25 Independence Lane, Hingham, MA 02043

25 Independence Lane Hingham MA 02043
Owner Information
Owner 1
William G Condon & Gretchen O
Owner 2
Owner's Address
25 Independence Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
9/15/1973
Previous sale date
Transfer document #
3935-0293
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$47,000.00
Previous sale price
N/A
Site Information
Property ID
157-0-2
Lot Size
0.69
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1965
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2230
Number of Kitchen
Gross Living Area
3730
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
$510,700.00
Total value
$987,300.00
Building value
$476,600.00
Estimated tax
$9,873.00
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 25 Independence Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $21.08 Style Colonial Age 1965 Rooms 8 Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 3730 Heating Fuel Hot Water Detached Garage Lot Size 0.69 Roof Cover Asphalt AEM Value - Building $476,600.00 AEM Value - Land $510,700.00 AEM Value - Other $0.00 AEM Value - Total $987,300.00
A) 53 Old County Road 0.4 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
B) 35 Winthrop Road 0.4 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
C) 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
D) 2 Cutter Hill Road 0.5 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
E) 18 Presidents Road 0.5 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
F) 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
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
H) 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
I) 10 Pine Grove Road 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 25 Independence Lane 9/15/1973 $47,000 0 Colonial 2,230 0.69 4 2-1 -
  Criteria
A 53 Old County Road 1/9/2024 $740,000 0.4 Colonial 1,964 0.46 4 3-0
B 35 Winthrop Road 3/6/2024 $1,250,000 0.4 Split-level 2,088 0.59 4 2-1
C 18 Grenadier Road 4/11/2024 $1,275,000 0.5 Raised Ranch 2,072 0.68 3 3-0
D 2 Cutter Hill Road 10/30/2023 $1,650,000 0.5 Colonial 2,328 0.78 4 2-1
E 18 Presidents Road 11/17/2023 $950,000 0.5 Colonial 1,888 0.46 4 1-1
F 982 Main Street 1/30/2024 $1,380,000 0.5 Historical 2,637 0.46 4 3-0
G 61 Gardner Street 11/21/2023 $720,000 0.7 Cape Cod 2,437 1.79 3 3-0
H 15 Hoover Road 4/25/2024 $1,150,000 0.7 Cape Cod 1,686 0.27 3 2-0
I 10 Pine Grove Road 11/17/2023 $860,000 1.0 Ranch 1,792 0.46 3 2-0
Averages 104 days $1,108,333 0.57 --- 2,099 0.66 --- ---  

Estimation of Market Value - $1,179,070

As of today, 04/27/2024, the estimated market value of 25 Independence Lane, Hingham considering the above 9 comparable properties is $1,179,070.

 

