500 Center Street, Hanover, MA 02339

500 Center Street Hanover MA 02339
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Owner Information
Owner 1
Sandra M Sheehan & Sheehan Jeffrey W Sr
Owner 2
Owner's Address
500 Center St Hanover, MA 02339
Market Sale Information
Most recent sale date
4/3/2020
Previous sale date
05/06/2009
Transfer document #
52563-0281
Previous transfer document
37164-0036
Grantor
C/O Sheehan Sandra M & Jeffrey W Jr
Previous grantor
Michael N Fullerton
Most recent sale price
$1.00
Previous sale price
$100.00
Site Information
Property ID
70-41
Lot Size
0.56
Use Code
101 - Residential, single family
Zoning
Building Style
Ranch
Number of Rooms
5
Stories
1
Number of Beds
3
Year Built
1950
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1511
Number of Kitchen
Gross Living Area
3183
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
Oil
Frame type
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$241,900.00
Total value
$517,300.00
Building value
$275,400.00
Estimated tax
$6,978.00
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
500 Center Street1432 Broadway166 Winter Street66 Tecumseh Drive$440,000$460,000$480,000$500,000$520,000$540,000$560,000$580,000$600,000$620,000$640,000$660,000Subject PropertyTotal Assessment ($)Total Assessment
Address 500 Center Street A) 66 Tecumseh DriveB) 1432 BroadwayC) 166 Winter Street
Photo
Plan
Map
Proximity 0.60.70.7
Last Sold 5/8/202512/18/202411/27/2024
Price $733,000$755,000$725,000
Net Living Area 1,3681,8481,447
Stories 111
Sale Price/sft $0.00$535.82$408.55$501.04
Style RanchRaised RanchConventionalRaised Ranch
Age 1950195918901960
Rooms 5678
Bedrooms 3323
Full baths 2222
Half baths 0000
Gross Living Area 3183292428403207
Heating Fuel OilGasGasGas
Detached Garage
Lot Size 0.560.72.950.7
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $275,400.00$395,700$255,800$322,100
AEM Value - Land $241,900.00$245,100$269,400$245,100
AEM Value - Other $0.00$0$0$0
AEM Value - Total $517,300.00$640,800$525,200$567,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 500 Center Street 4/3/2020 $1 0 Ranch 1,511 0.56 3 2-0 -
  Criteria
A 66 Tecumseh Drive 5/8/2025 $733,000 0.6 Raised Ranch 1,368 0.7 3 2-0
B 1432 Broadway 12/18/2024 $755,000 0.7 Conventional 1,848 2.95 2 2-0
C 166 Winter Street 11/27/2024 $725,000 0.7 Raised Ranch 1,447 0.7 3 2-0
Averages 116 days $737,667 0.67 --- 1,554 1.45 --- ---  

Estimation of Market Value - $688,802

As of today, 05/22/2025, the estimated market value of 500 Center Street, Hanover considering the above 3 comparable properties is $688,802.

 

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 Property369 Myrtle Street361 Myrtle Street343 Myrtle Street516 Center Street364 Myrtle Street376 Myrtle Street379 Myrtle Street352 Myrtle Street12 Old Cross Street344 Myrtle Street304 Myrtle Street22 Old Cross Street553 Center Street500 Center Street506 Center Street538 Center Street314 Myrtle Street489 Center Street295 Myrtle Street42 Old Cross Street95 Cross Street515 Center Street389 Myrtle Street526 Center Street17 Josiahs Lane12 Stacy Lane7 Stacy Lane$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
@ 500 Center Street 4/3/2020 $1 0 Ranch 1,511 0.56 3 2-0 -
  Criteria
A 506 Center Street 6/8/2022 $675,000 0.0 Conventional 1,956 0.38 3 2-0
B 361 Myrtle Street $0 0.0 Colonial 1,428 0.32 3 1-0
C 343 Myrtle Street 9/28/2015 $321,500 0.0 Ranch 1,132 0.33 2 2-0
D 516 Center Street 1/17/2007 $315,000 0.0 Cape Cod 1,614 0.4 3 2-0
E 369 Myrtle Street 5/3/2023 $1,005,000 0.0 Mobile Home 804 0.33 1 1-0
F 352 Myrtle Street 7/30/1999 $225,000 0.0 Ranch 1,118 0.56 3 1-0
G 344 Myrtle Street 1/14/2016 $354,000 0.1 Raised Ranch 1,056 0.65 4 1-1
H 364 Myrtle Street 8/7/2020 $430,000 0.1 Cape Cod 1,404 0.5 3 2-0
I 489 Center Street 2/27/2007 $1 0.1 Conventional 1,658 0.94 4 2-0
J 379 Myrtle Street 5/27/2008 $1 0.1 Ranch 1,410 0.71 3 2-1
K 515 Center Street $0 0.1 Colonial 2,424 2.03 3 2-1
L 526 Center Street 12/20/2004 $100,000 0.1 Cape Cod 2,182 1.71 3 1-1
M 466 Center Street 12/16/2013 $1 0.1 Three Family 3,748 0.85 5 4-0
N 376 Myrtle Street 4/19/2018 $440,000 0.1 Cape Cod 1,337 0.5 3 2-0
O 475 Center Street 5/27/1999 $240,000 0.1 Apartmnt Older 3,198 0.69 7 5-0
P 389 Myrtle Street 11/12/2010 $548,000 0.1 Colonial 2,883 1.25 4 2-1
Q 42 Old Cross Street 8/31/2005 $462,500 0.1 Raised Ranch 1,532 0.64 2 2-0
R 12 Stacy Lane 11/30/2006 $745,000 0.1 Colonial 2,999 0.69 4 2-1
S 314 Myrtle Street 6/15/2011 $374,500 0.1 Colonial 1,928 0.69 4 1-1
T 538 Center Street 7/31/2014 $415,000 0.1 Ranch 2,080 1.18 2 1-1
U 7 Stacy Lane 7/23/2008 $395,000 0.1 Colonial 3,172 0.55 4 2-1
V 465 Center Street 6/14/2018 $1 0.1 Ranch 1,872 0.72 4 3-0
W 17 Josiahs Lane 3/12/2008 $654,222 0.1 Colonial 2,506 0.69 4 2-1
X 295 Myrtle Street $450,000 0.1 Cape Cod 2,395 0.82 2 1-1
Y 16 Josiahs Lane 4/22/2024 $1,100,000 0.1 Colonial 2,146 0.72 4 2-1
Z 22 Old Cross Street 1/4/2022 $1 0.1 Cape Cod 1,871 0.53 4 2-0
- 95 Cross Street 10/26/2020 $651,000 0.1 Colonial 1,869 1.06 3 2-0
- 304 Myrtle Street 7/14/2022 $635,000 0.1 Colonial 1,795 0.69 4 1-1
- 553 Center Street 6/16/2009 $337,000 0.1 Antique 2,012 0.98 3 2-0
- 12 Old Cross Street $165,000 0.1 Cape Cod 1,547 0.55 2 1-1
Averages 4487 days $367,924 0.08 --- 1,969 0.76 --- ---  
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
70-41 500 Center Street