24 Ocean View Terrace, Chatham, MA 02633

24 Ocean View Terrace Chatham MA 02633
Owner Information
Owner 1
Adam Phillips & Karen
Owner 2
Owner's Address
97 Kettle Creek Rd Weston, CT 06883-2209
Market Sale Information
Most recent sale date
4/30/2012
Previous sale date
1/15/2008
Transfer document #
26293-329
Previous transfer document
22605-134
Grantor
Richard Wall
Previous grantor
Theresa M Wall
Most recent sale price
$1,050,000.00
Previous sale price
$487,500.00
Site Information
Property ID
15F-59-83
Lot Size
0.23
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Old Style
Number of Rooms
8
Stories
2
Number of Beds
3
Year Built
1923
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1196
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Softwd/Carpet
Solar Hot Water
No
Roof Structure
Hip
Heating type
Warm/Cool Air
Roof Cover
Asph/Cmp Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$673,400.00
Total value
$1,618,500.00
Building value
$945,100.00
Estimated tax
$5,778.00
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 24 Ocean View Terrace Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $877.93 Style Old Style Age 1923 Rooms 8 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.23 Roof Cover Asph/Cmp Shin AEM Value - Building $945,100.00 AEM Value - Land $673,400.00 AEM Value - Other $0.00 AEM Value - Total $1,618,500.00
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) 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
C) 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
D) 10 Mill Hill Lane 1.0 4/12/2024 $2,307,500 1,368 1.75 $1686.77 Reno'D Antique 1720 6 3 2 1 Gas 0.13 Asph/Cmp Shin $866,600 $929,800 $1,200 $1,797,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 24 Ocean View Terrace 4/30/2012 $1,050,000 0 Old Style 1,196 0.23 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 61 Eliphamets Lane 3/22/2024 $911,000 0.9 Cape 1,184 0.08 3 3-0
C 105 Perch Pond Road 12/5/2023 $739,200 1.0 Colonial 1,248 0.54 3 1-1
D 10 Mill Hill Lane 4/12/2024 $2,307,500 1.0 Reno'D Antique 1,368 0.13 3 2-1
Averages 83 days $1,183,175 0.89 --- 1,286 0.25 --- ---  

Estimation of Market Value - $1,410,420

As of today, 04/28/2024, the estimated market value of 24 Ocean View Terrace, Chatham considering the above 4 comparable properties is $1,410,420.

 

