389 Shore Road, Chatham, MA 02633

389 Shore Road Chatham MA 02633
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Owner Information
Owner 1
Robert & Carole Ridick Trust
Owner 2
Robert J Ridick & Carole A
Owner's Address
389 Shore Rd Chatham, MA 02633
Market Sale Information
Most recent sale date
7/1/2002
Previous sale date
8/14/1972
Transfer document #
(165806)-
Previous transfer document
(55736)
Grantor
Robert J Ridick
Previous grantor
Most recent sale price
$1.00
Previous sale price
N/A
Site Information
Property ID
16F-4-S14
Lot Size
0.61
Use Code
101 - Residential, single family
Zoning
R40
Building Style
Cape
Number of Rooms
7
Stories
1.9
Number of Beds
4
Year Built
1962
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2667
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwd/Carpet
Solar Hot Water
No
Roof Structure
Gable
Heating type
Forced Air
Roof Cover
Wood Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$2,033,600.00
Total value
$2,610,100.00
Building value
$576,500.00
Estimated tax
$9,318.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 389 Shore Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Age 1962 Rooms 7 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.61 Roof Cover Wood Shin AEM Value - Building $576,500.00 AEM Value - Land $2,033,600.00 AEM Value - Other $0.00 AEM Value - Total $2,610,100.00
A) 38 Sandy Shoes Lane 0.1 8/27/2024 $3,800,000 3,203 1.75 $1186.39 Cape 1930 10 4 4 1 Gas 0.78 Asph/Cmp Shin $1,312,600 $2,285,300 $0 $3,597,900
B) 47 Gladen Lane 0.2 6/27/2024 $2,350,000 3,203 1.75 $733.69 Cape 1987 7 4 3 0 Oil 0.47 Asph/Cmp Shin $864,500 $823,700 $0 $1,688,200
C) 5 Hillcrest Lane 0.5 10/25/2024 $2,950,000 2,732 2 $1079.80 Colonial 1952 0 3 2 1 Oil 0.39 Asph/Cmp Shin $737,000 $582,800 $1,200 $1,321,000
D) 98 Orleans Road 0.6 6/25/2024 $1,557,500 2,242 1.75 $694.69 Cape 1997 7 3 4 1 Gas 0.36 Asph/Cmp Shin $1,117,000 $288,100 $0 $1,405,100
E) 920 Main Street 0.9 5/15/2024 $1,030,000 2,408 1.75 $427.74 Cape 2005 6 3 2 1 Gas 0.32 Asph/Cmp Shin $713,600 $240,000 $0 $953,600
F) 35 Mill Hill Lane 0.9 10/25/2024 $3,195,000 2,016 2 $1584.82 Colonial 1987 0 4 3 0 Gas 0.13 Wood Shin $636,000 $1,196,200 $400 $1,832,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 389 Shore Road 7/1/2002 $1 0 Cape 2,667 0.61 4 2-0 -
  Criteria
A 38 Sandy Shoes Lane 8/27/2024 $3,800,000 0.1 Cape 3,203 0.78 4 4-1
B 47 Gladen Lane 6/27/2024 $2,350,000 0.2 Cape 3,203 0.47 4 3-0
C 5 Hillcrest Lane 10/25/2024 $2,950,000 0.5 Colonial 2,732 0.39 3 2-1
D 98 Orleans Road 6/25/2024 $1,557,500 0.6 Cape 2,242 0.36 3 4-1
E 920 Main Street 5/15/2024 $1,030,000 0.9 Cape 2,408 0.32 3 2-1
F 35 Mill Hill Lane 10/25/2024 $3,195,000 0.9 Colonial 2,016 0.13 4 3-0
Averages 84 days $2,480,417 0.53 --- 2,634 0.41 --- ---  

Estimation of Market Value - $3,054,384

As of today, 10/31/2024, the estimated market value of 389 Shore Road, Chatham considering the above 6 comparable properties is $3,054,384.

 

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
Mailing Labels
  • 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
@ 389 Shore Road 7/1/2002 $1 0 Cape 2,667 0.61 4 2-0 -
  Criteria
A 401 Shore Road 5/23/2018 $1 0.0 Cape 2,934 0.61 4 4-1
B 64 Sandy Shoes Lane 5/26/1994 $450,000 0.0 Cape 2,857 0.78 3 2-1
C 0 Shore Road 6/7/2017 $1 0.0 0.52 -
D 369 Shore Road 1/12/2005 $100 0.0 Ranch 1,584 0.8 3 2-1
E 390 Shore Road 6/24/2011 $10 0.1 B&B/Inn 4,278 0.58 -
F 400 Shore Road 6/24/2011 $10 0.1 B&B/Inn 2,675 0.53 -
G 54 Barcliff Avenue Extension 6/20/1947 $0 0.1 Packing Plant 8,614 2.08 -
H 423 Shore Road 7/5/2000 $1 0.1 Colonial 1,882 0.52 3 2-1
I 380 Shore Road 6/24/2011 $10 0.1 B&B/Inn 7,432 0.53 -
J 374 Shore Road 6/24/2011 $10 0.1 B&B/Inn 3,504 0.48 -
K 38 Sandy Shoes Lane 8/27/2024 $3,800,000 0.1 Cape 3,203 0.78 4 4-1
L 366 Shore Road 6/24/2011 $10 0.1 B&B/Inn 4,093 0.51 -
M 439 Shore Road 5/15/2019 $3,050,000 0.1 Cape 4,327 0.55 4 4-1
N 356 Shore Road 6/24/2011 $10 0.1 B&B/Inn 5,000 0.5 -
O 15 Barcliff Avenue Extension 8/15/2008 $1 0.1 New Style 6,714 0.69 5 4-1
P 27 Barcliff Avenue 10/15/2018 $100 0.1 Colonial 2,949 0.84 4 5-0
Q 45 Barcliff Avenue Extension 12/3/2019 $1,200,000 0.1 Cold Storage 2,595 0.13 -
R 0 Barcliff Avenue Extension 6/30/1956 $1 0.1 0.16 -
S 346 Shore Road 6/24/2011 $10 0.1 B&B/Inn 3,240 0.43 -
T 340 Shore Road 6/24/2011 $10 0.1 B&B/Inn 4,106 0.52 -
U 233 Seaview Street 12/14/2012 $3,600,000 0.1 Cape 6,822 1.5 7 9-1
V 33 Barcliff Avenue $1 0.1 Ranch 1,442 0.77 2 1-0
W 448 Shore Road 2/24/2012 $2,350,000 0.1 New Style 4,262 1.07 5 6-1
X 330 Shore Road 6/24/2011 $10 0.1 B&B/Inn 3,144 0.22 -
Averages 6538 days $602,096 0.08 --- 3,652 0.67 --- ---  
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
16F-4-S14 389 Shore Road