3 Step Lane, Nantucket, MA 02554

Owner Information
Owner 1
3 Step Lane LLC
Owner 2
Owner's Address
1140 Reservoir Ave Cranston, RI 02920
Market Sale Information
Most recent sale date
3/7/2019
Previous sale date
04/14/2006
Transfer document #
01685-0024
Previous transfer document
01017-0168
Grantor
Veranda House LLC
Previous grantor
Veranda House LLC
Most recent sale price
$4,148,004.00
Previous sale price
$3,040,000.00
Site Information
Property ID
4242-44
Lot Size
0.19
Use Code
302 - Inns, Resorts or Tourist Homes
Zoning
ROH
Building Style
B+B/Inn
Number of Rooms
Stories
3
Number of Beds
20
Year Built
1684
Number of full baths
9
Condition
Number of half baths
Finished Area
7463
Number of Kitchen
Gross Living Area
10598
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
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,906,500.00
Total value
$1,906,500.00
Building value
$0.00
Estimated tax
$10,104.00
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 3 Step Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $555.81 Style B+B/Inn Age 1684 Rooms Bedrooms 20 Full baths 9 Half baths Gross Living Area 10598 Heating Fuel Hot Water Detached Garage Lot Size 0.19 Roof Cover Asph/F Gls/Cmp AEM Value - Building $0.00 AEM Value - Land $1,906,500.00 AEM Value - Other $0.00 AEM Value - Total $1,906,500.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Step Lane 3/7/2019 $4,148,004 0 B+B/Inn 7,463 0.19 20 9- -
  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
@ 3 Step Lane 3/7/2019 $4,148,004 0 B+B/Inn 7,463 0.19 20 9- -
  Criteria
A 20 North Water Street 3/7/2019 $3,191,996 0.0 B+B/Inn 4,352 0.13 14 12-
B 4 Step Lane 11/14/2019 $0 0.0 Antique 3,249 0.19 6 5-1
C 5-A Step Lane Unit 5A 6/16/2016 $0 0.0 Condominium 1,620 0 2 2-
D 5-B Step Lane Unit 5B 9/21/2016 $0 0.0 Condominium 1,458 0 3 3-
E 14 North Water Street 9/17/1991 $0 0.0 Antique 2,986 0.17 7 4-1
F 51 Center Street 11/15/1991 $720,000 0.0 Antique 3,556 0.26 5 4-
G 49 Center Street 11/30/2004 $115,000 0.0 B+B/Inn 4,146 0.1 10 11-
H 5 Ash Street 3/6/2017 $3,725,000 0.0 Antique 3,977 0.11 5 5-2
I 47 Center Street 11/12/2014 $2,700,000 0.0 Antique 2,360 0.07 3 3-1
J 15 North Water Street 7/9/2021 $0 0.0 Antique 3,768 0.13 6 6-
K 17 North Water Street $0 0.0 B+B/Inn 3,818 0.16 5 9-
L 13 North Water Street 8/8/2006 $0 0.0 Antique 2,475 0.11 4 4-
M 12 North Water Street 11/7/2014 $1,572,000 0.0 Antique 1,594 0.09 4 2-
N 51-B Center Street 10/15/2002 $985,000 0.0 Colonial 2,087 0.14 3 2-1
O 45 Center Street 8/7/1998 $0 0.0 Antique 3,179 0.1 5 4-
P 1 Ash Street 1/19/2022 $0 0.0 Antique 2,646 0.06 6 4-
Q 53 Center Street 10/15/2021 $4,950,000 0.0 Antique 4,269 0.15 5 2-1
