31 Vesper Lane, Nantucket, MA 02554

31 Vesper Lane Nantucket MA 02554
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Owner Information
Owner 1
Lynn M Medeiros
Owner 2
Owner's Address
31 Vesper Lane Nantucket, MA 02554
Market Sale Information
Most recent sale date
5/17/1999
Previous sale date
Transfer document #
00622-0140
Previous transfer document
00110-0505
Grantor
Hilda Foley
Previous grantor
Most recent sale price
$65,000.00
Previous sale price
$0.00
Site Information
Property ID
55-127
Lot Size
0.33
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
2
Year Built
1961
Number of full baths
1
Condition
Number of half baths
Finished Area
2394
Number of Kitchen
1
Gross Living Area
3476
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
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
$455,700.00
Total value
$1,160,100.00
Building value
$704,400.00
Estimated tax
$3,631.00
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 31 Vesper Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $27.15 Style Ranch Age 1961 Rooms Bedrooms 2 Full baths 1 Half baths Gross Living Area 3476 Heating Fuel Hot Water Detached Garage Lot Size 0.33 Roof Cover Asph/F Gls/Cmp AEM Value - Building $704,400.00 AEM Value - Land $455,700.00 AEM Value - Other $0.00 AEM Value - Total $1,160,100.00
A) 16 Polliwog Pond Road 0.1 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
B) 7 Yompasham Lane 0.3 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
C) 108 Main Street 0.4 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
D) 1 Farmer Street 0.4 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
E) 45 Fair Street 0.5 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
F) 8 Essex Road 0.6 5/15/2024 $1,900,000 1,872 2 $1014.96 Colonial 2011 3 3 2808 Hot Water 0.31 Asph/F Gls/Cmp $815,600 $398,700 $0 $1,214,300
G) 8 Luff Road 0.6 5/9/2024 $1,900,000 1,894 1 $1003.17 Ranch 1994 3 2 6100 Hot Water 0.36 Asph/F Gls/Cmp $859,400 $703,200 $0 $1,562,600
H) 20 New Lane 0.7 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
I) 10 Aurora Way 0.8 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
J) 45 West Chester Street 0.8 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
K) 8 Austin Farm Drive 0.9 3/1/2024 $8,500,000 2,798 2 $3037.88 Colonial 1994 3 2 1 4432 Forced Air-Duc 0.92 Wood Shingle $1,701,900 $1,217,000 $0 $2,918,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 31 Vesper Lane 5/17/1999 $65,000 0 Ranch 2,394 0.33 2 1- -
  Criteria
A 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.1 Cape Cod 1,830 0.24 5 2-
B 7 Yompasham Lane 2/14/2024 $2,262,500 0.3 Conventional 1,878 0.25 3 3-
C 108 Main Street 3/19/2024 $4,500,000 0.4 Antique 2,005 0.17 6 4-1
D 1 Farmer Street 5/10/2024 $3,600,000 0.4 Antique 2,430 0.06 3 3-1
E 45 Fair Street 5/8/2024 $4,800,000 0.5 Custom Built 2,854 0.07 4 4-1
F 8 Essex Road 5/15/2024 $1,900,000 0.6 Colonial 1,872 0.31 3 3-
G 8 Luff Road 5/9/2024 $1,900,000 0.6 Ranch 1,894 0.36 3 2-
H 20 New Lane 1/17/2024 $4,350,000 0.7 Colonial 2,247 0.12 4 3-1
I 10 Aurora Way 1/9/2024 $4,650,000 0.8 Colonial 2,468 0.18 4 3-1
J 45 West Chester Street 4/17/2024 $3,200,000 0.8 Conventional 1,972 0.14 4 3-
K 8 Austin Farm Drive 3/1/2024 $8,500,000 0.9 Colonial 2,798 0.92 3 2-1
Averages 108 days $3,810,227 0.56 --- 2,204 0.26 --- ---  

Estimation of Market Value - $2,907,129

As of today, 07/04/2024, the estimated market value of 31 Vesper Lane, Nantucket considering the above 11 comparable properties is $2,907,129.

