40 Gladen Lane, Chatham, MA 02633

Owner Information
Owner 1
Waters Rev Re Trust
Owner 2
Michael S Waters & Sara H Cotrstes
Owner's Address
300 E 75Th St Apt 29J New York, NY 10021-3382
Market Sale Information
Most recent sale date
11/15/2023
Previous sale date
8/5/2021
Transfer document #
36088-108
Previous transfer document
34359-259
Grantor
Michael S Waters Rev Trust
Previous grantor
Michael S Waters
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
16G-2-P2
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
R40
Building Style
Cape
Number of Rooms
8
Stories
1.75
Number of Beds
5
Year Built
1989
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2142
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
Oil
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$872,400.00
Total value
$1,657,600.00
Building value
$785,200.00
Estimated tax
$5,751.00
Yard improvement value
$0.00
Certified Mass Appraisal
200720082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Subject Property17 Menekish Lane504 Stony Hill Road172 Barcliff Avenue330 Crowell Road22 Cahoons Hollow40 Gladen Lane48 Bay Lane26 Seaview Street30 Shore Road47 Quasson Road$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)Total Assessment
Address 40 Gladen Lane A) 17 Menekish LaneB) 172 Barcliff AvenueC) 48 Bay LaneD) 26 Seaview StreetE) 330 Crowell RoadF) 504 Stony Hill RoadG) 22 Cahoons HollowH) 30 Shore RoadI) 47 Quasson Road
Photo
Plan
Map
Proximity 0.20.20.60.70.70.70.90.90.9
Last Sold 2/20/20253/20/20254/4/20252/27/20254/3/20252/28/20251/24/20251/14/20252/3/2025
Price $1,400,000$1,900,000$2,250,000$2,850,000$2,200,000$1,800,000$2,350,000$1,038,333$2,850,000
Net Living Area 2,1241,7241,9532,4082,0901,9041,8832,0482,399
Stories 1.951.91.7521.7511.91.751.9
Sale Price/sft $0.00$659.13$1102.09$1152.07$1183.55$1052.63$945.38$1248.01$507.00$1187.99
Style CapeColonialReno'D AntiqueCapeColonialCapeRanchCapeCapeColonial
Age 1989198419001953200520121946200919601956
Rooms 8777869086
Bedrooms 5354435343
Full baths 3233532323
Half baths 1000110100
Gross Living Area
Heating Fuel OilOilGasGasGasGasOilGasElectricGas
Detached Garage
Lot Size 0.460.430.630.380.250.690.910.190.460.46
Roof Cover Asph/Cmp ShinAsph/Cmp ShinAsph/Cmp ShinAsph/Cmp ShinWood ShinAsph/Cmp ShinAsph/Cmp ShinAsph/Cmp ShinAsph/Cmp ShinAsph/Cmp Shin
AEM Value - Building $785,200.00$594,600$647,500$458,900$1,118,700$1,185,200$475,000$653,200$398,300$488,100
AEM Value - Land $872,400.00$564,200$833,600$1,230,100$1,011,500$338,900$1,068,000$975,600$2,058,800$2,058,800
AEM Value - Other $0.00$19,400$73,800$0$0$33,400$0$0$18,300$6,900
AEM Value - Total $1,657,600.00$1,178,200$1,554,900$1,689,000$2,130,200$1,557,500$1,543,000$1,628,800$2,475,400$2,553,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Gladen Lane 11/15/2023 $1 0 Cape 2,142 0.46 5 3-1 -
  Criteria
A 17 Menekish Lane 2/20/2025 $1,400,000 0.2 Colonial 2,124 0.43 3 2-0
B 172 Barcliff Avenue 3/20/2025 $1,900,000 0.2 Reno'D Antique 1,724 0.63 5 3-0
C 48 Bay Lane 4/4/2025 $2,250,000 0.6 Cape 1,953 0.38 4 3-0
D 26 Seaview Street 2/27/2025 $2,850,000 0.7 Colonial 2,408 0.25 4 5-1
E 330 Crowell Road 4/3/2025 $2,200,000 0.7 Cape 2,090 0.69 3 3-1
F 504 Stony Hill Road 2/28/2025 $1,800,000 0.7 Ranch 1,904 0.91 5 2-0
G 22 Cahoons Hollow 1/24/2025 $2,350,000 0.9 Cape 1,883 0.19 3 3-1
H 30 Shore Road 1/14/2025 $1,038,333 0.9 Cape 2,048 0.46 4 2-0
I 47 Quasson Road 2/3/2025 $2,850,000 0.9 Colonial 2,399 0.46 3 3-0
Averages 83 days $2,070,926 0.66 --- 2,059 0.49 --- ---  

Estimation of Market Value - $2,024,156

As of today, 05/19/2025, the estimated market value of 40 Gladen Lane, Chatham considering the above 9 comparable properties is $2,024,156.

