12 Penelope Road, Bourne, MA 02532

Owner Information
Owner 1
Jeffrey A Rakers
Owner 2
Kristen M Rakers
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
4/16/2024
Previous sale date
12/6/2013
Transfer document #
36314-134
Previous transfer document
27867-211
Grantor
Brian P Gannon
Previous grantor
Patricia M Szlyk
Most recent sale price
$866,000.00
Previous sale price
$435,000.00
Site Information
Property ID
35.1-198-0
Lot Size
0.92
Use Code
101 - Residential, single family
Zoning
Building Style
Contemporary
Number of Rooms
5
Stories
1
Number of Beds
2
Year Built
2002
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1790
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
Hip
Heating type
Ht Water Cl Air
Roof Cover
Asph/Comp Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$227,300.00
Total value
$739,600.00
Building value
$512,300.00
Estimated tax
$5,931.00
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 12 Penelope Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $483.80 Style Contemporary Age 2002 Rooms 5 Bedrooms 2 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.92 Roof Cover Asph/Comp Shin AEM Value - Building $512,300.00 AEM Value - Land $227,300.00 AEM Value - Other $0.00 AEM Value - Total $739,600.00
A) 8 Grissom Lane 0.3 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
B) 14 Douglas Avenue 0.4 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
C) 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
D) 112 Valley Bars Road 0.7 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
E) 48 Bennets Neck Drive 0.7 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
F) 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
G) 2 Silver Birch Lane 0.8 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
H) 2 Westerly Drive 0.8 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
I) 8 Enterprise Road 0.8 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
J) 26 Tara Terrace 0.8 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
K) 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
@ 12 Penelope Road 4/16/2024 $866,000 0 Contemporary 1,790 0.92 2 2-0 -
  Criteria
A 8 Grissom Lane 11/14/2024 $600,000 0.3 Raised Ranch 2,200 0.31 4 2-0
B 14 Douglas Avenue 8/7/2024 $601,000 0.4 Ranch 1,478 0.43 3 2-0
C 6 Shaker Drive 9/17/2024 $720,000 0.7 Ranch 1,975 0.51 2 2-1
D 112 Valley Bars Road 8/20/2024 $615,000 0.7 Cape 1,632 0.47 4 2-0
E 48 Bennets Neck Drive 8/13/2024 $675,000 0.7 Ranch 1,380 0.6 3 1-1
F 14 Shaker Drive 7/26/2024 $603,000 0.7 Ranch 1,729 0.34 3 2-0
G 2 Silver Birch Lane 7/15/2024 $500,000 0.8 Split Level 1,752 0.32 3 2-0
H 2 Westerly Drive 7/18/2024 $797,000 0.8 Colonial 2,156 0.58 4 2-1
I 8 Enterprise Road 10/24/2024 $410,000 0.8 Cape 1,621 0.32 3 2-0
J 26 Tara Terrace 9/24/2024 $535,000 0.8 Cape 1,536 0.5 3 1-1
K 217 County Road 11/15/2024 $525,000 1.0 Antique 1,344 0.21 3 1-0
Averages 126 days $598,273 0.69 --- 1,709 0.42 --- ---  

Estimation of Market Value - $729,228

As of today, 01/09/2025, the estimated market value of 12 Penelope Road, Bourne considering the above 11 comparable properties is $729,228.

 

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
@ 12 Penelope Road 4/16/2024 $866,000 0 Contemporary 1,790 0.92 2 2-0 -
  Criteria
A 9 Tiffany Road 8/26/2003 $516,000 0.0 Colonial 2,809 0.93 3 2-1
B 18 Penelope Road 12/30/2002 $410,870 0.0 Colonial 2,276 0.93 3 2-1
C 14 Tiffany Road 5/27/2015 $1 0.1 Colonial 2,182 0.92 4 2-1
D 9 Penelope Road 5/8/2017 $1 0.1 Contemporary 2,510 0.92 4 2-1
E 16 Tiffany Road 11/9/2022 $775,000 0.1 Colonial 2,698 0.92 4 3-1
F 11 Penelope Road 7/14/2016 $515,000 0.1 Contemporary 2,464 0.92 3 2-0
G 6 Penelope Road 9/9/2013 $461,000 0.1 Ranch 2,440 0.92 3 2-1
H 12 Tiffany Road 8/15/2003 $559,500 0.1 Contemporary 2,681 0.92 4 3-0
I 7 Penelope Road 1/13/2023 $1 0.1 Colonial 3,513 0.92 4 3-1
J 7 Tiffany Road 8/23/2013 $413,300 0.1 Colonial 2,388 0.93 4 2-1
K 21 Tiffany Road 10/29/2013 $160,000 0.1 Contemporary 2,386 0.93 3 2-1
L 15 Penelope Road 8/1/2003 $410,000 0.1 Colonial 1,888 0.96 4 2-1
M 19 Penelope Road 7/15/2002 $425,000 0.1 Contemporary 2,900 0.93 4 2-1
N 17 Penelope Road 9/4/2002 $342,500 0.1 Ranch 1,960 0.94 2 2-0
O 18 Tiffany Road 1/11/2017 $505,000 0.1 Contemporary 2,750 0.92 4 3-1
P 5 Penelope Road 12/3/2013 $1 0.1 Contemporary 3,612 0.93 4 2-1
Q 10 Tiffany Road 4/12/2002 $403,200 0.1 Contemporary 3,008 0.92 4 2-2
R 16 Howard Avenue 11/25/2002 $82,000 0.1 Ranch 864 0.31 2 1-0
S 14 Howard Avenue 3/5/2021 $370,000 0.1 Raised Ranch 1,608 0.31 3 1-1
T 18 Howard Avenue 1/19/2023 $1 0.1 Ranch 960 0.31 3 1-0
U 12 Howard Avenue 8/29/2016 $240,000 0.1 Split Level 1,580 0.31 3 2-0
V 3 Penelope Road 8/19/2016 $1 0.1 Colonial 2,705 0.92 3 2-1
W 11 Hersey Lane 4/1/2008 $1 0.1 Cape 1,332 1 3 1-1
X 8 Tiffany Road 2/17/2006 $1 0.1 Colonial 2,210 0.93 4 3-0
Y 20 Howard Avenue 5/8/1995 $111,500 0.1 Cape 1,056 0.32 2 1-0
Z 0 Penelope Road 6/20/2012 $0 0.1 0.51 -
- 9 Hersey Lane 3/15/2018 $245,000 0.1 Ranch 1,008 2.24 2 1-0
- 10 Howard Avenue 2/16/2023 $1 0.1 Split Level 1,836 0.31 3 2-0
- 22 Howard Avenue 4/19/2006 $1 0.1 Ranch 816 0.34 3 1-0
- 8 Howard Avenue 6/5/2006 $270,000 0.1 Raised Ranch 1,852 0.34 4 2-0
- 2 Tiffany Road 8/2/2019 $555,000 0.1 Colonial 3,080 0.98 4 2-1
Averages 4842 days $250,641 0.09 --- 2,109 0.8 --- ---  
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
35.1 198 0 12 Penelope Road