40 Gillis Road, South Chatham, MA 02659

40 Gillis Road South Chatham MA 02659
Owner Information
Owner 1
Theresa E Newman & Andrew R
Owner 2
Owner's Address
12 Fremont St Reading, MA 01867
Market Sale Information
Most recent sale date
6/1/2021
Previous sale date
6/15/2015
Transfer document #
34168-90
Previous transfer document
28939-8
Grantor
L Zina
Previous grantor
Zina L Gorman
Most recent sale price
$1,590,000.00
Previous sale price
$1.00
Site Information
Property ID
4C-12-E2
Lot Size
0.49
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
5
Stories
1.75
Number of Beds
3
Year Built
1980
Number of full baths
3
Condition
Number of half baths
1
Finished Area
1995
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Softwd/Carpet
Solar Hot Water
No
Roof Structure
Saltbox
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
$904,900.00
Total value
$1,672,600.00
Building value
$737,700.00
Estimated tax
$5,971.00
Yard improvement value
$30,000.00
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 40 Gillis Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $796.99 Style Colonial Age 1980 Rooms 5 Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.49 Roof Cover Asph/Cmp Shin AEM Value - Building $737,700.00 AEM Value - Land $904,900.00 AEM Value - Other $30,000.00 AEM Value - Total $1,672,600.00
A) 122 Mill Creek Road 0.1 3/1/2024 $1,009,000 1,520 1.5 $663.82 Cape 1950 7 4 1 1 Oil 0.22 Asph/Cmp Shin $364,300 $429,400 $0 $793,700
B) 27 Stoughton Lane 0.7 4/30/2024 $1,500,000 1,698 1 $883.39 Ranch 1955 4 2 3 0 Oil 0.26 Asph/Cmp Shin $591,500 $480,000 $27,000 $1,098,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Gillis Road 6/1/2021 $1,590,000 0 Colonial 1,995 0.49 3 3-1 -
  Criteria
A 122 Mill Creek Road 3/1/2024 $1,009,000 0.1 Cape 1,520 0.22 4 1-1
B 27 Stoughton Lane 4/30/2024 $1,500,000 0.7 Ranch 1,698 0.26 2 3-0
Averages 40 days $1,254,500 0.41 --- 1,609 0.24 --- ---  

Estimation of Market Value - $1,886,636

As of today, 05/09/2024, the estimated market value of 40 Gillis Road, South Chatham considering the above 2 comparable properties is $1,886,636.

 

