5 Lauras Lane, Norwell, MA 02061

Owner Information
Owner 1
Michael T Powell & Susan B
Owner 2
Owner's Address
5 Lauras Ln Norwell, MA 02061
Market Sale Information
Most recent sale date
5/21/2004
Previous sale date
3/15/2002
Transfer document #
28266-162
Previous transfer document
21719-326
Grantor
Owen P McGowan
Previous grantor
Owen P McGowan
Most recent sale price
$1,125,000.00
Previous sale price
$1.00
Site Information
Property ID
29-51
Lot Size
1
Use Code
101 - Residential, single family
Zoning
Building Style
Colonial
Number of Rooms
9
Stories
2
Number of Beds
4
Year Built
1998
Number of full baths
2
Condition
Number of half baths
1
Finished Area
4753
Number of Kitchen
Gross Living Area
9063
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gambrel
Heating type
Oil
Roof Cover
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wd Shin/Clapb
Assessment Information
Fiscal Year
2024
Land Value
$328,600.00
Total value
$1,406,400.00
Building value
$1,069,200.00
Estimated tax
$21,503.00
Yard improvement value
$8,600.00
Certified Mass Appraisal
2015201620172018201920202021$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
5 Lauras Lane$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000Subject PropertyTotal Assessment ($)Total Assessment
Address 5 Lauras Lane
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft $236.69
Style Colonial
Age 1998
Rooms 9
Bedrooms 4
Full baths 2
Half baths 1
Gross Living Area 9063
Heating Fuel Hot Water
Detached Garage
Lot Size 1
Roof Cover Wood Shingle
AEM Value - Building $1,069,200.00
AEM Value - Land $328,600.00
AEM Value - Other $8,600.00
AEM Value - Total $1,406,400.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Lauras Lane 5/21/2004 $1,125,000 0 Colonial 4,753 1 4 2-1 -
  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 Property149 Prospect Street129 Prospect Street78 Jacobs Lane48 Jacobs Lane106 Jacobs Lane96 Jacobs Lane82 Jacobs Lane7 Lauras Lane108 Jacobs Lane2 Lauras Lane9 Lauras Lane5 Lauras Lane86 Jacobs Lane$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Lauras Lane 5/21/2004 $1,125,000 0 Colonial 4,753 1 4 2-1 -
  Criteria
A 7 Lauras Lane 2/28/2025 $1,825,000 0.0 Colonial 3,114 1 4 3-1
B 2 Lauras Lane 5/31/2012 $1,050,000 0.0 Cape Cod 3,816 1.34 4 3-1
C 9 Lauras Lane 7/15/1998 $595,000 0.1 Colonial 4,231 1 4 2-2
D 129 Prospect Street 10/22/1999 $315,000 0.1 Conventional 1,584 10.27 3 1-1
E 86 Jacobs Lane 4/30/2008 $965,000 0.1 Colonial 4,728 1 3 2-1
F 106 Jacobs Lane 8/17/2012 $706,000 0.1 Colonial 2,524 1.01 4 3-0
G 96 Jacobs Lane 8/22/2017 $100 0.1 Antique 3,032 1 4 3-1
H 82 Jacobs Lane 4/18/2013 $850,000 0.1 Colonial 3,301 1.06 3 2-1
I 108 Jacobs Lane 10/23/2020 $1,200,000 0.1 Colonial 2,560 1.15 3 3-1
J 48 Jacobs Lane 1/6/1966 $0 0.1 Res Typ Comm 4,896 9.7 4-0
K 149 Prospect Street 9/21/2012 $360,000 0.1 Cape Cod 1,729 1.23 4 1-0
L 78 Jacobs Lane 8/22/2023 $1,450,000 0.1 Cape Cod 3,012 1.12 3 2-1
Averages 5891 days $776,342 0.08 --- 3,211 2.57 --- ---  
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
29-051 5 Lauras Lane