56 Old Farm Road, Hanover, MA 02339

56 Old Farm Road Hanover MA 02339
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Owner Information
Owner 1
John Maddock
Owner 2
Paul Maddock & Doris
Owner's Address
56 Old Farm Road Hanover, MA 02339
Market Sale Information
Most recent sale date
9/21/2004
Previous sale date
05/25/1967
Transfer document #
29101-0301
Previous transfer document
3367-0106
Grantor
Paul F Maddock
Previous grantor
Most recent sale price
$1.00
Previous sale price
$0.00
Site Information
Property ID
45-41
Lot Size
1.13
Use Code
101 - Residential, single family
Zoning
Building Style
Raised Ranch
Number of Rooms
6
Stories
1
Number of Beds
3
Year Built
1967
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1152
Number of Kitchen
Gross Living Area
2416
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$255,400.00
Total value
$476,100.00
Building value
$220,700.00
Estimated tax
$6,422.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
201420152016201720182019202020212022$0$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
27 Lincoln Lane60 Franklin Road68 Jefferson Road472 Circuit Street90 Cedar Street56 Old Farm Road169 Center Street345 Plain Street480 Main Street$0$100,000$200,000$300,000$400,000$500,000$600,000Subject PropertyTotal Assessment ($)Total Assessment
Address 56 Old Farm Road A) 345 Plain StreetB) 68 Jefferson RoadC) 90 Cedar StreetD) 60 Franklin RoadE) 27 Lincoln LaneF) 480 Main StreetG) 472 Circuit StreetH) 169 Center Street
Photo
Plan
Map
Proximity 0.40.60.70.70.70.70.81.0
Last Sold 4/16/20253/18/20253/19/20252/20/20256/6/20252/19/20253/21/20252/20/2025
Price $825,000$560,000$486,000$525,000$650,000$645,000$515,000$650,000
Net Living Area 1,1321,2291,3721,2259251,144883960
Stories 11211111
Sale Price/sft $0.00$728.80$455.66$354.23$428.57$702.70$563.81$583.24$677.08
Style Raised RanchRaised RanchRanchColonialRanchRanchRaised RanchRanchRanch
Age 196719691978196519671978197019531955
Rooms 666565556
Bedrooms 323323323
Full baths 111111111
Half baths 100100100
Gross Living Area 241633642454228413651225268018212772
Heating Fuel GasGasGas/PropaneGasGasGasElectricOilOil
Detached Garage
Lot Size 1.130.720.460.690.460.481.30.643.1
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $220,700.00$299,700$229,600$224,900$167,500$162,500$257,000$197,500$214,500
AEM Value - Land $255,400.00$245,500$191,300$244,900$191,300$191,700$307,600$243,900$270,600
AEM Value - Other $0.00$0$0$0$0$0$0$0$0
AEM Value - Total $476,100.00$545,200$420,900$469,800$358,800$354,200$564,600$441,400$485,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 56 Old Farm Road 9/21/2004 $1 0 Raised Ranch 1,152 1.13 3 1-1 -
  Criteria
A 345 Plain Street 4/16/2025 $825,000 0.4 Raised Ranch 1,132 0.72 2 1-0
B 68 Jefferson Road 3/18/2025 $560,000 0.6 Ranch 1,229 0.46 3 1-0
C 90 Cedar Street 3/19/2025 $486,000 0.7 Colonial 1,372 0.69 3 1-1
D 60 Franklin Road 2/20/2025 $525,000 0.7 Ranch 1,225 0.46 2 1-0
E 27 Lincoln Lane 6/6/2025 $650,000 0.7 Ranch 925 0.48 3 1-0
F 480 Main Street 2/19/2025 $645,000 0.7 Raised Ranch 1,144 1.3 3 1-1
G 472 Circuit Street 3/21/2025 $515,000 0.8 Ranch 883 0.64 2 1-0
H 169 Center Street 2/20/2025 $650,000 1.0 Ranch 960 3.1 3 1-0
Averages 80 days $607,000 0.71 --- 1,109 0.98 --- ---  

Estimation of Market Value - $632,913

As of today, 06/10/2025, the estimated market value of 56 Old Farm Road, Hanover considering the above 8 comparable properties is $632,913.

