7 South Lane, Hingham, MA 02043

Owner Information
Owner 1
Thomas L P Odonnell & Carol H
Owner 2
Owner's Address
7 South Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
9/9/1966
Previous sale date
Transfer document #
3325-0643
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$1.00
Previous sale price
N/A
Site Information
Property ID
60-0-108
Lot Size
1.14
Use Code
101 - Residential, single family
Zoning
XX
Building Style
Colonial
Number of Rooms
10
Stories
1.9
Number of Beds
5
Year Built
1932
Number of full baths
3
Condition
Number of half baths
1
Finished Area
3320
Number of Kitchen
Gross Living Area
5687
Number of Fireplaces
2
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gambrel
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$644,500.00
Total value
$1,206,400.00
Building value
$561,900.00
Estimated tax
$12,064.00
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 South Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1932 Rooms 10 Bedrooms 5 Full baths 3 Half baths 1 Gross Living Area 5687 Heating Fuel Forced Air-Duc Detached Garage Lot Size 1.14 Roof Cover Wood Shingle AEM Value - Building $561,900.00 AEM Value - Land $644,500.00 AEM Value - Other $0.00 AEM Value - Total $1,206,400.00
A) 37 Fearing Road 0.3 11/16/2023 $2,000,000 2,671 2.75 $748.78 Historical 1884 7 3 3 0 3977 Forced Air-Duc 0.13 Asphalt $572,300 $663,300 $0 $1,235,600
B) 108 Lincoln Street 0.5 4/5/2024 $1,175,000 3,250 2 $361.54 Colonial 1952 9 4 3 1 5257 Hot Water 0.63 Asphalt $485,800 $597,000 $0 $1,082,800
C) 12 Hill Top Road 0.5 11/14/2023 $2,000,000 3,194 2 $626.17 Colonial 2004 8 4 2 1 5481 Hot Water 0.46 Asphalt $793,000 $576,300 $0 $1,369,300
D) 41 Beal Street 0.7 3/19/2024 $1,350,000 2,552 2 $529.00 Colonial 2016 8 3 3 1 4884 Forced Air-Duc 0.44 Asphalt $897,900 $406,700 $0 $1,304,600
E) 62 Winter Street 0.9 12/13/2023 $1,365,000 2,876 2 $474.62 Colonial 1908 10 5 2 1 3972 Hot Water 1.66 Asphalt $339,200 $891,800 $0 $1,231,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 South Lane 9/9/1966 $1 0 Colonial 3,320 1.14 5 3-1 -
  Criteria
A 37 Fearing Road 11/16/2023 $2,000,000 0.3 Historical 2,671 0.13 3 3-0
B 108 Lincoln Street 4/5/2024 $1,175,000 0.5 Colonial 3,250 0.63 4 3-1
C 12 Hill Top Road 11/14/2023 $2,000,000 0.5 Colonial 3,194 0.46 4 2-1
D 41 Beal Street 3/19/2024 $1,350,000 0.7 Colonial 2,552 0.44 3 3-1
E 62 Winter Street 12/13/2023 $1,365,000 0.9 Colonial 2,876 1.66 5 2-1
Averages 107 days $1,578,000 0.59 --- 2,909 0.66 --- ---  

Estimation of Market Value - $1,665,345

As of today, 04/29/2024, the estimated market value of 7 South Lane, Hingham considering the above 5 comparable properties is $1,665,345.

 

