550 Groveland Street, Abington, MA 02351

550 Groveland Street Abington MA 02351
Owner Information
Owner 1
James & Mary Ann Polito Rev Asset Trust
Owner 2
Owner's Address
550 Groveland St Abington, MA 02351
Market Sale Information
Most recent sale date
4/12/2021
Previous sale date
8/8/1994
Transfer document #
54767-0074
Previous transfer document
13072-0149
Grantor
James A Polito
Previous grantor
Most recent sale price
$1.00
Previous sale price
$65,000.00
Site Information
Property ID
13-94
Lot Size
0.69
Use Code
101 - Residential, single family
Zoning
R30
Building Style
Ranch
Number of Rooms
6
Stories
1
Number of Beds
3
Year Built
1994
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1613
Number of Kitchen
Gross Living Area
2977
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
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
$197,300.00
Total value
$495,700.00
Building value
$298,400.00
Estimated tax
$7,043.00
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 550 Groveland Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1994 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2977 Heating Fuel Oil Detached Garage Lot Size 0.69 Roof Cover Asph/F Gls/Cmp AEM Value - Building $298,400.00 AEM Value - Land $197,300.00 AEM Value - Other $0.00 AEM Value - Total $495,700.00
A) 582 Rockland Street 0.6 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) 32 Wilbur Street 0.6 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
C) 39 Green Street 0.6 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
D) 112 Karen Lane 0.7 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
E) 192 Groveland Street 0.7 10/15/2024 $500,000 1,308 1 $382.26 Ranch 1965 6 3 1 1 5530 Oil 0.46 Asph/F Gls/Cmp $351,700 $193,100 $0 $544,800
F) 139 Karen Lane 0.7 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
G) 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
H) 295 Ashland Street 0.8 9/20/2024 $700,000 1,290 1 $542.64 Raised Ranch 1964 6 3 1 1 2628 Oil 0.57 Asph/F Gls/Cmp $216,300 $223,500 $0 $439,800
I) 47 Highfields Road 1.0 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
@ 550 Groveland Street 4/12/2021 $1 0 Ranch 1,613 0.69 3 2-0 -
  Criteria
A 582 Rockland Street 8/12/2024 $330,000 0.6 Raised Ranch 1,384 0.5 3 1-0
B 32 Wilbur Street 8/30/2024 $425,000 0.6 Bungalow 1,352 0.34 3 1-0
C 39 Green Street 9/24/2024 $455,000 0.6 Colonial 1,386 0.16 5 1-0
D 112 Karen Lane 8/16/2024 $525,000 0.7 Colonial 1,700 0.58 4 1-1
E 192 Groveland Street 10/15/2024 $500,000 0.7 Ranch 1,308 0.46 3 1-1
F 139 Karen Lane 7/1/2024 $450,000 0.7 Raised Ranch 1,616 0.47 3 1-1
G 14 Olson Street 7/1/2024 $542,500 0.7 Ranch 1,336 0.17 3 2-0
H 295 Ashland Street 9/20/2024 $700,000 0.8 Raised Ranch 1,290 0.57 3 1-1
I 47 Highfields Road 5/31/2024 $640,000 1.0 Colonial 1,540 0.48 3 2-1
Averages 94 days $507,500 0.73 --- 1,435 0.41 --- ---  

Estimation of Market Value - $575,399

As of today, 11/15/2024, the estimated market value of 550 Groveland Street, Abington considering the above 9 comparable properties is $575,399.

 

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
@ 550 Groveland Street 4/12/2021 $1 0 Ranch 1,613 0.69 3 2-0 -
  Criteria
A 560 Groveland Street 12/11/1997 $172,500 0.0 Ranch 1,643 0.69 3 3-0
B 1 Hunts Pond Lane 11/6/2024 $940,000 0.0 Colonial 4,133 0.69 5 3-2
C 3 Hunts Pond Lane 3/15/2019 $406,000 0.0 Split-Level 1,824 0.84 3 2-1
D 2 Hunts Pond Lane 7/28/2003 $1 0.1 Split-Level 2,833 0.69 3 2-0
E 525 Groveland Street 6/1/2017 $324,900 0.1 Split-Level 1,217 0.93 2 1-0
F 5 Hunts Pond Lane 5/24/2021 $1 0.1 Split-Level 2,099 0.91 3 2-0
G 515 Groveland Street 9/24/2003 $1 0.1 Raised Ranch 2,444 0.91 3 2-0
H 510 Groveland Street 8/25/2021 $10 0.1 Split-Level 1,104 0.69 3 2-0
I 535 Groveland Street 11/17/2022 $659,000 0.1 Raised Ranch 1,939 2.01 3 2-0
J 7 Hunts Pond Lane 11/13/1997 $188,700 0.1 Colonial 2,956 2.58 4 3-0
K 505 Groveland Street 5/8/1998 $168,264 0.1 Cape Cod 1,592 0.96 3 1-1
L 4 Hunts Pond Lane 11/30/2017 $583,000 0.1 Colonial 2,612 1.13 3 3-1
M 500 Groveland Street 8/17/2022 $699,000 0.1 Colonial 2,016 0.69 3 2-1
N 495 Groveland Street 7/9/1998 $182,986 0.1 Cape Cod 1,638 0.97 3 1-1
O 9 Hunts Pond Lane 5/31/2022 $100 0.1 Colonial 3,095 11.37 5 4-1
P 490 Groveland Street 11/20/1992 $158,585 0.1 Colonial 1,898 0.74 3 2-1
Q 6 Hunts Pond Lane 9/7/1995 $80,000 0.1 Split-Level 2,050 0.73 4 2-0
R 18 Crossman Circle 9/19/2000 $80,500 0.1 Raised Ranch 1,938 0.64 3 2-0
S 485 Groveland Street 6/15/2006 $384,900 0.1 Cape Cod 1,512 0.98 3 2-1
T 19 Crossman Circle 6/10/1999 $86,500 0.1 Raised Ranch 1,960 0.84 3 1-1
Averages 5698 days $255,747 0.08 --- 2,125 1.5 --- ---  
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
13-94 550 Groveland Street