5 Observatory Lane, Pocasset, MA 02559

5 Observatory Lane Pocasset MA 02559
Owner Information
Owner 1
Steven F Reid
Owner 2
J Reid Debra
Owner's Address
59 Hamilton Ave Dedham, MA 02026
Market Sale Information
Most recent sale date
10/21/2002
Previous sale date
7/29/1992
Transfer document #
15772-61
Previous transfer document
08133-00227
Grantor
Debra J Charbonneau
Previous grantor
Most recent sale price
$1.00
Previous sale price
$25,000.00
Site Information
Property ID
39.0-16-0
Lot Size
0.23
Use Code
101 - Residential, single family
Zoning
1
Building Style
Colonial
Number of Rooms
6
Stories
2
Number of Beds
3
Year Built
2000
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1872
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
Gable
Heating type
Forced Air
Roof Cover
Asph/Comp Shin
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Vinyl
Assessment Information
Fiscal Year
2024
Land Value
$169,300.00
Total value
$461,700.00
Building value
$292,400.00
Estimated tax
$3,702.00
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 5 Observatory Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 2000 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.23 Roof Cover Asph/Comp Shin AEM Value - Building $292,400.00 AEM Value - Land $169,300.00 AEM Value - Other $0.00 AEM Value - Total $461,700.00
A) 174 Barlows Landing Road 0.1 8/30/2024 $527,500 1,826 2 $288.88 Colonial 1973 8 4 1 1 Gas 0.29 Asph/Comp Shin $278,900 $182,100 $8,200 $469,200
B) 4 Gunstock Circle 0.4 8/30/2024 $585,000 1,441 1.75 $405.97 Cape 1983 5 3 2 0 Oil 0.46 Asph/Comp Shin $297,900 $185,000 $800 $483,700
C) 271 Barlows Landing Road 0.4 8/15/2024 $719,000 1,526 1 $471.17 Ranch 1966 5 3 2 0 Gas 0.99 Asph/Comp Shin $349,200 $228,500 $5,600 $583,300
D) 289 Barlows Landing Road 0.5 9/17/2024 $800,000 1,966 1 $406.92 Ranch 1973 6 3 2 0 Gas 1.27 Asph/Comp Shin $368,800 $233,200 $0 $602,000
E) 8 Enterprise Road 0.5 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
F) 19 Dollins Road 0.5 12/10/2024 $560,000 1,748 1 $320.37 Raised Ranch 1972 6 3 2 0 Gas 0.26 Asph/Comp Shin $244,700 $206,000 $0 $450,700
G) 49 King Phillip Road 0.8 11/15/2024 $718,000 1,540 1.75 $466.23 Cape 1940 6 3 1 0 Oil 0.34 Asph/Comp Shin $281,600 $282,500 $15,700 $579,800
H) 32 Bellavista Drive 0.9 11/29/2024 $958,000 1,612 1 $594.29 Ranch 1976 5 3 2 0 Gas 0.23 Asph/Comp Shin $383,300 $305,100 $400 $688,800
I) 38 Saco Avenue 1.0 12/19/2024 $1,150,000 2,216 1.75 $518.95 Conventional 1900 7 4 2 0 Gas 0.11 Asph/Comp Shin $486,700 $484,400 $0 $971,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Observatory Lane 10/21/2002 $1 0 Colonial 1,872 0.23 3 2-0 -
  Criteria
A 174 Barlows Landing Road 8/30/2024 $527,500 0.1 Colonial 1,826 0.29 4 1-1
B 4 Gunstock Circle 8/30/2024 $585,000 0.4 Cape 1,441 0.46 3 2-0
C 271 Barlows Landing Road 8/15/2024 $719,000 0.4 Ranch 1,526 0.99 3 2-0
D 289 Barlows Landing Road 9/17/2024 $800,000 0.5 Ranch 1,966 1.27 3 2-0
E 8 Enterprise Road 10/24/2024 $410,000 0.5 Cape 1,621 0.32 3 2-0
F 19 Dollins Road 12/10/2024 $560,000 0.5 Raised Ranch 1,748 0.26 3 2-0
G 49 King Phillip Road 11/15/2024 $718,000 0.8 Cape 1,540 0.34 3 1-0
H 32 Bellavista Drive 11/29/2024 $958,000 0.9 Ranch 1,612 0.23 3 2-0
I 38 Saco Avenue 12/19/2024 $1,150,000 1.0 Conventional 2,216 0.11 4 2-0
Averages 82 days $714,167 0.56 --- 1,722 0.47 --- ---  

Estimation of Market Value - $663,116

As of today, 01/07/2025, the estimated market value of 5 Observatory Lane, Pocasset considering the above 9 comparable properties is $663,116.

