1 Chestnut Street, Nantucket, MA 02554

1 Chestnut Street Nantucket MA 02554
Owner Information
Owner 1
Michael A Molinar
Owner 2
Owner's Address
99 Orange St Nantucket, MA 02554
Market Sale Information
Most recent sale date
10/2/1998
Previous sale date
01/01/1974
Transfer document #
00594-0203
Previous transfer document
00144-0260
Grantor
Thomas B McGlinn
Previous grantor
Most recent sale price
$1,100,000.00
Previous sale price
$0.00
Site Information
Property ID
4231-7
Lot Size
0.13
Use Code
322 - Discount and Department Stores
Zoning
CDT
Building Style
Store
Number of Rooms
Stories
2.5
Number of Beds
0
Year Built
1920
Number of full baths
2
Condition
Number of half baths
Finished Area
3031
Number of Kitchen
Gross Living Area
7253
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
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
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$2,266,300.00
Total value
$3,762,800.00
Building value
$1,496,500.00
Estimated tax
$19,942.00
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 1 Chestnut Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $362.92 Style Store Age 1920 Rooms Bedrooms 0 Full baths 2 Half baths Gross Living Area 7253 Heating Fuel Hot Water Detached Garage Lot Size 0.13 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,496,500.00 AEM Value - Land $2,266,300.00 AEM Value - Other $0.00 AEM Value - Total $3,762,800.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Chestnut Street 10/2/1998 $1,100,000 0 Store 3,031 0.13 0 2- -
  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
  • 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
@ 1 Chestnut Street 10/2/1998 $1,100,000 0 Store 3,031 0.13 0 2- -
  Criteria
A 20 Federal Street 12/15/2006 $3,390,000 0.0 Aptovrret/Off 3,256 0.09 1 2-
B 3 Chestnut Street 4/10/1987 $0 0.0 B+B/Inn 3,594 0.11 5 9-
C 18 Broad Street 1/6/2000 $0 0.0 Store 1,993 0.06 0 2-
D 20 Broad Street 12/11/1997 $740,000 0.0 Restaurant 2,292 0.06 0 3-
E 22 Federal Street 2/18/2014 $2,250,000 0.0 Restaurant 3,073 0.08 0 2-
F 2 Chestnut Street 4/16/2021 $4,100,000 0.0 B+B/Inn 5,752 0.08 8 8-
G 22 Broad Street 12/22/1992 $472,000 0.0 Aptovrret/Off 2,806 0.06 5 3-
H 18 Federal Street 9/21/2005 $15,473,000 0.0 Aptovrret/Off 3,084 0.05 3 3-
I 5 Chestnut Street 12/29/2017 $2,750,000 0.0 B+B/Inn 3,587 0.04 8 8-
J 33 Center Street 12/29/2017 $2,750,000 0.0 B+B/Inn 3,036 0.06 5 9-
K 24 Broad Street $0 0.0 Restaurant 3,585 0.07 0 3-
L 16 Federal Street 2/26/2021 $2,597,000 0.0 Conventional 1,547 0.06 3 2-1
M 31 Center Street 4/16/2021 $38,500,000 0.0 B+B/Inn 4,968 0.13 5 15-
N 35 Center Street 2/22/2010 $1,400,000 0.0 Store 1,792 0.04 0 1-
O 14 Federal Street 9/21/2005 $15,473,000 0.0 Store 2,841 0.07 0 2-
P 37 Center Street 7/15/2004 $0 0.0 Office Bldg 2,012 0.03 0 2-
Q 23 Federal Street 7/2/2018 $3,200,000 0.0 Office Bldg 2,514 0.03 0 2-
R 19 Broad Street 5/16/2022 $5,395,540 0.0 Antique 2,416 0.08 4 3-
S 25 Broad Street 3/10/2016 $0 0.0 Aptovrret/Off 2,648 0.05 3 5-
T 7 India Street 2/8/2008 $0 0.0 Aptovrret/Off 1,675 0.06 4 3-
U 17 Broad Street 6/27/2014 $2,925,000 0.0 Hotel 7,845 0.12 16 20-
V 9 India Street 8/16/2019 $3,700,000 0.0 Restaurant 3,067 0.07 5 3-
W 38 Center Street 1/31/2019 $2,500,000 0.0 Store 2,881 0.03 1 3-
