10 Independence Lane, Hingham, MA 02043

10 Independence Lane Hingham MA 02043
Owner Information
Owner 1
Peter Sorenson & Mollie
Owner 2
Owner's Address
10 Independence Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
8/11/2022
Previous sale date
01/31/2019
Transfer document #
57122-319
Previous transfer document
50774-285
Grantor
Evan Gotlob
Previous grantor
Kevin Daury
Most recent sale price
$1,228,000.00
Previous sale price
$865,000.00
Site Information
Property ID
157-0-10
Lot Size
0.55
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
3
Year Built
1952
Number of full baths
3
Condition
Number of half baths
1
Finished Area
1788
Number of Kitchen
Gross Living Area
2914
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Oil
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2023
Land Value
$492,600.00
Total value
$929,600.00
Building value
$437,000.00
Estimated tax
$9,296.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 10 Independence Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $686.80 Style Colonial Age 1952 Rooms 7 Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area 2914 Heating Fuel Hot Water Detached Garage Lot Size 0.55 Roof Cover Asphalt AEM Value - Building $437,000.00 AEM Value - Land $492,600.00 AEM Value - Other $0.00 AEM Value - Total $929,600.00
A) 15 Hoover Road 0.5 4/25/2024 $1,150,000 1,686 1.75 $682.09 Cape Cod 1957 7 3 2 0 3368 Forced Air-Duc 0.27 Asphalt $329,600 $460,700 $0 $790,300
B) 18 Grenadier Road 0.5 4/11/2024 $1,275,000 2,072 1 $615.35 Raised Ranch 1972 8 3 3 0 4238 Hot Water 0.68 Asphalt $287,800 $509,300 $0 $797,100
C) 53 Old County Road 0.5 1/9/2024 $740,000 1,964 2 $376.78 Colonial 1965 8 4 3 0 3896 Hot Water 0.46 Asphalt $591,500 $480,000 $0 $1,071,500
D) 18 Presidents Road 0.6 11/17/2023 $950,000 1,888 2 $503.18 Colonial 1972 8 4 1 1 3154 Hot Water 0.46 Asphalt $388,100 $480,100 $0 $868,200
E) 35 Winthrop Road 0.6 3/6/2024 $1,250,000 2,088 1 $598.66 Split-level 1962 9 4 2 1 3844 Other 0.59 Asphalt $271,000 $497,200 $0 $768,200
F) 17 Longmeadow Road 0.6 2/28/2024 $980,000 1,589 2 $616.74 Colonial 1967 7 4 1 1 3002 Hot Water 0.48 Asphalt $402,000 $506,500 $0 $908,500
G) 85 Whitcomb Avenue 0.9 11/9/2023 $997,500 1,471 1 $678.11 Ranch 1946 6 3 2 0 3465 Hot Water 0.31 Asphalt $328,200 $441,400 $0 $769,600
H) 1 Pine Grove Road 1.0 3/1/2024 $785,000 1,624 1 $483.37 Raised Ranch 1970 6 3 2 0 3384 Hot Water 0.55 Asphalt $237,800 $491,500 $0 $729,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 10 Independence Lane 8/11/2022 $1,228,000 0 Colonial 1,788 0.55 3 3-1 -
  Criteria
A 15 Hoover Road 4/25/2024 $1,150,000 0.5 Cape Cod 1,686 0.27 3 2-0
B 18 Grenadier Road 4/11/2024 $1,275,000 0.5 Raised Ranch 2,072 0.68 3 3-0
C 53 Old County Road 1/9/2024 $740,000 0.5 Colonial 1,964 0.46 4 3-0
D 18 Presidents Road 11/17/2023 $950,000 0.6 Colonial 1,888 0.46 4 1-1
E 35 Winthrop Road 3/6/2024 $1,250,000 0.6 Split-level 2,088 0.59 4 2-1
F 17 Longmeadow Road 2/28/2024 $980,000 0.6 Colonial 1,589 0.48 4 1-1
G 85 Whitcomb Avenue 11/9/2023 $997,500 0.9 Ranch 1,471 0.31 3 2-0
H 1 Pine Grove Road 3/1/2024 $785,000 1.0 Raised Ranch 1,624 0.55 3 2-0
Averages 79 days $1,015,938 0.65 --- 1,798 0.48 --- ---  

Estimation of Market Value - $1,068,817

As of today, 04/27/2024, the estimated market value of 10 Independence Lane, Hingham considering the above 8 comparable properties is $1,068,817.

