2-E Chestnut Street, Nantucket, MA 02554

2 E Chestnut Street Nantucket MA 02554
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Nir Retail II LLC
Owner 2
C/O New England Develop-Accting Dept
Owner's Address
75 Park Plaza #3 Boston, MA 02116
Market Sale Information
Most recent sale date
9/21/2005
Previous sale date
07/19/1988
Transfer document #
00978-0261
Previous transfer document
00304-0032
Grantor
Winthrop Nantucket 2 Realty
Previous grantor
Most recent sale price
$15,473,000.00
Previous sale price
$0.00
Site Information
Property ID
4231-9-2
Lot Size
0.03
Use Code
326 - Eating and Drinking Establishments
Zoning
CDT
Building Style
Restaurant
Number of Rooms
Stories
1
Number of Beds
0
Year Built
1900
Number of full baths
2
Condition
Number of half baths
Finished Area
662
Number of Kitchen
Gross Living Area
727
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
Electric
Roof Cover
Wood Shingle
Heating fuel
Electr Basebrd
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,131,900.00
Total value
$1,354,300.00
Building value
$222,400.00
Estimated tax
$7,177.00
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-E Chestnut Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $23,373.11 Style Restaurant Age 1900 Rooms Bedrooms 0 Full baths 2 Half baths Gross Living Area 727 Heating Fuel Electr Basebrd Detached Garage Lot Size 0.03 Roof Cover Wood Shingle AEM Value - Building $222,400.00 AEM Value - Land $1,131,900.00 AEM Value - Other $0.00 AEM Value - Total $1,354,300.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2-E Chestnut Street 9/21/2005 $15,473,000 0 Restaurant 662 0.03 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-E Chestnut Street 9/21/2005 $15,473,000 0 Restaurant 662 0.03 0 2- -
  Criteria
A 21 Federal Street 9/21/2005 $15,473,000 0.0 Restaurant 4,520 0.07 0 3-
B 4-E Chestnut Street 6/12/2012 $0 0.0 Aptovrret/Off 2,475 0.05 6 3-
C 23 Federal Street 7/2/2018 $3,200,000 0.0 Office Bldg 2,514 0.03 0 2-
D 6 Oak Street 6/15/2022 $0 0.0 Restaurant 616 0.03 0 2-
E 20 South Water Street $0 0.0 Police Station 5,153 0.3 0 2-
F 8 Oak Street 7/9/1991 $331,000 0.0 Aptovrret/Off 1,922 0.05 0 2-
G 3 India Street $0 0.0 Library 7,946 0.12 0 2-
H 1 India Street $0 0.0 Library 3,602 0.29 0 0-
I 16 Broad Street $0 0.0 City/Town Hall 13,364 0.26 0 4-
J 18 Federal Street 9/21/2005 $15,473,000 0.0 Aptovrret/Off 3,084 0.05 3 3-
K 16 Federal Street 2/26/2021 $2,597,000 0.0 Conventional 1,547 0.06 3 2-1
L 19 South Water Street 11/15/2006 $0 0.0 Store 4,200 0.1 0 2-
M 20 Federal Street 12/15/2006 $3,390,000 0.0 Aptovrret/Off 3,256 0.09 1 2-
N 14 Federal Street 9/21/2005 $15,473,000 0.0 Store 2,841 0.07 0 2-
O 21 South Water Street 12/23/2020 $2,575,000 0.0 Store 2,401 0.04 0 3-
P 2 Chestnut Street 4/16/2021 $4,100,000 0.0 B+B/Inn 5,752 0.08 8 8-
Q 12 Federal Street 10/15/2021 $7,200,000 0.0 Restaurant 5,771 0.12 0 3-
R 23 South Water Street $0 0.0 Store 8,083 0.15 0 3-
S 22 Federal Street 2/18/2014 $2,250,000 0.0 Restaurant 3,073 0.08 0 2-
T 17 South Water Street 10/3/2007 $9,800,000 0.0 Theaters Encl. 16,184 0.31 3-
