8 Parson Lane, Nantucket, MA 02554

Owner Information
Owner 1
Sergey Chumak & Yuliya
Owner 2
Owner's Address
14 Sun Island Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
11/17/2020
Previous sale date
10/21/2014
Transfer document #
C28001-
Previous transfer document
C0025394-0
Grantor
Jose F Trillos
Previous grantor
Jose F Trillos
Most recent sale price
$1,800,000.00
Previous sale price
$0.00
Site Information
Property ID
75-97
Lot Size
3
Use Code
101 - Residential, single family
Zoning
LUG3
Building Style
Modern/Contemp
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1985
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2485
Number of Kitchen
1
Gross Living Area
4941
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
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
$1,258,500.00
Total value
$2,726,900.00
Building value
$1,468,400.00
Estimated tax
$8,535.00
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 8 Parson Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $724.35 Style Modern/Contemp Age 1985 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 4941 Heating Fuel Electr Basebrd Detached Garage Lot Size 3 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,468,400.00 AEM Value - Land $1,258,500.00 AEM Value - Other $0.00 AEM Value - Total $2,726,900.00
A) 12 Jonathan Way 0.3 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) 10 Mayhew Road 0.5 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
C) 24 Wanoma Way 0.5 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Parson Lane 11/17/2020 $1,800,000 0 Modern/Contemp 2,485 3 3 2-1 -
  Criteria
A 12 Jonathan Way 10/1/2024 $2,300,000 0.3 Colonial 2,240 1.56 3 2-1
B 10 Mayhew Road 8/22/2024 $3,300,000 0.5 Colonial 1,944 0.11 4 3-1
C 24 Wanoma Way 8/20/2024 $4,150,000 0.5 Colonial 2,384 0.11 4 2-2
Averages 73 days $3,250,000 0.45 --- 2,189 0.59 --- ---  

Estimation of Market Value - $3,310,675

As of today, 11/15/2024, the estimated market value of 8 Parson Lane, Nantucket considering the above 3 comparable properties is $3,310,675.

 

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
@ 8 Parson Lane 11/17/2020 $1,800,000 0 Modern/Contemp 2,485 3 3 2-1 -
  Criteria
A 10 Parson Lane 11/1/2010 $0 0.1 Conventional 2,332 2 5 3-
B 6 Parson Lane 11/13/2002 $0 0.1 Conventional 2,401 2 4 3-
C 9 Flintlock Road 9/30/2015 $1,300,000 0.1 Colonial 3,616 1.17 4 3-1
D 7 Flintlock Road 1/14/2022 $0 0.1 Vacant Land 1.17 -
E 7 Parson Lane 11/9/2007 $0 0.1 Cape Cod 1,756 3 2 3-2
F 5 Flintlock Road 7/28/2000 $1,250,000 0.1 Colonial 2,352 1.11 4 3-1
G 4 Parson Lane 2/14/2020 $343,500 0.1 Colonial 1,824 1.14 4 3-
H 9 Parson Lane 10/11/2011 $2,250,000 0.1 Colonial 3,660 3 4 4-1
I 5 Parson Lane 1/6/2015 $2,125,000 0.1 Custom Built 5,204 3.32 5 5-1
J 12 Parson Lane 1/29/1996 $446,000 0.1 Ranch 1,456 3.06 3 2-
K 10 Flintlock Road 12/23/2020 $0 0.1 Colonial 1,552 1.1 3 2-
L 8 Flintlock Road 2/16/1988 $290,000 0.1 Colonial 1,368 1.17 3 1-1
Averages 5676 days $667,042 0.09 --- 2,293 1.94 --- ---  
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 97 8 Parson Lane