251 Lake Shore Drive, Marstons Mills, MA 02648

251 Lake Shore Drive Marstons Mills MA 02648
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Owner Information
Owner 1
David Abelman & Weil-Abelman Marilyn
Owner 2
Owner's Address
83 Cambridge Pkwy Unit W1008 Cambridge, MA 02142
Market Sale Information
Most recent sale date
8/29/2019
Previous sale date
11/21/2014
Transfer document #
32257-0061
Previous transfer document
28524-0097
Grantor
Lynne Bermont
Previous grantor
Leslie B Stacks
Most recent sale price
$950,000.00
Previous sale price
$0.00
Site Information
Property ID
030-003
Lot Size
1.44
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Modern/Contemp
Number of Rooms
9
Stories
1.5
Number of Beds
4
Year Built
1972
Number of full baths
3
Condition
Number of half baths
0
Finished Area
2183
Number of Kitchen
Gross Living Area
6440
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Air
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$255,700.00
Total value
$1,449,800.00
Building value
$1,099,000.00
Estimated tax
$10,144.00
Yard improvement value
$95,100.00
Flood Map MassMapper Google Street View
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 251 Lake Shore Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $435.18 Style Modern/Contemp Age 1972 Rooms 9 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 6440 Heating Fuel Gas Detached Garage Lot Size 1.44 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,099,000.00 AEM Value - Land $255,700.00 AEM Value - Other $95,100.00 AEM Value - Total $1,449,800.00
A) 44 Deer Hollow Road 0.3 7/30/2024 $477,777 1,751 1 $272.86 Ranch 1973 7 3 2 0 3754 Oil 0.91 Asph/F Gls/Cmp $405,900 $174,900 $54,900 $635,700
B) 1081 River Road 0.4 9/12/2024 $750,000 2,007 1.66 $373.69 Cape Cod 1984 6 3 2 0 4642 Oil 1.05 Wood Shingle $465,700 $177,000 $52,600 $695,300
C) 765 Wakeby Road 0.7 6/28/2024 $970,000 2,086 1 $465.00 Ranch 1986 7 3 2 0 5160 Gas 1 Asph/F Gls/Cmp $520,700 $176,300 $113,700 $810,700
D) 22 Audreys Lane 0.8 10/31/2024 $845,000 1,677 1 $503.88 Ranch 1984 7 3 2 0 3994 Gas 0.5 Asph/F Gls/Cmp $374,200 $157,200 $51,000 $582,400
E) 167 Redberry Lane 0.8 6/6/2024 $743,500 2,416 2 $307.74 Colonial 1989 7 4 3 0 4178 Gas 1 Asph/F Gls/Cmp $448,000 $176,300 $87,000 $711,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 251 Lake Shore Drive 8/29/2019 $950,000 0 Modern/Contemp 2,183 1.44 4 3-0 -
  Criteria
A 44 Deer Hollow Road 7/30/2024 $477,777 0.3 Ranch 1,751 0.91 3 2-0
B 1081 River Road 9/12/2024 $750,000 0.4 Cape Cod 2,007 1.05 3 2-0
C 765 Wakeby Road 6/28/2024 $970,000 0.7 Ranch 2,086 1 3 2-0
D 22 Audreys Lane 10/31/2024 $845,000 0.8 Ranch 1,677 0.5 3 2-0
E 167 Redberry Lane 6/6/2024 $743,500 0.8 Colonial 2,416 1 4 3-0
Averages 108 days $757,255 0.60 --- 1,987 0.89 --- ---  

Estimation of Market Value - $1,214,830

As of today, 11/25/2024, the estimated market value of 251 Lake Shore Drive, Marstons Mills considering the above 5 comparable properties is $1,214,830.

 

