25 Friendship Lane, Nantucket, MA 02554

25 Friendship Lane Nantucket MA 02554
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Owner Information
Owner 1
Mark A Gerardi & Suzanne
Owner 2
Owner's Address
P O Box 3316 Nantucket, MA 02584
Market Sale Information
Most recent sale date
5/19/2006
Previous sale date
04/30/1996
Transfer document #
C0022231-
Previous transfer document
C0017-0311
Grantor
Mark A Gerardi
Previous grantor
Scott T Bamber
Most recent sale price
$0.00
Previous sale price
$243,000.00
Site Information
Property ID
56-348
Lot Size
0.51
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1995
Number of full baths
2
Condition
Number of half baths
Finished Area
2224
Number of Kitchen
1
Gross Living Area
3942
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
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
$682,100.00
Total value
$1,401,700.00
Building value
$719,600.00
Estimated tax
$4,387.00
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 25 Friendship Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1995 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 3942 Heating Fuel Hot Water Detached Garage Lot Size 0.51 Roof Cover Asph/F Gls/Cmp AEM Value - Building $719,600.00 AEM Value - Land $682,100.00 AEM Value - Other $0.00 AEM Value - Total $1,401,700.00
A) 8 Luff Road 0.2 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) 8 Essex Road 0.3 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
C) 16 Polliwog Pond Road 0.3 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) 7 Yompasham Lane 0.4 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) 10 Aurora Way 0.6 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
F) 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
G) 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
H) 38 Pine Street 0.8 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) 149 Main Street 0.9 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
J) 1 Farmer Street 0.9 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
K) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 25 Friendship Lane 5/19/2006 $0 0 Ranch 2,224 0.51 3 2- -
  Criteria
A 8 Luff Road 5/9/2024 $1,900,000 0.2 Ranch 1,894 0.36 3 2-
B 8 Essex Road 5/15/2024 $1,900,000 0.3 Colonial 1,872 0.31 3 3-
C 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.3 Cape Cod 1,830 0.24 5 2-
D 7 Yompasham Lane 2/14/2024 $2,262,500 0.4 Conventional 1,878 0.25 3 3-
E 10 Aurora Way 1/9/2024 $4,650,000 0.6 Colonial 2,468 0.18 4 3-1
F 85 Somerset Road 3/12/2024 $2,950,000 0.6 Cape Cod 2,069 0.47 2 2-1
G 108 Main Street 3/19/2024 $4,500,000 0.8 Antique 2,005 0.17 6 4-1
H 38 Pine Street 1/31/2024 $2,225,000 0.8 Antique 1,707 0.07 3 1-1
I 149 Main Street 5/17/2024 $4,225,000 0.9 Conventional 1,698 0.14 3 1-1
J 1 Farmer Street 5/10/2024 $3,600,000 0.9 Antique 2,430 0.06 3 3-1
K 20 New Lane 1/17/2024 $4,350,000 1.0 Colonial 2,247 0.12 4 3-1
Averages 112 days $3,164,773 0.63 --- 2,009 0.22 --- ---  

Estimation of Market Value - $2,699,989

As of today, 07/02/2024, the estimated market value of 25 Friendship Lane, Nantucket considering the above 11 comparable properties is $2,699,989.

 

