227 Center Street, Hanover, MA 02339

Owner Information
Owner 1
Aemg Real Estate LLC
Owner 2
Owner's Address
33 Hawthorne Street Hanover, MA 02341
Market Sale Information
Most recent sale date
11/16/2022
Previous sale date
06/13/1974
Transfer document #
57425-191
Previous transfer document
3994-0603
Grantor
Bora M Pervane
Previous grantor
Most recent sale price
$375,000.00
Previous sale price
$23,900.00
Site Information
Property ID
54-22
Lot Size
1
Use Code
101 - Residential, single family
Zoning
Building Style
Bungalow
Number of Rooms
6
Stories
1
Number of Beds
2
Year Built
1940
Number of full baths
1
Condition
Number of half baths
0
Finished Area
1305
Number of Kitchen
Gross Living Area
2173
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 Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas/Propane
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$254,900.00
Total value
$346,000.00
Building value
$91,100.00
Estimated tax
$4,667.00
Yard improvement value
$0.00
Certified Mass Appraisal
201420152016201720182019202020212022$0$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
227 Center Street345 Hanover Street43 Sequoya Lane30 Sharon Drive345 Plain Street149 Laurie Lane66 Tecumseh Drive$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000Subject PropertyTotal Assessment ($)Total Assessment
Address 227 Center Street A) 43 Sequoya LaneB) 66 Tecumseh DriveC) 345 Hanover StreetD) 149 Laurie LaneE) 345 Plain StreetF) 30 Sharon Drive
Photo
Plan
Map
Proximity 0.90.90.90.91.01.0
Last Sold 2/28/20255/8/20255/7/20254/1/20254/16/20251/29/2025
Price $690,000$733,000$701,100$645,000$825,000$450,000
Net Living Area 1,0561,3681,4401,2101,1321,048
Stories 111111
Sale Price/sft $287.36$653.41$535.82$486.88$533.06$728.80$429.39
Style BungalowRaised RanchRaised RanchCape CodRaised RanchRaised RanchRaised Ranch
Age 1940196019591953196819691975
Rooms 6667766
Bedrooms 2333323
Full baths 1122111
Half baths 0100100
Gross Living Area 2173252429242525301833642164
Heating Fuel Gas/PropaneGas/PropaneGasOilOilGasOil
Detached Garage
Lot Size 10.70.70.540.70.720.7
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $91,100.00$274,900$395,700$212,500$288,000$299,700$231,000
AEM Value - Land $254,900.00$245,100$245,100$241,300$294,100$245,500$294,100
AEM Value - Other $0.00$0$0$0$0$0$0
AEM Value - Total $346,000.00$520,000$640,800$453,800$582,100$545,200$525,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 227 Center Street 11/16/2022 $375,000 0 Bungalow 1,305 1 2 1-0 -
  Criteria
A 43 Sequoya Lane 2/28/2025 $690,000 0.9 Raised Ranch 1,056 0.7 3 1-1
B 66 Tecumseh Drive 5/8/2025 $733,000 0.9 Raised Ranch 1,368 0.7 3 2-0
C 345 Hanover Street 5/7/2025 $701,100 0.9 Cape Cod 1,440 0.54 3 2-0
D 149 Laurie Lane 4/1/2025 $645,000 0.9 Raised Ranch 1,210 0.7 3 1-1
E 345 Plain Street 4/16/2025 $825,000 1.0 Raised Ranch 1,132 0.72 2 1-0
F 30 Sharon Drive 1/29/2025 $450,000 1.0 Raised Ranch 1,048 0.7 3 1-0
Averages 60 days $674,017 0.93 --- 1,209 0.68 --- ---  

Estimation of Market Value - $577,919

As of today, 05/30/2025, the estimated market value of 227 Center Street, Hanover considering the above 6 comparable properties is $577,919.

 

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 Property227 Center Street63 Grove Street250 Center Street186 Center Street212 Center Street36 Grove Street217 Center Street25 Grove Street185 Center Street224 Center Street200 Center Street48 Grove Street273 Center Street99 Heritage Way205 Center Street94 Heritage Way75 Heritage Way82 Heritage Way187 Center 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
@ 227 Center Street 11/16/2022 $375,000 0 Bungalow 1,305 1 2 1-0 -
  Criteria
A 25 Grove Street 9/8/2023 $537,000 0.0 Ranch 1,432 0.69 3 1-0
B 217 Center Street 4/28/2006 $375,000 0.0 Cape Cod 1,591 0.68 4 2-0
C 250 Center Street 1/4/2005 $1 0.0 Conventional 1,510 1.1 3 1-1
D 224 Center Street 1/15/2021 $534,000 0.0 Colonial 1,648 0.71 4 1-1
E 212 Center Street 4/24/2017 $1 0.1 Colonial 1,550 0.7 4 1-1
F 205 Center Street 7/30/1999 $275,000 0.1 Cape Cod 2,501 1.6 3 2-0
G 94 Heritage Way 10/22/2009 $474,250 0.1 Colonial 1,944 0.73 4 2-0
H 200 Center Street $0 0.1 Colonial 1,680 0.7 3 1-1
I 187 Center Street 8/25/2015 $1 0.1 Colonial 2,983 1.29 5 2-1
J 99 Heritage Way 5/1/2007 $475,000 0.1 Colonial 2,062 0.97 4 2-1
K 82 Heritage Way 6/27/2017 $650,950 0.1 Colonial 2,566 0.78 5 2-1
L 185 Center Street 5/27/2009 $150,000 0.1 Ranch 1,158 1.26 3 2-0
M 273 Center Street 11/18/2019 $1 0.1 Antique 2,089 0.73 3 2-0
N 36 Grove Street 5/4/1995 $1 0.1 Ranch 1,416 2 3 1-1
O 48 Grove Street 6/21/1994 $133,000 0.1 Ranch 1,473 1.25 3 1-1
P 63 Grove Street 4/27/2006 $339,900 0.1 Cape Cod 1,242 0.5 3 1-0
Q 75 Heritage Way 7/16/2024 $717,000 0.1 Colonial 2,019 0.78 4 2-1
R 186 Center Street 7/31/2015 $319,000 0.1 Ranch 1,465 0.68 3 1-1
Averages 5226 days $276,673 0.08 --- 1,796 0.95 --- ---  
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
54-22 227 Center Street