7 Truman Lane, Cotuit, MA 02635

Owner Information
Owner 1
David Arthur Sanders & Alexandra
Owner 2
Owner's Address
7 Truman Lane Cotuit, MA 02635
Market Sale Information
Most recent sale date
9/29/2017
Previous sale date
8/3/2012
Transfer document #
C214190-
Previous transfer document
C197822-0
Grantor
Silvamar LLC
Previous grantor
Tedi C Marsh
Most recent sale price
$360,000.00
Previous sale price
$1.00
Site Information
Property ID
039-147
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Ranch
Number of Rooms
7
Stories
1
Number of Beds
2
Year Built
1982
Number of full baths
3
Condition
Number of half baths
0
Finished Area
1040
Number of Kitchen
Gross Living Area
2630
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
$180,700.00
Total value
$539,800.00
Building value
$266,200.00
Estimated tax
$2,893.00
Yard improvement value
$92,900.00
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 Truman Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $346.15 Style Ranch Age 1982 Rooms 7 Bedrooms 2 Full baths 3 Half baths 0 Gross Living Area 2630 Heating Fuel Gas Detached Garage Lot Size 0.5 Roof Cover Asph/F Gls/Cmp AEM Value - Building $266,200.00 AEM Value - Land $180,700.00 AEM Value - Other $92,900.00 AEM Value - Total $539,800.00
A) 109 Prudence Lane 0.2 7/31/2024 $510,000 1,056 1 $482.95 Ranch 1981 5 2 2 0 2718 Gas 0.55 Asph/F Gls/Cmp $251,200 $161,200 $47,200 $459,600
B) 319 Mariner Circle 0.3 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
C) 354 Mariner Circle 0.4 7/16/2024 $689,000 1,060 1 $650.00 Ranch 1982 5 2 1 1 3158 Gas 0.53 Asph/F Gls/Cmp $255,100 $159,600 $61,200 $475,900
D) 25 Pineview Drive 0.4 5/31/2024 $545,000 1,040 1 $524.04 Ranch 1984 4 2 2 0 2776 Gas 0.47 Asph/F Gls/Cmp $269,400 $156,200 $46,900 $472,500
E) 383 Mariner Circle 0.4 7/2/2024 $275,000 1,080 1 $254.63 Ranch 1982 5 2 1 1 2760 Gas 0.51 Asph/F Gls/Cmp $259,000 $158,000 $45,100 $462,100
F) 311 Main Street 1.0 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
G) 351 Main Street 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Truman Lane 9/29/2017 $360,000 0 Ranch 1,040 0.5 2 3-0 -
  Criteria
A 109 Prudence Lane 7/31/2024 $510,000 0.2 Ranch 1,056 0.55 2 2-0
B 319 Mariner Circle 5/10/2024 $586,500 0.3 Ranch 1,104 0.46 3 2-1
C 354 Mariner Circle 7/16/2024 $689,000 0.4 Ranch 1,060 0.53 2 1-1
D 25 Pineview Drive 5/31/2024 $545,000 0.4 Ranch 1,040 0.47 2 2-0
E 383 Mariner Circle 7/2/2024 $275,000 0.4 Ranch 1,080 0.51 2 1-1
F 311 Main Street 6/14/2024 $909,500 1.0 Ranch 800 0.13 2 1-0
G 351 Main Street 6/7/2024 $570,000 1.0 Conventional 934 0.42 1 1-1
Averages 92 days $583,571 0.51 --- 1,011 0.44 --- ---  

Estimation of Market Value - $634,782

As of today, 09/19/2024, the estimated market value of 7 Truman Lane, Cotuit considering the above 7 comparable properties is $634,782.

