2 Larrabee Lane, Nantucket, MA 02554

2 Larrabee Lane Nantucket MA 02554
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Owner Information
Owner 1
2 Larrabee Lane LLC
Owner 2
Owner's Address
C/O Vtt Management Inc, 1 Clarks Hill Rd #102 Framingham, MA 01702
Market Sale Information
Most recent sale date
2/15/2017
Previous sale date
09/13/2007
Transfer document #
01578-0340
Previous transfer document
01101-0314
Grantor
Ernest W Culkins
Previous grantor
William R J Lothian
Most recent sale price
$900,000.00
Previous sale price
$725,000.00
Site Information
Property ID
55-102-1
Lot Size
0.23
Use Code
104 - Residential, two family
Zoning
R10
Building Style
Family Duplex
Number of Rooms
Stories
2
Number of Beds
6
Year Built
1988
Number of full baths
4
Condition
Number of half baths
Finished Area
2016
Number of Kitchen
2
Gross Living Area
3775
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
Gas
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
$695,500.00
Total value
$1,434,600.00
Building value
$739,100.00
Estimated tax
$4,490.00
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 2 Larrabee Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $446.43 Style Family Duplex Age 1988 Rooms Bedrooms 6 Full baths 4 Half baths Gross Living Area 3775 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.23 Roof Cover Asph/F Gls/Cmp AEM Value - Building $739,100.00 AEM Value - Land $695,500.00 AEM Value - Other $0.00 AEM Value - Total $1,434,600.00
A) 19 Cynthia Lane 0.3 5/2/2024 $1,495,000 2,096 2 $713.26 Colonial 1999 5 3 3248 Hot Water 0.08 Asph/F Gls/Cmp $798,100 $375,300 $0 $1,173,400
B) 56 Fairgrounds Road 0.6 4/17/2024 $2,150,000 1,824 1 $1178.73 Cape Cod 1988 4 2 1 4739 Hot Water 0.73 Asph/F Gls/Cmp $646,900 $757,200 $0 $1,404,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Larrabee Lane 2/15/2017 $900,000 0 Family Duplex 2,016 0.23 6 4- -
  Criteria
A 19 Cynthia Lane 5/2/2024 $1,495,000 0.3 Colonial 2,096 0.08 5 3-
B 56 Fairgrounds Road 4/17/2024 $2,150,000 0.6 Cape Cod 1,824 0.73 4 2-1
Averages 157 days $1,822,500 0.45 --- 1,960 0.41 --- ---  

Estimation of Market Value - $1,951,663

As of today, 09/28/2024, the estimated market value of 2 Larrabee Lane, Nantucket considering the above 2 comparable properties is $1,951,663.

 

