7 Colonial Drive, Chatham, MA 02633

Owner Information
Owner 1
Robert Walsh & Carrie
Owner 2
Owner's Address
27 Oakland St Lexington, MA 02420
Market Sale Information
Most recent sale date
9/30/2022
Previous sale date
12/22/2021
Transfer document #
35398-119
Previous transfer document
34776-77
Grantor
Bayridge Realty LLC
Previous grantor
Age Holly Sa V
Most recent sale price
$1,561,000.00
Previous sale price
$1,075,000.00
Site Information
Property ID
6E-33-KM12A
Lot Size
0.54
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
9
Stories
1.85
Number of Beds
3
Year Built
1999
Number of full baths
2
Condition
Number of half baths
1
Finished Area
3056
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
Gambrel
Heating type
Ht-Wt/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
$459,900.00
Total value
$1,691,700.00
Building value
$1,231,800.00
Estimated tax
$6,039.00
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 7 Colonial Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $510.80 Style Colonial Age 1999 Rooms 9 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.54 Roof Cover Asph/Cmp Shin AEM Value - Building $1,231,800.00 AEM Value - Land $459,900.00 AEM Value - Other $0.00 AEM Value - Total $1,691,700.00
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 0.6 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) 27 Patterson Road 0.7 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) 55 Tanglewood Drive 1.0 3/29/2024 $1,150,000 2,491 1.75 $461.66 Cape 1976 8 3 2 1 Gas 0.52 Asph/Cmp Shin $868,300 $213,300 $600 $1,082,200
E) 56 Billings Road 1.0 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
@ 7 Colonial Drive 9/30/2022 $1,561,000 0 Colonial 3,056 0.54 3 2-1 -
  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 0.6 Cape 2,840 0.65 3 3-0
C 27 Patterson Road 12/15/2023 $3,100,000 0.7 Colonial 3,224 0.27 4 3-1
D 55 Tanglewood Drive 3/29/2024 $1,150,000 1.0 Cape 2,491 0.52 3 2-1
E 56 Billings Road 3/15/2024 $4,200,000 1.0 Cape 2,549 0.29 4 4-1
Averages 107 days $2,460,000 0.65 --- 2,787 0.45 --- ---  

Estimation of Market Value - $2,413,191

As of today, 05/02/2024, the estimated market value of 7 Colonial Drive, Chatham considering the above 5 comparable properties is $2,413,191.

 

