5 New Lane, Nantucket, MA 02554

Owner Information
Owner 1
Bradford J Rindler & Lisa
Owner 2
Owner's Address
1115 Commonwealth Ave Newton, MA 02459
Market Sale Information
Most recent sale date
3/27/2020
Previous sale date
03/30/2012
Transfer document #
C27667-
Previous transfer document
C0024185-0
Grantor
5 New Lane LLC
Previous grantor
Richard P Duchesney
Most recent sale price
$1,900,000.00
Previous sale price
$1,295,000.00
Site Information
Property ID
41-286
Lot Size
0.16
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1945
Number of full baths
2
Condition
Number of half baths
2
Finished Area
2374
Number of Kitchen
1
Gross Living Area
3548
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Salt Box
Heating type
Solar Assisted
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$933,300.00
Total value
$2,767,800.00
Building value
$1,834,500.00
Estimated tax
$9,078.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Subject Property1 Pinkham Circle48 Meadow View Drive24 Meadow View Drive2 Wamasquid Place7 Back Street-Lot 65340 Walsh Street66 Madaket Road5 New Lane17 Lily Street87 Main Street2 Brocks Court21 Pleasant Street16 Willard Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000Total Assessment ($)Total Assessment
Address 5 New Lane A) 2 Brocks CourtB) 17 Lily StreetC) 87 Main StreetD) 21 Pleasant StreetE) 66 Madaket RoadF) 24 Meadow View DriveG) 1 Pinkham CircleH) 48 Meadow View DriveI) 2 Wamasquid PlaceJ) 7 Back Street-Lot 653K) 40 Walsh StreetL) 16 Willard Street
Photo
Plan
Map
Proximity 0.30.40.40.50.60.60.60.70.80.80.80.8
Last Sold 3/14/20251/15/202512/12/20243/20/202511/8/202412/4/202410/15/202410/8/20242/13/202510/18/202410/10/202410/25/2024
Price $5,000,000$4,475,000$4,000,000$7,375,000$3,647,500$2,250,000$2,000,000$600,000$2,500,000$4,395,000$4,688,000$6,200,000
Net Living Area 2,6212,5322,6281,9362,8232,2121,9561,8811,9662,9541,8162,810
Stories 1.7522.5212122222
Sale Price/sft $800.34$1907.67$1767.38$1522.07$3809.40$1292.07$1017.18$1022.49$318.98$1271.62$1487.81$2581.50$2206.41
Style Cape CodAntiqueColonialAntiqueConventionalColonialColonialCape CodColonialColonialColonialColonialColonial
Age 1945180019891830192320021977198019831985200419472004
Rooms
Bedrooms 3443333323454
Full baths 2533132212323
Half baths 211211111
Gross Living Area 3548500438345296326644324484355235824372451227205715
Heating Fuel Forced Air-DucHot WaterForced Air-DucHot WaterHot WaterForced Air-DucHot WaterElectr BasebrdHot WaterElectr BasebrdForced Air-DucElectr BasebrdForced Air-Duc
Detached Garage
Lot Size 0.160.420.120.060.110.470.460.480.461.70.120.070.12
