17 Independence Lane, Hingham, MA 02043

17 Independence Lane Hingham MA 02043
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Owner Information
Owner 1
Galen Farrar & Alisha
Owner 2
Owner's Address
17 Independence Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
6/26/2019
Previous sale date
09/03/2013
Transfer document #
51289-57
Previous transfer document
43566-0271
Grantor
Douglas A Thomson
Previous grantor
Katharine W Thomson
Most recent sale price
$585,000.00
Previous sale price
$1.00
Site Information
Property ID
157-0-25
Lot Size
0.33
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
6
Stories
2
Number of Beds
3
Year Built
1948
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1332
Number of Kitchen
Gross Living Area
2572
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Hip
Heating type
Oil
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$466,100.00
Total value
$744,100.00
Building value
$278,000.00
Estimated tax
$7,441.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 17 Independence Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $439.19 Style Colonial Age 1948 Rooms 6 Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 2572 Heating Fuel Hot Water Detached Garage Lot Size 0.33 Roof Cover Asphalt AEM Value - Building $278,000.00 AEM Value - Land $466,100.00 AEM Value - Other $0.00 AEM Value - Total $744,100.00
A) 10 Colonial Road 0.1 11/30/2023 $872,000 1,100 1 $792.73 Split-level 1956 5 3 1 1 2416 Hot Water 0.34 Asphalt $208,400 $467,300 $0 $675,700
B) 41 Brewster Road 0.4 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
C) 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
D) 85 Whitcomb Avenue 0.8 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
E) 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
@ 17 Independence Lane 6/26/2019 $585,000 0 Colonial 1,332 0.33 3 1-1 -
  Criteria
A 10 Colonial Road 11/30/2023 $872,000 0.1 Split-level 1,100 0.34 3 1-1
B 41 Brewster Road 4/23/2024 $2,367,000 0.4 Split-level 1,292 0.29 3 2-0
C 17 Longmeadow Road 2/28/2024 $980,000 0.7 Colonial 1,589 0.48 4 1-1
D 85 Whitcomb Avenue 11/9/2023 $997,500 0.8 Ranch 1,471 0.31 3 2-0
E 1 Pine Grove Road 3/1/2024 $785,000 1.0 Raised Ranch 1,624 0.55 3 2-0
Averages 89 days $1,200,300 0.60 --- 1,415 0.39 --- ---  

Estimation of Market Value - $1,062,573

As of today, 04/28/2024, the estimated market value of 17 Independence Lane, Hingham considering the above 5 comparable properties is $1,062,573.

 

