23 Friendship Lane, Nantucket, MA 02554

23 Friendship Lane Nantucket MA 02554
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Owner Information
Owner 1
William A Schultz
Owner 2
Owner's Address
113 Taylor Ave Madison, CT 06443
Market Sale Information
Most recent sale date
2/18/2011
Previous sale date
02/27/1990
Transfer document #
C0023803-
Previous transfer document
C0014-0357
Grantor
Robert W Sandsbury
Previous grantor
Most recent sale price
$450,000.00
Previous sale price
$0.00
Site Information
Property ID
56-347
Lot Size
0.54
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
2
Year Built
1985
Number of full baths
1
Condition
Number of half baths
Finished Area
1277
Number of Kitchen
1
Gross Living Area
3066
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
$683,700.00
Total value
$2,194,000.00
Building value
$1,510,300.00
Estimated tax
$6,867.00
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 23 Friendship Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $352.39 Style Ranch Age 1985 Rooms Bedrooms 2 Full baths 1 Half baths Gross Living Area 3066 Heating Fuel Hot Water Detached Garage Lot Size 0.54 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,510,300.00 AEM Value - Land $683,700.00 AEM Value - Other $0.00 AEM Value - Total $2,194,000.00
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) 3 Back Street 0.9 1/2/2024 $2,900,000 1,344 1 $2157.74 Ranch 1955 3 2 1624 Hot Water 0.12 Asph/F Gls/Cmp $486,100 $810,400 $0 $1,296,500
C) 1 Back Street 0.9 1/2/2024 $2,900,000 1,520 2 $1907.89 Colonial 2004 2 2 2608 Hot Water 0.12 Asph/F Gls/Cmp $755,000 $816,400 $0 $1,571,400
D) 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
E) 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
@ 23 Friendship Lane 2/18/2011 $450,000 0 Ranch 1,277 0.54 2 1- -
  Criteria
A 31 Surfside Road 5/23/2024 $2,125,000 0.5 Cape Cod 1,404 0.15 3 2-
B 3 Back Street 1/2/2024 $2,900,000 0.9 Ranch 1,344 0.12 3 2-
C 1 Back Street 1/2/2024 $2,900,000 0.9 Colonial 1,520 0.12 2 2-
D 121 Orange Street 3/1/2024 $800,000 0.9 Antique 1,574 0.3 3 1-
E 4 York Street 3/28/2024 $2,175,000 0.9 Antique 1,489 0.07 3 2-
Averages 125 days $2,180,000 0.80 --- 1,466 0.15 --- ---  

Estimation of Market Value - $2,675,907

As of today, 07/02/2024, the estimated market value of 23 Friendship Lane, Nantucket considering the above 5 comparable properties is $2,675,907.

 

