7 Heath Lane, Nantucket, MA 02554

Owner Information
Owner 1
Kristen Johnson
Owner 2
Owner's Address
7 Heath Lane Nantucket, MA 02554
Market Sale Information
Most recent sale date
12/21/2021
Previous sale date
06/30/2017
Transfer document #
C28643-
Previous transfer document
C0026512-0
Grantor
Lemonade Properties LLC
Previous grantor
Schwartz Andrew I Trst
Most recent sale price
$0.00
Previous sale price
$1,410,000.00
Site Information
Property ID
76-92
Lot Size
0.63
Use Code
101 - Residential, single family
Zoning
LUG3
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1992
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1602
Number of Kitchen
1
Gross Living Area
3004
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Carpet
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
2024
Land Value
$1,011,100.00
Total value
$2,167,100.00
Building value
$1,156,000.00
Estimated tax
$6,783.00
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 7 Heath Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1992 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 3004 Heating Fuel Hot Water Detached Garage Lot Size 0.63 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,156,000.00 AEM Value - Land $1,011,100.00 AEM Value - Other $0.00 AEM Value - Total $2,167,100.00
A) 20 Berkley Street 0.5 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
B) 35 Fairfield Street 0.7 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
C) 9 Sandsbury Road 0.8 8/26/2024 $2,525,000 1,292 1.75 $1954.33 Colonial 1980 3 2 1 1729 Forced Air-Duc 0.52 Asph/F Gls/Cmp $542,300 $1,245,300 $0 $1,787,600
D) 10 Mayhew Road 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Heath Lane 12/21/2021 $0 0 Colonial 1,602 0.63 3 2-1 -
  Criteria
A 20 Berkley Street 8/13/2024 $1,650,000 0.5 Colonial 1,640 0.23 3 2-1
B 35 Fairfield Street 8/29/2024 $1,850,000 0.7 Colonial 1,680 0.46 3 2-1
C 9 Sandsbury Road 8/26/2024 $2,525,000 0.8 Colonial 1,292 0.52 3 2-1
D 10 Mayhew Road 8/22/2024 $3,300,000 0.9 Colonial 1,944 0.11 4 3-1
Averages 85 days $2,331,250 0.75 --- 1,639 0.33 --- ---  

Estimation of Market Value - $2,423,922

As of today, 11/15/2024, the estimated market value of 7 Heath Lane, Nantucket considering the above 4 comparable properties is $2,423,922.

 

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
@ 7 Heath Lane 12/21/2021 $0 0 Colonial 1,602 0.63 3 2-1 -
  Criteria
A 9 Heath Lane 12/7/2017 $0 0.0 Colonial 2,952 0.6 4 3-1
B 19 Lyons Lane 3/24/2022 $0 0.0 Cape Cod 2,297 0.94 3 2-1
C 17 Lyons Lane 12/17/2015 $1,000,000 0.1 Vacant Land 1.55 -
D 21 Lyons Lane 10/1/2019 $3,424,000 0.1 Cape Cod 3,326 1.08 4 3-1
E 8 Heath Lane 6/15/2022 $1,160,000 0.1 Cape Cod 2,395 0.4 4 4-
F 3 Heath Lane 9/15/2004 $0 0.1 Vacant Land 0.45 -
G 6 Heath Lane 11/7/2011 $1,100,000 0.1 Colonial 2,842 0.42 3 3-
H 15 Lyons Lane 7/20/2021 $0 0.1 Modern/Contemp 2,193 1.39 3 3-
I 23 Lyons Lane 8/29/2005 $1,695,000 0.1 Colonial 2,345 1.44 4 4-1
J 22 Lyons Lane 9/29/2017 $0 0.1 Cape Cod 816 1.11 2 1-
K 29 Longwood Drive 11/2/2022 $2,100,000 0.1 Colonial 1,376 1.03 3 2-1
L 24 Flintlock Road 8/15/2014 $1,360,000 0.1 Custom Built 3,559 2.45 6 6-1
M 28 Flintlock Road 11/13/2013 $1,100,000 0.1 Cape Cod 2,536 1.15 4 3-1
N 4 Heath Lane 7/1/2013 $1,025,000 0.1 Colonial 2,050 0.51 3 3-1
O 20 Lyons Lane 6/29/2016 $900,000 0.1 Colonial 1,072 1.14 3 1-1
P 15 Chuck Hollow Road 11/2/2022 $6,500,000 0.1 Colonial 4,104 2.76 6 6-1
Q 15 Chuck Hollow Road-Lot 150 10/19/2001 $0 0.1 Outbuildings 0.88 -
Averages 3375 days $1,256,706 0.08 --- 1,992 1.14 --- ---  
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
76 92 7 Heath Lane