556 Main Street Unit 5, Hyannis, MA 02601

556 Main Street Unit 5 Hyannis MA 02601
Owner Information
Owner 1
Mal Par LLC
Owner 2
Owner's Address
C/O Seabreezes, 556 Main Street Hyannis, MA 02601
Market Sale Information
Most recent sale date
8/15/2008
Previous sale date
7/9/2008
Transfer document #
23104-0151
Previous transfer document
23032-0303
Grantor
540 Main LLC
Previous grantor
Most recent sale price
$397,320.00
Previous sale price
$1.00
Site Information
Property ID
308-074-00E
Lot Size
0
Use Code
327 - Commercial Property
Zoning
HVB
Building Style
Retail Condo
Number of Rooms
3
Stories
1
Number of Beds
0
Year Built
1962
Number of full baths
0
Condition
Number of half baths
0
Finished Area
2408
Number of Kitchen
Gross Living Area
2408
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Vinyl/Asphalt
Solar Hot Water
No
Roof Structure
Heating type
Hot Air
Roof Cover
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$0.00
Total value
$423,600.00
Building value
$423,600.00
Estimated tax
$4,205.00
Yard improvement value
$0.00
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 556 Main Street Unit 5 Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $165.00 Style Retail Condo Age 1962 Rooms 3 Bedrooms 0 Full baths 0 Half baths 0 Gross Living Area 2408 Heating Fuel Gas Detached Garage Lot Size 0 Roof Cover AEM Value - Building $423,600.00 AEM Value - Land $0.00 AEM Value - Other $0.00 AEM Value - Total $423,600.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 556 Main Street Unit 5 8/15/2008 $397,320 0 Retail Condo 2,408 0 0 0-0 -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 556 Main Street Unit 5 8/15/2008 $397,320 0 Retail Condo 2,408 0 0 0-0 -
  Criteria
A 29 Bassett Lane 6/26/2019 $1 0.0 Office Bldg 15,552 0.53 0 0-
B 572 Main Street-LOT C 3/12/2013 $375,000 0.1 Ret/Rest/Apt 3,406 0.25 2 3-
C 33 Bassett Lane 9/4/2020 $1 0.1 Office Bldg 8,052 0.43 0 0-
D 181 North Street 9/15/1992 $1 0.1 Office Bldg 19,404 3.79 0 0-
E 568 Main Street 9/15/2005 $1 0.1 Ret/Rest/Apt 3,251 0.15 4 1-
F 574 Main Street 3/10/2023 $640,000 0.1 Ret/Rest/Apt 4,032 0.14 2 2-
G 55 Bassett Lane 1/4/1999 $1 0.1 Branch Bank 4,821 0.69 0 0-
H 547 Main Street 2/28/2011 $450,000 0.1 Ret/Rest/Apt 2,112 0.08 0 1-
I 580 Main Street 6/24/1986 $810,000 0.1 Ret/Rest/Apt 4,561 0.57 1 0-
J 521 Main Street 6/28/2012 $1 0.1 Restaurant 3,296 0.22 0 0-
K 555 Main Street-PARCEL A 6/4/1998 $300,000 0.1 Store 3,350 0.14 0 0-
L 576 Main Street 1/30/2017 $270,000 0.1 Store 915 0.03 0 0-
M 200 North Street 5/16/2016 $66,500 0.1 Vacant Land 0.18 -
N 210 North Street 11/9/2023 $900,000 0.1 C-Store 2,688 0.34 0 0-
O 35 High School Road Extension 12/20/2005 $0 0.1 Dental Office 2,000 0.15 0 0-
P 249 North Street $0 0.1 RestRoom Buildings 565 1.52 0 2-
Q 529 Main Street 8/15/2017 $1,800,000 0.1 Furn Showroom 7,508 0.54 0 2-
R 541 Main Street 10/11/2013 $1,000,000 0.1 Commercial 6,581 0.54 0 0-
S 517 Main Street 7/16/2007 $1 0.1 Ret/Rest/Apt 2,256 0.07 1 2-
