5 Chestnut Street, Nantucket, MA 02554

5 Chestnut Street Nantucket MA 02554
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Owner Information
Owner 1
Klaudius & Leipa LLC
Owner 2
Owner's Address
91 Washington St Nantucket, MA 02554
Market Sale Information
Most recent sale date
12/29/2017
Previous sale date
12/14/2001
Transfer document #
01627-0289
Previous transfer document
00729-0068
Grantor
Five Chestnut Street LLC
Previous grantor
Stephanie A Silva
Most recent sale price
$2,750,000.00
Previous sale price
$1,850,000.00
Site Information
Property ID
4231-5
Lot Size
0.04
Use Code
30 - Multiple Use Property
Zoning
CDT
Building Style
B+B/Inn
Number of Rooms
Stories
2
Number of Beds
8
Year Built
1847
Number of full baths
8
Condition
Number of half baths
Finished Area
3587
Number of Kitchen
1
Gross Living Area
5492
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,702,300.00
Total value
$4,507,300.00
Building value
$2,805,000.00
Estimated tax
$23,888.00
Yard improvement value
$0.00
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Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 5 Chestnut Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $766.66 Style B+B/Inn Age 1847 Rooms Bedrooms 8 Full baths 8 Half baths Gross Living Area 5492 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.04 Roof Cover Asph/F Gls/Cmp AEM Value - Building $2,805,000.00 AEM Value - Land $1,702,300.00 AEM Value - Other $0.00 AEM Value - Total $4,507,300.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Chestnut Street 12/29/2017 $2,750,000 0 B+B/Inn 3,587 0.04 8 8- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 5 Chestnut Street 12/29/2017 $2,750,000 0 B+B/Inn 3,587 0.04 8 8- -
  Criteria
A 33 Center Street 12/29/2017 $2,750,000 0.0 B+B/Inn 3,036 0.06 5 9-
B 3 Chestnut Street 4/10/1987 $0 0.0 B+B/Inn 3,594 0.11 5 9-
C 35 Center Street 2/22/2010 $1,400,000 0.0 Store 1,792 0.04 0 1-
D 38 Center Street 1/31/2019 $2,500,000 0.0 Store 2,881 0.03 1 3-
E 24 Broad Street $0 0.0 Restaurant 3,585 0.07 0 3-
F 31 Center Street 4/16/2021 $38,500,000 0.0 B+B/Inn 4,968 0.13 5 15-
G 36 Center Street 3/4/1988 $0 0.0 Office Bldg 1,358 0.03 0 2-
H 22 Broad Street 12/22/1992 $472,000 0.0 Aptovrret/Off 2,806 0.06 5 3-
I 37 Center Street 7/15/2004 $0 0.0 Office Bldg 2,012 0.03 0 2-
J 20 Broad Street 12/11/1997 $740,000 0.0 Restaurant 2,292 0.06 0 3-
K 34 Center Street 4/28/2009 $1,570,000 0.0 Aptovrret/Off 3,545 0.06 2 3-
L 1 Chestnut Street 10/2/1998 $1,100,000 0.0 Store 3,031 0.13 0 2-
M 3 Hussey Street 11/4/1988 $450,000 0.0 B+B/Inn 2,621 0.08 5 4-
N 40-B Center Street 8/15/2016 $0 0.0 Condominium 388 0 1 1-
O 18 Broad Street 1/6/2000 $0 0.0 Store 1,993 0.06 0 2-
P 2 Quince Street 10/7/2003 $990,000 0.0 Antique 1,258 0.04 2 2-
Q 2 Hussey Street 9/7/2011 $865,000 0.0 Conventional 1,260 0.03 2 2-1
