5 Folger Lane, Nantucket, MA 02554

5 Folger Lane Nantucket MA 02554
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Owner Information
Owner 1
5 Folger Lane Realty Trust
Owner 2
C/O Rubin & Rudman LLP
Owner's Address
53 State St 15th Fl Boston, MA 02109
Market Sale Information
Most recent sale date
9/19/2014
Previous sale date
03/14/2014
Transfer document #
C0025341-
Previous transfer document
C0025156-0
Grantor
Sabadell United Bank Na
Previous grantor
James L Monroe
Most recent sale price
$4,000,000.00
Previous sale price
$3,578,893.00
Site Information
Property ID
4244-33-2
Lot Size
0.14
Use Code
109 - Multiple Houses on one parcel
Zoning
ROH
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
5
Year Built
2000
Number of full baths
5
Condition
Number of half baths
Finished Area
4958
Number of Kitchen
1
Gross Living Area
8568
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
$2,281,100.00
Total value
$8,563,300.00
Building value
$6,282,200.00
Estimated tax
$26,803.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 Folger Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $806.78 Style Colonial Age 2000 Rooms Bedrooms 5 Full baths 5 Half baths Gross Living Area 8568 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.14 Roof Cover Wood Shingle AEM Value - Building $6,282,200.00 AEM Value - Land $2,281,100.00 AEM Value - Other $0.00 AEM Value - Total $8,563,300.00
A) 33 Cliff Road 0.1 9/16/2024 $13,950,000 5,863 2 $2379.33 Colonial 1900 5 8 8081 Electr Basebrd 0.62 Asph/F Gls/Cmp $4,360,500 $5,685,000 $0 $10,045,500
B) 8 Jefferson Avenue 0.3 9/11/2024 $8,850,000 4,286 2 $2064.86 Colonial 2002 4 4 1 5522 Forced Air-Duc 0.37 Wood Shingle $4,318,900 $3,398,300 $0 $7,717,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Folger Lane 9/19/2014 $4,000,000 0 Colonial 4,958 0.14 5 5- -
  Criteria
A 33 Cliff Road 9/16/2024 $13,950,000 0.1 Colonial 5,863 0.62 5 8-
B 8 Jefferson Avenue 9/11/2024 $8,850,000 0.3 Colonial 4,286 0.37 4 4-1
Averages 15 days $11,400,000 0.19 --- 5,075 0.5 --- ---  

Estimation of Market Value - $11,065,017

As of today, 09/28/2024, the estimated market value of 5 Folger Lane, Nantucket considering the above 2 comparable properties is $11,065,017.

 

