118 Hanover Street, Hanover, MA 02339

Owner Information
Owner 1
Pleasantview Properties LLC
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
3/13/2025
Previous sale date
4/8/1997
Transfer document #
59764-346
Previous transfer document
15081-0130
Grantor
Steven A Balas
Previous grantor
Federal National Mortgage
Most recent sale price
$506,125.00
Previous sale price
$155,000.00
Site Information
Property ID
48-48
Lot Size
1.38
Use Code
101 - Residential, single family
Zoning
Building Style
Antique
Number of Rooms
8
Stories
1
Number of Beds
3
Year Built
1763
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1854
Number of Kitchen
Gross Living Area
2684
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
Forced Air-Duc
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Oil
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$257,300.00
Total value
$500,600.00
Building value
$243,300.00
Estimated tax
$6,753.00
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
345 Hanover Street102 Brook Bend Road118 Hanover Street96 Broadway$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000Subject PropertyTotal Assessment ($)Total Assessment
Address 118 Hanover Street A) 345 Hanover StreetB) 96 BroadwayC) 102 Brook Bend Road
Photo
Plan
Map
Proximity 0.40.80.9
Last Sold 5/7/202512/18/202412/23/2024
Price $701,100$910,000$720,000
Net Living Area 1,4401,9491,856
Stories 11.92
Sale Price/sft $272.99$486.88$466.91$387.93
Style AntiqueCape CodAntiqueColonial
Age 1763195318501965
Rooms 8778
Bedrooms 3334
Full baths 2221
Half baths 0011
Gross Living Area 2684252539743200
Heating Fuel OilOilGasOil
Detached Garage
Lot Size 1.380.540.410.5
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $243,300.00$212,500$318,100$259,400
AEM Value - Land $257,300.00$241,300$281,200$240,200
AEM Value - Other $0.00$0$0$0
AEM Value - Total $500,600.00$453,800$599,300$499,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 118 Hanover Street 3/13/2025 $506,125 0 Antique 1,854 1.38 3 2-0 -
  Criteria
A 345 Hanover Street 5/7/2025 $701,100 0.4 Cape Cod 1,440 0.54 3 2-0
B 96 Broadway 12/18/2024 $910,000 0.8 Antique 1,949 0.41 3 2-1
C 102 Brook Bend Road 12/23/2024 $720,000 0.9 Colonial 1,856 0.5 4 1-1
Averages 110 days $777,033 0.70 --- 1,748 0.48 --- ---  

Estimation of Market Value - $787,779

As of today, 05/25/2025, the estimated market value of 118 Hanover Street, Hanover considering the above 3 comparable properties is $787,779.

 

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 Property0 Hanover Street34 First Parish Lane0 Hanover Street0 First Parish Lane-Rear149 Hanover Street165 Hanover Street118 Hanover Street139 Hanover Street96 Hanover Street84 Hanover Street146 Hanover Street33 First Parish Lane15 First Parish Lane40 First Parish Lane106 Hanover Street72 Hanover Street83 Hanover Street121 Hanover Street$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
@ 118 Hanover Street 3/13/2025 $506,125 0 Antique 1,854 1.38 3 2-0 -
  Criteria
A 106 Hanover Street 5/29/2020 $649,000 0.0 Raised Ranch 1,490 1.67 3 2-0
B 121 Hanover Street 5/15/2017 $655,421 0.0 Cape Cod 3,641 1.38 5 3-1
C 146 Hanover Street 3/25/1996 $225,000 0.1 Colonial 2,128 0.83 3 2-0
D 96 Hanover Street 8/21/2020 $550,000 0.1 Cape Cod 1,638 1.38 3 1-1
E 139 Hanover Street 2/22/2023 $375,000 0.1 Antique 1,951 1.59 3 1-0
F 33 First Parish Lane 12/19/1990 $260,000 0.1 Colonial 2,410 0.69 4 2-1
G 149 Hanover Street $0 0.1 Vacant Land 4.3 -
H 15 First Parish Lane $0 0.1 Colonial 2,183 0.69 4 2-1
I 84 Hanover Street $0 0.1 Cape Cod 1,922 1.38 3 2-1
J 0 Hanover Street $0 0.1 Vacant Land 2.05 -
K 0 First Parish Lane-Rear $0 0.1 Vacant Land 5.45 -
L 83 Hanover Street 12/30/2021 $920,000 0.1 Colonial 2,921 1.75 3 2-1
M 72 Hanover Street 10/13/2005 $595,000 0.1 Cape Cod 2,622 1.38 3 2-0
N 34 First Parish Lane 9/30/2016 $517,000 0.1 Vacant Land 0.69 -
O 0 Hanover Street $0 0.1 Vacant Land 0.97 -
P 40 First Parish Lane 11/27/1991 $230,000 0.1 Colonial 2,317 0.83 4 2-1
Q 165 Hanover Street 8/23/2019 $420,000 0.1 Conventional 998 1 3 1-0
Averages 5132 days $317,437 0.09 --- 1,542 1.65 --- ---  
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
48-48 118 Hanover Street