298 Ocean Street, Hyannis, MA 02601

Owner Information
Owner 1
Portia Stephens Valero & Shane Richard
Owner 2
Owner's Address
8 Spruce Street Nantucket, MA 02554
Market Sale Information
Most recent sale date
2/27/2015
Previous sale date
6/1/2009
Transfer document #
28709-0187
Previous transfer document
23758-0239
Grantor
Michah J Field
Previous grantor
Michah J Field
Most recent sale price
$479,000.00
Previous sale price
$1.00
Site Information
Property ID
325-050
Lot Size
0.14
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
4
Year Built
1915
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1680
Number of Kitchen
Gross Living Area
2840
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
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
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$298,400.00
Total value
$759,600.00
Building value
$429,900.00
Estimated tax
$5,558.00
Yard improvement value
$31,300.00
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 298 Ocean Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $285.12 Style Colonial Age 1915 Rooms 7 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 2840 Heating Fuel Gas Detached Garage Lot Size 0.14 Roof Cover Asph/F Gls/Cmp AEM Value - Building $429,900.00 AEM Value - Land $298,400.00 AEM Value - Other $31,300.00 AEM Value - Total $759,600.00
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) 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
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) 11 Cumner Street 0.6 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
E) 24 Murphy Road 0.8 9/30/2024 $660,000 2,092 2.15 $315.49 Antique 1947 7 3 1 1 4184 Oil 0.41 Asph/F Gls/Cmp $402,500 $138,800 $26,900 $568,200
F) 64 Studley Road 0.9 11/22/2024 $841,000 1,801 1.5 $466.96 Cape Cod 1953 7 3 2 0 4047 Gas 0.2 Asph/F Gls/Cmp $379,000 $436,700 $42,700 $858,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 298 Ocean Street 2/27/2015 $479,000 0 Colonial 1,680 0.14 4 2-0 -
  Criteria
A 5 Snow Creek Drive 7/16/2024 $400,000 0.4 Ranch 1,334 0.2 3 2-0
B 58 Chase Street 10/15/2024 $575,000 0.4 Conventional 1,474 0.25 3 2-0
C 61 Chase Street 8/6/2024 $51,020 0.4 Antique 1,536 0.13 4 1-1
D 11 Cumner Street 11/7/2024 $785,000 0.6 Cape Cod 1,682 0.12 3 2-0
E 24 Murphy Road 9/30/2024 $660,000 0.8 Antique 2,092 0.41 3 1-1
F 64 Studley Road 11/22/2024 $841,000 0.9 Cape Cod 1,801 0.2 3 2-0
Averages 61 days $552,003 0.59 --- 1,653 0.22 --- ---  

Estimation of Market Value - $637,031

As of today, 11/25/2024, the estimated market value of 298 Ocean Street, Hyannis considering the above 6 comparable properties is $637,031.

 

