51 Cato Lane, Nantucket, MA 02554

Owner Information
Owner 1
Dora Lee Nolan & Patrick R
Owner 2
Owner's Address
49 Cato Lane Nantucket, MA 02554
Market Sale Information
Most recent sale date
6/22/2022
Previous sale date
04/06/2001
Transfer document #
1900-276
Previous transfer document
00692-0345
Grantor
Mary E Garnett
Previous grantor
Donald A Garnett
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
56-44
Lot Size
0.66
Use Code
130 - Land, developable
Zoning
R20
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
$753,000.00
Total value
$753,000.00
Building value
$0.00
Estimated tax
$2,469.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
51 Cato Lane85 Vestal Street27 Cato Lane15 Aurora Way13 Aurora Way$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 51 Cato Lane A) 27 Cato LaneB) 15 Aurora WayC) 13 Aurora WayD) 85 Vestal Street
Photo
Plan
Map
Proximity 0.20.60.60.8
Last Sold 3/27/202510/8/20244/1/202512/19/2024
Price $3,595,695$5,050,000$5,440,000$2,850,000
Net Living Area
Stories
Sale Price/sft -----
Style Vacant LandVacant LandVacant LandVacant LandVacant Land
Age
Rooms
Bedrooms
Full baths
Half baths
Gross Living Area
Heating Fuel
Detached Garage
Lot Size 0.660.510.30.210.46
Roof Cover
AEM Value - Building $0.00$1,572,300$2,532,900$3,155,000$0
AEM Value - Land $753,000.00$1,114,500$1,124,000$1,048,900$1,760,700
AEM Value - Other $0.00$0$0$0$0
AEM Value - Total $753,000.00$2,686,800$3,656,900$4,203,900$1,760,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 51 Cato Lane 6/22/2022 $0 0 Vacant Land 0.66 - -
  Criteria
A 27 Cato Lane 3/27/2025 $3,595,695 0.2 Vacant Land 0.51 -
B 15 Aurora Way 10/8/2024 $5,050,000 0.6 Vacant Land 0.3 -
C 13 Aurora Way 4/1/2025 $5,440,000 0.6 Vacant Land 0.21 -
D 85 Vestal Street 12/19/2024 $2,850,000 0.8 Vacant Land 0.46 -
Averages 76 days $4,233,924 0.57 --- 0.37 --- ---  

Estimation of Market Value - $1,036,096

As of today, 04/06/2025, the estimated market value of 51 Cato Lane, Nantucket considering the above 4 comparable properties is $1,036,096.

 

