501 Summer Street, Abington, MA 02351

501 Summer Street Abington MA 02351
Owner Information
Owner 1
Glen I A Peavey & Donna M
Owner 2
Owner's Address
501 Summer St Abington, MA 02351
Market Sale Information
Most recent sale date
9/19/2017
Previous sale date
12/29/2005
Transfer document #
48943-0244
Previous transfer document
31989-0134
Grantor
Roland D Simonelli
Previous grantor
Five Hundred & One Summer Street Real
Most recent sale price
$350,000.00
Previous sale price
$350,000.00
Site Information
Property ID
17-18
Lot Size
0.63
Use Code
101 - Residential, single family
Zoning
R30
Building Style
Cape Cod
Number of Rooms
8
Stories
1
Number of Beds
3
Year Built
1960
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1344
Number of Kitchen
Gross Living Area
2580
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
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
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$196,200.00
Total value
$432,100.00
Building value
$235,900.00
Estimated tax
$6,140.00
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 501 Summer Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $260.42 Style Cape Cod Age 1960 Rooms 8 Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 2580 Heating Fuel Oil Detached Garage Lot Size 0.63 Roof Cover Asph/F Gls/Cmp AEM Value - Building $235,900.00 AEM Value - Land $196,200.00 AEM Value - Other $0.00 AEM Value - Total $432,100.00
A) 632 Summer Street 0.2 6/5/2024 $450,000 1,066 1 $422.14 Ranch 1955 6 2 1 0 2733 Oil 0.37 Asph/F Gls/Cmp $199,900 $191,500 $0 $391,400
B) 285 Centre Avenue 0.3 8/9/2024 $597,000 1,553 2 $384.42 Colonial 1880 7 4 1 1 3134 Gas 0.26 Asph/F Gls/Cmp $242,600 $189,500 $0 $432,100
C) 26 Progress Street 0.4 10/17/2024 $675,000 1,544 1.5 $437.18 Cape Cod 1900 8 3 2 0 2600 Gas 0.38 Asph/F Gls/Cmp $226,400 $191,700 $0 $418,100
D) 114 Peregrine Road 0.4 8/1/2024 $635,000 1,594 1 $398.37 Raised Ranch 1973 7 4 1 1 2984 Gas 0.72 Asph/F Gls/Cmp $246,500 $215,300 $0 $461,800
E) 15 Quincy Street 0.4 8/23/2024 $325,000 1,196 1 $271.74 Conventional 1880 7 3 1 0 2516 Oil 0.1 Asph/F Gls/Cmp $186,200 $169,600 $0 $355,800
F) 186 Chapel Street 0.7 10/24/2024 $380,000 1,462 1 $259.92 Conventional 1830 7 4 1 1 3524 Oil 0.4 Asph/F Gls/Cmp $174,500 $220,500 $0 $395,000
G) 52 Orange Street 0.9 8/30/2024 $475,000 1,360 2 $349.26 Colonial 1957 6 3 1 1 2964 Oil 0.24 Asph/F Gls/Cmp $216,800 $189,200 $0 $406,000
H) 207 Bedford Street 1.0 7/23/2024 $370,000 1,116 1.5 $331.54 Conventional 1900 7 3 1 0 2432 Gas 0.59 Asph/F Gls/Cmp $151,100 $195,500 $0 $346,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 501 Summer Street 9/19/2017 $350,000 0 Cape Cod 1,344 0.63 3 1-1 -
  Criteria
A 632 Summer Street 6/5/2024 $450,000 0.2 Ranch 1,066 0.37 2 1-0
B 285 Centre Avenue 8/9/2024 $597,000 0.3 Colonial 1,553 0.26 4 1-1
C 26 Progress Street 10/17/2024 $675,000 0.4 Cape Cod 1,544 0.38 3 2-0
D 114 Peregrine Road 8/1/2024 $635,000 0.4 Raised Ranch 1,594 0.72 4 1-1
E 15 Quincy Street 8/23/2024 $325,000 0.4 Conventional 1,196 0.1 3 1-0
F 186 Chapel Street 10/24/2024 $380,000 0.7 Conventional 1,462 0.4 4 1-1
G 52 Orange Street 8/30/2024 $475,000 0.9 Colonial 1,360 0.24 3 1-1
H 207 Bedford Street 7/23/2024 $370,000 1.0 Conventional 1,116 0.59 3 1-0
Averages 87 days $488,375 0.54 --- 1,361 0.38 --- ---  

Estimation of Market Value - $504,295

As of today, 11/15/2024, the estimated market value of 501 Summer Street, Abington considering the above 8 comparable properties is $504,295.

