8 Folger Lane, Nantucket, MA 02554

8 Folger Lane Nantucket MA 02554
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Owner Information
Owner 1
Lab Trust
Owner 2
C/O Bruce Sanford
Owner's Address
4200 Massachusetts Av Nw #410 Washington, DC 20016
Market Sale Information
Most recent sale date
10/15/2009
Previous sale date
11/16/1993
Transfer document #
C0023370-
Previous transfer document
C0016-0020
Grantor
William A Hillerich
Previous grantor
Porter Stephen Tr C/O Porter D
Most recent sale price
$2,325,000.00
Previous sale price
$245,000.00
Site Information
Property ID
4244-33-5
Lot Size
0.14
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Colonial
Number of Rooms
Stories
2.5
Number of Beds
4
Year Built
1994
Number of full baths
5
Condition
Number of half baths
1
Finished Area
3821
Number of Kitchen
1
Gross Living Area
5269
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Mansard
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$2,226,200.00
Total value
$4,993,800.00
Building value
$2,767,600.00
Estimated tax
$15,630.00
Yard improvement value
$0.00
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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 8 Folger Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $608.48 Style Colonial Age 1994 Rooms Bedrooms 4 Full baths 5 Half baths 1 Gross Living Area 5269 Heating Fuel Hot Water Detached Garage Lot Size 0.14 Roof Cover Wood Shingle AEM Value - Building $2,767,600.00 AEM Value - Land $2,226,200.00 AEM Value - Other $0.00 AEM Value - Total $4,993,800.00
A) 20 West Chester Street 0.1 6/17/2024 $6,995,000 3,287 2 $2128.08 Custom Built 2016 4 4 2 5325 Forced Air-Duc 0.28 Asph/F Gls/Cmp $4,768,600 $1,559,950 $0 $6,328,550
B) 16 Walsh Street 0.4 8/21/2024 $287,500 4,133 2 $69.56 Colonial 1960 7 4 1 5889 Electr Basebrd 0.28 Asph/F Gls/Cmp $2,554,200 $2,264,700 $0 $4,818,900
C) 3 Sherburne Way 0.6 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
D) 25 Union Street 0.6 8/19/2024 $2,365,000 3,537 2 $668.65 Antique 1806 5 2 1 7266 Hot Water 0.14 Wood Shingle $2,507,500 $2,226,200 $0 $4,733,700
E) 16 Back Street 0.9 8/29/2024 $3,295,000 2,946 1.75 $1118.47 Antique 1900 4 3 3339 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,400,300 $821,400 $0 $2,221,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Folger Lane 10/15/2009 $2,325,000 0 Colonial 3,821 0.14 4 5-1 -
  Criteria
A 20 West Chester Street 6/17/2024 $6,995,000 0.1 Custom Built 3,287 0.28 4 4-2
B 16 Walsh Street 8/21/2024 $287,500 0.4 Colonial 4,133 0.28 7 4-1
C 3 Sherburne Way 5/30/2024 $8,000,000 0.6 Ranch 4,626 2.39 5 4-
D 25 Union Street 8/19/2024 $2,365,000 0.6 Antique 3,537 0.14 5 2-1
E 16 Back Street 8/29/2024 $3,295,000 0.9 Antique 2,946 0.12 4 3-
Averages 67 days $4,188,500 0.51 --- 3,706 0.64 --- ---  

Estimation of Market Value - $3,348,334

As of today, 09/28/2024, the estimated market value of 8 Folger Lane, Nantucket considering the above 5 comparable properties is $3,348,334.

