38 Forest Street, Norwell, MA 02061

38 Forest Street Norwell MA 02061
Click to view the Official Assessors Field Card Copy to Clipboard Download All Print Report
Owner Information
Owner 1
Karle D Lovell
Owner 2
Denise C Lovell
Owner's Address
38 Forest Street Norwell, 02061
Market Sale Information
Most recent sale date
9/21/2022
Previous sale date
6/17/2016
Transfer document #
57257-278
Previous transfer document
47067-189-
Grantor
Natalie Lovell
Previous grantor
Theodore G Lovell
Most recent sale price
$550,000.00
Previous sale price
$1.00
Site Information
Property ID
58-14
Lot Size
0.8
Use Code
101 - Residential, single family
Zoning
Building Style
Cape Cod
Number of Rooms
7
Stories
1
Number of Beds
3
Year Built
1951
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2943
Number of Kitchen
Gross Living Area
4906
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
$75,400.00
Total value
$404,700.00
Building value
$326,600.00
Estimated tax
$6,187.00
Yard improvement value
$2,700.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
2015201620172018201920202021$0$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
38 Forest Street630 Main Street17 Mayelm Lane24 Winter Street647 Main Street$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Subject PropertyTotal Assessment ($)Total Assessment
Address 38 Forest Street A) 630 Main StreetB) 647 Main StreetC) 24 Winter StreetD) 17 Mayelm Lane
Photo
Plan
Map
Proximity 0.30.40.70.7
Last Sold 2/20/20256/5/20252/21/20255/30/2025
Price $775,000$1,965,000$1,360,000$1,215,000
Net Living Area 2,5773,6612,5092,378
Stories 2221
Sale Price/sft $186.88$300.74$536.74$542.05$510.93
Style Cape CodAntiqueAntiqueColonialCape Cod
Age 19511850180019991972
Rooms 79989
Bedrooms 34344
Full baths 21222
Half baths 11111
Gross Living Area 49064796806470905166
Heating Fuel Hot WaterHot WaterHot WaterHot WaterHot Water
Detached Garage
Lot Size 0.8131.092.79
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $326,600.00$347,900$805,100$704,500$420,000
AEM Value - Land $75,400.00$300,000$316,800$286,500$315,000
AEM Value - Other $2,700.00$21,600$73,700$4,300$8,000
AEM Value - Total $404,700.00$669,500$1,195,600$995,300$743,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 38 Forest Street 9/21/2022 $550,000 0 Cape Cod 2,943 0.8 3 2-1 -
  Criteria
A 630 Main Street 2/20/2025 $775,000 0.3 Antique 2,577 1 4 1-1
B 647 Main Street 6/5/2025 $1,965,000 0.4 Antique 3,661 3 3 2-1
C 24 Winter Street 2/21/2025 $1,360,000 0.7 Colonial 2,509 1.09 4 2-1
D 17 Mayelm Lane 5/30/2025 $1,215,000 0.7 Cape Cod 2,378 2.79 4 2-1
Averages 73 days $1,328,750 0.53 --- 2,781 1.97 --- ---  

Estimation of Market Value - $1,001,479

As of today, 06/24/2025, the estimated market value of 38 Forest Street, Norwell considering the above 4 comparable properties is $1,001,479.

 

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 Forest Street0 Forest Street0 Forest Street38 Forest Street34 Forest Street16 Forest Street42 Forest Street26 Forest Street20 Forest Street22 Forest Street68 River Street$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 Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 38 Forest Street 9/21/2022 $550,000 0 Cape Cod 2,943 0.8 3 2-1 -
  Criteria
A 34 Forest Street 6/7/2019 $0 0.0 Ranch 1,467 0.85 3 1-1
B 42 Forest Street 7/24/2012 $1 0.0 Antique 2,201 0.56 3 1-1
C 0 Forest Street 12/19/1983 $0 0.1 Vacant Land 1 -
D 26 Forest Street 5/9/2018 $689,000 0.1 Cape Cod 1,817 0.3 3 2-0
E 22 Forest Street 10/25/2019 $300,000 0.1 Vacant Land 3.25 -
F 0 Forest Street 12/19/1983 $0 0.1 Vacant Land 1 -
G 20 Forest Street 11/15/2022 $687,000 0.1 Antique 2,137 3.45 3 2-0
H 0 Forest Street 12/19/1983 $0 0.1 Vacant Land 1 -
I 68 River Street $0 0.1 Vacant Land 8 -
J 16 Forest Street 3/19/1971 $0 0.1 Cape Cod 1,593 2.45 3 1-0
Averages 8652 days $167,600 0.07 --- 922 2.19 --- ---  
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
58-014 38 Forest Street