4 Somerset Road, Nantucket, MA 02554

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
2025
Land Value
$769,200.00
Total value
$1,529,300.00
Building value
$760,100.00
Estimated tax
$5,016.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
80 Somerset Road4 Miacomet Avenue7 Otokomi Road7 Skiff Lane66 Union Street4 Somerset Road23 West York Lane16 Federal Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 4 Somerset Road A) 7 Skiff LaneB) 23 West York LaneC) 80 Somerset RoadD) 4 Miacomet AvenueE) 16 Federal StreetF) 66 Union StreetG) 7 Otokomi Road
Photo
Plan
Map
Proximity 0.40.50.80.80.80.80.9
Last Sold 3/27/20254/28/20252/21/20253/31/20252/4/20253/26/202512/23/2024
Price $1,700,000$1,725,000$702,465$1,307,525$5,100,000$1,750,000$673,240
Net Living Area 1,5511,3021,6801,1551,5471,0891,544
Stories 1.751.751.751.751.51.752
Sale Price/sft $0.00$1096.07$1324.88$418.13$1132.06$3296.70$1606.98$436.04
Style RanchCape CodConventionalAffordable HsgColonialConventionalColonialColonial
Age 19602008193020041999190019531995
Rooms 5
Bedrooms 33233333
Full baths 13323222
Half baths 111
Gross Living Area 38772137184626402248175412501713
Heating Fuel Hot WaterHot WaterHot WaterHot WaterHot WaterForced Air-DucForced Air-DucHot Air-No Duc
Detached Garage
Lot Size 0.930.110.070.210.160.060.070.31
Roof Cover Asph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/Cmp
AEM Value - Building $760,100.00$776,600$1,223,000$423,700$539,700$1,165,200$535,200$623,000
AEM Value - Land $769,200.00$478,800$609,900$306,306$324,600$1,655,700$851,800$330,600
AEM Value - Other $0.00$0$0$0$0$0$0$0
AEM Value - Total $1,529,300.00$1,255,400$1,832,900$730,006$864,300$2,820,900$1,387,000$953,600
# 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 7 Skiff Lane 3/27/2025 $1,700,000 0.4 Cape Cod 1,551 0.11 3 3-1
B 23 West York Lane 4/28/2025 $1,725,000 0.5 Conventional 1,302 0.07 2 3-
C 80 Somerset Road 2/21/2025 $702,465 0.8 Affordable Hsg 1,680 0.21 3 2-
D 4 Miacomet Avenue 3/31/2025 $1,307,525 0.8 Colonial 1,155 0.16 3 3-
E 16 Federal Street 2/4/2025 $5,100,000 0.8 Conventional 1,547 0.06 3 2-1
F 66 Union Street 3/26/2025 $1,750,000 0.8 Colonial 1,089 0.07 3 2-1
G 7 Otokomi Road 12/23/2024 $673,240 0.9 Colonial 1,544 0.31 3 2-
Averages 98 days $1,851,176 0.73 --- 1,410 0.14 --- ---  

Estimation of Market Value - $1,894,236

As of today, 06/12/2025, the estimated market value of 4 Somerset Road, Nantucket considering the above 7 comparable properties is $1,894,236.

 

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 Copy to Clipboard
Subject Property17 Roberts Lane-Lot 1027 Hussey Farm Road50 Vesper Lane5 Somerset Road8 Roberts Lane1 Somerset Road8 Somerset Road14 Hummock Pond Road12 Roberts Lane4 Somerset Road1-A Manchester Circle11 Somerset Road44 Vesper Lane16 Hummock Pond Road19 Roberts Lane7 Somerset Road14 Roberts Lane2 Somerset Road5 Hussey Farm Road54 Vesper Lane10 Roberts Lane48 Vesper Lane13 Somerset Road0 Vesper Lane18 Hummock Pond Road3 Somerset Road46 Vesper Lane$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000Total Assessment ($)Total Assessment
# 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 6021 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