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
2024
Land Value
$1,538,100.00
Total value
$4,778,900.00
Building value
$3,240,800.00
Estimated tax
$14,957.00
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 10 Gingy Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $161.15 Style Colonial Age 2012 Rooms Bedrooms 5 Full baths 5 Half baths 1 Gross Living Area 6296 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.14 Roof Cover Wood Shingle AEM Value - Building $3,240,800.00 AEM Value - Land $1,538,100.00 AEM Value - Other $0.00 AEM Value - Total $4,778,900.00
A) 3 Sherburne Way 0.4 5/30/2024 $8,000,000 4,626 1 $1729.36 Ranch 1960 5 4 6685 Hot Water 2.39 Wood Shingle $2,964,300 $22,912,800 $0 $25,877,100
# 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 3 Sherburne Way 5/30/2024 $8,000,000 0.4 Ranch 4,626 2.39 5 4-
Averages 33 days $8,000,000 0.44 --- 4,626 2.39 --- ---  

Estimation of Market Value - $4,762,918

As of today, 07/01/2024, the estimated market value of 10 Gingy Lane, Nantucket considering the above 1 comparable properties is $4,762,918.

 

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
@ 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 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
41 843 10 Gingy Lane