41 Friendship Lane, Nantucket, MA 02554

41 Friendship Lane Nantucket MA 02554
Owner Information
Owner 1
David Hitchcock & Elisabeth
Owner 2
Owner's Address
41 Friendship Ln Nantucket, MA 02554
Market Sale Information
Most recent sale date
7/12/2005
Previous sale date
03/15/1996
Transfer document #
C0021848-
Previous transfer document
C0017-0247
Grantor
Elisabeth Hitchcock
Previous grantor
David G Hitchcock
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
56-356
Lot Size
0.53
Use Code
109 - Multiple Houses on one parcel
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1993
Number of full baths
3
Condition
Number of half baths
Finished Area
1680
Number of Kitchen
1
Gross Living Area
3672
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
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$683,200.00
Total value
$1,827,800.00
Building value
$1,144,600.00
Estimated tax
$5,721.00
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 41 Friendship Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1993 Rooms Bedrooms 4 Full baths 3 Half baths Gross Living Area 3672 Heating Fuel Hot Water Detached Garage Lot Size 0.53 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,144,600.00 AEM Value - Land $683,200.00 AEM Value - Other $0.00 AEM Value - Total $1,827,800.00
A) 21 Pine Street 0.7 3/13/2024 $3,725,000 1,449 1.75 $2570.74 Antique 1850 3 3 1910 Hot Water 0.1 Asph/F Gls/Cmp $1,214,300 $2,091,700 $0 $3,306,000
B) 36 Union Street 0.9 1/29/2024 $3,500,000 1,697 1.75 $2062.46 Antique 1800 4 3 2051 Hot Water 0.21 Asph/F Gls/Cmp $1,379,400 $2,245,400 $0 $3,624,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 41 Friendship Lane 7/12/2005 $0 0 Cape Cod 1,680 0.53 4 3- -
  Criteria
A 21 Pine Street 3/13/2024 $3,725,000 0.7 Antique 1,449 0.1 3 3-
B 36 Union Street 1/29/2024 $3,500,000 0.9 Antique 1,697 0.21 4 3-
Averages 135 days $3,612,500 0.83 --- 1,573 0.15 --- ---  

Estimation of Market Value - $2,881,810

As of today, 07/04/2024, the estimated market value of 41 Friendship Lane, Nantucket considering the above 2 comparable properties is $2,881,810.

 

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
@ 41 Friendship Lane 7/12/2005 $0 0 Cape Cod 1,680 0.53 4 3- -
  Criteria
A 37 Friendship Lane 8/9/1993 $51,000 0.0 Colonial 1,343 0.55 2 2-
B 24 Somerset Road $0 0.0 Vacant Land 3.89 -
C 35 Friendship Lane 5/1/2018 $950,000 0.0 Cape Cod 1,655 0.55 3 2-
D 42 Friendship Lane 12/7/2005 $785,000 0.1 Cape Cod 2,325 0.46 2 2-
E 40 Friendship Lane 3/19/2021 $865,000 0.1 Colonial 1,362 0.46 1 1-
F 38 Friendship Lane 12/2/2022 $0 0.1 Cape Cod 2,268 0.46 5 4-1
G 33 Friendship Lane 3/4/2002 $220,000 0.1 Cape Cod 1,344 0.53 2 1-
H 36 Friendship Lane 6/1/2011 $530,000 0.1 Cape Cod 1,113 0.46 3 2-
I 20 Somerset Road 7/13/2009 $0 0.1 Colonial 1,628 0.71 3 1-1
J 34 Friendship Lane 10/14/1994 $60,000 0.1 Cape Cod 2,247 0.46 6 2-
K 18 Somerset Road 5/12/1998 $0 0.1 Vacant Land 1.61 -
L 32 Friendship Lane 11/21/2019 $0 0.1 Cape Cod 2,196 0.46 4 2-
M 65 Meadow View Drive 5/10/2016 $1,025,000 0.1 Cape Cod 2,983 0.47 4 3-1
N 29 Friendship Lane 12/5/2018 $1,110,000 0.1 Cape Cod 2,660 0.5 6 3-
O 30 Friendship Lane 6/27/2012 $0 0.1 Cape Cod 1,480 0.46 3 2-1
P 21 Somerset Road 5/19/2015 $0 0.1 Service Shop 2,977 3 -
Q 60 Meadow View Drive 12/31/2002 $0 0.1 Family Conver. 1,920 0.96 6 3-
R 41 Cato Lane 12/11/2012 $1,500,000 0.1 Vacant Land 6.3 -
S 17 Roberts Lane 1/29/2003 $0 0.1 Vacant Land 0.5 -
T 63 Meadow View Drive 9/3/2013 $0 0.1 Colonial 1,440 0.51 2 2-
U 16 Somerset Road 6/20/2018 $967,500 0.1 Colonial 2,562 0.46 4 3-1
V 27 Friendship Lane 7/23/2018 $0 0.1 Colonial 3,018 0.5 4 4-1
W 28 Friendship Lane 3/9/2017 $0 0.1 Colonial 1,904 0.5 3 2-1
X 7 Roberts Lane 9/30/2008 $895,000 0.1 Colonial 1,418 0.5 2 2-
Y 31 Somerset Road 3/26/2004 $0 0.1 Colonial 2,566 1.42 3 2-1
Averages 4976 days $358,340 0.09 --- 1,696 1.07 --- ---  
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
56 356 41 Friendship Lane