7 Luff Road, Nantucket, MA 02554

Owner Information
Owner 1
Bruce E Lafavre & Kathleen H
Owner 2
Owner's Address
P O Box 3016 Nantucket, MA 02584
Market Sale Information
Most recent sale date
3/10/1987
Previous sale date
Transfer document #
C0012-0992
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$85,000.00
Previous sale price
N/A
Site Information
Property ID
66-352
Lot Size
0.39
Use Code
101 - Residential, single family
Zoning
R10L
Building Style
Colonial
Number of Rooms
Stories
2.5
Number of Beds
3
Year Built
1988
Number of full baths
3
Condition
Number of half baths
Finished Area
3010
Number of Kitchen
1
Gross Living Area
4894
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
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$705,000.00
Total value
$1,884,400.00
Building value
$1,179,400.00
Estimated tax
$5,898.00
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 7 Luff Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $28.24 Style Colonial Age 1988 Rooms Bedrooms 3 Full baths 3 Half baths Gross Living Area 4894 Heating Fuel Hot Water Detached Garage Lot Size 0.39 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,179,400.00 AEM Value - Land $705,000.00 AEM Value - Other $0.00 AEM Value - Total $1,884,400.00
A) 8 Austin Farm Drive 0.7 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 0.8 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
@ 7 Luff Road 3/10/1987 $85,000 0 Colonial 3,010 0.39 3 3- -
  Criteria
A 8 Austin Farm Drive 3/1/2024 $8,500,000 0.7 Colonial 2,798 0.92 3 2-1
B 10 Aurora Way 1/9/2024 $4,650,000 0.8 Colonial 2,468 0.18 4 3-1
Averages 149 days $6,575,000 0.74 --- 2,633 0.55 --- ---  

Estimation of Market Value - $5,709,137

As of today, 07/01/2024, the estimated market value of 7 Luff Road, Nantucket considering the above 2 comparable properties is $5,709,137.

 

