48 Vesper Lane, Nantucket, MA 02554

Owner Information
Owner 1
David R Cox
Owner 2
Owner's Address
60 Main Street Nantucket, MA 02554
Market Sale Information
Most recent sale date
6/7/2004
Previous sale date
04/30/1999
Transfer document #
00895-0072
Previous transfer document
00620-0001
Grantor
Johanna Md Shaw
Previous grantor
Patrick G Goode
Most recent sale price
$782,500.00
Previous sale price
$385,000.00
Site Information
Property ID
56-29
Lot Size
0.47
Use Code
109 - Multiple Houses on one parcel
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1995
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2396
Number of Kitchen
1
Gross Living Area
3822
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$741,600.00
Total value
$2,262,100.00
Building value
$1,520,500.00
Estimated tax
$7,419.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
57 Somerset Road48 Vesper Lane26 Milk Street$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 48 Vesper Lane A) 26 Milk StreetB) 57 Somerset Road
Photo
Plan
Map
Proximity 0.30.7
Last Sold 3/19/20251/27/2025
Price $1,187,500$1,950,000
Net Living Area 2,4732,195
Stories 21.75
Sale Price/sft $326.59$480.19$888.38
Style Cape CodAntiqueColonial
Age 199517701994
Rooms
Bedrooms 343
Full baths 232
Half baths 11
Gross Living Area 382237113226
Heating Fuel Forced Air-DucHot WaterHot Water
Detached Garage
Lot Size 0.470.240.46
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $1,520,500.00$3,238,100$1,048,000
AEM Value - Land $741,600.00$1,557,100$741,000
AEM Value - Other $0.00$0$0
AEM Value - Total $2,262,100.00$4,795,200$1,789,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 48 Vesper Lane 6/7/2004 $782,500 0 Cape Cod 2,396 0.47 3 2-1 -
  Criteria
A 26 Milk Street 3/19/2025 $1,187,500 0.3 Antique 2,473 0.24 4 3-1
B 57 Somerset Road 1/27/2025 $1,950,000 0.7 Colonial 2,195 0.46 3 2-
Averages 93 days $1,568,750 0.51 --- 2,334 0.35 --- ---  

Estimation of Market Value - $1,344,178

As of today, 05/25/2025, the estimated market value of 48 Vesper Lane, Nantucket considering the above 2 comparable properties is $1,344,178.

 

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
Subject Property17 Roberts Lane-Lot 1026 Cato Lane8 Cato Lane15 Polliwog Pond Road50 Vesper Lane8 Roberts Lane8 Somerset Road16 Cato Lane6 Roberts Lane12 Roberts Lane40 Vesper Lane4 Somerset Road42 Vesper Lane21 Cato Lane44 Vesper Lane38 Vesper Lane19 Roberts Lane19 Cato Lane35 Vesper Lane14 Roberts Lane2 Somerset Road4 Roberts Lane54 Vesper Lane10 Roberts Lane48 Vesper Lane0 Vesper Lane46 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
@ 48 Vesper Lane 6/7/2004 $782,500 0 Cape Cod 2,396 0.47 3 2-1 -
  Criteria
A 50 Vesper Lane 4/3/1985 $1 0.0 Colonial 1,220 0.48 2 2-
B 46 Vesper Lane 9/23/2020 $4,000,000 0.0 Colonial 3,508 0.47 4 5-1
C 44 Vesper Lane 6/6/2016 $0 0.0 Ranch 2,292 0.81 4 3-
D 8 Roberts Lane 6/29/2022 $0 0.0 Cape Cod 1,344 0.47 3 2-1
E 10 Roberts Lane 8/29/2022 $2,275,000 0.0 Cape Cod 2,140 0.52 3 3-
F 6 Roberts Lane 8/16/2019 $815,000 0.1 Ranch 1,760 0.47 4 3-
G 12 Roberts Lane 4/25/2003 $495,000 0.1 Colonial 1,741 0.47 3 4-
H 42 Vesper Lane 1/7/2003 $75,000 0.1 Colonial 2,240 0.34 4 2-1
I 4 Roberts Lane 10/20/2009 $0 0.1 Colonial 2,672 0.48 3 3-
J 54 Vesper Lane 6/13/2019 $0 0.1 Colonial 3,210 0.49 5 3-1
K 40 Vesper Lane 7/28/2016 $0 0.1 Ranch 1,180 0.35 3 1-
L 14 Roberts Lane 4/17/2009 $285,000 0.1 Cape Cod 2,152 0.48 3 3-1
M 19 Roberts Lane 4/23/1996 $200,000 0.1 Cape Cod 2,257 0.54 5 2-1
N 19 Cato Lane 9/24/1996 $125,000 0.1 Family Duplex 2,412 0.48 5 3-1
O 21 Roberts Lane 7/15/1999 $0 0.1 Ranch 900 0.44 3 1-
P 4 Somerset Road 8/16/2001 $0 0.1 Ranch 1,352 0.93 3 1-
Q 0 Vesper Lane $0 0.1 Vacant Land 11.43 -
R 8 Somerset Road 7/26/1996 $120,000 0.1 Cape Cod 1,481 0.85 2 2-
S 17 Roberts Lane-Lot 102 1/29/2003 $0 0.1 Vacant Land 1.68 -
T 2 Somerset Road 1/29/2020 $1,295,000 0.1 Colonial 2,191 0.23 4 2-1
U 21 Cato Lane $0 0.1 Ranch 1,785 0.77 3 2-
V 25 Roberts Lane 6/11/1998 $19,804,730 0.1 Family Conver. 1,920 0.76 5 2-
W 15 Roberts Lane 10/12/2018 $0 0.1 Colonial 4,187 1.32 4 3-1
X 10 Somerset Road 3/12/2018 $0 0.1 Dormitory 2,880 0.54 5 3-
Y 35 Vesper Lane 10/29/2003 $0 0.1 Ranch 728 0.34 2 1-
Z 15 Polliwog Pond Road 6/1/1982 $0 0.1 Cape Cod 2,059 0.18 4 3-
- 38 Vesper Lane 5/31/2005 $0 0.1 Colonial 1,624 1.08 4 2-1
- 8 Cato Lane 6/3/2003 $0 0.1 Vacant Land 0.11 -
- 16 Cato Lane 3/19/2015 $785,000 0.1 Family Duplex 2,352 0.16 5 3-
- 6 Cato Lane 6/3/2003 $0 0.1 Vacant Land 0.11 -
Averages 6515 days $1,009,158 0.08 --- 1,786 0.93 --- ---  
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 29 48 Vesper Lane