41 Tern Lane, Chatham, MA 02633

Owner Information
Owner 1
Amelia R Steppacher
Owner 2
Owner's Address
35 Pond St Hopkinton, MA 01748
Market Sale Information
Most recent sale date
1/11/2017
Previous sale date
4/18/2008
Transfer document #
(211817)-
Previous transfer document
(185721)
Grantor
Forty-One Tern Lane Realty
Previous grantor
Harry A Weide
Most recent sale price
$485,000.00
Previous sale price
$327,500.00
Site Information
Property ID
7D-56-M25
Lot Size
0.3
Use Code
101 - Residential, single family
Zoning
R20
Building Style
Colonial
Number of Rooms
6
Stories
2
Number of Beds
3
Year Built
1978
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1344
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
$364,100.00
Total value
$785,900.00
Building value
$420,400.00
Estimated tax
$2,805.00
Yard improvement value
$1,400.00
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 41 Tern Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $360.86 Style Colonial Age 1978 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.3 Roof Cover Asph/Cmp Shin AEM Value - Building $420,400.00 AEM Value - Land $364,100.00 AEM Value - Other $1,400.00 AEM Value - Total $785,900.00
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 0.4 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
@ 41 Tern Lane 1/11/2017 $485,000 0 Colonial 1,344 0.3 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 0.4 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 0.47 --- 1,412 0.46 --- ---  

Estimation of Market Value - $917,850

As of today, 05/02/2024, the estimated market value of 41 Tern Lane, Chatham considering the above 4 comparable properties is $917,850.

 

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
@ 41 Tern Lane 1/11/2017 $485,000 0 Colonial 1,344 0.3 3 2-0 -
  Criteria
A 27 Tern Lane 3/6/1998 $1 0.0 Ranch 2,008 0.28 3 2-0
B 8 Overlook Drive 6/20/2014 $1 0.0 Ranch 1,448 0.3 3 2-0
C 67 Sulphur Springs Road 3/1/2018 $1 0.0 Ranch 1,144 0.28 3 2-0
D 19 Tern Lane 5/11/2021 $1 0.0 Ranch 1,248 0.27 3 2-0
E 19 Overlook Drive 9/20/2019 $789,000 0.0 Cape 2,363 0.6 5 3-0
F 57 Sulphur Springs Road 3/6/2002 $265,000 0.0 Ranch 1,268 0.28 3 2-0
G 7 Overlook Drive 3/25/1997 $1 0.0 Colonial 3,197 0.67 3 2-1
H 24 Tern Lane 3/24/2000 $199,000 0.0 Ranch 1,300 0.33 2 2-0
I 31 Overlook Drive 3/8/2019 $100 0.0 Cape 1,978 0.51 3 2-0
J 15 Oakridge Circle 9/26/2018 $100 0.0 Ranch 1,192 0.28 3 2-0
K 78 Sulphur Springs Road 12/11/2002 $299,000 0.1 Ranch 1,326 0.29 3 2-0
L 86 Sulphur Springs Road 9/28/2018 $580,000 0.1 Cape 1,993 0.27 3 2-0
M 48 Overlook Drive 12/15/2017 $326,000 0.1 Ranch 660 0.31 2 1-0
N 177 George Ryder Rd South 5/16/1990 $1 0.1 Ranch 1,320 0.3 2 2-0
O 7 Tern Lane 5/21/2021 $1 0.1 Ranch 1,452 0.31 3 2-0
P 45 Sulphur Springs Road 8/1/2023 $335,000 0.1 Ranch 1,584 0.29 2 2-1
Q 18 Oakridge Circle 9/17/2010 $450,000 0.1 Ranch 1,320 0.29 2 3-0
R 6 Tern Lane 5/30/2003 $305,000 0.1 Ranch 1,320 0.34 2 2-1
S 25 Oakridge Circle 12/14/2004 $495,000 0.1 Cape 2,037 0.28 3 2-1
T 163 George Ryder Rd South 4/15/2015 $1 0.1 Cape 880 0.23 3 2-0
U 178 George Ryder Rd South 3/21/2014 $465,000 0.1 Cape 1,656 0.33 3 2-0
V 161 George Ryder Rd South 1/30/2017 $1 0.1 Cape 1,512 0.24 3 2-0
W 58 Overlook Drive 1/14/2022 $1,150,000 0.1 Cape 1,956 0.29 3 3-0
X 28 Oakridge Circle 4/28/1978 $51,900 0.1 Ranch 1,416 0.29 3 2-0
Y 3 Sulphur Springs Road 5/24/2019 $1 0.1 Cape 1,838 0.48 3 3-0
Z 166 George Ryder Rd South 8/31/2009 $0 0.1 Cape 1,260 0.28 3 2-0
- 45 Overlook Drive 9/20/2018 $600,000 0.1 Ranch 1,024 1.32 2 1-0
- 26 Sulphur Springs Road 3/4/2016 $1 0.1 Cape 1,784 0.28 3 2-1
- 16 Sulphur Springs Road 11/24/2004 $1 0.1 Ranch 1,572 0.28 3 2-0
- 66 Overlook Drive 3/5/2021 $10 0.1 Raised Ranch 1,248 0.3 3 2-0
- 35 Oakridge Circle 4/23/2008 $1 0.1 Ranch 1,476 0.45 3 1-1
- 36 Sulphur Springs Road 5/18/1993 $153,500 0.1 Ranch 1,488 0.41 3 2-1
- 42 Sulphur Springs Road 10/17/2014 $480,000 0.1 Cape 1,729 0.69 3 2-1
- 155 George Ryder Rd South 2/22/2013 $175,000 0.1 Ranch 566 0.24 2 2-0
- 98 Sulphur Springs Road 3/27/2023 $10 0.1 Colonial 2,371 1.6 5 2-1
- 1 Sulphur Springs Road 9/21/2011 $1 0.1 Ranch 1,508 0.31 4 2-1
- 124 Sulphur Springs Road 4/19/2013 $1 0.1 Cape 480 1.65 2 1-0
- 4 Sulphur Springs Road 3/8/2023 $1 0.1 Ranch 1,296 0.33 3 2-1
- 38 Oakridge Circle 6/13/2019 $1 0.1 Ranch 1,196 0.5 3 3-0
- 17 Ralph Street 4/8/2009 $1 0.1 Cape 2,240 0.28 3 2-0
- 140 Sulphur Springs Road 5/12/2017 $1,100,000 0.1 Contemporary 2,436 1.14 3 2-1
- 117 Stephen Drive 5/31/2013 $1 0.1 Ranch 3,048 2.94 5 4-1
- 8 Ralph Street 1/14/2019 $10 0.1 Ranch 1,008 0.33 3 1-1
- 141 George Ryder Rd South 10/19/2018 $579,000 0.1 Ranch 1,224 0.28 2 3-0
- 65 Overlook Drive 6/10/2009 $99 0.1 Cape 2,082 1.99 4 2-0
- 111 Stephen Drive 12/1/2021 $925,000 0.1 Cape 2,030 1.45 4 3-0
- 29 Ralph Street 11/23/2015 $305,000 0.1 Ranch 864 0.25 3 1-0
- 101 Geranium Drive 1/21/2022 $1 0.1 Ranch 906 4.42 2 1-0
- 164 Cranberry Lane 5/2/1975 $1 0.1 Ranch 1,332 0.28 3 3-0
Averages 4539 days $204,648 0.08 --- 1,543 0.62 --- ---  
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-56-M25 41 Tern Lane