48 Salt Marsh Way, North Chatham, MA 02650

Owner Information
Owner 1
Richard Connelly & Suzanne
Owner 2
Owner's Address
54 Clarke Rd Needham, MA 02492
Market Sale Information
Most recent sale date
4/21/2023
Previous sale date
2/21/2023
Transfer document #
(232766)-
Previous transfer document
(232301)
Grantor
Johnson Cape Nominee Trust
Previous grantor
Johnson Cape Nominee Trus
Most recent sale price
$3,300,000.00
Previous sale price
$1.00
Site Information
Property ID
15J-18-W1A
Lot Size
4.02
Use Code
101 - Residential, single family
Zoning
R40
Building Style
Antique
Number of Rooms
7
Stories
1.75
Number of Beds
5
Year Built
1790
Number of full baths
3
Condition
Number of half baths
0
Finished Area
2448
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Softwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Warm/Cool Air
Roof Cover
Wood Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$2,518,200.00
Total value
$3,138,400.00
Building value
$602,000.00
Estimated tax
$10,890.00
Yard improvement value
$18,200.00
Certified Mass Appraisal
200720082009201020112012201320142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
33 Captains Walk17 Menekish Lane84 Emery Lane504 Stony Hill Road54 Rowland Drive48 Salt Marsh Way$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 48 Salt Marsh Way A) 504 Stony Hill RoadB) 84 Emery LaneC) 33 Captains WalkD) 54 Rowland DriveE) 17 Menekish Lane
Photo
Plan
Map
Proximity 0.30.50.70.70.8
Last Sold 2/28/20256/18/20256/17/20254/30/20252/20/2025
Price $1,800,000$2,100,000$1,350,000$1,200,000$1,400,000
Net Living Area 1,9042,2702,2792,0622,124
Stories 11.7521.751.95
Sale Price/sft $1,348.04$945.38$925.11$592.37$581.96$659.13
Style AntiqueRanchCapeColonialCapeColonial
Age 179019461987197019701984
Rooms 790707
Bedrooms 553433
Full baths 322232
Half baths 001110
Gross Living Area
Heating Fuel GasOilOilGasGasOil
Detached Garage
Lot Size 4.020.910.620.460.470.43
Roof Cover Wood ShinAsph/Cmp ShinWood ShinAsph/Cmp ShinAsph/Cmp ShinAsph/Cmp Shin
AEM Value - Building $602,000.00$475,000$667,000$463,300$782,700$594,600
AEM Value - Land $2,518,200.00$1,068,000$731,600$554,100$794,500$564,200
AEM Value - Other $18,200.00$0$0$0$0$19,400
AEM Value - Total $3,138,400.00$1,543,000$1,398,600$1,017,400$1,577,200$1,178,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 48 Salt Marsh Way 4/21/2023 $3,300,000 0 Antique 2,448 4.02 5 3-0 -
  Criteria
A 504 Stony Hill Road 2/28/2025 $1,800,000 0.3 Ranch 1,904 0.91 5 2-0
B 84 Emery Lane 6/18/2025 $2,100,000 0.5 Cape 2,270 0.62 3 2-1
C 33 Captains Walk 6/17/2025 $1,350,000 0.7 Colonial 2,279 0.46 4 2-1
D 54 Rowland Drive 4/30/2025 $1,200,000 0.7 Cape 2,062 0.47 3 3-1
E 17 Menekish Lane 2/20/2025 $1,400,000 0.8 Colonial 2,124 0.43 3 2-0
Averages 83 days $1,570,000 0.60 --- 2,128 0.58 --- ---  

Estimation of Market Value - $2,737,727

As of today, 07/15/2025, the estimated market value of 48 Salt Marsh Way, North Chatham considering the above 5 comparable properties is $2,737,727.

 

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 Copy to Clipboard
Subject Property30 Salt Marsh Way0 Salt Marsh Way36 Salt Marsh Way43 Cotchpinicut Road64 Cranberry Lane95 Cotchpinicut Road26 Raccoon Run48 Salt Marsh Way110 Cranberry Lane117 Salt Marsh Way53 Raccoon Run108 Cranberry Lane65 Cotchpinicut Road36 Raccoon Run59 Cotchpinicut Road104 Cranberry Lane141 Cotchpinicut Road34 Salt Marsh Way114 Cranberry Lane112 Salt Marsh Way$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 48 Salt Marsh Way 4/21/2023 $3,300,000 0 Antique 2,448 4.02 5 3-0 -
  Criteria
A 53 Raccoon Run 2/21/2023 $1 0.1 Cape 2,363 0.92 3 4-1
B 112 Salt Marsh Way 1/17/2006 $3,250,000 0.1 5 Contemporary 5,413 2.24 5 5-0
C 59 Cotchpinicut Road 10/14/2005 $2,400,000 0.1 New Style 4,103 1.45 4 3-1
D 36 Salt Marsh Way 5/12/1981 $35,500 0.1 Cape 2,153 0.7 4 2-0
E 110 Cranberry Lane 12/12/2016 $1 0.1 Cape 4,472 0.92 4 4-1
F 104 Cranberry Lane 12/12/2016 $1 0.1 Cape 3,904 1.31 5 4-1
G 34 Salt Marsh Way 10/20/2021 $100 0.1 5 Contemporary 4,500 2.54 4 5-1
H 0 Salt Marsh Way 10/23/2015 $825,000 0.1 1.54 -
I 36 Raccoon Run 3/27/1992 $510,000 0.1 Colonial 5,304 1.21 4 3-2
J 43 Cotchpinicut Road 6/8/2023 $1 0.1 Reno'D Antique 3,320 3.14 5 3-0
K 65 Cotchpinicut Road 6/28/2017 $1 0.1 Cape 3,124 1.18 4 3-1
L 26 Raccoon Run 10/12/2016 $1 0.1 Cape 2,205 0.7 3 2-1
M 64 Cranberry Lane 10/12/2021 $2,300,000 0.1 Cape 3,910 1.4 4 4-1
N 141 Cotchpinicut Road 9/24/2020 $2,100,000 0.1 Reno'D Antique 4,370 1.03 5 4-1
O 114 Cranberry Lane 6/3/2025 $6,895,000 0.1 New Style 4,194 1.42 5 6-1
P 108 Cranberry Lane 6/30/2015 $1,475,000 0.1 Reno'D Antique 4,161 1.38 8 3-2
Q 30 Salt Marsh Way 7/27/2021 $576,000 0.1 0.92 -
R 117 Salt Marsh Way 7/21/1995 $290,000 0.1 Colonial 3,238 0.99 5 4-0
S 95 Cotchpinicut Road 12/26/2012 $10 0.1 Cape 3,410 1 5 4-0
Averages 4497 days $1,087,190 0.09 --- 3,376 1.37 --- ---  
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
15J-18-W1A 48 Salt Marsh Way