40 Open Space Drive, Sandwich, MA 02563

40 Open Space Drive Sandwich MA 02563
Owner Information
Owner 1
Oldfield Family Revocable Trust
Owner 2
Owner's Address
P O Box 1489 Sandwich, MA 02563
Market Sale Information
Most recent sale date
10/20/2009
Previous sale date
5/5/2005
Transfer document #
24106-330
Previous transfer document
19797-18
Grantor
Alan R Oldfield
Previous grantor
David A Magdalenski
Most recent sale price
$1.00
Previous sale price
$715,000.00
Site Information
Property ID
9-258-0
Lot Size
0.42
Use Code
101 - Residential, single family
Zoning
R2
Building Style
Contemporary
Number of Rooms
11
Stories
2
Number of Beds
5
Year Built
1989
Number of full baths
5
Condition
Number of half baths
0
Finished Area
4257
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/Air
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2025
Land Value
$183,100.00
Total value
$1,088,200.00
Building value
$899,900.00
Estimated tax
$11,502.00
Yard improvement value
$5,200.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
7 Mossy Bottom Lane40 Open Space Drive14 Indian Summer Lane4 Open Trail Road3 Firethorn Lane15 Reflection Drive4 Honey Locust 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 Open Space Drive A) 15 Reflection DriveB) 7 Mossy Bottom LaneC) 4 Open Trail RoadD) 4 Honey Locust LaneE) 14 Indian Summer LaneF) 3 Firethorn Lane
Photo
Plan
Map
Proximity 0.10.10.30.30.30.6
Last Sold 4/3/20253/31/20255/12/20255/6/20255/15/20255/6/2025
Price $1,750,000$1,125,000$125,000$1,950,000$1,393,750$1,450,000
Net Living Area 4,2463,5403,4624,0364,2833,514
Stories 1.751.91.7522.52
Sale Price/sft $0.00$412.15$317.80$36.11$483.15$325.41$412.64
Style ContemporaryContemporaryCapeContemporaryContemporaryColonialContemporary
Age 1989199819992002199620032004
Rooms 11897889
Bedrooms 5433433
Full baths 5433433
Half baths 0111101
Gross Living Area
Heating Fuel GasGasGasGasN/AGasGas
Detached Garage
Lot Size 0.420.430.40.470.50.550.39
Roof Cover AsphaltAsphaltAsphaltAsphaltAsphaltAsphaltAsphalt
AEM Value - Building $899,900.00$1,072,400$690,800$1,029,800$1,154,100$944,800$1,060,200
AEM Value - Land $183,100.00$184,500$180,000$190,600$194,900$201,600$178,200
AEM Value - Other $5,200.00$0$0$0$0$0$0
AEM Value - Total $1,088,200.00$1,256,900$870,800$1,220,400$1,349,000$1,146,400$1,238,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Open Space Drive 10/20/2009 $1 0 Contemporary 4,257 0.42 5 5-0 -
  Criteria
A 15 Reflection Drive 4/3/2025 $1,750,000 0.1 Contemporary 4,246 0.43 4 4-1
B 7 Mossy Bottom Lane 3/31/2025 $1,125,000 0.1 Cape 3,540 0.4 3 3-1
C 4 Open Trail Road 5/12/2025 $125,000 0.3 Contemporary 3,462 0.47 3 3-1
D 4 Honey Locust Lane 5/6/2025 $1,950,000 0.3 Contemporary 4,036 0.5 4 4-1
E 14 Indian Summer Lane 5/15/2025 $1,393,750 0.3 Colonial 4,283 0.55 3 3-0
F 3 Firethorn Lane 5/6/2025 $1,450,000 0.6 Contemporary 3,514 0.39 3 3-1
Averages 25 days $1,298,958 0.27 --- 3,847 0.46 --- ---  

Estimation of Market Value - $1,317,521

As of today, 05/21/2025, the estimated market value of 40 Open Space Drive, Sandwich considering the above 6 comparable properties is $1,317,521.

