2 Chins Way, Nantucket, MA 02554

2 Chins Way Nantucket MA 02554
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Owner Information
Owner 1
Bonita Bar LLC
Owner 2
Owner's Address
P O Box 2135 Nantucket, MA 02584
Market Sale Information
Most recent sale date
10/27/2016
Previous sale date
05/03/2013
Transfer document #
01562-0003
Previous transfer document
01383-0292
Grantor
2-4 Chins Way LLC
Previous grantor
Pbe Companies LLC
Most recent sale price
$1,900,000.00
Previous sale price
$1,105,000.00
Site Information
Property ID
55-162
Lot Size
0.18
Use Code
32 - Multiple Use Property
Zoning
CMI
Building Style
Restaurant
Number of Rooms
Stories
2
Number of Beds
0
Year Built
1976
Number of full baths
2
Condition
Number of half baths
Finished Area
3108
Number of Kitchen
Gross Living Area
4507
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Vinyl/Asphalt
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
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
$678,900.00
Total value
$1,787,600.00
Building value
$1,108,700.00
Estimated tax
$9,474.00
Yard improvement value
$0.00
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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 2 Chins Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $611.33 Style Restaurant Age 1976 Rooms Bedrooms 0 Full baths 2 Half baths Gross Living Area 4507 Heating Fuel Hot Water Detached Garage Lot Size 0.18 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,108,700.00 AEM Value - Land $678,900.00 AEM Value - Other $0.00 AEM Value - Total $1,787,600.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Chins Way 10/27/2016 $1,900,000 0 Restaurant 3,108 0.18 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
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
@ 2 Chins Way 10/27/2016 $1,900,000 0 Restaurant 3,108 0.18 0 2- -
  Criteria
A 1 Chins Way 4/24/2013 $550,223 0.0 Aptovrret/Off 2,154 0.13 0 2-
B 147-R Orange Street 8/11/2005 $850,000 0.0 Cape Cod 1,344 0.11 4 2-
C 4 Chins Way 10/27/2016 $1,900,000 0.0 Vacant Land 0.18 -
D 7 West Creek Road 4/6/2021 $2,388,000 0.0 Family Duplex 2,736 0.12 4 2-1
E 11 West Creek Road 2/20/2015 $0 0.0 Restaurant 1,416 0.27 0 2-
F 5 West Creek Road 4/6/2021 $2,388,000 0.0 Fast Food 1,240 0.14 0 -1
G 130 Pleasant Street 6/8/1999 $525,972 0.0 Aptovrret/Off 2,653 0.13 2 3-
H 122 Pleasant Street 10/1/1999 $885,000 0.0 Store 3,732 0.26 2 3-
I 3 West Creek Road 4/1/2011 $790,000 0.0 Aptovrret/Off 2,274 0.13 2 2-
J 13 West Creek Road 5/19/2000 $0 0.0 Aptovrret/Off 2,859 0.25 0 2-
K 147 Orange Street 1/2/2019 $2,000,000 0.0 Aptovrret/Off 4,218 0.44 2 2-
L 12 Daves Street 5/10/2000 $1,310,000 0.0 Nightclub/Bar 4,287 0.59 4 3-
M 8 Daves Street 7/28/2017 $850,000 0.0 Vacant Land 0.11 -
N 1 West Creek Road 1/30/2004 $500,000 0.0 Office Bldg 717 0.13 0 1-
O 149 Orange Street 8/11/2005 $1,550,000 0.0 Aptovrret/Off 3,056 0.28 2 2-