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
@ 298 Ocean Street 2/27/2015 $479,000 0 Colonial 1,680 0.14 4 2-0 -
  Criteria
A 302 Ocean Street 12/12/2007 $1 0.0 Cape Cod 2,634 0.4 3 2-0
B 288 Ocean Street 11/12/2004 $1 0.0 3,062 0.28 8 4-0
C 296 Ocean Street 7/27/2001 $170,000 0.0 Conventional 1,376 0.12 2 2-0
D 310 Ocean Street 4/14/2006 $745,000 0.0 1,773 0.19 6 2-0
E 281 Ocean Street 5/8/2003 $390,000 0.0 Conventional 1,562 0.23 4 1-1
F 292 Ocean Street 3/15/1987 $1 0.0 Vacant Land 0.11 -
G 294 Ocean Street 12/9/2011 $435,000 0.0 Colonial 2,036 0.23 3 2-1
H 314 Ocean Street 4/14/2006 $745,000 0.0 3,688 0.6 9 7-0
I 311 Ocean Street 10/7/1983 $110,000 0.0 Conventional 1,804 0.3 4 3-0
J 20 Old Harbor Road 3/11/2008 $100 0.0 Conventional 814 0.73 2 1-0
K 276 Ocean Street 8/4/2017 $285,000 0.0 Ranch 627 0.2 2 1-0
L 275 Ocean Street 6/20/2019 $100 0.0 1,540 0.2 5 5-1
M 319 Ocean Street 2/13/2006 $100 0.1 Conventional 1,254 0.18 3 1-0
N 320 Ocean Street 7/15/1986 $1 0.1 Vacant Land 0.35 -
O 324 Ocean Street 10/2/2018 $0 0.1 Vacant Land 0.37 -
P 279 Ocean Street 6/7/2013 $305,000 0.1 Conventional 1,108 0.1 2 2-0
Q 30 Old Harbor Road 3/11/2008 $100 0.1 Cape Cod 1,771 0.39 2 1-0
R 327 Ocean Street 5/19/2008 $580,800 0.1 Cape Cod 2,816 0.23 4 3-0
S 266 Ocean Street 6/23/1986 $483,000 0.1 Vacant Land 1.1 -
T 50 Old Harbor Road 3/11/2008 $100 0.1 Colonial 2,524 0.22 4 2-1
U 261 Ocean Street 8/17/2019 $0 0.1 Conventional 2,206 0.4 3 2-0
V 260 Ocean Street 12/15/1986 $100,000 0.1 Vacant Land 0.22 -
W 56 Old Harbor Road 6/29/2018 $950,000 0.1 Modern/Contemp 2,635 0.28 3 3-1
X 29 Ripple Cove Road 7/20/2005 $100 0.1 Cape Cod 1,658 0.33 3 2-0
Y 331 Ocean Street 5/19/2008 $580,800 0.1 Vacant Land 0.5 -
Z 37 Ripple Cove Road 9/21/1992 $100,000 0.1 Raised Ranch 1,100 0.4 4 2-0
- 25 Ripple Cove Road 9/1/2018 $0 0.1 Raised Ranch 1,535 0.26 4 2-0
- 255 Ocean Street 6/9/2015 $10 0.1 Conventional 1,166 0.25 3 1-0
- 338 Ocean Street 4/4/2019 $0 0.1 Vacant Land 1.53 -
- 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
- 271 Ocean Street 2/12/2016 $360,000 0.1 Conventional 671 1.05 3 1-0
- 5 Daisy Hill Road 10/16/1959 $0 0.1 Vacant Land 0.2 -
- 45 Ripple Cove Road 6/29/2018 $519,000 0.1 Cape Cod 1,862 0.2 5 2-0
- 15 Channel Point Road 1/18/1985 $110,000 0.1 Cape Cod 2,022 0.72 4 3-0
- 242 Ocean Street 5/10/2010 $0 0.1 Conventional 5,344 0.87 7 3-0
- 247 Ocean Street 12/8/1972 $0 0.1 Vacant Land 0.47 -
- 343 Ocean Street 10/7/2022 $525,000 0.1 Conventional 947 0.2 2 1-0
- 337 Ocean Street 3/7/2013 $399,000 0.1 3,290 1.18 8 4-0
- 352 Ocean Street 10/7/2002 $1 0.1 Conventional 1,173 0.21 3 1-0
- 87 Bay Shore Road 12/22/2023 $1,299,000 0.1 Colonial 3,104 0.2 4 2-1
- 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
- 67 Old Harbor Road 12/16/2020 $675,000 0.1 Cape Cod 2,628 0.41 4 3-1
- 23 Nantucket Street 6/20/1977 $0 0.1 Vacant Land 0.19 -
- 13 Daisy Hill Road 3/22/2005 $0 0.1 Vacant Land 0.25 -
- 32 Ripple Cove Road 11/15/1992 $132,000 0.1 Cape Cod 1,556 0.18 4 2-0
- 26 Ripple Cove Road 10/9/2015 $657,500 0.1 Gas Mart 2,493 0.17 4 3-1
- 353 Ocean Street 8/16/2017 $0 0.1 Conventional 1,363 0.24 3 2-0
- 51 Nantucket Street 12/29/2020 $1 0.1 Colonial 2,926 0.73 5 3-1
- 44 Ripple Cove Road 11/19/2009 $0 0.1 Cape Cod 2,104 0.23 4 1-1
- 27 Nantucket Street 5/25/2006 $312,000 0.1 Ranch 1,079 0.16 2 1-0
- 101 Bay Shore Road 9/22/2016 $1,200,000 0.1 Vacant Land 0.19 -
- 63 Ripple Cove Road 3/6/2001 $1 0.1 Cape Cod 726 0.19 2 1-0
- 235 Ocean Street 4/29/2016 $976,800 0.1 Restaurant 3,595 0.21 0 0-
- 12 Iyanough Road 1/23/2015 $282,250 0.1 Ranch 768 0.19 2 1-0
- 360 Ocean Street 10/29/2001 $250,000 0.1 Conventional 1,863 0.16 3 1-1
- 22 Iyanough Road 8/28/2015 $293,000 0.1 Cape Cod 1,059 0.23 2 1-0
- 15 Daisy Bluff Lane 1/20/1984 $0 0.1 Ranch 2,280 0.54 3 2-0
- 65 Bay Shore Road 1/13/2012 $560,000 0.1 Colonial 2,786 0.24 3 3-0
- 23 Channel Point Road 7/19/1977 $0 0.1 Ranch 768 0.28 2 2-0
- 54 Ripple Cove Road 12/11/2019 $517,500 0.1 Raised Ranch 1,122 0.23 4 2-0
- 22 Nantucket Street 4/29/2016 $976,800 0.1 Vacant Land 0.13 -
- 37 Nantucket Street 7/8/2003 $100 0.1 Vacant Land 0.01 -
Averages 6464 days $246,335 0.09 --- 1,559 0.29 --- ---  
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
325-050 298 Ocean Street