1 Nerak Way, Forestdale, MA 02644

Owner Information
Owner 1
Margilyn Valle-Tacke & Eugene C
Owner 2
Owner's Address
1 Nerak Way Forestdale, MA 02644
Market Sale Information
Most recent sale date
2/27/2012
Previous sale date
6/4/2010
Transfer document #
(196446)-
Previous transfer document
(191595)
Grantor
Nerak Way LLC
Previous grantor
Farrell Electric Inc
Most recent sale price
$237,500.00
Previous sale price
$1.00
Site Information
Property ID
5-265-0
Lot Size
0.64
Use Code
101 - Residential, single family
Zoning
R2
Building Style
Gambrel Dch Col
Number of Rooms
7
Stories
2
Number of Beds
3
Year Built
1984
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1642
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
W/W Carpeting
Solar Hot Water
No
Roof Structure
Gambrel
Heating type
Forced Air
Roof Cover
Asphalt
Heating fuel
N/A
Frame type
Wood Frame
Air Condition (%)
Sidings
Clapboard/Wd Sh
Assessment Information
Fiscal Year
2025
Land Value
$174,200.00
Total value
$528,500.00
Building value
$276,900.00
Estimated tax
$5,586.00
Yard improvement value
$77,400.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$100,000$200,000$300,000$400,000$500,000$600,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
2 Meredith Road1 Nerak Way27 Blackthorn Path17 Wellfield Road8 Cross Hill Road$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000Subject PropertyTotal Assessment ($)Total Assessment
Address 1 Nerak Way A) 2 Meredith RoadB) 27 Blackthorn PathC) 17 Wellfield RoadD) 8 Cross Hill Road
Photo
Plan
Map
Proximity 0.40.40.40.6
Last Sold 12/30/20244/29/20251/17/20255/1/2025
Price $610,000$630,000$725,000$739,000
Net Living Area 2,0041,9871,7661,787
Stories 11.751.751.75
Sale Price/sft $144.64$304.39$317.06$410.53$413.54
Style Gambrel Dch ColRaised RanchCapeCapeCape
Age 19841977198919982010
Rooms 76756
Bedrooms 33333
Full baths 22322
Half baths 00000
Gross Living Area
Heating Fuel N/AN/AN/AGasGas
Detached Garage
Lot Size 0.640.470.450.610.9
Roof Cover AsphaltAsphaltAsphaltAsphaltAsphalt
AEM Value - Building $276,900.00$334,300$427,700$449,500$474,400
AEM Value - Land $174,200.00$156,000$153,600$171,200$196,900
AEM Value - Other $77,400.00$1,700$2,300$0$0
AEM Value - Total $528,500.00$492,000$583,600$620,700$671,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Nerak Way 2/27/2012 $237,500 0 Gambrel Dch Col 1,642 0.64 3 2-0 -
  Criteria
A 2 Meredith Road 12/30/2024 $610,000 0.4 Raised Ranch 2,004 0.47 3 2-0
B 27 Blackthorn Path 4/29/2025 $630,000 0.4 Cape 1,987 0.45 3 3-0
C 17 Wellfield Road 1/17/2025 $725,000 0.4 Cape 1,766 0.61 3 2-0
D 8 Cross Hill Road 5/1/2025 $739,000 0.6 Cape 1,787 0.9 3 2-0
Averages 73 days $676,000 0.43 --- 1,886 0.61 --- ---  

Estimation of Market Value - $596,067

As of today, 05/17/2025, the estimated market value of 1 Nerak Way, Forestdale considering the above 4 comparable properties is $596,067.

 

