16 Forest Street, Norwell, MA 02061

Owner Information
Owner 1
Peter Kates
Owner 2
Owner's Address
Box 72 16 Forest Street Norwell, MA 02061
Market Sale Information
Most recent sale date
3/19/1971
Previous sale date
Transfer document #
3657-156
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$0.00
Previous sale price
N/A
Site Information
Property ID
58-22
Lot Size
2.45
Use Code
101 - Residential, single family
Zoning
Building Style
Cape Cod
Number of Rooms
4
Stories
1
Number of Beds
3
Year Built
1940
Number of full baths
1
Condition
Number of half baths
0
Finished Area
1593
Number of Kitchen
Gross Living Area
2901
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
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wd Shin/Clapb
Assessment Information
Fiscal Year
2024
Land Value
$327,100.00
Total value
$538,200.00
Building value
$197,700.00
Estimated tax
$8,229.00
Yard improvement value
$13,400.00
Certified Mass Appraisal
2015201620172018201920202021$0$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
42 Central Street93 River Street771 Main Street16 Forest Street$0$100,000$200,000$300,000$400,000$500,000$600,000Subject PropertyTotal Assessment ($)Total Assessment
Address 16 Forest Street A) 93 River StreetB) 42 Central StreetC) 771 Main Street
Photo
Plan
Map
Proximity 0.30.40.4
Last Sold 5/8/20254/1/20254/25/2025
Price $467,300$1,750,000$767,000
Net Living Area 1,6171,5031,280
Stories 11.751
Sale Price/sft $0.00$288.99$1164.34$599.22
Style Cape CodConventionalAntiqueSplit-Level
Age 1940192118001970
Rooms 4575
Bedrooms 3333
Full baths 1112
Half baths 0000
Gross Living Area 2901285027283382
Heating Fuel Forced Air-DucForced Air-DucNoneHot Water
Detached Garage
Lot Size 2.452.360.330.63
Roof Cover Wood ShingleAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $197,700.00$200,700$90,600$230,900
AEM Value - Land $327,100.00$296,700$245,600$276,600
AEM Value - Other $13,400.00$7,400$2,500$0
AEM Value - Total $538,200.00$504,800$338,700$507,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Forest Street 3/19/1971 $0 0 Cape Cod 1,593 2.45 3 1-0 -
  Criteria
A 93 River Street 5/8/2025 $467,300 0.3 Conventional 1,617 2.36 3 1-0
B 42 Central Street 4/1/2025 $1,750,000 0.4 Antique 1,503 0.33 3 1-0
C 771 Main Street 4/25/2025 $767,000 0.4 Split-Level 1,280 0.63 3 2-0
Averages 61 days $994,767 0.37 --- 1,467 1.11 --- ---  

Estimation of Market Value - $1,134,656

As of today, 06/21/2025, the estimated market value of 16 Forest Street, Norwell considering the above 3 comparable properties is $1,134,656.

 

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
Subject Property0 River Street0 River Street0 River Street0 River Street38 Forest Street34 Forest Street16 Forest Street18 West Street26 Forest Street20 Forest Street22 Forest Street24 River Street40 River Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Forest Street 3/19/1971 $0 0 Cape Cod 1,593 2.45 3 1-0 -
  Criteria
A 20 Forest Street 11/15/2022 $687,000 0.0 Antique 2,137 3.45 3 2-0
B 40 River Street 10/4/2018 $100 0.1 Apt House 18,422 2.6 18-
C 0 River Street $0 0.1 Vacant Land 3.6 -
D 26 Forest Street 5/9/2018 $689,000 0.1 Cape Cod 1,817 0.3 3 2-0
E 24 River Street 5/31/1954 $0 0.1 Antique 2,608 2.3 4 2-0
F 0 River Street 6/7/1961 $0 0.1 Vacant Land 0.31 -
G 22 Forest Street 10/25/2019 $300,000 0.1 Vacant Land 3.25 -
H 34 Forest Street 6/7/2019 $0 0.1 Ranch 1,467 0.85 3 1-1
I 18 West Street 11/25/2014 $1 0.1 Antique 1,500 2.84 3 1-1
J 38 Forest Street 9/21/2022 $550,000 0.1 Cape Cod 2,943 0.8 3 2-1
K 0 River Street 12/30/2015 $1 0.1 Vacant Land 2.8 -
L 0 River Street 6/7/1954 $0 0.1 Vacant Land 1.6 -
Averages 8536 days $185,509 0.09 --- 2,575 2.06 --- ---  
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
58-022 16 Forest Street