5 Franklin Street, Nantucket, MA 02554

5 Franklin Street Nantucket MA 02554
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Owner Information
Owner 1
Margaret Ann Ruley
Owner 2
MA Ruley Revocable Trust
Owner's Address
14 Croton Place Irvington, NY 10533
Market Sale Information
Most recent sale date
4/6/2017
Previous sale date
03/24/2016
Transfer document #
01586-0199
Previous transfer document
01529-0167
Grantor
Margaret Ann Ruley
Previous grantor
Margaret Ann Ruley
Most recent sale price
$0.00
Previous sale price
$2,500.00
Site Information
Property ID
41-391
Lot Size
0.12
Use Code
109 - Multiple Houses on one parcel
Zoning
R1
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1934
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1635
Number of Kitchen
1
Gross Living Area
3254
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Carpet, Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,040,300.00
Total value
$1,889,700.00
Building value
$849,400.00
Estimated tax
$5,914.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 5 Franklin Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1934 Rooms Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 3254 Heating Fuel Hot Water Detached Garage Lot Size 0.12 Roof Cover Asph/F Gls/Cmp AEM Value - Building $849,400.00 AEM Value - Land $1,040,300.00 AEM Value - Other $0.00 AEM Value - Total $1,889,700.00
A) 21 Pine Street 0.6 3/13/2024 $3,725,000 1,449 1.75 $2570.74 Antique 1850 3 3 1910 Hot Water 0.1 Asph/F Gls/Cmp $1,214,300 $2,091,700 $0 $3,306,000
B) 36 Union Street 0.7 1/29/2024 $3,500,000 1,697 1.75 $2062.46 Antique 1800 4 3 2051 Hot Water 0.21 Asph/F Gls/Cmp $1,379,400 $2,245,400 $0 $3,624,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Franklin Street 4/6/2017 $0 0 Cape Cod 1,635 0.12 4 2-1 -
  Criteria
A 21 Pine Street 3/13/2024 $3,725,000 0.6 Antique 1,449 0.1 3 3-
B 36 Union Street 1/29/2024 $3,500,000 0.7 Antique 1,697 0.21 4 3-
Averages 131 days $3,612,500 0.66 --- 1,573 0.15 --- ---  

Estimation of Market Value - $2,862,401

As of today, 06/30/2024, the estimated market value of 5 Franklin Street, Nantucket considering the above 2 comparable properties is $2,862,401.

 

