33 Somerset Lane, Nantucket, MA 02554

33 Somerset Lane Nantucket MA 02554
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Owner Information
Owner 1
Cynthia Bartlett
Owner 2
33 Somerset Nominee Trust
Owner's Address
33 Somerset Ln Nantucket, MA 02554
Market Sale Information
Most recent sale date
8/10/2006
Previous sale date
01/27/1994
Transfer document #
01035-0261
Previous transfer document
00437-0058
Grantor
Mark S Bopp
Previous grantor
Philip D Bartlett
Most recent sale price
$540,000.00
Previous sale price
$0.00
Site Information
Property ID
66-134-1
Lot Size
2.18
Use Code
101 - Residential, single family
Zoning
R40
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1979
Number of full baths
3
Condition
Number of half baths
Finished Area
3120
Number of Kitchen
1
Gross Living Area
6396
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Salt Box
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
$847,700.00
Total value
$2,122,800.00
Building value
$1,275,100.00
Estimated tax
$6,644.00
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 33 Somerset Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $173.08 Style Colonial Age 1979 Rooms Bedrooms 4 Full baths 3 Half baths Gross Living Area 6396 Heating Fuel Hot Water Detached Garage Lot Size 2.18 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,275,100.00 AEM Value - Land $847,700.00 AEM Value - Other $0.00 AEM Value - Total $2,122,800.00
A) 8 Austin Farm Drive 0.4 3/1/2024 $8,500,000 2,798 2 $3037.88 Colonial 1994 3 2 1 4432 Forced Air-Duc 0.92 Wood Shingle $1,701,900 $1,217,000 $0 $2,918,900
B) 10 Aurora Way 0.6 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 33 Somerset Lane 8/10/2006 $540,000 0 Colonial 3,120 2.18 4 3- -
  Criteria
A 8 Austin Farm Drive 3/1/2024 $8,500,000 0.4 Colonial 2,798 0.92 3 2-1
B 10 Aurora Way 1/9/2024 $4,650,000 0.6 Colonial 2,468 0.18 4 3-1
Averages 154 days $6,575,000 0.47 --- 2,633 0.55 --- ---  

Estimation of Market Value - $6,093,297

As of today, 07/06/2024, the estimated market value of 33 Somerset Lane, Nantucket considering the above 2 comparable properties is $6,093,297.

 

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
@ 33 Somerset Lane 8/10/2006 $540,000 0 Colonial 3,120 2.18 4 3- -
  Criteria
A 31 Somerset Lane 1/15/2014 $1,150,000 0.0 Cape Cod 2,097 2.13 2 3-1
B 37 Somerset Lane 6/18/2008 $0 0.1 Colonial 1,932 1.87 3 2-
C 29 Somerset Lane 1/27/2014 $0 0.1 Cape Cod 1,980 1.84 3 3-1
D 39 Somerset Lane 3/7/2017 $2,222,500 0.1 Cape Cod 3,095 1.91 3 3-
E 27 Somerset Lane 12/9/2020 $0 0.1 Cape Cod 4,575 1.84 3 5-1
F 40 Somerset Lane 9/11/2017 $0 0.1 Ranch 3,471 0.89 5 3-1
G 32 Somerset Lane 3/3/2021 $3,750,000 0.1 Custom Built 3,835 0.97 6 5-2
H 30 Somerset Lane 5/26/2023 $2,137,000 0.1 Colonial 1,896 0.49 2 2-
I 34 Somerset Lane 1/7/2005 $0 0.1 Cape Cod 2,924 0.97 3 3-1
J 41 Somerset Lane 7/15/2004 $0 0.1 Modern/Contemp 3,082 1.63 3 4-1
K 28 Somerset Lane 12/31/2020 $0 0.1 Colonial 1,376 1.04 3 1-
L 24 Somerset Lane 9/20/2013 $750,000 0.1 Colonial 2,289 0.53 3 5-1
M 26 Somerset Lane 9/16/2010 $0 0.1 Colonial 1,680 0.92 3 2-
Averages 3561 days $769,962 0.09 --- 2,633 1.31 --- ---  
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
66 134 1 33 Somerset Lane