31 Independence Lane, Hingham, MA 02043

31 Independence Lane Hingham MA 02043
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Owner Information
Owner 1
Mark S Railton & Jean Sawyer Railton
Owner 2
Owner's Address
31 Independence Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
8/1/1989
Previous sale date
Transfer document #
9276-0177
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$238,000.00
Previous sale price
N/A
Site Information
Property ID
157-0-96
Lot Size
0.37
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
6
Stories
2
Number of Beds
3
Year Built
1956
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1706
Number of Kitchen
Gross Living Area
3020
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
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$470,500.00
Total value
$856,700.00
Building value
$386,200.00
Estimated tax
$8,567.00
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 31 Independence Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $139.51 Style Colonial Age 1956 Rooms 6 Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 3020 Heating Fuel Hot Water Detached Garage Lot Size 0.37 Roof Cover Asphalt AEM Value - Building $386,200.00 AEM Value - Land $470,500.00 AEM Value - Other $0.00 AEM Value - Total $856,700.00
A) 41 Brewster Road 0.3 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) 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
C) 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
D) 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
E) 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
F) 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
G) 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
H) 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
I) 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
J) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 31 Independence Lane 8/1/1989 $238,000 0 Colonial 1,706 0.37 3 1-1 -
  Criteria
A 41 Brewster Road 4/23/2024 $2,367,000 0.3 Split-level 1,292 0.29 3 2-0
B 53 Old County Road 1/9/2024 $740,000 0.4 Colonial 1,964 0.46 4 3-0
C 35 Winthrop Road 3/6/2024 $1,250,000 0.4 Split-level 2,088 0.59 4 2-1
D 18 Presidents Road 11/17/2023 $950,000 0.5 Colonial 1,888 0.46 4 1-1
E 18 Grenadier Road 4/11/2024 $1,275,000 0.5 Raised Ranch 2,072 0.68 3 3-0
F 15 Hoover Road 4/25/2024 $1,150,000 0.7 Cape Cod 1,686 0.27 3 2-0
G 17 Longmeadow Road 2/28/2024 $980,000 0.7 Colonial 1,589 0.48 4 1-1
H 85 Whitcomb Avenue 11/9/2023 $997,500 0.9 Ranch 1,471 0.31 3 2-0
I 1 Pine Grove Road 3/1/2024 $785,000 0.9 Raised Ranch 1,624 0.55 3 2-0
J 10 Pine Grove Road 11/17/2023 $860,000 0.9 Ranch 1,792 0.46 3 2-0
Averages 80 days $1,135,450 0.61 --- 1,747 0.46 --- ---  

Estimation of Market Value - $1,101,214

As of today, 04/27/2024, the estimated market value of 31 Independence Lane, Hingham considering the above 10 comparable properties is $1,101,214.

 

