7 Gull Island Lane, Nantucket, MA 02554

7 Gull Island Lane Nantucket MA 02554
Owner Information
Owner 1
Elizabeth M Lencyk
Owner 2
Owner's Address
46 Broad Brook Ln Stamford, CT 06907
Market Sale Information
Most recent sale date
6/1/2009
Previous sale date
06/30/1997
Transfer document #
C0023249-
Previous transfer document
C0017-0941
Grantor
Jane M Murkland
Previous grantor
Jane M Murkland
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
4243-60
Lot Size
1.9
Use Code
109 - Multiple Houses on one parcel
Zoning
ROH
Building Style
Antique
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1800
Number of full baths
5
Condition
Number of half baths
Finished Area
3920
Number of Kitchen
1
Gross Living Area
5972
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
Electric
Roof Cover
Asbestos Shing
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$3,749,600.00
Total value
$6,857,800.00
Building value
$3,108,200.00
Estimated tax
$22,493.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
38 Pleasant Street7 Gull Island Lane$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 7 Gull Island Lane A) 38 Pleasant Street
Photo
Plan
Map
Proximity 0.6
Last Sold 10/2/2024
Price $4,970,000
Net Living Area 3,147
Stories 1.75
Sale Price/sft $0.00$1579.28
Style AntiqueConventional
Age 18001900
Rooms
Bedrooms 55
Full baths 54
Half baths 1
Gross Living Area 59724263
Heating Fuel Electr BasebrdHot Water
Detached Garage
Lot Size 1.90.17
Roof Cover Asbestos ShingAsph/F Gls/Cmp
AEM Value - Building $3,108,200.00$2,760,900
AEM Value - Land $3,749,600.00$1,543,800
AEM Value - Other $0.00$0
AEM Value - Total $6,857,800.00$4,304,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Gull Island Lane 6/1/2009 $0 0 Antique 3,920 1.9 5 5- -
  Criteria
A 38 Pleasant Street 10/2/2024 $4,970,000 0.6 Conventional 3,147 0.17 5 4-1
Averages 180 days $4,970,000 0.63 --- 3,147 0.17 --- ---  

Estimation of Market Value - $7,054,236

As of today, 03/30/2025, the estimated market value of 7 Gull Island Lane, Nantucket considering the above 1 comparable properties is $7,054,236.

 

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
Subject Property7 West Chester Street5 Academy Lane25 Lily Street1 West Chester Street9 Academy Lane5 Chester Street72 Center Street13 Academy Lane31 Lily Street3 Academy Lane27 Lily Street29 Lily Street11 Academy Lane28 North Water Street70 Center Street68 Center Street9 West Chester Street15 Lily Street1 Chester Street84 Center Street23 Lily Street2 Cliff Road2 Church Court65 Center Street35 Lily Street7 Gull Island Lane7 Academy Lane$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000$9,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Gull Island Lane 6/1/2009 $0 0 Antique 3,920 1.9 5 5- -
