318 Willimantic Drive, Marstons Mills, MA 02648

318 Willimantic Drive Marstons Mills MA 02648

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Owner Information

Owner 1

Michael J McManus & Donna M

Owner 2

Owner's Address

318 Willimantic Drive Marstons Mills, MA 02648

Market Sale Information

Most recent sale date

3/17/2009

Previous sale date

4/7/2003

Transfer document #

23535-0123

Previous transfer document

16704-0167

Grantor

Michael J McManus

Previous grantor

Michael J McManus

Most recent sale price

$1.00

Previous sale price

$1.00

Site Information

Property ID

103-083-001

Lot Size

0.46

Use Code

101 - Residential, single family

Zoning

Building Style

Cape Cod

Number of Rooms

Stories

1.75

Number of Beds

Year Built

1978

Number of full baths

Condition

Number of half baths

Finished Area

1477

Number of Kitchen

Gross Living Area

2884

Number of Fireplaces

Bsmnt floot

Number of parking

Interior walls

Drywall

Floor type

Hardwood

Solar Hot Water

Roof Structure

Gable/Hip

Heating type

Elec Baseboard

Roof Cover

Asph/F Gls/Cmp

Heating fuel

Electric

Frame type

Air Condition (%)

Sidings

Wood Shingle

Assessment Information

Fiscal Year

2024

Land Value

$179,200.00

Total value

$507,900.00

Building value

$301,600.00

Estimated tax

$2,600.00

Yard improvement value

$27,100.00

Flood Map MassMapper Google Street View

Certified Mass Appraisal

Realty Insiter's Estimated Market Value

$680,188 to $599,657

$680,188 - By Sales Comparison

	Living area (sqft)	Sale price
Subject Property
Comparables	1,341	$617,500
	sft x ($617,500/1,341 sft)	$680,188

$599,657 - By Uniform CAMA Approach

	Assessed value	Sale price
Subject Property
Comparables	$523,013	$617,500
	x ($617,500/$523,013)	$599,657

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 318 Willimantic Drive	Proximity	Last Sold	Price	Net Living Area	Stories	Sale Price/sft $0.00	Style Cape Cod	Age 1978	Rooms 6	Bedrooms 4	Full baths 2	Half baths 0	Gross Living Area 2884	Heating Fuel Electric	Lot Size 0.46	Roof Cover Asph/F Gls/Cmp	AEM Value - Building $301,600.00	AEM Value - Land $179,200.00	AEM Value - Other $27,100.00	AEM Value - Total $507,900.00
A) 151 Roseland Terrace	0.1	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	0.2	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	0.3	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) 836 Route 149	0.5	8/30/2024	$545,000	1,459	1.75	$373.54	Cape Cod	1991	7	3	2	0	2848	Oil	0.46	Asph/F Gls/Cmp	$317,100	$155,900	$29,200	$502,200
E) 16 Gooseberry Lane	0.5	7/31/2024	$610,000	1,152	1.4	$529.51	Cape Cod	1978	6	4	1	0	2640	Gas	0.24	Asph/F Gls/Cmp	$299,100	$147,800	$23,600	$470,500
F) 458 Flint Street	0.5	10/11/2024	$735,000	1,200	1.5	$612.50	Cape Cod	1940	7	3	2	1	2410	Oil	0.8	Asph/F Gls/Cmp	$353,100	$173,100	$47,700	$573,900
G) 59 Liberty Lane	0.9	6/10/2024	$750,000	1,346	1.75	$557.21	Cape Cod	1991	6	3	2	0	3620	Gas	0.41	Asph/F Gls/Cmp	$353,800	$177,300	$54,000	$585,100
H) 26 Mountwood Road	1.0	10/30/2024	$525,000	1,616	1	$324.88	Ranch	1978	7	3	1	1	3232	Gas	0.45	Asph/F Gls/Cmp	$352,600	$155,500	$37,400	$545,500

Estimation of Market Value - $639,923

As of today, 11/25/2024, the estimated market value of 318 Willimantic Drive, Marstons Mills considering the above 8 comparable properties is $639,923.

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)