Roof Cover Asph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpWood Shingle
AEM Value - Building $1,834,500.00$2,409,400$1,899,400$2,161,500$2,690,500$1,413,900$1,017,400$654,300$694,400$950,900$1,643,300$773,200$2,530,100
AEM Value - Land $933,300.00$1,576,575$1,544,300$1,658,000$1,466,700$1,174,300$1,173,400$1,175,200$1,173,400$1,291,100$790,200$1,714,700$2,229,300
AEM Value - Other $0.00$0$0$0$0$0$0$0$0$0$0$0$0
AEM Value - Total $2,767,800.00$3,985,975$3,443,700$3,819,500$4,157,200$2,588,200$2,190,800$1,829,500$1,867,800$2,242,000$2,433,500$2,487,900$4,759,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 New Lane 3/27/2020 $1,900,000 0 Cape Cod 2,374 0.16 3 2-2 -
  Criteria
A 2 Brocks Court 3/14/2025 $5,000,000 0.3 Antique 2,621 0.42 4 5-1
B 17 Lily Street 1/15/2025 $4,475,000 0.4 Colonial 2,532 0.12 4 3-1
C 87 Main Street 12/12/2024 $4,000,000 0.4 Antique 2,628 0.06 3 3-
D 21 Pleasant Street 3/20/2025 $7,375,000 0.5 Conventional 1,936 0.11 3 1-2
E 66 Madaket Road 11/8/2024 $3,647,500 0.6 Colonial 2,823 0.47 3 3-1
F 24 Meadow View Drive 12/4/2024 $2,250,000 0.6 Colonial 2,212 0.46 3 2-1
G 1 Pinkham Circle 10/15/2024 $2,000,000 0.6 Cape Cod 1,956 0.48 3 2-
H 48 Meadow View Drive 10/8/2024 $600,000 0.7 Colonial 1,881 0.46 2 1-1
I 2 Wamasquid Place 2/13/2025 $2,500,000 0.8 Colonial 1,966 1.7 3 2-
J 7 Back Street-Lot 653 10/18/2024 $4,395,000 0.8 Colonial 2,954 0.12 4 3-1
K 40 Walsh Street 10/10/2024 $4,688,000 0.8 Colonial 1,816 0.07 5 2-
L 16 Willard Street 10/25/2024 $6,200,000 0.8 Colonial 2,810 0.12 4 3-1
Averages 119 days $3,927,542 0.62 --- 2,345 0.38 --- ---  

Estimation of Market Value - $3,810,028

As of today, 04/06/2025, the estimated market value of 5 New Lane, Nantucket considering the above 12 comparable properties is $3,810,028.

 

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
Subject Property17 New Lane11 New Lane6 Lowell Place1 Quaker Road147 Main Street2 Madaket Road37 Woodbury Lane15 New Lane4 Lowell Place12 Lowell Place14 Lowell Place0 Winn Street4 Madaket Road10 Lowell Place5 New Lane149 Main Street36 Woodbury Lane32 Woodbury Lane31 Woodbury Lane30 Woodbury Lane20 Woodbury Lane34 Woodbury Lane153 Main Street145 Main Street33 Woodbury Lane2 Winn Street5 Hedgebury Lane$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000$9,000,000$10,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 New Lane 3/27/2020 $1,900,000 0 Cape Cod 2,374 0.16 3 2-2 -
  Criteria
A 3 New Lane $0 0.0 Gar/Apt Res 897 0.17 2 1-
B 7-A New Lane 6/24/2024 $4,575,000 0.0 Guest Quarters 560 0.16 1 1-
C 6 New Lane 11/10/2021 $4,800,000 0.0 Custom Built 3,485 0.12 3 5-1
D 4 New Lane 12/12/1990 $200,000 0.0 Conventional 3,460 0.41 5 2-1
