7 Lantern Lane, South Chatham, MA 02659

7 Lantern Lane South Chatham MA 02659
Owner Information
Owner 1
R & G Davis Realty Trust
Owner 2
W Richard & Gail E Davis
Owner's Address
233 Neoiden St Needham, MA 02492
Market Sale Information
Most recent sale date
1/8/2009
Previous sale date
10/3/1950
Transfer document #
23357-210
Previous transfer document
765-183
Grantor
Richard W Davis
Previous grantor
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
5D-17-D1
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape
Number of Rooms
6
Stories
1.75
Number of Beds
4
Year Built
1950
Number of full baths
1
Condition
Number of half baths
1
Finished Area
2445
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Hardwood
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
$393,700.00
Total value
$1,067,500.00
Building value
$673,800.00
Estimated tax
$3,810.00
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 7 Lantern Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Age 1950 Rooms 6 Bedrooms 4 Full baths 1 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.5 Roof Cover Asph/Cmp Shin AEM Value - Building $673,800.00 AEM Value - Land $393,700.00 AEM Value - Other $0.00 AEM Value - Total $1,067,500.00
A) 48 Sylvan Way 0.4 5/20/2024 $1,150,000 3,042 1.75 $378.04 Cape 2005 7 3 2 1 Oil 3.45 Asph/Cmp Shin $830,900 $327,400 $35,100 $1,193,400
B) 65 Geranium Drive 1.0 5/15/2024 $2,640,000 3,025 1.75 $872.73 Cape 1956 6 3 2 1 Gas 0.67 Asph/Cmp Shin $1,085,700 $1,192,100 $0 $2,277,800
C) 55 Tanglewood Drive 1.0 3/29/2024 $1,150,000 2,491 1.75 $461.66 Cape 1976 8 3 2 1 Gas 0.52 Asph/Cmp Shin $868,300 $213,300 $600 $1,082,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Lantern Lane 1/8/2009 $1 0 Cape 2,445 0.5 4 1-1 -
  Criteria
A 48 Sylvan Way 5/20/2024 $1,150,000 0.4 Cape 3,042 3.45 3 2-1
B 65 Geranium Drive 5/15/2024 $2,640,000 1.0 Cape 3,025 0.67 3 2-1
C 55 Tanglewood Drive 3/29/2024 $1,150,000 1.0 Cape 2,491 0.52 3 2-1
Averages 56 days $1,646,667 0.78 --- 2,853 1.55 --- ---  

Estimation of Market Value - $1,284,740

As of today, 06/26/2024, the estimated market value of 7 Lantern Lane, South Chatham considering the above 3 comparable properties is $1,284,740.

 

