8 Olde Forge Lane, Bourne, MA 02532

8 Olde Forge Lane Bourne MA 02532
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Owner Information
Owner 1
Joanne Morganti
Owner 2
Joanne Morganti Family Trust
Owner's Address
8 Olde Forge Lane Bourne, MA 02532
Market Sale Information
Most recent sale date
3/24/2021
Previous sale date
11/27/2020
Transfer document #
33934-164
Previous transfer document
33517-284
Grantor
Joanne Morganti
Previous grantor
Richard O Hill
Most recent sale price
$10.00
Previous sale price
$1.00
Site Information
Property ID
26.2-140-0
Lot Size
0.49
Use Code
101 - Residential, single family
Zoning
1
Building Style
Colonial
Number of Rooms
5
Stories
1.75
Number of Beds
2
Year Built
1991
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1716
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Saltbox
Heating type
Hot Water
Roof Cover
Asph/Comp Shin
Heating fuel
Oil
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$234,400.00
Total value
$584,600.00
Building value
$348,400.00
Estimated tax
$4,688.00
Yard improvement value
$1,800.00
Flood Map MassMapper Google Street View
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 8 Olde Forge Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.01 Style Colonial Age 1991 Rooms 5 Bedrooms 2 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.49 Roof Cover Asph/Comp Shin AEM Value - Building $348,400.00 AEM Value - Land $234,400.00 AEM Value - Other $1,800.00 AEM Value - Total $584,600.00
A) 8 Anne Lane 0.2 10/15/2024 $799,000 1,577 1.75 $506.66 Cape 1996 4 2 2 0 Oil 1.64 Asph/Comp Shin $353,800 $286,700 $0 $640,500
B) 53 Monument Neck Road 0.3 10/18/2024 $805,000 1,745 1.75 $461.32 Cape 1972 6 4 2 0 Oil 0.32 Asph/Comp Shin $301,200 $201,700 $900 $503,800
C) 5 Bell Road Extension 0.3 7/31/2024 $550,000 1,462 2 $376.20 Conventional 1900 5 2 1 0 Oil 0.52 Asph/Comp Shin $219,600 $416,600 $8,400 $644,600
D) 41 Seabreeze Drive 0.4 11/8/2024 $700,000 1,629 1.75 $429.71 Cape 1986 5 3 2 0 Gas 0.3 Asph/Comp Shin $294,400 $235,000 $1,200 $530,600
E) 121 Old Dam Road 0.4 7/16/2024 $765,500 2,136 1.75 $358.38 Cape 1999 8 4 2 1 Gas 1.32 Asph/Comp Shin $396,600 $307,700 $2,800 $707,100
F) 217 County Road 0.8 11/15/2024 $525,000 1,344 1.5 $390.63 Antique 1798 6 3 1 0 Oil 0.21 Asph/Comp Shin $300,800 $159,300 $9,700 $469,800
G) 8 Harrison Avenue 0.8 11/5/2024 $437,500 1,569 2 $278.84 Conventional 1929 7 4 2 0 Oil 0.51 Asph/Comp Shin $270,500 $188,500 $11,200 $470,200
H) 38 Keene Street 0.9 7/15/2024 $745,000 1,923 1 $387.42 Ranch 1952 6 2 2 0 Oil 0.63 Asph/Comp Shin $342,100 $245,700 $13,300 $601,100
I) 35 Lincoln Avenue 1.0 11/8/2024 $1,050,000 2,100 2 $500.00 Conventional 1882 7 3 1 1 Gas 0.16 Asph/Comp Shin $454,800 $246,800 $14,000 $715,600
J) 34 Lincoln Avenue 1.0 7/31/2024 $471,000 1,725 1.5 $273.04 Conventional 1900 9 4 2 0 Oil 0.34 Asph/Comp Shin $265,500 $185,900 $12,900 $464,300
K) 6 Perry Avenue 1.0 11/14/2024 $480,000 1,428 1 $336.13 Ranch 1949 6 2 1 0 Gas 0.3 Asph/Comp Shin $214,900 $164,500 $0 $379,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Olde Forge Lane 3/24/2021 $10 0 Colonial 1,716 0.49 2 2-0 -
  Criteria
A 8 Anne Lane 10/15/2024 $799,000 0.2 Cape 1,577 1.64 2 2-0
B 53 Monument Neck Road 10/18/2024 $805,000 0.3 Cape 1,745 0.32 4 2-0
C 5 Bell Road Extension 7/31/2024 $550,000 0.3 Conventional 1,462 0.52 2 1-0
D 41 Seabreeze Drive 11/8/2024 $700,000 0.4 Cape 1,629 0.3 3 2-0
E 121 Old Dam Road 7/16/2024 $765,500 0.4 Cape 2,136 1.32 4 2-1
F 217 County Road 11/15/2024 $525,000 0.8 Antique 1,344 0.21 3 1-0
G 8 Harrison Avenue 11/5/2024 $437,500 0.8 Conventional 1,569 0.51 4 2-0
H 38 Keene Street 7/15/2024 $745,000 0.9 Ranch 1,923 0.63 2 2-0
I 35 Lincoln Avenue 11/8/2024 $1,050,000 1.0 Conventional 2,100 0.16 3 1-1
J 34 Lincoln Avenue 7/31/2024 $471,000 1.0 Conventional 1,725 0.34 4 2-0
K 6 Perry Avenue 11/14/2024 $480,000 1.0 Ranch 1,428 0.3 2 1-0
Averages 105 days $666,182 0.65 --- 1,694 0.57 --- ---  

