3 Oak Street, Norwell, MA 02061

Owner Information
Owner 1
Joseph Otero & Julie
Owner 2
Owner's Address
3 Oak St Norwell, MA 02061
Market Sale Information
Most recent sale date
6/30/2009
Previous sale date
2/27/2004
Transfer document #
37424-213
Previous transfer document
27620-107
Grantor
Joseph Otero
Previous grantor
Joseph J Barbuto
Most recent sale price
$100.00
Previous sale price
$310,000.00
Site Information
Property ID
30-90
Lot Size
0.34
Use Code
101 - Residential, single family
Zoning
Building Style
Colonial
Number of Rooms
5
Stories
1
Number of Beds
4
Year Built
1950
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2312
Number of Kitchen
Gross Living Area
4075
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
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
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$270,800.00
Total value
$591,300.00
Building value
$318,800.00
Estimated tax
$9,040.00
Yard improvement value
$1,700.00
Certified Mass Appraisal
2015201620172018201920202021$0$100,000$200,000$300,000$400,000$500,000$600,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
164 High Street4 Cape Cod Lane3 Oak Street$545,000$550,000$555,000$560,000$565,000$570,000$575,000$580,000$585,000$590,000$595,000Subject PropertyTotal Assessment ($)Total Assessment
Address 3 Oak Street A) 4 Cape Cod LaneB) 164 High Street
Photo
Plan
Map
Proximity 0.20.4
Last Sold 11/27/202411/25/2024
Price $968,500$685,000
Net Living Area 1,9361,774
Stories 21
Sale Price/sft $0.04$500.26$386.13
Style ColonialColonialConventional
Age 195019631847
Rooms 586
Bedrooms 443
Full baths 211
Half baths 010
Gross Living Area 407541282905
Heating Fuel Hot WaterHot WaterHot Water
Detached Garage
Lot Size 0.340.550.98
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $318,800.00$317,900$245,300
AEM Value - Land $270,800.00$258,400$313,000
AEM Value - Other $1,700.00$12,200$4,800
AEM Value - Total $591,300.00$588,500$563,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Oak Street 6/30/2009 $100 0 Colonial 2,312 0.34 4 2-0 -
  Criteria
A 4 Cape Cod Lane 11/27/2024 $968,500 0.2 Colonial 1,936 0.55 4 1-1
B 164 High Street 11/25/2024 $685,000 0.4 Conventional 1,774 0.98 3 1-0
Averages 174 days $826,750 0.31 --- 1,855 0.77 --- ---  

Estimation of Market Value - $939,717

As of today, 05/18/2025, the estimated market value of 3 Oak Street, Norwell considering the above 2 comparable properties is $939,717.

 

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 Property29 Oak Street150 Washington Street11 Oak Street18 Oak Street17 Oak Street149 Washington Street12 Ridge Hill Road21 Ridge Hill Road20 Ridge Hill Road26 Ridge Hill Road23 Oak Street3 Oak Street3 Ridge Hill Road8 Ridge Hill Road15 Ridge Hill Road188 Washington Street34 Oak Street159 Washington Street148 Washington Street33 Ridge Hill Road24 Oak Street27 Ridge Hill Road9 Ridge Hill Road163 Washington Street164 Washington Street167 Washington Street171-175 Washington Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Oak Street 6/30/2009 $100 0 Colonial 2,312 0.34 4 2-0 -
  Criteria
A 3 Ridge Hill Road 5/29/1998 $225,000 0.0 Cape Cod 2,227 0.5 4 2-1
B 164 Washington Street 11/3/2016 $1,025,000 0.0 Office Bldg 11,203 0.52 -
C 170 Washington Street 2/1/2018 $320,000 0.0 Ranch 998 1.67 2 1-0
D 9 Ridge Hill Road 11/14/2018 $470,000 0.0 Ranch 2,843 0.66 4 2-0
E 167 Washington Street 5/30/2024 $1,650,000 0.1 Office Bldg 13,763 1 -
F 11 Oak Street 6/24/1992 $142,000 0.1 Conventional 1,559 0.58 3 2-0
G 15 Ridge Hill Road 4/27/2011 $10 0.1 Cape Cod 2,999 0.52 3 3-0
H 150 Washington Street 8/9/2011 $340,000 0.1 Antique 1,850 0.34 3 2-0
I 182 Washington Street 12/18/2006 $550,000 0.1 Office Bldg 1,315 0.83 -
J 163 Washington Street 12/31/2020 $995,000 0.1 Office/Apt 4,562 0.78 2-
K 18 Oak Street 6/3/2014 $100 0.1 Cape Cod 1,897 0.6 3 1-0
L 12 Ridge Hill Road 12/23/1985 $0 0.1 Colonial 1,898 0.5 4 3-0
M 17 Oak Street 7/11/2011 $425,000 0.1 Cape Cod 1,886 0.56 3 1-1
N 159 Washington Street 9/11/2020 $720,000 0.1 Res Style Retail/Ofc 2,546 0.9 -
O 21 Ridge Hill Road 8/23/1991 $225,000 0.1 Cape Cod 2,127 0.5 3 2-0
P 148 Washington Street 9/26/2018 $900,000 0.1 Res Typ Comm 1,606 1.09 3 2-
Q 20 Ridge Hill Road 3/24/2003 $1 0.1 Colonial 2,004 0.51 3 2-0
R 8 Ridge Hill Road 5/31/2022 $968,000 0.1 Ranch 1,936 1.07 3 2-0
S 24 Oak Street $308,700 0.1 Cape Cod 2,784 1.01 3 2-0
T 188 Washington Street 8/23/2002 $1 0.1 Colonial 2,378 1.08 4 1-0
U 23 Oak Street 9/10/1984 $0 0.1 Modern/Contemp 1,927 0.66 3 2-1
V 149 Washington Street 12/17/2021 $900,000 0.1 Motel 3,020 0.58 -
W 27 Ridge Hill Road $770,000 0.1 Cape Cod 0.5 3 2-1
X 171-175 Washington Street 1/16/1998 $470,000 0.1 Office Bldg 8,248 4 -
Y 26 Ridge Hill Road 8/15/2012 $1 0.1 Cape Cod 1,998 0.62 3 2-1
Z 29 Oak Street 7/21/2021 $641,000 0.1 Ranch 1,178 0.5 3 2-0
- 33 Ridge Hill Road 4/12/2013 $502,500 0.1 Colonial 1,770 0.51 3 1-1
- 34 Oak Street 6/7/2022 $850,000 0.1 Ranch 1,808 0.49 3 2-0
Averages 5535 days $478,475 0.08 --- 3,012 0.82 --- ---  
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
30-090 3 Oak Street