851 Broadway, Hanover, MA 02339

Owner Information
Owner 1
Alex J Russell
Owner 2
Owner's Address
851 Broadway Hanover, MA 02339
Market Sale Information
Most recent sale date
6/1/2016
Previous sale date
03/26/2010
Transfer document #
46998-0255
Previous transfer document
38359-0125
Grantor
Bennett Nancy Fulton
Previous grantor
George F Bennett
Most recent sale price
$590,000.00
Previous sale price
$1.00
Site Information
Property ID
71-17B
Lot Size
1.56
Use Code
101 - Residential, single family
Zoning
Building Style
Cape Cod
Number of Rooms
8
Stories
1
Number of Beds
4
Year Built
1999
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2778
Number of Kitchen
Gross Living Area
5314
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood, Carpet
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
$309,600.00
Total value
$871,000.00
Building value
$561,400.00
Estimated tax
$11,749.00
Yard improvement value
$0.00
Certified Mass Appraisal
201420152016201720182019202020212022$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
103 Center Street851 Broadway$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 851 Broadway A) 103 Center Street
Photo
Plan
Map
Proximity 0.7
Last Sold 1/7/2025
Price $1,650,000
Net Living Area 2,805
Stories 1
Sale Price/sft $212.38$588.24
Style Cape CodConventional
Age 19991727
Rooms 87
Bedrooms 44
Full baths 21
Half baths 11
Gross Living Area 53144589
Heating Fuel OilOil
Detached Garage
Lot Size 1.564.23
Roof Cover Asph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $561,400.00$111,800
AEM Value - Land $309,600.00$279,300
AEM Value - Other $0.00$0
AEM Value - Total $871,000.00$391,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 851 Broadway 6/1/2016 $590,000 0 Cape Cod 2,778 1.56 4 2-1 -
  Criteria
A 103 Center Street 1/7/2025 $1,650,000 0.7 Conventional 2,805 4.23 4 1-1
Averages 136 days $1,650,000 0.75 --- 2,805 4.23 --- ---  

Estimation of Market Value - $2,654,377

As of today, 05/22/2025, the estimated market value of 851 Broadway, Hanover considering the above 1 comparable properties is $2,654,377.

 

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
871 Broadway861 Broadway887 Broadway839 Broadway851 Broadway30 Elijahs Path22 Elijahs Path21 Elijahs Path899 Broadway27 Elijahs Path26 Elijahs Path$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Subject PropertyTotal Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 851 Broadway 6/1/2016 $590,000 0 Cape Cod 2,778 1.56 4 2-1 -
  Criteria
A 26 Elijahs Path 10/1/2008 $705,000 0.0 Cape Cod 3,145 0.7 4 2-2
B 30 Elijahs Path 1/20/2017 $100 0.1 Cape Cod 2,881 3.01 3 2-1
C 861 Broadway 10/9/2013 $100 0.1 Conventional 2,903 1.99 2 2-0
D 871 Broadway 9/29/2022 $1 0.1 Conventional 1,453 1.52 3 1-0
E 22 Elijahs Path 10/1/2010 $643,250 0.1 Colonial 3,042 0.73 4 2-1
F 899 Broadway 6/27/1996 $160,000 0.1 Cape Cod 3,861 10.79 4 3-1
G 839 Broadway 8/11/2022 $1 0.1 Antique 3,722 1.15 5 3-1
H 887 Broadway 11/16/2023 $700,000 0.1 Antique 3,216 1.12 4 3-0
I 27 Elijahs Path 2/28/2008 $785,000 0.1 Colonial 3,670 1.18 4 2-1
J 21 Elijahs Path 7/6/2022 $1,300,000 0.1 Colonial 2,969 1.15 4 2-1
Averages 3915 days $429,345 0.08 --- 3,086 2.33 --- ---  
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
71-17B 851 Broadway