5 Chester Street, Nantucket, MA 02554

5 Chester Street Nantucket MA 02554
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Owner Information
Owner 1
Chester Smiley LLC
Owner 2
Owner's Address
C/O Core Investments Inc, 800 Boylston St 30Th Fl Boston, MA 02199
Market Sale Information
Most recent sale date
1/4/2016
Previous sale date
02/29/2000
Transfer document #
01517-0301
Previous transfer document
00653-0055
Grantor
Colette M Abbott
Previous grantor
Collette M Abbott
Most recent sale price
$1,600,000.00
Previous sale price
$225,000.00
Site Information
Property ID
4243-17
Lot Size
0.1
Use Code
101 - Residential, single family
Zoning
ROH
Building Style
Antique
Number of Rooms
Stories
2
Number of Beds
4
Year Built
1800
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2088
Number of Kitchen
1
Gross Living Area
3815
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
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
$1,292,958.00
Total value
$2,468,058.00
Building value
$1,175,100.00
Estimated tax
$7,725.00
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 5 Chester Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $766.28 Style Antique Age 1800 Rooms Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 3815 Heating Fuel Hot Water Detached Garage Lot Size 0.1 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,175,100.00 AEM Value - Land $1,292,958.00 AEM Value - Other $0.00 AEM Value - Total $2,468,058.00
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) 45 West Chester Street 0.3 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
C) 25 Willard Street 0.3 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
D) 149 Main Street 0.5 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) 17 Pleasant Street 0.5 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
F) 1 Farmer Street 0.5 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
G) 35 Pleasant Street 0.6 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
H) 6 West Dover Street 0.7 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
I) 101 Orange Street 0.8 9/9/2024 $3,150,000 2,533 1.75 $1243.58 Antique 1825 4 3 1 4300 Hot Water 0.19 Wood Shingle $1,450,900 $1,018,100 $0 $2,469,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Chester Street 1/4/2016 $1,600,000 0 Antique 2,088 0.1 4 2-1 -
  Criteria
A 33 West Chester Street 6/26/2024 $2,825,000 0.2 Bungalow 1,577 0.14 3 2-
B 45 West Chester Street 4/17/2024 $3,200,000 0.3 Conventional 1,972 0.14 4 3-
C 25 Willard Street 9/17/2024 $5,650,000 0.3 Conventional 1,993 0.46 5 5-1
D 149 Main Street 5/17/2024 $4,225,000 0.5 Conventional 1,698 0.14 3 1-1
E 17 Pleasant Street 7/5/2024 $3,715,000 0.5 Antique 2,100 0.09 2 3-
F 1 Farmer Street 5/10/2024 $3,600,000 0.5 Antique 2,430 0.06 3 3-1
G 35 Pleasant Street 9/17/2024 $3,735,000 0.6 Bungalow 1,680 0.23 2 1-
H 6 West Dover Street 7/18/2024 $2,130,000 0.7 Antique 2,321 0.14 4 1-
I 101 Orange Street 9/9/2024 $3,150,000 0.8 Antique 2,533 0.19 4 3-1
Averages 81 days $3,581,111 0.51 --- 2,034 0.18 --- ---  

Estimation of Market Value - $3,589,062

As of today, 09/27/2024, the estimated market value of 5 Chester Street, Nantucket considering the above 9 comparable properties is $3,589,062.

