291 South Shore Drive, South Yarmouth, MA 02664

291 South Shore Drive South Yarmouth MA 02664
Owner Information
Owner 1
Rj Resorts Blue Water Resort Owner LLC
Owner 2
Owner's Address
65 E 55th St 33 Fl New York, NY 10022
Market Sale Information
Most recent sale date
11/4/2021
Previous sale date
11/1/1995
Transfer document #
C228137-
Previous transfer document
D651175
Grantor
Blue Water LTD Partnership
Previous grantor
Palmer Davenport
Most recent sale price
$11,800,000.00
Previous sale price
$0.00
Site Information
Property ID
26-126
Lot Size
3.63
Use Code
301 - Motels
Zoning
Building Style
Motel
Number of Rooms
Stories
2
Number of Beds
80
Year Built
1965
Number of full baths
0
Condition
Number of half baths
Finished Area
4770
Number of Kitchen
Gross Living Area
6900
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Flat
Heating type
Gas
Roof Cover
T+G/Rubber
Heating fuel
Hot Air-No Duc
Frame type
Wood Frame
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2025
Land Value
$2,654,800.00
Total value
$5,782,600.00
Building value
$3,127,800.00
Estimated tax
$40,940.00
Yard improvement value
$0.00
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 291 South Shore Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $2,473.79 Style Motel Age 1965 Rooms Bedrooms 80 Full baths 0 Half baths Gross Living Area 6900 Heating Fuel Hot Air-No Duc Detached Garage Lot Size 3.63 Roof Cover T+G/Rubber AEM Value - Building $3,127,800.00 AEM Value - Land $2,654,800.00 AEM Value - Other $0.00 AEM Value - Total $5,782,600.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 291 South Shore Drive 11/4/2021 $11,800,000 0 Motel 4,770 3.63 80 0- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 291 South Shore Drive 11/4/2021 $11,800,000 0 Motel 4,770 3.63 80 0- -
  Criteria
A 301 South Shore Drive 11/4/2021 $5,700,000 0.0 Motel 6,998 1.08 14 0-
B 277 South Shore Drive 8/14/2012 $100 0.1 Motel 19,621 3.35 0 0-
C 135 Wilfin Road 1/25/2000 $99 0.1 Vacant Land 0.4 -
D 327 South Shore Drive 11/17/2021 $16,900,000 0.1 Motel 18,164 5 125 0-
E 278 South Shore Drive 2/25/2008 $100 0.1 Colonial 2,812 0.5 4 2-1
F 129 Wilfin Road 7/14/1998 $0 0.1 Cape Cod 2,094 0.21 3 2-1
G 178 Run Pond Road 3/12/2013 $100 0.1 Colonial 1,912 0.21 3 2-1
H 123 Wilfin Road 10/26/2017 $100 0.1 Cape Cod 2,307 0.23 4 2-1
I 265 South Shore Drive 12/20/1982 $0 0.1 Outbuildings 3 -
J 172 Run Pond Road 3/13/2017 $100 0.1 Ranch 1,842 0.26 2 1-1
K 310 South Shore Drive 3/21/2007 $300,000 0.1 Ranch 1,779 1.53 2 2-0
L 120 Wilfin Road 4/29/2022 $100 0.1 Cape Cod 1,512 0.2 4 2-0
Averages 5300 days $1,908,392 0.09 --- 4,920 1.33 --- ---  
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
26 126 291 South Shore Drive