45 Shannon Lane, Chatham, MA 02633

Owner Information
Owner 1
Stephen E Shorey & Allison F
Owner 2
Owner's Address
53A Belmont Street Charlestown, MA 02129
Market Sale Information
Most recent sale date
3/21/2014
Previous sale date
8/25/2006
Transfer document #
28044-23
Previous transfer document
21301-214
Grantor
Sarane O'Connor
Previous grantor
Robert D Wachob
Most recent sale price
$615,000.00
Previous sale price
$700,000.00
Site Information
Property ID
5D-52F-H21
Lot Size
0.63
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
8
Stories
1
Number of Beds
3
Year Built
1990
Number of full baths
3
Condition
Number of half baths
0
Finished Area
1251
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
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
$453,200.00
Total value
$1,001,600.00
Building value
$548,400.00
Estimated tax
$3,575.00
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 45 Shannon Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $491.61 Style Ranch Age 1990 Rooms 8 Bedrooms 3 Full baths 3 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.63 Roof Cover Asph/Cmp Shin AEM Value - Building $548,400.00 AEM Value - Land $453,200.00 AEM Value - Other $0.00 AEM Value - Total $1,001,600.00
A) 88 Happy Valley Road 0.3 11/28/2023 $1,238,000 1,400 2 $884.29 Cape 2011 6 3 2 1 Gas 0.72 Asph/Cmp Shin $505,600 $547,000 $0 $1,052,600
B) 122 Mill Creek Road 0.6 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
C) 57 Tirrells Way 0.8 1/9/2024 $650,000 1,166 1 $557.46 Ranch 1983 6 3 2 0 Electric 0.46 Asph/Cmp Shin $312,400 $254,000 $0 $566,400
D) 96 Bucks Creek Road 0.9 12/15/2023 $925,000 1,007 1 $918.57 Ranch 1961 5 3 1 1 Oil 0.24 Asph/Cmp Shin $215,900 $678,500 $0 $894,400
E) 51 Bucks Creek Road 1.0 12/18/2023 $925,000 1,329 1 $696.01 Ranch 1959 5 3 1 0 Oil 0.35 Asph/Cmp Shin $249,100 $716,900 $0 $966,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 45 Shannon Lane 3/21/2014 $615,000 0 Ranch 1,251 0.63 3 3-0 -
  Criteria
A 88 Happy Valley Road 11/28/2023 $1,238,000 0.3 Cape 1,400 0.72 3 2-1
B 122 Mill Creek Road 3/1/2024 $1,009,000 0.6 Cape 1,520 0.22 4 1-1
C 57 Tirrells Way 1/9/2024 $650,000 0.8 Ranch 1,166 0.46 3 2-0
D 96 Bucks Creek Road 12/15/2023 $925,000 0.9 Ranch 1,007 0.24 3 1-1
E 51 Bucks Creek Road 12/18/2023 $925,000 1.0 Ranch 1,329 0.35 3 1-0
Averages 135 days $949,400 0.72 --- 1,284 0.4 --- ---  

Estimation of Market Value - $1,018,696

As of today, 05/15/2024, the estimated market value of 45 Shannon Lane, Chatham considering the above 5 comparable properties is $1,018,696.

 

