261 School Street, Cotuit, MA 02635

Owner Information
Owner 1
Carmelo J Paratore
Owner 2
Owner's Address
261 School St Cotuit, MA 02635
Market Sale Information
Most recent sale date
10/15/1995
Previous sale date
9/15/1984
Transfer document #
9902-0075
Previous transfer document
4237-0057
Grantor
Nina F Pettine
Previous grantor
Donel B Roberts
Most recent sale price
$100,000.00
Previous sale price
$60,000.00
Site Information
Property ID
020-101
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Antique
Number of Rooms
7
Stories
1.75
Number of Beds
3
Year Built
1930
Number of full baths
1
Condition
Number of half baths
0
Finished Area
1192
Number of Kitchen
Gross Living Area
2326
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 Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$264,900.00
Total value
$445,700.00
Building value
$165,400.00
Estimated tax
$2,133.00
Yard improvement value
$15,400.00
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 261 School Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $83.89 Style Antique Age 1930 Rooms 7 Bedrooms 3 Full baths 1 Half baths 0 Gross Living Area 2326 Heating Fuel Gas Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $165,400.00 AEM Value - Land $264,900.00 AEM Value - Other $15,400.00 AEM Value - Total $445,700.00
A) 40 Lake Street 0.3 9/10/2024 $925,000 1,016 1.75 $910.43 Antique 1930 5 3 2 0 2022 Oil 0.48 Asph/F Gls/Cmp $247,300 $266,100 $21,200 $534,600
B) 108 Bay Road 0.4 8/30/2024 $2,100,000 1,482 1 $1417.00 Ranch 1978 6 3 3 0 4765 Gas 0.6 Wood Shingle $359,600 $1,041,600 $95,800 $1,497,000
C) 351 Main Street 0.8 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 261 School Street 10/15/1995 $100,000 0 Antique 1,192 0.46 3 1-0 -
  Criteria
A 40 Lake Street 9/10/2024 $925,000 0.3 Antique 1,016 0.48 3 2-0
B 108 Bay Road 8/30/2024 $2,100,000 0.4 Ranch 1,482 0.6 3 3-0
C 351 Main Street 6/7/2024 $570,000 0.8 Conventional 934 0.42 1 1-1
Averages 45 days $1,198,333 0.54 --- 1,144 0.5 --- ---  

Estimation of Market Value - $939,594

As of today, 09/20/2024, the estimated market value of 261 School Street, Cotuit considering the above 3 comparable properties is $939,594.

 

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
@ 261 School Street 10/15/1995 $100,000 0 Antique 1,192 0.46 3 1-0 -
  Criteria
A 267 School Street 8/19/1997 $130,000 0.0 Conventional 897 0.46 4 1-0
B 251 School Street 10/2/2017 $1,250,000 0.0 Cape Cod 2,726 0.46 3 3-1
C 281 School Street 12/2/2020 $1 0.0 Ranch 980 0.46 2 1-0
D 241 School Street 5/12/2011 $1 0.0 Conventional 3,128 0.92 5 4-1
E 252 School Street 8/3/2012 $300,000 0.1 Cape Cod 3,253 0.71 5 1-1
F 266 School Street 6/30/2017 $300,000 0.1 Conventional 1,000 0.83 2 1-0
G 11 Grove Street 11/8/2004 $340,200 0.1 Ranch 780 0.4 2 1-0
H 244 School Street 3/23/1998 $205,000 0.1 Cape Cod 2,184 0.58 4 4-0
I 270 School Street 1/15/2015 $0 0.1 Conventional 970 0.44 2 1-0
J 274 School Street 11/30/2017 $336,000 0.1 Conventional 928 0.44 2 1-0
K 234 School Street 8/31/2007 $755,000 0.1 Conventional 2,423 0.39 3 2-1
L 284 School Street 7/27/1978 $0 0.1 Ranch 1,392 0.78 4 1-0
M 25 Grove Street 8/23/2016 $1 0.1 Ranch 2,106 0.46 3 3-0
N 225 School Street 6/24/2016 $487,000 0.1 Conventional 1,912 0.66 3 2-0
O 298 School Street 11/18/2011 $1 0.1 Cape Cod 2,473 1 4 2-1
P 31 Crockers Neck Road 3/15/1991 $1 0.1 Clubs/Lodges 2,913 9.61 -
Q 224 School Street 2/10/2016 $1 0.1 Conventional 2,423 0.43 3 3-2
R 309 School Street 5/18/2020 $10 0.1 Ranch 1,074 0.31 2 2-0
S 33 Grove Street 9/6/2019 $350,000 0.1 Antique 1,105 0.46 2 1-0
T 214 School Street 6/16/2017 $250,000 0.1 Vacant Land 0.48 -
U 47 Grove Street 3/2/2020 $1 0.1 Ranch 2,186 0.46 3 3-0
V 321 School Street 10/3/2014 $1 0.1 Cape Cod 2,151 0.84 3 2-1
W 68 Grove Street 10/31/2005 $397,500 0.1 Ranch 1,245 0.43 3 1-1
X 0 School Street 2/17/2011 $595,000 0.1 Vacant Land 1.48 -
Y 206 School Street 10/19/2022 $640,000 0.1 Antique 2,080 0.48 3 1-0
Z 205 School Street 3/12/2019 $1 0.1 Cape Cod 2,602 0.81 3 2-1
- 59 Grove Street 11/18/2011 $370,000 0.1 Cape Cod 2,319 1 3 3-0
Averages 4760 days $248,360 0.08 --- 1,750 0.95 --- ---  
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
020-101 261 School Street