7 Packet Drive, Nantucket, MA 02554

Owner Information
Owner 1
Richard Oleary & Susan
Owner 2
Owner's Address
601 Hill Farm Rd Fairfield, CT 06824
Market Sale Information
Most recent sale date
10/16/2020
Previous sale date
11/17/2008
Transfer document #
1773-243
Previous transfer document
01160-0175
Grantor
Michael Molloy
Previous grantor
Pamela Carlin
Most recent sale price
$1,820,000.00
Previous sale price
$1,600,000.00
Site Information
Property ID
74-18
Lot Size
0.49
Use Code
101 - Residential, single family
Zoning
SR20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
2004
Number of full baths
3
Condition
Number of half baths
Finished Area
1792
Number of Kitchen
Gross Living Area
4080
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
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,919,000.00
Total value
$3,535,700.00
Building value
$1,616,700.00
Estimated tax
$11,597.00
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$4,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
1 Chapel Street7 Packet Drive21 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 7 Packet Drive A) 21 Ocean AvenueB) 1 Chapel Street
Photo
Plan
Map
Proximity 0.40.5
Last Sold 4/28/20254/22/2025
Price $5,000,000$2,700,000
Net Living Area 2,0871,412
Stories 21
Sale Price/sft $1,015.63$2395.78$1912.18
Style ColonialColonialConventional
Age 200419001930
Rooms 6
Bedrooms 353
Full baths 322
Half baths 11
Gross Living Area 408030771929
Heating Fuel Hot WaterElectr BasebrdForced Air-Duc
Detached Garage
Lot Size 0.490.130.04
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpWood Shingle
AEM Value - Building $1,616,700.00$736,600$1,494,900
AEM Value - Land $1,919,000.00$4,360,500$800,200
AEM Value - Other $0.00$0$0
AEM Value - Total $3,535,700.00$5,097,100$2,295,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Packet Drive 10/16/2020 $1,820,000 0 Colonial 1,792 0.49 3 3- -
  Criteria
A 21 Ocean Avenue 4/28/2025 $5,000,000 0.4 Colonial 2,087 0.13 5 2-1
B 1 Chapel Street 4/22/2025 $2,700,000 0.5 Conventional 1,412 0.04 3 2-1
Averages 34 days $3,850,000 0.45 --- 1,750 0.08 --- ---  

Estimation of Market Value - $3,813,224

As of today, 05/28/2025, the estimated market value of 7 Packet Drive, Nantucket considering the above 2 comparable properties is $3,813,224.

 

