261 Oak Neck Road, Hyannis, MA 02601

261 Oak Neck Road Hyannis MA 02601
Owner Information
Owner 1
Robert W Wallace
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
9/2/2022
Previous sale date
12/15/1986
Transfer document #
35345-55
Previous transfer document
5469-124-
Grantor
Nancy Lee Cormier
Previous grantor
Daniel R Landry
Most recent sale price
$475,000.00
Previous sale price
$144,900.00
Site Information
Property ID
307-187-005
Lot Size
0.32
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
6
Stories
1.75
Number of Beds
3
Year Built
1986
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1402
Number of Kitchen
Gross Living Area
2954
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Carpet
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
$149,200.00
Total value
$504,500.00
Building value
$318,000.00
Estimated tax
$3,198.00
Yard improvement value
$37,300.00
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 261 Oak Neck Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $338.80 Style Cape Cod Age 1986 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2954 Heating Fuel Oil Detached Garage Lot Size 0.32 Roof Cover Asph/F Gls/Cmp AEM Value - Building $318,000.00 AEM Value - Land $149,200.00 AEM Value - Other $37,300.00 AEM Value - Total $504,500.00
A) 5 Snow Creek Drive 0.1 7/16/2024 $400,000 1,334 1 $299.85 Ranch 1960 7 3 2 0 2602 Gas 0.2 Asph/F Gls/Cmp $274,000 $164,700 $33,700 $472,400
B) 11 Cumner Street 0.2 11/7/2024 $785,000 1,682 1.5 $466.71 Cape Cod 1962 6 3 2 0 2813 Gas 0.12 Asph/F Gls/Cmp $345,800 $292,000 $24,200 $662,000
C) 61 Chase Street 0.4 8/6/2024 $51,020 1,536 2 $33.22 Antique 1924 8 4 1 1 2788 Oil 0.13 Asph/F Gls/Cmp $262,700 $154,300 $42,400 $459,400
D) 58 Chase Street 0.4 10/15/2024 $575,000 1,474 1.75 $390.09 Conventional 1931 7 3 2 0 3158 Gas 0.25 Asph/F Gls/Cmp $284,800 $171,300 $51,500 $507,600
E) 24 Marston Avenue 0.8 9/23/2024 $750,000 1,300 1 $576.92 Ranch 1951 6 4 3 0 1573 Gas 0.23 Asph/F Gls/Cmp $241,100 $168,700 $12,200 $422,000
F) 140 Mitchell's Way 0.9 5/22/2024 $600,000 1,426 1.75 $420.76 Cape Cod 1965 6 3 2 0 2816 Gas 0.55 Asph/F Gls/Cmp $428,800 $145,100 $22,600 $596,500
G) 76 Smith Street 1.0 10/30/2024 $565,000 1,196 1 $472.41 Ranch 1984 5 3 2 0 1616 Gas 0.27 Asph/F Gls/Cmp $284,500 $254,400 $19,800 $558,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 261 Oak Neck Road 9/2/2022 $475,000 0 Cape Cod 1,402 0.32 3 2-0 -
  Criteria
A 5 Snow Creek Drive 7/16/2024 $400,000 0.1 Ranch 1,334 0.2 3 2-0
B 11 Cumner Street 11/7/2024 $785,000 0.2 Cape Cod 1,682 0.12 3 2-0
C 61 Chase Street 8/6/2024 $51,020 0.4 Antique 1,536 0.13 4 1-1
D 58 Chase Street 10/15/2024 $575,000 0.4 Conventional 1,474 0.25 3 2-0
E 24 Marston Avenue 9/23/2024 $750,000 0.8 Ranch 1,300 0.23 4 3-0
F 140 Mitchell's Way 5/22/2024 $600,000 0.9 Cape Cod 1,426 0.55 3 2-0
G 76 Smith Street 10/30/2024 $565,000 1.0 Ranch 1,196 0.27 3 2-0
Averages 68 days $532,289 0.53 --- 1,421 0.25 --- ---  

Estimation of Market Value - $518,061

As of today, 11/10/2024, the estimated market value of 261 Oak Neck Road, Hyannis considering the above 7 comparable properties is $518,061.

 