X 21 Broad Street 6/27/2013 $3,050,000 0.0 B+B/Inn 13,685 0.18 5 7-
Y 16 Broad Street $0 0.0 City/Town Hall 13,364 0.26 0 4-
Z 20 South Water Street $0 0.0 Police Station 5,153 0.3 0 2-
- 36 Center Street 3/4/1988 $0 0.0 Office Bldg 1,358 0.03 0 2-
- 5 India Street 10/2/2014 $0 0.0 Store 1,933 0.06 0 2-
- 21 Federal Street 9/21/2005 $15,473,000 0.0 Restaurant 4,520 0.07 0 3-
- 2-E Chestnut Street 9/21/2005 $15,473,000 0.0 Restaurant 662 0.03 0 2-
- 12 Federal Street 10/15/2021 $7,200,000 0.0 Restaurant 5,771 0.12 0 3-
- 23 Broad Street 6/30/2021 $7,888,000 0.0 Restaurant 8,232 0.23 11 5-
- 34 Center Street 4/28/2009 $1,570,000 0.0 Aptovrret/Off 3,545 0.06 2 3-
- 4 North Water Street 6/22/2023 $5,650,000 0.1 Aptovrret/Off 2,410 0.18 1 2-
- 32 Center Street 7/28/1994 $0 0.1 Aptovrret/Off 6,200 0.12 2 1-1
- 3 Hussey Street 11/4/1988 $450,000 0.1 B+B/Inn 2,621 0.08 5 4-
- 4-E Chestnut Street 6/12/2012 $0 0.1 Aptovrret/Off 2,475 0.05 6 3-
- 3 India Street $0 0.1 Library 7,946 0.12 0 2-
- 6 Oak Street 6/15/2022 $0 0.1 Restaurant 616 0.03 0 2-
- 27 Broad Street 7/8/2004 $8,000,001 0.1 B+B/Inn 5,850 0.2 5 9-
- 2 Quince Street 10/7/2003 $990,000 0.1 Antique 1,258 0.04 2 2-
- 40-B Center Street 8/15/2016 $0 0.1 Condominium 388 0 1 1-
- 2 Hussey Street 9/7/2011 $865,000 0.1 Conventional 1,260 0.03 2 2-1
- 46 Center Street 10/22/2002 $2,100,000 0.1 Aptovrret/Off 3,702 0.09 3 2-
- 2 Ash Lane 12/29/2020 $1,975,000 0.1 Antique 2,112 0.05 4 3-
- 3-B Hussey Street 1/22/2015 $0 0.1 Cottage 588 0.02 1 1-
- 48 Center Street 1/4/2019 $2,150,000 0.1 Aptovrret/Off 3,316 0.07 7 5-1
- 25 Center Street 6/22/2005 $55,000,000 0.1 Store 2,779 0.11 0 2-
- 13 India Street 1/4/2007 $1,995,000 0.1 Antique 1,088 0.1 2 2-1
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 4 India Street 12/30/2008 $0 0.1 Store 4,575 0.05 3 2-
- 6 Ash Lane 6/22/1998 $776,000 0.1 Aptovrret/Off 2,198 0.1 3 3-
- 50 Center Street 7/8/2004 $8,000,001 0.1 Vacant Land 0.09 -
- 4 Hussey Street 11/9/2022 $0 0.1 Bungalow 648 0.04 2 1-
- 28 Center Street 1/4/2012 $0 0.1 Aptovrret/Off 3,889 0.05 0 3-
- 29 Broad Street 7/8/2004 $8,000,001 0.1 Hotel 18,233 0.46 31 31-
- 2 India Street $0 0.1 Aptovrret/Off 2,663 0.06 2 3-
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 15 India Street 11/17/2005 $0 0.1 Antique 2,885 0.09 5 3-1
- 10 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,990 0.07 0 2-
- 5 Hussey Street 1/31/2000 $0 0.1 Antique 1,987 0.1 4 3-
- 4 Quince Street 4/6/2015 $2,337,500 0.1 Antique 2,268 0.08 4 2-1
- 10 India Street 5/25/2023 $2,800,000 0.1 Aptovrret/Off 1,392 0.03 0 3-
- 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
- 2 Ash Street 2/12/2018 $1,350,000 0.1 Antique 1,492 0.05 3 2-1
- 15 Broad Street $0 0.1 Museum 29,905 0.61 0 2-
- 22 Center Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,312 0.07 0 3-
- 4 Ash Street 3/14/2018 $0 0.1 Antique 2,964 0.07 4 4-
- 17 India Street $0 0.1 Antique 3,712 0.14 5 3-
- 23 South Water Street $0 0.1 Store 8,083 0.15 0 3-
- 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
- 7 Center Street 9/18/2008 $0 0.1 Retail Condo 920 0 0 2-
- 8 Federal Street 7/1/1985 $0 0.1 Office Bldg 1,666 0.07 0 2-
- 8 Ash Street 10/15/2021 $4,395,000 0.1 Antique 4,615 0.13 5 2-3
