242 Race Lane, Marstons Mills, MA 02648

242 Race Lane Marstons Mills MA 02648
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Owner Information
Owner 1
Stephen R Tr Ward & Jay Paul K
Owner 2
Owner's Address
242 Race Lane Marstons Mills, MA 02648
Market Sale Information
Most recent sale date
11/18/2020
Previous sale date
8/18/2020
Transfer document #
33484-0037
Previous transfer document
33176-0166
Grantor
Stephen R Ward
Previous grantor
Stephen R Ward
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
150-040
Lot Size
0.56
Use Code
101 - Residential, single family
Zoning
RF
Building Style
Ranch
Number of Rooms
6
Stories
1
Number of Beds
2
Year Built
1972
Number of full baths
1
Condition
Number of half baths
0
Finished Area
1004
Number of Kitchen
Gross Living Area
2497
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 Air
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$162,100.00
Total value
$436,800.00
Building value
$231,700.00
Estimated tax
$2,031.00
Yard improvement value
$43,000.00
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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 242 Race Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1972 Rooms 6 Bedrooms 2 Full baths 1 Half baths 0 Gross Living Area 2497 Heating Fuel Gas Detached Garage Lot Size 0.56 Roof Cover Asph/F Gls/Cmp AEM Value - Building $231,700.00 AEM Value - Land $162,100.00 AEM Value - Other $43,000.00 AEM Value - Total $436,800.00
A) 76 Field Road 0.2 8/7/2024 $472,000 1,056 1 $446.97 Ranch 1971 5 3 1 0 2301 Gas 0.46 Asph/F Gls/Cmp $227,000 $155,900 $28,700 $411,600
B) 33 Walnut Street 0.3 6/20/2024 $560,000 1,088 1 $514.71 Ranch 1980 5 3 1 0 2224 Gas 0.46 Asph/F Gls/Cmp $257,400 $155,900 $32,500 $445,800
C) 2 South Precinct Road 0.8 5/31/2024 $610,000 1,104 1 $552.54 Ranch 1978 5 3 2 0 3064 Gas 0.37 Asph/F Gls/Cmp $257,300 $152,900 $50,800 $461,000
D) 37 Willington Avenue 0.8 7/11/2024 $468,000 960 1 $487.50 Ranch 1978 5 3 1 0 2112 Gas 0.48 Asph/F Gls/Cmp $218,400 $180,000 $22,500 $420,900
E) 1650 Old Stage Road 0.8 9/6/2024 $390,000 993 1 $392.75 Conventional 1930 4 2 1 0 1218 Gas 4.61 Asph/F Gls/Cmp $197,400 $387,300 $10,600 $595,300
F) 103 Barberry Lane 0.8 7/24/2024 $375,000 816 1 $459.56 Ranch 1955 4 2 1 0 1240 Oil 0.22 Asph/F Gls/Cmp $160,600 $145,500 $4,700 $310,800
G) 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
H) 89 Lakeside Drive 0.9 8/30/2024 $296,000 948 1 $312.24 Ranch 1960 5 3 1 0 1914 Gas 0.23 Asph/F Gls/Cmp $207,800 $146,700 $15,100 $369,600
I) 458 Flint Street 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 242 Race Lane 11/18/2020 $1 0 Ranch 1,004 0.56 2 1-0 -
  Criteria
A 76 Field Road 8/7/2024 $472,000 0.2 Ranch 1,056 0.46 3 1-0
B 33 Walnut Street 6/20/2024 $560,000 0.3 Ranch 1,088 0.46 3 1-0
C 2 South Precinct Road 5/31/2024 $610,000 0.8 Ranch 1,104 0.37 3 2-0
D 37 Willington Avenue 7/11/2024 $468,000 0.8 Ranch 960 0.48 3 1-0
E 1650 Old Stage Road 9/6/2024 $390,000 0.8 Conventional 993 4.61 2 1-0
F 103 Barberry Lane 7/24/2024 $375,000 0.8 Ranch 816 0.22 2 1-0
G 60 Knowlton Lane 6/6/2024 $660,000 0.8 Ranch 1,184 1 3 2-0
H 89 Lakeside Drive 8/30/2024 $296,000 0.9 Ranch 948 0.23 3 1-0
I 458 Flint Street 10/11/2024 $735,000 1.0 Cape Cod 1,200 0.8 3 2-1
Averages 121 days $507,333 0.72 --- 1,039 0.96 --- ---  

Estimation of Market Value - $488,474

As of today, 11/25/2024, the estimated market value of 242 Race Lane, Marstons Mills considering the above 9 comparable properties is $488,474.

