2 Reacher Lane, Nantucket, MA 02554

2 Reacher Lane Nantucket MA 02554
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Brian Farrel Rice & Lauren
Owner 2
Owner's Address
4006 Underwood St Chevy Chase, MD 20815
Market Sale Information
Most recent sale date
11/2/2021
Previous sale date
12/31/2012
Transfer document #
C28547-
Previous transfer document
C0024644-0
Grantor
John W Molloy
Previous grantor
Kathryn L Sossen
Most recent sale price
$1,783,000.00
Previous sale price
$500,000.00
Site Information
Property ID
66-337
Lot Size
0.38
Use Code
101 - Residential, single family
Zoning
R10L
Building Style
Cape Cod
Number of Rooms
Stories
2
Number of Beds
3
Year Built
1997
Number of full baths
3
Condition
Number of half baths
Finished Area
2470
Number of Kitchen
1
Gross Living Area
3064
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$704,400.00
Total value
$1,921,900.00
Building value
$1,217,500.00
Estimated tax
$6,015.00
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 2 Reacher Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $721.86 Style Cape Cod Age 1997 Rooms Bedrooms 3 Full baths 3 Half baths Gross Living Area 3064 Heating Fuel Hot Water Detached Garage Lot Size 0.38 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,217,500.00 AEM Value - Land $704,400.00 AEM Value - Other $0.00 AEM Value - Total $1,921,900.00
A) 8 Luff Road 0.2 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 0.4 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) 85 Somerset Road 0.5 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
D) 7 Yompasham Lane 0.7 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
E) 8 Austin Farm Drive 0.8 3/1/2024 $8,500,000 2,798 2 $3037.88 Colonial 1994 3 2 1 4432 Forced Air-Duc 0.92 Wood Shingle $1,701,900 $1,217,000 $0 $2,918,900
F) 10 Aurora Way 0.9 1/9/2024 $4,650,000 2,468 1.75 $1884.12 Colonial 2003 4 3 1 5236 Hot Air-No Duc 0.18 Wood Shingle $2,468,800 $963,100 $0 $3,431,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Reacher Lane 11/2/2021 $1,783,000 0 Cape Cod 2,470 0.38 3 3- -
  Criteria
A 8 Luff Road 5/9/2024 $1,900,000 0.2 Ranch 1,894 0.36 3 2-
B 8 Essex Road 5/15/2024 $1,900,000 0.4 Colonial 1,872 0.31 3 3-
C 85 Somerset Road 3/12/2024 $2,950,000 0.5 Cape Cod 2,069 0.47 2 2-1
D 7 Yompasham Lane 2/14/2024 $2,262,500 0.7 Conventional 1,878 0.25 3 3-
E 8 Austin Farm Drive 3/1/2024 $8,500,000 0.8 Colonial 2,798 0.92 3 2-1
F 10 Aurora Way 1/9/2024 $4,650,000 0.9 Colonial 2,468 0.18 4 3-1
Averages 110 days $3,693,750 0.58 --- 2,163 0.42 --- ---  

Estimation of Market Value - $3,788,595

As of today, 07/03/2024, the estimated market value of 2 Reacher Lane, Nantucket considering the above 6 comparable properties is $3,788,595.

 

