1 Ridge Lane, Nantucket, MA 02554

Owner Information
Owner 1
John A Lee & Kelly C
Owner 2
Owner's Address
4 Harrison Drive Newtown Sq, PA 19073
Market Sale Information
Most recent sale date
7/14/2022
Previous sale date
03/25/2022
Transfer document #
C28892-
Previous transfer document
C28757-0
Grantor
Ronald Jackowitz
Previous grantor
Jacqueline Jackowitz
Most recent sale price
$2,005,000.00
Previous sale price
$0.00
Site Information
Property ID
38-91
Lot Size
0.24
Use Code
101 - Residential, single family
Zoning
LUG2
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1982
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1702
Number of Kitchen
1
Gross Living Area
2683
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
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$944,500.00
Total value
$1,924,900.00
Building value
$980,400.00
Estimated tax
$6,024.00
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 1 Ridge Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,178.03 Style Colonial Age 1982 Rooms Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 2683 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.24 Roof Cover Asph/F Gls/Cmp AEM Value - Building $980,400.00 AEM Value - Land $944,500.00 AEM Value - Other $0.00 AEM Value - Total $1,924,900.00
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
@ 1 Ridge Lane 7/14/2022 $2,005,000 0 Colonial 1,702 0.24 3 1-1 -
  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 0.84 --- 1,960 0.47 --- ---  

Estimation of Market Value - $3,324,503

As of today, 10/06/2024, the estimated market value of 1 Ridge Lane, Nantucket considering the above 1 comparable properties is $3,324,503.

 

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
@ 1 Ridge Lane 7/14/2022 $2,005,000 0 Colonial 1,702 0.24 3 1-1 -
  Criteria
A 3 Ridge Lane 3/15/2012 $0 0.0 Cape Cod 1,677 0.24 2 2-
B 2 Ridge Lane 4/17/2013 $0 0.0 Cape Cod 2,266 0.24 3 2-
C 5 Ridge Lane 11/20/1998 $510,000 0.0 Cape Cod 2,184 0.26 3 2-1
D 4 Ridge Lane 1/18/2017 $1,040,000 0.0 Colonial 1,944 0.24 3 2-
E 6 Ridge Lane 10/24/1995 $230,000 0.0 Colonial 2,595 0.29 3 3-
F 7 Ridge Lane 10/14/2011 $0 0.0 Colonial 1,296 0.26 3 2-
G 8 Ridge Lane 5/28/2015 $0 0.1 Colonial 2,085 0.29 3 2-1
H 9 Ridge Lane 10/3/2023 $1,800,000 0.1 Cape Cod 1,055 0.24 2 2-
I 10 Ridge Lane 6/14/2013 $0 0.1 Cape Cod 1,384 0.24 3 2-
J 11 Ridge Lane 4/9/2020 $0 0.1 Colonial 960 0.26 3 2-1
K 14 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 4.34 -
L 7 Warrens Landing Road 11/17/1995 $0 0.1 Colonial 1,182 2.3 3 2-
M 12 Ridge Lane 1/4/2002 $495,000 0.1 Colonial 1,600 0.23 3 1-1
N 13 Ridge Lane 2/19/2008 $1,100,000 0.1 Cape Cod 1,202 0.29 3 2-1
O 7 Fishers Landing Road 11/19/2008 $0 0.1 Colonial 1,436 0.26 2 2-
P 9 Fishers Landing Road 11/17/2021 $1,545,000 0.1 Cape Cod 1,488 0.28 3 2-1
Q 5 Fishers Landing Road 3/20/2008 $0 0.1 Colonial 1,613 0.24 3 1-1
R 1 North Point 3/7/2007 $0 0.1 Cape Cod 2,159 0.35 3 3-
S 11 Fishers Landing Road 10/2/2000 $0 0.1 Cape Cod 1,224 0.24 3 2-
T 3 Fishers Landing Road 9/27/2000 $0 0.1 Colonial 1,940 0.24 2 2-
U 1 Warrens Landing Road 11/17/1995 $0 0.1 Vacant Land 37.14 -
V 1 Fishers Landing Road 8/9/2004 $0 0.1 Gar/Apt Res 1,066 0.24 2 1-1
W 13 Fishers Landing Road 6/23/2017 $0 0.1 Colonial 1,732 0.24 3 2-1
X 16 Ridge Lane 10/26/2015 $0 0.1 Colonial 1,206 0.23 2 2-
Y 15 Ridge Lane 11/17/1995 $0 0.1 Vacant Land 0.35 -
Z 3 North Point 11/10/2016 $0 0.1 Colonial 1,893 0.28 3 3-
Averages 5983 days $258,462 0.08 --- 1,430 1.92 --- ---  
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 91 1 Ridge Lane