531 Riverview Drive, Chatham, MA 02633

531 Riverview Drive Chatham MA 02633
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Owner Information
Owner 1
William G Litchfield & Anne Marie
Owner 2
Owner's Address
531 Riverview Dr Chatham, MA 02633
Market Sale Information
Most recent sale date
3/26/2002
Previous sale date
11/1/1967
Transfer document #
(164675)-
Previous transfer document
(41401)
Grantor
Edward Leighten
Previous grantor
Most recent sale price
$400,000.00
Previous sale price
$1.00
Site Information
Property ID
7J-9-C59
Lot Size
1.06
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Cape
Number of Rooms
6
Stories
1.75
Number of Beds
3
Year Built
1973
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2583
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Carpet/Hardwd
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
$542,800.00
Total value
$1,344,400.00
Building value
$799,800.00
Estimated tax
$4,799.00
Yard improvement value
$1,800.00
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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 531 Riverview Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $154.86 Style Cape Age 1973 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 1.06 Roof Cover Asph/Cmp Shin AEM Value - Building $799,800.00 AEM Value - Land $542,800.00 AEM Value - Other $1,800.00 AEM Value - Total $1,344,400.00
A) 100 Round Cove Road 0.3 2/9/2024 $1,375,000 2,427 1.85 $566.54 Cape 2014 7 3 2 1 Gas 0.68 Asph/Cmp Shin $894,600 $307,000 $0 $1,201,600
B) 48 Wading Place Path 0.5 1/12/2024 $925,000 2,522 1.75 $366.77 Cape 1970 7 4 3 0 Oil 0.65 Asph/Cmp Shin $618,400 $316,200 $0 $934,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 531 Riverview Drive 3/26/2002 $400,000 0 Cape 2,583 1.06 3 2-0 -
  Criteria
A 100 Round Cove Road 2/9/2024 $1,375,000 0.3 Cape 2,427 0.68 3 2-1
B 48 Wading Place Path 1/12/2024 $925,000 0.5 Cape 2,522 0.65 4 3-0
Averages 161 days $1,150,000 0.40 --- 2,475 0.66 --- ---  

Estimation of Market Value - $1,323,955

As of today, 07/04/2024, the estimated market value of 531 Riverview Drive, Chatham considering the above 2 comparable properties is $1,323,955.

 

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
@ 531 Riverview Drive 3/26/2002 $400,000 0 Cape 2,583 1.06 3 2-0 -
  Criteria
A 509 Riverview Drive 8/31/2023 $1,725,000 0.0 Cape 3,136 1.08 5 3-1
B 549 Riverview Drive 8/1/2018 $100 0.0 Cape 2,480 1.16 3 3-1
C 0 Muddy Creek 11/30/1970 $1 0.0 11.7 -
D 520 Riverview Drive 10/1/1999 $300,000 0.1 Cape 2,204 0.81 4 2-0
E 536 Riverview Drive 1/10/2019 $1 0.1 Cape 2,037 0.81 4 2-0
F 493 Riverview Drive 8/17/2006 $1 0.1 Cape 3,064 1.03 5 3-0
G 563 Riverview Drive $301,500 0.1 Ranch 2,082 1.08 3 2-0
H 502 Riverview Drive 4/26/2000 $280,000 0.1 Ranch 1,786 0.81 3 2-0
I 558 Riverview Drive 5/11/1992 $210,000 0.1 Ranch 2,097 0.91 2 2-0
J 217 Round Cove Road 12/30/2020 $620,000 0.1 Cape 2,298 0.46 3 2-0
K 209 Round Cove Road 7/2/2010 $605,000 0.1 Cape 2,226 0.46 3 2-1
L 486 Riverview Drive 9/30/2019 $100 0.1 Cape 3,145 0.79 3 3-1
M 229 Round Cove Road 5/1/1982 $22,500 0.1 Cape 1,519 0.48 2 2-0
N 191 Round Cove Road 10/20/2023 $1,325,000 0.1 Cape 3,034 0.56 4 3-1
O 581 Riverview Drive 3/25/2022 $890,000 0.1 Ranch 1,711 1.05 3 1-1
P 473 Riverview Drive 2/19/2014 $355,000 0.1 Cape 2,151 0.97 3 2-0
Q 576 Riverview Drive 1/24/2004 $1 0.1 Cape 4,030 0.92 4 3-1
R 237 Round Cove Road 1/15/2013 $1 0.1 Ranch 2,181 0.49 3 3-1
S 187 Round Cove Road 12/14/2020 $1 0.1 Cape 3,381 0.65 3 3-1
T 470 Riverview Drive 11/26/2007 $1 0.1 Cape 2,353 0.91 4 2-1
U 257 Round Cove Road 6/15/2017 $470,000 0.1 Ranch 1,925 0.49 3 2-0
Averages 5511 days $338,296 0.08 --- 2,326 1.32 --- ---  
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
7J-9-C59 531 Riverview Drive