245 Salem Street, Rockland, MA 02370

245 Salem Street Rockland MA 02370
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Owner Information
Owner 1
John A Lotti & Diane M
Owner 2
Owner's Address
245 Salem St Rockland, MA 02370
Market Sale Information
Most recent sale date
2/25/2003
Previous sale date
11/9/1992
Transfer document #
24301-080
Previous transfer document
11407-156
Grantor
John A Lotti
Previous grantor
South Shore Holdings LTD
Most recent sale price
$1.00
Previous sale price
$38,000.00
Site Information
Property ID
28-7-0
Lot Size
0.56
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Split Level
Number of Rooms
7
Stories
1
Number of Beds
3
Year Built
1992
Number of full baths
2
Condition
Number of half baths
1
Finished Area
1940
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Comb
Solar Hot Water
No
Roof Structure
Gable
Heating type
Warm/Cool Air
Roof Cover
Asph Shingles
Heating fuel
Oil
Frame type
Wood Frame
Air Condition (%)
Sidings
Wd Shingles
Assessment Information
Fiscal Year
2024
Land Value
$184,000.00
Total value
$453,500.00
Building value
$255,000.00
Estimated tax
$6,902.00
Yard improvement value
$14,500.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20152016201720182019202020212022$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
Mailing Labels $Valuation Report Copy To Clipboard
21 Liberty Court483 Union Street260 Reed Street69 North Avenue49 Nevens Circle94 North Avenue245 Salem Street400 Salem Street136 Salem Street38 Hatherly Road$0$100,000$200,000$300,000$400,000$500,000$600,000Subject PropertyTotal Assessment ($)Total Assessment
Address 245 Salem Street A) 136 Salem StreetB) 400 Salem StreetC) 38 Hatherly RoadD) 21 Liberty CourtE) 69 North AvenueF) 483 Union StreetG) 94 North AvenueH) 260 Reed StreetI) 49 Nevens Circle
Photo
Plan
Map
Proximity 0.20.30.40.50.70.70.70.90.9
Last Sold 3/6/20256/11/20255/19/20256/3/20252/21/20252/27/20255/23/20256/27/20255/22/2025
Price $575,000$585,000$775,000$280,000$480,000$525,000$499,900$530,000$607,000
Net Living Area 1,6321,5021,8721,5182,0351,7391,8251,5361,764
Stories 11.75221.751.751.751.752
Sale Price/sft $0.00$352.33$389.48$414.00$184.45$235.87$301.90$273.92$345.05$344.10
Style Split LevelRanchColonialColonialConventionalConventionalConventionalCapeCapeColonial
Age 1992194519402003183219001910195319551955
Rooms 7669678867
Bedrooms 3334030423
Full baths 2222112211
Half baths 1001000011
Gross Living Area
Heating Fuel OilOilGasGasOilGasGasGasGasGas
Detached Garage
Lot Size 0.560.390.751.390.390.10.360.310.240.22
Roof Cover Asph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph Shingles
AEM Value - Building $255,000.00$296,500$257,100$349,100$166,300$260,000$207,300$270,300$219,100$248,000
AEM Value - Land $184,000.00$179,700$209,700$216,200$189,600$172,500$178,800$177,600$185,600$194,900
AEM Value - Other $14,500.00$0$0$800$200$200$300$2,900$11,400$0
AEM Value - Total $453,500.00$476,200$466,800$566,100$356,100$432,700$386,400$450,800$416,100$442,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 245 Salem Street 2/25/2003 $1 0 Split Level 1,940 0.56 3 2-1 -
  Criteria
A 136 Salem Street 3/6/2025 $575,000 0.2 Ranch 1,632 0.39 3 2-0
B 400 Salem Street 6/11/2025 $585,000 0.3 Colonial 1,502 0.75 3 2-0
C 38 Hatherly Road 5/19/2025 $775,000 0.4 Colonial 1,872 1.39 4 2-1
D 21 Liberty Court 6/3/2025 $280,000 0.5 Conventional 1,518 0.39 0 1-0
E 69 North Avenue 2/21/2025 $480,000 0.7 Conventional 2,035 0.1 3 1-0
F 483 Union Street 2/27/2025 $525,000 0.7 Conventional 1,739 0.36 0 2-0
G 94 North Avenue 5/23/2025 $499,900 0.7 Cape 1,825 0.31 4 2-0
H 260 Reed Street 6/27/2025 $530,000 0.9 Cape 1,536 0.24 2 1-1
I 49 Nevens Circle 5/22/2025 $607,000 0.9 Colonial 1,764 0.22 3 1-1
Averages 79 days $539,656 0.58 --- 1,714 0.46 --- ---  

Estimation of Market Value - $581,198

As of today, 07/19/2025, the estimated market value of 245 Salem Street, Rockland considering the above 9 comparable properties is $581,198.

 

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 Property254 Salem Street295 Salem Street276 Salem Street282 Salem Street260 Salem Street248 Salem Street165 Salem Street275 Salem Street246 Salem Street265 Salem Street225 Salem Street235 Salem Street292 Salem Street245 Salem Street285 Salem Street255 Salem Street$0$100,000$200,000$300,000$400,000$500,000$600,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 245 Salem Street 2/25/2003 $1 0 Split Level 1,940 0.56 3 2-1 -
  Criteria
A 235 Salem Street 9/15/1999 $195,000 0.0 Split Level 1,792 0.55 3 1-1
B 255 Salem Street 12/17/2020 $100 0.0 Ranch 1,695 0.56 3 2-0
C 265 Salem Street 6/15/2012 $260,000 0.0 Cape 1,424 0.54 3 2-1
D 275 Salem Street 7/12/2000 $1 0.1 Raised Ranch 1,130 0.54 0 2-0
E 225 Salem Street 4/14/2022 $1 0.1 Cape 1,384 0.74 3 1-1
F 246 Salem Street 6/3/2002 $259,900 0.1 Cape 2,040 1 4 2-1
G 285 Salem Street 1/5/1998 $1 0.1 Cape 1,756 0.59 0 1-0
H 248 Salem Street 8/8/2022 $480,000 0.1 Ranch 864 0.79 3 1-0
I 165 Salem Street 11/21/2017 $1 0.1 Raised Ranch 1,955 1.89 3 2-0
J 254 Salem Street 10/25/2013 $100 0.1 Ranch 864 0.65 3 1-0
K 260 Salem Street 9/27/1979 $30,500 0.1 Cape 1,455 0.72 0 2-0
L 295 Salem Street 10/12/2004 $250,000 0.1 Conventional 1,148 0.75 2 1-1
M 276 Salem Street 11/17/1988 $0 0.1 Ranch 984 0.54 2 1-0
N 282 Salem Street 5/29/2019 $331,000 0.1 Cape 1,427 0.54 4 2-0
O 292 Salem Street 9/16/2021 $1 0.1 Cape 1,764 0.48 0 2-0
Averages 6284 days $120,440 0.08 --- 1,445 0.73 --- ---  
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
28-7-0 245 Salem Street