156 Morris Island Road, Chatham, MA 02633

156 Morris Island Road Chatham MA 02633
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Owner Information
Owner 1
Island Road Realty Trust LLC
Owner 2
Owner's Address
24 Wheeler Rd Lincoln, MA 01773
Market Sale Information
Most recent sale date
10/14/2014
Previous sale date
11/27/2009
Transfer document #
(204679)-
Previous transfer document
24197-171
Grantor
156 Morris Island Road Re
Previous grantor
Richard A Marks
Most recent sale price
$1,700,000.00
Previous sale price
$1.00
Site Information
Property ID
16A-39-1
Lot Size
2.84
Use Code
101 - Residential, single family
Zoning
R40
Building Style
Cape
Number of Rooms
7
Stories
1.75
Number of Beds
3
Year Built
1997
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1988
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwd/Other
Solar Hot Water
No
Roof Structure
Gable
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
$1,823,800.00
Total value
$2,672,600.00
Building value
$843,400.00
Estimated tax
$9,541.00
Yard improvement value
$5,400.00
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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 156 Morris Island Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $855.13 Style Cape Age 1997 Rooms 7 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 2.84 Roof Cover Asph/Cmp Shin AEM Value - Building $843,400.00 AEM Value - Land $1,823,800.00 AEM Value - Other $5,400.00 AEM Value - Total $2,672,600.00
A) 32 Little Beach Road 0.1 3/1/2024 $1,800,000 1,741 1.9 $1033.89 Cape 1930 9 5 3 1 Gas 0.5 Asph/Cmp Shin $376,400 $908,400 $0 $1,284,800
B) 41 Seaview Terrace 1.0 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
@ 156 Morris Island Road 10/14/2014 $1,700,000 0 Cape 1,988 2.84 3 2-0 -
  Criteria
A 32 Little Beach Road 3/1/2024 $1,800,000 0.1 Cape 1,741 0.5 5 3-1
B 41 Seaview Terrace 12/1/2023 $100,000 1.0 Cape 2,018 0.14 4 2-0
Averages 125 days $950,000 0.53 --- 1,880 0.32 --- ---  

Estimation of Market Value - $1,364,169

As of today, 05/19/2024, the estimated market value of 156 Morris Island Road, Chatham considering the above 2 comparable properties is $1,364,169.

 

