1 Lancaster Lane, Bourne, MA 02532

Owner Information
Owner 1
Richard E Caffrey
Owner 2
A Caffrey Susan
Owner's Address
1 Lancaster Ln Bourne, MA 02532
Market Sale Information
Most recent sale date
1/23/2015
Previous sale date
8/31/2012
Transfer document #
28647-44
Previous transfer document
26639-326
Grantor
Richard E Caffrey
Previous grantor
Robert P Kempf
Most recent sale price
$1.00
Previous sale price
$382,000.00
Site Information
Property ID
31.0-51-0
Lot Size
0.39
Use Code
101 - Residential, single family
Zoning
1
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
3
Year Built
1989
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2288
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
Gambrel
Heating type
Hot Water
Roof Cover
Asph/Comp Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$198,500.00
Total value
$570,700.00
Building value
$372,200.00
Estimated tax
$4,577.00
Yard improvement value
$0.00
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 1 Lancaster Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1989 Rooms 7 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.39 Roof Cover Asph/Comp Shin AEM Value - Building $372,200.00 AEM Value - Land $198,500.00 AEM Value - Other $0.00 AEM Value - Total $570,700.00
A) 14 Shaker Drive 0.2 7/26/2024 $603,000 1,729 1 $348.76 Ranch 1995 5 3 2 0 Oil 0.34 Asph/Comp Shin $375,200 $194,900 $0 $570,100
B) 6 Shaker Drive 0.3 9/17/2024 $720,000 1,975 1 $364.56 Ranch 2016 4 2 2 1 Gas 0.51 Asph/Comp Shin $572,500 $207,200 $0 $779,700
C) 2 Westerly Drive 0.4 7/18/2024 $797,000 2,156 2 $369.67 Colonial 1981 8 4 2 1 Gas 0.58 Asph/Comp Shin $325,900 $193,300 $15,800 $535,000
D) 8 Grissom Lane 0.4 11/14/2024 $600,000 2,200 1 $272.73 Raised Ranch 1981 7 4 2 0 Oil 0.31 Asph/Comp Shin $276,600 $183,700 $0 $460,300
E) 276 County Road 0.4 12/11/2024 $829,900 2,272 1.5 $365.27 Antique 1755 8 4 2 0 Gas 2.11 Asph/Comp Shin $429,800 $224,000 $15,900 $669,700
F) 2 Silver Birch Lane 0.5 7/15/2024 $500,000 1,752 1 $285.39 Split Level 1978 7 3 2 0 Oil 0.32 Asph/Comp Shin $262,800 $175,800 $0 $438,600
G) 121 Old Dam Road 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Lancaster Lane 1/23/2015 $1 0 Colonial 2,288 0.39 3 2-1 -
  Criteria
A 14 Shaker Drive 7/26/2024 $603,000 0.2 Ranch 1,729 0.34 3 2-0
B 6 Shaker Drive 9/17/2024 $720,000 0.3 Ranch 1,975 0.51 2 2-1
C 2 Westerly Drive 7/18/2024 $797,000 0.4 Colonial 2,156 0.58 4 2-1
D 8 Grissom Lane 11/14/2024 $600,000 0.4 Raised Ranch 2,200 0.31 4 2-0
E 276 County Road 12/11/2024 $829,900 0.4 Antique 2,272 2.11 4 2-0
F 2 Silver Birch Lane 7/15/2024 $500,000 0.5 Split Level 1,752 0.32 3 2-0
G 121 Old Dam Road 7/16/2024 $765,500 0.9 Cape 2,136 1.32 4 2-1
Averages 129 days $687,914 0.45 --- 2,031 0.78 --- ---  

Estimation of Market Value - $717,666

As of today, 01/09/2025, the estimated market value of 1 Lancaster Lane, Bourne considering the above 7 comparable properties is $717,666.

 

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
@ 1 Lancaster Lane 1/23/2015 $1 0 Colonial 2,288 0.39 3 2-1 -
  Criteria
A 6 Friendship Lane 7/30/2003 $1 0.0 Colonial 2,520 0.37 3 3-0
B 3 Lancaster Lane 11/30/2012 $391,850 0.0 Colonial 2,250 0.57 4 2-1
C 25 Shaker Drive 7/28/2020 $475,000 0.0 Cape 2,280 0.38 4 3-0
D 1 Friendship Lane 6/9/2015 $1 0.0 Colonial 2,940 0.41 4 2-1
E 8 Friendship Lane 8/17/2020 $510,000 0.0 Cape 2,272 0.38 3 2-1
F 27 Shaker Drive 9/16/2013 $365,000 0.0 Cape 1,960 0.35 4 2-0
G 21 Shaker Drive 3/23/2018 $410,000 0.1 Colonial 2,432 0.37 4 2-1
H 29 Shaker Drive 8/30/2021 $1 0.1 Cape 2,989 0.36 4 2-1
I 9 Friendship Lane 3/16/2021 $1 0.1 Colonial 2,260 0.35 4 2-1
J 0 Shaker Drive 7/26/1996 $0 0.1 1.95 -
K 7 Lancaster Lane 2/11/1993 $1 0.1 Colonial 2,832 0.68 4 2-1
L 31 Shaker Drive 3/23/2012 $420,000 0.1 Colonial 2,834 0.36 4 2-1
M 26 Shaker Drive 10/22/2018 $1 0.1 Colonial 2,468 0.44 4 2-1
N 11 Friendship Lane 10/16/2015 $435,000 0.1 Cape 2,728 0.36 4 3-0
O 0 Shaker Drive 7/26/1996 $0 0.1 2.01 -
P 28 Shaker Drive 12/8/2021 $1 0.1 Colonial 2,401 0.4 3 2-1
Q 33 Shaker Drive 1/26/2018 $485,000 0.1 Colonial 2,568 0.34 3 2-2
R 30 Shaker Drive 10/28/2019 $490,000 0.1 Cape 2,856 0.35 4 3-0
S 19 Shaker Drive 5/23/1989 $72,000 0.1 Colonial 2,447 0.34 4 2-1
T 16 Quaker Lane 12/19/2017 $705,600 0.1 Colonial 3,712 0.92 4 2-1
U 32 Shaker Drive $0 0.1 Cape 2,925 0.34 3 2-1
V 35 Shaker Drive 11/30/2011 $1 0.1 Contemporary 2,284 0.34 4 2-1
W 17 Shaker Drive 5/25/2022 $1 0.1 Colonial 2,632 0.34 4 3-1
X 18 Quaker Lane 10/15/2019 $200,000 0.1 Colonial 3,188 0.92 4 2-2
Y 34 Shaker Drive 1/27/2016 $375,000 0.1 Cape 1,958 0.34 3 2-1
Averages 4296 days $213,378 0.08 --- 2,389 0.56 --- ---  
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
31 51 0 1 Lancaster Lane