16 Parson Lane, Nantucket, MA 02554

Owner Information
Owner 1
Nantucket Sanctuary LLC
Owner 2
Owner's Address
C/O Donna C Dean, P O Box 3504 Nantucket, MA 02584
Market Sale Information
Most recent sale date
7/25/2020
Previous sale date
07/24/2020
Transfer document #
C27757-
Previous transfer document
C27754-0
Grantor
Donald C McDonald
Previous grantor
Nantucket Sanctuary LLC
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
75-101
Lot Size
3.53
Use Code
101 - Residential, single family
Zoning
LUG3
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1973
Number of full baths
3
Condition
Number of half baths
Finished Area
2000
Number of Kitchen
1
Gross Living Area
4254
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Vinyl/Asphalt
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,300,900.00
Total value
$2,115,300.00
Building value
$814,400.00
Estimated tax
$6,620.00
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 16 Parson Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1973 Rooms Bedrooms 3 Full baths 3 Half baths Gross Living Area 4254 Heating Fuel Electr Basebrd Detached Garage Lot Size 3.53 Roof Cover Asph/F Gls/Cmp AEM Value - Building $814,400.00 AEM Value - Land $1,300,900.00 AEM Value - Other $0.00 AEM Value - Total $2,115,300.00
A) 12 Jonathan Way 0.4 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) 20 Berkley Street 0.6 8/13/2024 $1,650,000 1,640 2 $1006.10 Colonial 1995 3 2 1 1976 Hot Water 0.23 Asph/F Gls/Cmp $798,100 $637,500 $0 $1,435,600
C) 10 Mayhew Road 0.7 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
D) 24 Wanoma Way 0.7 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
E) 35 Fairfield Street 0.8 8/29/2024 $1,850,000 1,680 2 $1101.19 Colonial 2000 3 2 1 3096 Hot Water 0.46 Asph/F Gls/Cmp $1,227,500 $679,300 $0 $1,906,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Parson Lane 7/25/2020 $0 0 Cape Cod 2,000 3.53 3 3- -
  Criteria
A 12 Jonathan Way 10/1/2024 $2,300,000 0.4 Colonial 2,240 1.56 3 2-1
B 20 Berkley Street 8/13/2024 $1,650,000 0.6 Colonial 1,640 0.23 3 2-1
C 10 Mayhew Road 8/22/2024 $3,300,000 0.7 Colonial 1,944 0.11 4 3-1
D 24 Wanoma Way 8/20/2024 $4,150,000 0.7 Colonial 2,384 0.11 4 2-2
E 35 Fairfield Street 8/29/2024 $1,850,000 0.8 Colonial 1,680 0.46 3 2-1
Averages 78 days $2,650,000 0.66 --- 1,978 0.49 --- ---  

Estimation of Market Value - $2,469,339

As of today, 11/15/2024, the estimated market value of 16 Parson Lane, Nantucket considering the above 5 comparable properties is $2,469,339.

 

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
@ 16 Parson Lane 7/25/2020 $0 0 Cape Cod 2,000 3.53 3 3- -
  Criteria
A 31 Flintlock Road 5/13/2008 $0 0.0 Colonial 2,200 1.31 3 2-1
B 27 Flintlock Road 2/9/2004 $0 0.0 Colonial 2,350 1.21 5 3-
C 33 Flintlock Road 9/1/2009 $1,175,000 0.1 Colonial 2,484 1.16 3 3-
D 14 Parson Lane 2/5/1996 $106,000 0.1 Vacant Land 2.3 -
E 23 Flintlock Road 12/11/2017 $0 0.1 Colonial 4,414 1.26 4 3-1
F 18 Parson Lane 11/13/2020 $4,250,000 0.1 Colonial 5,525 2.8 5 5-2
G 13 Parson Lane 3/16/2016 $1,075,000 0.1 Colonial 1,648 2.94 4 2-1
H 32 Flintlock Road 12/18/2023 $3,825,000 0.1 Colonial 2,856 2.2 3 2-1
I 35 Flintlock Road 3/22/2018 $901,000 0.1 Colonial 1,536 1 2 3-
J 21 Flintlock Road 8/18/2011 $575,000 0.1 Custom Built 4,080 1.2 5 4-1
K 28 Flintlock Road 11/13/2013 $1,100,000 0.1 Cape Cod 2,536 1.15 4 3-1
L 34 Flintlock Road 2/1/2021 $1,171,000 0.1 Ranch 960 1.4 2 1-
M 12 Parson Lane 1/29/1996 $446,000 0.1 Ranch 1,456 3.06 3 2-
N 24 Flintlock Road 8/15/2014 $1,360,000 0.1 Custom Built 3,559 2.45 6 6-1
O 39 Flintlock Road 12/20/2017 $0 0.1 Colonial 2,182 1.04 4 3-
Averages 4442 days $1,065,600 0.09 --- 2,519 1.77 --- ---  
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
75 101 16 Parson Lane