74 Furnace Lane, Pembroke, MA 02359

74 Furnace Lane Pembroke MA 02359
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Owner Information
Owner 1
Michael Gary Melanson
Owner 2
Lisa Marie Melanson
Owner's Address
74 Furnace Lane Pembroke, MA 02359
Market Sale Information
Most recent sale date
7/18/2018
Previous sale date
6/28/2013
Transfer document #
50058-273
Previous transfer document
43280-302
Grantor
Nicholas S Smith
Previous grantor
Aberjona Realty Trust
Most recent sale price
$385,000.00
Previous sale price
$309,900.00
Site Information
Property ID
B7-149
Lot Size
0.37
Use Code
101 - Residential, single family
Zoning
Building Style
Colonial
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1958
Number of full baths
2
Condition
Good
Number of half baths
0
Finished Area
1728
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Forced H/W
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Vinyl
Assessment Information
Fiscal Year
2024
Land Value
$234,400.00
Total value
$435,200.00
Building value
$196,000.00
Estimated tax
$5,535.00
Yard improvement value
$4,800.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 74 Furnace Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $222.80 Style Colonial Age 1958 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.37 Roof Cover Asphalt AEM Value - Building $196,000.00 AEM Value - Land $234,400.00 AEM Value - Other $4,800.00 AEM Value - Total $435,200.00
A) 168 Mattakeesett Street 0.3 10/1/2024 $230,000 1,620 $141.98 Antique 1747 6 3 0 0 Gas 3.89 Asphalt $136,200 $314,000 $0 $450,200
B) 9 Beach Road 0.6 6/21/2024 $396,000 1,580 $250.63 Colonial 1950 6 3 1 1 Gas 0.12 Asphalt $167,700 $215,200 $0 $382,900
C) 63 Adams Avenue 0.6 7/17/2024 $125,042 1,824 $68.55 Bungalow 1939 0 0 1 0 Oil 0.23 Asphalt $151,700 $239,900 $600 $392,200
D) 40 Mill Street 0.8 7/2/2024 $675,000 1,508 $447.61 Cape 1987 7 3 1 1 Oil 0.92 Asphalt $217,700 $275,200 $1,300 $494,200
E) 51 Warren Terrace 0.9 8/19/2024 $655,000 1,640 $399.39 Ranch 1966 7 3 1 0 Gas 0.97 Asphalt $190,300 $275,900 $3,600 $469,800
F) 26 Felicia Terrace 0.9 11/14/2024 $770,000 1,894 $406.55 Cape 1992 7 3 1 1 Oil 1.83 Asphalt $297,400 $308,400 $0 $605,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 74 Furnace Lane 7/18/2018 $385,000 0 Colonial 1,728 0.37 3 2-0 -
  Criteria
A 168 Mattakeesett Street 10/1/2024 $230,000 0.3 Antique 1,620 3.89 3 0-0
B 9 Beach Road 6/21/2024 $396,000 0.6 Colonial 1,580 0.12 3 1-1
C 63 Adams Avenue 7/17/2024 $125,042 0.6 Bungalow 1,824 0.23 0 1-0
D 40 Mill Street 7/2/2024 $675,000 0.8 Cape 1,508 0.92 3 1-1
E 51 Warren Terrace 8/19/2024 $655,000 0.9 Ranch 1,640 0.97 3 1-0
F 26 Felicia Terrace 11/14/2024 $770,000 0.9 Cape 1,894 1.83 3 1-1
Averages 100 days $475,174 0.69 --- 1,678 1.33 --- ---  

Estimation of Market Value - $466,670

As of today, 11/25/2024, the estimated market value of 74 Furnace Lane, Pembroke considering the above 6 comparable properties is $466,670.

