1 Derry Lane, Nantucket, MA 02554

Owner Information
Owner 1
Idaruth McDermott
Owner 2
Owner's Address
48 Maple Drive Roosevelt, NY 11575-1915
Market Sale Information
Most recent sale date
11/30/1998
Previous sale date
10/21/1994
Transfer document #
C0018-0686
Previous transfer document
C0016-0510
Grantor
Idaruth M McDermott
Previous grantor
Bruce McDermott
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
41-105
Lot Size
0.34
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
2
Year Built
1963
Number of full baths
2
Condition
Number of half baths
Finished Area
1437
Number of Kitchen
1
Gross Living Area
3044
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
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
2025
Land Value
$1,576,100.00
Total value
$2,374,700.00
Building value
$798,600.00
Estimated tax
$7,789.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
3 Madaket Road1 Derry Lane16 Federal Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 1 Derry Lane A) 3 Madaket RoadB) 16 Federal Street
Photo
Plan
Map
Proximity 0.60.7
Last Sold 12/3/20242/4/2025
Price $2,000,000$5,100,000
Net Living Area 1,2421,547
Stories 11.5
Sale Price/sft $0.00$1610.31$3296.70
Style RanchAntiqueConventional
Age 196318841900
Rooms
Bedrooms 233
Full baths 212
Half baths 21
Gross Living Area 304420941754
Heating Fuel Hot WaterHot WaterForced Air-Duc
Detached Garage
Lot Size 0.340.110.06
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $798,600.00$540,600$1,165,200
AEM Value - Land $1,576,100.00$734,200$1,655,700
AEM Value - Other $0.00$0$0
AEM Value - Total $2,374,700.00$1,274,800$2,820,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Derry Lane 11/30/1998 $0 0 Ranch 1,437 0.34 2 2- -
  Criteria
A 3 Madaket Road 12/3/2024 $2,000,000 0.6 Antique 1,242 0.11 3 1-2
B 16 Federal Street 2/4/2025 $5,100,000 0.7 Conventional 1,547 0.06 3 2-1
Averages 116 days $3,550,000 0.64 --- 1,395 0.08 --- ---  

Estimation of Market Value - $3,887,398

As of today, 04/29/2025, the estimated market value of 1 Derry Lane, Nantucket considering the above 2 comparable properties is $3,887,398.

 