 

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 Truman Lane 9/29/2017 $360,000 0 Ranch 1,040 0.5 2 3-0 -
  Criteria
A 5 Roosevelt Road 11/21/2019 $10 0.0 Colonial 1,888 0.64 3 2-0
B 8 Truman Lane 9/15/2014 $410,000 0.0 Ranch 1,878 0.48 3 2-0
C 471 Sampsons Mill Road 8/8/2014 $257,000 0.0 Ranch 1,905 1.11 3 2-0
D 20 Truman Lane 11/29/2004 $335,000 0.0 Ranch 1,755 0.5 3 2-0
E 524 Sampsons Mill Road 2/25/1980 $0 0.0 Vacant Land 0.81 -
F 19 Roosevelt Road 5/15/2018 $502,500 0.0 Ranch 2,124 0.57 2 2-0
G 105 Constant Lane 4/28/2005 $1 0.1 Ranch 1,108 0.83 2 2-0
H 119 Constant Lane 8/5/1998 $0 0.1 Ranch 1,452 0.83 2 2-0
I 93 Constant Lane 12/23/2019 $390,000 0.1 Cape Cod 2,014 0.59 3 2-1
J 36 Truman Lane 3/29/2017 $0 0.1 Ranch 1,652 0.53 3 2-0
K 12 Roosevelt Road 7/2/2019 $100 0.1 Cape Cod 1,392 0.56 3 2-0
L 46 Thankful Lane 7/15/1997 $143,000 0.1 Raised Ranch 1,288 1.01 4 2-1
M 33 Roosevelt Road 9/26/2019 $1 0.1 Cape Cod 1,983 0.55 3 3-0
N 81 Constant Lane 7/23/2012 $245,500 0.1 Ranch 1,252 0.59 2 2-0
O 32 Thankful Lane 2/25/1980 $0 0.1 Vacant Land 0.85 -
P 542 Sampsons Mill Road 2/25/1980 $0 0.1 Vacant Land 0.59 -
Q 28 Roosevelt Road 11/30/2001 $115,000 0.1 Ranch 1,822 0.48 3 2-1
R 565 Sampsons Mill Road 10/28/2022 $890,000 0.1 Cape Cod 2,248 2.08 3 2-0
S 113 Eisenhower Drive 6/28/2018 $436,000 0.1 Ranch 1,672 0.48 3 2-0
T 51 Truman Lane 9/15/2005 $390,000 0.1 Ranch 1,386 0.53 3 2-0
U 101 Eisenhower Drive 9/24/2009 $371,000 0.1 Cape Cod 1,856 0.52 3 2-0
V 67 Constant Lane 2/25/2016 $1 0.1 Colonial 1,648 0.57 3 2-0
W 49 Roosevelt Road 7/10/2020 $480,000 0.1 Cape Cod 1,498 0.45 3 2-0
X 455 Sampsons Mill Road 11/20/2012 $0 0.1 Ranch 1,270 1.02 3 2-0
Y 7 Penelope Lane 2/11/2000 $60,000 0.1 Cape Cod 3,046 0.55 4 3-0
Z 14 Thankful Lane 7/25/2013 $225,000 0.1 Raised Ranch 1,056 0.55 2 2-0
- 72 Thankful Lane 12/4/2015 $196,248 0.1 Raised Ranch 1,428 0.61 3 2-0
- 89 Eisenhower Drive 12/15/2022 $725,000 0.1 Cape Cod 1,642 0.6 3 2-0
- 558 Sampsons Mill Road 2/25/1980 $0 0.1 Vacant Land 0.61 -
- 145 Eisenhower Drive 5/5/2010 $335,000 0.1 Cape Cod 2,076 0.48 3 2-0
- 40 Roosevelt Road 2/28/2008 $1 0.1 Cape Cod 1,544 0.47 3 2-0
- 10 Penelope Lane 9/27/2017 $387,000 0.1 Cape Cod 1,373 0.46 2 2-0
- 55 Constant Lane 8/15/1994 $88,000 0.1 Cape Cod 1,416 0.57 2 1-0
- 72 Constant Lane 6/7/2006 $337,000 0.1 Raised Ranch 1,504 0.46 3 3-0
- 77 Eisenhower Drive 12/30/2009 $395,000 0.1 Cape Cod 1,748 0.59 3 2-1
- 63 Roosevelt Road 1/29/2010 $100 0.1 Ranch 1,440 0.45 3 2-0
- 118 Eisenhower Drive 9/21/2015 $1 0.1 Cape Cod 2,459 0.58 3 3-0
- 161 Eisenhower Drive 8/2/2017 $304,000 0.1 Ranch 1,056 0.47 2 2-0
Averages 5809 days $210,986 0.09 --- 1,497 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
039-147 7 Truman Lane