2 Rainbow Circle, Bourne, MA 02532

Owner Information
Owner 1
Brian A Caufield
Owner 2
Owner's Address
2 Rainbow Circle Buzzards Bay, MA 02532
Market Sale Information
Most recent sale date
8/10/2004
Previous sale date
10/8/2003
Transfer document #
18923-89
Previous transfer document
17768-61
Grantor
Robert E Smith
Previous grantor
Robert E Smith
Most recent sale price
$350,000.00
Previous sale price
$100.00
Site Information
Property ID
35.1-166-0
Lot Size
0.56
Use Code
101 - Residential, single family
Zoning
1
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1986
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1666
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Softwood-W/W
Solar Hot Water
No
Roof Structure
Gable
Heating type
Warm-Cool Air
Roof Cover
Asph/Comp Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Vinyl
Assessment Information
Fiscal Year
2024
Land Value
$191,900.00
Total value
$455,700.00
Building value
$248,700.00
Estimated tax
$3,654.00
Yard improvement value
$15,100.00
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 2 Rainbow Circle Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $210.08 Style Colonial Age 1986 Rooms 8 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.56 Roof Cover Asph/Comp Shin AEM Value - Building $248,700.00 AEM Value - Land $191,900.00 AEM Value - Other $15,100.00 AEM Value - Total $455,700.00
A) 112 Valley Bars Road 0.5 8/20/2024 $615,000 1,632 1.75 $376.84 Cape 1985 7 4 2 0 Oil 0.47 Asph/Comp Shin $329,700 $185,500 $0 $515,200
B) 20 Briggs Avenue 0.5 10/8/2024 $475,000 1,310 1 $362.60 Ranch 1979 7 3 2 0 Oil 0.3 Asph/Comp Shin $288,400 $174,200 $1,500 $464,100
C) 2 Silver Birch Lane 0.6 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
D) 26 Tara Terrace 0.6 9/24/2024 $535,000 1,536 1.5 $348.31 Cape 1984 6 3 1 1 Oil 0.5 Asph/Comp Shin $299,800 $187,500 $900 $488,200
E) 67 Cliff Road 0.6 10/18/2024 $580,000 1,280 1 $453.13 Ranch 1981 5 2 4 0 Gas 1.27 Asph/Comp Shin $276,900 $222,100 $0 $499,000
F) 14 Douglas Avenue 0.6 8/7/2024 $601,000 1,478 1 $406.63 Ranch 1976 6 3 2 0 Gas 0.43 Asph/Comp Shin $293,700 $229,000 $0 $522,700
G) 6 Shaker Drive 0.7 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
H) 14 Shaker Drive 0.7 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
I) 25 Bayview Avenue 0.8 11/13/2024 $568,000 1,263 2 $449.72 Colonial 1900 6 4 2 0 Gas 0.15 Asph/Comp Shin $209,500 $204,600 $0 $414,100
J) 48 Bennets Neck Drive 0.8 8/13/2024 $675,000 1,380 1 $489.13 Ranch 1973 4 3 1 1 Gas 0.6 Asph/Comp Shin $277,600 $223,800 $0 $501,400
K) 8 Enterprise Road 0.9 10/24/2024 $410,000 1,621 1.75 $252.93 Cape 1975 8 3 2 0 Gas 0.32 Asph/Comp Shin $367,400 $202,000 $0 $569,400
L) 217 County Road 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Rainbow Circle 8/10/2004 $350,000 0 Colonial 1,666 0.56 4 2-0 -
  Criteria
A 112 Valley Bars Road 8/20/2024 $615,000 0.5 Cape 1,632 0.47 4 2-0
B 20 Briggs Avenue 10/8/2024 $475,000 0.5 Ranch 1,310 0.3 3 2-0
C 2 Silver Birch Lane 7/15/2024 $500,000 0.6 Split Level 1,752 0.32 3 2-0
D 26 Tara Terrace 9/24/2024 $535,000 0.6 Cape 1,536 0.5 3 1-1
E 67 Cliff Road 10/18/2024 $580,000 0.6 Ranch 1,280 1.27 2 4-0
F 14 Douglas Avenue 8/7/2024 $601,000 0.6 Ranch 1,478 0.43 3 2-0
G 6 Shaker Drive 9/17/2024 $720,000 0.7 Ranch 1,975 0.51 2 2-1
H 14 Shaker Drive 7/26/2024 $603,000 0.7 Ranch 1,729 0.34 3 2-0
I 25 Bayview Avenue 11/13/2024 $568,000 0.8 Colonial 1,263 0.15 4 2-0
J 48 Bennets Neck Drive 8/13/2024 $675,000 0.8 Ranch 1,380 0.6 3 1-1
K 8 Enterprise Road 10/24/2024 $410,000 0.9 Cape 1,621 0.32 3 2-0
L 217 County Road 11/15/2024 $525,000 1.0 Antique 1,344 0.21 3 1-0
Averages 114 days $567,250 0.68 --- 1,525 0.45 --- ---  