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
Mailing Labels
  • 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 Franklin Street 4/6/2017 $0 0 Cape Cod 1,635 0.12 4 2-1 -
  Criteria
A 3 Franklin Street-Lot 267 9/6/2007 $1,775,000 0.0 Cape Cod 1,702 0.12 2 4-1
B 31 New Lane $0 0.0 Bungalow 560 0.23 2 1-
C 44-R West Chester Street 10/29/1991 $0 0.0 Family Conver. 2,000 0.14 4 3-
D 3 Franklin Street 5/9/2023 $3,350,000 0.0 Bungalow 920 0.12 3 2-
E 0 West Chester Street 1/19/2000 $0 0.0 Vacant Land 0.09 -
F 42 North Liberty Street 7/3/2017 $0 0.0 Ranch 1,295 0.11 2 2-
G 46 West Chester Street 9/27/2021 $0 0.0 Family Conver. 2,231 0.22 4 2-
H 1 Franklin Street 5/20/2013 $0 0.0 Ranch 728 0.09 2 1-
I 44 West Chester Street 10/29/1991 $0 0.0 Ranch 1,107 0.05 2 1-
J 42 West Chester Street 11/22/2022 $0 0.0 Conventional 2,787 0.19 3 3-
K 44 North Liberty Street 1/7/2021 $1,863,000 0.0 Conventional 1,176 0.13 3 1-
L 38 North Liberty Street $0 0.0 Bungalow 1,110 0.23 2 1-
M 30 New Lane 8/31/1994 $0 0.0 Cape Cod 1,988 0.27 4 3-
N 46 North Liberty Street 4/6/2012 $820,000 0.0 Conventional 1,406 0.13 3 2-
O 32 New Lane 10/2/2003 $1,225,000 0.0 Colonial 1,920 0.22 3 2-
P 27 New Lane $0 0.0 Vacant Land 2.35 -
Q 40 North Liberty Street 7/29/2008 $0 0.0 Conventional 1,461 0.09 4 2-
R 40 West Chester Street 6/11/2010 $700,000 0.1 Colonial 1,560 0.09 4 2-
S 48 West Chester Street 3/19/2018 $0 0.1 Conventional 1,903 0.13 3 2-
T 36 North Liberty Street $313,000 0.1 Conventional 1,386 0.14 4 2-
U 41 West Chester Street 6/28/1989 $0 0.1 Antique 2,539 0.12 2 3-
V 1 Wyers Way 12/30/2010 $0 0.1 Vacant Land 0.17 -
W 45 West Chester Street 4/17/2024 $3,200,000 0.1 Conventional 1,972 0.14 4 3-
X 43 North Liberty Street 9/19/2017 $1,150,000 0.1 Ranch 1,076 0.08 3 2-
Y 45-A-B Vestal Street 3/16/2016 $2,250,000 0.1 Custom Built 2,407 0.47 4 4-1
Z 48 North Liberty Street 5/6/2021 $0 0.1 Colonial 1,912 0.12 3 2-1
- 45 North Liberty Street $175,000 0.1 Conventional 1,788 0.07 3 3-1
- 41 North Liberty Street 4/20/2018 $2,075,000 0.1 Cape Cod 1,789 0.12 3 2-1
- 50 West Chester Street 10/2/2020 $2,995,000 0.1 Custom Built 2,964 0.17 4 3-1
- 34 North Liberty Street 3/17/1992 $150,000 0.1 Cape Cod 1,021 0.2 2 1-
- 3 Wyers Way 10/25/2018 $2,100,000 0.1 Ranch 1,260 0.17 2 1-
- 3 Powderhouse Lane 11/1/2021 $2,437,500 0.1 Ranch 2,268 0.33 3 2-
- 39 North Liberty Street 10/30/2018 $0 0.1 Antique 2,136 0.22 4 3-
- 38 West Chester Street 12/28/2000 $0 0.1 Bungalow 1,394 0.15 2 2-
- 43 West Chester Street 9/26/2002 $0 0.1 Ranch 1,150 0.62 4 2-
- 37 North Liberty Street-Lot 156 7/23/1999 $1,050,000 0.1 Colonial 2,727 0.29 5 3-
- 26 New Lane $0 0.1 Vacant Land 2.11 -
- 33 North Liberty Street 1/10/2011 $0 0.1 Colonial 2,898 0.17 3 2-1
- 52 West Chester Street 11/8/2018 $1,999,000 0.1 Conventional 1,929 0.18 3 2-
- 37 West Chester Street 10/1/2021 $2,432,625 0.1 Ranch 1,885 0.16 3 3-1
- 9 Grove Lane 11/6/2012 $860,000 0.1 Colonial 2,658 0.14 4 4-1
