7 Allens Lane, Nantucket, MA 02554

7 Allens Lane Nantucket MA 02554
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Nantucket Island Resorts LLC
Owner 2
C/O New England Develop-Acct Dept
Owner's Address
75 Park Plaza #3 Boston, MA 02116
Market Sale Information
Most recent sale date
6/11/1998
Previous sale date
09/25/1996
Transfer document #
00580-0138
Previous transfer document
00515-0316
Grantor
Richard J McCready
Previous grantor
Winthrop Nantucket L P
Most recent sale price
$3,000,000.00
Previous sale price
$0.00
Site Information
Property ID
55-234-2
Lot Size
0.23
Use Code
104 - Residential, two family
Zoning
R10
Building Style
Family Duplex
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1985
Number of full baths
3
Condition
Number of half baths
Finished Area
2432
Number of Kitchen
2
Gross Living Area
2452
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
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$637,500.00
Total value
$1,464,800.00
Building value
$827,300.00
Estimated tax
$4,584.00
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 Allens Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,233.55 Style Family Duplex Age 1985 Rooms Bedrooms 5 Full baths 3 Half baths Gross Living Area 2452 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.23 Roof Cover Asph/F Gls/Cmp AEM Value - Building $827,300.00 AEM Value - Land $637,500.00 AEM Value - Other $0.00 AEM Value - Total $1,464,800.00
A) 56 Fairgrounds Road 0.5 4/17/2024 $2,150,000 1,824 1 $1178.73 Cape Cod 1988 4 2 1 4739 Hot Water 0.73 Asph/F Gls/Cmp $646,900 $757,200 $0 $1,404,100
B) 19 Cynthia Lane 0.7 5/2/2024 $1,495,000 2,096 2 $713.26 Colonial 1999 5 3 3248 Hot Water 0.08 Asph/F Gls/Cmp $798,100 $375,300 $0 $1,173,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Allens Lane 6/11/1998 $3,000,000 0 Family Duplex 2,432 0.23 5 3- -
  Criteria
A 56 Fairgrounds Road 4/17/2024 $2,150,000 0.5 Cape Cod 1,824 0.73 4 2-1
B 19 Cynthia Lane 5/2/2024 $1,495,000 0.7 Colonial 2,096 0.08 5 3-
Averages 73 days $1,822,500 0.57 --- 1,960 0.41 --- ---  

Estimation of Market Value - $2,166,425

As of today, 07/06/2024, the estimated market value of 7 Allens Lane, Nantucket considering the above 2 comparable properties is $2,166,425.

 