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
@ 2 Reacher Lane 11/2/2021 $1,783,000 0 Cape Cod 2,470 0.38 3 3- -
  Criteria
A 14 Rudder Lane 2/25/1994 $270,000 0.0 Colonial 2,408 0.38 3 2-1
B 4 Reacher Lane 3/15/2022 $0 0.0 Cape Cod 1,762 0.27 4 4-1
C 31 Appleton Road 2/7/2007 $0 0.0 Cape Cod 1,102 0.23 4 2-
D 11 Rudder Lane 8/13/2021 $2,250,000 0.0 Colonial 2,058 0.4 3 3-
E 13 Rudder Lane 4/25/2018 $1,375,000 0.0 Cape Cod 2,617 0.4 3 4-
F 1 Reacher Lane 12/29/2009 $0 0.0 Colonial 1,464 0.49 3 1-1
G 12 Rudder Lane 1/15/2015 $0 0.0 Ranch 1,970 0.4 3 2-1
H 9 Rudder Lane 12/11/2018 $1,600,000 0.0 Cape Cod 2,480 0.43 4 3-1
I 29 Appleton Road 4/25/2019 $0 0.1 Cape Cod 1,692 0.23 3 2-
J 20 Rudder Lane 11/18/1987 $95,000 0.1 Colonial 2,464 0.39 4 2-1
K 1-A Thurstons Way 7/13/2018 $750,000 0.1 Ranch 1,144 0.12 3 2-
L 15 Rudder Lane 12/9/2021 $1,750,000 0.1 Colonial 2,240 0.43 4 2-1
M 32 Appleton Road 8/21/2019 $1,475,000 0.1 Colonial 3,805 0.46 6 4-1
N 30 Appleton Road 8/3/2015 $0 0.1 Family Conver. 1,792 0.35 4 3-
O 7 Rudder Lane 3/7/2008 $0 0.1 Colonial 2,264 0.46 4 3-
P 27 Appleton Road 4/27/2007 $862,500 0.1 Colonial 2,398 0.23 4 3-1
Q 10 Rudder Lane 12/15/2009 $0 0.1 Cape Cod 2,626 0.4 5 4-1
R 18 Mizzenmast 11/2/2001 $635,500 0.1 Colonial 2,452 0.49 3 2-1
S 16 Mizzenmast 9/21/2018 $1,300,000 0.1 Colonial 2,080 0.41 3 2-1
T 22 Rudder Lane 1/29/2018 $0 0.1 Cape Cod 1,757 0.36 3 2-
U 20 Mizzenmast 1/2/2015 $0 0.1 Cape Cod 1,578 0.36 3 2-
V 26 Appleton Road 3/3/2020 $1,050,000 0.1 Colonial 1,560 0.11 3 3-
W 36 Appleton Road 4/2/2004 $0 0.1 Cape Cod 1,936 0.46 3 2-
X 14 Mizzenmast 3/23/2000 $0 0.1 Cape Cod 1,664 0.42 3 2-
Y 3 Thurstons Way 7/12/2019 $1,300,000 0.1 Cape Cod 1,536 0.3 4 2-
Z 25 Appleton Road 8/5/2002 $470,000 0.1 Cape Cod 2,220 0.23 4 4-1
- 0 Mizzenmast Extension 6/15/2000 $150,000 0.1 Vacant Land 2.69 -
- 22 Mizzenmast 8/3/2021 $0 0.1 Colonial 2,918 0.4 3 3-
- 5 Rudder Lane 10/27/1992 $275,000 0.1 Colonial 1,762 0.5 2 2-
- 4 Thurstons Way 1/28/2003 $0 0.1 Colonial 1,348 0.37 4 3-
- 8 Rudder Lane 5/31/2019 $0 0.1 Vacant Land 0.39 -
- 5 Daley Court 12/15/2015 $0 0.1 Ranch 1,160 0.45 3 1-
- 12 Mizzenmast 10/24/2022 $1,600,000 0.1 Colonial 1,712 0.42 3 2-
- 38 Appleton Road 10/14/2021 $1,601,201 0.1 Cape Cod 1,392 0.69 3 2-
- 24 Rudder Lane 9/3/2004 $895,000 0.1 Cape Cod 2,439 0.37 3 3-1
- 23 Appleton Road 12/1/2005 $0 0.1 Cape Cod 2,387 0.23 3 3-
- 24 Appleton Road $0 0.1 Ranch 964 0.42 2 1-
- 4 Daley Court 1/8/2014 $530,000 0.1 Cape Cod 1,105 0.25 2 1-
- 5-A Thurstons Way 11/3/2017 $787,000 0.1 Cape Cod 1,243 0.2 3 2-
- 40 Appleton Road 1/3/2011 $0 0.1 Colonial 2,400 0.69 4 2-1
- 6 Thurstons Way 4/28/2000 $389,000 0.1 Cape Cod 1,197 0.18 3 1-
- 1 Spinnaker Circle 1/23/2007 $0 0.1 Cape Cod 1,932 0.47 3 2-
- 21 Appleton Road 7/8/2022 $1,375,000 0.1 Cape Cod 1,884 0.23 3 1-1
- 10 Mizzenmast 2/2/2007 $0 0.1 Cape Cod 1,608 0.42 3 3-1
- 13 Mizzenmast 5/9/2017 $0 0.1 Cape Cod 1,520 0.47 3 1-1
- 11 Mizzenmast 10/28/2022 $3,205,000 0.1 Cape Cod 2,736 0.47 4 3-1
- 3 Rudder Lane 5/31/2022 $2,195,000 0.1 Colonial 2,010 0.44 3 2-1
- 3 Nobska Way $0 0.1 Office Bldg 1,016 0.43 1-
- 9 Mizzenmast 8/7/1997 $0 0.1 Cape Cod 3,762 0.44 3 3-
- 11 Helens Drive 12/23/2016 $0 0.1 Vacant Land 0.63 -
- 15 Mizzenmast 2/26/1993 $165,000 0.1 Cape Cod 2,964 0.43 4 4-
- 46 Appleton Road 4/2/2004 $0 0.1 Ranch 1,300 0.46 3 2-
- 18 Keel Lane 11/17/2009 $0 0.1 Colonial 2,043 0.37 4 2-1
- 1 Daley Court 9/20/2010 $0 0.1 Ranch 960 0.21 3 1-
- 7 Thurstons Way 3/22/2021 $1,200,000 0.1 Colonial 2,000 0.29 4 2-
- 2 Daley Court 1/19/2021 $1,100,000 0.1 Cape Cod 1,296 0.2 3 2-1
- 19 Appleton Road 1/28/1998 $285,000 0.1 Colonial 2,533 0.23 3 3-
- 2 Keel Lane 6/17/2016 $1,200,000 0.1 Colonial 2,470 0.49 5 3-1
Averages 4670 days $554,055 0.08 --- 1,847 0.42 --- ---  
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
66 337 2 Reacher Lane