16 Grove Lane, Nantucket, MA 02554

Owner Information
Owner 1
Holly A Kelsey
Owner 2
Owner's Address
16 Grove Ln Nantucket, MA 02554
Market Sale Information
Most recent sale date
4/2/2010
Previous sale date
12/29/1992
Transfer document #
01226-0044
Previous transfer document
00405-0081
Grantor
Peter B Kelsey
Previous grantor
Peter B Kelsey
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
41-442
Lot Size
0.5
Use Code
109 - Multiple Houses on one parcel
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1970
Number of full baths
2
Condition
Number of half baths
Finished Area
1232
Number of Kitchen
1
Gross Living Area
3134
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
$1,239,400.00
Total value
$4,029,400.00
Building value
$2,790,000.00
Estimated tax
$12,612.00
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 16 Grove Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1970 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 3134 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,790,000.00 AEM Value - Land $1,239,400.00 AEM Value - Other $0.00 AEM Value - Total $4,029,400.00
A) 1 Hedgebury Lane 0.3 6/27/2024 $4,862,500 1,188 1 $4093.01 Ranch 2009 4 3 1865 Forced Air-Duc 0.53 Wood Shingle $1,688,400 $1,552,600 $0 $3,241,000
B) 27 North Beach Street 0.6 9/17/2024 $3,900,000 1,224 1 $3186.27 Cape Cod 1970 3 2 2036 Hot Water 0.2 Asph/F Gls/Cmp $1,002,600 $2,020,888 $0 $3,023,488
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Grove Lane 4/2/2010 $0 0 Cape Cod 1,232 0.5 3 2- -
  Criteria
A 1 Hedgebury Lane 6/27/2024 $4,862,500 0.3 Ranch 1,188 0.53 4 3-
B 27 North Beach Street 9/17/2024 $3,900,000 0.6 Cape Cod 1,224 0.2 3 2-
Averages 52 days $4,381,250 0.42 --- 1,206 0.36 --- ---  

Estimation of Market Value - $5,055,929

As of today, 09/28/2024, the estimated market value of 16 Grove Lane, Nantucket considering the above 2 comparable properties is $5,055,929.

 

