50 Patterson Road, Chatham, MA 02633

50 Patterson Road Chatham MA 02633
Owner Information
Owner 1
James A Lo & Betty Y
Owner 2
Owner's Address
10 Riverdale Rd Wellesley, MA 02481
Market Sale Information
Most recent sale date
10/27/2017
Previous sale date
5/15/2001
Transfer document #
30859-107
Previous transfer document
13829-282
Grantor
50 Patterson Rd Realty Trust
Previous grantor
Poate
Most recent sale price
$599,000.00
Previous sale price
$1.00
Site Information
Property ID
6B-23-G68
Lot Size
0.15
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
5
Stories
1
Number of Beds
3
Year Built
1950
Number of full baths
1
Condition
Number of half baths
0
Finished Area
880
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Asph Tile
Solar Hot Water
No
Roof Structure
Gable
Heating type
Electric Bb
Roof Cover
Asph/Cmp Shin
Heating fuel
Electric
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$638,000.00
Total value
$841,300.00
Building value
$203,300.00
Estimated tax
$3,003.00
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 50 Patterson Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $680.68 Style Ranch Age 1950 Rooms 5 Bedrooms 3 Full baths 1 Half baths 0 Gross Living Area Heating Fuel Electric Detached Garage Lot Size 0.15 Roof Cover Asph/Cmp Shin AEM Value - Building $203,300.00 AEM Value - Land $638,000.00 AEM Value - Other $0.00 AEM Value - Total $841,300.00
A) 96 Bucks Creek Road 0.6 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
B) 40 Stephen Drive 0.7 2/29/2024 $760,000 864 1 $879.63 Ranch 1973 4 2 2 0 Oil 0.33 Asph/Cmp Shin $260,800 $369,200 $700 $630,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 50 Patterson Road 10/27/2017 $599,000 0 Ranch 880 0.15 3 1-0 -
  Criteria
A 96 Bucks Creek Road 12/15/2023 $925,000 0.6 Ranch 1,007 0.24 3 1-1
B 40 Stephen Drive 2/29/2024 $760,000 0.7 Ranch 864 0.33 2 2-0
Averages 99 days $842,500 0.63 --- 936 0.29 --- ---  

Estimation of Market Value - $861,012

As of today, 04/29/2024, the estimated market value of 50 Patterson Road, Chatham considering the above 2 comparable properties is $861,012.

 