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
@ 251 Lake Shore Drive 8/29/2019 $950,000 0 Modern/Contemp 2,183 1.44 4 3-0 -
  Criteria
A 275 Lake Shore Drive 3/3/2020 $360,189 0.0 Ranch 1,348 0.7 2 2-0
B 233 Lake Shore Drive 5/22/2013 $602,500 0.0 Cape Cod 2,845 0.83 3 3-1
C 246 Lake Shore Drive 4/18/2006 $0 0.0 Cape Cod 1,789 0.67 3 2-0
D 289 Lake Shore Drive 4/17/2001 $0 0.1 Ranch 1,448 0.62 3 2-0
E 20 Head Of The Pond Lane 9/24/2013 $480,000 0.1 Ranch 1,994 0.89 3 2-0
F 211 Lake Shore Drive 8/26/2022 $937,500 0.1 Modern/Contemp 1,292 0.65 3 2-0
G 234 Lake Shore Drive 2/28/2014 $329,000 0.1 Cape Cod 1,566 0.67 3 2-0
H 264 Lake Shore Drive 6/22/2004 $100 0.1 Colonial 1,952 0.82 4 3-0
I 34 Head Of The Pond Lane 9/13/2018 $0 0.1 Vacant Land 0.81 -
J 222 Lake Shore Drive 7/6/2018 $399,000 0.1 Colonial 2,576 0.66 4 2-1
K 301 Lake Shore Drive 2/1/1999 $143,000 0.1 Ranch 1,196 0.53 3 1-1
L 9 Bay Head Road 9/15/2015 $327,000 0.1 Cape Cod 1,632 0.5 3 2-1
M 35 Woodcrest Road 3/15/1988 $1 0.1 Colonial 2,128 0.66 3 2-1
N 48 Woodcrest Road 8/6/2024 $850,000 0.1 Colonial 2,916 0.69 5 3-1
O 195 Lake Shore Drive 10/15/1994 $100 0.1 Ranch 1,340 0.5 2 1-1
P 202 Lake Shore Drive 3/14/1969 $0 0.1 Ranch 1,524 0.62 3 2-0
Q 296 Lake Shore Drive 7/14/2005 $345,000 0.1 Cape Cod 1,852 0.5 4 1-1
R 46 Head Of The Pond Lane 9/13/2018 $230,000 0.1 Modern/Contemp 1,548 0.84 3 3-0
S 21 Bay Head Road 1/31/2020 $10 0.1 Ranch 1,352 0.48 3 1-1
T 36 Woodcrest Road 2/1/2010 $1 0.1 Modern/Contemp 1,845 0.62 3 2-1
U 21 Woodcrest Road 11/17/1972 $0 0.1 Cape Cod 1,760 0.73 3 1-1
V 317 Lake Shore Drive 11/16/2018 $360,000 0.1 Ranch 1,196 0.48 3 2-0
W 306 Lake Shore Drive 10/7/1977 $0 0.1 Colonial 1,764 0.46 4 2-1
X 190 Lake Shore Drive 9/28/2018 $371,850 0.1 Ranch 1,432 0.7 3 2-1
Y 29 Cranberry Ridge Road 7/15/1994 $136,000 0.1 Cape Cod 1,907 0.69 4 2-0
Z 17 Cranberry Ridge Road 12/29/2015 $1 0.1 Antique 1,744 0.72 3 2-0
- 43 Cranberry Ridge Road 7/30/2013 $317,000 0.1 Cape Cod 2,101 0.68 4 2-1
- 32 Bay Head Road 7/7/1978 $0 0.1 Ranch 1,628 0.69 3 1-1
- 56 Head Of The Pond Lane 5/31/2017 $475,000 0.1 Modern/Contemp 1,988 0.88 4 2-0
- 5 High View Circle 8/16/2002 $480,000 0.1 Ranch 1,964 0.81 3 3-0
- 23 Head Of The Pond Lane 6/28/2000 $162,500 0.1 Ranch 1,144 0.72 3 2-0
- 245 Asa Meigs Road 2/15/1989 $133,000 0.1 Cape Cod 1,692 0.66 3 3-0
- 22 Woodcrest Road 7/26/2019 $1 0.1 Cape Cod 1,954 0.62 3 2-1
- 154 Lake Shore Drive 3/23/2018 $1 0.1 Cape Cod 1,285 0.74 3 1-0
- 31 Bay Head Road 2/1/2011 $252,000 0.1 Ranch 1,295 0.49 3 1-1
- 201 Asa Meigs Road 2/27/2017 $1 0.1 Ranch 1,536 0.63 2 2-0
- 35 Head Of The Pond Lane 6/20/2023 $584,900 0.1 Ranch 1,464 0.63 3 2-0
- 9 Woodcrest Road 4/15/1994 $1 0.1 Cape Cod 1,608 0.65 3 1-1
- 318 Lake Shore Drive 12/8/2023 $529,000 0.1 Cape Cod 1,566 0.46 4 1-1
Averages 6402 days $225,760 0.09 --- 1,671 0.66 --- ---  
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
030-003 251 Lake Shore Drive