R 32 Center Street 7/28/1994 $0 0.0 Aptovrret/Off 6,200 0.12 2 1-1
S 3-B Hussey Street 1/22/2015 $0 0.0 Cottage 588 0.02 1 1-
T 2 Chestnut Street 4/16/2021 $4,100,000 0.0 B+B/Inn 5,752 0.08 8 8-
U 46 Center Street 10/22/2002 $2,100,000 0.0 Aptovrret/Off 3,702 0.09 3 2-
V 48 Center Street 1/4/2019 $2,150,000 0.0 Aptovrret/Off 3,316 0.07 7 5-1
W 20 Federal Street 12/15/2006 $3,390,000 0.0 Aptovrret/Off 3,256 0.09 1 2-
X 16 Federal Street 2/26/2021 $2,597,000 0.0 Conventional 1,547 0.06 3 2-1
Y 22 Federal Street 2/18/2014 $2,250,000 0.0 Restaurant 3,073 0.08 0 2-
Z 25 Broad Street 3/10/2016 $0 0.0 Aptovrret/Off 2,648 0.05 3 5-
- 4 Hussey Street 11/9/2022 $0 0.0 Bungalow 648 0.04 2 1-
- 13 India Street 1/4/2007 $1,995,000 0.0 Antique 1,088 0.1 2 2-1
- 5 Hussey Street 1/31/2000 $0 0.0 Antique 1,987 0.1 4 3-
- 4 Quince Street 4/6/2015 $2,337,500 0.0 Antique 2,268 0.08 4 2-1
- 50 Center Street 7/8/2004 $8,000,001 0.0 Vacant Land 0.09 -
- 9 India Street 8/16/2019 $3,700,000 0.0 Restaurant 3,067 0.07 5 3-
- 18 Federal Street 9/21/2005 $15,473,000 0.0 Aptovrret/Off 3,084 0.05 3 3-
- 15 India Street 11/17/2005 $0 0.0 Antique 2,885 0.09 5 3-1
- 23 Broad Street 6/30/2021 $7,888,000 0.0 Restaurant 8,232 0.23 11 5-
- 7 India Street 2/8/2008 $0 0.0 Aptovrret/Off 1,675 0.06 4 3-
- 17 India Street $0 0.0 Antique 3,712 0.14 5 3-
- 14 Federal Street 9/21/2005 $15,473,000 0.1 Store 2,841 0.07 0 2-
- 27 Broad Street 7/8/2004 $8,000,001 0.1 B+B/Inn 5,850 0.2 5 9-
- 21 Broad Street 6/27/2013 $3,050,000 0.1 B+B/Inn 13,685 0.18 5 7-
- 7 Hussey Street 9/4/2012 $3,000,000 0.1 Antique 5,859 0.15 7 7-1
- 19 Broad Street 5/16/2022 $5,395,540 0.1 Antique 2,416 0.08 4 3-
- 29 Broad Street 7/8/2004 $8,000,001 0.1 Hotel 18,233 0.46 31 31-
- 5 India Street 10/2/2014 $0 0.1 Store 1,933 0.06 0 2-
- 4 Gay Street-Lot 19 1/29/1996 $0 0.1 Antique 4,280 0.12 5 7-
- 28 Center Street 1/4/2012 $0 0.1 Aptovrret/Off 3,889 0.05 0 3-
- 19 India Street 11/5/2019 $0 0.1 Antique 3,268 0.16 4 3-1
- 10 India Street 5/25/2023 $2,800,000 0.1 Aptovrret/Off 1,392 0.03 0 3-
- 12 Federal Street 10/15/2021 $7,200,000 0.1 Restaurant 5,771 0.12 0 3-
- 25 Center Street 6/22/2005 $55,000,000 0.1 Store 2,779 0.11 0 2-
- 21 India Street 10/6/2015 $0 0.1 Antique 2,455 0.12 3 3-
- 17 Broad Street 6/27/2014 $2,925,000 0.1 Hotel 7,845 0.12 16 20-
- 8 Quince Street 12/11/2015 $0 0.1 Antique 1,572 0.06 2 3-
- 52 Center Street 9/29/2021 $0 0.1 Antique 2,894 0.09 5 4-
- 22 Center Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,312 0.07 0 3-
- 23 Federal Street 7/2/2018 $3,200,000 0.1 Office Bldg 2,514 0.03 0 2-
- 6 Ash Lane 6/22/1998 $776,000 0.1 Aptovrret/Off 2,198 0.1 3 3-
- 3 Quince Street 9/27/2017 $2,796,101 0.1 Antique 2,368 0.12 4 3-
- 12 India Street 1/12/1996 $882,500 0.1 Antique 2,930 0.12 4 3-1
- 9 Hussey Street 9/4/2012 $795,000 0.1 Vacant Land 0.12 -
