243 South Street, Hyannis, MA 02601

Owner Information
Owner 1
John H Garabedian
Owner 2
Owner's Address
24 Fairview Drive Southborough, MA 01772
Market Sale Information
Most recent sale date
5/13/2015
Previous sale date
7/19/2012
Transfer document #
28863-0146
Previous transfer document
26513-0219
Grantor
John H Garabedian
Previous grantor
Anne R Murphy
Most recent sale price
$1.00
Previous sale price
$380,000.00
Site Information
Property ID
326-005
Lot Size
0.53
Use Code
340 - General Office Buildings
Zoning
SF
Building Style
Finan Inst.
Number of Rooms
Stories
2
Number of Beds
0
Year Built
1910
Number of full baths
0
Condition
Number of half baths
2
Finished Area
2766
Number of Kitchen
Gross Living Area
4686
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Air
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$201,200.00
Total value
$512,800.00
Building value
$280,200.00
Estimated tax
$5,091.00
Yard improvement value
$31,400.00
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 243 South Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Finan Inst. Age 1910 Rooms Bedrooms 0 Full baths 0 Half baths 2 Gross Living Area 4686 Heating Fuel Gas Detached Garage Lot Size 0.53 Roof Cover Asph/F Gls/Cmp AEM Value - Building $280,200.00 AEM Value - Land $201,200.00 AEM Value - Other $31,400.00 AEM Value - Total $512,800.00
A) 11 Potter Avenue 0.6 3/29/2024 $815,000 3,374 1.5 $241.55 Office Bldg 2000 0 0 5382 Gas 0.18 Asph/F Gls/Cmp $464,400 $118,400 $5,100 $587,900
B) 282 Barnstable Road 0.7 4/17/2024 $1,250,000 2,252 1 $555.06 Finan Inst. 1954 0 1 1 4519 Gas 0.51 Asph/F Gls/Cmp $217,200 $221,200 $97,200 $535,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 243 South Street 5/13/2015 $1 0 Finan Inst. 2,766 0.53 0 0-2 -
  Criteria
A 11 Potter Avenue 3/29/2024 $815,000 0.6 Office Bldg 3,374 0.18 0 0-
B 282 Barnstable Road 4/17/2024 $1,250,000 0.7 Finan Inst. 2,252 0.51 0 1-1
Averages 166 days $1,032,500 0.65 --- 2,813 0.34 --- ---  

Estimation of Market Value - $978,889

As of today, 09/20/2024, the estimated market value of 243 South Street, Hyannis considering the above 2 comparable properties is $978,889.

 

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
@ 243 South Street 5/13/2015 $1 0 Finan Inst. 2,766 0.53 0 0-2 -
  Criteria
A 251 South Street 3/27/2019 $350,000 0.0 Finan Inst. 1,907 0.23 0 2-0
B 80 Pearl Street 3/10/2020 $320,000 0.0 Colonial 3,021 0.94 1 0-3
C 261 South Street 7/1/1960 $0 0.0 Colonial 3,087 0.38 5 5-1
D 225 South Street 10/5/2006 $0 0.0 Office/Apt 14,454 2.15 0 0-
E 50 Pearl Street 9/21/2007 $0 0.1 Cape Cod 1,830 0.21 5 2-0
F 46 Pearl Street 3/15/2007 $365,000 0.1 Conventional 2,357 0.15 3 1-0
G 75 Pearl Street 6/15/2007 $100 0.1 2,262 0.2 6 5-0
H 83 Pearl Street 12/15/1962 $0 0.1 Conventional 7,286 3.45 0 0-
I 38 Pearl Street 10/30/2015 $290,000 0.1 Finan Inst. 2,476 0.18 2 1-2
J 274 South Street 1/23/2019 $425,000 0.1 2,375 0.16 5 4-0
K 397 Main Street 4/25/1917 $0 0.1 City/Town Hall 9,108 3.41 0 0-
L 32 Pearl Street 1/3/2018 $100 0.1 Conventional 884 0.1 2 1-0
M 289 South Street 10/4/1948 $0 0.1 Conventional 1,912 1.15 2 2-0
N 367 Main Street 2/4/1954 $0 0.1 City/Town Hall 29,407 5.01 1 0-
O 286 South Street 4/3/2009 $542,500 0.1 Finan Inst. 4,788 0.25 -
P 39 Pearl Street 7/28/2020 $250,000 0.1 Family Duplex 1,612 0.38 4 2-2
Q 365 Old Colony Road 11/26/1930 $0 0.1 Warehouse 1,068 4.29 -
R 20 Pearl Street 8/31/2010 $800,000 0.1 Conventional 2,262 0.33 1 3-
S 31 Pearl Street 6/26/2019 $1,200,000 0.1 Vacant Land 0.33 -
T 299 South Street 2/6/1997 $325,000 0.1 Vacant Land 0.61 -
U 0 Pearl Street 3/15/1981 $0 0.1 Vacant Land 0.15 -
V 300 South Street 7/15/1984 $80,000 0.1 Vacant Land 0.64 -
W 401 Main Street-Lot 13 10/7/1913 $0 0.1 Library 8,606 0.75 0 3-
X 49 Ocean Street 12/17/1955 $0 0.1 Telephone Bldg 36,618 0.75 0 0-
Y 118 High School Road 6/15/1986 $81,000 0.1 Apartments 11,102 0.9 25 25-0
Z 385 Main Street 4/23/1937 $0 0.1 Post Office - Branch 11,577 1.15 0 0-
- 0 Old Colony Road 11/26/1930 $0 0.1 Vacant Land 0.06 -
- 101 Ocean Street 12/13/2022 $875,000 0.1 Cape Cod 1,496 0.46 3 2-1
- 427 Main Street 10/17/2005 $1,800,000 0.1 Furn Showroom 33,932 0.57 0 0-
- 111 Ocean Street 12/20/2019 $1 0.1 Apartments 2,753 0.45 5 2-0
Averages 13998 days $256,790 0.09 --- 6,606 0.99 --- ---  
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
326-005 243 South Street