88 Prospect Street, Norwell, MA 02061

88 Prospect Street Norwell MA 02061
Owner Information
Owner 1
Catherine M Molla
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
12/12/2024
Previous sale date
7/13/2017
Transfer document #
59537-228
Previous transfer document
48658-343
Grantor
Marie C Molla
Previous grantor
Maria C Molla
Most recent sale price
$338,000.00
Previous sale price
$1.00
Site Information
Property ID
37-3
Lot Size
11.63
Use Code
101 - Residential, single family
Zoning
Building Style
Antique
Number of Rooms
7
Stories
1.5
Number of Beds
3
Year Built
1820
Number of full baths
1
Condition
Number of half baths
0
Finished Area
1479
Number of Kitchen
Gross Living Area
2670
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Pine/Soft Wood
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
$338,600.00
Total value
$587,700.00
Building value
$245,100.00
Estimated tax
$8,985.00
Yard improvement value
$4,000.00
Certified Mass Appraisal
2015201620172018201920202021$0$100,000$200,000$300,000$400,000$500,000$600,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
88 Prospect Street11 Cushing Hill Road150 Prospect Street$540,000$560,000$580,000$600,000$620,000$640,000$660,000$680,000Subject PropertyTotal Assessment ($)Total Assessment
Address 88 Prospect Street A) 150 Prospect StreetB) 11 Cushing Hill Road
Photo
Plan
Map
Proximity 0.30.6
Last Sold 3/20/202511/22/2024
Price $1,050,000$790,000
Net Living Area 1,6351,848
Stories 1.752
Sale Price/sft $228.53$642.20$427.49
Style AntiqueCape CodColonial
Age 182020101971
Rooms 766
Bedrooms 333
Full baths 121
Half baths 011
Gross Living Area 267042683706
Heating Fuel Hot WaterHot WaterElectr Basebrd
Detached Garage
Lot Size 11.630.791
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpWood Shingle
AEM Value - Building $245,100.00$381,700$323,900
AEM Value - Land $338,600.00$273,500$300,000
AEM Value - Other $4,000.00$0$2,800
AEM Value - Total $587,700.00$655,200$626,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 88 Prospect Street 12/12/2024 $338,000 0 Antique 1,479 11.63 3 1-0 -
  Criteria
A 150 Prospect Street 3/20/2025 $1,050,000 0.3 Cape Cod 1,635 0.79 3 2-1
B 11 Cushing Hill Road 11/22/2024 $790,000 0.6 Colonial 1,848 1 3 1-1
Averages 117 days $920,000 0.44 --- 1,742 0.9 --- ---  

Estimation of Market Value - $812,447

As of today, 05/17/2025, the estimated market value of 88 Prospect Street, Norwell considering the above 2 comparable properties is $812,447.

 

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
82 Prospect Street110 Prospect Street104 Prospect Street88 Prospect Street74 Prospect Street84 Prospect Street100 Prospect Street120 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 Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 88 Prospect Street 12/12/2024 $338,000 0 Antique 1,479 11.63 3 1-0 -
  Criteria
A 84 Prospect Street 4/27/1970 $0 0.1 Colonial 3,448 1.4 6 2-1
B 100 Prospect Street 11/1/2023 $244,180 0.1 Cape Cod 4,546 1.19 3 2-1
C 104 Prospect Street 7/28/2016 $1 0.1 Colonial 1,984 1.02 3 2-1
D 82 Prospect Street 10/26/2012 $370,000 0.1 Split-Level 1,626 1.47 3 1-1
E 120 Prospect Street 11/15/2006 $1 0.1 Colonial 3,578 5.48 3 3-1
F 110 Prospect Street 10/9/2009 $353,500 0.1 Cape Cod 1,510 1.03 3 2-0
G 74 Prospect Street 9/19/2011 $260,000 0.1 Modern/Contemp 2,312 1.31 3 2-2
Averages 6560 days $175,383 0.10 --- 2,715 1.84 --- ---  
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
37-003 88 Prospect Street