61 West Chester Street, Nantucket, MA 02554

61 West Chester Street Nantucket MA 02554
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Owner Information
Owner 1
West Chester Street LLC
Owner 2
Owner's Address
3 Church St # 2 Winchester, MA 01890
Market Sale Information
Most recent sale date
12/3/2020
Previous sale date
01/09/2018
Transfer document #
1785-92
Previous transfer document
01628-0236
Grantor
61 West Chester LLC
Previous grantor
Chandler K Willett
Most recent sale price
$4,265,000.00
Previous sale price
$2,750,000.00
Site Information
Property ID
41-222-1
Lot Size
0.29
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Cape Cod
Number of Rooms
Stories
1.75
Number of Beds
3
Year Built
1994
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2980
Number of Kitchen
1
Gross Living Area
4644
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,566,600.00
Total value
$4,624,900.00
Building value
$3,058,300.00
Estimated tax
$14,475.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 61 West Chester Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,431.21 Style Cape Cod Age 1994 Rooms Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 4644 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.29 Roof Cover Asph/F Gls/Cmp AEM Value - Building $3,058,300.00 AEM Value - Land $1,566,600.00 AEM Value - Other $0.00 AEM Value - Total $4,624,900.00
A) 20 New Lane 0.2 1/17/2024 $4,350,000 2,247 1.75 $1935.91 Colonial 1998 4 3 1 4196 Forced Air-Duc 0.12 Wood Shingle $2,176,000 $1,018,300 $0 $3,194,300
B) 20 West Chester Street 0.3 6/17/2024 $6,995,000 3,287 2 $2128.08 Custom Built 2016 4 4 2 5325 Forced Air-Duc 0.28 Asph/F Gls/Cmp $4,768,600 $1,559,950 $0 $6,328,550
C) 1 Farmer Street 0.8 5/10/2024 $3,600,000 2,430 2 $1481.48 Antique 1850 3 3 1 3372 Hot Water 0.06 Asph/F Gls/Cmp $1,301,200 $1,122,500 $0 $2,423,700
D) 45 Fair Street 0.8 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 61 West Chester Street 12/3/2020 $4,265,000 0 Cape Cod 2,980 0.29 3 2-1 -
  Criteria
A 20 New Lane 1/17/2024 $4,350,000 0.2 Colonial 2,247 0.12 4 3-1
B 20 West Chester Street 6/17/2024 $6,995,000 0.3 Custom Built 3,287 0.28 4 4-2
C 1 Farmer Street 5/10/2024 $3,600,000 0.8 Antique 2,430 0.06 3 3-1
D 45 Fair Street 5/8/2024 $4,800,000 0.8 Custom Built 2,854 0.07 4 4-1
Averages 72 days $4,936,250 0.53 --- 2,705 0.13 --- ---  

Estimation of Market Value - $5,610,154

As of today, 07/01/2024, the estimated market value of 61 West Chester Street, Nantucket considering the above 4 comparable properties is $5,610,154.

 

