53 Cato Lane, Nantucket, MA 02554

Owner Information
Owner 1
Joseph P Bedell & Katie
Owner 2
Owner's Address
53 Cato Ln Nantucket, MA 02554
Market Sale Information
Most recent sale date
5/20/2013
Previous sale date
12/31/2012
Transfer document #
01386-0105
Previous transfer document
01364-0095
Grantor
Joseph Bedell
Previous grantor
Louise A Bedell
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
56-46
Lot Size
0.48
Use Code
109 - Multiple Houses on one parcel
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1970
Number of full baths
3
Condition
Number of half baths
Finished Area
1494
Number of Kitchen
1
Gross Living Area
3482
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
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$680,400.00
Total value
$1,890,400.00
Building value
$1,210,000.00
Estimated tax
$5,916.00
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 53 Cato Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1970 Rooms Bedrooms 3 Full baths 3 Half baths Gross Living Area 3482 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.48 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,210,000.00 AEM Value - Land $680,400.00 AEM Value - Other $0.00 AEM Value - Total $1,890,400.00
A) 21 Pine Street 0.8 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) 1 Hedgebury Lane 0.8 6/27/2024 $4,862,500 1,188 1 $4093.01 Ranch 2009 4 3 1865 Forced Air-Duc 0.53 Wood Shingle $1,688,400 $1,552,600 $0 $3,241,000
C) 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
@ 53 Cato Lane 5/20/2013 $0 0 Cape Cod 1,494 0.48 3 3- -
  Criteria
A 21 Pine Street 3/13/2024 $3,725,000 0.8 Antique 1,449 0.1 3 3-
B 1 Hedgebury Lane 6/27/2024 $4,862,500 0.8 Ranch 1,188 0.53 4 3-
C 36 Union Street 1/29/2024 $3,500,000 0.9 Antique 1,697 0.21 4 3-
Averages 90 days $4,029,167 0.84 --- 1,445 0.28 --- ---  

Estimation of Market Value - $3,206,592

As of today, 07/02/2024, the estimated market value of 53 Cato Lane, Nantucket considering the above 3 comparable properties is $3,206,592.

 

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
@ 53 Cato Lane 5/20/2013 $0 0 Cape Cod 1,494 0.48 3 3- -
  Criteria
A 55 Cato Lane 9/29/2004 $0 0.0 Colonial 3,208 0.58 4 5-
B 49 Cato Lane 6/22/2022 $0 0.0 Ranch 2,160 0.53 3 2-
C 57 Cato Lane 3/21/1989 $0 0.0 Colonial 1,693 0.68 3 1-
D 51 Cato Lane 6/22/2022 $0 0.0 Vacant Land 0.66 -
E 1 Skiff Lane 5/21/2003 $0 0.0 Family Duplex 3,584 0.23 4 4-2
F 61 Cato Lane 7/1/2013 $685,000 0.0 Colonial 2,464 0.54 4 3-
G 1 Bailey Road 5/4/2021 $550,000 0.1 Colonial 1,848 0.23 4 2-
H 6 Bailey Road 4/5/2013 $399,000 0.1 Colonial 1,848 0.23 3 2-
I 3 Bailey Road 1/24/2019 $645,000 0.1 Colonial 1,756 0.23 4 2-
J 63 Cato Lane 6/26/2024 $1,950,000 0.1 Bungalow 719 0.52 1 1-
K 52 Cato Lane 6/22/1990 $150,000 0.1 Colonial 810 0.51 2 1-
L 68 Cato Lane 10/1/2013 $760,000 0.1 Family Duplex 3,206 0.23 8 5-2
M 5 Bailey Road 6/2/2016 $660,000 0.1 Colonial 1,764 0.23 3 1-1
N 8 Bailey Road 2/15/2018 $829,000 0.1 Cape Cod 1,260 0.23 4 2-
O 5 Skiff Lane 10/21/2016 $550,000 0.1 Cape Cod 914 0.14 3 3-
P 7 Skiff Lane 5/17/2019 $920,000 0.1 Cape Cod 1,551 0.11 3 3-1
Q 25 Friendship Lane 5/19/2006 $0 0.1 Ranch 2,224 0.51 3 2-
R 45 Cato Lane 12/11/2012 $1,500,000 0.1 Vacant Land 2.8 -
S 23 Friendship Lane 2/18/2011 $450,000 0.1 Ranch 1,277 0.54 2 1-
T 41 Cato Lane 12/11/2012 $1,500,000 0.1 Vacant Land 6.3 -
U 27 Friendship Lane 7/23/2018 $0 0.1 Colonial 3,018 0.5 4 4-1
V 65 Cato Lane 11/29/2007 $0 0.1 Cape Cod 1,224 0.55 3 1-
W 70 Cato Lane 10/9/2001 $0 0.1 Cape Cod 1,852 0.23 3 2-1
X 1 Sea Fox Circle 7/17/2017 $720,000 0.1 Cape Cod 1,260 0.23 4 2-
Y 29 Friendship Lane 12/5/2018 $1,110,000 0.1 Cape Cod 2,660 0.5 6 3-
Z 10 Bailey Road 11/8/2012 $460,000 0.1 Colonial 2,071 0.23 4 2-1
- 19 Friendship Lane 3/14/2003 $0 0.1 Colonial 1,875 0.5 4 2-
- 3 Sea Fox Circle 11/2/2005 $795,000 0.1 Colonial 1,965 0.23 4 3-
- 5 Keequinn Circle 1/19/2016 $0 0.1 Colonial 3,362 0.44 4 3-1
- 17 Friendship Lane 8/8/2022 $0 0.1 Cape Cod 1,378 0.48 4 2-
- 5 Sea Fox Circle 7/28/2021 $0 0.1 Cape Cod 2,712 0.23 6 3-
- 12 Bailey Road 2/7/2022 $0 0.1 Colonial 1,848 0.23 4 2-
- 33 Friendship Lane 3/4/2002 $220,000 0.1 Cape Cod 1,344 0.53 2 1-
- 2 Sea Fox Circle 3/21/2022 $1,850,000 0.1 Family Duplex 2,464 0.24 6 4-
- 67 Cato Lane 1/31/2022 $0 0.1 Cape Cod 900 0.7 2 1-
- 15 Friendship Lane 9/23/1998 $283,000 0.1 Colonial 1,425 0.47 3 2-
- 35 Friendship Lane 5/1/2018 $950,000 0.1 Cape Cod 1,655 0.55 3 2-
- 14 Bailey Road 4/29/1992 $0 0.1 Family Duplex 2,464 0.23 5 4-
- 7 Bailey Road 6/11/2014 $95,000 0.1 Colonial 1,680 0.23 3 2-
- 4 Sea Fox Circle 5/24/1996 $193,000 0.1 Colonial 1,890 0.23 4 2-
Averages 4494 days $455,600 0.08 --- 1,783 0.59 --- ---  
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 46 53 Cato Lane