31 Thayer Lane, North Chatham, MA 02650

31 Thayer Lane North Chatham MA 02650
Owner Information
Owner 1
William P Madar & Amanda
Owner 2
Owner's Address
114 Little Harbor Way Chestertown, MD 21620
Market Sale Information
Most recent sale date
6/17/2014
Previous sale date
6/17/2014
Transfer document #
28208-345
Previous transfer document
28208-334
Grantor
Amanda C Madar
Previous grantor
William Chase Madar
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
16G-6-K4
Lot Size
0.96
Use Code
101 - Residential, single family
Zoning
R40
Building Style
Cape
Number of Rooms
0
Stories
1
Number of Beds
4
Year Built
1965
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2275
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
Ht-Wt/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
$3,710,700.00
Total value
$4,545,300.00
Building value
$834,600.00
Estimated tax
$16,226.00
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 31 Thayer Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Age 1965 Rooms 0 Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.96 Roof Cover Wood Shin AEM Value - Building $834,600.00 AEM Value - Land $3,710,700.00 AEM Value - Other $0.00 AEM Value - Total $4,545,300.00
A) 5 Hillcrest Lane 0.2 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
B) 98 Orleans Road 0.3 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
C) 184 Barcliff Avenue 0.4 6/28/2024 $3,675,000 1,721 1.85 $2135.39 Antique 1900 8 4 1 1 Gas 0.23 Asph/Cmp Shin $331,800 $673,300 $9,400 $1,014,500
D) 55 Eldredge Square South 0.6 10/29/2024 $1,850,000 1,896 1.75 $975.74 Cape 2003 7 3 2 2 Gas 0.85 Asph/Cmp Shin $623,500 $828,900 $1,100 $1,453,500
E) 31 Great Hill Road 0.9 5/30/2024 $930,000 1,880 1 $494.68 Ranch 1965 6 2 2 1 Oil 0.55 Asph/Cmp Shin $534,600 $307,200 $0 $841,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 31 Thayer Lane 6/17/2014 $1 0 Cape 2,275 0.96 4 3-1 -
  Criteria
A 5 Hillcrest Lane 10/25/2024 $2,950,000 0.2 Colonial 2,732 0.39 3 2-1
B 98 Orleans Road 6/25/2024 $1,557,500 0.3 Cape 2,242 0.36 3 4-1
C 184 Barcliff Avenue 6/28/2024 $3,675,000 0.4 Antique 1,721 0.23 4 1-1
D 55 Eldredge Square South 10/29/2024 $1,850,000 0.6 Cape 1,896 0.85 3 2-2
E 31 Great Hill Road 5/30/2024 $930,000 0.9 Ranch 1,880 0.55 2 2-1
Averages 84 days $2,192,500 0.48 --- 2,094 0.48 --- ---  

Estimation of Market Value - $5,318,517

As of today, 10/31/2024, the estimated market value of 31 Thayer Lane, North Chatham considering the above 5 comparable properties is $5,318,517.

 

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
@ 31 Thayer Lane 6/17/2014 $1 0 Cape 2,275 0.96 4 3-1 -
  Criteria
A 480 Old Harbor Road 12/31/2010 $100 0.0 Cape 2,340 1.88 4 2-1
B 51 Thayer Lane 9/5/2017 $1 0.0 Ranch 2,123 0.88 2 2-0
C 0 Thayer Lane 5/30/2012 $5,100,000 0.0 0.69 -
D 448 Old Harbor Road 5/1/2009 $1,187,500 0.1 Cape 1,238 0.34 4 2-0
E 446 Old Harbor Road 5/1/2013 $850,000 0.1 Colonial 2,308 0.24 3 3-1
F 458 Old Harbor Road 5/30/2012 $5,100,000 0.1 Reno'D Antique 6,119 1.2 9 8-0
G 504 Old Harbor Road 10/21/2024 $8,500,000 0.1 Cape 4,356 2.94 8 5-0
H 444 Old Harbor Road 8/3/2022 $8,225,000 0.1 New Style 4,198 0.57 4 5-1
I 450 Old Harbor Road 12/7/2012 $1 0.1 Cape 1,510 0.29 3 2-1
J 594 Shore Road 1/27/2004 $10 0.1 Cape 3,160 1.91 5 4-0
K 475 Old Harbor Road 6/14/1991 $225,000 0.1 Ranch 1,388 0.99 3 2-0
L 432 Old Harbor Road 7/2/2020 $1,850,000 0.1 Reno'D Antique 5,692 0.86 8 3-1
M 459 Old Harbor Road 10/16/2015 $2,500,000 0.1 Reno'D Antique 3,483 0.86 4 4-1
N 552 Shore Road 10/12/2012 $1 0.1 Old Style 5,868 2.86 5 4-1
O 517 Old Harbor Road 9/30/2021 $1 0.1 Reno'D Antique 2,648 1.68 4 5-0
P 0 Cow Yard Lane 12/20/2022 $0 0.1 2.63 -
Q 568 Shore Road 1/6/2017 $1 0.1 Reno'D Antique 3,767 0.61 4 3-0
Averages 3854 days $1,972,801 0.08 --- 2,953 1.26 --- ---  
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
16G-6-K4 31 Thayer Lane