 

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 Chester Street 1/4/2016 $1,600,000 0 Antique 2,088 0.1 4 2-1 -
  Criteria
A 65 Center Street 5/11/2021 $6,250,000 0.0 Colonial 3,339 0.11 5 4-3
B 1 Chester Street 2/5/2021 $2,275,000 0.0 Antique 3,467 0.12 6 4-1
C 8 Chester Street 1/18/2019 $2,550,000 0.0 B+B/Inn 3,058 0.07 5 8-
D 6 Cliff Road 1/9/2009 $0 0.0 Antique 2,511 0.1 3 3-1
E 67 Center Street 6/23/2017 $0 0.0 Antique 1,053 0.09 2 2-
F 6 Chester Street 2/5/2018 $0 0.0 Antique 2,616 0.11 4 4-
G 1 West Chester Street 9/12/2016 $1,795,000 0.0 Antique 2,024 0.12 4 2-1
H 2 Cliff Road 4/13/2012 $3,265,000 0.0 Antique 2,977 0.12 5 5-1
I 82 Center Street 3/17/2021 $1,525,000 0.0 Antique 1,542 0.11 4 4-
J 8 Cliff Road 6/1/2021 $1,115,000 0.0 Condominium 837 0 2 2-
K 8-C Cliff Road 6/27/2013 $620,000 0.0 Condominium 958 0 2 2-
L 8-D Cliff Road 11/22/2021 $1,550,000 0.0 Condominium 890 0 2 2-
M 8-E Cliff Road 7/30/1996 $300,000 0.0 Condominium 989 0 1 2-
N 8-F Cliff Road 2/24/2006 $750,000 0.0 Condominium 622 0 1 1-
O 8-A Cliff Road 4/3/2017 $993,800 0.0 Condominium 1,112 0 2 3-
P 80 Center Street 5/27/2016 $0 0.0 Restaurant 2,764 0.1 2 3-
Q 6 Gull Island Lane 10/15/2019 $1,620,000 0.0 Antique 2,732 0.11 4 6-2
R 78 Center Street 11/22/2019 $4,450,000 0.0 B+B/Inn 4,463 0.13 10 10-1
S 84 Center Street 4/16/2021 $3,925,000 0.0 Custom Built 2,601 0.07 4 3-1
T 61 Center Street 12/20/2021 $6,337,500 0.0 B+B/Inn 5,681 0.24 5 9-
U 4 Chester Street 12/7/2021 $0 0.0 Colonial 2,101 0.05 4 4-1
V 10-B Cliff Road 1/3/2020 $5,300,000 0.0 B+B/Inn 4,744 0.09 5 18-1
W 10-A Cliff Road 10/1/2020 $1,000,000 0.0 Colonial 1,132 0.03 3 3-
X 5 Cliff Road 5/29/2003 $0 0.0 Antique 1,975 0.07 4 3-
Y 8 Gull Island Lane 10/14/2022 $4,125,000 0.0 Antique 2,487 0.11 3 4-
Z 3 Cliff Road 3/26/2010 $805,000 0.0 Antique 4,203 0.12 5 4-1
- 76-A Center Street 3/16/2022 $1,235,000 0.0 Condominium 716 0 1 1-
- 7 Cliff Road 1/30/1997 $525,000 0.0 Colonial 4,309 0.16 4 3-
- 59 Center Street 3/31/2015 $105,000 0.0 Antique 2,506 0.17 5 3-1
- 2 Kite Hill Lane 5/18/2020 $3,400,000 0.0 Antique 2,871 0.55 5 5-
- 9 Cliff Road 9/9/2019 $3,900,000 0.0 B+B/Inn 5,278 0.17 5 9-
- 40 Lily Street 1/20/1989 $650,000 0.0 Antique 4,094 0.27 6 5-
- 89 Easton Street 7/31/2023 $5,000,000 0.1 Antique 4,750 0.13 10 8-
- 4 North Avenue 12/17/2012 $0 0.1 Conventional 1,418 0.06 3 2-
- 7 West Chester Street 5/25/2023 $1,600,000 0.1 Conventional 788 0.06 2 1-
- 36-B Lily Street 2/14/2017 $2,900,000 0.1 Resid Barn 600 0.12 1 1-
