50 Loring Drive, Norwell, MA 02061

50 Loring Drive Norwell MA 02061
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Owner Information
Owner 1
Gregory John Deems
Owner 2
Colleen E Deems
Owner's Address
50 Loring Drive Norwell, 02061
Market Sale Information
Most recent sale date
5/14/2021
Previous sale date
7/31/2013
Transfer document #
54972-266
Previous transfer document
43429-110-
Grantor
Michael J Glennon
Previous grantor
Michael J Glennon
Most recent sale price
$1,250,000.00
Previous sale price
$1.00
Site Information
Property ID
35-55
Lot Size
1.78
Use Code
101 - Residential, single family
Zoning
Building Style
Colonial
Number of Rooms
9
Stories
2
Number of Beds
3
Year Built
1988
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2604
Number of Kitchen
Gross Living Area
4670
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
$335,800.00
Total value
$1,176,500.00
Building value
$816,500.00
Estimated tax
$17,988.00
Yard improvement value
$24,200.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
2015201620172018201920202021$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
14 Cushing Hill Road50 Otis Hill Road16 Lantern Lane7 Lauras Lane50 Loring Drive$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Subject PropertyTotal Assessment ($)Total Assessment
Address 50 Loring Drive A) 7 Lauras LaneB) 16 Lantern LaneC) 14 Cushing Hill RoadD) 50 Otis Hill Road
Photo
Plan
Map
Proximity 0.40.80.91.0
Last Sold 2/28/20255/30/20252/7/20254/4/2025
Price $1,825,000$1,800,000$900,000$1,250,000
Net Living Area 3,1142,7152,6412,474
Stories 2222
Sale Price/sft $480.03$586.06$662.98$340.78$505.25
Style ColonialColonialColonialColonialColonial
Age 19881999198319681972
Rooms 910897
Bedrooms 34553
Full baths 23221
Half baths 11111
Gross Living Area 46707068559252324535
Heating Fuel Hot WaterHot WaterForced Air-DucHot WaterHot Water
Detached Garage
Lot Size 1.78115.0711.08
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $816,500.00$740,200$492,700$426,500$412,400
AEM Value - Land $335,800.00$328,600$428,200$300,000$300,700
AEM Value - Other $24,200.00$6,700$4,000$0$14,800
AEM Value - Total $1,176,500.00$1,075,500$924,900$726,500$727,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 50 Loring Drive 5/14/2021 $1,250,000 0 Colonial 2,604 1.78 3 2-1 -
  Criteria
A 7 Lauras Lane 2/28/2025 $1,825,000 0.4 Colonial 3,114 1 4 3-1
B 16 Lantern Lane 5/30/2025 $1,800,000 0.8 Colonial 2,715 15.07 5 2-1
C 14 Cushing Hill Road 2/7/2025 $900,000 0.9 Colonial 2,641 1 5 2-1
D 50 Otis Hill Road 4/4/2025 $1,250,000 1.0 Colonial 2,474 1.08 3 1-1
Averages 74 days $1,443,750 0.76 --- 2,736 4.54 --- ---  

Estimation of Market Value - $1,670,359

As of today, 06/07/2025, the estimated market value of 50 Loring Drive, Norwell considering the above 4 comparable properties is $1,670,359.

 

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
0 Loring Drive0 Prospect Street29 Loring Drive50 Loring Drive40 Loring Drive59 Loring Drive56 Loring Drive30 Loring Drive49 Loring Drive39 Loring Drive$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000$2,000,000Subject PropertyTotal Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 50 Loring Drive 5/14/2021 $1,250,000 0 Colonial 2,604 1.78 3 2-1 -
  Criteria
A 56 Loring Drive 6/1/2011 $1,082,250 0.0 Colonial 4,104 1.94 5 3-1
B 40 Loring Drive 7/8/2022 $1,950,000 0.0 Colonial 3,646 1.55 4 2-1
C 49 Loring Drive 9/25/2009 $935,000 0.1 Colonial 5,222 1.45 4 4-0
D 39 Loring Drive 8/30/2019 $1,425,000 0.1 Colonial 4,782 1 3 5-0
E 30 Loring Drive 6/4/2012 $1,000,000 0.1 Colonial 4,329 3.12 4 3-1
F 59 Loring Drive 12/6/2023 $2,200,000 0.1 Colonial 3,512 2.6 4 2-1
G 0 Loring Drive 6/8/2006 $0 0.1 Vacant Land 7.46 -
H 29 Loring Drive 10/30/2006 $880,000 0.1 Colonial 4,036 1.16 3 3-1
I 0 Prospect Street 1/14/2014 $100 0.1 Vacant Land 7 -
Averages 4137 days $1,052,483 0.09 --- 3,292 3.03 --- ---  
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
35-055 50 Loring Drive