7 Tern Lane, Chatham, MA 02633

Owner Information
Owner 1
Name redacted
Owner 2
Owner's Address
P O Box 1245 W Chatham, MA 02669
Market Sale Information
Most recent sale date
5/21/2021
Previous sale date
4/14/2017
Transfer document #
(226333)-
Previous transfer document
(212591)
Grantor
Previous grantor
George Niden
Most recent sale price
$1.00
Previous sale price
$285,000.00
Site Information
Property ID
7D-51-M20
Lot Size
0.31
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Ranch
Number of Rooms
5
Stories
1
Number of Beds
3
Year Built
1977
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1452
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
Hot Water
Roof Cover
Asph/Cmp Shin
Heating fuel
Oil
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$365,800.00
Total value
$764,700.00
Building value
$398,900.00
Estimated tax
$2,729.00
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 Tern Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1977 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.31 Roof Cover Asph/Cmp Shin AEM Value - Building $398,900.00 AEM Value - Land $365,800.00 AEM Value - Other $0.00 AEM Value - Total $764,700.00
A) 88 Happy Valley Road 0.2 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 0.3 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) 51 Bucks Creek Road 0.5 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
D) 150 Sky Way 0.8 12/15/2023 $950,000 1,266 1.75 $750.39 Cape 1992 5 3 2 0 Oil 0.52 Asph/Cmp Shin $399,500 $274,400 $2,200 $676,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Tern Lane 5/21/2021 $1 0 Ranch 1,452 0.31 3 2-0 -
  Criteria
A 88 Happy Valley Road 11/28/2023 $1,238,000 0.2 Cape 1,400 0.72 3 2-1
B 15 Joshuas Way 12/13/2023 $795,000 0.3 Cape 1,652 0.26 3 2-0
C 51 Bucks Creek Road 12/18/2023 $925,000 0.5 Ranch 1,329 0.35 3 1-0
D 150 Sky Way 12/15/2023 $950,000 0.8 Cape 1,266 0.52 3 2-0
Averages 143 days $977,000 0.46 --- 1,412 0.46 --- ---  

Estimation of Market Value - $943,007

As of today, 05/02/2024, the estimated market value of 7 Tern Lane, Chatham considering the above 4 comparable properties is $943,007.

 

