523 Main Street-Lot 1, Cotuit, MA 02635

523 Main Street Lot 1 Cotuit MA 02635
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Owner Information
Owner 1
Geoffrey Edelson & Lisa
Owner 2
Owner's Address
6 Paddock Lane Andover, MA 01810
Market Sale Information
Most recent sale date
6/26/2020
Previous sale date
6/17/2019
Transfer document #
33020-0217
Previous transfer document
32092-0154
Grantor
Cotuit Investment LLC
Previous grantor
Steven P Mcelheny
Most recent sale price
$839,000.00
Previous sale price
$450,000.00
Site Information
Property ID
021-095
Lot Size
0.47
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Cape Cod
Number of Rooms
6
Stories
1.5
Number of Beds
3
Year Built
1890
Number of full baths
3
Condition
Number of half baths
1
Finished Area
1417
Number of Kitchen
Gross Living Area
2400
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Air
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$343,600.00
Total value
$1,037,300.00
Building value
$651,500.00
Estimated tax
$6,913.00
Yard improvement value
$42,200.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 523 Main Street-Lot 1 Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $592.10 Style Cape Cod Age 1890 Rooms 6 Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area 2400 Heating Fuel Gas Detached Garage Lot Size 0.47 Roof Cover Asph/F Gls/Cmp AEM Value - Building $651,500.00 AEM Value - Land $343,600.00 AEM Value - Other $42,200.00 AEM Value - Total $1,037,300.00
A) 391 Main Street 0.3 9/6/2024 $1,600,000 1,550 1.5 $1032.26 Conventional 1850 7 4 2 0 2500 Oil 1.26 Asph/F Gls/Cmp $345,000 $306,100 $165,600 $816,700
B) 319 Mariner Circle 1.0 5/10/2024 $586,500 1,104 1 $531.25 Ranch 1981 8 3 2 1 3112 Gas 0.46 Asph/F Gls/Cmp $311,300 $155,900 $60,400 $527,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 523 Main Street-Lot 1 6/26/2020 $839,000 0 Cape Cod 1,417 0.47 3 3-1 -
  Criteria
A 391 Main Street 9/6/2024 $1,600,000 0.3 Conventional 1,550 1.26 4 2-0
B 319 Mariner Circle 5/10/2024 $586,500 1.0 Ranch 1,104 0.46 3 2-1
Averages 73 days $1,093,250 0.63 --- 1,327 0.86 --- ---  

Estimation of Market Value - $1,427,281

As of today, 09/19/2024, the estimated market value of 523 Main Street-Lot 1, Cotuit considering the above 2 comparable properties is $1,427,281.

 

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
Mailing Labels
  • 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
@ 523 Main Street-Lot 1 6/26/2020 $839,000 0 Cape Cod 1,417 0.47 3 3-1 -
  Criteria
A 513 Main Street 12/14/2001 $10 0.0 Vacant Land 0.53 -
B 535 Main Street 3/21/2017 $1 0.0 Cape Cod 2,821 1.19 3 2-1
C 545 Main Street 8/22/2024 $425,000 0.0 Cape Cod 825 0.26 2 2-0
D 510 Main Street 7/18/1997 $116,000 0.0 Conventional 1,156 0.47 4 2-0
E 511 Main Street 4/12/1999 $1 0.0 Studio 1,434 0.61 2 1-1
F 505 Main Street 12/8/2017 $400,000 0.0 Service Shop 1,997 0.51 0 0-
G 528 Main Street 1/28/2000 $1 0.1 Conventional 1,474 0.42 3 1-1
H 555 Main Street 10/25/2006 $0 0.1 Conventional 1,956 2.47 4 2-0
I 491 Main Street 3/22/2019 $300,000 0.1 Ranch 831 0.5 2 1-0
J 552 Main Street 9/30/2015 $725,000 0.1 Conventional 2,194 0.46 3 3-0
K 24 Hannah Circle 12/12/2006 $1 0.1 Cape Cod 2,106 1.02 2 3-0
L 21 Hannah Circle 12/15/1994 $287,000 0.1 Cape Cod 2,410 1.09 3 2-1
M 21 Dewey Lane 6/21/2013 $393,750 0.1 Ranch 1,080 0.48 2 2-0
N 481 Main Street 2/8/2023 $950,000 0.1 Colonial 2,540 1 3 2-1
O 564 Main Street 1/31/2019 $10 0.1 Conventional 1,544 0.65 4 1-1
P 488 Main Street 7/16/2010 $1 0.1 Cape Cod 3,821 3.36 3 2-1
Q 10 Hannah Circle 11/22/2011 $1 0.1 Cape Cod 2,646 1.39 3 2-1
R 536 Main Street 11/1/2013 $359,000 0.1 Ranch 1,360 1.58 2 2-0
S 9 Hannah Circle 2/25/2013 $1 0.1 Cape Cod 2,916 1 4 2-1
T 544 Main Street 7/10/2015 $1 0.1 Conventional 1,682 1.31 2 2-0
U 582 Main Street 12/11/2019 $0 0.1 Conventional 1,911 0.8 2 2-0
V 581 Main Street 2/9/2005 $100 0.1 Conventional 2,697 0.81 4 2-1
W 465 Main Street 6/24/2011 $518,000 0.1 Modern/Contemp 2,602 1 3 2-1
X 468 Main Street 6/13/2014 $100 0.1 Conventional 1,601 0.47 3 2-0
Y 599 Main Street 9/29/2022 $685,000 0.1 Cape Cod 2,148 0.56 4 2-0
Averages 4695 days $206,359 0.08 --- 1,910 0.96 --- ---  
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
021-095 523 Main Street-Lot 1