151 Riverside Drive, Norwell, MA 02061

151 Riverside Drive Norwell MA 02061
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Owner Information
Owner 1
Michael James Palermo
Owner 2
Kathryn Beaumont Palermo
Owner's Address
151 Riverside Drive Norwell, 02061
Market Sale Information
Most recent sale date
8/10/2022
Previous sale date
11/9/2004
Transfer document #
532-16
Previous transfer document
10416-
Grantor
Gregory A Lally
Previous grantor
Robert W Lally
Most recent sale price
$1,700,000.00
Previous sale price
$625,000.00
Site Information
Property ID
72-53
Lot Size
1.18
Use Code
101 - Residential, single family
Zoning
Building Style
Colonial
Number of Rooms
10
Stories
2
Number of Beds
5
Year Built
1968
Number of full baths
3
Condition
Number of half baths
0
Finished Area
3758
Number of Kitchen
Gross Living Area
7341
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet, Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$258,500.00
Total value
$1,021,100.00
Building value
$754,300.00
Estimated tax
$15,612.00
Yard improvement value
$8,300.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 151 Riverside Drive A) 483 River StreetB) 45 Stetson Shrine LaneC) 555 River Street
Photo
Plan
Map
Proximity 0.60.60.9
Last Sold 7/23/20256/16/202510/14/2025
Price $1,400,000$1,600,000$1,150,000
Net Living Area 2,9673,2353,238
Stories 111
Sale Price/sft $452.37$471.86$494.59$355.16
Style ColonialAntiqueCape CodCape Cod
Age 1968190019801997
Rooms 1086
Bedrooms 5443
Full baths 3322
Half baths 0111
Gross Living Area 7341504860487856
Heating Fuel Electr BasebrdHot WaterForced Air-DucHot Water
Detached Garage
Lot Size 1.181.2521.2
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpWood ShingleAsph/F Gls/Cmp
AEM Value - Building $754,300.00$482,400$611,600$632,900
AEM Value - Land $258,500.00$287,800$308,400$287,400
AEM Value - Other $8,300.00$44,800$13,900$8,400
AEM Value - Total $1,021,100.00$815,000$933,900$928,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 151 Riverside Drive 8/10/2022 $1,700,000 0 Colonial 3,758 1.18 5 3-0 -
  Criteria
A 483 River Street 7/23/2025 $1,400,000 0.6 Antique 2,967 1.25 4 3-1
B 45 Stetson Shrine Lane 6/16/2025 $1,600,000 0.6 Cape Cod 3,235 2 4 2-1
C 555 River Street 10/14/2025 $1,150,000 0.9 Cape Cod 3,238 1.2 3 2-1
Averages 91 days $1,383,333 0.69 --- 3,147 1.48 --- ---  

Estimation of Market Value - $1,617,343

As of today, 11/06/2025, the estimated market value of 151 Riverside Drive, Norwell considering the above 3 comparable properties is $1,617,343.

 

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
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 151 Riverside Drive 8/10/2022 $1,700,000 0 Colonial 3,758 1.18 5 3-0 -
  Criteria
A 157 Riverside Drive 11/8/2019 $100 0.0 Colonial 3,091 1.06 5 3-1
B 0 Riverside Drive 10/31/2007 $283,050 0.0 Vacant Land 1.02 -
C 131 Riverside Drive 10/18/1973 $0 0.1 Cape Cod 3,292 1.01 4 2-2
D 163 Riverside Drive 4/17/2015 $662,500 0.1 Colonial 2,658 1.13 4 2-1
E 121 Riverside Drive 6/23/2022 $1,350,000 0.1 Cape Cod 2,960 1 3 2-1
F 75 Riverside Drive 3/25/2015 $1 0.1 Colonial 6,001 1.1 5 5-2
G 83 Riverside Drive 3/29/2019 $705,000 0.1 Colonial 6,256 1.49 4 3-1
H 160 Riverside Drive 10/10/2018 $100 0.1 Cape Cod 3,152 1.17 3 2-1
I 166 Riverside Drive 7/30/2004 $668,000 0.1 Colonial 2,688 1.17 4 2-1
J 111 Riverside Drive 10/24/2018 $770,000 0.1 Ranch 3,983 1.01 3 3-1
K 154 Riverside Drive 10/6/2009 $585,000 0.1 Cape Cod 2,816 1.17 4 2-1
L 169 Riverside Drive 8/15/2014 $740,000 0.1 Colonial 2,272 1 4 2-1
M 170 Riverside Drive 10/28/2010 $592,500 0.1 Colonial 2,290 1.17 4 4-0
N 69 Riverside Drive 10/30/2014 $660,000 0.1 Colonial 2,854 1.01 3 2-1
O 148 Riverside Drive $877,000 0.1 Colonial 3,416 2.18 4 2-1
P 99 Riverside Drive 1/16/2024 $1,400,000 0.1 Colonial 3,784 1.17 4 3-1
Q 140 Riverside Drive 9/30/2002 $624,900 0.1 Cape Cod 2,645 1.72 3 4-0
R 176 Riverside Drive 8/14/1989 $270,000 0.1 Modern/Contemp 2,100 1.03 3 2-1
S 175 Riverside Drive 6/11/2008 $1 0.1 Cape Cod 2,530 1.18 3 3-0
T 134 Riverside Drive 7/19/2007 $1 0.1 Ranch 1,910 1.97 3 2-1
U 76 Riverside Drive 4/18/2006 $480,000 0.1 Raised Ranch 2,250 1.02 4 2-0
Averages 5705 days $508,007 0.08 --- 2,998 1.23 --- ---  
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
72-053 151 Riverside Drive