P 6 Daves Street 7/28/2017 $850,000 0.0 Vacant Land 0.12 -
Q 4 Daves Street 4/28/2009 $0 0.0 Colonial 1,339 0.15 2 2-
R 8 West Creek Road 1/25/2006 $0 0.0 Aptovrret/Off 2,692 0.14 4 3-1
S 10 West Creek Road 12/21/2016 $1 0.1 Ranch 833 0.28 1 1-
T 159 Orange Street $0 0.1 Office Bldg 560 0.27 0 2-
U 14 West Creek Road 10/6/2021 $0 0.1 Vacant Land 0.11 -
V 4 West Creek Road 6/12/2012 $0 0.1 Restaurant 4,440 0.27 5 4-
W 145 Orange Street $0 0.1 Ranch 1,752 0.19 4 1-
X 5 Daves Street 7/17/2002 $312,500 0.1 Conventional 872 0.09 2 2-
Y 143 Orange Street 12/11/2006 $551,000 0.1 Conventional 1,397 0.11 4 1-
Z 3 Daves Street 6/6/2007 $0 0.1 Cape Cod 1,515 0.08 2 1-
- 161 Orange Street 6/15/2007 $0 0.1 Ranch 1,377 0.26 3 1-
- 131 Pleasant Street $0 0.1 Office Bldg 8,884 0.76 0 2-
- 140 Pleasant Street 6/10/1998 $700,000 0.1 Family Duplex 2,304 0.4 4 2-
- 135 Pleasant Street $0 0.1 Vacant Land 0.46 -
- 141 Orange Street 5/4/2022 $1,700,000 0.1 Vacant Land 0.16 -
- 163 Orange Street 2/14/2023 $2,350,000 0.1 Family Conver. 2,607 0.14 4 5-1
- 165 Orange Street 6/6/2017 $0 0.1 Colonial 1,688 0.31 3 2-1
- 137 Orange Street 7/7/2020 $2,000,000 0.1 Vacant Land 0.46 -
- 17 Daves Street $0 0.1 Vacant Land 0.13 -
- 144 Pleasant Street 6/10/1998 $700,000 0.1 Post Office 7,460 0.41 -
- 31 Sparks Avenue 10/8/1999 $12,000,000 0.1 Supermarket 38,932 3.01 -
- 21 Sparks Avenue 4/11/2002 $870,000 0.1 Outbuildings 0.18 -
- 167 Orange Street 6/25/2019 $0 0.1 Aptovrret/Off 2,376 0.18 2 1-1
- 135 Orange Street 7/7/2020 $1,500,000 0.1 Vacant Land 0.33 -
- 112 Pleasant Street-Lot 149 12/21/2012 $3,500 0.1 Branch Bank 5,379 0.43 2-
- 119 Pleasant Street 1/10/2013 $0 0.1 Aptovrret/Off 4,816 0.26 4 4-
- 14-B Sparks Avenue 5/1/2014 $725,000 0.1 Aptovrret/Off 1,372 0.12 1 1-
- 150 Orange Street $0 0.1 Home For Aged 17,472 1.91 0 3-
- 14-A Sparks Avenue 8/15/2002 $450,000 0.1 Vacant Land 0.15 -
- 15 Sparks Avenue 8/31/1999 $1,550,000 0.1 Branch Bank 3,589 0.59 0 1-
- 137-A Orange Street 8/22/2003 $380,000 0.1 Aptovrret/Off 2,520 0.13 2 2-
- 18 Sparks Avenue 4/1/2021 $3,400,000 0.1 Restaurant 2,400 0.29 0 0-
- 117 Pleasant Street 10/31/2014 $2,200,000 0.1 Aptovrret/Off 4,879 0.29 3 4-1
- 1 Hooper Farm Road 1/15/2010 $362,000 0.1 Office Bldg 816 0.11 2-
- 22 Sparks Avenue 2/22/2021 $2,650,000 0.1 Vacant Land 0.1 -
- 171 Orange Street 10/14/2021 $0 0.1 Antique 2,771 0.79 5 3-
- 12 Sparks Avenue 5/29/1998 $800,000 0.1 Ranch 1,826 0.23 4 2-1
- 26 Sparks Avenue 2/22/2021 $2,650,000 0.1 Vacant Land 0.1 -
- 20 Sparks Avenue 2/3/2021 $2,500,000 0.1 Cape Cod 1,510 0.48 3 1-1
- 115 Pleasant Street 3/8/2019 $0 0.1 Aptovrret/Off 4,624 0.25 5 5-
- 3 Hooper Farm Road 4/28/2020 $0 0.1 Family Duplex 2,822 0.11 6 3-2
- 43 Sparks Avenue 1/19/2016 $2,250,000 0.1 Car Wash 2,924 0.37 0 2-
Averages 4644 days $1,033,469 0.07 --- 2,990 0.33 --- ---  
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
55 162 2 Chins Way