21 Backus Lane, Nantucket, MA 02554

Owner Information
Owner 1
Bertina M Backus
Owner 2
Owner's Address
P O Box 257 Norton, MA 02766-0257
Market Sale Information
Most recent sale date
11/16/2001
Previous sale date
10/12/1995
Transfer document #
00723-0146
Previous transfer document
00485-0075
Grantor
Edward E Backus
Previous grantor
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
55-627
Lot Size
0.95
Use Code
130 - Land, developable
Zoning
R10
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
$677,100.00
Total value
$677,100.00
Building value
$0.00
Estimated tax
$2,119.00
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 21 Backus 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 0.95 Roof Cover AEM Value - Building $0.00 AEM Value - Land $677,100.00 AEM Value - Other $0.00 AEM Value - Total $677,100.00
A) 8 Chatham Road 0.8 5/28/2024 $10,252 - Vacant Land 1.41 $0 $2,404,600 $0 $2,404,600
B) 7 Brewster Road 0.9 4/8/2024 $3,000,000 - Vacant Land 0.96 $0 $2,323,600 $0 $2,323,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 21 Backus Lane 11/16/2001 $0 0 Vacant Land 0.95 - -
  Criteria
A 8 Chatham Road 5/28/2024 $10,252 0.8 Vacant Land 1.41 -
B 7 Brewster Road 4/8/2024 $3,000,000 0.9 Vacant Land 0.96 -
Averages 60 days $1,505,126 0.83 --- 1.18 --- ---  

Estimation of Market Value - $431,082

As of today, 07/02/2024, the estimated market value of 21 Backus Lane, Nantucket considering the above 2 comparable properties is $431,082.

 

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
@ 21 Backus Lane 11/16/2001 $0 0 Vacant Land 0.95 - -
  Criteria
A 28 New Street 4/3/2012 $1,025,000 0.0 Colonial 2,076 0.13 3 2-1
B 25 Backus Lane 11/19/2001 $0 0.0 Vacant Land 0.98 -
C 17 Backus Lane 12/28/2000 $800,000 0.0 Vacant Land 1.27 -
D 0 Backus Lane 11/27/2001 $0 0.1 Vacant Land 0.09 -
E 14 First Way 8/12/1999 $0 0.1 Ranch 1,384 0.57 4 1-
F 0 Backus Lane-Rear 12/28/2000 $530,000 0.1 Vacant Land 4.75 -
G 12 First Way 7/13/2015 $0 0.1 Colonial 1,917 0.38 2 2-1
H 8 Second Way 6/28/2022 $1,400,000 0.1 Colonial 2,240 0.17 4 2-1
I 10 Backus Lane 12/29/1995 $500,000 0.1 Skating Rink 34,145 3.84 0 8-
J 21 Allens Lane 3/11/2022 $0 0.1 Ranch 2,528 0.53 4 2-
K 7 Second Way 12/8/2023 $1,600,000 0.1 Colonial 2,050 0.24 4 1-1
L 25 Allens Lane 11/5/2012 $694,500 0.1 Ranch 2,414 0.34 4 3-1
M 6 Second Way 10/24/2011 $399,000 0.1 Cape Cod 2,250 0.24 5 2-
N 19 First Way 12/31/2008 $0 0.1 Family Duplex 1,638 0.24 4 3-
O 9 Backus Lane 3/25/2019 $0 0.1 Vacant Land 6.86 -
P 8 Fourth Way 2/17/2010 $0 0.1 Colonial 1,636 0.36 3 2-1
Q 6 First Way 11/1/2016 $2,400,000 0.1 Colonial 1,407 0.12 3 2-1
R 17 Allens Lane 10/28/2020 $615,000 0.1 Conventional 1,714 0.12 4 1-
S 7 Fifth Way 2/21/1992 $1 0.1 Colonial 2,038 0.15 3 2-
T 15 First Way 12/10/2009 $0 0.1 Colonial 2,194 0.61 4 4-
U 1 Cow Pond Lane 12/10/2009 $0 0.1 Family Duplex 1,904 0.24 4 2-
V 0 Surfside Road $0 0.1 Vacant Land 0.84 -
W 27 Allens Lane 7/10/2018 $0 0.1 Colonial 3,608 0.26 5 4-
X 9 First Way 2/14/2014 $0 0.1 Colonial 1,154 0.23 4 3-1
Y 35 Hooper Farm Road 3/31/1995 $209,000 0.1 Ranch 3,334 0.48 5 4-1
Z 11 First Way 3/26/2004 $0 0.1 Colonial 2,406 0.63 3 4-
- 3 Cow Pond Lane 12/10/2009 $0 0.1 Colonial 1,183 0.28 2 1-1
- 4 Second Way 1/25/2005 $825,000 0.1 Ranch 1,262 0.11 2 2-
- 24 Allens Lane 8/18/2017 $0 0.1 Vacant Land 0.24 -
- 5 First Way 6/9/2015 $590,000 0.1 Cape Cod 1,722 0.33 4 1-1
- 2 Cow Pond Lane 8/22/2003 $0 0.1 Ranch 1,212 0.24 2 2-
- 29 Allens Lane 3/28/2021 $0 0.1 Ranch 1,144 0.3 3 1-1
Averages 5231 days $362,109 0.09 --- 2,518 0.82 --- ---  
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
55 627 21 Backus Lane