8 New Lane, Nantucket, MA 02554

8 New Lane Nantucket MA 02554
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Owner Information
Owner 1
Robert Santangelo & McCann Melissa
Owner 2
Owner's Address
49 Baldwin Farms South Greenwich, CT 06931
Market Sale Information
Most recent sale date
1/29/2021
Previous sale date
12/21/2004
Transfer document #
1799-76
Previous transfer document
00931-0061
Grantor
Richard B Morgan
Previous grantor
Meg S Callahan
Most recent sale price
$3,200,000.00
Previous sale price
$1,725,000.00
Site Information
Property ID
41-401-3
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1994
Number of full baths
4
Condition
Number of half baths
1
Finished Area
2633
Number of Kitchen
1
Gross Living Area
5220
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood, Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,051,900.00
Total value
$3,312,700.00
Building value
$2,260,800.00
Estimated tax
$10,368.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 8 New Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,215.34 Style Colonial Age 1994 Rooms Bedrooms 5 Full baths 4 Half baths 1 Gross Living Area 5220 Heating Fuel Hot Water Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,260,800.00 AEM Value - Land $1,051,900.00 AEM Value - Other $0.00 AEM Value - Total $3,312,700.00
A) 20 New Lane 0.1 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
B) 108 Main Street 0.4 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
C) 20 West Chester Street 0.4 6/17/2024 $6,995,000 3,287 2 $2128.08 Custom Built 2016 4 4 2 5325 Forced Air-Duc 0.28 Asph/F Gls/Cmp $4,768,600 $1,559,950 $0 $6,328,550
D) 1 Farmer Street 0.6 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
E) 45 Fair Street 0.6 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
F) 56 Walsh Street 0.8 2/15/2024 $5,000,000 2,028 1.75 $2465.48 Cape Cod 1930 5 3 1 3275 Electr Basebrd 0.11 Wood Shingle $1,129,500 $2,656,800 $0 $3,786,300
G) 10 Aurora Way 0.8 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 New Lane 1/29/2021 $3,200,000 0 Colonial 2,633 0.46 5 4-1 -
  Criteria
A 20 New Lane 1/17/2024 $4,350,000 0.1 Colonial 2,247 0.12 4 3-1
B 108 Main Street 3/19/2024 $4,500,000 0.4 Antique 2,005 0.17 6 4-1
C 20 West Chester Street 6/17/2024 $6,995,000 0.4 Custom Built 3,287 0.28 4 4-2
D 1 Farmer Street 5/10/2024 $3,600,000 0.6 Antique 2,430 0.06 3 3-1
E 45 Fair Street 5/8/2024 $4,800,000 0.6 Custom Built 2,854 0.07 4 4-1
F 56 Walsh Street 2/15/2024 $5,000,000 0.8 Cape Cod 2,028 0.11 5 3-1
G 10 Aurora Way 1/9/2024 $4,650,000 0.8 Colonial 2,468 0.18 4 3-1
Averages 97 days $4,842,143 0.53 --- 2,474 0.14 --- ---  

Estimation of Market Value - $4,636,736

As of today, 06/27/2024, the estimated market value of 8 New Lane, Nantucket considering the above 7 comparable properties is $4,636,736.

