16 Ivy Lane, Pembroke, MA 02359

Owner Information
Owner 1
Matthew F Melchin
Owner 2
Kellie A Melchin
Owner's Address
16 Ivy Lane Pembroke, MA 02359
Market Sale Information
Most recent sale date
2/20/2018
Previous sale date
12/27/1993
Transfer document #
49516-144
Previous transfer document
12528-206
Grantor
Edward J. Joyce
Previous grantor
Most recent sale price
$530,000.00
Previous sale price
$75,000.00
Site Information
Property ID
G13-14
Lot Size
0.93
Use Code
101 - Residential, single family
Zoning
Building Style
Colonial
Number of Rooms
0
Stories
Number of Beds
0
Year Built
1996
Number of full baths
2
Condition
Good
Number of half baths
1
Finished Area
2561
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/A
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$295,400.00
Total value
$641,900.00
Building value
$345,400.00
Estimated tax
$8,164.00
Yard improvement value
$1,100.00
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 16 Ivy Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $206.95 Style Colonial Age 1996 Rooms 0 Bedrooms 0 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.93 Roof Cover Asphalt AEM Value - Building $345,400.00 AEM Value - Land $295,400.00 AEM Value - Other $1,100.00 AEM Value - Total $641,900.00
A) 12 Long Hill Road 0.3 11/21/2024 $760,000 2,034 $373.65 Colonial 1975 8 5 1 0 Oil 1.28 Asphalt $241,700 $300,400 $14,300 $556,400
B) 104 Spring Street 0.6 8/26/2024 $710,000 2,172 $326.89 Colonial 1961 7 3 2 0 Oil 0.89 Asphalt $280,500 $283,000 $2,600 $566,100
C) 27 Hatch Mill Circle 0.6 7/31/2024 $890,000 1,952 $455.94 Colonial 1987 0 0 1 1 Oil 3.5 Asphalt $332,000 $322,100 $0 $654,100
D) 145 Spring Street 0.7 6/24/2024 $910,000 2,276 $399.82 Garrison 1975 8 4 2 1 Oil 0.92 Asphalt $353,100 $285,300 $0 $638,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Ivy Lane 2/20/2018 $530,000 0 Colonial 2,561 0.93 0 2-1 -
  Criteria
A 12 Long Hill Road 11/21/2024 $760,000 0.3 Colonial 2,034 1.28 5 1-0
B 104 Spring Street 8/26/2024 $710,000 0.6 Colonial 2,172 0.89 3 2-0
C 27 Hatch Mill Circle 7/31/2024 $890,000 0.6 Colonial 1,952 3.5 0 1-1
D 145 Spring Street 6/24/2024 $910,000 0.7 Garrison 2,276 0.92 4 2-1
Averages 92 days $817,500 0.58 --- 2,109 1.65 --- ---  

Estimation of Market Value - $931,049

As of today, 11/25/2024, the estimated market value of 16 Ivy Lane, Pembroke considering the above 4 comparable properties is $931,049.

 

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
@ 16 Ivy Lane 2/20/2018 $530,000 0 Colonial 2,561 0.93 0 2-1 -
  Criteria
A 2 Elm Street 1/30/2002 $235,000 0.0 Colonial 2,430 0.96 3 2-1
B 125 Oak Street 10/19/2016 $0 0.0 Ranch 999 0.92 3 1-0
C 10 Elm Street 7/29/2022 $505,000 0.1 Split Levl 1,408 1 3 1-0
D 131 Oak Street 9/30/2019 $399,900 0.1 Colonial 1,616 0.92 4 1-1
E 10 Ivy Lane 12/27/1993 $73,000 0.1 Colonial 2,252 0.93 3 2-1
F 14 Elm Street 4/28/1982 $68,500 0.1 Cape 1,686 0.96 3 1-1
G 139 Oak Street 6/24/2022 $465,000 0.1 Cape 1,344 1.05 2 2-0
H 11 Ivy Lane 12/8/2011 $445,000 0.1 Cape 2,966 0.93 0 2-0
I 20 Ivy Lane 12/10/2004 $477,000 0.1 Colonial 1,872 1.95 0 2-0
J 18 Elm Street 8/26/1992 $0 0.1 Split Levl 1,955 0.98 4 1-0
K 2 Ivy Lane 3/29/2019 $0 0.1 Colonial 2,340 0.94 4 2-1
L 167 Oak Street 1/30/2009 $281,500 0.1 Split Levl 1,320 0.98 4 1-0
M 7 Ivy Lane 9/30/2004 $459,500 0.1 Ranch 2,272 0.92 3 1-1
N 119 Oak Street 7/13/2005 $0 0.1 Ranch 999 0.74 3 1-0
O 24 Elm Street 2/26/2013 $0 0.1 Cape 1,920 0.96 3 2-0
P 20 Hemlock Drive 12/10/2021 $765,000 0.1 Colonial 2,450 0.92 0 2-1
Q 146 Oak Street 2/23/2016 $358,000 0.1 Ranch 1,372 1.03 3 1-0
R 115 Oak Street 6/3/2002 $264,900 0.1 Ranch 960 0.92 3 1-0
S 183 Oak Street 10/31/1997 $160,000 0.1 Cape 2,616 1.07 3 2-0
T 162 Oak Street 5/31/2013 $0 0.1 Garrison 1,800 1.03 0 2-1
U 140 Oak Street 5/15/2019 $0 0.1 Garrison 2,214 1.03 4 3-0
Averages 5750 days $236,062 0.09 --- 1,847 1.01 --- ---  
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
G13-14 16 Ivy Lane