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
@ 156 Morris Island Road 10/14/2014 $1,700,000 0 Cape 1,988 2.84 3 2-0 -
  Criteria
A 165 Morris Island Road 6/16/2017 $540,000 0.0 Cape 848 0.1 1 2-0
B 157 Morris Island Road 9/29/2017 $1,695,000 0.0 Cape 2,604 0.56 3 3-1
C 171 Morris Island Road 3/24/2020 $825,000 0.0 Ranch 1,777 0.15 3 3-0
D 10 Little Beach Road 5/3/2022 $1 0.1 Old Style 1,900 0.25 5 2-0
E 20 Clam Shell Drive 2/9/2021 $860,000 0.1 Cottage 647 0.19 2 1-0
F 16 Little Beach Road 8/25/2023 $2,500,000 0.1 Cape 1,863 0.16 3 3-1
G 181 Morris Island Road 5/20/2022 $1,700,000 0.1 Cape 1,525 0.1 3 2-1
H 32 Clam Shell Drive 6/5/2013 $1 0.1 Ranch 825 0.16 2 2-0
I 0 Little Beach Road 3/16/2021 $1 0.1 0.11 -
J 32 Little Beach Road 3/1/2024 $1,800,000 0.1 Cape 1,741 0.5 5 3-1
K 30 Little Beach Road 8/26/2016 $0 0.1 Cape 1,742 0.25 2 1-1
L 191 Morris Island Road 2/9/1989 $86,488 0.1 Cape 1,897 0.12 3 3-0
M 37 Clam Shell Drive 7/1/2020 $487,500 0.1 Ranch 793 0.13 3 1-0
N 27 Clam Shell Drive 9/15/2022 $888,000 0.1 Ranch 793 0.11 2 1-0
O 8 Windmill Lane 7/6/2011 $800,000 0.1 Old Style 1,568 0.19 4 3-0
P 21 Little Beach Road 9/23/2013 $0 0.1 Cape 2,418 0.17 4 4-1
Q 9 Windmill Lane 11/4/2015 $1,237,500 0.1 Cape 1,796 0.13 3 2-1
R 14 Seagull Road 7/10/2015 $1 0.1 Ranch 745 0.5 3 1-0
S 121 Morris Island Road 5/10/2021 $1 0.1 Cape 1,898 0.57 3 2-0
T 0 Scallop Terrace 10/30/2015 $0 0.1 0.05 -
U 27 Little Beach Road 11/4/1999 $165,000 0.1 Colonial 2,584 0.96 2 3-0
V 101 Morris Island Road 6/21/2022 $1 0.1 New Style 3,225 0.48 4 4-1
W 0 Seagull Road 8/18/2017 $1 0.1 0.02 -
X 16 Scallop Terrace 6/7/1999 $140,000 0.1 Cottage 652 0.06 2 1-0
Y 0 Scallop Terrace 10/30/2015 $0 0.1 0.08 -
Z 8 Scallop Terrace 1/5/1999 $135,000 0.1 Cape 1,284 0.07 2 2-1
- 0 Windmill Lane 11/4/2015 $1,237,500 0.1 0.1 -
- 0 Morris Island Road 1/28/2016 $23,000 0.1 0.47 -
- 46 Little Beach Road 4/7/1981 $1 0.1 Colonial 1,622 0.16 2 3-0
- 17 Scallop Terrace 10/28/2011 $620,000 0.1 Ranch 748 0.07 2 1-0
- 35 Little Beach Road 9/12/2017 $1 0.1 Cape 1,599 0.21 3 3-0
- 2 Scallop Terrace 5/20/2011 $518,500 0.1 Cape 872 0.08 2 1-0
- 0 Morris Island Road 10/30/2015 $0 0.1 0.26 -
- 9 Scallop Terrace 8/31/2022 $825,000 0.1 Ranch 737 0.11 2 1-0
- 16 Oyster Drive 11/25/2019 $515,000 0.1 Ranch 748 0.07 3 1-0
- 47 Little Beach Road 6/24/2022 $5,775,000 0.1 Ranch 564 0.09 2 1-0
- 20 Dune Drive 4/22/2015 $1,500,000 0.1 Colonial 4,078 0.63 4 4-2
- 3 Scallop Terrace 2/18/2022 $1 0.1 Cape 1,124 0.13 3 2-0
- 8 Oyster Drive 4/16/2021 $100 0.1 Ranch 748 0.07 2 1-0
- 87 Morris Island Road 8/2/2021 $1 0.1 Cape 2,352 0.58 6 2-1
- 2 Oyster Drive 6/30/2020 $634,500 0.1 Cape 1,463 0.07 3 2-1
- 14 Windmill Lane 4/8/1996 $10 0.1 Old Style 2,236 0.5 3 1-1
- 0 Little Beach Road 7/23/2014 $1 0.1 0.14 -
- 0 Little Beach Road 7/23/2014 $1 0.1 0.13 -
- 15 Oyster Drive 9/15/2017 $570,000 0.1 Cape 1,216 0.08 3 2-0
- 16 Windmill Lane 10/31/2023 $2,075,000 0.1 Old Style 1,669 0.5 4 1-1
- 11 Oyster Drive 5/29/2020 $575,000 0.1 Cape 984 0.06 2 2-0
- 0 Seagull Road 7/23/2014 $1 0.1 1.19 -
Averages 3287 days $598,502 0.09 --- 1,206 0.25 --- ---  
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
16A-39-1 156 Morris Island Road