E 7 New Lane 10/30/2015 $3,200,000 0.0 Custom Built 4,034 0.21 5 5-2
F 4 Barnabas Lane 12/15/2000 $1,575,000 0.0 Colonial 2,687 0.17 5 4-1
G 164 Main Street 8/21/2020 $1,400,000 0.0 Antique 2,332 0.08 4 4-
H 6 Barnabas Lane 2/3/2022 $0 0.0 Colonial 4,690 0.18 6 5-1
I 9 New Lane 6/22/1993 $0 0.0 Ranch 1,303 0.21 2 2-
J 3 Madaket Road 12/3/2024 $2,000,000 0.0 Antique 1,242 0.11 3 1-2
K 162 Main Street 6/7/2021 $0 0.0 Bungalow 842 0.12 2 1-
L 5 Madaket Road 9/11/2007 $0 0.0 Cape Cod 1,287 0.2 2 1-
M 6-R New Lane 11/5/2021 $2,537,500 0.0 Colonial 1,792 0.12 3 2-1
N 8 New Lane 1/29/2021 $3,200,000 0.0 Colonial 2,633 0.46 5 4-1
O 9 Madaket Road 9/7/2021 $2,750,000 0.0 Colonial 1,944 0.54 4 2-
P 160 Main Street 5/27/2015 $850,000 0.0 Antique 1,600 0.09 4 2-
Q 8 Barnabas Lane 10/15/2009 $1,100,000 0.0 Vacant Land 0.18 -
R 11 New Lane 4/21/2000 $0 0.0 Cape Cod 1,170 0.21 2 0-
S 7 Madaket Road 8/1/2014 $860,000 0.1 Cape Cod 1,669 0.18 2 2-
T 5 Barnabas Lane 7/20/2020 $5,550,000 0.1 Custom Built 5,191 0.15 6 6-1
U 13 Madaket Road 1/22/2022 $0 0.1 Colonial 2,482 0.15 3 3-1
V 10 New Lane 11/15/2021 $0 0.1 Colonial 2,112 0.46 3 3-
W 158 Main Street 4/25/2002 $638,000 0.1 Antique 1,655 0.14 3 2-
X 10 Barnabas Lane 6/15/2011 $2,675,000 0.1 Colonial 3,082 0.17 3 3-1
Y 153 Main Street 3/31/2016 $2,000,000 0.1 Antique 4,896 0.23 6 6-1
Z 13 New Lane 12/15/2014 $2,580,000 0.1 Colonial 4,423 0.23 5 5-1
- 14 New Lane 6/17/2016 $2,262,500 0.1 Colonial 3,181 0.11 5 4-1
- 7 Barnabas Lane 1/4/2018 $1,980,000 0.1 Vacant Land 0.22 -
- 15 Madaket Road 2/9/1996 $560,000 0.1 Colonial 1,796 0.46 3 3-
- 4 Madaket Road 10/10/2014 $1,537,500 0.1 Conventional 2,165 0.12 4 3-1
- 15 New Lane 9/4/2018 $1,960,000 0.1 Cape Cod 2,234 0.14 4 4-
- 2 Madaket Road 12/30/1985 $0 0.1 Churches 1,344 0.16 0 0-
- 16 New Lane 9/15/2021 $0 0.1 Colonial 2,735 0.16 4 3-1
- 6 Ackermuck Way 11/1/2021 $4,895,000 0.1 Custom Built 2,924 0.64 4 4-1
- 12 Barnabas Lane 9/9/2020 $3,955,000 0.1 Colonial 4,144 0.18 4 4-2
- 0 Winn Street 4/27/2018 $1,775,000 0.1 Cape Cod 3,189 0.15 5 5-1
- 9 Barnabas Lane 10/20/2003 $1,675,000 0.1 Colonial 3,390 0.15 5 3-1
- 4 Meadow Lane 2/28/2005 $0 0.1 Ranch 1,294 0.18 2 1-
- 15-A Madaket Road 5/26/2017 $0 0.1 Colonial 2,801 0.5 4 4-1
- 8 Lowell Place 7/17/2018 $100 0.1 Antique 776 0.33 1 2-
- 149 Main Street 5/17/2024 $4,225,000 0.1 Conventional 1,698 0.14 3 1-1
- 17 New Lane 4/24/2020 $0 0.1 Vacant Land 0.12 -
- 4 Lowell Place 6/24/2013 $0 0.1 Colonial 1,730 0.09 4 5-
- 6 Meadow Lane 3/28/2012 $465,000 0.1 Colonial 1,318 0.17 3 3-
- 36 Woodbury Lane 2/23/2004 $0 0.1 Colonial 2,584 0.17 5 3-1
