27 Bay Lane, Chatham, MA 02633

27 Bay Lane Chatham MA 02633
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Owner Information
Owner 1
Jean Holmes Mongan 2001 Gst-Exempt Ret
Owner 2
Sarah Mongan & John Holmes
Owner's Address
39 Elm St Newport, RI 02840
Market Sale Information
Most recent sale date
7/25/2017
Previous sale date
5/27/2009
Transfer document #
(213586)-
Previous transfer document
(188634)
Grantor
Jean H Mongan
Previous grantor
Raynard F Bohman
Most recent sale price
$1.00
Previous sale price
$1,400,000.00
Site Information
Property ID
16D-9-B2
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
10
Stories
2
Number of Beds
5
Year Built
1924
Number of full baths
4
Condition
Number of half baths
1
Finished Area
3790
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastr/Wd Pnl
Floor type
Softwd/Other
Solar Hot Water
No
Roof Structure
Saltbox
Heating type
Ht-Wt/Cool Air
Roof Cover
Wood Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,362,600.00
Total value
$3,079,100.00
Building value
$1,716,500.00
Estimated tax
$10,992.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 27 Bay Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1924 Rooms 10 Bedrooms 5 Full baths 4 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.5 Roof Cover Wood Shin AEM Value - Building $1,716,500.00 AEM Value - Land $1,362,600.00 AEM Value - Other $0.00 AEM Value - Total $3,079,100.00
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) 581 Shore Road 0.7 6/21/2024 $5,000,000 4,452 2 $1123.09 Colonial 2018 8 5 6 1 Gas 0.49 Wood Shin $2,641,800 $1,207,200 $52,100 $3,901,100
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
@ 27 Bay Lane 7/25/2017 $1 0 Colonial 3,790 0.5 5 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 581 Shore Road 6/21/2024 $5,000,000 0.7 Colonial 4,452 0.49 5 6-1
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 70 days $4,625,000 0.70 --- 3,543 0.95 --- ---  

Estimation of Market Value - $4,450,672

As of today, 11/04/2024, the estimated market value of 27 Bay Lane, Chatham considering the above 6 comparable properties is $4,450,672.

 

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
  • 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
@ 27 Bay Lane 7/25/2017 $1 0 Colonial 3,790 0.5 5 4-1 -
  Criteria
A 15 Bay Lane 10/12/2012 $1,250,000 0.0 Cape 3,503 0.32 4 4-1
B 37 Bay Lane 12/20/2022 $10 0.0 Cape 3,380 1.12 5 3-2
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 0.0 Cape 3,058 0.34 4 3-1
E 18 Bay Lane 6/30/1993 $195,000 0.0 Ranch 794 0.47 2 1-0
F 48 Bay Lane $375,000 0.1 Cape 1,953 0.38 4 3-0
G 156 Chatham Bars Avenue 4/22/2021 $1,850,000 0.1 Reno'D Antique 1,969 0.38 5 3-1
H 60 Bay Lane 5/26/2017 $3,315,000 0.1 New Style 3,166 0.5 4 4-1
I 0 Chatham Bars Avenue 6/7/2017 $1 0.1 11.46 -
J 166 Chatham Bars Avenue 7/11/2018 $1 0.1 Cape 1,814 0.25 2 3-0
K 0 Kettle Drum Lane 7/19/1982 $1 0.1 0.43 -
L 70 Bay Lane 8/1/2005 $1 0.1 Cape 2,035 0.38 5 2-0
M 179 Shore Road 12/28/1995 $325,000 0.1 New Style 3,013 0.58 4 3-1
N 19 Kettle Drum Lane 10/3/1997 $100 0.1 Ranch 1,754 0.44 3 3-0
O 173 Chatham Bars Avenue 12/18/2015 $1 0.1 Cape 1,805 0.21 3 3-1
P 0 Chatham Bars Avenue 6/7/2017 $1 0.1 0.74 -
Q 157 Shore Road 2/28/2014 $2,750,000 0.1 New Style 6,042 1.29 4 5-2
R 169 Shore Road 9/17/2021 $1 0.1 Colonial 3,319 0.53 4 2-1
S 209 Shore Road Unit X2 11/13/2007 $995,000 0.1 Town Hse End 1,680 0 2 2-0
T 209 Shore Road Unit X3 3/15/2016 $558,000 0.1 Free Standing 437 0 1 1-0
U 209 Shore Road Unit X1 7/31/2007 $1,750,000 0.1 Town Hse End 2,312 0 3 4-1
V 209 Shore Road 1/18/1983 $0 0.1 0.8 0 0-0
W 191 Shore Road 1/20/1995 $272,500 0.1 Old Style 2,177 0.25 2 1-1
X 14 Kettle Drum Lane 4/17/2009 $10 0.1 Reno'D Antique 1,723 0.22 3 3-1
Y 52 Chatham Bars Avenue 11/7/2019 $1 0.1 Antique 1,813 0.5 5 2-0
Z 30 Fairway Drive 8/30/2017 $1 0.1 New Style 4,362 0.47 5 6-2
Averages 5363 days $524,447 0.09 --- 2,072 0.86 --- ---  
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-9-B2 27 Bay Lane