- 72 Center Street 3/28/2013 $0 0.1 Antique 2,456 0.07 3 3-1
- 9 West Chester Street 11/8/2017 $2,000,000 0.1 Antique 3,301 0.1 6 6-1
- 57 Center Street 11/4/2004 $2,249,000 0.1 Antique 2,510 0.12 4 3-
- 28 North Water Street 10/1/2021 $2,515,000 0.1 Antique 2,462 0.1 4 3-
- 70 Center Street 3/28/2013 $0 0.1 Antique 2,194 0.09 3 3-1
- 11 Cliff Road 9/13/2017 $8,000,000 0.1 Antique 6,899 0.63 8 9-
- 35 Lily Street 11/5/2021 $0 0.1 Antique 3,485 0.38 5 4-1
- 12 Cliff Road 8/4/2015 $0 0.1 Antique 4,387 0.09 7 7-
- 26 North Water Street 5/8/2018 $4,000,000 0.1 B+B/Inn 5,455 0.13 5 9-
- 68 Center Street 5/2/1994 $620,000 0.1 Antique 3,073 0.15 5 4-1
- 55 Center Street 10/29/2003 $2,300,000 0.1 Antique 1,931 0.16 4 3-1
- 5 North Avenue 12/27/2006 $1,640,000 0.1 Antique 1,939 0.21 3 2-
- 32 Lily Street 6/17/1994 $548,000 0.1 Antique 2,486 0.14 4 4-
- 36 Lily Street 2/10/2021 $2,250,000 0.1 Vacant Land 0.42 -
- 13 Cliff Road 10/25/2019 $0 0.1 Antique 3,976 0.45 5 4-
- 7 Gull Island Lane 6/1/2009 $0 0.1 Antique 3,920 1.9 5 5-
- 1 Kite Hill Lane 9/5/2024 $2,925,000 0.1 Antique 893 0.05 2 2-1
- 31 Lily Street 8/11/1999 $0 0.1 Antique 2,412 0.11 5 3-
- 66 Center Street 7/30/2018 $3,550,000 0.1 B+B/Inn 5,630 0.15 6 10-
- 5 Kite Hill Lane 4/11/2016 $3,590,000 0.1 Colonial 2,914 0.31 4 5-1
- 24 North Water Street 10/19/2020 $0 0.1 Antique 3,006 0.18 5 5-
- 53 Center Street 10/15/2021 $4,950,000 0.1 Antique 4,269 0.15 5 2-1
- 13 West Chester Street 10/12/2021 $0 0.1 Cape Cod 1,512 0.14 4 2-
- 3 Kite Hill Lane 6/13/2011 $0 0.1 Antique 2,316 0.12 3 4-
- 29 North Water Street 2/6/2008 $0 0.1 Hotel 4,488 0.37 6 -
- 9 North Avenue 2/28/2001 $850,000 0.1 Colonial 2,496 0.27 4 4-1
- 77 Easton Street 1/7/2012 $2,825,000 0.1 Hotel 37,937 1.27 36 43-
- 28 Lily Street 10/10/2018 $3,895,000 0.1 Antique 3,896 0.51 5 4-2
- 15 Cliff Road 4/23/2021 $8,100,000 0.1 Custom Built 4,134 0.46 5 6-1
- 29 Lily Street 6/5/2015 $1,769,000 0.1 Antique 1,949 0.08 3 3-1
- 51-B Center Street 10/15/2002 $985,000 0.1 Colonial 2,087 0.14 3 2-1
- 6 West Chester Street 3/12/1997 $0 0.1 Cape Cod 1,040 0.34 2 1-1
- 8 West Chester Street 9/10/2021 $0 0.1 Antique 2,594 0.17 5 4-
- 16 Cliff Road 10/4/2018 $5,050,000 0.1 Antique 3,999 0.35 5 4-1
- 62 Center Street $0 0.1 Churches 19,137 0.76 0 2-
- 25 North Water Street 4/7/2023 $3,945,000 0.1 Antique 2,447 0.12 3 2-1
- 64 Center Street $0 0.1 Antique 2,872 0.14 3 1-1
- 15 West Chester Street 6/4/1992 $0 0.1 Conventional 760 0.14 2 2-
