74 Old Salt Works Road, Chatham, MA 02633

74 Old Salt Works Road Chatham MA 02633
Owner Information
Owner 1
Paul C Palmer & Noyes Elizabeth
Owner 2
Owner's Address
8529 Meadowlark Ln Bethesda, MD 20817
Market Sale Information
Most recent sale date
10/9/2009
Previous sale date
12/14/1999
Transfer document #
(189747)-
Previous transfer document
(155868)
Grantor
L & A Realty Trust
Previous grantor
L & A Realty Trust
Most recent sale price
$2,800,000.00
Previous sale price
$1.00
Site Information
Property ID
13M-5-C28
Lot Size
0.63
Use Code
101 - Residential, single family
Zoning
R40
Building Style
Colonial
Number of Rooms
9
Stories
2
Number of Beds
5
Year Built
1957
Number of full baths
2
Condition
Number of half baths
2
Finished Area
3298
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwd/Other
Solar Hot Water
No
Roof Structure
Gable
Heating type
Ht-Wt/Cool Air
Roof Cover
Asph/Cmp Shin
Heating fuel
Oil
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$3,460,100.00
Total value
$4,776,300.00
Building value
$1,316,200.00
Estimated tax
$17,051.00
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 74 Old Salt Works Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $849.00 Style Colonial Age 1957 Rooms 9 Bedrooms 5 Full baths 2 Half baths 2 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.63 Roof Cover Asph/Cmp Shin AEM Value - Building $1,316,200.00 AEM Value - Land $3,460,100.00 AEM Value - Other $0.00 AEM Value - Total $4,776,300.00
A) 137 Strong Island Road 0.2 7/17/2024 $3,100,000 3,667 1.75 $845.38 Cape 1982 8 4 4 1 Gas 0.87 Wood Shin $1,334,100 $1,247,900 $0 $2,582,000
B) 192 Eastward Road 0.2 5/17/2024 $4,000,000 2,514 1.75 $1591.09 Cape 1957 9 4 3 0 Oil 0.8 Wood Shin $569,800 $3,609,200 $0 $4,179,000
C) 26 Little Lane 1.0 9/16/2024 $2,000,000 3,129 1.75 $639.18 Cape 1990 7 3 2 1 Gas 0.49 Wood Shin $1,143,700 $604,000 $0 $1,747,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 74 Old Salt Works Road 10/9/2009 $2,800,000 0 Colonial 3,298 0.63 5 2-2 -
  Criteria
A 137 Strong Island Road 7/17/2024 $3,100,000 0.2 Cape 3,667 0.87 4 4-1
B 192 Eastward Road 5/17/2024 $4,000,000 0.2 Cape 2,514 0.8 4 3-0
C 26 Little Lane 9/16/2024 $2,000,000 1.0 Cape 3,129 0.49 3 2-1
Averages 74 days $3,033,333 0.46 --- 3,103 0.72 --- ---  

Estimation of Market Value - $4,165,916

As of today, 09/28/2024, the estimated market value of 74 Old Salt Works Road, Chatham considering the above 3 comparable properties is $4,165,916.

 

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
@ 74 Old Salt Works Road 10/9/2009 $2,800,000 0 Colonial 3,298 0.63 5 2-2 -
  Criteria
A 86 Old Salt Works Road 7/26/2021 $10 0.0 Cape 2,267 0.64 3 1-1
B 58 Old Salt Works Road 12/26/2012 $2,775,000 0.0 Colonial 3,952 0.51 3 4-1
C 75 Old Salt Works Road 9/28/2004 $985,000 0.0 Cape 3,632 0.5 3 3-0
D 50 Old Salt Works Road 7/6/2016 $1 0.1 Cape 3,117 0.53 3 3-1
E 57 Old Salt Works Road 3/9/2020 $1,288,500 0.1 Cape 2,574 0.51 3 3-1
F 97 Old Salt Works Road 4/9/2002 $1 0.1 Colonial 2,352 0.46 5 2-1
G 104 Old Salt Works Road 8/5/2014 $2,325,000 0.1 Colonial 5,088 0.74 6 5-2
H 94 Eastward Road 8/16/1990 $385,000 0.1 Colonial 2,775 0.49 3 2-1
I 76 Eastward Road 11/13/2014 $1 0.1 Colonial 2,532 0.47 3 2-1
J 127 Old Salt Works Road 12/14/2012 $1,023,500 0.1 Colonial 3,510 0.49 4 4-1
K 43 Old Salt Works Road 6/1/2016 $1 0.1 Cape 4,417 0.47 4 4-1
L 34 Old Salt Works Road 8/29/2014 $2,415,000 0.1 Cape 3,538 0.85 5 4-0
M 0 Old Salt Works Road 1/8/1969 $1 0.1 0.46 -
N 60 Eastward Road 3/22/2013 $1,372,500 0.1 Cape 4,850 0.53 5 4-1
O 0 Eastward Road 12/27/2005 $15,000 0.1 0.63 -
P 110 Old Salt Works Road 12/13/1988 $178,000 0.1 New Style 2,863 1.07 2 2-1
Q 0 Eastward Road 12/27/2005 $15,000 0.1 0.5 -
R 132 Old Salt Works Road 1/11/2019 $2,800,000 0.1 Cape 3,368 0.58 4 3-1
S 119 Eastward Road 2/28/2014 $825,000 0.1 Ranch 2,117 0.46 3 3-1
T 32 Old Salt Works Road 1/29/2021 $3,000,000 0.1 New Style 3,576 1.07 4 5-2
U 26 Old Salt Works Road 11/13/2015 $1,000,000 0.1 Colonial 2,696 0.56 4 3-0
V 0 Eastward Road 9/15/1989 $25,000 0.1 0.5 -
W 16 Old Salt Works Road 12/22/2016 $1 0.1 Cape 2,426 0.49 3 2-1
X 0 Strong Island Road 3/26/1987 $1 0.1 0.58 -
Y 0 Strong Island Road 2/26/1986 $0 0.1 0.58 -
Z 0 Old Salt Works Road 1/17/1969 $1 0.1 0.35 -
Averages 7004 days $785,674 0.08 --- 2,371 0.58 --- ---  
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
13M-5-C28 74 Old Salt Works Road