15 Friendship Lane, Nantucket, MA 02554

15 Friendship Lane Nantucket MA 02554
Owner Information
Owner 1
John E Fritsch & Ciara
Owner 2
Owner's Address
P O Box 3080 Nantucket, MA 02584
Market Sale Information
Most recent sale date
9/23/1998
Previous sale date
12/19/1995
Transfer document #
C0018-0579
Previous transfer document
C0017-0111
Grantor
Mary L Woodrum
Previous grantor
Mary L Woodrum
Most recent sale price
$283,000.00
Previous sale price
$0.00
Site Information
Property ID
66-254
Lot Size
0.47
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1988
Number of full baths
2
Condition
Number of half baths
Finished Area
1425
Number of Kitchen
1
Gross Living Area
2785
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
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$679,900.00
Total value
$1,326,400.00
Building value
$646,500.00
Estimated tax
$4,151.00
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 15 Friendship Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $198.60 Style Colonial Age 1988 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 2785 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.47 Roof Cover Asph/F Gls/Cmp AEM Value - Building $646,500.00 AEM Value - Land $679,900.00 AEM Value - Other $0.00 AEM Value - Total $1,326,400.00
A) 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
B) 3 Back Street 0.9 1/2/2024 $2,900,000 1,344 1 $2157.74 Ranch 1955 3 2 1624 Hot Water 0.12 Asph/F Gls/Cmp $486,100 $810,400 $0 $1,296,500
C) 38 Pine Street 0.9 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
D) 1 Back Street 0.9 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
E) 121 Orange Street 0.9 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
F) 149 Main Street 0.9 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
G) 4 York Street 1.0 3/28/2024 $2,175,000 1,489 1.75 $1460.71 Antique 1850 3 2 3004 Hot Water 0.07 Asph/F Gls/Cmp $801,300 $809,800 $0 $1,611,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 15 Friendship Lane 9/23/1998 $283,000 0 Colonial 1,425 0.47 3 2- -
  Criteria
A 31 Surfside Road 5/23/2024 $2,125,000 0.5 Cape Cod 1,404 0.15 3 2-
B 3 Back Street 1/2/2024 $2,900,000 0.9 Ranch 1,344 0.12 3 2-
C 38 Pine Street 1/31/2024 $2,225,000 0.9 Antique 1,707 0.07 3 1-1
D 1 Back Street 1/2/2024 $2,900,000 0.9 Colonial 1,520 0.12 2 2-
E 121 Orange Street 3/1/2024 $800,000 0.9 Antique 1,574 0.3 3 1-
F 149 Main Street 5/17/2024 $4,225,000 0.9 Conventional 1,698 0.14 3 1-1
G 4 York Street 3/28/2024 $2,175,000 1.0 Antique 1,489 0.07 3 2-
Averages 118 days $2,478,571 0.86 --- 1,534 0.14 --- ---  

Estimation of Market Value - $2,144,290

As of today, 07/02/2024, the estimated market value of 15 Friendship Lane, Nantucket considering the above 7 comparable properties is $2,144,290.

 

