8 Tea Lane, Osterville, MA 02655

8 Tea Lane Osterville MA 02655
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Owner Information
Owner 1
Mark A McKie & Katherine A
Owner 2
Owner's Address
100 Russell St Charlestown, MA 02129
Market Sale Information
Most recent sale date
7/13/2006
Previous sale date
5/20/2004
Transfer document #
21179-0297
Previous transfer document
18613-0113
Grantor
George W Jones
Previous grantor
Edward R Dennen
Most recent sale price
$1,340,000.00
Previous sale price
$1,150,000.00
Site Information
Property ID
142-157
Lot Size
0.69
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Cape Cod
Number of Rooms
9
Stories
1.2
Number of Beds
4
Year Built
1971
Number of full baths
4
Condition
Number of half baths
1
Finished Area
3407
Number of Kitchen
Gross Living Area
9752
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
$525,400.00
Total value
$1,507,600.00
Building value
$877,000.00
Estimated tax
$10,607.00
Yard improvement value
$105,200.00
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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 8 Tea Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $393.31 Style Cape Cod Age 1971 Rooms 9 Bedrooms 4 Full baths 4 Half baths 1 Gross Living Area 9752 Heating Fuel Gas Detached Garage Lot Size 0.69 Roof Cover Asph/F Gls/Cmp AEM Value - Building $877,000.00 AEM Value - Land $525,400.00 AEM Value - Other $105,200.00 AEM Value - Total $1,507,600.00
A) 60 Deerfield Road 0.2 6/6/2024 $1,375,000 3,080 1 $446.43 Modern/Contemp 1981 9 4 3 0 8106 Gas 0.61 Asph/F Gls/Cmp $570,800 $364,800 $72,800 $1,008,400
B) 290 Starboard Lane 0.6 6/11/2024 $3,050,000 3,576 2 $852.91 Colonial 1997 10 5 3 0 9046 Gas 1.61 Asph/F Gls/Cmp $792,600 $1,165,600 $127,300 $2,085,500
C) 35 Waterfield Road 0.7 6/27/2024 $1,300,000 2,631 1.75 $494.11 Cape Cod 1980 9 3 3 0 6616 Gas 0.41 Asph/F Gls/Cmp $668,700 $215,900 $106,000 $990,600
D) 442 Bay Lane 1.0 8/8/2024 $1,600,000 3,957 2 $404.35 Colonial 1995 10 4 4 1 8061 Gas 0.67 Asph/F Gls/Cmp $1,055,900 $370,800 $170,000 $1,596,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Tea Lane 7/13/2006 $1,340,000 0 Cape Cod 3,407 0.69 4 4-1 -
  Criteria
A 60 Deerfield Road 6/6/2024 $1,375,000 0.2 Modern/Contemp 3,080 0.61 4 3-0
B 290 Starboard Lane 6/11/2024 $3,050,000 0.6 Colonial 3,576 1.61 5 3-0
C 35 Waterfield Road 6/27/2024 $1,300,000 0.7 Cape Cod 2,631 0.41 3 3-0
D 442 Bay Lane 8/8/2024 $1,600,000 1.0 Colonial 3,957 0.67 4 4-1
Averages 100 days $1,831,250 0.61 --- 3,311 0.83 --- ---  

Estimation of Market Value - $1,914,078

As of today, 10/05/2024, the estimated market value of 8 Tea Lane, Osterville considering the above 4 comparable properties is $1,914,078.

 