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
Subject Property7 Jody Lane126 Snake Pond Road124 Snake Pond Road118 Snake Pond Road130 Snake Pond Road122 Snake Pond Road120 Snake Pond Road134 Snake Pond Road12 Belmont Avenue10 Belmont Avenue5 Belmont Avenue128 Snake Pond Road7 Belmont Avenue8 Belmont Avenue6 Belmont Avenue7 Jasper Lane5 Jody Lane4 West Crossfield Road1 Jody Lane3 Jody Lane3 Belmont Avenue138 Snake Pond Road9 Jasper Lane9 Belmont Avenue1 Nerak Way2 West Crossfield Road8 Jasper Lane$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Nerak Way 2/27/2012 $237,500 0 Gambrel Dch Col 1,642 0.64 3 2-0 -
  Criteria
A 2 Jody Lane 6/25/1999 $130,000 0.0 Gambrel Dch Col 2,544 0.66 3 3-0
B 3 Nerak Way 8/21/2019 $10 0.0 Cape 1,620 0.89 3 2-0
C 2 Linda Lane 3/18/2021 $445,000 0.0 Colonial 1,798 0.71 3 2-1
D 126 Snake Pond Road 4/24/2015 $230,000 0.0 Saltbox 980 0.45 2 1-0
E 128 Snake Pond Road 12/6/2019 $285,000 0.0 Ranch 960 0.45 3 1-0
F 6 Jody Lane 9/20/2021 $0 0.1 Cape 2,186 0.66 3 2-0
G 1 Linda Lane 1/19/2024 $455,250 0.1 Saltbox 1,760 0.57 3 1-1
H 124 Snake Pond Road 8/7/2018 $275,000 0.1 Ranch 960 0.45 3 1-0
I 130 Snake Pond Road 10/23/2009 $225,000 0.1 Cape 1,152 0.47 3 1-0
J 10 Jody Lane 8/22/1989 $126,000 0.1 Cape 1,428 0.91 3 2-0
K 4 Linda Lane 8/30/2024 $490,000 0.1 Ranch 1,062 0.56 3 1-1
L 1 Jody Lane 4/8/2021 $410,000 0.1 Cape 1,512 0.59 3 2-0
M 122 Snake Pond Road 11/13/1979 $38,900 0.1 Cape 1,344 0.45 4 2-0
N 6 Belmont Avenue 4/7/1997 $0 0.1 Cape 1,370 0.46 2 2-0
O 3 Jody Lane 7/9/2004 $314,000 0.1 Cape 1,500 0.54 3 2-0
P 6 Nerak Way 11/7/2018 $1 0.1 Cape 1,418 0.68 3 2-0
Q 8 Belmont Avenue 9/16/2002 $229,900 0.1 Ranch 912 0.61 3 2-0
R 134 Snake Pond Road 5/23/1994 $1 0.1 Cape 1,349 0.48 3 2-0
S 5 Linda Lane 5/4/2020 $1 0.1 Cape 1,428 0.61 4 2-0
T 6 Linda Lane 9/29/1986 $90,000 0.1 Gambrel Dch Col 1,642 0.56 4 2-0
U 5 Jody Lane 11/2/2018 $1 0.1 Cape 1,418 0.71 3 2-0
V 120 Snake Pond Road 5/11/2018 $290,000 0.1 Cape 1,200 0.45 4 2-0
W 9 Jody Lane 2/9/2010 $0 0.1 0.52 -
X 8 Jasper Lane 10/24/2022 $687,000 0.1 Contemporary 2,078 0.77 3 3-0
Y 7 Jody Lane 2/9/2010 $0 0.1 0.7 -
Z 10 Belmont Avenue 12/2/1998 $140,000 0.1 Cape 1,428 0.45 4 2-0
- 11 Jody Lane 2/25/2019 $320,000 0.1 Cape 1,428 0.55 4 2-0
- 1 Green Meadow Drive 5/21/2015 $399,900 0.1 Colonial 2,649 0.48 3 2-1
- 2 West Crossfield Road 5/22/2015 $342,000 0.1 Cape 1,689 0.46 4 2-0
- 16 Jody Lane 4/9/2001 $208,000 0.1 Cape 1,418 0.58 3 2-0
- 138 Snake Pond Road 5/23/1986 $107,000 0.1 Ranch 1,402 0.5 3 1-1
- 9 Jasper Lane 6/14/1993 $1 0.1 Ranch 1,364 0.51 3 2-0
- 5 Belmont Avenue 3/13/2023 $0 0.1 Cape 1,428 0.47 3 2-0
- 13 Jody Lane 4/3/2024 $1 0.1 Cape 2,436 0.55 3 3-1
- 3 Belmont Avenue 6/27/2011 $254,000 0.1 Cape 1,512 0.66 3 2-0
- 8 Linda Lane 3/28/2008 $257,500 0.1 Cape 1,698 0.57 3 2-0
- 4 West Crossfield Road 11/19/2018 $305,000 0.1 Ranch 1,584 0.46 3 2-0
- 9 Linda Lane 3/7/2024 $10 0.1 Cape 1,512 0.55 4 2-0
- 7 Belmont Avenue 1/14/2019 $1 0.1 Cape 1,428 0.45 3 2-0
- 118 Snake Pond Road 9/15/2022 $0 0.1 Cape 1,200 0.45 4 2-0
- 12 Belmont Avenue 7/11/2018 $290,000 0.1 Cape 1,428 0.45 4 2-0
- 7 Jasper Lane 8/4/1992 $94,900 0.1 Gambrel Dch Col 1,550 0.46 3 1-1
- 7 Green Meadow Drive 6/26/1995 $300,000 0.1 0.36 -
- 9 Belmont Avenue 1/9/2024 $600,000 0.1 Cape 1,428 0.45 3 2-1
- 15 Jody Lane 12/29/2017 $235,424 0.1 Cape 1,428 0.55 3 2-0
Averages 5204 days $190,551 0.09 --- 1,414 0.55 --- ---  
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
05-265 1 Nerak Way