48 Elm Street, Hanover, MA 02339

48 Elm Street Hanover MA 02339
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Owner Information
Owner 1
Risgin Realty Trust
Owner 2
Anne E Risgin
Owner's Address
4 Manchester Road Winchester, MA 01890
Market Sale Information
Most recent sale date
6/28/2017
Previous sale date
06/28/2017
Transfer document #
48597-0287
Previous transfer document
48597-0282
Grantor
Anne E Risgin
Previous grantor
Linard Risgin
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
65-13
Lot Size
2.1
Use Code
101 - Residential, single family
Zoning
Building Style
Antique
Number of Rooms
9
Stories
1
Number of Beds
3
Year Built
1724
Number of full baths
1
Condition
Number of half baths
1
Finished Area
2357
Number of Kitchen
Gross Living Area
3152
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
Wood Shingle
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$262,900.00
Total value
$561,300.00
Building value
$298,400.00
Estimated tax
$7,571.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
201420152016201720182019202020212022$0$100,000$200,000$300,000$400,000$500,000$600,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
118 Hanover Street48 Elm Street96 Broadway$440,000$460,000$480,000$500,000$520,000$540,000$560,000$580,000$600,000$620,000Subject PropertyTotal Assessment ($)Total Assessment
Address 48 Elm Street A) 96 BroadwayB) 118 Hanover Street
Photo
Plan
Map
Proximity 0.60.9
Last Sold 12/18/20243/13/2025
Price $910,000$506,125
Net Living Area 1,9491,854
Stories 1.91
Sale Price/sft $0.00$466.91$272.99
Style AntiqueAntiqueAntique
Age 172418501763
Rooms 978
Bedrooms 333
Full baths 122
Half baths 110
Gross Living Area 315239742684
Heating Fuel GasGasOil
Detached Garage
Lot Size 2.10.411.38
Roof Cover Wood ShingleAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $298,400.00$318,100$243,300
AEM Value - Land $262,900.00$281,200$257,300
AEM Value - Other $0.00$0$0
AEM Value - Total $561,300.00$599,300$500,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 48 Elm Street 6/28/2017 $1 0 Antique 2,357 2.1 3 1-1 -
  Criteria
A 96 Broadway 12/18/2024 $910,000 0.6 Antique 1,949 0.41 3 2-1
B 118 Hanover Street 3/13/2025 $506,125 0.9 Antique 1,854 1.38 3 2-0
Averages 119 days $708,063 0.75 --- 1,902 0.89 --- ---  

Estimation of Market Value - $800,176

As of today, 05/28/2025, the estimated market value of 48 Elm Street, Hanover considering the above 2 comparable properties is $800,176.

 

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 Property0 Elm Street-Rear312 Broadway56 Elm Street92 Elm Street32 Elm Street48 Elm Street67 Broad Oak Way8 Elm Street73 Elm Street336 Broadway3 Tolman Road67 Elm 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
@ 48 Elm Street 6/28/2017 $1 0 Antique 2,357 2.1 3 1-1 -
  Criteria
A 56 Elm Street 3/30/2018 $60,000 0.0 Cape Cod 2,069 2.38 3 2-0
B 32 Elm Street 11/24/1997 $183,000 0.0 Ranch 2,032 1.05 3 1-0
C 3 Tolman Road 4/29/2024 $1,210,000 0.1 Colonial 2,645 1.4 4 2-1
D 8 Elm Street 5/20/2020 $1 0.1 Antique 2,726 1.94 4 2-0
E 92 Elm Street 8/3/2015 $411,000 0.1 Split-Level 1,182 0.6 3 2-0
F 336 Broadway 12/3/2020 $649,000 0.1 Antique 4,624 2.36 6 4-1
G 67 Elm Street 4/9/2019 $700,000 0.1 Colonial 3,274 1.38 4 3-1
H 0 Elm Street-Rear 5/7/1973 $500 0.1 Vacant Land 0.3 -
I 312 Broadway 8/28/2023 $600,000 0.1 Conventional 2,034 0.64 4 3-0
J 67 Broad Oak Way 7/19/2022 $750,000 0.1 Raised Ranch 1,104 0.35 3 2-0
K 73 Elm Street 12/20/2013 $128,000 0.1 Cape Cod 2,592 2 3 2-1
Averages 4294 days $426,500 0.09 --- 2,207 1.31 --- ---  
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
65-13 48 Elm Street