1645 Race Lane, Marstons Mills, MA 02648

1645 Race Lane Marstons Mills MA 02648
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Owner Information
Owner 1
Eric Cheng-Yu Fu
Owner 2
Sara Yen
Owner's Address
56 Carleton Street Newton, MA 02458
Market Sale Information
Most recent sale date
5/11/2016
Previous sale date
4/6/2005
Transfer document #
29641-0146
Previous transfer document
19693-0240
Grantor
Mary Garvey
Previous grantor
Mary T Garvey
Most recent sale price
$290,000.00
Previous sale price
$1.00
Site Information
Property ID
047-010-004
Lot Size
1.58
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Ranch
Number of Rooms
5
Stories
1
Number of Beds
3
Year Built
1987
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1396
Number of Kitchen
Gross Living Area
3772
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
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
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$184,400.00
Total value
$605,500.00
Building value
$341,800.00
Estimated tax
$3,382.00
Yard improvement value
$79,300.00
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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 1645 Race Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $207.74 Style Ranch Age 1987 Rooms 5 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3772 Heating Fuel Gas Detached Garage Lot Size 1.58 Roof Cover Asph/F Gls/Cmp AEM Value - Building $341,800.00 AEM Value - Land $184,400.00 AEM Value - Other $79,300.00 AEM Value - Total $605,500.00
A) 82 Cinderella Terrace 0.1 9/25/2024 $600,000 1,346 1.75 $445.77 Cape Cod 1983 4 2 1 0 2640 Gas 0.46 Asph/F Gls/Cmp $286,900 $155,900 $26,600 $469,400
B) 292 Jones Road 0.2 8/30/2024 $525,000 1,430 1 $367.13 Ranch 1978 7 3 2 0 2922 Oil 0.48 Asph/F Gls/Cmp $332,800 $156,500 $35,400 $524,700
C) 145 Fleetwood Path 0.2 10/2/2024 $585,000 1,267 1.75 $461.72 Cape Cod 1999 5 2 2 0 2776 Gas 0.46 Asph/F Gls/Cmp $293,200 $155,900 $34,600 $483,700
D) 37 Shammas Lane 0.3 11/22/2024 $730,500 1,606 1 $454.86 Ranch 1988 6 3 2 0 4228 Gas 1.01 Asph/F Gls/Cmp $387,500 $176,400 $98,700 $662,600
E) 364 Jones Road 0.3 8/23/2024 $615,000 1,406 2 $437.41 Bungalow 1987 5 3 2 0 3004 Gas 0.49 Asph/F Gls/Cmp $245,400 $156,800 $50,100 $452,300
F) 69 Jones Road 0.4 6/4/2024 $521,625 1,069 1.5 $487.96 Bungalow 1977 5 3 1 1 2074 Gas 0.51 Asph/F Gls/Cmp $190,400 $158,000 $26,600 $375,000
G) 41 Blackthorn Road 0.4 8/5/2024 $659,000 1,544 1.75 $426.81 Cape Cod 1975 6 3 2 0 3279 Oil 0.51 Asph/F Gls/Cmp $308,600 $158,000 $49,400 $516,000
H) 332 Old Mill Road 0.5 9/9/2024 $404,900 1,311 2 $308.85 Cape Cod 1977 7 3 1 1 3722 Oil 0.48 Asph/F Gls/Cmp $296,100 $156,500 $50,100 $502,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1645 Race Lane 5/11/2016 $290,000 0 Ranch 1,396 1.58 3 2-0 -
  Criteria
A 82 Cinderella Terrace 9/25/2024 $600,000 0.1 Cape Cod 1,346 0.46 2 1-0
B 292 Jones Road 8/30/2024 $525,000 0.2 Ranch 1,430 0.48 3 2-0
C 145 Fleetwood Path 10/2/2024 $585,000 0.2 Cape Cod 1,267 0.46 2 2-0
D 37 Shammas Lane 11/22/2024 $730,500 0.3 Ranch 1,606 1.01 3 2-0
E 364 Jones Road 8/23/2024 $615,000 0.3 Bungalow 1,406 0.49 3 2-0
F 69 Jones Road 6/4/2024 $521,625 0.4 Bungalow 1,069 0.51 3 1-1
G 41 Blackthorn Road 8/5/2024 $659,000 0.4 Cape Cod 1,544 0.51 3 2-0
H 332 Old Mill Road 9/9/2024 $404,900 0.5 Cape Cod 1,311 0.48 3 1-1
Averages 83 days $580,128 0.29 --- 1,372 0.55 --- ---  

Estimation of Market Value - $647,523

As of today, 11/25/2024, the estimated market value of 1645 Race Lane, Marstons Mills considering the above 8 comparable properties is $647,523.

