3 Ocean View Terrace, Chatham, MA 02633

3 Ocean View Terrace Chatham MA 02633
Owner Information
Owner 1
Matthew Elio & Kelly
Owner 2
Daniel Elio & Ruth
Owner's Address
18 Prospect St Hingham, MA 02043
Market Sale Information
Most recent sale date
6/23/2017
Previous sale date
11/6/1992
Transfer document #
30580-286
Previous transfer document
8292-235
Grantor
John G Cornetta
Previous grantor
James C Forrester
Most recent sale price
$670,000.00
Previous sale price
$120,000.00
Site Information
Property ID
15F-47-68
Lot Size
0.27
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Reno'D Antique
Number of Rooms
0
Stories
1.75
Number of Beds
3
Year Built
1790
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1482
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
Asph/Cmp Shin
Heating fuel
Oil
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$688,400.00
Total value
$1,178,800.00
Building value
$490,400.00
Estimated tax
$4,208.00
Yard improvement value
$0.00
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 3 Ocean View Terrace Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $452.09 Style Reno'D Antique Age 1790 Rooms 0 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.27 Roof Cover Asph/Cmp Shin AEM Value - Building $490,400.00 AEM Value - Land $688,400.00 AEM Value - Other $0.00 AEM Value - Total $1,178,800.00
A) 59 Nob Hill Road 0.7 12/20/2023 $775,000 1,344 1.75 $576.64 Cape 1966 6 3 2 0 Gas 0.25 Asph/Cmp Shin $311,200 $272,400 $0 $583,600
B) 56 Meadow Brook Road 0.8 12/15/2023 $699,000 1,692 1.75 $413.12 Cape 1961 7 3 2 0 Gas 0.42 Asph/Cmp Shin $327,200 $382,400 $0 $709,600
C) 61 Eliphamets Lane 0.9 3/22/2024 $911,000 1,184 1.75 $769.43 Cape 1942 5 3 3 0 Gas 0.08 Asph/Cmp Shin $343,000 $1,119,700 $9,800 $1,472,500
D) 105 Perch Pond Road 1.0 12/5/2023 $739,200 1,248 2 $592.31 Colonial 1977 5 3 1 1 Oil 0.54 Asph/Cmp Shin $291,900 $306,600 $0 $598,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Ocean View Terrace 6/23/2017 $670,000 0 Reno'D Antique 1,482 0.27 3 2-0 -
  Criteria
A 59 Nob Hill Road 12/20/2023 $775,000 0.7 Cape 1,344 0.25 3 2-0
B 56 Meadow Brook Road 12/15/2023 $699,000 0.8 Cape 1,692 0.42 3 2-0
C 61 Eliphamets Lane 3/22/2024 $911,000 0.9 Cape 1,184 0.08 3 3-0
D 105 Perch Pond Road 12/5/2023 $739,200 1.0 Colonial 1,248 0.54 3 1-1
Averages 113 days $781,050 0.84 --- 1,367 0.32 --- ---  

Estimation of Market Value - $970,731

As of today, 04/28/2024, the estimated market value of 3 Ocean View Terrace, Chatham considering the above 4 comparable properties is $970,731.

 

