583 Main Street, Hyannis, MA 02601

Owner Information
Owner 1
Raghbir Mehta & Rita
Owner 2
Owner's Address
259 Sea St Hyannis, MA 02601
Market Sale Information
Most recent sale date
11/14/1997
Previous sale date
5/15/1984
Transfer document #
11062-0264
Previous transfer document
4099-0341
Grantor
R E Terry
Previous grantor
Lawrence S Tobey
Most recent sale price
$72,000.00
Previous sale price
$145,000.00
Site Information
Property ID
308-114
Lot Size
0.35
Use Code
10 - Multiple Use Property
Zoning
HVB
Building Style
Family Duplex
Number of Rooms
4
Stories
1
Number of Beds
2
Year Built
1950
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1466
Number of Kitchen
Gross Living Area
1574
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Vinyl/Asphalt
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
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$167,500.00
Total value
$320,300.00
Building value
$148,600.00
Estimated tax
$2,963.00
Yard improvement value
$4,200.00
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 583 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $49.11 Style Family Duplex Age 1950 Rooms 4 Bedrooms 2 Full baths 2 Half baths 0 Gross Living Area 1574 Heating Fuel Gas Detached Garage Lot Size 0.35 Roof Cover Asph/F Gls/Cmp AEM Value - Building $148,600.00 AEM Value - Land $167,500.00 AEM Value - Other $4,200.00 AEM Value - Total $320,300.00
A) 52 School Street 0.7 11/6/2024 $700,000 1,806 1.5 $387.60 Finan Inst. 1910 3 3 0 3392 Oil 0.24 Asph/F Gls/Cmp $411,000 $169,100 $43,000 $623,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 583 Main Street 11/14/1997 $72,000 0 Family Duplex 1,466 0.35 2 2-0 -
  Criteria
A 52 School Street 11/6/2024 $700,000 0.7 Finan Inst. 1,806 0.24 3 3-0
Averages 20 days $700,000 0.74 --- 1,806 0.24 --- ---  

Estimation of Market Value - $464,023

As of today, 11/25/2024, the estimated market value of 583 Main Street, Hyannis considering the above 1 comparable properties is $464,023.

 