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
Mailing Labels
  • 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
@ 61 West Chester Street 12/3/2020 $4,265,000 0 Cape Cod 2,980 0.29 3 2-1 -
  Criteria
A 59 West Chester Street 7/25/2018 $4,745,000 0.0 Custom Built 3,474 0.23 4 4-1
B 63 West Chester Street 4/14/2021 $4,730,000 0.0 Colonial 3,391 0.23 4 4-2
C 57 West Chester Street 9/27/2018 $0 0.0 Colonial 3,184 0.26 3 3-1
D 1 Brooks Farm Road 8/1/2016 $5,300,000 0.0 Colonial 4,331 0.39 5 5-3
E 2 Brooks Farm Road 5/16/2016 $5,225,000 0.0 Custom Built 3,996 0.24 5 5-1
F 55 West Chester Street 5/1/2019 $3,400,000 0.0 Custom Built 4,151 0.29 5 4-1
G 65 West Chester Street 8/16/2019 $6,225,000 0.0 Custom Built 4,439 0.36 5 5-2
H 60 West Chester Street 12/13/2007 $0 0.0 Cape Cod 1,765 0.5 4 2-
I 62 West Chester Street 11/18/2021 $4,025,000 0.0 Cape Cod 2,073 0.55 4 3-
J 58 West Chester Street 9/11/2017 $0 0.1 Colonial 1,954 0.47 4 3-
K 51 West Chester Street 11/1/2010 $1,412,500 0.1 Colonial 1,176 0.12 2 2-1
L 54 West Chester Street 9/27/2011 $750,000 0.1 Ranch 1,358 0.18 3 2-
M 64 West Chester Street 9/12/2014 $1,740,000 0.1 Colonial 2,120 0.55 3 2-
N 56 West Chester Street 6/30/2021 $0 0.1 Cape Cod 2,137 0.41 3 3-
O 47-A West Chester Street 10/22/2021 $3,700,000 0.1 Colonial 2,896 1.22 5 4-1
P 66 West Chester Street 9/20/2016 $1,040,000 0.1 Cape Cod 3,279 0.58 5 5-1
Q 3 Brooks Farm Road 7/22/1999 $405,000 0.1 Colonial 4,629 0.49 5 6-1
R 52 West Chester Street 11/8/2018 $1,999,000 0.1 Conventional 1,929 0.18 3 2-
S 49-A West Chester Street 4/22/2014 $0 0.1 Bungalow 880 0.1 1 1-
T 1 Pilgrim Road 1/11/2006 $0 0.1 Warehouse 2,016 0.48 0 1-
U 68 West Chester Street 10/11/2005 $1,720,000 0.1 Colonial 2,488 0.57 4 2-1
V 67 West Chester Street $0 0.1 Cape Cod 1,289 0.37 3 1-
W 4 Brooks Farm Road 7/31/2015 $0 0.1 Colonial 4,329 0.5 4 3-1
X 50 West Chester Street 10/2/2020 $2,995,000 0.1 Custom Built 2,964 0.17 4 3-1
Y 47 West Chester Street 6/23/2010 $900,000 0.1 Cape Cod 1,680 1.17 4 2-1
Z 3 Wyers Way 10/25/2018 $2,100,000 0.1 Ranch 1,260 0.17 2 1-
- 70 West Chester Street 10/11/2005 $1,720,000 0.1 Vacant Land 0.52 -
- 4 Pilgrim Road 6/20/2016 $1,600,000 0.1 Vacant Land 0.17 -
- 1 Wyers Way 12/30/2010 $0 0.1 Vacant Land 0.17 -
- 48 West Chester Street 3/19/2018 $0 0.1 Conventional 1,903 0.13 3 2-
- 32 New Lane 10/2/2003 $1,225,000 0.1 Colonial 1,920 0.22 3 2-
- 74 West Chester Street 8/9/2019 $2,680,000 0.1 Colonial 1,892 0.52 2 3-1
- 71 West Chester Street 10/31/2018 $2,500,000 0.1 Cape Cod 2,450 0.37 5 4-1
- 21 Grove Lane 9/8/2006 $50,000 0.1 Vacant Land 1.71 -
- 16 Derrymore Road 3/13/2024 $2,950,000 0.1 Antique 1,110 0.17 3 2-
- 30 New Lane 8/31/1994 $0 0.1 Cape Cod 1,988 0.27 4 3-
- 18 Derrymore Road 2/23/2011 $1,350,000 0.1 Colonial 3,330 0.15 3 3-
- 14 Derrymore Road 6/7/2013 $1,245,000 0.1 Colonial 2,106 0.13 4 3-
- 45 West Chester Street 4/17/2024 $3,200,000 0.1 Conventional 1,972 0.14 4 3-
- 12 Derrymore Road 12/18/2020 $2,000,000 0.1 Bungalow 828 0.22 2 1-1
- 60 North Liberty Street 5/15/1995 $561,200 0.1 Colonial 3,530 0.29 4 4-1
- 43 West Chester Street 9/26/2002 $0 0.1 Ranch 1,150 0.62 4 2-
- 76 West Chester Street 11/1/2021 $4,605,000 0.1 Colonial 3,138 0.46 4 3-1
- 2 Derry Lane 9/14/2021 $0 0.1 Cape Cod 3,677 1.49 5 3-1
- 46 West Chester Street 9/27/2021 $0 0.1 Family Conver. 2,231 0.22 4 2-
- 73 West Chester Street 5/1/2019 $2,225,000 0.1 Cape Cod 1,204 0.5 2 1-
- 31 New Lane $0 0.1 Bungalow 560 0.23 2 1-
- 23 Grove Lane 1/30/2002 $0 0.1 Family Conver. 1,411 1.5 3 2-
- 15 Derrymore Road 11/13/2003 $0 0.1 Ranch 836 0.14 2 1-
- 10 Derrymore Road 6/26/2015 $905,000 0.1 Ranch 960 0.09 2 2-
Averages 3785 days $1,624,554 0.08 --- 2,148 0.42 --- ---  
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
41 222 1 61 West Chester Street