8 Lily Street, Nantucket, MA 02554

Owner Information
Owner 1
Lily Street LLC
Owner 2
Owner's Address
1307 Bishop Lane Alexandria, VA 22302
Market Sale Information
Most recent sale date
9/25/2007
Previous sale date
02/04/2005
Transfer document #
01104-0034
Previous transfer document
00939-0185
Grantor
Faraway Properties Lp
Previous grantor
Elizabeth C Gould
Most recent sale price
$2,850,000.00
Previous sale price
$2,335,000.00
Site Information
Property ID
4234-8
Lot Size
0.31
Use Code
109 - Multiple Houses on one parcel
Zoning
ROH
Building Style
Antique
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1840
Number of full baths
4
Condition
Number of half baths
1
Finished Area
2791
Number of Kitchen
1
Gross Living Area
5503
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$2,336,500.00
Total value
$4,530,300.00
Building value
$2,193,800.00
Estimated tax
$14,179.00
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 8 Lily Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,021.14 Style Antique Age 1840 Rooms Bedrooms 4 Full baths 4 Half baths 1 Gross Living Area 5503 Heating Fuel Hot Water Detached Garage Lot Size 0.31 Roof Cover Wood Shingle AEM Value - Building $2,193,800.00 AEM Value - Land $2,336,500.00 AEM Value - Other $0.00 AEM Value - Total $4,530,300.00
A) 1 Walsh Street 0.4 4/18/2024 $4,950,000 2,237 2 $2212.78 Cape Cod 1913 4 3 1 2748 Forced Air-Duc 0.15 Wood Shingle $1,603,200 $2,337,000 $0 $3,940,200
B) 12 Washaman Avenue 1.0 6/14/2024 $3,495,000 3,090 1 $1131.07 Cape Cod 1991 6 4 1 6562 Hot Water 0.34 Asph/F Gls/Cmp $1,332,500 $702,000 $0 $2,034,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Lily Street 9/25/2007 $2,850,000 0 Antique 2,791 0.31 4 4-1 -
  Criteria
A 1 Walsh Street 4/18/2024 $4,950,000 0.4 Cape Cod 2,237 0.15 4 3-1
B 12 Washaman Avenue 6/14/2024 $3,495,000 1.0 Cape Cod 3,090 0.34 6 4-1
Averages 41 days $4,222,500 0.71 --- 2,664 0.25 --- ---  

Estimation of Market Value - $5,414,013

As of today, 06/26/2024, the estimated market value of 8 Lily Street, Nantucket considering the above 2 comparable properties is $5,414,013.

 

