7 Penelope Lane, Cotuit, MA 02635

Owner Information
Owner 1
Peter E Johnson & Jane L
Owner 2
Owner's Address
7 Penelope Lane Cotuit, MA 02635
Market Sale Information
Most recent sale date
2/11/2000
Previous sale date
6/21/1999
Transfer document #
C156595-
Previous transfer document
C153652-0
Grantor
Catherine E Horgan
Previous grantor
Mira Korczewski
Most recent sale price
$60,000.00
Previous sale price
$57,500.00
Site Information
Property ID
039-044
Lot Size
0.55
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Cape Cod
Number of Rooms
8
Stories
1.4
Number of Beds
4
Year Built
2000
Number of full baths
3
Condition
Number of half baths
0
Finished Area
3046
Number of Kitchen
Gross Living Area
8138
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
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
$161,200.00
Total value
$937,900.00
Building value
$696,200.00
Estimated tax
$6,110.00
Yard improvement value
$80,500.00
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 7 Penelope Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $19.70 Style Cape Cod Age 2000 Rooms 8 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 8138 Heating Fuel Gas Detached Garage Lot Size 0.55 Roof Cover Asph/F Gls/Cmp AEM Value - Building $696,200.00 AEM Value - Land $161,200.00 AEM Value - Other $80,500.00 AEM Value - Total $937,900.00
A) 83 Whitmar Road 0.4 8/15/2024 $1,100,000 3,177 2 $346.24 Colonial 1997 9 4 2 1 6243 Gas 1.03 Wood Shingle $670,300 $203,300 $95,700 $969,300
B) 120 Tupelo Road 0.6 11/21/2024 $1,050,000 2,912 2 $360.58 Colonial 1988 8 4 2 1 5348 Gas 1 Wood Shingle $597,300 $202,800 $57,600 $857,700
C) 3687 Falmouth Road-Route 28 0.9 11/5/2024 $1,050,000 3,250 1.66 $323.08 Cape Cod 1983 9 3 3 0 7588 Mixed 1.39 Asph/F Gls/Cmp $629,100 $163,700 $80,900 $873,700
D) 46 Forsyth Court 0.9 6/4/2024 $1,960,000 3,790 1.75 $517.15 Cape Cod 1978 9 5 4 1 8037 Electric 1.04 Asph/F Gls/Cmp $1,282,200 $300,800 $122,300 $1,705,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Penelope Lane 2/11/2000 $60,000 0 Cape Cod 3,046 0.55 4 3-0 -
  Criteria
A 83 Whitmar Road 8/15/2024 $1,100,000 0.4 Colonial 3,177 1.03 4 2-1
B 120 Tupelo Road 11/21/2024 $1,050,000 0.6 Colonial 2,912 1 4 2-1
C 3687 Falmouth Road-Route 28 11/5/2024 $1,050,000 0.9 Cape Cod 3,250 1.39 3 3-0
D 46 Forsyth Court 6/4/2024 $1,960,000 0.9 Cape Cod 3,790 1.04 5 4-1
Averages 75 days $1,290,000 0.70 --- 3,282 1.11 --- ---  

Estimation of Market Value - $1,147,776

As of today, 11/25/2024, the estimated market value of 7 Penelope Lane, Cotuit considering the above 4 comparable properties is $1,147,776.

 

