3 Palmers Lane, Hingham, MA 02043

3 Palmers Lane Hingham MA 02043
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Owner Information
Owner 1
Joseph P Welch & Elizabeth E Welch
Owner 2
Owner's Address
3 Palmers Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
8/31/1993
Previous sale date
01/01/1900
Transfer document #
12168-0190
Previous transfer document
0000-0000
Grantor
Helen M Welch
Previous grantor
Most recent sale price
$168,750.00
Previous sale price
$0.00
Site Information
Property ID
180-0-48
Lot Size
0.37
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1962
Number of full baths
3
Condition
Number of half baths
0
Finished Area
2184
Number of Kitchen
Gross Living Area
3935
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable
Heating type
Gas
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$470,400.00
Total value
$893,100.00
Building value
$422,700.00
Estimated tax
$8,931.00
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 3 Palmers Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $77.27 Style Colonial Age 1962 Rooms 8 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 3935 Heating Fuel Hot Water Detached Garage Lot Size 0.37 Roof Cover Asphalt AEM Value - Building $422,700.00 AEM Value - Land $470,400.00 AEM Value - Other $0.00 AEM Value - Total $893,100.00
A) 982 Main Street 0.3 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
B) 7 Richard Road 0.3 3/7/2024 $725,000 1,765 1 $410.76 Ranch 1957 7 3 2 0 2128 Hot Water 0.57 Asphalt $244,600 $470,100 $0 $714,700
C) 18 Grenadier Road 0.4 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) 15 Hoover Road 0.5 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
E) 61 Gardner Street 0.6 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
F) 12 Pine Grove Road 0.6 5/10/2024 $1,200,000 2,048 2 $585.94 Colonial 1964 9 4 3 0 3760 Hot Water 0.46 Asphalt $411,000 $480,000 $0 $891,000
G) 53 Old County Road 0.7 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
H) 35 Winthrop Road 0.9 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
I) 7 Pioneer Road 1.0 5/3/2024 $1,365,000 2,178 2 $626.72 Colonial 1957 8 3 2 0 3952 Forced Air-Duc 0.33 Asphalt $461,100 $466,200 $0 $927,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Palmers Lane 8/31/1993 $168,750 0 Colonial 2,184 0.37 4 3-0 -
  Criteria
A 982 Main Street 1/30/2024 $1,380,000 0.3 Historical 2,637 0.46 4 3-0
B 7 Richard Road 3/7/2024 $725,000 0.3 Ranch 1,765 0.57 3 2-0
C 18 Grenadier Road 4/11/2024 $1,275,000 0.4 Raised Ranch 2,072 0.68 3 3-0
D 15 Hoover Road 4/25/2024 $1,150,000 0.5 Cape Cod 1,686 0.27 3 2-0
E 61 Gardner Street 11/21/2023 $720,000 0.6 Cape Cod 2,437 1.79 3 3-0
F 12 Pine Grove Road 5/10/2024 $1,200,000 0.6 Colonial 2,048 0.46 4 3-0
G 53 Old County Road 1/9/2024 $740,000 0.7 Colonial 1,964 0.46 4 3-0
H 35 Winthrop Road 3/6/2024 $1,250,000 0.9 Split-level 2,088 0.59 4 2-1
I 7 Pioneer Road 5/3/2024 $1,365,000 1.0 Colonial 2,178 0.33 3 2-0
Averages 74 days $1,089,444 0.59 --- 2,097 0.62 --- ---  

Estimation of Market Value - $1,126,112

As of today, 05/20/2024, the estimated market value of 3 Palmers Lane, Hingham considering the above 9 comparable properties is $1,126,112.

 