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
@ 40 Gillis Road 6/1/2021 $1,590,000 0 Colonial 1,995 0.49 3 3-1 -
  Criteria
A 38 Gillis Road 7/8/2019 $719,000 0.0 Colonial 2,123 0.54 2 2-1
B 31 Gillis Road 12/21/2020 $850,000 0.0 Colonial 2,171 0.3 3 2-1
C 0 Bay View Road 1/14/2000 $440,000 0.0 0.64 -
D 0 Gillis Road 6/24/2005 $1 0.0 0.77 -
E 53 Gillis Road 5/31/2000 $100 0.0 Cape 1,752 0.5 3 2-0
F 49 Gillis Road 4/30/2018 $1 0.0 Ranch 1,144 0.75 4 2-0
G 34 Phoebe Lane 8/12/1991 $0 0.0 Cape 2,114 0.33 3 2-0
H 184 Mill Creek Road 9/21/2011 $1 0.0 Cape 2,371 0.36 3 3-1
I 142 Mill Creek Road 8/1/2023 $2,000,000 0.1 Cape 1,942 1.16 4 2-1
J 25 Gillis Road 9/30/2020 $1,105,100 0.1 Cape 1,738 0.43 4 2-1
K 180 Mill Creek Road 2/22/2022 $800,000 0.1 Cape 1,239 0.17 1 1-0
L 75 Gillis Road 5/1/1996 $1 0.1 Cape 4,174 0.6 3 5-1
M 28 Phoebe Lane 7/2/2013 $1 0.1 Ranch 1,040 0.3 3 2-0
N 127 Bay View Road 7/11/2023 $1 0.1 Cape 2,285 0.8 3 2-1
O 154 Mill Creek Road 8/25/2020 $1 0.1 Colonial 3,729 0.37 4 3-1
P 90 Gillis Road 5/1/1996 $190,000 0.1 0.8 -
Q 139 Bay View Road 6/16/2023 $99 0.1 Ranch 1,449 0.5 3 2-0
R 198 Mill Creek Road 5/1/1996 $190,000 0.1 Cottage 540 2.01 2 1-0
S 0 Mill Creek Road 10/16/1964 $1 0.1 0.07 -
T 16 Phoebe Lane 3/5/2018 $1 0.1 Cape 1,547 0.3 3 2-0
U 91 Gillis Road 3/3/2008 $1 0.1 Cottage 792 0.62 2 1-0
V 35 Phoebe Lane 8/15/2019 $360,000 0.1 New Style 3,631 0.37 4 5-1
W 0 Mill Creek Road 2/27/2004 $10 0.1 0.08 -
X 130 Mill Creek Road 6/22/2001 $179,000 0.1 Cottage 520 0.35 2 1-0
Y 27 Phoebe Lane 11/22/2013 $410,000 0.1 Ranch 1,676 0.34 3 2-0
Z 151 Mill Creek Road 2/27/2004 $1 0.1 Contemporary 3,022 0.24 3 3-0
- 0 Gillis Road 9/18/2013 $1 0.1 0.7 -
- 155 Mill Creek Road 12/8/2009 $819,000 0.1 New Style 2,697 0.31 3 3-1
- 117 Bay View Road 11/30/2018 $100 0.1 Ranch 1,384 0.3 3 2-0
- 15 Phoebe Lane 12/15/2010 $1 0.1 Cape 2,429 0.36 3 2-1
- 95 Gillis Road 3/13/2015 $1 0.1 Cape 2,628 0.6 4 4-1
- 0 Taylors Pond Road 1/6/1975 $0 0.1 0.11 -
- 122 Mill Creek Road 3/1/2024 $1,009,000 0.1 Cape 1,520 0.22 4 1-1
- 183 Taylors Pond Road 3/24/2021 $1 0.1 Cape 2,936 0.56 3 2-2
- 36 Pine Tree Road 3/18/2022 $100 0.1 Cape 1,632 0.23 4 1-1
- 26 Pine Tree Road 9/6/2002 $1 0.1 Ranch 1,080 0.23 2 1-0
- 203 Taylors Pond Road 6/25/2004 $1 0.1 Cape 2,459 0.48 3 3-0
- 0 Bay View Road 3/11/2022 $100 0.1 0.46 -
- 4 Port View Road 10/7/2022 $2,495,000 0.1 Cape 2,058 0.26 3 3-0
- 14 Periwinkle Lane 6/23/2011 $1 0.1 Colonial 2,351 0.38 4 3-0
- 17 Periwinkle Lane 6/17/2016 $769,000 0.1 Cape 2,013 0.57 3 4-0
- 99 Bay View Road 8/31/2012 $612,000 0.1 Cape 2,394 0.36 4 3-1
- 124 Bay View Road 3/11/2022 $100 0.1 Cape 2,890 0.46 2 1-1
- 153 Bay View Road 1/7/2020 $680,000 0.1 Ranch 1,382 0.24 3 2-0
- 14 Seachange Lane 7/13/2021 $10 0.1 Colonial 1,620 0.23 4 2-0
- 0 Pine Tree Road 6/6/2019 $10 0.1 0.23 -
- 68 Eel River Road 4/28/2022 $2,600,000 0.1 Colonial 2,686 0.34 3 4-1
- 99 Gillis Road 9/18/2013 $1 0.1 Cape 2,136 0.58 4 2-1
- 114 Bay View Road 4/23/2021 $1 0.1 Cape 2,026 0.41 5 2-0
Averages 4545 days $331,179 0.08 --- 1,660 0.46 --- ---  
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
4C-12-E2 40 Gillis Road