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
@ 24 Ocean View Terrace 4/30/2012 $1,050,000 0 Old Style 1,196 0.23 3 2-0 -
  Criteria
A 30 Ocean View Terrace 4/10/2023 $652,000 0.0 Ranch 648 0.21 2 1-0
B 19 Ocean View Terrace 5/28/2013 $1 0.0 Old Style 2,375 0.2 3 2-1
C 180 Old Harbor Road 4/30/2020 $700,000 0.0 Cape 1,497 0.21 3 2-0
D 27 Ocean View Terrace 10/16/2001 $1 0.0 Old Style 2,144 0.2 5 1-2
E 168 Old Harbor Road Unit A 12/20/2019 $2,276,000 0.0 New Style 3,838 0.46 3 4-1
F 36 Ocean View Terrace 11/19/2018 $1 0.0 Cape 1,788 0.22 3 3-1
G 3 Ocean View Terrace 6/23/2017 $670,000 0.0 Reno'D Antique 1,482 0.27 3 2-0
H 35 Ocean View Terrace 4/26/2013 $1 0.0 Ranch 856 0.26 2 1-0
I 200 Old Harbor Road 6/27/2012 $10 0.0 Cape 1,680 0.45 4 2-0
J 44 Ocean View Terrace 2/25/2022 $1,625,000 0.0 Old Style 1,905 0.42 4 2-1
K 47 Ocean View Terrace 10/2/2020 $1 0.1 Cape 2,121 0.19 4 2-1
L 24 Locust Lane 11/27/2012 $1 0.1 Colonial 2,957 0.49 4 3-0
M 154 Old Harbor Road 7/25/2011 $800,000 0.1 Cape 2,743 0.71 3 2-1
N 43 Ocean View Terrace 8/23/2012 $1 0.1 Colonial 1,188 0.13 2 2-0
O 146 Old Harbor Road 2/28/2018 $0 0.1 Cape 1,879 0.85 3 3-0
P 0 Old Harbor Road 6/7/2017 $1 0.1 1.22 -
Q 45 Ocean View Terrace 10/2/2020 $1 0.1 Cottage 362 0.13 1 1-0
R 185 Old Harbor Road 9/16/2015 $1 0.1 Colonial 2,460 0.46 3 3-0
S 175 Old Harbor Road 5/3/2021 $1 0.1 Cape 1,666 0.38 3 2-0
T 214 Old Harbor Road 4/11/2014 $1,310,000 0.1 Reno'D Antique 2,418 0.5 5 3-1
U 19 Locust Lane 4/24/2009 $1 0.1 Cape 1,726 0.42 3 2-0
V 201 Old Harbor Road 7/6/2020 $908,000 0.1 Reno'D Antique 1,647 0.8 3 2-1
W 151 Old Harbor Road 10/1/2010 $815,000 0.1 Old Style 3,139 0.7 6 4-1
X 41 Locust Lane 12/27/2018 $1,300,000 0.1 New Style 3,250 0.83 5 5-1
Y 0 Old Academy Road 2/18/1958 $1 0.1 0.43 -
Z 132 Old Harbor Road 10/20/2022 $10 0.1 Old Style 1,551 0.66 4 2-0
- 22 Glover Square 6/2/2021 $1 0.1 Cape 2,620 0.55 3 3-0
- 83 Ocean View Terrace 3/30/2015 $1,140,000 0.1 Cape 2,025 1.1 4 3-1
- 232 Old Harbor Road 11/14/2012 $1 0.1 Reno'D Antique 3,061 0.73 5 4-1
- 35 Highland Avenue 10/5/2011 $722,000 0.1 Colonial 3,211 0.44 4 4-1
- 36 Glover Square 12/10/1999 $200,000 0.1 Ranch 1,742 0.6 3 2-0
- 219 Old Harbor Road 12/1/2015 $626,000 0.1 Reno'D Antique 1,902 1.19 3 2-1
- 27 Old Academy Road 10/26/2007 $445,000 0.1 Cape 2,632 0.33 3 2-1
- 209 Seaview Street 7/14/1994 $4,855,000 0.1 Store(Sm. Ret) 448 42.99 -
- 23 Highland Avenue 11/5/2019 $632,500 0.1 Reno'D Antique 1,944 0.17 4 3-1
- 19 Highland Avenue 9/1/2020 $785,000 0.1 Ranch 1,154 0.16 3 2-0
- 47 Highland Avenue 12/28/2012 $1 0.1 Reno'D Antique 1,474 0.5 3 1-1
- 0 Patten Lane 11/14/2012 $1 0.1 0.1 -
- 21 Patten Lane 9/5/2003 $1,425,000 0.1 Cape 2,157 0.5 2 3-0
- 29 Highland Avenue 8/1/2017 $1 0.1 New Style 2,362 0.23 3 4-1
- 124 Old Harbor Road 11/28/2005 $500,000 0.1 Reno'D Antique 1,664 0.36 4 2-1
- 89 Ocean View Terrace 11/17/2016 $1 0.1 Colonial 2,999 1.47 3 2-0
- 57 Highland Avenue 5/12/1955 $0 0.1 Colonial 4,788 0.38 5 4-1
- 34 Old Academy Road 9/30/1994 $219,000 0.1 Cape 1,514 0.29 3 1-1
- 127 Old Harbor Road 1/1/1971 $0 0.1 Office Building 1,654 0.88 -
- 13 Glover Square 3/11/2022 $100 0.1 Cape 2,768 0.33 4 4-1
- 48 Glover Square 2/25/2002 $1 0.1 Ranch 1,531 0.67 2 2-0
- 37 Old Academy Road 11/17/2017 $669,000 0.1 Cape 2,643 0.35 4 3-1
Averages 4910 days $484,888 0.08 --- 1,950 1.38 --- ---  
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-59-83 24 Ocean View Terrace