12 Meadow Lane, Nantucket, MA 02554

Owner Information
Owner 1
David J Leiter
Owner 2
Owner's Address
3014 32nd St Nw Washington, DC 20008
Market Sale Information
Most recent sale date
3/30/2012
Previous sale date
12/29/2004
Transfer document #
01320-0161
Previous transfer document
00933-0102
Grantor
Twelve Meadow Lane LLC
Previous grantor
Robert H Braunohler
Most recent sale price
$1,725,000.00
Previous sale price
$0.00
Site Information
Property ID
41-404
Lot Size
0.63
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
1
Number of Beds
4
Year Built
2000
Number of full baths
2
Condition
Number of half baths
1
Finished Area
3494
Number of Kitchen
1
Gross Living Area
6286
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,565,100.00
Total value
$3,726,900.00
Building value
$2,161,800.00
Estimated tax
$11,665.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 12 Meadow Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $493.70 Style Colonial Age 2000 Rooms Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 6286 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.63 Roof Cover Wood Shingle AEM Value - Building $2,161,800.00 AEM Value - Land $1,565,100.00 AEM Value - Other $0.00 AEM Value - Total $3,726,900.00
A) 20 West Chester Street 0.5 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
B) 45 Fair Street 0.7 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
C) 25 Union Street 0.8 8/19/2024 $2,365,000 3,537 2 $668.65 Antique 1806 5 2 1 7266 Hot Water 0.14 Wood Shingle $2,507,500 $2,226,200 $0 $4,733,700
D) 16 Walsh Street 0.8 8/21/2024 $287,500 4,133 2 $69.56 Colonial 1960 7 4 1 5889 Electr Basebrd 0.28 Asph/F Gls/Cmp $2,554,200 $2,264,700 $0 $4,818,900
E) 24 Walsh Street 0.9 9/6/2024 $6,350,000 2,758 2.5 $2302.39 Antique 1840 5 5 1 3742 Forced Air-Duc 0.11 Wood Shingle $2,136,900 $2,197,500 $0 $4,334,400
F) 16 Back Street 0.9 8/29/2024 $3,295,000 2,946 1.75 $1118.47 Antique 1900 4 3 3339 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,400,300 $821,400 $0 $2,221,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 12 Meadow Lane 3/30/2012 $1,725,000 0 Colonial 3,494 0.63 4 2-1 -
  Criteria
A 20 West Chester Street 6/17/2024 $6,995,000 0.5 Custom Built 3,287 0.28 4 4-2
B 45 Fair Street 5/8/2024 $4,800,000 0.7 Custom Built 2,854 0.07 4 4-1
C 25 Union Street 8/19/2024 $2,365,000 0.8 Antique 3,537 0.14 5 2-1
D 16 Walsh Street 8/21/2024 $287,500 0.8 Colonial 4,133 0.28 7 4-1
E 24 Walsh Street 9/6/2024 $6,350,000 0.9 Antique 2,758 0.11 5 5-1
F 16 Back Street 8/29/2024 $3,295,000 0.9 Antique 2,946 0.12 4 3-
Averages 64 days $4,015,417 0.76 --- 3,253 0.17 --- ---  

Estimation of Market Value - $3,864,702

As of today, 09/29/2024, the estimated market value of 12 Meadow Lane, Nantucket considering the above 6 comparable properties is $3,864,702.

 