F-HB

318 Willimantic Drive

3/17/2009

Cape Cod

1,477

0.46

2-0

Criteria

A	330 Willimantic Drive	2/6/2009	$332,500	0.0	Ranch	1,572	0.46	2	2-0
B	306 Willimantic Drive	1/10/2018	$278,000	0.0	Cape Cod	1,267	0.46	3	2-0
C	52 Roseland Terrace	4/1/2020	$429,000	0.0	Colonial	2,579	0.48	3	2-1
D	64 Roseland Terrace	7/26/2016	$1	0.0	Cape Cod	1,296	0.48	3	2-0
E	40 Roseland Terrace	9/7/2010	$1	0.0	Antique	1,454	0.52	4	2-0
F	331 Willimantic Drive	11/15/1984	$19,000	0.0	Cape Cod	2,247	0.97	3	1-0
G	305 Willimantic Drive	9/21/2017	$1	0.0	Ranch	1,052	0.5	3	1-0
H	294 Willimantic Drive	5/14/2024	$522,500	0.0	Cape Cod	1,267	0.46	3	2-0
I	342 Willimantic Drive	8/23/1978	$0	0.1	Split-Level	1,120	0.92	3	1-0
J	24 Roseland Terrace	10/27/2000	$199,000	0.1	Cape Cod	1,530	0.84	3	2-0
K	63 Roseland Terrace	3/18/2010	$1	0.1	Cape Cod	1,291	0.48	3	1-1
L	105 Columbia Avenue	7/20/2010	$1	0.1	Cape Cod	3,055	0.99	4	3-1
M	75 Willington Avenue	2/9/2005	$10	0.1	Ranch	1,176	0.48	3	1-1
N	76 Roseland Terrace	10/16/2017	$340,000	0.1	Antique	1,466	0.89	3	1-1
O	45 Roseland Terrace	9/15/1991	$85,000	0.1	Cape Cod	1,267	0.46	2	1-0
P	282 Willimantic Drive	9/24/1998	$129,900	0.1	Cape Cod	1,236	0.46	2	2-0
Q	79 Columbia Avenue	4/15/1987	$1	0.1	Cape Cod	1,698	0.48	3	1-1
R	281 Willimantic Drive	7/31/1974	$30,000	0.1	Ranch	960	0.49	3	1-0
S	80 Willington Avenue	10/30/2013	$1	0.1	Colonial	2,671	0.96	4	2-1
T	29 Roseland Terrace	11/15/1991	$1	0.1	Cape Cod	1,618	0.46	2	1-1
U	95 Roseland Terrace	8/26/1994	$105,000	0.1	Cape Cod	1,712	0.46	3	2-0
V	8 Roseland Terrace	6/15/1990	$120,000	0.1	Ranch	1,789	0.74	3	1-1
W	78 Roseland Terrace	8/15/1986	$0	0.1	Vacant Land		0.09		-
X	121 Roseland Terrace	8/19/2005	$367,000	0.1	Cape Cod	1,476	0.46	3	1-1
Y	67 Columbia Avenue	1/8/2016	$1	0.1	Vacant Land		0.96		-
Z	63 Willington Avenue	9/27/2013	$215,000	0.1	Cape Cod	1,152	0.48	4	2-0
-	270 Willimantic Drive	9/27/2012	$197,000	0.1	Ranch	1,332	0.46	2	1-1
-	372 Willimantic Drive	3/3/2015	$1	0.1	Raised Ranch	1,078	0.46	3	1-1
-	137 Roseland Terrace	3/1/2012	$1	0.1	Cape Cod	1,538	0.46	3	2-0
-	13 Roseland Terrace	10/2/2019	$365,000	0.1	Ranch	1,396	0.46	2	1-0
-	104 Columbia Avenue	6/29/2018	$335,000	0.1	Raised Ranch	912	0.54	3	2-0
-	90 Roseland Terrace	11/16/2018	$355,000	0.1	Cape Cod	1,618	0.46	3	1-1
-	1110 Route 149	6/27/2019	$385,000	0.1	Cape Cod	1,618	0.46	3	2-0
-	84 Hartford Avenue	7/29/2014	$275,000	0.1	Cape Cod	1,346	0.48	3	1-0
-	14 Knowlton Lane	8/24/2018	$439,000	0.1	Cape Cod	1,661	1.04	3	2-0
-	76 Columbia Avenue	3/24/1972	$0	0.1	Ranch	1,810	0.64	4	2-0
-	151 Roseland Terrace	9/25/2024	$530,000	0.1	Cape Cod	1,344	0.46	3	1-1
-	49 Willington Avenue	12/29/2006	$0	0.1	Cape Cod	1,408	0.48	4	2-0
-	384 Willimantic Drive	11/10/2003	$1	0.1	Antique	1,764	0.46	4	2-0
-	258 Willimantic Drive	3/18/2009	$195,000	0.1	Ranch	1,664	0.46	2	1-0
-	102 Roseland Terrace	7/27/2017	$1	0.1	Cape Cod	1,437	0.58	3	2-0
-	43 Columbia Avenue	3/28/2018	$332,900	0.1	Cape Cod	1,152	0.48	3	2-0
-	114 Columbia Avenue	4/13/2018	$315,000	0.1	Ranch	1,200	1.11	3	1-0
-	58 Columbia Avenue	9/20/1965	$0	0.1	Cape Cod	1,563	0.64	4	2-0

Averages

6800 days

$156,723

0.08

---

1,450

0.58

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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

103-083-001 318 Willimantic Drive