56 West Chester Street, Nantucket, MA 02554

56 West Chester Street Nantucket MA 02554
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Owner Information
Owner 1
Eric S Zorn & Lois K
Owner 2
Zorn Family Rev Trust
Owner's Address
8275 Archers Ct Sarasota, FL 34240
Market Sale Information
Most recent sale date
6/30/2021
Previous sale date
03/27/2015
Transfer document #
1834-217
Previous transfer document
01476-0211
Grantor
Eric S Zorn
Previous grantor
Robert A Grinberg
Most recent sale price
$0.00
Previous sale price
$2,400,000.00
Site Information
Property ID
41-377
Lot Size
0.41
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape Cod
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1950
Number of full baths
3
Condition
Number of half baths
Finished Area
2137
Number of Kitchen
1
Gross Living Area
3808
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
$2,318,200.00
Total value
$3,847,500.00
Building value
$1,529,300.00
Estimated tax
$12,042.00
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 56 West Chester Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1950 Rooms Bedrooms 3 Full baths 3 Half baths Gross Living Area 3808 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.41 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,529,300.00 AEM Value - Land $2,318,200.00 AEM Value - Other $0.00 AEM Value - Total $3,847,500.00
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) 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
C) 17 Pleasant Street 0.6 7/5/2024 $3,715,000 2,100 1.75 $1769.05 Antique 1800 2 3 3657 Forced Air-Duc 0.09 Asph/F Gls/Cmp $1,462,200 $2,011,500 $0 $3,473,700
D) 25 Willard Street 0.7 9/17/2024 $5,650,000 1,993 1.75 $2834.92 Conventional 1900 5 5 1 3808 None 0.46 Asph/F Gls/Cmp $1,052,700 $2,314,200 $0 $3,366,900
E) 1 Farmer Street 0.7 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
F) 35 Pleasant Street 0.8 9/17/2024 $3,735,000 1,680 1 $2223.21 Bungalow 1927 2 1 4002 Hot Water 0.23 Asph/F Gls/Cmp $659,500 $1,555,200 $0 $2,214,700
G) 6 West Dover Street 0.9 7/18/2024 $2,130,000 2,321 2 $917.71 Antique 1890 4 1 3202 Hot Water 0.14 Asph/F Gls/Cmp $491,000 $1,109,500 $0 $1,600,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 56 West Chester Street 6/30/2021 $0 0 Cape Cod 2,137 0.41 3 3- -
  Criteria
A 45 West Chester Street 4/17/2024 $3,200,000 0.1 Conventional 1,972 0.14 4 3-
B 149 Main Street 5/17/2024 $4,225,000 0.3 Conventional 1,698 0.14 3 1-1
C 17 Pleasant Street 7/5/2024 $3,715,000 0.6 Antique 2,100 0.09 2 3-
D 25 Willard Street 9/17/2024 $5,650,000 0.7 Conventional 1,993 0.46 5 5-1
E 1 Farmer Street 5/10/2024 $3,600,000 0.7 Antique 2,430 0.06 3 3-1
F 35 Pleasant Street 9/17/2024 $3,735,000 0.8 Bungalow 1,680 0.23 2 1-
G 6 West Dover Street 7/18/2024 $2,130,000 0.9 Antique 2,321 0.14 4 1-
Averages 89 days $3,750,714 0.59 --- 2,028 0.18 --- ---  

Estimation of Market Value - $4,741,890

As of today, 09/29/2024, the estimated market value of 56 West Chester Street, Nantucket considering the above 7 comparable properties is $4,741,890.

 

