501 Cotuit Bay Drive, Cotuit, MA 02635

501 Cotuit Bay Drive Cotuit MA 02635
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Owner Information
Owner 1
Marlene Schaefer
Owner 2
Owner's Address
501 Cotuit Bay Dr Cotuit, MA 02635
Market Sale Information
Most recent sale date
10/3/1996
Previous sale date
10/3/1996
Transfer document #
C142237-
Previous transfer document
C142236-0
Grantor
Marlene Schaefer
Previous grantor
Richard W Schaefer
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
055-052
Lot Size
1.06
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Cape Cod
Number of Rooms
6
Stories
1.75
Number of Beds
3
Year Built
1984
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2395
Number of Kitchen
Gross Living Area
5512
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
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
$301,300.00
Total value
$870,800.00
Building value
$505,900.00
Estimated tax
$5,568.00
Yard improvement value
$63,600.00
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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 501 Cotuit Bay Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1984 Rooms 6 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 5512 Heating Fuel Gas Detached Garage Lot Size 1.06 Roof Cover Asph/F Gls/Cmp AEM Value - Building $505,900.00 AEM Value - Land $301,300.00 AEM Value - Other $63,600.00 AEM Value - Total $870,800.00
A) 1351 Old Post Road 0.7 10/24/2024 $990,000 1,919 1.15 $515.89 Cape Cod 1982 7 3 2 1 5818 Oil 0.49 Asph/F Gls/Cmp $462,900 $156,800 $54,800 $674,500
B) 88 Peach Tree Road 0.7 11/7/2024 $635,000 1,907 1.66 $332.98 Cape Cod 1981 6 3 2 1 5075 Oil 0.46 Asph/F Gls/Cmp $392,600 $179,200 $72,100 $643,900
C) 794 Putnam Avenue 0.7 10/10/2024 $646,800 1,963 1.75 $329.50 Cape Cod 1976 6 3 4 0 3738 Gas 0.46 Asph/F Gls/Cmp $401,100 $155,900 $38,900 $595,900
D) 54 Roosevelt Road 0.7 7/15/2024 $834,900 1,903 1.66 $438.73 Cape Cod 1996 5 3 2 1 5498 Gas 0.53 Asph/F Gls/Cmp $477,000 $183,600 $59,600 $720,200
E) 68 Tupelo Road 0.7 10/24/2024 $1,029,000 2,051 1.75 $501.71 Cape Cod 1992 8 3 2 1 4768 Gas 1 Asph/F Gls/Cmp $495,900 $202,800 $73,600 $772,300
F) 74 Grand Island Drive 0.9 5/13/2024 $3,225,000 2,670 1.75 $1207.87 Cape Cod 1938 8 6 2 1 4906 Propane 0.6 Wood Shingle $542,800 $1,603,800 $165,200 $2,311,800
G) 78 Dory Circle 0.9 6/25/2024 $855,000 2,012 1.75 $424.95 Cape Cod 1991 7 3 2 1 4976 Gas 0.79 Asph/F Gls/Cmp $500,000 $242,100 $54,500 $796,600
H) 295 Seapuit Road 0.9 9/30/2024 $6,750,000 2,914 1 $2316.40 Modern/Contemp 1984 8 3 3 1 6071 Oil 1.15 Asph/F Gls/Cmp $615,900 $4,792,300 $249,300 $5,657,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 501 Cotuit Bay Drive 10/3/1996 $1 0 Cape Cod 2,395 1.06 3 2-1 -
  Criteria
A 1351 Old Post Road 10/24/2024 $990,000 0.7 Cape Cod 1,919 0.49 3 2-1
B 88 Peach Tree Road 11/7/2024 $635,000 0.7 Cape Cod 1,907 0.46 3 2-1
C 794 Putnam Avenue 10/10/2024 $646,800 0.7 Cape Cod 1,963 0.46 3 4-0
D 54 Roosevelt Road 7/15/2024 $834,900 0.7 Cape Cod 1,903 0.53 3 2-1
E 68 Tupelo Road 10/24/2024 $1,029,000 0.7 Cape Cod 2,051 1 3 2-1
F 74 Grand Island Drive 5/13/2024 $3,225,000 0.9 Cape Cod 2,670 0.6 6 2-1
G 78 Dory Circle 6/25/2024 $855,000 0.9 Cape Cod 2,012 0.79 3 2-1
H 295 Seapuit Road 9/30/2024 $6,750,000 0.9 Modern/Contemp 2,914 1.15 3 3-1
Averages 68 days $1,870,713 0.80 --- 2,167 0.69 --- ---  

Estimation of Market Value - $1,568,892

As of today, 11/09/2024, the estimated market value of 501 Cotuit Bay Drive, Cotuit considering the above 8 comparable properties is $1,568,892.