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
@ 3 Palmers Lane 8/31/1993 $168,750 0 Colonial 2,184 0.37 4 3-0 -
  Criteria
A 60 Scotland Street 6/1/1973 $42,000 0.0 Colonial 1,686 0.37 4 1-1
B 5 Palmers Lane 8/30/2019 $669,000 0.0 Colonial 1,470 0.46 4 1-1
C 68 Scotland Street 9/16/2019 $622,500 0.0 Cape Cod 1,362 0.46 3 1-1
D 4 Palmers Lane 11/8/2011 $375,000 0.0 Cape Cod 1,766 0.23 3 2-0
E 2 Palmers Lane 1/21/1999 $1 0.0 Ranch 900 0.23 2 1-0
F 7 Palmers Lane 4/25/2016 $1 0.0 Colonial 2,010 0.46 4 1-1
G 22 Polk Road 3/19/2010 $1 0.0 Colonial 2,034 0.34 3 3-1
H 72 Scotland Street 7/28/2016 $535,000 0.0 Raised Ranch 1,594 0.52 2 1-1
I 4 Mark Lane 2/19/2008 $100 0.0 Colonial 1,170 0.56 3 1-1
J 21 Polk Road 2/27/2004 $494,000 0.1 Raised Ranch 1,132 0.23 3 1-1
K 48 Scotland Street 2/14/2017 $404,400 0.1 Colonial 1,120 0.23 2 1-0
L 9 Palmers Lane 6/20/2007 $1 0.1 Cape Cod 2,196 0.49 3 3-0
M 57 Scotland Street 6/20/2001 $380,000 0.1 Split-level 3,008 0.54 4 2-1
N 53 Scotland Street 7/30/2008 $615,000 0.1 Raised Ranch 2,067 0.64 3 2-0
O 6 Mark Lane 3/4/1997 $1 0.1 Colonial 2,205 0.68 5 1-1
P 20 Polk Road 7/14/2014 $533,000 0.1 Cape Cod 1,529 0.34 3 1-1
Q 49 Scotland Street 7/7/1969 $1 0.1 Raised Ranch 1,248 0.64 3 2-0
R 19 Polk Road 1/17/2003 $610,000 0.1 Colonial 2,578 0.23 4 3-1
S 44 Scotland Street 8/6/2021 $885,000 0.1 Colonial 1,835 0.23 4 2-0
T 3 Robin Lane 7/9/2010 $1 0.1 Colonial 2,122 1.14 4 2-1
U 45 Scotland Street 10/10/1964 $1 0.1 Raised Ranch 1,236 0.65 3 1-1
V 12 Mark Lane 12/1/1986 $1 0.1 Colonial 2,490 0.81 3 1-1
W 61 Scotland Street 2/27/2013 $1 0.1 Conventional 2,632 0.56 4 2-1
X 1 Mark Lane 7/1/2022 $100 0.1 Cape Cod 1,312 0.52 3 1-1
Y 8 Mark Lane 10/31/2013 $625,000 0.1 Colonial 2,240 0.74 4 1-1
Z 80 Scotland Street 11/20/2006 $477,000 0.1 Ranch 1,420 0.46 3 1-1
- 17 Polk Road 7/11/1989 $1 0.1 Raised Ranch 1,144 0.23 3 1-0
- 18 Polk Road 12/17/2021 $805,000 0.1 0.29 -
- 40 Scotland Street 3/15/2022 $100 0.1 Split-level 1,528 0.23 3 2-0
- 41 Scotland Street 2/24/2021 $1 0.1 Raised Ranch 1,236 0.67 3 1-1
- 3 Mark Lane 9/15/2015 $540,000 0.1 Cape Cod 1,658 0.58 3 2-0
- 20 Liberty Road 3/21/2022 $10 0.1 Colonial 2,200 0.69 4 2-1
- 11 Palmers Lane 1/31/2017 $1 0.1 Cape Cod 1,346 0.75 2 1-1
- 84 Scotland Street 12/29/2022 $825,000 0.1 Ranch 1,947 0.46 4 2-1
- 18 Liberty Road 10/3/2005 $810,000 0.1 Colonial 2,030 0.75 4 2-1
- 16 Polk Road 6/26/2017 $563,000 0.1 Cape Cod 1,733 0.29 3 2-0
- 4 Vicki Lane 8/8/1963 $17,000 0.1 Raised Ranch 1,186 0.48 3 1-0
- 5 Mark Lane 7/10/2018 $0 0.1 Colonial 2,529 0.53 4 1-1
- 22 Liberty Road 7/15/2011 $640,000 0.1 Colonial 2,220 0.7 4 2-1
- 15 Polk Road 12/13/2017 $475,000 0.1 Cape Cod 1,275 0.23 2 1-1
- 5 Robin Lane 1/28/2021 $1,220,000 0.1 Colonial 3,164 0.98 5 4-1
- 4 Robin Lane 11/23/2015 $789,000 0.1 Colonial 2,390 0.69 4 3-0
- 39 Scotland Street 11/25/2019 $705,000 0.1 Conventional 2,849 0.63 3 3-0
- 13 Mark Lane 6/10/2013 $1 0.1 Colonial 1,732 0.6 4 1-1
- 16 Liberty Road 2/14/2013 $1 0.1 Colonial 2,112 0.7 4 2-1
- 18 Michael Road 4/23/2007 $405,000 0.1 Ranch 1,495 0.46 3 1-2
- 34 Scotland Street 4/21/2011 $1 0.1 Ranch 1,484 0.57 2 2-1
- 88 Scotland Street 3/19/2021 $100 0.1 Ranch 1,436 0.46 3 2-0
- 11 Mark Lane 7/17/2012 $100 0.1 Colonial 1,614 0.66 4 1-1
- 7 Mark Lane 7/13/2018 $680,000 0.1 Colonial 1,608 0.68 4 1-1
Averages 5545 days $314,829 0.08 --- 1,766 0.52 --- ---  
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
180-0-48 3 Palmers Lane