115 Ridgevale Road, Chatham, MA 02633

115 Ridgevale Road Chatham MA 02633
Owner Information
Owner 1
Margosian Nominee Realty Trust
Owner 2
Mary Ellen Margosian & Maxon James Trste
Owner's Address
21 Butterfield Rd Lexington, MA 02420
Market Sale Information
Most recent sale date
6/20/2014
Previous sale date
1/16/2013
Transfer document #
-
Previous transfer document
27047-294
Grantor
Growth Holdings LLC
Previous grantor
Werner Kaehler
Most recent sale price
$909,159.00
Previous sale price
$220,000.00
Site Information
Property ID
6D-20-7
Lot Size
0.27
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape
Number of Rooms
5
Stories
2
Number of Beds
3
Year Built
2013
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2468
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
$358,500.00
Total value
$1,349,700.00
Building value
$979,300.00
Estimated tax
$4,818.00
Yard improvement value
$11,900.00
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 115 Ridgevale Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $368.38 Style Cape Age 2013 Rooms 5 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.27 Roof Cover Asph/Cmp Shin AEM Value - Building $979,300.00 AEM Value - Land $358,500.00 AEM Value - Other $11,900.00 AEM Value - Total $1,349,700.00
A) 19 Nellies Way 0.2 12/8/2023 $1,600,000 2,829 1.5 $565.57 Cape 2005 7 3 5 0 Gas 0.53 Asph/Cmp Shin $1,063,100 $397,100 $0 $1,460,200
B) 47 Geranium Drive 0.6 11/17/2023 $2,250,000 2,840 1.75 $792.25 Cape 1962 7 3 3 0 Oil 0.65 Asph/Cmp Shin $704,500 $1,185,800 $0 $1,890,300
C) 56 Billings Road 0.8 3/15/2024 $4,200,000 2,549 2 $1647.70 Cape 2004 8 4 4 1 Gas 0.29 Asph/Cmp Shin $1,048,900 $2,087,200 $0 $3,136,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 115 Ridgevale Road 6/20/2014 $909,159 0 Cape 2,468 0.27 3 2-1 -
  Criteria
A 19 Nellies Way 12/8/2023 $1,600,000 0.2 Cape 2,829 0.53 3 5-0
B 47 Geranium Drive 11/17/2023 $2,250,000 0.6 Cape 2,840 0.65 3 3-0
C 56 Billings Road 3/15/2024 $4,200,000 0.8 Cape 2,549 0.29 4 4-1
Averages 116 days $2,683,333 0.55 --- 2,739 0.49 --- ---  

Estimation of Market Value - $2,046,276

As of today, 04/27/2024, the estimated market value of 115 Ridgevale Road, Chatham considering the above 3 comparable properties is $2,046,276.

 