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
@ 16 Grove Lane 4/2/2010 $0 0 Cape Cod 1,232 0.5 3 2- -
  Criteria
A 18 Grove Lane 6/12/2012 $0 0.0 Vacant Land 0.5 -
B 17 Grove Lane 12/31/2002 $0 0.0 Vacant Land 0.32 -
C 2 Mayhew Lane 10/5/2022 $4,170,000 0.0 Colonial 2,715 0.14 4 3-1
D 20 Grove Lane 2/22/2018 $246,900 0.0 Vacant Land 0.52 -
E 19 Grove Lane 5/12/2016 $35,000 0.0 Vacant Land 0.83 -
F 22 New Lane 6/30/2017 $2,237,500 0.1 Colonial 3,064 0.12 5 4-1
G 4 Mayhew Lane 1/5/2000 $1,275,000 0.1 Colonial 2,784 0.16 4 3-1
H 25 New Lane 12/19/1988 $325,000 0.1 Vacant Land 1 -
I 6 Mayhew Lane 8/5/2015 $0 0.1 Colonial 3,572 0.17 4 4-1
J 26 New Lane $0 0.1 Vacant Land 2.11 -
K 8 Mayhew Lane 4/30/2021 $3,050,000 0.1 Colonial 2,880 0.14 4 5-
L 20 New Lane 1/17/2024 $4,350,000 0.1 Colonial 2,247 0.12 4 3-1
M 37 Woodbury Lane 7/13/2018 $0 0.1 Vacant Land 0.15 -
N 21 Grove Lane 9/8/2006 $50,000 0.1 Vacant Land 1.71 -
O 10 Mayhew Lane 10/27/2004 $3,625,000 0.1 Colonial 3,608 0.48 6 6-1
P 24 Grove Lane 7/26/2007 $1,425,000 0.1 Custom Built 6,390 1.21 6 6-
Q 18 New Lane 2/3/1997 $0 0.1 Cape Cod 2,137 0.37 4 3-
R 33 Woodbury Lane 3/12/2013 $0 0.1 Colonial 5,779 0.41 5 6-1
S 10 Grove Lane $0 0.1 Vacant Land 1.01 -
T 5 Meadow Lane 3/2/2007 $1,250,000 0.1 Cape Cod 1,935 0.33 4 2-
U 3 Meadow Lane 8/13/2004 $0 0.1 Ranch 909 0.2 3 1-
V 14 Mayhew Lane 9/30/2013 $3,850,000 0.1 Custom Built 3,912 0.48 5 4-1
W 31 Woodbury Lane 5/27/2015 $2,461,150 0.1 Colonial 2,968 0.24 5 4-1
X 26 Grove Lane 11/30/2007 $0 0.1 Vacant Land 0.68 -
Y 27 New Lane $0 0.1 Vacant Land 2.35 -
Z 23 Grove Lane 1/30/2002 $0 0.1 Family Conver. 1,411 1.5 3 2-
- 36 Woodbury Lane 2/23/2004 $0 0.1 Colonial 2,584 0.17 5 3-1
- 29 Woodbury Lane 11/16/2012 $2,550,000 0.1 Colonial 3,448 0.23 3 3-1
- 17 New Lane 4/24/2020 $0 0.1 Vacant Land 0.12 -
- 7 Meadow Lane 10/30/2003 $1,625,000 0.1 Colonial 3,046 0.32 3 3-1
- 8 Grove Lane 2/2/2000 $1,300,000 0.1 Vacant Land 0.32 -
- 3 Wyers Way 10/25/2018 $2,100,000 0.1 Ranch 1,260 0.17 2 1-
- 34 Woodbury Lane 5/29/1992 $110,000 0.1 Colonial 3,236 0.12 3 4-
- 16 New Lane 9/15/2021 $0 0.1 Colonial 2,735 0.16 4 3-1
- 27 Woodbury Lane 9/6/2011 $0 0.1 Colonial 2,816 0.25 5 3-1
- 1 Wyers Way 12/30/2010 $0 0.1 Vacant Land 0.17 -
- 30 New Lane 8/31/1994 $0 0.1 Cape Cod 1,988 0.27 4 3-
- 4 Meadow Lane 2/28/2005 $0 0.1 Ranch 1,294 0.18 2 1-
- 28 Grove Lane 11/30/2007 $0 0.1 Colonial 2,736 0.65 5 3-1
- 15 New Lane 9/4/2018 $1,960,000 0.1 Cape Cod 2,234 0.14 4 4-
- 9 Grove Lane 11/6/2012 $860,000 0.1 Colonial 2,658 0.14 4 4-1
- 32 Woodbury Lane 4/21/2017 $0 0.1 Colonial 2,100 0.12 3 2-1
- 9 Meadow Lane 6/20/2012 $775,000 0.1 Ranch 1,985 0.3 2 2-1
- 6 Grove Lane 2/2/2000 $1,300,000 0.1 Colonial 5,052 0.99 6 6-
- 6 Meadow Lane 3/28/2012 $465,000 0.1 Colonial 1,318 0.17 3 3-
- 13 New Lane 12/15/2014 $2,580,000 0.1 Colonial 4,423 0.23 5 5-1
- 56 West Chester Street 6/30/2021 $0 0.1 Cape Cod 2,137 0.41 3 3-
- 25 Woodbury Lane 1/26/1995 $331,500 0.1 Colonial 3,753 0.25 4 6-
- 30 Woodbury Lane 9/9/2020 $2,942,500 0.1 Colonial 2,609 0.12 4 3-1
- 58 West Chester Street 9/11/2017 $0 0.1 Colonial 1,954 0.47 4 3-
- 14 New Lane 6/17/2016 $2,262,500 0.1 Colonial 3,181 0.11 5 4-1
- 11 Meadow Lane 10/21/2020 $5,750,000 0.1 Custom Built 3,925 0.46 6 5-2
- 60 West Chester Street 12/13/2007 $0 0.1 Cape Cod 1,765 0.5 4 2-
- 31 New Lane $0 0.1 Bungalow 560 0.23 2 1-
- 32 New Lane 10/2/2003 $1,225,000 0.1 Colonial 1,920 0.22 3 2-
Averages 5198 days $1,027,037 0.09 --- 2,055 0.46 --- ---  
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
41 442 16 Grove Lane