516 Race Lane, Marstons Mills, MA 02648

516 Race Lane Marstons Mills MA 02648
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Owner Information
Owner 1
James F C Hackney & Alicia M
Owner 2
Owner's Address
516 Race Lane Marstons Mills, MA 02648
Market Sale Information
Most recent sale date
3/13/2014
Previous sale date
7/1/2005
Transfer document #
28030-0263
Previous transfer document
20002-0138
Grantor
Jason R Lilly
Previous grantor
Christopher J Heden
Most recent sale price
$354,000.00
Previous sale price
$419,000.00
Site Information
Property ID
126-003
Lot Size
0.57
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Studio
Number of Rooms
6
Stories
2
Number of Beds
3
Year Built
1958
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1956
Number of Kitchen
Gross Living Area
3127
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
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
$162,900.00
Total value
$414,100.00
Building value
$214,000.00
Estimated tax
$1,849.00
Yard improvement value
$37,200.00
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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 516 Race Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $180.98 Style Studio Age 1958 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3127 Heating Fuel Gas Detached Garage Lot Size 0.57 Roof Cover Asph/F Gls/Cmp AEM Value - Building $214,000.00 AEM Value - Land $162,900.00 AEM Value - Other $37,200.00 AEM Value - Total $414,100.00
A) 26 Mountwood Road 0.6 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
B) 80 Walnut Street 0.8 7/18/2024 $615,000 1,507 1.5 $408.10 Cape Cod 1970 6 3 2 0 2776 Gas 0.5 Asph/F Gls/Cmp $312,800 $157,200 $21,700 $491,700
C) 120 Walnut Street 0.8 7/15/2024 $480,000 1,824 2 $263.16 Antique 1972 6 3 2 0 3392 Oil 0.49 Asph/F Gls/Cmp $344,100 $156,800 $38,300 $539,200
D) 41 Coachman Lane 0.9 9/25/2024 $810,000 2,366 1.75 $342.35 Cape Cod 1985 7 4 2 0 4854 Gas 1 Asph/F Gls/Cmp $482,800 $176,300 $74,900 $734,000
E) 129 Chuckles Way 0.9 10/16/2024 $730,000 1,920 1.75 $380.21 Cape Cod 1990 8 3 3 0 4416 Gas 0.46 Asph/F Gls/Cmp $394,700 $155,900 $55,600 $606,200
F) 8 Filly Way 1.0 11/1/2024 $705,000 1,909 1.5 $369.30 Cape Cod 1988 6 3 2 0 4390 Gas 0.43 Asph/F Gls/Cmp $417,100 $178,100 $47,300 $642,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 516 Race Lane 3/13/2014 $354,000 0 Studio 1,956 0.57 3 2-0 -
  Criteria
A 26 Mountwood Road 10/30/2024 $525,000 0.6 Ranch 1,616 0.45 3 1-1
B 80 Walnut Street 7/18/2024 $615,000 0.8 Cape Cod 1,507 0.5 3 2-0
C 120 Walnut Street 7/15/2024 $480,000 0.8 Antique 1,824 0.49 3 2-0
D 41 Coachman Lane 9/25/2024 $810,000 0.9 Cape Cod 2,366 1 4 2-0
E 129 Chuckles Way 10/16/2024 $730,000 0.9 Cape Cod 1,920 0.46 3 3-0
F 8 Filly Way 11/1/2024 $705,000 1.0 Cape Cod 1,909 0.43 3 2-0
Averages 69 days $644,167 0.83 --- 1,857 0.56 --- ---  

Estimation of Market Value - $564,100

As of today, 11/25/2024, the estimated market value of 516 Race Lane, Marstons Mills considering the above 6 comparable properties is $564,100.

 

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
@ 516 Race Lane 3/13/2014 $354,000 0 Studio 1,956 0.57 3 2-0 -
  Criteria
A 528 Race Lane 7/22/2020 $384,900 0.0 Cape Cod 1,417 0.61 2 2-1
B 508 Race Lane 12/13/2017 $1 0.0 Cape Cod 2,843 2.34 4 3-1
C 544 Race Lane 2/28/2005 $100 0.1 Ranch 1,457 1.21 3 2-1
D 493 Race Lane 8/15/1980 $0 0.1 Churches 5,288 5.01 0 2-
E 15 Evergreen Drive 2/15/1994 $117,000 0.1 Ranch 1,600 1 2 2-0
F 36 Evergreen Drive 7/16/2004 $1 0.1 Cape Cod 2,523 1.01 3 2-1
G 76 Rhody Circle 4/24/1980 $0 0.1 Colonial 2,384 1.5 4 2-1
H 459 Race Lane 12/7/2023 $780,000 0.1 Cape Cod 2,252 1 3 2-1
Averages 7854 days $160,250 0.08 --- 2,471 1.71 --- ---  
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
126-003 516 Race Lane