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 Tern Lane 5/21/2021 $1 0 Ranch 1,452 0.31 3 2-0 -
  Criteria
A 19 Tern Lane 5/11/2021 $1 0.0 Ranch 1,248 0.27 3 2-0
B 45 Sulphur Springs Road 8/1/2023 $335,000 0.0 Ranch 1,584 0.29 2 2-1
C 6 Tern Lane 5/30/2003 $305,000 0.0 Ranch 1,320 0.34 2 2-1
D 57 Sulphur Springs Road 3/6/2002 $265,000 0.0 Ranch 1,268 0.28 3 2-0
E 26 Sulphur Springs Road 3/4/2016 $1 0.0 Cape 1,784 0.28 3 2-1
F 16 Sulphur Springs Road 11/24/2004 $1 0.0 Ranch 1,572 0.28 3 2-0
G 24 Tern Lane 3/24/2000 $199,000 0.0 Ranch 1,300 0.33 2 2-0
H 27 Tern Lane 3/6/1998 $1 0.0 Ranch 2,008 0.28 3 2-0
I 36 Sulphur Springs Road 5/18/1993 $153,500 0.0 Ranch 1,488 0.41 3 2-1
J 67 Sulphur Springs Road 3/1/2018 $1 0.0 Ranch 1,144 0.28 3 2-0
K 4 Sulphur Springs Road 3/8/2023 $1 0.0 Ranch 1,296 0.33 3 2-1
L 3 Sulphur Springs Road 5/24/2019 $1 0.1 Cape 1,838 0.48 3 3-0
M 1 Sulphur Springs Road 9/21/2011 $1 0.1 Ranch 1,508 0.31 4 2-1
N 178 George Ryder Rd South 3/21/2014 $465,000 0.1 Cape 1,656 0.33 3 2-0
O 18 Oakridge Circle 9/17/2010 $450,000 0.1 Ranch 1,320 0.29 2 3-0
P 41 Tern Lane 1/11/2017 $485,000 0.1 Colonial 1,344 0.3 3 2-0
Q 42 Sulphur Springs Road 10/17/2014 $480,000 0.1 Cape 1,729 0.69 3 2-1
R 111 Stephen Drive 12/1/2021 $925,000 0.1 Cape 2,030 1.45 4 3-0
S 8 Overlook Drive 6/20/2014 $1 0.1 Ranch 1,448 0.3 3 2-0
T 177 George Ryder Rd South 5/16/1990 $1 0.1 Ranch 1,320 0.3 2 2-0
U 15 Oakridge Circle 9/26/2018 $100 0.1 Ranch 1,192 0.28 3 2-0
V 28 Oakridge Circle 4/28/1978 $51,900 0.1 Ranch 1,416 0.29 3 2-0
W 105 Stephen Drive 2/2/2021 $100,000 0.1 Cape 1,512 0.36 4 2-0
X 78 Sulphur Springs Road 12/11/2002 $299,000 0.1 Ranch 1,326 0.29 3 2-0
Y 166 George Ryder Rd South 8/31/2009 $0 0.1 Cape 1,260 0.28 3 2-0
Z 117 Stephen Drive 5/31/2013 $1 0.1 Ranch 3,048 2.94 5 4-1
- 17 Ralph Street 4/8/2009 $1 0.1 Cape 2,240 0.28 3 2-0
- 161 George Ryder Rd South 1/30/2017 $1 0.1 Cape 1,512 0.24 3 2-0
- 93 Stephen Drive 9/2/2008 $99 0.1 Ranch 1,144 0.45 3 2-0
- 25 Oakridge Circle 12/14/2004 $495,000 0.1 Cape 2,037 0.28 3 2-1
- 29 Ralph Street 11/23/2015 $305,000 0.1 Ranch 864 0.25 3 1-0
- 86 Sulphur Springs Road 9/28/2018 $580,000 0.1 Cape 1,993 0.27 3 2-0
- 48 Overlook Drive 12/15/2017 $326,000 0.1 Ranch 660 0.31 2 1-0
- 163 George Ryder Rd South 4/15/2015 $1 0.1 Cape 880 0.23 3 2-0
- 39 Ralph Street 9/9/2011 $342,000 0.1 Ranch 1,152 0.29 3 1-0
- 38 Oakridge Circle 6/13/2019 $1 0.1 Ranch 1,196 0.5 3 3-0
- 19 Overlook Drive 9/20/2019 $789,000 0.1 Cape 2,363 0.6 5 3-0
- 31 Overlook Drive 3/8/2019 $100 0.1 Cape 1,978 0.51 3 2-0
- 7 Overlook Drive 3/25/1997 $1 0.1 Colonial 3,197 0.67 3 2-1
- 8 Ralph Street 1/14/2019 $10 0.1 Ranch 1,008 0.33 3 1-1
- 155 George Ryder Rd South 2/22/2013 $175,000 0.1 Ranch 566 0.24 2 2-0
- 35 Oakridge Circle 4/23/2008 $1 0.1 Ranch 1,476 0.45 3 1-1
- 83 Stephen Drive 6/16/2006 $390,000 0.1 Colonial 1,507 0.29 3 2-0
- 110 Stephen Drive 4/24/2014 $1 0.1 Cape 1,260 0.93 3 2-0
- 58 Overlook Drive 1/14/2022 $1,150,000 0.1 Cape 1,956 0.29 3 3-0
- 18 Ralph Street 10/20/2016 $1 0.1 Cape 1,192 0.32 3 1-0
- 36 Ralph Street 1/26/2012 $1 0.1 Ranch 1,230 0.28 2 2-0
- 106 Stephen Drive 8/3/2021 $1 0.1 Ranch 1,376 0.5 3 1-1
- 66 Overlook Drive 3/5/2021 $10 0.1 Raised Ranch 1,248 0.3 3 2-0
- 142 George Ryder Rd South 12/1/2017 $548,000 0.1 Ranch 1,594 0.3 3 2-0
Averages 4421 days $192,275 0.08 --- 1,512 0.43 --- ---  
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
7D-51-M20 7 Tern Lane