- 2 Ash Lane 12/29/2020 $1,975,000 0.1 Antique 2,112 0.05 4 3-
- 54 Center Street 9/30/2011 $2,450,000 0.1 Antique 2,668 0.08 3 3-1
- 4 North Water Street 6/22/2023 $5,650,000 0.1 Aptovrret/Off 2,410 0.18 1 2-
- 4 India Street 12/30/2008 $0 0.1 Store 4,575 0.05 3 2-
- 23 India Street 12/28/1998 $0 0.1 Antique 2,530 0.12 5 4-
- 21 Federal Street 9/21/2005 $15,473,000 0.1 Restaurant 4,520 0.07 0 3-
- 16 India Street 7/16/1991 $0 0.1 Colonial 2,326 0.32 3 3-1
- 16 Broad Street $0 0.1 City/Town Hall 13,364 0.26 0 4-
- 20 South Water Street $0 0.1 Police Station 5,153 0.3 0 2-
- 2-E Chestnut Street 9/21/2005 $15,473,000 0.1 Restaurant 662 0.03 0 2-
- 10 Hussey Street 4/15/2021 $4,066,666 0.1 B+B/Inn 4,681 0.08 5 9-
- 4 Gay Street 10/23/2023 $4,450,000 0.1 Cape Cod 1,827 0.06 3 3-
- 5 Quince Street 12/23/1998 $0 0.1 Antique 3,428 0.1 5 4-
- 20 Center Street 6/22/2005 $55,000,000 0.1 B+B/Inn 4,425 0.13 9 6-
- 2 India Street $0 0.1 Aptovrret/Off 2,663 0.06 2 3-
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 7 Center Street 9/18/2008 $0 0.1 Retail Condo 920 0 0 2-
- 8 Ash Street 10/15/2021 $4,395,000 0.1 Antique 4,615 0.13 5 2-3
- 18 India Street 6/24/2019 $0 0.1 Antique 3,328 0.1 3 2-1
- 5 Gay Street 10/19/1987 $0 0.1 Antique 3,026 0.12 5 3-
- 4 Ash Street 3/14/2018 $0 0.1 Antique 2,964 0.07 4 4-
- 10 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,990 0.07 0 2-
- 10 Ash Street 12/27/1995 $0 0.1 Antique 2,436 0.11 4 2-1
- 25 India Street 10/1/2020 $3,750,000 0.1 Antique 3,925 0.1 5 5-
- 3 Rose Lane 6/12/1992 $255,000 0.1 Ranch 1,296 0.1 3 2-
- 2 Ash Street 2/12/2018 $1,350,000 0.1 Antique 1,492 0.05 3 2-1
- 4-E Chestnut Street 6/12/2012 $0 0.1 Aptovrret/Off 2,475 0.05 6 3-
- 56 Center Street 9/16/2011 $3,280,000 0.1 Office Bldg 6,749 0.23 -
- 14 Center Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,689 0.05 0 2-
- 11 Hussey Street 7/24/2020 $4,622,500 0.1 Antique 3,355 0.14 6 6-
- 6 Oak Street 6/15/2022 $0 0.1 Restaurant 616 0.03 0 2-
- 10 Quince Street 9/10/2021 $3,495,000 0.1 Antique 3,579 0.18 5 3-1
- 5 Rose Lane 12/31/2002 $0 0.1 Antique 2,012 0.09 3 3-1
- 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
- 43 Center Street 5/24/2019 $0 0.1 Antique 3,059 0.09 8 4-1
- 6 Gay Street 1/29/1993 $370,000 0.1 Antique 2,572 0.09 5 4-
- 12 Hussey Street 12/1/2023 $4,595,000 0.1 Antique 2,801 0.09 5 2-1
- 8 Federal Street 7/1/1985 $0 0.1 Office Bldg 1,666 0.07 0 2-
- 20 India Street 7/7/2020 $0 0.1 Antique 3,170 0.26 5 6-1
- 47-R Main Street 11/13/2015 $3,700,000 0.1 Vacant Land 0.07 -
- 5 Center Street 6/22/2005 $55,000,000 0.1 Commercial 570 0.01 0 0-
- 7 Gay Street 11/6/1992 $0 0.1 Antique 1,136 0.07 3 1-1
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 1 Academy Lane 3/6/2003 $2,287,500 0.1 Antique 4,116 0.13 5 4-1
- 4 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,197 0.03 0 2-