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
@ 7 Lantern Lane 1/8/2009 $1 0 Cape 2,445 0.5 4 1-1 -
  Criteria
A 83 Cockle Cove Road 10/13/2021 $1 0.0 Cape 1,596 0.25 3 2-0
B 12 Bayberry Lane 10/3/2000 $280,000 0.0 Ranch 988 0.23 3 2-0
C 25 Lantern Lane 2/12/2014 $1 0.0 Ranch 880 0.16 2 1-0
D 16 Lantern Lane 7/15/2013 $1 0.0 Ranch 588 0.38 2 2-0
E 103 Cockle Cove Road 7/15/2013 $1 0.0 Contemporary 2,009 0.38 4 2-0
F 6 Cranberry Way 6/13/2022 $10 0.0 Cape 1,494 0.25 2 2-0
G 18 Cranberry Way 12/29/2004 $1 0.0 Cape 1,825 0.25 3 2-0
H 24 Lantern Lane 3/14/2016 $1 0.0 Cottage 616 0.26 2 1-0
I 4 Bearberry Lane 5/22/2024 $1,200,000 0.0 Colonial 1,709 0.27 3 2-0
J 35 Lantern Lane 12/17/2014 $1 0.0 Cottage 520 0.23 2 1-0
K 7 Bearberry Lane 2/16/1993 $1 0.0 Ranch 1,328 0.27 3 3-0
L 34 Lantern Lane 2/7/1990 $1 0.0 Cape 1,806 0.37 3 2-0
M 34 Cranberry Way 3/8/2006 $1 0.1 Ranch 948 0.38 2 1-0
N 19 Cranberry Way 5/7/2010 $385,000 0.1 Cape 2,296 0.21 3 2-1
O 61 Cockle Cove Road 5/27/2021 $1 0.1 Cape 864 0.21 2 1-0
P 137 Cockle Cove Road 11/1/1994 $155,000 0.1 Cape 2,475 0.7 4 2-0
Q 45 Lantern Lane 10/22/2021 $125,000 0.1 Cottage 520 0.2 2 1-0
R 25 Patuxet Trail 10/16/2015 $1 0.1 Cottage 876 0.32 2 1-0
S 27 Cranberry Way 1/12/2016 $1 0.1 Cape 2,226 0.25 3 2-1
T 112 Cockle Cove Road 10/1/1986 $1 0.1 Ranch 1,140 0.42 3 2-0
U 44 Cranberry Way 8/29/2016 $500,000 0.1 Ranch 1,374 0.25 3 2-1
V 80 Cockle Cove Road 3/29/2004 $1 0.1 Ranch 684 0.95 2 1-0
W 33 Patuxet Trail 6/8/2021 $1 0.1 Ranch 1,069 0.29 2 1-1
X 18 Bearberry Lane 3/11/2009 $99 0.1 Cape 1,715 0.28 3 2-0
Y 44 Lantern Lane 3/14/2016 $1 0.1 Cottage 520 0.36 2 1-0
Z 35 Cranberry Way 12/30/2013 $1 0.1 Cottage 812 0.25 2 1-0
- 24 Songbird Lane 4/4/2019 $1 0.1 Ranch 1,236 0.47 3 2-0
- 30 Cockle Cove Road 12/30/2015 $770,000 0.1 Cape 2,311 0.47 3 2-1
- 22 Island View Lane 2/26/2021 $850,000 0.1 Cape 1,476 0.24 2 2-0
- 53 Cockle Cove Road 6/25/1987 $0 0.1 Ranch 1,332 0.2 3 1-0
- 39 Patuxet Trail 7/27/2004 $1 0.1 Cottage 926 0.24 2 1-0
- 19 Bearberry Lane 9/30/2019 $1 0.1 Colonial 1,332 0.38 3 2-0
- 54 Cranberry Way 9/24/2013 $335,000 0.1 Ranch 912 0.25 2 1-0
- 55 Lantern Lane 12/16/2020 $1 0.1 Ranch 1,328 0.33 3 1-0
- 30 Island View Lane 9/1/2021 $875,000 0.1 Ranch 1,421 0.27 3 2-0
- 47 Cranberry Way 10/12/2018 $468,000 0.1 Ranch 868 0.25 2 2-0
- 120 Cockle Cove Road 8/10/2023 $100 0.1 Cape 1,638 0.77 2 3-0
- 21 Songbird Lane 10/7/2020 $575,000 0.1 Ranch 1,040 0.72 3 2-0
- 47 Patuxet Trail 8/30/2022 $1 0.1 Cottage 540 0.22 1 1-0
