12 Chatham Road, Nantucket, MA 02554

12 Chatham Road Nantucket MA 02554
Owner Information
Owner 1
John T Greene
Owner 2
Greene John T Rev Trust
Owner's Address
3810 N Lakewood Ave Chicago, IL 60613
Market Sale Information
Most recent sale date
7/7/2017
Previous sale date
01/08/2004
Transfer document #
C0026522-
Previous transfer document
C0021085-0
Grantor
Michael J Riley
Previous grantor
Robert R Ryder
Most recent sale price
$2,875,000.00
Previous sale price
$1,110,000.00
Site Information
Property ID
54-228
Lot Size
0.49
Use Code
101 - Residential, single family
Zoning
LUG1
Building Style
Colonial
Number of Rooms
Stories
2
Number of Beds
5
Year Built
1968
Number of full baths
4
Condition
Number of half baths
1
Finished Area
3918
Number of Kitchen
1
Gross Living Area
6812
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
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$2,232,100.00
Total value
$4,613,100.00
Building value
$2,381,000.00
Estimated tax
$14,439.00
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 12 Chatham Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $733.79 Style Colonial Age 1968 Rooms Bedrooms 5 Full baths 4 Half baths 1 Gross Living Area 6812 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.49 Roof Cover Wood Shingle AEM Value - Building $2,381,000.00 AEM Value - Land $2,232,100.00 AEM Value - Other $0.00 AEM Value - Total $4,613,100.00
A) 16 Back Street 0.8 8/29/2024 $3,295,000 2,946 1.75 $1118.47 Antique 1900 4 3 3339 Forced Air-Duc 0.12 Asph/F Gls/Cmp $1,400,300 $821,400 $0 $2,221,700
B) 25 Union Street 1.0 8/19/2024 $2,365,000 3,537 2 $668.65 Antique 1806 5 2 1 7266 Hot Water 0.14 Wood Shingle $2,507,500 $2,226,200 $0 $4,733,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 12 Chatham Road 7/7/2017 $2,875,000 0 Colonial 3,918 0.49 5 4-1 -
  Criteria
A 16 Back Street 8/29/2024 $3,295,000 0.8 Antique 2,946 0.12 4 3-
B 25 Union Street 8/19/2024 $2,365,000 1.0 Antique 3,537 0.14 5 2-1
Averages 38 days $2,830,000 0.90 --- 3,242 0.13 --- ---  

Estimation of Market Value - $3,587,279

As of today, 09/30/2024, the estimated market value of 12 Chatham Road, Nantucket considering the above 2 comparable properties is $3,587,279.

 

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
@ 12 Chatham Road 7/7/2017 $2,875,000 0 Colonial 3,918 0.49 5 4-1 -
  Criteria
A 10 Chatham Road 1/20/2022 $0 0.0 Colonial 2,284 0.47 3 2-
B 4 Sandwich Road 9/28/2018 $1,100,000 0.0 Vacant Land 0.29 -
C 6 Sandwich Road 11/18/2021 $5,100,000 0.0 Custom Built 3,207 0.46 5 4-1
D 2 Sandwich Road 11/17/2020 $4,115,000 0.0 Cape Cod 4,339 1.6 4 5-
E 12 Polpis Road 11/6/2009 $0 0.0 Colonial 3,224 0.92 4 3-1
F 8 Chatham Road 5/28/2024 $10,252 0.0 Vacant Land 1.41 -
G 11 Chatham Road 4/25/2018 $0 0.0 Colonial 2,208 0.46 1 1-1
H 10 Polpis Road 4/15/1999 $400,000 0.1 Service Shop 5,464 0.46 0 0-
I 13 Chatham Road 11/4/2022 $0 0.1 Cape Cod 1,423 0.46 3 2-
J 4 Polpis Road 5/23/2006 $0 0.1 Ranch 1,869 0.46 2 2-2
K 15 Monomoy Road 10/16/2000 $2,250,000 0.1 Colonial 2,912 0.36 4 4-1
L 13 Monomoy Road 9/12/2022 $0 0.1 Colonial 5,378 0.83 5 4-2
M 5 Brewster Road 4/26/2021 $7,845,000 0.1 Custom Built 6,121 1.58 6 6-2
N 11 Monomoy Road 6/14/2019 $8,100,000 0.1 Custom Built 4,164 0.69 7 4-1
O 2 Polpis Road-Lot 188 10/24/2001 $0 0.1 Gar/Apt Res 1,092 0.29 3 1-1
P 19 Monomoy Road 12/29/2010 $5,485,000 0.1 Custom Built 5,414 0.97 4 4-1
Q 16 Polpis Road 10/22/2004 $0 0.1 Ranch 1,176 0.52 3 1-
R 17 Monomoy Road 9/12/2022 $12,900,000 0.1 Custom Built 7,001 0.76 7 6-1
S 7 Brewster Road 4/8/2024 $3,000,000 0.1 Vacant Land 0.96 -
T 2 Polpis Road 10/24/2001 $0 0.1 Ranch 1,140 0.44 3 1-
U 1 Polpis Road 4/6/2012 $1 0.1 Warehouse 9,696 8.49 0 1-
V 18 Polpis Road 3/6/1996 $0 0.1 Cape Cod 1,530 0.47 3 2-
W 3 Brewster Road 11/22/2017 $10,500,000 0.1 Custom Built 5,594 0.92 5 5-2
X 9 Monomoy Road 11/20/2018 $0 0.1 Ranch 2,382 0.92 3 2-1
Y 9 Brewster Road 1/15/2003 $0 0.1 Custom Built 6,312 1.28 4 6-
Z 21 Monomoy Road 12/29/1989 $0 0.1 Vacant Land 0.23 -
- 5 Monomoy Road 9/5/2012 $2,240,000 0.1 Custom Built 2,984 0.38 4 4-1
Averages 4356 days $2,335,009 0.07 --- 3,219 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
54 228 12 Chatham Road