2 Chestnut Street, Nantucket, MA 02554

2 Chestnut Street Nantucket MA 02554
Owner Information
Owner 1
29 Center Street LLC
Owner 2
Owner's Address
867 Boylston St 4Th Fl Boston, MA 02116
Market Sale Information
Most recent sale date
4/16/2021
Previous sale date
02/15/2018
Transfer document #
1816-333
Previous transfer document
01634-0045
Grantor
2 Chestnut St Ack LLC
Previous grantor
Charles M Carl
Most recent sale price
$4,100,000.00
Previous sale price
$2,770,000.00
Site Information
Property ID
4231-69
Lot Size
0.08
Use Code
30 - Multiple Use Property
Zoning
CDT
Building Style
B+B/Inn
Number of Rooms
Stories
2.75
Number of Beds
8
Year Built
1849
Number of full baths
8
Condition
Number of half baths
Finished Area
5752
Number of Kitchen
1
Gross Living Area
8598
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Carpet
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
$812,000.00
Total value
$4,221,200.00
Building value
$3,409,200.00
Estimated tax
$22,372.00
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 2 Chestnut Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $712.80 Style B+B/Inn Age 1849 Rooms Bedrooms 8 Full baths 8 Half baths Gross Living Area 8598 Heating Fuel Hot Water Detached Garage Lot Size 0.08 Roof Cover Asph/F Gls/Cmp AEM Value - Building $3,409,200.00 AEM Value - Land $812,000.00 AEM Value - Other $0.00 AEM Value - Total $4,221,200.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Chestnut Street 4/16/2021 $4,100,000 0 B+B/Inn 5,752 0.08 8 8- -
  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
@ 2 Chestnut Street 4/16/2021 $4,100,000 0 B+B/Inn 5,752 0.08 8 8- -
  Criteria
A 16 Federal Street 2/26/2021 $2,597,000 0.0 Conventional 1,547 0.06 3 2-1
B 18 Federal Street 9/21/2005 $15,473,000 0.0 Aptovrret/Off 3,084 0.05 3 3-
C 14 Federal Street 9/21/2005 $15,473,000 0.0 Store 2,841 0.07 0 2-
D 20 Federal Street 12/15/2006 $3,390,000 0.0 Aptovrret/Off 3,256 0.09 1 2-
E 1 Chestnut Street 10/2/1998 $1,100,000 0.0 Store 3,031 0.13 0 2-
F 7 India Street 2/8/2008 $0 0.0 Aptovrret/Off 1,675 0.06 4 3-
G 9 India Street 8/16/2019 $3,700,000 0.0 Restaurant 3,067 0.07 5 3-
H 3 Chestnut Street 4/10/1987 $0 0.0 B+B/Inn 3,594 0.11 5 9-
I 5 India Street 10/2/2014 $0 0.0 Store 1,933 0.06 0 2-
J 31 Center Street 4/16/2021 $38,500,000 0.0 B+B/Inn 4,968 0.13 5 15-
K 12 Federal Street 10/15/2021 $7,200,000 0.0 Restaurant 5,771 0.12 0 3-
L 23 Federal Street 7/2/2018 $3,200,000 0.0 Office Bldg 2,514 0.03 0 2-
M 22 Federal Street 2/18/2014 $2,250,000 0.0 Restaurant 3,073 0.08 0 2-
N 18 Broad Street 1/6/2000 $0 0.0 Store 1,993 0.06 0 2-
O 20 Broad Street 12/11/1997 $740,000 0.0 Restaurant 2,292 0.06 0 3-
