5 West Way, Nantucket, MA 02554

Owner Information
Owner 1
Daniel C Lemaitre & Anne J
Owner 2
Owner's Address
5 West Way Nantucket, MA 02554
Market Sale Information
Most recent sale date
9/14/1989
Previous sale date
Transfer document #
C0014-0169
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$115,000.00
Previous sale price
N/A
Site Information
Property ID
38-136
Lot Size
0.3
Use Code
101 - Residential, single family
Zoning
LUG2
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1990
Number of full baths
3
Condition
Number of half baths
Finished Area
1936
Number of Kitchen
1
Gross Living Area
4372
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Radiant
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$768,500.00
Total value
$1,707,700.00
Building value
$939,200.00
Estimated tax
$5,345.00
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 5 West Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $59.40 Style Colonial Age 1990 Rooms Bedrooms 3 Full baths 3 Half baths Gross Living Area 4372 Heating Fuel Radiant Detached Garage Lot Size 0.3 Roof Cover Asph/F Gls/Cmp AEM Value - Building $939,200.00 AEM Value - Land $768,500.00 AEM Value - Other $0.00 AEM Value - Total $1,707,700.00
A) 40 Long Pond Drive 0.8 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
@ 5 West Way 9/14/1989 $115,000 0 Colonial 1,936 0.3 3 3- -
  Criteria
A 40 Long Pond Drive 9/24/2024 $3,088,000 0.8 Cape Cod 1,960 0.47 3 3-
Averages 12 days $3,088,000 0.76 --- 1,960 0.47 --- ---  

Estimation of Market Value - $3,284,998

As of today, 10/05/2024, the estimated market value of 5 West Way, Nantucket considering the above 1 comparable properties is $3,284,998.

 

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
@ 5 West Way 9/14/1989 $115,000 0 Colonial 1,936 0.3 3 3- -
  Criteria
A 7 West Way 1/25/2018 $515,000 0.0 Ranch 2,795 0.23 1 2-
B 3 West Way 6/7/1991 $235,000 0.0 Colonial 1,960 0.3 4 2-1
C 1 West Way 7/23/2020 $0 0.0 Colonial 2,415 0.23 3 3-1
D 30 Ridge Lane 10/22/1997 $0 0.0 Colonial 1,296 0.3 2 1-1
E 34 Ridge Lane 9/20/2002 $344,000 0.0 Colonial 3,007 0.26 4 3-1
F 6 West Way 3/13/2019 $1,252,000 0.0 Gar/Apt Res 808 0.27 2 1-1
G 4 West Way 12/20/2016 $0 0.0 Ranch 961 0.26 2 1-
H 28 Ridge Lane 11/17/1995 $0 0.0 Vacant Land 2.74 -
I 36 Ridge Lane 8/17/2015 $540,000 0.0 Vacant Land 0.23 -
J 2 West Way 2/10/2020 $0 0.0 Cape Cod 1,558 0.24 3 2-
K 38 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 0.23 -
L 33 Ridge Lane 10/23/1998 $195,000 0.1 Colonial 2,473 0.25 4 4-
M 35 Ridge Lane 7/11/2016 $0 0.1 Colonial 1,528 0.25 3 2-1
N 23 Warrens Landing Road 11/17/1995 $0 0.1 Vacant Land 1.1 -
O 31 Ridge Lane 1/20/2022 $0 0.1 Colonial 2,396 0.24 4 3-
P 37 Ridge Lane 2/15/2005 $1,495,000 0.1 Colonial 3,046 0.25 4 4-1
Q 29 Ridge Lane 11/17/2017 $640,000 0.1 Colonial 2,419 0.24 3 3-
R 39 Ridge Lane 8/31/2015 $0 0.1 Colonial 2,621 0.25 3 3-
S 42 Ridge Lane 5/6/2022 $2,595,000 0.1 Cape Cod 2,565 0.32 4 4-
T 48 Ridge Lane 12/18/2017 $0 0.1 Cape Cod 1,701 0.26 3 2-1
U 0 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 0.05 -
V 13 Warrens Landing Road 11/17/1995 $0 0.1 Vacant Land 2.24 -
W 41 Ridge Lane 10/14/2022 $0 0.1 Colonial 1,875 0.26 3 2-1
X 50 Ridge Lane 12/3/2009 $810,000 0.1 Cape Cod 1,750 0.24 3 2-
Y 8 The Grove 8/24/2006 $0 0.1 Colonial 1,992 0.27 3 2-
Z 16 Warrens Landing Road 11/17/1995 $0 0.1 Vacant Land 2.24 -
- 10 The Grove 12/6/2000 $0 0.1 Gar/Apt Res 962 0.26 2 1-1
- 43 Ridge Lane 4/13/2012 $0 0.1 Colonial 2,880 0.27 4 3-1
- 6 The Grove 12/13/2019 $1,149,000 0.1 Colonial 1,648 0.25 3 3-
- 12 The Grove 11/24/2000 $0 0.1 Colonial 2,371 0.29 3 2-1
- 4 The Grove 2/28/2000 $250,000 0.1 Colonial 2,739 0.25 3 2-1
- 24 Ridge Lane 10/20/2005 $0 0.1 Cape Cod 2,622 0.24 4 2-1
- 27 Ridge Lane 4/28/2017 $1,250,000 0.1 Cape Cod 1,623 0.24 5 2-
- 45 Ridge Lane 4/13/2012 $0 0.1 Vacant Land 0.37 -
- 47 Ridge Lane 11/18/2016 $0 0.1 Colonial 1,764 0.32 5 2-1
- 49 Ridge Lane 10/4/2016 $0 0.1 Colonial 3,218 0.3 3 4-
- 51 Ridge Lane 3/2/2011 $0 0.1 Colonial 1,762 0.25 3 3-1
- 22 Ridge Lane 4/4/2006 $0 0.1 Cape Cod 1,080 0.24 3 2-
- 30 Creek Lane 5/24/2016 $1,351,500 0.1 Colonial 2,664 0.51 3 2-1
- 25 Ridge Lane 8/30/2019 $1,100,000 0.1 Cape Cod 1,504 0.24 3 2-
- 2 The Grove 10/7/2022 $2,325,000 0.1 Colonial 1,866 0.26 2 2-
- 14 The Grove 10/24/2017 $1,265,000 0.1 Colonial 1,691 0.25 3 2-1
- 28 Creek Lane 5/4/2000 $0 0.1 Colonial 3,454 0.38 4 3-
- 20 Creek Lane 7/31/2017 $1,350,000 0.1 Cape Cod 1,902 0.51 4 2-
- 22 Creek Lane 9/6/2022 $0 0.1 Colonial 2,745 0.5 3 2-1
- 31 Warrens Landing Road 11/17/1995 $0 0.1 Vacant Land 1 -
- 18 Creek Lane 12/20/2012 $0 0.1 Colonial 4,227 0.52 3 4-
- 8 Fishers Landing Road 11/17/1995 $0 0.1 Vacant Land 0.61 -
- 24 Creek Lane 1/7/2016 $0 0.1 Colonial 2,873 0.59 4 4-
- 23 Ridge Lane 6/2/2003 $635,000 0.1 Colonial 1,656 0.24 4 2-
Averages 5425 days $385,930 0.08 --- 1,728 0.45 --- ---  
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
38 136 5 West Way