62 West Chester Street, Nantucket, MA 02554

62 West Chester Street Nantucket MA 02554
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Owner Information
Owner 1
Bananajam Enterprises LLC
Owner 2
Owner's Address
P O Box 622 Charleston, SC 29402
Market Sale Information
Most recent sale date
11/18/2021
Previous sale date
07/17/2019
Transfer document #
1864-199
Previous transfer document
01702-0039
Grantor
Dina L Schwartz
Previous grantor
Dina L Schwartz
Most recent sale price
$4,025,000.00
Previous sale price
$0.00
Site Information
Property ID
41-373
Lot Size
0.55
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
4
Year Built
1987
Number of full baths
3
Condition
Number of half baths
Finished Area
2073
Number of Kitchen
1
Gross Living Area
4589
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
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
$2,129,140.00
Total value
$3,822,840.00
Building value
$1,693,700.00
Estimated tax
$11,965.00
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 62 West Chester Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,941.63 Style Cape Cod Age 1987 Rooms Bedrooms 4 Full baths 3 Half baths Gross Living Area 4589 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.55 Roof Cover Wood Shingle AEM Value - Building $1,693,700.00 AEM Value - Land $2,129,140.00 AEM Value - Other $0.00 AEM Value - Total $3,822,840.00
A) 45 West Chester Street 0.1 4/17/2024 $3,200,000 1,972 1.75 $1622.72 Conventional 1920 4 3 2581 Forced Air-Duc 0.14 Wood Shingle $1,072,400 $1,538,100 $0 $2,610,500
B) 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
C) 33 West Chester Street 0.2 6/26/2024 $2,825,000 1,577 1 $1791.38 Bungalow 1940 3 2 3089 Forced Air-Duc 0.14 Asph/F Gls/Cmp $599,600 $1,384,815 $0 $1,984,415
D) 149 Main Street 0.3 5/17/2024 $4,225,000 1,698 1.75 $2488.22 Conventional 1930 3 1 1 3010 Hot Water 0.14 Asph/F Gls/Cmp $1,035,800 $1,538,100 $0 $2,573,900
E) 108 Main Street 0.5 3/19/2024 $4,500,000 2,005 2.5 $2244.39 Antique 1900 6 4 1 5508 Hot Water 0.17 Asph/F Gls/Cmp $2,002,200 $2,234,400 $0 $4,236,600
F) 56 Walsh Street 0.6 2/15/2024 $5,000,000 2,028 1.75 $2465.48 Cape Cod 1930 5 3 1 3275 Electr Basebrd 0.11 Wood Shingle $1,129,500 $2,656,800 $0 $3,786,300
G) 40 Walsh Street 0.7 1/4/2024 $2,900,000 1,816 2 $1596.92 Colonial 1947 5 2 2720 Electr Basebrd 0.07 Asph/F Gls/Cmp $736,400 $1,746,400 $0 $2,482,800
H) 23 Walsh Street 0.7 2/2/2024 $4,937,500 1,774 1.75 $2783.26 Colonial 2013 4 4 1 2172 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,641,100 $2,220,700 $0 $3,861,800
I) 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
J) 38 Pine Street 0.8 1/31/2024 $2,225,000 1,707 1 $1303.46 Antique 1820 3 1 1 3495 Hot Water 0.07 Asph/F Gls/Cmp $853,000 $1,237,000 $0 $2,090,000
K) 16 Polliwog Pond Road 0.9 1/9/2024 $2,250,000 1,830 1.75 $1229.51 Cape Cod 1995 5 2 3276 Hot Water 0.24 Asph/F Gls/Cmp $757,500 $696,000 $0 $1,453,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 62 West Chester Street 11/18/2021 $4,025,000 0 Cape Cod 2,073 0.55 4 3- -
  Criteria
A 45 West Chester Street 4/17/2024 $3,200,000 0.1 Conventional 1,972 0.14 4 3-
B 20 New Lane 1/17/2024 $4,350,000 0.2 Colonial 2,247 0.12 4 3-1
C 33 West Chester Street 6/26/2024 $2,825,000 0.2 Bungalow 1,577 0.14 3 2-
D 149 Main Street 5/17/2024 $4,225,000 0.3 Conventional 1,698 0.14 3 1-1
E 108 Main Street 3/19/2024 $4,500,000 0.5 Antique 2,005 0.17 6 4-1
F 56 Walsh Street 2/15/2024 $5,000,000 0.6 Cape Cod 2,028 0.11 5 3-1
G 40 Walsh Street 1/4/2024 $2,900,000 0.7 Colonial 1,816 0.07 5 2-
H 23 Walsh Street 2/2/2024 $4,937,500 0.7 Colonial 1,774 0.12 4 4-1
I 1 Farmer Street 5/10/2024 $3,600,000 0.8 Antique 2,430 0.06 3 3-1
J 38 Pine Street 1/31/2024 $2,225,000 0.8 Antique 1,707 0.07 3 1-1
K 16 Polliwog Pond Road 1/9/2024 $2,250,000 0.9 Cape Cod 1,830 0.24 5 2-
Averages 112 days $3,637,500 0.53 --- 1,917 0.13 --- ---  

Estimation of Market Value - $4,458,440

As of today, 06/30/2024, the estimated market value of 62 West Chester Street, Nantucket considering the above 11 comparable properties is $4,458,440.

