488 South Main Street, Centerville, MA 02632

488 South Main Street Centerville MA 02632
Owner Information
Owner 1
Carrington Clark & Linda S
Owner 2
Owner's Address
488 South Main St Centerville, MA 02632
Market Sale Information
Most recent sale date
12/15/2003
Previous sale date
7/15/1994
Transfer document #
18031-0341
Previous transfer document
9280-0153
Grantor
Joseph D Kremer
Previous grantor
Ronald F Knight
Most recent sale price
$720,000.00
Previous sale price
$343,000.00
Site Information
Property ID
207-003-001
Lot Size
0.53
Use Code
101 - Residential, single family
Zoning
RD-1
Building Style
Conventional
Number of Rooms
12
Stories
2
Number of Beds
6
Year Built
1870
Number of full baths
4
Condition
Number of half baths
0
Finished Area
3236
Number of Kitchen
Gross Living Area
6754
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 Air
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$494,800.00
Total value
$1,236,500.00
Building value
$621,800.00
Estimated tax
$8,436.00
Yard improvement value
$119,900.00
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 488 South Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $222.50 Style Conventional Age 1870 Rooms 12 Bedrooms 6 Full baths 4 Half baths 0 Gross Living Area 6754 Heating Fuel Gas Detached Garage Lot Size 0.53 Roof Cover Asph/F Gls/Cmp AEM Value - Building $621,800.00 AEM Value - Land $494,800.00 AEM Value - Other $119,900.00 AEM Value - Total $1,236,500.00
A) 121 Beech Leaf Island Road 0.2 4/19/2024 $1,250,000 2,950 1.75 $423.73 Cape Cod 1993 10 3 4 1 6383 Gas 1.35 Asph/F Gls/Cmp $656,000 $346,400 $82,700 $1,085,100
B) 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
C) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 488 South Main Street 12/15/2003 $720,000 0 Conventional 3,236 0.53 6 4-0 -
  Criteria
A 121 Beech Leaf Island Road 4/19/2024 $1,250,000 0.2 Cape Cod 2,950 1.35 3 4-1
B 442 Bay Lane 8/8/2024 $1,600,000 0.4 Colonial 3,957 0.67 4 4-1
C 290 Starboard Lane 6/11/2024 $3,050,000 0.8 Colonial 3,576 1.61 5 3-0
Averages 99 days $1,966,667 0.49 --- 3,494 1.21 --- ---  

Estimation of Market Value - $1,675,781

As of today, 09/19/2024, the estimated market value of 488 South Main Street, Centerville considering the above 3 comparable properties is $1,675,781.

 

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
@ 488 South Main Street 12/15/2003 $720,000 0 Conventional 3,236 0.53 6 4-0 -
  Criteria
A 498 South Main Street 5/25/2017 $530,000 0.0 Antique 1,979 0.26 4 1-1
B 472 South Main Street 2/8/2013 $330,000 0.0 Conventional 2,013 1.29 5 2-0
C 9999 South Main Street 4/15/1987 $1 0.0 Vacant Land 0.37 -
D 512 South Main Street 3/15/1992 $130,000 0.0 Cape Cod 2,190 0.86 2 2-1
E 504 South Main Street 3/27/2020 $399,000 0.0 Conventional 2,478 0.79 5 2-1
F 489 South Main Street 4/20/2018 $100 0.0 Cape Cod 1,979 0.49 4 3-0
G 514 South Main Street 11/15/1986 $200,000 0.1 Conventional 2,378 0.5 4 4-0
H 446 South Main Street 2/1/2008 $385,500 0.1 Antique 1,523 0.6 3 1-1
I 516 South Main Street 5/8/2023 $1,174,500 0.1 Conventional 2,476 1.06 4 3-1
J 522 South Main Street 7/17/2001 $1 0.1 Conventional 1,527 0.54 3 2-0
K 19 Hornbeam Lane 4/18/2018 $100 0.1 Cape Cod 2,091 0.57 3 2-0
L 497 South Main Street 4/18/2018 $100 0.1 Vacant Land 2.14 -
M 530 South Main Street 8/15/2014 $385,000 0.1 Ranch 988 1.46 3 1-0
N 525 South Main Street 4/21/2016 $100 0.1 Conventional 2,648 0.65 3 2-0
O 436 South Main Street 5/3/2012 $680,000 0.1 Inns bed and break 2,364 0.8 5 5-0
P 230 Park Avenue 12/26/1991 $0 0.1 Modern/Contemp 2,630 2.8 4 3-0
Q 461 South Main Street 5/6/2011 $930,500 0.1 Colonial 3,643 3.1 4 3-1
R 439 South Main Street 12/15/2017 $420,000 0.1 Conventional 2,302 0.66 3 2-0
S 542 South Main Street 12/18/2020 $643,000 0.1 Conventional 2,323 2 4 3-0
T 518 South Main Street 11/2/2016 $480,000 0.1 Colonial 2,040 1 3 4-0
U 426 South Main Street 7/15/1989 $135,000 0.1 Cape Cod 1,030 0.31 3 2-0
V 520 South Main Street 4/4/2014 $338,500 0.1 Conventional 2,249 1.35 4 3-1
W 531 South Main Street 12/16/2020 $1,250,000 0.1 Antique 2,932 0.93 5 2-0
X 451 South Main Street 12/8/2010 $1 0.1 Cape Cod 3,232 2.19 4 3-0
Y 418 South Main Street 8/23/2017 $100 0.1 Conventional 1,797 0.74 5 2-0
Z 419 South Main Street 2/28/2014 $432,500 0.1 Conventional 1,349 0.39 5 3-1
- 224 Park Avenue 5/2/2007 $620,000 0.1 Modern/Contemp 2,840 2.64 3 2-1
- 556 South Main Street 4/12/2006 $1 0.1 Colonial 2,789 0.75 4 2-1
Averages 5267 days $338,000 0.08 --- 2,064 1.12 --- ---  
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
207-003-001 488 South Main Street