198 Tern Lane, Centerville, MA 02632

198 Tern Lane Centerville MA 02632
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Owner Information
Owner 1
Jonathan F Farnham & Holly J
Owner 2
Owner's Address
198 Tern Lane Centerville, MA 02632
Market Sale Information
Most recent sale date
7/27/2004
Previous sale date
6/25/2004
Transfer document #
18865-0335
Previous transfer document
18761-0160
Grantor
Jonathan F Farnham
Previous grantor
Richard P Gleason
Most recent sale price
$100.00
Previous sale price
$365,000.00
Site Information
Property ID
192-028
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
RD-1
Building Style
Cape Cod
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1967
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2968
Number of Kitchen
Gross Living Area
6012
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
$179,200.00
Total value
$925,800.00
Building value
$687,200.00
Estimated tax
$5,947.00
Yard improvement value
$59,400.00
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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 198 Tern Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.03 Style Cape Cod Age 1967 Rooms 8 Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 6012 Heating Fuel Gas Detached Garage Lot Size 0.46 Roof Cover Asph/F Gls/Cmp AEM Value - Building $687,200.00 AEM Value - Land $179,200.00 AEM Value - Other $59,400.00 AEM Value - Total $925,800.00
A) 104 Monomoy Circle 0.7 7/18/2024 $695,000 2,585 1.75 $268.86 Cape Cod 1980 8 4 2 1 5636 Gas 0.35 Asph/F Gls/Cmp $477,200 $152,200 $56,800 $686,200
B) 25 Helmsman Drive 0.7 10/16/2024 $710,000 2,788 1 $254.66 Ranch 1985 13 5 4 0 6980 Gas 0.53 Asph/F Gls/Cmp $564,900 $159,600 $114,100 $838,600
C) 50 Hyde Park Road 0.8 8/9/2024 $1,110,000 2,256 1.75 $492.02 Cape Cod 1986 8 3 2 1 5217 Gas 0.51 Asph/F Gls/Cmp $655,500 $158,000 $60,900 $874,400
D) 266 Holly Point Road 0.9 10/23/2024 $1,200,000 2,938 1.75 $408.44 Cape Cod 1962 9 5 3 0 4136 Gas 0.36 Asph/F Gls/Cmp $512,400 $839,200 $38,300 $1,389,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 198 Tern Lane 7/27/2004 $100 0 Cape Cod 2,968 0.46 4 2-1 -
  Criteria
A 104 Monomoy Circle 7/18/2024 $695,000 0.7 Cape Cod 2,585 0.35 4 2-1
B 25 Helmsman Drive 10/16/2024 $710,000 0.7 Ranch 2,788 0.53 5 4-0
C 50 Hyde Park Road 8/9/2024 $1,110,000 0.8 Cape Cod 2,256 0.51 3 2-1
D 266 Holly Point Road 10/23/2024 $1,200,000 0.9 Cape Cod 2,938 0.36 5 3-0
Averages 78 days $928,750 0.78 --- 2,642 0.44 --- ---  

Estimation of Market Value - $975,572

As of today, 11/25/2024, the estimated market value of 198 Tern Lane, Centerville considering the above 4 comparable properties is $975,572.

 