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 Folger Lane 9/19/2014 $4,000,000 0 Colonial 4,958 0.14 5 5- -
  Criteria
A 3 Folger Lane 9/1/2005 $2,950,000 0.0 Colonial 5,272 0.13 5 6-1
B 7 Folger Lane 12/22/2020 $0 0.0 Colonial 5,572 0.17 5 7-
C 24 Cliff Road $0 0.0 Antique 3,479 1.04 5 5-1
D 6 Folger Lane 10/28/2016 $0 0.0 Colonial 3,182 0.15 4 4-1
E 8 Folger Lane 10/15/2009 $2,325,000 0.0 Colonial 3,821 0.14 4 5-1
F 22 Cliff Road 9/14/2021 $1,975,000 0.0 Antique 1,610 0.07 4 2-1
G 2 Folger Lane 4/16/2015 $0 0.0 Bungalow 968 0.2 3 1-1
H 18 Cliff Road 9/22/2020 $5,100,000 0.0 Custom Built 4,337 0.18 5 5-1
I 20 Cliff Road 5/9/2023 $5,100,000 0.0 Antique 3,583 0.15 5 4-1
J 28 Cliff Road 10/22/2010 $0 0.0 Colonial 5,451 0.15 6 6-3
K 10 Folger Lane 4/17/2009 $0 0.0 Vacant Land 0.49 -
L 30 Cliff Road 3/16/2001 $0 0.0 Conventional 2,045 0.24 5 4-
M 6 Kite Hill Lane 2/25/2022 $7,550,000 0.0 Colonial 4,498 0.29 5 4-1
N 16 Cliff Road 10/4/2018 $5,050,000 0.0 Antique 3,999 0.35 5 4-1
O 3 Kite Hill Lane 6/13/2011 $0 0.1 Antique 2,316 0.12 3 4-
P 21 West Chester Street 7/1/2022 $5,411,000 0.1 Antique 2,483 0.14 4 4-1
Q 15 West Chester Street 6/4/1992 $0 0.1 Conventional 760 0.14 2 2-
R 5 Kite Hill Lane 4/11/2016 $3,590,000 0.1 Colonial 2,914 0.31 4 5-1
S 34-R Cliff Road 11/7/2008 $2,075,000 0.1 Antique 1,674 0.09 4 3-
T 36-R Cliff Road 10/9/2015 $4,992,000 0.1 Custom Built 5,752 0.18 5 6-2
U 34 Cliff Road 10/2/2017 $2,200,000 0.1 Antique 2,276 0.09 4 4-1
V 25 West Chester Street 7/11/2022 $0 0.1 Antique 2,036 0.25 4 2-
W 1 Kite Hill Lane 9/5/2024 $2,925,000 0.1 Antique 893 0.05 2 2-1
X 13 West Chester Street 10/12/2021 $0 0.1 Cape Cod 1,512 0.14 4 2-
Y 27 Cliff Road 8/26/2019 $0 0.1 Antique 6,073 0.52 5 6-
Z 17 Cliff Road 8/24/2022 $0 0.1 Antique 3,912 0.15 5 4-1
- 36 Cliff Road 6/30/2022 $3,200,000 0.1 Antique 2,136 0.08 4 2-1
- 24 Sunset Hill Lane 4/29/2013 $0 0.1 Antique 870 0.16 3 1-1
- 12 Cliff Road 8/4/2015 $0 0.1 Antique 4,387 0.09 7 7-
- 29 Cliff Road 10/6/2022 $0 0.1 Antique 4,402 0.25 5 9-
- 38-R Cliff Road 10/9/2015 $4,992,000 0.1 Outbuildings 0.13 -
- 38-40 Cliff Road 10/27/2015 $2,300,000 0.1 Antique 1,540 0.22 3 2-
- 21 Cliff Road 3/2/2011 $0 0.1 Antique 5,531 0.42 5 5-2
- 9 West Chester Street 11/8/2017 $2,000,000 0.1 Antique 3,301 0.1 6 6-1
- 8 West Chester Street 9/10/2021 $0 0.1 Antique 2,594 0.17 5 4-
- 19 Sunset Hill Lane $0 0.1 Antique 1,277 0.2 3 1-
- 2 Kite Hill Lane 5/18/2020 $3,400,000 0.1 Antique 2,871 0.55 5 5-
- 7 West Chester Street 5/25/2023 $1,600,000 0.1 Conventional 788 0.06 2 1-
- 20 West Chester Street 6/17/2024 $6,995,000 0.1 Custom Built 3,287 0.28 4 4-2
- 33 Cliff Road 9/16/2024 $13,950,000 0.1 Colonial 5,863 0.62 5 8-
- 42 Cliff Road 3/1/1990 $150,000 0.1 Bungalow 616 0.06 2 1-