 

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
@ 501 Summer Street 9/19/2017 $350,000 0 Cape Cod 1,344 0.63 3 1-1 -
  Criteria
A 515 Summer Street 1/25/1995 $133,000 0.0 Cape Cod 1,344 0.69 3 1-1
B 493 Summer Street 5/13/2021 $100 0.0 Ranch 1,276 0.5 3 2-0
C 483 Summer Street 10/28/2016 $355,000 0.0 Raised Ranch 1,130 0.69 3 1-0
D 527 Summer Street 7/9/2012 $100 0.0 Ranch 1,025 0.41 3 1-0
E 508 Summer Street 6/27/2002 $230,000 0.0 Ranch 886 0.2 2 1-0
F 67 Melvern Road 9/26/2019 $385,000 0.0 Ranch 1,516 0.25 2 1-0
G 518 Summer Street 5/12/2023 $575,000 0.1 Cape Cod 1,392 0.2 3 1-0
H 905 Plymouth Street 10/28/2021 $534,000 0.1 Cape Cod 1,835 0.85 2 2-0
I 38 Melvern Road 12/20/2022 $500,000 0.1 Cape Cod 2,076 0.19 4 2-0
J 921 Plymouth Street 1/18/2019 $100 0.1 Modern/Contemp 2,058 1.04 3 2-0
K 528 Summer Street 9/18/2015 $270,000 0.1 Cape Cod 1,152 0.2 3 1-1
L 482 Summer Street 5/26/2016 $305,000 0.1 Raised Ranch 1,733 0.5 2 1-0
M 34 Melvern Road 8/22/1975 $0 0.1 Split-Level 1,456 0.2 3 1-0
N 895 Plymouth Street 3/27/2013 $432,000 0.1 Two Family 2,960 0.59 4 2-1
O 937 Plymouth Street 1/9/2020 $1 0.1 Three Family 3,030 4.9 5 4-0
P 18 Melvern Road 2/29/1980 $35,500 0.1 Cape Cod 1,116 0.2 3 1-0
Q 472 Summer Street 8/20/2021 $399,900 0.1 Raised Ranch 1,020 0.45 3 1-0
R 45 Melvern Road 11/15/2022 $1 0.1 Raised Ranch 1,390 0.69 3 1-0
S 879 Plymouth Street 8/27/2024 $685,000 0.1 Cape Cod 1,908 0.28 4 2-0
T 37 Melvern Road 12/21/1962 $0 0.1 Cape Cod 1,280 0.24 4 2-0
U 27 Melvern Road 2/5/2021 $330,000 0.1 Ranch 1,043 0.22 3 1-0
V 871 Plymouth Street 6/7/1961 $0 0.1 Cape Cod 1,152 0.23 2 1-0
W 441 Summer Street 1/22/2008 $1,800,000 0.1 Clubs/Lodges 13,544 5.82 0 0-
X 17 Melvern Road 3/5/2021 $448,000 0.1 Cape Cod 1,182 0.21 3 2-0
Y 458 Summer Street 9/12/2017 $1 0.1 Split-Level 1,274 1.72 3 2-0
Z 896 Plymouth Street 6/22/2022 $680,000 0.1 Conventional 2,537 0.74 3 2-0
- 861 Plymouth Street 5/20/1986 $0 0.1 Colonial 1,914 0.22 5 2-0
- 880 Plymouth Street 1/30/1998 $1 0.1 Conventional 1,799 0.54 2 2-1
- 922 Plymouth Street 1/7/2011 $1 0.1 Conventional 1,420 0.69 3 1-1
- 853 Plymouth Street 8/10/2004 $50,000 0.1 Colonial 2,000 0.68 3 3-0
- 912 Plymouth Street 7/18/2012 $261,200 0.1 Conventional 2,067 0.65 5 2-1
- 957 Plymouth Street 10/3/2019 $365,000 0.1 Ranch 1,008 0.45 3 1-0
- 442 Summer Street 7/24/2019 $357,000 0.1 Raised Ranch 1,163 0.9 3 1-0
- 847 Plymouth Street 12/21/2017 $265,000 0.1 Two Family 2,317 4.5 5 3-0
Averages 5536 days $276,350 0.08 --- 1,941 0.91 --- ---  
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
17-18 501 Summer Street