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
@ 15 Friendship Lane 9/23/1998 $283,000 0 Colonial 1,425 0.47 3 2- -
  Criteria
A 13 Friendship Lane 3/14/1995 $65,000 0.0 Cape Cod 1,960 0.47 5 3-
B 17 Friendship Lane 8/8/2022 $0 0.0 Cape Cod 1,378 0.48 4 2-
C 11 Friendship Lane 8/21/1984 $34,000 0.0 Ranch 1,352 0.46 3 2-
D 19 Friendship Lane 3/14/2003 $0 0.0 Colonial 1,875 0.5 4 2-
E 67 Cato Lane 1/31/2022 $0 0.0 Cape Cod 900 0.7 2 1-
F 65 Cato Lane 11/29/2007 $0 0.0 Cape Cod 1,224 0.55 3 1-
G 9 Friendship Lane 4/5/2019 $1,000,000 0.0 Cape Cod 2,185 0.47 2 3-
H 14 Friendship Lane 4/30/2020 $0 0.0 Modern/Contemp 2,577 0.46 2 2-1
I 16 Friendship Lane 4/25/2013 $0 0.1 Modern/Contemp 2,657 0.46 4 3-1
J 12 Friendship Lane 3/18/2013 $0 0.1 Colonial 1,440 0.46 3 2-
K 63 Cato Lane 6/26/2024 $1,950,000 0.1 Bungalow 719 0.52 1 1-
L 69 Cato Lane 1/7/2005 $0 0.1 Ranch 768 0.67 2 1-
M 23 Friendship Lane 2/18/2011 $450,000 0.1 Ranch 1,277 0.54 2 1-
N 7 Friendship Lane 8/6/2014 $0 0.1 Colonial 1,504 0.46 3 2-
O 10 Friendship Lane 10/18/2000 $0 0.1 Cape Cod 1,860 0.46 5 2-1
P 61 Cato Lane 7/1/2013 $685,000 0.1 Colonial 2,464 0.54 4 3-
Q 29 Equator Drive 12/30/2014 $780,000 0.1 Colonial 1,823 0.46 3 3-1
R 25 Friendship Lane 5/19/2006 $0 0.1 Ranch 2,224 0.51 3 2-
S 71 Cato Lane 11/30/2016 $0 0.1 Ranch 720 0.63 3 1-
T 34 Equator Drive 1/23/2023 $1,700,000 0.1 Cape Cod 601 0.46 1 1-
U 5 Friendship Lane 4/25/2018 $1,100,000 0.1 Cape Cod 1,376 0.46 3 2-
V 57 Cato Lane 3/21/1989 $0 0.1 Colonial 1,693 0.68 3 1-
W 70 Cato Lane 10/9/2001 $0 0.1 Cape Cod 1,852 0.23 3 2-1
X 27 Equator Drive 1/25/1989 $0 0.1 Ranch 1,104 0.47 3 2-
Y 3 Equator Drive 7/1/2020 $875,000 0.1 Cape Cod 1,560 0.28 3 2-
Z 68 Cato Lane 10/1/2013 $760,000 0.1 Family Duplex 3,206 0.23 8 5-2
- 55 Cato Lane 9/29/2004 $0 0.1 Colonial 3,208 0.58 4 5-
- 27 Friendship Lane 7/23/2018 $0 0.1 Colonial 3,018 0.5 4 4-1
- 32 Equator Drive 11/16/2009 $680,000 0.1 Colonial 2,270 0.46 3 2-1
- 24 Friendship Lane 9/12/1997 $0 0.1 Cape Cod 2,316 0.5 5 4-
- 3 Friendship Lane 4/15/2020 $260,000 0.1 Colonial 1,797 0.19 3 2-1
- 25 Equator Drive 12/4/2018 $900,000 0.1 Cape Cod 1,344 0.46 3 2-
- 1 Bailey Road 5/4/2021 $550,000 0.1 Colonial 1,848 0.23 4 2-
- 30 Equator Drive 5/19/2017 $0 0.1 Cape Cod 1,776 0.46 4 3-
- 37 Bartlett Road $0 0.1 Clubs/Lodges 4,480 0.51 0 2-
- 5 Equator Drive 9/30/2020 $0 0.1 Cape Cod 1,260 0.46 3 2-
- 39 Bartlett Road 3/12/2020 $0 0.1 Ranch 1,586 0.25 3 1-1
- 1 White Whale Lane 11/21/2018 $460,000 0.1 Family Duplex 4,326 0.24 8 8-2
- 51 Cato Lane 6/22/2022 $0 0.1 Vacant Land 0.66 -
- 28 Equator Drive 8/29/2017 $0 0.1 Colonial 1,976 0.28 5 3-
- 29 Friendship Lane 12/5/2018 $1,110,000 0.1 Cape Cod 2,660 0.5 6 3-
- 21 Equator Drive 12/16/2019 $0 0.1 Colonial 2,630 0.46 4 2-
- 5 Sea Fox Circle 7/28/2021 $0 0.1 Cape Cod 2,712 0.23 6 3-
- 3 Bailey Road 1/24/2019 $645,000 0.1 Colonial 1,756 0.23 4 2-
- 53 Cato Lane 5/20/2013 $0 0.1 Cape Cod 1,494 0.48 3 3-
- 2 Equator Drive 1/8/2018 $830,000 0.1 Colonial 3,122 0.46 4 3-
- 3 Sea Fox Circle 11/2/2005 $795,000 0.1 Colonial 1,965 0.23 4 3-
- 1 Friendship Lane 1/8/2014 $563,500 0.1 Colonial 2,332 0.47 4 3-
- 1 Sea Fox Circle 7/17/2017 $720,000 0.1 Cape Cod 1,260 0.23 4 2-
- 26 Equator Drive 1/15/2021 $700,000 0.1 Cape Cod 1,224 0.46 3 3-
- 7 Equator Drive 5/23/2002 $245,000 0.1 Colonial 3,000 0.46 5 5-
- 28 Friendship Lane 3/9/2017 $0 0.1 Colonial 1,904 0.5 3 2-1
Averages 4201 days $343,413 0.08 --- 1,915 0.44 --- ---  
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
66 254 15 Friendship Lane