 

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
  • 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
@ 10 Independence Lane 8/11/2022 $1,228,000 0 Colonial 1,788 0.55 3 3-1 -
  Criteria
A 8 Independence Lane 7/24/2007 $679,900 0.0 Colonial 1,872 0.68 3 1-1
B 12 Independence Lane 12/30/2021 $1,107,500 0.0 Colonial 2,600 0.65 3 2-1
C 7 Independence Lane 7/31/2017 $535,000 0.0 Cape Cod 1,760 0.44 4 2-0
D 6 Independence Lane 9/4/2014 $699,000 0.0 Colonial 1,987 0.54 4 2-1
E 9 Independence Lane 8/20/2021 $1,350,000 0.0 Ranch 2,302 0.41 3 2-0
F 10 Constitution Road 6/3/2010 $1 0.0 Cape Cod 2,224 0.86 3 2-0
G 14 Independence Lane 4/30/2010 $525,000 0.1 Cape Cod 1,894 0.37 3 1-1
H 1 Constitution Road 11/26/2019 $685,000 0.1 Cape Cod 2,515 0.35 4 2-0
I 12 Constitution Road 5/7/2013 $1 0.1 Colonial 2,277 0.41 3 2-0
J 28 Liberty Pole Road 3/2/2020 $1 0.1 Cape Cod 1,813 0.39 3 2-0
K 24 Liberty Pole Road 5/20/1988 $216,000 0.1 Cape Cod 2,828 0.42 4 1-1
L 13 Constitution Road 1/3/2020 $1 0.1 Ranch 1,762 0.7 3 1-1
M 861 Main Street 7/15/1972 $41,000 0.1 Historical 1,662 0.36 3 1-1
N 13 Independence Lane 9/30/2010 $623,000 0.1 Cape Cod 1,837 0.38 3 2-0
O 18 Liberty Pole Road 8/21/2023 $1,200,000 0.1 Ranch 1,731 0.47 3 1-1
P 16 Independence Lane 6/7/2019 $1 0.1 Cape Cod 1,555 0.41 3 2-0
Q 14 Liberty Pole Road 9/3/2015 $544,000 0.1 Cape Cod 1,978 0.53 3 2-0
R 871 Main Street 11/24/2015 $759,000 0.1 Conventional 2,354 0.81 3 2-1
S 30 Liberty Pole Road 5/6/2011 $803,000 0.1 Cape Cod 2,634 0.39 3 2-2
T 16 Constitution Road 5/31/2006 $750,000 0.1 Cape Cod 2,975 0.42 4 3-1
U 875 Main Street 1/24/1995 $15,000 0.1 Vacant Land 3.51 -
V 17 Constitution Road 10/28/2016 $630,000 0.1 Cape Cod 2,080 0.46 3 2-0
W 25 Liberty Pole Road 8/24/1984 $127,000 0.1 Ranch 2,160 0.53 3 1-1
X 17 Independence Lane 6/26/2019 $585,000 0.1 Colonial 1,332 0.33 3 1-1
Y 27 Liberty Pole Road 8/29/2011 $645,000 0.1 Cape Cod 2,970 0.42 3 3-1
Z 18 Independence Lane 8/30/2010 $1 0.1 Colonial 1,335 0.38 3 1-1
- 34 Liberty Pole Road 3/31/2016 $100 0.1 Ranch 1,828 0.36 2 2-0
- 23 Liberty Pole Road 7/21/2006 $735,000 0.1 Cape Cod 3,075 0.82 4 2-1
- 29 Liberty Pole Road 4/24/2003 $411,000 0.1 Split-level 1,492 0.45 3 1-1
- 883 Main Street 8/26/2013 $1 0.1 Colonial 3,539 2.63 4 3-0
- 17 Liberty Pole Road 12/11/2009 $421,000 0.1 Cape Cod 1,669 0.65 4 2-0
- 15 Liberty Pole Road 7/24/2013 $595,000 0.1 Cape Cod 1,476 0.53 3 1-1
- 9 Liberty Pole Road 9/26/2005 $678,500 0.1 Colonial 3,172 0.61 4 3-0
- 0 Main Street $1 0.1 Fire Station 3,878 0.85 0 0-
- 19 Independence Lane 1/11/2017 $1 0.1 Cape Cod 1,579 0.47 3 1-1
- 22 Independence Lane 10/10/2003 $487,000 0.1 Colonial 1,851 0.56 3 2-1
Averages 5025 days $440,195 0.08 --- 2,111 0.65 --- ---  
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
157-0-10 10 Independence Lane