163 Prospect Street, Norwell, MA 02061

163 Prospect Street Norwell MA 02061
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Owner Information
Owner 1
Kevin Tai & Catherine
Owner 2
Owner's Address
163 Prospect St Norwell, MA 02061
Market Sale Information
Most recent sale date
6/26/2019
Previous sale date
11/5/2014
Transfer document #
51287-270
Previous transfer document
44915-123
Grantor
P Adamson
Previous grantor
Kevin D Oleary
Most recent sale price
$805,000.00
Previous sale price
$715,000.00
Site Information
Property ID
29-43
Lot Size
1
Use Code
101 - Residential, single family
Zoning
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1991
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2448
Number of Kitchen
Gross Living Area
5234
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wd Shin/Clapb
Assessment Information
Fiscal Year
2024
Land Value
$285,800.00
Total value
$946,000.00
Building value
$650,600.00
Estimated tax
$14,464.00
Yard improvement value
$9,600.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
2015201620172018201920202021$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
306 Grove Street14 Cushing Hill Road16 Lantern Lane163 Prospect Street$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 163 Prospect Street A) 306 Grove StreetB) 14 Cushing Hill RoadC) 16 Lantern Lane
Photo
Plan
Map
Proximity 0.80.90.9
Last Sold 2/20/20252/7/20255/30/2025
Price $855,000$900,000$1,800,000
Net Living Area 1,9262,6412,715
Stories 122
Sale Price/sft $328.84$443.93$340.78$662.98
Style ColonialCape CodColonialColonial
Age 1991198419681983
Rooms 8398
Bedrooms 4255
Full baths 3222
Half baths 1011
Gross Living Area 5234392052325592
Heating Fuel Hot WaterHot WaterHot WaterForced Air-Duc
Detached Garage
Lot Size 11.34115.07
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $650,600.00$274,400$426,500$492,700
AEM Value - Land $285,800.00$288,500$300,000$428,200
AEM Value - Other $9,600.00$7,700$0$4,000
AEM Value - Total $946,000.00$570,600$726,500$924,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 163 Prospect Street 6/26/2019 $805,000 0 Colonial 2,448 1 4 3-1 -
  Criteria
A 306 Grove Street 2/20/2025 $855,000 0.8 Cape Cod 1,926 1.34 2 2-0
B 14 Cushing Hill Road 2/7/2025 $900,000 0.9 Colonial 2,641 1 5 2-1
C 16 Lantern Lane 5/30/2025 $1,800,000 0.9 Colonial 2,715 15.07 5 2-1
Averages 95 days $1,185,000 0.90 --- 2,427 5.8 --- ---  

Estimation of Market Value - $1,354,302

As of today, 06/23/2025, the estimated market value of 163 Prospect Street, Norwell considering the above 3 comparable properties is $1,354,302.

 

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
Copy to Clipboard
Subject Property146 Prospect Street149 Prospect Street150 Prospect Street153 Prospect Street154 Prospect Street174 Prospect Street128 Jacobs Lane134 Jacobs Lane164 Prospect Street163 Prospect Street106 Jacobs Lane180 Prospect Street167 Prospect Street122 Jacobs Lane108 Jacobs Lane1 Loring Drive2 Loring Drive$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
@ 163 Prospect Street 6/26/2019 $805,000 0 Colonial 2,448 1 4 3-1 -
  Criteria
A 153 Prospect Street 9/28/1990 $160,000 0.0 Colonial 2,018 1 2 1-
B 167 Prospect Street 6/15/2017 $755,000 0.0 Colonial 2,600 1.11 3 2-1
C 128 Jacobs Lane $700,000 0.1 Antique 2,945 2.14 3 2-1
D 164 Prospect Street 9/17/2021 $1,015,000 0.1 Colonial 3,619 2.2 4 2-1
E 134 Jacobs Lane 11/30/2011 $680,000 0.1 Cape Cod 2,469 1.7 2 2-0
F 149 Prospect Street 9/21/2012 $360,000 0.1 Cape Cod 1,729 1.23 4 1-0
G 122 Jacobs Lane 5/15/1998 $565,000 0.1 Colonial 3,410 1.2 3 2-1
H 150 Prospect Street 3/20/2025 $1,050,000 0.1 Cape Cod 1,635 0.79 3 2-1
I 108 Jacobs Lane 10/23/2020 $1,200,000 0.1 Colonial 2,560 1.15 3 3-1
J 174 Prospect Street 11/23/2004 $525,000 0.1 Modern/Contemp 2,402 1.12 3 1-1
K 154 Prospect Street 3/28/2018 $560,000 0.1 Colonial 2,424 3.05 3 2-1
L 2 Loring Drive 11/15/2013 $960,000 0.1 Colonial 3,996 1.92 4 3-1
M 106 Jacobs Lane 8/17/2012 $706,000 0.1 Colonial 2,524 1.01 4 3-0
N 146 Prospect Street 9/26/1995 $1 0.1 Antique 1,498 0.71 2 1-0
O 1 Loring Drive 6/4/1999 $624,000 0.1 Colonial 3,596 2.1 4 2-1
P 180 Prospect Street 9/3/2013 $745,000 0.1 Colonial 3,203 1.16 4 2-1
Averages 5473 days $662,813 0.08 --- 2,664 1.47 --- ---  
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
29-043 163 Prospect Street