28 Friendship Lane, Nantucket, MA 02554

28 Friendship Lane Nantucket MA 02554
Owner Information
Owner 1
Peter B Zschau & Melanie Y
Owner 2
Zschau Peter B Family Trust
Owner's Address
P O Box 93 Millers Falls, MA 01349
Market Sale Information
Most recent sale date
3/9/2017
Previous sale date
03/09/2017
Transfer document #
C0026396-
Previous transfer document
C0026396-0
Grantor
Peter B Zschau
Previous grantor
Peter B Zschau
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
56-337
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
2003
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1904
Number of Kitchen
Gross Living Area
4214
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$681,500.00
Total value
$1,572,300.00
Building value
$890,800.00
Estimated tax
$4,921.00
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 28 Friendship Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 2003 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 4214 Heating Fuel Hot Water Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $890,800.00 AEM Value - Land $681,500.00 AEM Value - Other $0.00 AEM Value - Total $1,572,300.00
A) 8 Luff Road 0.3 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
B) 16 Polliwog Pond Road 0.4 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
C) 8 Essex Road 0.4 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
D) 7 Yompasham Lane 0.5 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
E) 85 Somerset Road 0.6 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
F) 108 Main Street 0.8 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) 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
H) 38 Pine Street 0.9 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
I) 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
J) 20 New Lane 1.0 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
K) 4 York Street 1.0 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
@ 28 Friendship Lane 3/9/2017 $0 0 Colonial 1,904 0.5 3 2-1 -
  Criteria
A 8 Luff Road 5/9/2024 $1,900,000 0.3 Ranch 1,894 0.36 3 2-
B 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.4 Cape Cod 1,830 0.24 5 2-
C 8 Essex Road 5/15/2024 $1,900,000 0.4 Colonial 1,872 0.31 3 3-
D 7 Yompasham Lane 2/14/2024 $2,262,500 0.5 Conventional 1,878 0.25 3 3-
E 85 Somerset Road 3/12/2024 $2,950,000 0.6 Cape Cod 2,069 0.47 2 2-1
F 108 Main Street 3/19/2024 $4,500,000 0.8 Antique 2,005 0.17 6 4-1
G 149 Main Street 5/17/2024 $4,225,000 0.8 Conventional 1,698 0.14 3 1-1
H 38 Pine Street 1/31/2024 $2,225,000 0.9 Antique 1,707 0.07 3 1-1
I 121 Orange Street 3/1/2024 $800,000 0.9 Antique 1,574 0.3 3 1-
J 20 New Lane 1/17/2024 $4,350,000 1.0 Colonial 2,247 0.12 4 3-1
K 4 York Street 3/28/2024 $2,175,000 1.0 Antique 1,489 0.07 3 2-
Averages 113 days $2,685,227 0.69 --- 1,842 0.23 --- ---  

Estimation of Market Value - $2,401,298

As of today, 07/04/2024, the estimated market value of 28 Friendship Lane, Nantucket considering the above 11 comparable properties is $2,401,298.

 

