4 Somerset Road, Nantucket, MA 02554

4 Somerset Road Nantucket MA 02554
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Owner Information
Owner 1
Ralph L Hardy & Jane J
Owner 2
Hardy Family Nominee Trust
Owner's Address
4 Somerset Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
8/16/2001
Previous sale date
Transfer document #
00709-0156
Previous transfer document
00122-0556
Grantor
Ralph L Hardy
Previous grantor
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
56-21
Lot Size
0.93
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1960
Number of full baths
1
Condition
Number of half baths
Finished Area
1352
Number of Kitchen
1
Gross Living Area
3877
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
$705,200.00
Total value
$1,336,700.00
Building value
$631,500.00
Estimated tax
$4,183.00
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 4 Somerset Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1960 Rooms Bedrooms 3 Full baths 1 Half baths Gross Living Area 3877 Heating Fuel Hot Water Detached Garage Lot Size 0.93 Roof Cover Asph/F Gls/Cmp AEM Value - Building $631,500.00 AEM Value - Land $705,200.00 AEM Value - Other $0.00 AEM Value - Total $1,336,700.00
A) 35 Pleasant Street 0.5 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) 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
C) 15 Bear Street 0.8 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
D) 33 West Chester Street 0.9 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
E) 12 Pilgrim Road 0.9 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
@ 4 Somerset Road 8/16/2001 $0 0 Ranch 1,352 0.93 3 1- -
  Criteria
A 35 Pleasant Street 9/17/2024 $3,735,000 0.5 Bungalow 1,680 0.23 2 1-
B 31 Surfside Road 5/23/2024 $2,125,000 0.6 Cape Cod 1,404 0.15 3 2-
C 15 Bear Street 9/24/2024 $1,640,000 0.8 Cape Cod 1,303 0.12 3 1-1
D 33 West Chester Street 6/26/2024 $2,825,000 0.9 Bungalow 1,577 0.14 3 2-
E 12 Pilgrim Road 5/7/2024 $2,825,000 0.9 Ranch 1,365 0.17 3 1-
Averages 82 days $2,630,000 0.72 --- 1,466 0.16 --- ---  

Estimation of Market Value - $2,255,271

As of today, 10/03/2024, the estimated market value of 4 Somerset Road, Nantucket considering the above 5 comparable properties is $2,255,271.

 

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
@ 4 Somerset Road 8/16/2001 $0 0 Ranch 1,352 0.93 3 1- -
  Criteria
A 54 Vesper Lane 6/13/2019 $0 0.0 Colonial 3,210 0.49 5 3-1
B 8 Somerset Road 7/26/1996 $120,000 0.0 Cape Cod 1,481 0.85 2 2-
C 2 Somerset Road 1/29/2020 $1,295,000 0.0 Colonial 2,191 0.23 4 2-1
D 14 Roberts Lane 4/17/2009 $285,000 0.0 Cape Cod 2,152 0.48 3 3-1
E 3 Somerset Road 12/15/2022 $4,249,999 0.1 Colonial 4,212 0.3 4 3-1
F 1 Somerset Road 6/3/2008 $750,000 0.1 Colonial 1,578 0.47 3 1-1
G 12 Roberts Lane 4/25/2003 $495,000 0.1 Colonial 1,741 0.47 3 4-
H 25 Roberts Lane 6/11/1998 $19,804,730 0.1 Family Conver. 1,920 0.76 5 2-
I 14 Hummock Pond Road 2/28/2023 $14,859 0.1 Colonial 1,902 0.31 4 2-1
J 7 Somerset Road 12/18/2017 $0 0.1 Ranch 2,700 0.57 3 3-1
K 50 Vesper Lane 4/3/1985 $1 0.1 Colonial 1,220 0.48 2 2-
L 10 Somerset Road 3/12/2018 $0 0.1 Dormitory 2,880 0.54 5 3-
M 10 Roberts Lane 8/29/2022 $2,275,000 0.1 Cape Cod 2,140 0.52 3 3-
N 5 Somerset Road 6/1/2007 $0 0.1 Ranch 1,248 0.32 3 1-
O 48 Vesper Lane 6/7/2004 $782,500 0.1 Cape Cod 2,396 0.47 3 2-1
P 16 Hummock Pond Road 11/10/1993 $100,000 0.1 Bungalow 744 0.46 2 1-
Q 21 Roberts Lane 7/15/1999 $0 0.1 Ranch 900 0.44 3 1-
R 11 Somerset Road 4/15/2005 $250,000 0.1 Colonial 2,800 0.47 5 2-
S 46 Vesper Lane 9/23/2020 $4,000,000 0.1 Colonial 3,508 0.47 4 5-1
T 1-A Manchester Circle 6/25/2007 $0 0.1 Cape Cod 2,755 0.28 9 3-
U 8 Roberts Lane 6/29/2022 $0 0.1 Cape Cod 1,344 0.47 3 2-1
V 18 Hummock Pond Road 3/15/2001 $100,000 0.1 Colonial 2,720 0.46 3 2-1
W 19 Roberts Lane 4/23/1996 $200,000 0.1 Cape Cod 2,257 0.54 5 2-1
X 13 Somerset Road 2/1/2021 $0 0.1 Ranch 1,456 0.46 1 2-
Y 0 Vesper Lane $0 0.1 Vacant Land 11.43 -
Z 44 Vesper Lane 6/6/2016 $0 0.1 Ranch 2,292 0.81 4 3-
- 15 Somerset Road 1/26/1995 $0 0.1 Colonial 1,330 0.76 2 2-
- 5 Hussey Farm Road 1/3/2006 $0 0.1 Colonial 1,729 0.54 4 2-
- 7 Hussey Farm Road 10/21/2013 $50,000 0.1 Vacant Land 0.57 -
- 17 Roberts Lane-Lot 102 1/29/2003 $0 0.1 Vacant Land 1.68 -
Averages 5768 days $1,159,070 0.08 --- 1,894 0.9 --- ---  
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 21 4 Somerset Road