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
2024
Land Value
$1,576,100.00
Total value
$2,240,300.00
Building value
$664,200.00
Estimated tax
$7,012.00
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 1 Derry Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1963 Rooms Bedrooms 2 Full baths 2 Half baths Gross Living Area 3044 Heating Fuel Hot Water Detached Garage Lot Size 0.34 Roof Cover Asph/F Gls/Cmp AEM Value - Building $664,200.00 AEM Value - Land $1,576,100.00 AEM Value - Other $0.00 AEM Value - Total $2,240,300.00
A) 16 Derrymore Road 0.1 3/13/2024 $2,950,000 1,110 1.75 $2657.66 Antique 1890 3 2 2385 Radiant 0.17 Asph/F Gls/Cmp $899,400 $1,543,800 $0 $2,443,200
B) 12 Pilgrim Road 0.2 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
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) 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
E) 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
F) 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
@ 1 Derry Lane 11/30/1998 $0 0 Ranch 1,437 0.34 2 2- -
  Criteria
A 16 Derrymore Road 3/13/2024 $2,950,000 0.1 Antique 1,110 0.17 3 2-
B 12 Pilgrim Road 5/7/2024 $2,825,000 0.2 Ranch 1,365 0.17 3 1-
C 33 West Chester Street 6/26/2024 $2,825,000 0.3 Bungalow 1,577 0.14 3 2-
D 149 Main Street 5/17/2024 $4,225,000 0.6 Conventional 1,698 0.14 3 1-1
E 23 Walsh Street 2/2/2024 $4,937,500 0.7 Colonial 1,774 0.12 4 4-1
F 38 Pine Street 1/31/2024 $2,225,000 1.0 Antique 1,707 0.07 3 1-1
Averages 89 days $3,331,250 0.47 --- 1,539 0.14 --- ---  

Estimation of Market Value - $3,030,172

As of today, 07/04/2024, the estimated market value of 1 Derry Lane, Nantucket considering the above 6 comparable properties is $3,030,172.

 

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
@ 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 3273 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