32 Independence Lane, Hingham, MA 02043

32 Independence Lane Hingham MA 02043
Owner Information
Owner 1
Carla M Fogaren & Michael
Owner 2
Owner's Address
32 Independence Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
1/24/2022
Previous sale date
06/15/2021
Transfer document #
56353-10
Previous transfer document
55148-269
Grantor
Apf Development Group LLC
Previous grantor
Marcia L Borghesani
Most recent sale price
$1,050,000.00
Previous sale price
$860,000.00
Site Information
Property ID
157-0-118
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Ranch
Number of Rooms
7
Stories
1
Number of Beds
3
Year Built
1963
Number of full baths
1
Condition
Number of half baths
2
Finished Area
1493
Number of Kitchen
Gross Living Area
3140
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
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$480,000.00
Total value
$828,200.00
Building value
$348,200.00
Estimated tax
$8,282.00
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 32 Independence Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $703.28 Style Ranch Age 1963 Rooms 7 Bedrooms 3 Full baths 1 Half baths 2 Gross Living Area 3140 Heating Fuel Hot Water Detached Garage Lot Size 0.46 Roof Cover Asphalt AEM Value - Building $348,200.00 AEM Value - Land $480,000.00 AEM Value - Other $0.00 AEM Value - Total $828,200.00
A) 41 Brewster Road 0.2 4/23/2024 $2,367,000 1,292 1 $1832.04 Split-level 1964 5 3 2 0 3270 Hot Water 0.29 Asphalt $941,200 $462,000 $0 $1,403,200
B) 17 Longmeadow Road 0.7 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
C) 15 Hoover Road 0.7 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
D) 1 Pine Grove Road 0.9 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
E) 10 Pine Grove Road 0.9 11/17/2023 $860,000 1,792 1 $479.91 Ranch 1970 6 3 2 0 4585 Hot Water 0.46 Asphalt $310,800 $480,000 $0 $790,800
F) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 32 Independence Lane 1/24/2022 $1,050,000 0 Ranch 1,493 0.46 3 1-2 -
  Criteria
A 41 Brewster Road 4/23/2024 $2,367,000 0.2 Split-level 1,292 0.29 3 2-0
B 17 Longmeadow Road 2/28/2024 $980,000 0.7 Colonial 1,589 0.48 4 1-1
C 15 Hoover Road 4/25/2024 $1,150,000 0.7 Cape Cod 1,686 0.27 3 2-0
D 1 Pine Grove Road 3/1/2024 $785,000 0.9 Raised Ranch 1,624 0.55 3 2-0
E 10 Pine Grove Road 11/17/2023 $860,000 0.9 Ranch 1,792 0.46 3 2-0
F 85 Whitcomb Avenue 11/9/2023 $997,500 0.9 Ranch 1,471 0.31 3 2-0
Averages 76 days $1,189,917 0.71 --- 1,576 0.39 --- ---  

Estimation of Market Value - $1,112,081

As of today, 04/27/2024, the estimated market value of 32 Independence Lane, Hingham considering the above 6 comparable properties is $1,112,081.

 

