191 Shore Road, Chatham, MA 02633

191 Shore Road Chatham MA 02633
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Owner Information
Owner 1
Leonard A Formato & Susan I
Owner 2
Owner's Address
6 Hemlock Rd Bronxville, NY 10708
Market Sale Information
Most recent sale date
1/20/1995
Previous sale date
Transfer document #
9530-227
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$272,500.00
Previous sale price
N/A
Site Information
Property ID
16E-17-4
Lot Size
0.25
Use Code
101 - Residential, single family
Zoning
R40
Building Style
Old Style
Number of Rooms
6
Stories
2
Number of Beds
2
Year Built
1930
Number of full baths
1
Condition
Number of half baths
1
Finished Area
2177
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywll/Wd Pnl
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
2024
Land Value
$2,046,100.00
Total value
$2,659,700.00
Building value
$608,500.00
Estimated tax
$9,495.00
Yard improvement value
$5,100.00
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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 191 Shore Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $125.17 Style Old Style Age 1930 Rooms 6 Bedrooms 2 Full baths 1 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.25 Roof Cover Wood Shin AEM Value - Building $608,500.00 AEM Value - Land $2,046,100.00 AEM Value - Other $5,100.00 AEM Value - Total $2,659,700.00
A) 184 Barcliff Avenue 0.7 6/28/2024 $3,675,000 1,721 1.85 $2135.39 Antique 1900 8 4 1 1 Gas 0.23 Asph/Cmp Shin $331,800 $673,300 $9,400 $1,014,500
B) 98 Orleans Road 0.9 6/25/2024 $1,557,500 2,242 1.75 $694.69 Cape 1997 7 3 4 1 Gas 0.36 Asph/Cmp Shin $1,117,000 $288,100 $0 $1,405,100
C) 920 Main Street 1.0 5/15/2024 $1,030,000 2,408 1.75 $427.74 Cape 2005 6 3 2 1 Gas 0.32 Asph/Cmp Shin $713,600 $240,000 $0 $953,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 191 Shore Road 1/20/1995 $272,500 0 Old Style 2,177 0.25 2 1-1 -
  Criteria
A 184 Barcliff Avenue 6/28/2024 $3,675,000 0.7 Antique 1,721 0.23 4 1-1
B 98 Orleans Road 6/25/2024 $1,557,500 0.9 Cape 2,242 0.36 3 4-1
C 920 Main Street 5/15/2024 $1,030,000 1.0 Cape 2,408 0.32 3 2-1
Averages 20 days $2,087,500 0.87 --- 2,124 0.3 --- ---  

Estimation of Market Value - $3,538,890

As of today, 07/02/2024, the estimated market value of 191 Shore Road, Chatham considering the above 3 comparable properties is $3,538,890.

 

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
@ 191 Shore Road 1/20/1995 $272,500 0 Old Style 2,177 0.25 2 1-1 -
  Criteria
A 179 Shore Road 12/28/1995 $325,000 0.0 New Style 3,013 0.58 4 3-1
B 70 Bay Lane 8/1/2005 $1 0.0 Cape 2,035 0.38 5 2-0
C 209 Shore Road Unit X2 11/13/2007 $995,000 0.0 Town Hse End 1,680 0 2 2-0
D 209 Shore Road Unit X3 3/15/2016 $558,000 0.0 Free Standing 437 0 1 1-0
E 209 Shore Road Unit X1 7/31/2007 $1,750,000 0.0 Town Hse End 2,312 0 3 4-1
F 209 Shore Road 1/18/1983 $0 0.0 0.8 0 0-0
G 169 Shore Road 9/17/2021 $1 0.0 Colonial 3,319 0.53 4 2-1
H 166 Chatham Bars Avenue 7/11/2018 $1 0.0 Cape 1,814 0.25 2 3-0
I 196 Shore Road 11/4/1959 $1 0.0 Motel/Hotel 10,040 3.2 -
J 168 Shore Road 12/19/2012 $1 0.0 Colonial 4,082 0.77 4 5-0
K 60 Bay Lane 5/26/2017 $3,315,000 0.1 New Style 3,166 0.5 4 4-1
L 156 Chatham Bars Avenue 4/22/2021 $1,850,000 0.1 Reno'D Antique 1,969 0.38 5 3-1
M 216 Shore Road 3/20/2023 $1 0.1 Old Style 1,490 0.46 2 2-0
N 187 Chatham Bars Avenue 11/6/2000 $970,000 0.1 Cape 2,820 0.3 4 3-0
O 173 Chatham Bars Avenue 12/18/2015 $1 0.1 Cape 1,805 0.21 3 3-1
P 48 Bay Lane $375,000 0.1 Cape 1,953 0.38 4 3-0
Q 157 Shore Road 2/28/2014 $2,750,000 0.1 New Style 6,042 1.29 4 5-2
R 0 Kettle Drum Lane 7/19/1982 $1 0.1 0.43 -
S 215 Shore Road 11/7/2016 $3,675,000 0.1 New Style 4,271 0.32 4 4-2
T 14 Kettle Drum Lane 4/17/2009 $10 0.1 Reno'D Antique 1,723 0.22 3 3-1
U 37 Bay Lane 12/20/2022 $10 0.1 Cape 3,380 1.12 5 3-2
V 146 Shore Road 11/18/2010 $1 0.1 Old Style 4,136 0.5 4 3-1
W 9 Claflin Landing 9/19/2018 $3,000,000 0.1 Cape 4,051 0.68 4 4-1
X 38 Bay Lane 8/9/2019 $1 0.1 Cape 3,058 0.34 4 3-1
Y 162 Shore Road 10/15/2021 $12,000,000 0.1 Reno'D Antique 2,358 1.51 4 3-1
Z 26 Claflin Landing 6/24/2011 $10 0.1 Ranch 1,003 0.97 2 2-0
- 153 Shore Road 11/18/1992 $1 0.1 Cape 3,079 1.06 3 2-1
- 221 Shore Road 6/19/1997 $920,000 0.1 Old Style 3,472 0.63 6 5-0
- 166 Shore Road 5/2/2016 $1 0.1 Cape 1,738 1.13 3 3-0
- 19 Kettle Drum Lane 10/3/1997 $100 0.1 Ranch 1,754 0.44 3 3-0
- 28 Bay Lane 11/4/2022 $1 0.1 Cape 1,770 0.38 3 2-0
- 154 Shore Road 8/5/2015 $2,775,000 0.1 Ranch 2,378 1.32 3 4-1
- 27 Bay Lane 7/25/2017 $1 0.1 Colonial 3,790 0.5 5 4-1
- 276 Shore Road 6/3/2006 $119,000,000 0.1 0.62 0 0-0
- 38 Kettle Drum Lane 6/24/2011 $10 0.1 B&B/Inn 1,662 0.9 -
- 132 Shore Road 9/30/2016 $10,800,000 0.1 New Style 7,320 1.28 6 7-1
Averages 5491 days $4,584,949 0.07 --- 2,748 0.68 --- ---  
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
16E-17-4 191 Shore Road