8 Derry Lane, Nantucket, MA 02554

Owner Information
Owner 1
Charles J Gardner
Owner 2
Owner's Address
Box 577 Nantucket, MA 02554
Market Sale Information
Most recent sale date
Previous sale date
Transfer document #
C0005-0529
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$0.00
Previous sale price
N/A
Site Information
Property ID
41-100
Lot Size
0.93
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1969
Number of full baths
1
Condition
Number of half baths
Finished Area
1751
Number of Kitchen
1
Gross Living Area
2978
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
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,688,200.00
Total value
$2,385,400.00
Building value
$697,200.00
Estimated tax
$7,466.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 8 Derry Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1969 Rooms Bedrooms 3 Full baths 1 Half baths Gross Living Area 2978 Heating Fuel Hot Water Detached Garage Lot Size 0.93 Roof Cover Asph/F Gls/Cmp AEM Value - Building $697,200.00 AEM Value - Land $1,688,200.00 AEM Value - Other $0.00 AEM Value - Total $2,385,400.00
A) 12 Pilgrim Road 0.1 5/7/2024 $2,825,000 1,365 1 $2069.60 Ranch 1970 3 1 2450 Forced Air-Duc 0.17 Asph/F Gls/Cmp $357,700 $1,873,800 $0 $2,231,500
B) 45 West Chester Street 0.3 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
C) 33 West Chester Street 0.3 6/26/2024 $2,825,000 1,577 1 $1791.38 Bungalow 1940 3 2 3089 Forced Air-Duc 0.14 Asph/F Gls/Cmp $599,600 $1,384,815 $0 $1,984,415
D) 56 Walsh Street 0.6 2/15/2024 $5,000,000 2,028 1.75 $2465.48 Cape Cod 1930 5 3 1 3275 Electr Basebrd 0.11 Wood Shingle $1,129,500 $2,656,800 $0 $3,786,300
E) 149 Main Street 0.6 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
F) 40 Walsh Street 0.7 1/4/2024 $2,900,000 1,816 2 $1596.92 Colonial 1947 5 2 2720 Electr Basebrd 0.07 Asph/F Gls/Cmp $736,400 $1,746,400 $0 $2,482,800
G) 108 Main Street 0.7 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
H) 23 Walsh Street 0.7 2/2/2024 $4,937,500 1,774 1.75 $2783.26 Colonial 2013 4 4 1 2172 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,641,100 $2,220,700 $0 $3,861,800
I) 38 Pine Street 1.0 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Derry Lane $0 0 Ranch 1,751 0.93 3 1- -
  Criteria
A 12 Pilgrim Road 5/7/2024 $2,825,000 0.1 Ranch 1,365 0.17 3 1-
B 45 West Chester Street 4/17/2024 $3,200,000 0.3 Conventional 1,972 0.14 4 3-
C 33 West Chester Street 6/26/2024 $2,825,000 0.3 Bungalow 1,577 0.14 3 2-
D 56 Walsh Street 2/15/2024 $5,000,000 0.6 Cape Cod 2,028 0.11 5 3-1
E 149 Main Street 5/17/2024 $4,225,000 0.6 Conventional 1,698 0.14 3 1-1
F 40 Walsh Street 1/4/2024 $2,900,000 0.7 Colonial 1,816 0.07 5 2-
G 108 Main Street 3/19/2024 $4,500,000 0.7 Antique 2,005 0.17 6 4-1
H 23 Walsh Street 2/2/2024 $4,937,500 0.7 Colonial 1,774 0.12 4 4-1
I 38 Pine Street 1/31/2024 $2,225,000 1.0 Antique 1,707 0.07 3 1-1
Averages 103 days $3,626,389 0.55 --- 1,771 0.13 --- ---  

Estimation of Market Value - $3,297,796

As of today, 07/04/2024, the estimated market value of 8 Derry Lane, Nantucket considering the above 9 comparable properties is $3,297,796.

 