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
@ 7 Luff Road 3/10/1987 $85,000 0 Colonial 3,010 0.39 3 3- -
  Criteria
A 5 Luff Road 12/24/2019 $0 0.0 Colonial 1,904 0.35 3 2-1
B 9 Luff Road 7/22/2019 $0 0.0 Cape Cod 2,309 0.45 4 3-
C 6 Spinnaker Circle 5/23/2022 $2,258,000 0.0 Cape Cod 2,028 0.49 4 3-
D 4 Spinnaker Circle 11/29/2021 $0 0.0 Cape Cod 2,335 0.35 4 3-
E 8 Luff Road 5/9/2024 $1,900,000 0.0 Ranch 1,894 0.36 3 2-
F 6 Luff Road 3/30/2020 $0 0.0 Colonial 912 0.38 3 2-
G 3 Luff Road 10/8/2004 $780,000 0.0 Cape Cod 1,404 0.34 4 2-
H 2 Spinnaker Circle 3/26/2010 $0 0.0 Colonial 2,318 0.35 3 3-
I 4 Luff Road 3/29/2021 $0 0.0 Cape Cod 1,352 0.36 3 2-
J 11 Appleton Road 7/13/2007 $715,000 0.0 Cape Cod 1,437 0.23 4 4-1
K 13 Appleton Road 6/23/2010 $0 0.0 Cape Cod 1,224 0.23 4 2-
L 9 Appleton Road 3/1/2013 $398,000 0.1 Cape Cod 1,073 0.23 4 2-
M 3 Spinnaker Circle 12/16/2022 $918,750 0.1 Colonial 1,705 0.37 3 3-
N 15 Appleton Road 11/18/2010 $0 0.1 Colonial 1,554 0.23 3 2-
O 11 Luff Road 7/28/1989 $94,500 0.1 Colonial 3,515 0.55 4 5-1
P 4 Rudder Lane 1/20/1989 $5,250 0.1 Cape Cod 1,704 0.41 3 2-1
Q 7 Appleton Road 9/28/2005 $0 0.1 Cape Cod 1,264 0.23 4 2-
R 10 Luff Road 5/15/2013 $0 0.1 Cape Cod 1,204 0.49 2 2-
S 1 Luff Road 1/8/2013 $0 0.1 Cape Cod 1,764 0.33 3 2-
T 17 Appleton Road 12/16/1993 $0 0.1 Ranch 2,054 0.23 3 3-
U 2 Luff Road 4/22/2013 $600,000 0.1 Cape Cod 1,120 0.34 3 1-1
V 1 Friendship Lane 1/8/2014 $563,500 0.1 Colonial 2,332 0.47 4 3-
W 5 Appleton Road 1/22/2021 $0 0.1 Cape Cod 1,520 0.23 4 3-
X 2 Rudder Lane 6/2/2020 $1,200,000 0.1 Cape Cod 3,024 0.38 4 3-1
Y 1 Spinnaker Circle 1/23/2007 $0 0.1 Cape Cod 1,932 0.47 3 2-
Z 19 Appleton Road 1/28/1998 $285,000 0.1 Colonial 2,533 0.23 3 3-
- 2 Salros Road 5/15/1998 $355,000 0.1 Dormitory 2,698 0.21 5 2-1
- 2 Cynthia Lane 6/14/2022 $2,175,000 0.1 Colonial 2,143 0.12 5 4-
- 3 Appleton Road 1/19/2017 $737,500 0.1 Colonial 1,288 0.23 3 2-
- 39 Bartlett Road 3/12/2020 $0 0.1 Ranch 1,586 0.25 3 1-1
- 3 Rudder Lane 5/31/2022 $2,195,000 0.1 Colonial 2,010 0.44 3 2-1
- 2 Friendship Lane 10/28/2019 $0 0.1 Cape Cod 2,632 0.46 4 3-1
- 3 Cynthia Lane 10/4/2016 $0 0.1 Family Duplex 2,464 0.11 5 3-1
- 1 Salros Road 11/1/2001 $575,000 0.1 Aptovrret/Off 2,478 0.24 5 3-
- 21 Appleton Road 7/8/2022 $1,375,000 0.1 Cape Cod 1,884 0.23 3 1-1
- 3 Friendship Lane 4/15/2020 $260,000 0.1 Colonial 1,797 0.19 3 2-1
- 20 Appleton Road 4/15/2021 $0 0.1 Colonial 2,828 0.13 3 3-
- 8 Rudder Lane 5/31/2019 $0 0.1 Vacant Land 0.39 -
- 1 Topping Lift 3/15/2010 $600,000 0.1 Colonial 1,512 0.51 3 2-
- 4 Cynthia Lane 6/25/2004 $325,000 0.1 Colonial 2,820 0.12 3 2-1
- 10 Appleton Road 10/3/2000 $0 0.1 Ranch 1,120 0.22 3 1-
- 1 Appleton Road 10/6/2015 $670,000 0.1 Cape Cod 1,012 0.24 3 2-
- 8 Mizzenmast 9/21/2016 $1,120,000 0.1 Cape Cod 1,776 0.28 3 2-
- 5 Cynthia Lane 6/13/2000 $595,000 0.1 Dormitory 2,464 0.11 6 4-
- 23 Appleton Road 12/1/2005 $0 0.1 Cape Cod 2,387 0.23 3 3-
- 22 Appleton Road 2/19/2009 $0 0.1 Family Duplex 3,258 0.27 4 4-1
- 5 Friendship Lane 4/25/2018 $1,100,000 0.1 Cape Cod 1,376 0.46 3 2-
- 8 Appleton Road 3/16/2000 $0 0.1 Colonial 2,080 0.31 3 2-1
- 4 Salros Road 8/26/2011 $500,000 0.1 Warehouse 2,250 0.22 0 0-
- 2 Equator Drive 1/8/2018 $830,000 0.1 Colonial 3,122 0.46 4 3-
- 4 Appleton Road $0 0.1 Cape Cod 1,744 0.18 4 3-
- 2 Topping Lift 9/21/2018 $1,295,000 0.1 Colonial 2,972 0.61 5 4-2
- 5 Rudder Lane 10/27/1992 $275,000 0.1 Colonial 1,762 0.5 2 2-
- 12 Appleton Road 11/16/2022 $1,400,000 0.1 Colonial 1,680 0.36 3 2-
- 4 Equator Drive 7/8/2021 $1,715,000 0.1 Cape Cod 1,896 0.46 4 3-1
- 3 Salros Road 12/28/2023 $1,650,000 0.1 Family Conver. 2,460 0.22 4 3-
- 7 Cynthia Lane 6/15/2016 $265,511 0.1 Family Duplex 2,800 0.11 6 4-
- 4 Nobska Way 12/6/2022 $0 0.1 Cape Cod 1,901 0.43 4 1-1
- 25 Appleton Road 8/5/2002 $470,000 0.1 Cape Cod 2,220 0.23 4 4-1
- 10 Rudder Lane 12/15/2009 $0 0.1 Cape Cod 2,626 0.4 5 4-1
- 37 Bartlett Road $0 0.1 Clubs/Lodges 4,480 0.51 0 2-
- 10 Mizzenmast 2/2/2007 $0 0.1 Cape Cod 1,608 0.42 3 3-1
- 71 Cato Lane 11/30/2016 $0 0.1 Ranch 720 0.63 3 1-
- 3 Topping Lift 12/9/2002 $0 0.1 Colonial 2,196 0.4 4 4-
- 2 Appleton Road 11/30/2012 $510,000 0.1 Colonial 1,456 0.14 3 2-
- 6 Equator Drive 11/1/2017 $775,000 0.1 Cape Cod 2,215 0.46 2 2-1
- 7 Friendship Lane 8/6/2014 $0 0.1 Colonial 1,504 0.46 3 2-
- 8 Cynthia Lane 10/31/2002 $600,000 0.1 Family Duplex 2,186 0.12 5 3-
- 5 Mizzenmast 5/29/1996 $105,000 0.1 Colonial 1,872 0.43 4 3-
- 9 Cynthia Lane 2/25/2000 $160,000 0.1 Family Duplex 2,496 0.11 6 5-
- 24 Appleton Road $0 0.1 Ranch 964 0.42 2 1-
Averages 4513 days $455,648 0.08 --- 1,974 0.33 --- ---  
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
66 352 7 Luff Road