41 Water Street, Hingham, MA 02043

Owner Information
Owner 1
Samuel George Bitetti & Christine Ann
Owner 2
Owner's Address
41 Water Street Hingham, MA 02043
Market Sale Information
Most recent sale date
7/22/2020
Previous sale date
09/04/2018
Transfer document #
53115-125
Previous transfer document
50251-52
Grantor
Mary Ellen Hewins
Previous grantor
Paul Hewins
Most recent sale price
$1,470,000.00
Previous sale price
$100.00
Site Information
Property ID
62-0-19
Lot Size
2.4
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Cape Cod
Number of Rooms
9
Stories
1.9
Number of Beds
3
Year Built
1998
Number of full baths
2
Condition
Number of half baths
1
Finished Area
3246
Number of Kitchen
Gross Living Area
7426
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Shed
Heating type
Oil
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$838,800.00
Total value
$1,675,300.00
Building value
$836,500.00
Estimated tax
$16,753.00
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 41 Water Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $452.87 Style Cape Cod Age 1998 Rooms 9 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 7426 Heating Fuel Hot Water Detached Garage Lot Size 2.4 Roof Cover Asphalt AEM Value - Building $836,500.00 AEM Value - Land $838,800.00 AEM Value - Other $0.00 AEM Value - Total $1,675,300.00
A) 62 Winter Street 0.5 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
B) 71 Lincoln Street 0.7 4/30/2024 $1,920,000 2,618 2 $733.38 Historical 1850 10 4 2 1 5654 Forced Air-Duc 0.55 Asphalt $753,100 $813,000 $0 $1,566,100
C) 108 Lincoln Street 0.8 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
D) 29 Jones Street 0.9 1/4/2024 $100,000 3,213 2 $31.12 Colonial 1910 9 3 2 1 4737 Hot Water 4.6 Asphalt $589,300 $585,800 $0 $1,175,100
E) 5 Eastgate Lane 0.9 3/27/2024 $1,520,000 3,312 2 $458.94 Colonial 1962 11 4 3 0 6254 Hot Water 0.59 Wood Shingle $619,700 $720,900 $0 $1,340,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 41 Water Street 7/22/2020 $1,470,000 0 Cape Cod 3,246 2.4 3 2-1 -
  Criteria
A 62 Winter Street 12/13/2023 $1,365,000 0.5 Colonial 2,876 1.66 5 2-1
B 71 Lincoln Street 4/30/2024 $1,920,000 0.7 Historical 2,618 0.55 4 2-1
C 108 Lincoln Street 4/5/2024 $1,175,000 0.8 Colonial 3,250 0.63 4 3-1
D 29 Jones Street 1/4/2024 $100,000 0.9 Colonial 3,213 4.6 3 2-1
E 5 Eastgate Lane 3/27/2024 $1,520,000 0.9 Colonial 3,312 0.59 4 3-0
Averages 83 days $1,216,000 0.77 --- 3,054 1.61 --- ---  

Estimation of Market Value - $1,442,581

As of today, 05/19/2024, the estimated market value of 41 Water Street, Hingham considering the above 5 comparable properties is $1,442,581.

 

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
@ 41 Water Street 7/22/2020 $1,470,000 0 Cape Cod 3,246 2.4 3 2-1 -
  Criteria
A 39 Water Street 4/28/2020 $100 0.0 Conventional 2,516 0.27 5 3-1
B 9 Eldridge Court 6/30/2022 $1,250,000 0.1 Colonial 1,317 0.45 3 2-0
C 29 Water Street 10/24/2017 $100 0.1 Historical 2,802 1.16 4 2-1
D 2 Hull Street 6/11/1982 $1 0.1 Vacant Land 0.15 -
E 27 Water Street 3/2/1994 $240,000 0.1 Historical 3,136 0.22 6 2-2
F 24 Water Street 3/31/2017 $1,550,000 0.1 Historical 4,001 0.78 4 3-1
G 9 Green Street 10/18/2019 $762,000 0.1 Historical 1,222 0.26 3 1-1
H 182-R Main Street 12/6/1960 $1 0.1 Vacant Land 6.84 -
I 14 Eldridge Court 9/11/2012 $275,000 0.1 Colonial 1,014 0.28 2 1-0
J 16 Eldridge Court 7/10/2023 $2,150,000 0.1 Cape Cod 1,382 0.25 4 1-0
K 18 Eldridge Court 5/17/2021 $1 0.1 Cape Cod 1,248 0.46 2 1-1
L 11 Green Street 8/11/2003 $1 0.1 Conventional 1,509 0.11 4 2-0
M 19 Water Street 4/6/2007 $871,000 0.1 Historical 2,290 1.3 5 2-1
N 22 Water Street 1/31/1995 $224,000 0.1 Historical 1,547 0.17 4 2-0
O 6 Eldridge Court 4/13/1989 $1 0.1 Conventional 1,085 0.16 3 1-1
P 22 Eldridge Court 11/17/2023 $1,175,000 0.1 Conventional 1,859 0.24 3 2-1
Q 15 Green Street 10/29/1982 $70,500 0.1 Historical 1,302 0.09 3 1-0
R 20 Water Street 12/30/2020 $900,000 0.1 Conventional 1,574 0.16 3 1-1
S 17 Water Street 4/4/2024 $1,375,000 0.1 Cape Cod 2,074 0.33 3 1-1
Averages 6215 days $570,669 0.10 --- 1,678 0.72 --- ---  
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
62-0-19 41 Water Street