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
@ 115 Ridgevale Road 6/20/2014 $909,159 0 Cape 2,468 0.27 3 2-1 -
  Criteria
A 105 Ridgevale Road 12/13/2012 $396,000 0.0 Ranch 1,213 0.27 3 2-0
B 123 Ridgevale Road 12/16/2015 $1 0.0 Cape 1,772 0.43 3 2-1
C 28 Freddies Lane 7/28/2015 $1 0.0 Cape 1,456 0.42 3 2-0
D 20 Freddies Lane 7/24/2023 $1 0.0 Cape 1,958 0.31 2 2-1
E 0 Ridgevale Road 11/28/1995 $1 0.0 0.1 -
F 91 Ridgevale Road 10/3/2002 $204,000 0.0 Ranch 840 0.31 2 1-0
G 4 George Street 9/1/1999 $1 0.0 Cape 1,708 0.51 3 2-0
H 6 Mary Street 7/29/2016 $1,190,033 0.0 Cape 3,038 0.73 3 3-0
I 94 Ridgevale Road 6/18/2018 $10 0.0 Ranch 1,196 0.44 3 1-1
J 19 Freddies Lane 6/7/1995 $72,500 0.0 Cape 1,216 0.23 2 2-0
K 5 George Street 3/2/2015 $810,000 0.0 Cape 2,517 0.42 3 3-1
L 27 Freddies Lane $169,900 0.1 Ranch 1,056 0.24 3 1-0
M 24 Eileen Road 3/29/2013 $435,000 0.1 Ranch 1,192 0.25 3 2-0
N 84 Ridgevale Road 1/23/2015 $380,000 0.1 Ranch 988 0.36 3 1-1
O 11 Eileen Road 6/20/2019 $1 0.1 Cape 2,092 0.25 3 2-0
P 23 George Street 1/10/2023 $100 0.1 Cape 2,067 0.4 4 2-0
Q 35 Cory Lane 3/25/2022 $995,000 0.1 Cape 1,764 0.37 3 2-0
R 20 George Street 1/13/2012 $1 0.1 Colonial 2,974 0.47 4 3-1
S 34 Eileen Road 5/21/2014 $1 0.1 Cape 2,048 0.29 3 2-1
T 16 Bonnies Lane 6/6/2016 $1 0.1 Colonial 2,251 0.32 3 3-0
U 20 John Street 11/25/1998 $1 0.1 Cape 2,004 0.49 4 2-1
V 21 Eileen Road 10/13/2022 $1,200,000 0.1 Cape 2,753 0.33 5 3-0
W 16 Cory Lane 10/13/2017 $1 0.1 Ranch 1,120 0.25 3 1-0
X 155 Ridgevale Road 9/14/2011 $1 0.1 Cape 1,296 0.26 3 2-0
Y 70 Ridgevale Road 9/21/2018 $1,202,750 0.1 Cape 2,936 0.47 3 3-1
Z 8 Mary Street 1/15/2015 $360,000 0.1 Cape 2,595 0.7 3 3-1
- 32 John Street 2/24/2000 $122,000 0.1 Cape 2,376 0.48 4 3-1
- 47 Cory Lane 4/2/2012 $99 0.1 Ranch 1,192 0.29 3 2-0
- 67 Ridgevale Road 4/24/2008 $93,000 0.1 Split Level 952 0.27 3 2-0
- 3 Barn Swallow Lane 10/28/2011 $337,500 0.1 Cape 2,647 0.39 5 3-0
- 27 George Street 10/30/2020 $945,000 0.1 Colonial 1,736 0.41 3 2-0
- 33 Eileen Road 4/14/2023 $1 0.1 Ranch 1,092 0.35 3 1-0
- 0 John Street 10/21/2011 $1 0.1 0.49 -
- 21 Barn Swallow Lane 10/29/2018 $100 0.1 Ranch 1,920 0.42 3 2-0
- 15 Barn Swallow Lane 6/27/2006 $1 0.1 Cape 1,244 0.36 3 2-0
- 5 Bonnies Lane 9/8/1971 $1 0.1 Cape 1,712 0.27 4 2-0
- 32 Cory Lane 10/16/2009 $329,000 0.1 Raised Ranch 1,008 0.32 2 2-0
- 165 Ridgevale Road 9/24/2021 $795,000 0.1 Cape 1,296 0.27 3 2-0
- 15 Bonnies Lane 1/18/2023 $10 0.1 Ranch 1,368 0.25 3 2-0
- 51 Cory Lane 2/5/2010 $371,000 0.1 Ranch 1,192 0.5 3 2-0
- 16 Toms Way 3/4/1994 $124,000 0.1 Cape 1,344 0.31 4 2-0
- 36 Cory Lane 5/20/2020 $1 0.1 Cape 2,438 0.38 3 2-1
- 55 Ridgevale Road 8/30/1996 $1 0.1 Ranch 1,388 0.26 3 2-0
- 60 Ridgevale Road 5/8/2015 $287,500 0.1 Cape 2,497 0.51 3 4-0
- 45 Eileen Road 1/2/2019 $645,000 0.1 Cape 2,248 0.33 5 3-1
- 39 George Street 11/15/2000 $399,000 0.1 Cape 2,459 0.41 3 2-0
- 5 John Street 4/19/2018 $960,000 0.1 Cape 2,706 0.48 3 3-0
- 50 Cory Lane 1/20/2021 $1 0.1 Cape 2,454 0.33 3 2-1
- 26 Toms Way 10/16/1998 $186,000 0.1 Cape 1,974 0.33 3 2-1
- 25 John Street 8/31/2006 $532,673 0.1 Cape 2,225 0.5 3 3-0
- 0 John Street 10/21/2011 $1 0.1 0.69 -
- 170 Ridgevale Road 1/10/2013 $359,000 0.1 Cape 1,001 0.5 2 2-0
- 35 John Street 6/28/1993 $225,000 0.1 Cape 2,112 0.48 4 2-0
- 12 Dew Drive 7/5/2022 $1 0.1 Cottage 820 0.3 2 1-0
- 56 Eileen Road 9/15/2008 $1 0.1 Ranch 1,876 0.44 4 3-0
- 38 Toms Way 5/18/2007 $570,000 0.1 Cape 2,052 0.32 4 3-0
- 175 Ridgevale Road 12/21/2004 $1 0.1 Ranch 948 0.75 4 2-0
- 139 Happy Valley Road 1/24/1997 $39,000 0.1 Cape 2,127 0.41 4 3-0
- 55 Eileen Road 12/5/2011 $380,000 0.1 Ranch 1,144 0.32 3 2-0
- 46 Ridgevale Road 5/15/2020 $440,000 0.1 Antique 1,456 0.26 3 3-0
- 45 George Street 10/31/2005 $375,000 0.1 Colonial 2,832 0.41 2 3-1
- 43 John Street 2/28/2023 $1,525,000 0.1 Cape 2,548 0.49 4 3-1
- 19 Dew Drive 12/12/2016 $1 0.1 Colonial 1,674 0.47 3 2-0
Averages 4693 days $277,067 0.08 --- 1,716 0.39 --- ---  
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
6D-20-7 115 Ridgevale Road