40 Cato Lane, Nantucket, MA 02554

Owner Information
Owner 1
Nantucket Islands Land Bank
Owner 2
Owner's Address
22 Broad Street Nantucket, MA 02554
Market Sale Information
Most recent sale date
7/10/2013
Previous sale date
02/11/2009
Transfer document #
01393-0284
Previous transfer document
01170-0001
Grantor
March Hare LLC
Previous grantor
Michael L Trimpi
Most recent sale price
$1,200,000.00
Previous sale price
$0.00
Site Information
Property ID
55-419
Lot Size
6.85
Use Code
991 - Vacant, County or Regional
Zoning
R40
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$915,300.00
Total value
$915,300.00
Building value
$0.00
Estimated tax
$4,851.00
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 40 Cato Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age Rooms Bedrooms Full baths Half baths Gross Living Area Heating Fuel Detached Garage Lot Size 6.85 Roof Cover AEM Value - Building $0.00 AEM Value - Land $915,300.00 AEM Value - Other $0.00 AEM Value - Total $915,300.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Cato Lane 7/10/2013 $1,200,000 0 Vacant Land 6.85 - -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 40 Cato Lane 7/10/2013 $1,200,000 0 Vacant Land 6.85 - -
  Criteria
A 7 Paupamo Way 6/25/2018 $0 0.0 Cooperative 1,911 0.12 3 2-1
B 5 Paupamo Way 2/16/2018 $950,000 0.0 Cooperative 1,580 0.09 2 3-
C 3 Paupamo Way 10/1/2004 $896,000 0.0 Cooperative 2,527 0.1 4 3-1
D 9 Paupamo Way 7/22/1992 $125,000 0.0 Colonial 2,533 0.21 4 3-1
E 10 Paupamo Way 5/23/2005 $1,150,000 0.1 Cooperative 2,283 0.19 4 4-1
F 8 Mamack Lane 2/12/2015 $0 0.1 Cooperative 1,918 0.13 3 2-1
G 46 Cato Lane 2/11/2009 $0 0.1 Colonial 2,438 2.25 4 3-
H 40 Washaman Avenue 4/3/2019 $0 0.1 Cooperative 2,571 0.12 4 3-1
I 42 Washaman Avenue 1/10/2005 $975,000 0.1 Cooperative 1,510 0.12 3 2-1
J 32 Washaman Avenue 4/1/1992 $329,925 0.1 Cooperative 2,282 0.12 3 2-1
K 31 Washaman Avenue 5/27/2004 $915,000 0.1 Cooperative 2,070 0.12 5 3-1
L 7 Nickanoose Way 2/20/2018 $0 0.1 Ranch 1,440 0.21 3 2-
M 1 Mamack Lane 3/5/2014 $323,500 0.1 Cooperative 1,583 0.09 2 2-
N 5 Nickanoose Way 11/21/1995 $257,000 0.1 Family Duplex 2,223 0.15 5 4-
O 29 Washaman Avenue 10/22/2010 $820,000 0.1 Cooperative 2,100 0.14 3 3-
P 39 Washaman Avenue 9/5/2014 $1,170,000 0.1 Cooperative 1,903 0.13 4 3-
Q 16 Mamack Lane 11/16/2020 $1,300,000 0.1 Cooperative 2,588 0.12 5 3-1
R 27 Washaman Avenue 10/1/2021 $1,820,000 0.1 Cooperative 2,527 0.14 3 3-1
S 27 Tashama Lane 5/2/2022 $1,770,000 0.1 Ranch 1,296 0.4 2 2-
T 3 Nickanoose Way 10/15/1991 $120,000 0.1 Cape Cod 1,496 0.16 3 2-
U 41 Washaman Avenue 10/4/2019 $0 0.1 Cooperative 3,277 0.14 5 3-1
V 8 Nickanoose Way 12/23/2013 $450,000 0.1 Ranch 2,112 0.24 4 3-
W 20 Washaman Avenue 6/28/1995 $312,035 0.1 Cooperative 1,591 0.18 3 2-1
X 2 Netowa Lane 1/21/2022 $1,435,000 0.1 Cooperative 1,679 0.1 2 2-
Y 29 Tashama Lane 11/15/2022 $1,885,000 0.1 Cape Cod 2,114 0.35 3 3-1
Z 25 Tashama Lane 4/28/1999 $325,000 0.1 Ranch 1,400 0.29 2 1-1
- 31 Cato Lane 10/26/2020 $0 0.1 Vacant Land 0.57 -
- 3 Netowa Lane 12/20/2019 $1,005,000 0.1 Cooperative 1,564 0.11 2 2-1
- 45 Autopscot Circle 12/6/2019 $1,450,000 0.1 Cooperative 2,150 0.12 5 3-1
- 37 Cato Lane 9/15/2016 $1,450,000 0.1 Colonial 3,712 0.64 4 5-1
- 23 Washaman Avenue 8/31/2009 $850,000 0.1 Cooperative 1,691 0.11 2 2-
- 19 Washaman Avenue 7/19/2013 $0 0.1 Cooperative 1,726 0.12 3 2-1
- 10 Netowa Lane 11/13/2012 $771,500 0.1 Cooperative 1,694 0.14 3 2-1
- 21 Washaman Avenue 8/3/2020 $0 0.1 Cooperative 1,978 0.1 3 3-1
- 15 Washaman Avenue 6/11/1990 $390,000 0.1 Cooperative 2,923 0.12 3 3-1
- 5 Keequinn Circle 1/19/2016 $0 0.1 Colonial 3,362 0.44 4 3-1
- 45 Cato Lane 12/11/2012 $1,500,000 0.1 Vacant Land 2.8 -
- 31 Tashama Lane 7/13/1989 $77,000 0.1 Colonial 2,464 0.28 4 2-1
- 4 Netowa Lane 3/18/1992 $267,771 0.1 Cooperative 1,872 0.11 2 2-1
- 8 Netowa Lane 1/17/2019 $1,670,000 0.1 Cooperative 2,122 0.16 3 2-1
- 43 Autopscot Circle 1/12/2001 $770,000 0.1 Cooperative 2,300 0.12 3 2-1
- 23 Tashama Lane 9/23/2022 $2,100,000 0.1 Colonial 1,928 0.19 2 2-1
- 5 Netowa Lane 3/23/2021 $0 0.1 Cooperative 1,726 0.12 3 2-1
- 6 Nickanoose Way 1/15/2002 $560,000 0.1 Cape Cod 2,239 0.32 4 2-
- 52 Cato Lane 6/22/1990 $150,000 0.1 Colonial 810 0.51 2 1-
- 27 Cato Lane 11/3/2021 $1,250,000 0.1 Vacant Land 0.51 -
- 37 Autopscot Circle 12/5/2019 $1,560,000 0.1 Cooperative 2,897 0.18 3 3-1
Averages 5139 days $705,313 0.09 --- 1,960 0.3 --- ---  
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
55 419 40 Cato Lane