 

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
Subject Property6 Birchwood Lane1 Sweet Fern Lane17 Reflection Drive2 Windy Pine Lane1 Windy Pine Lane40 Open Space Drive2 Sweet Fern Lane6 Mossy Bottom Lane3 Mossy Bottom Lane9 Reflection Drive33 Open Space Drive8 Birchwood Lane3 Birchwood Lane5 Mossy Bottom Lane1 Mossy Bottom Lane15 Reflection Drive1 Birchwood Lane19 Reflection Drive4 Birchwood Lane11 Reflection Drive5 Reflection Drive2 Birchwood Lane8 Mossy Bottom Lane2 Mossy Bottom Lane5 Birchwood Lane36 Open Space Drive$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Open Space Drive 10/20/2009 $1 0 Contemporary 4,257 0.42 5 5-0 -
  Criteria
A 1 Birchwood Lane 1/23/2023 $1,250,000 0.0 Cape 2,768 0.42 3 4-1
B 36 Open Space Drive 12/18/2020 $1,225,000 0.0 Contemporary 5,124 1.41 4 6-2
C 2 Birchwood Lane 6/21/2023 $1,675,000 0.0 Colonial 3,243 0.4 4 3-0
D 3 Birchwood Lane 6/6/2023 $1 0.1 Contemporary 3,261 0.41 3 3-0
E 2 Mossy Bottom Lane 7/22/2024 $1 0.1 Contemporary 4,359 0.83 3 3-1
F 4 Birchwood Lane 6/19/2020 $910,000 0.1 Contemporary 4,237 0.4 3 3-2
G 9 Reflection Drive 10/15/2021 $1,151,000 0.1 Cape 3,496 0.44 3 2-1
H 6 Mossy Bottom Lane 10/15/2024 $1,500,000 0.1 Contemporary 2,721 0.41 3 2-1
I 11 Reflection Drive 8/28/2024 $1,337,000 0.1 Colonial 4,161 0.45 3 3-2
J 6 Birchwood Lane 6/23/1997 $100,000 0.1 Contemporary 2,683 0.39 3 3-0
K 19 Reflection Drive 4/12/2021 $1,040,000 0.1 Contemporary 5,094 0.43 5 4-1
L 15 Reflection Drive 4/3/2025 $1,750,000 0.1 Contemporary 4,246 0.43 4 4-1
M 1 Mossy Bottom Lane 2/26/2024 $10 0.1 Saltbox 4,128 0.43 3 5-0
N 5 Birchwood Lane 2/10/2005 $1 0.1 Contemporary 4,553 0.83 5 3-1
O 17 Reflection Drive 2/7/2017 $1 0.1 Contemporary 3,114 0.42 3 2-1
P 5 Reflection Drive 8/29/2019 $775,000 0.1 Contemporary 4,066 0.92 4 3-1
Q 3 Mossy Bottom Lane 9/21/2007 $790,000 0.1 Contemporary 3,052 0.42 4 2-1
R 8 Mossy Bottom Lane 2/4/2015 $830,000 0.1 Cape 3,557 0.4 3 2-1
S 8 Birchwood Lane 3/12/2021 $915,000 0.1 Contemporary 2,746 0.37 3 3-2
T 5 Mossy Bottom Lane 2/11/2020 $750,000 0.1 Contemporary 3,418 0.43 4 3-1
U 33 Open Space Drive 10/18/2017 $660,000 0.1 Contemporary 3,227 0.45 4 3-1
V 2 Windy Pine Lane 6/30/2004 $690,000 0.1 Cape 3,995 0.39 3 3-1
W 1 Windy Pine Lane 11/18/2016 $600,000 0.1 Contemporary 3,331 0.44 4 3-1
X 2 Sweet Fern Lane 4/25/2022 $10 0.1 Cape 3,625 0.39 4 3-1
Y 1 Sweet Fern Lane 4/28/2021 $879,000 0.1 Contemporary 2,644 0.4 3 2-1
Averages 2492 days $753,081 0.09 --- 3,634 0.51 --- ---  
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
09-258 40 Open Space Drive