525 Main Street, Hingham, MA 02043

Owner Information
Owner 1
Dana W McNally & Nicole T
Owner 2
Owner's Address
525 Main Street Hingham, MA 02043
Market Sale Information
Most recent sale date
11/28/2018
Previous sale date
04/05/2007
Transfer document #
50564-83
Previous transfer document
34347-0002
Grantor
Richard C Walsh
Previous grantor
Irwin H Hosea
Most recent sale price
$1,125,000.00
Previous sale price
$824,000.00
Site Information
Property ID
108-0-82
Lot Size
1.43
Use Code
101 - Residential, single family
Zoning
XX
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1970
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2697
Number of Kitchen
Gross Living Area
5213
Number of Fireplaces
2
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
$543,700.00
Total value
$1,378,000.00
Building value
$834,300.00
Estimated tax
$13,780.00
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 525 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $417.13 Style Colonial Age 1970 Rooms 8 Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 5213 Heating Fuel Hot Water Detached Garage Lot Size 1.43 Roof Cover Asphalt AEM Value - Building $834,300.00 AEM Value - Land $543,700.00 AEM Value - Other $0.00 AEM Value - Total $1,378,000.00
A) 531 Main Street 0.0 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 0.2 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 0.6 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 0.7 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) 9 Fontainbleau Drive 0.7 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
G) 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
H) 40 Garrison Road 0.9 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
I) 187 Union Street 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 525 Main Street 11/28/2018 $1,125,000 0 Colonial 2,697 1.43 4 2-1 -
  Criteria
A 531 Main Street 12/4/2023 $975,000 0.0 Ranch 2,361 0.46 3 2-0
B 11 Marshall Road 3/22/2024 $1,625,000 0.2 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 0.6 Colonial 2,294 2.08 4 2-0
E 110 High Street 3/28/2024 $975,000 0.7 Colonial 2,208 0.48 4 1-1
F 9 Fontainbleau Drive 3/4/2024 $2,350,000 0.7 Colonial 3,084 0.54 4 3-1
G 56 Garrison Road 3/15/2024 $1,110,000 0.8 Colonial 2,278 0.46 3 2-0
H 40 Garrison Road 3/26/2024 $1,325,000 0.9 Cape Cod 2,106 0.83 5 2-1
I 187 Union Street 3/28/2024 $1,215,000 0.9 Contemporary 3,341 1.68 4 2-1
Averages 73 days $1,302,778 0.60 --- 2,436 0.85 --- ---  

Estimation of Market Value - $1,542,937

As of today, 05/04/2024, the estimated market value of 525 Main Street, Hingham considering the above 9 comparable properties is $1,542,937.

 

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
@ 525 Main Street 11/28/2018 $1,125,000 0 Colonial 2,697 1.43 4 2-1 -
  Criteria
A 3 Tower Brook Road 5/7/1999 $1 0.0 Vacant Land 0 -
B 521 Main Street 6/20/2006 $1 0.0 Historical 3,060 1.93 4 2-1
C 5 Tower Brook Road 5/7/1999 $1 0.0 Vacant Land 0.46 -
D 531 Main Street 12/4/2023 $975,000 0.0 Ranch 2,361 0.46 3 2-0
E 7 Tower Brook Road 11/10/2016 $5,200 0.1 Vacant Land 0.46 -
F 515 Main Street 11/14/2017 $1 0.1 Conventional 3,407 1.4 4 3-0
G 4 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0.46 -
H 537 Main Street 5/7/1999 $1 0.1 Vacant Land 0.46 -
I 6 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0.46 -
J 29 Myers Farm Road 1/27/2023 $2,250,000 0.1 Colonial 4,094 1.64 4 5-0
K 9 Tower Brook Road 3/19/2004 $1 0.1 Ranch 1,170 0.46 2 1-1
L 8 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0 -
M 528 Main Street 10/24/2018 $1 0.1 Historical 1,785 0.64 3 1-0
N 526 Main Street 5/2/2018 $1 0.1 Ranch 1,628 0.52 2 1-0
O 31 Myers Farm Road 6/14/2012 $1 0.1 Colonial 2,722 0.92 4 3-0
P 532 Main Street 6/2/2023 $1,435,000 0.1 Historical 3,202 0.52 4 3-1
Q 514 Main Street 11/1/2006 $660,000 0.1 Historical 3,530 0.41 4 3-1
R 536 Main Street 12/15/2017 $100 0.1 Historical 1,940 0.65 3 1-1
S 518 Main Street 8/15/1975 $35,000 0.1 Historical 1,556 1.06 3 1-1
T 543 Main Street 3/7/1991 $100 0.1 Vacant Land 1.64 -
U 10 Tower Brook Road 12/1/2016 $5,330 0.1 Vacant Land 0.49 -
V 507 Main Street 12/1/2023 $2,400,000 0.1 Historical 4,541 2.27 5 4-1
W 27 Myers Farm Road 9/6/2019 $1,200,000 0.1 Colonial 2,624 0.73 4 2-1
X 7 Merrymount Road 5/17/2016 $100 0.1 Cape Cod 1,580 0.19 3 2-0
Y 11 Tower Brook Road 4/29/2019 $1,115,000 0.1 Colonial 3,040 0.51 3 2-1
Z 508 Main Street 5/1/2020 $750,000 0.1 Historical 1,946 0.4 3 2-0
- 0 Tower Brook Road-Off $1 0.1 Vacant Land 0.08 -
- 12 Tower Brook Road 8/1/1983 $100,000 0.1 Ranch 1,402 0.48 3 1-1
- 30 Myers Farm Road 7/30/2010 $949,250 0.1 Colonial 2,918 0.52 4 3-1
- 0 Main Street $1 0.1 Vacant Land 0.09 -
- 33 Myers Farm Road 9/24/2021 $1,625,000 0.1 Colonial 3,100 1.12 4 2-1
- 11 Merrymount Road 6/2/2015 $1 0.1 Cape Cod 1,593 0.2 3 2-0
- 549 Main Street 5/3/2007 $655,000 0.1 Cape Cod 2,050 1.5 3 3-1
- 8 Merrymount Road 6/20/2023 $1,055,000 0.1 Cape Cod 1,614 0.18 3 2-0
Averages 5104 days $447,503 0.09 --- 1,672 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
108-0-82 525 Main Street