- 54 Lantern Lane 3/14/2016 $1 0.1 Ranch 1,528 0.23 3 4-0
- 0 Cockle Cove Road 10/1/1986 $100 0.1 0.36 -
- 22 Bearberry Lane 1/16/1997 $178,120 0.1 Ranch 1,380 0.34 3 1-1
- 134 Cockle Cove Road 12/4/2020 $950,000 0.1 Cape 1,638 0.33 5 2-0
- 38 Island View Lane 8/17/2022 $1 0.1 Cape 1,649 0.33 3 2-1
- 55 Cranberry Way 12/21/2017 $1 0.1 Ranch 832 0.25 2 1-0
- 64 Cranberry Way 8/12/2016 $1 0.1 Cape 1,152 0.25 2 2-0
- 16 Patuxet Trail 11/25/2013 $1 0.1 Cottage 528 0.22 1 1-0
- 55 Patuxet Trail 11/26/2018 $1 0.1 Cottage 570 0.21 1 1-0
- 24 Patuxet Trail 10/28/2021 $361,000 0.1 Cottage 528 0.2 1 1-0
- 147 Cockle Cove Road 4/6/2010 $100 0.1 Cape 1,922 0.36 3 3-0
- 44 Songbird Lane $111,000 0.1 Cape 2,679 0.47 3 3-1
- 30 Patuxet Trail 1/6/2021 $1 0.1 Cottage 676 0.19 1 1-0
- 7 Island View Lane 8/22/2016 $525,000 0.1 Ranch 1,144 0.31 3 2-0
- 65 Lantern Lane 9/3/2020 $440,000 0.1 Ranch 1,251 0.25 3 1-0
- 58 Island View Lane 7/9/2004 $1 0.1 Cape 2,134 0.4 2 3-1
- 38 Patuxet Trail 1/26/2024 $410,000 0.1 Cottage 516 0.19 2 1-0
- 19 Island View Lane 11/21/2016 $580,000 0.1 Ranch 1,120 0.4 3 2-0
- 66 Lantern Lane 10/6/2010 $1 0.1 Ranch 1,144 0.23 2 2-0
- 35 Songbird Lane 10/23/2014 $660,000 0.1 Cape 1,729 0.46 3 2-2
- 128 Cockle Cove Road 11/3/2022 $1 0.1 Cape 2,827 0.3 4 3-1
- 61 Patuxet Trail 1/4/2023 $633,750 0.1 Cottage 945 0.21 2 2-0
- 51 Uncle Deanes Road 9/6/2022 $100 0.1 Cape 1,512 0.34 4 1-1
- 46 Patuxet Trail 10/13/1994 $1 0.1 Cottage 876 0.19 2 2-0
- 39 Uncle Deanes Road 2/1/2019 $10 0.1 Cape 832 0.32 2 1-0
- 65 Uncle Deanes Road 9/29/2017 $574,900 0.1 Cape 1,008 0.34 3 2-0
- 146 Cockle Cove Road 5/25/2021 $1 0.1 Cape 3,391 0.68 3 2-1
- 0 Island View Lane 1/20/1971 $8,000 0.1 0.42 -
- 23 Cockle Drive 2/25/2008 $411,000 0.1 Ranch 1,098 0.21 3 2-0
- 29 Cockle Drive 6/30/2010 $1 0.1 Ranch 864 0.21 3 1-0
- 68 Island View Lane 11/16/2020 $771,000 0.1 Cape 1,911 0.49 4 3-0
- 54 Patuxet Trail 4/8/2014 $1 0.1 Cottage 930 0.19 2 2-0
- 0 Island View Lane 12/30/1977 $15,000 0.1 0.33 -
- 29 Cockle Cove Road 8/5/2022 $655,000 0.1 Ranch 617 0.15 2 1-0
- 161 Cockle Cove Road 10/31/2022 $1,758,000 0.1 Reno'D Antique 2,300 0.25 4 3-0
- 69 Patuxet Trail 11/16/2005 $100 0.1 Cottage 828 0.2 2 1-0
- 75 Cranberry Way 11/12/2015 $0 0.1 Ranch 870 0.55 2 1-0
- 81 Uncle Deanes Road 5/18/2017 $449,000 0.1 Cape 1,601 0.34 4 2-0
- 41 Cockle Drive 5/5/2004 $1 0.1 Ranch 848 0.22 3 1-0
Averages 4291 days $205,249 0.08 --- 1,239 0.32 --- ---  
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
5D-17-D1 7 Lantern Lane