394 Old Mill Road, Osterville, MA 02655

394 Old Mill Road Osterville MA 02655
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Owner Information
Owner 1
Stephen M Spence & Lori Ann
Owner 2
Owner's Address
5414 Amberwood Lane Rockville, MD 20853
Market Sale Information
Most recent sale date
12/2/2011
Previous sale date
8/11/2003
Transfer document #
25886-0229
Previous transfer document
17437-0325
Grantor
Stephen M Spence
Previous grantor
Stephen M Spence
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
143-021-002
Lot Size
1
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Cape Cod
Number of Rooms
8
Stories
1.75
Number of Beds
4
Year Built
1998
Number of full baths
3
Condition
Number of half baths
0
Finished Area
1498
Number of Kitchen
Gross Living Area
2868
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
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$246,900.00
Total value
$612,200.00
Building value
$335,100.00
Estimated tax
$3,435.00
Yard improvement value
$30,200.00
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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 394 Old Mill Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1998 Rooms 8 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 2868 Heating Fuel Gas Detached Garage Lot Size 1 Roof Cover Asph/F Gls/Cmp AEM Value - Building $335,100.00 AEM Value - Land $246,900.00 AEM Value - Other $30,200.00 AEM Value - Total $612,200.00
A) 31 Newport Lane 0.3 5/15/2024 $950,000 1,762 1.75 $539.16 Cape Cod 1975 8 3 2 0 4159 Gas 0.24 Wood Shingle $377,200 $325,200 $50,600 $753,000
B) 523 Bumps River Road 0.4 8/1/2024 $1,055,000 1,759 1.5 $599.77 Cape Cod 1979 6 2 2 1 3287 Oil 2.68 Asph/F Gls/Cmp $381,400 $303,800 $50,400 $735,600
C) 598 Bumps River Road 0.4 6/28/2024 $651,000 1,406 1 $463.02 Ranch 1971 7 2 2 0 3448 Gas 0.44 Asph/F Gls/Cmp $301,200 $155,200 $51,900 $508,300
D) 34 Liam Lane 0.8 5/30/2024 $855,000 1,655 1.75 $516.62 Cape Cod 1982 7 3 2 0 3494 Gas 0.63 Asph/F Gls/Cmp $393,300 $191,700 $55,000 $640,000
E) 49 Milne Road 0.8 5/31/2024 $1,009,125 1,422 1 $709.65 Ranch 1954 6 2 2 0 3660 Oil 0.5 Asph/F Gls/Cmp $345,400 $220,000 $49,700 $615,100
F) 126 Lumbert Mill Road 0.9 7/12/2024 $579,000 1,532 1 $377.94 Ranch 1977 6 3 2 0 3096 Gas 0.35 Asph/F Gls/Cmp $368,600 $175,100 $35,400 $579,100
G) 104 King Arthur Drive 1.0 5/15/2024 $735,000 1,852 1.75 $396.87 Cape Cod 1979 7 3 2 0 4748 Gas 0.35 Asph/F Gls/Cmp $393,100 $175,100 $45,300 $613,500
H) 141 Wianno Avenue 1.0 8/29/2024 $1,700,000 1,828 1 $929.98 Ranch 1999 7 3 2 0 5006 Gas 0.3 Asph/F Gls/Cmp $425,200 $979,000 $90,600 $1,494,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 394 Old Mill Road 12/2/2011 $1 0 Cape Cod 1,498 1 4 3-0 -
  Criteria
A 31 Newport Lane 5/15/2024 $950,000 0.3 Cape Cod 1,762 0.24 3 2-0
B 523 Bumps River Road 8/1/2024 $1,055,000 0.4 Cape Cod 1,759 2.68 2 2-1
C 598 Bumps River Road 6/28/2024 $651,000 0.4 Ranch 1,406 0.44 2 2-0
D 34 Liam Lane 5/30/2024 $855,000 0.8 Cape Cod 1,655 0.63 3 2-0
E 49 Milne Road 5/31/2024 $1,009,125 0.8 Ranch 1,422 0.5 2 2-0
F 126 Lumbert Mill Road 7/12/2024 $579,000 0.9 Ranch 1,532 0.35 3 2-0
G 104 King Arthur Drive 5/15/2024 $735,000 1.0 Cape Cod 1,852 0.35 3 2-0
H 141 Wianno Avenue 8/29/2024 $1,700,000 1.0 Ranch 1,828 0.3 3 2-0
Averages 86 days $941,766 0.68 --- 1,652 0.69 --- ---  