 

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
@ 31 Vesper Lane 5/17/1999 $65,000 0 Ranch 2,394 0.33 2 1- -
  Criteria
A 33 Vesper Lane 7/24/2015 $714,000 0.0 Ranch 1,520 0.17 2 1-
B 21 Vesper Lane 3/23/2012 $0 0.0 Colonial 2,976 0.11 4 3-
C 36 Vesper Lane 10/4/2004 $0 0.0 Ranch 1,792 0.29 4 2-
D 19 Vesper Lane 11/8/2013 $950,000 0.0 Colonial 3,013 0.11 3 3-1
E 35 Vesper Lane 10/29/2003 $0 0.0 Ranch 728 0.34 2 1-
F 34 Vesper Lane 10/4/2004 $0 0.0 Vacant Land 0.15 -
G 38 Vesper Lane 5/31/2005 $0 0.0 Colonial 1,624 1.08 4 2-1
H 32 Vesper Lane $0 0.0 Cape Cod 1,610 0.18 2 1-1
I 17 Vesper Lane 7/26/2021 $835,000 0.0 Family Duplex 2,735 0.11 5 4-
J 8 Cato Lane 6/3/2003 $0 0.0 Vacant Land 0.11 -
K 29 Vesper Lane 6/22/2000 $0 0.0 Outbuildings 6.75 -
L 6 Cato Lane 6/3/2003 $0 0.1 Vacant Land 0.11 -
M 15 Vesper Lane 1/12/2018 $1,195,000 0.1 Family Duplex 1,803 0.11 5 2-
N 4 Cato Lane 4/30/2018 $0 0.1 Colonial 2,990 0.12 3 3-1
O 11 Polliwog Pond Road 9/14/2015 $905,000 0.1 Colonial 2,140 0.33 4 2-
P 13 Vesper Lane $65,000 0.1 Colonial 1,536 0.11 2 2-
Q 13 Polliwog Pond Road 8/19/1993 $57,500 0.1 Cape Cod 1,348 0.2 3 2-1
R 28 Vesper Lane 12/14/2010 $487,000 0.1 Cape Cod 1,863 0.24 3 2-
S 2 Cato Lane 9/29/2020 $0 0.1 Ranch 2,372 0.12 3 3-
T 40 Vesper Lane 7/28/2016 $0 0.1 Ranch 1,180 0.35 3 1-
U 15 Polliwog Pond Road 6/1/1982 $0 0.1 Cape Cod 2,059 0.18 4 3-
V 11 Vesper Lane 12/24/2008 $0 0.1 Cape Cod 1,014 0.11 3 2-
W 4 Polliwog Pond Road 10/31/2008 $789,000 0.1 Cape Cod 1,296 0.17 3 2-1
X 9 Polliwog Pond Road 1/31/2014 $615,000 0.1 Cape Cod 1,133 0.27 3 2-
Y 6 Polliwog Pond Road 4/5/2022 $0 0.1 Cape Cod 1,667 0.17 4 2-
Z 42 Vesper Lane 1/7/2003 $75,000 0.1 Colonial 2,240 0.34 4 2-1
- 19 Cato Lane 9/24/1996 $125,000 0.1 Family Duplex 2,412 0.48 5 3-1
- 7 Polliwog Pond Road 4/29/1994 $60,000 0.1 Colonial 1,792 0.36 2 1-
- 5 Polliwog Pond Road 11/15/2019 $1,230,000 0.1 Cape Cod 1,530 0.29 3 2-
- 16 Cato Lane 3/19/2015 $785,000 0.1 Family Duplex 2,352 0.16 5 3-
- 8 Polliwog Pond Road 5/4/2021 $1,800,000 0.1 Cape Cod 2,025 0.18 4 2-
- 3 Cato Lane $0 0.1 Vacant Land 0.1 -
- 20 Polliwog Pond Road 1/6/2021 $1,350,000 0.1 Cape Cod 2,328 0.16 5 5-
- 4 Roberts Lane 10/20/2009 $0 0.1 Colonial 2,672 0.48 3 3-
- 18 Polliwog Pond Road 7/18/2022 $0 0.1 Cape Cod 2,204 0.27 5 2-
- 10 Polliwog Pond Road 11/9/2018 $835,000 0.1 Cape Cod 1,569 0.19 2 3-
- 18 Cato Lane 2/4/2019 $1,100,000 0.1 Family Duplex 3,061 0.17 5 4-
- 44 Vesper Lane 6/6/2016 $0 0.1 Ranch 2,292 0.81 4 3-
- 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.1 Cape Cod 1,830 0.24 5 2-
- 20 Cato Lane 3/1/2021 $915,000 0.1 Cape Cod 1,269 0.18 4 2-1
- 9 Vesper Lane 7/11/2007 $2,500,000 0.1 Vacant Land 2.1 -
- 14 Polliwog Pond Road 4/5/2022 $0 0.1 Vacant Land 0.27 -
- 21 Cato Lane $0 0.1 Ranch 1,785 0.77 3 2-
- 12 Polliwog Pond Road $0 0.1 Cape Cod 2,246 0.47 4 3-1
Averages 4709 days $446,307 0.08 --- 1,637 0.45 --- ---  
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
55 127 31 Vesper Lane