- 50 North Liberty Street 11/1/2013 $1,750,000 0.1 Conventional 2,350 0.22 4 3-
- 2 Sunset Hill Lane 2/11/1987 $0 0.1 Bungalow 756 0.04 2 1-
- 36 West Chester Street 8/17/2020 $4,725,000 0.1 Custom Built 3,849 0.25 5 5-1
- 49-A West Chester Street 4/22/2014 $0 0.1 Bungalow 880 0.1 1 1-
- 37 North Liberty Street 8/2/2016 $0 0.1 Vacant Land 0.06 -
- 32 North Liberty Street 1/5/2004 $965,000 0.1 Antique 1,404 0.1 3 3-1
- 4 Sunset Hill Lane 11/7/2023 $2,300,000 0.1 Conventional 1,882 0.07 3 2-
- 54 West Chester Street 9/27/2011 $750,000 0.1 Ranch 1,358 0.18 3 2-
- 7-A Grove Lane 4/15/2021 $1,800,000 0.1 Bungalow 596 0.12 2 1-
- 51 North Liberty Street 6/13/2016 $0 0.1 Colonial 1,788 0.14 6 3-
- 29 North Liberty Street 1/15/2016 $1,700,000 0.1 Antique 2,513 0.14 3 2-
- 5 Grove Lane 11/30/1998 $0 0.1 Four Family 2,976 0.23 8 4-
- 56 West Chester Street 6/30/2021 $0 0.1 Cape Cod 2,137 0.41 3 3-
- 51 West Chester Street 11/1/2010 $1,412,500 0.1 Colonial 1,176 0.12 2 2-1
- 35 West Chester Street 7/14/2015 $0 0.1 Colonial 1,920 0.19 3 2-
- 56 North Liberty Street 10/17/1990 $180,000 0.1 Family Conver. 1,653 0.15 3 2-
- 21 Grove Lane 9/8/2006 $50,000 0.1 Vacant Land 1.71 -
- 30 North Liberty Street 11/22/2023 $2,150,000 0.1 Conventional 1,365 0.12 3 1-
- 60 North Liberty Street 5/15/1995 $561,200 0.1 Colonial 3,530 0.29 4 4-1
- 34 West Chester Street 11/13/2020 $3,700,000 0.1 Antique 2,683 2.76 5 4-1
- 47 West Chester Street 6/23/2010 $900,000 0.1 Cape Cod 1,680 1.17 4 2-1
- 47-A West Chester Street 10/22/2021 $3,700,000 0.1 Colonial 2,896 1.22 5 4-1
- 58 North Liberty Street 5/1/2018 $1,500,000 0.1 Colonial 2,466 0.12 3 2-
- 53 North Liberty Street 9/20/2013 $1,050,000 0.1 Colonial 1,516 0.16 4 2-
- 10 Sunset Hill Lane 10/14/2020 $3,500,000 0.1 Antique 2,412 0.28 4 3-1
- 3 Grove Lane 5/22/1998 $0 0.1 Family Conver. 2,172 0.14 5 2-
- 58 West Chester Street 9/11/2017 $0 0.1 Colonial 1,954 0.47 4 3-
- 28 North Liberty Street 9/4/1984 $170,000 0.1 Conventional 1,486 0.12 3 3-
- 27 North Liberty Street 8/8/2023 $2,495,000 0.1 Antique 1,181 0.27 2 2-
- 6 Sunset Hill Lane 7/6/1994 $150,000 0.1 Conventional 1,545 0.09 4 2-
- 33 West Chester Street 6/26/2024 $2,825,000 0.1 Bungalow 1,577 0.14 3 2-
- 17 Grove Lane 12/31/2002 $0 0.1 Vacant Land 0.32 -
- 10 Grove Lane $0 0.1 Vacant Land 1.01 -
- 25 New Lane 12/19/1988 $325,000 0.1 Vacant Land 1 -
- 57 West Chester Street 9/27/2018 $0 0.1 Colonial 3,184 0.26 3 3-1
- 8 Grove Lane 2/2/2000 $1,300,000 0.1 Vacant Land 0.32 -
- 1 Grove Lane 9/29/2017 $1,625,000 0.1 Bungalow 2,373 0.13 5 2-
- 62 North Liberty Street 12/28/2012 $0 0.1 Bungalow 1,503 0.22 4 2-
- 6 Grove Lane 2/2/2000 $1,300,000 0.1 Colonial 5,052 0.99 6 6-
- 55 North Liberty Street 10/4/2007 $0 0.1 Bungalow 1,011 0.19 2 1-
- 60 West Chester Street 12/13/2007 $0 0.1 Cape Cod 1,765 0.5 4 2-
Averages 4984 days $924,437 0.08 --- 1,654 0.34 --- ---  
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
41 391 5 Franklin Street