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
@ 8 Lily Street 9/25/2007 $2,850,000 0 Antique 2,791 0.31 4 4-1 -
  Criteria
A 6 Lily Street 1/8/2001 $3,650,000 0.0 Custom Built 4,424 0.25 6 6-1
B 12 Lily Street 3/7/2005 $0 0.0 Antique 1,464 0.08 2 2-
C 5 North Liberty Street 8/29/2014 $5,395,000 0.0 Custom Built 4,757 0.36 5 5-2
D 14 Lily Street 9/18/2012 $0 0.0 Antique 1,916 0.08 5 3-
E 4 Lily Street 6/24/2009 $1,778,000 0.0 Outbuildings 0.02 -
F 11 Lily Street 2/16/2021 $5,400,000 0.0 Custom Built 2,694 0.13 5 5-2
G 9 Lily Street 7/1/2022 $3,000,000 0.0 Antique 1,790 0.08 4 3-
H 7 Lily Street 2/26/2003 $0 0.0 Antique 1,309 0.12 3 1-1
I 3 North Liberty Street 3/6/2020 $0 0.0 Antique 2,836 0.13 4 4-1
J 16 Lily Street 9/18/2012 $0 0.0 Antique 2,622 0.21 4 3-1
K 13 Lily Street 5/28/2013 $791,574 0.0 Bungalow 582 0.08 2 1-
L 7 North Liberty Street 4/9/2009 $0 0.0 Conventional 2,708 0.33 5 4-
M 2 Lily Street 6/24/2009 $1,778,000 0.0 Antique 2,841 0.13 4 2-1
N 15 Lily Street 10/19/2022 $4,895,000 0.0 Cape Cod 3,025 0.12 3 5-1
O 5 Lily Street 5/7/2018 $0 0.0 Antique 1,200 0.22 2 2-
P 18 Lily Street 12/1/2023 $4,050,000 0.0 Colonial 3,370 0.18 5 5-1
Q 17 Lily Street 3/16/2018 $2,250,000 0.0 Colonial 2,532 0.12 4 3-1
R 9 North Liberty Street 12/17/2012 $0 0.0 Custom Built 2,917 0.32 4 4-1
S 1-A Lily Street 5/7/2018 $0 0.0 Colonial 770 0.05 2 2-
T 6 North Liberty Street 7/15/2005 $0 0.0 Antique 2,216 0.08 4 3-
U 1 Lily Street 5/28/2014 $1,287,500 0.1 Antique 1,770 0.12 3 1-
V 19 Lily Street 5/3/2004 $0 0.1 Antique 3,337 0.21 4 4-1
W 25 Hussey Street 9/30/2019 $4,925,000 0.1 Antique 3,936 0.32 5 4-1
X 11 North Liberty Street 12/31/1985 $0 0.1 Cape Cod 1,182 0.29 1 1-1
Y 1 Brocks Court 1/11/2011 $770,000 0.1 Antique 1,439 0.13 3 2-
Z 17 Academy Lane 8/2/2021 $2,250,000 0.1 Antique 1,318 0.05 3 3-
- 23 Hussey Street 4/22/2005 $0 0.1 Antique 2,384 0.13 5 1-1
- 31-A Hussey Street 6/20/1997 $375,000 0.1 Colonial 2,520 0.11 4 3-1
- 13 North Liberty Street 7/11/2017 $2,158,334 0.1 Colonial 2,064 0.29 3 3-
- 21 Lily Street 11/10/2021 $2,575,000 0.1 Antique 2,128 0.08 4 3-
- 31 Hussey Street 12/29/2020 $900,000 0.1 Conventional 2,925 0.13 4 3-
- 8 Wesco Place 1/2/1986 $0 0.1 Vacant Land 5.56 -
- 21 Hussey Street 1/24/2018 $2,275,000 0.1 Colonial 3,800 0.12 4 5-
- 22 Lily Street 12/21/2017 $1,850,000 0.1 Antique 2,769 0.91 5 4-
- 15 Academy Lane 12/28/1999 $0 0.1 Colonial 1,769 0.07 3 2-1
- 30 Hussey Street 6/14/2021 $0 0.1 Antique 2,305 0.11 3 3-1
- 8 North Liberty Street 9/8/2009 $0 0.1 Antique 1,964 0.41 5 3-1
- 8 Westminster Street 5/31/2011 $0 0.1 Antique 2,669 0.12 4 2-1
- 4 Crown Court 11/9/2011 $0 0.1 Colonial 3,347 0.12 5 4-1
- 2 Brocks Court 4/1/2021 $0 0.1 Antique 2,621 0.42 4 5-1
- 26 Hussey Street 7/26/2022 $0 0.1 Antique 2,304 0.07 4 2-1
- 45 India Street 8/26/2015 $1,525,000 0.1 Antique 2,508 0.05 3 2-1
- 15 North Liberty Street 3/20/2015 $4,100,000 0.1 Antique 3,549 0.11 4 4-1
- 23 Lily Street 6/2/2004 $0 0.1 Antique 4,891 0.22 4 3-1
- 12 Westminster Street 6/12/2008 $0 0.1 Antique 2,905 0.12 5 3-
- 16 North Liberty Street 10/6/1998 $625,000 0.1 Ranch 1,212 0.27 2 2-
- 21 Hussey Street-Lot 98 12/24/2020 $0 0.1 Antique 2,565 0.08 3 2-1
- 42 Liberty Street 10/19/2015 $0 0.1 Cape Cod 2,126 0.34 2 3-
- 12 Gay Street 8/13/2013 $0 0.1 Antique 2,651 0.08 4 3-
