4 Elbow Lane, Nantucket, MA 02554

4 Elbow Lane Nantucket MA 02554
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Owner Information
Owner 1
Kenneth A Fahrman & Marilyn
Owner 2
Owner's Address
P O Box 778 Siasconset, MA 02564
Market Sale Information
Most recent sale date
8/9/2002
Previous sale date
10/02/2000
Transfer document #
00769-0332
Previous transfer document
00672-0156
Grantor
William G Sullivan
Previous grantor
William G Sullivan
Most recent sale price
$995,000.00
Previous sale price
$0.00
Site Information
Property ID
7324-30
Lot Size
0.12
Use Code
101 - Residential, single family
Zoning
SOH
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1924
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1861
Number of Kitchen
1
Gross Living Area
2372
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gambrel
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,913,000.00
Total value
$2,665,800.00
Building value
$752,800.00
Estimated tax
$8,743.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
1 Chapel Street4 Elbow Lane34 Baxter Road21 Ocean Avenue$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 4 Elbow Lane A) 1 Chapel StreetB) 21 Ocean AvenueC) 34 Baxter Road
Photo
Plan
Map
Proximity 0.10.10.6
Last Sold 4/22/20254/28/20254/18/2025
Price $2,700,000$5,000,000$3,900,000
Net Living Area 1,4122,0871,852
Stories 121
Sale Price/sft $534.66$1912.18$2395.78$2105.83
Style ColonialConventionalColonialRanch
Age 1924193019001950
Rooms 6
Bedrooms 3353
Full baths 2222
Half baths 1111
Gross Living Area 2372192930772130
Heating Fuel Hot WaterForced Air-DucElectr BasebrdElectr Basebrd
Detached Garage
Lot Size 0.120.040.130.27
Roof Cover Asph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $752,800.00$1,494,900$736,600$1,260,000
AEM Value - Land $1,913,000.00$800,200$4,360,500$1,465,940
AEM Value - Other $0.00$0$0$0
AEM Value - Total $2,665,800.00$2,295,100$5,097,100$2,725,940
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 4 Elbow Lane 8/9/2002 $995,000 0 Colonial 1,861 0.12 3 2-1 -
  Criteria
A 1 Chapel Street 4/22/2025 $2,700,000 0.1 Conventional 1,412 0.04 3 2-1
B 21 Ocean Avenue 4/28/2025 $5,000,000 0.1 Colonial 2,087 0.13 5 2-1
C 34 Baxter Road 4/18/2025 $3,900,000 0.6 Ranch 1,852 0.27 3 2-1
Averages 37 days $3,866,667 0.27 --- 1,784 0.15 --- ---  

Estimation of Market Value - $3,545,267

As of today, 05/29/2025, the estimated market value of 4 Elbow Lane, Nantucket considering the above 3 comparable properties is $3,545,267.

 

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
Copy to Clipboard
