28 Somerset Drive, Chatham, MA 02633

28 Somerset Drive Chatham MA 02633
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Owner Information
Owner 1
John S Kraus
Owner 2
Owner's Address
28 Somerset Dr Chatham, MA 02633
Market Sale Information
Most recent sale date
2/12/2021
Previous sale date
8/3/2011
Transfer document #
33789-186
Previous transfer document
25601-221
Grantor
Kraus Family Trust
Previous grantor
Paula S Kraus
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
11G-67-H8
Lot Size
0.26
Use Code
101 - Residential, single family
Zoning
R60
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
3
Year Built
1969
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2316
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Hot Water
Roof Cover
Asph/Cmp Shin
Heating fuel
Oil
Frame type
Wood Frame
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$274,300.00
Total value
$746,000.00
Building value
$471,700.00
Estimated tax
$2,663.00
Yard improvement value
$0.00
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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 28 Somerset Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1969 Rooms 8 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.26 Roof Cover Asph/Cmp Shin AEM Value - Building $471,700.00 AEM Value - Land $274,300.00 AEM Value - Other $0.00 AEM Value - Total $746,000.00
A) 51 N Gate Road 0.5 2/27/2024 $1,600,000 2,116 1 $756.14 Ranch 1984 7 3 3 1 Gas 0.63 Asph/Cmp Shin $867,000 $314,300 $0 $1,181,300
B) 32 Wells Hollow 0.7 4/24/2024 $1,310,000 2,173 1.75 $602.85 Colonial 1985 6 3 2 1 Gas 0.24 Asph/Cmp Shin $486,200 $380,800 $14,100 $881,100
C) 920 Main Street 0.7 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
D) 82 Kent Road 0.8 5/10/2024 $1,605,000 2,076 1.75 $773.12 Cape 1957 0 3 3 0 Oil 0.74 Asph/Cmp Shin $395,700 $646,800 $0 $1,042,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 28 Somerset Drive 2/12/2021 $1 0 Colonial 2,316 0.26 3 2-1 -
  Criteria
A 51 N Gate Road 2/27/2024 $1,600,000 0.5 Ranch 2,116 0.63 3 3-1
B 32 Wells Hollow 4/24/2024 $1,310,000 0.7 Colonial 2,173 0.24 3 2-1
C 920 Main Street 5/15/2024 $1,030,000 0.7 Cape 2,408 0.32 3 2-1
D 82 Kent Road 5/10/2024 $1,605,000 0.8 Cape 2,076 0.74 3 3-0
Averages 32 days $1,386,250 0.67 --- 2,193 0.48 --- ---  

Estimation of Market Value - $1,241,535

As of today, 05/20/2024, the estimated market value of 28 Somerset Drive, Chatham considering the above 4 comparable properties is $1,241,535.

 

