5 Rudder Lane, Nantucket, MA 02554

5 Rudder Lane Nantucket MA 02554
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Owner Information
Owner 1
Michael Allen & Joan
Owner 2
Owner's Address
5 Rudder Lane Nantucket, MA 02554-4322
Market Sale Information
Most recent sale date
10/27/1992
Previous sale date
10/15/1990
Transfer document #
C0015-0507
Previous transfer document
C0014-0609
Grantor
Gary E Yates
Previous grantor
Five Rudder Lane Partnership
Most recent sale price
$275,000.00
Previous sale price
$85,000.00
Site Information
Property ID
66-362
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R10L
Building Style
Colonial
Number of Rooms
Stories
1.75
Number of Beds
2
Year Built
1990
Number of full baths
2
Condition
Number of half baths
Finished Area
1762
Number of Kitchen
1
Gross Living Area
3462
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Radiant
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$711,600.00
Total value
$1,622,800.00
Building value
$911,200.00
Estimated tax
$5,079.00
Yard improvement value
$0.00
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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 5 Rudder Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $156.07 Style Colonial Age 1990 Rooms Bedrooms 2 Full baths 2 Half baths Gross Living Area 3462 Heating Fuel Radiant Detached Garage Lot Size 0.5 Roof Cover Wood Shingle AEM Value - Building $911,200.00 AEM Value - Land $711,600.00 AEM Value - Other $0.00 AEM Value - Total $1,622,800.00
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) 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) 31 Surfside Road 0.6 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) 16 Polliwog Pond Road 0.7 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
F) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Rudder Lane 10/27/1992 $275,000 0 Colonial 1,762 0.5 2 2- -
  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 85 Somerset Road 3/12/2024 $2,950,000 0.5 Cape Cod 2,069 0.47 2 2-1
D 31 Surfside Road 5/23/2024 $2,125,000 0.6 Cape Cod 1,404 0.15 3 2-
E 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.7 Cape Cod 1,830 0.24 5 2-
F 7 Yompasham Lane 2/14/2024 $2,262,500 0.7 Conventional 1,878 0.25 3 3-
Averages 97 days $2,231,250 0.49 --- 1,825 0.3 --- ---  

Estimation of Market Value - $2,311,096

As of today, 07/03/2024, the estimated market value of 5 Rudder Lane, Nantucket considering the above 6 comparable properties is $2,311,096.

 