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
@ 23 Friendship Lane 2/18/2011 $450,000 0 Ranch 1,277 0.54 2 1- -
  Criteria
A 25 Friendship Lane 5/19/2006 $0 0.0 Ranch 2,224 0.51 3 2-
B 27 Friendship Lane 7/23/2018 $0 0.0 Colonial 3,018 0.5 4 4-1
C 19 Friendship Lane 3/14/2003 $0 0.0 Colonial 1,875 0.5 4 2-
D 17 Friendship Lane 8/8/2022 $0 0.0 Cape Cod 1,378 0.48 4 2-
E 29 Friendship Lane 12/5/2018 $1,110,000 0.0 Cape Cod 2,660 0.5 6 3-
F 34 Equator Drive 1/23/2023 $1,700,000 0.1 Cape Cod 601 0.46 1 1-
G 24 Friendship Lane 9/12/1997 $0 0.1 Cape Cod 2,316 0.5 5 4-
H 51 Cato Lane 6/22/2022 $0 0.1 Vacant Land 0.66 -
I 57 Cato Lane 3/21/1989 $0 0.1 Colonial 1,693 0.68 3 1-
J 55 Cato Lane 9/29/2004 $0 0.1 Colonial 3,208 0.58 4 5-
K 61 Cato Lane 7/1/2013 $685,000 0.1 Colonial 2,464 0.54 4 3-
L 16 Friendship Lane 4/25/2013 $0 0.1 Modern/Contemp 2,657 0.46 4 3-1
M 15 Friendship Lane 9/23/1998 $283,000 0.1 Colonial 1,425 0.47 3 2-
N 63 Cato Lane 6/26/2024 $1,950,000 0.1 Bungalow 719 0.52 1 1-
O 65 Cato Lane 11/29/2007 $0 0.1 Cape Cod 1,224 0.55 3 1-
P 32 Equator Drive 11/16/2009 $680,000 0.1 Colonial 2,270 0.46 3 2-1
Q 13 Friendship Lane 3/14/1995 $65,000 0.1 Cape Cod 1,960 0.47 5 3-
R 14 Friendship Lane 4/30/2020 $0 0.1 Modern/Contemp 2,577 0.46 2 2-1
S 28 Friendship Lane 3/9/2017 $0 0.1 Colonial 1,904 0.5 3 2-1
T 33 Friendship Lane 3/4/2002 $220,000 0.1 Cape Cod 1,344 0.53 2 1-
U 53 Cato Lane 5/20/2013 $0 0.1 Cape Cod 1,494 0.48 3 3-
V 30 Equator Drive 5/19/2017 $0 0.1 Cape Cod 1,776 0.46 4 3-
W 30 Friendship Lane 6/27/2012 $0 0.1 Cape Cod 1,480 0.46 3 2-1
X 67 Cato Lane 1/31/2022 $0 0.1 Cape Cod 900 0.7 2 1-
Y 29 Equator Drive 12/30/2014 $780,000 0.1 Colonial 1,823 0.46 3 3-1
Z 11 Friendship Lane 8/21/1984 $34,000 0.1 Ranch 1,352 0.46 3 2-
- 12 Friendship Lane 3/18/2013 $0 0.1 Colonial 1,440 0.46 3 2-
- 35 Friendship Lane 5/1/2018 $950,000 0.1 Cape Cod 1,655 0.55 3 2-
- 32 Friendship Lane 11/21/2019 $0 0.1 Cape Cod 2,196 0.46 4 2-
- 1 Bailey Road 5/4/2021 $550,000 0.1 Colonial 1,848 0.23 4 2-
- 28 Equator Drive 8/29/2017 $0 0.1 Colonial 1,976 0.28 5 3-
- 68 Cato Lane 10/1/2013 $760,000 0.1 Family Duplex 3,206 0.23 8 5-2
- 49 Cato Lane 6/22/2022 $0 0.1 Ranch 2,160 0.53 3 2-
- 70 Cato Lane 10/9/2001 $0 0.1 Cape Cod 1,852 0.23 3 2-1
- 34 Friendship Lane 10/14/1994 $60,000 0.1 Cape Cod 2,247 0.46 6 2-
- 9 Friendship Lane 4/5/2019 $1,000,000 0.1 Cape Cod 2,185 0.47 2 3-
- 37 Friendship Lane 8/9/1993 $51,000 0.1 Colonial 1,343 0.55 2 2-
- 27 Equator Drive 1/25/1989 $0 0.1 Ranch 1,104 0.47 3 2-
- 69 Cato Lane 1/7/2005 $0 0.1 Ranch 768 0.67 2 1-
- 10 Friendship Lane 10/18/2000 $0 0.1 Cape Cod 1,860 0.46 5 2-1
- 3 Bailey Road 1/24/2019 $645,000 0.1 Colonial 1,756 0.23 4 2-
- 36 Friendship Lane 6/1/2011 $530,000 0.1 Cape Cod 1,113 0.46 3 2-
- 1 Skiff Lane 5/21/2003 $0 0.1 Family Duplex 3,584 0.23 4 4-2
- 26 Equator Drive 1/15/2021 $700,000 0.1 Cape Cod 1,224 0.46 3 3-
Averages 5128 days $289,841 0.08 --- 1,815 0.47 --- ---  
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
56 347 23 Friendship Lane