NOT LISTED FOR SALE

85 Riverside Dr Norwell, MA 02061

Estimated Value: $555,000 - $616,000

1 Acre
$583,007 Price per Acre
43,560 Sq Ft Lot

Last Sold January 22, 2024

Last sale price $500,000

Est. 17% increase in value since last sale

Current estimated payment $3,696/month

40 Days on Market

Highlights

  • Wooded Lot
  • William Gould Vinal Rated A-
  • No HOA

About This Lot

As of January 2024

This is a unique opportunity to build your own custom home on a 1.0 acre lot in one of the most coveted neighborhoods in Norwell. Norwell has a charming town center with shops and restaurants, a top-rated school district, numerous nature trails, close proximity to beaches as well as a large shopping center and is very convenient for commuters, both route 3 & Greenbush commuter rail. Why buy someone else's design when you can build your own vision.

Last Agent to Sell the Property

DANIEL DEMERS

Sell Your Home Services Listed on: 08/25/2023

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,469

Lot Details

  • 1 Acre Lot
  • Sloped Lot
  • Wooded Lot
  • Property is zoned R1

Community Details

Overview

  • No Home Owners Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$5,469

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: $5000
  • Buyer Agency Type: $
  • Transaction Broker: $1
  • Transaction Broker Type: $
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: AC1388
  • MAIN SO: H11111

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: On-Site
  • Gas: At Street
  • Electric: At Street
  • Water Source: At Street

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped, Wooded
  • Lot Size Acres: 1
  • Lot Size Area: 1
  • Lot Size Sq Ft: 43621
  • Lot Size Units: Acres
  • PAGE: 80
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5469
  • Tax Book Number: 641

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Feb 20, 2024
Sold by
Marie A Tedeschi Ret and Tedeschi
Bought by
Tedeschi Richard R and Tedeschi Kara M
Seller's Agent
DANIEL DEMERS
Sell Your Home Services
Buyer's Agent
Non Member
Non Member Office
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%
Views
15
Current Estimated Value
$583,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,007
Avg. Annual Appreciation
13.95%
Original Mortgage
$300,000
Interest Rate
7.03%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tedeschi Richard R -- None Available
Tedeschi Richard R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirwin Christopher $1,200,000
Closed Kirwin Christopher $1,200,000
Closed Riverside Dev & Bldrs Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $500,000 -8.9% --
10/05/2023 10/05/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $549,000 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,312 $482,900 $482,900 $0
2024 $6,500 $482,900 $482,900 $0
2023 $5,469 $357,700 $357,700 $0
2022 $5,945 $357,700 $357,700 $0
2021 $6,059 $357,700 $357,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73152722

MLS Property Information Network (MLS PIN)

APN: NORW M:72 L:123