55 Independence Lane, Chatham, MA 02633

55 Independence Lane Chatham MA 02633
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Owner Information
Owner 1
Independence Lane 55 Re Trust
Owner 2
John F Lynch & Doggett Tiffany A
Owner's Address
55 Independence Ln Chatham, MA 02633
Market Sale Information
Most recent sale date
3/11/2022
Previous sale date
7/23/2020
Transfer document #
34967-212
Previous transfer document
33097-282
Grantor
John F Lynch
Previous grantor
Michael D Doyle
Most recent sale price
$1.00
Previous sale price
$1,750,000.00
Site Information
Property ID
13B-32-T2
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
4
Year Built
1983
Number of full baths
3
Condition
Number of half baths
0
Finished Area
2928
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Softwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Ht-Wt/Cool Air
Roof Cover
Wood Shin
Heating fuel
Oil
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,195,200.00
Total value
$2,056,300.00
Building value
$861,100.00
Estimated tax
$7,340.00
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 55 Independence Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Age 1983 Rooms 8 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.46 Roof Cover Wood Shin AEM Value - Building $861,100.00 AEM Value - Land $1,195,200.00 AEM Value - Other $0.00 AEM Value - Total $2,056,300.00
A) 276 Stage Harbor Road 0.1 12/29/2023 $2,000,000 2,732 1.75 $732.06 Cape 1988 0 4 3 1 Gas 0.72 Wood Shin $687,800 $1,288,100 $0 $1,975,900
B) 67 Capri Lane 0.3 4/16/2024 $3,400,000 2,560 2 $1328.13 Colonial 2022 6 3 2 1 0.5 $226,800 $1,453,800 $0 $1,680,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 55 Independence Lane 3/11/2022 $1 0 Cape 2,928 0.46 4 3-0 -
  Criteria
A 276 Stage Harbor Road 12/29/2023 $2,000,000 0.1 Cape 2,732 0.72 4 3-1
B 67 Capri Lane 4/16/2024 $3,400,000 0.3 Colonial 2,560 0.5 3 2-1
Averages 82 days $2,700,000 0.19 --- 2,646 0.61 --- ---  

Estimation of Market Value - $3,012,272

As of today, 05/13/2024, the estimated market value of 55 Independence Lane, Chatham considering the above 2 comparable properties is $3,012,272.

 

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
@ 55 Independence Lane 3/11/2022 $1 0 Cape 2,928 0.46 4 3-0 -
  Criteria
A 340 Stage Harbor Road 1/6/2023 $1 0.0 Cape 5,393 0.97 4 5-1
B 62 Independence Lane 2/22/2017 $999,900 0.0 Cape 2,316 0.47 3 2-1
C 316 Stage Harbor Road 10/14/2010 $985,000 0.0 Reno'D Antique 1,660 0.92 5 2-0
D 44 Independence Lane 9/21/2012 $1 0.0 Cape 2,070 0.46 4 3-0
E 100 Independence Lane 6/5/2000 $1 0.0 Cape 2,635 0.46 3 3-0
F 330 Stage Harbor Road 3/3/2008 $2,925,000 0.1 Reno'D Antique 5,080 0.75 4 5-2
G 356 Stage Harbor Road 1/6/2023 $1,300,000 0.1 0.47 -
H 0 Cedar Street 11/17/2006 $1,000,000 0.1 3.23 -
I 368 Stage Harbor Road 7/31/2020 $1,475,000 0.1 Reno'D Antique 2,472 0.38 5 3-0
J 95 Independence Lane 7/13/2015 $0 0.1 Ranch 1,628 2 3 2-0
K 370 Stage Harbor Road 1/21/2009 $700,000 0.1 Colonial 2,269 0.68 4 2-1
L 24 Independence Lane 9/24/2004 $745,000 0.1 Colonial 3,276 0.57 4 4-1
M 376 Stage Harbor Road 3/31/2020 $10 0.1 Cape 2,090 0.24 3 2-0
N 111 Independence Lane 9/11/2008 $1 0.1 Cape 2,420 0.54 3 3-0
O 123 Cedar Street 10/2/2015 $1,750,000 0.1 Cape 3,292 0.84 4 4-1
P 17 Robinson Court 7/1/1997 $1 0.1 Cape 1,512 0.37 2 1-0
Q 347 Stage Harbor Road 4/12/1926 $0 0.1 Reno'D Antique 6,520 0.91 3 2-2
R 20 Robinson Court 1/27/1999 $1 0.1 Cape 1,999 0.33 2 3-0
S 310 Stage Harbor Road 12/15/2006 $1,440,000 0.1 Reno'D Antique 1,935 0.46 4 2-0
T 372 Stage Harbor Road 7/25/2019 $2,150,000 0.1 Cape 2,996 0.99 4 3-1
U 112 Independence Lane 1/12/2007 $1,140,000 0.1 Colonial 2,336 0.92 4 3-1
V 396 Stage Harbor Road 4/4/2002 $310,000 0.1 Colonial 3,844 0.64 3 4-0
W 329 Stage Harbor Road 12/14/2022 $1 0.1 Reno'D Antique 2,368 0.46 4 2-1
X 369 Stage Harbor Road 7/28/2023 $2,050,000 0.1 Reno'D Antique 2,953 0.8 3 2-0
Y 317 Stage Harbor Road 9/24/2013 $2,525,000 0.1 Cape 5,180 0.92 4 3-1
Z 286 Stage Harbor Road 3/19/1999 $237,000 0.1 Colonial 1,764 0.29 3 1-1
- 85 Cedar Street 8/22/2011 $1,540,000 0.1 Reno'D Antique 2,299 1.48 4 3-1
- 391 Stage Harbor Road 1/19/2001 $655,000 0.1 Colonial 2,600 0.66 3 3-1
- 115 Cedar Street 5/21/2020 $1,400,000 0.1 Cape 2,750 0.78 4 3-0
- 276 Stage Harbor Road 12/29/2023 $2,000,000 0.1 Cape 2,732 0.72 4 3-1
- 171 Cedar Street 2/23/2007 $792,500 0.1 Cape 2,128 1.51 4 3-1
- 129 Cedar Street 7/16/2010 $777,250 0.1 Antique 1,560 0.25 5 2-0
- 33 Taylor Lane 4/12/2019 $1 0.1 Colonial 2,016 0.54 4 2-1
- 139 Cedar Street 7/1/1997 $1 0.1 Cape 832 0.33 2 1-0
- 292 Stage Harbor Road 10/1/1984 $79,000 0.1 Colonial 1,834 0.17 3 4-1
- 404 Stage Harbor Road 4/19/2012 $1,175,000 0.1 Cape 2,260 0.3 4 4-1
Averages 5821 days $837,519 0.08 --- 2,528 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
13B-32-T2 55 Independence Lane