40 Lake Street, Cotuit, MA 02635

Owner Information
Owner 1
Jeffrey C David
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
9/10/2024
Previous sale date
2/17/2012
Transfer document #
36558-219
Previous transfer document
26090-0154
Grantor
Malcolm M Carley
Previous grantor
Grace M McCarthy
Most recent sale price
$925,000.00
Previous sale price
$225,000.00
Site Information
Property ID
020-019
Lot Size
0.48
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Antique
Number of Rooms
5
Stories
1.75
Number of Beds
3
Year Built
1930
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1016
Number of Kitchen
Gross Living Area
2022
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gambrel
Heating type
Hot Air
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$266,100.00
Total value
$534,600.00
Building value
$247,300.00
Estimated tax
$2,851.00
Yard improvement value
$21,200.00
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 40 Lake Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $910.43 Style Antique Age 1930 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2022 Heating Fuel Oil Detached Garage Lot Size 0.48 Roof Cover Asph/F Gls/Cmp AEM Value - Building $247,300.00 AEM Value - Land $266,100.00 AEM Value - Other $21,200.00 AEM Value - Total $534,600.00
A) 545 Main Street 0.4 8/22/2024 $425,000 825 1.66 $515.15 Cape Cod 1895 4 2 2 0 1592 Gas 0.26 Asph/F Gls/Cmp $170,900 $328,500 $19,300 $518,700
B) 351 Main Street 0.7 6/7/2024 $570,000 934 1 $610.28 Conventional 1965 4 1 1 1 1494 Gas 0.42 Asph/F Gls/Cmp $231,300 $262,700 $15,400 $509,400
C) 311 Main Street 0.8 6/14/2024 $909,500 800 1 $1136.88 Ranch 1960 3 2 1 0 1768 Gas 0.13 Asph/F Gls/Cmp $182,200 $187,900 $18,900 $389,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Lake Street 9/10/2024 $925,000 0 Antique 1,016 0.48 3 2-0 -
  Criteria
A 545 Main Street 8/22/2024 $425,000 0.4 Cape Cod 825 0.26 2 2-0
B 351 Main Street 6/7/2024 $570,000 0.7 Conventional 934 0.42 1 1-1
C 311 Main Street 6/14/2024 $909,500 0.8 Ranch 800 0.13 2 1-0
Averages 147 days $634,833 0.64 --- 853 0.27 --- ---  

Estimation of Market Value - $737,308

As of today, 11/29/2024, the estimated market value of 40 Lake Street, Cotuit considering the above 3 comparable properties is $737,308.

 

