5 Cliff Lane, Nantucket, MA 02554

5 Cliff Lane Nantucket MA 02554
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Owner Information
Owner 1
Exposito Family Trust II LLC
Owner 2
Owner's Address
440 East Alto Dr Miami, FL 33139
Market Sale Information
Most recent sale date
10/28/2021
Previous sale date
07/22/2021
Transfer document #
1858-181
Previous transfer document
1838-222
Grantor
Yichus LLC
Previous grantor
J Misha Petkevich
Most recent sale price
$12,350,000.00
Previous sale price
$0.00
Site Information
Property ID
30-169
Lot Size
1.36
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Custom Built
Number of Rooms
Stories
1
Number of Beds
5
Year Built
2001
Number of full baths
6
Condition
Number of half baths
3
Finished Area
5770
Number of Kitchen
1
Gross Living Area
12336
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$3,643,800.00
Total value
$9,957,000.00
Building value
$6,313,200.00
Estimated tax
$31,165.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 5 Cliff Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $2,140.38 Style Custom Built Age 2001 Rooms Bedrooms 5 Full baths 6 Half baths 3 Gross Living Area 12336 Heating Fuel Forced Air-Duc Detached Garage Lot Size 1.36 Roof Cover Wood Shingle AEM Value - Building $6,313,200.00 AEM Value - Land $3,643,800.00 AEM Value - Other $0.00 AEM Value - Total $9,957,000.00
A) 3 Sherburne Way 0.3 5/30/2024 $8,000,000 4,626 1 $1729.36 Ranch 1960 5 4 6685 Hot Water 2.39 Wood Shingle $2,964,300 $22,912,800 $0 $25,877,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Cliff Lane 10/28/2021 $12,350,000 0 Custom Built 5,770 1.36 5 6-3 -
  Criteria
A 3 Sherburne Way 5/30/2024 $8,000,000 0.3 Ranch 4,626 2.39 5 4-
Averages 33 days $8,000,000 0.27 --- 4,626 2.39 --- ---  

Estimation of Market Value - $6,528,313

As of today, 07/02/2024, the estimated market value of 5 Cliff Lane, Nantucket considering the above 1 comparable properties is $6,528,313.

 

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
Mailing Labels
  • 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
@ 5 Cliff Lane 10/28/2021 $12,350,000 0 Custom Built 5,770 1.36 5 6-3 -
  Criteria
A 3 Cliff Lane 3/23/2017 $0 0.0 Custom Built 5,203 0.51 5 5-2
B 95 Cliff Road 12/14/2021 $10,700,000 0.0 Custom Built 6,226 0.92 4 5-1
C 7 Shady Lane 12/13/2019 $3,500,000 0.0 Colonial 3,524 0.46 4 3-1
D 0 Hinckley Lane-Rear 11/12/2021 $15,445 0.0 Vacant Land 0.34 -
E 3 Shady Lane 4/26/2017 $0 0.0 Colonial 3,410 0.72 5 4-
F 5 Shady Lane 12/28/2012 $0 0.0 Colonial 3,935 0.53 7 5-
G 87 Cliff Road 7/29/2022 $9,500,000 0.1 Custom Built 3,964 0.47 5 5-1
H 18 Kimball Avenue 8/19/2013 $8,900,000 0.1 Cape Cod 2,051 1.01 4 3-
I 85 Cliff Road 12/30/2021 $0 0.1 Colonial 3,117 0.46 3 3-1
J 86 Cliff Road 11/23/2020 $70,000 0.1 Vacant Land 0.05 -
K 19 Sherburne Turnpike 4/26/2017 $0 0.1 Cape Cod 1,372 1.39 3 2-
L 7 Hinckley Lane 10/18/2021 $23,500,000 0.1 Custom Built 4,804 1.96 6 5-1
M 84 Cliff Road 11/23/2020 $2,520,000 0.1 Colonial 2,417 0.28 3 2-1
N 0 Hinckley Lane-Rear 3/15/2021 $15,700,000 0.1 Vacant Land 0.31 -
O 83 Cliff Road 9/3/2002 $0 0.1 Cape Cod 2,203 0.46 4 2-
P 17 Sherburne Turnpike 7/8/2019 $1,587,500 0.1 Colonial 4,021 0.62 7 8-1
Q 39 Pilgrim Road 10/31/2013 $1,500,000 0.1 Colonial 1,932 0.2 3 1-2
R 4 Kimball Avenue 9/28/2017 $22,347 0.1 Colonial 1,862 1.05 4 2-
S 1 Kings Way 9/29/2009 $2,275,000 0.1 Colonial 4,107 0.31 4 3-1
T 94 Cliff Road 3/6/2020 $4,500,000 0.1 Custom Built 5,491 0.7 5 5-2
U 21 Kimball Avenue 8/30/2019 $0 0.1 Colonial 3,283 0.23 4 5-1
V 4 Heather Lane 3/15/2021 $15,700,000 0.1 Custom Built 5,352 1.27 5 5-1
W 81 Cliff Road 9/27/2023 $11,500,000 0.1 Cape Cod 4,509 0.48 3 6-2
X 11 Kimball Avenue 12/13/2001 $4,500,000 0.1 Custom Built 5,322 0.46 6 6-3
Y 37 Pilgrim Road 5/11/2022 $0 0.1 Colonial 1,610 0.28 3 2-
Z 96 Cliff Road 10/7/2013 $838,000 0.1 Custom Built 2,956 0.66 3 5-1
- 2 Kimball Avenue 9/28/2017 $22,683 0.1 Vacant Land 1.27 -
Averages 2514 days $4,327,814 0.08 --- 3,062 0.64 --- ---  
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
30 169 5 Cliff Lane