 

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
@ 8 Folger Lane 10/15/2009 $2,325,000 0 Colonial 3,821 0.14 4 5-1 -
  Criteria
A 6 Kite Hill Lane 2/25/2022 $7,550,000 0.0 Colonial 4,498 0.29 5 4-1
B 6 Folger Lane 10/28/2016 $0 0.0 Colonial 3,182 0.15 4 4-1
C 7 Folger Lane 12/22/2020 $0 0.0 Colonial 5,572 0.17 5 7-
D 10 Folger Lane 4/17/2009 $0 0.0 Vacant Land 0.49 -
E 5 Folger Lane 9/19/2014 $4,000,000 0.0 Colonial 4,958 0.14 5 5-
F 21 West Chester Street 7/1/2022 $5,411,000 0.0 Antique 2,483 0.14 4 4-1
G 25 West Chester Street 7/11/2022 $0 0.0 Antique 2,036 0.25 4 2-
H 3 Folger Lane 9/1/2005 $2,950,000 0.0 Colonial 5,272 0.13 5 6-1
I 24 Cliff Road $0 0.0 Antique 3,479 1.04 5 5-1
J 2 Folger Lane 4/16/2015 $0 0.0 Bungalow 968 0.2 3 1-1
K 15 West Chester Street 6/4/1992 $0 0.0 Conventional 760 0.14 2 2-
L 24 Sunset Hill Lane 4/29/2013 $0 0.0 Antique 870 0.16 3 1-1
M 13 West Chester Street 10/12/2021 $0 0.1 Cape Cod 1,512 0.14 4 2-
N 18 Cliff Road 9/22/2020 $5,100,000 0.1 Custom Built 4,337 0.18 5 5-1
O 22 Cliff Road 9/14/2021 $1,975,000 0.1 Antique 1,610 0.07 4 2-1
P 3 Kite Hill Lane 6/13/2011 $0 0.1 Antique 2,316 0.12 3 4-
Q 5 Kite Hill Lane 4/11/2016 $3,590,000 0.1 Colonial 2,914 0.31 4 5-1
R 20 Cliff Road 5/9/2023 $5,100,000 0.1 Antique 3,583 0.15 5 4-1
S 19 Sunset Hill Lane $0 0.1 Antique 1,277 0.2 3 1-
T 16 Cliff Road 10/4/2018 $5,050,000 0.1 Antique 3,999 0.35 5 4-1
U 28 Cliff Road 10/22/2010 $0 0.1 Colonial 5,451 0.15 6 6-3
V 30 Cliff Road 3/16/2001 $0 0.1 Conventional 2,045 0.24 5 4-
W 20 West Chester Street 6/17/2024 $6,995,000 0.1 Custom Built 3,287 0.28 4 4-2
X 8 West Chester Street 9/10/2021 $0 0.1 Antique 2,594 0.17 5 4-
Y 1 Kite Hill Lane 9/5/2024 $2,925,000 0.1 Antique 893 0.05 2 2-1
Z 22 Sunset Hill Lane 5/27/1987 $400,000 0.1 Vacant Land 0.28 -
- 28 West Chester Street 3/20/2006 $3,000,000 0.1 Colonial 3,827 0.12 6 5-1
- 30 West Chester Street 9/13/2019 $0 0.1 Colonial 1,314 0.11 3 1-1
- 27 West Chester Street 10/16/2020 $4,375,000 0.1 Custom Built 3,614 0.13 2 6-1
- 9 West Chester Street 11/8/2017 $2,000,000 0.1 Antique 3,301 0.1 6 6-1
- 12 Sunset Hill Lane 4/7/1994 $0 0.1 Ranch 2,177 0.59 1 2-
- 12 Cliff Road 8/4/2015 $0 0.1 Antique 4,387 0.09 7 7-
- 36-R Cliff Road 10/9/2015 $4,992,000 0.1 Custom Built 5,752 0.18 5 6-2
- 6 West Chester Street 3/12/1997 $0 0.1 Cape Cod 1,040 0.34 2 1-1
- 34-R Cliff Road 11/7/2008 $2,075,000 0.1 Antique 1,674 0.09 4 3-
- 7 West Chester Street 5/25/2023 $1,600,000 0.1 Conventional 788 0.06 2 1-
