3 Cabot Lane, Nantucket, MA 02554

3 Cabot Lane Nantucket MA 02554
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Owner Information
Owner 1
Pilar Ray LLC
Owner 2
Owner's Address
10 Old Redding Weston, CT 06883
Market Sale Information
Most recent sale date
3/25/2013
Previous sale date
12/14/2012
Transfer document #
01376-0147
Previous transfer document
01359-0186
Grantor
Philip R Platek
Previous grantor
Three Cabot Lane LLC
Most recent sale price
$0.00
Previous sale price
$2,525,000.00
Site Information
Property ID
30-60
Lot Size
0.12
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Conventional
Number of Rooms
Stories
1.75
Number of Beds
5
Year Built
1988
Number of full baths
4
Condition
Number of half baths
Finished Area
3296
Number of Kitchen
1
Gross Living Area
4728
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
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
$3,391,500.00
Total value
$5,874,500.00
Building value
$2,483,000.00
Estimated tax
$18,387.00
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 3 Cabot Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Conventional Age 1988 Rooms Bedrooms 5 Full baths 4 Half baths Gross Living Area 4728 Heating Fuel Hot Water Detached Garage Lot Size 0.12 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,483,000.00 AEM Value - Land $3,391,500.00 AEM Value - Other $0.00 AEM Value - Total $5,874,500.00
A) 20 West Chester Street 0.3 6/17/2024 $6,995,000 3,287 2 $2128.08 Custom Built 2016 4 4 2 5325 Forced Air-Duc 0.28 Asph/F Gls/Cmp $4,768,600 $1,559,950 $0 $6,328,550
B) 24 Walsh Street 0.4 9/6/2024 $6,350,000 2,758 2.5 $2302.39 Antique 1840 5 5 1 3742 Forced Air-Duc 0.11 Wood Shingle $2,136,900 $2,197,500 $0 $4,334,400
C) 25 Union Street 0.8 8/19/2024 $2,365,000 3,537 2 $668.65 Antique 1806 5 2 1 7266 Hot Water 0.14 Wood Shingle $2,507,500 $2,226,200 $0 $4,733,700
D) 45 Fair Street 0.9 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Cabot Lane 3/25/2013 $0 0 Conventional 3,296 0.12 5 4- -
  Criteria
A 20 West Chester Street 6/17/2024 $6,995,000 0.3 Custom Built 3,287 0.28 4 4-2
B 24 Walsh Street 9/6/2024 $6,350,000 0.4 Antique 2,758 0.11 5 5-1
C 25 Union Street 8/19/2024 $2,365,000 0.8 Antique 3,537 0.14 5 2-1
D 45 Fair Street 5/8/2024 $4,800,000 0.9 Custom Built 2,854 0.07 4 4-1
Averages 80 days $5,127,500 0.60 --- 3,109 0.15 --- ---  

Estimation of Market Value - $5,848,136

As of today, 10/01/2024, the estimated market value of 3 Cabot Lane, Nantucket considering the above 4 comparable properties is $5,848,136.

 

