49 Ridge Lane, Nantucket, MA 02554

49 Ridge Lane Nantucket MA 02554
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Owner Information
Owner 1
Evan D Marley
Owner 2
Forty Nine Ridge Lane Nom Trust
Owner's Address
P O Box 1435 Nantucket, MA 02554
Market Sale Information
Most recent sale date
10/4/2016
Previous sale date
06/29/2005
Transfer document #
C0021834-
Previous transfer document
C0021834-0
Grantor
Charles T Coffin
Previous grantor
Charles T Coffin
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
38-61
Lot Size
0.3
Use Code
109 - Multiple Houses on one parcel
Zoning
LUG2
Building Style
Colonial
Number of Rooms
Stories
1
Number of Beds
3
Year Built
2002
Number of full baths
4
Condition
Number of half baths
Finished Area
3218
Number of Kitchen
1
Gross Living Area
4908
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
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$845,400.00
Total value
$3,656,100.00
Building value
$2,810,700.00
Estimated tax
$11,443.00
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 49 Ridge Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 2002 Rooms Bedrooms 3 Full baths 4 Half baths Gross Living Area 4908 Heating Fuel Hot Water Detached Garage Lot Size 0.3 Roof Cover Wood Shingle AEM Value - Building $2,810,700.00 AEM Value - Land $845,400.00 AEM Value - Other $0.00 AEM Value - Total $3,656,100.00
A) 35 Warrens Landing Road 0.1 8/22/2024 $665,000 2,682 2 $247.95 Colonial 1996 4 2 1 5712 Hot Water 1.87 Asph/F Gls/Cmp $1,362,700 $2,443,300 $0 $3,806,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 49 Ridge Lane 10/4/2016 $0 0 Colonial 3,218 0.3 3 4- -
  Criteria
A 35 Warrens Landing Road 8/22/2024 $665,000 0.1 Colonial 2,682 1.87 4 2-1
Averages 45 days $665,000 0.12 --- 2,682 1.87 --- ---  

Estimation of Market Value - $718,355

As of today, 10/05/2024, the estimated market value of 49 Ridge Lane, Nantucket considering the above 1 comparable properties is $718,355.

 

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
@ 49 Ridge Lane 10/4/2016 $0 0 Colonial 3,218 0.3 3 4- -
  Criteria
A 31 Warrens Landing Road 11/17/1995 $0 0.0 Vacant Land 1 -
B 51 Ridge Lane 3/2/2011 $0 0.0 Colonial 1,762 0.25 3 3-1
C 47 Ridge Lane 11/18/2016 $0 0.0 Colonial 1,764 0.32 5 2-1
D 45 Ridge Lane 4/13/2012 $0 0.0 Vacant Land 0.37 -
E 42 Ridge Lane 5/6/2022 $2,595,000 0.0 Cape Cod 2,565 0.32 4 4-
F 48 Ridge Lane 12/18/2017 $0 0.0 Cape Cod 1,701 0.26 3 2-1
G 50 Ridge Lane 12/3/2009 $810,000 0.0 Cape Cod 1,750 0.24 3 2-
H 43 Ridge Lane 4/13/2012 $0 0.0 Colonial 2,880 0.27 4 3-1
I 38 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 0.23 -
J 41 Ridge Lane 10/14/2022 $0 0.1 Colonial 1,875 0.26 3 2-1
K 23 Warrens Landing Road 11/17/1995 $0 0.1 Vacant Land 1.1 -
L 0 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 0.05 -
M 36 Ridge Lane 8/17/2015 $540,000 0.1 Vacant Land 0.23 -
N 6 West Way 3/13/2019 $1,252,000 0.1 Gar/Apt Res 808 0.27 2 1-1
O 4 West Way 12/20/2016 $0 0.1 Ranch 961 0.26 2 1-
P 39 Ridge Lane 8/31/2015 $0 0.1 Colonial 2,621 0.25 3 3-
Q 2 West Way 2/10/2020 $0 0.1 Cape Cod 1,558 0.24 3 2-
R 30 Creek Lane 5/24/2016 $1,351,500 0.1 Colonial 2,664 0.51 3 2-1
S 34 Ridge Lane 9/20/2002 $344,000 0.1 Colonial 3,007 0.26 4 3-1
T 37 Ridge Lane 2/15/2005 $1,495,000 0.1 Colonial 3,046 0.25 4 4-1
U 36 Warrens Landing Road 7/11/2012 $975,000 0.1 Custom Built 5,400 3 7 7-2
V 4 Richards Landing Road 8/29/1997 $355,000 0.1 Custom Built 3,692 1.84 4 4-
W 2 Richards Landing Road 2/26/1997 $285,000 0.1 Vacant Land 1.86 -
X 35 Ridge Lane 7/11/2016 $0 0.1 Colonial 1,528 0.25 3 2-1
Y 34 Warrens Landing Road 7/20/1994 $0 0.1 Antique 1,072 1.91 3 1-1
Z 5 West Way 9/14/1989 $115,000 0.1 Colonial 1,936 0.3 3 3-
- 7 West Way 1/25/2018 $515,000 0.1 Ranch 2,795 0.23 1 2-
- 3 West Way 6/7/1991 $235,000 0.1 Colonial 1,960 0.3 4 2-1
- 1 West Way 7/23/2020 $0 0.1 Colonial 2,415 0.23 3 3-1
- 28 Creek Lane 5/4/2000 $0 0.1 Colonial 3,454 0.38 4 3-
- 32 Warrens Landing Road 5/10/2010 $0 0.1 Colonial 4,344 3.85 5 3-1
- 30 Ridge Lane 10/22/1997 $0 0.1 Colonial 1,296 0.3 2 1-1
- 33 Ridge Lane 10/23/1998 $195,000 0.1 Colonial 2,473 0.25 4 4-
- 35 Warrens Landing Road 8/22/2024 $665,000 0.1 Colonial 2,682 1.87 4 2-1
Averages 5918 days $344,926 0.08 --- 1,883 0.69 --- ---  
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 61 49 Ridge Lane