7 Elbow Lane, Nantucket, MA 02554

Owner Information
Owner 1
Elbow Lane Group LLC
Owner 2
Owner's Address
29 Murray Hill Circle Baltimore, MD 21212
Market Sale Information
Most recent sale date
11/14/2007
Previous sale date
Transfer document #
C022803-
Previous transfer document
C0004-0333
Grantor
Fanny W Hill
Previous grantor
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
7324-41
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
SOH
Building Style
Conventional
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1930
Number of full baths
4
Condition
Number of half baths
Finished Area
3625
Number of Kitchen
1
Gross Living Area
6018
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Coal Or Wood
Roof Cover
Asph/F Gls/Cmp
Heating fuel
None
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,929,400.00
Total value
$3,078,100.00
Building value
$1,148,700.00
Estimated tax
$10,096.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
7 Elbow Lane11 Plainfield Road$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 7 Elbow Lane A) 11 Plainfield Road
Photo
Plan
Map
Proximity 0.7
Last Sold 12/12/2024
Price $4,704,375
Net Living Area 3,357
Stories 2
Sale Price/sft $0.00$1401.36
Style ConventionalColonial
Age 19302003
Rooms
Bedrooms 54
Full baths 43
Half baths 2
Gross Living Area 60186608
Heating Fuel NoneForced Air-Duc
Detached Garage
Lot Size 0.460.47
Roof Cover Asph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $1,148,700.00$2,662,500
AEM Value - Land $1,929,400.00$1,606,800
AEM Value - Other $0.00$0
AEM Value - Total $3,078,100.00$4,269,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Elbow Lane 11/14/2007 $0 0 Conventional 3,625 0.46 5 4- -
  Criteria
A 11 Plainfield Road 12/12/2024 $4,704,375 0.7 Colonial 3,357 0.47 4 3-2
Averages 169 days $4,704,375 0.65 --- 3,357 0.47 --- ---  

Estimation of Market Value - $4,235,861

As of today, 05/30/2025, the estimated market value of 7 Elbow Lane, Nantucket considering the above 1 comparable properties is $4,235,861.

 

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 Property1 Jackson Street25 Codfish Park Road5 Jackson Street21 Codfish Park Road1 Fawcett Way11 Beach Street12 Center Sias Street16 Broadway10 Center Sias Street7 Beach Street14 Broadway15 Broadway14 Center Sias Street18 Broadway7 Bank Street21 Broadway13 Broadway23 Broadway17 Broadway9 Beach Street20 Broadway22 Broadway19 Broadway18 Center Sias Street7 Front Street15 Beach Street7 Elbow Lane$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Elbow Lane 11/14/2007 $0 0 Conventional 3,625 0.46 5 4- -
  Criteria
