61 West Chester Street, Nantucket, MA 02554

61 West Chester Street Nantucket MA 02554
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
2025
Land Value
$1,566,600.00
Total value
$4,721,200.00
Building value
$3,154,600.00
Estimated tax
$15,485.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Subject Property66 Madaket Road32 Meadow View Drive17 Lily Street87 Main Street2 Brocks Court17 Fair Street15 Fair Street10 Milk Street61 West Chester Street16 Willard Street32 Union Street47 Hulbert Avenue$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000$16,000,000$18,000,000Total Assessment ($)Total Assessment
Address 61 West Chester Street A) 17 Lily StreetB) 2 Brocks CourtC) 87 Main StreetD) 10 Milk StreetE) 66 Madaket RoadF) 15 Fair StreetG) 16 Willard StreetH) 17 Fair StreetI) 47 Hulbert AvenueJ) 32 Union StreetK) 32 Meadow View Drive
Photo
Plan
Map
Proximity 0.40.40.60.60.60.70.70.70.70.90.9
Last Sold 1/15/20253/14/202512/12/202411/15/202411/8/202410/16/202410/25/202411/4/20241/29/202511/8/202411/26/2024
Price $4,475,000$5,000,000$4,000,000$4,375,000$3,647,500$4,450,000$6,200,000$4,650,000$15,000,000$5,848,500$2,827,000
Net Living Area 2,5322,6212,6283,3522,8233,5822,8103,3013,3173,3663,124
Stories 21.752.52.5122222.752
Sale Price/sft $1,431.21$1767.38$1907.67$1522.07$1305.19$1292.07$1242.32$2206.41$1408.66$4522.16$1737.52$904.93
Style Cape CodColonialAntiqueAntiqueAntiqueColonialAntiqueColonialAntiqueCustom BuiltAntiqueColonial
Age 199419891800183018502002183020041820198617861979
Rooms
Bedrooms 344353545555
Full baths 235343333652
Half baths 111111111
Gross Living Area 464438345004529666684432762457155700492043846557
Heating Fuel Forced Air-DucForced Air-DucHot WaterHot WaterHot WaterForced Air-DucForced Air-DucForced Air-DucHot WaterElectr BasebrdRadiantHot Water
Detached Garage
Lot Size 0.290.120.420.060.10.470.090.120.110.180.120.46
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpWood ShingleAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $3,154,600.00$1,899,400$2,409,400$2,161,500$2,556,000$1,413,900$2,650,200$2,530,100$2,262,100$4,242,600$2,882,200$1,616,200
AEM Value - Land $1,566,600.00$1,544,300$1,576,575$1,658,000$2,035,700$1,174,300$1,939,300$2,229,300$2,168,500$12,458,450$2,180,300$1,173,400
AEM Value - Other $0.00$0$0$0$0$0$0$0$0$0$0$0
AEM Value - Total $4,721,200.00$3,443,700$3,985,975$3,819,500$4,591,700$2,588,200$4,589,500$4,759,400$4,430,600$16,701,050$5,062,500$2,789,600
# 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 17 Lily Street 1/15/2025 $4,475,000 0.4 Colonial 2,532 0.12 4 3-1
B 2 Brocks Court 3/14/2025 $5,000,000 0.4 Antique 2,621 0.42 4 5-1
C 87 Main Street 12/12/2024 $4,000,000 0.6 Antique 2,628 0.06 3 3-
D 10 Milk Street 11/15/2024 $4,375,000 0.6 Antique 3,352 0.1 5 4-1
E 66 Madaket Road 11/8/2024 $3,647,500 0.6 Colonial 2,823 0.47 3 3-1
F 15 Fair Street 10/16/2024 $4,450,000 0.7 Antique 3,582 0.09 5 3-
G 16 Willard Street 10/25/2024 $6,200,000 0.7 Colonial 2,810 0.12 4 3-1
H 17 Fair Street 11/4/2024 $4,650,000 0.7 Antique 3,301 0.11 5 3-1
I 47 Hulbert Avenue 1/29/2025 $15,000,000 0.7 Custom Built 3,317 0.18 5 6-
J 32 Union Street 11/8/2024 $5,848,500 0.9 Antique 3,366 0.12 5 5-1
K 32 Meadow View Drive 11/26/2024 $2,827,000 0.9 Colonial 3,124 0.46 5 2-1
Averages 126 days $5,497,545 0.65 --- 3,041 0.2 --- ---  

Estimation of Market Value - $5,208,176

As of today, 04/09/2025, the estimated market value of 61 West Chester Street, Nantucket considering the above 11 comparable properties is $5,208,176.

 

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 Property49-A West Chester Street12 Derrymore Road10 Derrymore Road15 Derrymore Road43 West Chester Street1 Pilgrim Road47 West Chester Street16 Derrymore Road51 West Chester Street14 Derrymore Road73 West Chester Street2 Derry Lane45 West Chester Street18 Derrymore Road57 West Chester Street60 North Liberty Street61 West Chester Street3 Brooks Farm Road65 West Chester Street63 West Chester Street4 Brooks Farm Road47-A West Chester Street55 West Chester Street1 Brooks Farm Road76 West Chester Street2 Brooks Farm Road59 West Chester Street$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000$7,000,000Total Assessment ($)Total Assessment
# 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 4067 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