55 Library Lane, Chatham, MA 02633

Owner Information
Owner 1
55 Library Lane Realty Trust
Owner 2
Richard J Mack & Carol L
Owner's Address
55 Library Ln Chatham, MA 02633
Market Sale Information
Most recent sale date
5/15/2002
Previous sale date
11/30/1977
Transfer document #
15162-251
Previous transfer document
2625-26
Grantor
Susan S Patterson
Previous grantor
William S Patterson
Most recent sale price
$550,000.00
Previous sale price
$1.00
Site Information
Property ID
15E-83-E13
Lot Size
0.24
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
0
Stories
2
Number of Beds
4
Year Built
1973
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2028
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
Gambrel
Heating type
Hot Water
Roof Cover
Asph/Cmp Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,083,200.00
Total value
$1,510,600.00
Building value
$416,200.00
Estimated tax
$5,392.00
Yard improvement value
$11,200.00
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 55 Library Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $271.20 Style Colonial Age 1973 Rooms 0 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.24 Roof Cover Asph/Cmp Shin AEM Value - Building $416,200.00 AEM Value - Land $1,083,200.00 AEM Value - Other $11,200.00 AEM Value - Total $1,510,600.00
A) 41 Seaview Terrace 0.1 12/1/2023 $100,000 2,018 1.9 $49.55 Cape 2009 7 4 2 0 Gas 0.14 Asph/Cmp Shin $531,300 $1,130,200 $0 $1,661,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 55 Library Lane 5/15/2002 $550,000 0 Colonial 2,028 0.24 4 2-0 -
  Criteria
A 41 Seaview Terrace 12/1/2023 $100,000 0.1 Cape 2,018 0.14 4 2-0
Averages 155 days $100,000 0.05 --- 2,018 0.14 --- ---  

Estimation of Market Value - $95,707

As of today, 05/03/2024, the estimated market value of 55 Library Lane, Chatham considering the above 1 comparable properties is $95,707.

 