R 11 North Water Street 12/13/2023 $7,515,000 0.0 B+B/Inn 6,909 0.17 17 16-
S 8 Ash Street 10/15/2021 $4,395,000 0.0 Antique 4,615 0.13 5 2-3
T 10 Ash Street 12/27/1995 $0 0.0 Antique 2,436 0.11 4 2-1
U 24 North Water Street 10/19/2020 $0 0.0 Antique 3,006 0.18 5 5-
V 7 Sea Street 2/8/2013 $0 0.0 B+B/Inn 4,588 0.12 10 10-
W 4 Ash Street 3/14/2018 $0 0.0 Antique 2,964 0.07 4 4-
X 64 Center Street $0 0.0 Antique 2,872 0.14 3 1-1
Y 8 Sea Street 7/9/2021 $0 0.0 Cottage 315 0.11 1 1-
Z 43 Center Street 5/24/2019 $0 0.1 Antique 3,059 0.09 8 4-1
- 55 Center Street 10/29/2003 $2,300,000 0.1 Antique 1,931 0.16 4 3-1
- 23 North Water Street $0 0.1 Antique 2,912 0.13 3 2-1
- 9 North Water Street 4/21/2017 $2,500,000 0.1 B+B/Inn 3,528 0.09 5 8-
- 2 Ash Street 2/12/2018 $1,350,000 0.1 Antique 1,492 0.05 3 2-1
- 60 Center Street 6/20/2013 $0 0.1 Antique 3,044 0.19 4 4-1
- 66 Center Street 7/30/2018 $3,550,000 0.1 B+B/Inn 5,630 0.15 6 10-
- 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
- 6 Ash Lane 6/22/1998 $776,000 0.1 Aptovrret/Off 2,198 0.1 3 3-
- 2 Ash Lane 12/29/2020 $1,975,000 0.1 Antique 2,112 0.05 4 3-
- 7 North Water Street 3/25/2016 $1,425,000 0.1 Antique 2,398 0.11 6 3-
- 25 North Water Street 4/7/2023 $3,945,000 0.1 Antique 2,447 0.12 3 2-1
- 3 Sea Street 6/27/2014 $720,000 0.1 Gar/Apt Res 390 0.15 2 1-
- 5 Sea Street 7/1/2014 $0 0.1 Colonial 1,200 0.03 2 2-
- 26 North Water Street 5/8/2018 $4,000,000 0.1 B+B/Inn 5,455 0.13 5 9-
- 57 Center Street 11/4/2004 $2,249,000 0.1 Antique 2,510 0.12 4 3-
- 58 Center Street 9/10/2020 $4,350,000 0.1 Custom Built 2,916 0.17 4 3-1
- 68 Center Street 5/2/1994 $620,000 0.1 Antique 3,073 0.15 5 4-1
- 19 North Water Street 2/6/2008 $0 0.1 Hotel 24,875 3.39 20 25-
- 28 North Water Street 10/1/2021 $2,515,000 0.1 Antique 2,462 0.1 4 3-
- 70 Center Street 3/28/2013 $0 0.1 Antique 2,194 0.09 3 3-1
- 5 North Water Street 3/18/2015 $0 0.1 Theaters Encl. 6,196 0.17 0 5-
- 27 Broad Street 7/8/2004 $8,000,001 0.1 B+B/Inn 5,850 0.2 5 9-
- 59 Center Street 3/31/2015 $105,000 0.1 Antique 2,506 0.17 5 3-1
- 56 Center Street 9/16/2011 $3,280,000 0.1 Office Bldg 6,749 0.23 -
- 62 Center Street $0 0.1 Churches 19,137 0.76 0 2-
- 23 Broad Street 6/30/2021 $7,888,000 0.1 Restaurant 8,232 0.23 11 5-
- 29 Broad Street 7/8/2004 $8,000,001 0.1 Hotel 18,233 0.46 31 31-
- 1 Sea Street $0 0.1 Other Municipa 1,088 0.11 0 4-
- 29 North Water Street 2/6/2008 $0 0.1 Hotel 4,488 0.37 6 -
- 72 Center Street 3/28/2013 $0 0.1 Antique 2,456 0.07 3 3-1
- 21 Broad Street 6/27/2013 $3,050,000 0.1 B+B/Inn 13,685 0.18 5 7-
- 4 North Water Street 6/22/2023 $5,650,000 0.1 Aptovrret/Off 2,410 0.18 1 2-