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
@ 50 Patterson Road 10/27/2017 $599,000 0 Ranch 880 0.15 3 1-0 -
  Criteria
A 58 Patterson Road 2/27/1998 $150,000 0.0 Cottage 902 0.15 2 1-0
B 51 Pine Drive 9/24/2004 $1 0.0 Cape 2,341 0.23 3 2-0
C 45 Pine Drive 12/16/2022 $1 0.0 Ranch 994 0.13 2 2-0
D 42 Patterson Road 3/1/2017 $1 0.0 Cape 3,092 0.31 4 4-0
E 49 Patterson Road 9/18/2014 $1 0.0 Colonial 2,454 0.17 3 3-0
F 66 Patterson Road 11/22/1996 $185,000 0.0 Ranch 784 0.16 2 1-0
G 64 Nantucket Drive 6/19/1996 $1 0.0 Cape 2,199 0.17 3 3-1
H 14 Diane Drive 1/16/1987 $144,000 0.0 Colonial 1,728 0.15 2 3-0
I 41 Patterson Road 7/27/2020 $640,000 0.0 Cottage 616 0.13 2 1-0
J 35 Pine Drive 11/13/2015 $1 0.0 Cottage 832 0.19 2 1-0
K 50 Nantucket Drive 3/28/2014 $1 0.0 Colonial 2,526 0.21 3 3-1
L 44 Pine Drive 11/14/2016 $190,000 0.0 Cottage 700 0.18 2 1-0
M 22 Diane Drive 10/1/2019 $100 0.0 Cape 3,148 0.23 4 3-1
N 0 Patterson Road 7/27/2020 $640,000 0.0 0.13 -
O 28 Patterson Road 3/19/2021 $1,250,000 0.0 Colonial 1,240 0.12 2 3-0
P 0 Pine Drive 2/6/1992 $25,000 0.0 0.32 -
Q 44 Nantucket Drive 2/13/2007 $1 0.0 Colonial 1,300 0.14 2 1-1
R 32 Pine Drive 7/17/2008 $325,000 0.0 Cape 1,332 0.13 3 2-1
S 27 Pine Drive 10/30/2009 $394,000 0.1 Cottage 726 0.13 2 1-0
T 15 Diane Drive 9/12/2022 $2,300,000 0.1 Cape 1,656 0.51 5 3-0
U 45 Stoughton Lane 3/3/2023 $700,000 0.1 Ranch 768 0.17 3 1-0
V 22 Patterson Road 4/9/2021 $825,000 0.1 Cottage 682 0.12 2 1-1
W 59 Nantucket Drive 1/14/1977 $77,500 0.1 Cape 2,188 0.22 3 3-1
X 32 Nantucket Drive 1/5/2017 $1 0.1 Cape 2,584 0.25 4 3-0
Y 0 Nantucket Drive 3/16/2018 $1 0.1 0.43 -
Z 27 Patterson Road 12/15/2023 $3,100,000 0.1 Colonial 3,224 0.27 4 3-1
- 34 Diane Drive 8/17/2018 $1,025,000 0.1 Cape 2,208 0.22 3 3-0
- 47 Nantucket Drive 11/10/2010 $10 0.1 Colonial 3,631 0.48 4 4-1
- 28 Pine Drive 6/21/2019 $540,000 0.1 Ranch 815 0.15 2 1-0
- 27 Stoughton Lane 5/26/2022 $1,330,000 0.1 Ranch 1,698 0.26 2 3-0
- 29 Diane Drive 4/28/2003 $1 0.1 Cape 1,612 0.15 3 2-0
- 18 Patterson Road 3/24/2008 $430,000 0.1 Cape 1,672 0.12 2 2-1
- 94 Nantucket Drive 3/8/1994 $1 0.1 Ranch 812 0.19 2 1-0
- 21 Pine Drive 4/16/1997 $1 0.1 Cape 1,929 0.19 4 3-1
- 20 Nantucket Drive 12/31/1991 $1 0.1 Cape 1,680 0.12 3 2-1
- 97 Diane Drive 6/10/2022 $1 0.1 Cape 1,464 0.15 3 2-1
- 0 Nantucket Drive 7/28/1949 $1 0.1 0.05 -
- 0 Stoughton Lane 2/6/1992 $1 0.1 0.48 -
- 87 Nantucket Drive 3/16/2018 $1 0.1 Ranch 2,080 0.62 4 2-1
- 91 Diane Drive 10/13/1992 $165,500 0.1 Ranch 1,104 0.16 3 2-1
- 18 Pine Drive 10/8/2021 $128,725 0.1 Cottage 768 0.18 2 1-0
- 39 Diane Drive 6/29/2012 $546,000 0.1 Ranch 1,184 0.19 3 1-0
- 10 Patterson Road 10/1/2004 $900,000 0.1 Colonial 1,608 0.12 3 2-0
- 14 Nantucket Drive 7/28/1998 $1 0.1 Cape 1,428 0.15 3 2-0
- 19 Stoughton Lane 5/1/2020 $100 0.1 Cottage 724 0.13 2 1-0
- 0 Nantucket Drive 10/3/2003 $100 0.1 1.87 -
- 434 Ridgevale Road 10/3/2003 $1 0.1 Mixed Use 1,688 1.83 -
- 13 Patterson Road 6/26/2020 $860,000 0.1 Cape 1,198 0.26 3 2-0
- 83 Diane Drive 6/9/2023 $300,000 0.1 Cape 1,385 0.19 3 2-0
- 7 Pine Drive 5/1/2020 $100 0.1 Cape 1,492 0.19 4 2-0
- 4 Patterson Road 7/7/2016 $1 0.1 Colonial 1,168 0.17 2 2-0
- 0 Diane Drive 4/27/1992 $1 0.1 0.35 -
- 6 Nantucket Drive 1/28/2021 $1,640,000 0.1 Cape 1,666 0.23 3 2-1
- 13 Stoughton Lane 3/1/1984 $79,900 0.1 Colonial 1,160 0.13 1 1-0
- 96 Diane Drive 3/2/1990 $400,000 0.1 Cape 2,178 0.45 2 3-0
- 6 Pine Drive 11/1/2021 $100 0.1 Cape 1,456 0.18 2 3-0
- 57 Diane Drive 9/29/1998 $175,000 0.1 Split Level 1,844 0.33 3 2-0
- 99 Nantucket Drive 9/7/2022 $1 0.1 Ranch 3,477 0.42 3 3-1
- 20 Stoughton Lane 6/22/2022 $1,550,000 0.1 Colonial 2,478 0.81 5 4-0
- 82 Diane Drive 9/30/1965 $1 0.1 Cottage 572 0.16 1 1-0
- 356 Ridgevale Road 4/18/2012 $0 0.1 Colonial 1,147 0.13 3 2-0
- 58 Diane Drive 12/7/1993 $1 0.1 Ranch 1,331 0.46 2 1-0
- 74 Diane Drive 10/2/2017 $1,025,000 0.1 Contemporary 2,133 0.18 3 2-1
- 119 Nantucket Drive 9/28/2018 $0 0.1 Ranch 1,152 0.8 3 2-0
- 120 Nantucket Drive 11/14/2022 $3,250,000 0.1 Colonial 2,320 0.35 5 4-0
Averages 5736 days $389,095 0.07 --- 1,450 0.29 --- ---  
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
6B-23-G68 50 Patterson Road