481 Groveland Street, Abington, MA 02351

481 Groveland Street Abington MA 02351
Owner Information
Owner 1
Weymouth Trust LLC
Owner 2
Owner's Address
1670 Main St South Weymouth, MA 02190
Market Sale Information
Most recent sale date
7/29/2020
Previous sale date
2/29/1996
Transfer document #
53152-0193
Previous transfer document
14171-0238
Grantor
Ernest L Fraser
Previous grantor
Most recent sale price
$330,000.00
Previous sale price
$130,000.00
Site Information
Property ID
13-8
Lot Size
0.94
Use Code
101 - Residential, single family
Zoning
R40
Building Style
Raised Ranch
Number of Rooms
11
Stories
1
Number of Beds
6
Year Built
1974
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1774
Number of Kitchen
Gross Living Area
2480
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet, Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$201,800.00
Total value
$465,600.00
Building value
$263,800.00
Estimated tax
$6,616.00
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 481 Groveland Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $186.02 Style Raised Ranch Age 1974 Rooms 11 Bedrooms 6 Full baths 2 Half baths 0 Gross Living Area 2480 Heating Fuel Oil Detached Garage Lot Size 0.94 Roof Cover Asph/F Gls/Cmp AEM Value - Building $263,800.00 AEM Value - Land $201,800.00 AEM Value - Other $0.00 AEM Value - Total $465,600.00
A) 582 Rockland Street 0.5 8/12/2024 $330,000 1,384 1 $238.44 Raised Ranch 1970 6 3 1 0 2344 Gas 0.5 Asph/F Gls/Cmp $203,000 $193,900 $0 $396,900
B) 112 Karen Lane 0.6 8/16/2024 $525,000 1,700 2 $308.82 Colonial 1973 7 4 1 1 2796 Gas 0.58 Asph/F Gls/Cmp $231,200 $223,700 $0 $454,900
C) 139 Karen Lane 0.6 7/1/2024 $450,000 1,616 1 $278.47 Raised Ranch 1973 7 3 1 1 2408 Gas 0.47 Asph/F Gls/Cmp $226,700 $221,700 $0 $448,400
D) 32 Wilbur Street 0.7 8/30/2024 $425,000 1,352 1.25 $314.35 Bungalow 1925 6 3 1 0 3070 Oil 0.34 Asph/F Gls/Cmp $186,300 $191,000 $0 $377,300
E) 39 Green Street 0.7 9/24/2024 $455,000 1,386 2 $328.28 Colonial 1951 8 5 1 0 2046 Oil 0.16 Asph/F Gls/Cmp $170,000 $165,900 $0 $335,900
F) 14 Olson Street 0.7 7/1/2024 $542,500 1,336 1 $406.06 Ranch 1951 7 3 2 0 3570 Oil 0.17 Asph/F Gls/Cmp $256,400 $167,600 $0 $424,000
G) 47 Highfields Road 0.9 5/31/2024 $640,000 1,540 2 $415.58 Colonial 1967 6 3 2 1 3295 Gas 0.48 Wood Shingle $257,600 $222,600 $0 $480,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 481 Groveland Street 7/29/2020 $330,000 0 Raised Ranch 1,774 0.94 6 2-0 -
  Criteria
A 582 Rockland Street 8/12/2024 $330,000 0.5 Raised Ranch 1,384 0.5 3 1-0
B 112 Karen Lane 8/16/2024 $525,000 0.6 Colonial 1,700 0.58 4 1-1
C 139 Karen Lane 7/1/2024 $450,000 0.6 Raised Ranch 1,616 0.47 3 1-1
D 32 Wilbur Street 8/30/2024 $425,000 0.7 Bungalow 1,352 0.34 3 1-0
E 39 Green Street 9/24/2024 $455,000 0.7 Colonial 1,386 0.16 5 1-0
F 14 Olson Street 7/1/2024 $542,500 0.7 Ranch 1,336 0.17 3 2-0
G 47 Highfields Road 5/31/2024 $640,000 0.9 Colonial 1,540 0.48 3 2-1
Averages 108 days $481,071 0.66 --- 1,473 0.39 --- ---  

Estimation of Market Value - $558,302

As of today, 11/15/2024, the estimated market value of 481 Groveland Street, Abington considering the above 7 comparable properties is $558,302.