Estimation of Market Value - $558,709

As of today, 01/08/2025, the estimated market value of 2 Rainbow Circle, Bourne considering the above 12 comparable properties is $558,709.

 

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
@ 2 Rainbow Circle 8/10/2004 $350,000 0 Colonial 1,666 0.56 4 2-0 -
  Criteria
A 27 Pinehurst Drive 5/5/2017 $10 0.0 Raised Ranch 1,746 0.46 3 2-1
B 4 Rainbow Circle 3/15/2017 $325,000 0.0 Contemporary 1,444 0.51 3 1-1
C 25 Pinehurst Drive 12/23/2019 $451,000 0.0 Colonial 1,926 0.57 3 2-0
D 3 Rainbow Circle 2/28/2002 $215,000 0.0 Split Level 2,444 0.5 3 2-0
E 1 Rainbow Circle 7/22/2022 $1 0.0 Colonial 1,856 0.48 4 2-0
F 6 Rainbow Circle 6/30/1997 $110,000 0.1 Split Level 1,480 0.49 3 2-0
G 5 Rainbow Circle 12/9/2021 $1 0.1 Ranch 1,004 0.46 3 1-0
H 26 Pinehurst Drive 4/5/1991 $0 0.1 Split Level 2,156 0.5 3 1-1
I 7 Rainbow Circle 4/28/2006 $345,000 0.1 Colonial 2,530 0.48 5 2-0
J 24 Pinehurst Drive 6/27/2014 $340,000 0.1 Colonial 2,054 0.9 4 2-1
K 0 Valley Bars Road 5/1/1985 $0 0.1 9.28 -
L 77 Valley Bars Road 1/26/2015 $0 0.1 Comm. Center 9,192 4.1 -
M 20 Pinehurst Drive 5/8/2017 $1 0.1 Colonial 1,666 0.53 4 2-0
N 18 Pinehurst Drive 8/19/1993 $114,000 0.1 Raised Ranch 1,468 0.46 3 1-0
O 9 Rainbow Circle $0 0.1 Cape 1,512 0.53 3 1-1
P 22 Pinehurst Drive 8/6/1997 $0 0.1 Cape 1,768 1 3 1-0
Q 16 Pinehurst Drive 5/13/2020 $100 0.1 Split Level 1,606 0.46 3 2-0
R 14 Pinehurst Drive 6/10/2010 $241,900 0.1 Contemporary 1,478 0.46 3 1-1
S 4 Tiffany Road 8/30/2002 $479,270 0.1 Contemporary 3,231 1.78 4 2-1
T 17 Hersey Lane 4/14/2021 $279,000 0.1 Cape 1,528 1.96 3 1-1
U 2 Tiffany Road 8/2/2019 $555,000 0.1 Colonial 3,080 0.98 4 2-1
V 12 Pinehurst Drive 4/4/2022 $465,000 0.1 Cape 1,512 0.46 3 1-1
W 40 Howard Avenue 8/30/2021 $315,000 0.1 Ranch 1,008 0.31 3 1-0
X 38 Howard Avenue 5/25/1994 $102,900 0.1 Ranch 960 0.3 3 1-0
Y 42 Howard Avenue 12/20/2024 $550,000 0.1 Ranch 1,168 0.31 2 1-0
Z 36 Howard Avenue 9/11/2020 $1 0.1 Raised Ranch 1,444 0.31 3 1-0
- 44 Howard Avenue 2/6/2009 $200,000 0.1 Cape 2,394 0.31 3 2-0
Averages 5106 days $188,451 0.08 --- 1,987 1.07 --- ---  
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
35.1 166 0 2 Rainbow Circle