171-175 Washington Street, Norwell, MA 02061

171 175 Washington Street Norwell MA 02061
Owner Information
Owner 1
171 Washington Street LLC
Owner 2
C/O Rader Properties
Owner's Address
80 Washington St Bld J 40 Norwell, MA 02061
Market Sale Information
Most recent sale date
1/16/1998
Previous sale date
1/1/1900
Transfer document #
15814-167
Previous transfer document
Grantor
WHC Eight Re
Previous grantor
Most recent sale price
$470,000.00
Previous sale price
$0.00
Site Information
Property ID
20-23
Lot Size
4
Use Code
325 - Small Retail and Services stores (under 10,000 sq. ft.)
Zoning
Building Style
Office Bldg
Number of Rooms
Stories
1
Number of Beds
Year Built
1977
Number of full baths
Condition
Number of half baths
Finished Area
8248
Number of Kitchen
Gross Living Area
13346
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Metal/Tin
Heating fuel
Forced Air-Duc
Frame type
Steel
Air Condition (%)
Sidings
Pre-Finsh Metl
Assessment Information
Fiscal Year
2024
Land Value
$917,300.00
Total value
$2,306,900.00
Building value
$1,227,000.00
Estimated tax
$35,272.00
Yard improvement value
$162,600.00
Certified Mass Appraisal
2015201620172018201920202021$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
171-175 Washington Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000Subject PropertyTotal Assessment ($)Total Assessment
Address 171-175 Washington Street
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft $56.98
Style Office Bldg
Age 1977
Rooms
Bedrooms
Full baths
Half baths
Gross Living Area 13346
Heating Fuel Forced Air-Duc
Detached Garage
Lot Size 4
Roof Cover Metal/Tin
AEM Value - Building $1,227,000.00
AEM Value - Land $917,300.00
AEM Value - Other $162,600.00
AEM Value - Total $2,306,900.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 171-175 Washington Street 1/16/1998 $470,000 0 Office Bldg 8,248 4 - -
  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
Subject Property11 West End Way18 West End Way15 West End Way17 West End Way170 Washington Street29 Dana Road19 Dana Road33 Dana Road150 Washington Street182 Washington Street149 Washington Street3 Oak Street188 Washington Street159 Washington Street105 Gerard Road99 Gerard Road111 Gerard Road163 Washington Street8 Teaberry Lane164 Washington Street167 Washington Street171-175 Washington Street183 Washington Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 171-175 Washington Street 1/16/1998 $470,000 0 Office Bldg 8,248 4 - -
  Criteria
A 167 Washington Street 5/30/2024 $1,650,000 0.1 Office Bldg 13,763 1 -
B 163 Washington Street 12/31/2020 $995,000 0.1 Office/Apt 4,562 0.78 2-
C 183 Washington Street $0 0.1 Office Bldg 9,450 3.9 -
D 11 West End Way 8/27/1993 $93,000 0.1 Condominium 1,387 0 3 1-1
E 15 West End Way 1/31/2018 $1 0.1 Condominium 1,680 0 3 2-0
F 17 West End Way 7/23/1993 $165,500 0.1 Condominium 1,791 0 3 1-1
G 18 West End Way 8/28/2007 $435,000 0.1 Condominium 1,680 0 3 1-1
H 159 Washington Street 9/11/2020 $720,000 0.1 Res Style Retail/Ofc 2,546 0.9 -
I 182 Washington Street 12/18/2006 $550,000 0.1 Office Bldg 1,315 0.83 -
J 170 Washington Street 2/1/2018 $320,000 0.1 Ranch 998 1.67 2 1-0
K 105 Gerard Road 8/29/1996 $238,000 0.1 Colonial 2,317 1.11 3 2-1
L 29 Dana Road 6/3/2011 $398,500 0.1 Colonial 1,614 0.25 3 1-1
M 3 Oak Street 6/30/2009 $100 0.1 Colonial 2,312 0.34 4 2-0
N 188 Washington Street 8/23/2002 $1 0.1 Colonial 2,378 1.08 4 1-0
O 33 Dana Road 8/5/1988 $15,000 0.1 Cape Cod 1,828 0.32 2 2-0
P 99 Gerard Road 9/4/2012 $685,000 0.1 Colonial 2,528 1.33 3 2-1
Q 149 Washington Street 12/17/2021 $900,000 0.1 Motel 3,020 0.58 -
R 164 Washington Street 11/3/2016 $1,025,000 0.1 Office Bldg 11,203 0.52 -
S 19 Dana Road 2/9/2001 $100 0.1 Cape Cod 1,741 0.37 3 2-0
T 8 Teaberry Lane 8/24/2004 $775,000 0.1 Colonial 3,063 1 3 2-1
U 111 Gerard Road 5/19/2017 $800,000 0.1 Colonial 2,672 1.02 4 2-1
V 150 Washington Street 8/9/2011 $340,000 0.1 Antique 1,850 0.34 3 2-0
Averages 5787 days $459,327 0.09 --- 3,441 0.79 --- ---  
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
20-023 171-175 Washington Street