531 South Main Street, Centerville, MA 02632

531 South Main Street Centerville MA 02632
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Owner Information
Owner 1
Terry L Simpson
Owner 2
Owner's Address
15102 Bestor Boulevard Pacific Palisades, CA 90272
Market Sale Information
Most recent sale date
12/16/2020
Previous sale date
3/7/2020
Transfer document #
33583-0267
Previous transfer document
33583-0257
Grantor
Et Al Harvey Arthur W Jr
Previous grantor
Janice A Harvey
Most recent sale price
$1,250,000.00
Previous sale price
$0.00
Site Information
Property ID
206-069
Lot Size
0.93
Use Code
101 - Residential, single family
Zoning
CBDCRNB
Building Style
Antique
Number of Rooms
9
Stories
2
Number of Beds
5
Year Built
1850
Number of full baths
2
Condition
Number of half baths
0
Finished Area
3569
Number of Kitchen
Gross Living Area
7818
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
$963,600.00
Total value
$2,216,100.00
Building value
$1,064,500.00
Estimated tax
$16,282.00
Yard improvement value
$188,000.00
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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 531 South Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $350.24 Style Antique Age 1850 Rooms 9 Bedrooms 5 Full baths 2 Half baths 0 Gross Living Area 7818 Heating Fuel Oil Detached Garage Lot Size 0.93 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,064,500.00 AEM Value - Land $963,600.00 AEM Value - Other $188,000.00 AEM Value - Total $2,216,100.00
A) 442 Bay Lane 0.4 8/8/2024 $1,600,000 3,957 2 $404.35 Colonial 1995 10 4 4 1 8061 Gas 0.67 Asph/F Gls/Cmp $1,055,900 $370,800 $170,000 $1,596,700
B) 290 Starboard Lane 0.8 6/11/2024 $3,050,000 3,576 2 $852.91 Colonial 1997 10 5 3 0 9046 Gas 1.61 Asph/F Gls/Cmp $792,600 $1,165,600 $127,300 $2,085,500
C) 298 Starboard Lane 0.9 11/21/2024 $2,500,000 3,854 1.5 $648.68 Cape Cod 2002 10 5 3 1 8862 Gas 1 Asph/F Gls/Cmp $859,900 $537,800 $88,000 $1,485,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 531 South Main Street 12/16/2020 $1,250,000 0 Antique 3,569 0.93 5 2-0 -
  Criteria
A 442 Bay Lane 8/8/2024 $1,600,000 0.4 Colonial 3,957 0.67 4 4-1
B 290 Starboard Lane 6/11/2024 $3,050,000 0.8 Colonial 3,576 1.61 5 3-0
C 298 Starboard Lane 11/21/2024 $2,500,000 0.9 Cape Cod 3,854 1 5 3-1
Averages 94 days $2,383,333 0.69 --- 3,796 1.09 --- ---  

Estimation of Market Value - $2,653,536

As of today, 11/25/2024, the estimated market value of 531 South Main Street, Centerville considering the above 3 comparable properties is $2,653,536.

 

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
@ 531 South Main Street 12/16/2020 $1,250,000 0 Antique 3,569 0.93 5 2-0 -
  Criteria
A 525 South Main Street 4/21/2016 $100 0.0 Conventional 2,648 0.65 3 2-0
B 545 South Main Street 11/1/2012 $675,000 0.0 Conventional 1,778 1.37 3 1-1
C 19 Hornbeam Lane 4/18/2018 $100 0.0 Cape Cod 2,091 0.57 3 2-0
D 39 Hornbeam Lane 7/2/2001 $100 0.1 Ranch 1,854 2.13 4 3-0
E 571 South Main Street 3/29/2016 $859,000 0.1 Ranch 1,863 1.58 3 2-1
F 522 South Main Street 7/17/2001 $1 0.1 Conventional 1,527 0.54 3 2-0
G 45 Hornbeam Lane 5/28/2015 $990,000 0.1 Cape Cod 4,380 1.94 4 2-1
H 497 South Main Street 4/18/2018 $100 0.1 Vacant Land 2.14 -
I 504 South Main Street 3/27/2020 $399,000 0.1 Conventional 2,478 0.79 5 2-1
J 562 South Main Street 8/19/2003 $340,000 0.1 Conventional 2,163 0.16 5 2-0
K 556 South Main Street 4/12/2006 $1 0.1 Colonial 2,789 0.75 4 2-1
L 498 South Main Street 5/25/2017 $530,000 0.1 Antique 1,979 0.26 4 1-1
M 585 South Main Street 1/23/1998 $1 0.1 Vacant Land 0.95 -
N 489 South Main Street 4/20/2018 $100 0.1 Cape Cod 1,979 0.49 4 3-0
O 16 Coddington Road 12/10/2014 $100 0.1 Conventional 2,643 1.65 3 2-1
P 568 South Main Street 5/23/2014 $315,000 0.1 Conventional 2,576 0.47 8 3-0
Q 542 South Main Street 12/18/2020 $643,000 0.1 Conventional 2,323 2 4 3-0
R 488 South Main Street 12/15/2003 $720,000 0.1 Conventional 3,236 0.53 6 4-0
S 530 South Main Street 8/15/2014 $385,000 0.1 Ranch 988 1.46 3 1-0
T 574 South Main Street 12/10/2020 $620,000 0.1 Conventional 1,485 0.59 3 2-0
U 512 South Main Street 3/15/1992 $130,000 0.1 Cape Cod 2,190 0.86 2 2-1
V 75 Hornbeam Lane 10/2/2013 $1,200,000 0.1 Cape Cod 3,306 3.25 3 2-2
Averages 4777 days $354,846 0.08 --- 2,103 1.14 --- ---  
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
206-069 531 South Main Street