 

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 Property37 Old Farm Road-Lot 400 Plain Street192 Plain Street202 Plain Street22 Cape Cod Lane37 Old Farm Road56 Old Farm Road24 Old Farm Road180 Plain Street9 Fair Acres Drive59 Old Farm Road49 Old Farm Road10 Cape Cod Lane89 Old Farm Road34 Cape Cod Lane21 Fair Acres Drive38 Old Farm Road24 Estes Road7 Estes Road78 Old Farm Road170 Plain Street35 Fair Acres Drive101 Old Farm Road218 Plain Street10 Estes Road$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 56 Old Farm Road 9/21/2004 $1 0 Raised Ranch 1,152 1.13 3 1-1 -
  Criteria
A 78 Old Farm Road 10/22/2021 $1 0.0 Split-Level 1,758 0.69 3 2-0
B 38 Old Farm Road $174,900 0.0 Raised Ranch 1,392 1 3 1-1
C 59 Old Farm Road 9/19/2022 $650,000 0.1 Raised Ranch 1,056 0.7 3 1-0
D 49 Old Farm Road 10/25/2019 $461,000 0.1 Raised Ranch 1,268 0.91 3 2-0
E 9 Fair Acres Drive $0 0.1 Raised Ranch 1,158 0.7 3 1-0
F 10 Estes Road 6/25/2007 $1 0.1 Cape Cod 1,894 0.76 6 4-1
G 24 Estes Road 7/30/2009 $330,000 0.1 Split-Level 1,420 1.6 3 2-0
H 24 Old Farm Road 8/3/2022 $1 0.1 Raised Ranch 1,128 0.97 3 1-1
I 37 Old Farm Road $155,000 0.1 Colonial 1,500 0.74 4 1-1
J 89 Old Farm Road 4/23/2021 $1 0.1 Colonial 1,888 0.69 4 1-1
K 21 Fair Acres Drive $168,000 0.1 Raised Ranch 1,380 0.74 3 1-0
L 37 Old Farm Road-Lot 40 $0 0.1 Vacant Land 0.7 -
M 0 Plain Street 3/31/1995 $1 0.1 Vacant Land 2.1 -
N 10 Cape Cod Lane 8/29/2024 $700,000 0.1 Raised Ranch 960 0.69 4 1-1
O 192 Plain Street 4/3/1998 $1 0.1 Ranch 1,124 0.76 2 1-0
P 180 Plain Street 10/9/2020 $1 0.1 Modern/Contemp 1,920 0.69 3 2-0
Q 7 Estes Road 6/5/2018 $1 0.1 Raised Ranch 1,128 0.76 5 1-1
R 101 Old Farm Road 8/30/2013 $1 0.1 Raised Ranch 1,878 0.69 4 3-0
S 22 Cape Cod Lane 1/12/2024 $635,000 0.1 Colonial 1,400 0.69 4 1-1
T 35 Fair Acres Drive 7/26/2017 $435,000 0.1 Raised Ranch 1,926 0.81 4 2-0
U 170 Plain Street 3/12/1993 $105,000 0.1 Colonial 2,638 0.55 5 2-1
V 218 Plain Street 10/13/2010 $100 0.1 Cape Cod 3,061 1.1 4 2-1
W 202 Plain Street 4/10/2024 $570,000 0.1 Ranch 1,144 0.25 3 1-0
X 34 Cape Cod Lane 8/19/2022 $706,000 0.1 Raised Ranch 1,040 0.69 3 1-1
Averages 3741 days $212,084 0.08 --- 1,419 0.83 --- ---  
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
45-41 56 Old Farm Road