10 Gingy Lane, Nantucket, MA 02554

Owner Information
Owner 1
Michael Gaito & Jane I
Owner 2
Gaito Family Trust
Owner's Address
31 Presidio Tr San Francisco, CA 94118
Market Sale Information
Most recent sale date
10/5/2012
Previous sale date
12/28/2011
Transfer document #
01347-0073
Previous transfer document
01307-0157
Grantor
Philip J Minella
Previous grantor
Philip J Minella
Most recent sale price
$750,000.00
Previous sale price
$0.00
Site Information
Property ID
41-843
Lot Size
0.14
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
5
Year Built
2012
Number of full baths
5
Condition
Number of half baths
1
Finished Area
4654
Number of Kitchen
Gross Living Area
6296
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$1,538,100.00
Total value
$4,825,400.00
Building value
$3,287,300.00
Estimated tax
$15,827.00
Yard improvement value
$0.00
Certified Mass Appraisal
20112012201320142015201620172018201920202021202220232024$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
15 Fair Street10 Gingy Lane10 Lincoln Avenue$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000$16,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 10 Gingy Lane A) 10 Lincoln AvenueB) 15 Fair Street
Photo
Plan
Map
Proximity 0.30.7
Last Sold 1/9/202510/16/2024
Price $5,550,000$4,450,000
Net Living Area 5,3183,582
Stories 2.752
Sale Price/sft $161.15$1043.63$1242.32
Style ColonialCustom BuiltAntique
Age 201219001830
Rooms
Bedrooms 555
Full baths 563
Half baths 12
Gross Living Area 629687757624
Heating Fuel Forced Air-DucForced Air-DucForced Air-Duc
Detached Garage
Lot Size 0.140.680.09
Roof Cover Wood ShingleAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $3,287,300.00$6,615,200$2,650,200
AEM Value - Land $1,538,100.00$6,925,800$1,939,300
AEM Value - Other $0.00$0$0
AEM Value - Total $4,825,400.00$13,541,000$4,589,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 10 Gingy Lane 10/5/2012 $750,000 0 Colonial 4,654 0.14 5 5-1 -
  Criteria
A 10 Lincoln Avenue 1/9/2025 $5,550,000 0.3 Custom Built 5,318 0.68 5 6-2
B 15 Fair Street 10/16/2024 $4,450,000 0.7 Antique 3,582 0.09 5 3-
Averages 130 days $5,000,000 0.48 --- 4,450 0.39 --- ---  

Estimation of Market Value - $3,945,348

As of today, 04/06/2025, the estimated market value of 10 Gingy Lane, Nantucket considering the above 2 comparable properties is $3,945,348.

 

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 Property82 North Liberty Street3 Derrymore Road15 Derrymore Road2 Delaney Road83 North Liberty Street69 North Liberty Street75 North Liberty Street71 North Liberty Street85 North Liberty Street3 Delaney Road7 Delaney Road5 Delaney Road9 Delaney Road5 Derrymore Road73 North Liberty Street78 North Liberty Street80 North Liberty Street17 Derrymore Road77 North Liberty Street8 Delaney Road13 Derrymore Road79 North Liberty Street1 Derrymore Road76 North Liberty Street10 Gingy Lane4 Delaney Road84 North Liberty Street$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$9,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 10 Gingy Lane 10/5/2012 $750,000 0 Colonial 4,654 0.14 5 5-1 -
  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 5274 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
41 843 10 Gingy Lane