Estimation of Market Value - $686,940

As of today, 01/09/2025, the estimated market value of 8 Olde Forge Lane, Bourne considering the above 11 comparable properties is $686,940.

 

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
@ 8 Olde Forge Lane 3/24/2021 $10 0 Colonial 1,716 0.49 2 2-0 -
  Criteria
A 6 Olde Forge Lane 9/20/2016 $385,000 0.0 Cape 1,656 0.63 4 2-0
B 7 Olde Forge Lane 6/21/2016 $1 0.0 Cape 1,439 0.64 2 1-0
C 9 Olde Forge Lane 3/11/2013 $1 0.0 Colonial 2,016 0.48 4 2-1
D 0 Back River Road 2/27/1997 $0 0.1 2.15 -
E 175 Shore Road 1/6/1989 $125,000 0.1 Conventional 1,529 0.81 3 1-0
F 185 Shore Road 2/15/2024 $290,000 0.1 5.28 -
G 48 Back River Road 12/15/2011 $0 0.1 Ranch 1,230 1 4 2-0
H 52 Back River Road 7/24/1998 $0 0.1 0.49 -
I 171 Shore Road 11/27/1979 $0 0.1 Conventional 1,358 0.38 2 1-0
J 4 Olde Forge Lane 12/4/2013 $1 0.1 Cape 1,764 0.46 3 2-0
K 0 Olde Forge Lane 5/13/1998 $0 0.1 2.18 -
L 179 Shore Road 11/5/2021 $350,000 0.1 Antique 1,285 0.57 3 1-1
M 183 Shore Road 8/21/2014 $600,000 0.1 Conven. Store 4,143 0.86 -
N 169 Shore Road 11/4/2022 $505,000 0.1 Colonial 1,832 0.46 3 1-0
O 3 Olde Forge Lane 10/26/2009 $0 0.1 Colonial 2,756 0.82 4 2-1
P 46 Back River Road 8/29/2022 $1 0.1 Cape 1,547 0.5 3 2-0
Q 2 Olde Forge Lane 10/22/2014 $0 0.1 Cape 3,569 0.47 4 3-1
R 0 Back River Road 12/20/2013 $0 0.1 0.38 -
S 1 Olde Forge Lane 9/4/2019 $100 0.1 Cape 2,581 0.48 3 2-1
T 3 Old Dam Road 2/26/2009 $180,050 0.1 Colonial 2,604 2.69 4 3-1
U 47 Back River Road 12/20/2013 $0 0.1 784 1.3 -
V 172 Shore Road 3/28/2023 $605,000 0.1 Conventional 1,894 0.31 3 2-0
W 151 Shore Road 6/8/2001 $1 0.1 Conventional 828 0.41 2 1-0
X 7 Anne Lane 11/7/2006 $100 0.1 Ranch 1,218 0.72 3 2-0
Y 0 Back River Road 1/14/2016 $1 0.1 2.1 -
Z 170 Shore Road 2/27/2007 $1 0.1 Colonial 1,612 0.29 2 2-0
- 5 Anne Lane 8/25/2003 $425,000 0.1 Split Level 2,528 0.59 4 4-0
Averages 5338 days $128,343 0.08 --- 1,488 1.02 --- ---  
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
26.2 140 0 8 Olde Forge Lane