503 Bay Lane, Centerville, MA 02632

503 Bay Lane Centerville MA 02632
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Owner Information
Owner 1
Andrew Cloutier
Owner 2
Owner's Address
503 Bay Lane Centerville, MA 02632
Market Sale Information
Most recent sale date
10/15/2017
Previous sale date
7/15/1988
Transfer document #
BA18P1177EA-
Previous transfer document
6347-0134
Grantor
Andrew F Cloutier
Previous grantor
Sandrea J Riggen
Most recent sale price
$0.00
Previous sale price
$510,000.00
Site Information
Property ID
187-057
Lot Size
0.51
Use Code
101 - Residential, single family
Zoning
RD-1
Building Style
Cape Cod
Number of Rooms
8
Stories
1.4
Number of Beds
5
Year Built
1981
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2383
Number of Kitchen
Gross Living Area
7360
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
$1,026,800.00
Total value
$1,658,700.00
Building value
$530,900.00
Estimated tax
$11,817.00
Yard improvement value
$101,000.00
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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 503 Bay Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1981 Rooms 8 Bedrooms 5 Full baths 2 Half baths 1 Gross Living Area 7360 Heating Fuel Gas Detached Garage Lot Size 0.51 Roof Cover Asph/F Gls/Cmp AEM Value - Building $530,900.00 AEM Value - Land $1,026,800.00 AEM Value - Other $101,000.00 AEM Value - Total $1,658,700.00
A) 121 Beech Leaf Island Road 0.2 4/19/2024 $1,250,000 2,950 1.75 $423.73 Cape Cod 1993 10 3 4 1 6383 Gas 1.35 Asph/F Gls/Cmp $656,000 $346,400 $82,700 $1,085,100
B) 200 Sturbridge Drive 0.8 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) 195 Fuller Road 0.8 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 503 Bay Lane 10/15/2017 $0 0 Cape Cod 2,383 0.51 5 2-1 -
  Criteria
A 121 Beech Leaf Island Road 4/19/2024 $1,250,000 0.2 Cape Cod 2,950 1.35 3 4-1
B 200 Sturbridge Drive 7/17/2024 $1,200,000 0.8 Cape Cod 2,458 0.44 3 2-1
C 195 Fuller Road 9/3/2024 $730,000 0.8 Colonial 2,104 0.72 3 2-0
Averages 78 days $1,060,000 0.58 --- 2,504 0.84 --- ---  

Estimation of Market Value - $1,511,005

As of today, 09/19/2024, the estimated market value of 503 Bay Lane, Centerville considering the above 3 comparable properties is $1,511,005.

 

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
@ 503 Bay Lane 10/15/2017 $0 0 Cape Cod 2,383 0.51 5 2-1 -
  Criteria
A 515 Bay Lane 7/9/2012 $1,133,000 0.0 Antique 4,235 0.55 5 4-1
B 485 Bay Lane 5/14/1999 $470,000 0.0 Cape Cod 2,680 0.4 3 2-1
C 467 Bay Lane 12/27/2017 $764,000 0.0 Cape Cod 2,967 0.42 4 2-1
D 504 Bay Lane 7/8/2015 $530,000 0.0 Ranch 2,353 0.6 3 2-1
E 473 Bay Lane 2/17/1999 $430,000 0.0 Cape Cod 2,724 0.34 3 2-1
F 492 Bay Lane 6/22/2012 $605,000 0.0 Cape Cod 2,952 0.46 3 2-1
G 529 Bay Lane 12/30/1982 $125,000 0.0 Bungalow 4,120 0.62 3 2-1
H 522 Bay Lane 5/2/2014 $785,000 0.0 Cape Cod 2,987 0.66 4 3-0
I 465 Bay Lane 7/5/2018 $100 0.1 Cape Cod 2,822 0.37 3 2-1
J 19 Cove Island Road 12/18/2019 $1 0.1 Cape Cod 2,509 0.71 4 2-1
K 461 Bay Lane 7/29/2016 $690,000 0.1 Cape Cod 2,901 0.32 4 3-1
L 22 Beech Leaf Island Road 6/14/2013 $540,150 0.1 Cape Cod 2,824 0.6 3 2-1
M 464 Bay Lane 1/11/2011 $1 0.1 Ranch 2,496 0.56 3 3-1
N 11 Beech Leaf Island Road 7/31/2020 $675,000 0.1 Cape Cod 2,691 0.48 4 2-0
O 546 Bay Lane 9/6/2017 $100 0.1 Colonial 2,571 0.59 3 2-1
P 0 Bay Lane 11/25/2002 $0 0.1 Vacant Land 2.2 -
Q 447 Bay Lane 1/5/2015 $100 0.1 Cape Cod 3,243 0.37 4 2-1
R 459 Bay Lane 2/25/2011 $595,000 0.1 Cape Cod 2,952 0.44 3 3-1
S 549 Bay Lane 7/28/1978 $0 0.1 Colonial 2,710 0.75 4 3-0
T 456 Bay Lane 4/20/2016 $565,725 0.1 Ranch 1,896 0.49 2 2-1
U 0 Beech Leaf Island Road 10/15/1995 $1 0.1 Vacant Land 0.02 -
V 40 Cove Island Road 8/26/2019 $0 0.1 Modern/Contemp 3,952 1.89 4 4-1
W 0 Bay Lane 1/4/2001 $0 0.1 Vacant Land 2.77 -
X 10 Thornberry Lane 8/23/2000 $390,000 0.1 Cape Cod 2,181 0.46 3 2-1
Y 24 Cove Island Road 9/15/1991 $200,000 0.1 Colonial 2,376 0.84 4 2-1
Z 38 Cove Island Road 1/2/2015 $615,000 0.1 Modern/Contemp 1,594 1.4 4 2-1
- 0 Beech Leaf Island Road 10/15/1995 $1 0.1 Vacant Land 0.14 -
- 59 Beech Leaf Island Road 4/15/1993 $100 0.1 Vacant Land 0.62 -
Averages 6303 days $325,474 0.08 --- 2,312 0.72 --- ---  
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
187-057 503 Bay Lane