5 Palmers Lane, Hingham, MA 02043

5 Palmers Lane Hingham MA 02043
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Owner Information
Owner 1
Michael Souza & Carolyn
Owner 2
Owner's Address
5 Palmers Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
8/30/2019
Previous sale date
06/15/2001
Transfer document #
51579-29
Previous transfer document
20017-0312
Grantor
Kevin W Cullen
Previous grantor
Crai Hadtnett
Most recent sale price
$669,000.00
Previous sale price
$382,000.00
Site Information
Property ID
180-0-51
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
4
Year Built
1962
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1470
Number of Kitchen
Gross Living Area
3254
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
$480,000.00
Total value
$803,000.00
Building value
$323,000.00
Estimated tax
$8,030.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 5 Palmers Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $455.10 Style Colonial Age 1962 Rooms 7 Bedrooms 4 Full baths 1 Half baths 1 Gross Living Area 3254 Heating Fuel Hot Water Detached Garage Lot Size 0.46 Roof Cover Asphalt AEM Value - Building $323,000.00 AEM Value - Land $480,000.00 AEM Value - Other $0.00 AEM Value - Total $803,000.00
A) 17 Longmeadow Road 0.1 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
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) 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
D) 1 Pine Grove Road 0.5 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 0.6 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) 41 Brewster Road 0.8 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Palmers Lane 8/30/2019 $669,000 0 Colonial 1,470 0.46 4 1-1 -
  Criteria
A 17 Longmeadow Road 2/28/2024 $980,000 0.1 Colonial 1,589 0.48 4 1-1
B 7 Richard Road 3/7/2024 $725,000 0.3 Ranch 1,765 0.57 3 2-0
C 15 Hoover Road 4/25/2024 $1,150,000 0.5 Cape Cod 1,686 0.27 3 2-0
D 1 Pine Grove Road 3/1/2024 $785,000 0.5 Raised Ranch 1,624 0.55 3 2-0
E 10 Pine Grove Road 11/17/2023 $860,000 0.6 Ranch 1,792 0.46 3 2-0
F 41 Brewster Road 4/23/2024 $2,367,000 0.8 Split-level 1,292 0.29 3 2-0
Averages 68 days $1,144,500 0.48 --- 1,625 0.44 --- ---  

Estimation of Market Value - $1,034,393

As of today, 05/09/2024, the estimated market value of 5 Palmers Lane, Hingham considering the above 6 comparable properties is $1,034,393.

 