A 8 Codfish Park Road 12/31/2012 $0 0.0 Vacant Land 0.39 -
B 4 Codfish Park Road 10/18/1995 $0 0.0 Vacant Land 0.38 -
C 5 Elbow Lane 9/29/2020 $1,666,625 0.0 Antique 1,104 0.12 4 1-
D 10 Codfish Park Road $250,000 0.0 Outbuildings 0.2 -
E 1 Broadway 4/13/2000 $0 0.0 Conventional 1,724 0.04 5 2-
F 1 Bank Street 6/26/2009 $0 0.0 Colonial 812 0.07 3 1-
G 3 Broadway 11/15/1990 $250,000 0.0 Conventional 1,844 0.05 3 2-1
H 3 Elbow Lane 8/2/2007 $3,600,000 0.0 Conventional 2,190 0.21 3 2-1
I 5 Gully Road 8/24/2012 $1,600,000 0.0 Cape Cod 1,998 0.16 3 3-
J 2 Elbow Lane 7/1/1982 $0 0.0 Antique 933 0.05 3 1-1
K 12 Codfish Park Road 4/7/2021 $1,850,000 0.0 Cape Cod 1,457 0.11 2 2-
L 5 Front Street 12/28/1992 $0 0.0 Vacant Land 0.04 -
M 2 Main Sias Street $0 0.0 Outbuildings 0.14 -
N 5 Bank Street 7/31/2020 $0 0.0 Bungalow 466 0.05 1 1-
O 3 Gully Road 9/17/1990 $587,500 0.0 Conventional 2,144 0.16 3 2-
P 9 Gully Road 1/24/2020 $1,950,000 0.0 Vacant Land 0.07 -
Q 5 Broadway 12/28/1992 $0 0.0 Bungalow 462 0.07 1 1-
R 2 Broadway 11/8/2018 $0 0.0 Antique 1,911 0.08 4 1-
S 4 Elbow Lane 8/9/2002 $995,000 0.0 Colonial 1,861 0.12 3 2-1
T 7 Bank Street 6/19/2020 $1,050,000 0.0 Conventional 1,243 0.05 2 2-1
U 10 Beach Street 10/17/2019 $600,000 0.0 Cape Cod 934 0.05 1 2-1
V 16 Codfish Park Road 7/12/2011 $0 0.0 Conventional 1,224 0.11 2 2-
W 4 Main Sias Street 1/26/2024 $5,200,000 0.0 Aptovrret/Off 3,408 0.08 4 2-
X 6 Elbow Lane 1/30/2023 $2,800,000 0.0 Antique 1,463 0.14 2 1-
Y 7 Front Street 1/2/1991 $100 0.1 Cape Cod 1,002 0.06 3 1-1
Z 7 Broadway 10/14/1999 $640,000 0.1 Antique 615 0.04 3 1-
- 1 Elbow Lane 1/24/2020 $1,950,000 0.1 Colonial 2,016 0.16 4 2-
- 4 Broadway $0 0.1 Antique 738 0.06 2 1-
- 2 Center Sias Street 10/19/2021 $1,800,000 0.1 Antique 1,243 0.09 3 1-1
- 6 Broadway 10/7/2002 $650,000 0.1 Antique 696 0.04 2 1-
- 9 Broadway 3/18/2021 $2,350,000 0.1 Conventional 1,775 0.04 3 3-
- 15 Beach Street 6/13/2008 $0 0.1 Bungalow 1,320 0.1 2 2-
- 9 Front Street 3/18/2021 $2,350,000 0.1 Vacant Land 0.01 -
- 8 Bank Street 10/5/2020 $683,000 0.1 Bungalow 387 0.03 1 1-
- 11 Beach Street 10/22/2020 $670,000 0.1 Cottage 456 0.02 2 1-
- 6 Main Sias Street 4/21/2019 $0 0.1 Aptovrret/Off 1,955 0.05 2 2-
- 8 Broadway 9/7/2017 $1,550,000 0.1 Antique 1,255 0.04 4 2-
- 6 Center Sias Street 8/18/2023 $2,650,000 0.1 Antique 1,246 0.03 3 2-
- 5 Main Sias Street 10/1/2013 $2,740,000 0.1 Custom Built 3,882 0.2 4 4-1
- 8 Main Sias Street 2/2/2017 $0 0.1 Aptovrret/Off 2,158 0.04 2 2-
- 7 Beach Street 3/1/2000 $240,000 0.1 Bungalow 666 0.06 2 2-
- 11 Broadway 12/11/2012 $0 0.1 Antique 1,902 0.03 5 2-