- 2 Church Court $0 0.1 Colonial 3,686 0.15 3 4-1
- 4 South Beach Street $0 0.1 Vacant Land 0.62 -
- 1 Academy Lane 3/6/2003 $2,287,500 0.1 Antique 4,116 0.13 5 4-1
- 3 Whalers Lane $0 0.1 Antique 2,649 0.13 10 4-
- 25 Broad Street 3/10/2016 $0 0.1 Aptovrret/Off 2,648 0.05 3 5-
- 61 Center Street 12/20/2021 $6,337,500 0.1 B+B/Inn 5,681 0.24 5 9-
- 35 Lily Street 11/5/2021 $0 0.1 Antique 3,485 0.38 5 4-1
- 76-A Center Street 3/16/2022 $1,235,000 0.1 Condominium 716 0 1 1-
- 3 Academy Lane 5/8/2015 $0 0.1 Antique 2,312 0.11 5 4-1
- 19 Broad Street 5/16/2022 $5,395,540 0.1 Antique 2,416 0.08 4 3-
- 84 Easton Street 5/30/2000 $0 0.1 Conventional 1,472 0.15 4 2-
- 6 South Beach Street 4/28/2021 $3,000,000 0.1 Aptovrret/Off 3,942 0.12 1 3-
- 4 Chester Street 12/7/2021 $0 0.1 Colonial 2,101 0.05 4 4-1
- 54 Center Street 9/30/2011 $2,450,000 0.1 Antique 2,668 0.08 3 3-1
- 5 Academy Lane 3/31/2021 $0 0.1 Antique 1,578 0.06 3 2-
- 6 Academy Lane 12/31/2012 $0 0.1 Antique 1,722 0.05 2 2-
- 82 Easton Street 12/28/2012 $2,075,000 0.1 Office Bldg 1,620 0.13 0 2-
- 17 Broad Street 6/27/2014 $2,925,000 0.1 Hotel 7,845 0.12 16 20-
- 52 Center Street 9/29/2021 $0 0.1 Antique 2,894 0.09 5 4-
- 80 Easton Street 12/15/2016 $1,825,000 0.1 Conventional 1,609 0.13 3 1-1
- 6 Chester Street 2/5/2018 $0 0.1 Antique 2,616 0.11 4 4-
- 8 Academy Lane 6/13/2000 $0 0.1 Antique 1,470 0.05 4 2-
- 78 Center Street 11/22/2019 $4,450,000 0.1 B+B/Inn 4,463 0.13 10 10-1
- 5 Gay Street 10/19/1987 $0 0.1 Antique 3,026 0.12 5 3-
- 4 Academy Lane 12/31/2012 $0 0.1 Antique 2,543 0.08 5 2-1
- 31 Lily Street 8/11/1999 $0 0.1 Antique 2,412 0.11 5 3-
- 8 Chester Street 1/18/2019 $2,550,000 0.1 B+B/Inn 3,058 0.07 5 8-
- 2 South Beach Street 6/28/2019 $4,150,000 0.1 Store 5,771 0.13 2 3-
- 50 Center Street 7/8/2004 $8,000,001 0.1 Vacant Land 0.09 -
- 37 Center Street 7/15/2004 $0 0.1 Office Bldg 2,012 0.03 0 2-
- 78 Easton Street 12/5/2022 $0 0.1 Colonial 1,704 0.13 3 2-1
- 9 Academy Lane 10/1/1998 $0 0.1 Colonial 833 0.12 3 3-1
- 89 Easton Street 7/31/2023 $5,000,000 0.1 Antique 4,750 0.13 10 8-
- 15 Broad Street $0 0.1 Museum 29,905 0.61 0 2-
- 22 Broad Street 12/22/1992 $472,000 0.1 Aptovrret/Off 2,806 0.06 5 3-
- 24 Broad Street $0 0.1 Restaurant 3,585 0.07 0 3-
- 20 Broad Street 12/11/1997 $740,000 0.1 Restaurant 2,292 0.06 0 3-
- 18 Broad Street 1/6/2000 $0 0.1 Store 1,993 0.06 0 2-
- 48 Center Street 1/4/2019 $2,150,000 0.1 Aptovrret/Off 3,316 0.07 7 5-1
- 7 Gay Street 11/6/1992 $0 0.1 Antique 1,136 0.07 3 1-1
- 35 Center Street 2/22/2010 $1,400,000 0.1 Store 1,792 0.04 0 1-
- 7 Academy Lane 6/2/2014 $5,992,500 0.1 Antique 4,014 0.48 6 6-
