281 School Street, Cotuit, MA 02635

Owner Information
Owner 1
Eric C Takach & Carey N
Owner 2
Owner's Address
P O Box 173 Cotuit, MA 02635
Market Sale Information
Most recent sale date
12/2/2020
Previous sale date
5/7/2018
Transfer document #
33532-0313
Previous transfer document
31249-0184
Grantor
Eric C Takach
Previous grantor
James M Monteforte
Most recent sale price
$1.00
Previous sale price
$445,000.00
Site Information
Property ID
020-103
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Ranch
Number of Rooms
4
Stories
1
Number of Beds
2
Year Built
1955
Number of full baths
1
Condition
Number of half baths
0
Finished Area
980
Number of Kitchen
Gross Living Area
2361
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
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
$649,200.00
Building value
$355,000.00
Estimated tax
$3,777.00
Yard improvement value
$29,300.00
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 281 School Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1955 Rooms 4 Bedrooms 2 Full baths 1 Half baths 0 Gross Living Area 2361 Heating Fuel Gas Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $355,000.00 AEM Value - Land $264,900.00 AEM Value - Other $29,300.00 AEM Value - Total $649,200.00
A) 40 Lake Street 0.4 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) 545 Main Street 0.7 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
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
D) 311 Main Street 0.9 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
@ 281 School Street 12/2/2020 $1 0 Ranch 980 0.46 2 1-0 -
  Criteria
A 40 Lake Street 9/10/2024 $925,000 0.4 Antique 1,016 0.48 3 2-0
B 545 Main Street 8/22/2024 $425,000 0.7 Cape Cod 825 0.26 2 2-0
C 351 Main Street 6/7/2024 $570,000 0.8 Conventional 934 0.42 1 1-1
D 311 Main Street 6/14/2024 $909,500 0.9 Ranch 800 0.13 2 1-0
Averages 127 days $707,375 0.69 --- 894 0.32 --- ---  

Estimation of Market Value - $858,412

As of today, 11/25/2024, the estimated market value of 281 School Street, Cotuit considering the above 4 comparable properties is $858,412.

 

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
@ 281 School Street 12/2/2020 $1 0 Ranch 980 0.46 2 1-0 -
  Criteria
A 267 School Street 8/19/1997 $130,000 0.0 Conventional 897 0.46 4 1-0
B 11 Grove Street 11/8/2004 $340,200 0.0 Ranch 780 0.4 2 1-0
C 261 School Street 10/15/1995 $100,000 0.0 Antique 1,192 0.46 3 1-0
D 25 Grove Street 8/23/2016 $1 0.0 Ranch 2,106 0.46 3 3-0
E 309 School Street 5/18/2020 $10 0.0 Ranch 1,074 0.31 2 2-0
F 298 School Street 11/18/2011 $1 0.1 Cape Cod 2,473 1 4 2-1
G 251 School Street 10/2/2017 $1,250,000 0.1 Cape Cod 2,726 0.46 3 3-1
H 33 Grove Street 9/6/2019 $350,000 0.1 Antique 1,105 0.46 2 1-0
I 284 School Street 7/27/1978 $0 0.1 Ranch 1,392 0.78 4 1-0
J 274 School Street 11/30/2017 $336,000 0.1 Conventional 928 0.44 2 1-0
K 270 School Street 1/15/2015 $0 0.1 Conventional 970 0.44 2 1-0
L 266 School Street 6/30/2017 $300,000 0.1 Conventional 1,000 0.83 2 1-0
M 321 School Street 10/3/2014 $1 0.1 Cape Cod 2,151 0.84 3 2-1
N 47 Grove Street 3/2/2020 $1 0.1 Ranch 2,186 0.46 3 3-0
O 252 School Street 8/3/2012 $300,000 0.1 Cape Cod 3,253 0.71 5 1-1
P 241 School Street 5/12/2011 $1 0.1 Conventional 3,128 0.92 5 4-1
Q 244 School Street 3/23/1998 $205,000 0.1 Cape Cod 2,184 0.58 4 4-0
R 329 School Street 7/1/2015 $425,000 0.1 Cape Cod 1,908 0.87 3 3-0
S 0 School Street 2/17/2011 $595,000 0.1 Vacant Land 1.48 -
T 31 Crockers Neck Road 3/15/1991 $1 0.1 Clubs/Lodges 2,913 9.61 -
U 244 Santuit Road 4/17/2024 $1,000,000 0.1 Cape Cod 2,974 1.41 4 2-1
V 260 Santuit Road 8/23/2016 $0 0.1 Cape Cod 2,368 1.31 3 2-1
W 59 Grove Street 11/18/2011 $370,000 0.1 Cape Cod 2,319 1 3 3-0
X 234 School Street 8/31/2007 $755,000 0.1 Conventional 2,423 0.39 3 2-1
Y 68 Grove Street 10/31/2005 $397,500 0.1 Ranch 1,245 0.43 3 1-1
Z 270 Santuit Road 11/20/2018 $625,000 0.1 Conventional 2,680 1 4 2-1
- 224 School Street 2/10/2016 $1 0.1 Conventional 2,423 0.43 3 3-2
- 225 School Street 6/24/2016 $487,000 0.1 Conventional 1,912 0.66 3 2-0
- 0 School Street 3/15/1990 $1 0.1 Vacant Land 0.96 -
Averages 5361 days $274,680 0.08 --- 1,818 1.02 --- ---  
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
020-103 281 School Street