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 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-
- 12 India Street 1/12/1996 $882,500 0.1 Antique 2,930 0.12 4 3-1
- 4 Gay Street-Lot 19 1/29/1996 $0 0.1 Antique 4,280 0.12 5 7-
- 7 Hussey Street 9/4/2012 $3,000,000 0.1 Antique 5,859 0.15 7 7-1
- 4 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,197 0.03 0 2-
- 19 India Street 11/5/2019 $0 0.1 Antique 3,268 0.16 4 3-1
- 52 Center Street 9/29/2021 $0 0.1 Antique 2,894 0.09 5 4-
- 47-R Main Street 11/13/2015 $3,700,000 0.1 Vacant Land 0.07 -
- 20 Center Street 6/22/2005 $55,000,000 0.1 B+B/Inn 4,425 0.13 9 6-
- 10 Ash Street 12/27/1995 $0 0.1 Antique 2,436 0.11 4 2-1
- 54 Center Street 9/30/2011 $2,450,000 0.1 Antique 2,668 0.08 3 3-1
- 1 Ash Street 1/19/2022 $0 0.1 Antique 2,646 0.06 6 4-
- 14 Center Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,689 0.05 0 2-
- 7 North Water Street 3/25/2016 $1,425,000 0.1 Antique 2,398 0.11 6 3-
- 16 India Street 7/16/1991 $0 0.1 Colonial 2,326 0.32 3 3-1
- 3 Quince Street 9/27/2017 $2,796,101 0.1 Antique 2,368 0.12 4 3-
- 21 India Street 10/6/2015 $0 0.1 Antique 2,455 0.12 3 3-
- 5 Center Street 6/22/2005 $55,000,000 0.1 Commercial 570 0.01 0 0-
- 2 South Beach Street 6/28/2019 $4,150,000 0.1 Store 5,771 0.13 2 3-
- 8 Quince Street 12/11/2015 $0 0.1 Antique 1,572 0.06 2 3-
- 3 Whalers Lane $0 0.1 Antique 2,649 0.13 10 4-
- 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-
- 12 North Water Street 11/7/2014 $1,572,000 0.1 Antique 1,594 0.09 4 2-
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 3 Rose Lane 6/12/1992 $255,000 0.1 Ranch 1,296 0.1 3 2-
- 9 Hussey Street 9/4/2012 $795,000 0.1 Vacant Land 0.12 -
- 9 North Water Street 4/21/2017 $2,500,000 0.1 B+B/Inn 3,528 0.09 5 8-
- 10 Broad Street 2/11/2022 $0 0.1 Store 3,087 0.05 0 1-
- 43 Center Street 5/24/2019 $0 0.1 Antique 3,059 0.09 8 4-1
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 5 Ash Street 3/6/2017 $3,725,000 0.1 Antique 3,977 0.11 5 5-2
- 53 Main Street 2/4/2021 $4,000,000 0.1 Office Bldg 4,017 0.04 0 2-
- 45 Main Street 6/1/1984 $400,000 0.1 Store 2,770 0.04 0 2-
- 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-
- 35 Main Street 12/20/2012 $3,600,000 0.1 Aptovrret/Off 2,750 0.04 2 2-
- 23 India Street 12/28/1998 $0 0.1 Antique 2,530 0.12 5 4-
- 47 Main Street 10/10/2007 $4,500,000 0.1 Store 3,570 0.03 0 2-
- 56 Center Street 9/16/2011 $3,280,000 0.1 Office Bldg 6,749 0.23 -
- 33 Main Street 10/26/2012 $4,500,000 0.1 Store 3,150 0.03 1 2-
- 51 Main Street 11/13/2015 $3,700,000 0.1 Store 2,852 0.03 0 2-
- 57 Main Street $125,000 0.1 Office Bldg 3,250 0.04 0 1-
- 4 Gay Street 10/23/2023 $4,450,000 0.1 Cape Cod 1,827 0.06 3 3-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 5 Rose Lane 12/31/2002 $0 0.1 Antique 2,012 0.09 3 3-1
- 5 Gay Street 10/19/1987 $0 0.1 Antique 3,026 0.12 5 3-
- 5 Quince Street 12/23/1998 $0 0.1 Antique 3,428 0.1 5 4-
- 2 Center Street 7/28/2023 $2,850,000 0.1 Churches 8,020 0.19 0 2-
- 18 India Street 6/24/2019 $0 0.1 Antique 3,328 0.1 3 2-1
- 8 Broad Street 12/30/1993 $0 0.1 Aptovrret/Off 1,596 0.02 1 1-1
- 10 Hussey Street 4/15/2021 $4,066,666 0.1 B+B/Inn 4,681 0.08 5 9-
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 11 North Water Street 12/13/2023 $7,515,000 0.1 B+B/Inn 6,909 0.17 17 16-
