597 Bay Lane, Centerville, MA 02632

Owner Information
Owner 1
Gregory W Nowak & Kathleen S
Owner 2
Owner's Address
152 Evans Street Osterville, MA 02655
Market Sale Information
Most recent sale date
3/1/2019
Previous sale date
8/25/2010
Transfer document #
31866-0241
Previous transfer document
24778-0055
Grantor
Benjamin W Ayres
Previous grantor
Emerson F Markham
Most recent sale price
$715,000.00
Previous sale price
$620,000.00
Site Information
Property ID
187-049
Lot Size
0.66
Use Code
101 - Residential, single family
Zoning
RD-1
Building Style
Colonial
Number of Rooms
6
Stories
2
Number of Beds
3
Year Built
1984
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2471
Number of Kitchen
Gross Living Area
4640
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
Wood Shingle
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$285,800.00
Total value
$989,700.00
Building value
$605,500.00
Estimated tax
$6,459.00
Yard improvement value
$98,400.00
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 597 Bay Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $289.36 Style Colonial Age 1984 Rooms 6 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 4640 Heating Fuel Gas Detached Garage Lot Size 0.66 Roof Cover Wood Shingle AEM Value - Building $605,500.00 AEM Value - Land $285,800.00 AEM Value - Other $98,400.00 AEM Value - Total $989,700.00
A) 195 Fuller Road 0.6 9/3/2024 $730,000 2,104 2 $346.96 Colonial 1974 7 3 2 0 3586 Gas 0.72 Asph/F Gls/Cmp $359,400 $196,500 $41,400 $597,300
B) 200 Sturbridge Drive 0.9 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) 101 Lietrim Circle 0.9 6/17/2024 $645,000 2,066 1.5 $312.20 Cape Cod 1971 9 4 2 0 3482 Gas 0.36 Asph/F Gls/Cmp $379,600 $152,600 $34,800 $567,000
D) 60 Deerfield Road 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 597 Bay Lane 3/1/2019 $715,000 0 Colonial 2,471 0.66 3 2-1 -
  Criteria
A 195 Fuller Road 9/3/2024 $730,000 0.6 Colonial 2,104 0.72 3 2-0
B 200 Sturbridge Drive 7/17/2024 $1,200,000 0.9 Cape Cod 2,458 0.44 3 2-1
C 101 Lietrim Circle 6/17/2024 $645,000 0.9 Cape Cod 2,066 0.36 4 2-0
D 60 Deerfield Road 6/6/2024 $1,375,000 1.0 Modern/Contemp 3,080 0.61 4 3-0
Averages 137 days $987,500 0.85 --- 2,427 0.53 --- ---  

Estimation of Market Value - $1,131,148

As of today, 11/25/2024, the estimated market value of 597 Bay Lane, Centerville considering the above 4 comparable properties is $1,131,148.

 

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
@ 597 Bay Lane 3/1/2019 $715,000 0 Colonial 2,471 0.66 3 2-1 -
  Criteria
A 585 Bay Lane 10/15/1996 $1 0.0 Cape Cod 2,127 0.66 5 4-1
B 609 Bay Lane 4/3/2015 $442,500 0.0 Colonial 2,240 1.53 4 2-1
C 565 Bay Lane 9/14/2018 $100 0.1 Cape Cod 1,907 1.47 3 2-1
D 570 Bay Lane 8/30/2010 $412,500 0.1 Ranch 1,852 0.61 3 2-0
E 44 Hill Creek Road 6/15/1987 $1 0.1 Vacant Land 0.35 -
F 625 Bay Lane $0 0.1 Vacant Land 7.5 -
G 582 Bay Lane 7/31/2007 $1 0.1 Cape Cod 3,261 1.04 4 3-1
H 549 Bay Lane 7/28/1978 $0 0.1 Colonial 2,710 0.75 4 3-0
I 16 Cove Island Road 12/19/2017 $0 0.1 Modern/Contemp 2,944 1 3 2-1
J 546 Bay Lane 9/6/2017 $100 0.1 Colonial 2,571 0.59 3 2-1
K 16 Hill Creek Road 9/6/2011 $599,000 0.1 Colonial 3,446 1.31 5 3-1
L 43 Hill Creek Road 6/15/1987 $1 0.1 Vacant Land 0.55 -
M 35 Hill Creek Road 8/20/2018 $625,000 0.1 Colonial 2,336 0.55 3 3-0
N 94 Overlook Drive 12/22/2017 $1 0.1 Ranch 2,287 0.55 3 2-0
O 658 Bay Lane 1/1/1950 $0 0.1 Schools-Public 50,212 13.5 0 0-
P 24 Cove Island Road 9/15/1991 $200,000 0.1 Colonial 2,376 0.84 4 2-1
Averages 8411 days $142,450 0.08 --- 5,017 2.05 --- ---  
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
187-049 597 Bay Lane