28 Grove Lane, Nantucket, MA 02554

Owner Information
Owner 1
Mary Ann Meyers
Owner 2
Meyers Family Nom Trust
Owner's Address
414 Old Lancaster Rd Haverford, PA 19041-1571
Market Sale Information
Most recent sale date
11/30/2007
Previous sale date
12/14/1998
Transfer document #
01115-0242
Previous transfer document
00603-0149
Grantor
Mary Ann Meyers
Previous grantor
John M Meyers
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
41-436
Lot Size
0.65
Use Code
101 - Residential, single family
Zoning
R40
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1989
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2736
Number of Kitchen
1
Gross Living Area
4447
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
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
$1,267,100.00
Total value
$2,858,800.00
Building value
$1,591,700.00
Estimated tax
$8,948.00
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 28 Grove Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1989 Rooms Bedrooms 5 Full baths 3 Half baths 1 Gross Living Area 4447 Heating Fuel Hot Water Detached Garage Lot Size 0.65 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,591,700.00 AEM Value - Land $1,267,100.00 AEM Value - Other $0.00 AEM Value - Total $2,858,800.00
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) 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
C) 1 Farmer Street 0.7 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
D) 45 Fair Street 0.8 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
E) 10 Aurora Way 0.9 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
@ 28 Grove Lane 11/30/2007 $0 0 Colonial 2,736 0.65 5 3-1 -
  Criteria
A 20 New Lane 1/17/2024 $4,350,000 0.1 Colonial 2,247 0.12 4 3-1
B 20 West Chester Street 6/17/2024 $6,995,000 0.4 Custom Built 3,287 0.28 4 4-2
C 1 Farmer Street 5/10/2024 $3,600,000 0.7 Antique 2,430 0.06 3 3-1
D 45 Fair Street 5/8/2024 $4,800,000 0.8 Custom Built 2,854 0.07 4 4-1
E 10 Aurora Way 1/9/2024 $4,650,000 0.9 Colonial 2,468 0.18 4 3-1
Averages 89 days $4,879,000 0.58 --- 2,657 0.14 --- ---  

Estimation of Market Value - $4,325,389

As of today, 06/27/2024, the estimated market value of 28 Grove Lane, Nantucket considering the above 5 comparable properties is $4,325,389.

 

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
@ 28 Grove Lane 11/30/2007 $0 0 Colonial 2,736 0.65 5 3-1 -
  Criteria
A 26 Grove Lane 11/30/2007 $0 0.0 Vacant Land 0.68 -
B 30 Grove Lane 5/1/2007 $0 0.0 Colonial 1,980 0.68 4 1-1
C 24 Grove Lane 7/26/2007 $1,425,000 0.0 Custom Built 6,390 1.21 6 6-
D 32 Grove Lane 12/29/2000 $0 0.0 Vacant Land 0.86 -
E 11 Meadow Lane 10/21/2020 $5,750,000 0.1 Custom Built 3,925 0.46 6 5-2
F 13 Meadow Lane 5/30/2017 $0 0.1 Cape Cod 1,586 0.53 2 2-
G 14 Mayhew Lane 9/30/2013 $3,850,000 0.1 Custom Built 3,912 0.48 5 4-1
H 34-A Grove Lane 4/5/2023 $1,860,000 0.1 Colonial 2,108 0.52 3 1-1
I 15 Meadow Lane 10/25/2018 $0 0.1 Ranch 1,968 0.55 3 2-
J 20 Grove Lane 2/22/2018 $246,900 0.1 Vacant Land 0.52 -
K 9 Meadow Lane 6/20/2012 $775,000 0.1 Ranch 1,985 0.3 2 2-1
L 10 Mayhew Lane 10/27/2004 $3,625,000 0.1 Colonial 3,608 0.48 6 6-1
M 23 Grove Lane 1/30/2002 $0 0.1 Family Conver. 1,411 1.5 3 2-
N 34-B Grove Lane 5/29/1998 $246,000 0.1 Ranch 792 0.46 2 1-
O 7 Meadow Lane 10/30/2003 $1,625,000 0.1 Colonial 3,046 0.32 3 3-1
P 18 Grove Lane 6/12/2012 $0 0.1 Vacant Land 0.5 -
Q 17 Meadow Lane 5/18/2004 $975,000 0.1 Ranch 2,350 0.49 2 2-
R 19 Grove Lane 5/12/2016 $35,000 0.1 Vacant Land 0.83 -
S 8 Mayhew Lane 4/30/2021 $3,050,000 0.1 Colonial 2,880 0.14 4 5-
T 35 Grove Lane $0 0.1 Vacant Land 10.8 -
U 5 Meadow Lane 3/2/2007 $1,250,000 0.1 Cape Cod 1,935 0.33 4 2-
V 8 Meadow Lane 7/12/2019 $0 0.1 Cape Cod 1,200 0.2 4 2-
W 6 Mayhew Lane 8/5/2015 $0 0.1 Colonial 3,572 0.17 4 4-1
X 18 Meadow Lane 10/30/2019 $1,862,250 0.1 Colonial 3,364 0.46 3 3-
Y 12 Meadow Lane 3/30/2012 $1,725,000 0.1 Colonial 3,494 0.63 4 2-1
Z 12 Meadow Lane-Lot 601 1/7/2013 $675,000 0.1 Vacant Land 0.47 -
- 4 Mayhew Lane 1/5/2000 $1,275,000 0.1 Colonial 2,784 0.16 4 3-1
- 14 Meadow Lane 5/5/2017 $1,650,000 0.1 Ranch 1,294 0.49 2 1-
- 17 Grove Lane 12/31/2002 $0 0.1 Vacant Land 0.32 -
- 16 Grove Lane 4/2/2010 $0 0.1 Cape Cod 1,232 0.5 3 2-
- 6 Meadow Lane 3/28/2012 $465,000 0.1 Colonial 1,318 0.17 3 3-
- 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 -
- 16 Meadow Lane 12/29/2016 $0 0.1 Colonial 6,198 0.57 7 4-1
- 18 New Lane 2/3/1997 $0 0.1 Cape Cod 2,137 0.37 4 3-
- 5 Ackermuck Way 7/2/1997 $230,000 0.1 Cape Cod 2,061 1.2 5 2-
- 22 New Lane 6/30/2017 $2,237,500 0.1 Colonial 3,064 0.12 5 4-1
- 2 Mayhew Lane 10/5/2022 $4,170,000 0.1 Colonial 2,715 0.14 4 3-1
- 20 New Lane 1/17/2024 $4,350,000 0.1 Colonial 2,247 0.12 4 3-1
- 4 Meadow Lane 2/28/2005 $0 0.1 Ranch 1,294 0.18 2 1-
- 38 Grove Lane 12/5/2017 $85,000 0.1 Vacant Land 1.16 -
Averages 4709 days $1,061,528 0.09 --- 1,921 0.78 --- ---  
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
41 436 28 Grove Lane