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
@ 7 Penelope Lane 2/11/2000 $60,000 0 Cape Cod 3,046 0.55 4 3-0 -
  Criteria
A 72 Thankful Lane 12/4/2015 $196,248 0.0 Raised Ranch 1,428 0.61 3 2-0
B 21 Penelope Lane 8/26/2002 $288,500 0.0 Cape Cod 2,114 0.74 3 2-0
C 10 Penelope Lane 9/27/2017 $387,000 0.0 Cape Cod 1,221 0.46 2 2-0
D 90 Thankful Lane 11/7/2014 $270,000 0.0 Ranch 1,154 0.58 2 1-1
E 93 Constant Lane 12/23/2019 $390,000 0.0 Cape Cod 2,014 0.59 3 2-1
F 105 Constant Lane 4/28/2005 $1 0.0 Ranch 1,108 0.83 2 2-0
G 119 Constant Lane 8/5/1998 $0 0.1 Ranch 1,452 0.83 2 2-0
H 30 Penelope Lane 7/5/2007 $425,000 0.1 Cape Cod 2,390 0.58 3 2-1
I 72 Constant Lane 6/7/2006 $337,000 0.1 Raised Ranch 1,504 0.46 3 3-0
J 81 Constant Lane 7/23/2012 $245,500 0.1 Ranch 1,252 0.59 2 2-0
K 35 Penelope Lane 10/7/1998 $45,000 0.1 Cape Cod 1,882 0.59 3 2-0
L 17 Patience Lane 9/27/2006 $379,890 0.1 Cape Cod 1,680 0.52 3 3-0
M 46 Thankful Lane 7/15/1997 $143,000 0.1 Raised Ranch 1,288 1.01 4 2-1
N 110 Thankful Lane 7/31/2009 $339,600 0.1 Ranch 1,528 0.64 3 2-0
O 71 Thankful Lane 7/8/1999 $1 0.1 Raised Ranch 1,088 0.79 2 1-0
P 524 Sampsons Mill Road 2/25/1980 $0 0.1 Vacant Land 0.81 -
Q 83 Thankful Lane 2/10/2014 $210,000 0.1 Ranch 1,104 0.71 3 2-0
R 67 Constant Lane 2/25/2016 $1 0.1 Colonial 1,648 0.57 3 2-0
S 46 Penelope Lane 3/8/2023 $500,000 0.1 Ranch 1,168 0.49 3 2-0
T 49 Penelope Lane 11/6/2002 $0 0.1 Ranch 1,234 0.47 3 1-1
U 89 Thankful Lane 8/8/2018 $100 0.1 Vacant Land 1,620 0.71 -
V 55 Thankful Lane 7/7/2009 $1 0.1 Raised Ranch 1,344 0.92 4 2-1
W 29 Patience Lane 11/15/2016 $100 0.1 Cape Cod 1,159 0.46 3 2-0
X 128 Thankful Lane 2/26/2018 $345,000 0.1 Cape Cod 1,680 0.45 3 2-0
Y 7 Truman Lane 9/29/2017 $360,000 0.1 Ranch 1,040 0.5 2 3-0
Z 55 Constant Lane 8/15/1994 $88,000 0.1 Cape Cod 1,416 0.57 2 1-0
- 10 Patience Lane 6/9/2018 $0 0.1 Cape Cod 1,926 0.69 3 2-0
- 542 Sampsons Mill Road 2/25/1980 $0 0.1 Vacant Land 0.59 -
- 111 Thankful Lane 6/27/2014 $1 0.1 Cape Cod 2,067 0.62 3 4-0
- 32 Thankful Lane 2/25/1980 $0 0.1 Vacant Land 0.85 -
- 85 Prudence Lane 6/14/2012 $1 0.1 Ranch 1,196 0.52 3 2-0
- 109 Prudence Lane 7/31/2024 $510,000 0.1 Ranch 1,056 0.55 2 2-0
- 37 Thankful Lane 3/25/2014 $100 0.1 Modern/Contemp 2,070 1.41 3 2-0
- 8 Truman Lane 9/15/2014 $410,000 0.1 Ranch 1,878 0.48 3 2-0
- 30 Patience Lane 8/30/2016 $294,000 0.1 Ranch 1,056 0.47 2 1-0
- 471 Sampsons Mill Road 8/8/2014 $257,000 0.1 Ranch 1,905 1.11 3 2-0
- 71 Prudence Lane 1/5/2016 $0 0.1 Ranch 1,190 0.52 3 2-0
- 127 Thankful Lane 7/11/2013 $1 0.1 Ranch 1,120 0.58 2 2-0
- 140 Thankful Lane 6/26/2015 $312,000 0.1 Antique 1,632 0.54 4 2-0
- 43 Constant Lane 11/21/2016 $410,000 0.1 Ranch 1,562 0.57 3 2-0
- 558 Sampsons Mill Road 2/25/1980 $0 0.1 Vacant Land 0.61 -
Averages 5905 days $174,221 0.09 --- 1,346 0.65 --- ---  
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
039-044 7 Penelope Lane