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
@ 3 Cabot Lane 3/25/2013 $0 0 Conventional 3,296 0.12 5 4- -
  Criteria
A 9 Cabot Lane 8/15/2019 $7,500,000 0.0 Antique 2,862 1.73 5 3-1
B 2 Vinecliff Lane 6/1/2020 $6,000,000 0.0 Guest Quarters 608 0.25 1 1-1
C 6 Cabot Lane 9/30/1992 $0 0.0 Antique 2,303 0.18 3 3-1
D 49 Cliff Road 10/20/2008 $3,450,000 0.0 Antique 3,531 0.17 4 5-1
E 2 Cabot Lane 10/19/2021 $3,800,000 0.0 Antique 1,665 0.2 4 2-
F 51 Cliff Road 5/18/2001 $941,000 0.0 Antique 2,315 0.09 4 2-1
G 5 Nantucket Avenue 10/4/2018 $200,000 0.0 Conventional 3,892 0.16 5 4-1
H 6 Vinecliff Lane 5/20/2015 $10,350,000 0.0 Antique 5,716 0.48 5 5-1
I 1 Grant Avenue 10/19/2000 $3,400,000 0.0 Antique 2,828 0.22 4 4-
J 7 Cabot Lane 12/17/2001 $6,000,000 0.0 Antique 5,946 0.35 5 5-1
K 3 Nantucket Avenue 5/6/2008 $0 0.0 Colonial 1,806 0.17 5 2-
L 53 Cliff Road 4/26/1996 $545,000 0.0 Antique 2,643 0.15 4 5-1
M 3 Grant Avenue-Lot 144 8/19/2015 $0 0.0 Antique 3,143 0.35 5 5-
N 45 Cliff Road 10/15/2020 $20,000,000 0.0 Mansion 6,531 0.76 5 4-3
O 8 Nantucket Avenue 8/27/2004 $3,995,000 0.0 Colonial 3,083 0.14 5 4-1
P 52 Cliff Road 6/5/2007 $1,495,000 0.1 Cape Cod 2,592 0.14 4 3-
Q 5 Mooers Avenue 12/14/2012 $0 0.1 Colonial 2,256 0.11 4 4-
R 54 Cliff Road 7/17/2013 $0 0.1 Cape Cod 2,316 0.14 4 3-
S 55 Cliff Road 8/31/1984 $235,000 0.1 Antique 2,625 0.15 3 3-1
T 66-R North Beach Street 8/19/2015 $0 0.1 Vacant Land 0.08 -
U 56 Cliff Road 2/6/2012 $0 0.1 Colonial 1,584 0.15 4 4-1
V 5 Grant Avenue 1/18/2024 $26,000,000 0.1 Custom Built 7,194 0.42 5 5-2
W 6 Grant Avenue 11/8/2012 $4,200,000 0.1 Custom Built 4,302 0.16 6 4-1
X 58 Cliff Road 4/2/2014 $0 0.1 Colonial 2,247 0.12 4 3-1
Y 43 Cliff Road 5/24/2002 $0 0.1 Custom Built 5,978 0.7 5 6-1
Z 3 Grant Avenue $0 0.1 Vacant Land 0.3 -
- 7 Grant Avenue 6/23/2014 $10,737,500 0.1 Custom Built 3,116 0.37 4 4-1
- 14 Stone Barn Way 12/17/2018 $2,700,000 0.1 Custom Built 1,624 0.11 4 3-1
- 4 Nantucket Avenue 8/22/2008 $0 0.1 Colonial 4,048 0.42 5 3-1
- 89 North Liberty Street 6/3/1996 $450,000 0.1 Cape Cod 1,470 0.16 4 2-1
- 12 Stone Barn Way 8/9/1994 $187,500 0.1 Ranch 960 0.11 3 2-
- 50 Cliff Road $355,000 0.1 Aptovrret/Off 2,351 0.95 3 3-
- 85 North Liberty Street 9/8/2017 $1,775,000 0.1 Antique 1,969 0.11 2 1-1
- 10 Stone Barn Way 7/8/2019 $1,600,000 0.1 Colonial 1,288 0.13 2 2-1
- 2 Lincoln Avenue 9/9/2022 $14,250,000 0.1 Antique 5,635 0.24 6 6-3
- 11 Stone Barn Way 3/11/2015 $0 0.1 Ranch 1,218 0.12 3 2-
- 8 Mooers Avenue 11/7/2013 $3,250,000 0.1 Antique 2,642 0.12 4 3-1
- 41-A Cliff Road 6/12/2017 $0 0.1 Cape Cod 5,403 0.4 4 5-1