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
Mailing Labels
  • 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
@ 17 Independence Lane 6/26/2019 $585,000 0 Colonial 1,332 0.33 3 1-1 -
  Criteria
A 34 Liberty Pole Road 3/31/2016 $100 0.0 Ranch 1,828 0.36 2 2-0
B 13 Independence Lane 9/30/2010 $623,000 0.0 Cape Cod 1,837 0.38 3 2-0
C 19 Independence Lane 1/11/2017 $1 0.0 Cape Cod 1,579 0.47 3 1-1
D 18 Independence Lane 8/30/2010 $1 0.0 Colonial 1,335 0.38 3 1-1
E 36 Liberty Pole Road 5/10/2019 $820,000 0.0 Cape Cod 2,575 0.4 4 2-1
F 30 Liberty Pole Road 5/6/2011 $803,000 0.0 Cape Cod 2,634 0.39 3 2-2
G 16 Independence Lane 6/7/2019 $1 0.0 Cape Cod 1,555 0.41 3 2-0
H 22 Independence Lane 10/10/2003 $487,000 0.0 Colonial 1,851 0.56 3 2-1
I 38 Liberty Pole Road 6/9/2000 $350,000 0.1 Cape Cod 1,548 0.37 3 1-1
J 9 Independence Lane 8/20/2021 $1,350,000 0.1 Ranch 2,302 0.41 3 2-0
K 14 Independence Lane 4/30/2010 $525,000 0.1 Cape Cod 1,894 0.37 3 1-1
L 4 Colonial Road 3/29/2013 $382,500 0.1 Raised Ranch 1,300 0.81 3 1-1
M 40 Liberty Pole Road 5/6/2022 $1,375,000 0.1 Cape Cod 2,292 0.32 3 2-0
N 29 Liberty Pole Road 4/24/2003 $411,000 0.1 Split-level 1,492 0.45 3 1-1
O 28 Liberty Pole Road 3/2/2020 $1 0.1 Cape Cod 1,813 0.39 3 2-0
P 27 Liberty Pole Road 8/29/2011 $645,000 0.1 Cape Cod 2,970 0.42 3 3-1
Q 13 Constitution Road 1/3/2020 $1 0.1 Ranch 1,762 0.7 3 1-1
R 35 Liberty Pole Road 4/7/2022 $1,610,000 0.1 Contemporary 2,732 0.41 4 3-1
S 7 Independence Lane 7/31/2017 $535,000 0.1 Cape Cod 1,760 0.44 4 2-0
T 33 Liberty Pole Road 4/1/2019 $10 0.1 Colonial 1,965 1.03 3 3-1
U 42 Liberty Pole Road 4/29/2022 $1,250,000 0.1 Ranch 1,502 0.33 2 1-1
V 25 Liberty Pole Road 8/24/1984 $127,000 0.1 Ranch 2,160 0.53 3 1-1
W 31 Liberty Pole Road 2/19/2020 $336,063 0.1 Ranch 1,743 0.98 3 2-0
X 12 Independence Lane 12/30/2021 $1,107,500 0.1 Colonial 2,600 0.65 3 2-1
Y 37 Liberty Pole Road 12/31/2021 $1 0.1 Colonial 1,698 0.45 3 1-1
Z 25 Independence Lane 9/15/1973 $47,000 0.1 Colonial 2,230 0.69 4 2-1
- 41 Liberty Pole Road 12/4/2017 $550,000 0.1 Ranch 1,720 0.37 3 1-0
- 24 Liberty Pole Road 5/20/1988 $216,000 0.1 Cape Cod 2,828 0.42 4 1-1
- 10 Independence Lane 8/11/2022 $1,228,000 0.1 Colonial 1,788 0.55 3 3-1
- 6 Colonial Road 1/14/2003 $1 0.1 Split-level 1,432 0.29 3 1-1
- 17 Constitution Road 10/28/2016 $630,000 0.1 Cape Cod 2,080 0.46 3 2-0
- 28 Independence Lane 8/5/2021 $1 0.1 Colonial 1,668 0.58 4 2-1
- 0-R Liberty Pole Road 1/15/1962 $1 0.1 Vacant Land 0.8 -
- 29 Independence Lane 3/18/2016 $550,000 0.1 Cape Cod 1,530 0.43 3 2-0
- 23 Liberty Pole Road 7/21/2006 $735,000 0.1 Cape Cod 3,075 0.82 4 2-1
- 8 Colonial Road 10/25/2000 $395,000 0.1 Cape Cod 1,926 0.37 3 2-0
- 51 Liberty Pole Road 3/6/2006 $1 0.1 Ranch 1,544 0.6 3 2-0
- 875 Main Street 1/24/1995 $15,000 0.1 Vacant Land 3.51 -
- 26 Independence Lane 8/15/2007 $815,000 0.1 Colonial 2,412 3.81 4 2-1
- 55 Liberty Pole Road 11/25/2009 $1 0.1 Cape Cod 3,071 1.24 4 3-0
- 12 Constitution Road 5/7/2013 $1 0.1 Colonial 2,277 0.41 3 2-0
- 8 Independence Lane 7/24/2007 $679,900 0.1 Colonial 1,872 0.68 3 1-1
- 16 Constitution Road 5/31/2006 $750,000 0.1 Cape Cod 2,975 0.42 4 3-1
- 6 Independence Lane 9/4/2014 $699,000 0.1 Colonial 1,987 0.54 4 2-1
- 31 Independence Lane 8/1/1989 $238,000 0.1 Colonial 1,706 0.37 3 1-1
Averages 5297 days $450,780 0.08 --- 1,930 0.66 --- ---  
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
157-0-25 17 Independence Lane