12 Independence Lane, Hingham, MA 02043

12 Independence Lane Hingham MA 02043
Owner Information
Owner 1
Nicholas Harvey & Meghan
Owner 2
Owner's Address
12 Independence Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
12/30/2021
Previous sale date
05/24/2021
Transfer document #
56252-310
Previous transfer document
55026-344
Grantor
Kosta Laci
Previous grantor
Kosta Laci
Most recent sale price
$1,107,500.00
Previous sale price
$1.00
Site Information
Property ID
157-0-11
Lot Size
0.65
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
3
Year Built
1947
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2600
Number of Kitchen
Gross Living Area
3303
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Typical
Floor type
Average
Solar Hot Water
No
Roof Structure
Gable
Heating type
Gas
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$505,900.00
Total value
$962,700.00
Building value
$456,800.00
Estimated tax
$9,627.00
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 12 Independence Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $425.96 Style Colonial Age 1947 Rooms 8 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 3303 Heating Fuel Hot Water Detached Garage Lot Size 0.65 Roof Cover Asphalt AEM Value - Building $456,800.00 AEM Value - Land $505,900.00 AEM Value - Other $0.00 AEM Value - Total $962,700.00
A) 2 Cutter Hill Road 0.4 10/30/2023 $1,650,000 2,328 2 $708.76 Colonial 1992 8 4 2 1 5148 Hot Water 0.78 Asphalt $757,600 $622,800 $0 $1,380,400
B) 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
C) 11 South Pleasant Street 0.5 12/15/2023 $1,560,000 2,895 2 $538.86 Colonial 1993 9 3 2 1 5086 Hot Water 0.92 Wood Shingle $634,200 $638,400 $0 $1,272,600
D) 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
E) 982 Main Street 0.5 1/30/2024 $1,380,000 2,637 1.75 $523.32 Historical 1885 10 4 3 0 5121 Forced Air-Duc 0.46 Asphalt $480,800 $480,500 $0 $961,300
F) 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
G) 61 Gardner Street 0.7 11/21/2023 $720,000 2,437 1.75 $295.45 Cape Cod 1940 8 3 3 0 4531 Hot Water 1.79 Asphalt $444,100 $469,200 $0 $913,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 12 Independence Lane 12/30/2021 $1,107,500 0 Colonial 2,600 0.65 3 2-1 -
  Criteria
A 2 Cutter Hill Road 10/30/2023 $1,650,000 0.4 Colonial 2,328 0.78 4 2-1
B 53 Old County Road 1/9/2024 $740,000 0.5 Colonial 1,964 0.46 4 3-0
C 11 South Pleasant Street 12/15/2023 $1,560,000 0.5 Colonial 2,895 0.92 3 2-1
D 18 Grenadier Road 4/11/2024 $1,275,000 0.5 Raised Ranch 2,072 0.68 3 3-0
E 982 Main Street 1/30/2024 $1,380,000 0.5 Historical 2,637 0.46 4 3-0
F 35 Winthrop Road 3/6/2024 $1,250,000 0.6 Split-level 2,088 0.59 4 2-1
G 61 Gardner Street 11/21/2023 $720,000 0.7 Cape Cod 2,437 1.79 3 3-0
Averages 107 days $1,225,000 0.53 --- 2,346 0.81 --- ---  

Estimation of Market Value - $1,254,979

As of today, 04/28/2024, the estimated market value of 12 Independence Lane, Hingham considering the above 7 comparable properties is $1,254,979.

 

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
@ 12 Independence Lane 12/30/2021 $1,107,500 0 Colonial 2,600 0.65 3 2-1 -
  Criteria
A 10 Independence Lane 8/11/2022 $1,228,000 0.0 Colonial 1,788 0.55 3 3-1
B 14 Independence Lane 4/30/2010 $525,000 0.0 Cape Cod 1,894 0.37 3 1-1
C 13 Constitution Road 1/3/2020 $1 0.0 Ranch 1,762 0.7 3 1-1
D 9 Independence Lane 8/20/2021 $1,350,000 0.0 Ranch 2,302 0.41 3 2-0
E 12 Constitution Road 5/7/2013 $1 0.0 Colonial 2,277 0.41 3 2-0
F 7 Independence Lane 7/31/2017 $535,000 0.0 Cape Cod 1,760 0.44 4 2-0
G 10 Constitution Road 6/3/2010 $1 0.0 Cape Cod 2,224 0.86 3 2-0
H 8 Independence Lane 7/24/2007 $679,900 0.1 Colonial 1,872 0.68 3 1-1
I 16 Independence Lane 6/7/2019 $1 0.1 Cape Cod 1,555 0.41 3 2-0
J 13 Independence Lane 9/30/2010 $623,000 0.1 Cape Cod 1,837 0.38 3 2-0
K 16 Constitution Road 5/31/2006 $750,000 0.1 Cape Cod 2,975 0.42 4 3-1
L 28 Liberty Pole Road 3/2/2020 $1 0.1 Cape Cod 1,813 0.39 3 2-0
M 875 Main Street 1/24/1995 $15,000 0.1 Vacant Land 3.51 -
N 17 Constitution Road 10/28/2016 $630,000 0.1 Cape Cod 2,080 0.46 3 2-0
O 30 Liberty Pole Road 5/6/2011 $803,000 0.1 Cape Cod 2,634 0.39 3 2-2
P 6 Independence Lane 9/4/2014 $699,000 0.1 Colonial 1,987 0.54 4 2-1
Q 24 Liberty Pole Road 5/20/1988 $216,000 0.1 Cape Cod 2,828 0.42 4 1-1
R 18 Independence Lane 8/30/2010 $1 0.1 Colonial 1,335 0.38 3 1-1
S 1 Constitution Road 11/26/2019 $685,000 0.1 Cape Cod 2,515 0.35 4 2-0
T 17 Independence Lane 6/26/2019 $585,000 0.1 Colonial 1,332 0.33 3 1-1
U 871 Main Street 11/24/2015 $759,000 0.1 Conventional 2,354 0.81 3 2-1
V 861 Main Street 7/15/1972 $41,000 0.1 Historical 1,662 0.36 3 1-1
W 34 Liberty Pole Road 3/31/2016 $100 0.1 Ranch 1,828 0.36 2 2-0
X 18 Liberty Pole Road 8/21/2023 $1,200,000 0.1 Ranch 1,731 0.47 3 1-1
Y 25 Liberty Pole Road 8/24/1984 $127,000 0.1 Ranch 2,160 0.53 3 1-1
Z 883 Main Street 8/26/2013 $1 0.1 Colonial 3,539 2.63 4 3-0
- 27 Liberty Pole Road 8/29/2011 $645,000 0.1 Cape Cod 2,970 0.42 3 3-1
- 14 Liberty Pole Road 9/3/2015 $544,000 0.1 Cape Cod 1,978 0.53 3 2-0
- 22 Independence Lane 10/10/2003 $487,000 0.1 Colonial 1,851 0.56 3 2-1
- 19 Independence Lane 1/11/2017 $1 0.1 Cape Cod 1,579 0.47 3 1-1
- 29 Liberty Pole Road 4/24/2003 $411,000 0.1 Split-level 1,492 0.45 3 1-1
- 36 Liberty Pole Road 5/10/2019 $820,000 0.1 Cape Cod 2,575 0.4 4 2-1
- 23 Liberty Pole Road 7/21/2006 $735,000 0.1 Cape Cod 3,075 0.82 4 2-1
Averages 4894 days $457,364 0.07 --- 2,047 0.64 --- ---  
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
157-0-11 12 Independence Lane