281 Ocean Street, Hyannis, MA 02601

281 Ocean Street Hyannis MA 02601
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Owner Information
Owner 1
Sean E Sweeney
Owner 2
Owner's Address
281 Ocean St Hyannis, MA 02601
Market Sale Information
Most recent sale date
5/8/2003
Previous sale date
7/31/2001
Transfer document #
16880-0282
Previous transfer document
14095-0213
Grantor
Thomas P Mahedy
Previous grantor
Joseph W Foppiano
Most recent sale price
$390,000.00
Previous sale price
$215,900.00
Site Information
Property ID
325-022
Lot Size
0.23
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Conventional
Number of Rooms
7
Stories
2
Number of Beds
4
Year Built
1920
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1562
Number of Kitchen
Gross Living Area
2071
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Steam
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$322,700.00
Total value
$674,000.00
Building value
$332,800.00
Estimated tax
$4,766.00
Yard improvement value
$18,500.00
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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 281 Ocean Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $249.68 Style Conventional Age 1920 Rooms 7 Bedrooms 4 Full baths 1 Half baths 1 Gross Living Area 2071 Heating Fuel Gas Detached Garage Lot Size 0.23 Roof Cover Asph/F Gls/Cmp AEM Value - Building $332,800.00 AEM Value - Land $322,700.00 AEM Value - Other $18,500.00 AEM Value - Total $674,000.00
A) 5 Snow Creek Drive 0.4 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) 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
C) 16 Marsh Lane 0.5 4/30/2024 $740,000 1,559 1 $474.66 Ranch 1959 7 3 2 0 3602 Gas 0.28 Asph/F Gls/Cmp $310,700 $254,900 $44,700 $610,300
D) 185 Gosnold Street 0.6 3/25/2024 $655,000 1,224 1 $535.13 Ranch 1955 6 4 2 0 1473 Gas 0.14 Asph/F Gls/Cmp $303,800 $189,900 $12,300 $506,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 281 Ocean Street 5/8/2003 $390,000 0 Conventional 1,562 0.23 4 1-1 -
  Criteria
A 5 Snow Creek Drive 7/16/2024 $400,000 0.4 Ranch 1,334 0.2 3 2-0
B 61 Chase Street 8/6/2024 $51,020 0.4 Antique 1,536 0.13 4 1-1
C 16 Marsh Lane 4/30/2024 $740,000 0.5 Ranch 1,559 0.28 3 2-0
D 185 Gosnold Street 3/25/2024 $655,000 0.6 Ranch 1,224 0.14 4 2-0
Averages 109 days $461,505 0.46 --- 1,413 0.19 --- ---  

Estimation of Market Value - $558,789

As of today, 09/20/2024, the estimated market value of 281 Ocean Street, Hyannis considering the above 4 comparable properties is $558,789.

 

