31 Ridge Lane, Nantucket, MA 02554

Owner Information
Owner 1
Robert S Engel Jr
Owner 2
Engel Robert S Jr Family Trust
Owner's Address
19 Cypress Lane Tyngsboro, MA 01879
Market Sale Information
Most recent sale date
1/20/2022
Previous sale date
11/23/2020
Transfer document #
C28690-
Previous transfer document
C28013-0
Grantor
Robert S Engel
Previous grantor
Brian T Casey
Most recent sale price
$0.00
Previous sale price
$2,175,000.00
Site Information
Property ID
38-71
Lot Size
0.24
Use Code
109 - Multiple Houses on one parcel
Zoning
LUG2
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1996
Number of full baths
3
Condition
Number of half baths
Finished Area
2396
Number of Kitchen
1
Gross Living Area
4595
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
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$831,200.00
Total value
$3,538,600.00
Building value
$2,707,400.00
Estimated tax
$11,075.00
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 31 Ridge Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1996 Rooms Bedrooms 4 Full baths 3 Half baths Gross Living Area 4595 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.24 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,707,400.00 AEM Value - Land $831,200.00 AEM Value - Other $0.00 AEM Value - Total $3,538,600.00
A) 35 Warrens Landing Road 0.2 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
@ 31 Ridge Lane 1/20/2022 $0 0 Colonial 2,396 0.24 4 3- -
  Criteria
A 35 Warrens Landing Road 8/22/2024 $665,000 0.2 Colonial 2,682 1.87 4 2-1
Averages 45 days $665,000 0.22 --- 2,682 1.87 --- ---  

Estimation of Market Value - $606,183

As of today, 10/05/2024, the estimated market value of 31 Ridge Lane, Nantucket considering the above 1 comparable properties is $606,183.

 

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
@ 31 Ridge Lane 1/20/2022 $0 0 Colonial 2,396 0.24 4 3- -
  Criteria
A 33 Ridge Lane 10/23/1998 $195,000 0.0 Colonial 2,473 0.25 4 4-
B 29 Ridge Lane 11/17/2017 $640,000 0.0 Colonial 2,419 0.24 3 3-
C 30 Ridge Lane 10/22/1997 $0 0.0 Colonial 1,296 0.3 2 1-1
D 35 Ridge Lane 7/11/2016 $0 0.0 Colonial 1,528 0.25 3 2-1
E 37 Ridge Lane 2/15/2005 $1,495,000 0.0 Colonial 3,046 0.25 4 4-1
F 7 West Way 1/25/2018 $515,000 0.0 Ranch 2,795 0.23 1 2-
G 34 Ridge Lane 9/20/2002 $344,000 0.1 Colonial 3,007 0.26 4 3-1
H 39 Ridge Lane 8/31/2015 $0 0.1 Colonial 2,621 0.25 3 3-
I 5 West Way 9/14/1989 $115,000 0.1 Colonial 1,936 0.3 3 3-
J 36 Ridge Lane 8/17/2015 $540,000 0.1 Vacant Land 0.23 -
K 28 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 2.74 -
L 27 Ridge Lane 4/28/2017 $1,250,000 0.1 Cape Cod 1,623 0.24 5 2-
M 0 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 0.05 -
N 6 West Way 3/13/2019 $1,252,000 0.1 Gar/Apt Res 808 0.27 2 1-1
O 41 Ridge Lane 10/14/2022 $0 0.1 Colonial 1,875 0.26 3 2-1
P 38 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 0.23 -
Q 3 West Way 6/7/1991 $235,000 0.1 Colonial 1,960 0.3 4 2-1
R 25 Ridge Lane 8/30/2019 $1,100,000 0.1 Cape Cod 1,504 0.24 3 2-
S 24 Ridge Lane 10/20/2005 $0 0.1 Cape Cod 2,622 0.24 4 2-1
T 4 West Way 12/20/2016 $0 0.1 Ranch 961 0.26 2 1-
U 1 West Way 7/23/2020 $0 0.1 Colonial 2,415 0.23 3 3-1
V 43 Ridge Lane 4/13/2012 $0 0.1 Colonial 2,880 0.27 4 3-1
W 23 Ridge Lane 6/2/2003 $635,000 0.1 Colonial 1,656 0.24 4 2-
X 12 The Grove 11/24/2000 $0 0.1 Colonial 2,371 0.29 3 2-1
Y 42 Ridge Lane 5/6/2022 $2,595,000 0.1 Cape Cod 2,565 0.32 4 4-
Z 22 Ridge Lane 4/4/2006 $0 0.1 Cape Cod 1,080 0.24 3 2-
- 10 The Grove 12/6/2000 $0 0.1 Gar/Apt Res 962 0.26 2 1-1
- 2 West Way 2/10/2020 $0 0.1 Cape Cod 1,558 0.24 3 2-
- 48 Ridge Lane 12/18/2017 $0 0.1 Cape Cod 1,701 0.26 3 2-1
- 8 The Grove 8/24/2006 $0 0.1 Colonial 1,992 0.27 3 2-
- 21 Ridge Lane 8/25/2021 $100 0.1 Colonial 1,638 0.25 3 2-
- 23 Warrens Landing Road 11/17/1995 $0 0.1 Vacant Land 1.1 -
- 45 Ridge Lane 4/13/2012 $0 0.1 Vacant Land 0.37 -
- 14 The Grove 10/24/2017 $1,265,000 0.1 Colonial 1,691 0.25 3 2-1
- 20 Ridge Lane 3/11/2022 $0 0.1 Colonial 1,933 0.3 3 2-1
- 6 The Grove 12/13/2019 $1,149,000 0.1 Colonial 1,648 0.25 3 3-
- 47 Ridge Lane 11/18/2016 $0 0.1 Colonial 1,764 0.32 5 2-1
- 50 Ridge Lane 12/3/2009 $810,000 0.1 Cape Cod 1,750 0.24 3 2-
- 13 Warrens Landing Road 11/17/1995 $0 0.1 Vacant Land 2.24 -
Averages 5462 days $362,438 0.08 --- 1,592 0.39 --- ---  
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 71 31 Ridge Lane