U 5 India Street 10/2/2014 $0 0.0 Store 1,933 0.06 0 2-
V 1 Chestnut Street 10/2/1998 $1,100,000 0.0 Store 3,031 0.13 0 2-
W 7 Federal Street $0 0.0 Post Office 4,544 0.12 0 2-
X 7 India Street 2/8/2008 $0 0.1 Aptovrret/Off 1,675 0.06 4 3-
Y 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
Z 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 18 Broad Street 1/6/2000 $0 0.1 Store 1,993 0.06 0 2-
- 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
- 17 Broad Street 6/27/2014 $2,925,000 0.1 Hotel 7,845 0.12 16 20-
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 10 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,990 0.07 0 2-
- 9 India Street 8/16/2019 $3,700,000 0.1 Restaurant 3,067 0.07 5 3-
- 10 Broad Street 2/11/2022 $0 0.1 Store 3,087 0.05 0 1-
- 20 Broad Street 12/11/1997 $740,000 0.1 Restaurant 2,292 0.06 0 3-
- 3 Chestnut Street 4/10/1987 $0 0.1 B+B/Inn 3,594 0.11 5 9-
- 2 India Street $0 0.1 Aptovrret/Off 2,663 0.06 2 3-
- 15 Broad Street $0 0.1 Museum 29,905 0.61 0 2-
- 4 India Street 12/30/2008 $0 0.1 Store 4,575 0.05 3 2-
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 19 Broad Street 5/16/2022 $5,395,540 0.1 Antique 2,416 0.08 4 3-
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 8 Federal Street 7/1/1985 $0 0.1 Office Bldg 1,666 0.07 0 2-
- 8 Broad Street 12/30/1993 $0 0.1 Aptovrret/Off 1,596 0.02 1 1-1
- 22 Broad Street 12/22/1992 $472,000 0.1 Aptovrret/Off 2,806 0.06 5 3-
- 31 Center Street 4/16/2021 $38,500,000 0.1 B+B/Inn 4,968 0.13 5 15-
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 4 North Water Street 6/22/2023 $5,650,000 0.1 Aptovrret/Off 2,410 0.18 1 2-
- 4 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,197 0.03 0 2-
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 25 Center Street 6/22/2005 $55,000,000 0.1 Store 2,779 0.11 0 2-
- 5 Chestnut Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,587 0.04 8 8-
- 24 Broad Street $0 0.1 Restaurant 3,585 0.07 0 3-
- 33 Center Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,036 0.06 5 9-
- 21 Broad Street 6/27/2013 $3,050,000 0.1 B+B/Inn 13,685 0.18 5 7-
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
- 5-A South Water Street 10/22/1997 $0 0.1 Retail Condo 687 0 0 0-
- 33 Main Street 10/26/2012 $4,500,000 0.1 Store 3,150 0.03 1 2-
- 2 South Beach Street 6/28/2019 $4,150,000 0.1 Store 5,771 0.13 2 3-
- 47-R Main Street 11/13/2015 $3,700,000 0.1 Vacant Land 0.07 -
- 7 Center Street 9/18/2008 $0 0.1 Retail Condo 920 0 0 2-
- 35 Main Street 12/20/2012 $3,600,000 0.1 Aptovrret/Off 2,750 0.04 2 2-
- 35 Center Street 2/22/2010 $1,400,000 0.1 Store 1,792 0.04 0 1-
- 37 Main Street 4/30/1998 $2,000,000 0.1 Office Bldg 2,384 0.03 0 2-
- 41 Main Street 12/28/2006 $0 0.1 Restaurant 3,450 0.04 0 3-
- 25 Broad Street 3/10/2016 $0 0.1 Aptovrret/Off 2,648 0.05 3 5-
- 4 Easy Street $0 0.1 Store 1,764 0.06 0 2-
- 37 Center Street 7/15/2004 $0 0.1 Office Bldg 2,012 0.03 0 2-
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 23 Broad Street 6/30/2021 $7,888,000 0.1 Restaurant 8,232 0.23 11 5-
- 45 Main Street 6/1/1984 $400,000 0.1 Store 2,770 0.04 0 2-
