40 Village Lane, Hanover, MA 02339

40 Village Lane Hanover MA 02339
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Owner Information
Owner 1
Timothy J. Dowling & Audra L
Owner 2
Owner's Address
40 Village Lane Hanover, MA 02339
Market Sale Information
Most recent sale date
6/21/2019
Previous sale date
08/28/2007
Transfer document #
LLC-C128687
Previous transfer document
C111003-0000
Grantor
Stephen H Scott
Previous grantor
Meredith Conrad
Most recent sale price
$896,500.00
Previous sale price
$895,000.00
Site Information
Property ID
25-26
Lot Size
0.71
Use Code
101 - Residential, single family
Zoning
Building Style
Colonial
Number of Rooms
13
Stories
2
Number of Beds
5
Year Built
1995
Number of full baths
3
Condition
Number of half baths
1
Finished Area
4600
Number of Kitchen
Gross Living Area
8978
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Hardwood, Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Water
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$306,600.00
Total value
$1,250,100.00
Building value
$943,500.00
Estimated tax
$16,863.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
201420152016201720182019202020212022$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
51 Gardner Way40 Village Lane$1,100,000$1,120,000$1,140,000$1,160,000$1,180,000$1,200,000$1,220,000$1,240,000$1,260,000Subject PropertyTotal Assessment ($)Total Assessment
Address 40 Village Lane A) 51 Gardner Way
Photo
Plan
Map
Proximity 1.0
Last Sold 7/15/2025
Price $1,800,000
Net Living Area 4,201
Stories 2
Sale Price/sft $194.89$428.47
Style ColonialColonial
Age 19952001
Rooms 138
Bedrooms 54
Full baths 33
Half baths 11
Gross Living Area 89788410
Heating Fuel GasGas
Detached Garage
Lot Size 0.712.16
Roof Cover Asph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $943,500.00$831,000
AEM Value - Land $306,600.00$319,700
AEM Value - Other $0.00$0
AEM Value - Total $1,250,100.00$1,150,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Village Lane 6/21/2019 $896,500 0 Colonial 4,600 0.71 5 3-1 -
  Criteria
A 51 Gardner Way 7/15/2025 $1,800,000 1.0 Colonial 4,201 2.16 4 3-1
Averages 42 days $1,800,000 0.96 --- 4,201 2.16 --- ---  

Estimation of Market Value - $1,963,224

As of today, 08/26/2025, the estimated market value of 40 Village Lane, Hanover considering the above 1 comparable properties is $1,963,224.

 

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 Property229 Old Schoolhouse Lane24 Village Lane35 Village Lane27 Village Lane8 Village Lane183 Old Schoolhouse Lane47 Village Lane188 Old Schoolhouse Lane217 Old Schoolhouse Lane202 Old Schoolhouse Lane17 Village Lane50 Village Lane237 Old Schoolhouse Lane40 Village Lane59 Village Lane195 Old Schoolhouse Lane56 Village Lane59 Anderson Farm Lane$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000$2,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Village Lane 6/21/2019 $896,500 0 Colonial 4,600 0.71 5 3-1 -
  Criteria
A 24 Village Lane 7/18/2025 $1,400,000 0.0 Colonial 3,085 0.7 5 2-1
B 50 Village Lane 10/22/2021 $1,200,000 0.0 Colonial 4,317 1.11 5 4-1
C 8 Village Lane 7/17/2017 $100 0.0 Colonial 3,402 0.77 4 2-1
D 59 Village Lane 12/18/2019 $1,097,500 0.0 Colonial 5,109 1.08 5 4-1
E 217 Old Schoolhouse Lane 6/16/2021 $1,200,000 0.1 Colonial 4,104 0.9 4 3-1
F 35 Village Lane 10/21/2022 $1,300,000 0.1 Colonial 3,428 0.85 4 2-1
G 47 Village Lane 4/23/1997 $1 0.1 Colonial 3,572 1.35 3 3-0
H 27 Village Lane 6/24/2010 $799,000 0.1 Colonial 3,500 0.8 4 2-1
I 17 Village Lane 9/5/2013 $780,000 0.1 Colonial 4,551 0.79 6 4-1
J 56 Village Lane 6/30/2020 $1,075,000 0.1 Colonial 4,854 1.04 4 5-0
K 229 Old Schoolhouse Lane 10/23/2017 $862,500 0.1 Modern/Contemp 3,726 0.81 4 2-1
L 195 Old Schoolhouse Lane 8/31/2020 $1,157,060 0.1 Colonial 4,871 0.91 4 3-1
M 202 Old Schoolhouse Lane 4/25/2018 $10 0.1 Colonial 3,353 0.98 4 3-0
N 237 Old Schoolhouse Lane 6/1/2006 $985,000 0.1 Colonial 3,884 1.31 4 2-1
O 183 Old Schoolhouse Lane 5/4/2012 $820,000 0.1 Colonial 3,620 0.86 4 4-0
P 59 Anderson Farm Lane 5/22/2025 $1,999,000 0.1 Colonial 5,993 2.76 4 4-1
Q 188 Old Schoolhouse Lane 7/12/2012 $800,000 0.1 Colonial 3,850 1.06 5 2-1
Averages 3256 days $910,304 0.07 --- 4,072 1.06 --- ---  
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
25-26 40 Village Lane