- 17 Cliff Road 8/24/2022 $0 0.1 Antique 3,912 0.15 5 4-1
- 3 North Avenue 11/30/2012 $1,250,000 0.1 Resid Barn 2,352 0.94 4 3-1
- 27 Lily Street 2/24/1988 $0 0.1 Antique 2,611 0.09 4 2-
- 51 Center Street 11/15/1991 $720,000 0.1 Antique 3,556 0.26 5 4-
- 23 North Water Street $0 0.1 Antique 2,912 0.13 3 2-1
- 0 North Avenue $0 0.1 Vacant Land 0.12 -
- 2 Folger Lane 4/16/2015 $0 0.1 Bungalow 968 0.2 3 1-1
- 20 West Chester Street 6/17/2024 $6,995,000 0.1 Custom Built 3,287 0.28 4 4-2
- 49 Center Street 11/30/2004 $115,000 0.1 B+B/Inn 4,146 0.1 10 11-
- 25 Lily Street 11/12/2008 $0 0.1 Antique 1,563 0.07 4 2-1
- 11 North Avenue 2/28/2001 $850,000 0.1 Vacant Land 1 -
- 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-
- 7 Academy Lane 6/2/2014 $5,992,500 0.1 Antique 4,014 0.48 6 6-
- 21 Cliff Road 3/2/2011 $0 0.1 Antique 5,531 0.42 5 5-2
- 18 Cliff Road 9/22/2020 $5,100,000 0.1 Custom Built 4,337 0.18 5 5-1
- 2 Church Court $0 0.1 Colonial 3,686 0.15 3 4-1
- 20 North Water Street 3/7/2019 $3,191,996 0.1 B+B/Inn 4,352 0.13 14 12-
- 60 Center Street 6/20/2013 $0 0.1 Antique 3,044 0.19 4 4-1
- 47 Center Street 11/12/2014 $2,700,000 0.1 Antique 2,360 0.07 3 3-1
- 23 Lily Street 6/2/2004 $0 0.1 Antique 4,891 0.22 4 3-1
- 0 North Avenue 12/30/1999 $0 0.1 Vacant Land 0.42 -
- 21 West Chester Street 7/1/2022 $5,411,000 0.1 Antique 2,483 0.14 4 4-1
- 3 Step Lane 3/7/2019 $4,148,004 0.1 B+B/Inn 7,463 0.19 20 9-
- 75 Easton Street 9/12/2012 $0 0.1 Bungalow 800 0.18 2 1-
- 6 Folger Lane 10/28/2016 $0 0.1 Colonial 3,182 0.15 4 4-1
- 20 Cliff Road 5/9/2023 $5,100,000 0.1 Antique 3,583 0.15 5 4-1
- 9 Academy Lane 10/1/1998 $0 0.1 Colonial 833 0.12 3 3-1
- 11 Academy Lane 12/6/2021 $0 0.1 Antique 2,994 0.15 5 2-
- 84 Easton Street 5/30/2000 $0 0.1 Conventional 1,472 0.15 4 2-
- 5 Academy Lane 3/31/2021 $0 0.1 Antique 1,578 0.06 3 2-
- 24 West Chester Street 3/18/2005 $4,350,000 0.1 Cape Cod 3,529 1.12 3 3-
- 13 Academy Lane 11/21/2022 $2,500,000 0.1 Cape Cod 1,775 0.12 2 2-
- 3 Academy Lane 5/8/2015 $0 0.1 Antique 2,312 0.11 5 4-1
- 3 Folger Lane 9/1/2005 $2,950,000 0.1 Colonial 5,272 0.13 5 6-1
- 6 Kite Hill Lane 2/25/2022 $7,550,000 0.1 Colonial 4,498 0.29 5 4-1
- 45 Center Street 8/7/1998 $0 0.1 Antique 3,179 0.1 5 4-
- 58 Center Street 9/10/2020 $4,350,000 0.1 Custom Built 2,916 0.17 4 3-1
- 73 Easton Street 9/12/2012 $0 0.1 Cottage 800 0.12 2 1-
Averages 4044 days $1,784,919 0.07 --- 3,210 0.21 --- ---  
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
4243 17 5 Chester Street