- 11 Barnabas Lane 9/26/2013 $1,800,000 0.1 Colonial 2,136 0.15 3 3-
- 6 Lowell Place 7/17/2018 $100 0.1 Cape Cod 962 0.08 3 1-1
- 34 Woodbury Lane 5/29/1992 $110,000 0.1 Colonial 3,236 0.12 3 4-
- 32 Woodbury Lane 4/21/2017 $0 0.1 Colonial 2,100 0.12 3 2-1
- 156 Main Street 4/15/2005 $1,000,000 0.1 Antique 1,554 0.08 3 2-
- 5 Ackermuck Way 7/2/1997 $230,000 0.1 Cape Cod 2,061 1.2 5 2-
- 30 Woodbury Lane 9/9/2020 $2,942,500 0.1 Colonial 2,609 0.12 4 3-1
- 3 Meadow Lane 8/13/2004 $0 0.1 Ranch 909 0.2 3 1-
- 1 Hedgebury Lane 6/27/2024 $4,862,500 0.1 Ranch 1,188 0.53 4 3-
- 15-B Madaket Road $0 0.1 Colonial 2,057 0.51 4 4-1
- 10 Lowell Place 11/3/1998 $275,000 0.1 Conventional 1,835 0.12 3 2-
- 3 Lowell Place 5/26/2023 $2,600,000 0.1 Colonial 1,190 0.05 3 3-1
- 147 Main Street 12/16/2020 $0 0.1 Antique 1,485 0.07 3 2-1
- 12 Lowell Place 7/31/2020 $898,000 0.1 Ranch 1,762 0.31 2 2-
- 18 New Lane 2/3/1997 $0 0.1 Cape Cod 2,137 0.37 4 3-
- 13 Barnabas Lane 7/25/2003 $1,200,000 0.1 Colonial 2,904 0.15 5 3-1
- 154 Main Street 9/25/2001 $468,750 0.1 Antique 2,158 0.09 4 3-
- 145 Main Street 4/14/2022 $0 0.1 Antique 5,601 0.24 5 6-1
- 2 Winn Street 10/21/2021 $6,250,000 0.1 Custom Built 3,950 0.19 5 5-1
- 5 Meadow Lane 3/2/2007 $1,250,000 0.1 Cape Cod 1,935 0.33 4 2-
- 3 Hedgebury Lane 5/18/2011 $3,340,000 0.1 Custom Built 5,796 0.52 5 7-2
- 8 Meadow Lane 7/12/2019 $0 0.1 Cape Cod 1,200 0.2 4 2-
- 24 Woodbury Lane 9/6/2022 $0 0.1 Colonial 2,838 0.15 5 4-1
- 152 Main Street 10/7/2022 $2,291,250 0.1 Antique 1,610 0.14 3 2-
- 1 Quaker Road $0 0.1 Vacant Land 4.69 -
- 14 Lowell Place 9/9/2022 $0 0.1 Guest Quarters 3,195 0.12 1 3-1
- 22 Woodbury Lane 5/1/2014 $2,325,000 0.1 Colonial 2,106 0.15 4 2-1
- 150 Main Street 11/25/2015 $1,900,000 0.1 Conventional 1,056 0.11 3 3-1
- 7 Meadow Lane 10/30/2003 $1,625,000 0.1 Colonial 3,046 0.32 3 3-1
- 5 Hedgebury Lane 1/25/2022 $7,105,000 0.1 Cape Cod 2,317 0.48 4 3-3
- 20 New Lane 1/17/2024 $4,350,000 0.1 Colonial 2,247 0.12 4 3-1
- 17 Madaket Road 10/19/2018 $1,413,750 0.1 Cape Cod 3,265 0.5 3 3-1
- 33 Woodbury Lane 3/12/2013 $0 0.1 Colonial 5,779 0.41 5 6-1
- 37 Woodbury Lane 7/13/2018 $0 0.1 Vacant Land 0.15 -
- 31 Woodbury Lane 5/27/2015 $2,461,150 0.1 Colonial 2,968 0.24 5 4-1
- 4 Quaker Road 1/12/2010 $2,800,000 0.1 Guest Quarters 836 0.2 1 1-
- 20 Woodbury Lane 10/9/2012 $2,650,000 0.1 Colonial 2,600 0.11 5 4-
- 29 Woodbury Lane 11/16/2012 $2,550,000 0.1 Colonial 3,448 0.23 3 3-1
- 148 Main Street 9/30/2016 $4,695,000 0.1 Antique 3,473 0.12 4 4-1
Averages 4177 days $1,561,590 0.08 --- 2,290 0.28 --- ---  
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
41 286 5 New Lane