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
  • 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
@ 8 Derry Lane $0 0 Ranch 1,751 0.93 3 1- -
  Criteria
A 10 Derry Lane 6/22/1995 $0 0.0 Cape Cod 1,824 1.02 4 2-1
B 6 Derry Lane 10/27/2021 $0 0.0 Ranch 2,660 0.94 5 2-
C 3 Pilgrim Road 1/29/2016 $0 0.0 Vacant Land 3.79 -
D 1 Derry Lane 11/30/1998 $0 0.0 Ranch 1,437 0.34 2 2-
E 28 Derrymore Road 12/11/2013 $370,000 0.0 Ranch 1,290 0.37 3 2-
F 22 Derrymore Road $0 0.1 Vacant Land 0.13 -
G 34 Derrymore Road 1/13/2023 $2,500,000 0.1 Ranch 2,233 0.17 4 4-1
H 36 Derrymore Road 2/4/2022 $0 0.1 Cape Cod 2,686 0.35 4 2-1
I 2 Derry Lane 9/14/2021 $0 0.1 Cape Cod 3,677 1.49 5 3-1
J 25 Derrymore Road 8/16/2022 $0 0.1 Cape Cod 1,845 0.23 5 2-
K 29 Derrymore Road 1/29/2015 $0 0.1 Ranch 1,460 0.16 3 2-
L 23 Derrymore Road 10/19/2017 $0 0.1 Cape Cod 1,594 0.37 3 2-
M 20 Derrymore Road 5/31/2005 $1,350,000 0.1 Cape Cod 3,318 0.2 5 3-
N 21 Derrymore Road 12/26/2007 $0 0.1 Colonial 3,471 0.21 4 4-1
O 38 Derrymore Road 8/14/2020 $3,800,000 0.1 Custom Built 5,486 0.46 6 6-2
P 19 Derrymore Road 9/30/2021 $2,862,500 0.1 Colonial 2,248 0.16 4 4-
Q 31 Pilgrim Road 11/8/2019 $0 0.1 Custom Built 6,184 0.43 7 6-1
R 5 Kings Way 5/12/2021 $0 0.1 Ranch 1,161 0.12 2 1-
S 80 Cliff Road 3/4/2020 $3,475,000 0.1 Colonial 4,347 0.2 4 5-1
T 31 Derrymore Road 7/1/2019 $5,295,000 0.1 Custom Built 4,470 0.29 6 5-1
U 7 Paul Jones Road 11/13/2019 $0 0.1 Colonial 2,450 0.16 4 3-
V 17 Derrymore Road 11/2/2005 $0 0.1 Colonial 3,600 0.19 6 4-1
W 18 Derrymore Road 2/23/2011 $1,350,000 0.1 Colonial 3,330 0.15 3 3-
X 3 Kings Way 2/18/2015 $2,000,000 0.1 Ranch 1,663 0.34 2 2-
Y 25 Pilgrim Road 9/15/2022 $14,500,000 0.1 Custom Built 6,370 0.49 7 7-1
Z 12 Delaney Road 8/16/2022 $0 0.1 Ranch 1,720 0.31 4 2-
- 15 Derrymore Road 11/13/2003 $0 0.1 Ranch 836 0.14 2 1-
- 4 Sophies Way 9/15/2022 $4,000,000 0.1 Vacant Land 0.29 -
- 7 Pilgrim Road 1/8/2020 $2,300,000 0.1 Custom Built 6,196 0.4 6 6-2
- 4 Brooks Farm Road 7/31/2015 $0 0.1 Colonial 4,329 0.5 4 3-1
- 35 Pilgrim Road 3/10/2000 $0 0.1 Custom Built 2,634 0.25 5 4-1
- 10 Delaney Road 9/14/2020 $4,700,000 0.1 Colonial 4,217 0.23 5 4-1
- 78 Cliff Road 1/18/2013 $0 0.1 Ranch 1,696 0.51 5 3-
- 16 Derrymore Road 3/13/2024 $2,950,000 0.1 Antique 1,110 0.17 3 2-
- 8 Delaney Road 11/13/2018 $2,440,000 0.1 Colonial 3,850 0.11 7 6-
- 76 Cliff Road 12/21/1994 $625,000 0.1 Colonial 3,418 0.54 4 3-1
- 4 Delaney Road 6/13/2022 $5,150,000 0.1 Custom Built 4,086 0.14 5 5-1
- 11 Pilgrim Road 1/28/2000 $550,000 0.1 Cape Cod 3,132 0.73 5 4-1
- 92 Cliff Road 1/23/2017 $4,505,150 0.1 Custom Built 8,016 0.88 4 5-1
- 72-R Cliff Road 8/2/2016 $0 0.1 Cape Cod 4,498 0.3 5 5-1
- 37 Pilgrim Road 5/11/2022 $0 0.1 Colonial 1,610 0.28 3 2-
- 1 Kings Way 9/29/2009 $2,275,000 0.1 Colonial 4,107 0.31 4 3-1
- 2 Delaney Road 9/7/2007 $0 0.1 Ranch 864 0.14 2 1-
- 14 Derrymore Road 6/7/2013 $1,245,000 0.1 Colonial 2,106 0.13 4 3-
- 1 Pilgrim Road 1/11/2006 $0 0.1 Warehouse 2,016 0.48 0 1-
- 30 Pilgrim Road 11/1/2012 $1,641,500 0.1 Cape Cod 2,737 0.46 4 4-
- 3 Brooks Farm Road 7/22/1999 $405,000 0.1 Colonial 4,629 0.49 5 6-1
Averages 3675 days $1,495,514 0.09 --- 2,907 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
41 100 8 Derry Lane