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
@ 261 Oak Neck Road 9/2/2022 $475,000 0 Cape Cod 1,402 0.32 3 2-0 -
  Criteria
A 279 Oak Neck Road 11/17/2000 $172,500 0.0 Cape Cod 1,627 0.24 3 2-0
B 264 Oak Neck Road 5/31/2019 $385,000 0.0 Family Duplex 2,128 0.25 4 2-2
C 289 Oak Neck Road 3/15/1986 $39,500 0.0 Raised Ranch 1,146 0.23 3 2-0
D 95 Angell Road 10/19/2009 $1 0.0 Ranch 1,484 0.3 5 3-0
E 10 Bodfish Place 9/11/2018 $399,900 0.0 Family Duplex 2,128 0.26 4 4-0
F 250 Oak Neck Road 3/25/2003 $100 0.1 Cape Cod 1,756 1.29 3 2-1
G 85 Angell Road 11/28/2014 $217,000 0.1 Ranch 864 0.27 2 1-0
H 18 Bodfish Place 3/21/2016 $160,000 0.1 Family Duplex 2,128 0.23 4 4-0
I 75 Old Colony Road 1/9/2004 $174,200 0.1 Cape Cod 1,346 0.42 3 2-0
J 301 Oak Neck Road 5/15/1988 $136,250 0.1 Ranch 1,056 0.23 3 2-1
K 304 Oak Neck Road 7/11/2014 $320,000 0.1 Conventional 1,793 0.3 3 2-0
L 42 Clifton Road 5/17/2004 $0 0.1 Ranch 880 0.18 3 1-0
M 55 Old Colony Road 8/30/2023 $237,003 0.1 Cape Cod 1,404 0.41 3 2-0
N 26 Bodfish Place 5/5/1987 $132,500 0.1 Family Duplex 2,240 0.26 4 3-0
O 85 Old Colony Road 9/4/1996 $104,900 0.1 Ranch 1,095 0.27 2 1-0
P 71 Old Colony Road 2/28/1997 $124,000 0.1 Cape Cod 1,724 0.23 3 2-0
Q 71 Angell Road 11/19/1980 $35,600 0.1 Ranch 793 0.41 2 1-0
R 306 Oak Neck Road 7/18/2013 $1 0.1 Conventional 1,042 0.23 2 2-1
S 70 Angell Road 5/18/2015 $285,000 0.1 Conventional 1,080 0.2 2 2-0
T 32 Clifton Road 11/15/1995 $100,000 0.1 Cape Cod 1,794 0.18 4 1-0
U 69 Angell Road 2/12/1999 $136,000 0.1 Cape Cod 1,400 0.2 3 2-0
V 59 Old Colony Road 8/3/2018 $315,000 0.1 Ranch 1,095 0.2 2 1-0
W 36 Bodfish Place 8/4/2003 $258,000 0.1 Family Duplex 2,128 0.26 4 3-0
X 312 Oak Neck Road 7/26/2018 $100 0.1 Ranch 1,196 0.26 3 2-0
Y 313 Oak Neck Road 8/15/1992 $100 0.1 Conventional 1,719 0.24 4 2-0
Z 50 Angell Road 4/27/2018 $290,000 0.1 Cape Cod 1,164 0.18 2 1-0
- 51 Old Colony Road 9/27/1996 $116,500 0.1 Cape Cod 1,346 0.27 3 2-0
- 230 Oak Neck Road 4/15/1962 $0 0.1 Vacant Land 5.4 -
- 40 Angell Road 10/10/2019 $314,000 0.1 Ranch 1,170 0.34 3 1-0
- 230 Sea Street 1/1/1950 $0 0.1 Vacant Land 15 -
- 24 Clifton Road 11/7/1980 $0 0.1 Raised Ranch 950 0.25 3 2-0
- 88 Old Colony Road 10/6/2006 $0 0.1 Ranch 1,228 0.21 4 2-0
- 61 Angell Road 9/20/2006 $295,000 0.1 Ranch 1,152 0.93 2 1-0
- 324 Oak Neck Road 9/13/2006 $262,000 0.1 Camp 704 0.22 2 1-0
- 80 Old Colony Road 3/3/2017 $321,000 0.1 Raised Ranch 1,480 0.64 3 2-0
- 25 Clifton Road 9/5/2018 $0 0.1 Cape Cod 1,115 0.13 3 2-0
- 5 Snow Creek Drive 7/16/2024 $400,000 0.1 Ranch 1,334 0.2 3 2-0
- 330 Oak Neck Road 5/6/2011 $188,000 0.1 Conventional 576 0.22 2 1-0
- 200 Oak Neck Road 6/8/2011 $215,000 0.1 Modern/Contemp 2,510 0.21 3 2-0
- 53 Angell Road 7/29/2011 $210,000 0.1 Ranch 768 0.13 2 1-0
- 4 Crescent Drive 8/1/2017 $825,000 0.1 Family Duplex 1,152 0.54 2 2-0
- 50 Old Colony Road 3/19/2020 $1 0.1 Ranch 1,472 0.45 3 2-0
- 32 Angell Road 9/29/2010 $1 0.1 Cape Cod 1,663 0.18 4 2-0
- 77 Marsh Lane $0 0.1 Vacant Land 0.21 -
- 43 Angell Road 1/10/2020 $0 0.1 Cape Cod 1,524 0.18 4 3-0
- 10 Snow Creek Drive 11/16/2007 $415,000 0.1 Ranch 1,348 0.24 3 1-1
- 55 Foster Road 12/11/2009 $285,000 0.1 Bungalow 1,544 0.21 3 3-0
- 323 Oak Neck Road 8/1/2017 $825,000 0.1 Family Duplex 1,224 0.64 2 2-0
Averages 6978 days $181,128 0.09 --- 1,301 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
307-187-005 261 Oak Neck Road