P 5 Chestnut Street 12/29/2017 $2,750,000 0.0 B+B/Inn 3,587 0.04 8 8-
Q 21 Federal Street 9/21/2005 $15,473,000 0.0 Restaurant 4,520 0.07 0 3-
R 22 Broad Street 12/22/1992 $472,000 0.0 Aptovrret/Off 2,806 0.06 5 3-
S 33 Center Street 12/29/2017 $2,750,000 0.0 B+B/Inn 3,036 0.06 5 9-
T 2-E Chestnut Street 9/21/2005 $15,473,000 0.0 Restaurant 662 0.03 0 2-
U 3 India Street $0 0.0 Library 7,946 0.12 0 2-
V 20 South Water Street $0 0.0 Police Station 5,153 0.3 0 2-
W 24 Broad Street $0 0.0 Restaurant 3,585 0.07 0 3-
X 4 India Street 12/30/2008 $0 0.0 Store 4,575 0.05 3 2-
Y 25 Center Street 6/22/2005 $55,000,000 0.0 Store 2,779 0.11 0 2-
Z 36 Center Street 3/4/1988 $0 0.0 Office Bldg 1,358 0.03 0 2-
- 32 Center Street 7/28/1994 $0 0.0 Aptovrret/Off 6,200 0.12 2 1-1
- 38 Center Street 1/31/2019 $2,500,000 0.0 Store 2,881 0.03 1 3-
- 34 Center Street 4/28/2009 $1,570,000 0.0 Aptovrret/Off 3,545 0.06 2 3-
- 35 Center Street 2/22/2010 $1,400,000 0.0 Store 1,792 0.04 0 1-
- 2 India Street $0 0.0 Aptovrret/Off 2,663 0.06 2 3-
- 16 Broad Street $0 0.0 City/Town Hall 13,364 0.26 0 4-
- 6 Oak Street 6/15/2022 $0 0.0 Restaurant 616 0.03 0 2-
- 4-E Chestnut Street 6/12/2012 $0 0.0 Aptovrret/Off 2,475 0.05 6 3-
- 10 Federal Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 1,990 0.07 0 2-
- 37 Center Street 7/15/2004 $0 0.1 Office Bldg 2,012 0.03 0 2-
- 28 Center Street 1/4/2012 $0 0.1 Aptovrret/Off 3,889 0.05 0 3-
- 1 India Street $0 0.1 Library 3,602 0.29 0 0-
- 19 Broad Street 5/16/2022 $5,395,540 0.1 Antique 2,416 0.08 4 3-
- 8 Oak Street 7/9/1991 $331,000 0.1 Aptovrret/Off 1,922 0.05 0 2-
- 17 Broad Street 6/27/2014 $2,925,000 0.1 Hotel 7,845 0.12 16 20-
- 8 Federal Street 7/1/1985 $0 0.1 Office Bldg 1,666 0.07 0 2-
- 3 Hussey Street 11/4/1988 $450,000 0.1 B+B/Inn 2,621 0.08 5 4-
- 2 Hussey Street 9/7/2011 $865,000 0.1 Conventional 1,260 0.03 2 2-1
- 7 Center Street 9/18/2008 $0 0.1 Retail Condo 920 0 0 2-
- 13 India Street 1/4/2007 $1,995,000 0.1 Antique 1,088 0.1 2 2-1
- 10 India Street 5/25/2023 $2,800,000 0.1 Aptovrret/Off 1,392 0.03 0 3-
- 22 Center Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,312 0.07 0 3-
- 25 Broad Street 3/10/2016 $0 0.1 Aptovrret/Off 2,648 0.05 3 5-
- 7 Federal Street $0 0.1 Post Office 4,544 0.12 0 2-
- 4 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,197 0.03 0 2-
- 21 Broad Street 6/27/2013 $3,050,000 0.1 B+B/Inn 13,685 0.18 5 7-
- 47-R Main Street 11/13/2015 $3,700,000 0.1 Vacant Land 0.07 -
- 40-B Center Street 8/15/2016 $0 0.1 Condominium 388 0 1 1-
- 15 India Street 11/17/2005 $0 0.1 Antique 2,885 0.09 5 3-1
