529 Bay Lane, Centerville, MA 02632

Owner Information
Owner 1
Paul J Karr & Nancy
Owner 2
Owner's Address
529 Bay Lane Centerville, MA 02632
Market Sale Information
Most recent sale date
12/30/1982
Previous sale date
1/2/1981
Transfer document #
3642-0019
Previous transfer document
3218-0308
Grantor
Robert J Morse
Previous grantor
Most recent sale price
$125,000.00
Previous sale price
$31,000.00
Site Information
Property ID
187-055
Lot Size
0.62
Use Code
101 - Residential, single family
Zoning
RD-1
Building Style
Bungalow
Number of Rooms
8
Stories
2
Number of Beds
3
Year Built
1981
Number of full baths
2
Condition
Number of half baths
1
Finished Area
4120
Number of Kitchen
Gross Living Area
8116
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 Air
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$1,080,700.00
Total value
$1,839,200.00
Building value
$659,700.00
Estimated tax
$13,263.00
Yard improvement value
$98,800.00
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 529 Bay Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $30.34 Style Bungalow Age 1981 Rooms 8 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 8116 Heating Fuel Gas Detached Garage Lot Size 0.62 Roof Cover Asph/F Gls/Cmp AEM Value - Building $659,700.00 AEM Value - Land $1,080,700.00 AEM Value - Other $98,800.00 AEM Value - Total $1,839,200.00
A) 442 Bay Lane 0.2 8/8/2024 $1,600,000 3,957 2 $404.35 Colonial 1995 10 4 4 1 8061 Gas 0.67 Asph/F Gls/Cmp $1,055,900 $370,800 $170,000 $1,596,700
B) 290 Starboard Lane 0.5 6/11/2024 $3,050,000 3,576 2 $852.91 Colonial 1997 10 5 3 0 9046 Gas 1.61 Asph/F Gls/Cmp $792,600 $1,165,600 $127,300 $2,085,500
C) 298 Starboard Lane 0.6 11/21/2024 $2,500,000 3,854 1.5 $648.68 Cape Cod 2002 10 5 3 1 8862 Gas 1 Asph/F Gls/Cmp $859,900 $537,800 $88,000 $1,485,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 529 Bay Lane 12/30/1982 $125,000 0 Bungalow 4,120 0.62 3 2-1 -
  Criteria
A 442 Bay Lane 8/8/2024 $1,600,000 0.2 Colonial 3,957 0.67 4 4-1
B 290 Starboard Lane 6/11/2024 $3,050,000 0.5 Colonial 3,576 1.61 5 3-0
C 298 Starboard Lane 11/21/2024 $2,500,000 0.6 Cape Cod 3,854 1 5 3-1
Averages 93 days $2,383,333 0.41 --- 3,796 1.09 --- ---  

Estimation of Market Value - $2,565,797

As of today, 11/25/2024, the estimated market value of 529 Bay Lane, Centerville considering the above 3 comparable properties is $2,565,797.

 

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
@ 529 Bay Lane 12/30/1982 $125,000 0 Bungalow 4,120 0.62 3 2-1 -
  Criteria
A 19 Cove Island Road 12/18/2019 $1 0.0 Cape Cod 2,509 0.71 4 2-1
B 515 Bay Lane 7/9/2012 $1,133,000 0.0 Antique 4,235 0.55 5 4-1
C 522 Bay Lane 5/2/2014 $785,000 0.0 Cape Cod 2,987 0.66 4 3-0
D 503 Bay Lane 10/15/2017 $0 0.0 Cape Cod 2,383 0.51 5 2-1
E 546 Bay Lane 9/6/2017 $100 0.1 Colonial 2,571 0.59 3 2-1
F 549 Bay Lane 7/28/1978 $0 0.1 Colonial 2,710 0.75 4 3-0
G 504 Bay Lane 7/8/2015 $530,000 0.1 Ranch 2,353 0.6 3 2-1
H 24 Cove Island Road 9/15/1991 $200,000 0.1 Colonial 2,376 0.84 4 2-1
I 485 Bay Lane 5/14/1999 $470,000 0.1 Cape Cod 2,680 0.4 3 2-1
J 492 Bay Lane 6/22/2012 $605,000 0.1 Cape Cod 2,952 0.46 3 2-1
K 16 Cove Island Road 12/19/2017 $0 0.1 Modern/Contemp 2,944 1 3 2-1
L 38 Cove Island Road 1/2/2015 $615,000 0.1 Modern/Contemp 1,594 1.4 4 2-1
M 467 Bay Lane 12/27/2017 $764,000 0.1 Cape Cod 2,967 0.42 4 2-1
N 40 Cove Island Road 8/26/2019 $0 0.1 Modern/Contemp 3,952 1.89 4 4-1
O 473 Bay Lane 2/17/1999 $430,000 0.1 Cape Cod 2,724 0.34 3 2-1
P 570 Bay Lane 8/30/2010 $412,500 0.1 Ranch 1,852 0.61 3 2-0
Q 565 Bay Lane 9/14/2018 $100 0.1 Cape Cod 1,907 1.47 3 2-1
R 465 Bay Lane 7/5/2018 $100 0.1 Cape Cod 2,822 0.37 3 2-1
S 22 Beech Leaf Island Road 6/14/2013 $540,150 0.1 Cape Cod 2,824 0.6 3 2-1
T 43 Hill Creek Road 6/15/1987 $1 0.1 Vacant Land 0.55 -
U 0 Bay Lane 11/25/2002 $0 0.1 Vacant Land 2.2 -
V 582 Bay Lane 7/31/2007 $1 0.1 Cape Cod 3,261 1.04 4 3-1
W 585 Bay Lane 10/15/1996 $1 0.1 Cape Cod 2,127 0.66 5 4-1
X 461 Bay Lane 7/29/2016 $690,000 0.1 Cape Cod 2,901 0.32 4 3-1
Y 0 Beech Leaf Island Road 10/15/1995 $1 0.1 Vacant Land 0.14 -
Z 11 Beech Leaf Island Road 7/31/2020 $675,000 0.1 Cape Cod 2,691 0.48 4 2-0
- 40 White Pine Lane 12/30/2014 $213,500 0.1 Colonial 2,596 0.5 4 2-1
- 464 Bay Lane 1/11/2011 $1 0.1 Ranch 2,496 0.56 3 3-1
Averages 5643 days $287,981 0.09 --- 2,408 0.74 --- ---  
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
187-055 529 Bay Lane