Estimation of Market Value - $815,275

As of today, 09/17/2024, the estimated market value of 394 Old Mill Road, Osterville considering the above 8 comparable properties is $815,275.

 

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
@ 394 Old Mill Road 12/2/2011 $1 0 Cape Cod 1,498 1 4 3-0 -
  Criteria
A 404 Old Mill Road 9/23/2004 $550,000 0.0 Cape Cod 2,377 1.11 4 4-0
B 366 Old Mill Road 3/2/1998 $1 0.0 Conventional 1,408 1.01 3 1-0
C 414 Old Mill Road 10/23/1998 $159,000 0.0 Cape Cod 1,254 1 2 2-0
D 401 Old Mill Road 10/15/1988 $90,000 0.1 Ranch 1,040 0.83 3 2-0
E 383 Old Mill Road 6/17/2014 $1 0.1 Colonial 2,142 0.61 4 2-2
F 48 Fortes Way 5/25/2017 $100 0.1 Raised Ranch 1,248 0.67 3 3-0
G 34 Fortes Way 7/6/2011 $10 0.1 Ranch 1,144 0.66 3 1-1
H 62 Fortes Way 11/14/2007 $0 0.1 Ranch 960 0.91 3 2-0
I 406 Old Mill Road 3/2/1998 $35,000 0.1 Cape Cod 1,843 1.11 2 2-0
J 14 Fortes Way 11/15/1982 $10,000 0.1 Cape Cod 1,727 0.51 4 3-0
K 30 Oakville Avenue 10/15/1984 $0 0.1 Vacant Land 2.06 -
L 434 Old Mill Road 7/11/1969 $0 0.1 Ranch 1,381 0.73 4 2-1
M 76 Fortes Way 5/27/1980 $0 0.1 Vacant Land 0.88 -
N 437 Old Mill Road 8/31/1994 $1 0.1 Cape Cod 1,582 0.63 4 1-0
O 420 Old Mill Road 10/13/2016 $430,000 0.1 Cape Cod 1,184 1.2 3 1-0
P 37 Oakville Avenue 3/10/2015 $10 0.1 Camp 476 0.75 2 1-0
Q 424 Old Mill Road 10/30/2002 $100 0.1 Cape Cod 2,140 1.13 4 3-0
R 31 Fortes Way 12/18/2020 $350,000 0.1 Cape Cod 768 0.43 2 1-0
S 336 Old Mill Road 4/14/2023 $995,000 0.1 Cape Cod 2,434 1.05 4 2-1
T 450 Old Mill Road 11/19/2020 $1 0.1 Ranch 1,599 0.52 2 2-0
U 435 Old Mill Road 10/23/2020 $427,400 0.1 Ranch 960 0.75 3 1-0
V 49 Fortes Way 11/3/1980 $0 0.1 Vacant Land 0.54 -
W 41 Fortes Way 2/23/1993 $121,000 0.1 Cape Cod 1,791 0.55 2 2-0
X 428 Old Mill Road 12/23/2019 $1 0.1 Cape Cod 1,224 1.16 4 2-0
Y 61 Fortes Way 5/27/1980 $0 0.1 Ranch 1,144 0.91 3 2-0
Z 441 Old Mill Road 10/29/2007 $1 0.1 Raised Ranch 1,144 1.44 2 2-0
- 82 Fortes Way 7/13/2018 $1 0.1 Raised Ranch 1,075 1.01 3 2-0
Averages 8031 days $117,320 0.08 --- 1,261 0.89 --- ---  
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
143-021-002 394 Old Mill Road