49 Loring Drive, Norwell, MA 02061

49 Loring Drive Norwell MA 02061
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Owner Information
Owner 1
Tanios M Rubeiz & Vera N
Owner 2
Owner's Address
49 Loring Dr Norwell, MA 02061
Market Sale Information
Most recent sale date
9/25/2009
Previous sale date
3/27/1998
Transfer document #
37750-5
Previous transfer document
16030-321
Grantor
Raymond L Tedeschi
Previous grantor
Most recent sale price
$935,000.00
Previous sale price
$100.00
Site Information
Property ID
35-52
Lot Size
1.45
Use Code
101 - Residential, single family
Zoning
Building Style
Colonial
Number of Rooms
11
Stories
2
Number of Beds
4
Year Built
1989
Number of full baths
4
Condition
Number of half baths
0
Finished Area
5222
Number of Kitchen
Gross Living Area
10471
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
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
$332,700.00
Total value
$1,494,100.00
Building value
$1,138,200.00
Estimated tax
$22,844.00
Yard improvement value
$23,200.00
Flood Map MassMapper Google Street View
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
Mailing Labels $Valuation Report
247 Prospect Street49 Loring Drive$1,360,000$1,380,000$1,400,000$1,420,000$1,440,000$1,460,000$1,480,000$1,500,000$1,520,000Subject PropertyTotal Assessment ($)Total Assessment
Address 49 Loring Drive A) 247 Prospect Street
Photo
Plan
Map
Proximity 0.5
Last Sold 11/12/2024
Price $1,600,000
Net Living Area 4,637
Stories 2
Sale Price/sft $179.05$345.05
Style ColonialColonial
Age 19891990
Rooms 11
Bedrooms 43
Full baths 42
Half baths 01
Gross Living Area 104718379
Heating Fuel Hot WaterHot Water
Detached Garage
Lot Size 1.454.5
Roof Cover Asph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $1,138,200.00$1,038,800
AEM Value - Land $332,700.00$329,400
AEM Value - Other $23,200.00$41,500
AEM Value - Total $1,494,100.00$1,409,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 49 Loring Drive 9/25/2009 $935,000 0 Colonial 5,222 1.45 4 4-0 -
  Criteria
A 247 Prospect Street 11/12/2024 $1,600,000 0.5 Colonial 4,637 4.5 3 2-1
Averages 169 days $1,600,000 0.54 --- 4,637 4.5 --- ---  

Estimation of Market Value - $1,748,824

As of today, 04/29/2025, the estimated market value of 49 Loring Drive, Norwell considering the above 1 comparable properties is $1,748,824.

 

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
Subject Property29 Loring Drive50 Loring Drive19 Loring Drive40 Loring Drive59 Loring Drive14 Edgewood Park56 Loring Drive30 Loring Drive49 Loring Drive39 Loring Drive10 Edgewood Park15 Edgewood Park11 Edgewood Park18 Edgewood Park$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
@ 49 Loring Drive 9/25/2009 $935,000 0 Colonial 5,222 1.45 4 4-0 -
  Criteria
A 39 Loring Drive 8/30/2019 $1,425,000 0.0 Colonial 4,782 1 3 5-0
B 59 Loring Drive 12/6/2023 $2,200,000 0.0 Colonial 3,512 2.6 4 2-1
C 10 Edgewood Park 1/18/2023 $2,000,000 0.1 Colonial 6,370 1.14 5 4-1
D 29 Loring Drive 10/30/2006 $880,000 0.1 Colonial 4,036 1.16 3 3-1
E 14 Edgewood Park 9/28/2020 $1,295,000 0.1 Colonial 2,944 3.41 5 3-1
F 40 Loring Drive 7/8/2022 $1,950,000 0.1 Colonial 3,646 1.55 4 2-1
G 56 Loring Drive 6/1/2011 $1,082,250 0.1 Colonial 4,104 1.94 5 3-1
H 50 Loring Drive 5/14/2021 $1,250,000 0.1 Colonial 2,604 1.78 3 2-1
I 11 Edgewood Park $1,826,000 0.1 Colonial 6,369 1.65 4 4-1
J 19 Loring Drive 11/2/1992 $150,000 0.1 Colonial 4,326 4.3 3 2-1
K 15 Edgewood Park 6/22/2016 $1,786,250 0.1 Colonial 6,601 1.28 5 3-2
L 30 Loring Drive 6/4/2012 $1,000,000 0.1 Colonial 4,329 3.12 4 3-1
M 18 Edgewood Park 6/24/2024 $2,265,000 0.1 Colonial 7,310 2.05 6 4-0
Averages 3293 days $1,469,962 0.09 --- 4,687 2.08 --- ---  
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
35-052 49 Loring Drive