54 West Chester Street, Nantucket, MA 02554

54 West Chester Street Nantucket MA 02554
Owner Information
Owner 1
Michael S Giaimo
Owner 2
Owner's Address
32 Mill Street Sherborn, MA 01770
Market Sale Information
Most recent sale date
9/27/2011
Previous sale date
09/01/1982
Transfer document #
01294-0047
Previous transfer document
0194-0125
Grantor
Previous grantor
Samuel W Garrison
Most recent sale price
$750,000.00
Previous sale price
$145,000.00
Site Information
Property ID
41-378
Lot Size
0.18
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Ranch
Number of Rooms
Stories
1
Number of Beds
3
Year Built
1960
Number of full baths
2
Condition
Number of half baths
Finished Area
1358
Number of Kitchen
1
Gross Living Area
1859
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
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,545,700.00
Total value
$2,077,900.00
Building value
$532,200.00
Estimated tax
$6,503.00
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 54 West Chester Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $552.28 Style Ranch Age 1960 Rooms Bedrooms 3 Full baths 2 Half baths Gross Living Area 1859 Heating Fuel Hot Water Detached Garage Lot Size 0.18 Roof Cover Asph/F Gls/Cmp AEM Value - Building $532,200.00 AEM Value - Land $1,545,700.00 AEM Value - Other $0.00 AEM Value - Total $2,077,900.00
A) 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
B) 12 Pilgrim Road 0.2 5/7/2024 $2,825,000 1,365 1 $2069.60 Ranch 1970 3 1 2450 Forced Air-Duc 0.17 Asph/F Gls/Cmp $357,700 $1,873,800 $0 $2,231,500
C) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 54 West Chester Street 9/27/2011 $750,000 0 Ranch 1,358 0.18 3 2- -
  Criteria
A 33 West Chester Street 6/26/2024 $2,825,000 0.2 Bungalow 1,577 0.14 3 2-
B 12 Pilgrim Road 5/7/2024 $2,825,000 0.2 Ranch 1,365 0.17 3 1-
C 35 Pleasant Street 9/17/2024 $3,735,000 0.8 Bungalow 1,680 0.23 2 1-
Averages 84 days $3,128,333 0.39 --- 1,541 0.18 --- ---  

Estimation of Market Value - $2,894,983

As of today, 09/29/2024, the estimated market value of 54 West Chester Street, Nantucket considering the above 3 comparable properties is $2,894,983.

 

