3 New Towne Drive, Hingham, MA 02043

3 New Towne Drive Hingham MA 02043
Owner Information
Owner 1
David Lannon & Darleen
Owner 2
Dma Realty Trust
Owner's Address
3 New Towne Drive Hingham, MA 02043
Market Sale Information
Most recent sale date
5/17/2018
Previous sale date
04/09/2010
Transfer document #
49807-0222
Previous transfer document
38407-0254
Grantor
David Lannon
Previous grantor
Bryan F Durand
Most recent sale price
$1.00
Previous sale price
$857,000.00
Site Information
Property ID
70-0-110
Lot Size
0.74
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Cape Cod
Number of Rooms
8
Stories
1.75
Number of Beds
4
Year Built
1987
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2550
Number of Kitchen
Gross Living Area
6379
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
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$618,500.00
Total value
$1,235,700.00
Building value
$617,200.00
Estimated tax
$12,357.00
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 3 New Towne Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1987 Rooms 8 Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 6379 Heating Fuel Hot Water Detached Garage Lot Size 0.74 Roof Cover Asphalt AEM Value - Building $617,200.00 AEM Value - Land $618,500.00 AEM Value - Other $0.00 AEM Value - Total $1,235,700.00
A) 56 Garrison Road 0.5 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
B) 40 Garrison Road 0.6 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
C) 37 Fearing Road 0.6 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
D) 257-R Central Street 0.6 12/14/2023 $1,250,000 1,916 1 $652.40 Raised Ranch 1969 6 3 3 0 3860 Hot Water 0.86 Asphalt $356,400 $631,700 $0 $988,100
E) 17 Water Street 0.6 4/4/2024 $1,375,000 2,074 1.75 $662.97 Cape Cod 1935 8 3 1 1 3788 Hot Water 0.33 Asphalt $378,700 $559,500 $0 $938,200
F) 41 Beal Street 0.8 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
G) 62 Winter Street 0.8 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
H) 15 Park View Drive 0.9 11/15/2023 $1,099,000 1,973 1.75 $557.02 Colonial 1938 8 4 2 1 3628 Hot Water 0.25 Asphalt $325,000 $549,600 $0 $874,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 New Towne Drive 5/17/2018 $1 0 Cape Cod 2,550 0.74 4 3-1 -
  Criteria
A 56 Garrison Road 3/15/2024 $1,110,000 0.5 Colonial 2,278 0.46 3 2-0
B 40 Garrison Road 3/26/2024 $1,325,000 0.6 Cape Cod 2,106 0.83 5 2-1
C 37 Fearing Road 11/16/2023 $2,000,000 0.6 Historical 2,671 0.13 3 3-0
D 257-R Central Street 12/14/2023 $1,250,000 0.6 Raised Ranch 1,916 0.86 3 3-0
E 17 Water Street 4/4/2024 $1,375,000 0.6 Cape Cod 2,074 0.33 3 1-1
F 41 Beal Street 3/19/2024 $1,350,000 0.8 Colonial 2,552 0.44 3 3-1
G 62 Winter Street 12/13/2023 $1,365,000 0.8 Colonial 2,876 1.66 5 2-1
H 15 Park View Drive 11/15/2023 $1,099,000 0.9 Colonial 1,973 0.25 4 2-1
Averages 94 days $1,359,250 0.67 --- 2,306 0.62 --- ---  

Estimation of Market Value - $1,518,921

As of today, 04/29/2024, the estimated market value of 3 New Towne Drive, Hingham considering the above 8 comparable properties is $1,518,921.

 

