3 Mill Hill Lane, Nantucket, MA 02554

3 Mill Hill Lane Nantucket MA 02554
Owner Information
Owner 1
Harold R Whelden & Colleen S
Owner 2
Ernie Gert Irrevocable Trust
Owner's Address
14 Baltimore Street Nantucket, MA 02554
Market Sale Information
Most recent sale date
Previous sale date
Transfer document #
C0026489-
Previous transfer document
C0013-0132
Grantor
Ernest E Whelden
Previous grantor
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
5544-65
Lot Size
0.67
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
2
Year Built
1950
Number of full baths
1
Condition
Number of half baths
Finished Area
1406
Number of Kitchen
1
Gross Living Area
3879
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
$1,078,100.00
Total value
$1,609,900.00
Building value
$531,800.00
Estimated tax
$5,038.00
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 3 Mill Hill Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1950 Rooms Bedrooms 2 Full baths 1 Half baths Gross Living Area 3879 Heating Fuel Hot Water Detached Garage Lot Size 0.67 Roof Cover Asph/F Gls/Cmp AEM Value - Building $531,800.00 AEM Value - Land $1,078,100.00 AEM Value - Other $0.00 AEM Value - Total $1,609,900.00
A) 35 Pleasant Street 0.3 9/17/2024 $3,735,000 1,680 1 $2223.21 Bungalow 1927 2 1 4002 Hot Water 0.23 Asph/F Gls/Cmp $659,500 $1,555,200 $0 $2,214,700
B) 149 Main Street 0.3 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
C) 31 Surfside Road 0.6 5/23/2024 $2,125,000 1,404 2 $1513.53 Cape Cod 1989 3 2 3016 Hot Water 0.15 Asph/F Gls/Cmp $512,500 $511,100 $0 $1,023,600
D) 15 Bear Street 0.6 9/24/2024 $1,640,000 1,303 1 $1258.63 Cape Cod 1982 3 1 1 2040 Forced Air-Duc 0.12 Asph/F Gls/Cmp $488,400 $489,000 $0 $977,400
E) 33 West Chester Street 0.7 6/26/2024 $2,825,000 1,577 1 $1791.38 Bungalow 1940 3 2 3089 Forced Air-Duc 0.14 Asph/F Gls/Cmp $599,600 $1,384,815 $0 $1,984,415
F) 12 Pilgrim Road 0.8 5/7/2024 $2,825,000 1,365 1 $2069.60 Ranch 1970 3 1 2450 Forced Air-Duc 0.17 Asph/F Gls/Cmp $357,700 $1,873,800 $0 $2,231,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Mill Hill Lane $0 0 Cape Cod 1,406 0.67 2 1- -
  Criteria
A 35 Pleasant Street 9/17/2024 $3,735,000 0.3 Bungalow 1,680 0.23 2 1-
B 149 Main Street 5/17/2024 $4,225,000 0.3 Conventional 1,698 0.14 3 1-1
C 31 Surfside Road 5/23/2024 $2,125,000 0.6 Cape Cod 1,404 0.15 3 2-
D 15 Bear Street 9/24/2024 $1,640,000 0.6 Cape Cod 1,303 0.12 3 1-1
E 33 West Chester Street 6/26/2024 $2,825,000 0.7 Bungalow 1,577 0.14 3 2-
F 12 Pilgrim Road 5/7/2024 $2,825,000 0.8 Ranch 1,365 0.17 3 1-
Averages 87 days $2,895,833 0.54 --- 1,505 0.16 --- ---  

Estimation of Market Value - $2,623,939

As of today, 09/29/2024, the estimated market value of 3 Mill Hill Lane, Nantucket considering the above 6 comparable properties is $2,623,939.

 

