7 Myers Farm Road, Hingham, MA 02043

7 Myers Farm Road Hingham MA 02043
Owner Information
Owner 1
Michael J McElaney & Kate Benoit
Owner 2
Owner's Address
7 Myers Farm Road Hingham, MA 02043
Market Sale Information
Most recent sale date
3/31/2022
Previous sale date
02/01/1999
Transfer document #
56632-158
Previous transfer document
17106-0145
Grantor
William J Hanlon
Previous grantor
Ann Marie Chenoweth
Most recent sale price
$1,600,000.00
Previous sale price
$527,500.00
Site Information
Property ID
108-0-110
Lot Size
0.8
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1984
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2512
Number of Kitchen
Gross Living Area
4685
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Typical
Floor type
Average
Solar Hot Water
No
Roof Structure
Gable
Heating type
Oil
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$546,700.00
Total value
$1,297,600.00
Building value
$750,900.00
Estimated tax
$12,976.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 7 Myers Farm Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $636.94 Style Colonial Age 1984 Rooms 8 Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 4685 Heating Fuel Hot Water Detached Garage Lot Size 0.8 Roof Cover Asphalt AEM Value - Building $750,900.00 AEM Value - Land $546,700.00 AEM Value - Other $0.00 AEM Value - Total $1,297,600.00
A) 531 Main Street 0.3 12/4/2023 $975,000 2,361 1 $412.96 Ranch 1955 6 3 2 0 5147 Hot Water 0.46 Asphalt $333,100 $480,000 $0 $813,100
B) 11 Marshall Road 0.5 3/22/2024 $1,625,000 2,127 1.75 $763.99 Cape Cod 1955 7 3 2 1 5906 Hot Water 0.38 Asphalt $901,200 $471,400 $0 $1,372,600
C) 110 High Street 0.5 3/28/2024 $975,000 2,208 2 $441.58 Colonial 1959 8 4 1 1 3408 Hot Water 0.48 Asphalt $373,600 $458,500 $0 $832,100
D) 257-R Central Street 0.7 12/14/2023 $1,250,000 1,916 1 $652.40 Raised Ranch 1969 6 3 3 0 3860 Hot Water 0.86 Asphalt $356,400 $631,700 $0 $988,100
E) 3 Pleasant Street 0.8 5/13/2024 $1,400,000 2,254 1.5 $621.12 Historical 1785 7 4 2 0 3650 Forced Air-Duc 0.76 Wood Shingle $432,400 $620,900 $0 $1,053,300
F) 15 South Bradford Road 0.8 11/28/2023 $1,100,000 2,124 2 $517.89 Colonial 1966 8 4 1 2 3885 Hot Water 0.78 Asphalt $449,700 $441,200 $0 $890,900
G) 117 Free Street 0.8 2/16/2024 $1,050,000 2,294 1.85 $457.72 Colonial 1957 8 4 2 0 3570 Hot Water 2.08 Wood Shingle $475,200 $558,700 $0 $1,033,900
H) 56 Garrison Road 0.9 3/15/2024 $1,110,000 2,278 2 $487.27 Colonial 1915 8 3 2 0 4045 Forced Air-Duc 0.46 Asphalt $288,200 $792,500 $0 $1,080,700
I) 42 Burr Road 1.0 3/26/2024 $1,350,000 1,885 1.75 $716.18 Cape Cod 1940 7 4 2 0 3008 Hot Water 0.26 Wood Shingle $464,800 $550,900 $0 $1,015,700
J) 40 Garrison Road 1.0 3/26/2024 $1,325,000 2,106 1.75 $629.15 Cape Cod 1982 7 5 2 1 4500 Radiant-Elec. 0.83 Asphalt $325,600 $777,600 $0 $1,103,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Myers Farm Road 3/31/2022 $1,600,000 0 Colonial 2,512 0.8 4 2-1 -
  Criteria
A 531 Main Street 12/4/2023 $975,000 0.3 Ranch 2,361 0.46 3 2-0
B 11 Marshall Road 3/22/2024 $1,625,000 0.5 Cape Cod 2,127 0.38 3 2-1
C 110 High Street 3/28/2024 $975,000 0.5 Colonial 2,208 0.48 4 1-1
D 257-R Central Street 12/14/2023 $1,250,000 0.7 Raised Ranch 1,916 0.86 3 3-0
E 3 Pleasant Street 5/13/2024 $1,400,000 0.8 Historical 2,254 0.76 4 2-0
F 15 South Bradford Road 11/28/2023 $1,100,000 0.8 Colonial 2,124 0.78 4 1-2
G 117 Free Street 2/16/2024 $1,050,000 0.8 Colonial 2,294 2.08 4 2-0
H 56 Garrison Road 3/15/2024 $1,110,000 0.9 Colonial 2,278 0.46 3 2-0
I 42 Burr Road 3/26/2024 $1,350,000 1.0 Cape Cod 1,885 0.26 4 2-0
J 40 Garrison Road 3/26/2024 $1,325,000 1.0 Cape Cod 2,106 0.83 5 2-1
Averages 87 days $1,216,000 0.72 --- 2,155 0.73 --- ---  

Estimation of Market Value - $1,483,340

As of today, 05/18/2024, the estimated market value of 7 Myers Farm Road, Hingham considering the above 10 comparable properties is $1,483,340.

