1515 Race Lane, Marstons Mills, MA 02648

1515 Race Lane Marstons Mills MA 02648
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Owner Information
Owner 1
David L Damico
Owner 2
Owner's Address
117 Cleveland Street West Newton, MA 02465
Market Sale Information
Most recent sale date
3/6/2017
Previous sale date
9/28/2016
Transfer document #
C212229-
Previous transfer document
C210811-0
Grantor
Kenneth P Tomasian
Previous grantor
Michelle C Covell
Most recent sale price
$349,000.00
Previous sale price
$230,000.00
Site Information
Property ID
047-141
Lot Size
0.53
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Ranch
Number of Rooms
6
Stories
1
Number of Beds
3
Year Built
1986
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1360
Number of Kitchen
Gross Living Area
3252
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
$159,600.00
Total value
$582,200.00
Building value
$366,700.00
Estimated tax
$3,195.00
Yard improvement value
$55,900.00
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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 1515 Race Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $256.62 Style Ranch Age 1986 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3252 Heating Fuel Gas Detached Garage Lot Size 0.53 Roof Cover Asph/F Gls/Cmp AEM Value - Building $366,700.00 AEM Value - Land $159,600.00 AEM Value - Other $55,900.00 AEM Value - Total $582,200.00
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) 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
C) 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
D) 145 Fleetwood Path 0.3 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
E) 82 Cinderella Terrace 0.4 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
F) 41 Blackthorn Road 0.5 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
G) 69 Jones Road 0.5 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
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
@ 1515 Race Lane 3/6/2017 $349,000 0 Ranch 1,360 0.53 3 2-0 -
  Criteria
A 37 Shammas Lane 11/22/2024 $730,500 0.1 Ranch 1,606 1.01 3 2-0
B 364 Jones Road 8/23/2024 $615,000 0.2 Bungalow 1,406 0.49 3 2-0
C 292 Jones Road 8/30/2024 $525,000 0.2 Ranch 1,430 0.48 3 2-0
D 145 Fleetwood Path 10/2/2024 $585,000 0.3 Cape Cod 1,267 0.46 2 2-0
E 82 Cinderella Terrace 9/25/2024 $600,000 0.4 Cape Cod 1,346 0.46 2 1-0
F 41 Blackthorn Road 8/5/2024 $659,000 0.5 Cape Cod 1,544 0.51 3 2-0
G 69 Jones Road 6/4/2024 $521,625 0.5 Bungalow 1,069 0.51 3 1-1
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 0.33 --- 1,372 0.55 --- ---  

Estimation of Market Value - $626,351

As of today, 11/25/2024, the estimated market value of 1515 Race Lane, Marstons Mills considering the above 8 comparable properties is $626,351.

 

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
@ 1515 Race Lane 3/6/2017 $349,000 0 Ranch 1,360 0.53 3 2-0 -
  Criteria
A 20 Millrace Road 6/4/2015 $1 0.0 Ranch 1,358 0.54 3 2-0
B 1529 Race Lane 9/30/2019 $393,000 0.0 Ranch 1,968 0.7 2 2-0
C 32 Millrace Road 8/31/2012 $290,000 0.0 Ranch 1,360 0.51 3 2-0
D 7 Millrace Road 7/29/1980 $0 0.0 Vacant Land 0.46 -
E 11 Camelback Road 7/29/1980 $0 0.0 Vacant Land 0.58 -
F 1492 Race Lane 11/9/2017 $345,000 0.1 Ranch 1,040 1.05 3 1-0
G 11 Shammas Lane 6/1/2012 $390,000 0.1 Ranch 1,612 1.05 3 2-0
H 1541 Race Lane 2/23/2012 $280,000 0.1 Cape Cod 1,766 0.55 4 2-0
I 44 Millrace Road 9/26/2017 $100 0.1 Ranch 1,248 0.47 3 2-0
J 8 Camelback Road 12/22/1997 $120,000 0.1 Ranch 1,236 0.48 2 2-0
K 1479 Race Lane 7/29/1980 $0 0.1 Vacant Land 0.5 -
L 178 Camelback Road 5/4/2018 $1 0.1 Ranch 1,720 0.61 3 2-0
M 27 Camelback Road 10/23/2023 $525,000 0.1 Vacant Land 0.51 -
N 27 Shammas Lane 2/18/2015 $480,000 0.1 Cape Cod 3,219 1.2 5 4-0
O 45 Millrace Road 10/19/2010 $1 0.1 Ranch 1,180 0.5 2 1-1
P 188 Camelback Road 3/15/2019 $365,000 0.1 Cape Cod 1,766 0.51 4 2-0
Q 58 Millrace Road 8/24/1999 $1 0.1 Cape Cod 1,766 0.58 3 2-0
R 1555 Race Lane 10/5/2017 $100 0.1 Ranch 1,584 0.46 3 3-0
S 26 Shammas Lane 3/12/2020 $1 0.1 Ranch 1,430 1.04 2 1-0
T 30 Camelback Road 11/14/2001 $100 0.1 Cape Cod 1,766 0.55 3 3-0
U 1470 Race Lane 3/12/2020 $1 0.1 Ranch 1,652 1.07 3 2-0
V 1465 Race Lane 7/29/1980 $0 0.1 Vacant Land 0.52 -
W 200 Camelback Road 10/30/2009 $290,000 0.1 Ranch 1,360 0.5 3 2-0
X 37 Shammas Lane 11/22/2024 $730,500 0.1 Ranch 1,606 1.01 3 2-0
Y 58 Camelback Road 12/15/1986 $140,000 0.1 Ranch 1,360 0.7 3 2-0
Z 34 Elmwood Drive 7/29/1980 $0 0.1 Vacant Land 0.61 -
- 59 Millrace Road 3/12/2020 $398,000 0.1 Ranch 1,616 0.67 3 2-0
- 160 Camelback Road 1/29/2019 $350,000 0.1 Ranch 1,492 0.56 2 2-0
- 43 Matthew Way 11/14/2005 $100 0.1 Ranch 1,040 0.82 3 1-1
- 1567 Race Lane 12/23/2019 $353,900 0.1 Ranch 1,168 0.52 3 2-0
- 1558 Race Lane 11/6/2006 $1 0.1 Cape Cod 1,898 1.14 4 2-0
- 74 Camelback Road 6/3/2008 $1 0.1 Ranch 1,360 0.56 4 3-0
- 191 Camelback Road 11/17/2017 $10 0.1 Ranch 1,360 0.61 3 2-0
- 1451 Race Lane 7/29/1980 $0 0.1 Vacant Land 0.52 -
- 49 Shammas Lane 7/18/2011 $390,000 0.1 Colonial 2,448 1.24 3 3-0
- 40 Shammas Lane 11/13/1998 $180,000 0.1 Ranch 1,635 1.09 3 2-0
- 212 Camelback Road 1/18/2007 $0 0.1 Ranch 1,180 0.52 2 2-0
- 43 Camelback Road 12/15/1990 $109,900 0.1 Ranch 1,040 0.53 2 2-0
Averages 6551 days $161,335 0.08 --- 1,269 0.69 --- ---  
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
047-141 1515 Race Lane