 

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
@ 481 Groveland Street 7/29/2020 $330,000 0 Raised Ranch 1,774 0.94 6 2-0 -
  Criteria
A 485 Groveland Street 6/15/2006 $384,900 0.0 Cape Cod 1,512 0.98 3 2-1
B 459 Groveland Street 9/3/1997 $1 0.0 Raised Ranch 1,621 0.91 5 1-1
C 495 Groveland Street 7/9/1998 $182,986 0.0 Cape Cod 1,638 0.97 3 1-1
D 457 Groveland Street 9/30/2015 $357,500 0.0 Two Family 1,760 0.91 5 2-0
E 12 Crossman Circle 11/23/2022 $10 0.1 Raised Ranch 1,582 0.34 3 1-1
F 8 Crossman Circle 9/15/2021 $650,000 0.1 Colonial 2,554 0.49 4 2-1
G 10 Crossman Circle 8/15/2016 $373,000 0.1 Raised Ranch 1,766 0.36 3 2-1
H 14 Crossman Circle 8/5/1999 $86,500 0.1 Colonial 1,872 0.25 4 1-1
I 480 Groveland Street 3/25/2022 $1 0.1 Ranch 1,702 0.82 4 2-0
J 490 Groveland Street 11/20/1992 $158,585 0.1 Colonial 1,898 0.74 3 2-1
K 16 Crossman Circle 7/28/2022 $625,000 0.1 Cape Cod 1,638 0.25 3 2-1
L 505 Groveland Street 5/8/1998 $168,264 0.1 Cape Cod 1,592 0.96 3 1-1
M 458 Groveland Street 4/1/2005 $409,900 0.1 Colonial 2,016 0.83 4 2-0
N 500 Groveland Street 8/17/2022 $699,000 0.1 Colonial 2,016 0.69 3 2-1
O 272 Linwood Street 7/13/1998 $127,000 0.1 Cape Cod 3,325 1.27 3 3-0
P 456 Groveland Street 11/30/2020 $425,000 0.1 Ranch 1,248 0.83 3 1-1
Q 18 Crossman Circle 9/19/2000 $80,500 0.1 Raised Ranch 1,938 0.64 3 2-0
R 248 Linwood Street 10/12/1976 $47,000 0.1 Colonial 3,339 1.56 4 2-0
S 510 Groveland Street 8/25/2021 $10 0.1 Split-Level 1,104 0.69 3 2-0
T 11 Crossman Circle 8/17/2009 $352,500 0.1 Raised Ranch 2,090 0.32 4 2-1
U 13 Crossman Circle 3/29/2010 $100 0.1 Colonial 2,128 0.29 4 2-1
V 9 Crossman Circle 9/15/2000 $80,500 0.1 Raised Ranch 1,858 0.24 3 1-1
W 284 Linwood Street 8/26/1998 $65,000 0.1 Colonial 1,842 0.95 3 2-1
X 515 Groveland Street 9/24/2003 $1 0.1 Raised Ranch 2,444 0.91 3 2-0
Y 2 Hunts Pond Lane 7/28/2003 $1 0.1 Split-Level 2,833 0.69 3 2-0
Z 222 Linwood Street 11/8/2001 $289,000 0.1 Cape Cod 2,566 1.01 2 2-0
- 7 Crossman Circle 6/11/1999 $86,500 0.1 Raised Ranch 1,697 0.23 3 2-0
- 19 Crossman Circle 6/10/1999 $86,500 0.1 Raised Ranch 1,960 0.84 3 1-1
- 15 Crossman Circle 6/29/2000 $80,500 0.1 Raised Ranch 1,864 0.27 3 2-0
- 4 Hunts Pond Lane 11/30/2017 $583,000 0.1 Colonial 2,612 1.13 3 3-1
- 5 Crossman Circle 7/24/2015 $355,000 0.1 Raised Ranch 2,373 0.23 3 2-0
- 17 Crossman Circle 2/2/2006 $1 0.1 Cape Cod 1,638 0.42 3 2-0
- 204 Linwood Street 1/23/2015 $205,000 0.1 Ranch 884 0.58 3 1-0
- 3 Crossman Circle 9/13/2021 $535,000 0.1 Raised Ranch 1,697 0.23 4 2-1
- 6 Hunts Pond Lane 9/7/1995 $80,000 0.1 Split-Level 2,050 0.73 4 2-0
Averages 6357 days $216,393 0.08 --- 1,962 0.67 --- ---  
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
13-8 481 Groveland Street