994 Main Street, Cotuit, MA 02635

994 Main Street Cotuit MA 02635
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Owner Information
Owner 1
Elle Property Management LLC
Owner 2
Owner's Address
80 William Street STE 200 Wellesley, MA 02481
Market Sale Information
Most recent sale date
3/19/2020
Previous sale date
3/14/2018
Transfer document #
32770-0027
Previous transfer document
31133-0294
Grantor
David M Lipshutz
Previous grantor
Michael F Schulz
Most recent sale price
$1.00
Previous sale price
$0.00
Site Information
Property ID
034-036
Lot Size
0.23
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
4
Year Built
1988
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2888
Number of Kitchen
Gross Living Area
5268
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 Air
Roof Cover
Wood Shingle
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$2,786,600.00
Total value
$3,536,300.00
Building value
$657,300.00
Estimated tax
$27,104.00
Yard improvement value
$92,400.00
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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 994 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1988 Rooms 7 Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 5268 Heating Fuel Gas Detached Garage Lot Size 0.23 Roof Cover Wood Shingle AEM Value - Building $657,300.00 AEM Value - Land $2,786,600.00 AEM Value - Other $92,400.00 AEM Value - Total $3,536,300.00
A) 882 Main Street 0.2 9/18/2024 $3,375,000 2,572 1.5 $1312.21 Cape Cod 1949 7 3 3 0 4516 Gas 1 Asph/F Gls/Cmp $428,900 $2,116,100 $42,200 $2,587,200
B) 123 Shell Lane 0.5 9/3/2024 $1,299,000 2,265 1.75 $573.51 Cape Cod 1988 8 3 3 1 5448 Oil 0.5 Asph/F Gls/Cmp $525,000 $220,000 $62,200 $807,200
C) 150 Lewis Pond Road 0.6 4/23/2024 $1,095,000 2,790 1.5 $392.47 Cape Cod 1993 9 4 2 1 6349 Gas 1.05 Asph/F Gls/Cmp $591,900 $301,000 $70,000 $962,900
D) 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
E) 239 Oxford Drive 0.8 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
F) 89 Screecham Way 0.9 5/30/2024 $1,044,500 2,536 1.4 $411.87 Cape Cod 1983 10 4 3 1 6668 Oil 1 Asph/F Gls/Cmp $506,700 $299,800 $87,200 $893,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 994 Main Street 3/19/2020 $1 0 Colonial 2,888 0.23 4 3-1 -
  Criteria
A 882 Main Street 9/18/2024 $3,375,000 0.2 Cape Cod 2,572 1 3 3-0
B 123 Shell Lane 9/3/2024 $1,299,000 0.5 Cape Cod 2,265 0.5 3 3-1
C 150 Lewis Pond Road 4/23/2024 $1,095,000 0.6 Cape Cod 2,790 1.05 4 2-1
D 244 Santuit Road 4/17/2024 $1,000,000 0.7 Cape Cod 2,974 1.41 4 2-1
E 239 Oxford Drive 5/30/2024 $2,100,000 0.8 Cape Cod 3,200 1.5 4 4-0
F 89 Screecham Way 5/30/2024 $1,044,500 0.9 Cape Cod 2,536 1 4 3-1
Averages 92 days $1,652,250 0.61 --- 2,723 1.08 --- ---  

Estimation of Market Value - $3,072,496

As of today, 09/20/2024, the estimated market value of 994 Main Street, Cotuit considering the above 6 comparable properties is $3,072,496.

 

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
@ 994 Main Street 3/19/2020 $1 0 Colonial 2,888 0.23 4 3-1 -
  Criteria
A 990 Main Street 9/17/2004 $1,575,000 0.0 Colonial 3,072 0.31 3 4-0
B 996 Main Street 3/2/2017 $10 0.0 Conventional 4,303 1.04 3 2-0
C 992 Main Street 6/26/2008 $1 0.0 Ranch 1,056 0.08 3 1-1
D 980 Main Street 7/5/2007 $1,750,000 0.0 Conventional 2,525 0.34 3 3-1
E 978 Main Street 8/23/2023 $4,560,000 0.0 Modern/Contemp 4,062 0.25 5 4-1
F 1000 Main Street 6/8/2020 $1 0.0 Colonial 2,782 0.96 3 4-0
G 1023 Main Street $0 0.1 Vacant Land 1.55 -
H 988 Main Street 11/18/1932 $0 0.1 Churches 1,774 0.28 0 0-
I 968 Main Street 8/27/2019 $8,000,000 0.1 Conventional 9,008 0.97 11 7-5
J 976 Main Street 3/15/1935 $0 0.1 City/Town Hall 2,376 0.35 0 1-
K 1036 Main Street 8/1/2013 $2,312,500 0.1 Cape Cod 3,555 1.59 5 5-1
L 960 Main Street 3/21/2016 $2,075,000 0.1 Conventional 3,856 0.48 5 5-1
M 7 Ocean View Avenue 12/30/1996 $100 0.1 Vacant Land 0.68 -
N 995 Main Street 10/26/2007 $10 0.1 Cape Cod 3,068 0.38 5 5-0
O 944 Main Street 12/20/2018 $10 0.1 Cape Cod 2,604 0.68 2 4-1
P 975 Main Street 9/17/2014 $10 0.1 Cape Cod 1,953 0.42 3 1-1
Q 28 Bluff Point Drive 9/12/2012 $1 0.1 Modern/Contemp 4,098 1.72 5 3-1
R 989 Main Street 6/7/2023 $796,000 0.1 Conventional 1,498 0.53 3 2-0
S 965 Main Street 3/14/2014 $1 0.1 Colonial 1,404 0.41 4 1-1
T 12 Piney Road 10/7/2019 $10 0.1 Conventional 1,772 0.39 4 2-1
U 957 Main Street 8/13/1998 $1 0.1 Conventional 1,913 0.29 4 3-1
V 19 Ocean View Avenue 3/7/2024 $2,678,000 0.1 Conventional 1,270 0.38 3 1-1
W 932 Main Street 12/15/2006 $10 0.1 Colonial 3,307 0.92 6 6-0
X 1011 Main Street 12/2/2015 $1,035,000 0.1 Conventional 3,109 1.24 4 2-1
Y 0 Main Street 7/15/1987 $0 0.1 Vacant Land 0.2 -
Averages 6879 days $991,267 0.08 --- 2,575 0.66 --- ---  
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
034-036 994 Main Street