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
@ 2 Larrabee Lane 2/15/2017 $900,000 0 Family Duplex 2,016 0.23 6 4- -
  Criteria
A 1 Bartlett Road 2/6/2006 $0 0.0 Bungalow 497 0.23 3 1-
B 3 Bartlett Road 1/21/2015 $0 0.0 Bungalow 624 0.24 3 1-
C 41 Surfside Road 11/17/2020 $1,180,000 0.0 Cape Cod 2,332 0.24 5 3-
D 2 Bartlett Road 1/4/2016 $400,000 0.0 Office Bldg 1,200 0.17 0 2-
E 4 Maclean Lane 5/15/2023 $1,657,500 0.0 Cape Cod 1,248 0.18 3 2-
F 32 Surfside Road 12/30/2015 $950,000 0.0 Family Duplex 2,332 0.23 5 3-
G 6 Maclean Lane 12/30/1986 $166,000 0.0 Cape Cod 1,908 0.18 5 3-
H 39 Surfside Road 5/30/2018 $795,000 0.1 Colonial 1,710 0.16 5 3-1
I 7 Bartlett Road 4/15/2022 $1,575,000 0.1 Family Duplex 1,980 0.17 4 3-
J 4 Bartlett Road-Lot 867 4/9/2015 $700,000 0.1 Profess. Bldg 3,037 0.17 0 4-
K 45 Surfside Road 3/27/2015 $0 0.1 Restaurant 2,820 0.18 2 2-
L 5 Bartlett Road 12/17/2021 $425,000 0.1 Vacant Land 0.26 -
M 36 Surfside Road 11/10/2021 $1,375,000 0.1 Colonial 1,666 0.23 3 2-
N 8 Maclean Lane 1/19/2021 $1,400,000 0.1 Cape Cod 2,368 0.18 4 4-
O 3 Maclean Lane 6/4/1996 $0 0.1 Cape Cod 1,272 0.2 3 1-
P 1 Boynton Lane 9/12/2002 $560,000 0.1 Family Duplex 2,250 0.12 6 4-2
Q 9 Bartlett Road 9/29/2016 $0 0.1 Family Duplex 1,936 0.22 4 2-
R 37 Surfside Road 5/17/2011 $655,000 0.1 Colonial 1,716 0.23 3 2-
S 6 Bartlett Road 10/10/2001 $100,000 0.1 Family Duplex 3,920 0.13 6 8-
T 1 Maclean Lane 12/17/1998 $0 0.1 Cape Cod 2,616 0.34 3 2-1
U 3 Boynton Lane 8/19/2021 $0 0.1 Family Duplex 2,250 0.12 6 4-2
V 5 Maclean Lane 4/30/2002 $0 0.1 Cape Cod 1,232 0.21 3 2-
W 38 Surfside Road 6/8/2012 $325,000 0.1 Colonial 2,527 0.23 8 4-
X 8 Bartlett Road 10/13/2021 $0 0.1 Colonial 2,016 0.21 4 3-
Y 10 Maclean Lane 3/31/2017 $815,000 0.1 Ranch 1,092 0.19 3 1-
Z 7 Boynton Lane 1/15/2015 $635,000 0.1 Gar/Apt Res 856 0.22 1 1-
- 4 Backus Lane 9/28/1989 $0 0.1 Family Duplex 2,240 0.34 5 4-
- 11 Bartlett Road 4/5/2006 $0 0.1 Ranch 986 0.29 2 1-
- 35 Surfside Road 7/29/2005 $0 0.1 Cape Cod 1,392 0.17 3 2-
- 7 Maclean Lane 9/8/2021 $1,100,000 0.1 Ranch 950 0.22 2 2-
- 0 Surfside Road $0 0.1 Vacant Land 0.84 -
- 6 Tashama Lane 5/5/2009 $635,000 0.1 Ranch 1,016 0.2 3 1-
- 8 Bartlett Road Unit 8 9/13/2017 $885,000 0.1 Family Duplex 2,113 0.12 4 3-1
- 12 Maclean Lane 6/25/2021 $0 0.1 Ranch 1,782 0.18 4 2-
- 10 Bartlett Road 6/29/2015 $651,000 0.1 Family Duplex 1,881 0.14 5 4-1
- 11 Boynton Lane 2/15/2013 $775,000 0.1 Gar/Apt Res 584 0.17 1 1-1
- 2 Boynton Lane 5/12/1999 $125,000 0.1 Four Family 3,690 0.12 9 6-
- 12 Larrabee Lane 12/12/2001 $272,000 0.1 Colonial 1,176 0.24 2 1-
- 8 Tashama Lane 8/29/2008 $0 0.1 Colonial 1,472 0.2 3 2-
- 9 Maclean Lane 6/28/2019 $865,000 0.1 Colonial 1,248 0.22 3 1-1
- 13 Bartlett Road 12/15/2022 $1,900,000 0.1 Cape Cod 3,532 0.48 3 3-
- 4 Boynton Lane 5/12/1999 $125,000 0.1 Four Family 3,192 0.12 9 6-
- 17 Boynton Lane 8/4/2003 $1,361,550 0.1 Vacant Land 0.21 -
- 6 Boynton Lane 1/7/2015 $625,000 0.1 Family Duplex 3,507 0.12 5 5-
- 10 Tashama Lane 10/18/2016 $650,000 0.1 Ranch 1,144 0.2 2 1-
- 11 Maclean Lane 2/11/1994 $165,000 0.1 Colonial 900 0.22 3 1-1
- 33 Surfside Road 12/22/2014 $745,000 0.1 Ranch 1,304 0.16 3 2-
- 14 Maclean Lane 10/1/2001 $475,000 0.1 Cape Cod 1,513 0.26 3 2-
- 3 Tashama Lane 8/22/2008 $1,330,295 0.1 Ranch 1,160 0.14 3 1-
- 19 Boynton Lane 8/4/2003 $1,361,550 0.1 Aptovrret/Off 6,423 0.21 0 0-
- 14 Larrabee Lane 2/12/2013 $0 0.1 Colonial 1,974 0.24 4 2-
- 12 Boynton Lane 6/11/2015 $930,000 0.1 Aptovrret/Off 2,820 0.33 3 4-
- 5 Tashama Lane 5/14/2015 $700,000 0.1 Colonial 1,260 0.16 3 2-
- 12 Tashama Lane 11/15/2012 $0 0.1 Cape Cod 1,482 0.2 3 3-
- 5 Backus Lane 12/28/2000 $265,000 0.1 Vacant Land 0.5 -
- 15 Bartlett Road 1/14/1993 $130,000 0.1 Colonial 1,848 0.53 3 2-1
- 30 Surfside Road $0 0.1 School 87,333 14.79 0 2-
- 7 Tashama Lane 12/1/1997 $233,500 0.1 Cape Cod 2,057 0.16 2 2-
- 12 Bartlett Road 3/12/2022 $2,750,000 0.1 Gar/Apt Res 384 0.51 1 1-
- 31 Surfside Road 5/23/2024 $2,125,000 0.1 Cape Cod 1,404 0.15 3 2-
- 21 Boynton Lane 8/4/2003 $1,361,550 0.1 Vacant Land 0.21 -
- 44 Surfside Road 9/28/1989 $0 0.1 Nightclub/Bar 6,445 0.93 0 3-
- 13 Maclean Lane 2/8/2017 $750,000 0.1 Ranch 1,410 0.23 3 2-
- 14 Tashama Lane 6/21/2022 $0 0.1 Conventional 1,352 0.2 3 2-
- 9 Tashama Lane 12/3/2021 $0 0.1 Ranch 1,040 0.17 3 2-
Averages 4981 days $569,307 0.08 --- 3,099 0.46 --- ---  
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
55 102 1 2 Larrabee Lane