30 Somerset Lane, Nantucket, MA 02554

30 Somerset Lane Nantucket MA 02554
Owner Information
Owner 1
Boathouse Partnerts Nantucket LLC
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
5/26/2023
Previous sale date
2/9/2022
Transfer document #
1938-242
Previous transfer document
1879-157
Grantor
Island Dog Holdings LLC
Previous grantor
Peter A Wallace
Most recent sale price
$2,137,000.00
Previous sale price
$0.00
Site Information
Property ID
66-71
Lot Size
0.49
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
2
Year Built
2003
Number of full baths
2
Condition
Number of half baths
Finished Area
1896
Number of Kitchen
Gross Living Area
3052
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
2024
Land Value
$742,800.00
Total value
$1,709,400.00
Building value
$966,600.00
Estimated tax
$5,350.00
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 30 Somerset Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,127.11 Style Colonial Age 2003 Rooms Bedrooms 2 Full baths 2 Half baths Gross Living Area 3052 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.49 Roof Cover Asph/F Gls/Cmp AEM Value - Building $966,600.00 AEM Value - Land $742,800.00 AEM Value - Other $0.00 AEM Value - Total $1,709,400.00
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) 8 Luff Road 0.6 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
C) 8 Essex Road 0.9 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
D) 16 Polliwog Pond Road 1.0 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 30 Somerset Lane 5/26/2023 $2,137,000 0 Colonial 1,896 0.49 2 2- -
  Criteria
A 85 Somerset Road 3/12/2024 $2,950,000 0.2 Cape Cod 2,069 0.47 2 2-1
B 8 Luff Road 5/9/2024 $1,900,000 0.6 Ranch 1,894 0.36 3 2-
C 8 Essex Road 5/15/2024 $1,900,000 0.9 Colonial 1,872 0.31 3 3-
D 16 Polliwog Pond Road 1/9/2024 $2,250,000 1.0 Cape Cod 1,830 0.24 5 2-
Averages 99 days $2,250,000 0.64 --- 1,916 0.35 --- ---  

Estimation of Market Value - $2,469,778

As of today, 07/04/2024, the estimated market value of 30 Somerset Lane, Nantucket considering the above 4 comparable properties is $2,469,778.

 

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
@ 30 Somerset Lane 5/26/2023 $2,137,000 0 Colonial 1,896 0.49 2 2- -
  Criteria
A 32 Somerset Lane 3/3/2021 $3,750,000 0.0 Custom Built 3,835 0.97 6 5-2
B 28 Somerset Lane 12/31/2020 $0 0.0 Colonial 1,376 1.04 3 1-
C 34 Somerset Lane 1/7/2005 $0 0.0 Cape Cod 2,924 0.97 3 3-1
D 26 Somerset Lane 9/16/2010 $0 0.0 Colonial 1,680 0.92 3 2-
E 24 Somerset Lane 9/20/2013 $750,000 0.1 Colonial 2,289 0.53 3 5-1
F 2 Mikes Drive 8/17/2021 $3,475,000 0.1 Custom Built 3,598 0.46 3 3-1
G 3 Catherine Lane 7/30/2007 $0 0.1 Cape Cod 1,920 0.65 4 2-1
H 40 Somerset Lane 9/11/2017 $0 0.1 Ranch 3,471 0.89 5 3-1
I 5 Catherine Lane 5/31/2011 $760,500 0.1 Cape Cod 1,117 0.71 2 2-
J 22 Somerset Lane 10/18/2017 $0 0.1 Colonial 1,632 0.53 3 2-
K 4 Mikes Drive 4/12/2013 $415,000 0.1 Colonial 3,426 0.46 4 3-1
L 7 Catherine Lane 6/29/2015 $0 0.1 Cape Cod 1,872 0.46 4 3-
M 42 Somerset Lane 12/24/2018 $0 0.1 Colonial 4,904 1.02 5 6-1
N 31 Somerset Lane 1/15/2014 $1,150,000 0.1 Cape Cod 2,097 2.13 2 3-1
O 29 Somerset Lane 1/27/2014 $0 0.1 Cape Cod 1,980 1.84 3 3-1
P 33 Somerset Lane 8/10/2006 $540,000 0.1 Colonial 3,120 2.18 4 3-
Q 27 Somerset Lane 12/9/2020 $0 0.1 Cape Cod 4,575 1.84 3 5-1
R 2 Catherine Lane 9/14/2015 $1,063,000 0.1 Ranch 1,999 0.56 4 2-1
S 44 Somerset Lane 3/29/2002 $0 0.1 Colonial 2,458 1.01 4 4-
Averages 3779 days $626,500 0.08 --- 2,646 1.01 --- ---  
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 71 30 Somerset Lane