47 Ridge Lane, Nantucket, MA 02554

Owner Information
Owner 1
Susan K Richards & Peter H
Owner 2
Owner's Address
47 Ridge Ln Nantucket, MA 02554
Market Sale Information
Most recent sale date
11/18/2016
Previous sale date
03/19/2012
Transfer document #
C0026285-
Previous transfer document
C0018205-0
Grantor
Susan K Richards
Previous grantor
Henry Kanter
Most recent sale price
$0.00
Previous sale price
$425,000.00
Site Information
Property ID
38-62
Lot Size
0.32
Use Code
101 - Residential, single family
Zoning
LUG2
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
5
Year Built
1995
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1764
Number of Kitchen
1
Gross Living Area
2400
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
$850,100.00
Total value
$1,531,800.00
Building value
$681,700.00
Estimated tax
$4,794.00
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 47 Ridge Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1995 Rooms Bedrooms 5 Full baths 2 Half baths 1 Gross Living Area 2400 Heating Fuel Hot Water Detached Garage Lot Size 0.32 Roof Cover Asph/F Gls/Cmp AEM Value - Building $681,700.00 AEM Value - Land $850,100.00 AEM Value - Other $0.00 AEM Value - Total $1,531,800.00
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
@ 47 Ridge Lane 11/18/2016 $0 0 Colonial 1,764 0.32 5 2-1 -
  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 - $2,968,227

As of today, 10/05/2024, the estimated market value of 47 Ridge Lane, Nantucket considering the above 1 comparable properties is $2,968,227.

 

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
@ 47 Ridge Lane 11/18/2016 $0 0 Colonial 1,764 0.32 5 2-1 -
  Criteria
A 45 Ridge Lane 4/13/2012 $0 0.0 Vacant Land 0.37 -
B 49 Ridge Lane 10/4/2016 $0 0.0 Colonial 3,218 0.3 3 4-
C 31 Warrens Landing Road 11/17/1995 $0 0.0 Vacant Land 1 -
D 43 Ridge Lane 4/13/2012 $0 0.0 Colonial 2,880 0.27 4 3-1
E 42 Ridge Lane 5/6/2022 $2,595,000 0.0 Cape Cod 2,565 0.32 4 4-
F 51 Ridge Lane 3/2/2011 $0 0.0 Colonial 1,762 0.25 3 3-1
G 48 Ridge Lane 12/18/2017 $0 0.0 Cape Cod 1,701 0.26 3 2-1
H 41 Ridge Lane 10/14/2022 $0 0.0 Colonial 1,875 0.26 3 2-1
I 50 Ridge Lane 12/3/2009 $810,000 0.1 Cape Cod 1,750 0.24 3 2-
J 38 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 0.23 -
K 0 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 0.05 -
L 39 Ridge Lane 8/31/2015 $0 0.1 Colonial 2,621 0.25 3 3-
M 36 Ridge Lane 8/17/2015 $540,000 0.1 Vacant Land 0.23 -
N 23 Warrens Landing Road 11/17/1995 $0 0.1 Vacant Land 1.1 -
O 6 West Way 3/13/2019 $1,252,000 0.1 Gar/Apt Res 808 0.27 2 1-1
P 37 Ridge Lane 2/15/2005 $1,495,000 0.1 Colonial 3,046 0.25 4 4-1
Q 4 West Way 12/20/2016 $0 0.1 Ranch 961 0.26 2 1-
R 4 Richards Landing Road 8/29/1997 $355,000 0.1 Custom Built 3,692 1.84 4 4-
S 34 Ridge Lane 9/20/2002 $344,000 0.1 Colonial 3,007 0.26 4 3-1
T 2 West Way 2/10/2020 $0 0.1 Cape Cod 1,558 0.24 3 2-
U 2 Richards Landing Road 2/26/1997 $285,000 0.1 Vacant Land 1.86 -
V 35 Ridge Lane 7/11/2016 $0 0.1 Colonial 1,528 0.25 3 2-1
W 36 Warrens Landing Road 7/11/2012 $975,000 0.1 Custom Built 5,400 3 7 7-2
X 30 Creek Lane 5/24/2016 $1,351,500 0.1 Colonial 2,664 0.51 3 2-1
Y 7 West Way 1/25/2018 $515,000 0.1 Ranch 2,795 0.23 1 2-
Z 33 Ridge Lane 10/23/1998 $195,000 0.1 Colonial 2,473 0.25 4 4-
- 5 West Way 9/14/1989 $115,000 0.1 Colonial 1,936 0.3 3 3-
- 30 Ridge Lane 10/22/1997 $0 0.1 Colonial 1,296 0.3 2 1-1
- 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
- 35 Warrens Landing Road 8/22/2024 $665,000 0.1 Colonial 2,682 1.87 4 2-1
- 31 Ridge Lane 1/20/2022 $0 0.1 Colonial 2,396 0.24 4 3-
- 34 Warrens Landing Road 7/20/1994 $0 0.1 Antique 1,072 1.91 3 1-1
Averages 5699 days $355,379 0.07 --- 1,820 0.59 --- ---  
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 62 47 Ridge Lane