314 Bay Lane, Centerville, MA 02632

314 Bay Lane Centerville MA 02632
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Owner Information
Owner 1
Margaret Sherman
Owner 2
Owner's Address
314 Bay Lane Centerville, MA 02632
Market Sale Information
Most recent sale date
2/15/1985
Previous sale date
8/15/1984
Transfer document #
4422-0218
Previous transfer document
4229-0331
Grantor
Alton B Sherman
Previous grantor
Margaret Sherman
Most recent sale price
$1.00
Previous sale price
$0.00
Site Information
Property ID
186-019
Lot Size
0.38
Use Code
101 - Residential, single family
Zoning
RD-1
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
3
Year Built
1968
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2240
Number of Kitchen
Gross Living Area
4860
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
Oil
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$475,000.00
Total value
$944,200.00
Building value
$437,100.00
Estimated tax
$6,095.00
Yard improvement value
$32,100.00
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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 314 Bay Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1968 Rooms 7 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 4860 Heating Fuel Oil Detached Garage Lot Size 0.38 Roof Cover Asph/F Gls/Cmp AEM Value - Building $437,100.00 AEM Value - Land $475,000.00 AEM Value - Other $32,100.00 AEM Value - Total $944,200.00
A) 31 Newport Lane 0.4 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) 200 Sturbridge Drive 0.5 7/17/2024 $1,200,000 2,458 1.75 $488.20 Cape Cod 1983 9 3 2 1 5789 Gas 0.44 Asph/F Gls/Cmp $541,000 $341,400 $55,200 $937,600
C) 117 Spice Lane 0.8 6/7/2024 $1,950,000 2,386 1.75 $817.27 Cape Cod 1962 8 4 3 0 5335 Gas 0.3 Asph/F Gls/Cmp $682,800 $466,900 $69,300 $1,219,000
D) 523 Bumps River Road 0.8 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
E) 179 Robbins Street 1.0 8/16/2024 $1,200,000 2,379 1.8 $504.41 Colonial 1976 6 4 2 1 4353 Oil 0.28 Asph/F Gls/Cmp $421,800 $329,900 $46,500 $798,200
F) 58 Evans Street 1.0 7/30/2024 $1,500,000 2,360 2 $635.59 Cape Cod 2018 7 3 3 0 3792 Gas 0.3 Asph/F Gls/Cmp $837,700 $331,300 $76,400 $1,245,400
G) 38 Evans Street 1.0 8/5/2024 $1,200,000 2,187 1.75 $548.70 Cape Cod 1959 7 4 3 0 4041 Gas 0.59 Asph/F Gls/Cmp $376,800 $361,900 $28,600 $767,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 314 Bay Lane 2/15/1985 $1 0 Colonial 2,240 0.38 3 2-1 -
  Criteria
A 31 Newport Lane 5/15/2024 $950,000 0.4 Cape Cod 1,762 0.24 3 2-0
B 200 Sturbridge Drive 7/17/2024 $1,200,000 0.5 Cape Cod 2,458 0.44 3 2-1
C 117 Spice Lane 6/7/2024 $1,950,000 0.8 Cape Cod 2,386 0.3 4 3-0
D 523 Bumps River Road 8/1/2024 $1,055,000 0.8 Cape Cod 1,759 2.68 2 2-1
E 179 Robbins Street 8/16/2024 $1,200,000 1.0 Colonial 2,379 0.28 4 2-1
F 58 Evans Street 7/30/2024 $1,500,000 1.0 Cape Cod 2,360 0.3 3 3-0
G 38 Evans Street 8/5/2024 $1,200,000 1.0 Cape Cod 2,187 0.59 4 3-0
Averages 119 days $1,293,571 0.79 --- 2,184 0.69 --- ---  

Estimation of Market Value - $1,325,383

As of today, 11/09/2024, the estimated market value of 314 Bay Lane, Centerville considering the above 7 comparable properties is $1,325,383.

 

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
@ 314 Bay Lane 2/15/1985 $1 0 Colonial 2,240 0.38 3 2-1 -
  Criteria
A 294 Bay Lane 7/9/2020 $490,000 0.0 Cape Cod 1,843 0.58 3 2-0
B 309 Bay Lane 5/4/2016 $1,287,000 0.0 Conventional 3,128 1.6 5 4-1
C 282 Bay Lane 6/15/1995 $230,000 0.0 Cape Cod 2,706 0.68 4 2-1
D 356 Bay Lane 10/1/2019 $1,200,000 0.1 Antique 2,968 4.7 3 2-1
E 291 Bay Lane 9/13/2019 $1,570,000 0.1 Colonial 3,055 1.94 4 3-1
F 274 Bay Lane 7/27/2018 $599,000 0.1 Cape Cod 2,737 0.7 3 2-1
G 361 Bay Lane 1/30/2017 $1 0.1 Colonial 3,264 0.97 3 2-1
H 360 Bay Lane 9/4/1968 $0 0.1 Cape Cod 2,064 0.46 2 1-0
I 264 Bay Lane 12/14/2016 $714,000 0.1 Ranch 2,290 1.48 3 2-0
J 277 Bay Lane 6/30/1980 $155,000 0.1 Cape Cod 2,370 1.51 3 3-0
K 390 Bay Lane 6/15/1995 $545,000 0.1 Colonial 4,434 4.37 4 4-0
L 230 Bay Lane 7/22/1999 $100 0.1 Vacant Land 0.65 -
Averages 6994 days $565,842 0.07 --- 2,572 1.64 --- ---  
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
186-019 314 Bay Lane