2 Lovers Lane, Nantucket, MA 02554

2 Lovers Lane Nantucket MA 02554
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Owner Information
Owner 1
2 Lovers Lane LLC
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
5/20/2024
Previous sale date
10/10/2014
Transfer document #
D179613-0
Previous transfer document
C0025381-
Grantor
Richmond Great Point Devop LLC
Previous grantor
Kim Glowacki
Most recent sale price
$1,300,000.00
Previous sale price
$950,000.00
Site Information
Property ID
68-203
Lot Size
0.49
Use Code
322 - Discount and Department Stores
Zoning
CN
Building Style
Store
Number of Rooms
Stories
1
Number of Beds
0
Year Built
1986
Number of full baths
2
Condition
Number of half baths
Finished Area
2112
Number of Kitchen
Gross Living Area
2112
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Concr Abv Grad
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,481,400.00
Total value
$2,234,300.00
Building value
$752,900.00
Estimated tax
$11,841.00
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 2 Lovers Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $615.53 Style Store Age 1986 Rooms Bedrooms 0 Full baths 2 Half baths Gross Living Area 2112 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.49 Roof Cover Asph/F Gls/Cmp AEM Value - Building $752,900.00 AEM Value - Land $1,481,400.00 AEM Value - Other $0.00 AEM Value - Total $2,234,300.00
A) 57 Old South Road 0.0 5/17/2024 $550,000 1,936 1 $284.09 Store 1968 0 2 1 2417 Forced Air-Duc 0.53 Asph/F Gls/Cmp $1,088,600 $1,462,900 $0 $2,551,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Lovers Lane 5/20/2024 $1,300,000 0 Store 2,112 0.49 0 2- -
  Criteria
A 57 Old South Road 5/17/2024 $550,000 0.0 Store 1,936 0.53 0 2-1
Averages 117 days $550,000 0.03 --- 1,936 0.53 --- ---  

Estimation of Market Value - $540,812

As of today, 09/10/2024, the estimated market value of 2 Lovers Lane, Nantucket considering the above 1 comparable properties is $540,812.

 

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
@ 2 Lovers Lane 5/20/2024 $1,300,000 0 Store 2,112 0.49 0 2- -
  Criteria
A 4 Lovers Lane 9/24/2021 $1,550,000 0.0 Warehouse 3,778 0.37 -
B 57 Old South Road 5/17/2024 $550,000 0.0 Store 1,936 0.53 0 2-1
C 6 Lovers Lane 12/30/2021 $4,000,000 0.0 Office/Warehs 2,528 0.97 2-
D 59 Old South Road 8/14/2017 $835,000 0.1 Store 3,868 0.93 -
E 58 Old South Road 8/22/2008 $23,769,700 0.1 Dormitory 3,915 0.17 9 5-
F 56 Old South Road 10/16/2000 $410,000 0.1 Commercial 630 0.2 0 1-
G 62 Old South Road 1/11/2005 $0 0.1 Aptovrret/Off 1,688 0.58 2 2-
H 60 Old South Road 1/11/2005 $0 0.1 Warehouse 2,900 1.18 0 0-
I 68 Old South Road 5/31/1990 $0 0.1 Aptovrret/Off 3,379 0.22 3 2-
J 54 Old South Road 10/23/2014 $2,381,818 0.1 Aptovrret/Off 5,309 0.43 6 6-1
K 99 Goldfinch Drive 8/8/2013 $600,000 0.1 Office Bldg 2,742 0.23 1 1-
L 66 Old South Road 5/31/1990 $0 0.1 Aptovrret/Off 2,816 0.4 4 2-
M 10 Lovers Lane 1/5/2004 $615,000 0.1 Ranch 1,828 0.54 2 2-
N 54 Old South Road Unit 3 10/23/2014 $350,000 0.1 Office Bldg 1,459 0.68 1-
O 1 Chicory Place 3/2/2017 $1,475,000 0.1 Apartments 4,292 0.23 8 8-
P 95 Goldfinch Drive 1/26/2000 $1,000,000 0.1 Other Municipa 525 0.13 -
Q 67 Old South Road 12/6/2022 $363,780 0.1 Vacant Land 0.33 -
R 93 Goldfinch Drive 12/3/2015 $655,000 0.1 Cape Cod 930 0.12 3 2-1
S 12 Lovers Lane 4/14/2017 $0 0.1 Ranch 1,600 0.54 3 2-
T 91 Goldfinch Drive 11/6/2020 $1,150,000 0.1 Colonial 2,025 0.12 4 3-1
U 3 Chicory Place 3/2/2017 $1,475,000 0.1 Apartments 4,292 0.34 8 8-
V 24 Bluebird Lane 10/1/2013 $775,000 0.1 Cape Cod 2,124 0.17 3 3-
Averages 4730 days $1,907,059 0.09 --- 2,480 0.43 --- ---  
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
68 203 2 Lovers Lane