7 Folger Lane, Nantucket, MA 02554

7 Folger Lane Nantucket MA 02554
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Owner Information
Owner 1
Michelle Lavin Wolfram
Owner 2
Wolfram Family Trust
Owner's Address
74 Club Drive Riverside, CT 06878
Market Sale Information
Most recent sale date
12/22/2020
Previous sale date
09/21/2020
Transfer document #
C28079-
Previous transfer document
C27866-0
Grantor
Tyler J Wolfram
Previous grantor
Tyler J Wolfram
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
4244-33-3
Lot Size
0.17
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
5
Year Built
2000
Number of full baths
7
Condition
Number of half baths
Finished Area
5572
Number of Kitchen
1
Gross Living Area
8760
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
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$2,386,400.00
Total value
$7,763,800.00
Building value
$5,377,400.00
Estimated tax
$24,300.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 7 Folger Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 2000 Rooms Bedrooms 5 Full baths 7 Half baths Gross Living Area 8760 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.17 Roof Cover Wood Shingle AEM Value - Building $5,377,400.00 AEM Value - Land $2,386,400.00 AEM Value - Other $0.00 AEM Value - Total $7,763,800.00
A) 72 Main Street 0.5 9/16/2024 $24,800,000 6,804 2 $3644.91 Antique 1822 6 6 2 9544 Forced Air-Duc 0.26 Asph/F Gls/Cmp $7,557,900 $2,259,200 $0 $9,817,100
B) 3 Sherburne Way 0.5 5/30/2024 $8,000,000 4,626 1 $1729.36 Ranch 1960 5 4 6685 Hot Water 2.39 Wood Shingle $2,964,300 $22,912,800 $0 $25,877,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Folger Lane 12/22/2020 $0 0 Colonial 5,572 0.17 5 7- -
  Criteria
A 72 Main Street 9/16/2024 $24,800,000 0.5 Antique 6,804 0.26 6 6-2
B 3 Sherburne Way 5/30/2024 $8,000,000 0.5 Ranch 4,626 2.39 5 4-
Averages 67 days $16,400,000 0.50 --- 5,715 1.33 --- ---  

Estimation of Market Value - $11,561,964

As of today, 09/28/2024, the estimated market value of 7 Folger Lane, Nantucket considering the above 2 comparable properties is $11,561,964.

 

