54 Colonial Drive, Chatham, MA 02633

54 Colonial Drive Chatham MA 02633
Owner Information
Owner 1
Barbara A Cotnam Living Trust
Owner 2
Barbara A Cotnam
Owner's Address
54 Colonial Dr Chatham, MA 02633
Market Sale Information
Most recent sale date
6/20/2014
Previous sale date
12/5/1997
Transfer document #
28217-285
Previous transfer document
11100-188
Grantor
Barbara A Cotnam
Previous grantor
Colonial Dr Nt
Most recent sale price
$1.00
Previous sale price
$339,000.00
Site Information
Property ID
6D-71-KM7A
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Cape
Number of Rooms
7
Stories
1.75
Number of Beds
3
Year Built
1997
Number of full baths
3
Condition
Number of half baths
1
Finished Area
3026
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwd/Other
Solar Hot Water
No
Roof Structure
Gable
Heating type
Warm/Cool Air
Roof Cover
Wood Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$448,700.00
Total value
$1,716,300.00
Building value
$1,267,600.00
Estimated tax
$6,127.00
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 54 Colonial Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Age 1997 Rooms 7 Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.46 Roof Cover Wood Shin AEM Value - Building $1,267,600.00 AEM Value - Land $448,700.00 AEM Value - Other $0.00 AEM Value - Total $1,716,300.00
A) 19 Nellies Way 0.1 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 0.5 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) 27 Patterson Road 0.6 12/15/2023 $3,100,000 3,224 2 $961.54 Colonial 2011 8 4 3 1 Gas 0.27 Asph/Cmp Shin $1,379,900 $826,900 $0 $2,206,800
D) 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
E) 90 Summerhill Lane 0.9 3/15/2024 $2,200,000 3,322 1.75 $662.25 Cape 1978 6 3 3 0 Oil 0.59 Asph/Cmp Shin $949,500 $778,200 $0 $1,727,700
F) 103 Summerhill Lane 1.0 1/12/2024 $3,900,000 3,640 1.75 $1071.43 Cape 1978 8 5 6 1 Gas 0.6 Asph/Cmp Shin $2,530,100 $780,500 $14,900 $3,325,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 54 Colonial Drive 6/20/2014 $1 0 Cape 3,026 0.46 3 3-1 -
  Criteria
A 19 Nellies Way 12/8/2023 $1,600,000 0.1 Cape 2,829 0.53 3 5-0
B 47 Geranium Drive 11/17/2023 $2,250,000 0.5 Cape 2,840 0.65 3 3-0
C 27 Patterson Road 12/15/2023 $3,100,000 0.6 Colonial 3,224 0.27 4 3-1
D 56 Billings Road 3/15/2024 $4,200,000 0.8 Cape 2,549 0.29 4 4-1
E 90 Summerhill Lane 3/15/2024 $2,200,000 0.9 Cape 3,322 0.59 3 3-0
F 103 Summerhill Lane 1/12/2024 $3,900,000 1.0 Cape 3,640 0.6 5 6-1
Averages 107 days $2,875,000 0.65 --- 3,067 0.49 --- ---  

Estimation of Market Value - $2,494,984

As of today, 04/29/2024, the estimated market value of 54 Colonial Drive, Chatham considering the above 6 comparable properties is $2,494,984.

 

