248 South Street, Hingham, MA 02043

248 South Street Hingham MA 02043
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Owner Information
Owner 1
Matti Veikko Kalevi Makela & Nicole Elizabeth
Owner 2
Owner's Address
248 South Street Hingham, MA 02043
Market Sale Information
Most recent sale date
6/16/2021
Previous sale date
08/23/2012
Transfer document #
55155-331
Previous transfer document
41840-0047
Grantor
Charles W Whitlock
Previous grantor
Marc B Mandler
Most recent sale price
$2,311,000.00
Previous sale price
$1,138,800.00
Site Information
Property ID
70-0-18
Lot Size
0.83
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Historical
Number of Rooms
12
Stories
2
Number of Beds
4
Year Built
1812
Number of full baths
3
Condition
Number of half baths
2
Finished Area
3803
Number of Kitchen
Gross Living Area
6731
Number of Fireplaces
8
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Hip
Heating type
Gas
Roof Cover
Asphalt
Heating fuel
Radiant-Water
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$497,600.00
Total value
$2,080,300.00
Building value
$1,582,700.00
Estimated tax
$20,803.00
Yard improvement value
$0.00
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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 248 South Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $607.68 Style Historical Age 1812 Rooms 12 Bedrooms 4 Full baths 3 Half baths 2 Gross Living Area 6731 Heating Fuel Radiant-Water Detached Garage Lot Size 0.83 Roof Cover Asphalt AEM Value - Building $1,582,700.00 AEM Value - Land $497,600.00 AEM Value - Other $0.00 AEM Value - Total $2,080,300.00
A) 19 Del Prete Drive 0.2 11/28/2023 $2,510,000 4,178 2 $600.77 Colonial 1986 10 5 3 1 7199 Hot Water 0.63 Asphalt $838,900 $603,600 $0 $1,442,500
B) 12 Hill Top Road 0.4 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
C) 108 Lincoln Street 0.6 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) 235 Main Street 0.9 11/6/2023 $2,437,500 4,153 2 $586.93 Historical 1809 12 5 3 2 7030 Forced Air-Duc 2.63 Asphalt $1,348,400 $942,700 $0 $2,291,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 248 South Street 6/16/2021 $2,311,000 0 Historical 3,803 0.83 4 3-2 -
  Criteria
A 19 Del Prete Drive 11/28/2023 $2,510,000 0.2 Colonial 4,178 0.63 5 3-1
B 12 Hill Top Road 11/14/2023 $2,000,000 0.4 Colonial 3,194 0.46 4 2-1
C 108 Lincoln Street 4/5/2024 $1,175,000 0.6 Colonial 3,250 0.63 4 3-1
D 235 Main Street 11/6/2023 $2,437,500 0.9 Historical 4,153 2.63 5 3-2
Averages 127 days $2,030,625 0.52 --- 3,694 1.09 --- ---  

Estimation of Market Value - $2,411,173

As of today, 04/26/2024, the estimated market value of 248 South Street, Hingham considering the above 4 comparable properties is $2,411,173.

 

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
@ 248 South Street 6/16/2021 $2,311,000 0 Historical 3,803 0.83 4 3-2 -
  Criteria
A 2 Bishops Lane 9/17/2012 $860,000 0.0 Colonial 2,780 0.52 4 3-0
B 256 South Street 5/18/2016 $1,170,000 0.0 Historical 3,902 1.53 5 2-2
C 247 South Street 7/23/2018 $1 0.0 Colonial 2,195 0.49 3 1-1
D 241 South Street 6/29/2014 $643,000 0.0 Apt House 3,258 0.25 6 4-0
E 234 South Street 6/15/2018 $775,000 0.0 Historical 3,056 0.37 5 3-0
F 237 South Street 10/27/2022 $100 0.1 Historical 4,500 0.36 5 3-2
G 6 Bishops Lane 3/31/2021 $1,650,000 0.1 Colonial 2,703 0.97 4 2-1
H 2 Hull Street 6/11/1982 $1 0.1 Vacant Land 0.15 -
I 257 South Street 8/11/2010 $1 0.1 Vacant Land 0.75 -
J 228 South Street 8/1/2003 $505,000 0.1 Historical 1,857 0.57 3 1-1
K 227 South Street 9/29/2017 $782,500 0.1 Historical 3,270 0.35 5 3-0
L 262 South Street 9/11/1991 $305,000 0.1 Colonial 3,926 0.74 5 2-1
M 16 Bishops Lane 10/30/2019 $1 0.1 Colonial 3,024 2.32 5 4-0
N 226 South Street 7/12/2012 $415,000 0.1 Ranch 952 0.73 2 1-0
O 264 South Street 10/13/2016 $1,400,000 0.1 Colonial 3,688 1.44 4 3-2
P 0-R South Street 11/8/2002 $1 0.1 Vacant Land 0 -
Q 263 South Street 8/25/2017 $10,000 0.1 Vacant Land 0.25 -
R 224 South Street 7/7/2023 $550,000 0.1 Cape Cod 840 0.13 2 1-0
S 222 South Street 5/31/2012 $885,000 0.1 Historical 2,678 0.5 4 3-0
T 0 Bishops Lane 10/30/2019 $1 0.1 Vacant Land 0.94 -
U 266 South Street 8/15/1991 $296,420 0.1 Colonial 3,344 0.96 4 2-2
V 267 South Street 9/9/1961 $1 0.1 Colonial 2,813 0.2 4 1-0
W 280 North Street 12/1/2015 $1,157,000 0.1 Colonial 4,052 0.57 5 4-1
X 272 North Street 8/8/2017 $475,900 0.1 Conventional 1,236 0.14 1 1-1
Y 290 North Street 8/1/2013 $643,000 0.1 Colonial 2,279 1.38 4 3-0
Z 270 North Street 8/31/2020 $630,000 0.1 Conventional 1,683 0.09 3 2-0
- 304 North Street 7/7/1993 $100 0.1 Colonial 2,003 0.43 4 2-0
- 306 North Street 12/23/2015 $1 0.1 Colonial 1,386 0.36 3 1-0
- 302 North Street 11/30/2023 $765,000 0.1 Bungalow 1,128 0.56 1 2-0
- 214 South Street 8/28/2020 $1,900,000 0.1 Vacant Land 0.61 -
- 275 South Street 1/24/2017 $0 0.1 Vacant Land 0.09 -
- 308 North Street 9/20/2016 $10 0.1 Multi Family 2,088 0.57 4 2-0
- 214-R South Street 8/28/2020 $1,900,000 0.1 Conventional 3,066 1.46 6 3-1
- 211 South Street 10/10/2019 $615,000 0.1 Bungalow 1,125 0.15 4 1-0
- 314 North Street 9/30/1994 $175,000 0.1 Conventional 1,995 0.39 4 2-1
- 25 Del Prete Drive 12/5/2022 $1,900,000 0.1 Colonial 2,962 2.55 4 3-1
Averages 4589 days $566,890 0.09 --- 2,050 0.66 --- ---  
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
70-0-18 248 South Street