53 Reed Lane, Duxbury, MA 02332

Owner Information
Owner 1
Richard J Meredith
Owner 2
Nancy E Fallaw
Owner's Address
P O Box 1347 Duxbury, MA 02331
Market Sale Information
Most recent sale date
5/24/2011
Previous sale date
Transfer document #
39959-207
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$362,000.00
Previous sale price
N/A
Site Information
Property ID
031-949-019
Lot Size
1.17
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Gambrel
Number of Rooms
7
Stories
1.9
Number of Beds
3
Year Built
1996
Number of full baths
3
Condition
average
Number of half baths
0
Finished Area
1880
Number of Kitchen
Gross Living Area
3070
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gambrel
Heating type
Hot Water
Roof Cover
Asphalt
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$358,800.00
Total value
$691,900.00
Building value
$289,800.00
Estimated tax
$6,960.00
Yard improvement value
$43,300.00
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 53 Reed Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $192.55 Style Gambrel Age 1996 Rooms 7 Bedrooms 3 Full baths 3 Half baths 0 Gross Living Area 3070 Heating Fuel Oil Detached Garage Lot Size 1.17 Roof Cover Asphalt AEM Value - Building $289,800.00 AEM Value - Land $358,800.00 AEM Value - Other $43,300.00 AEM Value - Total $691,900.00
A) 303 Lake Shore Drive 0.6 6/11/2024 $647,000 1,976 1.85 $327.43 Cape Cod 1965 8 4 2 0 3512 Gas 1.01 Asphalt $501,200 $312,900 $2,800 $816,900
B) 1 Trout Farm Lane 0.7 8/14/2024 $801,000 2,105 2 $380.52 Contemporary 1986 7 3 2 1 3630 Oil 0.65 Asphalt $374,200 $328,100 $0 $702,300
C) 201 Lake Shore Drive 0.8 7/30/2024 $691,000 1,780 1.75 $388.20 Cape Cod 1958 6 3 2 0 3792 Oil 1.58 Asphalt $383,200 $330,500 $3,300 $717,000
D) 6 Trout Farm Lane 0.8 5/23/2024 $680,000 1,712 1.75 $397.20 Contemporary 1978 5 3 2 0 3048 Oil 0.29 Asphalt $283,400 $277,700 $0 $561,100
E) 7 Trout Farm Lane 0.8 8/1/2024 $718,000 1,675 1.75 $428.66 Contemporary 1979 6 3 2 0 3758 Oil 0.28 Asphalt $308,000 $276,400 $0 $584,400
F) 139 Cross Street 0.8 8/13/2024 $825,000 2,034 1 $405.60 Ranch 1964 6 3 2 0 4716 Oil 0.92 Asphalt $348,600 $350,000 $0 $698,600
G) 144 Lake Shore Drive 0.9 4/8/2024 $760,000 2,160 1.75 $351.85 Cape Cod 1987 7 4 2 1 4114 Gas 0.97 Asphalt $400,000 $389,100 $2,900 $792,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 53 Reed Lane 5/24/2011 $362,000 0 Gambrel 1,880 1.17 3 3-0 -
  Criteria
A 303 Lake Shore Drive 6/11/2024 $647,000 0.6 Cape Cod 1,976 1.01 4 2-0
B 1 Trout Farm Lane 8/14/2024 $801,000 0.7 Contemporary 2,105 0.65 3 2-1
C 201 Lake Shore Drive 7/30/2024 $691,000 0.8 Cape Cod 1,780 1.58 3 2-0
D 6 Trout Farm Lane 5/23/2024 $680,000 0.8 Contemporary 1,712 0.29 3 2-0
E 7 Trout Farm Lane 8/1/2024 $718,000 0.8 Contemporary 1,675 0.28 3 2-0
F 139 Cross Street 8/13/2024 $825,000 0.8 Ranch 2,034 0.92 3 2-0
G 144 Lake Shore Drive 4/8/2024 $760,000 0.9 Cape Cod 2,160 0.97 4 2-1
Averages 97 days $731,714 0.77 --- 1,920 0.81 --- ---  

Estimation of Market Value - $721,861

As of today, 10/06/2024, the estimated market value of 53 Reed Lane, Duxbury considering the above 7 comparable properties is $721,861.

 

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
@ 53 Reed Lane 5/24/2011 $362,000 0 Gambrel 1,880 1.17 3 3-0 -
  Criteria
A 45 Reed Lane 6/26/1987 $57,000 0.0 Ranch 2,376 1.1 4 2-0
B 0 Summer Street 4/16/2013 $3,000 0.0 Vacant Land 1 -
C 54 Reed Lane 5/31/2002 $317,900 0.1 Colonial 2,272 1.1 3 1-1
D 60 Reed Lane 1/20/1987 $180,000 0.1 Raised Ranch 1,196 1.34 3 2-0
E 0 Summer Street 3/11/2022 $1 0.1 Vacant Land 1.02 -
F 1 Gideon Way 8/29/2019 $585,000 0.1 Colonial 2,376 3.42 4 2-0
G 34 Reed Lane 10/16/1984 $35,000 0.1 Ranch 2,074 1.1 3 2-0
H 31 Reed Lane 8/16/1996 $165,000 0.1 Ranch 1,248 1.3 2 2-0
I 0 Summer Street 3/11/2022 $1 0.1 Vacant Land 1 -
J 272 Summer Street 7/15/2020 $475,000 0.1 Cape Cod 1,124 4.5 3 1-0
K 24 Reed Lane 8/30/2004 $1 0.1 Ranch 2,212 0.98 2 2-1
L 424 Autumn Avenue 3/2/2015 $199,995 0.1 Ranch 640 0.95 2 1-1
M 19 Reed Lane 6/27/2000 $100 0.1 Cape Cod 1,404 1.79 3 2-0
Averages 6895 days $155,231 0.08 --- 1,302 1.58 --- ---  
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
31-949-19 53 Reed Lane