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
@ 32 Independence Lane 1/24/2022 $1,050,000 0 Ranch 1,493 0.46 3 1-2 -
  Criteria
A 30 Independence Lane 3/31/2021 $1,355,000 0.0 Colonial 1,766 0.46 4 2-0
B 34 Independence Lane 4/22/2021 $10 0.0 Cape Cod 2,228 0.54 4 2-1
C 36 Independence Lane 8/1/2011 $585,000 0.0 Colonial 1,640 0.46 3 2-1
D 29 Independence Lane 3/18/2016 $550,000 0.0 Cape Cod 1,530 0.43 3 2-0
E 31 Independence Lane 8/1/1989 $238,000 0.0 Colonial 1,706 0.37 3 1-1
F 28 Independence Lane 8/5/2021 $1 0.0 Colonial 1,668 0.58 4 2-1
G 26 Independence Lane 8/15/2007 $815,000 0.1 Colonial 2,412 3.81 4 2-1
H 33 Independence Lane 9/29/2023 $705,000 0.1 Ranch 1,112 0.32 3 1-0
I 38 Independence Lane 10/6/2017 $688,000 0.1 Colonial 1,488 0.46 3 2-0
J 25 Independence Lane 9/15/1973 $47,000 0.1 Colonial 2,230 0.69 4 2-1
K 10 Colonial Road 11/30/2023 $872,000 0.1 Split-level 1,100 0.34 3 1-1
L 14 Brewster Road 7/16/1986 $247,500 0.1 Cape Cod 1,683 0.37 4 2-0
M 2 Pilgrim Road 10/20/2016 $1 0.1 Colonial 1,958 0.29 3 2-0
N 6 Pilgrim Road 6/1/2021 $1 0.1 Colonial 1,762 1.25 3 1-1
O 8 Colonial Road 10/25/2000 $395,000 0.1 Cape Cod 1,926 0.37 3 2-0
P 4 Pilgrim Road 1/27/2022 $1,295,000 0.1 Colonial 2,436 0.29 4 2-1
Q 12 Brewster Road 3/7/1986 $500 0.1 Vacant Land 0.09 -
R 16 Brewster Road 5/31/2006 $550,000 0.1 Colonial 1,590 0.42 3 1-1
S 10 Brewster Road 7/25/1997 $250,000 0.1 Raised Ranch 1,152 0.38 3 1-1
T 4 Colonial Road 3/29/2013 $382,500 0.1 Raised Ranch 1,300 0.81 3 1-1
U 6 Colonial Road 1/14/2003 $1 0.1 Split-level 1,432 0.29 3 1-1
V 11 Colonial Road 6/4/2021 $900,000 0.1 Colonial 1,418 0.29 3 1-1
W 9 Colonial Road 1/5/2021 $100 0.1 Ranch 1,432 0.31 3 2-0
X 22 Independence Lane 10/10/2003 $487,000 0.1 Colonial 1,851 0.56 3 2-1
Y 8 Brewster Road 2/7/2022 $100 0.1 Raised Ranch 1,612 0.45 3 1-1
Z 8 Pilgrim Road 11/4/2020 $900,000 0.1 Colonial 2,376 0.29 4 2-1
- 13 Colonial Road 5/21/2019 $100 0.1 Split-level 1,368 0.29 3 1-1
- 13 Brewster Road 10/4/2005 $759,000 0.1 Cape Cod 1,709 0.31 4 2-0
- 18 Brewster Road 8/1/2022 $1 0.1 Colonial 1,731 0.29 4 1-1
- 15 Brewster Road 1/31/2006 $495,000 0.1 Cape Cod 1,387 0.29 3 2-0
- 42 Liberty Pole Road 4/29/2022 $1,250,000 0.1 Ranch 1,502 0.33 2 1-1
- 18 Colonial Road 10/16/2012 $1 0.1 Colonial 2,101 0.29 3 1-1
- 2 Puritan Road 6/5/1995 $216,000 0.1 Split-level 1,144 0.42 3 2-0
- 15 Colonial Road 1/10/2022 $1 0.1 Ranch 1,408 0.29 3 2-0
- 7 Colonial Road 6/28/2018 $799,000 0.1 Cape Cod 1,570 0.38 3 2-0
- 6 Brewster Road 4/16/2004 $489,000 0.1 Colonial 1,500 0.3 4 1-2
- 11 Brewster Road 3/1/2002 $315,000 0.1 Colonial 2,856 0.34 3 2-1
- 40 Liberty Pole Road 5/6/2022 $1,375,000 0.1 Cape Cod 2,292 0.32 3 2-0
- 7 Pilgrim Road 8/13/2021 $1 0.1 Colonial 1,696 0.29 4 1-1
- 6 Hancock Road 6/14/2018 $1 0.1 Cape Cod 2,078 0.29 3 2-0
- 18 Independence Lane 8/30/2010 $1 0.1 Colonial 1,335 0.38 3 1-1
Averages 4644 days $413,679 0.09 --- 1,670 0.48 --- ---  
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
157-0-118 32 Independence Lane