575 Race Lane, Marstons Mills, MA 02648

575 Race Lane Marstons Mills MA 02648
Owner Information
Owner 1
Carsten H Schanche
Owner 2
Owner's Address
575 Race Lane Marstons Mills, MA 02648
Market Sale Information
Most recent sale date
6/1/2010
Previous sale date
12/15/1995
Transfer document #
C191543-
Previous transfer document
C139171-0
Grantor
Charles W Re
Previous grantor
William Byrne
Most recent sale price
$495,000.00
Previous sale price
$55,000.00
Site Information
Property ID
103-133
Lot Size
1
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Cape Cod
Number of Rooms
6
Stories
1.75
Number of Beds
3
Year Built
1996
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2873
Number of Kitchen
Gross Living Area
7332
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
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
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$176,300.00
Total value
$1,022,300.00
Building value
$775,800.00
Estimated tax
$6,720.00
Yard improvement value
$70,200.00
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 575 Race Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $172.29 Style Cape Cod Age 1996 Rooms 6 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 7332 Heating Fuel Gas Detached Garage Lot Size 1 Roof Cover Asph/F Gls/Cmp AEM Value - Building $775,800.00 AEM Value - Land $176,300.00 AEM Value - Other $70,200.00 AEM Value - Total $1,022,300.00
A) 189 Evergreen Drive 0.4 10/7/2024 $1,265,000 3,432 2 $368.59 Colonial 1980 8 4 3 1 7808 Gas 1.04 Asph/F Gls/Cmp $684,600 $389,300 $98,600 $1,172,500
B) 1503 Route 149 0.7 6/10/2024 $1,317,500 3,453 1.5 $381.55 Cape Cod 1700 10 3 4 1 7898 Gas 1.52 Asph/F Gls/Cmp $632,500 $183,700 $86,500 $902,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 575 Race Lane 6/1/2010 $495,000 0 Cape Cod 2,873 1 3 2-1 -
  Criteria
A 189 Evergreen Drive 10/7/2024 $1,265,000 0.4 Colonial 3,432 1.04 4 3-1
B 1503 Route 149 6/10/2024 $1,317,500 0.7 Cape Cod 3,453 1.52 3 4-1
Averages 112 days $1,291,250 0.53 --- 3,443 1.28 --- ---  

Estimation of Market Value - $1,174,923

As of today, 11/28/2024, the estimated market value of 575 Race Lane, Marstons Mills considering the above 2 comparable properties is $1,174,923.

 

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
  • 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
@ 575 Race Lane 6/1/2010 $495,000 0 Cape Cod 2,873 1 3 2-1 -
  Criteria
A 26 Willimantic Drive 2/25/2004 $298,500 0.0 Ranch 1,160 0.47 2 2-0
B 15 Evergreen Drive 2/15/1994 $117,000 0.0 Ranch 1,600 1 2 2-0
C 38 Willimantic Drive 5/18/2017 $323,000 0.0 Ranch 1,110 0.47 3 2-0
D 12 Willimantic Drive 9/19/2016 $0 0.0 Ranch 1,059 0.5 3 1-0
E 33 Evergreen Drive 10/16/2008 $326,000 0.0 Ranch 2,102 1 4 2-0
F 52 Willimantic Drive 11/22/2019 $425,000 0.1 Cape Cod 1,346 0.47 3 2-1
G 25 Willimantic Drive 9/12/2018 $1 0.1 Cape Cod 938 0.6 4 1-0
H 64 Willimantic Drive 8/19/2019 $1 0.1 Ranch 1,030 0.48 3 1-1
I 49 Willimantic Drive 9/8/2015 $1 0.1 Cape Cod 1,553 0.52 3 2-0
J 49 Evergreen Drive 3/25/2008 $0 0.1 Cape Cod 2,262 1.07 4 2-0
K 16 Webster Road 9/15/1992 $103,350 0.1 Cape Cod 1,560 0.62 3 2-1
L 63 Willimantic Drive 5/20/2016 $295,000 0.1 Ranch 1,668 0.46 3 2-0
M 544 Race Lane 2/28/2005 $100 0.1 Ranch 1,457 1.21 3 2-1
N 76 Willimantic Drive 3/29/2019 $399,500 0.1 Cape Cod 2,074 0.47 3 2-0
O 19 Hartford Avenue 2/19/1981 $0 0.1 Cape Cod 1,505 0.47 3 2-0
P 36 Evergreen Drive 7/16/2004 $1 0.1 Cape Cod 2,523 1.01 3 2-1
Q 24 Hartford Avenue 8/15/1986 $107,000 0.1 Ranch 1,286 0.48 2 2-1
R 25 Webster Road 8/17/2007 $1 0.1 Ranch 1,208 0.56 3 1-1
S 528 Race Lane 7/22/2020 $384,900 0.1 Cape Cod 1,417 0.61 2 2-1
T 625 Race Lane 8/29/2014 $245,000 0.1 Ranch 1,308 0.46 3 1-0
U 20 New Haven Avenue 4/4/2018 $1 0.1 Ranch 1,056 0.47 2 1-0
V 56 Evergreen Drive 11/30/2012 $350,000 0.1 Cape Cod 2,805 1 4 3-1
W 61 Evergreen Drive 2/10/2012 $295,000 0.1 Cape Cod 2,060 1 3 3-1
X 31 Hartford Avenue 2/14/2018 $10 0.1 Cape Cod 1,224 0.47 4 2-0
Y 90 Willimantic Drive 5/29/2018 $1 0.1 Cape Cod 2,474 0.47 3 3-1
Z 79 Willimantic Drive 4/30/2003 $285,000 0.1 Cape Cod 1,582 0.5 3 2-0
- 36 Hartford Avenue 5/25/2012 $1 0.1 Cape Cod 1,082 0.48 4 1-0
Averages 5481 days $146,458 0.09 --- 1,572 0.64 --- ---  
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
103-133 575 Race Lane