10 Somerset Lane, Nantucket, MA 02554

10 Somerset Lane Nantucket MA 02554
Owner Information
Owner 1
Edward G Hudzik & Sarah A
Owner 2
Hudzik Realty Trust
Owner's Address
10 Somerset Ln Nantucket, MA 02554
Market Sale Information
Most recent sale date
10/1/2017
Previous sale date
01/01/1979
Transfer document #
01664-0287
Previous transfer document
00168-0211
Grantor
Edward G Hudzik
Previous grantor
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
56-300
Lot Size
0.48
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
2
Year Built
1984
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1734
Number of Kitchen
1
Gross Living Area
3159
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood, Carpet
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$742,200.00
Total value
$1,361,200.00
Building value
$619,000.00
Estimated tax
$4,260.00
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 10 Somerset Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1984 Rooms Bedrooms 2 Full baths 1 Half baths 1 Gross Living Area 3159 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.48 Roof Cover Asph/F Gls/Cmp AEM Value - Building $619,000.00 AEM Value - Land $742,200.00 AEM Value - Other $0.00 AEM Value - Total $1,361,200.00
A) 8 Luff Road 0.7 5/9/2024 $1,900,000 1,894 1 $1003.17 Ranch 1994 3 2 6100 Hot Water 0.36 Asph/F Gls/Cmp $859,400 $703,200 $0 $1,562,600
B) 8 Essex Road 1.0 5/15/2024 $1,900,000 1,872 2 $1014.96 Colonial 2011 3 3 2808 Hot Water 0.31 Asph/F Gls/Cmp $815,600 $398,700 $0 $1,214,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 10 Somerset Lane 10/1/2017 $0 0 Cape Cod 1,734 0.48 2 1-1 -
  Criteria
A 8 Luff Road 5/9/2024 $1,900,000 0.7 Ranch 1,894 0.36 3 2-
B 8 Essex Road 5/15/2024 $1,900,000 1.0 Colonial 1,872 0.31 3 3-
Averages 146 days $1,900,000 0.86 --- 1,883 0.34 --- ---  

Estimation of Market Value - $1,806,183

As of today, 10/05/2024, the estimated market value of 10 Somerset Lane, Nantucket considering the above 2 comparable properties is $1,806,183.

 

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
@ 10 Somerset Lane 10/1/2017 $0 0 Cape Cod 1,734 0.48 2 1-1 -
  Criteria
A 12 Somerset Lane 12/1/2022 $5,500,000 0.0 Colonial 2,016 0.73 3 3-1
B 8-B Somerset Lane Unit 2 1/12/2007 $350,000 0.0 Affordable Hsg 576 0 1 1-
C 14 Somerset Lane 8/1/2022 $0 0.0 Ranch 1,530 0.93 3 1-
D 16 Somerset Lane 10/12/2016 $0 0.0 Cape Cod 1,985 0.97 3 2-
E 1 Austin Farm Drive 11/12/2019 $0 0.1 Cape Cod 2,218 0.92 3 2-
F 7 Austin Farm Drive 7/28/2021 $0 0.1 Colonial 4,646 0.94 4 4-1
G 5 Austin Farm Drive 3/26/1992 $79,000 0.1 Colonial 2,932 0.92 4 3-1
H 18 Somerset Lane $0 0.1 Outbuildings 0.46 -
I 3 Austin Farm Drive 2/2/2018 $0 0.1 Colonial 3,478 0.93 4 3-1
J 20 Somerset Lane $0 0.1 Colonial 1,440 0.46 3 2-
K 120 Hummock Pond Road 9/28/2005 $0 0.1 Vacant Land 3.64 -
L 9 Austin Farm Drive 7/1/2011 $0 0.1 Colonial 2,784 0.93 3 4-1
M 4 Catherine Lane $303,000 0.1 Cape Cod 1,723 0.81 3 3-
N 2 Austin Farm Drive 3/7/2013 $0 0.1 Colonial 3,272 0.96 4 2-1
O 2 Catherine Lane 9/14/2015 $1,063,000 0.1 Ranch 1,999 0.56 4 2-1
P 2 High Brush Path 11/3/2009 $0 0.1 Cape Cod 2,048 0.93 3 2-1
Q 12 Austin Farm Drive 12/20/2012 $1,407,012 0.1 Colonial 4,921 0.93 4 5-1
R 10 Austin Farm Drive 6/24/2016 $1,030,000 0.1 Colonial 4,979 0.93 6 3-1
S 109 Hummock Pond Road 2/27/2008 $400,000 0.1 Vacant Land 0.34 -
T 107 Hummock Pond Road 2/27/2008 $400,000 0.1 Vacant Land 0.34 -
U 1 New Hummock Circle 7/2/1993 $290,000 0.1 Cape Cod 3,254 0.92 3 2-1
V 8 Austin Farm Drive 3/1/2024 $8,500,000 0.1 Colonial 2,798 0.92 3 2-1
Averages 4422 days $878,273 0.08 --- 2,209 0.89 --- ---  
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
56 300 10 Somerset Lane