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
@ 583 Main Street 11/14/1997 $72,000 0 Family Duplex 1,466 0.35 2 2-0 -
  Criteria
A 577 Main Street 12/30/1981 $0 0.0 Ret/Rest/Apt 4,442 0.3 2 0-
B 597 Main Street 1/23/2001 $39,800 0.0 Conventional 1,626 0.23 2 2-0
C 420 South Street 11/14/2013 $250,000 0.0 Finan Inst. 1,468 0.24 0 0-0
D 414 South Street 3/29/2017 $100 0.0 Finan Inst. 2,389 0.31 0-0
E 585 Main Street 4/13/2006 $0 0.0 Shop Ctr-Nbhd 5,400 0.18 0 0-
F 428 South Street 9/28/2007 $502,600 0.0 Cape Cod 1,951 0.22 3 1-1
G 595 Main Street-Lot 116 7/18/2017 $100 0.0 Store 11,010 0.41 0 0-
H 402 South Street 12/29/2015 $1 0.0 Conventional 2,720 0.46 4 1-1
I 561 Main Street Unit A 12/12/2011 $157,500 0.0 Motel Condo 3,648 0 3-
J 573 Main Street Unit B 7/29/2002 $100 0.0 Motel Condo 3,426 0 1 1-2
K 561 Main Street Unit C 7/28/2020 $1,200,000 0.0 Condominium 600 0 2 1-0
L 569 Main Street Unit D1 6/30/2023 $300,000 0.0 Retail Condo 532 0 0 0-0
M 569 Main Street Unit D2 2/9/2012 $70,000 0.0 Retail Condo 532 0 0 0-0
N 569 Main Street Unit D3 5/31/2024 $215,000 0.0 Retail Condo 672 0 0 0-0
O 569 Main Street Unit D4 11/24/2020 $155,000 0.0 Retail Condo 700 0 0 0-
P 569 Main Street Unit D5 11/24/2020 $155,000 0.0 Retail Condo 700 0 0 0-0
Q 569 Main Street Unit D6 3/15/1993 $110,000 0.0 Retail Condo 1,204 0 0 0-0
R 569 Main Street Unit D7 3/15/1993 $110,000 0.0 Retail Condo 1,204 0 0 0-0
S 569 Main Street Unit D8 12/18/2023 $115,000 0.0 Retail Condo 700 0 0 0-0
T 569 Main Street Unit D9 12/15/1994 $52,000 0.0 Retail Condo 672 0 0 0-0
U 569 Main Street Unit D10 11/25/2015 $100,000 0.0 Retail Condo 644 0 0 0-0
V 569 Main Street Unit D11 1/19/2018 $135,000 0.0 Motel Condo 546 0 0 0-0
W 569 Main Street Unit D12 6/2/2006 $1 0.0 Motel Condo 546 0 0 0-0
X 434 South Street 4/17/2012 $100,000 0.0 Vacant Land 0.28 -
Y 599 Main Street-Lots 2-3 3/31/2010 $639,000 0.0 Ret/Rest/Apt 3,514 0.33 1 0-
Z 438 South Street 7/12/2004 $1 0.0 Conventional 2,620 0.35 4 4-0
- 394 South Street 3/24/2020 $535,000 0.1 Colonial 3,212 0.65 3 2-1
- 605 Main Street 11/9/2023 $785,000 0.1 Ret/Rest/Apt 5,347 0.16 2 1-
- 557 Main Street 7/28/2020 $1,200,000 0.1 3,506 0.24 6 6-0
- 429 South Street 6/15/1985 $150,000 0.1 Dental Office 3,050 0.5 0 1-
- 576 Main Street 1/30/2017 $270,000 0.1 Store 915 0.03 0 0-
- 555 Main Street-PARCEL A 6/4/1998 $300,000 0.1 Store 3,350 0.14 0 0-
- 405 South Street 8/15/1985 $162,500 0.1 Finan Inst. 1,672 0.28 0 0-
- 592 Main Street 7/15/2008 $845,000 0.1 Shop Ctr-Nbhd 7,265 0.21 0 0-
- 615 Main Street Unit 1 9/30/2013 $129,900 0.1 Condominium 1,439 0 2 1-1
- 615 Main Street Unit 2 8/24/2012 $240,000 0.1 Condominium 2,357 0 2 1-1
- 615 Main Street Unit 3 10/8/2015 $260,000 0.1 Condominium 1,533 0 2 1-1
- 615 Main Street Unit 4 4/17/2007 $459,000 0.1 Condominium 1,576 0 2 1-1
- 615 Main Street Unit 5 1/31/2013 $194,000 0.1 Condominium 1,376 0 2 1-1
- 615 Main Street Unit 6 10/14/2005 $110,000 0.1 Condominium 1,250 0 2 2-0
- 615 Main Street Unit 7 5/22/2014 $162,500 0.1 Condominium 1,273 0 2 2-0
- 615 Main Street Unit 8 8/31/2005 $299,900 0.1 Condominium 1,279 0 2 2-
- 615 Main Street Unit 9 9/23/2011 $135,000 0.1 Condominium 1,365 0 2 1-1
- 615 Main Street Unit 10 9/12/2014 $228,250 0.1 Condominium 1,363 0 2 1-1
- 615 Main Street Unit 11 10/16/2013 $215,000 0.1 Condominium 1,508 0 2 2-
- 615 Main Street Unit 12 8/30/2005 $319,000 0.1 Condominium 1,407 0 2 1-1
- 615 Main Street Unit 13 3/6/2007 $400,000 0.1 Retail Condo 2,228 0 0 2-0
- 617 Main Street Unit 14 6/23/2005 $550,000 0.1 Motel Condo 4,259 0 0 2-0
- 586 Main Street 3/11/2010 $1 0.1 Store 3,900 0.23 1 0-
- 574 Main Street 3/10/2023 $640,000 0.1 Ret/Rest/Apt 4,032 0.14 2 2-