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
@ 40 Lake Street 9/10/2024 $925,000 0 Antique 1,016 0.48 3 2-0 -
  Criteria
A 34 Lake Street 1/12/2024 $275,000 0.0 Camp 472 0.32 1 1-0
B 50 Lake Street 6/19/2013 $0 0.0 Cape Cod 1,461 0.18 4 1-1
C 25 Lewis Pond Road 1/19/2024 $232,700 0.0 Ranch 660 0.16 1 1-0
D 58 Lake Street 8/28/2013 $500,000 0.0 Cape Cod 2,389 0.48 3 2-1
E 47 Lewis Pond Road 12/22/2015 $1 0.0 Ranch 1,222 0.22 3 2-0
F 7 Lewis Pond Road 1/28/2010 $575,000 0.0 Conventional 2,415 0.64 3 2-0
G 26 Lewis Pond Road 5/25/2017 $100 0.0 Ranch 1,464 0.49 2 2-0
H 72 Lake Street 2/24/2006 $1 0.0 Colonial 1,462 0.45 3 2-0
I 99 High Street 4/1/2004 $500,000 0.1 Conventional 2,186 0.96 3 2-1
J 59 Lewis Pond Road 5/6/2016 $385,000 0.1 Ranch 1,401 0.31 3 1-0
K 41 Lake Street 9/19/2007 $1 0.1 Cape Cod 1,426 0.47 3 2-0
L 31 Lake Street 5/22/2009 $237,500 0.1 Conventional 1,205 0.41 3 1-0
M 40 Lewis Pond Road 6/10/2020 $100 0.1 Ranch 1,960 0.87 3 3-0
N 51 Lake Street 1/13/2017 $10 0.1 Conventional 1,573 0.47 3 1-1
O 23 Lake Street 9/13/1999 $0 0.1 Conventional 1,409 0.39 3 2-0
P 19 Old Oyster Road 8/4/2023 $735,000 0.1 Ranch 1,248 0.48 3 1-1
Q 110 Highland Avenue 4/24/2013 $1 0.1 Ranch 1,260 0.46 3 2-0
R 11 Lake Street 8/3/2020 $0 0.1 Vacant Land 0.07 -
S 57 Lake Street 2/9/2012 $0 0.1 Cape Cod 980 0.48 2 1-0
T 78 Lake Street 6/21/2013 $260,000 0.1 Ranch 720 0.22 2 2-0
U 65 Lake Street 8/15/1990 $115,000 0.1 Cape Cod 1,815 0.48 2 2-1
V 75 Lake Street 3/16/2004 $1 0.1 Cape Cod 1,459 0.3 3 2-0
W 81 High Street 8/3/2020 $0 0.1 Cape Cod 1,746 0.26 3 2-0
X 29 Old Oyster Road 5/11/2011 $1 0.1 Cape Cod 1,254 0.47 3 2-0
Y 124 Highland Avenue 2/15/1983 $63,000 0.1 Cape Cod 1,560 0.4 4 2-0
Z 71 High Street 8/15/2012 $765,000 0.1 Conventional 3,178 0.75 3 3-0
- 50 Highland Avenue 1/9/2007 $0 0.1 Ranch 1,106 0.25 2 1-0
- 87 Highland Avenue 11/15/1983 $68,000 0.1 Ranch 1,044 0.21 3 1-0
- 82 Coolidge Street 5/13/1994 $4,000 0.1 Cape Cod 2,069 0.51 3 2-1
- 77 Highland Avenue 3/25/1980 $0 0.1 Cape Cod 2,844 0.63 3 3-0
- 136 Highland Avenue 12/14/2015 $239,000 0.1 Ranch 768 0.47 2 1-0
- 40 Highland Avenue 5/27/2010 $172,501 0.1 Conventional 1,170 0.32 3 1-0
- 55 High Street 12/21/2016 $1 0.1 Conventional 2,758 1.3 5 3-0
- 75 Old Oyster Road 7/9/2020 $99,603 0.1 Cape Cod 2,110 0.49 5 2-0
- 80 Lewis Pond Road 12/9/2011 $1 0.1 Cape Cod 2,530 0.68 3 4-0
- 111 Highland Avenue 10/23/2000 $185,000 0.1 Ranch 1,822 0.6 3 2-0
- 22 Highland Avenue 11/15/1986 $100 0.1 Cape Cod 1,864 0.85 3 3-0
- 20 Highland Avenue 8/8/2001 $1 0.1 Cape Cod 1,875 0.26 3 2-1
- 108 High Street 9/23/2020 $100 0.1 Ranch 1,672 0.44 3 1-0
- 74 Coolidge Street 8/25/2008 $400,000 0.1 Conventional 1,222 0.39 3 1-1
- 26 Old Oyster Road 4/5/2004 $430,000 0.1 Cape Cod 2,028 0.7 3 2-0
- 88 High Street 2/15/2017 $10 0.1 Cape Cod 1,683 0.57 4 2-0
- 14 Highland Avenue 12/21/2016 $1 0.1 Vacant Land 0.1 -
- 125 Highland Avenue 6/8/2007 $445,000 0.1 Ranch 1,668 1.27 3 2-0
- 64 High Street 1/15/1990 $0 0.1 Fire Station 6,472 0.4 1 3-
- 16 Highland Avenue 10/15/1991 $100 0.1 Ranch 2,016 1.1 3 2-1
Averages 5980 days $145,366 0.08 --- 1,666 0.49 --- ---  
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
020-019 40 Lake Street