29 Somerset Lane, Nantucket, MA 02554

29 Somerset Lane Nantucket MA 02554
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Owner Information
Owner 1
David R Bartlett
Owner 2
Owner's Address
29 Somerset Lane Nantucket, MA 02554
Market Sale Information
Most recent sale date
1/27/2014
Previous sale date
12/21/2001
Transfer document #
01422-0041
Previous transfer document
00730-0081
Grantor
Philip D Bartlett
Previous grantor
Philip D Bartlett
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
66-134-3
Lot Size
1.84
Use Code
101 - Residential, single family
Zoning
R40
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
2013
Number of full baths
3
Condition
Number of half baths
1
Finished Area
1980
Number of Kitchen
Gross Living Area
4220
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
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
2024
Land Value
$813,200.00
Total value
$2,119,000.00
Building value
$1,305,800.00
Estimated tax
$6,632.00
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 29 Somerset Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 2013 Rooms Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area 4220 Heating Fuel Forced Air-Duc Detached Garage Lot Size 1.84 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,305,800.00 AEM Value - Land $813,200.00 AEM Value - Other $0.00 AEM Value - Total $2,119,000.00
A) 85 Somerset Road 0.2 3/12/2024 $2,950,000 2,069 1 $1425.81 Cape Cod 1998 2 2 1 4128 Hot Water 0.47 Asph/F Gls/Cmp $698,000 $741,600 $0 $1,439,600
B) 10 Aurora Way 0.5 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
C) 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
D) 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
@ 29 Somerset Lane 1/27/2014 $0 0 Cape Cod 1,980 1.84 3 3-1 -
  Criteria
A 85 Somerset Road 3/12/2024 $2,950,000 0.2 Cape Cod 2,069 0.47 2 2-1
B 10 Aurora Way 1/9/2024 $4,650,000 0.5 Colonial 2,468 0.18 4 3-1
C 8 Luff Road 5/9/2024 $1,900,000 0.7 Ranch 1,894 0.36 3 2-
D 8 Essex Road 5/15/2024 $1,900,000 1.0 Colonial 1,872 0.31 3 3-
Averages 102 days $2,850,000 0.61 --- 2,076 0.33 --- ---  

Estimation of Market Value - $2,938,461

As of today, 07/06/2024, the estimated market value of 29 Somerset Lane, Nantucket considering the above 4 comparable properties is $2,938,461.

 

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
@ 29 Somerset Lane 1/27/2014 $0 0 Cape Cod 1,980 1.84 3 3-1 -
  Criteria
A 31 Somerset Lane 1/15/2014 $1,150,000 0.0 Cape Cod 2,097 2.13 2 3-1
B 27 Somerset Lane 12/9/2020 $0 0.0 Cape Cod 4,575 1.84 3 5-1
C 33 Somerset Lane 8/10/2006 $540,000 0.1 Colonial 3,120 2.18 4 3-
D 24 Somerset Lane 9/20/2013 $750,000 0.1 Colonial 2,289 0.53 3 5-1
E 22 Somerset Lane 10/18/2017 $0 0.1 Colonial 1,632 0.53 3 2-
F 26 Somerset Lane 9/16/2010 $0 0.1 Colonial 1,680 0.92 3 2-
G 28 Somerset Lane 12/31/2020 $0 0.1 Colonial 1,376 1.04 3 1-
H 30 Somerset Lane 5/26/2023 $2,137,000 0.1 Colonial 1,896 0.49 2 2-
I 37 Somerset Lane 6/18/2008 $0 0.1 Colonial 1,932 1.87 3 2-
J 32 Somerset Lane 3/3/2021 $3,750,000 0.1 Custom Built 3,835 0.97 6 5-2
K 2 Catherine Lane 9/14/2015 $1,063,000 0.1 Ranch 1,999 0.56 4 2-1
L 3 Catherine Lane 7/30/2007 $0 0.1 Cape Cod 1,920 0.65 4 2-1
Averages 3441 days $782,500 0.09 --- 2,363 1.14 --- ---  
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 3 29 Somerset Lane