- 3-B Hussey Street 1/22/2015 $0 0.1 Cottage 588 0.02 1 1-
- 4 Hussey Street 11/9/2022 $0 0.1 Bungalow 648 0.04 2 1-
- 23 Broad Street 6/30/2021 $7,888,000 0.1 Restaurant 8,232 0.23 11 5-
- 2 Quince Street 10/7/2003 $990,000 0.1 Antique 1,258 0.04 2 2-
- 4 North Water Street 6/22/2023 $5,650,000 0.1 Aptovrret/Off 2,410 0.18 1 2-
- 12 India Street 1/12/1996 $882,500 0.1 Antique 2,930 0.12 4 3-1
- 20 Center Street 6/22/2005 $55,000,000 0.1 B+B/Inn 4,425 0.13 9 6-
- 46 Center Street 10/22/2002 $2,100,000 0.1 Aptovrret/Off 3,702 0.09 3 2-
- 5 Center Street 6/22/2005 $55,000,000 0.1 Commercial 570 0.01 0 0-
- 14 Center Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,689 0.05 0 2-
- 17 India Street $0 0.1 Antique 3,712 0.14 5 3-
- 48 Center Street 1/4/2019 $2,150,000 0.1 Aptovrret/Off 3,316 0.07 7 5-1
- 19 South Water Street 11/15/2006 $0 0.1 Store 4,200 0.1 0 2-
- 5 Hussey Street 1/31/2000 $0 0.1 Antique 1,987 0.1 4 3-
- 21 South Water Street 12/23/2020 $2,575,000 0.1 Store 2,401 0.04 0 3-
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 41 Main Street 12/28/2006 $0 0.1 Restaurant 3,450 0.04 0 3-
- 45 Main Street 6/1/1984 $400,000 0.1 Store 2,770 0.04 0 2-
- 37 Main Street 4/30/1998 $2,000,000 0.1 Office Bldg 2,384 0.03 0 2-
- 27 Broad Street 7/8/2004 $8,000,001 0.1 B+B/Inn 5,850 0.2 5 9-
- 53 Main Street 2/4/2021 $4,000,000 0.1 Office Bldg 4,017 0.04 0 2-
- 35 Main Street 12/20/2012 $3,600,000 0.1 Aptovrret/Off 2,750 0.04 2 2-
- 47 Main Street 10/10/2007 $4,500,000 0.1 Store 3,570 0.03 0 2-
- 33 Main Street 10/26/2012 $4,500,000 0.1 Store 3,150 0.03 1 2-
- 23 South Water Street $0 0.1 Store 8,083 0.15 0 3-
- 51 Main Street 11/13/2015 $3,700,000 0.1 Store 2,852 0.03 0 2-
- 4 Quince Street 4/6/2015 $2,337,500 0.1 Antique 2,268 0.08 4 2-1
- 3 Rose Lane 6/12/1992 $255,000 0.1 Ranch 1,296 0.1 3 2-
- 50 Center Street 7/8/2004 $8,000,001 0.1 Vacant Land 0.09 -
- 57 Main Street $125,000 0.1 Office Bldg 3,250 0.04 0 1-
- 16 India Street 7/16/1991 $0 0.1 Colonial 2,326 0.32 3 3-1
- 2 Ash Lane 12/29/2020 $1,975,000 0.1 Antique 2,112 0.05 4 3-
- 19 India Street 11/5/2019 $0 0.1 Antique 3,268 0.16 4 3-1
- 15 Broad Street $0 0.1 Museum 29,905 0.61 0 2-
- 2 Center Street 7/28/2023 $2,850,000 0.1 Churches 8,020 0.19 0 2-
- 6 Ash Lane 6/22/1998 $776,000 0.1 Aptovrret/Off 2,198 0.1 3 3-
- 17 South Water Street 10/3/2007 $9,800,000 0.1 Theaters Encl. 16,184 0.31 3-
- 29 Broad Street 7/8/2004 $8,000,001 0.1 Hotel 18,233 0.46 31 31-
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 7 Hussey Street 9/4/2012 $3,000,000 0.1 Antique 5,859 0.15 7 7-1
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 5 Rose Lane 12/31/2002 $0 0.1 Antique 2,012 0.09 3 3-1