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
@ 28 Somerset Drive 2/12/2021 $1 0 Colonial 2,316 0.26 3 2-1 -
  Criteria
A 23 Andover Drive 5/14/2015 $1 0.0 Cape 2,254 0.25 4 2-0
B 29 Somerset Drive 6/19/2015 $450,000 0.0 Cape 2,023 0.3 3 2-1
C 36 Somerset Drive 2/21/2020 $1 0.0 Cape 2,578 0.26 3 2-1
D 10 Somerset Drive 12/28/2018 $504,000 0.0 Ranch 1,172 0.33 4 3-0
E 19 Somerset Drive 9/23/2011 $1 0.0 Ranch 2,129 0.3 3 2-0
F 306 Old Queen Anne Road 5/31/2018 $424,000 0.0 Cape 1,680 0.25 4 2-0
G 33 Andover Drive 6/24/1998 $146,000 0.0 Ranch 1,156 0.26 3 1-1
H 39 Somerset Drive 10/27/2020 $1 0.0 Colonial 2,590 0.29 3 2-0
I 26 Andover Drive 4/29/2019 $469,900 0.0 Cape 1,638 0.27 3 2-0
J 292 Old Queen Anne Road 5/9/2005 $1 0.0 Cape 1,805 0.34 3 2-0
K 330 Old Queen Anne Road 1/15/2021 $520,000 0.0 Cape 1,729 0.33 3 2-0
L 4 Wood Valley Road 10/25/2006 $1 0.0 Cape 1,224 0.39 3 2-1
M 60 Wood Valley Road 1/14/2016 $1 0.1 Cape 2,093 0.34 2 2-0
N 20 Wood Valley Road 3/23/2020 $250,000 0.1 Cape 3,305 0.34 2 4-0
O 38 Andover Drive 4/26/1996 $1 0.1 Ranch 936 0.33 3 2-0
P 36 Wood Valley Road 7/20/2023 $1 0.1 Cape 2,226 0.4 3 2-0
Q 0 Old Queen Anne Road 6/7/2017 $1 0.1 0.26 -
R 19 Winterset Drive 2/18/2021 $610,000 0.1 Cape 2,092 0.27 3 2-0
S 7 Winterset Drive 1/6/2022 $1 0.1 Cape 2,042 0.27 4 2-0
T 309 Old Queen Anne Road 1/10/2020 $619,900 0.1 Ranch 1,893 0.39 3 2-1
U 2 Wood Valley Road 9/1/1983 $19,000 0.1 Cape 1,764 0.46 3 1-1
V 323 Old Queen Anne Road 12/28/2012 $450,000 0.1 Ranch 1,336 0.35 3 2-0
W 303 Old Queen Anne Road 5/12/2022 $950,000 0.1 Ranch 1,040 0.47 2 2-0
X 31 Winterset Drive 3/12/2010 $465,000 0.1 Cape 2,410 0.25 3 3-0
Y 0 Old Queen Anne Road 6/7/2017 $1 0.1 0.3 -
Z 335 Old Queen Anne Road 11/30/2022 $960,000 0.1 Cape 2,073 0.33 4 3-1
- 45 Wood Valley Road 1/18/2022 $750,000 0.1 Cape 2,313 0.36 3 2-0
- 35 Wood Valley Road 10/7/2020 $735,000 0.1 Colonial 1,976 0.32 4 2-0
- 25 Wood Valley Road 4/23/2002 $1 0.1 Cape 2,004 0.34 3 2-0
- 6 Ethelma Drive 12/29/2020 $1 0.1 Cape 2,240 0.94 3 3-0
- 12 Winterset Drive 5/24/2011 $395,000 0.1 Cape 1,642 0.32 3 2-0
- 57 Wood Valley Road 9/23/2022 $1,175,000 0.1 Cape 2,653 0.56 4 3-0
- 24 Winterset Drive 7/26/2011 $1 0.1 Ranch 1,406 0.34 3 2-0
- 15 Wood Valley Road 4/11/2022 $1 0.1 Cape 2,058 0.45 3 3-0
- 0 Skyline Drive 9/17/2021 $422,000 0.1 0.55 -
- 349 Old Queen Anne Road 9/5/2013 $1 0.1 Cape 2,392 0.34 2 3-1
- 0 Winterset Drive 4/10/2023 $1,770,000 0.1 0.38 -
- 9 Ethelma Drive 5/23/2003 $360,000 0.1 Cape 1,680 0.24 4 2-0
- 26 Skyline Drive 5/26/2021 $746,767 0.1 Cape 1,720 0.85 3 1-1
- 55 Winterset Drive 4/10/2023 $1,770,000 0.1 Cape 3,366 1.05 3 3-1
- 48 Horizon Drive 11/6/2020 $439,000 0.1 Cape 1,911 0.41 4 3-0
- 262 Old Queen Anne Road 4/16/2019 $445,000 0.1 Ranch 1,148 0.27 2 2-0
- 34 Horizon Drive 7/31/2017 $440,000 0.1 Contemporary 1,944 0.5 3 3-0
- 110 Wood Valley Road 4/3/2003 $1 0.1 Cape 2,124 0.23 3 2-0
- 50 Winterset Drive 8/20/2010 $340,000 0.1 Ranch 1,288 0.33 3 3-0
- 357 Old Queen Anne Road 8/23/2002 $345,000 0.1 Cape 2,175 0.3 4 2-0
- 56 Horizon Drive $55,900 0.1 Colonial 2,160 0.54 3 2-1
- 263 Old Queen Anne Road 7/2/2021 $600,000 0.1 Cape 1,680 0.23 3 2-0
- 24 Ethelma Drive 1/29/2021 $1 0.1 Ranch 1,360 0.85 4 2-0
- 0 Agnes Lane 8/17/1971 $0 0.1 0.25 -
- 28 Horizon Drive 4/4/2000 $85,000 0.1 Cape 2,825 0.87 3 3-1
- 107 Wood Valley Road 4/23/2015 $330,000 0.1 Cape 1,758 0.31 3 2-0
- 88 Horizon Drive 12/2/2019 $492,500 0.1 Ranch 1,334 0.47 2 2-1
- 74 Horizon Drive 8/19/2015 $1 0.1 Colonial 2,384 0.7 4 2-1
- 5 Skyline Drive 9/20/2017 $499,000 0.1 Ranch 1,040 0.48 2 2-0
- 25 Ethelma Drive 4/1/2024 $1,370,000 0.1 Cape 1,656 0.31 3 2-1
- 255 Old Queen Anne Road 9/18/2017 $375,000 0.1 Ranch 936 0.23 2 1-0
- 56 Skyline Drive 12/31/2020 $1 0.1 Cape 2,392 0.56 4 2-0
Averages 3529 days $358,241 0.08 --- 1,737 0.4 --- ---  
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
11G-67-H8 28 Somerset Drive