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 Allens Lane 6/11/1998 $3,000,000 0 Family Duplex 2,432 0.23 5 3- -
  Criteria
A 9 Allens Lane 3/31/2022 $0 0.0 Cape Cod 1,817 0.23 4 3-
B 5 Allens Lane 8/9/2021 $1,395,000 0.0 Family Duplex 2,240 0.23 5 4-
C 11 Allens Lane 3/14/2018 $0 0.0 Ranch 1,092 0.23 3 1-
D 0 Cow Pond 12/31/2008 $0 0.0 Vacant Land 1.17 -
E 8 Allens Lane 10/6/2022 $0 0.0 Family Duplex 2,360 0.23 5 3-
F 10 Allens Lane 4/25/2007 $758,000 0.0 Family Duplex 2,240 0.23 5 4-
G 1 Allens Lane 3/10/2014 $0 0.0 Family Duplex 2,240 0.23 5 3-
H 13 Allens Lane 2/19/2013 $0 0.0 Cape Cod 1,755 0.31 3 2-
I 4 Cartwright Place 3/3/2014 $549,000 0.0 Cottage 420 0.23 1 1-
J 4 Allens Lane 6/12/2012 $0 0.0 Family Duplex 2,240 0.23 5 4-
K 2 Allens Lane 5/18/2021 $1,050,000 0.1 Family Duplex 2,240 0.23 6 2-
L 12 Allens Lane 9/19/2013 $0 0.1 Family Conver. 1,080 0.26 2 2-
M 0 Cow Pond 12/31/2008 $0 0.1 Vacant Land 0.65 -
N 11 First Way 3/26/2004 $0 0.1 Colonial 2,406 0.63 3 4-
O 9 First Way 2/14/2014 $0 0.1 Colonial 1,154 0.23 4 3-1
P 5 First Way 6/9/2015 $590,000 0.1 Cape Cod 1,722 0.33 4 1-1
Q 38 Sparks Avenue 9/1/2000 $0 0.1 Service Shop 7,310 0.92 4 2-
R 21 Hooper Farm Road 6/14/2019 $1,365,000 0.1 Ranch 876 0.39 3 2-
S 3 First Way 12/19/2019 $0 0.1 Cape Cod 1,172 0.23 3 1-
T 34 Sparks Avenue 11/28/1995 $910,000 0.1 Service Station 2,625 0.38 0 3-
U 15 First Way 12/10/2009 $0 0.1 Colonial 2,194 0.61 4 4-
V 23 Hooper Farm Road 3/12/2003 $0 0.1 Ranch 1,019 0.33 3 2-
W 11 Cow Pond Lane 11/23/2021 $0 0.1 Family Duplex 2,345 0.34 8 5-
X 36 Sparks Avenue 12/28/2004 $0 0.1 Service Shop 4,200 0.21 0 3-
Y 9 Hooper Farm Road 8/27/2003 $0 0.1 Cape Cod 1,721 0.5 3 2-
Z 1 First Way 11/27/2020 $950,000 0.1 Ranch 1,124 0.18 3 1-1
- 30 Sparks Avenue 1/17/2012 $0 0.1 Store 4,409 0.65 2 3-
- 19-R Hooper Farm Road 10/24/2023 $1,300,000 0.1 Ranch 1,744 0.16 3 1-
- 42-R Sparks Avenue $0 0.1 Vacant Land 0.51 -
- 40 Sparks Avenue $0 0.1 Vacant Land 0.84 -
- 24 Sparks Avenue 2/22/2021 $2,650,000 0.1 Ranch 1,074 0.25 3 1-
- 15 Hooper Farm Road 10/5/1998 $0 0.1 Conventional 840 0.11 2 1-
- 11 Hooper Farm Road 9/23/2022 $0 0.1 Ranch 1,560 0.65 4 2-1
- 9 Cow Pond Lane 5/3/2005 $410,000 0.1 Colonial 1,904 0.23 4 2-1
- 25 Hooper Farm Road 8/25/2023 $1,395,000 0.1 Ranch 1,052 0.18 2 1-
- 13 Hooper Farm Road $0 0.1 Ranch 1,664 0.14 4 2-
- 6 First Way 11/1/2016 $2,400,000 0.1 Colonial 1,407 0.12 3 2-1
- 3 Cow Pond Lane 12/10/2009 $0 0.1 Colonial 1,183 0.28 2 1-1
- 26 Sparks Avenue 2/22/2021 $2,650,000 0.1 Vacant Land 0.1 -
- 42 Sparks Avenue $0 0.1 Vacant Land 0.32 -
- 5 Cow Pond Lane 2/11/2014 $421,237 0.1 Family Duplex 3,021 0.23 6 4-
- 1 Cow Pond Lane 12/10/2009 $0 0.1 Family Duplex 1,904 0.24 4 2-
- 14 Allens Lane 11/2/2005 $730,000 0.1 Ranch 1,928 0.16 4 2-
- 22 Sparks Avenue 2/22/2021 $2,650,000 0.1 Vacant Land 0.1 -
- 44 Sparks Avenue $0 0.1 Vacant Land 0.36 -
- 20 Sparks Avenue 2/3/2021 $2,500,000 0.1 Cape Cod 1,510 0.48 3 1-1
- 19 First Way 12/31/2008 $0 0.1 Family Duplex 1,638 0.24 4 3-
- 12 First Way 7/13/2015 $0 0.1 Colonial 1,917 0.38 2 2-1
- 29 Hooper Farm Road 4/19/2017 $0 0.1 Ranch 1,752 0.28 4 2-
- 20 Hooper Farm Road 12/10/2018 $0 0.1 Vacant Land 0.05 -
- 18 Hooper Farm Road 12/10/2018 $0 0.1 Colonial 2,134 0.33 5 2-
- 22 Hooper Farm Road 3/17/2022 $0 0.1 Ranch 728 0.25 1 1-
- 17 Allens Lane 10/28/2020 $615,000 0.1 Conventional 1,714 0.12 4 1-
- 16 Hooper Farm Road 7/16/1984 $50,000 0.1 Family Conver. 1,536 0.23 4 2-
- 7 Second Way 12/8/2023 $1,600,000 0.1 Colonial 2,050 0.24 4 1-1
- 7 Hooper Farm Road 8/12/2004 $0 0.1 Cape Cod 1,404 0.25 3 2-
- 14 First Way 8/12/1999 $0 0.1 Ranch 1,384 0.57 4 1-
- 8 Cow Pond Lane 8/22/2003 $0 0.1 Family Duplex 1,554 0.23 4 2-
- 16 Allens Lane 5/8/1987 $185,000 0.1 Ranch 1,356 0.22 3 2-
- 18 Sparks Avenue 4/1/2021 $3,400,000 0.1 Restaurant 2,400 0.29 0 0-
- 21 Sparks Avenue 4/11/2002 $870,000 0.1 Outbuildings 0.18 -
- 6 Cow Pond Lane 8/22/2003 $0 0.1 Family Duplex 1,752 0.24 4 2-
- 24 Hooper Farm Road 5/7/2013 $0 0.1 Cape Cod 1,500 0.26 4 3-
- 31 Hooper Farm Road 2/28/2001 $424,000 0.1 Ranch 1,500 0.29 3 2-
- 0 Backus Lane 11/27/2001 $0 0.1 Vacant Land 0.09 -
Averages 4504 days $489,496 0.08 --- 1,556 0.32 --- ---  
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
55 234 2 7 Allens Lane