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
Mailing Labels
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 New Lane 1/29/2021 $3,200,000 0 Colonial 2,633 0.46 5 4-1 -
  Criteria
A 10 New Lane 11/15/2021 $0 0.0 Colonial 2,112 0.46 3 3-
B 6-R New Lane 11/5/2021 $2,537,500 0.0 Colonial 1,792 0.12 3 2-1
C 6 New Lane 11/10/2021 $4,800,000 0.0 Custom Built 3,485 0.12 3 5-1
D 14 New Lane 6/17/2016 $2,262,500 0.0 Colonial 3,181 0.11 5 4-1
E 6 Ackermuck Way 11/1/2021 $4,895,000 0.0 Custom Built 2,924 0.64 4 4-1
F 4 Meadow Lane 2/28/2005 $0 0.0 Ranch 1,294 0.18 2 1-
G 7 New Lane 10/30/2015 $3,200,000 0.0 Custom Built 4,034 0.21 5 5-2
H 7-A New Lane 6/24/2024 $4,575,000 0.0 Guest Quarters 560 0.16 1 1-
I 6 Meadow Lane 3/28/2012 $465,000 0.0 Colonial 1,318 0.17 3 3-
J 9 New Lane 6/22/1993 $0 0.0 Ranch 1,303 0.21 2 2-
K 5 Ackermuck Way 7/2/1997 $230,000 0.0 Cape Cod 2,061 1.2 5 2-
L 5 New Lane 3/27/2020 $1,900,000 0.0 Cape Cod 2,374 0.16 3 2-2
M 16 New Lane 9/15/2021 $0 0.0 Colonial 2,735 0.16 4 3-1
N 11 New Lane 4/21/2000 $0 0.1 Cape Cod 1,170 0.21 2 0-
O 4 New Lane 12/12/1990 $200,000 0.1 Conventional 3,460 0.41 5 2-1
P 9 Madaket Road 9/7/2021 $2,750,000 0.1 Colonial 1,944 0.54 4 2-
Q 8 Meadow Lane 7/12/2019 $0 0.1 Cape Cod 1,200 0.2 4 2-
R 13 New Lane 12/15/2014 $2,580,000 0.1 Colonial 4,423 0.23 5 5-1
S 3 New Lane $0 0.1 Gar/Apt Res 897 0.17 2 1-
T 3 Meadow Lane 8/13/2004 $0 0.1 Ranch 909 0.2 3 1-
U 15 New Lane 9/4/2018 $1,960,000 0.1 Cape Cod 2,234 0.14 4 4-
V 4 Barnabas Lane 12/15/2000 $1,575,000 0.1 Colonial 2,687 0.17 5 4-1
W 6 Barnabas Lane 2/3/2022 $0 0.1 Colonial 4,690 0.18 6 5-1
X 15-A Madaket Road 5/26/2017 $0 0.1 Colonial 2,801 0.5 4 4-1
Y 5 Meadow Lane 3/2/2007 $1,250,000 0.1 Cape Cod 1,935 0.33 4 2-
Z 13 Madaket Road 1/22/2022 $0 0.1 Colonial 2,482 0.15 3 3-1
- 15 Madaket Road 2/9/1996 $560,000 0.1 Colonial 1,796 0.46 3 3-
- 8 Barnabas Lane 10/15/2009 $1,100,000 0.1 Vacant Land 0.18 -
- 7 Madaket Road 8/1/2014 $860,000 0.1 Cape Cod 1,669 0.18 2 2-
- 7 Meadow Lane 10/30/2003 $1,625,000 0.1 Colonial 3,046 0.32 3 3-1
- 17 New Lane 4/24/2020 $0 0.1 Vacant Land 0.12 -
- 5 Madaket Road 9/11/2007 $0 0.1 Cape Cod 1,287 0.2 2 1-
- 18 New Lane 2/3/1997 $0 0.1 Cape Cod 2,137 0.37 4 3-
- 164 Main Street 8/21/2020 $1,400,000 0.1 Antique 2,332 0.08 4 4-
- 10 Barnabas Lane 6/15/2011 $2,675,000 0.1 Colonial 3,082 0.17 3 3-1
- 36 Woodbury Lane 2/23/2004 $0 0.1 Colonial 2,584 0.17 5 3-1
- 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
- 9 Meadow Lane 6/20/2012 $775,000 0.1 Ranch 1,985 0.3 2 2-1
- 3 Madaket Road 7/30/2018 $1,250,000 0.1 Antique 1,242 0.11 3 1-2
- 12 Meadow Lane 3/30/2012 $1,725,000 0.1 Colonial 3,494 0.63 4 2-1
