498 Shore Road, Chatham, MA 02633

Owner Information
Owner 1
498 Shore Rd LLC
Owner 2
Owner's Address
206 Windsor Rd Waban, MA 02468
Market Sale Information
Most recent sale date
10/29/2021
Previous sale date
8/14/2020
Transfer document #
-
Previous transfer document
33164-54
Grantor
McGonigle Chatham Tru
Previous grantor
James J McGonigle
Most recent sale price
$8,249,000.00
Previous sale price
$1.00
Site Information
Property ID
16G-3E-A6
Lot Size
0.82
Use Code
101 - Residential, single family
Zoning
R40
Building Style
New Style
Number of Rooms
14
Stories
2
Number of Beds
5
Year Built
1986
Number of full baths
6
Condition
Number of half baths
1
Finished Area
3514
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Ht-Wt/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
$5,103,400.00
Total value
$7,882,500.00
Building value
$2,770,200.00
Estimated tax
$28,140.00
Yard improvement value
$8,900.00
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 498 Shore Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $2,347.47 Style New Style Age 1986 Rooms 14 Bedrooms 5 Full baths 6 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.82 Roof Cover Asph/Cmp Shin AEM Value - Building $2,770,200.00 AEM Value - Land $5,103,400.00 AEM Value - Other $8,900.00 AEM Value - Total $7,882,500.00
A) 125 Stage Harbor Road 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 498 Shore Road 10/29/2021 $8,249,000 0 New Style 3,514 0.82 5 6-1 -
  Criteria
A 125 Stage Harbor Road 12/1/2023 $3,100,000 1.0 Cape 3,792 0.67 4 4-2
Averages 151 days $3,100,000 0.96 --- 3,792 0.67 --- ---  

Estimation of Market Value - $5,314,687

As of today, 04/29/2024, the estimated market value of 498 Shore Road, Chatham considering the above 1 comparable properties is $5,314,687.

 

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
@ 498 Shore Road 10/29/2021 $8,249,000 0 New Style 3,514 0.82 5 6-1 -
  Criteria
A 500 Shore Road 5/2/2022 $7,275,000 0.0 Cape 3,622 0.91 4 3-1
B 486 Shore Road 10/28/2022 $6,000,000 0.0 Cape 3,843 0.73 5 4-1
C 470 Shore Road 3/6/2009 $100 0.0 Reno'D Antique 5,351 0.88 7 5-2
D 485 Shore Road 2/10/2023 $100 0.1 Cape 4,483 0.65 5 5-1
E 499 Shore Road 9/21/2022 $1 0.1 Colonial 4,172 0.5 5 4-0
F 520 Shore Road 12/27/2012 $1 0.1 Cape 6,017 2.93 7 6-2
G 469 Shore Road 3/7/2005 $1,550,000 0.1 Colonial 4,160 0.46 4 5-1
H 464 Shore Road 12/17/1997 $1 0.1 Contemporary 3,439 0.75 4 6-0
I 525 Shore Road 3/22/2022 $2,900,000 0.1 Cape 3,436 0.46 4 2-1
J 17 Aunt Lydias Way 2/2/2006 $100 0.1 Cape 3,896 0.57 5 4-1
K 16 Aunt Lydias Way 3/7/2023 $0 0.1 Colonial 6,493 0.6 5 3-3
L 455 Shore Road 2/16/2022 $100 0.1 Colonial 2,704 0.83 5 3-0
M 448 Shore Road 2/24/2012 $2,350,000 0.1 New Style 4,262 1.07 5 6-1
N 32 Barcliff Avenue 1/27/2003 $1 0.1 Ranch 1,753 0.96 3 1-1
O 32 Gladen Lane 6/22/2022 $1,995,000 0.1 Cape 1,999 0.51 3 2-1
P 40 Gladen Lane 8/5/2021 $1 0.1 Cape 2,142 0.46 5 3-1
Q 547 Shore Road 7/19/2013 $1 0.1 Colonial 3,545 1.05 4 3-1
R 552 Shore Road 10/12/2012 $1 0.1 Old Style 5,868 2.86 5 4-1
S 15 Barcliff Avenue Extension 8/15/2008 $1 0.1 New Style 6,714 0.69 5 4-1
Averages 3423 days $1,161,600 0.08 --- 4,100 0.94 --- ---  
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
16G-3E-A6 498 Shore Road