8 Heath Lane, Nantucket, MA 02554

Owner Information
Owner 1
Andrew M Dean & Anna
Owner 2
Owner's Address
8 Heath Lane Nantucket, MA 02554
Market Sale Information
Most recent sale date
6/15/2022
Previous sale date
04/06/1998
Transfer document #
C28857-
Previous transfer document
C0018-0333
Grantor
Dennis W Skidmore
Previous grantor
John Bevacqua
Most recent sale price
$1,160,000.00
Previous sale price
$382,500.00
Site Information
Property ID
72-46
Lot Size
0.4
Use Code
101 - Residential, single family
Zoning
LUG3
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1994
Number of full baths
4
Condition
Number of half baths
Finished Area
2395
Number of Kitchen
1
Gross Living Area
4864
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
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$972,300.00
Total value
$1,765,400.00
Building value
$793,100.00
Estimated tax
$5,525.00
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 Heath Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $484.34 Style Cape Cod Age 1994 Rooms Bedrooms 4 Full baths 4 Half baths Gross Living Area 4864 Heating Fuel Hot Water Detached Garage Lot Size 0.4 Roof Cover Wood Shingle AEM Value - Building $793,100.00 AEM Value - Land $972,300.00 AEM Value - Other $0.00 AEM Value - Total $1,765,400.00
A) 12 Jonathan Way 0.6 10/1/2024 $2,300,000 2,240 2 $1026.79 Colonial 1979 3 2 1 2776 Forced Air-Duc 1.56 Asph/F Gls/Cmp $1,301,600 $1,335,500 $0 $2,637,100
B) 10 Mayhew Road 0.9 8/22/2024 $3,300,000 1,944 2 $1697.53 Colonial 1996 4 3 1 2432 Hot Water 0.11 Asph/F Gls/Cmp $1,157,500 $1,578,000 $0 $2,735,500
C) 24 Wanoma Way 1.0 8/20/2024 $4,150,000 2,384 2 $1740.77 Colonial 2010 8 4 2 2 4280 Forced Air-Duc 0.11 Wood Shingle $2,116,000 $1,578,000 $0 $3,694,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Heath Lane 6/15/2022 $1,160,000 0 Cape Cod 2,395 0.4 4 4- -
  Criteria
A 12 Jonathan Way 10/1/2024 $2,300,000 0.6 Colonial 2,240 1.56 3 2-1
B 10 Mayhew Road 8/22/2024 $3,300,000 0.9 Colonial 1,944 0.11 4 3-1
C 24 Wanoma Way 8/20/2024 $4,150,000 1.0 Colonial 2,384 0.11 4 2-2
Averages 72 days $3,250,000 0.85 --- 2,189 0.59 --- ---  

Estimation of Market Value - $2,726,887

As of today, 11/15/2024, the estimated market value of 8 Heath Lane, Nantucket considering the above 3 comparable properties is $2,726,887.

 

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 Heath Lane 6/15/2022 $1,160,000 0 Cape Cod 2,395 0.4 4 4- -
  Criteria
A 6 Heath Lane 11/7/2011 $1,100,000 0.0 Colonial 2,842 0.42 3 3-
B 3 Heath Lane 9/15/2004 $0 0.0 Vacant Land 0.45 -
C 4 Heath Lane 7/1/2013 $1,025,000 0.0 Colonial 2,050 0.51 3 3-1
D 21 Lyons Lane 10/1/2019 $3,424,000 0.1 Cape Cod 3,326 1.08 4 3-1
E 7 Heath Lane 12/21/2021 $0 0.1 Colonial 1,602 0.63 3 2-1
F 23 Lyons Lane 8/29/2005 $1,695,000 0.1 Colonial 2,345 1.44 4 4-1
G 9 Heath Lane 12/7/2017 $0 0.1 Colonial 2,952 0.6 4 3-1
H 19 Lyons Lane 3/24/2022 $0 0.1 Cape Cod 2,297 0.94 3 2-1
I 15 Chuck Hollow Road 11/2/2022 $6,500,000 0.1 Colonial 4,104 2.76 6 6-1
J 13 Chuck Hollow Road 1/4/2005 $1,600,000 0.1 Cape Cod 1,971 1.5 5 5-1
K 15 Chuck Hollow Road-Lot 150 10/19/2001 $0 0.1 Outbuildings 0.88 -
L 27 Lyons Lane 10/7/2015 $0 0.1 Colonial 1,960 1.6 4 2-
M 25 Lyons Lane 3/22/2007 $0 0.1 Colonial 3,565 1.5 5 5-1
N 29 Lyons Lane 3/29/2013 $925,000 0.1 Cape Cod 3,912 1.5 5 5-1
O 17 Chuck Hollow Road 6/4/2012 $2,145,000 0.1 Cape Cod 1,823 2.84 3 2-1
P 17 Lyons Lane 12/17/2015 $1,000,000 0.1 Vacant Land 1.55 -
Q 11 Chuck Hollow Road 5/5/2003 $0 0.1 Cape Cod 1,404 1.5 3 2-
R 29 Longwood Drive 11/2/2022 $2,100,000 0.1 Colonial 1,376 1.03 3 2-1
Averages 4255 days $1,195,222 0.08 --- 2,085 1.26 --- ---  
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
72 46 8 Heath Lane