40 Grove Lane, Nantucket, MA 02554

Owner Information
Owner 1
David M Knouf & Metz Sophie A
Owner 2
Owner's Address
34 Madaket Road Nantucket, MA 02554
Market Sale Information
Most recent sale date
6/20/2018
Previous sale date
07/01/1978
Transfer document #
01650-0210
Previous transfer document
00165-0023
Grantor
James Hunt Barker
Previous grantor
Most recent sale price
$1,650,000.00
Previous sale price
$0.00
Site Information
Property ID
41-430
Lot Size
1.8
Use Code
132 - Land, undevelopable
Zoning
R40
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$18,000.00
Total value
$18,000.00
Building value
$0.00
Estimated tax
$56.00
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 40 Grove Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age Rooms Bedrooms Full baths Half baths Gross Living Area Heating Fuel Detached Garage Lot Size 1.8 Roof Cover AEM Value - Building $0.00 AEM Value - Land $18,000.00 AEM Value - Other $0.00 AEM Value - Total $18,000.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Grove Lane 6/20/2018 $1,650,000 0 Vacant Land 1.8 - -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 40 Grove Lane 6/20/2018 $1,650,000 0 Vacant Land 1.8 - -
  Criteria
A 38 Grove Lane 12/5/2017 $85,000 0.0 Vacant Land 1.16 -
B 36 Grove Lane 12/5/2017 $85,000 0.0 Vacant Land 1.83 -
C 35 Madaket Road 6/20/2018 $1,650,000 0.1 Ranch 1,707 3.79 2 3-1
D 41 Grove Lane-Lot 429 $0 0.1 Vacant Land 0.3 -
E 18 Meadow Lane 10/30/2019 $1,862,250 0.1 Colonial 3,364 0.46 3 3-
F 17 Meadow Lane 5/18/2004 $975,000 0.1 Ranch 2,350 0.49 2 2-
G 34-B Grove Lane 5/29/1998 $246,000 0.1 Ranch 792 0.46 2 1-
H 41 Grove Lane-Lot 428 $0 0.1 Vacant Land 0.29 -
I 33 Madaket Road 12/14/2020 $5,122,500 0.1 Custom Built 4,453 1.18 4 6-1
J 16 Meadow Lane 12/29/2016 $0 0.1 Colonial 6,198 0.57 7 4-1
K 41 Madaket Road 11/14/2013 $0 0.1 Colonial 2,016 1.8 4 3-
L 47 Grove Lane 9/30/2010 $55,000 0.1 Vacant Land 1 -
M 34-A Grove Lane 4/5/2023 $1,860,000 0.1 Colonial 2,108 0.52 3 1-1
N 37 Madaket Road 9/16/2019 $1,400,000 0.1 Ranch 1,396 0.61 3 2-
O 31 Madaket Road 12/4/2013 $0 0.1 Colonial 1,592 1.31 1 2-1
P 41 Grove Lane-Lot 427 $0 0.1 Vacant Land 0.07 -
Q 39 Madaket Road 5/7/2018 $0 0.1 Cape Cod 1,512 0.57 3 3-
R 15 Meadow Lane 10/25/2018 $0 0.1 Ranch 1,968 0.55 3 2-
S 14 Meadow Lane 5/5/2017 $1,650,000 0.1 Ranch 1,294 0.49 2 1-
T 43 Madaket Road 7/7/2014 $0 0.1 Bungalow 1,063 1.6 2 2-
U 29 Madaket Road 10/28/2022 $0 0.1 Colonial 5,156 0.29 3 2-
V 32 Grove Lane 12/29/2000 $0 0.1 Vacant Land 0.86 -
W 21-R Madaket Road 7/26/2011 $0 0.1 Colonial 6,343 1.3 7 4-2
X 12 Meadow Lane-Lot 601 1/7/2013 $675,000 0.1 Vacant Land 0.47 -
Y 45 Grove Lane 12/21/2001 $0 0.1 Vacant Land 2.39 -
Z 13 Meadow Lane 5/30/2017 $0 0.1 Cape Cod 1,586 0.53 2 2-
Averages 3749 days $602,529 0.09 --- 1,727 0.96 --- ---  
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
41 430 40 Grove Lane