7 East Chop Drive, Oak Bluffs, MA 02557

7 East Chop Drive Oak Bluffs MA 02557
Owner Information
Owner 1
7 East Chop LLC
Owner 2
Owner's Address
164 Shore Rd Old Greenwich, CT 06870
Market Sale Information
Most recent sale date
10/14/2021
Previous sale date
5/5/2008
Transfer document #
1598-1091
Previous transfer document
1150-120
Grantor
Allen W Schofield
Previous grantor
Doris M Schofield
Most recent sale price
$3,450,000.00
Previous sale price
$1.00
Site Information
Property ID
8-136-0
Lot Size
0.12
Use Code
105 - Residential, three family
Zoning
Building Style
Conversion
Number of Rooms
9
Stories
2
Number of Beds
6
Year Built
1850
Number of full baths
4
Condition
Number of half baths
0
Finished Area
3422
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
W/W Carpet
Solar Hot Water
No
Roof Structure
Gable
Heating type
Forced Air
Roof Cover
Asph/Cmp Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$3,005,600.00
Total value
$3,696,400.00
Building value
$645,800.00
Estimated tax
$18,666.00
Yard improvement value
$45,000.00
Certified Mass Appraisal
200820092010201120142015201620172018201920202021202220232024$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
7 East Chop Drive$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 7 East Chop Drive
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft $1,008.18
Style Conversion
Age 1850
Rooms 9
Bedrooms 6
Full baths 4
Half baths 0
Gross Living Area
Heating Fuel Gas
Detached Garage
Lot Size 0.12
Roof Cover Asph/Cmp Shin
AEM Value - Building $645,800.00
AEM Value - Land $3,005,600.00
AEM Value - Other $45,000.00
AEM Value - Total $3,696,400.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 East Chop Drive 10/14/2021 $3,450,000 0 Conversion 3,422 0.12 6 4-0 -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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 Property19 New York Avenue6 Moss Avenue17 New York Avenue15 Wayland Avenue11 Wayland Avenue0 Sunset Lake3 Laurel Avenue13 Wayland Avenue21 New York Avenue5 Moss Avenue15 New York Avenue0 Washington Park6 Chapman Avenue0 Washington Park2 Chapman Avenue12 New York Avenue0 Lake Side Park9 Wayland Avenue95 Lake Avenue14 Plymouth Avenue7 East Chop Drive11 East Chop Drive19 East Chop Drive17 East Chop Drive9 East Chop Drive29 East Chop Drive23 East Chop Drive$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 East Chop Drive 10/14/2021 $3,450,000 0 Conversion 3,422 0.12 6 4-0 -
  Criteria
A 9 East Chop Drive 10/19/2018 $100 0.0 Old Style 1,998 0.13 4 2-1
B 11 East Chop Drive 3/21/2005 $1 0.0 Old Style 2,027 0.18 5 2-0
C 17 East Chop Drive 3/2/2016 $1 0.0 Old Style 2,578 0.23 4 2-0
D 0 Washington Park $0 0.0 1.84 -
E 19 East Chop Drive 4/28/2000 $100 0.0 Cape 2,438 0.33 5 3-0
F 95 Lake Avenue 10/1/1990 $0 0.1 0.38 0 0-0
G 23 East Chop Drive 9/11/2018 $2,800,000 0.1 Old Style 2,302 0.54 4 3-0
H 6 Chapman Avenue 2/8/1999 $1 0.1 Old Style 1,275 0.06 3 1-1
I 8 Chapman Avenue 6/29/1993 $0 0.1 Old Style 1,470 0.08 3 1-1
J 10 Chapman Avenue 6/27/2005 $1 0.1 Old Style 1,414 0.11 4 2-0
K 2 Chapman Avenue 3/5/2014 $10 0.1 Old Style 2,158 0.16 3 2-1
L 12 Chapman Avenue 9/27/2005 $1 0.1 Old Style 1,551 0.09 5 2-1
M 12 New York Avenue 11/29/2022 $1,650,000 0.1 Old Style 1,828 0.13 4 1-1
N 15 New York Avenue 12/26/2012 $1 0.1 Colonial 1,976 0.12 4 3-0
O 14 Chapman Avenue 6/1/2001 $1 0.1 Old Style 1,469 0.11 5 2-0
P 5 Moss Avenue $0 0.1 Old Style 1,870 0.11 3 1-0
Q 3 Summerfield Park 8/9/1994 $0 0.1 Old Style 1,242 0.06 4 1-1
R 5 Summerfield Park 1/9/1900 $0 0.1 Antique 869 0.11 2 0-1
S 0 Washington Park $0 0.1 3 -
T 17 New York Avenue 3/26/2021 $400,000 0.1 Old Style 1,680 0.11 4 1-0
U 16 Chapman Avenue 1/12/2015 $1,400,000 0.1 Restaurant 6,434 0.35 -
V 29 East Chop Drive 2/24/2012 $2,400,000 0.1 Colonial 2,518 0.39 4 2-1
W 0 Lake Side Park 1/9/1900 $0 0.1 6.1 -
X 6 Moss Avenue 3/9/2004 $0 0.1 Ranch 864 0.05 3 1-0
Y 19 New York Avenue 9/18/2024 $125,000 0.1 0.05 -
Z 0 Summerfield Park 1/9/1900 $0 0.1 0.13 -
- 9 Wayland Avenue 11/16/2001 $430,000 0.1 Old Style 2,592 0.11 6 3-1
- 18 Wayland Avenue 4/4/2012 $0 0.1 Old Style 1,479 0.11 3 1-1
- 11 Wayland Avenue 9/6/2018 $100 0.1 Old Style 1,000 0.06 3 1-0
- 0 Summerfield Park 1/9/1900 $0 0.1 1 -
- 21 New York Avenue 7/7/2022 $1 0.1 Old Style 1,825 0.09 4 2-0
- 3 Laurel Avenue 7/23/2024 $389,400 0.1 Old Style 1,584 0.11 4 3-0
- 0 Sunset Lake 1/9/1900 $0 0.1 3 -
- 13 Wayland Avenue 10/17/2014 $100 0.1 Old Style 1,025 0.06 3 1-0
- 15 Wayland Avenue 5/12/1994 $0 0.1 Old Style 914 0.06 5 1-0
- 14 Plymouth Avenue 4/5/1999 $100 0.1 Old Style 2,639 0.09 4 3-0
- 5 Laurel Avenue 10/18/2019 $742,000 0.1 Old Style 1,257 0.24 3 2-0
Averages 11562 days $279,376 0.09 --- 1,467 0.54 --- ---  
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
8 136 0 7 East Chop Drive