40 Friendship Lane, Nantucket, MA 02554

40 Friendship Lane Nantucket MA 02554
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Owner Information
Owner 1
Andrew P Buccino & Elizabeth C
Owner 2
Owner's Address
40 Friendship Ln Nantucket, MA 02554
Market Sale Information
Most recent sale date
3/19/2021
Previous sale date
10/28/2005
Transfer document #
C28210-
Previous transfer document
C0021998-0
Grantor
Anton Melchionda
Previous grantor
Robert Vogel
Most recent sale price
$865,000.00
Previous sale price
$789,000.00
Site Information
Property ID
56-331
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
1
Year Built
1990
Number of full baths
1
Condition
Number of half baths
Finished Area
1362
Number of Kitchen
1
Gross Living Area
2306
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
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
$679,500.00
Total value
$1,238,500.00
Building value
$559,000.00
Estimated tax
$3,876.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 40 Friendship Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $635.10 Style Colonial Age 1990 Rooms Bedrooms 1 Full baths 1 Half baths Gross Living Area 2306 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $559,000.00 AEM Value - Land $679,500.00 AEM Value - Other $0.00 AEM Value - Total $1,238,500.00
A) 31 Surfside Road 0.5 5/23/2024 $2,125,000 1,404 2 $1513.53 Cape Cod 1989 3 2 3016 Hot Water 0.15 Asph/F Gls/Cmp $512,500 $511,100 $0 $1,023,600
B) 149 Main Street 0.8 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
C) 121 Orange Street 0.9 3/1/2024 $800,000 1,574 1 $508.26 Antique 1850 3 1 2918 None 0.3 Asph/F Gls/Cmp $427,100 $995,800 $0 $1,422,900
D) 4 York Street 0.9 3/28/2024 $2,175,000 1,489 1.75 $1460.71 Antique 1850 3 2 3004 Hot Water 0.07 Asph/F Gls/Cmp $801,300 $809,800 $0 $1,611,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Friendship Lane 3/19/2021 $865,000 0 Colonial 1,362 0.46 1 1- -
  Criteria
A 31 Surfside Road 5/23/2024 $2,125,000 0.5 Cape Cod 1,404 0.15 3 2-
B 149 Main Street 5/17/2024 $4,225,000 0.8 Conventional 1,698 0.14 3 1-1
C 121 Orange Street 3/1/2024 $800,000 0.9 Antique 1,574 0.3 3 1-
D 4 York Street 3/28/2024 $2,175,000 0.9 Antique 1,489 0.07 3 2-
Averages 78 days $2,331,250 0.79 --- 1,541 0.17 --- ---  

Estimation of Market Value - $1,900,830

As of today, 07/04/2024, the estimated market value of 40 Friendship Lane, Nantucket considering the above 4 comparable properties is $1,900,830.

 

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
Mailing Labels
  • 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 Friendship Lane 3/19/2021 $865,000 0 Colonial 1,362 0.46 1 1- -
  Criteria
A 38 Friendship Lane 12/2/2022 $0 0.0 Cape Cod 2,268 0.46 5 4-1
B 42 Friendship Lane 12/7/2005 $785,000 0.0 Cape Cod 2,325 0.46 2 2-
C 36 Friendship Lane 6/1/2011 $530,000 0.0 Cape Cod 1,113 0.46 3 2-
D 65 Meadow View Drive 5/10/2016 $1,025,000 0.0 Cape Cod 2,983 0.47 4 3-1
E 34 Friendship Lane 10/14/1994 $60,000 0.0 Cape Cod 2,247 0.46 6 2-
F 41 Friendship Lane 7/12/2005 $0 0.1 Cape Cod 1,680 0.53 4 3-
G 32 Friendship Lane 11/21/2019 $0 0.1 Cape Cod 2,196 0.46 4 2-
H 63 Meadow View Drive 9/3/2013 $0 0.1 Colonial 1,440 0.51 2 2-
I 37 Friendship Lane 8/9/1993 $51,000 0.1 Colonial 1,343 0.55 2 2-
J 35 Friendship Lane 5/1/2018 $950,000 0.1 Cape Cod 1,655 0.55 3 2-
K 60 Meadow View Drive 12/31/2002 $0 0.1 Family Conver. 1,920 0.96 6 3-
L 30 Friendship Lane 6/27/2012 $0 0.1 Cape Cod 1,480 0.46 3 2-1
M 31 Somerset Road 3/26/2004 $0 0.1 Colonial 2,566 1.42 3 2-1
N 61 Meadow View Drive 7/29/1992 $59,500 0.1 Cape Cod 1,392 0.49 3 2-
O 33 Friendship Lane 3/4/2002 $220,000 0.1 Cape Cod 1,344 0.53 2 1-
P 28 Friendship Lane 3/9/2017 $0 0.1 Colonial 1,904 0.5 3 2-1
Q 59 Meadow View Drive 10/12/2017 $1,095,000 0.1 Colonial 1,456 0.46 3 2-
R 24 Somerset Road $0 0.1 Vacant Land 3.89 -
S 56 Meadow View Drive 2/19/2014 $1,900,000 0.1 Cape Cod 1,296 1 2 2-
T 35 Somerset Road 10/2/1996 $190,000 0.1 Colonial 1,112 1.01 2 1-1
U 21 Somerset Road 5/19/2015 $0 0.1 Service Shop 2,977 3 -
V 20 Somerset Road 7/13/2009 $0 0.1 Colonial 1,628 0.71 3 1-1
W 57 Meadow View Drive 4/7/2006 $1,540,000 0.1 Cape Cod 2,436 0.83 5 4-
X 29 Friendship Lane 12/5/2018 $1,110,000 0.1 Cape Cod 2,660 0.5 6 3-
Y 8 Pinkham Circle 6/16/2022 $0 0.1 Colonial 3,619 0.76 3 3-
Z 10 Pinkham Circle 2/19/2014 $1,055,000 0.1 Conventional 1,806 0.47 2 2-
- 24 Friendship Lane 9/12/1997 $0 0.1 Cape Cod 2,316 0.5 5 4-
- 18 Somerset Road 5/12/1998 $0 0.1 Vacant Land 1.61 -
- 33 Somerset Road 4/12/2021 $0 0.1 Ranch 1,120 1.99 2 1-
- 27 Friendship Lane 7/23/2018 $0 0.1 Colonial 3,018 0.5 4 4-1
- 37 Somerset Road 11/23/2020 $1,020,000 0.1 Colonial 1,652 0.8 2 1-1
- 55 Meadow View Drive 5/17/2011 $750,000 0.1 Cape Cod 2,555 1.03 3 2-1
- 54 Meadow View Drive 2/19/2014 $1,900,000 0.1 Vacant Land 0.46 -
Averages 5165 days $431,530 0.08 --- 1,803 0.87 --- ---  
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
56 331 40 Friendship Lane