480 Main Street, Hanover, MA 02339

Owner Information
Owner 1
Sofia Alcantara
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
2/19/2025
Previous sale date
8/15/2024
Transfer document #
685-133
Previous transfer document
669-125
Grantor
Evergrain Orchard LLC
Previous grantor
Harrigan Hanover Trust
Most recent sale price
$645,000.00
Previous sale price
$420,000.00
Site Information
Property ID
28-23
Lot Size
1.3
Use Code
101 - Residential, single family
Zoning
Building Style
Raised Ranch
Number of Rooms
5
Stories
1
Number of Beds
3
Year Built
1970
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1144
Number of Kitchen
Gross Living Area
2680
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood, Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electr Basebrd
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$307,600.00
Total value
$564,600.00
Building value
$257,000.00
Estimated tax
$7,616.00
Yard improvement value
$0.00
Certified Mass Appraisal
201420152016201720182019202020212022$0$100,000$200,000$300,000$400,000$500,000$600,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
90 Cedar Street170 Old Farm Road211 Silver Street454 Old Town Way345 Plain Street480 Main Street$420,000$440,000$460,000$480,000$500,000$520,000$540,000$560,000$580,000Subject PropertyTotal Assessment ($)Total Assessment
Address 480 Main Street A) 90 Cedar StreetB) 345 Plain StreetC) 454 Old Town WayD) 211 Silver StreetE) 170 Old Farm Road
Photo
Plan
Map
Proximity 0.20.40.90.90.9
Last Sold 3/19/20254/16/20254/15/202512/2/202411/26/2024
Price $486,000$825,000$840,000$590,000$529,000
Net Living Area 1,3721,1321,0081,1001,058
Stories 21111
Sale Price/sft $563.81$354.23$728.80$833.33$536.36$500.00
Style Raised RanchColonialRaised RanchRaised RanchRaised RanchRaised Ranch
Age 197019651969196519681974
Rooms 556556
Bedrooms 332323
Full baths 111112
Half baths 110100
Gross Living Area 268022843364275623362214
Heating Fuel ElectricGasGasGasOilElectric
Detached Garage
Lot Size 1.30.690.720.691.150.98
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $257,000.00$224,900$299,700$280,400$232,700$224,400
AEM Value - Land $307,600.00$244,900$245,500$244,900$255,600$252,600
AEM Value - Other $0.00$0$0$0$0$0
AEM Value - Total $564,600.00$469,800$545,200$525,300$488,300$477,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 480 Main Street 2/19/2025 $645,000 0 Raised Ranch 1,144 1.3 3 1-1 -
  Criteria
A 90 Cedar Street 3/19/2025 $486,000 0.2 Colonial 1,372 0.69 3 1-1
B 345 Plain Street 4/16/2025 $825,000 0.4 Raised Ranch 1,132 0.72 2 1-0
C 454 Old Town Way 4/15/2025 $840,000 0.9 Raised Ranch 1,008 0.69 3 1-1
D 211 Silver Street 12/2/2024 $590,000 0.9 Raised Ranch 1,100 1.15 2 1-0
E 170 Old Farm Road 11/26/2024 $529,000 0.9 Raised Ranch 1,058 0.98 3 2-0
Averages 101 days $654,000 0.67 --- 1,134 0.85 --- ---  

Estimation of Market Value - $698,307

As of today, 05/25/2025, the estimated market value of 480 Main Street, Hanover considering the above 5 comparable properties is $698,307.

 

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
Subject Property436 Main Street68 Cedar Street30 Cedar Street42 Cedarcrest Road480 Main Street506 Main Street443 Main Street56 Cedarcrest Road424 Main Street20 Cedar Street474 Main Street37 Cedar Street40 Cedar Street32 Cedarcrest Road429 Main Street515 Main Street52 Cedarcrest Road210 Stonegate Lane27 Cedar Street$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 480 Main Street 2/19/2025 $645,000 0 Raised Ranch 1,144 1.3 3 1-1 -
  Criteria
A 474 Main Street 11/24/2010 $1 0.0 Colonial 1,856 2.8 4 2-1
B 30 Cedar Street 8/17/2022 $630,000 0.1 Colonial 1,758 0.74 4 2-0
C 20 Cedar Street 12/22/2020 $685,000 0.1 Colonial 1,944 0.52 3 2-1
D 436 Main Street 3/15/2022 $1 0.1 Vacant Land 1.91 -
E 443 Main Street 12/5/2003 $380,000 0.1 Cape Cod 1,855 0.68 4 1-1
F 40 Cedar Street 4/29/2016 $487,000 0.1 Ranch 1,846 0.96 4 2-0
G 52 Cedarcrest Road 9/9/2021 $1 0.1 Raised Ranch 2,720 0.93 4 3-1
H 32 Cedarcrest Road $56,500 0.1 Cape Cod 1,570 2.2 3 1-1
I 42 Cedarcrest Road $0 0.1 Raised Ranch 1,240 0.7 3 1-1
J 210 Stonegate Lane 5/2/2008 $1 0.1 Colonial 3,098 0.71 4 3-0
K 506 Main Street $0 0.1 Antique 3,565 1.38 4 2-1
L 27 Cedar Street 8/1/2017 $630,000 0.1 Colonial 3,322 1.03 4 2-1
M 68 Cedar Street 10/20/2020 $1 0.1 Colonial 1,288 1.69 4 1-1
N 424 Main Street 3/15/2022 $575,000 0.1 Cape Cod 1,872 1.8 2 2-0
O 515 Main Street 1/5/2021 $1 0.1 Cape Cod 2,012 2.21 3 1-1
P 56 Cedarcrest Road 11/3/2023 $830,000 0.1 Raised Ranch 1,136 1.37 4 2-0
Q 429 Main Street 8/27/1997 $210,000 0.1 Antique 2,358 2.02 3 1-1
R 37 Cedar Street 8/2/2024 $850,000 0.1 Cape Cod 1,846 1.14 3 1-1
Averages 3076 days $296,306 0.09 --- 1,960 1.38 --- ---  
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
28-23 480 Main Street