- 32 Center Street 7/28/1994 $0 0.1 Aptovrret/Off 6,200 0.12 2 1-1
- 36 Center Street 3/4/1988 $0 0.1 Office Bldg 1,358 0.03 0 2-
- 5 North Water Street 3/18/2015 $0 0.1 Theaters Encl. 6,196 0.17 0 5-
- 38 Center Street 1/31/2019 $2,500,000 0.1 Store 2,881 0.03 1 3-
- 7 Easy Street 10/10/2012 $0 0.1 Aptovrret/Off 1,539 0.09 2 2-
- 34 Center Street 4/28/2009 $1,570,000 0.1 Aptovrret/Off 3,545 0.06 2 3-
- 28 Center Street 1/4/2012 $0 0.1 Aptovrret/Off 3,889 0.05 0 3-
- 47 Main Street 10/10/2007 $4,500,000 0.1 Store 3,570 0.03 0 2-
- 3 Whalers Lane $0 0.1 Antique 2,649 0.13 10 4-
- 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
- 21 Easy Street 7/17/2017 $4,500,000 0.1 Ranch 945 0.07 1 2-
- 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
- 5 Center Street 6/22/2005 $55,000,000 0.1 Commercial 570 0.01 0 0-
- 51 Main Street 11/13/2015 $3,700,000 0.1 Store 2,852 0.03 0 2-
- 53 Main Street 2/4/2021 $4,000,000 0.1 Office Bldg 4,017 0.04 0 2-
- 15 Main Street $0 0.1 Profess. Bldg 3,528 0.04 0 2-
- 2 Ash Lane 12/29/2020 $1,975,000 0.1 Antique 2,112 0.05 4 3-
- 22 Center Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,312 0.07 0 3-
- 4 Old North Wharf 12/24/2002 $0 0.1 Warehouse 1,078 0.02 1-
- 10 India Street 5/25/2023 $2,800,000 0.1 Aptovrret/Off 1,392 0.03 0 3-
- 1-R Old North Wharf 1/26/2017 $1,550,000 0.1 Conventional 1,076 0.04 1 1-1
- 2 Ash Street 2/12/2018 $1,350,000 0.1 Antique 1,492 0.05 3 2-1
- 57 Main Street $125,000 0.1 Office Bldg 3,250 0.04 0 1-
- 1 Main Street 6/22/2005 $55,000,000 0.1 Restaurant 4,360 0.07 0 4-
- 6 Old North Wharf 7/8/2016 $3,995,000 0.1 Wharf Cottage 1,200 0.02 3 2-1
- 3 Hussey Street 11/4/1988 $450,000 0.1 B+B/Inn 2,621 0.08 5 4-
- 27 Broad Street 7/8/2004 $8,000,001 0.1 B+B/Inn 5,850 0.2 5 9-
- 2 Hussey Street 9/7/2011 $865,000 0.1 Conventional 1,260 0.03 2 2-1
- 14 Center Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,689 0.05 0 2-
- 13 India Street 1/4/2007 $1,995,000 0.1 Antique 1,088 0.1 2 2-1
- 7 North Water Street 3/25/2016 $1,425,000 0.1 Antique 2,398 0.11 6 3-
- 20 Center Street 6/22/2005 $55,000,000 0.1 B+B/Inn 4,425 0.13 9 6-
- 30 Main Street $0 0.1 Fraternal Lodge 7,533 0.09 0 2-
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 4 Ash Street 3/14/2018 $0 0.1 Antique 2,964 0.07 4 4-
- 6 Ash Lane 6/22/1998 $776,000 0.1 Aptovrret/Off 2,198 0.1 3 3-
- 32 Main Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,498 0.07 3 6-
- 16 Main Street 3/21/2016 $0 0.1 Store 4,488 0.05 0 2-
- 40-B Center Street 8/15/2016 $0 0.1 Condominium 388 0 1 1-
- 12 India Street 1/12/1996 $882,500 0.1 Antique 2,930 0.12 4 3-1
- 2 Quince Street 10/7/2003 $990,000 0.1 Antique 1,258 0.04 2 2-
- 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-
- 34 Main Street 6/22/2005 $55,000,000 0.1 Store 8,033 0.1 0 2-
- 9 North Water Street 4/21/2017 $2,500,000 0.1 B+B/Inn 3,528 0.09 5 8-
- 1 South Beach Street-Lot 12 $0 0.1 Clubs/Lodges 18,458 1.5 0 8-
- 29 Easy Street 9/30/1993 $0 0.1 Colonial 1,356 0.05 4 2-1
- 4 Hussey Street 11/9/2022 $0 0.1 Bungalow 648 0.04 2 1-
- 46 Center Street 10/22/2002 $2,100,000 0.1 Aptovrret/Off 3,702 0.09 3 2-