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
@ 45 Shannon Lane 3/21/2014 $615,000 0 Ranch 1,251 0.63 3 3-0 -
  Criteria
A 29 Shannon Lane 8/13/2009 $99 0.0 Cape 1,638 0.51 3 2-0
B 59 Shannon Lane 8/4/1997 $39,900 0.0 Ranch 1,544 0.48 2 3-0
C 44 Shannon Lane 8/19/2019 $1 0.0 Colonial 2,064 0.48 3 2-1
D 25 Shannon Lane 6/22/2012 $529,000 0.0 Cape 1,418 0.49 3 2-0
E 77 Shannon Lane 7/25/2019 $1 0.0 Cape 1,946 0.56 4 4-0
F 50 Shannon Lane 12/5/2011 $662,777 0.1 Cape 1,986 0.49 2 2-1
G 60 George Street 8/12/2016 $640,000 0.1 Cape 2,084 0.42 3 3-0
H 96 Island View Lane 9/2/2022 $100 0.1 Cape 1,672 0.6 3 2-0
I 84 Island View Lane 4/17/2007 $99 0.1 Cape 1,992 0.68 4 2-0
J 25 John Street 8/31/2006 $532,673 0.1 Cape 2,225 0.5 3 3-0
K 108 Island View Lane 10/14/2016 $1 0.1 Cape 1,296 0.57 4 3-0
L 68 Shannon Lane 9/1/2015 $1 0.1 Cape 1,728 0.5 3 3-1
M 0 Cockle Cove Bog 9/3/2019 $1 0.1 5 -
N 35 John Street 6/28/1993 $225,000 0.1 Cape 2,112 0.48 4 2-0
O 17 Shannon Lane 5/11/2012 $499,000 0.1 Ranch 1,244 0.55 3 2-0
P 5 John Street 4/19/2018 $960,000 0.1 Cape 2,706 0.48 3 3-0
Q 53 George Street 10/23/2019 $1 0.1 Cape 3,088 0.41 3 4-0
R 120 Island View Lane 9/18/1998 $240,000 0.1 Cape 2,160 0.57 2 2-0
S 0 Evergreen Lane 8/9/2010 $150,000 0.1 0.84 -
T 76 Island View Lane 4/22/2005 $1 0.1 Cape 1,640 0.73 4 2-0
U 45 George Street 10/31/2005 $375,000 0.1 Colonial 2,832 0.41 2 3-1
V 43 John Street 2/28/2023 $1,525,000 0.1 Cape 2,548 0.49 4 3-1
W 123 Chatham Crest Drive 12/30/2019 $290,000 0.1 Ranch 1,248 0.48 3 2-0
X 97 Island View Lane 3/26/2021 $875,000 0.1 Ranch 1,680 0.32 3 2-0
Y 75 Island View Lane 5/25/2001 $440,000 0.1 Ranch 1,914 0.34 3 2-0
Z 20 John Street 11/25/1998 $1 0.1 Cape 2,004 0.49 4 2-1
- 111 Island View Lane 8/14/2015 $1 0.1 Colonial 2,474 0.29 3 2-1
- 124 Island View Lane 5/17/2001 $405,000 0.1 Cape 2,877 0.67 3 3-0
- 39 George Street 11/15/2000 $399,000 0.1 Cape 2,459 0.41 3 2-0
- 32 John Street 2/24/2000 $122,000 0.1 Cape 2,376 0.48 4 3-1
- 122 Chatham Crest Drive 10/15/1993 $0 0.1 Ranch 1,986 0.32 4 3-0
- 20 George Street 1/13/2012 $1 0.1 Colonial 2,974 0.47 4 3-1
- 0 Main Street 2/28/2007 $75,660 0.1 3 -
- 75 Cranberry Way 11/12/2015 $0 0.1 Ranch 870 0.55 2 1-0
- 68 Island View Lane 11/16/2020 $771,000 0.1 Cape 1,911 0.49 4 3-0
- 26 Evergreen Lane 7/7/2020 $595,000 0.1 Cape 1,389 0.74 2 2-0
- 123 Island View Lane 1/5/2012 $670,500 0.1 Cape 2,148 0.29 4 3-0
- 36 Evergreen Lane 7/28/2008 $99 0.1 Ranch 1,344 0.98 3 1-0
- 0 John Street 10/21/2011 $1 0.1 0.49 -
- 105 Chatham Crest Drive 3/17/2017 $520,000 0.1 Ranch 1,920 0.48 3 3-0
- 59 Island View Lane 7/9/2014 $1 0.1 Cape 1,908 0.59 4 3-0
- 27 George Street 10/30/2020 $945,000 0.1 Colonial 1,736 0.41 3 2-0
- 149 Island View Lane 3/9/2020 $1 0.1 Cape 1,673 0.45 3 2-0
- 76 Cranberry Way 2/13/2023 $789,000 0.1 Ranch 1,160 0.4 3 2-0
Averages 4570 days $301,725 0.09 --- 1,772 0.67 --- ---  
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
5D-52F-H21 45 Shannon Lane