T 184 North Street 3/6/1970 $0 0.1 Fast Food,REG 3,114 0.7 0 2-
U 505 Main Street-LOT 1 7/17/2013 $1 0.1 Shop Ctr-Nbhd 5,880 0.35 0 0-
V 586 Main Street 3/11/2010 $1 0.1 Store 3,900 0.23 1 0-
W 497 Main Street-Lot 92 1/24/1978 $0 0.1 Ret/Rest/Apt 4,833 0.2 2 4-
X 557 Main Street 7/28/2020 $1,200,000 0.1 3,506 0.24 6 6-0
Y 561 Main Street Unit A 12/12/2011 $157,500 0.1 Motel Condo 3,648 0 3-
Z 573 Main Street Unit B 7/29/2002 $100 0.1 Motel Condo 3,426 0 1 1-2
- 561 Main Street Unit C 7/28/2020 $1,200,000 0.1 Condominium 600 0 2 1-0
- 569 Main Street Unit D1 6/30/2023 $300,000 0.1 Retail Condo 532 0 0 0-0
- 569 Main Street Unit D2 2/9/2012 $70,000 0.1 Retail Condo 532 0 0 0-0
- 569 Main Street Unit D3 5/31/2024 $215,000 0.1 Retail Condo 672 0 0 0-0
- 569 Main Street Unit D4 11/24/2020 $155,000 0.1 Retail Condo 700 0 0 0-
- 569 Main Street Unit D5 11/24/2020 $155,000 0.1 Retail Condo 700 0 0 0-0
- 569 Main Street Unit D6 3/15/1993 $110,000 0.1 Retail Condo 1,204 0 0 0-0
- 569 Main Street Unit D7 3/15/1993 $110,000 0.1 Retail Condo 1,204 0 0 0-0
- 569 Main Street Unit D8 12/18/2023 $115,000 0.1 Retail Condo 700 0 0 0-0
- 569 Main Street Unit D9 12/15/1994 $52,000 0.1 Retail Condo 672 0 0 0-0
- 569 Main Street Unit D10 11/25/2015 $100,000 0.1 Retail Condo 644 0 0 0-0
- 569 Main Street Unit D11 1/19/2018 $135,000 0.1 Motel Condo 546 0 0 0-0
- 569 Main Street Unit D12 6/2/2006 $1 0.1 Motel Condo 546 0 0 0-0
- 176 North Street 1/29/2008 $3,195,000 0.1 Lg Ret Condo 9,738 0.92 0 0-
- 519 Main Street 3/25/2015 $800,000 0.1 Apartments 5,742 0.27 14 14-0
- 228 North Street 10/30/2024 $1,750,000 0.1 Whse (Mini) 2,046 0.64 0 0-
- 493 Main Street 7/2/2020 $515,000 0.1 Military 3,840 0.08 0 0-
- 84 Bassett Lane 1/17/2013 $1 0.1 Vacant Land 0.48 -
- 259 North Street 8/3/2018 $2,800,000 0.1 Office Bldg 14,056 0.85 0 0-
- 592 Main Street 7/15/2008 $845,000 0.1 Shop Ctr-Nbhd 7,265 0.21 0 0-
- 81 Bassett Lane 9/22/2023 $525,000 0.1 Finan Inst. 1,536 0.32 0 0-
- 11 High School Road 10/4/2017 $250,000 0.1 Colonial 1,664 0.11 3 1-1
- 0 High School Road 3/6/2020 $100 0.1 Vacant Land 1,612 0.24 -
- 246 North Street 2/1/2001 $225,000 0.1 Ret/Rest/Apt 3,200 0.14 2 2-
- 577 Main Street 12/30/1981 $0 0.1 Ret/Rest/Apt 4,442 0.3 2 0-
- 600 Main Street 5/3/2010 $0 0.1 Ret/Rest/Apt 5,951 0.3 3 3-
- 33 Pine Avenue 1/31/2020 $388,000 0.1 Family Conver 2,140 0.22 4 1-1
- 486 Main Street 1/20/1958 $0 0.1 Churches 11,025 1.28 0 0-
- 585 Main Street 4/13/2006 $0 0.1 Shop Ctr-Nbhd 5,400 0.18 0 0-
- 17 High School Road 3/6/2020 $100 0.1 Finan Inst. 2,710 0.35 0 3-2
- 89 Bassett Lane 3/27/2023 $375,000 0.1 Commercial 2,208 0.21 0 0-
- 149 North Street 3/3/2003 $400,000 0.1 Mini-Mart/Gas 5,184 0.48 4 3-
- 3 Bacon Terrace 9/5/2018 $800,000 0.1 Family Conver 1,773 0.07 3 3-0
Averages 5488 days $399,226 0.09 --- 3,787 0.33 --- ---  
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
308-074-00E 556 Main Street Unit 5