- 41 India Street 12/31/1997 $0 0.1 Antique 3,712 0.13 3 2-1
- 15 Quince Street 11/2/2020 $2,130,000 0.1 Antique 2,728 0.06 6 3-1
- 24 Hussey Street 5/23/2012 $2,950,000 0.1 Antique 3,719 0.07 5 5-2
- 17 Gay Street 7/1/1997 $0 0.1 Antique 1,982 0.06 4 3-
- 40 Liberty Street 10/1/2012 $2,625,000 0.1 Antique 2,931 0.08 5 3-1
- 13 Academy Lane 11/21/2022 $2,500,000 0.1 Cape Cod 1,775 0.12 2 2-
- 16 Quince Street 6/13/2011 $1,275,000 0.1 Antique 1,804 0.06 4 2-1
- 13 Quince Street 12/22/1995 $0 0.1 Custom Built 1,456 0.05 4 2-1
- 39 India Street 9/14/2012 $0 0.1 Antique 2,104 0.07 3 2-
- 19 North Liberty Street 9/7/2001 $1,290,000 0.1 Vacant Land 0.24 -
- 22 Hussey Street 8/29/2008 $1,700,000 0.1 Antique 3,899 0.07 6 5-
- 19 Hussey Street 8/29/2008 $1,700,000 0.1 Outbuildings 0.02 -
- 15 Gay Street 2/10/1992 $425,000 0.1 Antique 2,067 0.06 3 2-
- 10 Gay Street 6/28/2021 $2,900,000 0.1 B+B/Inn 4,212 0.1 5 9-1
- 25 Lily Street 11/12/2008 $0 0.1 Antique 1,563 0.07 4 2-1
- 17 North Liberty Street 3/23/1989 $195,000 0.1 Vacant Land 0.17 -
- 12 Academy Lane 12/18/2020 $2,100,000 0.1 Antique 1,792 0.1 4 3-
- 2 Woodbury Lane 10/18/2013 $1,900,000 0.1 Colonial 2,473 0.21 3 3-1
- 41 Liberty Street 10/20/2003 $1,148,000 0.1 Antique 3,625 0.13 5 1-
- 11 Academy Lane 12/6/2021 $0 0.1 Antique 2,994 0.15 5 2-
- 11 Quince Street 4/15/2016 $1,600,000 0.1 Colonial 2,556 0.06 4 4-1
- 20 Hussey Street 8/15/2022 $0 0.1 Antique 2,634 0.11 5 4-1
- 14 Quince Street $0 0.1 Antique 3,108 0.23 5 4-
- 11 Gay Street 1/25/2008 $0 0.1 Antique 1,742 0.12 5 2-
- 42 India Street 11/12/2014 $0 0.1 Antique 3,982 0.19 6 4-1
- 27 Lily Street 2/24/1988 $0 0.1 Antique 2,611 0.09 4 2-
- 4 Woodbury Lane 11/2/2017 $4,100,000 0.1 Colonial 4,354 0.22 4 5-1
- 15 Hussey Street 6/9/1987 $0 0.1 Conventional 1,662 0.14 4 1-1
- 8 Gay Street 12/19/2012 $0 0.1 Outbuildings 0.12 -
- 7 Academy Lane 6/2/2014 $5,992,500 0.1 Antique 4,014 0.48 6 6-
- 35 India Street 12/3/1992 $675,000 0.1 Antique 3,921 0.19 6 5-1
- 10 Academy Lane 8/13/2016 $2,500,000 0.1 Antique 2,328 0.11 4 2-
- 18 Hussey Street 11/7/2022 $0 0.1 Colonial 2,130 0.08 4 3-
- 9 Academy Lane 10/1/1998 $0 0.1 Colonial 833 0.12 3 3-1
- 28 Lily Street 10/10/2018 $3,895,000 0.1 Antique 3,896 0.51 5 4-2
- 38 India Street 12/10/1993 $440,000 0.1 Antique 2,128 0.22 4 4-1
- 39 Liberty Street 12/30/1997 $600,000 0.1 Antique 2,884 0.14 4 3-
- 9 Gay Street 5/17/2023 $3,747,562 0.1 Antique 2,388 0.07 4 4-1
- 33 India Street 9/25/2001 $1,625,000 0.1 Antique 3,448 0.1 5 5-1
- 6 Wesco Place 9/14/2000 $1,165,000 0.1 Colonial 2,304 0.39 4 2-1
- 34 India Street 4/12/2006 $0 0.1 Antique 3,270 0.2 5 3-1
- 6 Woodbury Lane 10/15/2021 $3,700,000 0.1 Antique 2,562 0.23 5 5-
- 3 Woodbury Lane 8/8/2012 $0 0.1 Colonial 2,676 0.34 3 3-
- 29 Lily Street 6/5/2015 $1,769,000 0.1 Antique 1,949 0.08 3 3-1
- 8 Academy Lane 6/13/2000 $0 0.1 Antique 1,470 0.05 4 2-
- 6 Gay Street 1/29/1993 $370,000 0.1 Antique 2,572 0.09 5 4-
- 1 Grove Lane 9/29/2017 $1,625,000 0.1 Bungalow 2,373 0.13 5 2-
- 27 North Liberty Street 8/8/2023 $2,495,000 0.1 Antique 1,181 0.27 2 2-
- 14 Hussey Street 11/8/2022 $5,195,000 0.1 Antique 2,881 0.14 5 4-1
Averages 4997 days $1,274,852 0.08 --- 2,404 0.22 --- ---  
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
4234 8 8 Lily Street