 

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
@ 5 Observatory Lane 10/21/2002 $1 0 Colonial 1,872 0.23 3 2-0 -
  Criteria
A 3 Observatory Lane 4/22/1992 $1 0.0 Cape 1,957 0.3 3 3-0
B 2 Observatory Lane 3/6/2003 $0 0.0 Raised Ranch 1,440 0.25 2 2-0
C 9 Observatory Lane 8/28/2014 $220,000 0.0 Colonial 2,016 0.48 3 2-1
D 184 Barlows Landing Road 1/1/2005 $340,000 0.0 Raised Ranch 2,088 0.32 3 2-1
E 8 Observatory Lane 4/30/2020 $300,000 0.0 Ranch 1,560 0.23 3 1-0
F 709 County Road 6/21/2019 $1 0.0 Raised Ranch 2,730 0.29 4 2-0
G 188 Barlows Landing Road 5/17/2012 $225,000 0.0 Cape 1,796 0.31 4 1-1
H 10 Observatory Lane 12/13/2016 $275,000 0.0 Raised Ranch 1,986 0.23 3 2-0
I 180 Barlows Landing Road 6/15/2020 $100 0.0 Raised Ranch 2,237 0.29 3 1-2
J 11 Observatory Lane 8/22/2008 $250,000 0.1 Ranch 1,301 0.24 3 1-0
K 12 Observatory Lane 1/24/2023 $1 0.1 Raised Ranch 1,584 0.3 2 1-0
L 174 Barlows Landing Road 8/30/2024 $527,500 0.1 Colonial 1,826 0.29 4 1-1
M 183 Barlows Landing Road 11/15/2022 $460,000 0.1 Contemporary 2,240 0.42 3 2-0
N 15 Observatory Lane 8/22/2023 $425,000 0.1 Ranch 1,092 0.31 3 1-0
O 721 County Road 4/11/2022 $100 0.1 Conventional 3,237 1.2 4 3-1
P 191 Barlows Landing Road 4/11/2022 $100 0.1 0.65 -
Q 695 County Road 10/2/2000 $0 0.1 Cape 1,307 0.28 1 2-0
R 189 Barlows Landing Road 3/22/1995 $0 0.1 Cape 2,004 0.74 3 2-1
S 693 County Road 3/14/2008 $100 0.1 Cape 1,176 0.33 3 1-0
T 697 County Road 7/29/2010 $200,000 0.1 Ranch 816 0.37 2 1-0
U 181 Barlows Landing Road 7/15/1999 $98,000 0.1 Ranch 1,360 0.18 4 2-0
V 3 Mcalister Street 8/12/2003 $255,000 0.1 Cape 1,684 0.23 2 1-0
W 691 County Road 7/16/2010 $150,000 0.1 Ranch 760 0.31 2 1-0
X 170 Barlows Landing Road 1/15/2014 $240,000 0.1 Ranch 1,296 0.24 3 2-0
Y 17 Observatory Lane 4/24/2002 $186,500 0.1 Ranch 1,092 0.26 3 1-0
Z 720 County Road 9/11/2017 $10 0.1 Antique 2,346 0.6 2 1-0
- 175 Barlows Landing Road 2/27/1995 $48,275 0.1 Ranch 1,044 0.22 2 1-0
- 724 County Road 9/16/2021 $1 0.1 Cottage 596 0.31 1 1-0
- 683 County Road-R 11/16/2021 $1 0.1 Cottage 520 0.93 1 1-0
- 20 Observatory Lane 12/29/2014 $210,000 0.1 Raised Ranch 1,082 0.23 3 1-0
- 0 County Road 7/14/2015 $397,500 0.1 0.06 -
- 0 Barlows Landing Road 8/23/1924 $0 0.1 2.47 0 0-0
- 164 Barlows Landing Road 3/24/2014 $1 0.1 Cape 1,428 0.25 3 1-1
- 21 Observatory Lane 8/2/2023 $1 0.1 Contemporary 2,748 0.47 3 2-0
- 211 Barlows Landing Road 4/17/1953 $0 0.1 Gov. Bldg. 2,169 0.23 -
Averages 6012 days $137,377 0.08 --- 1,501 0.42 --- ---  
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
39 16 0 5 Observatory Lane