- 12 Barnabas Lane 9/9/2020 $3,955,000 0.1 Colonial 4,144 0.18 4 4-2
- 162 Main Street 6/7/2021 $0 0.1 Bungalow 842 0.12 2 1-
- 34 Woodbury Lane 5/29/1992 $110,000 0.1 Colonial 3,236 0.12 3 4-
- 17 Madaket Road 10/19/2018 $1,413,750 0.1 Cape Cod 3,265 0.5 3 3-1
- 10 Mayhew Lane 10/27/2004 $3,625,000 0.1 Colonial 3,608 0.48 6 6-1
- 32 Woodbury Lane 4/21/2017 $0 0.1 Colonial 2,100 0.12 3 2-1
- 5 Barnabas Lane 7/20/2020 $5,550,000 0.1 Custom Built 5,191 0.15 6 6-1
- 20 New Lane 1/17/2024 $4,350,000 0.1 Colonial 2,247 0.12 4 3-1
- 8 Mayhew Lane 4/30/2021 $3,050,000 0.1 Colonial 2,880 0.14 4 5-
- 160 Main Street 5/27/2015 $850,000 0.1 Antique 1,600 0.09 4 2-
- 7 Barnabas Lane 1/4/2018 $1,980,000 0.1 Vacant Land 0.22 -
- 6 Mayhew Lane 8/5/2015 $0 0.1 Colonial 3,572 0.17 4 4-1
- 4 Madaket Road 10/10/2014 $1,537,500 0.1 Conventional 2,165 0.12 4 3-1
- 4 Mayhew Lane 1/5/2000 $1,275,000 0.1 Colonial 2,784 0.16 4 3-1
- 14 Mayhew Lane 9/30/2013 $3,850,000 0.1 Custom Built 3,912 0.48 5 4-1
- 9 Barnabas Lane 10/20/2003 $1,675,000 0.1 Colonial 3,390 0.15 5 3-1
- 30 Woodbury Lane 9/9/2020 $2,942,500 0.1 Colonial 2,609 0.12 4 3-1
- 0 Winn Street 4/27/2018 $1,775,000 0.1 Cape Cod 3,189 0.15 5 5-1
- 22 New Lane 6/30/2017 $2,237,500 0.1 Colonial 3,064 0.12 5 4-1
- 2 Madaket Road 12/30/1985 $0 0.1 Churches 1,344 0.16 0 0-
- 153 Main Street 3/31/2016 $2,000,000 0.1 Antique 4,896 0.23 6 6-1
- 12 Meadow Lane-Lot 601 1/7/2013 $675,000 0.1 Vacant Land 0.47 -
- 11 Barnabas Lane 9/26/2013 $1,800,000 0.1 Colonial 2,136 0.15 3 3-
- 37 Woodbury Lane 7/13/2018 $0 0.1 Vacant Land 0.15 -
- 158 Main Street 4/25/2002 $638,000 0.1 Antique 1,655 0.14 3 2-
- 11 Meadow Lane 10/21/2020 $5,750,000 0.1 Custom Built 3,925 0.46 6 5-2
- 19 Madaket Road 5/17/1993 $211,500 0.1 Ranch 1,168 0.76 2 1-1
- 1 Hedgebury Lane 10/25/2019 $0 0.1 Ranch 1,188 0.53 4 3-
- 33 Woodbury Lane 3/12/2013 $0 0.1 Colonial 5,779 0.41 5 6-1
- 8 Lowell Place 7/17/2018 $100 0.1 Antique 776 0.33 1 2-
- 2 Mayhew Lane 10/5/2022 $4,170,000 0.1 Colonial 2,715 0.14 4 3-1
- 13 Barnabas Lane 7/25/2003 $1,200,000 0.1 Colonial 2,904 0.15 5 3-1
- 3 Hedgebury Lane 5/18/2011 $3,340,000 0.1 Custom Built 5,796 0.52 5 7-2
- 31 Woodbury Lane 5/27/2015 $2,461,150 0.1 Colonial 2,968 0.24 5 4-1
- 14 Meadow Lane 5/5/2017 $1,650,000 0.1 Ranch 1,294 0.49 2 1-
- 13 Meadow Lane 5/30/2017 $0 0.1 Cape Cod 1,586 0.53 2 2-
- 5 Hedgebury Lane 1/25/2022 $7,105,000 0.1 Cape Cod 2,317 0.48 4 3-3
- 4 Lowell Place 6/24/2013 $0 0.1 Colonial 1,730 0.09 4 5-
- 29 Woodbury Lane 11/16/2012 $2,550,000 0.1 Colonial 3,448 0.23 3 3-1
- 6 Lowell Place 7/17/2018 $100 0.1 Cape Cod 962 0.08 3 1-1
Averages 4199 days $1,510,964 0.08 --- 2,364 0.27 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
41 401 3 8 New Lane