60 Grove Lane, Nantucket, MA 02554

Owner Information
Owner 1
Kirsten A Randall & Timothy R
Owner 2
Owner's Address
1822 E Prospect St Seattle, WA 98112
Market Sale Information
Most recent sale date
3/24/2017
Previous sale date
06/30/1988
Transfer document #
01584-0216
Previous transfer document
00302-0268
Grantor
Michael A Fitzgerald
Previous grantor
Most recent sale price
$550,000.00
Previous sale price
$285,000.00
Site Information
Property ID
41-417
Lot Size
0.71
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1979
Number of full baths
2
Condition
Number of half baths
Finished Area
1584
Number of Kitchen
1
Gross Living Area
2672
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,260,000.00
Total value
$1,979,500.00
Building value
$719,500.00
Estimated tax
$6,195.00
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 60 Grove Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $347.22 Style Colonial Age 1979 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 2672 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.71 Roof Cover Asph/F Gls/Cmp AEM Value - Building $719,500.00 AEM Value - Land $1,260,000.00 AEM Value - Other $0.00 AEM Value - Total $1,979,500.00
A) 12 Pilgrim Road 0.4 5/7/2024 $2,825,000 1,365 1 $2069.60 Ranch 1970 3 1 2450 Forced Air-Duc 0.17 Asph/F Gls/Cmp $357,700 $1,873,800 $0 $2,231,500
B) 149 Main Street 0.5 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
C) 45 West Chester Street 0.6 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
D) 33 West Chester Street 0.7 6/26/2024 $2,825,000 1,577 1 $1791.38 Bungalow 1940 3 2 3089 Forced Air-Duc 0.14 Asph/F Gls/Cmp $599,600 $1,384,815 $0 $1,984,415
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 60 Grove Lane 3/24/2017 $550,000 0 Colonial 1,584 0.71 3 2- -
  Criteria
A 12 Pilgrim Road 5/7/2024 $2,825,000 0.4 Ranch 1,365 0.17 3 1-
B 149 Main Street 5/17/2024 $4,225,000 0.5 Conventional 1,698 0.14 3 1-1
C 45 West Chester Street 4/17/2024 $3,200,000 0.6 Conventional 1,972 0.14 4 3-
D 33 West Chester Street 6/26/2024 $2,825,000 0.7 Bungalow 1,577 0.14 3 2-
Averages 139 days $3,268,750 0.55 --- 1,653 0.15 --- ---  

Estimation of Market Value - $2,942,806

As of today, 10/03/2024, the estimated market value of 60 Grove Lane, Nantucket considering the above 4 comparable properties is $2,942,806.

 

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
@ 60 Grove Lane 3/24/2017 $550,000 0 Colonial 1,584 0.71 3 2- -
  Criteria
A 42 Crooked Lane 12/20/1994 $375,000 0.0 Cape Cod 1,976 0.63 4 2-
B 58 Grove Lane 8/28/2019 $0 0.0 Cape Cod 1,446 0.91 3 2-1
C 55 Madaket Road 1/16/2008 $0 0.0 Colonial 2,080 0.62 3 2-1
D 46 Crooked Lane 8/4/2017 $2,200,000 0.0 Colonial 2,935 0.57 3 3-1
E 51-B Madaket Road 1/31/2018 $1,775,000 0.1 Colonial 2,540 0.92 3 2-1
F 36 Crooked Lane 11/15/2019 $1,978,800 0.1 Colonial 1,164 1.18 1 -1
G 51-A Madaket Road 6/2/2015 $0 0.1 Cottage 686 0.47 1 1-
H 43 Crooked Lane 3/22/1995 $227,500 0.1 Colonial 1,073 0.66 2 1-1
I 54 Grove Lane 11/27/2019 $0 0.1 Vacant Land 2.01 -
J 49-B Madaket Road 10/20/2000 $1,150,000 0.1 Colonial 1,415 0.48 2 3-
K 55 Grove Lane 11/15/2019 $0 0.1 Custom Built 6,363 1.02 7 6-2
L 57 Madaket Road 10/2/2012 $892,000 0.1 Colonial 1,580 0.71 3 2-1
M 49-A Madaket Road 7/18/2024 $4,137,500 0.1 Colonial 2,271 0.5 4 3-1
N 41 Crooked Lane 9/25/2003 $1,125,000 0.1 Colonial 2,125 1.77 2 2-1
O 53 Grove Lane 12/18/1986 $0 0.1 Vacant Land 2.17 -
P 32 Crooked Lane 1/29/2019 $0 0.1 Custom Built 6,083 0.73 5 6-2
Q 35 Crooked Lane 8/8/2005 $0 0.1 Colonial 1,864 0.93 4 3-1
R 56 Madaket Road 6/23/1999 $850,000 0.1 Vacant Land 2.53 -
S 30 Crooked Lane 10/22/2019 $6,650,000 0.1 Custom Built 7,887 1.77 5 5-1
T 61 Madaket Road 12/12/1996 $0 0.1 Colonial 1,212 0.7 3 1-1
U 54 Madaket Road 6/23/1999 $850,000 0.1 Outbuildings 0.83 -
V 33 Crooked Lane 10/3/2018 $1,750,000 0.1 Colonial 1,428 0.92 3 2-
W 43 Madaket Road 7/7/2014 $0 0.1 Bungalow 1,063 1.6 2 2-
X 62 Madaket Road 1/2/2009 $0 0.1 Ranch 1,368 0.89 3 1-
Y 47 Madaket Road 9/5/2017 $2,250,000 0.1 Colonial 3,454 0.87 4 3-1
Z 52 Madaket Road 6/23/1999 $850,000 0.1 Outbuildings 0.82 -
Averages 5429 days $1,040,800 0.08 --- 2,001 1.05 --- ---  
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
41 417 60 Grove Lane