8 Vesper Lane, Nantucket, MA 02554

Owner Information
Owner 1
Michael K Holdgate
Owner 2
Owner's Address
P O Box 869 Nantucket, MA 02554
Market Sale Information
Most recent sale date
3/27/2003
Previous sale date
01/05/1994
Transfer document #
00811-0203
Previous transfer document
00435-0102
Grantor
Kenneth W Holdgate
Previous grantor
Kenneth W Holdgate
Most recent sale price
$675,000.00
Previous sale price
$0.00
Site Information
Property ID
55-250
Lot Size
0.23
Use Code
104 - Residential, two family
Zoning
CN
Building Style
Family Conver.
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1930
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2608
Number of Kitchen
2
Gross Living Area
5889
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
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
$543,800.00
Total value
$1,473,900.00
Building value
$930,100.00
Estimated tax
$4,613.00
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 8 Vesper Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $258.82 Style Family Conver. Age 1930 Rooms Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 5889 Heating Fuel Hot Water Detached Garage Lot Size 0.23 Roof Cover Asph/F Gls/Cmp AEM Value - Building $930,100.00 AEM Value - Land $543,800.00 AEM Value - Other $0.00 AEM Value - Total $1,473,900.00
A) 19 Cynthia Lane 0.6 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
@ 8 Vesper Lane 3/27/2003 $675,000 0 Family Conver. 2,608 0.23 4 2-1 -
  Criteria
A 19 Cynthia Lane 5/2/2024 $1,495,000 0.6 Colonial 2,096 0.08 5 3-
Averages 61 days $1,495,000 0.64 --- 2,096 0.08 --- ---  

Estimation of Market Value - $1,869,025

As of today, 07/02/2024, the estimated market value of 8 Vesper Lane, Nantucket considering the above 1 comparable properties is $1,869,025.

 

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
@ 8 Vesper Lane 3/27/2003 $675,000 0 Family Conver. 2,608 0.23 4 2-1 -
  Criteria
A 0 Vesper Lane $0 0.0 Vacant Land 0.05 -
B 4 Vesper Lane 7/30/2001 $0 0.0 Dry Cln/Laundr 6,416 0.52 2 3-
C 10 Vesper Lane $0 0.0 Office Bldg 1,920 0.23 2-
D 2 Vesper Lane 4/28/2011 $495,000 0.0 Conventional 2,112 0.23 5 4-
E 3 Vesper Lane 1/30/2006 $0 0.0 Ranch 1,118 0.21 3 1-1
F 15 Surfside Road 12/12/2002 $0 0.0 Cape Cod 2,064 0.65 3 2-1
G 13 Surfside Road 3/26/2007 $0 0.0 Vacant Land 0.23 -
H 7 Surfside Road 1/6/2015 $0 0.1 Bungalow 576 0.32 1 1-
I 5 Surfside Road 5/11/2022 $1,745,000 0.1 Conventional 1,398 0.17 4 3-
J 1-B Vesper Lane $0 0.1 Family Duplex 1,666 0.12 4 2-
K 0 Vesper Lane-Rear $0 0.1 Vacant Land 0.19 -
L 11 Surfside Road 9/14/2000 $0 0.1 Family Conver. 1,759 0.16 3 2-
M 20 Vesper Lane $0 0.1 Elderly Apartments 1,500 3.35 0 0-
N 5 Cobble Court 12/27/2017 $60,000 0.1 Vacant Land 0.36 -
O 1-A Vesper Lane $0 0.1 Family Duplex 1,785 0.12 4 2-
P 3 Cobble Court 1/10/2008 $0 0.1 Outbuildings 0.35 -
Q 3 Surfside Road $0 0.1 Family Duplex 1,666 0.12 4 2-
R 57 Prospect Street 7/5/2016 $1 0.1 Hospital 63,570 5.76 0 2-
S 61 Prospect Street 12/13/2005 $875,000 0.1 Bungalow 1,512 0.14 3 2-1
T 17 Surfside Road 12/16/2015 $975,000 0.1 Ranch 1,760 0.3 4 2-
U 1 Surfside Road $0 0.1 Family Conver. 1,995 0.15 5 3-
V 18 Vesper Lane 12/7/2023 $2,799,872 0.1 Elderly Apartments 6,300 1.71 2 3-
W 8 Cobble Court 4/27/2017 $0 0.1 Ranch 1,917 0.66 2 2-
X 23 West York Lane 9/4/2012 $0 0.1 Conventional 1,302 0.07 2 3-
Y 23 Atlantic Avenue 2/16/2010 $0 0.1 Family Conver. 2,432 0.21 5 2-
Z 21 West York Lane 9/7/2001 $375,000 0.1 Bungalow 778 0.1 2 1-
- 26 Atlantic Avenue $0 0.1 Conventional 818 0.12 3 1-1
- 22 West York Lane 4/24/2015 $0 0.1 Family Duplex 2,499 0.12 8 4-
- 19 Surfside Road 10/21/2010 $0 0.1 Cape Cod 1,998 0.29 2 1-1
- 66 Prospect Street 5/14/1996 $255,000 0.1 Family Duplex 2,570 0.12 4 2-
- 17 Williams Lane $0 0.1 Family Duplex 2,233 0.17 3 2-
- 21 Atlantic Avenue 5/15/2015 $0 0.1 Bungalow 1,229 0.13 3 1-
- 16 Vesper Lane 12/7/2023 $1,605,464 0.1 Elderly Apartments 8,208 1.73 2 3-
- 19 West York Lane 9/1/2004 $610,000 0.1 Conventional 1,945 0.1 2 2-
- 20 West York Lane 2/10/2004 $286,941 0.1 Family Duplex 2,016 0.12 4 2-
- 24 Atlantic Avenue $0 0.1 Family Duplex 2,233 0.19 3 2-
- 5 Anna Drive $0 0.1 Ranch 930 0.23 2 1-
- 3 Anna Drive 8/18/2016 $0 0.1 Colonial 1,648 0.26 4 2-1
- 64 Prospect Street 9/8/1995 $0 0.1 Cape Cod 1,292 0.15 3 2-
- 13 Williams Lane 6/14/2022 $0 0.1 Cape Cod 1,868 0.24 2 3-1
- 10 Surfside Road $0 0.1 School 164,840 8.1 0 2-
- 17 West York Lane 8/25/2014 $0 0.1 Ranch 918 0.1 2 1-
- 19 Atlantic Avenue 10/28/2019 $0 0.1 Ranch 1,428 0.17 3 2-
- 22 Atlantic Avenue 12/26/2023 $2,361,700 0.1 Bungalow 1,080 0.07 3 1-
- 19 Surfside Road Unit 5 7/24/2015 $1,480,000 0.1 Cape Cod 3,778 0.4 4 4-3
- 7 Anna Drive 10/3/2012 $725,000 0.1 Modern/Contemp 3,192 0.48 4 4-1
- 62 Prospect Street 9/26/2016 $0 0.1 Colonial 3,077 0.18 5 4-
- 18 West York Lane 1/30/1985 $100 0.1 Cape Cod 1,300 0.15 2 1-
Averages 4866 days $305,189 0.08 --- 6,597 0.63 --- ---  
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
55 250 8 Vesper Lane