3 Richard Road, Hingham, MA 02043

3 Richard Road Hingham MA 02043
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Owner Information
Owner 1
Harold K Melkonian & Gabriele
Owner 2
Melkonian Realty Trust
Owner's Address
3 Richard Road Hingham, MA 02043
Market Sale Information
Most recent sale date
5/8/2015
Previous sale date
08/15/1974
Transfer document #
45522-0299
Previous transfer document
4015-0457
Grantor
Harold K Melkonian
Previous grantor
Most recent sale price
$1.00
Previous sale price
$38,000.00
Site Information
Property ID
191-0-8
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Ranch
Number of Rooms
6
Stories
1
Number of Beds
3
Year Built
1960
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1765
Number of Kitchen
Gross Living Area
2540
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
$456,000.00
Total value
$718,200.00
Building value
$262,200.00
Estimated tax
$7,182.00
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 Richard Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1960 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2540 Heating Fuel Hot Water Detached Garage Lot Size 0.46 Roof Cover Asphalt AEM Value - Building $262,200.00 AEM Value - Land $456,000.00 AEM Value - Other $0.00 AEM Value - Total $718,200.00
A) 7 Richard Road 0.1 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
B) 17 Longmeadow Road 0.4 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
C) 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
D) 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
E) 18 Grenadier Road 0.6 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 0.8 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) 53 Old County Road 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Richard Road 5/8/2015 $1 0 Ranch 1,765 0.46 3 2-0 -
  Criteria
A 7 Richard Road 3/7/2024 $725,000 0.1 Ranch 1,765 0.57 3 2-0
B 17 Longmeadow Road 2/28/2024 $980,000 0.4 Colonial 1,589 0.48 4 1-1
C 1 Pine Grove Road 3/1/2024 $785,000 0.5 Raised Ranch 1,624 0.55 3 2-0
D 12 Pine Grove Road 5/10/2024 $1,200,000 0.6 Colonial 2,048 0.46 4 3-0
E 18 Grenadier Road 4/11/2024 $1,275,000 0.6 Raised Ranch 2,072 0.68 3 3-0
F 15 Hoover Road 4/25/2024 $1,150,000 0.8 Cape Cod 1,686 0.27 3 2-0
G 53 Old County Road 1/9/2024 $740,000 0.9 Colonial 1,964 0.46 4 3-0
Averages 64 days $979,286 0.55 --- 1,821 0.5 --- ---  

Estimation of Market Value - $891,604

As of today, 05/20/2024, the estimated market value of 3 Richard Road, Hingham considering the above 7 comparable properties is $891,604.

 

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 Richard Road 5/8/2015 $1 0 Ranch 1,765 0.46 3 2-0 -
  Criteria
A 1 Richard Road 9/13/2022 $100 0.0 Ranch 2,246 0.46 4 3-1
B 5 Richard Road 4/24/2013 $435,000 0.0 Ranch 2,448 0.56 3 2-1
C 4 Richard Road 5/29/1986 $1 0.0 Ranch 2,536 0.49 6 2-1
D 7 Richard Road 3/7/2024 $725,000 0.1 Ranch 1,765 0.57 3 2-0
E 112 Scotland Street 1/20/2023 $1,550,000 0.1 Colonial 3,244 0.49 3 2-1
F 4 Michael Road 12/13/2001 $1 0.1 Colonial 3,296 0.46 3 3-1
G 1 Michael Road 5/15/2003 $1 0.1 Ranch 2,448 0.47 3 2-1
H 17 Sentinel Road 7/29/1988 $1 0.1 Colonial 4,245 0.72 4 3-1
I 108 Scotland Street 6/2/2023 $1,430,000 0.1 Ranch 2,107 0.46 3 2-0
J 6 Michael Road 6/15/1974 $39,000 0.1 Ranch 2,288 0.46 4 2-1
K 3 Michael Road 7/28/2022 $1,075,000 0.1 Ranch 2,040 0.46 4 2-1
L 9 Richard Road 10/17/1985 $155,000 0.1 Ranch 2,006 0.94 3 1-2
M 132 Scotland Street-Lot 26 1/18/2007 $236,100 0.1 Cape Cod 1,197 0.73 2 2-0
N 12 Sentinel Road 5/13/2022 $1,150,000 0.1 Ranch 3,078 0.74 3 3-0
O 0 Scotland Street $1 0.1 Vacant Land 4.44 -
P 5 Michael Road 5/7/2008 $319,900 0.1 Ranch 2,172 0.46 3 2-0
Q 102 Scotland Street 9/8/2016 $578,000 0.1 Cape Cod 1,609 0.43 3 2-0
R 15 Sentinel Road 10/24/2023 $1,500,000 0.1 Colonial 3,300 0.73 4 3-0
S 8 Michael Road 5/22/2020 $710,000 0.1 Ranch 2,160 0.48 3 2-1
T 8 Richard Road 9/8/2020 $1 0.1 Ranch 1,630 0.98 3 1-2
U 107 Scotland Street 9/27/2019 $1 0.1 Colonial 2,900 0.72 4 2-1
V 11 Richard Road 1/18/2005 $1 0.1 Colonial 2,254 0.94 4 1-1
W 4 Elaine Road 1/2/2019 $1 0.1 Ranch 2,064 0.93 3 2-1
X 7 Michael Road 8/18/2023 $800,000 0.1 Raised Ranch 1,220 0.46 3 2-0
Y 10 Sentinel Road 10/17/1986 $354,000 0.1 Colonial 2,256 0.69 4 2-1
Z 96 Scotland Street 7/21/2020 $560,000 0.1 Ranch 1,920 0.52 4 1-2
- 10 Michael Road 6/15/1977 $41,000 0.1 Ranch 2,784 0.46 2 2-0
Averages 5517 days $431,782 0.08 --- 2,267 0.75 --- ---  
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
191-0-8 3 Richard Road