- 27 India Street 11/30/2000 $1,375,000 0.1 Antique 2,379 0.11 3 3-
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 11 Rose Lane 10/6/2009 $0 0.1 Cape Cod 1,746 0.17 3 2-
- 2 Center Street 7/28/2023 $2,850,000 0.1 Churches 8,020 0.19 0 2-
- 1 Liberty Street 7/17/1991 $0 0.1 Antique 2,941 0.08 4 2-
- 5 Ash Street 3/6/2017 $3,725,000 0.1 Antique 3,977 0.11 5 5-2
- 1 Ash Street 1/19/2022 $0 0.1 Antique 2,646 0.06 6 4-
- 53 Main Street 2/4/2021 $4,000,000 0.1 Office Bldg 4,017 0.04 0 2-
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 5 North Water Street 3/18/2015 $0 0.1 Theaters Encl. 6,196 0.17 0 5-
- 15 Broad Street $0 0.1 Museum 29,905 0.61 0 2-
- 4 Academy Lane 12/31/2012 $0 0.1 Antique 2,543 0.08 5 2-1
- 24 India Street 7/26/2005 $0 0.1 Colonial 2,067 0.19 3 2-1
- 5 Liberty Street 11/21/2017 $0 0.1 Antique 2,526 0.2 5 4-1
- 57 Main Street $125,000 0.1 Office Bldg 3,250 0.04 0 1-
- 8 Gay Street 12/19/2012 $0 0.1 Outbuildings 0.12 -
- 9 Gay Street 5/17/2023 $3,747,562 0.1 Antique 2,388 0.07 4 4-1
- 12 North Water Street 11/7/2014 $1,572,000 0.1 Antique 1,594 0.09 4 2-
- 58 Center Street 9/10/2020 $4,350,000 0.1 Custom Built 2,916 0.17 4 3-1
- 51 Main Street 11/13/2015 $3,700,000 0.1 Store 2,852 0.03 0 2-
- 45 Center Street 8/7/1998 $0 0.1 Antique 3,179 0.1 5 4-
- 14 Hussey Street 11/8/2022 $5,195,000 0.1 Antique 2,881 0.14 5 4-1
- 6 Academy Lane 12/31/2012 $0 0.1 Antique 1,722 0.05 2 2-
- 47 Main Street 10/10/2007 $4,500,000 0.1 Store 3,570 0.03 0 2-
- 45 Main Street 6/1/1984 $400,000 0.1 Store 2,770 0.04 0 2-
- 29 India Street 10/27/2021 $0 0.1 Antique 2,922 0.11 5 4-
- 41 Main Street 12/28/2006 $0 0.1 Restaurant 3,450 0.04 0 3-
- 37 Main Street 4/30/1998 $2,000,000 0.1 Office Bldg 2,384 0.03 0 2-
- 23 South Water Street $0 0.1 Store 8,083 0.15 0 3-
- 7 North Water Street 3/25/2016 $1,425,000 0.1 Antique 2,398 0.11 6 3-
- 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
- 35 Main Street 12/20/2012 $3,600,000 0.1 Aptovrret/Off 2,750 0.04 2 2-
- 9 Liberty Street 7/30/2018 $3,350,000 0.1 Antique 2,345 0.09 5 3-1
- 11 Quince Street 4/15/2016 $1,600,000 0.1 Colonial 2,556 0.06 4 4-1
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
- 14 Quince Street $0 0.1 Antique 3,108 0.23 5 4-
- 9 North Water Street 4/21/2017 $2,500,000 0.1 B+B/Inn 3,528 0.09 5 8-
- 15 Hussey Street 6/9/1987 $0 0.1 Conventional 1,662 0.14 4 1-1
- 33 Main Street 10/26/2012 $4,500,000 0.1 Store 3,150 0.03 1 2-
- 8 Academy Lane 6/13/2000 $0 0.1 Antique 1,470 0.05 4 2-
- 4 Step Lane 11/14/2019 $0 0.1 Antique 3,249 0.19 6 5-1
- 11 Gay Street 1/25/2008 $0 0.1 Antique 1,742 0.12 5 2-
- 15 Rose Lane 4/6/1995 $0 0.1 Vacant Land 0.09 -
- 60 Center Street 6/20/2013 $0 0.1 Antique 3,044 0.19 4 4-1
- 14 North Water Street 9/17/1991 $0 0.1 Antique 2,986 0.17 7 4-1
