556 Main Street, Hingham, MA 02043

556 Main Street Hingham MA 02043
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Owner Information
Owner 1
Paul S Foti
Owner 2
Paul S Foti Trust
Owner's Address
P O Box 404 Hingham, MA 02043
Market Sale Information
Most recent sale date
5/2/2011
Previous sale date
05/27/1999
Transfer document #
39894-0235
Previous transfer document
17501-0230
Grantor
James W Macallen
Previous grantor
Charles C J Eaton
Most recent sale price
$1,500,000.00
Previous sale price
$1,002,200.00
Site Information
Property ID
109-0-4
Lot Size
1.69
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1975
Number of full baths
3
Condition
Number of half baths
1
Finished Area
3496
Number of Kitchen
Gross Living Area
5616
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Hip
Heating type
Electric
Roof Cover
Asphalt
Heating fuel
Radiant-Elec.
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$549,700.00
Total value
$1,442,200.00
Building value
$892,500.00
Estimated tax
$14,422.00
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 556 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $429.06 Style Colonial Age 1975 Rooms 8 Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 5616 Heating Fuel Radiant-Elec. Detached Garage Lot Size 1.69 Roof Cover Asphalt AEM Value - Building $892,500.00 AEM Value - Land $549,700.00 AEM Value - Other $0.00 AEM Value - Total $1,442,200.00
A) 16 Crooked Meadow Lane 0.4 3/22/2024 $1,384,750 3,544 2 $390.73 Colonial 1972 10 4 2 1 6058 Forced Air-Duc 4.45 Wood Shingle $652,400 $735,800 $0 $1,388,200
B) 30 Arnold Road 0.5 1/31/2024 $1,809,000 4,229 1.75 $427.76 Conventional 1957 12 4 4 1 8073 Hot Water 0.87 Asphalt $739,200 $633,400 $0 $1,372,600
C) 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
D) 187 Union Street 0.7 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
E) 192 Union Street 0.7 4/5/2024 $1,799,000 3,756 1.9 $478.97 Conventional 2015 8 3 2 1 6905 Forced Air-Duc 0.7 Asphalt $1,155,100 $485,800 $0 $1,640,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 556 Main Street 5/2/2011 $1,500,000 0 Colonial 3,496 1.69 4 3-1 -
  Criteria
A 16 Crooked Meadow Lane 3/22/2024 $1,384,750 0.4 Colonial 3,544 4.45 4 2-1
B 30 Arnold Road 1/31/2024 $1,809,000 0.5 Conventional 4,229 0.87 4 4-1
C 9 Fontainbleau Drive 3/4/2024 $2,350,000 0.6 Colonial 3,084 0.54 4 3-1
D 187 Union Street 3/28/2024 $1,215,000 0.7 Contemporary 3,341 1.68 4 2-1
E 192 Union Street 4/5/2024 $1,799,000 0.7 Conventional 3,756 0.7 3 2-1
Averages 69 days $1,711,550 0.57 --- 3,591 1.65 --- ---  

Estimation of Market Value - $1,701,553

As of today, 05/20/2024, the estimated market value of 556 Main Street, Hingham considering the above 5 comparable properties is $1,701,553.

 

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
@ 556 Main Street 5/2/2011 $1,500,000 0 Colonial 3,496 1.69 4 3-1 -
  Criteria
A 28-R Free Street 7/13/1983 $1 0.1 Vacant Land 6.39 -
B 540 Main Street 4/16/2015 $1 0.1 Colonial 2,816 17.11 4 2-1
Averages 9122 days $1 0.11 --- 1,408 11.75 --- ---  
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
109-0-4 556 Main Street