5 Grace Way, Truro, MA 02666

5 Grace Way Truro MA 02666
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Owner Information
Owner 1
Danielle B Lemmon
Owner 2
Owner's Address
360 Furman St #222 Brooklyn, NY 11201
Market Sale Information
Most recent sale date
9/4/1997
Previous sale date
10/5/1990
Transfer document #
10932-278
Previous transfer document
7315-278
Grantor
Waldman Grace 1990 Liv Trust
Previous grantor
Most recent sale price
$289,000.00
Previous sale price
N/A
Site Information
Property ID
46-99-0
Lot Size
3.5
Use Code
101 - Residential, single family
Zoning
RES
Building Style
Ranch
Number of Rooms
7
Stories
1
Number of Beds
4
Year Built
1970
Number of full baths
3
Condition
Number of half baths
Finished Area
2968
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Tile
Solar Hot Water
No
Roof Structure
Gable
Heating type
Forced Air
Roof Cover
Asphalt Shingle
Heating fuel
Oil
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingles
Assessment Information
Fiscal Year
2024
Land Value
$460,200.00
Total value
$1,045,700.00
Building value
$584,300.00
Estimated tax
$6,263.00
Yard improvement value
$1,200.00
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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 5 Grace Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $97.37 Style Ranch Age 1970 Rooms 7 Bedrooms 4 Full baths 3 Half baths Gross Living Area Heating Fuel Oil Detached Garage Lot Size 3.5 Roof Cover Asphalt Shingle AEM Value - Building $584,300.00 AEM Value - Land $460,200.00 AEM Value - Other $1,200.00 AEM Value - Total $1,045,700.00
A) 1 Lily Lane 0.8 4/12/2024 $1,655,000 2,696 2 $613.87 Ranch 2022 0 4 3 Gas 1.02 Asphalt Shingle $611,600 $414,400 $0 $1,026,000
B) 32 Higgins Hollow Road 0.9 7/18/2024 $2,750,000 2,299 1.5 $1196.17 Cape 1790 0 2 2 1 Gas 1.24 Wood Shingles $707,800 $555,800 $3,600 $1,267,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Grace Way 9/4/1997 $289,000 0 Ranch 2,968 3.5 4 3- -
  Criteria
A 1 Lily Lane 4/12/2024 $1,655,000 0.8 Ranch 2,696 1.02 4 3-
B 32 Higgins Hollow Road 7/18/2024 $2,750,000 0.9 Cape 2,299 1.24 2 2-1
Averages 121 days $2,202,500 0.83 --- 2,498 1.13 --- ---  

Estimation of Market Value - $2,313,053

As of today, 09/28/2024, the estimated market value of 5 Grace Way, Truro considering the above 2 comparable properties is $2,313,053.

 

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
@ 5 Grace Way 9/4/1997 $289,000 0 Ranch 2,968 3.5 4 3- -
  Criteria
A 3 Grace Way 5/21/2001 $325,000 0.1 1 -
B 1 Tillie Way 2/7/2011 $159,000 0.1 Ranch 1,417 0.99 2 1-
C 1 Tryworks Road 2/16/1989 $0 0.1 0.82 -
D 3 Tryworks Road 11/30/2015 $450,000 0.1 Contemporary 1,228 0.76 3 1-1
E 4 Grace Way 3/6/2019 $1 0.1 Cape 2,864 0.64 3 3-
F 13 Tryworks Road 12/12/2022 $1,885,000 0.1 Colonial 1,984 1.44 3 2-1
G 13 Gospel Path 2/27/1995 $0 0.1 Colonial 1,988 0.86 3 3-
H 7 Souzas Way 4/4/2017 $10 0.1 Ranch 1,569 2.51 4 3-
I 7 Gospel Path 12/9/2010 $0 0.1 Colonial 2,655 1.1 4 2-1
J 5 Tryworks Road 12/30/1996 $0 0.1 Contemporary 1,552 0.97 4 2-
K 2 Grace Way 6/25/2020 $535,000 0.1 Ranch 1,506 0.67 3 2-
L 15 Gospel Path 3/5/2019 $1 0.1 Colonial 3,010 1.1 4 3-1
M 4 Souzas Way 1/24/2022 $1 0.1 Contemporary 2,439 1.67 3 2-1
N 16 Tryworks Road 3/12/2020 $690,000 0.1 Cape 1,991 1.09 3 2-1
O 5 Gospel Path 6/4/2015 $1,285,000 0.1 Contemporary 1,953 0.85 3 3-
P 11 Gospel Path 3/31/2003 $0 0.1 Cape 3,232 0.63 5 4-
Q 4 Tryworks Road 4/19/2013 $0 0.1 Ranch 768 1.1 2 1-
R 20 Gospel Path 9/15/2014 $100 0.1 Colonial 1,440 0.72 2 2-
S 14 Gospel Path 10/6/1995 $178,000 0.1 Contemporary 1,920 1.6 4 3-
T 51 Castle Road 7/23/1999 $245,000 0.1 Contemporary 3,176 4.82 6 4-
Averages 5314 days $287,606 0.09 --- 1,835 1.27 --- ---  
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
46-99 5 Grace Way