  Criteria
A 36 Lily Street 2/10/2021 $2,250,000 0.0 Vacant Land 0.42 -
B 36-B Lily Street 2/14/2017 $2,900,000 0.0 Resid Barn 600 0.12 1 1-
C 6 West Chester Street 3/12/1997 $0 0.0 Cape Cod 1,040 0.34 2 1-1
D 8 Gull Island Lane 10/14/2022 $4,125,000 0.0 Antique 2,487 0.11 3 4-
E 28 Lily Street 10/10/2018 $3,895,000 0.0 Antique 3,896 0.51 5 4-2
F 6 Gull Island Lane 10/15/2019 $1,620,000 0.0 Antique 2,732 0.11 4 6-2
G 8 West Chester Street 9/10/2021 $0 0.0 Antique 2,594 0.17 5 4-
H 32 Lily Street 6/17/1994 $548,000 0.0 Antique 2,486 0.14 4 4-
I 20 West Chester Street 6/17/2024 $6,995,000 0.0 Custom Built 3,287 0.28 4 4-2
J 40 Lily Street 1/20/1989 $650,000 0.0 Antique 4,094 0.27 6 5-
K 82 Center Street 3/17/2021 $1,525,000 0.1 Antique 1,542 0.11 4 4-
L 9 West Chester Street 11/8/2017 $2,000,000 0.1 Antique 3,301 0.1 6 6-1
M 7 West Chester Street 5/25/2023 $1,600,000 0.1 Conventional 788 0.06 2 1-
N 24 West Chester Street 3/18/2005 $4,350,000 0.1 Cape Cod 3,529 1.12 3 3-
O 80 Center Street 5/27/2016 $0 0.1 Restaurant 2,764 0.1 2 3-
P 1 West Chester Street 9/12/2016 $1,795,000 0.1 Antique 2,024 0.12 4 2-1
Q 13 West Chester Street 10/12/2021 $0 0.1 Cape Cod 1,512 0.14 4 2-
R 29 Lily Street 6/5/2015 $1,769,000 0.1 Antique 1,949 0.08 3 3-1
S 22 Lily Street 12/21/2017 $1,850,000 0.1 Antique 2,769 0.91 5 4-
T 27 Lily Street 2/24/1988 $0 0.1 Antique 2,611 0.09 4 2-
U 78 Center Street 11/22/2019 $4,450,000 0.1 B+B/Inn 4,463 0.13 10 10-1
V 84 Center Street 4/16/2021 $3,925,000 0.1 Custom Built 2,601 0.07 4 3-1
W 31 Lily Street 8/11/1999 $0 0.1 Antique 2,412 0.11 5 3-
X 15 West Chester Street 6/4/1992 $0 0.1 Conventional 760 0.14 2 2-
Y 25 Lily Street 11/12/2008 $0 0.1 Antique 1,563 0.07 4 2-1
Z 5 Chester Street 1/4/2016 $1,600,000 0.1 Antique 2,088 0.1 4 2-1
- 65 Center Street 5/11/2021 $6,250,000 0.1 Colonial 3,339 0.11 5 4-3
- 35 Lily Street 11/5/2021 $0 0.1 Antique 3,485 0.38 5 4-1
- 8 Chester Street 1/18/2019 $2,550,000 0.1 B+B/Inn 3,058 0.07 5 8-
- 23 Lily Street 6/2/2004 $0 0.1 Antique 4,891 0.22 4 3-1
- 67 Center Street 6/23/2017 $0 0.1 Antique 1,053 0.09 2 2-
- 2 Kite Hill Lane 5/18/2020 $3,400,000 0.1 Antique 2,871 0.55 5 5-
- 76-A Center Street 3/16/2022 $1,235,000 0.1 Condominium 716 0 1 1-
- 5 Kite Hill Lane 4/11/2016 $3,590,000 0.1 Colonial 2,914 0.31 4 5-1
- 21 West Chester Street 7/1/2022 $5,411,000 0.1 Antique 2,483 0.14 4 4-1
