NOT LISTED FOR SALE

48 W Chester St Nantucket, MA 02554

Estimated Value: $3,064,137 - $4,729,000

0.89 Acre
$4,046,667 Price per Acre
38,768 Sq Ft Lot

Last Sold September 15, 2016

Last sale price $885,000 $465 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $19,794/month

5 Days on Market

About This Lot

As of September 2016

Vacant lot in great area, served by town water & town sewer.

Last Agent to Sell the Property

Deborah Lothian

William Raveis Nantucket Listed on: 08/10/2016

Last Buyer's Agent

Deborah Lothian

William Raveis Nantucket Listed on: 08/10/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,382

Lot Details

  • 0.89 Acre Lot
  • Property is zoned R20

Listing and Financial Details

  • Assessor Parcel Number 385 portion

Property Details

Property Type

Land

Est. Annual Taxes

$8,382

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 0.89
  • Special Features: None

Interior Features

  • Possible Use: 0

Exterior Features

  • Pool Private: No
  • View: None, Res

Utilities

  • Sewer: Twn
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 38768
  • Parcel #: 385 portion
  • Zoning: R20

Tax Info

  • Tax Lot: 0
  • Tax Map Number: 41
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2018
Sold by
Wallace Robert V and Wallace Katherine D
Bought by
Chester Nuts Llc
Current Estimated Value
$3,601,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,608,750
Outstanding Balance
$1,363,380
Interest Rate
3.55%
Mortgage Type
Unknown
Estimated Equity
$2,107,039

Purchase Details

Closed on
May 8, 2018
Sold by
C & C Rt
Bought by
Wallace Robert V and Wallace Katherine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,608,750
Outstanding Balance
$1,363,380
Interest Rate
3.55%
Mortgage Type
Unknown
Estimated Equity
$2,107,039

Purchase Details

Closed on
Mar 19, 2018
Sold by
Johnston Bertrand F Es and Johnston J
Bought by
Johnston Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,608,750
Outstanding Balance
$1,363,380
Interest Rate
3.55%
Mortgage Type
Unknown
Estimated Equity
$2,107,039

Purchase Details

Listed on
Aug 10, 2016
Closed on
Sep 15, 2016
Sold by
Johnston Leslie A
Bought by
C & C Rt
Seller's Agent
Deborah Lothian
William Raveis Nantucket
Buyer's Agent
Deborah Lothian
William Raveis Nantucket
List Price
$895,000
Sold Price
$885,000
Premium/Discount to List
-$10,000
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.32%

Purchase Details

Closed on
Sep 15, 2004
Sold by
Strickland Janet A
Bought by
Johnston Bertrand F and Johnston Leslie A

Purchase Details

Closed on
Oct 5, 1995
Sold by
Mayhew Phyllis G
Bought by
Strickland Janet A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chester Nuts Llc -- --
Chester Nuts Llc -- --
Chester Nuts Llc -- --
Wallace Robert V $2,475,000 --
Johnston Leslie A -- --
Johnston Leslie A -- --
Johnston Leslie A -- --
C & C Rt $885,000 --
Johnston Bertrand F $995,000 --
Johnston Bertrand F $995,000 --
Strickland Janet A $340,000 --
Strickland Janet A $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Robert V $1,608,750
Closed Wallace Robert V $1,608,750
Previous Owner Strickland Janet A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $885,000 -1.1% $465 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $895,000 -- $470 / Sq Ft
Source: LINK

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,382 $2,555,600 $1,607,500 $948,100
2023 $6,263 $1,951,100 $1,530,800 $420,300
2022 $5,940 $1,588,300 $1,275,700 $312,600
2021 $5,293 $1,458,200 $1,175,000 $283,200
2020 $5,031 $1,458,200 $1,175,000 $283,200
2019 $4,900 $1,458,400 $1,175,000 $283,400
2018 $5,183 $1,468,200 $1,175,000 $293,200
2017 $6,472 $1,909,200 $1,616,000 $293,200
2016 $4,332 $1,289,400 $1,015,800 $273,600
2015 $3,455 $957,200 $664,000 $293,200
2014 $3,342 $888,700 $664,000 $224,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Deborah Lothian

    William Raveis Nantucket

    (508) 228-0976

    2 in this area

    2 Total Sales

    Deborah Lothian
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Map

Source: LINK

MLS Number: 82357

APN: NANT-000-041-000-000-0003-85-000-000

Massachusetts Nantucket County Nantucket 02554

48 W Chester St, Nantucket, MA

This home is located at 48 W Chester St, Nantucket, MA 02554 since 10 August 2016 and is currently estimated at $3,601,534, approximately $1,892 per square foot. 48 W Chester St is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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