123 Fair Acres Drive, Hanover, MA 02339

Owner Information
Owner 1
George F Egan & Joan R
Owner 2
Owner's Address
123 Fair Acres Drive Hanover, MA 02339
Market Sale Information
Most recent sale date
12/16/2014
Previous sale date
08/31/1970
Transfer document #
45054-0271
Previous transfer document
3615-0098
Grantor
Mary S Deame
Previous grantor
Most recent sale price
$372,000.00
Previous sale price
$0.00
Site Information
Property ID
44-111
Lot Size
0.69
Use Code
101 - Residential, single family
Zoning
Building Style
Raised Ranch
Number of Rooms
6
Stories
1
Number of Beds
3
Year Built
1970
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1044
Number of Kitchen
Gross Living Area
2415
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
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$244,900.00
Total value
$524,200.00
Building value
$279,300.00
Estimated tax
$7,071.00
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
60 Franklin Road68 Jefferson Road472 Circuit Street123 Fair Acres Drive345 Plain Street480 Main Street$0$100,000$200,000$300,000$400,000$500,000$600,000Subject PropertyTotal Assessment ($)Total Assessment
Address 123 Fair Acres Drive A) 68 Jefferson RoadB) 60 Franklin RoadC) 345 Plain StreetD) 480 Main StreetE) 472 Circuit Street
Photo
Plan
Map
Proximity 0.40.50.50.71.0
Last Sold 3/18/20252/20/20254/16/20252/19/20253/21/2025
Price $560,000$525,000$825,000$645,000$515,000
Net Living Area 1,2291,2251,1321,144883
Stories 11111
Sale Price/sft $356.32$455.66$428.57$728.80$563.81$583.24
Style Raised RanchRanchRanchRaised RanchRaised RanchRanch
Age 197019781967196919701953
Rooms 666655
Bedrooms 332232
Full baths 211111
Half baths 000010
Gross Living Area 241524541365336426801821
Heating Fuel OilGas/PropaneGasGasElectricOil
Detached Garage
Lot Size 0.690.460.460.721.30.64
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $279,300.00$229,600$167,500$299,700$257,000$197,500
AEM Value - Land $244,900.00$191,300$191,300$245,500$307,600$243,900
AEM Value - Other $0.00$0$0$0$0$0
AEM Value - Total $524,200.00$420,900$358,800$545,200$564,600$441,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 123 Fair Acres Drive 12/16/2014 $372,000 0 Raised Ranch 1,044 0.69 3 2-0 -
  Criteria
A 68 Jefferson Road 3/18/2025 $560,000 0.4 Ranch 1,229 0.46 3 1-0
B 60 Franklin Road 2/20/2025 $525,000 0.5 Ranch 1,225 0.46 2 1-0
C 345 Plain Street 4/16/2025 $825,000 0.5 Raised Ranch 1,132 0.72 2 1-0
D 480 Main Street 2/19/2025 $645,000 0.7 Raised Ranch 1,144 1.3 3 1-1
E 472 Circuit Street 3/21/2025 $515,000 1.0 Ranch 883 0.64 2 1-0
Averages 79 days $614,000 0.62 --- 1,123 0.72 --- ---  

Estimation of Market Value - $630,714

As of today, 05/31/2025, the estimated market value of 123 Fair Acres Drive, Hanover considering the above 5 comparable properties is $630,714.

 