- 80 Center Street 5/27/2016 $0 0.1 Restaurant 2,764 0.1 2 3-
- 76 Easton Street 7/15/2014 $0 0.1 Colonial 2,208 0.13 2 2-
- 10 Academy Lane 8/13/2016 $2,500,000 0.1 Antique 2,328 0.11 4 2-
- 22 Federal Street 2/18/2014 $2,250,000 0.1 Restaurant 3,073 0.08 0 2-
- 5 South Beach Street 6/22/2005 $55,000,000 0.1 Store 912 0.15 0 2-
- 29 Lily Street 6/5/2015 $1,769,000 0.1 Antique 1,949 0.08 3 3-1
- 40 Lily Street 1/20/1989 $650,000 0.1 Antique 4,094 0.27 6 5-
- 9 South Beach Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 2,028 0.11 0 2-
- 4 Gay Street-Lot 19 1/29/1996 $0 0.1 Antique 4,280 0.12 5 7-
- 46 Center Street 10/22/2002 $2,100,000 0.1 Aptovrret/Off 3,702 0.09 3 2-
- 77 Easton Street 1/7/2012 $2,825,000 0.1 Hotel 37,937 1.27 36 43-
- 9 Gay Street 5/17/2023 $3,747,562 0.1 Antique 2,388 0.07 4 4-1
- 2 Cliff Road 4/13/2012 $3,265,000 0.1 Antique 2,977 0.12 5 5-1
- 73 Easton Street 9/12/2012 $0 0.1 Cottage 800 0.12 2 1-
- 33 Center Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,036 0.06 5 9-
- 1 Chester Street 2/5/2021 $2,275,000 0.1 Antique 3,467 0.12 6 4-1
- 4 Gay Street 10/23/2023 $4,450,000 0.1 Cape Cod 1,827 0.06 3 3-
- 11 South Beach Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.12 -
- 3 Quince Street 9/27/2017 $2,796,101 0.1 Antique 2,368 0.12 4 3-
- 11 Academy Lane 12/6/2021 $0 0.1 Antique 2,994 0.15 5 2-
- 82 Center Street 3/17/2021 $1,525,000 0.1 Antique 1,542 0.11 4 4-
- 32 Lily Street 6/17/1994 $548,000 0.1 Antique 2,486 0.14 4 4-
- 3 Cliff Road 3/26/2010 $805,000 0.1 Antique 4,203 0.12 5 4-1
- 75 Easton Street 9/12/2012 $0 0.1 Bungalow 800 0.18 2 1-
- 3 Chestnut Street 4/10/1987 $0 0.1 B+B/Inn 3,594 0.11 5 9-
- 5 Chester Street 1/4/2016 $1,600,000 0.1 Antique 2,088 0.1 4 2-1
- 12 Academy Lane 12/18/2020 $2,100,000 0.1 Antique 1,792 0.1 4 3-
- 11 Gay Street 1/25/2008 $0 0.1 Antique 1,742 0.12 5 2-
- 27 Lily Street 2/24/1988 $0 0.1 Antique 2,611 0.09 4 2-
- 1 Chestnut Street 10/2/1998 $1,100,000 0.1 Store 3,031 0.13 0 2-
- 2 Quince Street 10/7/2003 $990,000 0.1 Antique 1,258 0.04 2 2-
- 6 Gay Street 1/29/1993 $370,000 0.1 Antique 2,572 0.09 5 4-
- 5 Chestnut Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,587 0.04 8 8-
- 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
- 72 Easton Street 2/6/2008 $0 0.1 Hotel 10,332 0.5 14 14-
- 15 South Beach Street 6/22/2005 $55,000,000 0.1 Restaurant 1,364 0.13 0 2-
- 20 Federal Street 12/15/2006 $3,390,000 0.1 Aptovrret/Off 3,256 0.09 1 2-
- 71 Easton Street 9/12/2012 $0 0.1 Ranch 1,924 0.23 4 4-
Averages 4643 days $3,094,983 0.08 --- 3,881 0.17 --- ---  
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
4242 44 3 Step Lane