481 East Water Street, Rockland, MA 02370

Owner Information
Owner 1
Madeline R Shannon
Owner 2
Madeline R Shannon Trust
Owner's Address
481 East Water St Rockland, MA 02370
Market Sale Information
Most recent sale date
9/27/2019
Previous sale date
1/9/1995
Transfer document #
51700-307
Previous transfer document
13365-112
Grantor
John G Shannon
Previous grantor
John G Shannon
Most recent sale price
$100.00
Previous sale price
$1.00
Site Information
Property ID
36-99-0
Lot Size
0.42
Use Code
101 - Residential, single family
Zoning
R2
Building Style
Conventional
Number of Rooms
8
Stories
1.75
Number of Beds
0
Year Built
1900
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1403
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Floor type
Solar Hot Water
No
Roof Structure
Gable
Heating type
Hot Water
Roof Cover
Asph Shingles
Heating fuel
Gas
Frame type
Wood Frame
Air Condition (%)
Sidings
Vinyl
Assessment Information
Fiscal Year
2024
Land Value
$180,400.00
Total value
$356,400.00
Building value
$176,000.00
Estimated tax
$5,424.00
Yard improvement value
$0.00
Certified Mass Appraisal
20152016201720182019202020212022$0$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Subject Property28 Custer Street92 Liberty Street461 East Water Street77 Reed Street481 East Water Street54 Crescent Street505 Liberty Street34 North Avenue336 Howard Street483 Union Street100 North Avenue7 Bradford Street435 Hingham Street17 Saw Mill Lane$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000Total Assessment ($)Total Assessment
Address 481 East Water Street A) 461 East Water StreetB) 7 Bradford StreetC) 17 Saw Mill LaneD) 505 Liberty StreetE) 336 Howard StreetF) 28 Custer StreetG) 92 Liberty StreetH) 483 Union StreetI) 34 North AvenueJ) 435 Hingham StreetK) 54 Crescent StreetL) 77 Reed StreetM) 100 North Avenue
Photo
Plan
Map
Proximity 0.00.20.30.50.60.60.70.80.80.90.90.91.0
Last Sold 4/16/20255/22/20256/4/20255/30/20252/26/20252/14/20255/13/20252/27/20256/27/20256/30/20256/11/20254/3/20254/1/2025
Price $465,000$630,000$725,000$455,000$586,000$275,000$280,000$525,000$520,000$655,000$480,000$412,000$437,611
Net Living Area 1,3661,6771,6941,1501,4351,1671,2711,7391,4011,5441,2861,3741,092
Stories 1.751.922.51.751.51.751.751.7511.751.751
Sale Price/sft $0.07$340.41$375.67$427.98$395.65$408.36$235.65$220.30$301.90$371.16$424.22$373.25$299.85$400.74
Style ConventionalConventionalConventionalColonialConventionalConventionalConventionalConventionalConventionalConventionalRanchConventionalConventionalRanch
Age 19001900190020101900189518801910191018801985193518801953
Rooms 86756568876766
Bedrooms 03333241033303
Full baths 12211211212211
Half baths 10010000001000
Gross Living Area
Heating Fuel GasGasOilGasOilGasGasGasGasGasOilGasGasOil
Detached Garage
Lot Size 0.420.310.230.230.140.170.270.560.360.251.040.230.150.31
Roof Cover Asph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph ShinglesAsph Shingles
AEM Value - Building $176,000.00$168,200$235,600$375,100$174,400$198,400$144,300$160,400$207,300$201,300$294,500$176,800$172,700$220,400
AEM Value - Land $180,400.00$177,600$185,400$204,900$192,800$183,800$186,500$184,000$178,800$176,300$191,700$185,300$183,200$177,600
AEM Value - Other $0.00$3,800$2,700$500$0$100$0$3,000$300$3,300$2,400$500$300$20,300
AEM Value - Total $356,400.00$349,600$423,700$580,500$367,200$382,300$330,800$347,400$386,400$380,900$488,600$362,600$356,200$418,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 481 East Water Street 9/27/2019 $100 0 Conventional 1,403 0.42 0 1-1 -
  Criteria
A 461 East Water Street 4/16/2025 $465,000 0.0 Conventional 1,366 0.31 3 2-0
B 7 Bradford Street 5/22/2025 $630,000 0.2 Conventional 1,677 0.23 3 2-0
C 17 Saw Mill Lane 6/4/2025 $725,000 0.3 Colonial 1,694 0.23 3 1-1
D 505 Liberty Street 5/30/2025 $455,000 0.5 Conventional 1,150 0.14 3 1-0
E 336 Howard Street 2/26/2025 $586,000 0.6 Conventional 1,435 0.17 2 2-0
F 28 Custer Street 2/14/2025 $275,000 0.6 Conventional 1,167 0.27 4 1-0
G 92 Liberty Street 5/13/2025 $280,000 0.7 Conventional 1,271 0.56 1 1-0
H 483 Union Street 2/27/2025 $525,000 0.8 Conventional 1,739 0.36 0 2-0
I 34 North Avenue 6/27/2025 $520,000 0.8 Conventional 1,401 0.25 3 1-0
J 435 Hingham Street 6/30/2025 $655,000 0.9 Ranch 1,544 1.04 3 2-1
K 54 Crescent Street 6/11/2025 $480,000 0.9 Conventional 1,286 0.23 3 2-0
L 77 Reed Street 4/3/2025 $412,000 0.9 Conventional 1,374 0.15 0 1-0
M 100 North Avenue 4/1/2025 $437,611 1.0 Ranch 1,092 0.31 3 1-0
Averages 66 days $495,816 0.64 --- 1,400 0.33 --- ---  