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
@ 7 Colonial Drive 9/30/2022 $1,561,000 0 Colonial 3,056 0.54 3 2-1 -
  Criteria
A 5 Patriot Place 3/13/2020 $1 0.0 Colonial 2,243 0.56 3 2-1
B 3 Colonial Drive 9/25/2001 $480,000 0.0 Cape 2,341 0.47 3 2-0
C 32 Colonial Drive 10/17/2008 $884,000 0.0 Cape 3,210 0.46 3 3-1
D 22 Lorenzo Buck Way 8/30/2022 $1,000,000 0.0 Colonial 2,184 0.7 4 3-0
E 6 Colonial Drive 5/21/2021 $10 0.0 Cape 3,284 0.46 3 3-1
F 10 Lorenzo Buck Way 4/26/2019 $1 0.0 Cape 1,948 0.87 5 2-0
G 34 Colonial Drive 12/7/2012 $1,005,000 0.1 Colonial 3,549 0.46 3 3-1
H 35 Colonial Drive 9/16/2009 $1 0.1 Cape 3,103 0.5 3 2-1
I 25 Patriot Place 11/10/1997 $95,000 0.1 Cape 2,400 0.48 3 2-1
J 36 Lorenzo Buck Way 2/26/1969 $1 0.1 Cape 1,799 1.11 3 2-0
K 39 Toms Way 8/17/2020 $300,000 0.1 Town Hse End 946 0 2 2-0
L 41 Toms Way 6/1/2016 $250,000 0.1 Town Hse Mid 923 0 2 2-0
M 43 Toms Way 2/22/2021 $354,900 0.1 Town Hse Mid 1,308 0 2 2-0
N 45 Toms Way 10/13/2006 $1 0.1 Town Hse Mid 1,160 0 2 2-0
O 47 Toms Way 3/30/2001 $122,000 0.1 Town Hse End 1,164 0 2 2-0
P 49 Toms Way 12/28/2023 $440,000 0.1 Town Hse End 1,140 0 2 2-0
Q 51 Toms Way 4/2/2001 $122,000 0.1 Town Hse Mid 1,046 0 2 2-0
R 53 Toms Way 10/20/2023 $340,000 0.1 Town Hse End 1,075 0 2 2-0
S 0 Toms Way 4/12/1988 $0 0.1 1.88 0 0-0
T 6 Patriot Place 9/2/2009 $975,000 0.1 Cape 3,273 0.51 4 3-1
U 1976 Main Street 2/27/2015 $305,000 0.1 Cape 1,787 0.38 3 4-0
V 1996 Main Street 3/7/2022 $1 0.1 Ranch 1,813 0.33 3 2-0
W 10 Sam Ryder Road 5/23/2007 $448,000 0.1 Duplex/Row 2,196 0.45 3 3-0
X 36 Colonial Drive 9/1/2020 $1 0.1 Colonial 3,746 0.46 4 2-1
Y 0 Main Street 2/27/2015 $305,000 0.1 0.38 -
Z 2008 Main Street 4/24/2012 $1 0.1 Ranch 1,558 0.33 2 2-0
- 37 Lorenzo Buck Way 5/26/2017 $410,000 0.1 Colonial 2,612 0.83 5 3-0
- 1935 Main Street 4/23/2021 $1 0.1 Reno'D Antique 2,587 0.56 5 4-1
- 39 Colonial Drive 6/1/2004 $975,000 0.1 Cape 3,333 0.49 4 3-0
- 67 Colonial Drive 3/28/2006 $1,690,000 0.1 Cape 3,868 0.48 3 4-1
- 19 Nellies Way 12/8/2023 $1,600,000 0.1 Cape 2,829 0.53 3 5-0
- 1952 Main Street 12/17/2021 $1 0.1 Reno'D Antique 1,574 0.51 4 2-0
- 11 Nellies Way 9/13/2007 $605,000 0.1 Cape 2,389 0.49 4 2-1
- 23 Sam Ryder Road 9/16/2011 $1 0.1 Ranch 1,850 0.61 3 2-0
- 40 Colonial Drive 5/7/2015 $1,150,000 0.1 Cape 3,416 0.46 4 2-1
- 36 Sam Ryder Road 5/21/2018 $490,000 0.1 Ranch 1,184 0.48 3 3-0
- 12 Nellies Way 8/10/2018 $1 0.1 Cape 2,191 0.49 3 2-1
- 2022 Main Street 10/31/2008 $850,000 0.1 Mixed Use 3,044 0.48 -
- 27 Shady Acre Drive 4/14/2006 $329,000 0.1 Ranch 696 0.61 2 1-0
- 24 Joshuas Way 6/30/2022 $1 0.1 Ranch 1,076 0.24 3 2-0
- 35 Toms Way 10/23/2015 $1 0.1 Ranch 2,233 0.6 3 3-0
- 16 Joshuas Way 3/14/2022 $750,000 0.1 Ranch 1,008 0.26 2 2-0
- 1936 Main Street 1/11/1994 $39,000 0.1 Free Standing 1,080 0 2 1-0
- 1942 Main Street 5/17/2012 $115,350 0.1 Free Standing 635 0 2 1-0
- 1936-1942 Main Street 5/17/2012 $0 0.1 0.47 0 0-0
- 8 Joshuas Way 5/27/2021 $535,000 0.1 Ranch 1,144 0.27 3 2-0
- 36 Joshuas Way 12/2/2020 $1 0.1 Cape 1,668 0.43 3 2-0
- 5 Nellies Way 7/12/2022 $1 0.1 Cape 2,976 0.49 3 2-1
- 22 Shady Acre Drive 5/8/2020 $370,000 0.1 Ranch 728 0.24 2 1-0
- 50 Toms Way 3/20/1992 $1 0.1 Cape 2,291 0.24 3 2-1
- 42 Colonial Drive 4/20/2018 $1 0.1 Cape 3,504 0.53 4 3-1
- 25 Toms Way 10/14/2016 $310,000 0.1 Cottage 600 0.46 2 1-0
Averages 4226 days $339,313 0.08 --- 1,918 0.42 --- ---  
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
6E-33-KM12A 7 Colonial Drive