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
Mailing Labels
  • 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
@ 7 Folger Lane 12/22/2020 $0 0 Colonial 5,572 0.17 5 7- -
  Criteria
A 24 Cliff Road $0 0.0 Antique 3,479 1.04 5 5-1
B 5 Folger Lane 9/19/2014 $4,000,000 0.0 Colonial 4,958 0.14 5 5-
C 8 Folger Lane 10/15/2009 $2,325,000 0.0 Colonial 3,821 0.14 4 5-1
D 10 Folger Lane 4/17/2009 $0 0.0 Vacant Land 0.49 -
E 6 Folger Lane 10/28/2016 $0 0.0 Colonial 3,182 0.15 4 4-1
F 3 Folger Lane 9/1/2005 $2,950,000 0.0 Colonial 5,272 0.13 5 6-1
G 6 Kite Hill Lane 2/25/2022 $7,550,000 0.0 Colonial 4,498 0.29 5 4-1
H 22 Cliff Road 9/14/2021 $1,975,000 0.0 Antique 1,610 0.07 4 2-1
I 30 Cliff Road 3/16/2001 $0 0.0 Conventional 2,045 0.24 5 4-
J 2 Folger Lane 4/16/2015 $0 0.0 Bungalow 968 0.2 3 1-1
K 28 Cliff Road 10/22/2010 $0 0.0 Colonial 5,451 0.15 6 6-3
L 20 Cliff Road 5/9/2023 $5,100,000 0.0 Antique 3,583 0.15 5 4-1
M 18 Cliff Road 9/22/2020 $5,100,000 0.0 Custom Built 4,337 0.18 5 5-1
N 21 West Chester Street 7/1/2022 $5,411,000 0.0 Antique 2,483 0.14 4 4-1
O 25 West Chester Street 7/11/2022 $0 0.1 Antique 2,036 0.25 4 2-
P 36-R Cliff Road 10/9/2015 $4,992,000 0.1 Custom Built 5,752 0.18 5 6-2
Q 24 Sunset Hill Lane 4/29/2013 $0 0.1 Antique 870 0.16 3 1-1
R 34-R Cliff Road 11/7/2008 $2,075,000 0.1 Antique 1,674 0.09 4 3-
S 15 West Chester Street 6/4/1992 $0 0.1 Conventional 760 0.14 2 2-
T 34 Cliff Road 10/2/2017 $2,200,000 0.1 Antique 2,276 0.09 4 4-1
U 3 Kite Hill Lane 6/13/2011 $0 0.1 Antique 2,316 0.12 3 4-
V 16 Cliff Road 10/4/2018 $5,050,000 0.1 Antique 3,999 0.35 5 4-1
W 5 Kite Hill Lane 4/11/2016 $3,590,000 0.1 Colonial 2,914 0.31 4 5-1
X 36 Cliff Road 6/30/2022 $3,200,000 0.1 Antique 2,136 0.08 4 2-1
Y 38-R Cliff Road 10/9/2015 $4,992,000 0.1 Outbuildings 0.13 -
Z 13 West Chester Street 10/12/2021 $0 0.1 Cape Cod 1,512 0.14 4 2-
- 19 Sunset Hill Lane $0 0.1 Antique 1,277 0.2 3 1-
- 22 Sunset Hill Lane 5/27/1987 $400,000 0.1 Vacant Land 0.28 -
- 1 Kite Hill Lane 9/5/2024 $2,925,000 0.1 Antique 893 0.05 2 2-1
- 38-40 Cliff Road 10/27/2015 $2,300,000 0.1 Antique 1,540 0.22 3 2-
- 27 Cliff Road 8/26/2019 $0 0.1 Antique 6,073 0.52 5 6-
- 12 Sunset Hill Lane 4/7/1994 $0 0.1 Ranch 2,177 0.59 1 2-
- 17 Cliff Road 8/24/2022 $0 0.1 Antique 3,912 0.15 5 4-1
- 29 Cliff Road 10/6/2022 $0 0.1 Antique 4,402 0.25 5 9-
- 27 West Chester Street 10/16/2020 $4,375,000 0.1 Custom Built 3,614 0.13 2 6-1
- 42 Cliff Road 3/1/1990 $150,000 0.1 Bungalow 616 0.06 2 1-
- 12 Cliff Road 8/4/2015 $0 0.1 Antique 4,387 0.09 7 7-
- 28 West Chester Street 3/20/2006 $3,000,000 0.1 Colonial 3,827 0.12 6 5-1
- 8 West Chester Street 9/10/2021 $0 0.1 Antique 2,594 0.17 5 4-
- 20 West Chester Street 6/17/2024 $6,995,000 0.1 Custom Built 3,287 0.28 4 4-2
- 30 West Chester Street 9/13/2019 $0 0.1 Colonial 1,314 0.11 3 1-1
- 21 Cliff Road 3/2/2011 $0 0.1 Antique 5,531 0.42 5 5-2
- 9 West Chester Street 11/8/2017 $2,000,000 0.1 Antique 3,301 0.1 6 6-1
- 44 Cliff Road 1/20/2017 $2,150,000 0.1 Antique 3,827 0.17 4 4-2
- 33 Cliff Road 9/16/2024 $13,950,000 0.1 Colonial 5,863 0.62 5 8-
- 35-A Cliff Road 7/16/2004 $9,750,000 0.1 Vacant Land 0.12 -
- 48 Cliff Road $0 0.1 Vacant Land 8.18 -
- 29 West Chester Street 2/22/2005 $1,690,000 0.1 Colonial 2,143 0.15 4 2-1
- 7 West Chester Street 5/25/2023 $1,600,000 0.1 Conventional 788 0.06 2 1-
- 2 Kite Hill Lane 5/18/2020 $3,400,000 0.1 Antique 2,871 0.55 5 5-
- 6 West Chester Street 3/12/1997 $0 0.1 Cape Cod 1,040 0.34 2 1-1
- 26 West Chester Street 8/7/2020 $0 0.1 Colonial 4,838 0.49 4 5-1
- 24 West Chester Street 3/18/2005 $4,350,000 0.1 Cape Cod 3,529 1.12 3 3-
- 1 Wesco Place 11/21/2005 $1,650,000 0.1 Colonial 1,542 0.11 3 3-1
- 13 Cliff Road 10/25/2019 $0 0.1 Antique 3,976 0.45 5 4-
- 32-B West Chester Street 9/30/2022 $0 0.1 Colonial 1,584 0.14 3 1-1
- 15 Cliff Road 4/23/2021 $8,100,000 0.1 Custom Built 4,134 0.46 5 6-1
- 46 Cliff Road 12/20/2021 $0 0.1 Antique 4,901 0.19 5 5-
- 31 West Chester Street 8/29/2016 $0 0.1 Colonial 1,798 0.12 4 3-
- 84 Center Street 4/16/2021 $3,925,000 0.1 Custom Built 2,601 0.07 4 3-1
- 35 Cliff Road 7/16/2004 $9,750,000 0.1 Custom Built 6,128 0.54 5 5-1
- 23 Cliff Road 8/25/2003 $0 0.1 Antique 3,715 1.26 6 7-1
- 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-
- 2 Wesco Place 3/3/2000 $0 0.1 Bungalow 912 0.11 2 1-
- 39 Cliff Road 4/4/2023 $8,500,000 0.1 Custom Built 4,639 0.19 4 3-2
- 0 North Avenue 12/30/1999 $0 0.1 Vacant Land 0.42 -
- 33 West Chester Street 6/26/2024 $2,825,000 0.1 Bungalow 1,577 0.14 3 2-
- 37 Cliff Road 12/23/2004 $2,700,000 0.1 Cape Cod 2,684 0.17 5 3-
- 1 West Chester Street 9/12/2016 $1,795,000 0.1 Antique 2,024 0.12 4 2-1
- 4 Piccadilly Road 10/20/2015 $2,600,000 0.1 Colonial 2,923 0.16 4 3-1
- 0 North Avenue $0 0.1 Vacant Land 0.12 -
- 11 Cliff Road 9/13/2017 $8,000,000 0.1 Antique 6,899 0.63 8 9-
Averages 3819 days $2,406,712 0.08 --- 2,788 0.36 --- ---  
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
4244 33 3 7 Folger Lane