- 21 India Street 10/6/2015 $0 0.1 Antique 2,455 0.12 3 3-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
- 1 Liberty Street 7/17/1991 $0 0.1 Antique 2,941 0.08 4 2-
- 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
- 2 Ash Street 2/12/2018 $1,350,000 0.1 Antique 1,492 0.05 3 2-1
- 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
- 4 Gay Street-Lot 19 1/29/1996 $0 0.1 Antique 4,280 0.12 5 7-
- 4 Ash Street 3/14/2018 $0 0.1 Antique 2,964 0.07 4 4-
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 18 India Street 6/24/2019 $0 0.1 Antique 3,328 0.1 3 2-1
- 5 North Water Street 3/18/2015 $0 0.1 Theaters Encl. 6,196 0.17 0 5-
- 10 Broad Street 2/11/2022 $0 0.1 Store 3,087 0.05 0 1-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 23 India Street 12/28/1998 $0 0.1 Antique 2,530 0.12 5 4-
- 8 Ash Street 10/15/2021 $4,395,000 0.1 Antique 4,615 0.13 5 2-3
- 65 Main Street 11/24/1997 $0 0.1 Finan Inst. 8,380 0.12 0 2-
- 8 Quince Street 12/11/2015 $0 0.1 Antique 1,572 0.06 2 3-
- 52 Center Street 9/29/2021 $0 0.1 Antique 2,894 0.09 5 4-
- 9 Hussey Street 9/4/2012 $795,000 0.1 Vacant Land 0.12 -
- 3 Quince Street 9/27/2017 $2,796,101 0.1 Antique 2,368 0.12 4 3-
- 5 Liberty Street 11/21/2017 $0 0.1 Antique 2,526 0.2 5 4-1
- 2 South Beach Street 6/28/2019 $4,150,000 0.1 Store 5,771 0.13 2 3-
- 54 Center Street 9/30/2011 $2,450,000 0.1 Antique 2,668 0.08 3 3-1
- 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-
- 20 India Street 7/7/2020 $0 0.1 Antique 3,170 0.26 5 6-1
- 10 Ash Street 12/27/1995 $0 0.1 Antique 2,436 0.11 4 2-1
- 3 Whalers Lane $0 0.1 Antique 2,649 0.13 10 4-
- 54 Main Street 1/4/2008 $3,200,000 0.1 Store 1,680 0.03 0 3-
- 50 Main Street 2/4/1999 $2,250,000 0.1 Store 2,360 0.03 0 2-
- 11 Rose Lane 10/6/2009 $0 0.1 Cape Cod 1,746 0.17 3 2-
- 48 Main Street 3/1/1999 $0 0.1 Store 2,320 0.03 0 2-
- 7 North Water Street 3/25/2016 $1,425,000 0.1 Antique 2,398 0.11 6 3-
- 46 Main Street 5/14/1998 $0 0.1 Store 555 0.02 0 2-
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 25 India Street 10/1/2020 $3,750,000 0.1 Antique 3,925 0.1 5 5-
- 1 Ash Street 1/19/2022 $0 0.1 Antique 2,646 0.06 6 4-
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 5-A South Water Street 10/22/1997 $0 0.1 Retail Condo 687 0 0 0-
- 38 Main Street 6/22/2005 $55,000,000 0.1 Store 7,112 0.14 1 3-
- 32 Main Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,498 0.07 3 6-
- 34 Main Street 6/22/2005 $55,000,000 0.1 Store 8,033 0.1 0 2-
- 5 Quince Street 12/23/1998 $0 0.1 Antique 3,428 0.1 5 4-
- 9 North Water Street 4/21/2017 $2,500,000 0.1 B+B/Inn 3,528 0.09 5 8-
