85 Somerset Road, Nantucket, MA 02554

85 Somerset Road Nantucket MA 02554
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Owner Information
Owner 1
Kristiana Kay Snyder
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
3/12/2024
Previous sale date
2/19/2019
Transfer document #
1969-259
Previous transfer document
01682-0322
Grantor
8teefore Real Estate LLC
Previous grantor
Mitchell A Hoffman
Most recent sale price
$2,950,000.00
Previous sale price
$0.00
Site Information
Property ID
66-80
Lot Size
0.47
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
2
Year Built
1998
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2069
Number of Kitchen
1
Gross Living Area
4128
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
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
$741,600.00
Total value
$1,439,600.00
Building value
$698,000.00
Estimated tax
$4,505.00
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 85 Somerset Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,425.81 Style Cape Cod Age 1998 Rooms Bedrooms 2 Full baths 2 Half baths 1 Gross Living Area 4128 Heating Fuel Hot Water Detached Garage Lot Size 0.47 Roof Cover Asph/F Gls/Cmp AEM Value - Building $698,000.00 AEM Value - Land $741,600.00 AEM Value - Other $0.00 AEM Value - Total $1,439,600.00
A) 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
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
C) 8 Essex Road 0.8 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
@ 85 Somerset Road 3/12/2024 $2,950,000 0 Cape Cod 2,069 0.47 2 2-1 -
  Criteria
A 8 Luff Road 5/9/2024 $1,900,000 0.6 Ranch 1,894 0.36 3 2-
B 10 Aurora Way 1/9/2024 $4,650,000 0.6 Colonial 2,468 0.18 4 3-1
C 8 Essex Road 5/15/2024 $1,900,000 0.8 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 111 days $2,675,000 0.75 --- 2,016 0.27 --- ---  

Estimation of Market Value - $2,377,825

As of today, 06/30/2024, the estimated market value of 85 Somerset Road, Nantucket considering the above 4 comparable properties is $2,377,825.

 

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
@ 85 Somerset Road 3/12/2024 $2,950,000 0 Cape Cod 2,069 0.47 2 2-1 -
  Criteria
A 44 Somerset Lane 3/29/2002 $0 0.0 Colonial 2,458 1.01 4 4-
B 86 Somerset Road 5/10/2005 $0 0.0 Pre-Eng Whse/Gar 5,400 0.75 -
C 83 Somerset Road 11/25/2019 $650,000 0.0 Colonial 512 0.47 1 1-
D 87 Somerset Road 2/14/2019 $275,000 0.0 Colonial 3,110 0.73 5 3-
E 16 Marble Way 1/17/2014 $375,000 0.0 Warehouse 2,304 0.23 2 1-1
F 42 Somerset Lane 12/24/2018 $0 0.0 Colonial 4,904 1.02 5 6-1
G 14 Marble Way 12/15/1999 $0 0.1 Ranch 792 0.4 2 1-
H 81 Somerset Road 6/18/1993 $177,000 0.1 Cape Cod 3,165 0.47 3 2-
I 4 Mikes Drive 4/12/2013 $415,000 0.1 Colonial 3,426 0.46 4 3-1
J 88 Somerset Road 3/22/1994 $65,000 0.1 Warehouse 2,996 0.95 -
K 12 Marble Way 4/1/1998 $265,000 0.1 Ranch 1,280 0.52 2 1-
L 40 Somerset Lane 9/11/2017 $0 0.1 Ranch 3,471 0.89 5 3-1
M 79 Somerset Road 7/31/2020 $0 0.1 Colonial 1,632 0.47 3 2-
N 89 Somerset Road Unit 2 12/10/2019 $0 0.1 Affordable Hsg 1,128 0 2 2-
O 87 Bartlett Road 10/31/2002 $0 0.1 Warehouse 2,560 0.92 0 0-
P 2 Mikes Drive 8/17/2021 $3,475,000 0.1 Custom Built 3,598 0.46 3 3-1
Q 4 Raceway Drive 10/15/2020 $1,300,000 0.1 Cape Cod 1,344 0.39 3 2-
R 1-A Clara Drive 3/11/2019 $0 0.1 Colonial 3,469 0.22 4 5-1
S 85 Bartlett Road 12/17/2020 $0 0.1 Colonial 1,776 1.19 3 2-
T 77 Somerset Road 6/15/2017 $795,000 0.1 Conventional 752 0.28 3 2-
U 91 Bartlett Road 11/1/2012 $0 0.1 Warehouse 4,027 0.97 0 0-
V 6 Raceway Drive 1/9/1995 $175,000 0.1 Cape Cod 1,613 0.36 3 1-1
W 10 Marble Way 1/5/1987 $94,630 0.1 Colonial 1,428 0.77 3 1-1
X 4 Hatch Circle 11/20/1992 $158,000 0.1 Cape Cod 1,354 0.28 3 2-1
Y 34 Somerset Lane 1/7/2005 $0 0.1 Cape Cod 2,924 0.97 3 3-1
Z 3 Raceway Drive 8/17/2022 $100 0.1 Custom Built 3,671 0.15 4 3-2
- 89-A-B Bartlett Road 8/28/1992 $64,000 0.1 Warehouse 10,840 2.02 0 2-1
- 83 Bartlett Road 2/18/2015 $0 0.1 Warehouse 2,348 0.92 0 0-
- 41 Somerset Lane 7/15/2004 $0 0.1 Modern/Contemp 3,082 1.63 3 4-1
- 8 Raceway Drive 1/11/2010 $0 0.1 Ranch 1,320 0.38 3 2-
- 80 Somerset Road 2/1/2021 $1 0.1 Affordable Hsg 1,680 0.21 3 2-
Averages 5428 days $267,217 0.08 --- 2,721 0.66 --- ---  
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 80 85 Somerset Road