2 Tower Terrace, Wareham, MA 02571

Owner Information
Owner 1
Daniel J McKay
Owner 2
Mary E McKay
Owner's Address
2 Tower Terr Wareham, MA 02571
Market Sale Information
Most recent sale date
Previous sale date
Transfer document #
0389-0126
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$1.00
Previous sale price
N/A
Site Information
Property ID
61-1
Lot Size
0.23
Use Code
101 - Residential, single family
Zoning
MR30
Building Style
Cape Cod
Number of Rooms
7
Stories
1
Number of Beds
4
Year Built
1974
Number of full baths
2
Condition
Number of half baths
Finished Area
1714
Number of Kitchen
Gross Living Area
3528
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Carpet, Ceramic Tile
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asphalt Shing
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$120,900.00
Total value
$453,800.00
Building value
$332,900.00
Estimated tax
$3,879.00
Yard improvement value
$0.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
136 Marion Road85 Marion Road2 Tower Terrace108 Mayflower Ridge Drive$0$100,000$200,000$300,000$400,000$500,000$600,000Subject PropertyTotal Assessment ($)Total Assessment
Address 2 Tower Terrace A) 85 Marion RoadB) 136 Marion RoadC) 108 Mayflower Ridge Drive
Photo
Plan
Map
Proximity 0.40.60.6
Last Sold 1/17/20255/6/20252/28/2025
Price $510,000$235,000$620,000
Net Living Area 1,7251,4082,132
Stories 222
Sale Price/sft $0.00$295.65$166.90$290.81
Style Cape CodColonialColonialColonial
Age 1974192619321962
Rooms 7787
Bedrooms 4344
Full baths 2112
Half baths 1
Gross Living Area 3528304424804726
Heating Fuel ElectricHot WaterHot WaterHot Water
Detached Garage
Lot Size 0.230.250.340.53
Roof Cover Asphalt ShingAsphalt ShingAsphalt ShingAsphalt Shing
AEM Value - Building $332,900.00$294,100$249,600$394,600
AEM Value - Land $120,900.00$99,100$100,600$127,800
AEM Value - Other $0.00$0$0$0
AEM Value - Total $453,800.00$393,200$350,200$522,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Tower Terrace $1 0 Cape Cod 1,714 0.23 4 2- -
  Criteria
A 85 Marion Road 1/17/2025 $510,000 0.4 Colonial 1,725 0.25 3 1-1
B 136 Marion Road 5/6/2025 $235,000 0.6 Colonial 1,408 0.34 4 1-
C 108 Mayflower Ridge Drive 2/28/2025 $620,000 0.6 Colonial 2,132 0.53 4 2-
Averages 71 days $455,000 0.53 --- 1,755 0.37 --- ---  

Estimation of Market Value - $466,867

As of today, 05/17/2025, the estimated market value of 2 Tower Terrace, Wareham considering the above 3 comparable properties is $466,867.

 

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 Property0 Tower Terrace0 Tremont Road14 Stoney Run Drive559 Main Street0 Main Street531 Main Street525 Main Street16 Gibbs Avenue535 Main Street547 Main Street541 Main Street8 Tower Terrace553 Main Street537 Main Street529 Main Street6 Tower Terrace10 Gibbs Avenue521 Main Street259 High Street31 Gibbs Avenue4 Tower Terrace2 Tower Terrace28 Tower Terrace25 Gibbs Avenue15 Gibbs Avenue549 Main Street20 Tower Terrace$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Tower Terrace $1 0 Cape Cod 1,714 0.23 4 2- -
  Criteria
A 4 Tower Terrace 7/23/2018 $1 0.0 Ranch 1,416 0.28 2 1-1
B 1 Tower Terrace 6/19/1998 $53,000 0.0 Cape Cod 1,684 1.31 3 2-
C 6 Tower Terrace 11/14/2017 $245,000 0.0 Ranch 1,266 0.25 3 1-
D 3 Tower Terrace 7/1/1997 $0 0.0 Colonial 1,656 0.35 3 2-1
E 520 Main Street 10/27/2017 $419,500 0.0 Colonial 3,061 1.43 5 4-
F 8 Tower Terrace 4/24/2008 $1 0.1 Ranch 1,092 0.23 3 1-
G 5 Tower Terrace 4/19/2019 $1 0.1 Ranch 1,608 0.3 3 1-
H 0 Tower Terrace 5/6/2004 $20,199 0.1 Vacant Land 0.23 -
I 15 Gibbs Avenue 6/9/2022 $520,000 0.1 Office Bldg 2,716 1.92 -
J 10 Tower Terrace 9/12/1994 $0 0.1 Colonial 1,944 0.25 4 1-1
K 528 Main Street 12/28/2021 $100 0.1 Conventional 1,663 0.59 3 1-1
L 541 Main Street $0 0.1 Conventional 1,340 0.35 4 1-1
M 537 Main Street 11/21/2012 $28,000 0.1 Conventional 1,681 0.45 3 2-
N 547 Main Street 10/15/2004 $355,000 0.1 Two Family 2,012 0.25 6 2-
O 7 Tower Terrace 5/10/2010 $1 0.1 Ranch 1,304 0.28 3 1-
P 549 Main Street 1/3/2018 $330,224 0.1 Conventional 2,523 0.36 4 2-
Q 535 Main Street 8/29/2023 $350,000 0.1 Conventional 1,392 0.3 3 1-1
R 9 Stoney Run Drive 4/8/2016 $297,500 0.1 Colonial 1,734 0.53 3 2-1
S 9 Tower Terrace 5/21/2021 $423,000 0.1 Cape Cod 1,444 0.31 3 1-1
T 0 Tremont Road $1 0.1 Vacant Land 2.14 -
U 529 Main Street 6/10/2022 $371,000 0.1 Conventional 1,788 0.29 4 1-
V 531 Main Street $0 0.1 Bungalow 864 0.22 3 1-
W 553 Main Street 8/28/2023 $169,500 0.1 Cape Cod 2,193 0.4 5 1-
X 25 Gibbs Avenue 11/17/2021 $405,000 0.1 Conventional 1,932 0.94 5 2-
Y 525 Main Street 11/12/2019 $230,000 0.1 Conventional 979 0.17 2 1-
Z 28 Tower Terrace 9/13/1995 $35,000 0.1 Cape Cod 1,800 0.65 3 2-
- 12 Tower Terrace 10/15/1998 $115,000 0.1 Raised Ranch 1,184 1.04 3 2-
- 521 Main Street 11/23/2007 $10 0.1 Two Family 2,254 0.42 4 2-
- 20 Tower Terrace 1/11/2013 $1 0.1 Colonial 3,460 0.91 4 4-1
- 559 Main Street 12/14/2007 $100 0.1 Cape Cod 1,026 0.11 2 1-
- 10 Gibbs Avenue 1/19/1999 $104,900 0.1 Conventional 1,720 0.13 4 1-1
- 31 Gibbs Avenue 5/31/2017 $298,000 0.1 Conventional 2,039 0.57 3 1-1
- 14 Stoney Run Drive $1 0.1 Vacant Land 2.07 -
- 16 Gibbs Avenue 4/30/2024 $340,000 0.1 Two Family 1,983 0.23 5 2-
- 16 Tower Terrace 4/29/2020 $380,000 0.1 Colonial 1,888 0.29 3 2-1
- 0 Main Street $1 0.1 Outbuildings 0.53 -
- 259 High Street 7/1/2021 $1 0.1 Two Family 2,080 0.1 4 2-
Averages 4447 days $148,380 0.08 --- 1,587 0.57 --- ---  
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
61 1 2 Tower Terrace