557 Main Street, Hingham, MA 02043

Owner Information
Owner 1
James P Mitchell & Jo Ann C
Owner 2
Owner's Address
557 Main Street Hingham, MA 02043
Market Sale Information
Most recent sale date
9/15/1977
Previous sale date
Transfer document #
4321-0206
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$107,000.00
Previous sale price
N/A
Site Information
Property ID
108-0-48
Lot Size
0.78
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Historical
Number of Rooms
10
Stories
1.5
Number of Beds
3
Year Built
1690
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2562
Number of Kitchen
Gross Living Area
4296
Number of Fireplaces
6
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Oil
Roof Cover
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$519,100.00
Total value
$1,133,900.00
Building value
$614,800.00
Estimated tax
$11,339.00
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 557 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $41.76 Style Historical Age 1690 Rooms 10 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 4296 Heating Fuel Hot Water Detached Garage Lot Size 0.78 Roof Cover Wood Shingle AEM Value - Building $614,800.00 AEM Value - Land $519,100.00 AEM Value - Other $0.00 AEM Value - Total $1,133,900.00
A) 531 Main Street 0.1 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 0.3 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) 15 South Bradford Road 0.5 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
D) 117 Free Street 0.5 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
E) 110 High Street 0.6 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
F) 3 Pleasant Street 0.7 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
G) 9 Fontainbleau Drive 0.8 3/4/2024 $2,350,000 3,084 2 $762.00 Colonial 1978 9 4 3 1 5228 Forced Air-Duc 0.54 Asphalt $926,800 $490,400 $0 $1,417,200
H) 56 Garrison Road 1.0 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) 11 South Pleasant Street 1.0 12/15/2023 $1,560,000 2,895 2 $538.86 Colonial 1993 9 3 2 1 5086 Hot Water 0.92 Wood Shingle $634,200 $638,400 $0 $1,272,600
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
@ 557 Main Street 9/15/1977 $107,000 0 Historical 2,562 0.78 3 2-1 -
  Criteria
A 531 Main Street 12/4/2023 $975,000 0.1 Ranch 2,361 0.46 3 2-0
B 11 Marshall Road 3/22/2024 $1,625,000 0.3 Cape Cod 2,127 0.38 3 2-1
C 15 South Bradford Road 11/28/2023 $1,100,000 0.5 Colonial 2,124 0.78 4 1-2
D 117 Free Street 2/16/2024 $1,050,000 0.5 Colonial 2,294 2.08 4 2-0
E 110 High Street 3/28/2024 $975,000 0.6 Colonial 2,208 0.48 4 1-1
F 3 Pleasant Street 5/13/2024 $1,400,000 0.7 Historical 2,254 0.76 4 2-0
G 9 Fontainbleau Drive 3/4/2024 $2,350,000 0.8 Colonial 3,084 0.54 4 3-1
H 56 Garrison Road 3/15/2024 $1,110,000 1.0 Colonial 2,278 0.46 3 2-0
I 11 South Pleasant Street 12/15/2023 $1,560,000 1.0 Colonial 2,895 0.92 3 2-1
J 40 Garrison Road 3/26/2024 $1,325,000 1.0 Cape Cod 2,106 0.83 5 2-1
Averages 88 days $1,347,000 0.65 --- 2,373 0.77 --- ---  

Estimation of Market Value - $1,429,696

As of today, 05/17/2024, the estimated market value of 557 Main Street, Hingham considering the above 10 comparable properties is $1,429,696.

 

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
@ 557 Main Street 9/15/1977 $107,000 0 Historical 2,562 0.78 3 2-1 -
  Criteria
A 549 Main Street 5/3/2007 $655,000 0.0 Cape Cod 2,050 1.5 3 3-1
B 565 Main Street 5/21/2018 $1 0.0 Historical 2,586 0.99 4 2-1
C 543 Main Street 3/7/1991 $100 0.0 Vacant Land 1.64 -
D 567 Main Street 7/31/1998 $361,350 0.0 Historical 2,315 1.2 2 2-0
E 562 Main Street 5/30/2019 $2,672,000 0.1 Historical 4,196 1.18 5 5-1
F 566 Main Street 4/28/2022 $1,554,000 0.1 Colonial 3,276 0.78 4 2-1
G 573 Main Street 3/3/2008 $729,000 0.1 Historical 2,697 0.53 5 3-1
H 17 Woodbridge Road 4/27/2007 $1 0.1 Colonial 3,516 0.47 3 2-2
I 16 Woodbridge Road 7/29/2009 $100 0.1 Colonial 2,720 1 4 2-1
J 6 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0.46 -
K 4 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0.46 -
L 577 Main Street 11/3/2011 $1 0.1 Colonial 2,347 0.5 3 2-0
M 8 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0 -
N 537 Main Street 5/7/1999 $1 0.1 Vacant Land 0.46 -
O 574 Main Street 12/26/1957 $1 0.1 Historical 2,036 0.48 3 2-0
P 15 Woodbridge Road 4/22/1993 $410,000 0.1 Colonial 3,474 0.47 4 2-1
Q 10 Tower Brook Road 12/1/2016 $5,330 0.1 Vacant Land 0.49 -
R 0 Main Street $1 0.1 Vacant Land 0.09 -
S 570 Main Street 11/23/2015 $729,000 0.1 Historical 2,352 1.42 3 2-1
T 14 Woodbridge Road 12/14/2011 $905,000 0.1 Colonial 4,306 1.14 4 4-0
U 0 Tower Brook Road-Off $1 0.1 Vacant Land 0.08 -
V 12 Tower Brook Road 8/1/1983 $100,000 0.1 Ranch 1,402 0.48 3 1-1
W 3 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0 -
X 5 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0.46 -
Y 13 Woodbridge Road 4/22/1993 $410,000 0.1 Vacant Land 0.46 -
Z 531 Main Street 12/4/2023 $975,000 0.1 Ranch 2,361 0.46 3 2-0
- 7 Tower Brook Road 11/10/2016 $5,200 0.1 Vacant Land 0.46 -
- 14 Tower Brook Road 4/23/2001 $292,000 0.1 Ranch 1,144 0.48 3 1-1
- 578 Main Street $1 0.1 Churches 10,791 1.98 0 0-
Averages 7425 days $338,038 0.09 --- 1,847 0.69 --- ---  
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
108-0-48 557 Main Street