40 Shady Lane, Chatham, MA 02633

40 Shady Lane Chatham MA 02633
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Owner Information
Owner 1
Martin A Kelly & Barbara O
Owner 2
Owner's Address
1354 Main St Concord, MA 01742-2937
Market Sale Information
Most recent sale date
6/13/2002
Previous sale date
12/11/1986
Transfer document #
15258-130
Previous transfer document
5447-1
Grantor
Harrington
Previous grantor
Most recent sale price
$50,000.00
Previous sale price
$172,000.00
Site Information
Property ID
6C-6-6AA
Lot Size
0.29
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape
Number of Rooms
7
Stories
1.75
Number of Beds
4
Year Built
1973
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1764
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Carpet/Asph Tl
Solar Hot Water
No
Roof Structure
Saltbox
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
$445,400.00
Total value
$768,900.00
Building value
$323,500.00
Estimated tax
$2,744.00
Yard improvement value
$0.00
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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 40 Shady Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $28.34 Style Cape Age 1973 Rooms 7 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Electric Detached Garage Lot Size 0.29 Roof Cover Asph/Cmp Shin AEM Value - Building $323,500.00 AEM Value - Land $445,400.00 AEM Value - Other $0.00 AEM Value - Total $768,900.00
A) 88 Happy Valley Road 0.1 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) 15 Joshuas Way 0.5 12/13/2023 $795,000 1,652 1.75 $481.23 Cape 1978 6 3 2 0 Oil 0.26 Asph/Cmp Shin $421,100 $274,600 $1,100 $696,800
C) 19 Ivy Hill Lane 0.6 10/30/2023 $1,100,000 1,381 1 $796.52 Ranch 1963 5 3 2 0 Gas 0.33 Asph/Cmp Shin $395,100 $709,700 $0 $1,104,800
D) 51 Bucks Creek Road 0.6 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
E) 122 Mill Creek Road 0.8 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Shady Lane 6/13/2002 $50,000 0 Cape 1,764 0.29 4 2-0 -
  Criteria
A 88 Happy Valley Road 11/28/2023 $1,238,000 0.1 Cape 1,400 0.72 3 2-1
B 15 Joshuas Way 12/13/2023 $795,000 0.5 Cape 1,652 0.26 3 2-0
C 19 Ivy Hill Lane 10/30/2023 $1,100,000 0.6 Ranch 1,381 0.33 3 2-0
D 51 Bucks Creek Road 12/18/2023 $925,000 0.6 Ranch 1,329 0.35 3 1-0
E 122 Mill Creek Road 3/1/2024 $1,009,000 0.8 Cape 1,520 0.22 4 1-1
Averages 127 days $1,013,400 0.51 --- 1,456 0.38 --- ---  

Estimation of Market Value - $1,035,922

As of today, 04/23/2024, the estimated market value of 40 Shady Lane, Chatham considering the above 5 comparable properties is $1,035,922.

 