- 24 West Chester Street 3/18/2005 $4,350,000 0.1 Cape Cod 3,529 1.12 3 3-
- 26 West Chester Street 8/7/2020 $0 0.1 Colonial 4,838 0.49 4 5-1
- 34 Cliff Road 10/2/2017 $2,200,000 0.1 Antique 2,276 0.09 4 4-1
- 17 Cliff Road 8/24/2022 $0 0.1 Antique 3,912 0.15 5 4-1
- 1 Wesco Place 11/21/2005 $1,650,000 0.1 Colonial 1,542 0.11 3 3-1
- 29 West Chester Street 2/22/2005 $1,690,000 0.1 Colonial 2,143 0.15 4 2-1
- 2 Kite Hill Lane 5/18/2020 $3,400,000 0.1 Antique 2,871 0.55 5 5-
- 27 Cliff Road 8/26/2019 $0 0.1 Antique 6,073 0.52 5 6-
- 36 Cliff Road 6/30/2022 $3,200,000 0.1 Antique 2,136 0.08 4 2-1
- 38-R Cliff Road 10/9/2015 $4,992,000 0.1 Outbuildings 0.13 -
- 32-B West Chester Street 9/30/2022 $0 0.1 Colonial 1,584 0.14 3 1-1
- 21 Cliff Road 3/2/2011 $0 0.1 Antique 5,531 0.42 5 5-2
- 2 Wesco Place 3/3/2000 $0 0.1 Bungalow 912 0.11 2 1-
- 38-40 Cliff Road 10/27/2015 $2,300,000 0.1 Antique 1,540 0.22 3 2-
- 84 Center Street 4/16/2021 $3,925,000 0.1 Custom Built 2,601 0.07 4 3-1
- 31 West Chester Street 8/29/2016 $0 0.1 Colonial 1,798 0.12 4 3-
- 29 Cliff Road 10/6/2022 $0 0.1 Antique 4,402 0.25 5 9-
- 13 Cliff Road 10/25/2019 $0 0.1 Antique 3,976 0.45 5 4-
- 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-
- 15 Cliff Road 4/23/2021 $8,100,000 0.1 Custom Built 4,134 0.46 5 6-1
- 42 Cliff Road 3/1/1990 $150,000 0.1 Bungalow 616 0.06 2 1-
- 1 West Chester Street 9/12/2016 $1,795,000 0.1 Antique 2,024 0.12 4 2-1
- 7 Gull Island Lane 6/1/2009 $0 0.1 Antique 3,920 1.9 5 5-
- 48 Cliff Road $0 0.1 Vacant Land 8.18 -
- 33 Cliff Road 9/16/2024 $13,950,000 0.1 Colonial 5,863 0.62 5 8-
- 33 West Chester Street 6/26/2024 $2,825,000 0.1 Bungalow 1,577 0.14 3 2-
- 44 Cliff Road 1/20/2017 $2,150,000 0.1 Antique 3,827 0.17 4 4-2
- 35-A Cliff Road 7/16/2004 $9,750,000 0.1 Vacant Land 0.12 -
- 67 Center Street 6/23/2017 $0 0.1 Antique 1,053 0.09 2 2-
- 11 Cliff Road 9/13/2017 $8,000,000 0.1 Antique 6,899 0.63 8 9-
- 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-
- 23 Cliff Road 8/25/2003 $0 0.1 Antique 3,715 1.26 6 7-1
- 65 Center Street 5/11/2021 $6,250,000 0.1 Colonial 3,339 0.11 5 4-3
- 6 Gull Island Lane 10/15/2019 $1,620,000 0.1 Antique 2,732 0.11 4 6-2
- 0 North Avenue 12/30/1999 $0 0.1 Vacant Land 0.42 -
- 0 North Avenue $0 0.1 Vacant Land 0.12 -
- 8 Gull Island Lane 10/14/2022 $4,125,000 0.1 Antique 2,487 0.11 3 4-
- 36-B Lily Street 2/14/2017 $2,900,000 0.1 Resid Barn 600 0.12 1 1-
Averages 3697 days $2,125,485 0.08 --- 2,544 0.35 --- ---  
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 5 8 Folger Lane