5 Ipswich Street, Nantucket, MA 02554

5 Ipswich Street Nantucket MA 02554
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Owner Information
Owner 1
Dana Lake
Owner 2
C/O Lake Contracting
Owner's Address
5 Middlesex Ave Sommerville, MA 02145
Market Sale Information
Most recent sale date
12/18/2009
Previous sale date
11/12/2003
Transfer document #
C0023439-
Previous transfer document
C0020990-0
Grantor
James R Davis
Previous grantor
Raymond M Sawyer
Most recent sale price
$750,000.00
Previous sale price
$160,000.00
Site Information
Property ID
7132-255
Lot Size
0.18
Use Code
101 - Residential, single family
Zoning
LUG3
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
3
Year Built
2005
Number of full baths
3
Condition
Number of half baths
Finished Area
2024
Number of Kitchen
Gross Living Area
3604
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
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$559,900.00
Total value
$1,430,000.00
Building value
$870,100.00
Estimated tax
$4,475.00
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 5 Ipswich Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $370.55 Style Colonial Age 2005 Rooms Bedrooms 3 Full baths 3 Half baths Gross Living Area 3604 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.18 Roof Cover Asph/F Gls/Cmp AEM Value - Building $870,100.00 AEM Value - Land $559,900.00 AEM Value - Other $0.00 AEM Value - Total $1,430,000.00
A) 35 Fairfield Street 0.4 8/29/2024 $1,850,000 1,680 2 $1101.19 Colonial 2000 3 2 1 3096 Hot Water 0.46 Asph/F Gls/Cmp $1,227,500 $679,300 $0 $1,906,800
B) 20 Berkley Street 0.4 8/13/2024 $1,650,000 1,640 2 $1006.10 Colonial 1995 3 2 1 1976 Hot Water 0.23 Asph/F Gls/Cmp $798,100 $637,500 $0 $1,435,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Ipswich Street 12/18/2009 $750,000 0 Colonial 2,024 0.18 3 3- -
  Criteria
A 35 Fairfield Street 8/29/2024 $1,850,000 0.4 Colonial 1,680 0.46 3 2-1
B 20 Berkley Street 8/13/2024 $1,650,000 0.4 Colonial 1,640 0.23 3 2-1
Averages 86 days $1,750,000 0.40 --- 1,660 0.35 --- ---  

Estimation of Market Value - $1,815,581

As of today, 11/15/2024, the estimated market value of 5 Ipswich Street, Nantucket considering the above 2 comparable properties is $1,815,581.

 

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 Ipswich Street 12/18/2009 $750,000 0 Colonial 2,024 0.18 3 3- -
  Criteria
A 6 Devon Street 7/6/2017 $0 0.0 Colonial 2,268 1.1 2 2-1
B 0 Ipswich Street 4/2/2004 $0 0.0 Vacant Land 0.09 -
C 6 Ipswich Street 6/6/2014 $0 0.0 Vacant Land 0.18 -
D 4 Ipswich Street 4/2/2004 $0 0.0 Vacant Land 0.37 -
E 9 Ipswich Street 12/19/2013 $685,000 0.0 Colonial 1,664 0.18 3 2-
F 0 Ipswich Street 7/6/2017 $0 0.0 Vacant Land 0.05 -
G 12 Devon Street $0 0.0 Vacant Land 0.18 -
H 8 Ipswich Street 9/16/2022 $1,995,000 0.0 Colonial 2,178 0.18 3 2-1
I 1 Ipswich Street 8/4/2021 $0 0.0 Vacant Land 0.24 -
J 4 Devon Street $0 0.0 Vacant Land 0.18 -
K 5 Huntington Street 10/24/1997 $70,000 0.0 Colonial 1,800 0.18 2 2-1
L 3 Huntington Street 4/10/2014 $0 0.0 Colonial 1,904 0.18 3 2-
M 2 Ipswich Street 2/16/2007 $0 0.0 Colonial 1,318 0.14 3 2-1
N 11 Ipswich Street 11/26/2007 $0 0.0 Colonial 1,680 0.18 3 2-1
O 0 Huntington Street 10/24/1997 $0 0.0 Vacant Land 0.09 -
P 1 Huntington Street 6/27/2014 $0 0.0 Vacant Land 0.21 -
Q 14 Devon Street 4/20/2006 $1,050,000 0.0 Colonial 1,518 0.18 3 3-
R 10 Ipswich Street 11/19/2018 $750,000 0.1 Cape Cod 1,104 0.18 2 2-
S 20 Kendrick Street 1/24/2000 $0 0.1 Colonial 1,536 1.84 2 2-1
T 7 Huntington Street 10/17/1995 $208,000 0.1 Colonial 2,355 0.18 4 4-
U 2 Devon Street 8/28/2001 $0 0.1 Colonial 1,668 0.18 3 2-1
V 9 Huntington Street 3/5/2021 $0 0.1 Colonial 2,624 0.18 3 2-
W 0 Devon Street 12/8/2000 $0 0.1 Vacant Land 0.04 -
X 0 Huntington Street 8/7/1990 $0 0.1 Vacant Land 0.05 -
Y 2 Huntington Street 5/1/2017 $0 0.1 Conventional 1,488 0.23 2 4-
Z 1 Devon Street 1/4/2021 $945,750 0.1 Cottage 456 0.18 1 1-
- 4 Huntington Street 3/3/2021 $0 0.1 Colonial 3,141 0.23 3 3-1
- 22 Kendrick Street 6/16/1992 $40,000 0.1 Vacant Land 0.37 -
- 6 Huntington Street 12/20/2019 $949,000 0.1 Colonial 1,216 0.18 3 2-1
- 4 Kendrick Street 4/26/2013 $7,500 0.1 Colonial 2,342 0.36 4 3-
- 8 Huntington Street 11/15/2021 $0 0.1 Colonial 1,936 0.18 4 3-1
- 1 Gloucester Street 8/7/1990 $43,000 0.1 Colonial 2,016 0.22 3 2-1
- 3 Gloucester Street 10/5/2016 $0 0.1 Cape Cod 948 0.18 2 1-
- 1 Longwood Drive 6/11/2013 $1,175,000 0.1 Cape Cod 1,999 2.75 2 2-
- 2 Kendrick Street 2/6/2015 $0 0.1 Cape Cod 1,080 0.49 2 1-1
- 5 Gloucester Street 6/22/2018 $0 0.1 Colonial 2,668 0.18 3 2-1
- 15 Kendrick Street 8/23/2004 $842,000 0.1 Colonial 1,808 0.18 3 3-
- 17 Kendrick Street 9/2/1992 $35,125 0.1 Colonial 1,890 0.18 3 2-
- 7 Gloucester Street 7/23/2009 $0 0.1 Colonial 1,248 0.18 3 2-
- 9 Kendrick Street 6/12/2019 $0 0.1 Colonial 3,222 2.12 3 3-1
- 2 Gloucester Street 3/11/2013 $400,000 0.1 Colonial 1,375 1.16 2 1-1
- 20 Cornwall Street 5/21/2010 $0 0.1 Colonial 1,628 0.18 3 2-1
- 3 Green Hollow Road 7/15/2020 $1,495,000 0.1 Colonial 1,920 2.75 4 3-
- 3 Kendrick Street 1/31/1985 $45,000 0.1 Cape Cod 1,568 0.55 3 2-
Averages 5537 days $243,986 0.07 --- 1,308 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
7132 255 5 Ipswich Street