41 Locust Lane, Chatham, MA 02633

Owner Information
Owner 1
Jonathan O Downs & Alicia W
Owner 2
Owner's Address
156 Church St Ne Vienna, VA 22180-4533
Market Sale Information
Most recent sale date
12/27/2018
Previous sale date
6/2/1995
Transfer document #
31753-2
Previous transfer document
9695-108
Grantor
Randy C Raymond
Previous grantor
Most recent sale price
$1,300,000.00
Previous sale price
$310,000.00
Site Information
Property ID
15F-45-53
Lot Size
0.83
Use Code
101 - Residential, single family
Zoning
R20
Building Style
New Style
Number of Rooms
9
Stories
2
Number of Beds
5
Year Built
2021
Number of full baths
5
Condition
Number of half baths
1
Finished Area
3250
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
Warm/Cool Air
Roof Cover
Wood Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,156,100.00
Total value
$4,969,700.00
Building value
$3,778,900.00
Estimated tax
$17,741.00
Yard improvement value
$34,700.00
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 41 Locust Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $400.00 Style New Style Age 2021 Rooms 9 Bedrooms 5 Full baths 5 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.83 Roof Cover Wood Shin AEM Value - Building $3,778,900.00 AEM Value - Land $1,156,100.00 AEM Value - Other $34,700.00 AEM Value - Total $4,969,700.00
A) 125 Stage Harbor Road 0.7 12/1/2023 $3,100,000 3,792 1.75 $817.51 Cape 1946 11 4 4 2 Gas 0.67 Wood Shin $1,595,900 $1,524,200 $30,200 $3,150,300
B) 276 Stage Harbor Road 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 41 Locust Lane 12/27/2018 $1,300,000 0 New Style 3,250 0.83 5 5-1 -
  Criteria
A 125 Stage Harbor Road 12/1/2023 $3,100,000 0.7 Cape 3,792 0.67 4 4-2
B 276 Stage Harbor Road 12/29/2023 $2,000,000 1.0 Cape 2,732 0.72 4 3-1
Averages 136 days $2,550,000 0.83 --- 3,262 0.7 --- ---  

Estimation of Market Value - $3,742,460

As of today, 04/28/2024, the estimated market value of 41 Locust Lane, Chatham considering the above 2 comparable properties is $3,742,460.

 

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
@ 41 Locust Lane 12/27/2018 $1,300,000 0 New Style 3,250 0.83 5 5-1 -
  Criteria
A 0 Patten Lane 11/14/2012 $1 0.0 0.1 -
B 83 Ocean View Terrace 3/30/2015 $1,140,000 0.0 Cape 2,025 1.1 4 3-1
C 24 Locust Lane 11/27/2012 $1 0.0 Colonial 2,957 0.49 4 3-0
D 43 Ocean View Terrace 8/23/2012 $1 0.0 Colonial 1,188 0.13 2 2-0
E 19 Locust Lane 4/24/2009 $1 0.0 Cape 1,726 0.42 3 2-0
F 45 Ocean View Terrace 10/2/2020 $1 0.0 Cottage 362 0.13 1 1-0
G 21 Patten Lane 9/5/2003 $1,425,000 0.0 Cape 2,157 0.5 2 3-0
H 89 Ocean View Terrace 11/17/2016 $1 0.0 Colonial 2,999 1.47 3 2-0
I 35 Ocean View Terrace 4/26/2013 $1 0.0 Ranch 856 0.26 2 1-0
J 47 Ocean View Terrace 10/2/2020 $1 0.1 Cape 2,121 0.19 4 2-1
K 27 Ocean View Terrace 10/16/2001 $1 0.1 Old Style 2,144 0.2 5 1-2
L 232 Old Harbor Road 11/14/2012 $1 0.1 Reno'D Antique 3,061 0.73 5 4-1
M 214 Old Harbor Road 4/11/2014 $1,310,000 0.1 Reno'D Antique 2,418 0.5 5 3-1
N 268 Old Harbor Road 12/5/2013 $1 0.1 Cape 4,208 1.26 4 3-1
O 200 Old Harbor Road 6/27/2012 $10 0.1 Cape 1,680 0.45 4 2-0
P 19 Ocean View Terrace 5/28/2013 $1 0.1 Old Style 2,375 0.2 3 2-1
Q 248 Old Harbor Road 4/20/2023 $1 0.1 Cape 4,052 0.6 5 5-1
R 36 Ocean View Terrace 11/19/2018 $1 0.1 Cape 1,788 0.22 3 3-1
S 44 Ocean View Terrace 2/25/2022 $1,625,000 0.1 Old Style 1,905 0.42 4 2-1
T 30 Ocean View Terrace 4/10/2023 $652,000 0.1 Ranch 648 0.21 2 1-0
U 24 Ocean View Terrace 4/30/2012 $1,050,000 0.1 Old Style 1,196 0.23 3 2-0
V 3 Ocean View Terrace 6/23/2017 $670,000 0.1 Reno'D Antique 1,482 0.27 3 2-0
W 0 Old Harbor Road 8/22/1989 $470,000 0.1 0.46 -
X 111 Barcliff Avenue 3/11/1988 $1 0.1 Reno'D Antique 3,208 1.75 4 3-1
Y 180 Old Harbor Road 4/30/2020 $700,000 0.1 Cape 1,497 0.21 3 2-0
Z 219 Old Harbor Road 12/1/2015 $626,000 0.1 Reno'D Antique 1,902 1.19 3 2-1
- 201 Old Harbor Road 7/6/2020 $908,000 0.1 Reno'D Antique 1,647 0.8 3 2-1
- 89 Barcliff Avenue 12/21/1994 $252,000 0.1 Reno'D Antique 1,717 0.5 3 3-0
- 125 Barcliff Avenue 3/23/2023 $1 0.1 Cape 2,934 0.4 4 3-1
- 168 Old Harbor Road Unit A 12/20/2019 $2,276,000 0.1 New Style 3,838 0.46 3 4-1
- 209 Seaview Street 7/14/1994 $4,855,000 0.1 Store(Sm. Ret) 448 42.99 -
- 79 Barcliff Avenue 11/8/2013 $1 0.1 Cape 3,124 0.66 3 3-2
- 241 Old Harbor Road 9/24/2010 $1 0.1 Ranch 900 0.87 2 1-0
- 255 Old Harbor Road 4/29/2019 $850,000 0.1 Reno'D Antique 2,189 0.35 4 2-1
- 276 Old Harbor Road 12/1/1979 $127,500 0.1 Reno'D Antique 2,844 0.38 4 2-0
- 185 Old Harbor Road 9/16/2015 $1 0.1 Colonial 2,460 0.46 3 3-0
- 0 Old Harbor Road 6/7/2017 $1 0.1 1.22 -
Averages 4455 days $511,798 0.08 --- 1,947 1.7 --- ---  
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
15F-45-53 41 Locust Lane