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
@ 54 West Chester Street 9/27/2011 $750,000 0 Ranch 1,358 0.18 3 2- -
  Criteria
A 52 West Chester Street 11/8/2018 $1,999,000 0.0 Conventional 1,929 0.18 3 2-
B 56 West Chester Street 6/30/2021 $0 0.0 Cape Cod 2,137 0.41 3 3-
C 50 West Chester Street 10/2/2020 $2,995,000 0.0 Custom Built 2,964 0.17 4 3-1
D 3 Wyers Way 10/25/2018 $2,100,000 0.0 Ranch 1,260 0.17 2 1-
E 51 West Chester Street 11/1/2010 $1,412,500 0.0 Colonial 1,176 0.12 2 2-1
F 58 West Chester Street 9/11/2017 $0 0.0 Colonial 1,954 0.47 4 3-
G 1 Wyers Way 12/30/2010 $0 0.0 Vacant Land 0.17 -
H 57 West Chester Street 9/27/2018 $0 0.0 Colonial 3,184 0.26 3 3-1
I 49-A West Chester Street 4/22/2014 $0 0.0 Bungalow 880 0.1 1 1-
J 60 West Chester Street 12/13/2007 $0 0.0 Cape Cod 1,765 0.5 4 2-
K 48 West Chester Street 3/19/2018 $0 0.0 Conventional 1,903 0.13 3 2-
L 59 West Chester Street 7/25/2018 $4,745,000 0.0 Custom Built 3,474 0.23 4 4-1
M 32 New Lane 10/2/2003 $1,225,000 0.0 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 47-A West Chester Street 10/22/2021 $3,700,000 0.1 Colonial 2,896 1.22 5 4-1
P 61 West Chester Street 12/3/2020 $4,265,000 0.1 Cape Cod 2,980 0.29 3 2-1
Q 62 West Chester Street 11/18/2021 $4,025,000 0.1 Cape Cod 2,073 0.55 4 3-
R 55 West Chester Street 5/1/2019 $3,400,000 0.1 Custom Built 4,151 0.29 5 4-1
S 21 Grove Lane 9/8/2006 $50,000 0.1 Vacant Land 1.71 -
T 45 West Chester Street 4/17/2024 $3,200,000 0.1 Conventional 1,972 0.14 4 3-
U 47 West Chester Street 6/23/2010 $900,000 0.1 Cape Cod 1,680 1.17 4 2-1
V 64 West Chester Street 9/12/2014 $1,740,000 0.1 Colonial 2,120 0.55 3 2-
W 46 West Chester Street 9/27/2021 $0 0.1 Family Conver. 2,231 0.22 4 2-
X 31 New Lane $0 0.1 Bungalow 560 0.23 2 1-
Y 63 West Chester Street 4/14/2021 $4,730,000 0.1 Colonial 3,391 0.23 4 4-2
Z 0 West Chester Street 1/19/2000 $0 0.1 Vacant Land 0.09 -
- 1 Brooks Farm Road 8/1/2016 $5,300,000 0.1 Colonial 4,331 0.39 5 5-3
- 43 West Chester Street 9/26/2002 $0 0.1 Ranch 1,150 0.62 4 2-
- 26 New Lane $0 0.1 Vacant Land 2.11 -
- 66 West Chester Street 9/20/2016 $1,040,000 0.1 Cape Cod 3,279 0.58 5 5-1
- 44-R West Chester Street 10/29/1991 $0 0.1 Family Conver. 2,000 0.14 4 3-
- 44 West Chester Street 10/29/1991 $0 0.1 Ranch 1,107 0.05 2 1-
- 5 Franklin Street 4/6/2017 $0 0.1 Cape Cod 1,635 0.12 4 2-1
- 2 Brooks Farm Road 5/16/2016 $5,225,000 0.1 Custom Built 3,996 0.24 5 5-1
- 65 West Chester Street 8/16/2019 $6,225,000 0.1 Custom Built 4,439 0.36 5 5-2
- 60 North Liberty Street 5/15/1995 $561,200 0.1 Colonial 3,530 0.29 4 4-1
- 68 West Chester Street 10/11/2005 $1,720,000 0.1 Colonial 2,488 0.57 4 2-1
- 48 North Liberty Street 5/6/2021 $0 0.1 Colonial 1,912 0.12 3 2-1
- 41 West Chester Street 6/28/1989 $0 0.1 Antique 2,539 0.12 2 3-
- 42 West Chester Street 11/22/2022 $0 0.1 Conventional 2,787 0.19 3 3-
- 3 Franklin Street 5/9/2023 $3,350,000 0.1 Bungalow 920 0.12 3 2-
- 50 North Liberty Street 11/1/2013 $1,750,000 0.1 Conventional 2,350 0.22 4 3-
- 17 Grove Lane 12/31/2002 $0 0.1 Vacant Land 0.32 -
- 3 Franklin Street-Lot 267 9/6/2007 $1,775,000 0.1 Cape Cod 1,702 0.12 2 4-1
- 70 West Chester Street 10/11/2005 $1,720,000 0.1 Vacant Land 0.52 -
- 3 Brooks Farm Road 7/22/1999 $405,000 0.1 Colonial 4,629 0.49 5 6-1
- 27 New Lane $0 0.1 Vacant Land 2.35 -
- 19 Grove Lane 5/12/2016 $35,000 0.1 Vacant Land 0.83 -
- 40 West Chester Street 6/11/2010 $700,000 0.1 Colonial 1,560 0.09 4 2-
- 56 North Liberty Street 10/17/1990 $180,000 0.1 Family Conver. 1,653 0.15 3 2-
- 42 North Liberty Street 7/3/2017 $0 0.1 Ranch 1,295 0.11 2 2-
- 46 North Liberty Street 4/6/2012 $820,000 0.1 Conventional 1,406 0.13 3 2-
- 58 North Liberty Street 5/1/2018 $1,500,000 0.1 Colonial 2,466 0.12 3 2-
- 44 North Liberty Street 1/7/2021 $1,863,000 0.1 Conventional 1,176 0.13 3 1-
- 23 Grove Lane 1/30/2002 $0 0.1 Family Conver. 1,411 1.5 3 2-
- 2 Sunset Hill Lane 2/11/1987 $0 0.1 Bungalow 756 0.04 2 1-
- 67 West Chester Street $0 0.1 Cape Cod 1,289 0.37 3 1-
- 62 North Liberty Street 12/28/2012 $0 0.1 Bungalow 1,503 0.22 4 2-
- 1 Franklin Street 5/20/2013 $0 0.1 Ranch 728 0.09 2 1-
- 1 Pilgrim Road 1/11/2006 $0 0.1 Warehouse 2,016 0.48 0 1-
- 4 Brooks Farm Road 7/31/2015 $0 0.1 Colonial 4,329 0.5 4 3-1
Averages 4785 days $1,223,864 0.08 --- 1,918 0.41 --- ---  
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
41 378 54 West Chester Street