500 Ocean Street Unit 16, Hyannis, MA 02601

500 Ocean Street Unit 16 Hyannis MA 02601
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Owner Information
Owner 1
Joseph Alan Sasson & Michelle
Owner 2
Owner's Address
40 Redwood Road Newton, MA 02459
Market Sale Information
Most recent sale date
10/10/2019
Previous sale date
5/26/2016
Transfer document #
C21-16-0
Previous transfer document
C21-16-0
Grantor
Joseph Alan Sasson
Previous grantor
Henriette Sasson
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
324-040-0AD
Lot Size
0
Use Code
102 - Condominium
Zoning
RB
Building Style
Condominium
Number of Rooms
4
Stories
2
Number of Beds
2
Year Built
1975
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1162
Number of Kitchen
Gross Living Area
1909
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Heating type
Elec Baseboard
Roof Cover
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$0.00
Total value
$523,500.00
Building value
$515,900.00
Estimated tax
$4,842.00
Yard improvement value
$7,600.00
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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 500 Ocean Street Unit 16 Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Condominium Age 1975 Rooms 4 Bedrooms 2 Full baths 2 Half baths 1 Gross Living Area 1909 Heating Fuel Electric Detached Garage Lot Size 0 Roof Cover AEM Value - Building $515,900.00 AEM Value - Land $0.00 AEM Value - Other $7,600.00 AEM Value - Total $523,500.00
A) 15 Oak Neck Road Unit 9 0.8 11/8/2024 $375,000 1,014 1 $369.82 Condominium 1974 4 2 1 1 1094 Electric 0 $259,400 $0 $3,600 $263,000
B) 15 Oak Neck Road Unit 10 0.8 11/8/2024 $375,000 1,036 1 $361.97 Condominium 1974 4 2 1 1 1116 Electric 0 $264,500 $0 $3,600 $268,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 500 Ocean Street Unit 16 10/10/2019 $0 0 Condominium 1,162 0 2 2-1 -
  Criteria
A 15 Oak Neck Road Unit 9 11/8/2024 $375,000 0.8 Condominium 1,014 0 2 1-1
B 15 Oak Neck Road Unit 10 11/8/2024 $375,000 0.8 Condominium 1,036 0 2 1-1
Averages 2 days $375,000 0.84 --- 1,025 0 --- ---  

Estimation of Market Value - $582,195

As of today, 11/10/2024, the estimated market value of 500 Ocean Street Unit 16, Hyannis considering the above 2 comparable properties is $582,195.

 

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
@ 500 Ocean Street Unit 16 10/10/2019 $0 0 Condominium 1,162 0 2 2-1 -
  Criteria
A 490 Ocean Street 4/22/1999 $0 0.1 Club House 14,472 0.72 0 0-
B 543 Ocean Street 4/4/2005 $1 0.1 1,208 0.17 6 6-0
C 535 Ocean Street 9/29/1997 $1 0.1 2,138 0.28 6 6-0
D 549 Ocean Street 3/6/1998 $142,500 0.1 2,773 0.19 6 6-0
E 525 Ocean Street 1/8/2014 $100 0.1 1,159 0.16 5 5-0
F 557 Ocean Street 1/16/2003 $1 0.1 2,148 0.27 6 6-0
G 517 Ocean Street 4/30/2013 $390,000 0.1 1,289 0.16 6 6-0
H 565 Ocean Street 10/11/2019 $1 0.1 Cape Cod 2,030 0.26 5 6-0
I 511 Ocean Street 2/13/2018 $0 0.1 1,133 0.16 4 5-0
J 21 Gosnold Street 3/7/2003 $0 0.1 Vacant Land 0.73 -
K 503 Ocean Street 8/1/2000 $1 0.1 Cape Cod 1,862 0.16 4 3-1
L 77 Circuit Avenue 3/11/2016 $438,900 0.1 Cape Cod 1,777 0.51 3 2-0
M 85 Circuit Avenue 3/11/2016 $438,900 0.1 Vacant Land 0.36 -
N 55 Circuit Avenue 5/14/2008 $220,900 0.1 Antique 1,960 1.27 3 3-0
O 5 Gosnold Street 2/13/2018 $0 0.1 Cape Cod 1,865 0.17 5 3-1
P 23 Gosnold Street 12/20/2018 $100 0.1 Vacant Land 0.33 -
Averages 5648 days $101,963 0.10 --- 2,238 0.37 --- ---  
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
324-040-0AD 500 Ocean Street Unit 16