45 Cato Lane, Nantucket, MA 02554

Owner Information
Owner 1
Nantucket Islands Land Bank
Owner 2
Owner's Address
22 Broad Street Nantucket, MA 02554
Market Sale Information
Most recent sale date
12/11/2012
Previous sale date
02/11/2009
Transfer document #
01358-0173
Previous transfer document
01169-0345
Grantor
March Hare LLC
Previous grantor
Michael L Trimpi
Most recent sale price
$1,500,000.00
Previous sale price
$0.00
Site Information
Property ID
56-42
Lot Size
2.8
Use Code
991 - Vacant, County or Regional
Zoning
R40
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2025
Land Value
$828,500.00
Total value
$828,500.00
Building value
$0.00
Estimated tax
$4,606.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
45 Cato Lane$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000Subject PropertyTotal Assessment ($)Total Assessment
Address 45 Cato Lane
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft -
Style Vacant Land
Age
Rooms
Bedrooms
Full baths
Half baths
Gross Living Area
Heating Fuel
Detached Garage
Lot Size 2.8
Roof Cover
AEM Value - Building $0.00
AEM Value - Land $828,500.00
AEM Value - Other $0.00
AEM Value - Total $828,500.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 45 Cato Lane 12/11/2012 $1,500,000 0 Vacant Land 2.8 - -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
Subject Property5 Skiff Lane51 Cato Lane45 Cato Lane41 Cato Lane40 Cato Lane8 Bailey Road7 Skiff Lane33 Friendship Lane35 Friendship Lane6 Bailey Road7 Roberts Lane37 Friendship Lane3 Roberts Lane29 Friendship Lane9 Paupamo Way49 Cato Lane46 Cato Lane53 Cato Lane57 Cato Lane52 Cato Lane1 Skiff Lane5 Keequinn Circle55 Cato Lane37 Cato Lane$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 45 Cato Lane 12/11/2012 $1,500,000 0 Vacant Land 2.8 - -
  Criteria
A 41 Cato Lane 12/11/2012 $1,500,000 0.0 Vacant Land 6.3 -
B 49 Cato Lane 6/22/2022 $0 0.1 Ranch 2,160 0.53 3 2-
C 52 Cato Lane 6/22/1990 $150,000 0.1 Colonial 810 0.51 2 1-
D 1 Skiff Lane 5/21/2003 $0 0.1 Family Duplex 3,584 0.23 4 4-2
E 53 Cato Lane 5/20/2013 $0 0.1 Cape Cod 1,494 0.48 3 3-
F 51 Cato Lane 6/22/2022 $0 0.1 Vacant Land 0.66 -
G 37 Cato Lane 9/15/2016 $1,450,000 0.1 Colonial 3,712 0.64 4 5-1
H 5 Keequinn Circle 1/19/2016 $0 0.1 Colonial 3,362 0.44 4 3-1
I 55 Cato Lane 9/29/2004 $0 0.1 Colonial 3,208 0.58 4 5-
J 46 Cato Lane 2/11/2009 $0 0.1 Colonial 2,438 2.25 4 3-
K 5 Skiff Lane 10/21/2016 $550,000 0.1 Cape Cod 914 0.14 3 3-
L 7 Skiff Lane 3/27/2025 $1,700,000 0.1 Cape Cod 1,551 0.11 3 3-1
M 57 Cato Lane 3/21/1989 $0 0.1 Colonial 1,693 0.68 3 1-
N 6 Bailey Road 4/5/2013 $399,000 0.1 Colonial 1,848 0.23 3 2-
O 3 Roberts Lane 12/2/2013 $0 0.1 Ranch 1,304 0.47 3 2-
P 40 Cato Lane 7/10/2013 $1,200,000 0.1 Vacant Land 6.85 -
Q 33 Friendship Lane 3/4/2002 $220,000 0.1 Cape Cod 1,344 0.53 2 1-
R 35 Friendship Lane 5/1/2018 $950,000 0.1 Cape Cod 1,655 0.55 3 2-
S 9 Paupamo Way 7/22/1992 $125,000 0.1 Colonial 2,533 0.21 4 3-1
T 7 Roberts Lane 9/30/2008 $895,000 0.1 Colonial 1,418 0.5 2 2-
U 37 Friendship Lane 8/9/1993 $51,000 0.1 Colonial 1,343 0.55 2 2-
V 8 Bailey Road 2/15/2018 $829,000 0.1 Cape Cod 1,260 0.23 4 2-
W 29 Friendship Lane 12/5/2018 $1,110,000 0.1 Cape Cod 2,660 0.5 6 3-
Averages 5477 days $483,870 0.10 --- 1,752 1.05 --- ---  
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 42 45 Cato Lane