1 Spring Ln

Step 1 · Market value

Likely range $724,284 – $1,037,691, from 12 comparable Warren sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

The state's official measure of how far Warren assessments sit below market value — republished every October, applied town-wide. A $830,614 home should be assessed near $838,173.

Step 3 · Assessed value

Set at the last town-wide revaluation and mostly frozen since. That's $182,173 below what the ratio math suggests (21.7%).

Step 4 · The tax rate — same for every Warren home

$1.140 Schools · 65% $0.333 County · 19% $0.279 Town · 16%

This home's own bill implies $1.648 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

This home vs. every recent Warren sale · assessed ÷ market

58%109%

The evidence · comparable sales (SR1A usable-sale records)