492 Bay Lane, Centerville, MA 02632

Owner Information
Owner 1
Thomas M Finnerty & Brenda J
Owner 2
Owner's Address
26 Capone Road Foxboro, MA 02035
Market Sale Information
Most recent sale date
6/22/2012
Previous sale date
5/3/2010
Transfer document #
C197463-
Previous transfer document
C191308-0
Grantor
Stephen R Otoole
Previous grantor
Joan C Bafaro
Most recent sale price
$605,000.00
Previous sale price
$500,000.00
Site Information
Property ID
187-064
Lot Size
0.46
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
1983
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2952
Number of Kitchen
Gross Living Area
6746
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
$342,900.00
Total value
$1,045,200.00
Building value
$626,200.00
Estimated tax
$6,904.00
Yard improvement value
$76,100.00
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 492 Bay Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $204.95 Style Cape Cod Age 1983 Rooms 7 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 6746 Heating Fuel Oil Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $626,200.00 AEM Value - Land $342,900.00 AEM Value - Other $76,100.00 AEM Value - Total $1,045,200.00
A) 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
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) 60 Deerfield Road 0.8 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
@ 492 Bay Lane 6/22/2012 $605,000 0 Cape Cod 2,952 0.46 3 2-1 -
  Criteria
A 290 Starboard Lane 6/11/2024 $3,050,000 0.5 Colonial 3,576 1.61 5 3-0
B 200 Sturbridge Drive 7/17/2024 $1,200,000 0.8 Cape Cod 2,458 0.44 3 2-1
C 60 Deerfield Road 6/6/2024 $1,375,000 0.8 Modern/Contemp 3,080 0.61 4 3-0
Averages 157 days $1,875,000 0.69 --- 3,038 0.89 --- ---  

Estimation of Market Value - $1,640,125

As of today, 11/24/2024, the estimated market value of 492 Bay Lane, Centerville considering the above 3 comparable properties is $1,640,125.

 

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
@ 492 Bay Lane 6/22/2012 $605,000 0 Cape Cod 2,952 0.46 3 2-1 -
  Criteria
A 504 Bay Lane 7/8/2015 $530,000 0.0 Ranch 2,353 0.6 3 2-1
B 22 Beech Leaf Island Road 6/14/2013 $540,150 0.0 Cape Cod 2,824 0.6 3 2-1
C 485 Bay Lane 5/14/1999 $470,000 0.0 Cape Cod 2,680 0.4 3 2-1
D 11 Beech Leaf Island Road 7/31/2020 $675,000 0.0 Cape Cod 2,691 0.48 4 2-0
E 473 Bay Lane 2/17/1999 $430,000 0.0 Cape Cod 2,724 0.34 3 2-1
F 503 Bay Lane 10/15/2017 $0 0.0 Cape Cod 2,383 0.51 5 2-1
G 464 Bay Lane 1/11/2011 $1 0.0 Ranch 2,496 0.56 3 3-1
H 522 Bay Lane 5/2/2014 $785,000 0.1 Cape Cod 2,987 0.66 4 3-0
I 467 Bay Lane 12/27/2017 $764,000 0.1 Cape Cod 2,967 0.42 4 2-1
J 515 Bay Lane 7/9/2012 $1,133,000 0.1 Antique 4,235 0.55 5 4-1
K 465 Bay Lane 7/5/2018 $100 0.1 Cape Cod 2,822 0.37 3 2-1
L 10 Thornberry Lane 8/23/2000 $390,000 0.1 Cape Cod 2,181 0.46 3 2-1
M 0 Beech Leaf Island Road 10/15/1995 $1 0.1 Vacant Land 0.02 -
N 461 Bay Lane 7/29/2016 $690,000 0.1 Cape Cod 2,901 0.32 4 3-1
O 447 Bay Lane 1/5/2015 $100 0.1 Cape Cod 3,243 0.37 4 2-1
P 456 Bay Lane 4/20/2016 $565,725 0.1 Ranch 1,896 0.49 2 2-1
Q 529 Bay Lane 12/30/1982 $125,000 0.1 Bungalow 4,120 0.62 3 2-1
R 22 Thornberry Lane 4/15/1993 $70,000 0.1 Colonial 2,435 0.56 3 2-1
S 446 Bay Lane 9/19/2008 $1 0.1 Cape Cod 3,142 1.71 3 2-1
T 49 Beech Leaf Island Road 11/15/2023 $1,300,000 0.1 Cape Cod 2,653 0.61 4 2-1
U 59 Beech Leaf Island Road 4/15/1993 $100 0.1 Vacant Land 0.62 -
V 0 Beech Leaf Island Road 10/15/1995 $1 0.1 Vacant Land 0.14 -
W 459 Bay Lane 2/25/2011 $595,000 0.1 Cape Cod 2,952 0.44 3 3-1
X 19 Cove Island Road 12/18/2019 $1 0.1 Cape Cod 2,509 0.71 4 2-1
Y 546 Bay Lane 9/6/2017 $100 0.1 Colonial 2,571 0.59 3 2-1
Z 442 Bay Lane 8/8/2024 $1,600,000 0.1 Colonial 3,957 0.67 4 4-1
- 36 Thornberry Lane 5/4/2016 $795,000 0.1 Colonial 3,403 0.81 4 3-1
- 0 Beech Leaf Island Road 5/15/1992 $1 0.1 Vacant Land 0.61 -
- 0 Bay Lane 1/4/2001 $0 0.1 Vacant Land 2.77 -
- 0 Beech Leaf Island Road 5/15/1992 $1 0.1 Vacant Land 0.53 -
- 0 Bay Lane 11/25/2002 $0 0.1 Vacant Land 2.2 -
- 549 Bay Lane 7/28/1978 $0 0.1 Colonial 2,710 0.75 4 3-0
Averages 6362 days $358,071 0.08 --- 2,245 0.67 --- ---  
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
187-064 492 Bay Lane