 

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
Subject Property76-80 Barcliff Avenue106 Barcliff Avenue338 Old Harbor Road64 Barcliff Avenue108 Barcliff Avenue50 Barcliff Avenue62 Barcliff Avenue25 Sail A Way29 Gladen Lane20 Sail A Way32 Gladen Lane18 Courtnell Road40 Gladen Lane30 Courtnell Road32 Barcliff Avenue390 Old Harbor Road599 Shore Road586 Shore Road378 Old Harbor Road92 Barcliff Avenue25 Courtnell Road455 Shore Road469 Shore Road568 Shore Road84 Barcliff Avenue581 Shore Road364 Old Harbor Road$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Gladen Lane 11/15/2023 $1 0 Cape 2,142 0.46 5 3-1 -
  Criteria
A 47 Gladen Lane 6/27/2024 $2,350,000 0.0 Cape 3,203 0.47 4 3-0
B 16 Aunt Lydias Way 3/7/2023 $0 0.0 Colonial 6,493 0.6 5 3-3
C 547 Shore Road 7/19/2013 $1 0.0 Colonial 3,545 1.05 4 3-1
D 32 Gladen Lane 6/22/2022 $1,995,000 0.0 Cape 1,999 0.51 3 2-1
E 25 Courtnell Road 11/18/1996 $310,000 0.0 Colonial 2,170 0.53 3 2-1
F 62 Barcliff Avenue 9/26/1996 $1 0.0 Cape 1,992 0.86 3 2-0
G 525 Shore Road 3/22/2022 $2,900,000 0.0 Cape 3,436 0.46 4 2-1
H 17 Aunt Lydias Way 7/11/2023 $1 0.0 Cape 3,896 0.57 5 4-1
I 499 Shore Road 9/21/2022 $1 0.1 Colonial 4,172 0.5 5 4-0
J 29 Gladen Lane 4/19/2023 $1 0.1 Cape 2,248 0.3 3 2-1
K 563 Shore Road 3/24/2004 $1 0.1 Colonial 2,952 0.52 5 4-1
L 84 Barcliff Avenue 10/4/2018 $2,230,000 0.1 Cape 4,532 1.02 4 4-1
M 485 Shore Road 2/10/2023 $100 0.1 Cape 4,483 0.65 5 5-1
N 25 Sail A Way 2/12/2019 $1 0.1 Cape 2,464 0.56 4 3-0
O 30 Courtnell Road 10/21/1994 $290,000 0.1 Cape 1,849 0.51 3 2-0
P 64 Barcliff Avenue 11/26/2018 $950,000 0.1 Ranch 885 0.71 2 1-0
Q 18 Courtnell Road 7/30/1992 $1 0.1 Ranch 1,522 0.5 3 2-0
R 32 Barcliff Avenue 1/27/2003 $1 0.1 Ranch 1,753 0.96 3 1-1
S 50 Barcliff Avenue 2/28/2020 $100 0.1 Old Style 2,578 0.61 6 4-0
T 469 Shore Road 3/7/2005 $1,550,000 0.1 Colonial 4,160 0.46 4 5-1
U 581 Shore Road 6/21/2024 $5,000,000 0.1 Colonial 4,452 0.49 5 6-1
V 76-80 Barcliff Avenue 1/30/2017 $1 0.1 Town Hse Mid 3,438 0.99 3 3-1
W 20 Sail A Way 11/30/1990 $280,000 0.1 Cape 2,818 0.47 4 3-0
X 106 Barcliff Avenue 1/23/2009 $629,904 0.1 Cape 1,368 0.95 3 2-0
Y 568 Shore Road 1/6/2017 $1 0.1 Reno'D Antique 3,767 0.61 4 3-0
Z 520 Shore Road 12/27/2012 $1 0.1 Cape 6,017 2.93 7 5-2
- 455 Shore Road 2/16/2022 $100 0.1 Colonial 2,704 0.83 5 3-0
- 378 Old Harbor Road 7/2/1991 $200,000 0.1 Cape 3,503 0.5 3 3-0
- 500 Shore Road 5/2/2022 $7,275,000 0.1 Cape 3,622 0.91 4 3-1
- 390 Old Harbor Road 9/18/2023 $1,875,000 0.1 Cape 2,876 0.49 4 2-1
- 552 Shore Road 10/12/2012 $1 0.1 Old Style 6,172 2.86 7 6-1
- 92 Barcliff Avenue 10/15/2001 $750,000 0.1 Reno'D Antique 2,659 0.5 5 3-0
- 498 Shore Road 10/29/2021 $8,249,000 0.1 New Style 3,514 0.82 5 6-1
- 586 Shore Road 9/1/1984 $185,000 0.1 Cape 2,095 0.38 3 2-0
- 108 Barcliff Avenue 5/21/1999 $270,000 0.1 Ranch 1,119 0.52 3 1-0
- 364 Old Harbor Road 11/18/2022 $4,090,000 0.1 Reno'D Antique 4,279 0.47 8 8-0
- 599 Shore Road 5/9/2024 $1 0.1 Colonial 2,244 0.46 4 3-0
- 338 Old Harbor Road 1/31/1995 $165,000 0.1 Reno'D Antique 864 0.58 3 1-1
Averages 4821 days $1,093,269 0.08 --- 3,101 0.74 --- ---  
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
16G-2-P2 40 Gladen Lane