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
@ 54 Colonial Drive 6/20/2014 $1 0 Cape 3,026 0.46 3 3-1 -
  Criteria
A 42 Colonial Drive 4/20/2018 $1 0.0 Cape 3,504 0.53 4 3-1
B 62 Colonial Drive 11/2/2000 $1 0.0 Cape 2,183 0.46 3 3-1
C 39 Colonial Drive 6/1/2004 $975,000 0.0 Cape 3,333 0.49 4 3-0
D 40 Colonial Drive 5/7/2015 $1,150,000 0.0 Cape 3,416 0.46 4 2-1
E 55 Eileen Road 12/5/2011 $380,000 0.0 Ranch 1,144 0.32 3 2-0
F 56 Eileen Road 9/15/2008 $1 0.0 Ranch 1,876 0.44 4 3-0
G 70 Colonial Drive 6/15/2010 $877,000 0.1 Cape 2,830 0.71 4 3-1
H 50 Toms Way 3/20/1992 $1 0.1 Cape 2,291 0.24 3 2-1
I 67 Colonial Drive 3/28/2006 $1,690,000 0.1 Cape 3,868 0.48 3 4-1
J 5 Bonnies Lane 9/8/1971 $1 0.1 Cape 1,712 0.27 4 2-0
K 140 Happy Valley Road 9/30/2022 $630,000 0.1 2.29 -
L 36 Colonial Drive 9/1/2020 $1 0.1 Colonial 3,746 0.46 4 2-1
M 139 Happy Valley Road 1/24/1997 $39,000 0.1 Cape 2,127 0.41 4 3-0
N 15 Bonnies Lane 1/18/2023 $10 0.1 Ranch 1,368 0.25 3 2-0
O 45 Eileen Road 1/2/2019 $645,000 0.1 Cape 2,248 0.33 5 3-1
P 38 Toms Way 5/18/2007 $570,000 0.1 Cape 2,052 0.32 4 3-0
Q 35 Colonial Drive 9/16/2009 $1 0.1 Cape 3,103 0.5 3 2-1
R 6 Patriot Place 9/2/2009 $975,000 0.1 Cape 3,273 0.51 4 3-1
S 135 Happy Valley Road 6/22/2018 $100 0.1 Cape 1,534 0.23 2 2-0
T 35 Toms Way 10/23/2015 $1 0.1 Ranch 2,233 0.6 3 3-0
U 34 Eileen Road 5/21/2014 $1 0.1 Cape 2,048 0.29 3 2-1
V 16 Bonnies Lane 6/6/2016 $1 0.1 Colonial 2,251 0.32 3 3-0
W 33 Eileen Road 4/14/2023 $1 0.1 Ranch 1,092 0.35 3 1-0
X 12 Dew Drive 7/5/2022 $1 0.1 Cottage 820 0.3 2 1-0
Y 34 Colonial Drive 12/7/2012 $1,005,000 0.1 Colonial 3,549 0.46 3 3-1
Z 26 Toms Way 10/16/1998 $186,000 0.1 Cape 1,974 0.33 3 2-1
- 6 Dew Drive 6/20/2011 $10 0.1 Cottage 396 0.23 1 1-0
- 8 Mary Street 1/15/2015 $360,000 0.1 Cape 2,595 0.7 3 3-1
- 25 Patriot Place 11/10/1997 $95,000 0.1 Cape 2,400 0.48 3 2-1
- 51 Cory Lane 2/5/2010 $371,000 0.1 Ranch 1,192 0.5 3 2-0
- 25 Toms Way 10/14/2016 $310,000 0.1 Cottage 600 0.46 2 1-0
- 19 Freddies Lane 6/7/1995 $72,500 0.1 Cape 1,216 0.23 2 2-0
- 24 Eileen Road 3/29/2013 $435,000 0.1 Ranch 1,192 0.25 3 2-0
- 27 Freddies Lane $169,900 0.1 Ranch 1,056 0.24 3 1-0
- 16 Toms Way 3/4/1994 $124,000 0.1 Cape 1,344 0.31 4 2-0
- 5 Patriot Place 3/13/2020 $1 0.1 Colonial 2,243 0.56 3 2-1
- 21 Eileen Road 10/13/2022 $1,200,000 0.1 Cape 2,753 0.33 5 3-0
- 12 Nellies Way 8/10/2018 $1 0.1 Cape 2,191 0.49 3 2-1
- 32 Colonial Drive 10/17/2008 $884,000 0.1 Cape 3,210 0.46 3 3-1
- 19 Dew Drive 12/12/2016 $1 0.1 Colonial 1,674 0.47 3 2-0
Averages 5013 days $328,588 0.08 --- 2,091 0.45 --- ---  
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-71-KM7A 54 Colonial Drive