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
@ 198 Tern Lane 7/27/2004 $100 0 Cape Cod 2,968 0.46 4 2-1 -
  Criteria
A 186 Tern Lane 3/21/2011 $1 0.0 Vacant Land 0.59 -
B 214 Tern Lane 7/23/2015 $315,000 0.0 Cape Cod 1,866 0.45 3 2-0
C 802 Shootflying Hill Road 10/4/2018 $373,900 0.0 Raised Ranch 1,456 1.1 3 2-0
D 806 Shootflying Hill Road 8/27/2018 $400,000 0.0 Antique 3,040 1.14 4 3-2
E 161 Tern Lane 3/6/2012 $1 0.0 Cape Cod 2,422 0.55 3 3-1
F 143 Tern Lane 10/24/2018 $0 0.0 Ranch 1,080 0.94 3 1-0
G 119 Tern Lane 11/26/2019 $508,000 0.1 Ranch 2,287 0.68 3 2-0
H 176 Tern Lane 6/29/2016 $10 0.1 Raised Ranch 1,608 0.51 3 2-0
I 398 Annable Point Road 6/17/2014 $0 0.1 Ranch 2,368 0.48 3 3-1
J 416 Annable Point Road 11/22/2017 $385,900 0.1 Ranch 1,394 0.58 3 1-0
K 786 Shootflying Hill Road 7/18/2016 $205,000 0.1 Ranch 1,092 0.49 3 1-0
L 2 Lakewood Drive 10/21/2020 $0 0.1 Modern/Contemp 2,022 0.59 3 2-0
M 834 Shootflying Hill Road 1/21/2010 $235,500 0.1 Ranch 1,667 0.88 3 2-0
N 230 Tern Lane 7/15/1996 $19,000 0.1 Cape Cod 1,618 0.46 4 2-0
O 844 Shootflying Hill Road 8/6/1999 $135,000 0.1 Ranch 1,164 0.36 2 1-0
P 798 Shootflying Hill Road 8/16/2019 $10 0.1 Ranch 1,816 1.04 3 2-0
Q 12 Lakewood Drive 11/13/2015 $100 0.1 Vacant Land 0.57 -
R 160 Tern Lane 3/5/2020 $1,385,000 0.1 Cape Cod 2,820 0.3 3 4-1
S 93 Tern Lane 10/15/1989 $138,000 0.1 Ranch 1,452 0.42 3 1-1
T 162 Tern Lane 9/4/2015 $0 0.1 Ranch 1,800 0.47 3 1-0
U 28 Lakewood Drive 5/3/2016 $587,000 0.1 Ranch 1,480 0.5 3 3-0
V 144 Tern Lane 1/5/2018 $0 0.1 Vacant Land 0.6 -
W 120 Tern Lane 1/5/2018 $0 0.1 Ranch 2,156 0.6 4 2-0
X 774 Shootflying Hill Road 1/28/2008 $0 0.1 Ranch 1,940 1.67 4 2-0
Y 864 Shootflying Hill Road 9/9/2002 $0 0.1 Ranch 1,180 0.46 2 1-0
Z 407 Annable Point Road 11/15/2017 $1 0.1 Raised Ranch 976 0.6 4 2-0
- 389 Annable Point Road 7/12/2016 $393,275 0.1 Cape Cod 1,520 0.63 3 2-0
- 15 Lakewood Drive 4/20/2004 $545,000 0.1 Colonial 2,483 0.52 4 3-0
- 136 Tern Lane 1/29/2003 $100 0.1 Conventional 2,200 0.67 3 2-0
- 73 Tern Lane 7/19/2024 $680,000 0.1 Ranch 1,510 0.54 3 2-1
- 878 Shootflying Hill Road 11/15/1984 $0 0.1 Ranch 1,268 0.46 3 1-1
- 38 Lakewood Drive 11/15/2017 $550,000 0.1 Antique 1,662 0.25 3 3-0
- 817 Shootflying Hill Road 6/15/1992 $96,000 0.1 Ranch 1,332 0.61 3 2-0
- 762 Shootflying Hill Road 8/12/2020 $409,000 0.1 Ranch 1,885 0.6 3 2-0
- 839 Shootflying Hill Road 11/17/2020 $410,000 0.1 Ranch 1,413 0.78 3 2-0
- 801 Shootflying Hill Road 10/28/2011 $242,000 0.1 Ranch 1,832 0.5 4 2-0
- 100 Tern Lane 3/12/1979 $0 0.1 Ranch 2,052 1.33 3 3-0
- 39 Lakewood Drive 6/3/2024 $625,000 0.1 Ranch 1,062 0.52 3 1-0
- 857 Shootflying Hill Road 12/7/2005 $477,500 0.1 Ranch 1,647 0.77 3 3-0
- 130 Tern Lane 3/20/2018 $100 0.1 Modern/Contemp 4,287 0.69 3 3-1
Averages 4764 days $227,885 0.08 --- 1,671 0.65 --- ---  
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
192-028 198 Tern Lane