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
@ 5 Palmers Lane 8/30/2019 $669,000 0 Colonial 1,470 0.46 4 1-1 -
  Criteria
A 7 Palmers Lane 4/25/2016 $1 0.0 Colonial 2,010 0.46 4 1-1
B 3 Palmers Lane 8/31/1993 $168,750 0.0 Colonial 2,184 0.37 4 3-0
C 68 Scotland Street 9/16/2019 $622,500 0.0 Cape Cod 1,362 0.46 3 1-1
D 60 Scotland Street 6/1/1973 $42,000 0.0 Colonial 1,686 0.37 4 1-1
E 22 Polk Road 3/19/2010 $1 0.0 Colonial 2,034 0.34 3 3-1
F 9 Palmers Lane 6/20/2007 $1 0.0 Cape Cod 2,196 0.49 3 3-0
G 4 Palmers Lane 11/8/2011 $375,000 0.0 Cape Cod 1,766 0.23 3 2-0
H 4 Mark Lane 2/19/2008 $100 0.0 Colonial 1,170 0.56 3 1-1
I 6 Mark Lane 3/4/1997 $1 0.0 Colonial 2,205 0.68 5 1-1
J 72 Scotland Street 7/28/2016 $535,000 0.1 Raised Ranch 1,594 0.52 2 1-1
K 2 Palmers Lane 1/21/1999 $1 0.1 Ranch 900 0.23 2 1-0
L 21 Polk Road 2/27/2004 $494,000 0.1 Raised Ranch 1,132 0.23 3 1-1
M 12 Mark Lane 12/1/1986 $1 0.1 Colonial 2,490 0.81 3 1-1
N 20 Polk Road 7/14/2014 $533,000 0.1 Cape Cod 1,529 0.34 3 1-1
O 3 Robin Lane 7/9/2010 $1 0.1 Colonial 2,122 1.14 4 2-1
P 48 Scotland Street 2/14/2017 $404,400 0.1 Colonial 1,120 0.23 2 1-0
Q 8 Mark Lane 10/31/2013 $625,000 0.1 Colonial 2,240 0.74 4 1-1
R 57 Scotland Street 6/20/2001 $380,000 0.1 Split-level 3,008 0.54 4 2-1
S 19 Polk Road 1/17/2003 $610,000 0.1 Colonial 2,578 0.23 4 3-1
T 53 Scotland Street 7/30/2008 $615,000 0.1 Raised Ranch 2,067 0.64 3 2-0
U 1 Mark Lane 7/1/2022 $100 0.1 Cape Cod 1,312 0.52 3 1-1
V 44 Scotland Street 8/6/2021 $885,000 0.1 Colonial 1,835 0.23 4 2-0
W 11 Palmers Lane 1/31/2017 $1 0.1 Cape Cod 1,346 0.75 2 1-1
X 49 Scotland Street 7/7/1969 $1 0.1 Raised Ranch 1,248 0.64 3 2-0
Y 18 Polk Road 12/17/2021 $805,000 0.1 0.29 -
Z 13 Mark Lane 6/10/2013 $1 0.1 Colonial 1,732 0.6 4 1-1
- 5 Robin Lane 1/28/2021 $1,220,000 0.1 Colonial 3,164 0.98 5 4-1
- 3 Mark Lane 9/15/2015 $540,000 0.1 Cape Cod 1,658 0.58 3 2-0
- 45 Scotland Street 10/10/1964 $1 0.1 Raised Ranch 1,236 0.65 3 1-1
- 17 Polk Road 7/11/1989 $1 0.1 Raised Ranch 1,144 0.23 3 1-0
- 61 Scotland Street 2/27/2013 $1 0.1 Conventional 2,632 0.56 4 2-1
- 80 Scotland Street 11/20/2006 $477,000 0.1 Ranch 1,420 0.46 3 1-1
- 5 Mark Lane 7/10/2018 $0 0.1 Colonial 2,529 0.53 4 1-1
- 40 Scotland Street 3/15/2022 $100 0.1 Split-level 1,528 0.23 3 2-0
- 4 Robin Lane 11/23/2015 $789,000 0.1 Colonial 2,390 0.69 4 3-0
- 11 Mark Lane 7/17/2012 $100 0.1 Colonial 1,614 0.66 4 1-1
- 4 Vicki Lane 8/8/1963 $17,000 0.1 Raised Ranch 1,186 0.48 3 1-0
- 16 Polk Road 6/26/2017 $563,000 0.1 Cape Cod 1,733 0.29 3 2-0
- 41 Scotland Street 2/24/2021 $1 0.1 Raised Ranch 1,236 0.67 3 1-1
- 7 Mark Lane 7/13/2018 $680,000 0.1 Colonial 1,608 0.68 4 1-1
- 15 Polk Road 12/13/2017 $475,000 0.1 Cape Cod 1,275 0.23 2 1-1
- 84 Scotland Street 12/29/2022 $825,000 0.1 Ranch 1,947 0.46 4 2-1
- 19 Longmeadow Road 10/28/2020 $1 0.1 Colonial 2,569 0.46 4 2-1
- 17 Longmeadow Road 2/28/2024 $980,000 0.1 Colonial 1,589 0.48 4 1-1
- 21 Longmeadow Road 4/13/2020 $100 0.1 Split-level 1,248 0.46 3 2-0
- 18 Michael Road 4/23/2007 $405,000 0.1 Ranch 1,495 0.46 3 1-2
- 20 Liberty Road 3/21/2022 $10 0.1 Colonial 2,200 0.69 4 2-1
- 18 Liberty Road 10/3/2005 $810,000 0.1 Colonial 2,030 0.75 4 2-1
- 15 Longmeadow Road 2/10/2003 $1 0.1 Colonial 2,002 0.49 5 2-1
- 23 Longmeadow Road 1/30/2020 $675,000 0.1 Split-level 1,226 0.46 3 2-0
- 22 Liberty Road 7/15/2011 $640,000 0.1 Colonial 2,220 0.7 4 2-1
Averages 5622 days $317,474 0.08 --- 1,760 0.51 --- ---  
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
180-0-51 5 Palmers Lane