- 9 Beach Street 8/20/2014 $0 0.1 Cape Cod 1,410 0.12 3 3-
- 4 Shell Street 9/24/2008 $2,200,000 0.1 Colonial 1,945 0.1 3 2-
- 0 Gully Road 6/29/1984 $110,000 0.1 Vacant Land 0.77 -
- 10 Broadway 9/27/2017 $0 0.1 Antique 1,003 0.08 3 2-
- 13 Broadway 10/25/2013 $0 0.1 Antique 1,625 0.05 3 1-1
- 11 Front Street 1/26/2012 $2,180,000 0.1 Colonial 1,366 0.12 3 2-
- 11 Bank Street 5/12/2004 $0 0.1 Conventional 1,139 0.17 3 2-
- 9 Park Lane 10/11/1990 $0 0.1 Cottage 384 0.04 1 1-
- 1 Ocean Avenue 11/18/2011 $0 0.1 Antique 8,523 0.85 5 5-1
- 0 New Sias Street 11/14/2016 $1,124,100 0.1 Conventional 1,782 0.04 2 3-
- 21 Codfish Park Road 1/20/1999 $0 0.1 Vacant Land 0.02 -
- 13 Bank Street 11/28/2016 $781,000 0.1 Cottage 692 0.05 1 1-
- 2 New Sias Street 8/31/2021 $0 0.1 Bungalow 930 0.08 3 1-
- 15 Broadway 10/15/2015 $1,095,000 0.1 Antique 1,526 0.03 3 3-
- 8 Center Sias Street 1/10/2019 $1,330,000 0.1 Antique 1,541 0.03 4 2-
- 14 Broadway 5/23/2011 $885,000 0.1 Antique 1,153 0.05 3 2-
- 2 Gully Road 12/22/2022 $4,750,000 0.1 Vacant Land 3.18 -
- 1 Grand Avenue 12/12/1989 $495,000 0.1 Conventional 1,264 0.12 3 2-
- 3 Grand Avenue 3/30/2021 $3,300,000 0.1 Colonial 3,810 0.14 5 6-1
- 1 Folgers Court $0 0.1 Other Municipa 332 0.01 0 0-
- 7 Fawcett Way 8/19/1998 $159,000 0.1 Conventional 1,307 0.06 2 2-1
- 3 Folgers Court 11/3/2006 $250,000 0.1 Vacant Land 0.01 -
- 5 Ocean Avenue 11/18/2011 $0 0.1 Vacant Land 0.13 -
- 24 Codfish Park Road 2/1/2013 $715,000 0.1 Cottage 724 0.04 2 1-
- 13 Front Street 9/9/2004 $0 0.1 Antique 1,733 0.1 5 3-1
- 17 Broadway 11/20/2019 $960,000 0.1 Colonial 2,314 0.04 5 2-
- 15 Bank Street 6/17/2013 $945,000 0.1 Antique 825 0.08 3 1-
- 8 Ocean Avenue Unit 3 $0 0.1 Vacant Land 0.06 -
- 5 Grand Avenue 9/26/2008 $200,000 0.1 Custom Built 3,079 0.12 4 3-1
- 16 Broadway 9/6/1996 $0 0.1 Bungalow 1,029 0.04 2 2-1
- 10 Center Sias Street 9/10/2024 $1,675,000 0.1 Conventional 972 0.03 3 1-
- 7 Ocean Avenue 10/3/2016 $0 0.1 Bungalow 336 0.03 1 1-
- 5 Folgers Court 10/31/2022 $1,600,000 0.1 Conventional 823 0.03 2 1-1
- 6 Grand Avenue 11/18/2011 $0 0.1 Colonial 1,482 0.17 2 2-
- 25 Codfish Park Road $0 0.1 Vacant Land 0.15 -
- 8 Jackson Street Unit 1 8/18/2010 $0 0.1 Condominium 520 0 2 1-
- 6 Jackson Street Unit 2 3/10/2015 $500,000 0.1 Condominium 522 0 2 1-
- 1 Fawcett Way 1/3/1994 $0 0.1 Vacant Land 0.2 -
- 26 Codfish Park Road 6/10/2016 $810,900 0.1 Cottage 648 0.08 3 2-1
- 7-R Ocean Avenue 11/15/1999 $330,000 0.1 Bungalow 267 0.04 1 1-
- 9 Ocean Avenue 7/27/1990 $0 0.1 Cottage 324 0.03 1 1-
- 19 Broadway 12/12/2019 $1,100,000 0.1 Conventional 1,590 0.04 4 2-1