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
  • 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
@ 12 Meadow Lane 3/30/2012 $1,725,000 0 Colonial 3,494 0.63 4 2-1 -
  Criteria
A 12 Meadow Lane-Lot 601 1/7/2013 $675,000 0.0 Vacant Land 0.47 -
B 5 Ackermuck Way 7/2/1997 $230,000 0.0 Cape Cod 2,061 1.2 5 2-
C 14 Meadow Lane 5/5/2017 $1,650,000 0.0 Ranch 1,294 0.49 2 1-
D 8 Meadow Lane 7/12/2019 $0 0.0 Cape Cod 1,200 0.2 4 2-
E 9 Meadow Lane 6/20/2012 $775,000 0.0 Ranch 1,985 0.3 2 2-1
F 13 Meadow Lane 5/30/2017 $0 0.1 Cape Cod 1,586 0.53 2 2-
G 11 Meadow Lane 10/21/2020 $5,750,000 0.1 Custom Built 3,925 0.46 6 5-2
H 16 Meadow Lane 12/29/2016 $0 0.1 Colonial 6,198 0.57 7 4-1
I 17 Madaket Road 10/19/2018 $1,413,750 0.1 Cape Cod 3,265 0.5 3 3-1
J 6 Ackermuck Way 11/1/2021 $4,895,000 0.1 Custom Built 2,924 0.64 4 4-1
K 15 Meadow Lane 10/25/2018 $0 0.1 Ranch 1,968 0.55 3 2-
L 7 Meadow Lane 10/30/2003 $1,625,000 0.1 Colonial 3,046 0.32 3 3-1
M 21-R Madaket Road 7/26/2011 $0 0.1 Colonial 6,343 1.3 7 4-2
N 6 Meadow Lane 3/28/2012 $465,000 0.1 Colonial 1,318 0.17 3 3-
O 18 Meadow Lane 10/30/2019 $1,862,250 0.1 Colonial 3,364 0.46 3 3-
P 14 Mayhew Lane 9/30/2013 $3,850,000 0.1 Custom Built 3,912 0.48 5 4-1
Q 17 Meadow Lane 5/18/2004 $975,000 0.1 Ranch 2,350 0.49 2 2-
R 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
S 8 New Lane 1/29/2021 $3,200,000 0.1 Colonial 2,633 0.46 5 4-1
T 19 Madaket Road 5/17/1993 $211,500 0.1 Ranch 1,168 0.76 2 1-1
U 5 Meadow Lane 3/2/2007 $1,250,000 0.1 Cape Cod 1,935 0.33 4 2-
V 10 New Lane 11/15/2021 $0 0.1 Colonial 2,112 0.46 3 3-
W 6-R New Lane 11/5/2021 $2,537,500 0.1 Colonial 1,792 0.12 3 2-1
X 4 Meadow Lane 2/28/2005 $0 0.1 Ranch 1,294 0.18 2 1-
Y 14 New Lane 6/17/2016 $2,262,500 0.1 Colonial 3,181 0.11 5 4-1
Z 10 Mayhew Lane 10/27/2004 $3,625,000 0.1 Colonial 3,608 0.48 6 6-1
- 21 Madaket Road 9/15/2014 $2,750,000 0.1 Custom Built 2,468 0.37 4 3-2
- 15-A Madaket Road 5/26/2017 $0 0.1 Colonial 2,801 0.5 4 4-1
- 3 Meadow Lane 8/13/2004 $0 0.1 Ranch 909 0.2 3 1-
- 36 Grove Lane 12/5/2017 $85,000 0.1 Vacant Land 1.83 -
- 29 Madaket Road 10/28/2022 $0 0.1 Colonial 5,156 0.29 3 2-
- 30 Grove Lane 5/1/2007 $0 0.1 Colonial 1,980 0.68 4 1-1
- 32 Grove Lane 12/29/2000 $0 0.1 Vacant Land 0.86 -
- 16 New Lane 9/15/2021 $0 0.1 Colonial 2,735 0.16 4 3-1
- 28 Grove Lane 11/30/2007 $0 0.1 Colonial 2,736 0.65 5 3-1
- 23 Madaket Road 7/1/2022 $4,000,000 0.1 Conventional 2,033 0.72 3 2-
- 8 Mayhew Lane 4/30/2021 $3,050,000 0.1 Colonial 2,880 0.14 4 5-
- 31 Madaket Road 12/4/2013 $0 0.1 Colonial 1,592 1.31 1 2-1
- 9 Madaket Road 9/7/2021 $2,750,000 0.1 Colonial 1,944 0.54 4 2-
- 34-A Grove Lane 4/5/2023 $1,860,000 0.1 Colonial 2,108 0.52 3 1-1
- 6 New Lane 11/10/2021 $4,800,000 0.1 Custom Built 3,485 0.12 3 5-1
- 15 Madaket Road 2/9/1996 $560,000 0.1 Colonial 1,796 0.46 3 3-
- 34-B Grove Lane 5/29/1998 $246,000 0.1 Ranch 792 0.46 2 1-
- 26 Grove Lane 11/30/2007 $0 0.1 Vacant Land 0.68 -
- 18 New Lane 2/3/1997 $0 0.1 Cape Cod 2,137 0.37 4 3-
- 6 Mayhew Lane 8/5/2015 $0 0.1 Colonial 3,572 0.17 4 4-1
- 13 Madaket Road 1/22/2022 $0 0.1 Colonial 2,482 0.15 3 3-1
- 24 Grove Lane 7/26/2007 $1,425,000 0.1 Custom Built 6,390 1.21 6 6-
- 4 New Lane 12/12/1990 $200,000 0.1 Conventional 3,460 0.41 5 2-1
- 22 Madaket Road 10/9/2013 $865,000 0.1 Cape Cod 1,882 0.1 3 4-
- 7 New Lane 10/30/2015 $3,200,000 0.1 Custom Built 4,034 0.21 5 5-2
- 9 New Lane 6/22/1993 $0 0.1 Ranch 1,303 0.21 2 2-
- 4 Mayhew Lane 1/5/2000 $1,275,000 0.1 Colonial 2,784 0.16 4 3-1
- 7-A New Lane 6/24/2024 $4,575,000 0.1 Guest Quarters 560 0.16 1 1-
Averages 4524 days $1,275,806 0.09 --- 2,417 0.48 --- ---  
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
41 404 12 Meadow Lane