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 14 North Water Street 9/17/1991 $0 0.1 Antique 2,986 0.17 7 4-1
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 1 Liberty Street 7/17/1991 $0 0.1 Antique 2,941 0.08 4 2-
- 45 Center Street 8/7/1998 $0 0.1 Antique 3,179 0.1 5 4-
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 25 India Street 10/1/2020 $3,750,000 0.1 Antique 3,925 0.1 5 5-
- 4 Step Lane 11/14/2019 $0 0.1 Antique 3,249 0.19 6 5-1
- 1 Academy Lane 3/6/2003 $2,287,500 0.1 Antique 4,116 0.13 5 4-1
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 11 Hussey Street 7/24/2020 $4,622,500 0.1 Antique 3,355 0.14 6 6-
- 20 India Street 7/7/2020 $0 0.1 Antique 3,170 0.26 5 6-1
- 6 Gay Street 1/29/1993 $370,000 0.1 Antique 2,572 0.09 5 4-
- 10 Quince Street 9/10/2021 $3,495,000 0.1 Antique 3,579 0.18 5 3-1
- 58 Center Street 9/10/2020 $4,350,000 0.1 Custom Built 2,916 0.17 4 3-1
- 7 Gay Street 11/6/1992 $0 0.1 Antique 1,136 0.07 3 1-1
- 4 South Beach Street $0 0.1 Vacant Land 0.62 -
- 12 Hussey Street 12/1/2023 $4,595,000 0.1 Antique 2,801 0.09 5 2-1
- 5 Liberty Street 11/21/2017 $0 0.1 Antique 2,526 0.2 5 4-1
- 13 North Water Street 8/8/2006 $0 0.1 Antique 2,475 0.11 4 4-
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 11 Rose Lane 10/6/2009 $0 0.1 Cape Cod 1,746 0.17 3 2-
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 65 Main Street 11/24/1997 $0 0.1 Finan Inst. 8,380 0.12 0 2-
- 47 Center Street 11/12/2014 $2,700,000 0.1 Antique 2,360 0.07 3 3-1
- 3 Sea Street 6/27/2014 $720,000 0.1 Gar/Apt Res 390 0.15 2 1-
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 27 India Street 11/30/2000 $1,375,000 0.1 Antique 2,379 0.11 3 3-
- 4 Academy Lane 12/31/2012 $0 0.1 Antique 2,543 0.08 5 2-1
- 6 Academy Lane 12/31/2012 $0 0.1 Antique 1,722 0.05 2 2-
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 60 Center Street 6/20/2013 $0 0.1 Antique 3,044 0.19 4 4-1
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 7 Sea Street 2/8/2013 $0 0.1 B+B/Inn 4,588 0.12 10 10-
- 9 Gay Street 5/17/2023 $3,747,562 0.1 Antique 2,388 0.07 4 4-1
- 24 India Street 7/26/2005 $0 0.1 Colonial 2,067 0.19 3 2-1
- 5-A South Water Street 10/22/1997 $0 0.1 Retail Condo 687 0 0 0-
- 3 Step Lane 3/7/2019 $4,148,004 0.1 B+B/Inn 7,463 0.19 20 9-
- 8 Gay Street 12/19/2012 $0 0.1 Outbuildings 0.12 -
- 9 Liberty Street 7/30/2018 $3,350,000 0.1 Antique 2,345 0.09 5 3-1
- 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
- 54 Main Street 1/4/2008 $3,200,000 0.1 Store 1,680 0.03 0 3-
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
- 50 Main Street 2/4/1999 $2,250,000 0.1 Store 2,360 0.03 0 2-
- 48 Main Street 3/1/1999 $0 0.1 Store 2,320 0.03 0 2-
- 46 Main Street 5/14/1998 $0 0.1 Store 555 0.02 0 2-
- 69 Main Street $0 0.1 Mansion 5,864 0.22 5 5-1
- 5 Sea Street 7/1/2014 $0 0.1 Colonial 1,200 0.03 2 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-
- 8 Academy Lane 6/13/2000 $0 0.1 Antique 1,470 0.05 4 2-
- 3 Academy Lane 5/8/2015 $0 0.1 Antique 2,312 0.11 5 4-1
- 14 Hussey Street 11/8/2022 $5,195,000 0.1 Antique 2,881 0.14 5 4-1
Averages 5328 days $4,812,862 0.08 --- 3,380 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 7 1 Chestnut Street