40 SOMERSET LN
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Location
40 SOMERSET LN
Mblu
66/ / 74/ /
Acct#
00004884
Owner
KALMAN LYNDELL A TR & MICHAEL H TR
Assessment
$2,527,500
PID
4884
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,460,000$1,067,500$2,527,500

Owner of Record
OwnerKALMAN LYNDELL A TR & MICHAEL H TR
Co-OwnerLAK REV TRUST & MHK REV TRUST
Address40 SOMERSET LANE
NANTUCKET, MA 02554
Sale Price$1
Certificate
Book & Page 2021/118
Sale Date07/23/2025
Instrument99

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
KALMAN LYNDELL A TR & MICHAEL H TR$1 2021/1189907/23/2025
KALMAN LYNDELL A TR$0 1608/1769909/11/2017
KALMAN MICHAEL H & LYNDELL A$0 0156/101 11/01/1976

Building Information
Building 1 : Section 1
Year Built: 1976
Living Area: 3,471
Replacement Cost: $1,650,952
Building Percent Good: 88
Replacement Cost
Less Depreciation:
$1,452,800
Building Attributes
FieldDescription
Style:Ranch
ModelResidential
Grade:Avg to Good
Stories:1 Story
Occupancy1
Exterior Wall 1Wood Shingle
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Flr 1Carpet
Interior Flr 2 
Heat FuelOil
Heat Type:Hot Water
AC Type:None
Total Bedrooms:5 Bedrooms
Total Bthrms:3
Total Half Baths:1
Total Xtra Fixtrs: 
Total Rooms: 
Bath Style:Average
Kitchen Style:Modern
Num Kitchens01
Cndtn 
Num Park 
Fireplaces 
Fndtn Cndtn 
Basement 
Usrfld 706
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,661 2,661
TQSThree Quarter Story 1,080 810
FGRGarage, Finished 1,080 0
FOPPorch, Open, Finished 300 0
STPStoop 172 0
UBMBasement, Unfinished 2,661 0
USTUtility, Storage, Unfinished 30 0
WDKDeck, Wood 278 0
   8,262 3,471

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
FPL1FIREPLACE 1 ST1.00 UNITS$7,2001

Land
Land Use
Use Code1041
DescriptionACCESS APT  
ZoneR20
Neighborhood450
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.89
Frontage0
Depth0
Assessed Value$1,067,500

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$1,460,000$1,067,500$2,527,500
2025$1,765,400$766,800$2,532,200
2024$1,468,500$766,800$2,235,300
2023$1,082,500$731,400$1,813,900
2022$806,800$593,300$1,400,100

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