2 Folger Lane, Nantucket, MA 02554

Owner Information
Owner 1
Nobska Properties LLC
Owner 2
C/O Friis Ronald
Owner's Address
817 Summit Drive Greenville, SC 29609
Market Sale Information
Most recent sale date
4/16/2015
Previous sale date
12/31/2012
Transfer document #
C0025585-
Previous transfer document
C0018913-0
Grantor
Ronald J Friis
Previous grantor
Laetitia L Friis
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
4244-68
Lot Size
0.2
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Bungalow
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1930
Number of full baths
1
Condition
Number of half baths
1
Finished Area
968
Number of Kitchen
1
Gross Living Area
1358
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
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$2,201,900.00
Total value
$2,574,000.00
Building value
$372,100.00
Estimated tax
$8,442.00
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
66 Union Street12 New Street5 Cherry Street2 Folger Lane$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 2 Folger Lane A) 66 Union StreetB) 12 New StreetC) 5 Cherry Street
Photo
Plan
Map
Proximity 0.90.91.0
Last Sold 3/26/202510/8/202412/6/2024
Price $1,750,000$1,975,000$1,680,000
Net Living Area 1,0891,190972
Stories 1.7511.75
Sale Price/sft $0.00$1606.98$1659.66$1728.40
Style BungalowColonialAntiqueAntique
Age 1930195318641772
Rooms
Bedrooms 3332
Full baths 1222
Half baths 11
Gross Living Area 1358125032551872
Heating Fuel Electr BasebrdForced Air-DucHot WaterHot Water
Detached Garage
Lot Size 0.20.070.180.08
Roof Cover Asph/F Gls/CmpWood ShingleAsph/F Gls/CmpWood Shingle
AEM Value - Building $372,100.00$535,200$731,000$1,111,900
AEM Value - Land $2,201,900.00$851,800$772,900$404,200
AEM Value - Other $0.00$0$0$0
AEM Value - Total $2,574,000.00$1,387,000$1,503,900$1,516,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Folger Lane 4/16/2015 $0 0 Bungalow 968 0.2 3 1-1 -
  Criteria
A 66 Union Street 3/26/2025 $1,750,000 0.9 Colonial 1,089 0.07 3 2-1
B 12 New Street 10/8/2024 $1,975,000 0.9 Antique 1,190 0.18 3 2-
C 5 Cherry Street 12/6/2024 $1,680,000 1.0 Antique 972 0.08 2 2-
Averages 98 days $1,801,667 0.91 --- 1,084 0.11 --- ---  

Estimation of Market Value - $2,383,133

As of today, 03/31/2025, the estimated market value of 2 Folger Lane, Nantucket considering the above 3 comparable properties is $2,383,133.

 