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
@ 31 Independence Lane 8/1/1989 $238,000 0 Colonial 1,706 0.37 3 1-1 -
  Criteria
A 33 Independence Lane 9/29/2023 $705,000 0.0 Ranch 1,112 0.32 3 1-0
B 29 Independence Lane 3/18/2016 $550,000 0.0 Cape Cod 1,530 0.43 3 2-0
C 10 Colonial Road 11/30/2023 $872,000 0.0 Split-level 1,100 0.34 3 1-1
D 25 Independence Lane 9/15/1973 $47,000 0.0 Colonial 2,230 0.69 4 2-1
E 8 Colonial Road 10/25/2000 $395,000 0.0 Cape Cod 1,926 0.37 3 2-0
F 34 Independence Lane 4/22/2021 $10 0.0 Cape Cod 2,228 0.54 4 2-1
G 32 Independence Lane 1/24/2022 $1,050,000 0.0 Ranch 1,493 0.46 3 1-2
H 36 Independence Lane 8/1/2011 $585,000 0.0 Colonial 1,640 0.46 3 2-1
I 6 Colonial Road 1/14/2003 $1 0.1 Split-level 1,432 0.29 3 1-1
J 38 Independence Lane 10/6/2017 $688,000 0.1 Colonial 1,488 0.46 3 2-0
K 30 Independence Lane 3/31/2021 $1,355,000 0.1 Colonial 1,766 0.46 4 2-0
L 9 Colonial Road 1/5/2021 $100 0.1 Ranch 1,432 0.31 3 2-0
M 2 Pilgrim Road 10/20/2016 $1 0.1 Colonial 1,958 0.29 3 2-0
N 28 Independence Lane 8/5/2021 $1 0.1 Colonial 1,668 0.58 4 2-1
O 4 Colonial Road 3/29/2013 $382,500 0.1 Raised Ranch 1,300 0.81 3 1-1
P 11 Colonial Road 6/4/2021 $900,000 0.1 Colonial 1,418 0.29 3 1-1
Q 42 Liberty Pole Road 4/29/2022 $1,250,000 0.1 Ranch 1,502 0.33 2 1-1
R 7 Colonial Road 6/28/2018 $799,000 0.1 Cape Cod 1,570 0.38 3 2-0
S 13 Colonial Road 5/21/2019 $100 0.1 Split-level 1,368 0.29 3 1-1
T 26 Independence Lane 8/15/2007 $815,000 0.1 Colonial 2,412 3.81 4 2-1
U 4 Pilgrim Road 1/27/2022 $1,295,000 0.1 Colonial 2,436 0.29 4 2-1
V 6 Hancock Road 6/14/2018 $1 0.1 Cape Cod 2,078 0.29 3 2-0
W 40 Liberty Pole Road 5/6/2022 $1,375,000 0.1 Cape Cod 2,292 0.32 3 2-0
X 22 Independence Lane 10/10/2003 $487,000 0.1 Colonial 1,851 0.56 3 2-1
Y 44 Liberty Pole Road 3/23/2018 $480,000 0.1 Ranch 705 0.39 2 2-0
Z 15 Colonial Road 1/10/2022 $1 0.1 Ranch 1,408 0.29 3 2-0
- 6 Pilgrim Road 6/1/2021 $1 0.1 Colonial 1,762 1.25 3 1-1
- 8 Hancock Road 6/10/2020 $100 0.1 Ranch 1,193 0.39 3 1-0
- 18 Colonial Road 10/16/2012 $1 0.1 Colonial 2,101 0.29 3 1-1
- 41 Liberty Pole Road 12/4/2017 $550,000 0.1 Ranch 1,720 0.37 3 1-0
- 38 Liberty Pole Road 6/9/2000 $350,000 0.1 Cape Cod 1,548 0.37 3 1-1
- 19 Independence Lane 1/11/2017 $1 0.1 Cape Cod 1,579 0.47 3 1-1
- 1 Patriots Way 5/26/2000 $417,000 0.1 Colonial 1,771 0.29 4 1-1
- 46 Liberty Pole Road 8/22/2012 $1 0.1 Colonial 1,998 0.31 4 2-0
- 17 Colonial Road 11/15/1984 $1 0.1 Cape Cod 1,527 0.29 3 2-0
- 10 Hancock Road 10/12/2016 $855,000 0.1 Colonial 2,238 0.35 4 2-1
- 8 Pilgrim Road 11/4/2020 $900,000 0.1 Colonial 2,376 0.29 4 2-1
- 18 Independence Lane 8/30/2010 $1 0.1 Colonial 1,335 0.38 3 1-1
- 7 Pilgrim Road 8/13/2021 $1 0.1 Colonial 1,696 0.29 4 1-1
- 20 Colonial Road 1/6/2009 $1 0.1 Colonial 1,758 0.29 4 1-1
- 36 Liberty Pole Road 5/10/2019 $820,000 0.1 Cape Cod 2,575 0.4 4 2-1
- 37 Liberty Pole Road 12/31/2021 $1 0.1 Colonial 1,698 0.45 3 1-1
- 10 Brewster Road 7/25/1997 $250,000 0.1 Raised Ranch 1,152 0.38 3 1-1
- 14 Brewster Road 7/16/1986 $247,500 0.1 Cape Cod 1,683 0.37 4 2-0
- 12 Brewster Road 3/7/1986 $500 0.1 Vacant Land 0.09 -
- 9 Hancock Road 9/26/2022 $850,000 0.1 Ranch 1,230 0.29 3 1-1
- 17 Independence Lane 6/26/2019 $585,000 0.1 Colonial 1,332 0.33 3 1-1
- 50 Liberty Pole Road 8/5/2021 $1,350,000 0.1 Colonial 2,760 0.31 4 2-1
- 19 Colonial Road 9/10/2013 $528,000 0.1 Ranch 1,337 0.29 3 2-0
- 2 Puritan Road 6/5/1995 $216,000 0.1 Split-level 1,144 0.42 3 2-0
Averages 4095 days $438,996 0.08 --- 1,657 0.46 --- ---  
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
157-0-96 31 Independence Lane