Estimation of Market Value - $470,469

As of today, 07/04/2025, the estimated market value of 481 East Water Street, Rockland considering the above 13 comparable properties is $470,469.

 

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 Webster Street0 East Water Street54 Beal Street-Rear475 East Water Street355 Webster Street471 East Water Street461 East Water Street467 East Water Street39 Hartsuff Street481 East Water Street31 Hartsuff Street25 Hartsuff Street437 East Water Street361 Webster Street457 East Water Street419 East Water Street380 Webster Street351 Webster Street94 Beal Street369 Webster Street370 Webster Street360 Webster Street422 East Water Street390 Webster Street379 Webster Street421-427 East Water Street449-451 East Water Street$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 481 East Water Street 9/27/2019 $100 0 Conventional 1,403 0.42 0 1-1 -
  Criteria
A 475 East Water Street 12/10/2009 $260,000 0.0 Conventional 1,105 0.26 3 1-1
B 485 East Water Street Unit 1 11/10/2020 $180,000 0.0 Garden Style 834 0.39 2 1-0
C 485 East Water Street Unit 2 8/7/2003 $1 0.0 Garden Style 839 0 2 1-0
D 485 East Water Street Unit 3 9/14/2022 $284,900 0.0 Garden Style 920 0 2 1-0
E 485 East Water Street Unit 4 8/25/2022 $285,000 0.0 Garden Style 920 0 2 1-0
F 485 East Water Street Unit 5 12/30/2021 $275,000 0.0 Garden Style 920 0 2 1-0
G 485 East Water Street Unit 6 2/12/2015 $1 0.0 Garden Style 920 0 2 1-0
H 0 Webster Street $0 0.0 0.49 -
I 471 East Water Street 6/16/2023 $410,000 0.0 Conventional 1,078 0.27 0 1-0
J 467 East Water Street 7/27/2018 $307,000 0.0 Conventional 1,078 0.3 3 1-0
K 399 Webster Street 4/4/1985 $72,900 0.0 Service Station 2,087 0.3 -
L 461 East Water Street 4/16/2025 $465,000 0.0 Conventional 1,366 0.31 3 2-0
M 472-474 East Water Street 7/1/1988 $0 0.0 Conventional 2,774 0.15 0 3-0
N 437 Webster Street 3/7/2025 $315,000 0.0 Office Building 1,324 0.14 -
O 385 Webster Street 8/18/2010 $1 0.1 Conventional 1,654 0.11 0 1-0
P 457 East Water Street 11/20/2019 $350,000 0.1 Conventional 1,462 0.17 3 2-0
Q 443 Webster Street 3/7/2025 $810,000 0.1 Conventional 1,556 1.82 0 1-1
R 449-451 East Water Street 6/15/2017 $418,000 0.1 Conventional 4,234 0.45 0 4-1
S 458-464 East Water Street 9/29/2021 $790,000 0.1 4-8 Unit 3,304 0.26 10 4-0
T 379 Webster Street 12/15/2011 $1 0.1 Conventional 2,965 0.51 0 2-0
U 0 East Water Street 3/25/1957 $0 0.1 1.47 -
V 0 Beal Street-Rear 4/8/2002 $10,000 0.1 0.63 -
W 201 Beal Street 7/14/2015 $10 0.1 Split Level 2,088 0.65 3 2-0
X 412 Webster Street 9/4/1998 $1 0.1 Conventional 1,680 1.35 0 2-0
Y 450 East Water Street 3/4/2013 $1 0.1 Cape 1,638 0.28 2 1-1
Z 420 Webster Street 4/16/2021 $1 0.1 Conventional 2,112 0.66 3 2-0
- 369 Webster Street 10/10/2012 $1 0.1 Conventional 1,587 0.28 4 2-0
- 398 Webster Street 5/2/2019 $439,000 0.1 Conventional 2,722 0.79 4 3-0