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
@ 28 Friendship Lane 3/9/2017 $0 0 Colonial 1,904 0.5 3 2-1 -
  Criteria
A 30 Friendship Lane 6/27/2012 $0 0.0 Cape Cod 1,480 0.46 3 2-1
B 24 Friendship Lane 9/12/1997 $0 0.0 Cape Cod 2,316 0.5 5 4-
C 32 Friendship Lane 11/21/2019 $0 0.0 Cape Cod 2,196 0.46 4 2-
D 34 Friendship Lane 10/14/1994 $60,000 0.0 Cape Cod 2,247 0.46 6 2-
E 34 Equator Drive 1/23/2023 $1,700,000 0.0 Cape Cod 601 0.46 1 1-
F 32 Equator Drive 11/16/2009 $680,000 0.0 Colonial 2,270 0.46 3 2-1
G 30 Equator Drive 5/19/2017 $0 0.1 Cape Cod 1,776 0.46 4 3-
H 36 Friendship Lane 6/1/2011 $530,000 0.1 Cape Cod 1,113 0.46 3 2-
I 29 Friendship Lane 12/5/2018 $1,110,000 0.1 Cape Cod 2,660 0.5 6 3-
J 35 Somerset Road 10/2/1996 $190,000 0.1 Colonial 1,112 1.01 2 1-1
K 27 Friendship Lane 7/23/2018 $0 0.1 Colonial 3,018 0.5 4 4-1
L 37 Somerset Road 11/23/2020 $1,020,000 0.1 Colonial 1,652 0.8 2 1-1
M 28 Equator Drive 8/29/2017 $0 0.1 Colonial 1,976 0.28 5 3-
N 38 Friendship Lane 12/2/2022 $0 0.1 Cape Cod 2,268 0.46 5 4-1
O 33 Friendship Lane 3/4/2002 $220,000 0.1 Cape Cod 1,344 0.53 2 1-
P 25 Friendship Lane 5/19/2006 $0 0.1 Ranch 2,224 0.51 3 2-
Q 23 Friendship Lane 2/18/2011 $450,000 0.1 Ranch 1,277 0.54 2 1-
R 35 Friendship Lane 5/1/2018 $950,000 0.1 Cape Cod 1,655 0.55 3 2-
S 16 Friendship Lane 4/25/2013 $0 0.1 Modern/Contemp 2,657 0.46 4 3-1
T 31 Somerset Road 3/26/2004 $0 0.1 Colonial 2,566 1.42 3 2-1
U 26 Equator Drive 1/15/2021 $700,000 0.1 Cape Cod 1,224 0.46 3 3-
V 33 Somerset Road 4/12/2021 $0 0.1 Ranch 1,120 1.99 2 1-
W 40 Friendship Lane 3/19/2021 $865,000 0.1 Colonial 1,362 0.46 1 1-
X 37 Friendship Lane 8/9/1993 $51,000 0.1 Colonial 1,343 0.55 2 2-
Y 29 Equator Drive 12/30/2014 $780,000 0.1 Colonial 1,823 0.46 3 3-1
Z 19 Friendship Lane 3/14/2003 $0 0.1 Colonial 1,875 0.5 4 2-
- 65 Meadow View Drive 5/10/2016 $1,025,000 0.1 Cape Cod 2,983 0.47 4 3-1
- 3 Marsh Hawk Lane 12/1/1998 $0 0.1 Colonial 1,674 0.5 2 2-
- 14 Friendship Lane 4/30/2020 $0 0.1 Modern/Contemp 2,577 0.46 2 2-1
- 24 Equator Drive 11/18/2009 $655,000 0.1 Cape Cod 1,568 0.46 3 1-1
- 42 Friendship Lane 12/7/2005 $785,000 0.1 Cape Cod 2,325 0.46 2 2-
- 63 Meadow View Drive 9/3/2013 $0 0.1 Colonial 1,440 0.51 2 2-
- 2 Marsh Hawk Lane 10/20/1999 $200,000 0.1 Vacant Land 0.02 -
- 17 Friendship Lane 8/8/2022 $0 0.1 Cape Cod 1,378 0.48 4 2-
- 27 Equator Drive 1/25/1989 $0 0.1 Ranch 1,104 0.47 3 2-
- 41 Friendship Lane 7/12/2005 $0 0.1 Cape Cod 1,680 0.53 4 3-
- 51 Cato Lane 6/22/2022 $0 0.1 Vacant Land 0.66 -
- 12 Friendship Lane 3/18/2013 $0 0.1 Colonial 1,440 0.46 3 2-
- 22 Equator Drive 3/10/2000 $615,950 0.1 Colonial 2,776 0.46 3 2-1
- 61 Meadow View Drive 7/29/1992 $59,500 0.1 Cape Cod 1,392 0.49 3 2-
- 15 Friendship Lane 9/23/1998 $283,000 0.1 Colonial 1,425 0.47 3 2-
- 25 Equator Drive 12/4/2018 $900,000 0.1 Cape Cod 1,344 0.46 3 2-
Averages 5113 days $329,273 0.08 --- 1,721 0.55 --- ---  
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
56 337 28 Friendship Lane