3 Friendship Lane, Nantucket, MA 02554

3 Friendship Lane Nantucket MA 02554
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Owner Information
Owner 1
Joseph H Tormay
Owner 2
Owner's Address
3 Friendship Ln Nantucket, MA 02554
Market Sale Information
Most recent sale date
4/15/2020
Previous sale date
05/31/2019
Transfer document #
C27681-
Previous transfer document
C0027307-0
Grantor
Jonathan D Heneke
Previous grantor
Brandon Michael Ronca
Most recent sale price
$260,000.00
Previous sale price
$550,000.00
Site Information
Property ID
66-248
Lot Size
0.19
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
2020
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1797
Number of Kitchen
Gross Living Area
2924
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
Electric
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
$281,141.00
Total value
$1,069,041.00
Building value
$787,900.00
Estimated tax
$3,346.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 3 Friendship Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $144.69 Style Colonial Age 2020 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 2924 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.19 Roof Cover Asph/F Gls/Cmp AEM Value - Building $787,900.00 AEM Value - Land $281,141.00 AEM Value - Other $0.00 AEM Value - Total $1,069,041.00
A) 8 Luff Road 0.1 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 0.5 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) 31 Surfside Road 0.5 5/23/2024 $2,125,000 1,404 2 $1513.53 Cape Cod 1989 3 2 3016 Hot Water 0.15 Asph/F Gls/Cmp $512,500 $511,100 $0 $1,023,600
E) 7 Yompasham Lane 0.5 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
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) 1 Back Street 1.0 1/2/2024 $2,900,000 1,520 2 $1907.89 Colonial 2004 2 2 2608 Hot Water 0.12 Asph/F Gls/Cmp $755,000 $816,400 $0 $1,571,400
H) 38 Pine Street 1.0 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) 121 Orange Street 1.0 3/1/2024 $800,000 1,574 1 $508.26 Antique 1850 3 1 2918 None 0.3 Asph/F Gls/Cmp $427,100 $995,800 $0 $1,422,900
J) 108 Main Street 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Friendship Lane 4/15/2020 $260,000 0 Colonial 1,797 0.19 3 2-1 -
  Criteria
A 8 Luff Road 5/9/2024 $1,900,000 0.1 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 0.5 Cape Cod 1,830 0.24 5 2-
D 31 Surfside Road 5/23/2024 $2,125,000 0.5 Cape Cod 1,404 0.15 3 2-
E 7 Yompasham Lane 2/14/2024 $2,262,500 0.5 Conventional 1,878 0.25 3 3-
F 85 Somerset Road 3/12/2024 $2,950,000 0.6 Cape Cod 2,069 0.47 2 2-1
G 1 Back Street 1/2/2024 $2,900,000 1.0 Colonial 1,520 0.12 2 2-
H 38 Pine Street 1/31/2024 $2,225,000 1.0 Antique 1,707 0.07 3 1-1
I 121 Orange Street 3/1/2024 $800,000 1.0 Antique 1,574 0.3 3 1-
J 108 Main Street 3/19/2024 $4,500,000 1.0 Antique 2,005 0.17 6 4-1
Averages 113 days $2,381,250 0.64 --- 1,775 0.24 --- ---  

Estimation of Market Value - $1,907,393

As of today, 07/01/2024, the estimated market value of 3 Friendship Lane, Nantucket considering the above 10 comparable properties is $1,907,393.

 

