8 Bayberry Lane, Nantucket, MA 02554

8 Bayberry Lane Nantucket MA 02554
Owner Information
Owner 1
Dane House LLC
Owner 2
Owner's Address
18 Mary Ann Drive Nantucket, MA 02554
Market Sale Information
Most recent sale date
5/1/2020
Previous sale date
02/10/1993
Transfer document #
C27694-
Previous transfer document
COO15-0668
Grantor
Tamzin Carr Hutchinson
Previous grantor
Alan S Novick
Most recent sale price
$1,350,000.00
Previous sale price
$245,000.00
Site Information
Property ID
67-72
Lot Size
1.05
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Custom Built
Number of Rooms
Stories
1
Number of Beds
2
Year Built
1980
Number of full baths
1
Condition
Number of half baths
2
Finished Area
1680
Number of Kitchen
1
Gross Living Area
2112
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood, Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$776,400.00
Total value
$1,703,600.00
Building value
$927,200.00
Estimated tax
$5,332.00
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 8 Bayberry Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $803.57 Style Custom Built Age 1980 Rooms Bedrooms 2 Full baths 1 Half baths 2 Gross Living Area 2112 Heating Fuel Electr Basebrd Detached Garage Lot Size 1.05 Roof Cover Asph/F Gls/Cmp AEM Value - Building $927,200.00 AEM Value - Land $776,400.00 AEM Value - Other $0.00 AEM Value - Total $1,703,600.00
A) 21 Woodland Drive 0.5 6/24/2024 $1,255,000 1,260 1.5 $996.03 Cape Cod 1993 4 2 3588 Hot Water 0.47 Asph/F Gls/Cmp $517,300 $741,700 $0 $1,259,000
B) 11 Newtown Road 0.5 8/29/2024 $1,550,000 1,371 1 $1130.56 Ranch 1966 3 2 2634 Hot Water 0.24 Asph/F Gls/Cmp $712,800 $638,100 $0 $1,350,900
C) 24 Killdeer Lane 0.6 9/20/2024 $1,900,000 1,596 2 $1190.48 Colonial 1998 4 3 1 2651 Forced Air-Duc 0.15 Asph/F Gls/Cmp $826,000 $486,300 $0 $1,312,300
D) 26 Naushon Way 0.8 9/16/2024 $5,972,500 1,528 1.75 $3908.70 Conventional 1980 3 2 1 1956 Electr Basebrd 0.7 Asph/F Gls/Cmp $1,284,000 $1,211,000 $0 $2,495,000
E) 133 Surfside Road 0.8 9/18/2024 $3,200,000 1,986 1.75 $1611.28 Cape Cod 1996 3 2 4067 Hot Water 0.63 Asph/F Gls/Cmp $692,900 $1,200,900 $0 $1,893,800
F) 109 Old South Road 1.0 7/3/2024 $750,000 1,640 1 $457.32 Ranch 1960 3 2 3460 Hot Water 0.66 Asph/F Gls/Cmp $672,100 $661,100 $0 $1,333,200
G) 31 Surfside Road 1.0 5/23/2024 $2,125,000 1,404 2 $1513.53 Cape Cod 1989 3 2 3016 Hot Water 0.15 Asph/F Gls/Cmp $512,500 $511,100 $0 $1,023,600
H) 15 Bear Street 1.0 9/24/2024 $1,640,000 1,303 1 $1258.63 Cape Cod 1982 3 1 1 2040 Forced Air-Duc 0.12 Asph/F Gls/Cmp $488,400 $489,000 $0 $977,400
I) 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
@ 8 Bayberry Lane 5/1/2020 $1,350,000 0 Custom Built 1,680 1.05 2 1-2 -
  Criteria
A 21 Woodland Drive 6/24/2024 $1,255,000 0.5 Cape Cod 1,260 0.47 4 2-
B 11 Newtown Road 8/29/2024 $1,550,000 0.5 Ranch 1,371 0.24 3 2-
C 24 Killdeer Lane 9/20/2024 $1,900,000 0.6 Colonial 1,596 0.15 4 3-1
D 26 Naushon Way 9/16/2024 $5,972,500 0.8 Conventional 1,528 0.7 3 2-1
E 133 Surfside Road 9/18/2024 $3,200,000 0.8 Cape Cod 1,986 0.63 3 2-
F 109 Old South Road 7/3/2024 $750,000 1.0 Ranch 1,640 0.66 3 2-
G 31 Surfside Road 5/23/2024 $2,125,000 1.0 Cape Cod 1,404 0.15 3 2-
H 15 Bear Street 9/24/2024 $1,640,000 1.0 Cape Cod 1,303 0.12 3 1-1
I 8 Essex Road 5/15/2024 $1,900,000 1.0 Colonial 1,872 0.31 3 3-
Averages 64 days $2,254,722 0.79 --- 1,551 0.38 --- ---  

Estimation of Market Value - $2,565,193

As of today, 10/05/2024, the estimated market value of 8 Bayberry Lane, Nantucket considering the above 9 comparable properties is $2,565,193.

 

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
@ 8 Bayberry Lane 5/1/2020 $1,350,000 0 Custom Built 1,680 1.05 2 1-2 -
  Criteria
A 10 Bayberry Lane 8/26/2016 $1,300,000 0.0 Colonial 2,773 1.04 4 3-
B 6 Bayberry Lane 6/3/2021 $1,495,000 0.0 Colonial 1,697 0.96 3 2-1
C 12 Bayberry Lane 2/4/1993 $75,000 0.0 Colonial 2,896 0.93 4 3-
D 4 Bayberry Lane 5/9/1995 $355,000 0.1 Ranch 2,461 1.48 4 3-
E 14 Bayberry Lane 12/14/1992 $75,000 0.1 Cape Cod 1,309 0.85 3 2-
F 7 Bayberry Lane 9/6/2019 $0 0.1 Cape Cod 2,932 1.12 4 3-
G 9 Bayberry Lane 9/13/2011 $0 0.1 Cape Cod 1,680 1.06 4 2-
H 5 Bayberry Lane 2/23/1993 $0 0.1 Cape Cod 1,316 0.92 3 2-
I 2 Bayberry Lane 4/10/2013 $0 0.1 Colonial 3,753 1.11 4 3-1
J 11 Bayberry Lane 6/15/2017 $633,500 0.1 Cape Cod 1,882 0.88 3 3-1
K 3 Bayberry Lane 10/14/2022 $0 0.1 Colonial 2,000 0.86 3 2-
L 16 Bayberry Lane 6/26/2013 $0 0.1 Cape Cod 1,910 1.37 3 2-
M 13 Bayberry Lane $0 0.1 Colonial 2,520 0.9 4 2-1
N 1 Bayberry Lane 2/3/2020 $1,400,000 0.1 Cape Cod 2,456 0.99 3 3-
O 25 Ticcoma Way 1/13/2020 $0 0.1 Colonial 912 2.5 3 1-1
P 28 Rugged Road 8/28/2020 $0 0.1 Colonial 3,241 0.53 5 3-1
Averages 4862 days $333,344 0.08 --- 2,234 1.09 --- ---  
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
67 72 8 Bayberry Lane