- 395 South Street 11/18/1998 $95,000 0.1 Ranch 575 0.26 2 1-0
- 439 South Street 8/31/2015 $265,000 0.1 Conventional 1,325 0.26 3 2-0
- 450 South Street 7/2/2004 $475,000 0.1 Office Bldg 3,775 0.62 0 2-
- 33 Pine Avenue 1/31/2020 $388,000 0.1 Family Conver 2,140 0.22 4 1-1
- 547 Main Street 2/28/2011 $450,000 0.1 Ret/Rest/Apt 2,112 0.08 0 1-
- 606 Main Street 9/5/2018 $800,000 0.1 Ret/Rest/Apt 9,694 0.29 1 0-
- 600 Main Street 5/3/2010 $0 0.1 Ret/Rest/Apt 5,951 0.3 3 3-
- 20 Sea Street-LOT 1 8/6/1998 $165,000 0.1 Ret/Rest/Apt 4,987 0.18 0 0-
- 568 Main Street 9/15/2005 $1 0.1 Ret/Rest/Apt 3,251 0.15 4 1-
- 17 Chase Street 11/5/2019 $300,000 0.1 Ranch 1,485 0.22 2 2-1
- 541 Main Street 10/11/2013 $1,000,000 0.1 Commercial 6,581 0.54 0 0-
- 16 Sea Street 8/10/2020 $350,000 0.1 Ret/Rest/Apt 2,097 0.04 2 2-
- 380 South Street 8/13/2003 $1 0.1 Cape Cod 1,386 0.22 4 2-1
- 391 South Street 9/26/2019 $450,000 0.1 Conventional 1,967 0.27 4 3-1
- 616 Main Street-Lot 63 2/26/2008 $1 0.1 Store 4,061 0.2 0 0-
- 580 Main Street 6/24/1986 $810,000 0.1 Ret/Rest/Apt 4,561 0.57 1 0-
- 18 Chase Street 3/9/2020 $416,000 0.1 Conventional 833 0.28 2 1-0
- 451 South Street 5/28/2004 $260,000 0.1 Conventional 1,389 0.17 2 2-0
- 379 South Street 6/15/1986 $350,000 0.1 1,876 0.26 7 4-0
- 445 South Street 8/29/2008 $450,000 0.1 2,968 0.63 6 6-0
- 572 Main Street-LOT C 3/12/2013 $375,000 0.1 Ret/Rest/Apt 3,406 0.25 2 3-
- 620 Main Street 3/1/2001 $450,000 0.1 Shop Ctr-Nbhd 6,767 0.32 0 0-
- 23 Chase Street 6/14/2012 $317,000 0.1 Ranch 1,480 0.34 3 3-0
- 3 Bacon Terrace 9/5/2018 $800,000 0.1 Family Conver 1,773 0.07 3 3-0
- 627 Main Street 6/29/2005 $675,000 0.1 Fast Food,REG 2,405 0.22 0 0-
- 459 South Street 7/13/2005 $120,000 0.1 Vacant Land 0.16 -
- 61 Pine Avenue 6/15/1986 $350,000 0.1 Conventional 828 0.1 3 2-0
- 24 Chase Street 9/8/2015 $276,000 0.1 Conventional 1,240 0.29 3 1-1
- 30 Pine Avenue $0 0.1 Family Conver 9,957 0.57 18 2-16
- 529 Main Street 8/15/2017 $1,800,000 0.1 Furn Showroom 7,508 0.54 0 2-
- 22 Oak Neck Road 12/16/2015 $237,750 0.1 Camp 584 0.15 2 1-0
- 478 South Street 9/1/2010 $525,000 0.1 Office Bldg 2,045 0.42 0 0-
- 71 Pine Avenue 11/15/1994 $112,000 0.1 Cape Cod 1,040 0.4 3 1-0
- 631 Main Street 7/9/1991 $85,000 0.1 Military 6,752 0.25 0 0-
- 16 Oak Neck Road 2/27/2020 $280,000 0.1 Conventional 1,320 0.09 3 2-0
- 4 Bacon Terrace Unit A-B-C 12/13/2004 $1 0.1 Condo Office 3,692 0 0 2-1
- 50 Sea Street 6/6/2018 $366,500 0.1 Restaurant 1,704 0.25 0 0-
- 29 Bassett Lane 6/26/2019 $1 0.1 Office Bldg 15,552 0.53 0 0-
- 30 Chase Street 8/20/2014 $100 0.1 Colonial 1,456 0.29 4 1-0
- 33 Chase Street 8/10/2020 $295,000 0.1 Conventional 1,528 0.42 3 2-0
- 32 Oak Neck Road 1/24/2017 $1 0.1 Ranch 1,152 0.19 3 2-0
- 369 South Street 1/15/1982 $0 0.1 1,944 0.41 6 4-0
- 362 South Street Unit 1 4/8/2008 $1 0.1 Conventional 1,499 0 2 1-1
- 362 South Street Unit 2 4/8/2008 $1 0.1 Ranch 616 0 1 1-0
- 640 Main Street 11/15/2010 $1,350,000 0.1 Ret/Rest/Apt 13,522 0.58 0 0-
- 519 Main Street 3/25/2015 $800,000 0.1 Apartments 5,742 0.27 14 14-0
- 641 Main Street-Lot 132 2/2/1982 $107,797 0.1 Finan Inst. 3,817 0.17 0 0-
- 79 Pine Avenue 7/22/2019 $100 0.1 Conventional 1,842 0.37 5 2-0
- 521 Main Street 6/28/2012 $1 0.1 Restaurant 3,296 0.22 0 0-
- 17 Sea Street Extension 4/19/2000 $182,500 0.1 Conventional 2,017 0.32 3 1-0
- 356 South Street 5/14/2014 $275,000 0.1 Cape Cod 1,211 0.27 0 2-0
- 38 Chase Street 5/15/1993 $1 0.1 Conventional 1,806 0.34 5 2-0
- 62 Pine Avenue 11/1/2024 $330,000 0.1 Camp 879 0.18 2 2-0
Averages 5646 days $292,524 0.07 --- 2,790 0.2 --- ---  
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
308-114 583 Main Street