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 3 Whalers Lane $0 0.1 Antique 2,649 0.13 10 4-
- 3 Academy Lane 5/8/2015 $0 0.1 Antique 2,312 0.11 5 4-1
- 47 Center Street 11/12/2014 $2,700,000 0.1 Antique 2,360 0.07 3 3-1
- 65 Main Street 11/24/1997 $0 0.1 Finan Inst. 8,380 0.12 0 2-
- 10 Gay Street 6/28/2021 $2,900,000 0.1 B+B/Inn 4,212 0.1 5 9-1
- 11 Liberty Street 3/13/2019 $2,195,000 0.1 Antique 1,292 0.09 2 2-1
- 31 India Street 4/15/2021 $2,033,333 0.1 B+B/Inn 3,675 0.09 10 10-
- 2 South Beach Street 6/28/2019 $4,150,000 0.1 Store 5,771 0.13 2 3-
- 10 Academy Lane 8/13/2016 $2,500,000 0.1 Antique 2,328 0.11 4 2-
- 4 Liberty Street $0 0.1 Antique 2,507 0.07 5 2-
- 69 Main Street $0 0.1 Mansion 5,864 0.22 5 5-1
- 13 Quince Street 12/22/1995 $0 0.1 Custom Built 1,456 0.05 4 2-1
- 18 Hussey Street 11/7/2022 $0 0.1 Colonial 2,130 0.08 4 3-
- 11 North Water Street 12/13/2023 $7,515,000 0.1 B+B/Inn 6,909 0.17 17 16-
- 5 Academy Lane 3/31/2021 $0 0.1 Antique 1,578 0.06 3 2-
- 15 Liberty Street 10/15/2009 $0 0.1 Antique 2,664 0.07 5 2-1
- 28 India Street 1/7/2022 $0 0.1 Antique 4,568 0.28 5 4-1
- 15 Gay Street 2/10/1992 $425,000 0.1 Antique 2,067 0.06 3 2-
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
- 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
- 15 Quince Street 11/2/2020 $2,130,000 0.1 Antique 2,728 0.06 6 3-1
- 33 India Street 9/25/2001 $1,625,000 0.1 Antique 3,448 0.1 5 5-1
- 12 Gay Street 8/13/2013 $0 0.1 Antique 2,651 0.08 4 3-
- 10 Broad Street 2/11/2022 $0 0.1 Store 3,087 0.05 0 1-
- 2 Church Court $0 0.1 Colonial 3,686 0.15 3 4-1
- 16 Quince Street 6/13/2011 $1,275,000 0.1 Antique 1,804 0.06 4 2-1
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 19 Hussey Street 8/29/2008 $1,700,000 0.1 Outbuildings 0.02 -
- 13 North Water Street 8/8/2006 $0 0.1 Antique 2,475 0.11 4 4-
- 73 Main Street 11/18/2013 $0 0.1 Antique 2,536 0.1 5 4-1
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 3 Step Lane 3/7/2019 $4,148,004 0.1 B+B/Inn 7,463 0.19 20 9-
- 49 Center Street 11/30/2004 $115,000 0.1 B+B/Inn 4,146 0.1 10 11-
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 17 Gay Street 7/1/1997 $0 0.1 Antique 1,982 0.06 4 3-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 5-A Step Lane Unit 5A 6/16/2016 $0 0.1 Condominium 1,620 0 2 2-
- 5-B Step Lane Unit 5B 9/21/2016 $0 0.1 Condominium 1,458 0 3 3-
- 12 Academy Lane 12/18/2020 $2,100,000 0.1 Antique 1,792 0.1 4 3-
- 17 Liberty Street 12/29/2005 $0 0.1 Antique 2,950 0.13 4 2-1
- 20 Hussey Street 8/15/2022 $0 0.1 Antique 2,634 0.11 5 4-1
- 54 Main Street 1/4/2008 $3,200,000 0.1 Store 1,680 0.03 0 3-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 9 Academy Lane 10/1/1998 $0 0.1 Colonial 833 0.12 3 3-1
Averages 5206 days $4,256,986 0.08 --- 3,350 0.1 --- ---  
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
4231 5 5 Chestnut Street