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
Subject Property22 Derrymore Road15 Derrymore Road2 Delaney Road25 Derrymore Road12 Delaney Road23 Derrymore Road28 Derrymore Road1 Derry Lane8 Derry Lane10 Derry Lane20 Derrymore Road7 Paul Jones Road19 Derrymore Road17 Derrymore Road8 Delaney Road17 Delaney Road72-R Cliff Road21 Derrymore Road78 Cliff Road76 Cliff Road80 Cliff Road4 Delaney Road10 Delaney Road68 Cliff Road31 Derrymore Road92 Cliff Road38 Derrymore Road$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000$8,000,000$9,000,000$10,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Derry Lane 11/30/1998 $0 0 Ranch 1,437 0.34 2 2- -
  Criteria
A 28 Derrymore Road 12/11/2013 $370,000 0.0 Ranch 1,290 0.37 3 2-
B 25 Derrymore Road 8/16/2022 $0 0.0 Cape Cod 1,845 0.23 5 2-
C 22 Derrymore Road $0 0.0 Vacant Land 0.13 -
D 23 Derrymore Road 10/19/2017 $0 0.0 Cape Cod 1,594 0.37 3 2-
E 21 Derrymore Road 12/26/2007 $0 0.0 Colonial 3,471 0.21 4 4-1
F 8 Derry Lane $0 0.0 Ranch 1,751 0.93 3 1-
G 29 Derrymore Road 1/29/2015 $0 0.0 Ranch 1,460 0.16 3 2-
H 6 Derry Lane 10/27/2021 $0 0.0 Ranch 2,660 0.94 5 2-
I 19 Derrymore Road 9/30/2021 $2,862,500 0.0 Colonial 2,248 0.16 4 4-
J 20 Derrymore Road 5/31/2005 $1,350,000 0.1 Cape Cod 3,318 0.2 5 3-
K 36 Derrymore Road 2/4/2022 $0 0.1 Cape Cod 2,686 0.35 4 2-1
L 12 Delaney Road 8/16/2022 $0 0.1 Ranch 1,720 0.31 4 2-
M 7 Paul Jones Road 11/13/2019 $0 0.1 Colonial 2,450 0.16 4 3-
N 10 Derry Lane 6/22/1995 $0 0.1 Cape Cod 1,824 1.02 4 2-1
O 17 Derrymore Road 11/2/2005 $0 0.1 Colonial 3,600 0.19 6 4-1
P 2 Derry Lane 9/14/2021 $0 0.1 Cape Cod 3,677 1.49 5 3-1
Q 10 Delaney Road 9/14/2020 $4,700,000 0.1 Colonial 4,217 0.23 5 4-1
R 34 Derrymore Road 1/13/2023 $2,500,000 0.1 Ranch 2,233 0.17 4 4-1
S 8 Delaney Road 11/13/2018 $2,440,000 0.1 Colonial 3,850 0.11 7 6-
T 15 Derrymore Road 11/13/2003 $0 0.1 Ranch 836 0.14 2 1-
U 31 Derrymore Road 7/1/2019 $5,295,000 0.1 Custom Built 4,470 0.29 6 5-1
V 18 Derrymore Road 2/23/2011 $1,350,000 0.1 Colonial 3,330 0.15 3 3-
W 38 Derrymore Road 8/14/2020 $3,800,000 0.1 Custom Built 5,486 0.46 6 6-2
X 4 Delaney Road 6/13/2022 $5,150,000 0.1 Custom Built 4,086 0.14 5 5-1
Y 92 Cliff Road 1/23/2017 $4,505,150 0.1 Custom Built 8,016 0.88 4 5-1
Z 3 Pilgrim Road 1/29/2016 $0 0.1 Vacant Land 3.79 -
- 16 Derrymore Road 3/13/2024 $2,950,000 0.1 Antique 1,110 0.17 3 2-
- 2 Delaney Road 9/7/2007 $0 0.1 Ranch 864 0.14 2 1-
- 68 Cliff Road 6/9/2017 $5,590,000 0.1 Custom Built 3,955 0.24 5 5-1
- 72-R Cliff Road 8/2/2016 $0 0.1 Cape Cod 4,498 0.3 5 5-1
- 14 Derrymore Road 6/7/2013 $1,245,000 0.1 Colonial 2,106 0.13 4 3-
- 76 Cliff Road 12/21/1994 $625,000 0.1 Colonial 3,418 0.54 4 3-1
- 7 Delaney Road 5/9/2011 $840,000 0.1 Ranch 2,210 0.22 3 3-
- 5 Delaney Road 7/11/2013 $0 0.1 Cape Cod 1,680 0.21 3 3-
- 80 Cliff Road 3/4/2020 $3,475,000 0.1 Colonial 4,347 0.2 4 5-1
- 9 Delaney Road 8/15/2019 $2,200,000 0.1 Ranch 1,430 0.27 3 1-
- 3 Delaney Road 1/11/2018 $1,850,000 0.1 Ranch 1,125 0.19 3 1-1
- 4 Brooks Farm Road 7/31/2015 $0 0.1 Colonial 4,329 0.5 4 3-1
- 78 Cliff Road 1/18/2013 $0 0.1 Ranch 1,696 0.51 5 3-
- 12 Derrymore Road 12/18/2020 $2,000,000 0.1 Bungalow 828 0.22 2 1-1
- 13 Derrymore Road 11/5/2018 $2,825,000 0.1 Colonial 3,045 0.11 5 5-1
- 17 Delaney Road 5/28/2015 $1,000,000 0.1 Colonial 3,688 0.17 4 4-1
- 3 Brooks Farm Road 7/22/1999 $405,000 0.1 Colonial 4,629 0.49 5 6-1
- 5 Kings Way 5/12/2021 $0 0.1 Ranch 1,161 0.12 2 1-
- 3 Kings Way 2/18/2015 $2,000,000 0.1 Ranch 1,663 0.34 2 2-
- 31 Pilgrim Road 11/8/2019 $0 0.1 Custom Built 6,184 0.43 7 6-1
Averages 3572 days $1,333,210 0.08 --- 2,741 0.41 --- ---  
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
41 105 1 Derry Lane