550 Summer Street, Abington, MA 02351

550 Summer Street Abington MA 02351
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Owner Information
Owner 1
Thomas J Fallano & Carol A
Owner 2
Owner's Address
550 Summer Street Abington, MA 02351
Market Sale Information
Most recent sale date
5/25/1993
Previous sale date
Transfer document #
11887-0173
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$1.00
Previous sale price
N/A
Site Information
Property ID
25-25
Lot Size
0.37
Use Code
101 - Residential, single family
Zoning
R30
Building Style
Raised Ranch
Number of Rooms
7
Stories
1
Number of Beds
4
Year Built
1970
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1827
Number of Kitchen
Gross Living Area
2732
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood, Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$191,500.00
Total value
$469,600.00
Building value
$278,100.00
Estimated tax
$6,673.00
Yard improvement value
$0.00
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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 550 Summer Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Raised Ranch Age 1970 Rooms 7 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 2732 Heating Fuel Gas Detached Garage Lot Size 0.37 Roof Cover Asph/F Gls/Cmp AEM Value - Building $278,100.00 AEM Value - Land $191,500.00 AEM Value - Other $0.00 AEM Value - Total $469,600.00
A) 879 Plymouth Street 0.1 8/27/2024 $685,000 1,908 1 $359.01 Cape Cod 1947 7 4 2 0 4212 Oil 0.28 Asph/F Gls/Cmp $307,000 $189,900 $0 $496,900
B) 932 Plymouth Street 0.1 6/27/2024 $710,000 1,872 2 $379.27 Colonial 2001 5 3 2 1 3624 Oil 0.61 Asph/F Gls/Cmp $300,400 $195,800 $0 $496,200
C) 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
D) 114 Peregrine Road 0.3 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) 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
F) 45 Centre Avenue 0.7 10/18/2024 $480,000 2,094 1.75 $229.23 Conventional 1901 9 4 1 0 3622 Oil 0.22 Asph/F Gls/Cmp $239,500 $187,300 $0 $426,800
G) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 550 Summer Street 5/25/1993 $1 0 Raised Ranch 1,827 0.37 4 2-0 -
  Criteria
A 879 Plymouth Street 8/27/2024 $685,000 0.1 Cape Cod 1,908 0.28 4 2-0
B 932 Plymouth Street 6/27/2024 $710,000 0.1 Colonial 1,872 0.61 3 2-1
C 285 Centre Avenue 8/9/2024 $597,000 0.3 Colonial 1,553 0.26 4 1-1
D 114 Peregrine Road 8/1/2024 $635,000 0.3 Raised Ranch 1,594 0.72 4 1-1
E 26 Progress Street 10/17/2024 $675,000 0.4 Cape Cod 1,544 0.38 3 2-0
F 45 Centre Avenue 10/18/2024 $480,000 0.7 Conventional 2,094 0.22 4 1-0
G 186 Chapel Street 10/24/2024 $380,000 0.7 Conventional 1,462 0.4 4 1-1
Averages 72 days $594,571 0.40 --- 1,718 0.41 --- ---  

Estimation of Market Value - $628,647

As of today, 11/15/2024, the estimated market value of 550 Summer Street, Abington considering the above 7 comparable properties is $628,647.

 