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
@ 8 Tea Lane 7/13/2006 $1,340,000 0 Cape Cod 3,407 0.69 4 4-1 -
  Criteria
A 107 Parsley Lane 1/4/2008 $635,000 0.0 Ranch 2,186 0.4 3 2-1
B 19 Nutmeg Lane 9/25/2015 $459,500 0.0 Ranch 1,852 0.85 2 2-0
C 28 Tea Lane 11/7/2016 $10 0.0 Cape Cod 3,028 1.35 3 2-1
D 117 Parsley Lane 11/16/2018 $685,000 0.0 Cape Cod 1,872 0.36 3 2-0
E 11 Tea Lane 9/3/1999 $377,500 0.0 Ranch 1,965 0.79 3 2-0
F 7 Curry Lane 5/9/2017 $620,000 0.1 Cape Cod 1,576 0.37 3 2-1
G 6 Ginger Lane 7/29/2014 $100 0.1 Cape Cod 2,784 0.32 5 4-0
H 25 Nutmeg Lane 6/16/2023 $950,000 0.1 Ranch 1,776 1.36 3 2-0
I 129 Parsley Lane 10/2/2020 $885,000 0.1 Colonial 2,324 0.34 4 3-0
J 18 Ginger Lane 7/23/1992 $159,000 0.1 Cape Cod 1,776 0.34 4 2-0
K 117 Spice Lane 6/7/2024 $1,950,000 0.1 Cape Cod 2,386 0.3 4 3-0
L 21 Tea Lane 3/27/2009 $0 0.1 Cape Cod 1,781 1.86 3 2-0
M 30 Ginger Lane 5/22/2020 $1 0.1 Cape Cod 1,603 0.34 2 2-0
N 29 Curry Lane 1/10/2012 $575,000 0.1 Ranch 2,022 0.46 4 3-0
O 107 Spice Lane 10/31/2023 $1,040,000 0.1 Conventional 2,268 0.36 3 2-1
P 8 Nutmeg Lane 2/20/1980 $0 0.1 Ranch 1,992 0.91 3 2-1
Q 141 Parsley Lane 4/27/2023 $860,000 0.1 Ranch 1,868 0.35 2 2-0
R 7 Ginger Lane 8/15/1995 $210,000 0.1 Cape Cod 1,768 0.26 3 2-0
S 57 Curry Lane 4/18/2019 $500,000 0.1 Ranch 2,108 0.36 3 3-1
T 16 Curry Lane 5/21/2002 $1 0.1 Cape Cod 1,176 0.83 2 1-0
U 27 Fortes Way 2/13/2009 $1 0.1 Cape Cod 1,379 0.69 3 2-0
V 19 Ginger Lane 9/7/2012 $1 0.1 Cape Cod 1,616 0.27 3 2-0
W 41 Fortes Way 2/23/1993 $121,000 0.1 Cape Cod 1,791 0.55 2 2-0
X 49 Fortes Way 11/3/1980 $0 0.1 Vacant Land 0.54 -
Y 24 Nutmeg Lane 12/17/1998 $392,000 0.1 Colonial 3,061 1.43 4 2-1
Z 42 Ginger Lane 5/24/2000 $249,000 0.1 Ranch 1,178 0.31 2 1-1
- 61 Fortes Way 5/27/1980 $0 0.1 Ranch 1,144 0.91 3 2-0
- 31 Ginger Lane 10/30/2017 $1 0.1 Cape Cod 2,298 0.27 3 3-0
- 44 Curry Lane 9/13/2013 $755,000 0.1 Cape Cod 2,872 1.4 3 2-1
- 6 Thyme Lane 5/26/2000 $1 0.1 Cape Cod 3,352 0.33 4 3-1
- 31 Fortes Way 12/18/2020 $350,000 0.1 Cape Cod 768 0.43 2 1-0
- 23 Fortes Way 11/22/2006 $1 0.1 Cape Cod 3,334 0.82 3 3-1
- 89 Spice Lane 9/30/2016 $510,000 0.1 Ranch 1,054 0.31 3 2-0
- 41 Ginger Lane 6/15/1995 $1 0.1 Ranch 1,982 0.28 3 3-0
- 75 Fortes Way 12/17/1996 $2,000 0.1 Vacant Land 0.82 -
- 18 Thyme Lane 11/29/2016 $10 0.1 Cape Cod 1,591 0.33 3 2-1
- 64 Curry Lane 3/17/2017 $740,000 0.1 Cape Cod 2,443 0.44 3 3-0
- 18 Fairwinds Drive 9/22/2006 $1,200,000 0.1 Cape Cod 3,366 1.09 4 3-1
- 88 Cinnamon Lane 5/29/2008 $597,500 0.1 Cape Cod 1,873 0.42 3 2-1
- 302 Old Mill Road 7/31/1989 $1 0.1 Ranch 1,456 1.17 3 1-0
- 76 Cinnamon Lane 9/30/2009 $565,000 0.1 Cape Cod 2,135 0.34 3 2-1
- 54 Curry Lane 11/18/2015 $673,000 0.1 Cape Cod 2,017 0.69 3 3-0
- 135 Stone Horse Road 6/6/2006 $519,000 0.1 Cape Cod 1,646 0.37 3 2-0
Averages 6039 days $385,573 0.09 --- 1,918 0.62 --- ---  
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
142-157 8 Tea Lane