7 Lake Farm Lane, Orleans, MA 02653

7 Lake Farm Lane Orleans MA 02653
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Owner Information
Owner 1
Robert W Normann & Lorraine
Owner 2
Owner's Address
7 Lake Farm Ln Orleans, MA 02653
Market Sale Information
Most recent sale date
6/1/2018
Previous sale date
4/21/2017
Transfer document #
31309-90
Previous transfer document
30433-136
Grantor
Wilmington Savings Fund T
Previous grantor
Walter Kaye
Most recent sale price
$575,000.00
Previous sale price
$600,000.00
Site Information
Property ID
48-49-0
Lot Size
0.93
Use Code
101 - Residential, single family
Zoning
R
Building Style
Cape
Number of Rooms
11
Stories
1.75
Number of Beds
4
Year Built
1990
Number of full baths
3
Condition
Number of half baths
0
Finished Area
3117
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
Hot Water
Roof Cover
Wood Shingles
Heating fuel
Oil
Frame type
Wood Frame
Air Condition (%)
0
Sidings
Clapboard
Assessment Information
Fiscal Year
2025
Land Value
$330,900.00
Total value
$1,717,700.00
Building value
$1,386,800.00
Estimated tax
$10,718.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
19992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
7 Lake Farm Lane24 Collins Lane46 Tonset Road$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 7 Lake Farm Lane A) 46 Tonset RoadB) 24 Collins Lane
Photo
Plan
Map
Proximity 0.60.9
Last Sold 2/7/20252/28/2025
Price $4,250,000$2,660,000
Net Living Area 3,8693,296
Stories 1.751.7
Sale Price/sft $184.47$1098.48$807.04
Style CapeCapeCape
Age 199020232002
Rooms 11108
Bedrooms 454
Full baths 353
Half baths 021
Gross Living Area
Heating Fuel OilGas
Detached Garage
Lot Size 0.932.50.99
Roof Cover Wood ShinglesArch/ShingleArch/Shingle
AEM Value - Building $1,386,800.00$938,800$1,410,100
AEM Value - Land $330,900.00$1,239,500$332,800
AEM Value - Other $0.00$20,900$50,700
AEM Value - Total $1,717,700.00$2,199,200$1,793,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Lake Farm Lane 6/1/2018 $575,000 0 Cape 3,117 0.93 4 3-0 -
  Criteria
A 46 Tonset Road 2/7/2025 $4,250,000 0.6 Cape 3,869 2.5 5 5-2
B 24 Collins Lane 2/28/2025 $2,660,000 0.9 Cape 3,296 0.99 4 3-1
Averages 122 days $3,455,000 0.76 --- 3,583 1.75 --- ---  

Estimation of Market Value - $2,989,372

As of today, 06/19/2025, the estimated market value of 7 Lake Farm Lane, Orleans considering the above 2 comparable properties is $2,989,372.

 

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
Copy to Clipboard
Subject Property33 Pond Road31 Pond Road19 Megs Lane24 Pond Road20 Pond Road35 Pond Road29 Pond Road22 Pond Road23 Megs Lane16 Lake Farm Lane26 Pond Road14 Pond Road9 Lake Farm Lane3 Lake Farm Lane4 Lake Farm Lane27 Pond Road25 Pond Road9 Pond Road11 Pond Road15 Lake Farm Lane7 Lake Farm Lane10 Lake Farm Lane6 Lake Farm Lane21 Megs Lane$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Lake Farm Lane 6/1/2018 $575,000 0 Cape 3,117 0.93 4 3-0 -
  Criteria
A 9 Lake Farm Lane 1/22/2024 $10 0.0 Cape 2,338 0.96 4 3-0
B 3 Lake Farm Lane 4/30/2013 $600,000 0.0 Colonial 2,372 0.93 3 2-1
C 25 Pond Road 9/29/2004 $724,900 0.1 Colonial 2,552 0.92 4 2-1
D 4 Lake Farm Lane 12/16/2021 $100 0.1 Colonial 2,516 0.92 4 4-0
E 16 Lake Farm Lane 4/13/2001 $0 0.1 Cape 1,414 1.09 3 3-0
F 10 Lake Farm Lane 1/28/2014 $1 0.1 Cape 2,709 1.55 3 2-1
G 27 Pond Road 5/22/2009 $1 0.1 Cape 2,803 1.54 4 3-0
H 6 Lake Farm Lane 6/13/2014 $950,000 0.1 Cape 3,239 1.63 4 4-1
I 29 Pond Road 11/12/2024 $970,000 0.1 Cape 1,768 0.56 4 2-0
J 21 Megs Lane 11/17/2021 $1,675,000 0.1 Cape 5,638 1.2 5 4-1
K 11 Pond Road 8/18/2015 $1 0.1 Colonial 1,780 2.08 4 3-0
L 31 Pond Road 12/19/2017 $1 0.1 Ranch 864 0.51 2 1-0
M 20 Pond Road 3/1/2011 $1 0.1 Cape 1,589 0.43 4 2-0
N 15 Lake Farm Lane 8/9/2024 $100 0.1 Colonial 3,186 1.2 4 3-1
O 35 Pond Road 11/22/2019 $440,500 0.1 Cape 1,137 1.01 1 1-1
P 14 Pond Road 8/30/2018 $600,000 0.1 Antique 1,892 0.92 3 2-1
Q 23 Megs Lane 2/17/2012 $1 0.1 Ranch 1,448 0.41 3 2-0
R 9 Pond Road 2/21/1992 $150,000 0.1 Bungalow 980 1.5 3 1-0
S 22 Pond Road 6/24/1993 $90,000 0.1 Raised Ranch 2,653 1.35 3 3-0
T 33 Pond Road 6/20/1985 $87,500 0.1 Ranch 832 0.5 2 1-0
U 24 Pond Road 4/4/2019 $0 0.1 Ranch 1,248 0.83 4 2-0
V 19 Megs Lane 8/29/2024 $0 0.1 Ranch 1,199 0.39 2 1-0
W 26 Pond Road 12/27/2016 $1 0.1 Antique 1,974 0.94 4 2-0
Averages 4505 days $273,396 0.08 --- 2,093 1.02 --- ---  
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
48 049 0 7 Lake Farm Lane