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
@ 5 Rudder Lane 10/27/1992 $275,000 0 Colonial 1,762 0.5 2 2- -
  Criteria
A 7 Rudder Lane 3/7/2008 $0 0.0 Colonial 2,264 0.46 4 3-
B 3 Rudder Lane 5/31/2022 $2,195,000 0.0 Colonial 2,010 0.44 3 2-1
C 10 Mizzenmast 2/2/2007 $0 0.0 Cape Cod 1,608 0.42 3 3-1
D 12 Mizzenmast 10/24/2022 $1,600,000 0.0 Colonial 1,712 0.42 3 2-
E 10 Rudder Lane 12/15/2009 $0 0.0 Cape Cod 2,626 0.4 5 4-1
F 8 Rudder Lane 5/31/2019 $0 0.0 Vacant Land 0.39 -
G 9 Rudder Lane 12/11/2018 $1,600,000 0.0 Cape Cod 2,480 0.43 4 3-1
H 8 Mizzenmast 9/21/2016 $1,120,000 0.0 Cape Cod 1,776 0.28 3 2-
I 1 Spinnaker Circle 1/23/2007 $0 0.0 Cape Cod 1,932 0.47 3 2-
J 14 Mizzenmast 3/23/2000 $0 0.0 Cape Cod 1,664 0.42 3 2-
K 12 Rudder Lane 1/15/2015 $0 0.1 Ranch 1,970 0.4 3 2-1
L 4 Rudder Lane 1/20/1989 $5,250 0.1 Cape Cod 1,704 0.41 3 2-1
M 2 Spinnaker Circle 3/26/2010 $0 0.1 Colonial 2,318 0.35 3 3-
N 16 Mizzenmast 9/21/2018 $1,300,000 0.1 Colonial 2,080 0.41 3 2-1
O 11 Rudder Lane 8/13/2021 $2,250,000 0.1 Colonial 2,058 0.4 3 3-
P 14 Rudder Lane 2/25/1994 $270,000 0.1 Colonial 2,408 0.38 3 2-1
Q 25 Appleton Road 8/5/2002 $470,000 0.1 Cape Cod 2,220 0.23 4 4-1
R 2 Rudder Lane 6/2/2020 $1,200,000 0.1 Cape Cod 3,024 0.38 4 3-1
S 27 Appleton Road 4/27/2007 $862,500 0.1 Colonial 2,398 0.23 4 3-1
T 3 Spinnaker Circle 12/16/2022 $918,750 0.1 Colonial 1,705 0.37 3 3-
U 23 Appleton Road 12/1/2005 $0 0.1 Cape Cod 2,387 0.23 3 3-
V 2 Keel Lane 6/17/2016 $1,200,000 0.1 Colonial 2,470 0.49 5 3-1
W 4 Spinnaker Circle 11/29/2021 $0 0.1 Cape Cod 2,335 0.35 4 3-
X 29 Appleton Road 4/25/2019 $0 0.1 Cape Cod 1,692 0.23 3 2-
Y 5 Mizzenmast 5/29/1996 $105,000 0.1 Colonial 1,872 0.43 4 3-
Z 21 Appleton Road 7/8/2022 $1,375,000 0.1 Cape Cod 1,884 0.23 3 1-1
- 31 Appleton Road 2/7/2007 $0 0.1 Cape Cod 1,102 0.23 4 2-
- 19 Appleton Road 1/28/1998 $285,000 0.1 Colonial 2,533 0.23 3 3-
- 9 Mizzenmast 8/7/1997 $0 0.1 Cape Cod 3,762 0.44 3 3-
- 2 Reacher Lane 11/2/2021 $1,783,000 0.1 Cape Cod 2,470 0.38 3 3-
- 18 Mizzenmast 11/2/2001 $635,500 0.1 Colonial 2,452 0.49 3 2-1
- 1 Luff Road 1/8/2013 $0 0.1 Cape Cod 1,764 0.33 3 2-
- 3 Luff Road 10/8/2004 $780,000 0.1 Cape Cod 1,404 0.34 4 2-
- 3 Keel Lane 8/15/2022 $0 0.1 Colonial 2,168 0.42 4 3-1
- 2 Topping Lift 9/21/2018 $1,295,000 0.1 Colonial 2,972 0.61 5 4-2
- 17 Appleton Road 12/16/1993 $0 0.1 Ranch 2,054 0.23 3 3-
- 5 Luff Road 12/24/2019 $0 0.1 Colonial 1,904 0.35 3 2-1
- 13 Rudder Lane 4/25/2018 $1,375,000 0.1 Cape Cod 2,617 0.4 3 4-
- 6 Spinnaker Circle 5/23/2022 $2,258,000 0.1 Cape Cod 2,028 0.49 4 3-
- 4 Keel Lane 8/16/1993 $210,000 0.1 Cape Cod 1,680 0.39 4 2-
- 11 Mizzenmast 10/28/2022 $3,205,000 0.1 Cape Cod 2,736 0.47 4 3-1
- 24 Appleton Road $0 0.1 Ranch 964 0.42 2 1-
- 4 Reacher Lane 3/15/2022 $0 0.1 Cape Cod 1,762 0.27 4 4-1
- 26 Appleton Road 3/3/2020 $1,050,000 0.1 Colonial 1,560 0.11 3 3-
- 20 Mizzenmast 1/2/2015 $0 0.1 Cape Cod 1,578 0.36 3 2-
- 15 Appleton Road 11/18/2010 $0 0.1 Colonial 1,554 0.23 3 2-
- 7 Luff Road 3/10/1987 $85,000 0.1 Colonial 3,010 0.39 3 3-
- 22 Appleton Road 2/19/2009 $0 0.1 Family Duplex 3,258 0.27 4 4-1
- 1 Spindrift 12/7/2016 $1,025,000 0.1 Colonial 2,240 0.43 3 2-1
- 6 Keel Lane 5/26/1999 $0 0.1 Colonial 1,980 0.46 3 2-
- 15 Rudder Lane 12/9/2021 $1,750,000 0.1 Colonial 2,240 0.43 4 2-1
- 4 Topping Lift 6/30/2016 $941,000 0.1 Colonial 2,240 0.44 4 3-
- 20 Appleton Road 4/15/2021 $0 0.1 Colonial 2,828 0.13 3 3-
- 13 Mizzenmast 5/9/2017 $0 0.1 Cape Cod 1,520 0.47 3 1-1
- 1-A Thurstons Way 7/13/2018 $750,000 0.1 Ranch 1,144 0.12 3 2-
- 13 Appleton Road 6/23/2010 $0 0.1 Cape Cod 1,224 0.23 4 2-
- 4 Thurstons Way 1/28/2003 $0 0.1 Colonial 1,348 0.37 4 3-
- 3 Nobska Way $0 0.1 Office Bldg 1,016 0.43 1-
- 1 Topping Lift 3/15/2010 $600,000 0.1 Colonial 1,512 0.51 3 2-
- 9 Luff Road 7/22/2019 $0 0.1 Cape Cod 2,309 0.45 4 3-
- 1 Reacher Lane 12/29/2009 $0 0.1 Colonial 1,464 0.49 3 1-1
- 8 Keel Lane 6/16/2017 $0 0.1 Cape Cod 1,682 0.49 4 2-
- 1 Salros Road 11/1/2001 $575,000 0.1 Aptovrret/Off 2,478 0.24 5 3-
- 2 Luff Road 4/22/2013 $600,000 0.1 Cape Cod 1,120 0.34 3 1-1
- 4 Luff Road 3/29/2021 $0 0.1 Cape Cod 1,352 0.36 3 2-
Averages 4558 days $548,831 0.08 --- 1,994 0.37 --- ---  
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
66 362 5 Rudder Lane