18 Somerset Road, Nantucket, MA 02554

18 Somerset Road Nantucket MA 02554
Owner Information
Owner 1
Marianne R Stanton
Owner 2
Owner's Address
P O Box 384 Nantucket, MA 02554
Market Sale Information
Most recent sale date
5/12/1998
Previous sale date
01/22/1997
Transfer document #
00575-0123
Previous transfer document
00526-0130
Grantor
Thomas H C Giffin
Previous grantor
Thomas H C Giffin
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
56-104-1
Lot Size
1.61
Use Code
130 - Land, developable
Zoning
R20
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$742,600.00
Total value
$742,600.00
Building value
$0.00
Estimated tax
$2,324.00
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 18 Somerset Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age Rooms Bedrooms Full baths Half baths Gross Living Area Heating Fuel Detached Garage Lot Size 1.61 Roof Cover AEM Value - Building $0.00 AEM Value - Land $742,600.00 AEM Value - Other $0.00 AEM Value - Total $742,600.00
A) 10 York Street 0.8 8/1/2024 $5,650,000 - Vacant Land 0.11 $0 $1,008,300 $0 $1,008,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 18 Somerset Road 5/12/1998 $0 0 Vacant Land 1.61 - -
  Criteria
A 10 York Street 8/1/2024 $5,650,000 0.8 Vacant Land 0.11 -
Averages 63 days $5,650,000 0.76 --- 0.11 --- ---  

Estimation of Market Value - $4,161,152

As of today, 10/03/2024, the estimated market value of 18 Somerset Road, Nantucket considering the above 1 comparable properties is $4,161,152.

 

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
@ 18 Somerset Road 5/12/1998 $0 0 Vacant Land 1.61 - -
  Criteria
A 20 Somerset Road 7/13/2009 $0 0.0 Colonial 1,628 0.71 3 1-1
B 16 Somerset Road 6/20/2018 $967,500 0.0 Colonial 2,562 0.46 4 3-1
C 24 Somerset Road $0 0.0 Vacant Land 3.89 -
D 21 Somerset Road 5/19/2015 $0 0.1 Service Shop 2,977 3 -
E 17 Roberts Lane 1/29/2003 $0 0.1 Vacant Land 0.5 -
F 41 Friendship Lane 7/12/2005 $0 0.1 Cape Cod 1,680 0.53 4 3-
G 7 Roberts Lane 9/30/2008 $895,000 0.1 Colonial 1,418 0.5 2 2-
H 10 Somerset Road 3/12/2018 $0 0.1 Dormitory 2,880 0.54 5 3-
I 17 Roberts Lane-Lot 102 1/29/2003 $0 0.1 Vacant Land 1.68 -
J 21 Roberts Lane 7/15/1999 $0 0.1 Ranch 900 0.44 3 1-
K 42 Friendship Lane 12/7/2005 $785,000 0.1 Cape Cod 2,325 0.46 2 2-
L 15 Somerset Road 1/26/1995 $0 0.1 Colonial 1,330 0.76 2 2-
M 25 Roberts Lane 6/11/1998 $19,804,730 0.1 Family Conver. 1,920 0.76 5 2-
N 8 Pinkham Circle 6/16/2022 $0 0.1 Colonial 3,619 0.76 3 3-
O 19 Roberts Lane 4/23/1996 $200,000 0.1 Cape Cod 2,257 0.54 5 2-1
P 6 Pinkham Circle 8/5/2002 $0 0.1 Colonial 2,283 0.51 5 3-
Q 37 Friendship Lane 8/9/1993 $51,000 0.1 Colonial 1,343 0.55 2 2-
R 60 Meadow View Drive 12/31/2002 $0 0.1 Family Conver. 1,920 0.96 6 3-
S 13 Somerset Road 2/1/2021 $0 0.1 Ranch 1,456 0.46 1 2-
T 40 Friendship Lane 3/19/2021 $865,000 0.1 Colonial 1,362 0.46 1 1-
U 10 Pinkham Circle 2/19/2014 $1,055,000 0.1 Conventional 1,806 0.47 2 2-
V 4 Pinkham Circle 11/14/2012 $900,000 0.1 Cape Cod 2,874 0.34 3 3-1
W 15 Roberts Lane 10/12/2018 $0 0.1 Colonial 4,187 1.32 4 3-1
X 5 Roberts Lane 10/16/2012 $0 0.1 Cape Cod 2,013 0.47 4 1-2
Y 3 Roberts Lane 12/2/2013 $0 0.1 Ranch 1,304 0.47 3 2-
Averages 5790 days $1,020,929 0.10 --- 1,842 0.86 --- ---  
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
56 104 1 18 Somerset Road