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
2025
Land Value
$61,320.00
Total value
$707,620.00
Building value
$646,300.00
Estimated tax
$2,320.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
Subject Property3 Friendship Lane80 Somerset Road7 Otokomi Road7 Skiff Lane4-A Marble Way15 Rudder Lane24 Meadow View Drive2 Wamasquid Place13 Hendersons Drive21 Pleasant Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Total Assessment ($)Total Assessment
Address 3 Friendship Lane A) 7 Skiff LaneB) 15 Rudder LaneC) 2 Wamasquid PlaceD) 4-A Marble WayE) 80 Somerset RoadF) 7 Otokomi RoadG) 24 Meadow View DriveH) 13 Hendersons DriveI) 21 Pleasant Street
Photo
Plan
Map
Proximity 0.20.30.40.40.40.50.70.90.9
Last Sold 3/27/20251/23/20252/13/20251/17/20252/21/202512/23/202412/4/20241/14/20253/20/2025
Price $1,700,000$2,600,000$2,500,000$1,925,000$702,465$673,240$2,250,000$3,400,000$7,375,000
Net Living Area 1,5512,2401,9661,7281,6801,5442,2121,9171,936
Stories 1.752211.752222
Sale Price/sft $144.69$1096.07$1160.71$1271.62$1114.00$418.13$436.04$1017.18$1773.60$3809.40
Style ColonialCape CodColonialColonialCape CodAffordable HsgColonialColonialCustom BuiltConventional
Age 2020200820031985197520041995197719871923
Rooms
Bedrooms 3343333333
Full baths 2322222221
Half baths 111112
Gross Living Area 2924213742844372364826401713448430123266
Heating Fuel Forced Air-DucHot WaterHot WaterElectr BasebrdHot WaterHot WaterHot Air-No DucHot WaterForced Air-DucHot Water
Detached Garage
Lot Size 0.190.110.431.70.170.210.310.460.440.11
Roof Cover Asph/F Gls/CmpWood ShingleAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $646,300.00$776,600$1,347,800$950,900$830,800$423,700$623,000$1,017,400$2,665,100$2,690,500
AEM Value - Land $61,320.00$478,800$707,400$1,291,100$589,100$306,306$330,600$1,173,400$1,055,700$1,466,700
AEM Value - Other $0.00$0$0$0$0$0$0$0$0$0
AEM Value - Total $707,620.00$1,255,400$2,055,200$2,242,000$1,419,900$730,006$953,600$2,190,800$3,720,800$4,157,200
# 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 7 Skiff Lane 3/27/2025 $1,700,000 0.2 Cape Cod 1,551 0.11 3 3-1
B 15 Rudder Lane 1/23/2025 $2,600,000 0.3 Colonial 2,240 0.43 4 2-1
C 2 Wamasquid Place 2/13/2025 $2,500,000 0.4 Colonial 1,966 1.7 3 2-
D 4-A Marble Way 1/17/2025 $1,925,000 0.4 Cape Cod 1,728 0.17 3 2-
E 80 Somerset Road 2/21/2025 $702,465 0.4 Affordable Hsg 1,680 0.21 3 2-
F 7 Otokomi Road 12/23/2024 $673,240 0.5 Colonial 1,544 0.31 3 2-
G 24 Meadow View Drive 12/4/2024 $2,250,000 0.7 Colonial 2,212 0.46 3 2-1
H 13 Hendersons Drive 1/14/2025 $3,400,000 0.9 Custom Built 1,917 0.44 3 2-1
I 21 Pleasant Street 3/20/2025 $7,375,000 0.9 Conventional 1,936 0.11 3 1-2
Averages 118 days $2,569,523 0.51 --- 1,864 0.44 --- ---  

Estimation of Market Value - $1,675,693

As of today, 05/29/2025, the estimated market value of 3 Friendship Lane, Nantucket considering the above 9 comparable properties is $1,675,693.

 

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
Copy to Clipboard
Subject Property3 Friendship Lane4 Appleton Road2 Appleton Road17 Friendship Lane8 Equator Drive7 Friendship Lane15 Friendship Lane39 Bartlett Road9 Friendship Lane29 Equator Drive67 Cato Lane10 Equator Drive13 Friendship Lane71 Cato Lane32 Bartlett Road2 Equator Drive2 Friendship Lane1 Friendship Lane6 Equator Drive69 Cato Lane11 Friendship Lane5 Friendship Lane4 Equator Drive37 Bartlett Road1 White Whale Lane65 Cato Lane27 Equator Drive$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000Total Assessment ($)Total Assessment
# 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 11/21/2024 $2,795,000 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 4538 days $471,095 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