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 Lane1 Sea Fox Circle8 Bailey Road7 Skiff Lane33 Friendship Lane17 Friendship Lane30 Friendship Lane35 Friendship Lane6 Bailey Road3 Sea Fox Circle37 Friendship Lane16 Friendship Lane10 Bailey Road29 Friendship Lane25 Friendship Lane5 Bailey Road28 Friendship Lane32 Friendship Lane24 Friendship Lane34 Equator Drive19 Friendship Lane52 Cato Lane27 Friendship Lane23 Friendship Lane$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 51 Cato Lane 6/22/2022 $0 0 Vacant Land 0.66 - -
  Criteria
A 55 Cato Lane 9/29/2004 $0 0.0 Colonial 3,208 0.58 4 5-
B 53 Cato Lane 5/20/2013 $0 0.0 Cape Cod 1,494 0.48 3 3-
C 57 Cato Lane 3/21/1989 $0 0.0 Colonial 1,693 0.68 3 1-
D 49 Cato Lane 6/22/2022 $0 0.0 Ranch 2,160 0.53 3 2-
E 27 Friendship Lane 7/23/2018 $0 0.1 Colonial 3,018 0.5 4 4-1
F 25 Friendship Lane 5/19/2006 $0 0.1 Ranch 2,224 0.51 3 2-
G 61 Cato Lane 7/1/2013 $685,000 0.1 Colonial 2,464 0.54 4 3-
H 29 Friendship Lane 12/5/2018 $1,110,000 0.1 Cape Cod 2,660 0.5 6 3-
I 23 Friendship Lane 2/18/2011 $450,000 0.1 Ranch 1,277 0.54 2 1-
J 1 Skiff Lane 5/21/2003 $0 0.1 Family Duplex 3,584 0.23 4 4-2
K 63 Cato Lane 6/26/2024 $1,950,000 0.1 Bungalow 719 0.52 1 1-
L 33 Friendship Lane 3/4/2002 $220,000 0.1 Cape Cod 1,344 0.53 2 1-
M 41 Cato Lane 12/11/2012 $1,500,000 0.1 Vacant Land 6.3 -
N 1 Bailey Road 5/4/2021 $550,000 0.1 Colonial 1,848 0.23 4 2-
O 19 Friendship Lane 3/14/2003 $0 0.1 Colonial 1,875 0.5 4 2-
P 45 Cato Lane 12/11/2012 $1,500,000 0.1 Vacant Land 2.8 -
Q 35 Friendship Lane 5/1/2018 $950,000 0.1 Cape Cod 1,655 0.55 3 2-
R 65 Cato Lane 11/29/2007 $0 0.1 Cape Cod 1,224 0.55 3 1-
S 3 Bailey Road 1/24/2019 $645,000 0.1 Colonial 1,756 0.23 4 2-
T 17 Friendship Lane 8/8/2022 $0 0.1 Cape Cod 1,378 0.48 4 2-
U 68 Cato Lane 10/1/2013 $760,000 0.1 Family Duplex 3,206 0.23 8 5-2
V 6 Bailey Road 4/5/2013 $399,000 0.1 Colonial 1,848 0.23 3 2-
W 52 Cato Lane 6/22/1990 $150,000 0.1 Colonial 810 0.51 2 1-
X 37 Friendship Lane 8/9/1993 $51,000 0.1 Colonial 1,343 0.55 2 2-
Y 24 Friendship Lane 9/12/1997 $0 0.1 Cape Cod 2,316 0.5 5 4-
Z 70 Cato Lane 10/9/2001 $0 0.1 Cape Cod 1,852 0.23 3 2-1
- 5 Bailey Road 6/2/2016 $660,000 0.1 Colonial 1,764 0.23 3 1-1
- 15 Friendship Lane 9/23/1998 $283,000 0.1 Colonial 1,425 0.47 3 2-
- 34 Equator Drive 1/23/2023 $1,700,000 0.1 Cape Cod 601 0.46 1 1-
- 8 Bailey Road 2/15/2018 $829,000 0.1 Cape Cod 1,260 0.23 4 2-
- 5 Skiff Lane 10/21/2016 $550,000 0.1 Cape Cod 914 0.14 3 3-
- 7 Skiff Lane 3/27/2025 $1,700,000 0.1 Cape Cod 1,551 0.11 3 3-1
- 1 Sea Fox Circle 7/17/2017 $720,000 0.1 Cape Cod 1,260 0.23 4 2-
- 67 Cato Lane 1/31/2022 $0 0.1 Cape Cod 900 0.7 2 1-
- 28 Friendship Lane 3/9/2017 $0 0.1 Colonial 1,904 0.5 3 2-1
- 30 Friendship Lane 6/27/2012 $0 0.1 Cape Cod 1,480 0.46 3 2-1
- 16 Friendship Lane 4/25/2013 $0 0.1 Modern/Contemp 2,657 0.46 4 3-1
- 3 Sea Fox Circle 11/2/2005 $795,000 0.1 Colonial 1,965 0.23 4 3-
- 13 Friendship Lane 3/14/1995 $65,000 0.1 Cape Cod 1,960 0.47 5 3-
- 32 Friendship Lane 11/21/2019 $0 0.1 Cape Cod 2,196 0.46 4 2-
- 10 Bailey Road 11/8/2012 $460,000 0.1 Colonial 2,071 0.23 4 2-1
Averages 5022 days $455,659 0.09 --- 1,728 0.62 --- ---  
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 44 51 Cato Lane