3 Chatham Road, Nantucket, MA 02554

Owner Information
Owner 1
3 Chatham Road LLC
Owner 2
Owner's Address
3 Chatham Rd Nantucket, MA 02554
Market Sale Information
Most recent sale date
9/4/2014
Previous sale date
06/30/2004
Transfer document #
C0025316-
Previous transfer document
C0021309-0
Grantor
Matthew P Dwyer
Previous grantor
Philip J Minella
Most recent sale price
$1,720,000.00
Previous sale price
$1,475,000.00
Site Information
Property ID
54-135
Lot Size
0.21
Use Code
101 - Residential, single family
Zoning
VR
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
4
Year Built
2000
Number of full baths
4
Condition
Number of half baths
1
Finished Area
2689
Number of Kitchen
1
Gross Living Area
5548
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
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
$1,954,900.00
Total value
$3,550,400.00
Building value
$1,595,500.00
Estimated tax
$11,112.00
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 3 Chatham Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $639.64 Style Colonial Age 2000 Rooms Bedrooms 4 Full baths 4 Half baths 1 Gross Living Area 5548 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.21 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,595,500.00 AEM Value - Land $1,954,900.00 AEM Value - Other $0.00 AEM Value - Total $3,550,400.00
A) 7 Falcon Court 0.8 4/19/2024 $2,475,000 2,568 2 $963.79 Colonial 1998 3 4 5252 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,199,500 $484,500 $0 $1,684,000
B) 8 Curlew Court 0.9 2/15/2024 $2,175,000 2,064 2 $1053.78 Colonial 1995 3 2 1 3014 Hot Water 0.11 Asph/F Gls/Cmp $863,000 $483,900 $0 $1,346,900
C) 45 Fair Street 0.9 5/8/2024 $4,800,000 2,854 2 $1681.85 Custom Built 1983 4 4 1 3552 Hot Water 0.07 Wood Shingle $2,636,200 $1,213,000 $0 $3,849,200
D) 1 Farmer Street 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Chatham Road 9/4/2014 $1,720,000 0 Colonial 2,689 0.21 4 4-1 -
  Criteria
A 7 Falcon Court 4/19/2024 $2,475,000 0.8 Colonial 2,568 0.12 3 4-
B 8 Curlew Court 2/15/2024 $2,175,000 0.9 Colonial 2,064 0.11 3 2-1
C 45 Fair Street 5/8/2024 $4,800,000 0.9 Custom Built 2,854 0.07 4 4-1
D 1 Farmer Street 5/10/2024 $3,600,000 1.0 Antique 2,430 0.06 3 3-1
Averages 82 days $3,262,500 0.90 --- 2,479 0.09 --- ---  

Estimation of Market Value - $4,259,425

As of today, 07/04/2024, the estimated market value of 3 Chatham Road, Nantucket considering the above 4 comparable properties is $4,259,425.

 

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
@ 3 Chatham Road 9/4/2014 $1,720,000 0 Colonial 2,689 0.21 4 4-1 -
  Criteria
A 1 Chatham Road 4/26/2006 $0 0.0 Ranch 940 0.34 2 1-
B 5 Monomoy Road 9/5/2012 $2,240,000 0.0 Custom Built 2,984 0.38 4 4-1
C 8 Milestone Road 6/14/2007 $0 0.0 Cape Cod 3,013 0.16 4 5-
D 5 Chatham Road 7/25/2019 $0 0.0 Colonial 2,850 0.46 4 4-1
E 1 Monomoy Road 7/21/1998 $500,000 0.0 Service Shop 1,800 0.26 0 1-
F 9 Monomoy Road 11/20/2018 $0 0.1 Ranch 2,382 0.92 3 2-1
G 4 Monomoy Road 8/30/2011 $5,335,000 0.1 Custom Built 6,962 1.75 6 6-2
H 8 Monomoy Road 8/30/2022 $0 0.1 Custom Built 4,540 2.05 5 6-1
I 11 Monomoy Road 6/14/2019 $8,100,000 0.1 Custom Built 4,164 0.69 7 4-1
J 2 Monomoy Road 5/11/2020 $0 0.1 Custom Built 5,637 1.43 5 6-1
K 2 Polpis Road-Lot 188 10/24/2001 $0 0.1 Gar/Apt Res 1,092 0.29 3 1-1
L 8 Chatham Road 5/28/2024 $10,252 0.1 Vacant Land 1.41 -
M 2 Polpis Road 10/24/2001 $0 0.1 Ranch 1,140 0.44 3 1-
N 4 Polpis Road 5/23/2006 $0 0.1 Ranch 1,869 0.46 2 2-2
O 13 Monomoy Road 9/12/2022 $0 0.1 Colonial 5,378 0.83 5 4-2
P 11 Chatham Road 4/25/2018 $0 0.1 Colonial 2,208 0.46 1 1-1
Q 6 Sandwich Road 11/18/2021 $5,100,000 0.1 Custom Built 3,207 0.46 5 4-1
R 10 Chatham Road 1/20/2022 $0 0.1 Colonial 2,284 0.47 3 2-
Averages 3737 days $1,182,514 0.07 --- 2,914 0.74 --- ---  
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
54 135 3 Chatham Road