Subject Property21 Codfish Park Road11 Beach Street9 Park Lane12 Center Sias Street16 Broadway2 New Sias Street10 Center Sias Street4 Broadway7 Beach Street14 Broadway15 Broadway7 Broadway14 Center Sias Street18 Broadway6 Center Sias Street7 Bank Street13 Broadway17 Broadway9 Beach Street1 New Sias Street19 Broadway3 New Sias Street7 Front Street0 New Sias Street4 Elbow Lane15 Beach Street4 Shell Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 4 Elbow Lane 8/9/2002 $995,000 0 Colonial 1,861 0.12 3 2-1 -
  Criteria
A 2 Elbow Lane 7/1/1982 $0 0.0 Antique 933 0.05 3 1-1
B 6 Elbow Lane 1/30/2023 $2,800,000 0.0 Antique 1,463 0.14 2 1-
C 1 Elbow Lane 1/24/2020 $1,950,000 0.0 Colonial 2,016 0.16 4 2-
D 2 Main Sias Street $0 0.0 Outbuildings 0.14 -
E 5 Elbow Lane 9/29/2020 $1,666,625 0.0 Antique 1,104 0.12 4 1-
F 4 Main Sias Street 1/26/2024 $5,200,000 0.0 Aptovrret/Off 3,408 0.08 4 2-
G 9 Gully Road 1/24/2020 $1,950,000 0.0 Vacant Land 0.07 -
H 3 Elbow Lane 8/2/2007 $3,600,000 0.0 Conventional 2,190 0.21 3 2-1
I 8 Main Sias Street 2/2/2017 $0 0.0 Aptovrret/Off 2,158 0.04 2 2-
J 6 Main Sias Street 4/21/2019 $0 0.0 Aptovrret/Off 1,955 0.05 2 2-
K 1 Broadway 4/13/2000 $0 0.0 Conventional 1,724 0.04 5 2-
L 3 Grand Avenue 3/30/2021 $3,300,000 0.0 Colonial 3,810 0.14 5 6-1
M 7 Elbow Lane 11/14/2007 $0 0.0 Conventional 3,625 0.46 5 4-
N 2 Broadway 11/8/2018 $0 0.0 Antique 1,911 0.08 4 1-
O 1 Ocean Avenue 11/18/2011 $0 0.0 Antique 8,523 0.85 5 5-1
P 1 Grand Avenue 12/12/1989 $495,000 0.0 Conventional 1,264 0.12 3 2-
Q 5 Gully Road 8/24/2012 $1,600,000 0.0 Cape Cod 1,998 0.16 3 3-
R 4 Codfish Park Road 10/18/1995 $0 0.0 Vacant Land 0.38 -
S 3 Broadway 11/15/1990 $250,000 0.0 Conventional 1,844 0.05 3 2-1
T 5 Main Sias Street 10/1/2013 $2,740,000 0.0 Custom Built 3,882 0.2 4 4-1
U 2 Center Sias Street 10/19/2021 $1,800,000 0.0 Antique 1,243 0.09 3 1-1
V 5 Grand Avenue 9/26/2008 $200,000 0.1 Custom Built 3,079 0.12 4 3-1
W 4 Broadway $0 0.1 Antique 738 0.06 2 1-
X 8 Codfish Park Road 12/31/2012 $0 0.1 Vacant Land 0.39 -
Y 5 Broadway 12/28/1992 $0 0.1 Bungalow 462 0.07 1 1-
Z 3 Gully Road 9/17/1990 $587,500 0.1 Conventional 2,144 0.16 3 2-
- 5 Front Street 12/28/1992 $0 0.1 Vacant Land 0.04 -
- 6 Grand Avenue 11/18/2011 $0 0.1 Colonial 1,482 0.17 2 2-
- 1 Bank Street 6/26/2009 $0 0.1 Colonial 812 0.07 3 1-
- 10 Codfish Park Road $250,000 0.1 Outbuildings 0.2 -
- 5 Ocean Avenue 11/18/2011 $0 0.1 Vacant Land 0.13 -
- 4 Shell Street 9/24/2008 $2,200,000 0.1 Colonial 1,945 0.1 3 2-
- 9 Park Lane 10/11/1990 $0 0.1 Cottage 384 0.04 1 1-
- 7 Grand Avenue 12/23/2019 $650,000 0.1 Conventional 1,232 0.22 3 2-
- 6 Center Sias Street 8/18/2023 $2,650,000 0.1 Antique 1,246 0.03 3 2-
- 16 Main Sias Street 9/14/2022 $0 0.1 Ranch 2,522 0.74 4 3-
- 6 Broadway 10/7/2002 $650,000 0.1 Antique 696 0.04 2 1-
- 7 Broadway 10/14/1999 $640,000 0.1 Antique 615 0.04 3 1-