- 10 Old North Wharf 6/23/2015 $0 0.1 Wharf Cottage 1,316 0.02 4 2-
- 31 Easy Street 4/15/2011 $0 0.1 Restaurant 2,806 0.08 0 3-
- 1 Ash Street 1/19/2022 $0 0.1 Antique 2,646 0.06 6 4-
- 48 Center Street 1/4/2019 $2,150,000 0.1 Aptovrret/Off 3,316 0.07 7 5-1
- 2 Center Street 7/28/2023 $2,850,000 0.1 Churches 8,020 0.19 0 2-
- 46 Main Street 5/14/1998 $0 0.1 Store 555 0.02 0 2-
- 7 Old North Wharf 5/6/2008 $2,750,000 0.1 Wharf Cottage 2,206 0.08 4 3-
- 8 Ash Street 10/15/2021 $4,395,000 0.1 Antique 4,615 0.13 5 2-3
- 2 Straight Wharf 12/17/2021 $0 0.1 Aptovrret/Off 7,800 0.14 3 3-
- 38 Main Street 6/22/2005 $55,000,000 0.1 Store 7,112 0.14 1 3-
- 4 South Beach Street $0 0.1 Vacant Land 0.62 -
- 48 Main Street 3/1/1999 $0 0.1 Store 2,320 0.03 0 2-
- 29 Broad Street 7/8/2004 $8,000,001 0.1 Hotel 18,233 0.46 31 31-
- 3 Rose Lane 6/12/1992 $255,000 0.1 Ranch 1,296 0.1 3 2-
- 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
- 50 Main Street 2/4/1999 $2,250,000 0.1 Store 2,360 0.03 0 2-
- 17 India Street $0 0.1 Antique 3,712 0.14 5 3-
- 50 Center Street 7/8/2004 $8,000,001 0.1 Vacant Land 0.09 -
- 54 Main Street 1/4/2008 $3,200,000 0.1 Store 1,680 0.03 0 3-
- 2 Union Street 10/29/2019 $2,850,000 0.1 Store 2,788 0.04 0 2-
- 5 Hussey Street 1/31/2000 $0 0.1 Antique 1,987 0.1 4 3-
- 3 Steamboat Wharf 3/29/1985 $1,277,720 0.1 Outbuildings 0.1 -
- 12 North Water Street 11/7/2014 $1,572,000 0.1 Antique 1,594 0.09 4 2-
- 12 Old North Wharf 2/21/1997 $0 0.1 Wharf Cottage 486 0.05 1 1-
- 4 Quince Street 4/6/2015 $2,337,500 0.1 Antique 2,268 0.08 4 2-1
- 11 North Water Street 12/13/2023 $7,515,000 0.1 B+B/Inn 6,909 0.17 17 16-
- 16 India Street 7/16/1991 $0 0.1 Colonial 2,326 0.32 3 3-1
- 65 Main Street 11/24/1997 $0 0.1 Finan Inst. 8,380 0.12 0 2-
- 3 Union Street $0 0.1 Telephone Bldg 5,265 0.37 0 2-
- 15 Old North Wharf 5/1/1982 $0 0.1 Wharf Cottage 880 0.02 3 1-1
- 6 Straight Wharf $0 0.1 Retail Condo 884 0 0 2-
- 6-A Straight Wharf 6/7/2016 $0 0.1 Condominium 484 0 1 1-
- 8 Straight Wharf 1/23/2008 $0 0.1 Retail Condo 1,221 0 0 2-
- 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
- 1 Liberty Street 7/17/1991 $0 0.1 Antique 2,941 0.08 4 2-
- 2 Orange Street 1/21/2014 $10,730,000 0.1 Finan Inst. 2,533 0.07 0 2-
- 19 India Street 11/5/2019 $0 0.1 Antique 3,268 0.16 4 3-1
- 10 Ash Street 12/27/1995 $0 0.1 Antique 2,436 0.11 4 2-1
- 3 Sea Street 6/27/2014 $720,000 0.1 Gar/Apt Res 390 0.15 2 1-
- 5 Rose Lane 12/31/2002 $0 0.1 Antique 2,012 0.09 3 3-1
- 17 Old North Wharf 8/13/2021 $0 0.1 Wharf Cottage 1,500 0.01 1 2-
- 5 Ash Street 3/6/2017 $3,725,000 0.1 Antique 3,977 0.11 5 5-2
- 10 Still Dock 2/4/2020 $2,225,000 0.1 Wharf Cottage 1,425 0.04 2 2-1
- 14 Old North Wharf 6/12/1998 $0 0.1 Wharf Cottage 343 0.04 1 1-
- 10 Straight Wharf 4/29/2016 $1,850,000 0.1 Store 2,064 0.05 0 1-
- 15 Candle Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.22 -
- 7 Hussey Street 9/4/2012 $3,000,000 0.1 Antique 5,859 0.15 7 7-1
Averages 5643 days $6,906,878 0.08 --- 3,501 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 9 2 2-E Chestnut Street