861 Broadway, Hanover, MA 02339

861 Broadway Hanover MA 02339
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Owner Information
Owner 1
Mark C Iverson & Margaret
Owner 2
Owner's Address
861 Broadway Hanover, MA 02339
Market Sale Information
Most recent sale date
10/9/2013
Previous sale date
10/09/2013
Transfer document #
43701-0022
Previous transfer document
43701-0020
Grantor
Mark C Iverson
Previous grantor
Barbara R White
Most recent sale price
$100.00
Previous sale price
$300,000.00
Site Information
Property ID
71-17A
Lot Size
1.99
Use Code
101 - Residential, single family
Zoning
Building Style
Conventional
Number of Rooms
6
Stories
1
Number of Beds
2
Year Built
1850
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2903
Number of Kitchen
Gross Living Area
3822
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
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
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$312,900.00
Total value
$589,500.00
Building value
$276,600.00
Estimated tax
$7,952.00
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$600,000$700,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report
103 Center Street861 Broadway1294 Broadway$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000Subject PropertyTotal Assessment ($)Total Assessment
Address 861 Broadway A) 103 Center StreetB) 1294 Broadway
Photo
Plan
Map
Proximity 0.80.9
Last Sold 1/7/202511/14/2024
Price $1,650,000$795,000
Net Living Area 2,8052,520
Stories 12
Sale Price/sft $0.03$588.24$315.48
Style ConventionalConventionalColonial
Age 185017272005
Rooms 678
Bedrooms 245
Full baths 212
Half baths 011
Gross Living Area 382245895728
Heating Fuel OilOilGas
Detached Garage
Lot Size 1.994.231.3
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $276,600.00$111,800$545,700
AEM Value - Land $312,900.00$279,300$256,700
AEM Value - Other $0.00$0$0
AEM Value - Total $589,500.00$391,100$802,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 861 Broadway 10/9/2013 $100 0 Conventional 2,903 1.99 2 2-0 -
  Criteria
A 103 Center Street 1/7/2025 $1,650,000 0.8 Conventional 2,805 4.23 4 1-1
B 1294 Broadway 11/14/2024 $795,000 0.9 Colonial 2,520 1.3 5 2-1
Averages 140 days $1,222,500 0.87 --- 2,663 2.76 --- ---  

Estimation of Market Value - $1,270,287

As of today, 04/30/2025, the estimated market value of 861 Broadway, Hanover considering the above 2 comparable properties is $1,270,287.

 

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 Property871 Broadway861 Broadway854 Broadway887 Broadway839 Broadway851 Broadway30 Elijahs Path868 Broadway9 Elijahs Path22 Elijahs Path21 Elijahs Path876 Broadway899 Broadway26 Elijahs Path$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 861 Broadway 10/9/2013 $100 0 Conventional 2,903 1.99 2 2-0 -
  Criteria
A 871 Broadway 9/29/2022 $1 0.0 Conventional 1,453 1.52 3 1-0
B 851 Broadway 6/1/2016 $590,000 0.1 Cape Cod 2,778 1.56 4 2-1
C 887 Broadway 11/16/2023 $700,000 0.1 Antique 3,216 1.12 4 3-0
D 839 Broadway 8/11/2022 $1 0.1 Antique 3,722 1.15 5 3-1
E 22 Elijahs Path 10/1/2010 $643,250 0.1 Colonial 3,042 0.73 4 2-1
F 26 Elijahs Path 10/1/2008 $705,000 0.1 Cape Cod 3,145 0.7 4 2-2
G 854 Broadway 1/30/2019 $10 0.1 Conventional 2,811 1.19 4 2-0
H 868 Broadway 10/21/2016 $1 0.1 Cape Cod 1,939 1.07 3 2-1
I 899 Broadway 6/27/1996 $160,000 0.1 Cape Cod 3,861 10.79 4 3-1
J 876 Broadway 9/14/2007 $640,000 0.1 Colonial 3,238 1.39 4 2-1
K 30 Elijahs Path 1/20/2017 $100 0.1 Cape Cod 2,881 3.01 3 2-1
L 9 Elijahs Path 8/4/2015 $683,000 0.1 Colonial 2,844 1.29 4 2-1
M 21 Elijahs Path 7/6/2022 $1,300,000 0.1 Colonial 2,969 1.15 4 2-1
Averages 3621 days $417,028 0.08 --- 2,915 2.05 --- ---  
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
71-17A 861 Broadway