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 South Lane 9/9/1966 $1 0 Colonial 3,320 1.14 5 3-1 -
  Criteria
A 6 South Lane 11/19/2019 $1 0.0 Conventional 2,708 0.47 4 2-1
B 30 Hersey Street 2/28/2017 $1,436,000 0.0 Colonial 3,540 1.16 4 2-1
C 142 South Street 9/28/2018 $1,500,000 0.0 Historical 4,033 0.68 5 3-1
D 154 South Street 6/30/2009 $950,000 0.0 Historical 2,852 0.55 4 2-1
E 2 South Lane 10/4/2011 $10 0.1 Historical 2,401 0.65 4 2-1
F 152 South Street 1/12/2023 $500,000 0.1 Historical 2,588 0.67 6 2-0
G 36 Hersey Street 5/10/2021 $1,505,000 0.1 Colonial 2,891 1.18 4 3-1
H 14 South Lane 12/2/2003 $1 0.1 Colonial 4,893 1.15 7 4-1
I 11 South Lane 12/28/2006 $875,000 0.1 Cape Cod 3,445 0.47 4 3-0
J 132 South Street 8/8/1978 $83,000 0.1 Historical 2,320 0.36 3 2-1
K 28 Hersey Street 7/16/2012 $990,000 0.1 Colonial 2,987 0.49 4 2-1
L 20 Hersey Street 4/13/1992 $100 0.1 Conventional 1,828 0.58 4 1-1
M 126 South Street 1/19/2023 $1,100,000 0.1 Historical 2,328 0.22 4 2-1
N 124 South Street 8/2/2017 $1,370,000 0.1 Historical 3,436 0.54 5 3-0
O 38 Hersey Street 4/9/2019 $1 0.1 Conventional 1,989 0.41 3 2-0
P 15 South Lane 10/25/2018 $1 0.1 Conventional 3,711 1.55 3 4-1
Q 143 South Street 10/31/2014 $709,900 0.1 Historical 2,210 0.37 3 1-1
R 120 South Street 7/2/2014 $490,000 0.1 Multi Family 2,576 0.24 4 3-0
S 139 South Street 8/4/2010 $462,500 0.1 Duplex 1,999 0.21 6 2-0
T 149 South Street 12/27/1999 $250,000 0.1 Stores/apt Com 4,628 0.17 0 0-
U 33 Hersey Street 5/10/2016 $0 0.1 Colonial 2,488 0.19 4 2-1
V 9 Lantern Lane 12/17/2019 $795,000 0.1 Cape Cod 1,361 0.25 2 1-1
W 14 Hersey Street 6/15/1969 $1 0.1 Historical 1,890 0.18 4 1-1
X 12 Hersey Street 5/3/2016 $550,000 0.1 Historical 2,349 0.54 4 3-1
Y 40-B Hersey Street 9/30/2005 $992,500 0.1 Colonial 3,915 0.34 5 3-1
Z 40 Hersey Street 6/2/2023 $1,450,000 0.1 Colonial 2,183 0.23 4 2-1
- 40-A Hersey Street 8/15/2003 $280,000 0.1 Conventional 1,560 0.28 3 1-1
- 118 South Street 8/18/2020 $1,840,000 0.1 Historical 4,065 0.34 3 2-1
- 15 Lantern Lane 7/15/2021 $1,626,000 0.1 Colonial 2,644 0.22 4 2-0
- 35 Hersey Street 5/25/1982 $1 0.1 Ranch 1,221 0.2 3 1-0
- 131 South Street 4/26/2006 $1 0.1 Colonial 4,025 0.69 4 3-1
- 172 South Street 6/29/2007 $965,000 0.1 Historical 3,694 0.28 5 2-1
- 123 South Street 9/12/2018 $100 0.1 Ranch 896 0.12 2 1-0
- 21 Hersey Street 8/5/2022 $1,055,000 0.1 Historical 1,694 0.29 3 2-1
- 2 Hull Street 6/11/1982 $1 0.1 Vacant Land 0.15 -
- 19 Hersey Street 3/8/2023 $1,300,000 0.1 Historical 2,101 0.29 3 1-1
- 42 Hersey Street 6/21/2004 $681,900 0.1 Conventional 3,078 0.23 4 3-0
- 1 Crowes Lane 10/29/2019 $834,000 0.1 Colonial 2,805 0.18 4 2-1
- 5 Lantern Lane 6/12/2020 $100 0.1 Historical 1,267 0.22 3 1-1
- 17 Hersey Street 10/16/2020 $780,000 0.1 Historical 2,340 0.28 3 3-0
- 37 Hersey Street 8/2/2021 $1,472,000 0.1 Cape Cod 2,816 0.33 4 3-0
- 119 South Street 2/19/2019 $100 0.1 Multi Family 1,664 0.13 4 2-0
- 2 Forget-Me-Not Lane 9/28/2016 $575,000 0.1 Multi Family 1,600 0.14 4 2-0
- 8 Hersey Street 1/17/2018 $722,000 0.1 Conventional 1,804 0.11 4 1-1
- 19 Lantern Lane 11/16/2021 $1,350,000 0.1 Cape Cod 1,537 0.18 3 2-0
- 1 Forget-Me-Not Lane 3/28/2016 $560,000 0.1 Multi Family 1,600 0.1 4 2-0
- 7 Bates Way 8/13/2009 $850,000 0.1 Historical 3,120 0.48 3 2-1
- 214 North Street 3/8/1985 $90,000 0.1 Historical 3,568 0.28 7 2-0
- 114 South Street 1/11/1999 $1 0.1 Cape Cod 2,629 0.22 3 2-1
- 12 Lantern Lane 8/29/2022 $1,705,000 0.1 Cape Cod 3,246 0.23 4 2-1
- 46-R Hersey Street 9/16/2020 $1,700,000 0.1 Vacant Land 0.29 -
- 46 Hersey Street 9/16/2020 $1,700,000 0.1 Conventional 3,584 0.51 4 3-1
- 0 South Street 9/12/1981 $1 0.1 Vacant Land 0.19 -
- 25 Hersey Street 9/16/2013 $1,400,000 0.1 Historical 3,428 0.81 4 4-1
- 41 Hersey Street 5/22/2019 $1,225,000 0.1 Historical 2,320 0.29 4 3-1
- 200 North Street 2/23/2015 $100 0.1 Conventional 2,172 0.2 3 3-0
- 13 Hersey Street 3/31/2000 $375,000 0.1 Historical 2,844 0.59 3 3-1
- 202 North Street 8/14/2020 $850,000 0.1 Conventional 1,936 0.25 4 3-0
- 27 Hersey Street 8/19/2020 $2,427,027 0.1 Colonial 4,098 0.79 4 3-1
Averages 4657 days $718,175 0.10 --- 2,524 0.4 --- ---  
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
60-0-108 7 South Lane