5 Reservation Way, Marion, MA 02738

5 Reservation Way Marion MA 02738
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Owner Information
Owner 1
Patrick J Barrett
Owner 2
Owner's Address
162 Cardamon Drive Edgewater, MD 21037
Market Sale Information
Most recent sale date
8/31/2001
Previous sale date
11/1/1989
Transfer document #
2046-0226
Previous transfer document
0945-0038
Grantor
Anne M Barrett
Previous grantor
John J Barrett
Most recent sale price
$225,000.00
Previous sale price
$1.00
Site Information
Property ID
18-42P
Lot Size
0.38
Use Code
101 - Residential, single family
Zoning
Building Style
Contemporary
Number of Rooms
8
Stories
2
Number of Beds
3
Year Built
1966
Number of full baths
1
Condition
Number of half baths
1
Finished Area
2164
Number of Kitchen
Gross Living Area
4043
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$525,525.00
Total value
$865,925.00
Building value
$340,400.00
Estimated tax
$8,070.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20092010201120122014201520162017201820192020202120222023$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report
33 Abels Way50 Front Street3 Pleasant Street5 Reservation Way9 Cove Street13 Indian Cove Road17 Reservation Way$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000Subject PropertyTotal Assessment ($)Total Assessment
Address 5 Reservation Way A) 17 Reservation WayB) 9 Cove StreetC) 50 Front StreetD) 13 Indian Cove RoadE) 3 Pleasant StreetF) 33 Abels Way
Photo
Plan
Map
Proximity 0.10.50.80.80.90.9
Last Sold 3/20/202512/20/202411/25/20242/10/20254/25/20253/21/2025
Price $2,500,000$794,300$401,250$879,512$830,000$620,000
Net Living Area 2,6322,3571,9422,6181,8801,847
Stories 11.751.7521 3/41.75
Sale Price/sft $103.97$949.85$337.00$206.62$335.95$441.49$335.68
Style ContemporaryConventionalCape CodCape CodContemporaryCape CodCape Cod
Age 1966196219551959198719201978
Rooms 8878878
Bedrooms 3434435
Full baths 1232222
Half baths 1101100
Gross Living Area 4043523147502276539649493517
Heating Fuel Oil Gas Gas Oil Oil Gas Oil
Detached Garage
Lot Size 0.380.370.20.271.30.520.69
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $340,400.00$536,400$356,800$267,400$532,000$295,100$263,600
AEM Value - Land $525,525.00$911,276$522,500$491,500$511,600$516,200$233,200
AEM Value - Other $0.00$0$0$0$0$0$0
AEM Value - Total $865,925.00$1,447,676$879,300$758,900$1,043,600$811,300$496,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Reservation Way 8/31/2001 $225,000 0 Contemporary 2,164 0.38 3 1-1 -
  Criteria
A 17 Reservation Way 3/20/2025 $2,500,000 0.1 Conventional 2,632 0.37 4 2-1
B 9 Cove Street 12/20/2024 $794,300 0.5 Cape Cod 2,357 0.2 3 3-0
C 50 Front Street 11/25/2024 $401,250 0.8 Cape Cod 1,942 0.27 4 2-1
D 13 Indian Cove Road 2/10/2025 $879,512 0.8 Contemporary 2,618 1.3 4 2-1
E 3 Pleasant Street 4/25/2025 $830,000 0.9 Cape Cod 1,880 0.52 3 2-0
F 33 Abels Way 3/21/2025 $620,000 0.9 Cape Cod 1,847 0.69 5 2-0
Averages 96 days $1,004,177 0.64 --- 2,213 0.56 --- ---  

Estimation of Market Value - $970,786

As of today, 05/20/2025, the estimated market value of 5 Reservation Way, Marion considering the above 6 comparable properties is $970,786.

 