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
@ 56 West Chester Street 6/30/2021 $0 0 Cape Cod 2,137 0.41 3 3- -
  Criteria
A 58 West Chester Street 9/11/2017 $0 0.0 Colonial 1,954 0.47 4 3-
B 54 West Chester Street 9/27/2011 $750,000 0.0 Ranch 1,358 0.18 3 2-
C 3 Wyers Way 10/25/2018 $2,100,000 0.0 Ranch 1,260 0.17 2 1-
D 52 West Chester Street 11/8/2018 $1,999,000 0.0 Conventional 1,929 0.18 3 2-
E 60 West Chester Street 12/13/2007 $0 0.0 Cape Cod 1,765 0.5 4 2-
F 1 Wyers Way 12/30/2010 $0 0.0 Vacant Land 0.17 -
G 50 West Chester Street 10/2/2020 $2,995,000 0.0 Custom Built 2,964 0.17 4 3-1
H 62 West Chester Street 11/18/2021 $4,025,000 0.0 Cape Cod 2,073 0.55 4 3-
I 51 West Chester Street 11/1/2010 $1,412,500 0.0 Colonial 1,176 0.12 2 2-1
J 57 West Chester Street 9/27/2018 $0 0.0 Colonial 3,184 0.26 3 3-1
K 59 West Chester Street 7/25/2018 $4,745,000 0.1 Custom Built 3,474 0.23 4 4-1
L 21 Grove Lane 9/8/2006 $50,000 0.1 Vacant Land 1.71 -
M 32 New Lane 10/2/2003 $1,225,000 0.1 Colonial 1,920 0.22 3 2-
N 30 New Lane 8/31/1994 $0 0.1 Cape Cod 1,988 0.27 4 3-
O 64 West Chester Street 9/12/2014 $1,740,000 0.1 Colonial 2,120 0.55 3 2-
P 61 West Chester Street 12/3/2020 $4,265,000 0.1 Cape Cod 2,980 0.29 3 2-1
Q 49-A West Chester Street 4/22/2014 $0 0.1 Bungalow 880 0.1 1 1-
R 48 West Chester Street 3/19/2018 $0 0.1 Conventional 1,903 0.13 3 2-
S 66 West Chester Street 9/20/2016 $1,040,000 0.1 Cape Cod 3,279 0.58 5 5-1
T 47-A West Chester Street 10/22/2021 $3,700,000 0.1 Colonial 2,896 1.22 5 4-1
U 63 West Chester Street 4/14/2021 $4,730,000 0.1 Colonial 3,391 0.23 4 4-2
V 26 New Lane $0 0.1 Vacant Land 2.11 -
W 55 West Chester Street 5/1/2019 $3,400,000 0.1 Custom Built 4,151 0.29 5 4-1
X 31 New Lane $0 0.1 Bungalow 560 0.23 2 1-
Y 68 West Chester Street 10/11/2005 $1,720,000 0.1 Colonial 2,488 0.57 4 2-1
Z 46 West Chester Street 9/27/2021 $0 0.1 Family Conver. 2,231 0.22 4 2-
- 45 West Chester Street 4/17/2024 $3,200,000 0.1 Conventional 1,972 0.14 4 3-
- 47 West Chester Street 6/23/2010 $900,000 0.1 Cape Cod 1,680 1.17 4 2-1
- 1 Brooks Farm Road 8/1/2016 $5,300,000 0.1 Colonial 4,331 0.39 5 5-3
- 17 Grove Lane 12/31/2002 $0 0.1 Vacant Land 0.32 -
- 0 West Chester Street 1/19/2000 $0 0.1 Vacant Land 0.09 -
- 65 West Chester Street 8/16/2019 $6,225,000 0.1 Custom Built 4,439 0.36 5 5-2
- 19 Grove Lane 5/12/2016 $35,000 0.1 Vacant Land 0.83 -
- 2 Brooks Farm Road 5/16/2016 $5,225,000 0.1 Custom Built 3,996 0.24 5 5-1
- 70 West Chester Street 10/11/2005 $1,720,000 0.1 Vacant Land 0.52 -
- 44-R West Chester Street 10/29/1991 $0 0.1 Family Conver. 2,000 0.14 4 3-
- 5 Franklin Street 4/6/2017 $0 0.1 Cape Cod 1,635 0.12 4 2-1
- 43 West Chester Street 9/26/2002 $0 0.1 Ranch 1,150 0.62 4 2-
- 44 West Chester Street 10/29/1991 $0 0.1 Ranch 1,107 0.05 2 1-
- 23 Grove Lane 1/30/2002 $0 0.1 Family Conver. 1,411 1.5 3 2-
- 27 New Lane $0 0.1 Vacant Land 2.35 -
- 3 Franklin Street 5/9/2023 $3,350,000 0.1 Bungalow 920 0.12 3 2-
- 42 West Chester Street 11/22/2022 $0 0.1 Conventional 2,787 0.19 3 3-
- 3 Franklin Street-Lot 267 9/6/2007 $1,775,000 0.1 Cape Cod 1,702 0.12 2 4-1
- 60 North Liberty Street 5/15/1995 $561,200 0.1 Colonial 3,530 0.29 4 4-1
- 67 West Chester Street $0 0.1 Cape Cod 1,289 0.37 3 1-
- 41 West Chester Street 6/28/1989 $0 0.1 Antique 2,539 0.12 2 3-
- 48 North Liberty Street 5/6/2021 $0 0.1 Colonial 1,912 0.12 3 2-1
- 74 West Chester Street 8/9/2019 $2,680,000 0.1 Colonial 1,892 0.52 2 3-1
- 3 Brooks Farm Road 7/22/1999 $405,000 0.1 Colonial 4,629 0.49 5 6-1
- 16 Grove Lane 4/2/2010 $0 0.1 Cape Cod 1,232 0.5 3 2-
- 50 North Liberty Street 11/1/2013 $1,750,000 0.1 Conventional 2,350 0.22 4 3-
- 1 Pilgrim Road 1/11/2006 $0 0.1 Warehouse 2,016 0.48 0 1-
- 42 North Liberty Street 7/3/2017 $0 0.1 Ranch 1,295 0.11 2 2-
- 40 West Chester Street 6/11/2010 $700,000 0.1 Colonial 1,560 0.09 4 2-
Averages 4653 days $1,340,413 0.08 --- 1,915 0.44 --- ---  
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
41 377 56 West Chester Street