 

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
@ 1645 Race Lane 5/11/2016 $290,000 0 Ranch 1,396 1.58 3 2-0 -
  Criteria
A 1629 Race Lane 9/26/2019 $395,000 0.0 Cape Cod 1,284 1.74 3 2-0
B 6 Cinderella Terrace 2/14/2013 $1 0.0 Ranch 1,056 0.47 3 2-1
C 28 Cinderella Terrace 12/15/1990 $1 0.0 Ranch 2,072 0.46 3 3-0
D 249 Jones Road 7/19/2017 $1 0.1 Colonial 2,118 0.46 3 1-1
E 15 Cinderella Terrace 9/28/2015 $1 0.1 Bungalow 1,672 0.71 2 1-1
F 225 Jones Road 10/16/2000 $220,000 0.1 Colonial 1,876 1.65 2 2-0
G 44 Cinderella Terrace 8/14/2015 $309,000 0.1 Cape Cod 1,360 0.46 2 1-0
H 259 Jones Road 8/18/2023 $426,000 0.1 Bungalow 1,053 0.51 3 1-1
I 1678 Race Lane 7/15/1986 $1 0.1 Vacant Land 0.1 -
J 5 Drumble Lane 3/20/2009 $0 0.1 Cape Cod 1,544 1.09 3 2-0
K 1605 Race Lane 4/24/2019 $1 0.1 Raised Ranch 2,720 1.12 3 2-1
L 37 Cinderella Terrace 5/11/2020 $318,500 0.1 Colonial 1,248 0.51 3 1-1
M 238 Jones Road 12/17/2008 $100 0.1 Bungalow 1,069 0.57 2 2-0
N 56 Cinderella Terrace 9/27/1993 $95,000 0.1 Cape Cod 2,064 0.46 3 2-0
O 262 Jones Road 1/16/2013 $246,500 0.1 Ranch 1,332 0.56 3 2-0
P 1636 Race Lane 3/15/1990 $1 0.1 Vacant Land 1.65 -
Q 269 Jones Road 12/14/1979 $0 0.1 Vacant Land 0.55 -
R 15 Drumble Lane 10/15/1993 $100,000 0.1 Cape Cod 1,373 1.11 1 1-0
S 1690 Race Lane 10/14/2016 $130,000 0.1 Colonial 1,688 1.24 3 2-0
T 8 Redberry Lane 5/1/2009 $335,000 0.1 Cape Cod 1,958 1 3 2-0
U 57 Cinderella Terrace 9/30/2009 $228,000 0.1 Cape Cod 1,246 0.46 2 1-1
V 210 Jones Road 11/24/1989 $5,350 0.1 Bungalow 1,063 0.52 2 1-1
W 205 Jones Road 12/7/2018 $1 0.1 Bungalow 1,212 1.25 3 2-0
X 1593 Race Lane 6/6/2023 $400,000 0.1 Cape Cod 1,414 0.51 2 1-0
Y 20 Redberry Lane 7/28/2015 $1 0.1 Ranch 1,786 1 3 2-0
Z 70 Cinderella Terrace 8/16/2017 $125,000 0.1 Bungalow 1,360 0.46 3 2-0
- 169 Fleetwood Path 11/28/2012 $1 0.1 Ranch 1,020 0.49 3 2-0
- 1710 Race Lane 4/4/2002 $406,250 0.1 Cape Cod 2,699 1 3 2-1
- 1612 Race Lane 3/15/1990 $1 0.1 Vacant Land 1.65 -
Averages 6338 days $128,956 0.08 --- 1,355 0.82 --- ---  
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
047-010-004 1645 Race Lane