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
@ 550 Summer Street 5/25/1993 $1 0 Raised Ranch 1,827 0.37 4 2-0 -
  Criteria
A 560 Summer Street 5/29/2015 $244,000 0.0 Ranch 1,089 0.37 3 1-0
B 880 Plymouth Street 1/30/1998 $1 0.0 Conventional 1,799 0.54 2 2-1
C 578 Summer Street 12/18/1992 $110,000 0.0 Colonial 1,740 0.38 3 2-0
D 551 Summer Street 8/21/2014 $361,000 0.0 Raised Ranch 2,041 0.61 3 2-0
E 868 Plymouth Street 2/26/2021 $450,000 0.0 Conventional 2,098 0.68 3 1-1
F 896 Plymouth Street 6/22/2022 $680,000 0.0 Conventional 2,537 0.74 3 2-0
G 874 Plymouth Street 6/16/2006 $1 0.0 Colonial 2,464 2.2 4 2-1
H 563 Summer Street 11/21/1994 $148,600 0.1 Conventional 3,565 0.71 3 3-1
I 596 Summer Street 8/27/2015 $300,000 0.1 Ranch 1,360 0.38 3 2-0
J 879 Plymouth Street 8/27/2024 $685,000 0.1 Cape Cod 1,908 0.28 4 2-0
K 871 Plymouth Street 6/7/1961 $0 0.1 Cape Cod 1,152 0.23 2 1-0
L 573 Summer Street 1/22/1993 $125,000 0.1 Split-Level 1,588 0.71 3 1-0
M 861 Plymouth Street 5/20/1986 $0 0.1 Colonial 1,914 0.22 5 2-0
N 912 Plymouth Street 7/18/2012 $261,200 0.1 Conventional 2,067 0.65 5 2-1
O 895 Plymouth Street 3/27/2013 $432,000 0.1 Two Family 2,960 0.59 4 2-1
P 583 Summer Street 6/15/1981 $43,000 0.1 Conventional 1,613 0.54 3 2-0
Q 614 Summer Street 7/5/2018 $349,000 0.1 Ranch 1,089 0.38 3 1-0
R 528 Summer Street 9/18/2015 $270,000 0.1 Cape Cod 1,152 0.2 3 1-1
S 18 Melvern Road 2/29/1980 $35,500 0.1 Cape Cod 1,116 0.2 3 1-0
T 17 Melvern Road 3/5/2021 $448,000 0.1 Cape Cod 1,182 0.21 3 2-0
U 599 Summer Street 2/27/2017 $350,000 0.1 Colonial 1,430 0.53 3 1-1
V 853 Plymouth Street 8/10/2004 $50,000 0.1 Colonial 2,000 0.68 3 3-0
W 922 Plymouth Street 1/7/2011 $1 0.1 Conventional 1,420 0.69 3 1-1
X 527 Summer Street 7/9/2012 $100 0.1 Ranch 1,025 0.41 3 1-0
Y 905 Plymouth Street 10/28/2021 $534,000 0.1 Cape Cod 1,835 0.85 2 2-0
Z 632 Summer Street 6/5/2024 $450,000 0.1 Ranch 1,066 0.37 2 1-0
- 518 Summer Street 5/12/2023 $575,000 0.1 Cape Cod 1,392 0.2 3 1-0
- 34 Captain Standish Drive 7/27/2016 $100 0.1 Cape Cod 3,746 1.57 3 2-1
- 34 Melvern Road 8/22/1975 $0 0.1 Split-Level 1,456 0.2 3 1-0
- 605 Summer Street 2/7/2011 $100 0.1 Bungalow 1,288 0.96 2 2-0
- 27 Melvern Road 2/5/2021 $330,000 0.1 Ranch 1,043 0.22 3 1-0
- 11 Belcher Street 3/15/2019 $645,369 0.1 Colonial 2,382 0.72 3 2-1
- 30 Captain Standish Drive 1/31/2001 $1 0.1 Cape Cod 4,783 1.34 4 2-1
- 515 Summer Street 1/25/1995 $133,000 0.1 Cape Cod 1,344 0.69 3 1-1
- 932 Plymouth Street 6/27/2024 $710,000 0.1 Colonial 1,872 0.61 3 2-1
- 835 Plymouth Street 1/11/2013 $1 0.1 Cape Cod 1,512 0.66 3 2-0
- 640 Summer Street 7/30/1997 $185,000 0.1 Cape Cod 1,979 0.71 4 2-0
- 508 Summer Street 6/27/2002 $230,000 0.1 Ranch 886 0.2 2 1-0
- 38 Melvern Road 12/20/2022 $500,000 0.1 Cape Cod 2,076 0.19 4 2-0
Averages 6226 days $247,051 0.08 --- 1,820 0.58 --- ---  
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
25-25 550 Summer Street