- 5 Codfish Park Road 8/2/1993 $0 0.1 Vacant Land 3.7 -
- 1 New Sias Street 12/23/2013 $1,525,000 0.1 Aptovrret/Off 1,799 0.21 4 2-
- 12 Center Sias Street $0 0.1 Bungalow 1,205 0.03 3 2-
- 18 Broadway 4/12/1994 $102,847 0.1 Conventional 1,345 0.04 4 2-
- 15 Front Street 10/31/2014 $0 0.1 Antique 1,372 0.09 4 1-1
- 7 Grand Avenue 12/23/2019 $650,000 0.1 Conventional 1,232 0.22 3 2-
- 8 Ocean Avenue $0 0.1 Vacant Land 0.05 -
- 12 Shell Street 3/7/2022 $100,000 0.1 Custom Built 1,855 0.05 4 3-
- 10 Ocean Avenue 11/29/2019 $1,800,000 0.1 Vacant Land 0.12 -
- 3 Cottage Avenue 1/12/2021 $670,000 0.1 Cottage 407 0.03 1 1-
- 3 New Sias Street 10/27/2020 $1,475,000 0.1 Antique 1,704 0.1 2 2-
- 8 Grand Avenue 10/29/2021 $2,050,000 0.1 Antique 1,339 0.13 3 1-2
- 16 Main Sias Street 9/14/2022 $0 0.1 Ranch 2,522 0.74 4 3-
- 21 Broadway 7/6/2006 $1,925,000 0.1 Antique 1,436 0.03 6 2-
- 10 New Sias Street $0 0.1 Clubs/Lodges 8,368 2.09 2 2-
- 19 Bank Street 8/9/2021 $2,900,000 0.1 Antique 1,607 0.08 4 2-1
- 11 Ocean Avenue $0 0.1 Bungalow 612 0.03 1 2-
- 14 Center Sias Street 9/16/2019 $0 0.1 Antique 2,482 0.04 3 2-1
- 10 Ocean Avenue-Lot 15 11/29/2019 $1,800,000 0.1 Vacant Land 0.72 -
- 5 Cottage Avenue 1/9/2004 $600,000 0.1 Bungalow 463 0.03 1 1-
- 7 Jackson Street 6/3/2016 $0 0.1 Ranch 1,136 0.15 2 2-1
- 5 New Sias Street 5/26/2022 $0 0.1 Conventional 1,766 0.11 3 3-
- 20 Broadway 6/10/2013 $0 0.1 Conventional 1,526 0.07 4 2-
- 14 Shell Street 7/11/2019 $0 0.1 Colonial 1,154 0.03 2 2-
- 2 Cottage Avenue $0 0.1 Bungalow 432 0.05 1 1-
- 19 Front Street 11/23/2021 $0 0.1 Antique 2,575 0.11 5 3-1
- 11 Grand 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-
- 5 Jackson Street 12/4/2006 $0 0.1 Vacant Land 0.1 -
- 6 Folgers Court 6/27/2022 $0 0.1 Ranch 1,248 0.2 4 2-
- 23 Broadway 10/12/2006 $0 0.1 Antique 1,319 0.04 4 2-
- 9-R New Sias Street 3/9/2006 $0 0.1 Vacant Land 0.18 -
- 7 New Sias Street 5/26/2022 $0 0.1 Vacant Land 0.07 -
- 16 Ocean Avenue 2/21/1986 $1,275,000 0.1 Store 1,377 0.73 -
- 9 Cottage Avenue 10/20/1986 $0 0.1 Vacant Land 0.11 -
- 11 Cottage Avenue 8/8/2016 $0 0.1 Cape Cod 2,691 0.42 5 5-1
- 18 Center Sias Street 10/18/2021 $1,300,000 0.1 Conventional 1,978 0.06 5 2-1
- 1 Jackson Street $0 0.1 Vacant Land 0 -
- 22 Broadway 9/30/2015 $1,350,000 0.1 Conventional 1,193 0.04 4 2-
- 17 Ocean Avenue $0 0.1 Bungalow 452 0.12 2 1-
- 21 Bank Street 5/17/2019 $1,070,000 0.1 Bungalow 547 0.06 2 1-
- 19 Main Sias Street 12/15/2009 $0 0.1 Antique 4,722 0.24 3 5-2
Averages 5234 days $707,104 0.08 --- 1,220 0.18 --- ---  
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 41 7 Elbow Lane