1045 Putnam Avenue, Marstons Mills, MA 02648

1045 Putnam Avenue Marstons Mills MA 02648
Owner Information
Owner 1
Zohrab Orchanian
Owner 2
Owner's Address
7 Glendale Road Burlington, MA 01803
Market Sale Information
Most recent sale date
1/15/1990
Previous sale date
11/15/1985
Transfer document #
C119664-
Previous transfer document
C104125-0
Grantor
Araxi Micaelian
Previous grantor
Yvonne Brown
Most recent sale price
$80,000.00
Previous sale price
$87,000.00
Site Information
Property ID
057-006-001
Lot Size
0.49
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Ranch
Number of Rooms
5
Stories
1
Number of Beds
3
Year Built
1981
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1906
Number of Kitchen
Gross Living Area
3054
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Elec Baseboard
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$219,600.00
Total value
$671,900.00
Building value
$425,000.00
Estimated tax
$3,914.00
Yard improvement value
$27,300.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 1045 Putnam Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $41.97 Style Ranch Age 1981 Rooms 5 Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 3054 Heating Fuel Electric Detached Garage Lot Size 0.49 Roof Cover Asph/F Gls/Cmp AEM Value - Building $425,000.00 AEM Value - Land $219,600.00 AEM Value - Other $27,300.00 AEM Value - Total $671,900.00
A) 11 Tupelo Road 0.3 8/9/2024 $675,000 1,598 1 $422.40 Ranch 1985 4 2 2 0 4552 Oil 0.51 Asph/F Gls/Cmp $418,800 $181,700 $81,500 $682,000
B) 63 Acadia Drive 0.3 6/3/2024 $800,000 1,580 1 $506.33 Cape Cod 2002 6 3 2 0 5332 Gas 1.13 Asph/F Gls/Cmp $414,700 $204,900 $79,300 $698,900
C) 78 Dory Circle 0.5 6/25/2024 $855,000 2,012 1.75 $424.95 Cape Cod 1991 7 3 2 1 4976 Gas 0.79 Asph/F Gls/Cmp $500,000 $242,100 $54,500 $796,600
D) 54 Roosevelt Road 0.7 7/15/2024 $834,900 1,903 1.66 $438.73 Cape Cod 1996 5 3 2 1 5386 Gas 0.53 Asph/F Gls/Cmp $477,000 $183,600 $59,600 $720,200
E) 300 Lovell's Lane 1.0 5/10/2024 $520,000 2,184 1 $238.10 Ranch 1969 7 3 3 0 4736 Gas 1.58 Asph/F Gls/Cmp $424,900 $184,600 $84,800 $694,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1045 Putnam Avenue 1/15/1990 $80,000 0 Ranch 1,906 0.49 3 1-1 -
  Criteria
A 11 Tupelo Road 8/9/2024 $675,000 0.3 Ranch 1,598 0.51 2 2-0
B 63 Acadia Drive 6/3/2024 $800,000 0.3 Cape Cod 1,580 1.13 3 2-0
C 78 Dory Circle 6/25/2024 $855,000 0.5 Cape Cod 2,012 0.79 3 2-1
D 54 Roosevelt Road 7/15/2024 $834,900 0.7 Cape Cod 1,903 0.53 3 2-1
E 300 Lovell's Lane 5/10/2024 $520,000 1.0 Ranch 2,184 1.58 3 3-0
Averages 87 days $736,980 0.55 --- 1,855 0.91 --- ---  

Estimation of Market Value - $723,178

As of today, 09/19/2024, the estimated market value of 1045 Putnam Avenue, Marstons Mills considering the above 5 comparable properties is $723,178.

 

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
  • 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
@ 1045 Putnam Avenue 1/15/1990 $80,000 0 Ranch 1,906 0.49 3 1-1 -
  Criteria
A 18 Frazier Way 4/30/2003 $240,000 0.0 Ranch 1,876 0.53 3 1-1
B 1051 Putnam Avenue 8/11/2000 $155,000 0.0 Cape Cod 1,267 1 3 2-0
C 15 Frazier Way 7/9/2014 $100 0.0 Ranch 1,232 0.62 2 1-0
D 30 Frazier Way 1/31/2013 $200,000 0.1 Ranch 1,323 0.51 2 1-0
E 3821 Falmouth Road-Route 28 6/24/2024 $4,150,000 0.1 Military 2,167 2.14 0 0-
F 1065 Putnam Avenue 4/15/1989 $159,900 0.1 Ranch 1,508 1 3 2-0
G 1030 Putnam Avenue 2/28/2008 $2,295,000 0.1 Lg Ret Condo 8,775 1.37 0 0-
H 0 Putnam Avenue 5/1/1997 $310,000 0.1 Vacant Land 0.13 -
I 20 Caitlyn Circle 10/15/1989 $1 0.1 Vacant Land 1.14 -
J 995 Putnam Avenue 5/19/1999 $100 0.1 Ranch 1,586 1.75 4 2-0
K 16 Devon Lane 5/27/2020 $1 0.1 Colonial 2,253 1.02 4 2-1
L 42 Frazier Way 1/26/2001 $149,400 0.1 Ranch 1,116 0.48 3 2-1
M 1081 Putnam Avenue 4/22/2014 $1 0.1 Cape Cod 1,866 1 3 2-0
N 49 Frazier Way 6/13/2012 $1 0.1 Ranch 1,592 0.49 3 2-0
O 36 Devon Lane 6/19/2020 $485,000 0.1 Colonial 2,032 1.03 3 2-1
P 3821 Falmouth Road-Route 28 LOT 1 6/30/2015 $1,443,000 0.1 Fast Food,REG 4,026 0.34 0 0-
Q 23 Caitlyn Circle 10/15/1989 $1 0.1 Vacant Land 1.18 -
R 983 Putnam Avenue 6/27/2012 $1 0.1 Ranch 1,856 1 4 2-0
S 0 Devon Lane 7/24/2018 $0 0.1 Vacant Land 0.24 -
T 54 Frazier Way 10/8/1998 $180,000 0.1 Colonial 1,904 0.53 3 2-1
U 65 Frazier Way 2/15/1986 $1 0.1 Ranch 1,196 0.62 3 2-0
V 10 Caitlyn Circle 5/15/2003 $1 0.1 Colonial 2,216 1.01 3 2-1
W 1500 Old Post Road 6/28/2004 $436,500 0.1 Ranch 2,185 1 3 2-1
X 970 Putnam Avenue 5/1/2020 $1 0.1 Conventional 2,128 1.01 3 2-1
Y 48 Devon Lane 4/21/1998 $1 0.1 Colonial 1,744 1.07 3 2-1
Averages 6744 days $408,160 0.08 --- 1,834 0.89 --- ---  
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
057-006-001 1045 Putnam Avenue