294 Bay Lane, Centerville, MA 02632

294 Bay Lane Centerville MA 02632
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Owner Information
Owner 1
Robert A Elfer & Bellemare Nathalie C
Owner 2
Owner's Address
234 Lyman Road Milton, MA 02186
Market Sale Information
Most recent sale date
7/9/2020
Previous sale date
1/15/1994
Transfer document #
33056-0285
Previous transfer document
9009-0193
Grantor
Lucia W Henderson
Previous grantor
Walter S Bagley
Most recent sale price
$490,000.00
Previous sale price
$1.00
Site Information
Property ID
186-020
Lot Size
0.58
Use Code
101 - Residential, single family
Zoning
RD-1
Building Style
Cape Cod
Number of Rooms
7
Stories
1.75
Number of Beds
3
Year Built
1946
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1843
Number of Kitchen
Gross Living Area
4958
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 Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$507,500.00
Total value
$927,700.00
Building value
$350,000.00
Estimated tax
$5,962.00
Yard improvement value
$70,200.00
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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 294 Bay Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $265.87 Style Cape Cod Age 1946 Rooms 7 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 4958 Heating Fuel Oil Detached Garage Lot Size 0.58 Roof Cover Asph/F Gls/Cmp AEM Value - Building $350,000.00 AEM Value - Land $507,500.00 AEM Value - Other $70,200.00 AEM Value - Total $927,700.00
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) 34 Liam Lane 0.4 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
C) 65 Deerfield Road 0.5 10/24/2024 $890,000 1,661 1.75 $535.82 Cape Cod 1979 6 3 2 0 3916 Gas 0.25 Asph/F Gls/Cmp $331,200 $327,700 $46,100 $705,000
D) 598 Bumps River Road 0.7 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
E) 126 Lumbert Mill Road 0.7 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
F) 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
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
@ 294 Bay Lane 7/9/2020 $490,000 0 Cape Cod 1,843 0.58 3 2-0 -
  Criteria
A 31 Newport Lane 5/15/2024 $950,000 0.4 Cape Cod 1,762 0.24 3 2-0
B 34 Liam Lane 5/30/2024 $855,000 0.4 Cape Cod 1,655 0.63 3 2-0
C 65 Deerfield Road 10/24/2024 $890,000 0.5 Cape Cod 1,661 0.25 3 2-0
D 598 Bumps River Road 6/28/2024 $651,000 0.7 Ranch 1,406 0.44 2 2-0
E 126 Lumbert Mill Road 7/12/2024 $579,000 0.7 Ranch 1,532 0.35 3 2-0
F 523 Bumps River Road 8/1/2024 $1,055,000 0.8 Cape Cod 1,759 2.68 2 2-1
G 38 Evans Street 8/5/2024 $1,200,000 1.0 Cape Cod 2,187 0.59 4 3-0
Averages 116 days $882,857 0.66 --- 1,709 0.74 --- ---  

Estimation of Market Value - $1,087,516

As of today, 11/09/2024, the estimated market value of 294 Bay Lane, Centerville considering the above 7 comparable properties is $1,087,516.

 

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
@ 294 Bay Lane 7/9/2020 $490,000 0 Cape Cod 1,843 0.58 3 2-0 -
  Criteria
A 282 Bay Lane 6/15/1995 $230,000 0.0 Cape Cod 2,706 0.68 4 2-1
B 314 Bay Lane 2/15/1985 $1 0.0 Colonial 2,240 0.38 3 2-1
C 274 Bay Lane 7/27/2018 $599,000 0.0 Cape Cod 2,737 0.7 3 2-1
D 309 Bay Lane 5/4/2016 $1,287,000 0.1 Conventional 3,128 1.6 5 4-1
E 356 Bay Lane 10/1/2019 $1,200,000 0.1 Antique 2,968 4.7 3 2-1
F 291 Bay Lane 9/13/2019 $1,570,000 0.1 Colonial 3,055 1.94 4 3-1
G 264 Bay Lane 12/14/2016 $714,000 0.1 Ranch 2,290 1.48 3 2-0
H 277 Bay Lane 6/30/1980 $155,000 0.1 Cape Cod 2,370 1.51 3 3-0
I 230 Bay Lane 7/22/1999 $100 0.1 Vacant Land 0.65 -
J 251 Bay Lane 3/9/2018 $925,000 0.1 Cape Cod 2,273 1.59 2 2-1
K 360 Bay Lane 9/4/1968 $0 0.1 Cape Cod 2,064 0.46 2 1-0
L 361 Bay Lane 1/30/2017 $1 0.1 Colonial 3,264 0.97 3 2-1
M 214 Bay Lane 5/11/1965 $0 0.1 Vacant Land 0.7 -
N 390 Bay Lane 6/15/1995 $545,000 0.1 Colonial 4,434 4.37 4 4-0
O 233 Bay Lane 3/22/2017 $1 0.1 Ranch 1,426 0.45 2 2-0
P 186 Bay Lane 4/5/2019 $1,015,000 0.1 Cape Cod 2,257 1.15 3 2-0
Averages 7866 days $515,006 0.08 --- 2,326 1.46 --- ---  
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
186-020 294 Bay Lane