- 22 Sunset Hill Lane 5/27/1987 $400,000 0.1 Vacant Land 0.28 -
- 35-A Cliff Road 7/16/2004 $9,750,000 0.1 Vacant Land 0.12 -
- 13 Cliff Road 10/25/2019 $0 0.1 Antique 3,976 0.45 5 4-
- 15 Cliff Road 4/23/2021 $8,100,000 0.1 Custom Built 4,134 0.46 5 6-1
- 44 Cliff Road 1/20/2017 $2,150,000 0.1 Antique 3,827 0.17 4 4-2
- 28 West Chester Street 3/20/2006 $3,000,000 0.1 Colonial 3,827 0.12 6 5-1
- 12 Sunset Hill Lane 4/7/1994 $0 0.1 Ranch 2,177 0.59 1 2-
- 30 West Chester Street 9/13/2019 $0 0.1 Colonial 1,314 0.11 3 1-1
- 6 West Chester Street 3/12/1997 $0 0.1 Cape Cod 1,040 0.34 2 1-1
- 27 West Chester Street 10/16/2020 $4,375,000 0.1 Custom Built 3,614 0.13 2 6-1
- 23 Cliff Road 8/25/2003 $0 0.1 Antique 3,715 1.26 6 7-1
- 84 Center Street 4/16/2021 $3,925,000 0.1 Custom Built 2,601 0.07 4 3-1
- 10-B Cliff Road 1/3/2020 $5,300,000 0.1 B+B/Inn 4,744 0.09 5 18-1
- 10-A Cliff Road 10/1/2020 $1,000,000 0.1 Colonial 1,132 0.03 3 3-
- 0 North Avenue 12/30/1999 $0 0.1 Vacant Land 0.42 -
- 24 West Chester Street 3/18/2005 $4,350,000 0.1 Cape Cod 3,529 1.12 3 3-
- 48 Cliff Road $0 0.1 Vacant Land 8.18 -
- 0 North Avenue $0 0.1 Vacant Land 0.12 -
- 11 Cliff Road 9/13/2017 $8,000,000 0.1 Antique 6,899 0.63 8 9-
- 26 West Chester Street 8/7/2020 $0 0.1 Colonial 4,838 0.49 4 5-1
- 35 Cliff Road 7/16/2004 $9,750,000 0.1 Custom Built 6,128 0.54 5 5-1
- 29 West Chester Street 2/22/2005 $1,690,000 0.1 Colonial 2,143 0.15 4 2-1
- 46 Cliff Road 12/20/2021 $0 0.1 Antique 4,901 0.19 5 5-
- 1 West Chester Street 9/12/2016 $1,795,000 0.1 Antique 2,024 0.12 4 2-1
- 1 Wesco Place 11/21/2005 $1,650,000 0.1 Colonial 1,542 0.11 3 3-1
- 67 Center Street 6/23/2017 $0 0.1 Antique 1,053 0.09 2 2-
- 39 Cliff Road 4/4/2023 $8,500,000 0.1 Custom Built 4,639 0.19 4 3-2
- 8 Cliff Road 6/1/2021 $1,115,000 0.1 Condominium 837 0 2 2-
- 8-C Cliff Road 6/27/2013 $620,000 0.1 Condominium 958 0 2 2-
- 8-D Cliff Road 11/22/2021 $1,550,000 0.1 Condominium 890 0 2 2-
- 8-E Cliff Road 7/30/1996 $300,000 0.1 Condominium 989 0 1 2-
- 8-F Cliff Road 2/24/2006 $750,000 0.1 Condominium 622 0 1 1-
- 8-A Cliff Road 4/3/2017 $993,800 0.1 Condominium 1,112 0 2 3-
- 32-B West Chester Street 9/30/2022 $0 0.1 Colonial 1,584 0.14 3 1-1
- 37 Cliff Road 12/23/2004 $2,700,000 0.1 Cape Cod 2,684 0.17 5 3-
- 31 West Chester Street 8/29/2016 $0 0.1 Colonial 1,798 0.12 4 3-
- 7 Gull Island Lane 6/1/2009 $0 0.1 Antique 3,920 1.9 5 5-
- 2 Wesco Place 3/3/2000 $0 0.1 Bungalow 912 0.11 2 1-
- 65 Center Street 5/11/2021 $6,250,000 0.1 Colonial 3,339 0.11 5 4-3
- 9 Cliff Road 9/9/2019 $3,900,000 0.1 B+B/Inn 5,278 0.17 5 9-
Averages 3836 days $2,243,751 0.08 --- 2,699 0.35 --- ---  
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
4244 33 2 5 Folger Lane