518 South Main Street, Centerville, MA 02632

518 South Main Street Centerville MA 02632
Owner Information
Owner 1
Mark Gerlovin
Owner 2
Owner's Address
518 S Main Street Centerville, MA 02632
Market Sale Information
Most recent sale date
11/2/2016
Previous sale date
8/9/2007
Transfer document #
C211203-
Previous transfer document
#D1070670-0
Grantor
Alan G Fletcher
Previous grantor
Alan G Fletcher
Most recent sale price
$480,000.00
Previous sale price
$0.00
Site Information
Property ID
207-001-001
Lot Size
1
Use Code
101 - Residential, single family
Zoning
RD-1
Building Style
Colonial
Number of Rooms
9
Stories
2
Number of Beds
3
Year Built
1810
Number of full baths
4
Condition
Number of half baths
0
Finished Area
2040
Number of Kitchen
Gross Living Area
5336
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Carpet
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
$546,700.00
Total value
$1,032,500.00
Building value
$402,100.00
Estimated tax
$6,802.00
Yard improvement value
$83,700.00
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 518 South Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $235.29 Style Colonial Age 1810 Rooms 9 Bedrooms 3 Full baths 4 Half baths 0 Gross Living Area 5336 Heating Fuel Oil Detached Garage Lot Size 1 Roof Cover Asph/F Gls/Cmp AEM Value - Building $402,100.00 AEM Value - Land $546,700.00 AEM Value - Other $83,700.00 AEM Value - Total $1,032,500.00
A) 8 Waterside Drive 0.6 5/2/2024 $685,000 1,642 2 $417.17 Modern/Contemp 1983 8 4 2 0 3578 Gas 0.47 Asph/F Gls/Cmp $366,200 $265,500 $69,700 $701,400
B) 33 Partridge Way 0.6 7/31/2024 $600,000 1,643 1.75 $365.19 Cape Cod 1958 6 3 2 0 2936 Oil 0.37 Asph/F Gls/Cmp $300,000 $259,900 $24,400 $584,300
C) 34 Liam Lane 0.8 5/30/2024 $855,000 1,655 1.75 $516.62 Cape Cod 1982 7 3 2 0 3494 Gas 0.63 Asph/F Gls/Cmp $393,300 $191,700 $55,000 $640,000
D) 195 Fuller Road 0.8 9/3/2024 $730,000 2,104 2 $346.96 Colonial 1974 7 3 2 0 3586 Gas 0.72 Asph/F Gls/Cmp $359,400 $196,500 $41,400 $597,300
E) 48 Sea Marsh Road 0.9 9/6/2024 $1,475,000 2,248 1.5 $656.14 Cape Cod 1981 7 3 2 1 4384 Gas 1 Asph/F Gls/Cmp $469,600 $299,800 $39,700 $809,100
F) 31 Newport Lane 1.0 5/15/2024 $950,000 1,762 1.75 $539.16 Cape Cod 1975 8 3 2 0 4159 Gas 0.24 Wood Shingle $377,200 $325,200 $50,600 $753,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 518 South Main Street 11/2/2016 $480,000 0 Colonial 2,040 1 3 4-0 -
  Criteria
A 8 Waterside Drive 5/2/2024 $685,000 0.6 Modern/Contemp 1,642 0.47 4 2-0
B 33 Partridge Way 7/31/2024 $600,000 0.6 Cape Cod 1,643 0.37 3 2-0
C 34 Liam Lane 5/30/2024 $855,000 0.8 Cape Cod 1,655 0.63 3 2-0
D 195 Fuller Road 9/3/2024 $730,000 0.8 Colonial 2,104 0.72 3 2-0
E 48 Sea Marsh Road 9/6/2024 $1,475,000 0.9 Cape Cod 2,248 1 3 2-1
F 31 Newport Lane 5/15/2024 $950,000 1.0 Cape Cod 1,762 0.24 3 2-0
Averages 77 days $882,500 0.78 --- 1,842 0.57 --- ---  

Estimation of Market Value - $1,157,742

As of today, 09/19/2024, the estimated market value of 518 South Main Street, Centerville considering the above 6 comparable properties is $1,157,742.

 

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
@ 518 South Main Street 11/2/2016 $480,000 0 Colonial 2,040 1 3 4-0 -
  Criteria
A 520 South Main Street 4/4/2014 $338,500 0.0 Conventional 2,249 1.35 4 3-1
B 516 South Main Street 5/8/2023 $1,174,500 0.0 Conventional 2,476 1.06 4 3-1
C 244 Park Avenue 7/31/2023 $819,000 0.0 Modern/Contemp 1,570 0.8 3 2-1
D 149 Beech Leaf Island Road 2/15/1996 $1 0.0 Vacant Land 0.65 -
E 153 Beech Leaf Island Road 10/15/1993 $288,000 0.0 Conventional 3,085 0.54 4 2-1
F 514 South Main Street 11/15/1986 $200,000 0.1 Conventional 2,378 0.5 4 4-0
G 230 Park Avenue 12/26/1991 $0 0.1 Modern/Contemp 2,630 2.8 4 3-0
H 155 Beech Leaf Island Road 8/12/2011 $460,000 0.1 Cape Cod 2,932 0.57 4 3-0
I 147 Beech Leaf Island Road 12/14/2020 $789,000 0.1 Modern/Contemp 3,845 0.53 3 2-1
J 9999 South Main Street 4/15/1987 $1 0.1 Vacant Land 0.37 -
K 512 South Main Street 3/15/1992 $130,000 0.1 Cape Cod 2,190 0.86 2 2-1
L 530 South Main Street 8/15/2014 $385,000 0.1 Ranch 988 1.46 3 1-0
M 156 Beech Leaf Island Road 11/9/2018 $740,000 0.1 Cape Cod 2,600 0.7 3 2-1
N 229 Park Avenue 6/15/1996 $213,000 0.1 Cape Cod 1,533 1.14 3 2-0
O 143 Beech Leaf Island Road 6/23/2016 $635,000 0.1 Cape Cod 2,453 0.59 4 2-1
P 214 Park Avenue 9/27/2022 $1,012,500 0.1 Cape Cod 3,131 0.95 4 2-1
Q 224 Park Avenue 5/2/2007 $620,000 0.1 Modern/Contemp 2,840 2.64 3 2-1
R 488 South Main Street 12/15/2003 $720,000 0.1 Conventional 3,236 0.53 6 4-0
S 504 South Main Street 3/27/2020 $399,000 0.1 Conventional 2,478 0.79 5 2-1
T 0 South Main Street 5/15/1967 $0 0.1 Vacant Land 2 -
U 472 South Main Street 2/8/2013 $330,000 0.1 Conventional 2,013 1.29 5 2-0
V 498 South Main Street 5/25/2017 $530,000 0.1 Antique 1,979 0.26 4 1-1
W 542 South Main Street 12/18/2020 $643,000 0.1 Conventional 2,323 2 4 3-0
X 211 Park Avenue 8/15/1993 $176,000 0.1 Cape Cod 2,229 1.01 3 2-1
Y 27 Orchard Road 10/20/2008 $0 0.1 Antique 1,872 0.95 3 1-1
Z 446 South Main Street 2/1/2008 $385,500 0.1 Antique 1,523 0.6 3 1-1
- 522 South Main Street 7/17/2001 $1 0.1 Conventional 1,527 0.54 3 2-0
Averages 6681 days $406,963 0.08 --- 2,077 1.02 --- ---  
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
207-001-001 518 South Main Street