- 26 West Chester Street 8/7/2020 $0 0.1 Colonial 4,838 0.49 4 5-1
- 72 Center Street 3/28/2013 $0 0.1 Antique 2,456 0.07 3 3-1
- 3 Kite Hill Lane 6/13/2011 $0 0.1 Antique 2,316 0.12 3 4-
- 1 Chester Street 2/5/2021 $2,275,000 0.1 Antique 3,467 0.12 6 4-1
- 6 Chester Street 2/5/2018 $0 0.1 Antique 2,616 0.11 4 4-
- 21 Lily Street 11/10/2021 $2,575,000 0.1 Antique 2,128 0.08 4 3-
- 10-B Cliff Road 1/3/2020 $5,300,000 0.1 B+B/Inn 4,744 0.09 5 18-1
- 10-A Cliff Road 10/1/2020 $1,000,000 0.1 Colonial 1,132 0.03 3 3-
- 8 Cliff Road 6/1/2021 $1,115,000 0.1 Condominium 837 0 2 2-
- 8-C Cliff Road 6/27/2013 $620,000 0.1 Condominium 958 0 2 2-
- 8-D Cliff Road 11/22/2021 $1,550,000 0.1 Condominium 890 0 2 2-
- 8-E Cliff Road 7/30/1996 $300,000 0.1 Condominium 989 0 1 2-
- 8-F Cliff Road 2/24/2006 $750,000 0.1 Condominium 622 0 1 1-
- 8-A Cliff Road 4/3/2017 $993,800 0.1 Condominium 1,112 0 2 3-
- 1 Kite Hill Lane 9/5/2024 $2,925,000 0.1 Antique 893 0.05 2 2-1
- 7 Academy Lane 6/2/2014 $5,992,500 0.1 Antique 4,014 0.48 6 6-
- 70 Center Street 3/28/2013 $0 0.1 Antique 2,194 0.09 3 3-1
- 13 Academy Lane 11/21/2022 $2,500,000 0.1 Cape Cod 1,775 0.12 2 2-
- 12 Cliff Road 8/4/2015 $0 0.1 Antique 4,387 0.09 7 7-
- 6 Cliff Road 1/9/2009 $0 0.1 Antique 2,511 0.1 3 3-1
- 15 Academy Lane 12/28/1999 $0 0.1 Colonial 1,769 0.07 3 2-1
- 6 Kite Hill Lane 2/25/2022 $7,550,000 0.1 Colonial 4,498 0.29 5 4-1
- 61 Center Street 12/20/2021 $6,337,500 0.1 B+B/Inn 5,681 0.24 5 9-
- 18 Lily Street 12/1/2023 $4,050,000 0.1 Colonial 3,370 0.18 5 5-1
- 1 Wesco Place 11/21/2005 $1,650,000 0.1 Colonial 1,542 0.11 3 3-1
- 62 Center Street $0 0.1 Churches 19,137 0.76 0 2-
- 28 West Chester Street 3/20/2006 $3,000,000 0.1 Colonial 3,827 0.12 6 5-1
- 2 Wesco Place 3/3/2000 $0 0.1 Bungalow 912 0.11 2 1-
- 11 Academy Lane 12/6/2021 $0 0.1 Antique 2,994 0.15 5 2-
- 68 Center Street 5/2/1994 $620,000 0.1 Antique 3,073 0.15 5 4-1
- 2 Cliff Road 4/13/2012 $3,265,000 0.1 Antique 2,977 0.12 5 5-1
- 2 Folger Lane 4/16/2015 $0 0.1 Bungalow 968 0.2 3 1-1
- 17 Academy Lane 8/2/2021 $2,250,000 0.1 Antique 1,318 0.05 3 3-
- 16 Cliff Road 10/4/2018 $5,050,000 0.1 Antique 3,999 0.35 5 4-1
- 30 West Chester Street 9/13/2019 $0 0.1 Colonial 1,314 0.11 3 1-1
- 59 Center Street 3/31/2015 $105,000 0.1 Antique 2,506 0.17 5 3-1
- 66 Center Street 7/30/2018 $3,550,000 0.1 B+B/Inn 5,630 0.15 6 10-
- 6 Folger Lane 10/28/2016 $0 0.1 Colonial 3,182 0.15 4 4-1
- 8 Wesco Place 1/2/1986 $0 0.1 Vacant Land 5.56 -
- 19 Lily Street 5/3/2004 $0 0.1 Antique 3,337 0.21 4 4-1
