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
2025
Land Value
$998,500.00
Total value
$998,500.00
Building value
$0.00
Estimated tax
$5,551.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
40 Cato Lane$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000Subject PropertyTotal Assessment ($)Total Assessment
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 $998,500.00
AEM Value - Other $0.00
AEM Value - Total $998,500.00
# 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
Subject Property31 Cato Lane40 Cato Lane3 Nickanoose Way7 Nickanoose Way5 Nickanoose Way25 Tashama Lane6 Nickanoose Way8 Nickanoose Way31 Tashama Lane19 Washaman Avenue23 Washaman Avenue21 Washaman Avenue8 Mamack Lane46 Cato Lane20 Washaman Avenue27 Tashama Lane43 Autopscot Circle29 Tashama Lane45 Autopscot Circle16 Mamack Lane15 Washaman Avenue23 Tashama Lane52 Cato Lane27 Washaman Avenue37 Autopscot Circle27 Cato Lane5 Keequinn Circle$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)Total Assessment
# 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 3/27/2025 $3,595,695 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 5304 days $755,222 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