23 Ridge Lane, Nantucket, MA 02554

Owner Information
Owner 1
William V Cuddy & Lynnann
Owner 2
Owner's Address
2 Murchison Place White Plains, NY 10605
Market Sale Information
Most recent sale date
6/2/2003
Previous sale date
11/01/1983
Transfer document #
C0020757-
Previous transfer document
C0010-0804
Grantor
Margaret M Holcomb
Previous grantor
Most recent sale price
$635,000.00
Previous sale price
$0.00
Site Information
Property ID
38-75
Lot Size
0.24
Use Code
101 - Residential, single family
Zoning
LUG2
Building Style
Colonial
Number of Rooms
Stories
1.5
Number of Beds
4
Year Built
1985
Number of full baths
2
Condition
Number of half baths
Finished Area
1656
Number of Kitchen
1
Gross Living Area
2904
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
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$831,200.00
Total value
$1,592,800.00
Building value
$761,600.00
Estimated tax
$4,985.00
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 23 Ridge Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $383.45 Style Colonial Age 1985 Rooms Bedrooms 4 Full baths 2 Half baths Gross Living Area 2904 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.24 Roof Cover Wood Shingle AEM Value - Building $761,600.00 AEM Value - Land $831,200.00 AEM Value - Other $0.00 AEM Value - Total $1,592,800.00
A) 40 Long Pond Drive 0.9 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
@ 23 Ridge Lane 6/2/2003 $635,000 0 Colonial 1,656 0.24 4 2- -
  Criteria
A 40 Long Pond Drive 9/24/2024 $3,088,000 0.9 Cape Cod 1,960 0.47 3 3-
Averages 12 days $3,088,000 0.86 --- 1,960 0.47 --- ---  

Estimation of Market Value - $2,946,014

As of today, 10/05/2024, the estimated market value of 23 Ridge Lane, Nantucket considering the above 1 comparable properties is $2,946,014.

 

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
@ 23 Ridge Lane 6/2/2003 $635,000 0 Colonial 1,656 0.24 4 2- -
  Criteria
A 25 Ridge Lane 8/30/2019 $1,100,000 0.0 Cape Cod 1,504 0.24 3 2-
B 21 Ridge Lane 8/25/2021 $100 0.0 Colonial 1,638 0.25 3 2-
C 27 Ridge Lane 4/28/2017 $1,250,000 0.0 Cape Cod 1,623 0.24 5 2-
D 20 Ridge Lane 3/11/2022 $0 0.0 Colonial 1,933 0.3 3 2-1
E 22 Ridge Lane 4/4/2006 $0 0.0 Cape Cod 1,080 0.24 3 2-
F 24 Ridge Lane 10/20/2005 $0 0.0 Cape Cod 2,622 0.24 4 2-1
G 19 Ridge Lane 10/6/2023 $2,800,000 0.0 Custom Built 1,584 0.26 3 2-
H 14 The Grove 10/24/2017 $1,265,000 0.0 Colonial 1,691 0.25 3 2-1
I 18 Ridge Lane $0 0.1 Colonial 2,240 0.23 4 3-
J 12 The Grove 11/24/2000 $0 0.1 Colonial 2,371 0.29 3 2-1
K 16 The Grove 3/12/1997 $110,000 0.1 Colonial 1,628 0.25 3 2-
L 17 Ridge Lane 3/15/2021 $968,000 0.1 Cape Cod 1,378 0.31 4 2-
M 16 Ridge Lane 10/26/2015 $0 0.1 Colonial 1,206 0.23 2 2-
N 11 North Point 4/9/2021 $0 0.1 Cape Cod 2,512 0.29 5 4-1
O 13 Fishers Landing Road 6/23/2017 $0 0.1 Colonial 1,732 0.24 3 2-1
P 10 The Grove 12/6/2000 $0 0.1 Gar/Apt Res 962 0.26 2 1-1
Q 29 Ridge Lane 11/17/2017 $640,000 0.1 Colonial 2,419 0.24 3 3-
R 11 Fishers Landing Road 10/2/2000 $0 0.1 Cape Cod 1,224 0.24 3 2-
S 9 North Point 5/22/2019 $1,425,000 0.1 Cape Cod 2,415 0.3 3 3-
T 8 Fishers Landing Road 11/17/1995 $0 0.1 Vacant Land 0.61 -
U 8 The Grove 8/24/2006 $0 0.1 Colonial 1,992 0.27 3 2-
V 28 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 2.74 -
W 15 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 0.35 -
X 31 Ridge Lane 1/20/2022 $0 0.1 Colonial 2,396 0.24 4 3-
Y 9 Fishers Landing Road 11/17/2021 $1,545,000 0.1 Cape Cod 1,488 0.28 3 2-1
Z 6 The Grove 12/13/2019 $1,149,000 0.1 Colonial 1,648 0.25 3 3-
- 7 North Point 10/6/2005 $1,050,000 0.1 Colonial 2,716 0.25 2 3-1
- 14 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 4.34 -
- 7 Fishers Landing Road 11/19/2008 $0 0.1 Colonial 1,436 0.26 2 2-
- 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-
- 2 The Grove 10/7/2022 $2,325,000 0.1 Colonial 1,866 0.26 2 2-
- 4 The Grove 2/28/2000 $250,000 0.1 Colonial 2,739 0.25 3 2-1
- 5 Fishers Landing Road 3/20/2008 $0 0.1 Colonial 1,613 0.24 3 1-1
- 7 West Way 1/25/2018 $515,000 0.1 Ranch 2,795 0.23 1 2-
- 4 Fishers Landing Road 6/3/1996 $312,000 0.1 Colonial 2,304 0.25 4 3-1
- 5 North Point 8/23/2022 $0 0.1 Cape Cod 1,657 0.25 2 2-
- 12 Ridge Lane 1/4/2002 $495,000 0.1 Colonial 1,600 0.23 3 1-1
- 0 Eel Point Road 12/18/2008 $0 0.1 Vacant Land 2.3 -
- 35 Ridge Lane 7/11/2016 $0 0.1 Colonial 1,528 0.25 3 2-1
- 5 West Way 9/14/1989 $115,000 0.1 Colonial 1,936 0.3 3 3-
Averages 5410 days $427,051 0.08 --- 1,640 0.48 --- ---  
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 75 23 Ridge Lane