4 Gingy Lane, Nantucket, MA 02554

Owner Information
Owner 1
4 Gingy Lane LLC
Owner 2
Owner's Address
20 Beach Dr Darien, CT 06820
Market Sale Information
Most recent sale date
5/20/2022
Previous sale date
05/02/2012
Transfer document #
1896-83
Previous transfer document
01325-0228
Grantor
Richard J Glidden
Previous grantor
Philip J Minella
Most recent sale price
$1,500,000.00
Previous sale price
$500,000.00
Site Information
Property ID
41-841
Lot Size
0.12
Use Code
130 - Land, developable
Zoning
R1
Building Style
Vacant Land
Number of Rooms
Stories
Number of Beds
Year Built
Number of full baths
Condition
Number of half baths
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Heating type
Roof Cover
Heating fuel
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$1,534,300.00
Total value
$1,602,800.00
Building value
$68,500.00
Estimated tax
$5,016.00
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 4 Gingy Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Vacant Land Age Rooms Bedrooms Full baths Half baths Gross Living Area Heating Fuel Detached Garage Lot Size 0.12 Roof Cover AEM Value - Building $68,500.00 AEM Value - Land $1,534,300.00 AEM Value - Other $0.00 AEM Value - Total $1,602,800.00
A) 158 Cliff Road 0.8 2/16/2024 $376,561 - Vacant Land 0.88 $0 $2,426,300 $0 $2,426,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 4 Gingy Lane 5/20/2022 $1,500,000 0 Vacant Land 0.12 - -
  Criteria
A 158 Cliff Road 2/16/2024 $376,561 0.8 Vacant Land 0.88 -
Averages 137 days $376,561 0.81 --- 0.88 --- ---  

Estimation of Market Value - $248,754

As of today, 07/01/2024, the estimated market value of 4 Gingy Lane, Nantucket considering the above 1 comparable properties is $248,754.

 

