1 Sheep Commons Lane, Nantucket, MA 02554

1 Sheep Commons Lane Nantucket MA 02554
Owner Information
Owner 1
Steven Phillip
Owner 2
Carrie Phillip
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
3/17/2023
Previous sale date
5/2/2002
Transfer document #
D176653-0
Previous transfer document
C0020287-
Grantor
Phillip J Raneri
Previous grantor
Phillip J Raneri
Most recent sale price
$2,470,000.00
Previous sale price
$0.00
Site Information
Property ID
54-280
Lot Size
0.62
Use Code
101 - Residential, single family
Zoning
LUG3
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1996
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1976
Number of Kitchen
1
Gross Living Area
3260
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,010,300.00
Total value
$1,921,500.00
Building value
$911,200.00
Estimated tax
$6,014.00
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 1 Sheep Commons Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,250.00 Style Colonial Age 1996 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 3260 Heating Fuel Hot Water Detached Garage Lot Size 0.62 Roof Cover Asph/F Gls/Cmp AEM Value - Building $911,200.00 AEM Value - Land $1,010,300.00 AEM Value - Other $0.00 AEM Value - Total $1,921,500.00
A) 109 Old South Road 0.7 7/3/2024 $750,000 1,640 1 $457.32 Ranch 1960 3 2 3460 Hot Water 0.66 Asph/F Gls/Cmp $672,100 $661,100 $0 $1,333,200
B) 81 Polpis Road 0.9 8/15/2024 $7,150,000 1,525 2 $4688.52 Colonial 1985 3 1 1 2532 Electr Basebrd 1.18 Asph/F Gls/Cmp $2,382,500 $1,641,100 $0 $4,023,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Sheep Commons Lane 3/17/2023 $2,470,000 0 Colonial 1,976 0.62 3 2-1 -
  Criteria
A 109 Old South Road 7/3/2024 $750,000 0.7 Ranch 1,640 0.66 3 2-
B 81 Polpis Road 8/15/2024 $7,150,000 0.9 Colonial 1,525 1.18 3 1-1
Averages 57 days $3,950,000 0.76 --- 1,583 0.92 --- ---  

Estimation of Market Value - $3,882,975

As of today, 09/19/2024, the estimated market value of 1 Sheep Commons Lane, Nantucket considering the above 2 comparable properties is $3,882,975.

 

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
@ 1 Sheep Commons Lane 3/17/2023 $2,470,000 0 Colonial 1,976 0.62 3 2-1 -
  Criteria
A 3 Sheep Commons Lane 7/15/2015 $1,225,000 0.0 Colonial 1,040 0.62 3 2-
B 5 Sheep Commons Lane 8/20/2021 $605,400 0.0 Vacant Land 0.62 -
C 2 Sheep Commons Lane 12/1/2017 $675,000 0.0 Colonial 3,623 0.62 3 5-1
D 66 Milestone Road 6/26/1992 $0 0.1 Vacant Land 6.26 -
E 4 Sheep Commons Lane 10/29/2021 $3,050,000 0.1 Colonial 3,395 0.62 4 4-1
F 7 Sheep Commons Lane 12/16/1994 $132,000 0.1 Colonial 3,154 0.62 4 3-
G 6 Sheep Commons Lane 9/17/2021 $2,995,000 0.1 Colonial 2,938 0.62 3 2-1
H 60 Milestone Road 6/26/1992 $0 0.1 Vacant Land 1.41 -
I 8 Sheep Commons Lane 4/9/2021 $0 0.1 Cape Cod 2,153 0.63 4 3-
J 9 Sheep Commons Lane 6/10/2011 $0 0.1 Cape Cod 4,785 0.65 4 3-2
K 54 Milestone Road 12/10/2009 $1,000,000 0.1 Colonial 2,336 2.78 3 3-
L 10 Sheep Commons Lane 10/17/2022 $7,500,000 0.1 Cape Cod 3,143 0.81 3 4-1
M 11 Sheep Commons Lane 7/12/2022 $0 0.1 Cape Cod 1,990 0.54 3 3-1
N 65 Milestone Road 10/25/2021 $0 0.1 Cape Cod 999 1.95 1 2-
O 2 Milestone Crossing 10/3/2002 $1,268,000 0.1 Colonial 3,870 2.76 4 3-1
Averages 4376 days $1,230,027 0.08 --- 2,228 1.43 --- ---  
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
54 280 1 Sheep Commons Lane