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
@ 55 Library Lane 5/15/2002 $550,000 0 Colonial 2,028 0.24 4 2-0 -
  Criteria
A 58 Library Lane 7/2/2002 $1 0.0 Cape 1,955 0.19 4 2-1
B 67 Library Lane 8/15/1988 $27,000 0.0 Colonial 1,689 0.25 3 2-1
C 43 Library Lane 9/27/2013 $721,145 0.0 Ranch 1,319 0.24 3 3-0
D 52 Seaview Street 3/19/2021 $2,549,400 0.0 Cape 2,793 0.35 4 3-0
E 48 Library Lane 4/30/2020 $950,000 0.0 Cape 1,582 0.38 3 2-1
F 66 Library Lane 6/21/2000 $475,000 0.0 Cape 2,252 0.18 3 2-0
G 18 Seaview Terrace 5/12/2023 $1 0.0 Cape 1,871 0.32 3 4-1
H 54 Seaview Street 11/14/2006 $1 0.0 Cape 2,245 0.16 4 2-1
I 48 Seaview Street 10/1/2004 $895,000 0.0 Cape 2,338 0.19 3 3-0
J 27 Library Lane 4/26/2010 $1 0.0 Ranch 2,826 0.23 5 3-0
K 40 Seaview Street 11/22/2022 $1 0.0 New Style 3,067 0.36 3 3-1
L 37 Blackberry Lane 1/12/2022 $1,752,000 0.0 Cape 1,943 0.16 3 2-0
M 31 Seaview Terrace 7/6/2020 $875,500 0.0 Cape 2,199 0.2 4 1-1
N 41 Seaview Terrace 12/1/2023 $100,000 0.1 Cape 2,018 0.14 4 2-0
O 28 Seaview Street 8/6/2018 $2,025,000 0.1 New Style 2,503 0.26 3 3-1
P 28 Library Lane 1/7/1991 $0 0.1 0.2 -
Q 94 Seaview Street 8/12/2005 $1 0.1 Old Style 748 0.16 3 1-0
R 80 Seaview Street 4/21/2020 $925,680 0.1 Cape 1,798 0.17 3 4-0
S 27 Blackberry Lane 5/9/2012 $1 0.1 Cape 2,199 0.14 4 3-0
T 34 Seaview Street 6/30/2004 $229,000 0.1 Ranch 825 0.24 3 1-0
U 37 Seaview Terrace 7/10/2009 $0 0.1 Ranch 723 0.21 3 2-0
V 38 Blackberry Lane 7/21/1994 $157,000 0.1 Cape 2,289 0.3 3 3-1
W 96 Seaview Street 1/15/1999 $1 0.1 Cape 1,308 0.1 2 2-0
X 39 Seaview Terrace 7/25/2008 $2,365,000 0.1 Colonial 2,754 0.22 4 6-1
Y 90 Seaview Street 1/26/2022 $1,475,000 0.1 Antique 1,621 0.23 4 2-0
Z 19 Blackberry Lane 12/12/2017 $1 0.1 Cape 1,950 0.14 2 2-0
- 11 Library Lane 11/13/2020 $2,600,000 0.1 Reno'D Antique 4,349 0.31 6 5-3
- 75 Seaview Street 4/28/2014 $1 0.1 Old Style 1,200 0.2 3 1-1
- 53 Seaview Street 6/14/2022 $1 0.1 Old Style 1,628 0.38 4 2-1
- 26 Seaview Street 7/27/2016 $1 0.1 Colonial 2,408 0.25 4 5-1
- 43 Seaview Street 12/19/2014 $1,074,000 0.1 Reno'D Antique 3,041 0.33 4 4-1
- 59 Seaview Street-Lot 59 4/8/2015 $0 0.1 Free Standing 3,402 0.5 0 0-0
- 55 Seaview Street 9/23/2015 $1,800,000 0.1 Free Standing 3,740 0 3 3-1
- 59 Seaview Street 8/30/2019 $1 0.1 Free Standing 3,396 0.5 3 3-1
- 24 Seaview Street 11/30/2022 $2,138,500 0.1 Cape 2,742 0.18 3 5-1
- 564 Main Street 1/7/1991 $0 0.1 Library 17,554 0.51 -
- 21 Fairway Drive 12/29/2016 $3,423,000 0.1 New Style 3,648 0.47 4 4-1
- 85 Seaview Street 5/20/2010 $775,000 0.1 Reno'D Antique 1,338 0.19 3 2-0
- 0 Blackberry Lane 9/9/1985 $107,000 0.1 0.15 0 0-0
- 71 Seaview Street 6/1/1976 $26,500 0.1 Old Style 1,100 0.21 3 1-1
- 98 Seaview Street 6/9/2017 $3,855,000 0.1 New Style 4,747 0.46 5 6-1
- 0 Fairway Drive 8/20/2012 $1,675,000 0.1 0.46 -
- 81 Seaview Street 12/17/2010 $662,500 0.1 Cape 2,120 0.2 2 3-1
- 25 Seaview Street 2/3/2022 $1 0.1 Ranch 1,222 0.13 2 1-0
- 578 Main Street 11/23/2010 $1 0.1 Store(Sm. Ret) 3,181 0.15 -
- 582 Main Street 3/6/1998 $510,000 0.1 Store(Sm. Ret) 1,648 0.04 -
- 548 Main Street 6/12/1972 $95,000 0.1 Bank 3,183 0.34 -
- 584 Main Street 5/25/2022 $2,200,000 0.1 Store(Sm. Ret) 2,328 0.08 -
- 6 Seaview Street 6/5/1989 $160,000 0.1 Retail 396 0 -
- 4 Seaview Street 4/3/2003 $200,000 0.1 Retail 484 0 -
- 8 Seaview Street 1/4/2000 $190,000 0.1 Retail 468 0 -
- 4-8 Seaview Street 5/5/1985 $0 0.1 0.11 0 0-0
- 0 Blackberry Lane 3/4/1974 $65,000 0.1 0.15 0 0-0
- 37 Seaview Street $345,000 0.1 Cape 1,438 0.33 4 2-0
- 512 Main Street 3/31/2022 $18,000,000 0.1 B&B/Inn 18,208 1.75 -
- 17 Seaview Street 9/20/2022 $10 0.1 Reno'D Antique 3,255 0.33 5 4-3
- 91 Seaview Street 10/4/1991 $1 0.1 Old Style 1,545 0.49 4 2-0
- 540 Main Street 10/20/1976 $1 0.1 Reno'D Antique 1,092 0.08 2 0-1
- 0 Main Street 4/21/1971 $0 0.1 0.07 -
- 532 Main Street 2/23/2022 $1 0.1 Store(Sm. Ret) 5,480 0.17 -
- 534 Main Street Unit X1 6/25/2010 $1,200,000 0.1 Retail 1,634 0 -
- 534 Main Street Unit X2 3/6/2019 $1,250,000 0.1 Garden End 1,853 0 2 2-1
- 534 Main Street Unit X3 4/29/2016 $825,000 0.1 Garden End 1,853 0 2 2-0
- 30 Fairway Drive 8/30/2017 $1 0.1 New Style 4,362 0.47 5 6-2
- 524 Main Street 3/26/1998 $380,000 0.1 Store(Sm. Ret) 2,865 0.12 -
- 20 Fairway Drive 7/1/2021 $5,300,000 0.1 New Style 5,042 0.46 4 6-2
- 101 Seaview Street $1 0.1 Reno'D Antique 1,806 0.5 4 3-0
- 0 Doane Road 4/30/1974 $1 0.1 0.87 -
- 606 Main Street 3/12/2003 $326,000 0.1 Store(Sm. Ret) 3,385 1.84 -
- 585 Main Street 2/24/2021 $100 0.1 Store(Sm. Ret) 1,496 0.13 -
- 579 Main Street 11/30/2020 $1 0.1 Store(Sm. Ret) 3,293 0.21 -
- 10 Fairway Drive 12/8/2020 $3,900,000 0.1 New Style 4,121 0.46 4 6-1
- 23 Chatham Bars Avenue 7/22/1938 $0 0.1 Utility Bldg 552 2.25 -
- 109 Seaview Street Unit A 3/17/2016 $670,300 0.1 Town Hse End 1,361 0 3 2-1
- 109 Seaview Street 10/1/2015 $673,000 0.1 Town Hse End 1,040 0 2 2-1
- 107 Seaview Street 6/16/2016 $1 0.1 Free Standing 1,186 0 4 2-1
- 107-109 Seaview Street 2/16/1990 $1 0.1 0.46 0 0-0
Averages 6182 days $908,411 0.08 --- 2,403 0.3 --- ---  
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
15E-83-E13 55 Library Lane