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
@ 3 Mill Hill Lane $0 0 Cape Cod 1,406 0.67 2 1- -
  Criteria
A 6 Joy Street $0 0.0 Conventional 1,802 0.29 5 1-1
B 15 Mill Hill Lane 12/3/2014 $2,100,000 0.0 Vacant Land 0.11 -
C 7 Joy Street 10/25/2018 $2,225,000 0.0 Custom Built 1,897 0.11 3 2-
D 27 Mill Street 11/17/2003 $1,425,000 0.0 Cottage 392 0.12 1 1-
E 28 Mill Street 2/11/2011 $975,000 0.0 Antique 1,631 0.11 3 2-1
F 17 Mill Hill Lane 12/3/2014 $2,100,000 0.0 Outbuildings 0.28 -
G 18 Mount Vernon Street 12/14/2020 $1,350,000 0.0 Antique 1,328 0.23 2 2-1
H 16 Mount Vernon Street 1/19/2007 $0 0.1 Antique 876 0.3 2 1-2
I 8 Mill Hill Lane 2/27/2018 $700,000 0.1 Bungalow 783 0.1 2 1-
J 18 New Mill Street 5/9/2018 $0 0.1 Cape Cod 2,219 0.12 3 2-1
K 4 Joy Street 4/3/2012 $0 0.1 Conventional 1,036 0.18 2 2-
L 11 New Mill Street 12/17/2012 $0 0.1 Antique 3,112 0.1 3 2-
M 10 Mill Hill Lane 10/15/2007 $4,460,000 0.1 Custom Built 5,658 0.2 6 5-2
N 3 Joy Street 11/18/2014 $2,000,000 0.1 Antique 2,424 0.25 3 2-1
O 16 New Mill Street 10/2/2007 $1,690,000 0.1 Colonial 1,587 0.12 3 2-1
P 19 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
Q 24 Mill Street 6/29/2017 $2,275,000 0.1 Antique 2,701 0.14 5 3-
R 14 Mount Vernon Street 9/27/1996 $459,000 0.1 Antique 1,994 0.17 4 3-
S 1 Joy Street 9/10/2014 $725,000 0.1 Conventional 864 0.07 3 1-
T 17 Prospect Street 10/19/2023 $2,845,000 0.1 Antique 2,062 0.17 4 3-1
U 19 Prospect Street 9/22/2003 $0 0.1 Vacant Land 0.11 -
V 21 Prospect Street 3/23/2021 $0 0.1 Antique 1,271 0.12 3 2-
W 11 Prospect Street 2/25/1991 $315,000 0.1 Antique 2,169 0.12 5 3-
X 23 Prospect Street $952,000 0.1 Antique 1,426 0.12 3 5-
Y 27 Prospect Street 7/28/2014 $0 0.1 Cape Cod 1,936 0.41 3 2-
Z 9 Prospect Street 3/2/2022 $0 0.1 Antique 1,288 0.09 4 3-
- 25 Prospect Street 12/10/2012 $0 0.1 Cape Cod 1,046 0.16 2 1-1
- 12 Mount Vernon Street 4/27/2007 $0 0.1 Antique 1,842 0.11 5 3-
- 7 Prospect Street $0 0.1 Antique 2,219 0.1 4 3-
- 10-R Mount Vernon Street 11/30/2010 $850,000 0.1 Bungalow 934 0.05 3 1-1
- 5 Prospect Street 9/16/2013 $0 0.1 Antique 2,289 0.1 4 3-
- 9 New Mill Street 2/10/2000 $665,000 0.1 Antique 2,812 0.12 5 4-1
- 12 Prospect Street 3/25/2010 $740,000 0.1 Cape Cod 1,575 0.07 3 2-
- 10 Mount Vernon Street 8/9/1984 $165,000 0.1 Bungalow 1,170 0.11 2 1-
- 37 Prospect Street $0 0.1 Vacant Land 1.6 -
- 14 New Mill Street 10/12/2021 $3,200,000 0.1 Antique 2,076 0.14 5 4-1
- 3 Cato Lane $0 0.1 Vacant Land 0.1 -
- 21 Mill Street 2/6/2001 $0 0.1 Antique 1,476 0.12 3 3-
- 10 Prospect Street 9/6/2016 $1,125,000 0.1 Bungalow 1,281 0.1 2 2-1
- 16 Prospect Street 10/9/2009 $537,500 0.1 Antique 1,284 0.13 2 2-
- 7 New Mill Street 9/28/2022 $3,550,000 0.1 Antique 2,283 0.11 4 3-1
- 8 Prospect Street 3/11/2014 $710,000 0.1 Ranch 756 0.16 2 2-
- 3 Prospect Street 12/20/2001 $0 0.1 Antique 1,856 0.11 3 1-1
- 6 Prospect Street 11/7/2002 $802,000 0.1 Antique 2,592 0.18 4 4-
- 1 Prospect Street 5/27/2010 $0 0.1 Bungalow 1,190 0.08 3 1-
- 12 New Mill Street 11/20/2020 $0 0.1 Conventional 816 0.09 2 1-1
- 26 Prospect Street 1/8/2018 $1,093,000 0.1 Antique 1,613 0.11 3 2-1
- 5 New Mill Street 8/16/2013 $1,500,000 0.1 Antique 3,331 0.18 4 3-
- 18 Mill Street 11/14/2022 $7,180,000 0.1 Custom Built 4,376 0.16 4 4-1
- 1 Prospect Street-Lot 2 5/27/2010 $0 0.1 Vacant Land 0.01 -
- 19-A Mill Street 5/9/1994 $0 0.1 Antique 2,583 0.19 5 4-
- 39 Prospect Street $0 0.1 Vacant Land 0.53 -
- 32 Milk Street 12/28/2017 $0 0.1 Antique 1,888 0.07 3 2-
- 0 North Mill Street $0 0.1 Vacant Land 1.22 -
- 30 Milk Street 7/19/2011 $0 0.1 Antique 1,548 0.09 3 2-
- 2 Prospect Street 11/1/2023 $2,200,000 0.1 Antique 2,046 0.14 3 1-
- 10 New Mill Street 4/11/2017 $0 0.1 Antique 2,236 0.16 3 3-1
- 2 Cato Lane 9/29/2020 $0 0.1 Ranch 2,372 0.12 3 3-
- 16 Mill Street 10/30/2020 $159,300 0.1 Custom Built 2,656 0.2 4 4-
- 26 Milk Street 10/3/2019 $3,600,000 0.1 Antique 2,473 0.24 4 3-1
- 28 Milk Street $0 0.1 Antique 2,646 0.09 5 3-
Averages 4506 days $930,702 0.09 --- 1,635 0.19 --- ---  
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
5544 65 3 Mill Hill Lane