50 Ridge Lane, Nantucket, MA 02554

50 Ridge Lane Nantucket MA 02554
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Owner Information
Owner 1
Robert S Warren
Owner 2
Owner's Address
788 Hale St Beverly, MA 01915
Market Sale Information
Most recent sale date
12/3/2009
Previous sale date
10/08/2004
Transfer document #
C0023422-
Previous transfer document
C0021466-0
Grantor
Michael Davis
Previous grantor
Alan T Girroir
Most recent sale price
$810,000.00
Previous sale price
$875,000.00
Site Information
Property ID
38-108
Lot Size
0.24
Use Code
101 - Residential, single family
Zoning
LUG2
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1997
Number of full baths
2
Condition
Number of half baths
Finished Area
1750
Number of Kitchen
Gross Living Area
3478
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$755,600.00
Total value
$1,426,600.00
Building value
$671,000.00
Estimated tax
$4,465.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 50 Ridge Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $462.86 Style Cape Cod Age 1997 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 3478 Heating Fuel Hot Water Detached Garage Lot Size 0.24 Roof Cover Asph/F Gls/Cmp AEM Value - Building $671,000.00 AEM Value - Land $755,600.00 AEM Value - Other $0.00 AEM Value - Total $1,426,600.00
A) 40 Long Pond Drive 0.7 9/24/2024 $3,088,000 1,960 1.75 $1575.51 Cape Cod 1965 5 3 3 3692 Forced Air-Duc 0.47 Wood Shingle $756,600 $741,600 $0 $1,498,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 50 Ridge Lane 12/3/2009 $810,000 0 Cape Cod 1,750 0.24 3 2- -
  Criteria
A 40 Long Pond Drive 9/24/2024 $3,088,000 0.7 Cape Cod 1,960 0.47 3 3-
Averages 12 days $3,088,000 0.72 --- 1,960 0.47 --- ---  

Estimation of Market Value - $2,848,783

As of today, 10/05/2024, the estimated market value of 50 Ridge Lane, Nantucket considering the above 1 comparable properties is $2,848,783.

 

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
@ 50 Ridge Lane 12/3/2009 $810,000 0 Cape Cod 1,750 0.24 3 2- -
  Criteria
A 48 Ridge Lane 12/18/2017 $0 0.0 Cape Cod 1,701 0.26 3 2-1
B 23 Warrens Landing Road 11/17/1995 $0 0.0 Vacant Land 1.1 -
C 51 Ridge Lane 3/2/2011 $0 0.0 Colonial 1,762 0.25 3 3-1
D 42 Ridge Lane 5/6/2022 $2,595,000 0.0 Cape Cod 2,565 0.32 4 4-
E 49 Ridge Lane 10/4/2016 $0 0.0 Colonial 3,218 0.3 3 4-
F 4 West Way 12/20/2016 $0 0.0 Ranch 961 0.26 2 1-
G 2 West Way 2/10/2020 $0 0.0 Cape Cod 1,558 0.24 3 2-
H 38 Ridge Lane 11/17/1995 $0 0.0 Vacant Land 0.23 -
I 6 West Way 3/13/2019 $1,252,000 0.0 Gar/Apt Res 808 0.27 2 1-1
J 47 Ridge Lane 11/18/2016 $0 0.1 Colonial 1,764 0.32 5 2-1
K 31 Warrens Landing Road 11/17/1995 $0 0.1 Vacant Land 1 -
L 30 Creek Lane 5/24/2016 $1,351,500 0.1 Colonial 2,664 0.51 3 2-1
M 36 Ridge Lane 8/17/2015 $540,000 0.1 Vacant Land 0.23 -
N 45 Ridge Lane 4/13/2012 $0 0.1 Vacant Land 0.37 -
O 43 Ridge Lane 4/13/2012 $0 0.1 Colonial 2,880 0.27 4 3-1
P 34 Ridge Lane 9/20/2002 $344,000 0.1 Colonial 3,007 0.26 4 3-1
Q 41 Ridge Lane 10/14/2022 $0 0.1 Colonial 1,875 0.26 3 2-1
R 1 West Way 7/23/2020 $0 0.1 Colonial 2,415 0.23 3 3-1
S 0 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 0.05 -
T 3 West Way 6/7/1991 $235,000 0.1 Colonial 1,960 0.3 4 2-1
U 28 Creek Lane 5/4/2000 $0 0.1 Colonial 3,454 0.38 4 3-
V 39 Ridge Lane 8/31/2015 $0 0.1 Colonial 2,621 0.25 3 3-
W 5 West Way 9/14/1989 $115,000 0.1 Colonial 1,936 0.3 3 3-
X 37 Ridge Lane 2/15/2005 $1,495,000 0.1 Colonial 3,046 0.25 4 4-1
Y 7 West Way 1/25/2018 $515,000 0.1 Ranch 2,795 0.23 1 2-
Z 35 Ridge Lane 7/11/2016 $0 0.1 Colonial 1,528 0.25 3 2-1
- 26 Creek Lane 11/12/1991 $0 0.1 Colonial 2,561 0.42 3 3-
- 30 Ridge Lane 10/22/1997 $0 0.1 Colonial 1,296 0.3 2 1-1
- 24 Creek Lane 1/7/2016 $0 0.1 Colonial 2,873 0.59 4 4-
- 33 Ridge Lane 10/23/1998 $195,000 0.1 Colonial 2,473 0.25 4 4-
- 22 Creek Lane 9/6/2022 $0 0.1 Colonial 2,745 0.5 3 2-1
- 31 Ridge Lane 1/20/2022 $0 0.1 Colonial 2,396 0.24 4 3-
- 20 Creek Lane 7/31/2017 $1,350,000 0.1 Cape Cod 1,902 0.51 4 2-
- 36 Warrens Landing Road 7/11/2012 $975,000 0.1 Custom Built 5,400 3 7 7-2
- 28 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 2.74 -
- 32 Warrens Landing Road 5/10/2010 $0 0.1 Colonial 4,344 3.85 5 3-1
- 34 Warrens Landing Road 7/20/1994 $0 0.1 Antique 1,072 1.91 3 1-1
Averages 5644 days $296,284 0.07 --- 1,935 0.62 --- ---  
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
38 108 50 Ridge Lane