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
Subject Property0 Jay Lane0 Jay Lane0 Jay Lane0 Jay Lane0 Jay Lane0 Jay Lane0 Jay Lane85 Converse Road79 Converse Road89 Converse Road4 Card Drive75 Converse Road4 Reservation Way1 Reservation Way5 Jobs Cove Road120 Converse Road5 Reservation Way6 Arrowhead Lane9 Jobs Cove Road10 Arrowhead Lane2 Arrowhead Lane116 Converse Road17 Reservation Way15 Arrowhead Lane135 Converse Road11 Reservation Way119 Converse Road$0$1,000,000$2,000,000$3,000,000$4,000,000$5,000,000$6,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Reservation Way 8/31/2001 $225,000 0 Contemporary 2,164 0.38 3 1-1 -
  Criteria
A 1 Reservation Way 5/27/2020 $1 0.0 Raised Ranch 2,181 0.38 3 2-1
B 11 Reservation Way 8/9/2019 $1,200,000 0.0 Custom 3,208 0.38 5 4-1
C 2 Arrowhead Lane 12/1/2022 $1,300,000 0.0 Cape Cod 3,028 0.46 4 21-0
D 4 Reservation Way 1/13/2023 $690,000 0.0 Cape Cod 1,829 0.39 4 2-0
E 89 Converse Road 8/30/2021 $450,000 0.1 Ranch 1,243 0.37 3 2-0
F 119 Converse Road 6/27/2013 $400,000 0.1 Custom 5,980 4.64 4 4-0
G 6 Arrowhead Lane 2/24/2020 $1 0.1 Colonial 2,360 0.45 4 3-0
H 100 Converse Road 6/28/2013 $320,000 0.1 Raised Ranch 1,707 0.29 3 2-1
I 17 Reservation Way 3/20/2025 $2,500,000 0.1 Conventional 2,632 0.37 4 2-1
J 96 Converse Road 4/13/2018 $319,000 0.1 Conventional 1,423 0.28 3 1-1
K 92 Converse Road 6/8/2018 $499,000 0.1 Cape Cod 1,591 0.28 5 2-1
L 85 Converse Road 10/15/2002 $169,500 0.1 Ranch 1,080 0.4 2 1-0
M 102 Converse Road 12/17/2014 $1 0.1 Cape Cod 3,380 0.35 3 3-1
N 88 Converse Road 8/6/2002 $10 0.1 Cape Cod 1,370 0.28 2 1-1
O 4 Card Drive 10/22/2020 $490,000 0.1 Cape Cod 1,593 0.28 3 1-1
P 10 Arrowhead Lane 12/20/2010 $750,000 0.1 Cape Cod 2,486 0.45 4 4-1
Q 0 Jay Lane 5/4/1983 $1 0.1 Vacant Land 0.28 -
R 3 Arrowhead Lane 9/27/2024 $1,350,000 0.1 Split-Level 1,992 1.08 4 1-1
S 0 Jay Lane 5/4/1983 $1 0.1 Vacant Land 0.28 -
T 3 Card Drive 5/2/2012 $1 0.1 Cape Cod 1,975 0.35 3 2-0
U 79 Converse Road 3/28/2022 $100 0.1 Cape Cod 952 0.4 2 1-0
V 84 Converse Road 10/23/2019 $487,000 0.1 Cape Cod 1,683 0.28 3 2-1
W 7 Arrowhead Lane 4/24/1991 $172,500 0.1 Contemporary 885 1.15 3 2-0
X 0 Jay Lane 5/4/1983 $1 0.1 Vacant Land 0.28 -
Y 9 Jobs Cove Road 10/31/1971 $0 0.1 Contemporary 2,584 0.29 5 3-0
Z 5 Jobs Cove Road 5/31/2022 $508,000 0.1 Colonial 1,306 0.14 3 2-0
- 9 Arrowhead Lane 10/31/2005 $1,550,000 0.1 Cape Cod 2,947 0.97 4 4-1
- 120 Converse Road 5/20/1996 $1 0.1 Cape Cod 1,462 1.55 3 1-0
- 11 Card Drive 12/31/1991 $70,000 0.1 Ranch 960 0.34 3 1-0
- 0 Jay Lane 5/4/1983 $1 0.1 Vacant Land 0.28 -
- 80 Converse Road 11/13/2019 $1 0.1 Ranch 1,970 0.3 2 2-0
- 135 Converse Road 10/11/2018 $1,150,000 0.1 Antique 3,100 4.15 5 5-0
- 15 Arrowhead Lane 11/14/2024 $1,440,000 0.1 Raised Ranch 3,341 0.63 3 3-1
- 0 Jay Lane 5/4/1983 $1 0.1 Vacant Land 0.32 -
- 75 Converse Road 4/12/2002 $10 0.1 Conventional 1,949 0.36 4 2-0
- 0 Jay Lane 5/4/1983 $1 0.1 Vacant Land 0.33 -
- 0 Reservation Way 10/20/2020 $10 0.1 Outbuildings 0.48 -
- 116 Converse Road 3/31/2010 $595,000 0.1 Contemporary 4,948 0.34 4 4-0
- 0 Jay Lane 5/4/1983 $1 0.1 Vacant Land 0.35 -
- 0 Jay Lane 5/4/1983 $1 0.1 Vacant Land 0.28 -
Averages 6613 days $410,254 0.09 --- 1,729 0.63 --- ---  
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
18-42P 5 Reservation Way