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
@ 25 Friendship Lane 5/19/2006 $0 0 Ranch 2,224 0.51 3 2- -
  Criteria
A 27 Friendship Lane 7/23/2018 $0 0.0 Colonial 3,018 0.5 4 4-1
B 23 Friendship Lane 2/18/2011 $450,000 0.0 Ranch 1,277 0.54 2 1-
C 29 Friendship Lane 12/5/2018 $1,110,000 0.0 Cape Cod 2,660 0.5 6 3-
D 19 Friendship Lane 3/14/2003 $0 0.0 Colonial 1,875 0.5 4 2-
E 24 Friendship Lane 9/12/1997 $0 0.1 Cape Cod 2,316 0.5 5 4-
F 51 Cato Lane 6/22/2022 $0 0.1 Vacant Land 0.66 -
G 34 Equator Drive 1/23/2023 $1,700,000 0.1 Cape Cod 601 0.46 1 1-
H 55 Cato Lane 9/29/2004 $0 0.1 Colonial 3,208 0.58 4 5-
I 17 Friendship Lane 8/8/2022 $0 0.1 Cape Cod 1,378 0.48 4 2-
J 57 Cato Lane 3/21/1989 $0 0.1 Colonial 1,693 0.68 3 1-
K 33 Friendship Lane 3/4/2002 $220,000 0.1 Cape Cod 1,344 0.53 2 1-
L 61 Cato Lane 7/1/2013 $685,000 0.1 Colonial 2,464 0.54 4 3-
M 16 Friendship Lane 4/25/2013 $0 0.1 Modern/Contemp 2,657 0.46 4 3-1
N 28 Friendship Lane 3/9/2017 $0 0.1 Colonial 1,904 0.5 3 2-1
O 63 Cato Lane 6/26/2024 $1,950,000 0.1 Bungalow 719 0.52 1 1-
P 32 Equator Drive 11/16/2009 $680,000 0.1 Colonial 2,270 0.46 3 2-1
Q 15 Friendship Lane 9/23/1998 $283,000 0.1 Colonial 1,425 0.47 3 2-
R 30 Friendship Lane 6/27/2012 $0 0.1 Cape Cod 1,480 0.46 3 2-1
S 53 Cato Lane 5/20/2013 $0 0.1 Cape Cod 1,494 0.48 3 3-
T 35 Friendship Lane 5/1/2018 $950,000 0.1 Cape Cod 1,655 0.55 3 2-
U 32 Friendship Lane 11/21/2019 $0 0.1 Cape Cod 2,196 0.46 4 2-
V 65 Cato Lane 11/29/2007 $0 0.1 Cape Cod 1,224 0.55 3 1-
W 14 Friendship Lane 4/30/2020 $0 0.1 Modern/Contemp 2,577 0.46 2 2-1
X 30 Equator Drive 5/19/2017 $0 0.1 Cape Cod 1,776 0.46 4 3-
Y 13 Friendship Lane 3/14/1995 $65,000 0.1 Cape Cod 1,960 0.47 5 3-
Z 34 Friendship Lane 10/14/1994 $60,000 0.1 Cape Cod 2,247 0.46 6 2-
- 37 Friendship Lane 8/9/1993 $51,000 0.1 Colonial 1,343 0.55 2 2-
- 49 Cato Lane 6/22/2022 $0 0.1 Ranch 2,160 0.53 3 2-
- 29 Equator Drive 12/30/2014 $780,000 0.1 Colonial 1,823 0.46 3 3-1
- 28 Equator Drive 8/29/2017 $0 0.1 Colonial 1,976 0.28 5 3-
- 1 Bailey Road 5/4/2021 $550,000 0.1 Colonial 1,848 0.23 4 2-
- 36 Friendship Lane 6/1/2011 $530,000 0.1 Cape Cod 1,113 0.46 3 2-
- 67 Cato Lane 1/31/2022 $0 0.1 Cape Cod 900 0.7 2 1-
- 12 Friendship Lane 3/18/2013 $0 0.1 Colonial 1,440 0.46 3 2-
- 11 Friendship Lane 8/21/1984 $34,000 0.1 Ranch 1,352 0.46 3 2-
- 68 Cato Lane 10/1/2013 $760,000 0.1 Family Duplex 3,206 0.23 8 5-2
- 41 Cato Lane 12/11/2012 $1,500,000 0.1 Vacant Land 6.3 -
- 38 Friendship Lane 12/2/2022 $0 0.1 Cape Cod 2,268 0.46 5 4-1
- 70 Cato Lane 10/9/2001 $0 0.1 Cape Cod 1,852 0.23 3 2-1
- 1 Skiff Lane 5/21/2003 $0 0.1 Family Duplex 3,584 0.23 4 4-2
- 27 Equator Drive 1/25/1989 $0 0.1 Ranch 1,104 0.47 3 2-
- 3 Bailey Road 1/24/2019 $645,000 0.1 Colonial 1,756 0.23 4 2-
Averages 4993 days $309,595 0.08 --- 1,789 0.61 --- ---  
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
56 348 25 Friendship Lane