1423 Ocean Street, Marshfield, MA 02050

1423 Ocean Street Marshfield MA 02050
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Owner Information
Owner 1
GMR Properties LLC
Owner 2
Owner's Address
1213 Ocean Street Marshfield, MA 02050
Market Sale Information
Most recent sale date
3/7/2022
Previous sale date
10/30/1996
Transfer document #
56524-139
Previous transfer document
14751-244
Grantor
1423 Ocean Street Trust
Previous grantor
Cosouth Trust Corkery Lorraine
Most recent sale price
$639,000.00
Previous sale price
$202,500.00
Site Information
Property ID
J08-03-03
Lot Size
1.04
Use Code
340 - General Office Buildings
Zoning
R-B
Building Style
Office
Number of Rooms
0
Stories
Number of Beds
0
Year Built
1985
Number of full baths
0
Condition
Average
Number of half baths
3
Finished Area
3403
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Drywall
Floor type
Lino/Vinyl
Solar Hot Water
No
Roof Structure
Gable
Heating type
Forced H/A
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$451,000.00
Total value
$718,400.00
Building value
$251,400.00
Estimated tax
$8,132.00
Yard improvement value
$16,000.00
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Certified Mass Appraisal
20152016201720182019202020212022$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
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1423 Ocean Street$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000Subject PropertyTotal Assessment ($)Total Assessment
Address 1423 Ocean Street
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft $187.78
Style Office
Age 1985
Rooms 0
Bedrooms 0
Full baths 0
Half baths 3
Gross Living Area
Heating Fuel Gas
Detached Garage
Lot Size 1.04
Roof Cover Asphalt
AEM Value - Building $251,400.00
AEM Value - Land $451,000.00
AEM Value - Other $16,000.00
AEM Value - Total $718,400.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1423 Ocean Street 3/7/2022 $639,000 0 Office 3,403 1.04 0 0-3 -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
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Subject Property5 Macker Terrace1400 Ocean Street24 Arthur Avenue4 Arthur Avenue15 Arthur Avenue51 Macker Terrace1459 Ocean Street1439 Ocean Street1442 Ocean Street15 Homeland Drive1431 Ocean Street16 Arthur Avenue1438 Ocean Street33 Homeland Drive1426 Ocean Street25 Arthur Avenue1395 Ocean Street47 Homeland Drive1389 Ocean Street54 Macker Terrace1446 Ocean Street25 Homeland Drive1410 Ocean Street1460 Ocean Street25 Macker Terrace1423 Ocean Street19 Copeland Street$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1423 Ocean Street 3/7/2022 $639,000 0 Office 3,403 1.04 0 0-3 -
  Criteria
A 1431 Ocean Street 5/4/2010 $320,000 0.0 Cape 1,592 0.45 3 1-1
B 1439 Ocean Street 6/6/1996 $128,000 0.0 Split Levl 1,324 0.55 3 1-0
C 5 Macker Terrace 5/17/2022 $235,000 0.1 0.47 0 0-0
D 1426 Ocean Street 5/12/2022 $594,000 0.1 Multi-Conv 2,365 0.84 3 2-0
E 25 Macker Terrace 2/28/2014 $100 0.1 Colonial 2,240 0.61 4 3-0
F 1438 Ocean Street 11/15/2005 $390,000 0.1 Ranch 1,935 0.66 2 1-1
G 1395 Ocean Street 4/3/1997 $0 0.1 Colonial 2,096 0.51 4 1-1
H 1400 Ocean Street 3/21/2018 $1 0.1 Bungalow 834 0.31 2 1-0
I 1446 Ocean Street 7/22/2022 $1 0.1 Cape 1,908 0.54 2 2-0
J 1410 Ocean Street 5/27/2010 $311,000 0.1 Raised Ran 2,244 0.98 4 2-0
K 1389 Ocean Street 8/2/2013 $1 0.1 Colonial 1,924 0.51 3 2-0
L 4 Arthur Avenue 11/2/1967 $0 0.1 Cape 1,080 0.41 4 1-0
M 15 Arthur Avenue 7/31/2017 $355,000 0.1 Ranch 1,758 0.52 3 1-0
N 25 Homeland Drive 4/1/1987 $0 0.1 Cape 1,746 0.64 3 1-1
O 1442 Ocean Street 7/19/1977 $40,900 0.1 Raised Ran 1,483 0.46 3 1-1
P 15 Homeland Drive 11/12/2016 $365,000 0.1 Raised Ran 1,830 0.48 3 1-1
Q 33 Homeland Drive 11/19/1979 $0 0.1 Colonial 2,121 0.75 4 2-0
R 1459 Ocean Street 8/25/1998 $130,000 0.1 Old Style 1,270 0.48 3 1-1
S 1383 Ocean Street 7/26/2019 $440,000 0.1 Cape 3,696 0.68 2 3-0
T 54 Macker Terrace 11/3/2008 $1 0.1 Cape 1,648 0.52 2 1-0
U 16 Arthur Avenue 1/12/1990 $50,000 0.1 Cape 1,609 0.45 2 1-1
V 19 Copeland Street 6/30/2006 $538,000 0.1 Cape 3,773 0.86 6 3-0
W 51 Macker Terrace 7/31/1968 $0 0.1 Ranch 1,621 0.55 3 2-0
X 25 Arthur Avenue 12/29/2008 $1 0.1 Cape 1,812 0.52 4 2-0
Y 1460 Ocean Street 2/14/2012 $100 0.1 Colonial 3,120 0.38 5 2-1
Z 1379 Ocean Street 3/29/2013 $287,000 0.1 Old Style 2,112 0 3 1-1
- 47 Homeland Drive 6/30/2004 $392,500 0.1 Ranch 2,810 0.85 4 2-0
- 24 Arthur Avenue 5/31/2016 $295,500 0.1 Ranch 864 0.46 3 1-0
Averages 7657 days $174,004 0.08 --- 1,886 0.55 --- ---  
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
J08-03-03 1423 Ocean Street