4 Backus Lane, Nantucket, MA 02554

4 Backus Lane Nantucket MA 02554
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Owner Information
Owner 1
W B B O Inc
Owner 2
Owner's Address
P O Box 2549 Nantucket, MA 02584
Market Sale Information
Most recent sale date
9/28/1989
Previous sale date
01/25/1989
Transfer document #
C0014-0195
Previous transfer document
C0013-0956
Grantor
Celtic Power Corp
Previous grantor
Most recent sale price
$0.00
Previous sale price
$100.00
Site Information
Property ID
67-15
Lot Size
0.34
Use Code
104 - Residential, two family
Zoning
R10
Building Style
Family Duplex
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1984
Number of full baths
4
Condition
Number of half baths
Finished Area
2240
Number of Kitchen
2
Gross Living Area
2272
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Minimum/Plywd
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
$643,600.00
Total value
$1,389,000.00
Building value
$745,400.00
Estimated tax
$4,347.00
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 4 Backus Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Family Duplex Age 1984 Rooms Bedrooms 5 Full baths 4 Half baths Gross Living Area 2272 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.34 Roof Cover Asph/F Gls/Cmp AEM Value - Building $745,400.00 AEM Value - Land $643,600.00 AEM Value - Other $0.00 AEM Value - Total $1,389,000.00
A) 19 Cynthia Lane 0.4 5/2/2024 $1,495,000 2,096 2 $713.26 Colonial 1999 5 3 3248 Hot Water 0.08 Asph/F Gls/Cmp $798,100 $375,300 $0 $1,173,400
B) 56 Fairgrounds Road 0.5 4/17/2024 $2,150,000 1,824 1 $1178.73 Cape Cod 1988 4 2 1 4739 Hot Water 0.73 Asph/F Gls/Cmp $646,900 $757,200 $0 $1,404,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 4 Backus Lane 9/28/1989 $0 0 Family Duplex 2,240 0.34 5 4- -
  Criteria
A 19 Cynthia Lane 5/2/2024 $1,495,000 0.4 Colonial 2,096 0.08 5 3-
B 56 Fairgrounds Road 4/17/2024 $2,150,000 0.5 Cape Cod 1,824 0.73 4 2-1
Averages 67 days $1,822,500 0.42 --- 1,960 0.41 --- ---  

Estimation of Market Value - $2,023,563

As of today, 06/30/2024, the estimated market value of 4 Backus Lane, Nantucket considering the above 2 comparable properties is $2,023,563.

 

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
@ 4 Backus Lane 9/28/1989 $0 0 Family Duplex 2,240 0.34 5 4- -
  Criteria
A 36 Surfside Road 11/10/2021 $1,375,000 0.0 Colonial 1,666 0.23 3 2-
B 38 Surfside Road 6/8/2012 $325,000 0.0 Colonial 2,527 0.23 8 4-
C 5 Backus Lane 12/28/2000 $265,000 0.0 Vacant Land 0.5 -
D 32 Surfside Road 12/30/2015 $950,000 0.0 Family Duplex 2,332 0.23 5 3-
E 0 Surfside Road $0 0.0 Vacant Land 0.84 -
F 1 Boynton Lane 9/12/2002 $560,000 0.1 Family Duplex 2,250 0.12 6 4-2
G 45 Surfside Road 3/27/2015 $0 0.1 Restaurant 2,820 0.18 2 2-
H 2 Bartlett Road 1/4/2016 $400,000 0.1 Office Bldg 1,200 0.17 0 2-
I 3 Ariel Avenue 12/28/2000 $0 0.1 Ranch 2,091 0.23 5 2-
J 2 Boynton Lane 5/12/1999 $125,000 0.1 Four Family 3,690 0.12 9 6-
K 44 Surfside Road 9/28/1989 $0 0.1 Nightclub/Bar 6,445 0.93 0 3-
L 3 Boynton Lane 8/19/2021 $0 0.1 Family Duplex 2,250 0.12 6 4-2
M 2 Larrabee Lane 2/15/2017 $900,000 0.1 Family Duplex 2,016 0.23 6 4-
N 4 Boynton Lane 5/12/1999 $125,000 0.1 Four Family 3,192 0.12 9 6-
O 4 Bartlett Road-Lot 867 4/9/2015 $700,000 0.1 Profess. Bldg 3,037 0.17 0 4-
P 1 Bartlett Road 2/6/2006 $0 0.1 Bungalow 497 0.23 3 1-
Q 6 Boynton Lane 1/7/2015 $625,000 0.1 Family Duplex 3,507 0.12 5 5-
R 7 Boynton Lane 1/15/2015 $635,000 0.1 Gar/Apt Res 856 0.22 1 1-
S 9 Backus Lane 3/25/2019 $0 0.1 Vacant Land 6.86 -
T 41 Surfside Road 11/17/2020 $1,180,000 0.1 Cape Cod 2,332 0.24 5 3-
U 3 Bartlett Road 1/21/2015 $0 0.1 Bungalow 624 0.24 3 1-
V 46 Surfside Road Unit 3 1/30/2019 $1,100,000 0.1 Bungalow 1,540 0.26 5 2-
W 6 Bartlett Road 10/10/2001 $100,000 0.1 Family Duplex 3,920 0.13 6 8-
X 11 Boynton Lane 2/15/2013 $775,000 0.1 Gar/Apt Res 584 0.17 1 1-1
Y 12 Boynton Lane 6/11/2015 $930,000 0.1 Aptovrret/Off 2,820 0.33 3 4-
Z 8 Bartlett Road 10/13/2021 $0 0.1 Colonial 2,016 0.21 4 3-
- 17 Backus Lane 12/28/2000 $800,000 0.1 Vacant Land 1.27 -
- 7 Bartlett Road 4/15/2022 $1,575,000 0.1 Family Duplex 1,980 0.17 4 3-
- 7 Pilot Whale Drive 5/21/1999 $480,000 0.1 Vacant Land 3 -
- 4 Maclean Lane 5/15/2023 $1,657,500 0.1 Cape Cod 1,248 0.18 3 2-
- 48 Surfside Road 11/23/2004 $0 0.1 Ranch 768 0.39 3 1-
- 2 Windy Way 1/29/2021 $1,800,000 0.1 Aptovrret/Off 3,868 0.26 3 2-
- 17 Boynton Lane 8/4/2003 $1,361,550 0.1 Vacant Land 0.21 -
- 39 Surfside Road 5/30/2018 $795,000 0.1 Colonial 1,710 0.16 5 3-1
- 8 Bartlett Road Unit 8 9/13/2017 $885,000 0.1 Family Duplex 2,113 0.12 4 3-1
- 9 Bartlett Road 9/29/2016 $0 0.1 Family Duplex 1,936 0.22 4 2-
- 5 Bartlett Road 12/17/2021 $425,000 0.1 Vacant Land 0.26 -
- 6 Maclean Lane 12/30/1986 $166,000 0.1 Cape Cod 1,908 0.18 5 3-
Averages 4716 days $553,028 0.09 --- 1,835 0.52 --- ---  
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
67 15 4 Backus Lane