 

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
@ 501 Cotuit Bay Drive 10/3/1996 $1 0 Cape Cod 2,395 1.06 3 2-1 -
  Criteria
A 46 Forsyth Court 6/4/2024 $1,960,000 0.0 Cape Cod 3,790 1.04 5 4-1
B 525 Cotuit Bay Drive 1/22/2004 $579,000 0.0 Cape Cod 1,836 1.13 3 2-0
C 481 Cotuit Bay Drive 4/3/1997 $294,000 0.0 Cape Cod 2,528 1.02 4 3-2
D 508 Cotuit Bay Drive 10/31/2023 $1,300,000 0.0 Ranch 2,601 0.67 3 3-0
E 490 Cotuit Bay Drive 11/16/2020 $850,000 0.0 Ranch 2,136 0.67 3 2-0
F 59 Forsyth Court 3/11/2015 $100 0.1 Cape Cod 2,101 0.81 3 2-1
G 36 Forsyth Court 6/27/2019 $869,000 0.1 Colonial 3,004 1.02 4 2-1
H 468 Cotuit Bay Drive 3/9/1979 $0 0.1 Cape Cod 2,360 0.7 4 3-1
I 520 Cotuit Bay Drive 5/25/2017 $475,000 0.1 Ranch 2,044 0.71 3 3-0
J 528 Cotuit Bay Drive 4/8/2008 $1 0.1 Ranch 2,648 0.8 3 2-1
K 465 Cotuit Bay Drive 8/2/2024 $1,300,000 0.1 Cape Cod 4,479 1.07 4 4-0
L 557 Cotuit Bay Drive 11/7/2024 $1,275,000 0.1 Cape Cod 3,120 1.01 3 2-1
M 33 Amanda Court 11/25/2013 $1 0.1 Cape Cod 2,902 0.81 5 3-1
N 55 Forsyth Court 5/28/2002 $545,000 0.1 Cape Cod 3,014 1 3 3-1
O 24 Forsyth Court 11/26/2002 $565,000 0.1 Cape Cod 3,305 1.13 4 2-1
P 940 Old Post Road 5/6/2005 $689,500 0.1 Cape Cod 2,732 1 4 2-1
Q 448 Cotuit Bay Drive 1/12/2020 $0 0.1 Ranch 3,116 0.56 4 3-0
R 522 Cotuit Bay Drive 12/4/2020 $649,900 0.1 Modern/Contemp 1,778 0.82 2 3-1
S 548 Cotuit Bay Drive 12/17/2019 $1 0.1 Cape Cod 2,965 0.71 4 3-0
T 451 Cotuit Bay Drive 3/19/2009 $1 0.1 Ranch 2,884 1.03 3 3-0
U 45 Forsyth Court 12/1/2017 $550,000 0.1 Cape Cod 2,444 1 4 3-0
V 29 Amanda Court 11/23/2016 $1 0.1 Ranch 2,183 0.9 3 2-1
W 534 Cotuit Bay Drive 5/1/2013 $668,000 0.1 Antique 3,030 0.9 4 3-1
X 21 Amanda Court 3/21/2016 $10 0.1 Colonial 1,892 0.57 3 2-1
Y 35 Forsyth Court 7/11/2003 $475,000 0.1 Ranch 3,450 1 3 4-0
Z 564 Cotuit Bay Drive 11/9/2011 $0 0.1 Vacant Land 0.68 -
- 12 Forsyth Court 9/29/2000 $389,000 0.1 Cape Cod 2,092 1.06 3 2-1
- 44 Eaton Court 2/24/2014 $430,000 0.1 Cape Cod 2,465 1.25 4 2-1
- 38 Eaton Court 1/28/2014 $1 0.1 Cape Cod 2,388 1.17 3 2-1
Averages 4510 days $478,052 0.09 --- 2,596 0.9 --- ---  
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
055-052 501 Cotuit Bay Drive