530 Main Street, Hingham, MA 02043

530 Main Street Hingham MA 02043
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Owner Information
Owner 1
Daniel R Palese & Jill E
Owner 2
Owner's Address
530 Main Street Hingham, MA 02043
Market Sale Information
Most recent sale date
6/16/2008
Previous sale date
07/28/2004
Transfer document #
36080-0259
Previous transfer document
28749-0126
Grantor
Andrew P Cerussi
Previous grantor
James Balfour
Most recent sale price
$535,000.00
Previous sale price
$538,500.00
Site Information
Property ID
108-0-54
Lot Size
0.94
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Contemporary
Number of Rooms
6
Stories
1
Number of Beds
3
Year Built
1945
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2798
Number of Kitchen
Gross Living Area
5848
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
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$532,500.00
Total value
$943,400.00
Building value
$410,900.00
Estimated tax
$9,434.00
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 530 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $191.21 Style Contemporary Age 1945 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 5848 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.94 Roof Cover Asphalt AEM Value - Building $410,900.00 AEM Value - Land $532,500.00 AEM Value - Other $0.00 AEM Value - Total $943,400.00
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 0.1 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 0.4 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) 9 Fontainbleau Drive 0.6 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
F) 110 High Street 0.8 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
G) 40 Garrison Road 0.8 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
H) 187 Union Street 0.8 3/28/2024 $1,215,000 3,341 1.5 $363.66 Contemporary 1979 9 4 2 1 6338 Forced Air-Duc 1.68 Asphalt $765,500 $522,000 $0 $1,287,500
I) 56 Garrison Road 0.8 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 530 Main Street 6/16/2008 $535,000 0 Contemporary 2,798 0.94 3 2-0 -
  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 0.1 Cape Cod 2,127 0.38 3 2-1
C 15 South Bradford Road 11/28/2023 $1,100,000 0.4 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 9 Fontainbleau Drive 3/4/2024 $2,350,000 0.6 Colonial 3,084 0.54 4 3-1
F 110 High Street 3/28/2024 $975,000 0.8 Colonial 2,208 0.48 4 1-1
G 40 Garrison Road 3/26/2024 $1,325,000 0.8 Cape Cod 2,106 0.83 5 2-1
H 187 Union Street 3/28/2024 $1,215,000 0.8 Contemporary 3,341 1.68 4 2-1
I 56 Garrison Road 3/15/2024 $1,110,000 0.8 Colonial 2,278 0.46 3 2-0
Averages 78 days $1,302,778 0.56 --- 2,436 0.85 --- ---  

Estimation of Market Value - $1,310,787

As of today, 05/08/2024, the estimated market value of 530 Main Street, Hingham considering the above 9 comparable properties is $1,310,787.

 

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
@ 530 Main Street 6/16/2008 $535,000 0 Contemporary 2,798 0.94 3 2-0 -
  Criteria
A 15 Merrymount Road 3/28/2008 $1 0.0 Cape Cod 2,079 0.61 4 3-0
B 21 Merrymount Road 4/15/2009 $582,500 0.0 Cape Cod 2,426 0.57 4 2-1
C 526 Main Street 5/2/2018 $1 0.0 Ranch 1,628 0.52 2 1-0
D 528 Main Street 10/24/2018 $1 0.1 Historical 1,785 0.64 3 1-0
E 25 Merrymount Road 7/7/2020 $100 0.1 Cape Cod 2,495 0.41 3 3-0
F 518 Main Street 8/15/1975 $35,000 0.1 Historical 1,556 1.06 3 1-1
G 532 Main Street 6/2/2023 $1,435,000 0.1 Historical 3,202 0.52 4 3-1
H 11 Merrymount Road 6/2/2015 $1 0.1 Cape Cod 1,593 0.2 3 2-0
I 7 Merrymount Road 5/17/2016 $100 0.1 Cape Cod 1,580 0.19 3 2-0
J 536 Main Street 12/15/2017 $100 0.1 Historical 1,940 0.65 3 1-1
K 29 Merrymount Road 7/12/2011 $1 0.1 Cape Cod 1,152 0.77 2 1-0
L 20 Merrymount Road 1/18/2006 $1 0.1 Cape Cod 1,666 0.17 3 2-0
M 16 Merrymount Road 5/4/1994 $143,000 0.1 Cape Cod 1,870 0.17 5 3-0
N 22 Merrymount Road 6/17/2021 $650,000 0.1 Ranch 905 0.17 2 1-0
O 514 Main Street 11/1/2006 $660,000 0.1 Historical 3,530 0.41 4 3-1
P 12 Merrymount Road 7/31/2023 $1,015,000 0.1 Cape Cod 2,148 0.17 3 2-0
Q 24 Merrymount Road 7/22/2009 $425,000 0.1 Split-level 1,539 0.18 3 3-0
R 8 Merrymount Road 6/20/2023 $1,055,000 0.1 Cape Cod 1,614 0.18 3 2-0
S 30 Merrymount Road 6/25/2021 $1,006,000 0.1 Colonial 2,223 0.28 5 1-1
T 4 Wilder Road 9/1/2022 $1,600,000 0.1 Cape Cod 2,109 0.85 4 2-1
U 504 Main Street 8/12/2003 $1 0.1 Conventional 1,292 0.58 2 1-0
V 508 Main Street 5/1/2020 $750,000 0.1 Historical 1,946 0.4 3 2-0
W 531 Main Street 12/4/2023 $975,000 0.1 Ranch 2,361 0.46 3 2-0
X 506 Main Street 5/2/2003 $830,000 0.1 Historical 2,652 0.57 3 3-0
Y 3 Wilder Road 11/21/2016 $609,375 0.1 Conventional 3,060 0.33 5 3-1
Z 9 Marshall Road 10/20/2004 $265,000 0.1 Ranch 900 0.2 3 1-0
- 7 Marshall Road 4/11/2016 $1 0.1 Ranch 1,311 0.21 3 1-1
- 11 Marshall Road 3/22/2024 $1,625,000 0.1 Cape Cod 2,127 0.38 3 2-1
- 537 Main Street 5/7/1999 $1 0.1 Vacant Land 0.46 -
- 540 Main Street 4/16/2015 $1 0.1 Colonial 2,816 17.11 4 2-1
Averages 4111 days $455,373 0.08 --- 1,917 0.98 --- ---  
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
108-0-54 530 Main Street