 

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
@ 62 West Chester Street 11/18/2021 $4,025,000 0 Cape Cod 2,073 0.55 4 3- -
  Criteria
A 64 West Chester Street 9/12/2014 $1,740,000 0.0 Colonial 2,120 0.55 3 2-
B 60 West Chester Street 12/13/2007 $0 0.0 Cape Cod 1,765 0.5 4 2-
C 66 West Chester Street 9/20/2016 $1,040,000 0.0 Cape Cod 3,279 0.58 5 5-1
D 58 West Chester Street 9/11/2017 $0 0.0 Colonial 1,954 0.47 4 3-
E 68 West Chester Street 10/11/2005 $1,720,000 0.0 Colonial 2,488 0.57 4 2-1
F 56 West Chester Street 6/30/2021 $0 0.0 Cape Cod 2,137 0.41 3 3-
G 61 West Chester Street 12/3/2020 $4,265,000 0.0 Cape Cod 2,980 0.29 3 2-1
H 63 West Chester Street 4/14/2021 $4,730,000 0.1 Colonial 3,391 0.23 4 4-2
I 70 West Chester Street 10/11/2005 $1,720,000 0.1 Vacant Land 0.52 -
J 54 West Chester Street 9/27/2011 $750,000 0.1 Ranch 1,358 0.18 3 2-
K 59 West Chester Street 7/25/2018 $4,745,000 0.1 Custom Built 3,474 0.23 4 4-1
L 57 West Chester Street 9/27/2018 $0 0.1 Colonial 3,184 0.26 3 3-1
M 21 Grove Lane 9/8/2006 $50,000 0.1 Vacant Land 1.71 -
N 65 West Chester Street 8/16/2019 $6,225,000 0.1 Custom Built 4,439 0.36 5 5-2
O 3 Wyers Way 10/25/2018 $2,100,000 0.1 Ranch 1,260 0.17 2 1-
P 52 West Chester Street 11/8/2018 $1,999,000 0.1 Conventional 1,929 0.18 3 2-
Q 74 West Chester Street 8/9/2019 $2,680,000 0.1 Colonial 1,892 0.52 2 3-1
R 23 Grove Lane 1/30/2002 $0 0.1 Family Conver. 1,411 1.5 3 2-
S 67 West Chester Street $0 0.1 Cape Cod 1,289 0.37 3 1-
T 51 West Chester Street 11/1/2010 $1,412,500 0.1 Colonial 1,176 0.12 2 2-1
U 2 Brooks Farm Road 5/16/2016 $5,225,000 0.1 Custom Built 3,996 0.24 5 5-1
V 1 Wyers Way 12/30/2010 $0 0.1 Vacant Land 0.17 -
W 50 West Chester Street 10/2/2020 $2,995,000 0.1 Custom Built 2,964 0.17 4 3-1
X 1 Brooks Farm Road 8/1/2016 $5,300,000 0.1 Colonial 4,331 0.39 5 5-3
Y 55 West Chester Street 5/1/2019 $3,400,000 0.1 Custom Built 4,151 0.29 5 4-1
Z 19 Grove Lane 5/12/2016 $35,000 0.1 Vacant Land 0.83 -
- 76 West Chester Street 11/1/2021 $4,605,000 0.1 Colonial 3,138 0.46 4 3-1
- 49-A West Chester Street 4/22/2014 $0 0.1 Bungalow 880 0.1 1 1-
- 71 West Chester Street 10/31/2018 $2,500,000 0.1 Cape Cod 2,450 0.37 5 4-1
- 30 New Lane 8/31/1994 $0 0.1 Cape Cod 1,988 0.27 4 3-
- 32 New Lane 10/2/2003 $1,225,000 0.1 Colonial 1,920 0.22 3 2-
- 17 Grove Lane 12/31/2002 $0 0.1 Vacant Land 0.32 -
- 47-A West Chester Street 10/22/2021 $3,700,000 0.1 Colonial 2,896 1.22 5 4-1
- 1 Pilgrim Road 1/11/2006 $0 0.1 Warehouse 2,016 0.48 0 1-
- 4 Pilgrim Road 6/20/2016 $1,600,000 0.1 Vacant Land 0.17 -
- 26 New Lane $0 0.1 Vacant Land 2.11 -
- 48 West Chester Street 3/19/2018 $0 0.1 Conventional 1,903 0.13 3 2-
- 78 West Chester Street 12/8/2010 $0 0.1 Modern/Contemp 1,696 0.46 3 2-
- 73 West Chester Street 5/1/2019 $2,225,000 0.1 Cape Cod 1,204 0.5 2 1-
- 3 Brooks Farm Road 7/22/1999 $405,000 0.1 Colonial 4,629 0.49 5 6-1
- 47 West Chester Street 6/23/2010 $900,000 0.1 Cape Cod 1,680 1.17 4 2-1
- 4 Brooks Farm Road 7/31/2015 $0 0.1 Colonial 4,329 0.5 4 3-1
- 31 New Lane $0 0.1 Bungalow 560 0.23 2 1-
- 45 West Chester Street 4/17/2024 $3,200,000 0.1 Conventional 1,972 0.14 4 3-
- 46 West Chester Street 9/27/2021 $0 0.1 Family Conver. 2,231 0.22 4 2-
Averages 3738 days $1,610,922 0.08 --- 2,055 0.47 --- ---  
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
41 373 62 West Chester Street