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
@ 4 Gingy Lane 5/20/2022 $1,500,000 0 Vacant Land 0.12 - -
  Criteria
A 70 North Liberty Street 11/5/2008 $0 0.0 Bungalow 1,895 0.64 2 2-
B 74 North Liberty Street 10/28/2013 $0 0.0 Conventional 1,863 0.11 4 2-1
C 4 Derrymore Road 8/19/2019 $1,999,000 0.0 Colonial 1,536 0.09 3 2-1
D 6 Derrymore Road 1/14/2020 $0 0.0 Bungalow 2,412 0.09 3 1-1
E 2 Derrymore Road 9/16/2003 $0 0.0 Colonial 1,302 0.1 3 2-
F 8 Derrymore Road 12/16/2021 $0 0.0 Colonial 3,086 0.09 4 1-1
G 67 North Liberty Street 6/28/2022 $0 0.0 Bungalow 1,495 0.13 3 2-
H 64 North Liberty Street 1/30/2006 $0 0.0 Vacant Land 0.13 -
I 65 North Liberty Street 9/5/2012 $1,080,000 0.0 Ranch 2,009 0.12 2 2-
J 69 North Liberty Street 11/19/2018 $2,050,000 0.0 Bungalow 2,411 0.12 4 3-
K 3 Derrymore Road $0 0.0 Cape Cod 1,200 0.27 2 1-
L 1 Derrymore Road 12/7/2012 $995,000 0.0 Colonial 3,508 0.22 5 5-1
M 62 North Liberty Street 12/28/2012 $0 0.0 Bungalow 1,503 0.22 4 2-
N 10 Derrymore Road 6/26/2015 $905,000 0.0 Ranch 960 0.09 2 2-
O 61 North Liberty Street 1/22/1993 $0 0.0 Cape Cod 2,367 0.21 3 2-
P 5 Derrymore Road 2/25/2002 $0 0.0 Ranch 1,279 0.34 3 1-
Q 3 Gifford Street 9/4/1996 $260,000 0.1 Colonial 1,861 0.08 3 3-1
R 73 North Liberty Street 11/3/2003 $0 0.1 Antique 2,680 0.17 4 2-
S 76 North Liberty Street 4/10/2020 $3,300,000 0.1 Custom Built 2,687 0.44 4 3-1
T 71 North Liberty Street 11/21/1989 $1 0.1 Colonial 1,049 0.23 1 1-1
U 63 North Liberty Street 10/16/2007 $0 0.1 Custom Built 3,462 0.19 5 4-1
V 57 North Liberty Street 9/19/1997 $350,000 0.1 Cape Cod 1,527 0.1 2 2-1
W 4 Gifford Street 5/8/2000 $0 0.1 Ranch 1,295 0.24 3 3-
X 60 North Liberty Street 5/15/1995 $561,200 0.1 Colonial 3,530 0.29 4 4-1
Y 58 North Liberty Street 5/1/2018 $1,500,000 0.1 Colonial 2,466 0.12 3 2-
Z 75 North Liberty Street 1/12/2018 $0 0.1 Cape Cod 1,898 0.21 3 3-
- 4 Piccadilly Road 10/20/2015 $2,600,000 0.1 Colonial 2,923 0.16 4 3-1
- 13 Derrymore Road 11/5/2018 $2,825,000 0.1 Colonial 3,045 0.11 5 5-1
- 78 North Liberty Street 9/3/2008 $2,580,000 0.1 Cape Cod 2,781 0.43 4 4-
- 56 North Liberty Street 10/17/1990 $180,000 0.1 Family Conver. 1,653 0.15 3 2-
- 80 North Liberty Street 9/14/2009 $1,495,000 0.1 Conventional 2,440 0.31 4 3-
- 55 North Liberty Street 10/4/2007 $0 0.1 Bungalow 1,011 0.19 2 1-
- 12 Derrymore Road 12/18/2020 $2,000,000 0.1 Bungalow 828 0.22 2 1-1
- 47 West Chester Street 6/23/2010 $900,000 0.1 Cape Cod 1,680 1.17 4 2-1
- 77 North Liberty Street 11/20/2001 $0 0.1 Colonial 3,046 0.2 4 3-1
- 3 Delaney Road 1/11/2018 $1,850,000 0.1 Ranch 1,125 0.19 3 1-1
- 53 North Liberty Street 9/20/2013 $1,050,000 0.1 Colonial 1,516 0.16 4 2-
- 50 North Liberty Street 11/1/2013 $1,750,000 0.1 Conventional 2,350 0.22 4 3-
- 6 Sunset Hill Lane 7/6/1994 $150,000 0.1 Conventional 1,545 0.09 4 2-
- 82 North Liberty Street 9/14/2009 $6,600,000 0.1 Vacant Land 0.36 -
- 79 North Liberty Street 4/3/1992 $260,000 0.1 Colonial 3,018 0.21 5 4-
- 5 Delaney Road 7/11/2013 $0 0.1 Cape Cod 1,680 0.21 3 3-
- 14 Derrymore Road 6/7/2013 $1,245,000 0.1 Colonial 2,106 0.13 4 3-
- 2 Delaney Road 9/7/2007 $0 0.1 Ranch 864 0.14 2 1-
- 51 North Liberty Street 6/13/2016 $0 0.1 Colonial 1,788 0.14 6 3-
- 43 West Chester Street 9/26/2002 $0 0.1 Ranch 1,150 0.62 4 2-
- 47-A West Chester Street 10/22/2021 $3,700,000 0.1 Colonial 2,896 1.22 5 4-1
- 4 Delaney Road 6/13/2022 $5,150,000 0.1 Custom Built 4,086 0.14 5 5-1
- 10 Sunset Hill Lane 10/14/2020 $3,500,000 0.1 Antique 2,412 0.28 4 3-1
- 2 Sunset Hill Lane 2/11/1987 $0 0.1 Bungalow 756 0.04 2 1-
- 84 North Liberty Street 9/14/2009 $6,600,000 0.1 Colonial 6,780 0.4 5 6-3
- 4 Sunset Hill Lane 11/7/2023 $2,300,000 0.1 Conventional 1,882 0.07 3 2-
- 7 Delaney Road 5/9/2011 $840,000 0.1 Ranch 2,210 0.22 3 3-
- 55 West Chester Street 5/1/2019 $3,400,000 0.1 Custom Built 4,151 0.29 5 4-1
- 48 North Liberty Street 5/6/2021 $0 0.1 Colonial 1,912 0.12 3 2-1
- 45 West Chester Street 4/17/2024 $3,200,000 0.1 Conventional 1,972 0.14 4 3-
- 16 Derrymore Road 3/13/2024 $2,950,000 0.1 Antique 1,110 0.17 3 2-
- 83 North Liberty Street $0 0.1 Conventional 2,329 0.34 3 2-
- 49-A West Chester Street 4/22/2014 $0 0.1 Bungalow 880 0.1 1 1-
- 86 North Liberty Street 10/25/2010 $0 0.1 Colonial 2,160 0.12 3 2-1
- 15 Derrymore Road 11/13/2003 $0 0.1 Ranch 836 0.14 2 1-
- 8 Delaney Road 11/13/2018 $2,440,000 0.1 Colonial 3,850 0.11 7 6-
- 41 West Chester Street 6/28/1989 $0 0.1 Antique 2,539 0.12 2 3-
- 51 West Chester Street 11/1/2010 $1,412,500 0.1 Colonial 1,176 0.12 2 2-1
- 48 Cliff Road $0 0.1 Vacant Land 8.18 -
- 17 Derrymore Road 11/2/2005 $0 0.1 Colonial 3,600 0.19 6 4-1
- 37 West Chester Street 10/1/2021 $2,432,625 0.1 Ranch 1,885 0.16 3 3-1
- 9 Delaney Road 8/15/2019 $2,200,000 0.1 Ranch 1,430 0.27 3 1-
- 3 Brooks Farm Road 7/22/1999 $405,000 0.1 Colonial 4,629 0.49 5 6-1
- 50 Cliff Road $355,000 0.1 Aptovrret/Off 2,351 0.95 3 3-
- 1 Brooks Farm Road 8/1/2016 $5,300,000 0.1 Colonial 4,331 0.39 5 5-3
- 35 West Chester Street 7/14/2015 $0 0.1 Colonial 1,920 0.19 3 2-
- 18 Derrymore Road 2/23/2011 $1,350,000 0.1 Colonial 3,330 0.15 3 3-
- 85 North Liberty Street 9/8/2017 $1,775,000 0.1 Antique 1,969 0.11 2 1-1
- 62-R Cliff Road 8/17/2004 $4,000,000 0.1 Colonial 4,368 0.69 5 4-1
- 57 West Chester Street 9/27/2018 $0 0.1 Colonial 3,184 0.26 3 3-1
Averages 4996 days $1,207,833 0.08 --- 2,168 0.35 --- ---  
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
41 841 4 Gingy Lane