2 Cato Lane, Nantucket, MA 02554

Owner Information
Owner 1
Ricardo Prats Gendrau
Owner 2
Owner's Address
394 River Road Carisle, MA 01741
Market Sale Information
Most recent sale date
9/29/2020
Previous sale date
09/29/2020
Transfer document #
1768-241
Previous transfer document
1768-235
Grantor
Jayne M Prats
Previous grantor
Jayne M Prats
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
55-660
Lot Size
0.12
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
2017
Number of full baths
3
Condition
Number of half baths
Finished Area
2372
Number of Kitchen
Gross Living Area
2790
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood, Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$444,200.00
Total value
$2,442,800.00
Building value
$1,998,600.00
Estimated tax
$7,645.00
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 2 Cato Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 2017 Rooms Bedrooms 3 Full baths 3 Half baths Gross Living Area 2790 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.12 Roof Cover Wood Shingle AEM Value - Building $1,998,600.00 AEM Value - Land $444,200.00 AEM Value - Other $0.00 AEM Value - Total $2,442,800.00
A) 17 Pleasant Street 0.3 7/5/2024 $3,715,000 2,100 1.75 $1769.05 Antique 1800 2 3 3657 Forced Air-Duc 0.09 Asph/F Gls/Cmp $1,462,200 $2,011,500 $0 $3,473,700
B) 1 Farmer Street 0.4 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
C) 45 Fair Street 0.4 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
D) 16 Back Street 0.5 8/29/2024 $3,295,000 2,946 1.75 $1118.47 Antique 1900 4 3 3339 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,400,300 $821,400 $0 $2,221,700
E) 6 West Dover Street 0.5 7/18/2024 $2,130,000 2,321 2 $917.71 Antique 1890 4 1 3202 Hot Water 0.14 Asph/F Gls/Cmp $491,000 $1,109,500 $0 $1,600,500
F) 101 Orange Street 0.5 9/9/2024 $3,150,000 2,533 1.75 $1243.58 Antique 1825 4 3 1 4300 Hot Water 0.19 Wood Shingle $1,450,900 $1,018,100 $0 $2,469,000
G) 8 Essex Road 0.6 5/15/2024 $1,900,000 1,872 2 $1014.96 Colonial 2011 3 3 2808 Hot Water 0.31 Asph/F Gls/Cmp $815,600 $398,700 $0 $1,214,300
H) 8 Luff Road 0.7 5/9/2024 $1,900,000 1,894 1 $1003.17 Ranch 1994 3 2 6100 Hot Water 0.36 Asph/F Gls/Cmp $859,400 $703,200 $0 $1,562,600
I) 45 West Chester Street 0.8 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Cato Lane 9/29/2020 $0 0 Ranch 2,372 0.12 3 3- -
  Criteria
A 17 Pleasant Street 7/5/2024 $3,715,000 0.3 Antique 2,100 0.09 2 3-
B 1 Farmer Street 5/10/2024 $3,600,000 0.4 Antique 2,430 0.06 3 3-1
C 45 Fair Street 5/8/2024 $4,800,000 0.4 Custom Built 2,854 0.07 4 4-1
D 16 Back Street 8/29/2024 $3,295,000 0.5 Antique 2,946 0.12 4 3-
E 6 West Dover Street 7/18/2024 $2,130,000 0.5 Antique 2,321 0.14 4 1-
F 101 Orange Street 9/9/2024 $3,150,000 0.5 Antique 2,533 0.19 4 3-1
G 8 Essex Road 5/15/2024 $1,900,000 0.6 Colonial 1,872 0.31 3 3-
H 8 Luff Road 5/9/2024 $1,900,000 0.7 Ranch 1,894 0.36 3 2-
I 45 West Chester Street 4/17/2024 $3,200,000 0.8 Conventional 1,972 0.14 4 3-
Averages 106 days $3,076,667 0.53 --- 2,325 0.16 --- ---  

Estimation of Market Value - $3,148,197

As of today, 09/30/2024, the estimated market value of 2 Cato Lane, Nantucket considering the above 9 comparable properties is $3,148,197.

 

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
@ 2 Cato Lane 9/29/2020 $0 0 Ranch 2,372 0.12 3 3- -
  Criteria
A 4 Cato Lane 4/30/2018 $0 0.0 Colonial 2,990 0.12 3 3-1
B 6 Cato Lane 6/3/2003 $0 0.0 Vacant Land 0.11 -
C 3 Cato Lane $0 0.0 Vacant Land 0.1 -
D 8 Cato Lane 6/3/2003 $0 0.0 Vacant Land 0.11 -
E 35 Vesper Lane 10/29/2003 $0 0.1 Ranch 728 0.34 2 1-
F 33 Vesper Lane 7/24/2015 $714,000 0.1 Ranch 1,520 0.17 2 1-
G 29 Vesper Lane 6/22/2000 $0 0.1 Outbuildings 6.75 -
H 31 Vesper Lane 5/17/1999 $65,000 0.1 Ranch 2,394 0.33 2 1-
I 40 Vesper Lane 7/28/2016 $0 0.1 Ranch 1,180 0.35 3 1-
J 21 Vesper Lane 3/23/2012 $0 0.1 Colonial 2,976 0.11 4 3-
K 42 Vesper Lane 1/7/2003 $75,000 0.1 Colonial 2,240 0.34 4 2-1
L 38 Vesper Lane 5/31/2005 $0 0.1 Colonial 1,624 1.08 4 2-1
M 19 Vesper Lane 11/8/2013 $950,000 0.1 Colonial 3,013 0.11 3 3-1
N 36 Vesper Lane 10/4/2004 $0 0.1 Ranch 1,792 0.29 4 2-
O 17 Vesper Lane 7/26/2021 $835,000 0.1 Family Duplex 2,735 0.11 5 4-
P 34 Vesper Lane 10/4/2004 $0 0.1 Vacant Land 0.15 -
Q 17 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Outbuildings 0.28 -
R 44 Vesper Lane 6/6/2016 $0 0.1 Ranch 2,292 0.81 4 3-
S 0 Vesper Lane $0 0.1 Vacant Land 11.43 -
T 15 Vesper Lane 1/12/2018 $1,195,000 0.1 Family Duplex 1,803 0.11 5 2-
U 32 Vesper Lane $0 0.1 Cape Cod 1,610 0.18 2 1-1
V 15 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
W 0 North Mill Street $0 0.1 Vacant Land 1.22 -
X 19 Mill Hill Lane 12/3/2014 $2,100,000 0.1 Vacant Land 0.11 -
Y 19 Cato Lane 9/24/1996 $125,000 0.1 Family Duplex 2,412 0.48 5 3-1
Z 3 Mill Hill Lane $0 0.1 Cape Cod 1,406 0.67 2 1-
- 15 Polliwog Pond Road 6/1/1982 $0 0.1 Cape Cod 2,059 0.18 4 3-
- 13 Vesper Lane $65,000 0.1 Colonial 1,536 0.11 2 2-
- 46 Vesper Lane 9/23/2020 $4,000,000 0.1 Colonial 3,508 0.47 4 5-1
Averages 5774 days $493,931 0.09 --- 1,373 0.92 --- ---  
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
55 660 2 Cato Lane