- 432 Webster Street 8/19/2021 $382,000 0.1 Conventional 1,512 0.65 2 1-0
- 380 Webster Street 5/30/2024 $380,000 0.1 Conventional 1,543 0.32 4 1-1
- 390 Webster Street 9/21/2018 $409,000 0.1 Conventional 1,600 0.76 3 1-1
- 455 Webster Street 10/14/2004 $0 0.1 Conventional 1,565 1.43 0 1-1
- 437 East Water Street 5/31/2024 $480,000 0.1 Antique 1,755 0.46 0 1-0
- 446 East Water Street 9/15/2015 $320,000 0.1 Cape 1,638 0.21 4 2-0
- 440 Webster Street 4/5/2024 $430,000 0.1 Club/Lodge/Hall 3,245 0.67 -
- 361 Webster Street 10/21/2021 $410,000 0.1 Conversion 1,641 0.28 0 2-0
- 463 Webster Street 5/13/2005 $307,000 0.1 Conventional 1,408 0.28 0 2-0
- 370 Webster Street 10/6/2023 $545,000 0.1 Antique 2,213 0.33 3 1-1
- 436 East Water Street 10/6/2023 $370,000 0.1 Conventional 1,210 0.24 3 1-0
- 114 Beal Street 8/28/2008 $250,000 0.1 Cape 2,245 0.18 4 3-1
- 184 Beal Street 10/27/2003 $339,900 0.1 Split Level 2,158 0.34 4 2-0
- 110 Beal Street 8/16/2018 $286,000 0.1 Cape 1,152 0.18 3 1-0
- 122 Beal Street 12/28/2015 $5,000 0.1 Ranch 1,589 0.32 3 2-0
- 104 Beal Street 9/20/2023 $467,500 0.1 Cape 1,312 0.18 2 1-0
- 25 Hartsuff Street 4/17/2012 $227,000 0.1 Cott/Bungalow 1,404 0.25 3 2-0
- 100 Beal Street 3/7/1988 $0 0.1 Cape 1,282 0.19 2 1-1
- 471 Webster Street 11/1/2004 $371,500 0.1 Conventional 1,771 0.71 3 1-1
- 10 Hingham Street 5/21/2013 $1 0.1 Cape 1,243 0.61 2 1-1
- 355 Webster Street 2/9/2005 $0 0.1 Conventional 1,146 0.22 0 1-0
- 138 Beal Street 5/19/1986 $0 0.1 Split Level 1,844 0.31 3 1-0
- 54 Beal Street-Rear 6/29/2005 $0 0.1 0.36 -
- 94 Beal Street 6/26/1986 $0 0.1 Cape 1,344 0.22 3 2-0
- 421-427 East Water Street 8/24/2020 $610,000 0.1 Conventional 2,565 0.21 6 3-0
- 150 Beal Street 6/30/2022 $610,001 0.1 Colonial 1,938 0.31 5 1-1
- 31 Hartsuff Street 1/6/2020 $1 0.1 Cott/Bungalow 1,363 0.26 0 1-0
- 360 Webster Street 12/16/2020 $442,000 0.1 Conventional 1,556 0.28 2 2-0
- 191 Beal Street 12/21/2016 $10 0.1 Ranch 1,128 0.34 3 1-1
- 47 Marks Street 6/9/1995 $127,500 0.1 Ranch 1,170 0.32 0 1-0
- 0 Webster Street 5/31/2006 $0 0.1 0.1 -
- 351 Webster Street 7/7/2020 $326,500 0.1 Conventional 1,775 0.27 3 1-0
- 0 Webster Street 7/15/1954 $0 0.1 0.23 -
- 37 Marks Street 7/31/1997 $127,000 0.1 Ranch 1,176 0.28 3 1-0
- 422 East Water Street 2/21/2014 $260,000 0.1 Antique 1,843 0.56 3 1-0
- 7 Marks Street 11/4/2020 $1 0.1 Split Level 1,632 0.36 3 1-1
- 57 Marks Street 4/29/2021 $471,000 0.1 Ranch 1,176 0.29 3 2-0
- 419 East Water Street 8/30/2024 $500,000 0.1 Cape 1,586 0.11 4 1-0
- 158 Beal Street 7/31/1997 $142,000 0.1 Raised Ranch 1,540 0.31 3 1-1
- 39 Hartsuff Street 11/23/2011 $166,000 0.1 Cott/Bungalow 1,278 0.27 0 1-0
- 32 Hingham Street 8/31/2004 $297,000 0.1 Conventional 1,538 0.22 3 2-0
Averages 5114 days $227,982 0.08 --- 1,511 0.38 --- ---  
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
36-99-0 481 East Water Street