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 Copy to Clipboard
Subject Property250 Old Farm Road130 Fair Acres Drive89 Fair Acres Drive86 Fair Acres Drive97 Fair Acres Drive137 Fair Acres Drive77 Fair Acres Drive123 Fair Acres Drive144 Fair Acres Drive151 Fair Acres Drive17 Cape Cod Lane96 Fair Acres Drive154 Fair Acres Drive108 Fair Acres Drive291 Old Farm Road138 Longwater Drive115 Longwater Drive120 Fair Acres Drive139 Longwater Drive160 Longwater Drive275 Old Farm Road127 Longwater Drive114 Longwater Drive128 Longwater Drive152 Longwater Drive151 Longwater Drive104 Longwater Drive$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 123 Fair Acres Drive 12/16/2014 $372,000 0 Raised Ranch 1,044 0.69 3 2-0 -
  Criteria
A 137 Fair Acres Drive 6/2/2004 $1 0.0 Raised Ranch 1,188 0.69 3 1-0
B 111 Fair Acres Drive 12/3/1998 $1 0.0 Colonial 2,504 0.69 4 2-1
C 138 Longwater Drive 10/26/2011 $1 0.0 Colonial 2,069 0.69 3 2-1
D 152 Longwater Drive 6/22/2012 $475,000 0.0 Colonial 2,515 0.69 3 2-1
E 128 Longwater Drive 8/30/1996 $258,000 0.1 Cape Cod 2,484 0.69 3 2-1
F 120 Fair Acres Drive $165,000 0.1 Raised Ranch 2,106 0.69 4 2-1
G 130 Fair Acres Drive $0 0.1 Raised Ranch 1,044 0.69 3 1-1
H 97 Fair Acres Drive 10/27/2023 $695,000 0.1 Raised Ranch 1,204 0.69 4 2-0
I 151 Fair Acres Drive 4/26/2019 $1 0.1 Raised Ranch 1,044 1 3 1-0
J 108 Fair Acres Drive $173,000 0.1 Colonial 2,328 0.69 3 1-1
K 160 Longwater Drive 8/28/2019 $630,000 0.1 Cape Cod 2,372 0.78 3 2-1
L 144 Fair Acres Drive 12/17/2021 $1 0.1 Raised Ranch 1,092 0.69 3 1-0
M 114 Longwater Drive 6/28/2017 $495,000 0.1 Cape Cod 2,190 0.69 3 1-1
N 41 Cape Cod Lane 10/30/1997 $172,000 0.1 Raised Ranch 1,148 0.69 3 1-0
O 151 Longwater Drive $305,000 0.1 Colonial 4,014 0.71 5 3-1
P 96 Fair Acres Drive 8/5/1999 $214,900 0.1 Raised Ranch 1,668 0.69 3 1-0
Q 139 Longwater Drive 12/2/2021 $725,000 0.1 Colonial 2,332 0.69 4 2-1
R 154 Fair Acres Drive 11/30/2022 $790,000 0.1 Cape Cod 2,098 0.69 4 3-0
S 53 Cape Cod Lane 9/27/2018 $524,000 0.1 Raised Ranch 1,220 0.69 3 1-0
T 89 Fair Acres Drive 8/18/2020 $1 0.1 Raised Ranch 1,044 0.69 3 1-0
U 31 Cape Cod Lane $0 0.1 Split-Level 1,961 0.69 4 1-1
V 127 Longwater Drive 6/28/1999 $310,000 0.1 Colonial 2,400 0.69 4 2-1
W 275 Old Farm Road 12/8/2017 $670,000 0.1 Modern/Contemp 2,324 0.69 4 3-1
X 65 Cape Cod Lane 10/1/2020 $440,000 0.1 Raised Ranch 1,044 0.69 3 1-0
Y 104 Longwater Drive 1/19/2017 $699,000 0.1 Cape Cod 3,979 0.99 4 4-0
Z 115 Longwater Drive 2/8/2002 $1 0.1 Colonial 2,246 0.69 4 2-1
- 17 Cape Cod Lane 9/30/2020 $490,000 0.1 Raised Ranch 1,044 0.69 3 1-0
- 86 Fair Acres Drive 10/17/1995 $1 0.1 Raised Ranch 1,092 0.69 3 1-1
- 240 Old Farm Road 6/4/2021 $600,000 0.1 Raised Ranch 1,368 0.89 4 3-0
- 250 Old Farm Road 3/3/1997 $1 0.1 Vacant Land 1.15 -
- 77 Fair Acres Drive 4/13/2001 $289,900 0.1 Raised Ranch 1,222 0.69 3 1-0
- 79 Cape Cod Lane 5/1/2006 $400,000 0.1 Raised Ranch 1,044 0.74 3 2-0
- 228 Old Farm Road 8/10/2009 $380,000 0.1 Raised Ranch 1,044 0.97 3 2-0
- 291 Old Farm Road 9/26/2017 $1 0.1 Colonial 1,796 0.69 3 1-1
Averages 5056 days $291,200 0.08 --- 1,771 0.74 --- ---  
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
44-111 123 Fair Acres Drive