- 7 Ocean Avenue 10/3/2016 $0 0.1 Bungalow 336 0.03 1 1-
- 5 Bank Street 7/31/2020 $0 0.1 Bungalow 466 0.05 1 1-
- 7-R Ocean Avenue 11/15/1999 $330,000 0.1 Bungalow 267 0.04 1 1-
- 8 Broadway 9/7/2017 $1,550,000 0.1 Antique 1,255 0.04 4 2-
- 7 Front Street 1/2/1991 $100 0.1 Cape Cod 1,002 0.06 3 1-1
- 2 New Sias Street 8/31/2021 $0 0.1 Bungalow 930 0.08 3 1-
- 12 Codfish Park Road 4/7/2021 $1,850,000 0.1 Cape Cod 1,457 0.11 2 2-
- 8 Grand Avenue 10/29/2021 $2,050,000 0.1 Antique 1,339 0.13 3 1-2
- 0 New Sias Street 11/14/2016 $1,124,100 0.1 Conventional 1,782 0.04 2 3-
- 7 Bank Street 6/19/2020 $1,050,000 0.1 Conventional 1,243 0.05 2 2-1
- 9 Broadway 3/18/2021 $2,350,000 0.1 Conventional 1,775 0.04 3 3-
- 9 Ocean Avenue 7/27/1990 $0 0.1 Cottage 324 0.03 1 1-
- 3 Cottage Avenue 1/12/2021 $670,000 0.1 Cottage 407 0.03 1 1-
- 11 Grand Avenue 10/20/1986 $0 0.1 Vacant Land 0.11 -
- 10 Beach Street 10/17/2019 $600,000 0.1 Cape Cod 934 0.05 1 2-1
- 10 New Sias Street $0 0.1 Clubs/Lodges 8,368 2.09 2 2-
- 8 Ocean Avenue Unit 3 $0 0.1 Vacant Land 0.06 -
- 5 Cottage Avenue 1/9/2004 $600,000 0.1 Bungalow 463 0.03 1 1-
- 11 Cottage Avenue 8/8/2016 $0 0.1 Cape Cod 2,691 0.42 5 5-1
- 9 Front Street 3/18/2021 $2,350,000 0.1 Vacant Land 0.01 -
- 10 Broadway 9/27/2017 $0 0.1 Antique 1,003 0.08 3 2-
- 9 Cottage Avenue 10/20/1986 $0 0.1 Vacant Land 0.11 -
- 10 Grand Avenue 4/12/1999 $335,000 0.1 Bungalow 408 0.03 1 1-
- 11 Broadway 12/11/2012 $0 0.1 Antique 1,902 0.03 5 2-
- 16 Codfish Park Road 7/12/2011 $0 0.1 Conventional 1,224 0.11 2 2-
- 8 Bank Street 10/5/2020 $683,000 0.1 Bungalow 387 0.03 1 1-
- 19 Main Sias Street 12/15/2009 $0 0.1 Antique 4,722 0.24 3 5-2
- 11 Ocean Avenue $0 0.1 Bungalow 612 0.03 1 2-
- 1 Folgers Court $0 0.1 Other Municipa 332 0.01 0 0-
- 2 Cottage Avenue $0 0.1 Bungalow 432 0.05 1 1-
- 10 Ocean Avenue 11/29/2019 $1,800,000 0.1 Vacant Land 0.12 -
- 8 Center Sias Street 1/10/2019 $1,330,000 0.1 Antique 1,541 0.03 4 2-
- 8 Ocean Avenue $0 0.1 Vacant Land 0.05 -
- 15 Beach Street 6/13/2008 $0 0.1 Bungalow 1,320 0.1 2 2-
- 3 Folgers Court 11/3/2006 $250,000 0.1 Vacant Land 0.01 -
- 13 Broadway 10/25/2013 $0 0.1 Antique 1,625 0.05 3 1-1
- 4 Cottage Avenue 4/26/2006 $2,775,000 0.1 Bungalow 1,865 0.12 3 3-
- 11 Beach Street 10/22/2020 $670,000 0.1 Cottage 456 0.02 2 1-
- 14 Broadway 5/23/2011 $885,000 0.1 Antique 1,153 0.05 3 2-
- 1 Chapel Street 4/22/2025 $2,700,000 0.1 Conventional 1,412 0.04 3 2-1
- 2 Mckinley Avenue 12/23/2010 $0 0.1 Ranch 2,377 0.33 4 3-
- 1 New Sias Street 12/23/2013 $1,525,000 0.1 Aptovrret/Off 1,799 0.21 4 2-
- 3 New Sias Street 10/27/2020 $1,475,000 0.1 Antique 1,704 0.1 2 2-
- 2 Gully Road 12/22/2022 $4,750,000 0.1 Vacant Land 3.18 -
- 17 Ocean Avenue $0 0.1 Bungalow 452 0.12 2 1-
