31 Prospect Street, Hingham, MA 02043

31 Prospect Street Hingham MA 02043
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Owner Information
Owner 1
Richard P Osborn & Andrea B Osborn
Owner 2
Owner's Address
31 Prospect Street Hingham, MA 02043
Market Sale Information
Most recent sale date
11/23/1983
Previous sale date
Transfer document #
5513-0197
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$72,000.00
Previous sale price
N/A
Site Information
Property ID
169-0-27
Lot Size
0.33
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
6
Stories
1.75
Number of Beds
3
Year Built
1945
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1518
Number of Kitchen
Gross Living Area
3062
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
Steam
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$443,500.00
Total value
$772,300.00
Building value
$328,800.00
Estimated tax
$7,723.00
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 Prospect Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $47.43 Style Cape Cod Age 1945 Rooms 6 Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area 3062 Heating Fuel Steam Detached Garage Lot Size 0.33 Roof Cover Asphalt AEM Value - Building $328,800.00 AEM Value - Land $443,500.00 AEM Value - Other $0.00 AEM Value - Total $772,300.00
A) 17 Longmeadow Road 0.2 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) 15 Hoover Road 0.3 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
C) 7 Richard Road 0.6 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
D) 41 Brewster Road 0.7 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
E) 1 Pine Grove Road 0.7 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
@ 31 Prospect Street 11/23/1983 $72,000 0 Cape Cod 1,518 0.33 3 1-1 -
  Criteria
A 17 Longmeadow Road 2/28/2024 $980,000 0.2 Colonial 1,589 0.48 4 1-1
B 15 Hoover Road 4/25/2024 $1,150,000 0.3 Cape Cod 1,686 0.27 3 2-0
C 7 Richard Road 3/7/2024 $725,000 0.6 Ranch 1,765 0.57 3 2-0
D 41 Brewster Road 4/23/2024 $2,367,000 0.7 Split-level 1,292 0.29 3 2-0
E 1 Pine Grove Road 3/1/2024 $785,000 0.7 Raised Ranch 1,624 0.55 3 2-0
Averages 58 days $1,201,400 0.50 --- 1,591 0.43 --- ---  

Estimation of Market Value - $1,083,317

As of today, 05/20/2024, the estimated market value of 31 Prospect Street, Hingham considering the above 5 comparable properties is $1,083,317.

 

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 Prospect Street 11/23/1983 $72,000 0 Cape Cod 1,518 0.33 3 1-1 -
  Criteria
A 27 Prospect Street 10/9/2008 $1 0.0 Colonial 2,111 0.69 3 2-0
B 35 Prospect Street 6/22/1990 $240,000 0.0 Ranch 1,778 0.69 3 2-0
C 8 Craig Lane 12/30/2014 $100 0.0 Colonial 2,305 0.88 3 2-1
D 6 Craig Lane 9/30/2010 $705,000 0.0 Colonial 2,460 0.72 4 2-1
E 2 Craig Lane 4/10/2020 $805,000 0.1 Cape Cod 1,723 0.69 4 2-0
F 41 Prospect Street 7/22/2020 $100 0.1 Colonial 2,380 0.69 3 2-1
G 34 Prospect Street 5/10/1988 $190,000 0.1 Cape Cod 1,489 1.25 4 2-0
H 4 Craig Lane 3/31/2006 $642,500 0.1 Colonial 1,829 0.7 3 2-0
I 28 Prospect Street 7/30/1993 $160,000 0.1 Colonial 2,073 1.03 3 2-0
J 42 Prospect Street 11/17/2006 $451,250 0.1 Conventional 2,190 0.65 4 1-0
K 26 Prospect Street 7/16/2014 $571,000 0.1 Cape Cod 2,044 0.69 3 2-0
L 22 Prospect Street 12/5/2008 $1 0.1 Cape Cod 2,478 0.69 3 2-0
M 47 Prospect Street 8/2/2001 $609,900 0.1 Colonial 2,970 0.69 4 2-1
N 11 Craig Lane 8/1/2013 $910,000 0.1 Colonial 2,171 0.82 4 2-1
O 48 Prospect Street 9/28/2018 $674,900 0.1 Cape Cod 3,429 0.76 3 2-1
P 9 Craig Lane 7/18/2023 $950,000 0.1 Ranch 1,580 0.75 3 2-0
Q 18 Prospect Street 7/30/2009 $505,000 0.1 Cape Cod 2,860 0.97 4 3-0
R 11 Prospect Street 5/13/2016 $690,000 0.1 Ranch 1,360 0.69 3 2-0
S 14 Hope Road 6/15/2020 $555,000 0.1 Conventional 1,061 0.7 3 1-0
T 3 Craig Lane 3/30/2020 $1,100,000 0.1 Colonial 2,422 0.7 4 2-1
U 14 Prospect Street 10/19/2001 $476,000 0.1 Cape Cod 3,003 0.66 3 3-0
V 7 Craig Lane 11/25/2002 $804,000 0.1 Colonial 2,407 0.87 4 2-1
W 0 Captains Lane 7/30/2020 $1 0.1 Outbuildings 7.43 -
X 5 Craig Lane 6/9/2015 $1 0.1 Colonial 2,442 1.11 3 2-1
Y 54 Prospect Street 3/11/2002 $1 0.1 Colonial 2,117 0.77 4 2-1
Z 53 Prospect Street 7/21/2016 $1 0.1 Ranch 1,775 0.69 3 2-0
- 4 Cutter Hill Road 4/25/2018 $1,275,000 0.1 Colonial 4,015 0.73 4 2-1
- 8 Prospect Street 12/30/2008 $100 0.1 Cape Cod 2,017 0.32 3 3-0
- 4 Captains Lane 5/30/1997 $370,000 0.1 Split-level 2,000 1.64 4 2-1
- 18 Hope Road 7/13/2023 $2,200,000 0.1 Bungalow 1,419 0.45 5 2-0
- 2 Cutter Hill Road 10/30/2023 $1,650,000 0.1 Colonial 2,328 0.78 4 2-1
- 15 Hope Road 11/14/2016 $1 0.1 Cape Cod 2,048 1.03 3 2-1
Averages 4834 days $516,714 0.09 --- 2,134 1 --- ---  
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
169-0-27 31 Prospect Street