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
@ 281 Ocean Street 5/8/2003 $390,000 0 Conventional 1,562 0.23 4 1-1 -
  Criteria
A 275 Ocean Street 6/20/2019 $100 0.0 1,540 0.2 5 5-1
B 279 Ocean Street 6/7/2013 $305,000 0.0 Conventional 1,108 0.1 2 2-0
C 288 Ocean Street 11/12/2004 $1 0.0 3,062 0.28 8 4-0
D 298 Ocean Street 2/27/2015 $479,000 0.0 Colonial 1,680 0.14 4 2-0
E 276 Ocean Street 8/4/2017 $285,000 0.0 Ranch 627 0.2 2 1-0
F 261 Ocean Street 8/17/2019 $0 0.0 Conventional 2,206 0.4 3 2-0
G 311 Ocean Street 10/7/1983 $110,000 0.0 Conventional 1,804 0.3 4 3-0
H 296 Ocean Street 7/27/2001 $170,000 0.1 Conventional 1,376 0.12 2 2-0
I 302 Ocean Street 12/12/2007 $1 0.1 Cape Cod 2,634 0.4 3 2-0
J 255 Ocean Street 6/9/2015 $10 0.1 Conventional 1,166 0.25 3 1-0
K 292 Ocean Street 3/15/1987 $1 0.1 Vacant Land 0.11 -
L 271 Ocean Street 2/12/2016 $360,000 0.1 Conventional 671 1.05 3 1-0
M 310 Ocean Street 4/14/2006 $745,000 0.1 1,773 0.19 6 2-0
N 260 Ocean Street 12/15/1986 $100,000 0.1 Vacant Land 0.22 -
O 266 Ocean Street 6/23/1986 $483,000 0.1 Vacant Land 1.1 -
P 319 Ocean Street 2/13/2006 $100 0.1 Conventional 1,254 0.18 3 1-0
Q 294 Ocean Street 12/9/2011 $435,000 0.1 Colonial 2,036 0.23 3 2-1
R 247 Ocean Street 12/8/1972 $0 0.1 Vacant Land 0.47 -
S 20 Old Harbor Road 3/11/2008 $100 0.1 Conventional 814 0.73 2 1-0
T 23 Nantucket Street 6/20/1977 $0 0.1 Vacant Land 0.19 -
U 314 Ocean Street 4/14/2006 $745,000 0.1 3,688 0.6 9 7-0
V 51 Nantucket Street 12/29/2020 $1 0.1 Colonial 2,926 0.73 5 3-1
W 327 Ocean Street 5/19/2008 $580,800 0.1 Cape Cod 2,816 0.23 4 3-0
X 27 Nantucket Street 5/25/2006 $312,000 0.1 Ranch 1,079 0.16 2 1-0
Y 30 Old Harbor Road 3/11/2008 $100 0.1 Cape Cod 1,771 0.39 2 1-0
Z 287 Ocean Street Unit 1 1/9/2009 $100 0.1 Condominium 2,720 0 3 2-1
- 287 Ocean Street Unit 1 BLDG B 10/15/2019 $368,000 0.1 Condominium 1,344 0 2 2-0
- 287 Ocean Street Unit 2 12/29/2017 $125,000 0.1 Condominium 1,684 0 2 2-1
- 287 Ocean Street Unit 3 12/21/2018 $290,000 0.1 Condominium 1,684 0 2 2-1
- 287 Ocean Street Unit 4 9/24/2019 $0 0.1 Condominium 1,684 0 2 2-1
- 287 Ocean Street Unit 1 BLDG C 4/21/2016 $245,000 0.1 Condominium 1,344 0 2 2-0
- 287 Ocean Street Unit 2 BLDG C 2/12/2020 $0 0.1 Condominium 1,684 0 2 2-1
- 287 Ocean Street Unit 3 BLDG C 6/12/2018 $0 0.1 Condominium 1,684 0 2 2-1
- 287 Ocean Street Unit 4 BLDG C 4/3/1998 $108,000 0.1 Condominium 1,684 0 2 2-1
- 287 Ocean Street Unit 1 BLDG D 9/17/2019 $350,000 0.1 Condominium 1,676 0 2 2-1
- 287 Ocean Street Unit 2 BLDG D 3/17/2020 $369,000 0.1 Condominium 1,684 0 2 2-1
- 287 Ocean Street Unit 3 BLDG D 10/9/1998 $117,500 0.1 Condominium 1,780 0 2 2-1
- 331 Ocean Street 5/19/2008 $580,800 0.1 Vacant Land 0.5 -
- 324 Ocean Street 10/2/2018 $0 0.1 Vacant Land 0.37 -
- 242 Ocean Street 5/10/2010 $0 0.1 Conventional 5,344 0.87 7 3-0
- 37 Nantucket Street 7/8/2003 $100 0.1 Vacant Land 0.01 -
- 320 Ocean Street 7/15/1986 $1 0.1 Vacant Land 0.35 -
- 235 Ocean Street 4/29/2016 $976,800 0.1 Restaurant 3,595 0.21 0 0-
- 22 Nantucket Street 4/29/2016 $976,800 0.1 Vacant Land 0.13 -
- 50 Old Harbor Road 3/11/2008 $100 0.1 Colonial 2,524 0.22 4 2-1
- 24 Nantucket Street 6/12/2014 $432,500 0.1 Vacant Land 0.18 -
- 15 Channel Point Road 1/18/1985 $110,000 0.1 Cape Cod 2,022 0.72 4 3-0
- 56 Old Harbor Road 6/29/2018 $950,000 0.1 Modern/Contemp 2,635 0.28 3 3-1
- 73 Nantucket Street 12/15/1972 $0 0.1 Vacant Land 0.07 -
- 230 Ocean Street 4/1/2005 $432,000 0.1 Military 4,525 0.17 0 0-
- 29 Ripple Cove Road 7/20/2005 $100 0.1 Cape Cod 1,658 0.33 3 2-0
- 5 Daisy Hill Road 10/16/1959 $0 0.1 Vacant Land 0.2 -
- 37 Ripple Cove Road 9/21/1992 $100,000 0.1 Raised Ranch 1,100 0.4 4 2-0
- 337 Ocean Street 3/7/2013 $399,000 0.1 3,290 1.18 8 4-0
- 23 Channel Point Road 7/19/1977 $0 0.1 Ranch 768 0.28 2 2-0
- 338 Ocean Street 4/4/2019 $0 0.1 Vacant Land 1.53 -
- 343 Ocean Street 10/7/2022 $525,000 0.1 Conventional 947 0.2 2 1-0
- 25 Ripple Cove Road 9/1/2018 $0 0.1 Raised Ranch 1,535 0.26 4 2-0
- 15 Ripple Cove Road 2/15/2007 $0 0.1 Cape Cod 3,500 0.31 4 4-1
- 64 Old Harbor Road 5/15/1996 $231,000 0.1 Cape Cod 2,990 0.18 4 3-1
- 15 Daisy Bluff Lane 1/20/1984 $0 0.1 Ranch 2,280 0.54 3 2-0
Averages 6948 days $209,787 0.08 --- 1,564 0.3 --- ---  
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
325-022 281 Ocean Street