1541 Race Lane, Marstons Mills, MA 02648

1541 Race Lane Marstons Mills MA 02648
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Owner Information
Owner 1
Arthur A Balzotti & Lisa R
Owner 2
Owner's Address
1541 Race Lane Marstons Mills, MA 02648
Market Sale Information
Most recent sale date
2/23/2012
Previous sale date
3/14/2008
Transfer document #
C196412-
Previous transfer document
C185455-0
Grantor
Ronald R Pariseau
Previous grantor
Brad C Pariseau
Most recent sale price
$280,000.00
Previous sale price
$281,000.00
Site Information
Property ID
047-139
Lot Size
0.55
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Cape Cod
Number of Rooms
6
Stories
1.75
Number of Beds
4
Year Built
1987
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1766
Number of Kitchen
Gross Living Area
3988
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 Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$161,200.00
Total value
$565,400.00
Building value
$360,700.00
Estimated tax
$3,061.00
Yard improvement value
$43,500.00
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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 1541 Race Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $158.55 Style Cape Cod Age 1987 Rooms 6 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 3988 Heating Fuel Gas Detached Garage Lot Size 0.55 Roof Cover Asph/F Gls/Cmp AEM Value - Building $360,700.00 AEM Value - Land $161,200.00 AEM Value - Other $43,500.00 AEM Value - Total $565,400.00
A) 37 Shammas Lane 0.1 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
B) 292 Jones Road 0.1 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) 364 Jones Road 0.2 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
D) 82 Cinderella Terrace 0.3 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
E) 47 Redberry Lane 0.4 10/8/2024 $685,000 2,077 1.75 $329.80 Cape Cod 1991 6 3 2 0 4456 Gas 1 Asph/F Gls/Cmp $420,400 $176,300 $51,900 $648,600
F) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1541 Race Lane 2/23/2012 $280,000 0 Cape Cod 1,766 0.55 4 2-0 -
  Criteria
A 37 Shammas Lane 11/22/2024 $730,500 0.1 Ranch 1,606 1.01 3 2-0
B 292 Jones Road 8/30/2024 $525,000 0.1 Ranch 1,430 0.48 3 2-0
C 364 Jones Road 8/23/2024 $615,000 0.2 Bungalow 1,406 0.49 3 2-0
D 82 Cinderella Terrace 9/25/2024 $600,000 0.3 Cape Cod 1,346 0.46 2 1-0
E 47 Redberry Lane 10/8/2024 $685,000 0.4 Cape Cod 2,077 1 3 2-0
F 41 Blackthorn Road 8/5/2024 $659,000 0.4 Cape Cod 1,544 0.51 3 2-0
Averages 72 days $635,750 0.27 --- 1,568 0.66 --- ---  

Estimation of Market Value - $687,388

As of today, 11/29/2024, the estimated market value of 1541 Race Lane, Marstons Mills considering the above 6 comparable properties is $687,388.

 

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
@ 1541 Race Lane 2/23/2012 $280,000 0 Cape Cod 1,766 0.55 4 2-0 -
  Criteria
A 1529 Race Lane 9/30/2019 $393,000 0.0 Ranch 1,968 0.7 2 2-0
B 1555 Race Lane 10/5/2017 $100 0.0 Ranch 1,584 0.46 3 3-0
C 188 Camelback Road 3/15/2019 $365,000 0.0 Cape Cod 1,766 0.51 4 2-0
D 200 Camelback Road 10/30/2009 $290,000 0.0 Ranch 1,360 0.5 3 2-0
E 1567 Race Lane 12/23/2019 $353,900 0.0 Ranch 1,168 0.52 3 2-0
F 178 Camelback Road 5/4/2018 $1 0.0 Ranch 1,720 0.61 3 2-0
G 32 Millrace Road 8/31/2012 $290,000 0.1 Ranch 1,360 0.51 3 2-0
H 20 Millrace Road 6/4/2015 $1 0.1 Ranch 1,358 0.54 3 2-0
I 1515 Race Lane 3/6/2017 $349,000 0.1 Ranch 1,360 0.53 3 2-0
J 27 Shammas Lane 2/18/2015 $480,000 0.1 Cape Cod 3,219 1.2 5 4-0
K 44 Millrace Road 9/26/2017 $100 0.1 Ranch 1,248 0.47 3 2-0
L 11 Shammas Lane 6/1/2012 $390,000 0.1 Ranch 1,612 1.05 3 2-0
M 212 Camelback Road 1/18/2007 $0 0.1 Ranch 1,180 0.52 2 2-0
N 1558 Race Lane 11/6/2006 $1 0.1 Cape Cod 1,898 1.14 4 2-0
O 58 Millrace Road 8/24/1999 $1 0.1 Cape Cod 1,766 0.58 3 2-0
P 1579 Race Lane 11/29/2016 $295,000 0.1 Ranch 1,358 0.56 3 3-0
Q 191 Camelback Road 11/17/2017 $10 0.1 Ranch 1,360 0.61 3 2-0
R 160 Camelback Road 1/29/2019 $350,000 0.1 Ranch 1,492 0.56 2 2-0
S 218 Camelback Road 6/21/1999 $161,000 0.1 Ranch 1,180 0.56 3 2-0
T 7 Millrace Road 7/29/1980 $0 0.1 Vacant Land 0.46 -
U 1590 Race Lane 3/15/1990 $1 0.1 Vacant Land 1.03 -
V 1492 Race Lane 11/9/2017 $345,000 0.1 Ranch 1,040 1.05 3 1-0
W 177 Camelback Road 8/31/2012 $246,000 0.1 Ranch 1,248 0.6 3 2-0
X 11 Camelback Road 7/29/1980 $0 0.1 Vacant Land 0.58 -
Y 8 Camelback Road 12/22/1997 $120,000 0.1 Ranch 1,236 0.48 2 2-0
Z 45 Millrace Road 10/19/2010 $1 0.1 Ranch 1,180 0.5 2 1-1
- 6 Dell Avenue 4/21/2011 $282,000 0.1 Ranch 1,728 0.52 3 2-0
- 37 Shammas Lane 11/22/2024 $730,500 0.1 Ranch 1,606 1.01 3 2-0
- 223 Camelback Road 6/16/2008 $309,400 0.1 Ranch 1,236 0.48 3 3-0
- 49 Shammas Lane 7/18/2011 $390,000 0.1 Colonial 2,448 1.24 3 3-0
- 221 Camelback Road 9/24/2007 $330,000 0.1 Ranch 1,180 0.65 3 2-0
- 1593 Race Lane 6/6/2023 $400,000 0.1 Cape Cod 1,414 0.51 2 1-0
- 59 Millrace Road 3/12/2020 $398,000 0.1 Ranch 1,616 0.67 3 2-0
- 161 Camelback Road 6/6/2017 $100 0.1 Ranch 1,360 0.51 3 2-0
- 26 Shammas Lane 3/12/2020 $1 0.1 Ranch 1,430 1.04 2 1-0
Averages 4945 days $207,660 0.08 --- 1,391 0.67 --- ---  
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
047-139 1541 Race Lane