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61 Prospect Street

61 Prospect Street, Norwell, MA 02061
Property in Norwell
Sold Sep 01, 2022
$815,000
$652,000 by Camden National Bank
Mortgage Due Sep 01, 2052
Sold Apr 01, 2021
$610,000
$488,000 by Leader Bank Na
Mortgage
Local assessors in Norwell, MA have categorized 61 Prospect Street as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 38,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a historical style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 61 Prospect Street has a total of 2,322 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with oil. The property was last sold in Sep 1, 2022 for $815,000. That's $350.99 per sqft. Prior to that sales transaction, the property was also sold in Apr 1, 2021 for $610,000. 61 Prospect Street was last assessed in 2024. The total value of the property was assessed at $684,200. Specifically, the land the property is located on was valued at $361,900. While improvements on the property were assessed at a total of $322,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,209. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Historical
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 38,000
  • Total Building Area: 2,322
  • Gross Building Area: 3,716
  • Building Area: 2,322
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,322
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.872
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHAO KEVIN
  • Current Owner 2: CHAO ELISABETH A
  • Previous Owner : QUINLAN RYAN
  • Previous Owner 2: QUINLAN KARLA
  • Owner Before Previous Owner: PALMARIELLO ANTHONY D
  • Owner Before Previous Owner 2: PALMARIELLO DANIELLE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Norwell School District
  • School Tax School District: NORWELL SD
  • Census Tract: 504101

Geography

  • Account Number: 13C
  • District: 219
  • Parcel: NORW M:29 L:14
  • Lot: 14
  • Municipality: NORWELL
  • Latitude: 42.1619
  • Longitude: -70.838

    Address

  • Full Address: 61 Prospect St
  • Address - House Number: 61
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Norwell
  • Carrier Code: R008
  • 4-Digit Zip Code: 1140
  • Zip Code: 02061

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $9,209

    Appraisal Valuation

  • Standard Deviation: 0.2296
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 933,533
  • High Value: 1,147,948
  • Low Value: 719,118

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $652,000
  • First Open Lien Mortgage Lender: CAMDEN NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Sep 01, 2022
  • First Open Lien Mortgage Loan Amount: $652,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $684,200
  • Assessed Land Value: $361,900
  • Assessed Improvements Value: $322,300

    Sales

  • Current Sale Contract Date: Sep 01, 2022
  • Current Sale Recording Date: Sep 01, 2022
  • Current Sale Transaction ID: 11895690268
  • Current Sale Price: $815,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 72659
  • Previous Sale Recording Date: Apr 01, 2021
  • Previous Sale Contract Date: Apr 01, 2021
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: CAMDEN NATIONAL BANK
  • First Mortgage Transaction Date: Sep 01, 2022
  • First Mortgage Loan Amount: $652,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: LEADER BANK NA
  • Previous Mortgage Transaction Date: Apr 01, 2021
  • Previous Mortgage Loan Amount: $488,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Plymouth



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Frequently Asked Questions

What neighborhood is 61 Prospect Street located in?
The 61 Prospect Street is a located in the neighborhood of Norwell in Plymouth, Norwell.
What is the average sales price for listings in 61 Prospect Street?
The average sales price for units in 61 Prospect Street is $0 currently.

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