197 Bridge Street, Chatham, MA 02633

197 Bridge Street Chatham MA 02633
Owner Information
Owner 1
Underwood Property Corporation
Owner 2
Owner's Address
P O Box 661 Chatham, MA 02633-0661
Market Sale Information
Most recent sale date
12/23/1988
Previous sale date
Transfer document #
6569-56
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$1,000,000.00
Previous sale price
N/A
Site Information
Property ID
15B-3A-2A
Lot Size
1.97
Use Code
101 - Residential, single family
Zoning
R40
Building Style
Ranch
Number of Rooms
0
Stories
1
Number of Beds
3
Year Built
1953
Number of full baths
3
Condition
Number of half baths
0
Finished Area
2146
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Hot Water
Roof Cover
Wood Shin
Heating fuel
Oil
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$3,388,900.00
Total value
$3,926,100.00
Building value
$439,900.00
Estimated tax
$14,016.00
Yard improvement value
$97,300.00
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 197 Bridge Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $465.98 Style Ranch Age 1953 Rooms 0 Bedrooms 3 Full baths 3 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 1.97 Roof Cover Wood Shin AEM Value - Building $439,900.00 AEM Value - Land $3,388,900.00 AEM Value - Other $97,300.00 AEM Value - Total $3,926,100.00
A) 35 Mill Hill Lane 0.4 10/25/2024 $3,195,000 2,016 2 $1584.82 Colonial 1987 0 4 3 0 Gas 0.13 Wood Shin $636,000 $1,196,200 $400 $1,832,600
B) 31 Mill Pond Road 0.5 9/4/2024 $1,650,000 1,896 1.75 $870.25 Cape 1950 9 4 2 1 Gas 0.3 Asph/Cmp Shin $247,400 $1,120,200 $20,600 $1,388,200
C) 51 Oyster Bay Lane 0.8 7/11/2024 $2,300,000 2,310 1.75 $995.67 Cape 1986 0 4 3 0 Oil 0.68 Wood Shin $661,500 $1,195,100 $0 $1,856,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 197 Bridge Street 12/23/1988 $1,000,000 0 Ranch 2,146 1.97 3 3-0 -
  Criteria
A 35 Mill Hill Lane 10/25/2024 $3,195,000 0.4 Colonial 2,016 0.13 4 3-0
B 31 Mill Pond Road 9/4/2024 $1,650,000 0.5 Cape 1,896 0.3 4 2-1
C 51 Oyster Bay Lane 7/11/2024 $2,300,000 0.8 Cape 2,310 0.68 4 3-0
Averages 63 days $2,381,667 0.56 --- 2,074 0.37 --- ---  

Estimation of Market Value - $3,994,610

As of today, 11/04/2024, the estimated market value of 197 Bridge Street, Chatham considering the above 3 comparable properties is $3,994,610.

 

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
@ 197 Bridge Street 12/23/1988 $1,000,000 0 Ranch 2,146 1.97 3 3-0 -
  Criteria
A 195 Bridge Street 12/23/1988 $1,000,000 0.0 Reno'D Antique 4,125 2.24 9 4-0
B 243 Bridge Street 12/15/2006 $4,150,000 0.0 Cape 2,980 4.13 6 3-1
C 191 Bridge Street 1/3/1990 $1 0.1 Reno'D Antique 4,108 1.98 4 4-1
D 40 Gammys Lane 7/2/2012 $3,050,000 0.1 Cape 3,130 1.3 4 3-1
E 20 Gammys Lane 4/1/2016 $3,200,000 0.1 Cape 2,282 0.95 4 3-0
F 0 Bridge Street 1/3/1990 $1 0.1 1.33 -
G 283 Bridge Street 8/15/2000 $600,000 0.1 0.4 -
Averages 8797 days $1,714,286 0.08 --- 2,375 1.76 --- ---  
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
15B-3A-2A 197 Bridge Street