- 4 Mooers Avenue 12/15/1993 $535,000 0.1 Colonial 3,370 0.16 5 4-
- 83 North Liberty Street $0 0.1 Conventional 2,329 0.34 3 2-
- 3 Lincoln Avenue 3/9/1993 $0 0.1 Custom Built 6,554 1.02 7 8-1
- 62 North Beach Street-Lot 89 $0 0.1 Vacant Land 0.51 -
- 90 North Liberty Street 10/30/2020 $3,100,000 0.1 Antique 3,341 0.46 5 3-
- 62 North Beach Street $0 0.1 Vacant Land 0.42 -
- 37 Cliff Road 12/23/2004 $2,700,000 0.1 Cape Cod 2,684 0.17 5 3-
- 7 Highland Avenue 7/28/2020 $0 0.1 Cape Cod 1,014 0.18 3 1-
- 4 Lincoln Avenue 10/13/2020 $9,100,000 0.1 Custom Built 3,150 0.41 6 6-3
- 10 Jefferson Avenue-Lot 56 2/11/1993 $462,500 0.1 Vacant Land 0.02 -
- 4 Jefferson Avenue 1/6/2012 $0 0.1 Conventional 1,001 0.2 3 2-
- 46 Cliff Road 12/20/2021 $0 0.1 Antique 4,901 0.19 5 5-
- 61 Cliff Road 2/12/2004 $0 0.1 Colonial 2,700 0.15 5 4-1
- 5 Highland Avenue 7/26/2021 $0 0.1 Bungalow 820 0.18 2 1-
- 8 Stone Barn Way 8/20/2012 $950,000 0.1 Colonial 960 0.12 2 2-
- 86 North Liberty Street 10/25/2010 $0 0.1 Colonial 2,160 0.12 3 2-1
- 5 Lincoln Avenue 11/1/2006 $0 0.1 Antique 2,194 0.32 5 6-
- 41-B Cliff Road 9/3/2021 $7,000,000 0.1 Antique 3,478 0.59 4 4-1
- 8 Jefferson Avenue 9/11/2024 $8,850,000 0.1 Colonial 4,286 0.37 4 4-1
- 79 North Liberty Street 4/3/1992 $260,000 0.1 Colonial 3,018 0.21 5 4-
- 60 North Beach Street 10/11/1996 $375,000 0.1 Vacant Land 0.41 -
- 3 Highland Avenue 8/5/2011 $0 0.1 Custom Built 3,702 0.12 6 5-1
- 39 Cliff Road 4/4/2023 $8,500,000 0.1 Custom Built 4,639 0.19 4 3-2
- 58 North Beach Street 10/11/1996 $375,000 0.1 Vacant Land 0.41 -
- 6 Jefferson Avenue 1/24/2022 $0 0.1 Modern/Contemp 1,920 0.2 4 3-1
- 60 Cliff Road 6/28/2021 $4,450,000 0.1 Antique 3,699 0.29 5 5-
- 60-R Cliff Road 6/20/1997 $0 0.1 Conventional 1,294 0.44 4 3-1
- 56 North Beach Street 10/11/1996 $375,000 0.1 Vacant Land 0.42 -
- 44 Cliff Road 1/20/2017 $2,150,000 0.1 Antique 3,827 0.17 4 4-2
- 63 Cliff Road 6/27/2013 $3,740,000 0.1 Custom Built 2,614 0.26 5 5-1
- 10 Jefferson Avenue 2/11/1993 $462,500 0.1 Vacant Land 0.61 -
- 2 Jefferson Avenue 1/6/2012 $0 0.1 Conventional 2,260 0.13 4 3-1
- 7 Lincoln Avenue $750,000 0.1 Colonial 3,806 0.2 4 4-1
- 77 North Liberty Street 11/20/2001 $0 0.1 Colonial 3,046 0.2 4 3-1
- 84 North Liberty Street 9/14/2009 $6,600,000 0.1 Colonial 6,780 0.4 5 6-3
- 42 Cliff Road 3/1/1990 $150,000 0.1 Bungalow 616 0.06 2 1-
- 35 Cliff Road 7/16/2004 $9,750,000 0.1 Custom Built 6,128 0.54 5 5-1
- 6 Lincoln Avenue 10/21/2010 $0 0.1 Custom Built 8,301 0.61 6 7-1
Averages 5483 days $2,684,882 0.08 --- 2,793 0.3 --- ---  
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 60 3 Cabot Lane