 

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
  • 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
@ 74 Furnace Lane 7/18/2018 $385,000 0 Colonial 1,728 0.37 3 2-0 -
  Criteria
A 76 Furnace Lane 3/31/2023 $405,000 0.0 Cape 1,366 0.2 4 1-0
B 70 Furnace Lane 5/3/1979 $25,500 0.0 Cape 1,341 0.2 0 2-0
C 80 Scobbie Avenue 7/13/1988 $95,000 0.0 Ranch 900 0.17 0 1-0
D 81 Furnace Lane 8/22/2016 $200,000 0.0 Ranch 1,480 0.33 2 1-0
E 65 Furnace Lane 4/8/1997 $0 0.0 Colonial 2,104 0.24 3 0-0
F 67 Furnace Lane 6/11/2014 $305,000 0.0 Colonial 1,952 0.18 0 2-0
G 66 Furnace Lane 4/14/1978 $26,000 0.0 Cape 897 0.21 3 1-0
H 84 Scobbie Avenue 2/25/2009 $10,000 0.0 Ranch 696 0.18 0 1-0
I 63 Furnace Lane 4/11/2011 $0 0.0 Bungalow 760 0.23 2 0-0
J 69 Furnace Lane 7/2/2015 $232,000 0.0 Bungalow 864 0.15 1 1-0
K 83 Furnace Lane 7/21/2004 $0 0.0 Colonial 3,588 0.52 0 2-1
L 0 Furnace Lane 1/1/1900 $0 0.0 0.03 0 0-0
M 77 Furnace Lane 12/2/2022 $400,000 0.0 Colonial 1,662 0.23 3 1-1
N 70 Scobbie Avenue 5/2/2008 $0 0.0 Cape 1,080 0.16 2 1-0
O 71 Furnace Lane 9/9/2019 $0 0.0 Colonial 1,692 0.17 3 1-1
P 64 Furnace Lane 8/17/2016 $233,000 0.0 Bungalow 816 0.13 1 1-0
Q 59 Furnace Lane 12/17/2021 $0 0.0 Ranch 1,008 0.21 3 1-0
R 73 Scobbie Avenue 1/13/2022 $0 0.0 Cape 1,152 0.14 2 1-0
S 85 Furnace Lane 9/27/2012 $0 0.0 Cape 1,730 0.62 2 1-0
T 57 Furnace Lane 8/5/2019 $0 0.0 Colonial 2,016 0.17 3 2-0
U 75 Furnace Lane 1/12/2022 $600,000 0.1 Colonial 2,070 0.29 1 1-1
V 0 Old Road 8/3/1987 $0 0.1 0.1 0 0-0
W 60 Furnace Lane 1/25/2022 $0 0.1 Split Ent 960 0.43 0 2-0
X 55 Furnace Lane 3/30/1995 $84,000 0.1 Colonial 3,274 0.32 0 1-1
Y 73 Furnace Lane 9/9/2019 $0 0.1 Colonial 1,456 0.31 0 1-1
Z 87 Furnace Lane 11/14/2022 $0 0.1 Colonial 2,807 0.39 2 1-1
- 58 Furnace Lane 3/29/2018 $490,000 0.1 Colonial 1,426 0.35 3 1-1
- 189 Queensbrook Road 11/6/2020 $605,000 0.1 Split Levl 2,394 0.79 4 1-1
- 49 Furnace Lane 8/22/2017 $559,900 0.1 Colonial 2,279 0.28 3 1-1
- 183 Queensbrook Road 10/22/1992 $129,000 0.1 Split Ent 1,066 0.83 3 1-0
- 89 Furnace Lane 10/30/2015 $232,500 0.1 Bungalow 789 0.37 1 0-0
- 195 Queensbrook Road 5/6/2022 $590,000 0.1 Garrison 1,500 0.71 0 1-1
- 43 Furnace Lane 6/20/2013 $264,900 0.1 Ranch 1,016 0.26 3 1-0
- 181 Queensbrook Road 12/27/2002 $0 0.1 Split Ent 1,100 0.99 3 1-0
- 95 Furnace Lane 10/18/2018 $0 0.1 Cape 1,504 0.32 2 0-0
- 177 Queensbrook Road 10/8/2013 $0 0.1 Split Ent 1,900 0.92 4 2-0
- 37 Furnace Lane 6/25/1999 $125,000 0.1 Antique 1,891 0.15 3 2-0
- 199 Queensbrook Road 11/30/1999 $177,500 0.1 Split Levl 1,818 0.75 0 1-1
- 35 Furnace Lane 4/3/2023 $289,000 0.1 Cape 1,762 0.14 0 1-0
- 40 Furnace Lane 8/4/2004 $0 0.1 Ranch 852 0.58 2 1-0
Averages 6214 days $151,958 0.06 --- 1,474 0.34 --- ---  
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
B7-149 74 Furnace Lane