- 4 Gay Street 10/23/2023 $4,450,000 0.1 Cape Cod 1,827 0.06 3 3-
- 12 North Water Street 11/7/2014 $1,572,000 0.1 Antique 1,594 0.09 4 2-
- 69 Main Street $0 0.1 Mansion 5,864 0.22 5 5-1
- 60 Main Street $0 0.1 Store 3,653 0.05 0 2-
- 43 Center Street 5/24/2019 $0 0.1 Antique 3,059 0.09 8 4-1
- 30 Main Street $0 0.1 Fraternal Lodge 7,533 0.09 0 2-
- 9 Liberty Street 7/30/2018 $3,350,000 0.1 Antique 2,345 0.09 5 3-1
- 56 Center Street 9/16/2011 $3,280,000 0.1 Office Bldg 6,749 0.23 -
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
- 5 Ash Street 3/6/2017 $3,725,000 0.1 Antique 3,977 0.11 5 5-2
- 5 Gay Street 10/19/1987 $0 0.1 Antique 3,026 0.12 5 3-
- 62 Main Street $0 0.1 Store 3,215 0.07 0 2-
- 11 Hussey Street 7/24/2020 $4,622,500 0.1 Antique 3,355 0.14 6 6-
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 12 Hussey Street 12/1/2023 $4,595,000 0.1 Antique 2,801 0.09 5 2-1
- 2 Orange Street 1/21/2014 $10,730,000 0.1 Finan Inst. 2,533 0.07 0 2-
- 4 Liberty Street $0 0.1 Antique 2,507 0.07 5 2-
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 4 Easy Street 5/8/2024 $2,600,000 0.1 Store 1,764 0.06 0 2-
- 10 Quince Street 9/10/2021 $3,495,000 0.1 Antique 3,579 0.18 5 3-1
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 27 India Street 11/30/2000 $1,375,000 0.1 Antique 2,379 0.11 3 3-
- 24 India Street 7/26/2005 $0 0.1 Colonial 2,067 0.19 3 2-1
- 15 Main Street $0 0.1 Profess. Bldg 3,528 0.04 0 2-
- 6 Gay Street 1/29/1993 $370,000 0.1 Antique 2,572 0.09 5 4-
- 16 Main Street 3/21/2016 $0 0.1 Store 4,488 0.05 0 2-
- 11 North Water Street 12/13/2023 $7,515,000 0.1 B+B/Inn 6,909 0.17 17 16-
- 11 Liberty Street 3/13/2019 $2,195,000 0.1 Antique 1,292 0.09 2 2-1
- 14 North Water Street 9/17/1991 $0 0.1 Antique 2,986 0.17 7 4-1
- 73 Main Street 11/18/2013 $0 0.1 Antique 2,536 0.1 5 4-1
- 1 Academy Lane 3/6/2003 $2,287,500 0.1 Antique 4,116 0.13 5 4-1
- 0 Fair Street 1/22/2008 $1,400,000 0.1 Vacant Land 0.07 -
- 15 Rose Lane 4/6/1995 $0 0.1 Vacant Land 0.09 -
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 7 Easy Street 10/10/2012 $0 0.1 Aptovrret/Off 1,539 0.09 2 2-
- 45 Center Street 8/7/1998 $0 0.1 Antique 3,179 0.1 5 4-
- 7 Gay Street 11/6/1992 $0 0.1 Antique 1,136 0.07 3 1-1
- 1 Main Street 6/22/2005 $55,000,000 0.1 Restaurant 4,360 0.07 0 4-
- 4 South Beach Street $0 0.1 Vacant Land 0.62 -
- 4 Step Lane 11/14/2019 $0 0.1 Antique 3,249 0.19 6 5-1
- 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
- 3 Union Street $0 0.1 Telephone Bldg 5,265 0.37 0 2-
Averages 5541 days $5,715,132 0.08 --- 3,476 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 69 2 Chestnut Street