2 Tower Terrace, Wareham, MA 02571

2 Tower Terrace Wareham MA 02571
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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
Flood Map MassMapper Google Street View
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 2 Tower Terrace Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1974 Rooms 7 Bedrooms 4 Full baths 2 Half baths Gross Living Area 3528 Heating Fuel Electric Detached Garage Lot Size 0.23 Roof Cover Asphalt Shing AEM Value - Building $332,900.00 AEM Value - Land $120,900.00 AEM Value - Other $0.00 AEM Value - Total $453,800.00
A) 65 Gibbs Avenue 0.2 8/14/2024 $474,000 1,774 1 $267.19 Cape Cod 1880 7 3 1 1 3704 Hot Water 1.27 Asphalt Shing $282,300 $131,500 $0 $413,800
B) 35 Highland Road 0.3 8/27/2024 $489,000 1,473 1.9 $331.98 Conventional 1930 7 4 1 1 2385 Hot Water 0.16 Asphalt Shing $339,500 $117,400 $0 $456,900
C) 25 Dinah's Way 0.5 10/8/2024 $522,000 1,924 2 $271.31 Colonial 1987 7 4 2 3768 Hot Water 0.69 Asphalt Shing $411,800 $137,000 $0 $548,800
# 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 65 Gibbs Avenue 8/14/2024 $474,000 0.2 Cape Cod 1,774 1.27 3 1-1
B 35 Highland Road 8/27/2024 $489,000 0.3 Conventional 1,473 0.16 4 1-1
C 25 Dinah's Way 10/8/2024 $522,000 0.5 Colonial 1,924 0.69 4 2-
Averages 136 days $495,000 0.34 --- 1,724 0.71 --- ---  

Estimation of Market Value - $483,482

As of today, 01/19/2025, the estimated market value of 2 Tower Terrace, Wareham considering the above 3 comparable properties is $483,482.

 

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
@ 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 4329 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