553 Center Street, Hanover, MA 02339

553 Center Street Hanover MA 02339
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Owner Information
Owner 1
Kevin M Orcutt
Owner 2
Owner's Address
553 Center St Hanover, MA 02339
Market Sale Information
Most recent sale date
6/16/2009
Previous sale date
11/17/1994
Transfer document #
37354-0252
Previous transfer document
13266-0173
Grantor
Harry Nava
Previous grantor
Most recent sale price
$337,000.00
Previous sale price
$1.00
Site Information
Property ID
69-4
Lot Size
0.98
Use Code
101 - Residential, single family
Zoning
Building Style
Antique
Number of Rooms
8
Stories
2
Number of Beds
3
Year Built
1757
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2012
Number of Kitchen
Gross Living Area
2788
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood
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
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$252,800.00
Total value
$516,200.00
Building value
$263,400.00
Estimated tax
$6,963.00
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
553 Center Street1432 Broadway100 Cross Street197 Circuit Street$480,000$500,000$520,000$540,000$560,000$580,000$600,000Subject PropertyTotal Assessment ($)Total Assessment
Address 553 Center Street A) 100 Cross StreetB) 1432 BroadwayC) 197 Circuit Street
Photo
Plan
Map
Proximity 0.20.60.9
Last Sold 4/3/202512/18/202412/3/2024
Price $705,000$755,000$754,000
Net Living Area 1,9301,8482,221
Stories 1.7512
Sale Price/sft $167.50$365.28$408.55$339.49
Style AntiqueCape CodConventionalColonial
Age 1757195418901969
Rooms 8778
Bedrooms 3424
Full baths 2223
Half baths 0000
Gross Living Area 2788376928403835
Heating Fuel Gas/PropaneGasGasOil
Detached Garage
Lot Size 0.980.92.951.3
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $263,400.00$278,600$255,800$327,000
AEM Value - Land $252,800.00$247,100$269,400$256,700
AEM Value - Other $0.00$0$0$0
AEM Value - Total $516,200.00$525,700$525,200$583,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 553 Center Street 6/16/2009 $337,000 0 Antique 2,012 0.98 3 2-0 -
  Criteria
A 100 Cross Street 4/3/2025 $705,000 0.2 Cape Cod 1,930 0.9 4 2-0
B 1432 Broadway 12/18/2024 $755,000 0.6 Conventional 1,848 2.95 2 2-0
C 197 Circuit Street 12/3/2024 $754,000 0.9 Colonial 2,221 1.3 4 3-0
Averages 123 days $738,000 0.59 --- 2,000 1.72 --- ---  

Estimation of Market Value - $720,862

As of today, 05/20/2025, the estimated market value of 553 Center Street, Hanover considering the above 3 comparable properties is $720,862.

 

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
Subject Property0 Center Street516 Center Street552 Center Street68 Gail Road82 Gail Road564 Center Street581 Center Street553 Center Street500 Center Street592 Center Street506 Center Street538 Center Street56 Gail Road80 Gail Road580 Center Street295 Myrtle Street28 Stockbridge Road599 Center Street515 Center Street526 Center Street27 Stockbridge Road33 Stockbridge 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
@ 553 Center Street 6/16/2009 $337,000 0 Antique 2,012 0.98 3 2-0 -
  Criteria
A 0 Center Street 12/4/2008 $680,000 0.0 Vacant Land 9 -
B 552 Center Street 2/8/2024 $739,000 0.1 Split-Level 1,114 0.69 3 1-1
C 538 Center Street 7/31/2014 $415,000 0.1 Ranch 2,080 1.18 2 1-1
D 564 Center Street 11/25/2019 $1 0.1 Split-Level 1,168 0.69 3 1-1
E 581 Center Street 1/29/2001 $1 0.1 Colonial 1,904 0.69 4 1-1
F 27 Stockbridge Road 9/16/2024 $1,000,000 0.1 Colonial 3,144 0.69 4 2-1
G 515 Center Street $0 0.1 Colonial 2,424 2.03 3 2-1
H 580 Center Street 8/8/2018 $565,000 0.1 Antique 2,470 0.96 3 1-1
I 80 Gail Road 3/1/2018 $530,000 0.1 Colonial 1,758 0.8 3 1-1
J 516 Center Street 1/17/2007 $315,000 0.1 Cape Cod 1,614 0.4 3 2-0
K 526 Center Street 12/20/2004 $100,000 0.1 Cape Cod 2,182 1.71 3 1-1
L 68 Gail Road $0 0.1 Colonial 1,170 0.7 3 1-0
M 506 Center Street 6/8/2022 $675,000 0.1 Conventional 1,956 0.38 3 2-0
N 33 Stockbridge Road 9/19/2019 $10 0.1 Colonial 4,596 1.2 5 3-0
O 599 Center Street 3/31/2017 $460,000 0.1 Colonial 1,940 0.69 4 2-0
P 82 Gail Road 10/14/2014 $1 0.1 Colonial 1,338 0.71 3 2-0
Q 56 Gail Road 10/7/2011 $100 0.1 Colonial 1,810 0.7 3 2-0
R 592 Center Street 3/2/2017 $100 0.1 Ranch 2,296 0.68 4 1-0
S 28 Stockbridge Road 1/19/2016 $100 0.1 Cape Cod 2,225 0.69 4 2-0
T 295 Myrtle Street $450,000 0.1 Cape Cod 2,395 0.82 2 1-1
U 500 Center Street 4/3/2020 $1 0.1 Ranch 1,511 0.56 3 2-0
Averages 3559 days $282,348 0.09 --- 1,957 1.24 --- ---  
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
69-4 553 Center Street