488 Main Street, Cotuit, MA 02635

Owner Information
Owner 1
Charles M Lewis
Owner 2
Owner's Address
488 Main Street Cotuit, MA 02635
Market Sale Information
Most recent sale date
7/16/2010
Previous sale date
9/29/2006
Transfer document #
24688-0319
Previous transfer document
21390-0019
Grantor
Charles M Lewis
Previous grantor
Charles M Lewis
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
022-069-001
Lot Size
3.36
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Cape Cod
Number of Rooms
7
Stories
1.75
Number of Beds
3
Year Built
1985
Number of full baths
2
Condition
Number of half baths
1
Finished Area
3821
Number of Kitchen
Gross Living Area
8058
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
$462,000.00
Total value
$1,341,600.00
Building value
$812,100.00
Estimated tax
$9,372.00
Yard improvement value
$67,500.00
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 488 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1985 Rooms 7 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 8058 Heating Fuel Gas Detached Garage Lot Size 3.36 Roof Cover Asph/F Gls/Cmp AEM Value - Building $812,100.00 AEM Value - Land $462,000.00 AEM Value - Other $67,500.00 AEM Value - Total $1,341,600.00
A) 7 Oxford Drive 0.5 5/31/2024 $1,049,000 2,977 1.75 $352.37 Cape Cod 1986 9 4 3 0 6736 Gas 0.46 Asph/F Gls/Cmp $608,600 $218,200 $58,100 $884,900
B) 239 Oxford Drive 0.6 5/30/2024 $2,100,000 3,200 2 $656.25 Cape Cod 2007 10 4 4 0 7913 Gas 1.5 Asph/F Gls/Cmp $1,328,300 $256,900 $111,800 $1,697,000
C) 244 Santuit Road 0.7 4/17/2024 $1,000,000 2,974 1.75 $336.25 Cape Cod 1994 10 4 2 1 6015 Propane 1.41 Asph/F Gls/Cmp $706,500 $254,900 $71,700 $1,033,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 488 Main Street 7/16/2010 $1 0 Cape Cod 3,821 3.36 3 2-1 -
  Criteria
A 7 Oxford Drive 5/31/2024 $1,049,000 0.5 Cape Cod 2,977 0.46 4 3-0
B 239 Oxford Drive 5/30/2024 $2,100,000 0.6 Cape Cod 3,200 1.5 4 4-0
C 244 Santuit Road 4/17/2024 $1,000,000 0.7 Cape Cod 2,974 1.41 4 2-1
Averages 127 days $1,383,000 0.61 --- 3,050 1.12 --- ---  

Estimation of Market Value - $1,636,097

As of today, 09/19/2024, the estimated market value of 488 Main Street, Cotuit considering the above 3 comparable properties is $1,636,097.

 

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
@ 488 Main Street 7/16/2010 $1 0 Cape Cod 3,821 3.36 3 2-1 -
  Criteria
A 476 Main Street 10/30/2014 $1 0.0 Colonial 3,072 1.09 4 2-1
B 21 Dewey Lane 6/21/2013 $393,750 0.0 Ranch 1,080 0.48 2 2-0
C 474 Main Street 4/13/2015 $0 0.1 Cape Cod 1,956 0.62 3 2-0
D 468 Main Street 6/13/2014 $100 0.1 Conventional 1,601 0.47 3 2-0
E 510 Main Street 7/18/1997 $116,000 0.1 Conventional 1,156 0.47 4 2-0
F 460 Main Street-Lot 16 6/11/2002 $137,500 0.1 Conventional 940 0.88 2 1-0
G 528 Main Street 1/28/2000 $1 0.1 Conventional 1,474 0.42 3 1-1
H 35 Dewey Lane 5/2/2014 $1 0.1 Cape Cod 2,936 2.25 3 2-1
I 505 Main Street 12/8/2017 $400,000 0.1 Service Shop 1,997 0.51 0 0-
J 491 Main Street 3/22/2019 $300,000 0.1 Ranch 831 0.5 2 1-0
K 536 Main Street 11/1/2013 $359,000 0.1 Ranch 1,360 1.58 2 2-0
L 450 Main Street 3/11/1999 $1 0.1 Cape Cod 1,749 0.5 3 3-0
M 481 Main Street 2/8/2023 $950,000 0.1 Colonial 2,540 1 3 2-1
N 513 Main Street 12/14/2001 $10 0.1 Vacant Land 0.53 -
O 523 Main Street-Lot 1 6/26/2020 $839,000 0.1 Cape Cod 1,417 0.47 3 3-1
P 544 Main Street 7/10/2015 $1 0.1 Conventional 1,682 1.31 2 2-0
Q 444 Main Street 7/22/2013 $1 0.1 Ranch 2,396 1.43 3 2-0
R 465 Main Street 6/24/2011 $518,000 0.1 Modern/Contemp 2,602 1 3 2-1
S 440 Main Street 6/28/2019 $560,000 0.1 Cape Cod 2,576 0.5 3 2-1
T 552 Main Street 9/30/2015 $725,000 0.1 Conventional 2,194 0.46 3 3-0
U 545 Main Street 8/22/2024 $425,000 0.1 Cape Cod 825 0.26 2 2-0
V 451 Main Street 6/16/2020 $740,000 0.1 Conventional 2,549 0.76 4 3-1
W 0 Old Post Road 9/18/2015 $225,000 0.1 Vacant Land 2.24 -
X 24 Hannah Circle 12/12/2006 $1 0.1 Cape Cod 2,106 1.02 2 3-0
Y 511 Main Street 4/12/1999 $1 0.1 Studio 1,434 0.61 2 1-1
Z 535 Main Street 3/21/2017 $1 0.1 Cape Cod 2,821 1.19 3 2-1
Averages 4419 days $257,245 0.09 --- 1,742 0.87 --- ---  
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
022-069-001 488 Main Street