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
@ 3 New Towne Drive 5/17/2018 $1 0 Cape Cod 2,550 0.74 4 3-1 -
  Criteria
A 5 New Towne Drive 4/12/2021 $2,475,000 0.0 Colonial 4,212 0.82 5 2-1
B 8 Del Prete Drive 9/6/2019 $1,240,000 0.0 Colonial 2,862 0.47 4 3-1
C 10 Del Prete Drive 4/7/2022 $1,450,000 0.0 Colonial 2,340 0.46 4 2-1
D 67 Hersey Street 3/6/1981 $1 0.0 Cape Cod 1,523 0.43 3 2-0
E 6 Del Prete Drive 11/30/2009 $845,000 0.0 Colonial 2,604 0.28 4 3-1
F 77 Hersey Street 1/28/1981 $1 0.0 Conventional 1,538 0.84 2 1-1
G 71 Hersey Street 6/24/2004 $802,000 0.0 Conventional 1,921 0.56 4 3-1
H 4 New Towne Drive 6/3/2010 $818,300 0.0 Colonial 3,036 0.49 3 2-1
I 65 Hersey Street 4/17/2015 $100 0.1 Conventional 1,501 0.48 3 1-1
J 2 New Towne Drive 4/15/1988 $110,000 0.1 Colonial 4,101 0.46 3 3-1
K 12 Del Prete Drive 8/22/2014 $1,500,000 0.1 Colonial 4,084 0.48 5 3-2
L 4 Del Prete Drive 12/30/1996 $1 0.1 Raised Ranch 1,550 0.24 3 2-0
M 73 Hersey Street 1/21/2010 $397,000 0.1 Conventional 1,452 0.16 3 2-0
N 6 New Towne Drive 5/11/2018 $835,000 0.1 Ranch 2,202 0.78 3 2-0
O 75 Hersey Street 8/17/2020 $685,000 0.1 Historical 1,636 0.11 3 2-0
P 14 Del Prete Drive 6/15/2018 $1,075,000 0.1 Colonial 2,048 0.48 4 2-1
Q 5 Del Prete Drive 8/31/1984 $100,000 0.1 Raised Ranch 1,092 0.18 3 2-0
R 85 Hersey Street 7/16/2021 $640,100 0.1 Conventional 1,395 0.5 3 1-0
S 81 Hersey Street 6/18/2021 $1,725,000 0.1 Cape Cod 3,394 0.46 4 2-2
T 61 Hersey Street 6/16/1993 $194,500 0.1 Cape Cod 1,224 0.21 2 2-0
U 3 Del Prete Drive 5/13/2009 $100 0.1 Raised Ranch 1,092 0.2 3 2-0
V 7 New Towne Drive 12/23/2003 $1 0.1 Cape Cod 3,018 0.5 6 3-1
W 9 Del Prete Drive 10/1/2020 $1,225,000 0.1 Colonial 2,268 0.5 4 2-1
X 7 Del Prete Drive 10/28/2022 $1,465,000 0.1 Cape Cod 2,174 1.58 3 2-1
Y 89 Hersey Street 1/8/2021 $1 0.1 Conventional 1,474 1.03 2 2-2
Z 28 Crowes Lane 6/4/2019 $1,055,000 0.1 Cape Cod 2,479 0.29 4 3-0
- 11 Del Prete Drive 3/6/2012 $1,250,000 0.1 Colonial 4,278 0.55 5 4-1
- 57 Hersey Street 4/19/2018 $649,000 0.1 Cape Cod 1,560 0.2 4 2-0
- 74 Hersey Street 10/1/2012 $646,000 0.1 Colonial 2,071 0.25 4 3-0
- 70 Hersey Street 4/2/1999 $340,000 0.1 Conventional 2,537 0.44 4 2-1
- 27 Crowes Lane 9/27/2016 $100 0.1 Bungalow 1,234 0.93 3 1-0
- 55 Hersey Street 7/15/2003 $458,000 0.1 Colonial 2,442 0.29 3 2-1
- 93 Hersey Street $1 0.1 Conventional 1,792 0.5 3 1-0
- 15 Del Prete Drive 1/28/2020 $1 0.1 Colonial 2,568 0.58 4 2-1
- 83 Elm Street 2/1/2007 $1 0.1 Conventional 2,137 0.21 3 1-1
- 53 Hersey Street 5/3/2006 $1 0.1 Cape Cod 1,262 0.18 3 1-1
- 66 Hersey Street 1/17/2018 $972,000 0.1 Colonial 2,860 0.81 4 2-1
- 8 New Towne Drive 5/20/2013 $740,000 0.1 Cape Cod 1,863 1.18 3 3-1
- 97 Hersey Street 2/16/2010 $100 0.1 Duplex 1,604 0.66 4 2-0
- 22 Crowes Lane 3/27/2019 $880,000 0.1 Vacant Land 0.31 -
- 10 New Towne Drive 1/30/1987 $320,180 0.1 Colonial 2,752 0.57 4 3-0
- 51 Hersey Street 3/27/2019 $880,000 0.1 Historical 2,627 0.24 3 2-1
- 75 Elm Street 9/3/2015 $935,000 0.1 Colonial 3,360 0.48 5 2-1
- 86 Elm Street 3/11/1999 $1 0.1 Cape Cod 3,269 0.46 3 1-1
- 62 Hersey Street 8/7/2018 $1 0.1 Historical 3,293 1 4 3-2
- 17 Del Prete Drive 5/17/2004 $879,000 0.1 Colonial 3,590 0.53 5 3-1
- 12 New Towne Drive 1/17/2006 $965,000 0.1 Colonial 2,624 0.62 4 2-0
- 109-R Hersey Street 6/30/2008 $1 0.1 Outbuildings 7 -
- 101 Hersey Street $1 0.1 Service Shop 9,424 0.86 -
Averages 5255 days $582,684 0.08 --- 2,395 0.65 --- ---  
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
70-0-110 3 New Towne Drive