- 25 West Chester Street 7/11/2022 $0 0.1 Antique 2,036 0.25 4 2-
- 9 Academy Lane 10/1/1998 $0 0.1 Colonial 833 0.12 3 3-1
- 16 Lily Street 9/18/2012 $0 0.1 Antique 2,622 0.21 4 3-1
- 4 Chester Street 12/7/2021 $0 0.1 Colonial 2,101 0.05 4 4-1
- 6 Wesco Place 9/14/2000 $1,165,000 0.1 Colonial 2,304 0.39 4 2-1
- 8 Folger Lane 10/15/2009 $2,325,000 0.1 Colonial 3,821 0.14 4 5-1
- 57 Center Street 11/4/2004 $2,249,000 0.1 Antique 2,510 0.12 4 3-
- 12 Westminster Street 6/12/2008 $0 0.1 Antique 2,905 0.12 5 3-
- 2 Church Court $0 0.1 Colonial 3,686 0.15 3 4-1
- 5 Cliff Road 5/29/2003 $0 0.1 Antique 1,975 0.07 4 3-
- 9 Cliff Road 9/9/2019 $3,900,000 0.1 B+B/Inn 5,278 0.17 5 9-
- 24 Sunset Hill Lane 4/29/2013 $0 0.1 Antique 870 0.16 3 1-1
- 5 Academy Lane 3/31/2021 $0 0.1 Antique 1,578 0.06 3 2-
- 7 Cliff Road 1/30/1997 $525,000 0.1 Colonial 4,309 0.16 4 3-
- 64 Center Street $0 0.1 Antique 2,872 0.14 3 1-1
- 12 Academy Lane 12/18/2020 $2,100,000 0.1 Antique 1,792 0.1 4 3-
- 11 Cliff Road 9/13/2017 $8,000,000 0.1 Antique 6,899 0.63 8 9-
- 13 Cliff Road 10/25/2019 $0 0.1 Antique 3,976 0.45 5 4-
- 55 Center Street 10/29/2003 $2,300,000 0.1 Antique 1,931 0.16 4 3-1
- 14 Lily Street 9/18/2012 $0 0.1 Antique 1,916 0.08 5 3-
- 3 Cliff Road 3/26/2010 $805,000 0.1 Antique 4,203 0.12 5 4-1
- 17 Lily Street 1/15/2025 $4,475,000 0.1 Colonial 2,532 0.12 4 3-1
- 18 Cliff Road 9/22/2020 $5,100,000 0.1 Custom Built 4,337 0.18 5 5-1
- 19 Sunset Hill Lane $0 0.1 Antique 1,277 0.2 3 1-
- 3 Academy Lane 5/8/2015 $0 0.1 Antique 2,312 0.11 5 4-1
- 3 Folger Lane 9/1/2005 $2,950,000 0.1 Colonial 5,272 0.13 5 6-1
- 28 North Water Street 10/1/2021 $2,515,000 0.1 Antique 2,462 0.1 4 3-
- 8 Westminster Street 5/31/2011 $0 0.1 Antique 2,669 0.12 4 2-1
- 4 North Avenue 12/17/2012 $0 0.1 Conventional 1,418 0.06 3 2-
- 17 Cliff Road 8/24/2022 $0 0.1 Antique 3,912 0.15 5 4-1
- 10 Academy Lane 8/13/2016 $2,500,000 0.1 Antique 2,328 0.11 4 2-
- 5 Folger Lane 9/19/2014 $4,000,000 0.1 Colonial 4,958 0.14 5 5-
- 53 Center Street 10/15/2021 $4,950,000 0.1 Antique 4,269 0.15 5 2-1
- 89 Easton Street 7/31/2023 $5,000,000 0.1 Antique 4,750 0.13 10 8-
- 32-B West Chester Street 9/30/2022 $0 0.1 Colonial 1,584 0.14 3 1-1
- 10 Folger Lane 4/17/2009 $0 0.1 Vacant Land 0.49 -
- 15 Lily Street 10/19/2022 $4,895,000 0.1 Cape Cod 3,025 0.12 3 5-1
- 8 Academy Lane 6/13/2000 $0 0.1 Antique 1,470 0.05 4 2-
Averages 4093 days $1,728,857 0.09 --- 2,749 0.23 --- ---  
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
4243 60 7 Gull Island Lane