1018 Race Lane, Marstons Mills, MA 02648

1018 Race Lane Marstons Mills MA 02648
Owner Information
Owner 1
Steven J Bishopric & Lynne B
Owner 2
Owner's Address
P O Box 656 Marstons Mills, MA 02648
Market Sale Information
Most recent sale date
11/12/1996
Previous sale date
2/15/1994
Transfer document #
10478-0054
Previous transfer document
P0513EP1-0
Grantor
Corinne Yetman
Previous grantor
Hannah T Hord
Most recent sale price
$239,000.00
Previous sale price
$1.00
Site Information
Property ID
083-006
Lot Size
1.25
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Conventional
Number of Rooms
6
Stories
1.75
Number of Beds
3
Year Built
1942
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1428
Number of Kitchen
Gross Living Area
3722
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
Oil
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$179,900.00
Total value
$541,700.00
Building value
$312,200.00
Estimated tax
$2,871.00
Yard improvement value
$49,600.00
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 1018 Race Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $167.37 Style Conventional Age 1942 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3722 Heating Fuel Oil Detached Garage Lot Size 1.25 Roof Cover Asph/F Gls/Cmp AEM Value - Building $312,200.00 AEM Value - Land $179,900.00 AEM Value - Other $49,600.00 AEM Value - Total $541,700.00
A) 151 Roseland Terrace 0.6 9/25/2024 $530,000 1,344 1 $394.35 Cape Cod 1978 6 3 1 1 4712 Oil 0.46 Asph/F Gls/Cmp $301,700 $155,900 $47,400 $505,000
B) 60 Knowlton Lane 0.8 6/6/2024 $660,000 1,184 1 $557.43 Ranch 1986 7 3 2 0 3244 Gas 1 Asph/F Gls/Cmp $282,300 $176,300 $51,200 $509,800
C) 117 Lakeside Drive 0.9 7/24/2024 $585,000 1,426 1.5 $410.24 Cape Cod 1990 6 3 2 0 2832 Gas 0.29 Asph/F Gls/Cmp $311,300 $150,300 $30,500 $492,100
D) 37 Shammas Lane 1.0 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 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1018 Race Lane 11/12/1996 $239,000 0 Conventional 1,428 1.25 3 2-0 -
  Criteria
A 151 Roseland Terrace 9/25/2024 $530,000 0.6 Cape Cod 1,344 0.46 3 1-1
B 60 Knowlton Lane 6/6/2024 $660,000 0.8 Ranch 1,184 1 3 2-0
C 117 Lakeside Drive 7/24/2024 $585,000 0.9 Cape Cod 1,426 0.29 3 2-0
D 37 Shammas Lane 11/22/2024 $730,500 1.0 Ranch 1,606 1.01 3 2-0
E 364 Jones Road 8/23/2024 $615,000 1.0 Bungalow 1,406 0.49 3 2-0
Averages 92 days $624,100 0.85 --- 1,393 0.65 --- ---  

Estimation of Market Value - $642,214

As of today, 11/26/2024, the estimated market value of 1018 Race Lane, Marstons Mills considering the above 5 comparable properties is $642,214.

 

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
@ 1018 Race Lane 11/12/1996 $239,000 0 Conventional 1,428 1.25 3 2-0 -
  Criteria
A 1028 Race Lane 11/12/1996 $239,000 0.0 Vacant Land 1.7 -
B 1037 Race Lane 12/7/2006 $850,000 0.1 Cape Cod 2,683 1 3 2-1
C 1042 Race Lane 5/15/1995 $1 0.1 Vacant Land 3.37 -
D 1049 Race Lane 10/25/2012 $10 0.1 Cape Cod 2,495 1.3 3 2-1
E 20 Links Lane 4/18/2013 $0 0.1 Ranch 1,964 0.64 3 2-0
F 36 Links Lane 9/10/2003 $546,000 0.1 Cape Cod 2,676 0.65 3 2-1
G 10 Indian Pond Point 6/18/2020 $1 0.1 Colonial 3,648 1.25 3 3-1
H 50 Links Lane 3/22/2004 $535,000 0.1 Ranch 1,810 0.65 3 2-1
Averages 6647 days $271,252 0.08 --- 1,910 1.32 --- ---  
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
083-006 1018 Race Lane