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 Property7 West Chester Street2 Wesco Place6 West Chester Street24 Sunset Hill Lane19 Sunset Hill Lane32-B West Chester Street1 West Chester Street5 Chester Street30 West Chester Street2 Folger Lane1 Wesco Place29 West Chester Street8 West Chester Street9 West Chester Street6 Gull Island Lane1 Chester Street84 Center Street12 Sunset Hill Lane2 Cliff Road21 West Chester Street65 Center Street28 West Chester Street26 West Chester Street27 West Chester Street20 West Chester Street7 Gull Island Lane24 West Chester Street$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$9,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Folger Lane 4/16/2015 $0 0 Bungalow 968 0.2 3 1-1 -
  Criteria
A 3 Kite Hill Lane 6/13/2011 $0 0.0 Antique 2,316 0.12 3 4-
B 6 Folger Lane 10/28/2016 $0 0.0 Colonial 3,182 0.15 4 4-1
C 16 Cliff Road 10/4/2018 $5,050,000 0.0 Antique 3,999 0.35 5 4-1
D 3 Folger Lane 9/1/2005 $2,950,000 0.0 Colonial 5,272 0.13 5 6-1
E 18 Cliff Road 9/22/2020 $5,100,000 0.0 Custom Built 4,337 0.18 5 5-1
F 5 Kite Hill Lane 4/11/2016 $3,590,000 0.0 Colonial 2,914 0.31 4 5-1
G 1 Kite Hill Lane 9/5/2024 $2,925,000 0.0 Antique 893 0.05 2 2-1
H 5 Folger Lane 9/19/2014 $4,000,000 0.0 Colonial 4,958 0.14 5 5-
I 20 Cliff Road 5/9/2023 $5,100,000 0.0 Antique 3,583 0.15 5 4-1
J 15 West Chester Street 6/4/1992 $0 0.0 Conventional 760 0.14 2 2-
K 13 West Chester Street 10/12/2021 $0 0.0 Cape Cod 1,512 0.14 4 2-
L 8 Folger Lane 10/15/2009 $2,325,000 0.0 Colonial 3,821 0.14 4 5-1
M 22 Cliff Road 9/14/2021 $1,975,000 0.0 Antique 1,610 0.07 4 2-1
N 6 Kite Hill Lane 2/25/2022 $7,550,000 0.0 Colonial 4,498 0.29 5 4-1
O 12 Cliff Road 8/4/2015 $0 0.0 Antique 4,387 0.09 7 7-
P 7 Folger Lane 12/22/2020 $0 0.0 Colonial 5,572 0.17 5 7-
Q 24 Cliff Road $0 0.0 Antique 3,479 1.04 5 5-1
R 17 Cliff Road 8/24/2022 $0 0.0 Antique 3,912 0.15 5 4-1
S 21 West Chester Street 7/1/2022 $5,411,000 0.0 Antique 2,483 0.14 4 4-1
T 9 West Chester Street 11/8/2017 $2,000,000 0.1 Antique 3,301 0.1 6 6-1
U 2 Kite Hill Lane 5/18/2020 $3,400,000 0.1 Antique 2,871 0.55 5 5-
V 7 West Chester Street 5/25/2023 $1,600,000 0.1 Conventional 788 0.06 2 1-
W 28 Cliff Road 10/22/2010 $0 0.1 Colonial 5,451 0.15 6 6-3
X 10 Folger Lane 4/17/2009 $0 0.1 Vacant Land 0.49 -
Y 8 West Chester Street 9/10/2021 $0 0.1 Antique 2,594 0.17 5 4-
Z 21 Cliff Road 3/2/2011 $0 0.1 Antique 5,531 0.42 5 5-2
- 30 Cliff Road 3/16/2001 $0 0.1 Conventional 2,045 0.24 5 4-
- 13 Cliff Road 10/25/2019 $0 0.1 Antique 3,976 0.45 5 4-
- 27 Cliff Road 8/26/2019 $0 0.1 Antique 6,073 0.52 5 6-
- 25 West Chester Street 7/11/2022 $0 0.1 Antique 2,036 0.25 4 2-
- 84 Center Street 4/16/2021 $3,925,000 0.1 Custom Built 2,601 0.07 4 3-1
- 15 Cliff Road 4/23/2021 $8,100,000 0.1 Custom Built 4,134 0.46 5 6-1
- 20 West Chester Street 6/17/2024 $6,995,000 0.1 Custom Built 3,287 0.28 4 4-2
- 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-
- 6 West Chester Street 3/12/1997 $0 0.1 Cape Cod 1,040 0.34 2 1-1
- 1 West Chester Street 9/12/2016 $1,795,000 0.1 Antique 2,024 0.12 4 2-1
- 34 Cliff Road 10/2/2017 $2,200,000 0.1 Antique 2,276 0.09 4 4-1
- 24 Sunset Hill Lane 4/29/2013 $0 0.1 Antique 870 0.16 3 1-1
- 11 Cliff Road 9/13/2017 $8,000,000 0.1 Antique 6,899 0.63 8 9-
