8 Cannonbury Lane, Nantucket, MA 02554

Owner Information
Owner 1
Steven L Cohen
Owner 2
Owner's Address
P O Box 786 Nantucket, MA 02554
Market Sale Information
Most recent sale date
9/21/2020
Previous sale date
07/02/2018
Transfer document #
1766-121
Previous transfer document
01652-0242
Grantor
Cannonbury Holdings 2 LLC
Previous grantor
Rimar 2 LLC
Most recent sale price
$975,000.00
Previous sale price
$9,375,000.00
Site Information
Property ID
74-8
Lot Size
0.46
Use Code
130 - Land, developable
Zoning
SR20
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2025
Land Value
$1,915,500.00
Total value
$1,915,500.00
Building value
$0.00
Estimated tax
$6,282.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
7 West Sankaty Road31-C New Sias Street31-B New Sias Street9 West Sankaty Road8 Cannonbury Lane$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 8 Cannonbury Lane A) 31-C New Sias StreetB) 31-B New Sias StreetC) 7 West Sankaty RoadD) 9 West Sankaty Road
Photo
Plan
Map
Proximity 0.70.70.70.7
Last Sold 4/9/20254/9/20254/9/20254/9/2025
Price $1,000,000$1,000,000$2,000,000$1,000,000
Net Living Area
Stories
Sale Price/sft -----
Style Vacant LandVacant LandVacant LandVacant LandVacant Land
Age
Rooms
Bedrooms
Full baths
Half baths
Gross Living Area
Heating Fuel
Detached Garage
Lot Size 0.460.110.110.110.11
Roof Cover
AEM Value - Building $0.00$0$0$0$0
AEM Value - Land $1,915,500.00$1,250,100$1,250,100$1,250,100$1,250,200
AEM Value - Other $0.00$0$0$0$0
AEM Value - Total $1,915,500.00$1,250,100$1,250,100$1,250,100$1,250,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Cannonbury Lane 9/21/2020 $975,000 0 Vacant Land 0.46 - -
  Criteria
A 31-C New Sias Street 4/9/2025 $1,000,000 0.7 Vacant Land 0.11 -
B 31-B New Sias Street 4/9/2025 $1,000,000 0.7 Vacant Land 0.11 -
C 7 West Sankaty Road 4/9/2025 $2,000,000 0.7 Vacant Land 0.11 -
D 9 West Sankaty Road 4/9/2025 $1,000,000 0.7 Vacant Land 0.11 -
Averages 46 days $1,250,000 0.69 --- 0.11 --- ---  

Estimation of Market Value - $1,915,308

As of today, 05/25/2025, the estimated market value of 8 Cannonbury Lane, Nantucket considering the above 4 comparable properties is $1,915,308.

 

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
Subject Property8 Cannonbury Lane3 Cannonbury Lane7 Sleetwing Circle5 Cannonbury Lane4 Cannonbury Lane4 Sleetwing Circle5 Sleetwing Circle39 Low Beach Road41 Low Beach Road3 Sleetwing Circle16 Cannonbury Lane7 Cannonbury Lane14 Cannonbury Lane20 Cannonbury Lane11 Cannonbury Lane31 Low Beach Road9 Cannonbury Lane18 Cannonbury Lane35 Low Beach Road55 Low Beach Road12 Cannonbury Lane30 Low Beach Road40 Low Beach Road4 Hawks Circle37 Low Beach Road36 Low Beach Road33 Low Beach Road$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Cannonbury Lane 9/21/2020 $975,000 0 Vacant Land 0.46 - -
  Criteria
A 10 Cannonbury Lane 11/5/2020 $1,050,000 0.0 Guest Quarters 460 0.46 1 1-
B 6 Cannonbury Lane 9/21/2020 $975,000 0.0 Vacant Land 0.46 -
C 12 Cannonbury Lane 11/5/2020 $1,050,000 0.0 Custom Built 5,573 0.46 6 5-1
D 4 Cannonbury Lane 1/25/2018 $825,000 0.0 Vacant Land 0.47 -
E 5 Cannonbury Lane 8/5/2020 $975,000 0.0 Vacant Land 0.47 -
F 3 Cannonbury Lane 8/5/2020 $975,000 0.0 Vacant Land 0.46 -
G 39 Low Beach Road 2/28/1996 $485,000 0.1 Cape Cod 1,533 0.46 3 2-
H 37 Low Beach Road 8/21/2000 $2,300,000 0.1 Conventional 3,055 0.46 4 4-
I 7 Cannonbury Lane 9/11/2020 $1,095,000 0.1 Custom Built 3,201 0.47 5 5-1
J 14 Cannonbury Lane 3/30/2021 $1,150,000 0.1 Vacant Land 0.46 -
K 35 Low Beach Road 11/18/2020 $4,825,000 0.1 Conventional 945 0.49 4 2-
L 9 Cannonbury Lane 3/19/2021 $1,095,000 0.1 Vacant Land 0.46 -
M 41 Low Beach Road 7/23/2004 $0 0.1 Cape Cod 1,260 0.47 3 2-
N 33 Low Beach Road 7/27/2020 $7,500,000 0.1 Colonial 6,211 0.82 4 5-1
O 16 Cannonbury Lane 3/16/2023 $4,425,000 0.1 Custom Built 2,230 0.46 4 3-1
P 3 Sleetwing Circle 10/2/2019 $0 0.1 Cape Cod 2,180 0.49 3 3-1
Q 31 Low Beach Road 3/1/2022 $4,750,000 0.1 Conventional 1,338 0.77 4 1-
R 5 Sleetwing Circle 4/4/1994 $195,000 0.1 Cape Cod 2,475 0.48 4 3-
S 18 Cannonbury Lane 10/22/2021 $0 0.1 Custom Built 4,420 0.46 6 6-1
T 36 Low Beach Road 7/24/2020 $59,000 0.1 Custom Built 5,243 1.64 6 6-3
U 11 Cannonbury Lane 6/4/2021 $1,250,000 0.1 Vacant Land 0.46 -
V 40 Low Beach Road 11/14/1997 $489,000 0.1 Conventional 2,521 1.4 4 4-1
W 55 Low Beach Road $0 0.1 Ranch 2,752 20.9 5 4-
X 7 Sleetwing Circle 9/14/1998 $335,000 0.1 Vacant Land 0.47 -
Y 4 Hawks Circle 12/23/2009 $1,500,000 0.1 Custom Built 4,521 0.61 5 4-2
Z 20 Cannonbury Lane 9/7/2021 $1,095,000 0.1 Vacant Land 0.46 -
- 4 Sleetwing Circle 9/11/2020 $995,000 0.1 Vacant Land 0.54 -
- 30 Low Beach Road 7/24/2020 $58,680 0.1 Colonial 4,646 2.02 5 4-1
Averages 3591 days $1,408,989 0.08 --- 1,949 1.36 --- ---  
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 8 8 Cannonbury Lane