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
@ 3 Friendship Lane 4/15/2020 $260,000 0 Colonial 1,797 0.19 3 2-1 -
  Criteria
A 5 Friendship Lane 4/25/2018 $1,100,000 0.0 Cape Cod 1,376 0.46 3 2-
B 1 Friendship Lane 1/8/2014 $563,500 0.0 Colonial 2,332 0.47 4 3-
C 7 Friendship Lane 8/6/2014 $0 0.0 Colonial 1,504 0.46 3 2-
D 39 Bartlett Road 3/12/2020 $0 0.0 Ranch 1,586 0.25 3 1-1
E 2 Equator Drive 1/8/2018 $830,000 0.0 Colonial 3,122 0.46 4 3-
F 71 Cato Lane 11/30/2016 $0 0.0 Ranch 720 0.63 3 1-
G 9 Friendship Lane 4/5/2019 $1,000,000 0.0 Cape Cod 2,185 0.47 2 3-
H 2 Friendship Lane 10/28/2019 $0 0.1 Cape Cod 2,632 0.46 4 3-1
I 8 Luff Road 5/9/2024 $1,900,000 0.1 Ranch 1,894 0.36 3 2-
J 6 Luff Road 3/30/2020 $0 0.1 Colonial 912 0.38 3 2-
K 4 Luff Road 3/29/2021 $0 0.1 Cape Cod 1,352 0.36 3 2-
L 10 Luff Road 5/15/2013 $0 0.1 Cape Cod 1,204 0.49 2 2-
M 11 Friendship Lane 8/21/1984 $34,000 0.1 Ranch 1,352 0.46 3 2-
N 4 Equator Drive 7/8/2021 $1,715,000 0.1 Cape Cod 1,896 0.46 4 3-1
O 69 Cato Lane 1/7/2005 $0 0.1 Ranch 768 0.67 2 1-
P 3 Equator Drive 7/1/2020 $875,000 0.1 Cape Cod 1,560 0.28 3 2-
Q 2 Luff Road 4/22/2013 $600,000 0.1 Cape Cod 1,120 0.34 3 1-1
R 37 Bartlett Road $0 0.1 Clubs/Lodges 4,480 0.51 0 2-
S 10 Friendship Lane 10/18/2000 $0 0.1 Cape Cod 1,860 0.46 5 2-1
T 11 Luff Road 7/28/1989 $94,500 0.1 Colonial 3,515 0.55 4 5-1
U 5 Equator Drive 9/30/2020 $0 0.1 Cape Cod 1,260 0.46 3 2-
V 13 Friendship Lane 3/14/1995 $65,000 0.1 Cape Cod 1,960 0.47 5 3-
W 6 Equator Drive 11/1/2017 $775,000 0.1 Cape Cod 2,215 0.46 2 2-1
X 7 Luff Road 3/10/1987 $85,000 0.1 Colonial 3,010 0.39 3 3-
Y 12 Friendship Lane 3/18/2013 $0 0.1 Colonial 1,440 0.46 3 2-
Z 1 Appleton Road 10/6/2015 $670,000 0.1 Cape Cod 1,012 0.24 3 2-
- 3 Appleton Road 1/19/2017 $737,500 0.1 Colonial 1,288 0.23 3 2-
- 7 Equator Drive 5/23/2002 $245,000 0.1 Colonial 3,000 0.46 5 5-
- 5 Luff Road 12/24/2019 $0 0.1 Colonial 1,904 0.35 3 2-1
- 9 Luff Road 7/22/2019 $0 0.1 Cape Cod 2,309 0.45 4 3-
- 67 Cato Lane 1/31/2022 $0 0.1 Cape Cod 900 0.7 2 1-
- 5 Appleton Road 1/22/2021 $0 0.1 Cape Cod 1,520 0.23 4 3-
- 3 Luff Road 10/8/2004 $780,000 0.1 Cape Cod 1,404 0.34 4 2-
- 15 Friendship Lane 9/23/1998 $283,000 0.1 Colonial 1,425 0.47 3 2-
- 7 Appleton Road 9/28/2005 $0 0.1 Cape Cod 1,264 0.23 4 2-
- 1 Topping Lift 3/15/2010 $600,000 0.1 Colonial 1,512 0.51 3 2-
- 8 Equator Drive 8/18/2017 $1,225,000 0.1 Cape Cod 2,166 0.28 4 3-
- 1 Luff Road 1/8/2013 $0 0.1 Cape Cod 1,764 0.33 3 2-
- 14 Friendship Lane 4/30/2020 $0 0.1 Modern/Contemp 2,577 0.46 2 2-1
- 9 Appleton Road 3/1/2013 $398,000 0.1 Cape Cod 1,073 0.23 4 2-
- 9 Equator Drive 3/23/2018 $1,200,000 0.1 Colonial 1,792 0.46 4 2-
- 1 White Whale Lane 11/21/2018 $460,000 0.1 Family Duplex 4,326 0.24 8 8-2
- 17 Friendship Lane 8/8/2022 $0 0.1 Cape Cod 1,378 0.48 4 2-
- 6 Spinnaker Circle 5/23/2022 $2,258,000 0.1 Cape Cod 2,028 0.49 4 3-
- 27 Equator Drive 1/25/1989 $0 0.1 Ranch 1,104 0.47 3 2-
- 25 Equator Drive 12/4/2018 $900,000 0.1 Cape Cod 1,344 0.46 3 2-
- 11 Appleton Road 7/13/2007 $715,000 0.1 Cape Cod 1,437 0.23 4 4-1
- 65 Cato Lane 11/29/2007 $0 0.1 Cape Cod 1,224 0.55 3 1-
- 4 Appleton Road $0 0.1 Cape Cod 1,744 0.18 4 3-
- 4 Spinnaker Circle 11/29/2021 $0 0.1 Cape Cod 2,335 0.35 4 3-
- 2 Appleton Road 11/30/2012 $510,000 0.1 Colonial 1,456 0.14 3 2-
- 29 Equator Drive 12/30/2014 $780,000 0.1 Colonial 1,823 0.46 3 3-1
- 3 Topping Lift 12/9/2002 $0 0.1 Colonial 2,196 0.4 4 4-
- 21 Equator Drive 12/16/2019 $0 0.1 Colonial 2,630 0.46 4 2-
- 32 Bartlett Road 6/8/2023 $2,100,000 0.1 Warehouse 3,135 0.14 4 3-
- 10 Equator Drive 4/20/2006 $930,000 0.1 Colonial 1,740 0.48 4 3-
- 2 Rudder Lane 6/2/2020 $1,200,000 0.1 Cape Cod 3,024 0.38 4 3-1
- 10 Appleton Road 10/3/2000 $0 0.1 Ranch 1,120 0.22 3 1-
Averages 4250 days $441,871 0.09 --- 1,866 0.4 --- ---  
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
66 248 3 Friendship Lane