- 34-R Cliff Road 11/7/2008 $2,075,000 0.1 Antique 1,674 0.09 4 3-
- 67 Center Street 6/23/2017 $0 0.1 Antique 1,053 0.09 2 2-
- 29 Cliff Road 10/6/2022 $0 0.1 Antique 4,402 0.25 5 9-
- 36-R Cliff Road 10/9/2015 $4,992,000 0.1 Custom Built 5,752 0.18 5 6-2
- 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-
- 0 North Avenue $0 0.1 Vacant Land 0.12 -
- 23 Cliff Road 8/25/2003 $0 0.1 Antique 3,715 1.26 6 7-1
- 36 Cliff Road 6/30/2022 $3,200,000 0.1 Antique 2,136 0.08 4 2-1
- 0 North Avenue 12/30/1999 $0 0.1 Vacant Land 0.42 -
- 65 Center Street 5/11/2021 $6,250,000 0.1 Colonial 3,339 0.11 5 4-3
- 24 West Chester Street 3/18/2005 $4,350,000 0.1 Cape Cod 3,529 1.12 3 3-
- 19 Sunset Hill Lane $0 0.1 Antique 1,277 0.2 3 1-
- 28 West Chester Street 3/20/2006 $3,000,000 0.1 Colonial 3,827 0.12 6 5-1
- 9 Cliff Road 9/9/2019 $3,900,000 0.1 B+B/Inn 5,278 0.17 5 9-
- 30 West Chester Street 9/13/2019 $0 0.1 Colonial 1,314 0.11 3 1-1
- 6 Cliff Road 1/9/2009 $0 0.1 Antique 2,511 0.1 3 3-1
- 7 Gull Island Lane 6/1/2009 $0 0.1 Antique 3,920 1.9 5 5-
- 38-40 Cliff Road 10/27/2015 $2,300,000 0.1 Antique 1,540 0.22 3 2-
- 38-R Cliff Road 10/9/2015 $4,992,000 0.1 Outbuildings 0.13 -
- 33 Cliff Road 9/16/2024 $13,950,000 0.1 Colonial 5,863 0.62 5 8-
- 5 Chester Street 1/4/2016 $1,600,000 0.1 Antique 2,088 0.1 4 2-1
- 26 West Chester Street 8/7/2020 $0 0.1 Colonial 4,838 0.49 4 5-1
- 6 Gull Island Lane 10/15/2019 $1,620,000 0.1 Antique 2,732 0.11 4 6-2
- 22 Sunset Hill Lane 5/27/1987 $400,000 0.1 Vacant Land 0.28 -
- 7 Cliff Road 1/30/1997 $525,000 0.1 Colonial 4,309 0.16 4 3-
- 8 Gull Island Lane 10/14/2022 $4,125,000 0.1 Antique 2,487 0.11 3 4-
- 1 Chester Street 2/5/2021 $2,275,000 0.1 Antique 3,467 0.12 6 4-1
- 5 Cliff Road 5/29/2003 $0 0.1 Antique 1,975 0.07 4 3-
- 82 Center Street 3/17/2021 $1,525,000 0.1 Antique 1,542 0.11 4 4-
- 36-B Lily Street 2/14/2017 $2,900,000 0.1 Resid Barn 600 0.12 1 1-
- 27 West Chester Street 10/16/2020 $4,375,000 0.1 Custom Built 3,614 0.13 2 6-1
- 35-A Cliff Road 7/16/2004 $9,750,000 0.1 Vacant Land 0.12 -
- 1 Wesco Place 11/21/2005 $1,650,000 0.1 Colonial 1,542 0.11 3 3-1
- 42 Cliff Road 3/1/1990 $150,000 0.1 Bungalow 616 0.06 2 1-
- 2 Cliff Road 4/13/2012 $3,265,000 0.1 Antique 2,977 0.12 5 5-1
- 12 Sunset Hill Lane 4/7/1994 $0 0.1 Ranch 2,177 0.59 1 2-
- 36 Lily Street 2/10/2021 $2,250,000 0.1 Vacant Land 0.42 -
- 4 North Avenue 12/17/2012 $0 0.1 Conventional 1,418 0.06 3 2-
- 80 Center Street 5/27/2016 $0 0.1 Restaurant 2,764 0.1 2 3-
- 44 Cliff Road 1/20/2017 $2,150,000 0.1 Antique 3,827 0.17 4 4-2
- 8 Chester Street 1/18/2019 $2,550,000 0.1 B+B/Inn 3,058 0.07 5 8-
- 3 Cliff Road 3/26/2010 $805,000 0.1 Antique 4,203 0.12 5 4-1
- 29 West Chester Street 2/22/2005 $1,690,000 0.1 Colonial 2,143 0.15 4 2-1
- 2 Wesco Place 3/3/2000 $0 0.1 Bungalow 912 0.11 2 1-
- 9 North Avenue 2/28/2001 $850,000 0.1 Colonial 2,496 0.27 4 4-1
- 5 North Avenue 12/27/2006 $1,640,000 0.1 Antique 1,939 0.21 3 2-
- 6 Chester Street 2/5/2018 $0 0.1 Antique 2,616 0.11 4 4-
- 32-B West Chester Street 9/30/2022 $0 0.1 Colonial 1,584 0.14 3 1-1
Averages 4065 days $2,050,794 0.08 --- 2,641 0.23 --- ---  
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 68 2 Folger Lane