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 Property7 Quahog Court17 Cannonbury Lane4 Reaper Circle6 Reaper Circle7 Reaper Circle4 Packet Drive27 Stone Post Way7 Packet Drive20 Stone Post Way15 Cannonbury Lane19 Stone Post Way6 Packet Drive16 Cannonbury Lane14 Cannonbury Lane28 Cannonbury Lane5 Reaper Circle13 Hawks Circle12 Hawks Circle3 Reaper Circle16 Stone Post Way28 Stone Post Way18 Cannonbury Lane30 Cannonbury Lane15 Stone Post Way24 Stone Post Way11 Stone Post Way14 Hawks Circle$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000$9,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Packet Drive 10/16/2020 $1,820,000 0 Colonial 1,792 0.49 3 3- -
  Criteria
A 5 Packet Drive 10/5/2015 $0 0.0 Colonial 1,260 0.5 3 2-
B 12 Hawks Circle 2/2/2007 $0 0.0 Cape Cod 3,320 0.92 4 3-1
C 3 Packet Drive 9/30/2005 $2,350,000 0.0 Conventional 2,108 0.46 4 3-
D 6 Sleetwing Circle 9/11/2020 $995,000 0.0 Vacant Land 0.52 -
E 6 Packet Drive 1/15/2010 $845,000 0.0 Colonial 3,788 0.46 4 4-1
F 8 Hawks Circle 10/31/1997 $985,000 0.1 Conventional 3,814 0.92 4 3-1
G 4 Packet Drive 1/3/1994 $125,000 0.1 Cape Cod 1,476 0.48 3 2-1
H 4 Sleetwing Circle 9/11/2020 $995,000 0.1 Vacant Land 0.54 -
I 13 Cannonbury Lane 6/9/2015 $0 0.1 Colonial 2,898 0.46 4 4-1
J 13 Hawks Circle 10/12/2011 $3,550,000 0.1 Colonial 3,312 0.92 6 4-1
K 9 Hawks Circle 8/31/2020 $3,600,000 0.1 Custom Built 9,717 0.92 4 9-2
L 15 Cannonbury Lane 9/8/2000 $895,000 0.1 Custom Built 1,687 0.46 4 3-
M 11 Cannonbury Lane 6/4/2021 $1,250,000 0.1 Vacant Land 0.46 -
N 5 Reaper Circle 11/27/2018 $875,000 0.1 Cape Cod 3,393 0.48 5 4-2
O 16 Stone Post Way 10/17/2017 $0 0.1 Colonial 4,272 0.46 4 3-1
P 20 Stone Post Way 11/10/2016 $2,135,000 0.1 Cape Cod 2,652 0.46 5 3-
Q 7 Reaper Circle 11/22/2019 $877,500 0.1 Vacant Land 0.51 -
R 7 Sleetwing Circle 9/14/1998 $335,000 0.1 Vacant Land 0.47 -
S 3 Reaper Circle 10/21/2022 $0 0.1 Vacant Land 0.46 -
T 7 Hawks Circle 2/25/2019 $0 0.1 Colonial 2,410 0.46 7 6-1
U 14 Hawks Circle 11/22/2019 $5,750,000 0.1 Custom Built 5,769 0.99 4 7-1
V 5 Sleetwing Circle 4/4/1994 $195,000 0.1 Cape Cod 2,475 0.48 4 3-
W 3 Sleetwing Circle 10/2/2019 $0 0.1 Cape Cod 2,180 0.49 3 3-1
X 22 Cannonbury Lane 7/29/2020 $950,000 0.1 Custom Built 4,540 0.46 5 5-1
Y 17 Cannonbury Lane 9/14/2023 $1,950,000 0.1 Vacant Land 0.46 -
Z 24 Cannonbury Lane 9/24/2021 $3,275,000 0.1 Colonial 3,436 0.46 4 4-1
- 24 Stone Post Way 7/9/2021 $0 0.1 Conventional 5,258 0.46 5 4-
- 20 Cannonbury Lane 9/7/2021 $1,095,000 0.1 Vacant Land 0.46 -
- 5 Hawks Circle 9/25/2017 $995,000 0.1 Custom Built 2,879 0.46 4 5-1
- 26 Cannonbury Lane 3/15/2011 $0 0.1 Conventional 3,900 0.46 4 3-1
- 9 Cannonbury Lane 3/19/2021 $1,095,000 0.1 Vacant Land 0.46 -
- 18 Cannonbury Lane 10/22/2021 $0 0.1 Custom Built 4,420 0.46 6 6-1
- 28 Cannonbury Lane 9/14/2020 $3,000,000 0.1 Custom Built 3,094 0.46 4 4-1
- 28 Stone Post Way 2/15/2018 $4,200,000 0.1 Custom Built 3,544 0.46 4 4-1
- 3 Hawks Circle 1/30/2017 $2,500,000 0.1 Vacant Land 0.51 -
- 11 Stone Post Way 10/12/2006 $3,950,000 0.1 Guest Quarters 780 0.46 2 2-
- 15 Stone Post Way 10/10/2012 $975,000 0.1 Custom Built 4,759 0.46 5 5-1
- 16 Cannonbury Lane 3/16/2023 $4,425,000 0.1 Custom Built 2,230 0.46 4 3-1
- 7 Stone Post Way 9/30/2021 $2,250,000 0.1 Vacant Land 0.46 -
- 30 Cannonbury Lane 7/13/2022 $3,825,664 0.1 Custom Built 4,856 0.46 6 6-1
- 7 Quahog Court 11/17/1994 $150,000 0.1 Vacant Land 0.48 -
- 19 Stone Post Way 9/28/2015 $0 0.1 Cape Cod 3,581 0.46 4 4-1
- 6 Reaper Circle 1/11/2021 $0 0.1 Vacant Land 0.46 -
- 5 Stone Post Way 2/1/2022 $0 0.1 Custom Built 3,144 0.46 4 4-1
- 7 Cannonbury Lane 9/11/2020 $1,095,000 0.1 Custom Built 3,201 0.47 5 5-1
- 4 Reaper Circle 10/30/2019 $2,800,000 0.1 Vacant Land 0.46 -
- 27 Stone Post Way 3/11/2021 $0 0.1 Cape Cod 2,298 0.46 3 2-1
- 14 Cannonbury Lane 3/30/2021 $1,150,000 0.1 Vacant Land 0.46 -
Averages 3568 days $1,363,295 0.09 --- 2,343 0.52 --- ---  
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
74 18 7 Packet Drive