373 Bay Lane, Centerville, MA 02632

Owner Information
Owner 1
David A Grossman & Robin F
Owner 2
Owner's Address
P O Box 406 Centerville, MA 02632
Market Sale Information
Most recent sale date
3/30/2018
Previous sale date
9/13/1991
Transfer document #
C215771-
Previous transfer document
C124345-0
Grantor
Peter P Favat
Previous grantor
Nature Conservancy
Most recent sale price
$616,500.00
Previous sale price
$155,000.00
Site Information
Property ID
187-002
Lot Size
1.35
Use Code
101 - Residential, single family
Zoning
RD-1
Building Style
Ranch
Number of Rooms
6
Stories
1.25
Number of Beds
2
Year Built
1968
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1352
Number of Kitchen
Gross Living Area
2592
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
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$976,800.00
Total value
$1,409,300.00
Building value
$360,900.00
Estimated tax
$9,820.00
Yard improvement value
$71,600.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 373 Bay Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $455.99 Style Ranch Age 1968 Rooms 6 Bedrooms 2 Full baths 1 Half baths 1 Gross Living Area 2592 Heating Fuel Gas Detached Garage Lot Size 1.35 Roof Cover Asph/F Gls/Cmp AEM Value - Building $360,900.00 AEM Value - Land $976,800.00 AEM Value - Other $71,600.00 AEM Value - Total $1,409,300.00
A) 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
B) 10 Liam Lane 0.5 8/2/2024 $640,000 1,056 1 $606.06 Ranch 1982 5 3 1 1 2540 Gas 0.46 Asph/F Gls/Cmp $269,600 $179,200 $40,600 $489,400
C) 67 Autumn Drive 0.6 8/6/2024 $635,000 1,040 1 $610.58 Raised Ranch 1974 7 2 3 0 2744 Gas 0.37 Asph/F Gls/Cmp $270,400 $259,900 $53,700 $584,000
D) 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
E) 157 Lumbert Mill Road 0.8 9/13/2024 $655,000 1,038 1 $631.02 Ranch 1963 6 3 1 0 2639 Gas 0.34 Asph/F Gls/Cmp $226,600 $174,700 $43,800 $445,100
F) 34 Short Beach Road 0.8 8/23/2024 $825,000 1,098 1 $751.37 Ranch 1948 4 2 1 0 1242 Gas 0.27 Asph/F Gls/Cmp $198,300 $972,600 $6,800 $1,177,700
G) 130 Fuller Road 0.8 5/20/2024 $317,000 1,208 1 $262.42 Ranch 1971 6 3 1 1 3064 Gas 0.22 Asph/F Gls/Cmp $266,300 $167,300 $49,900 $483,500
H) 16 Short Beach Road 0.8 7/26/2024 $875,000 1,140 1 $767.54 Ranch 1957 5 3 2 0 1140 Gas 0.15 Asph/F Gls/Cmp $214,400 $754,200 $4,600 $973,200
I) 598 Bumps River Road 0.8 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
J) 8 Waterside Drive 1.0 5/2/2024 $685,000 1,642 2 $417.17 Modern/Contemp 1983 8 4 2 0 3578 Gas 0.47 Asph/F Gls/Cmp $366,200 $265,500 $69,700 $701,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 373 Bay Lane 3/30/2018 $616,500 0 Ranch 1,352 1.35 2 1-1 -
  Criteria
A 34 Liam Lane 5/30/2024 $855,000 0.4 Cape Cod 1,655 0.63 3 2-0
B 10 Liam Lane 8/2/2024 $640,000 0.5 Ranch 1,056 0.46 3 1-1
C 67 Autumn Drive 8/6/2024 $635,000 0.6 Raised Ranch 1,040 0.37 2 3-0
D 126 Lumbert Mill Road 7/12/2024 $579,000 0.7 Ranch 1,532 0.35 3 2-0
E 157 Lumbert Mill Road 9/13/2024 $655,000 0.8 Ranch 1,038 0.34 3 1-0
F 34 Short Beach Road 8/23/2024 $825,000 0.8 Ranch 1,098 0.27 2 1-0
G 130 Fuller Road 5/20/2024 $317,000 0.8 Ranch 1,208 0.22 3 1-1
H 16 Short Beach Road 7/26/2024 $875,000 0.8 Ranch 1,140 0.15 3 2-0
I 598 Bumps River Road 6/28/2024 $651,000 0.8 Ranch 1,406 0.44 2 2-0
J 8 Waterside Drive 5/2/2024 $685,000 1.0 Modern/Contemp 1,642 0.47 4 2-0
Averages 71 days $671,700 0.71 --- 1,282 0.37 --- ---  

Estimation of Market Value - $1,073,462

As of today, 09/19/2024, the estimated market value of 373 Bay Lane, Centerville considering the above 10 comparable properties is $1,073,462.

 

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
  • 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
@ 373 Bay Lane 3/30/2018 $616,500 0 Ranch 1,352 1.35 2 1-1 -
  Criteria
A 360 Bay Lane 9/4/1968 $0 0.1 Cape Cod 2,064 0.46 2 1-0
B 0 Bay Lane 11/25/2002 $0 0.1 Vacant Land 2.2 -
C 0 Bay Lane 1/4/2001 $0 0.1 Vacant Land 2.77 -
D 361 Bay Lane 1/30/2017 $1 0.1 Colonial 3,264 0.97 3 2-1
E 459 Bay Lane 2/25/2011 $595,000 0.1 Cape Cod 2,952 0.44 3 3-1
F 461 Bay Lane 7/29/2016 $690,000 0.1 Cape Cod 2,901 0.32 4 3-1
G 465 Bay Lane 7/5/2018 $100 0.1 Cape Cod 2,822 0.37 3 2-1
H 390 Bay Lane 6/15/1995 $545,000 0.1 Colonial 4,434 4.37 4 4-0
I 467 Bay Lane 12/27/2017 $764,000 0.1 Cape Cod 2,967 0.42 4 2-1
J 447 Bay Lane 1/5/2015 $100 0.1 Cape Cod 3,243 0.37 4 2-1
K 473 Bay Lane 2/17/1999 $430,000 0.1 Cape Cod 2,724 0.34 3 2-1
L 356 Bay Lane 10/1/2019 $1,200,000 0.1 Antique 2,968 4.7 3 2-1
Averages 6495 days $352,017 0.09 --- 2,528 1.48 --- ---  
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
187-002 373 Bay Lane