 

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
@ 242 Race Lane 11/18/2020 $1 0 Ranch 1,004 0.56 2 1-0 -
  Criteria
A 254 Race Lane 5/20/2008 $250,000 0.0 Ranch 960 0.55 3 1-0
B 230 Race Lane 2/24/2017 $1 0.0 Ranch 704 0.55 2 1-0
C 276 Tree Top Circle 8/10/1992 $100 0.0 Ranch 1,208 0.46 3 1-0
D 25 Topfield Drive 11/2/2005 $100 0.0 Ranch 768 0.46 2 1-0
E 264 Tree Top Circle 6/17/2020 $100 0.0 Ranch 960 0.46 3 1-0
F 266 Race Lane 10/15/1987 $112,250 0.0 Ranch 1,216 0.54 3 1-1
G 241 Race Lane 6/15/1987 $112,000 0.1 Cape Cod 1,617 0.55 2 2-0
H 9 Mountwood Road 11/6/2019 $324,000 0.1 Ranch 1,186 0.46 3 2-0
I 10 Captain Baker Road 12/18/2007 $270,000 0.1 Ranch 1,608 0.5 3 1-1
J 12 Topfield Drive 1/14/2014 $1 0.1 Ranch 768 0.53 2 1-0
K 250 Tree Top Circle 6/14/2002 $0 0.1 Ranch 1,455 0.46 3 2-0
L 280 Race Lane 10/15/2010 $1 0.1 Ranch 960 0.5 3 1-0
M 275 Tree Top Circle 6/15/1994 $1 0.1 Ranch 768 0.61 2 1-0
N 26 Topfield Drive 9/5/1973 $0 0.1 Ranch 1,184 0.53 3 1-0
O 25 Mountwood Road 8/28/2014 $1 0.1 Ranch 1,892 0.45 4 2-0
P 15 Captain Baker Road 3/25/2014 $1 0.1 Ranch 1,536 0.56 3 2-0
Q 2 Mountwood Road 9/16/2005 $325,000 0.1 Ranch 1,220 0.46 2 1-1
R 297 Tree Top Circle 3/2/1999 $0 0.1 Vacant Land 0.53 -
S 233 Tree Top Circle 12/10/2008 $250,000 0.1 Ranch 1,823 0.52 3 3-0
T 12 Mountwood Road 7/6/2012 $1 0.1 Ranch 1,272 0.46 3 2-0
U 198 Race Lane 9/18/2019 $300,000 0.1 Ranch 1,200 0.68 2 1-0
V 24 Captain Baker Road 7/31/2018 $250,000 0.1 Colonial 1,220 0.47 3 2-0
W 240 Tree Top Circle 4/7/1999 $124,875 0.1 Ranch 1,280 0.49 4 2-0
X 290 Race Lane 12/21/2012 $200,000 0.1 Ranch 964 0.48 2 2-0
Y 17 Captain Baker Road 3/26/2004 $275,000 0.1 Cape Cod 1,478 0.56 3 2-0
Z 17 Field Road 3/2/1999 $0 0.1 Vacant Land 0.48 -
- 17 Tree Top Circle 3/2/1999 $0 0.1 Vacant Land 0.59 -
- 39 Mountwood Road 3/14/1997 $100,000 0.1 Ranch 1,364 0.45 3 1-1
- 211 Tree Top Circle 5/18/1998 $1 0.1 Vacant Land 0.48 -
- 26 Mountwood Road 10/30/2024 $525,000 0.1 Ranch 1,616 0.45 3 1-1
- 26 Field Road 3/2/1999 $0 0.1 Vacant Land 0.46 -
- 31 Captain Baker Road 4/30/2015 $275,000 0.1 Cape Cod 1,544 0.46 3 2-0
- 20 Tree Top Circle 1/25/2010 $240,000 0.1 Cape Cod 1,456 0.91 4 2-1
- 15 Bridle Path 10/30/2020 $1 0.1 Bungalow 1,196 0.58 3 1-1
- 228 Tree Top Circle 5/27/2020 $206,500 0.1 Ranch 960 0.54 3 1-0
- 27 Bridle Path 4/17/2018 $100 0.1 Colonial 1,456 0.54 3 1-1
- 36 Captain Baker Road 8/16/2023 $815,000 0.1 Colonial 2,264 0.46 3 2-1
- 19 Captain Baker Road 9/13/2006 $0 0.1 Colonial 1,632 0.55 3 2-0
- 197 Tree Top Circle 5/18/1998 $1 0.1 Vacant Land 0.48 -
- 29 Field Road 3/2/1999 $0 0.1 Vacant Land 0.48 -
- 14 Captain Studley Road 3/24/2016 $1 0.1 Colonial 1,732 0.46 2 2-0
- 180 Race Lane 4/13/2011 $289,000 0.1 Ranch 1,542 0.97 3 2-0
- 41 Bridle Path 1/15/1987 $119,900 0.1 Ranch 1,008 0.55 3 1-0
- 53 Mountwood Road 5/31/2015 $0 0.1 Ranch 1,244 0.45 3 1-0
- 40 Mountwood Road 9/29/2005 $338,000 0.1 Ranch 1,272 0.57 3 1-0
- 37 Tree Top Circle 12/14/2020 $1 0.1 Ranch 1,056 0.46 3 1-0
- 36 Field Road 1/31/2018 $299,000 0.1 Ranch 960 0.46 3 1-0
- 61 Branch Terrace 9/21/2022 $425,000 0.1 Ranch 960 0.55 3 1-0
Averages 6196 days $133,874 0.09 --- 1,094 0.53 --- ---  
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
150-040 242 Race Lane