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
@ 25 Independence Lane 9/15/1973 $47,000 0 Colonial 2,230 0.69 4 2-1 -
  Criteria
A 29 Independence Lane 3/18/2016 $550,000 0.0 Cape Cod 1,530 0.43 3 2-0
B 4 Colonial Road 3/29/2013 $382,500 0.0 Raised Ranch 1,300 0.81 3 1-1
C 31 Independence Lane 8/1/1989 $238,000 0.0 Colonial 1,706 0.37 3 1-1
D 8 Colonial Road 10/25/2000 $395,000 0.0 Cape Cod 1,926 0.37 3 2-0
E 6 Colonial Road 1/14/2003 $1 0.0 Split-level 1,432 0.29 3 1-1
F 33 Independence Lane 9/29/2023 $705,000 0.0 Ranch 1,112 0.32 3 1-0
G 42 Liberty Pole Road 4/29/2022 $1,250,000 0.0 Ranch 1,502 0.33 2 1-1
H 28 Independence Lane 8/5/2021 $1 0.1 Colonial 1,668 0.58 4 2-1
I 22 Independence Lane 10/10/2003 $487,000 0.1 Colonial 1,851 0.56 3 2-1
J 40 Liberty Pole Road 5/6/2022 $1,375,000 0.1 Cape Cod 2,292 0.32 3 2-0
K 10 Colonial Road 11/30/2023 $872,000 0.1 Split-level 1,100 0.34 3 1-1
L 30 Independence Lane 3/31/2021 $1,355,000 0.1 Colonial 1,766 0.46 4 2-0
M 19 Independence Lane 1/11/2017 $1 0.1 Cape Cod 1,579 0.47 3 1-1
N 32 Independence Lane 1/24/2022 $1,050,000 0.1 Ranch 1,493 0.46 3 1-2
O 26 Independence Lane 8/15/2007 $815,000 0.1 Colonial 2,412 3.81 4 2-1
P 38 Liberty Pole Road 6/9/2000 $350,000 0.1 Cape Cod 1,548 0.37 3 1-1
Q 9 Colonial Road 1/5/2021 $100 0.1 Ranch 1,432 0.31 3 2-0
R 7 Colonial Road 6/28/2018 $799,000 0.1 Cape Cod 1,570 0.38 3 2-0
S 34 Independence Lane 4/22/2021 $10 0.1 Cape Cod 2,228 0.54 4 2-1
T 18 Independence Lane 8/30/2010 $1 0.1 Colonial 1,335 0.38 3 1-1
U 41 Liberty Pole Road 12/4/2017 $550,000 0.1 Ranch 1,720 0.37 3 1-0
V 36 Independence Lane 8/1/2011 $585,000 0.1 Colonial 1,640 0.46 3 2-1
W 11 Colonial Road 6/4/2021 $900,000 0.1 Colonial 1,418 0.29 3 1-1
X 36 Liberty Pole Road 5/10/2019 $820,000 0.1 Cape Cod 2,575 0.4 4 2-1
Y 44 Liberty Pole Road 3/23/2018 $480,000 0.1 Ranch 705 0.39 2 2-0
Z 38 Independence Lane 10/6/2017 $688,000 0.1 Colonial 1,488 0.46 3 2-0
- 17 Independence Lane 6/26/2019 $585,000 0.1 Colonial 1,332 0.33 3 1-1
- 2 Pilgrim Road 10/20/2016 $1 0.1 Colonial 1,958 0.29 3 2-0
- 6 Hancock Road 6/14/2018 $1 0.1 Cape Cod 2,078 0.29 3 2-0
- 37 Liberty Pole Road 12/31/2021 $1 0.1 Colonial 1,698 0.45 3 1-1
- 13 Colonial Road 5/21/2019 $100 0.1 Split-level 1,368 0.29 3 1-1
- 34 Liberty Pole Road 3/31/2016 $100 0.1 Ranch 1,828 0.36 2 2-0
- 46 Liberty Pole Road 8/22/2012 $1 0.1 Colonial 1,998 0.31 4 2-0
- 16 Independence Lane 6/7/2019 $1 0.1 Cape Cod 1,555 0.41 3 2-0
- 35 Liberty Pole Road 4/7/2022 $1,610,000 0.1 Contemporary 2,732 0.41 4 3-1
- 4 Pilgrim Road 1/27/2022 $1,295,000 0.1 Colonial 2,436 0.29 4 2-1
- 1 Patriots Way 5/26/2000 $417,000 0.1 Colonial 1,771 0.29 4 1-1
- 13 Independence Lane 9/30/2010 $623,000 0.1 Cape Cod 1,837 0.38 3 2-0
- 8 Hancock Road 6/10/2020 $100 0.1 Ranch 1,193 0.39 3 1-0
- 15 Colonial Road 1/10/2022 $1 0.1 Ranch 1,408 0.29 3 2-0
- 50 Liberty Pole Road 8/5/2021 $1,350,000 0.1 Colonial 2,760 0.31 4 2-1
- 47 Liberty Pole Road 3/15/2021 $1 0.1 Cape Cod 1,739 0.32 3 2-0
- 51 Liberty Pole Road 3/6/2006 $1 0.1 Ranch 1,544 0.6 3 2-0
- 30 Liberty Pole Road 5/6/2011 $803,000 0.1 Cape Cod 2,634 0.39 3 2-2
- 6 Pilgrim Road 6/1/2021 $1 0.1 Colonial 1,762 1.25 3 1-1
Averages 3114 days $473,998 0.08 --- 1,732 0.49 --- ---  
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
157-0-2 25 Independence Lane