- 5 Folgers Court 10/31/2022 $1,600,000 0.1 Conventional 823 0.03 2 1-1
- 11 Front Street 1/26/2012 $2,180,000 0.1 Colonial 1,366 0.12 3 2-
- 8 Cottage Avenue 10/12/2017 $2,100,000 0.1 Antique 1,844 0.09 4 2-1
- 10 Center Sias Street 9/10/2024 $1,675,000 0.1 Conventional 972 0.03 3 1-
- 5 New Sias Street 5/26/2022 $0 0.1 Conventional 1,766 0.11 3 3-
- 15 Broadway 10/15/2015 $1,095,000 0.1 Antique 1,526 0.03 3 3-
- 3 Chapel Street 5/28/2010 $0 0.1 Conventional 1,682 0.06 3 1-2
- 0 Gully Road 6/29/1984 $110,000 0.1 Vacant Land 0.77 -
- 9 Beach Street 8/20/2014 $0 0.1 Cape Cod 1,410 0.12 3 3-
- 7 Beach Street 3/1/2000 $240,000 0.1 Bungalow 666 0.06 2 2-
- 16 Broadway 9/6/1996 $0 0.1 Bungalow 1,029 0.04 2 2-1
- 7 New Sias Street 5/26/2022 $0 0.1 Vacant Land 0.07 -
- 4 Mckinley Avenue $0 0.1 Antique 1,249 0.29 2 1-
- 10 Cottage Avenue 4/30/2010 $0 0.1 Colonial 2,584 0.22 4 3-1
- 19 Ocean Avenue $0 0.1 Family Conver. 1,302 0.12 4 2-
- 13 Bank Street 11/28/2016 $781,000 0.1 Cottage 692 0.05 1 1-
- 11 Bank Street 5/12/2004 $0 0.1 Conventional 1,139 0.17 3 2-
- 17 Broadway 11/20/2019 $960,000 0.1 Colonial 2,314 0.04 5 2-
- 16 Ocean Avenue 2/21/1986 $1,275,000 0.1 Store 1,377 0.73 -
- 12 Shell Street 3/7/2022 $100,000 0.1 Custom Built 1,855 0.05 4 3-
- 12 Center Sias Street $0 0.1 Bungalow 1,205 0.03 3 2-
- 2 Chapel Street 12/7/2012 $0 0.1 Conventional 2,311 0.26 4 2-
- 1 Magnolia Avenue $0 0.1 Restaurant 6,262 0.15 0 3-
- 9-R New Sias Street 3/9/2006 $0 0.1 Vacant Land 0.18 -
- 13 Front Street 9/9/2004 $0 0.1 Antique 1,733 0.1 5 3-1
- 18 Broadway 4/12/1994 $102,847 0.1 Conventional 1,345 0.04 4 2-
- 21 Codfish Park Road 1/20/1999 $0 0.1 Vacant Land 0.02 -
- 10 Ocean Avenue-Lot 15 11/29/2019 $1,800,000 0.1 Vacant Land 0.72 -
- 6 Folgers Court 6/27/2022 $0 0.1 Ranch 1,248 0.2 4 2-
- 19 Broadway 12/12/2019 $1,100,000 0.1 Conventional 1,590 0.04 4 2-1
- 15 Bank Street 6/17/2013 $945,000 0.1 Antique 825 0.08 3 1-
- 3 Magnolia Avenue 12/13/2021 $3,500,000 0.1 Antique 2,964 0.16 5 4-
- 7 Fawcett Way 8/19/1998 $159,000 0.1 Conventional 1,307 0.06 2 2-1
- 12 Cottage Avenue 12/9/2020 $0 0.1 Colonial 1,861 0.11 5 2-1
- 14 Shell Street 7/11/2019 $0 0.1 Colonial 1,154 0.03 2 2-
- 14 Center Sias Street 9/16/2019 $0 0.1 Antique 2,482 0.04 3 2-1
- 4 Chapel Street 12/20/1999 $0 0.1 Guest Quarters 2,090 0.27 4 2-
- 9 New Sias Street 10/21/2004 $4,000,000 0.1 Restaurant 6,653 0.57 0 3-
- 24 Codfish Park Road 2/1/2013 $715,000 0.1 Cottage 724 0.04 2 1-
- 21 Ocean Avenue 4/28/2025 $5,000,000 0.1 Colonial 2,087 0.13 5 2-1
- 15 Front Street 10/31/2014 $0 0.1 Antique 1,372 0.09 4 1-1
Averages 5149 days $792,897 0.08 --- 1,443 0.17 --- ---  
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
7324 30 4 Elbow Lane