NOT LISTED FOR SALE

29 Ridge Ln Nantucket, MA 02554

Estimated Value: $2,944,000 - $3,528,000

0.24 Acre
$13,344,431 Price per Acre
10,454 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $640,000

Est. 400% increase in value since last sale

Current estimated payment $17,380/month

17 Days on Market

About This Lot

As of November 2017

29 Ridge Lane is one of the few remaining vacant lots in Fishers Landing. The new owners will have access to tennis courts, basketball court, green space, walking paths and boat storage. The property abuts conservation land to the north over the Linda Loring Trust property with a footpath to 40th pole and conservation land to the east. The allowable ground cover is 50% providing potential for large home, guest house and garage.

Last Agent to Sell the Property

Kathy Gallaher

Maury People Sotheby's International Realty Listed on: 09/30/2017

Last Buyer's Agent

Susan Shepherd

Shepherd Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,127

Lot Details

  • 10,454 Sq Ft Lot
  • Property is zoned LUG2

Additional Features

  • Pasture Views
  • Septic Tank

Community Details

  • Association fees include community tennis courts and boat storage

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 72

Property Details

Property Type

Land

Est. Annual Taxes

$2,127

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 0.2399
  • Special Features: None

Interior Features

  • Possible Use: 15400 B

Exterior Features

  • Lot Features: Fisher's Landing Deed Restrictions, document 133540 and 19247. There is a total number of 3 bedrooms permitted on the lot and the buyer will install an alternative septic system. Town water available in the road if buyer would like to hook in.
  • Pool Private: No
  • View: None, Pasture

Utilities

  • Sewer: Septic Tank
  • Water Source: Town

Condo/Co-op/Association

  • Association Fee: 850

Fee Information

  • Association Fee Includes: Community Tennis Courts and Boat Storage

Lot Info

  • Lot Size Sq Ft: 10454
  • Parcel #: 72
  • Zoning: LUG2

Tax Info

  • Tax Annual Amount: 2127
  • Tax Lot: 48
  • Tax Map Number: 38
  • Tax Other Annual Assessment Amount: 627500
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2017
Closed on
Nov 17, 2017
Sold by
29 Ridge Lane Rt
Bought by
Hicks Zachary A and Enriquez Maria E
Seller's Agent
Kathy Gallaher
Maury People Sotheby's International Realty
Buyer's Agent
Susan Shepherd
Shepherd Real Estate
List Price
$695,000
Sold Price
$640,000
Premium/Discount to List
-$55,000
-7.91%
Current Estimated Value
$3,201,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,561,329
Avg. Annual Appreciation
22.48%

Purchase Details

Listed on
Sep 30, 2017
Closed on
Nov 16, 2017
Sold by
Holmes Dwight T
Bought by
29 Ridge Lane Rt
Seller's Agent
Kathy Gallaher
Maury People Sotheby's International Realty
Buyer's Agent
Susan Shepherd
Shepherd Real Estate
List Price
$695,000
Sold Price
$640,000
Premium/Discount to List
-$55,000
-7.91%

Purchase Details

Closed on
Feb 18, 2009
Sold by
Holmes Lee
Bought by
Holmes Dwight T and Holmes Lee
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hicks Zachary A $640,000 --
29 Ridge Lane Rt -- --
Holmes Dwight T -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $640,000 -7.9% --
10/18/2017 10/18/17 Pending -- -- --
09/30/2017 09/30/17 For Sale $695,000 -- --
Source: LINK

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,092 $2,162,300 $895,100 $1,267,200
2023 $5,243 $1,633,400 $706,400 $927,000
2022 $4,199 $1,122,800 $537,900 $584,900
2021 $1,842 $507,500 $507,500 $0
2020 $2,101 $609,000 $609,000 $0
2019 $2,387 $710,500 $710,500 $0
2018 $1,954 $553,600 $553,600 $0
2017 $1,939 $572,100 $572,100 $0
2016 $2,108 $627,500 $627,500 $0
2015 $1,629 $451,300 $451,300 $0
2014 $1,697 $451,300 $451,300 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kathy Gallaher

    Maury People Sotheby's International Realty

    (508) 560-0078

    52 in this area

    52 Total Sales

    Kathy Gallaher
    Section Image

  • S

    Buyer's Agent in 2017

    Susan Shepherd

    Shepherd Real Estate

    (508) 221-1433

    22 in this area

    22 Total Sales

    Susan Shepherd
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 83754

APN: NANT-000-038-000-000-0000-72-000-000

Massachusetts Nantucket County Nantucket 02554

29 Ridge Ln, Nantucket, MA

This home is located at 29 Ridge Ln, Nantucket, MA 02554 since 30 September 2017 and is currently estimated at $3,201,329. 29 Ridge Ln is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes