40 Lake Drive, Orleans, MA 02653

40 Lake Drive Orleans MA 02653
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Steven Cahill & Farrell Ellen
Owner 2
Owner's Address
P O Box 123 S Orleans, MA 02662
Market Sale Information
Most recent sale date
2/6/2017
Previous sale date
6/4/2012
Transfer document #
(212033)-
Previous transfer document
(197271)
Grantor
Steven Cahill
Previous grantor
Christopher Botos
Most recent sale price
$100.00
Previous sale price
$475,000.00
Site Information
Property ID
87-74-0
Lot Size
1.1
Use Code
101 - Residential, single family
Zoning
R
Building Style
Ranch
Number of Rooms
6
Stories
1
Number of Beds
3
Year Built
1979
Number of full baths
3
Condition
Number of half baths
0
Finished Area
2533
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
Arch/Shingle
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
100
Sidings
Wood Shingles
Assessment Information
Fiscal Year
2025
Land Value
$504,400.00
Total value
$1,299,600.00
Building value
$764,900.00
Estimated tax
$8,109.00
Yard improvement value
$30,300.00
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$1,400,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report
44 Forest Way8 Aunt Abigails Way40 Lake Drive15 Richwood Farm Lane$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 40 Lake Drive A) 44 Forest WayB) 8 Aunt Abigails WayC) 15 Richwood Farm Lane
Photo
Plan
Map
Proximity 0.30.30.7
Last Sold 3/6/20251/7/20251/10/2025
Price $1,235,000$1,300,000$1,050,000
Net Living Area 2,0252,4652,572
Stories 11.751.7
Sale Price/sft $0.04$609.88$527.38$408.24
Style RanchRanchCapeCape
Age 1979197719711988
Rooms 66814
Bedrooms 3335
Full baths 3333
Half baths 0000
Gross Living Area
Heating Fuel GasOilGasOil
Detached Garage
Lot Size 1.11.510.80.66
Roof Cover Arch/ShingleArch/ShingleArch/ShingleArch/Shingle
AEM Value - Building $764,900.00$518,500$714,700$1,088,500
AEM Value - Land $504,400.00$424,500$400,100$276,600
AEM Value - Other $30,300.00$0$0$0
AEM Value - Total $1,299,600.00$943,000$1,114,800$1,365,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Lake Drive 2/6/2017 $100 0 Ranch 2,533 1.1 3 3-0 -
  Criteria
A 44 Forest Way 3/6/2025 $1,235,000 0.3 Ranch 2,025 1.51 3 3-0
B 8 Aunt Abigails Way 1/7/2025 $1,300,000 0.3 Cape 2,465 0.8 3 3-0
C 15 Richwood Farm Lane 1/10/2025 $1,050,000 0.7 Cape 2,572 0.66 5 3-0
Averages 111 days $1,195,000 0.44 --- 2,354 0.99 --- ---  

Estimation of Market Value - $1,323,507

As of today, 05/18/2025, the estimated market value of 40 Lake Drive, Orleans considering the above 3 comparable properties is $1,323,507.

 

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 Property27 Woodridge Road1 Half Cape Way507 South Orleans Road489 South Orleans Road505 South Orleans Road5 Half Cape Way52 Lake Drive17 Crescent Ridge4 Shoal Lane509 South Orleans Road30 Lake Drive11 Crescent Ridge4 Half Cape Way46 Lake Drive2 Shoal Lane40 Lake Drive42 Lake Drive1 Shoal Lane34 Lake Drive521 South Orleans Road55 Lake Drive$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Lake Drive 2/6/2017 $100 0 Ranch 2,533 1.1 3 3-0 -
  Criteria
A 34 Lake Drive 12/10/2012 $1,050,000 0.0 Cape 4,067 1.03 3 2-2
B 42 Lake Drive 3/18/2019 $850,000 0.0 Cape 2,380 1.47 3 2-2
C 5 Half Cape Way 11/24/2003 $438,000 0.0 Cape 1,723 1.04 4 3-0
D 2 Shoal Lane 11/3/2014 $1 0.1 Cape 2,276 1.26 4 3-0
E 507 South Orleans Road 11/22/1994 $100 0.1 Cape 1,436 0.92 3 2-0
F 505 South Orleans Road 5/29/2019 $1 0.1 Cape 1,466 1.42 3 3-0
G 46 Lake Drive 10/18/2022 $0 0.1 Cape 2,456 1.49 4 4-1
H 30 Lake Drive 5/10/2023 $100 0.1 Ranch 1,836 1.3 5 3-0
I 509 South Orleans Road 4/4/2017 $10 0.1 Antique 1,639 1.6 4 2-0
J 4 Half Cape Way 8/17/2010 $347,900 0.1 Cape 3,394 1.22 6 3-2
K 1 Half Cape Way 12/17/1985 $45,000 0.1 Antique 1,268 0.8 2 2-0
L 11 Crescent Ridge 6/30/1986 $260,000 0.1 Cape 3,022 1.12 2 2-0
M 4 Shoal Lane 12/16/2016 $0 0.1 Colonial 2,028 1.15 3 2-1
N 521 South Orleans Road 3/31/2020 $1,350,000 0.1 Neo Eclectic 2,482 3.6 3 2-0
O 52 Lake Drive 5/1/2023 $895,000 0.1 Ranch 1,570 1.5 3 3-0
P 1 Shoal Lane 7/1/2020 $899,000 0.1 Cape 2,747 2 4 4-1
Q 55 Lake Drive 2/12/2016 $1 0.1 Cape 6,254 1.17 5 4-3
R 489 South Orleans Road 7/19/2021 $1 0.1 Old Style 918 0.5 3 1-0
S 17 Crescent Ridge 10/5/2023 $1,015,000 0.1 Cape 1,998 1.03 3 2-1
T 27 Woodridge Road 3/16/2022 $10 0.1 Ranch 960 0.6 2 1-0
Averages 4223 days $357,506 0.08 --- 2,296 1.31 --- ---  
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
87 074 0 40 Lake Drive