5 Burnt Swamp Lane, Nantucket, MA 02554

5 Burnt Swamp Lane Nantucket MA 02554
Owner Information
Owner 1
Seth M Lynn & Tracy Bonnie B
Owner 2
Owner's Address
8 Dennette Rd Marblehead, MA 01945
Market Sale Information
Most recent sale date
8/26/2005
Previous sale date
01/12/1995
Transfer document #
C0021896-
Previous transfer document
C0016-0651
Grantor
Suzanne E Bacon
Previous grantor
Robert W McGrath
Most recent sale price
$936,050.00
Previous sale price
$215,000.00
Site Information
Property ID
56-219
Lot Size
1.57
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1.5
Number of Beds
3
Year Built
1983
Number of full baths
3
Condition
Number of half baths
Finished Area
1824
Number of Kitchen
1
Gross Living Area
4154
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
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
$807,600.00
Total value
$1,433,100.00
Building value
$625,500.00
Estimated tax
$4,485.00
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 5 Burnt Swamp Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $513.19 Style Cape Cod Age 1983 Rooms Bedrooms 3 Full baths 3 Half baths Gross Living Area 4154 Heating Fuel Forced Air-Duc Detached Garage Lot Size 1.57 Roof Cover Asph/F Gls/Cmp AEM Value - Building $625,500.00 AEM Value - Land $807,600.00 AEM Value - Other $0.00 AEM Value - Total $1,433,100.00
A) 149 Main Street 0.7 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
B) 20 New Lane 0.8 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
C) 16 Polliwog Pond Road 0.8 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
D) 85 Somerset Road 0.8 3/12/2024 $2,950,000 2,069 1 $1425.81 Cape Cod 1998 2 2 1 4128 Hot Water 0.47 Asph/F Gls/Cmp $698,000 $741,600 $0 $1,439,600
E) 8 Luff Road 0.9 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
F) 108 Main Street 0.9 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
G) 45 West Chester Street 1.0 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
H) 7 Yompasham Lane 1.0 2/14/2024 $2,262,500 1,878 1.5 $1204.74 Conventional 1994 3 3 4742 Forced Air-Duc 0.25 Asph/F Gls/Cmp $1,414,800 $696,600 $0 $2,111,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Burnt Swamp Lane 8/26/2005 $936,050 0 Cape Cod 1,824 1.57 3 3- -
  Criteria
A 149 Main Street 5/17/2024 $4,225,000 0.7 Conventional 1,698 0.14 3 1-1
B 20 New Lane 1/17/2024 $4,350,000 0.8 Colonial 2,247 0.12 4 3-1
C 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.8 Cape Cod 1,830 0.24 5 2-
D 85 Somerset Road 3/12/2024 $2,950,000 0.8 Cape Cod 2,069 0.47 2 2-1
E 8 Luff Road 5/9/2024 $1,900,000 0.9 Ranch 1,894 0.36 3 2-
F 108 Main Street 3/19/2024 $4,500,000 0.9 Antique 2,005 0.17 6 4-1
G 45 West Chester Street 4/17/2024 $3,200,000 1.0 Conventional 1,972 0.14 4 3-
H 7 Yompasham Lane 2/14/2024 $2,262,500 1.0 Conventional 1,878 0.25 3 3-
Averages 111 days $3,204,688 0.85 --- 1,949 0.24 --- ---  

Estimation of Market Value - $2,457,158

As of today, 07/04/2024, the estimated market value of 5 Burnt Swamp Lane, Nantucket considering the above 8 comparable properties is $2,457,158.

 

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
@ 5 Burnt Swamp Lane 8/26/2005 $936,050 0 Cape Cod 1,824 1.57 3 3- -
  Criteria
A 7 Burnt Swamp Lane 1/16/2015 $0 0.0 Cape Cod 2,223 1.15 3 2-1
B 3 Burnt Swamp Lane 4/9/2004 $505,000 0.0 Cape Cod 1,257 1.01 1 2-1
C 9 Burnt Swamp Lane 9/25/2008 $0 0.0 Vacant Land 1.04 -
D 61 Hummock Pond Road 9/12/2006 $0 0.0 Cape Cod 1,885 0.66 3 2-
E 59 Hummock Pond Road 11/13/2019 $0 0.0 Ranch 1,975 0.46 4 2-
F 11 Burnt Swamp Lane 4/21/1999 $0 0.1 Cape Cod 1,765 0.81 3 2-1
G 57 Hummock Pond Road 7/5/2017 $4,620 0.1 Colonial 3,913 0.97 4 3-1
H 8 Burnt Swamp Lane 10/4/2021 $2,900,000 0.1 Cape Cod 3,852 1.42 3 3-1
I 12 Hawthorne Lane 11/7/2014 $1,275,000 0.1 Colonial 3,403 0.92 4 4-1
J 10 Hawthorne Lane $0 0.1 Ranch 2,426 1.06 3 3-
K 2 Oak Hollow Lane 1/3/2018 $1,800,000 0.1 Ranch 1,342 0.37 3 3-
L 14 Hawthorne Lane 4/8/1994 $0 0.1 Colonial 1,982 0.92 4 2-
M 65 Hummock Pond Road 9/8/2022 $0 0.1 Cape Cod 2,606 0.85 3 2-
N 70 Hummock Pond Road 12/10/2018 $0 0.1 Ranch 2,112 1.58 3 2-
O 56 Hummock Pond Road 12/7/2011 $473,250 0.1 Ranch 1,518 0.86 2 2-
P 16 Hawthorne Lane 12/6/2016 $0 0.1 Colonial 2,284 0.92 3 2-1
Q 69 Hummock Pond Road 9/12/2023 $3,400,000 0.1 Ranch 1,072 2.25 3 1-
R 54 Hummock Pond Road 1/22/2018 $1,160,000 0.1 Cape Cod 1,080 0.81 2 2-
S 6 Oak Hollow Lane 10/24/2012 $799,000 0.1 Cape Cod 2,476 0.5 4 5-1
T 52 Hummock Pond Road 3/29/2017 $0 0.1 Cape Cod 2,808 0.46 4 4-
U 2 Aurora Way 3/14/2003 $0 0.1 Vacant Land 0.16 -
Averages 4097 days $586,518 0.08 --- 1,999 0.91 --- ---  
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
56 219 5 Burnt Swamp Lane