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
2024
Land Value
$1,014,400.00
Total value
$2,792,000.00
Building value
$1,777,600.00
Estimated tax
$8,738.00
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 5 New Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $800.34 Style Cape Cod Age 1945 Rooms Bedrooms 3 Full baths 2 Half baths 2 Gross Living Area 3548 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.16 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,777,600.00 AEM Value - Land $1,014,400.00 AEM Value - Other $0.00 AEM Value - Total $2,792,000.00
A) 20 New Lane 0.1 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
B) 108 Main Street 0.3 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
C) 45 West Chester Street 0.3 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
D) 1 Farmer Street 0.6 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
E) 45 Fair Street 0.6 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
F) 16 Polliwog Pond Road 0.6 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
G) 56 Walsh Street 0.8 2/15/2024 $5,000,000 2,028 1.75 $2465.48 Cape Cod 1930 5 3 1 3275 Electr Basebrd 0.11 Wood Shingle $1,129,500 $2,656,800 $0 $3,786,300
H) 40 Walsh Street 0.8 1/4/2024 $2,900,000 1,816 2 $1596.92 Colonial 1947 5 2 2720 Electr Basebrd 0.07 Asph/F Gls/Cmp $736,400 $1,746,400 $0 $2,482,800
I) 10 Aurora Way 0.8 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
J) 7 Yompasham Lane 0.8 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
# 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 20 New Lane 1/17/2024 $4,350,000 0.1 Colonial 2,247 0.12 4 3-1
B 108 Main Street 3/19/2024 $4,500,000 0.3 Antique 2,005 0.17 6 4-1
C 45 West Chester Street 4/17/2024 $3,200,000 0.3 Conventional 1,972 0.14 4 3-
D 1 Farmer Street 5/10/2024 $3,600,000 0.6 Antique 2,430 0.06 3 3-1
E 45 Fair Street 5/8/2024 $4,800,000 0.6 Custom Built 2,854 0.07 4 4-1
F 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.6 Cape Cod 1,830 0.24 5 2-
G 56 Walsh Street 2/15/2024 $5,000,000 0.8 Cape Cod 2,028 0.11 5 3-1
H 40 Walsh Street 1/4/2024 $2,900,000 0.8 Colonial 1,816 0.07 5 2-
I 10 Aurora Way 1/9/2024 $4,650,000 0.8 Colonial 2,468 0.18 4 3-1
J 7 Yompasham Lane 2/14/2024 $2,262,500 0.8 Conventional 1,878 0.25 3 3-
Averages 122 days $3,751,250 0.58 --- 2,153 0.14 --- ---  

Estimation of Market Value - $3,838,700

As of today, 06/27/2024, the estimated market value of 5 New Lane, Nantucket considering the above 10 comparable properties is $3,838,700.

 

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
@ 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 7/30/2018 $1,250,000 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 10/25/2019 $0 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 3944 days $1,494,775 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