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
@ 40 Shady Lane 6/13/2002 $50,000 0 Cape 1,764 0.29 4 2-0 -
  Criteria
A 36 Shady Lane 5/30/2014 $1 0.0 Cape 1,548 0.34 3 2-0
B 32 Shady Lane 9/8/2017 $1 0.0 Colonial 2,292 0.3 3 3-1
C 39 Shady Lane 6/30/2022 $1,600,000 0.0 Cape 1,960 0.31 3 2-1
D 259 Ridgevale Road 6/30/2005 $465,000 0.0 Ranch 1,024 0.46 2 1-0
E 27 Shady Lane 10/20/2015 $1 0.0 Ranch 1,558 0.29 3 2-1
F 14 Shady Lane 9/13/2019 $500,000 0.0 Ranch 864 0.23 2 2-0
G 30 Woods End Drive 12/22/2021 $800,000 0.0 Ranch 864 0.46 3 2-0
H 257 Ridgevale Road 10/1/2004 $385,000 0.1 Ranch 764 0.31 2 1-0
I 9 Shady Lane 3/28/2017 $1 0.1 Cape 2,128 0.27 3 2-0
J 66 Happy Valley Road 9/29/2016 $340,000 0.1 Cottage 1,250 0.3 4 2-1
K 249 Ridgevale Road 9/7/2021 $619,000 0.1 Old Style 1,100 0.23 2 3-0
L 267 Ridgevale Road 9/22/2017 $1 0.1 Ranch 1,064 0.17 3 1-1
M 17 Woods End Drive 12/9/2013 $75,000 0.1 Ranch 768 0.21 3 1-0
N 59 Happy Valley Road 8/9/2016 $1 0.1 Contemporary 1,590 0.2 3 2-1
O 0 Happy Valley Road 8/9/2016 $1 0.1 0.73 -
P 235 Ridgevale Road 8/12/1999 $139,000 0.1 Cottage 580 0.25 2 1-0
Q 20 Woods End Drive 4/9/2019 $1 0.1 Cape 2,091 0.3 3 2-0
R 129 Stephen Drive 11/2/2007 $292,000 0.1 Warehouse 308 9.1 -
S 39 Happy Valley Road 5/11/1990 $0 0.1 Cottage 576 0.13 2 1-0
T 273 Ridgevale Road 3/8/2019 $300,000 0.1 Cottage 448 0.32 2 1-1
U 72 Happy Valley Road 1/24/2001 $150,000 0.1 Cottage 504 0.72 1 0-1
V 254 Ridgevale Road 7/10/2020 $445,000 0.1 Colonial 2,278 0.26 3 2-1
W 227 Ridgevale Road 2/20/2018 $1 0.1 Ranch 728 0.26 3 1-0
X 81 Happy Valley Road 10/7/2011 $1 0.1 Cottage 700 0.26 2 1-0
Y 238 Ridgevale Road 4/16/2021 $215,000 0.1 Ranch 651 0.12 3 1-0
Z 46 Bog Way Road 8/21/2020 $10 0.1 Cape 2,813 0.21 4 4-1
- 19 Happy Valley Road 10/28/1965 $4,000 0.1 Ranch 2,156 1.65 3 2-0
- 32 Bog Way Road 2/25/2009 $500,000 0.1 Ranch 999 0.36 3 2-0
- 281 Ridgevale Road 4/27/2022 $728,000 0.1 Colonial 1,248 0.08 3 2-0
- 16 Soundview Avenue 7/27/2007 $387,500 0.1 Ranch 664 0.11 3 1-0
- 211 Ridgevale Road 11/3/2006 $1 0.1 Ranch 1,388 0.48 3 2-0
- 284 Ridgevale Road 11/15/2016 $510,000 0.1 Contemporary 1,644 0.11 3 2-0
- 51 Bog Way Road 2/17/2021 $350,000 0.1 Ranch 1,373 0.34 3 2-0
- 19 Soundview Avenue 9/28/2012 $420,000 0.1 Ranch 912 0.33 3 2-0
- 3 Deering Drive 8/30/2013 $435,000 0.1 Ranch 1,076 0.35 3 1-1
- 270 Ridgevale Road 8/12/1987 $220,000 0.1 Ranch 1,144 1.04 3 1-0
- 0 Cranberry Lane 12/8/1964 $0 0.1 6 -
- 24 Soundview Avenue 1/29/2013 $1 0.1 Cape 1,472 0.15 2 2-0
- 0 Ridgevale Road 6/25/1975 $1 0.1 1.41 -
- 0 Bog Way Road 12/27/2002 $1 0.1 0.29 -
- 88 Happy Valley Road 11/28/2023 $1,238,000 0.1 Cape 1,400 0.72 3 2-1
- 12 Pine Knoll Avenue 7/1/1982 $35,000 0.1 Cape 834 0.15 2 1-0
- 291 Ridgevale Road 10/30/2020 $719,000 0.1 Ranch 1,036 0.25 3 1-1
- 199 Ridgevale Road 6/15/1998 $125,000 0.1 Cottage 852 0.3 2 1-1
- 27 Soundview Avenue 2/10/2020 $1 0.1 Cape 1,372 0.15 2 2-0
- 305 Ridgevale Road 6/29/2012 $530,000 0.1 Ranch 1,278 0.34 4 3-0
- 32 Soundview Avenue 2/16/2023 $1 0.1 Cape 1,336 0.11 3 2-0
Averages 5194 days $266,522 0.08 --- 1,120 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
6C-6-6AA 40 Shady Lane