15 Bay Lane, Chatham, MA 02633

Owner Information
Owner 1
2005 Gomez Family Trust
Owner 2
Susan M R Gomez & Henry
Owner's Address
98 Chestnut Ridge Rd Saddle River, NJ 07458
Market Sale Information
Most recent sale date
10/12/2012
Previous sale date
10/24/2006
Transfer document #
(198427)-
Previous transfer document
(181430)
Grantor
Nancy E Geiger
Previous grantor
Geiger Nancy & John Trust
Most recent sale price
$1,250,000.00
Previous sale price
$1.00
Site Information
Property ID
16D-8-B1
Lot Size
0.32
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape
Number of Rooms
8
Stories
1.9
Number of Beds
4
Year Built
2013
Number of full baths
4
Condition
Number of half baths
1
Finished Area
3503
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwd/Carpet
Solar Hot Water
No
Roof Structure
Gable
Heating type
Ht-Wt/Cool Air
Roof Cover
Asph/Cmp Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,274,800.00
Total value
$3,618,100.00
Building value
$2,343,300.00
Estimated tax
$12,916.00
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 15 Bay Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $356.84 Style Cape Age 2013 Rooms 8 Bedrooms 4 Full baths 4 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.32 Roof Cover Asph/Cmp Shin AEM Value - Building $2,343,300.00 AEM Value - Land $1,274,800.00 AEM Value - Other $0.00 AEM Value - Total $3,618,100.00
A) 38 Sandy Shoes Lane 0.3 8/27/2024 $3,800,000 3,203 1.75 $1186.39 Cape 1930 10 4 4 1 Gas 0.78 Asph/Cmp Shin $1,312,600 $2,285,300 $0 $3,597,900
B) 47 Gladen Lane 0.6 6/27/2024 $2,350,000 3,203 1.75 $733.69 Cape 1987 7 4 3 0 Oil 0.47 Asph/Cmp Shin $864,500 $823,700 $0 $1,688,200
C) 85 Main Street 0.7 9/6/2024 $4,700,000 2,998 1.9 $1567.71 Antique 1820 7 4 3 1 Gas 0.33 Wood Shin $787,900 $2,272,200 $1,100 $3,061,200
D) 5 Hillcrest Lane 0.9 10/25/2024 $2,950,000 2,732 2 $1079.80 Colonial 1952 0 3 2 1 Oil 0.39 Asph/Cmp Shin $737,000 $582,800 $1,200 $1,321,000
E) 504 Old Harbor Road 0.9 10/21/2024 $8,500,000 4,356 2 $1951.33 Cape 1940 11 8 5 0 Oil 2.94 Wood Shin $2,112,200 $4,128,900 $0 $6,241,100
F) 155 Inlet Road 1.0 10/29/2024 $3,400,000 3,048 2 $1115.49 Colonial 2010 7 4 5 1 Gas 0.68 Asph/Cmp Shin $1,970,900 $1,147,300 $0 $3,118,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 15 Bay Lane 10/12/2012 $1,250,000 0 Cape 3,503 0.32 4 4-1 -
  Criteria
A 38 Sandy Shoes Lane 8/27/2024 $3,800,000 0.3 Cape 3,203 0.78 4 4-1
B 47 Gladen Lane 6/27/2024 $2,350,000 0.6 Cape 3,203 0.47 4 3-0
C 85 Main Street 9/6/2024 $4,700,000 0.7 Antique 2,998 0.33 4 3-1
D 5 Hillcrest Lane 10/25/2024 $2,950,000 0.9 Colonial 2,732 0.39 3 2-1
E 504 Old Harbor Road 10/21/2024 $8,500,000 0.9 Cape 4,356 2.94 8 5-0
F 155 Inlet Road 10/29/2024 $3,400,000 1.0 Colonial 3,048 0.68 4 5-1
Averages 49 days $4,283,333 0.73 --- 3,257 0.93 --- ---  

Estimation of Market Value - $4,747,090

As of today, 11/04/2024, the estimated market value of 15 Bay Lane, Chatham considering the above 6 comparable properties is $4,747,090.

 

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
@ 15 Bay Lane 10/12/2012 $1,250,000 0 Cape 3,503 0.32 4 4-1 -
  Criteria
A 27 Bay Lane 7/25/2017 $1 0.0 Colonial 3,790 0.5 5 4-1
B 18 Bay Lane 6/30/1993 $195,000 0.0 Ranch 794 0.47 2 1-0
C 28 Bay Lane 11/4/2022 $1 0.0 Cape 1,770 0.38 3 2-0
D 38 Bay Lane 8/9/2019 $1 0.1 Cape 3,058 0.34 4 3-1
E 37 Bay Lane 12/20/2022 $10 0.1 Cape 3,380 1.12 5 3-2
F 48 Bay Lane $375,000 0.1 Cape 1,953 0.38 4 3-0
G 0 Chatham Bars Avenue 6/7/2017 $1 0.1 11.46 -
H 60 Bay Lane 5/26/2017 $3,315,000 0.1 New Style 3,166 0.5 4 4-1
I 156 Chatham Bars Avenue 4/22/2021 $1,850,000 0.1 Reno'D Antique 1,969 0.38 5 3-1
J 0 Chatham Bars Avenue 6/7/2017 $1 0.1 0.74 -
K 52 Chatham Bars Avenue 11/7/2019 $1 0.1 Antique 1,813 0.5 5 2-0
L 166 Chatham Bars Avenue 7/11/2018 $1 0.1 Cape 1,814 0.25 2 3-0
M 0 Kettle Drum Lane 7/19/1982 $1 0.1 0.43 -
N 45 Chatham Bars Avenue 9/25/2015 $2,000,000 0.1 Warehouse 9,570 0.83 -
O 70 Bay Lane 8/1/2005 $1 0.1 Cape 2,035 0.38 5 2-0
P 30 Fairway Drive 8/30/2017 $1 0.1 New Style 4,362 0.47 5 6-2
Q 11 Nameless Lane 4/17/2007 $700,000 0.1 Old Style 2,179 0.49 4 2-0
R 41 Nameless Lane 3/25/2011 $0 0.1 0.27 -
S 37 Willow Bend 4/23/2003 $1 0.1 Reno'D Antique 2,055 0.7 4 2-0
T 0 Fairway Drive 8/20/2012 $1,675,000 0.1 0.46 -
U 179 Shore Road 12/28/1995 $325,000 0.1 New Style 3,013 0.58 4 3-1
V 19 Kettle Drum Lane 10/3/1997 $100 0.1 Ranch 1,754 0.44 3 3-0
W 157 Shore Road 2/28/2014 $2,750,000 0.1 New Style 6,042 1.29 4 5-2
X 0 Nameless Lane 12/11/2007 $1 0.1 0.68 0 0-0
Averages 4942 days $549,380 0.09 --- 2,272 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
16D-8-B1 15 Bay Lane