 

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
  • 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
@ 7 Myers Farm Road 3/31/2022 $1,600,000 0 Colonial 2,512 0.8 4 2-1 -
  Criteria
A 67 Cross Street 2/7/1997 $141,000 0.0 Colonial 2,819 0.57 3 2-1
B 8 Myers Farm Road 5/25/2010 $100 0.0 Colonial 3,514 0.46 5 2-1
C 59 Cross Street 7/31/2015 $100 0.0 Contemporary 2,060 0.66 3 3-0
D 15 Myers Farm Road 8/23/2000 $570,000 0.0 Colonial 2,750 0.51 4 2-1
E 2 Myers Farm Road 6/24/1992 $405,000 0.0 Colonial 2,296 0.46 4 2-1
F 10 Myers Farm Road 6/30/2023 $1,600,000 0.0 Colonial 2,735 0.46 4 2-1
G 4 Butternut Lane 7/18/1996 $1 0.1 Colonial 2,048 0.84 3 1-1
H 17 Myers Farm Road 8/29/2017 $1,230,000 0.1 Colonial 3,402 0.82 4 4-1
I 5 Butternut Lane 10/2/1989 $285,000 0.1 Colonial 1,884 0.84 3 2-1
J 25 Tower Brook Road 12/7/2018 $100,078 0.1 Raised Ranch 1,294 0.58 3 2-1
K 83 Cross Street 6/11/1986 $275,000 0.1 Colonial 2,624 0.55 4 2-1
L 27 Tower Brook Road 11/8/2011 $850,000 0.1 Cape Cod 2,883 0.46 3 3-1
M 6 Myers Farm Road 8/27/2018 $1,150,000 0.1 Colonial 2,624 0.87 4 2-1
N 23 Tower Brook Road 1/29/2010 $343,000 0.1 Ranch 1,026 0.5 3 1-0
O 19 Myers Farm Road 9/15/2020 $1,300,000 0.1 Colonial 4,504 1.02 5 3-1
P 68 Cross Street 9/15/2017 $910,000 0.1 Colonial 2,287 0.56 3 3-0
Q 56 Cross Street 10/6/2014 $1 0.1 Colonial 1,810 0.46 4 2-1
R 64 Cross Street 2/28/2024 $849,000 0.1 Ranch 916 0.49 2 2-0
S 12 Myers Farm Road 12/18/2015 $850,000 0.1 Colonial 2,680 1.05 4 2-1
T 74 Cross Street 3/10/2021 $554,000 0.1 Cape Cod 1,238 0.3 2 1-0
U 16 Myers Farm Road 11/4/2010 $100 0.1 Colonial 2,841 1.2 4 2-1
V 21 Tower Brook Road 11/27/1991 $200,000 0.1 Ranch 1,597 0.46 3 2-0
W 78 Cross Street 12/6/2018 $713,000 0.1 Colonial 2,136 0.5 3 2-1
X 84 Cross Street 5/4/2022 $1 0.1 Ranch 1,701 0.17 4 2-0
Y 14 Myers Farm Road 8/12/2009 $1 0.1 Colonial 2,708 1.14 4 2-1
Z 18 Myers Farm Road 10/8/2020 $100 0.1 Colonial 2,568 1.18 4 2-1
- 21 Myers Farm Road 3/16/2022 $1 0.1 Colonial 4,028 0.68 5 4-1
- 3 Butternut Lane 11/21/2005 $1 0.1 Colonial 2,080 0.82 4 2-1
- 4 Taurasi Road 7/13/2001 $253,000 0.1 Bungalow 1,049 0.31 2 1-0
- 26 Tower Brook Road 5/3/2021 $100 0.1 Raised Ranch 1,294 0.46 3 2-1
- 4 Paolo Road 10/15/1963 $1 0.1 Colonial 1,838 0.48 4 1-1
- 28 Tower Brook Road 7/1/1993 $185,500 0.1 Colonial 2,604 0.46 3 1-1
- 24 Tower Brook Road 7/18/2017 $100 0.1 Cape Cod 2,910 0.46 3 2-2
- 3 Taurasi Road 8/5/2019 $10 0.1 Ranch 1,222 0.46 3 2-0
- 19 Tower Brook Road 5/28/2014 $655,000 0.1 Colonial 1,664 0.47 3 1-1
- 4 Melody Lane 11/15/1978 $15,000 0.1 Colonial 1,962 0.55 3 2-0
- 20 Myers Farm Road 3/20/2012 $1 0.1 Colonial 2,870 0.9 4 2-1
- 22 Tower Brook Road 12/28/2018 $100 0.1 Ranch 1,400 0.54 3 2-0
Averages 5556 days $353,534 0.08 --- 2,260 0.62 --- ---  
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
108-0-110 7 Myers Farm Road