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
@ 3 Ocean View Terrace 6/23/2017 $670,000 0 Reno'D Antique 1,482 0.27 3 2-0 -
  Criteria
A 180 Old Harbor Road 4/30/2020 $700,000 0.0 Cape 1,497 0.21 3 2-0
B 200 Old Harbor Road 6/27/2012 $10 0.0 Cape 1,680 0.45 4 2-0
C 19 Ocean View Terrace 5/28/2013 $1 0.0 Old Style 2,375 0.2 3 2-1
D 24 Ocean View Terrace 4/30/2012 $1,050,000 0.0 Old Style 1,196 0.23 3 2-0
E 185 Old Harbor Road 9/16/2015 $1 0.0 Colonial 2,460 0.46 3 3-0
F 27 Ocean View Terrace 10/16/2001 $1 0.0 Old Style 2,144 0.2 5 1-2
G 168 Old Harbor Road Unit A 12/20/2019 $2,276,000 0.0 New Style 3,838 0.46 3 4-1
H 201 Old Harbor Road 7/6/2020 $908,000 0.0 Reno'D Antique 1,647 0.8 3 2-1
I 214 Old Harbor Road 4/11/2014 $1,310,000 0.0 Reno'D Antique 2,418 0.5 5 3-1
J 30 Ocean View Terrace 4/10/2023 $652,000 0.0 Ranch 648 0.21 2 1-0
K 175 Old Harbor Road 5/3/2021 $1 0.0 Cape 1,666 0.38 3 2-0
L 35 Ocean View Terrace 4/26/2013 $1 0.1 Ranch 856 0.26 2 1-0
M 19 Locust Lane 4/24/2009 $1 0.1 Cape 1,726 0.42 3 2-0
N 36 Ocean View Terrace 11/19/2018 $1 0.1 Cape 1,788 0.22 3 3-1
O 24 Locust Lane 11/27/2012 $1 0.1 Colonial 2,957 0.49 4 3-0
P 22 Glover Square 6/2/2021 $1 0.1 Cape 2,620 0.55 3 3-0
Q 43 Ocean View Terrace 8/23/2012 $1 0.1 Colonial 1,188 0.13 2 2-0
R 0 Old Academy Road 2/18/1958 $1 0.1 0.43 -
S 154 Old Harbor Road 7/25/2011 $800,000 0.1 Cape 2,743 0.71 3 2-1
T 219 Old Harbor Road 12/1/2015 $626,000 0.1 Reno'D Antique 1,902 1.19 3 2-1
U 36 Glover Square 12/10/1999 $200,000 0.1 Ranch 1,742 0.6 3 2-0
V 47 Ocean View Terrace 10/2/2020 $1 0.1 Cape 2,121 0.19 4 2-1
W 232 Old Harbor Road 11/14/2012 $1 0.1 Reno'D Antique 3,061 0.73 5 4-1
X 44 Ocean View Terrace 2/25/2022 $1,625,000 0.1 Old Style 1,905 0.42 4 2-1
Y 45 Ocean View Terrace 10/2/2020 $1 0.1 Cottage 362 0.13 1 1-0
Z 151 Old Harbor Road 10/1/2010 $815,000 0.1 Old Style 3,139 0.7 6 4-1
- 146 Old Harbor Road 2/28/2018 $0 0.1 Cape 1,879 0.85 3 3-0
- 41 Locust Lane 12/27/2018 $1,300,000 0.1 New Style 3,250 0.83 5 5-1
- 0 Old Harbor Road 6/7/2017 $1 0.1 1.22 -
- 48 Glover Square 2/25/2002 $1 0.1 Ranch 1,531 0.67 2 2-0
- 27 Old Academy Road 10/26/2007 $445,000 0.1 Cape 2,632 0.33 3 2-1
- 21 Patten Lane 9/5/2003 $1,425,000 0.1 Cape 2,157 0.5 2 3-0
- 241 Old Harbor Road 9/24/2010 $1 0.1 Ranch 900 0.87 2 1-0
- 13 Glover Square 3/11/2022 $100 0.1 Cape 2,768 0.33 4 4-1
- 34 Old Academy Road 9/30/1994 $219,000 0.1 Cape 1,514 0.29 3 1-1
- 83 Ocean View Terrace 3/30/2015 $1,140,000 0.1 Cape 2,025 1.1 4 3-1
- 25 Glover Square 6/4/2004 $580,000 0.1 Cape 3,188 0.59 4 4-0
- 0 Patten Lane 11/14/2012 $1 0.1 0.1 -
- 132 Old Harbor Road 10/20/2022 $10 0.1 Old Style 1,551 0.66 4 2-0
- 4 Beach Plum Way 2/1/2000 $250,000 0.1 Ranch 1,109 0.33 3 3-0
- 37 Old Academy Road 11/17/2017 $669,000 0.1 Cape 2,643 0.35 4 3-1
- 248 Old Harbor Road 4/20/2023 $1 0.1 Cape 4,052 0.6 5 5-1
- 49 Glover Square 7/21/2017 $1 0.1 Cape 2,611 0.56 5 4-0
- 48 Old Academy Road 12/26/1991 $0 0.1 Cape 1,614 0.49 2 1-0
- 35 Highland Avenue 10/5/2011 $722,000 0.1 Colonial 3,211 0.44 4 4-1
- 127 Old Harbor Road 1/1/1971 $0 0.1 Office Building 1,654 0.88 -
- 255 Old Harbor Road 4/29/2019 $850,000 0.1 Reno'D Antique 2,189 0.35 4 2-1
- 16 Cranberry Knoll 11/7/2000 $1 0.1 Cape 1,368 0.25 3 1-0
- 247 Old Harbor Road 7/24/2020 $25,000 0.1 Cape 1,862 0.66 4 2-0
Averages 4694 days $379,329 0.08 --- 1,947 0.5 --- ---  
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-47-68 3 Ocean View Terrace