7 Eastgate Lane, Hingham, MA 02043

7 Eastgate Lane Hingham MA 02043
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Owner Information
Owner 1
Zhong Zhong & Fan Xin
Owner 2
Owner's Address
7 Eastgate Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
4/29/2015
Previous sale date
11/08/2001
Transfer document #
45483-0131
Previous transfer document
20868-0029
Grantor
Alfred F Lyons
Previous grantor
Alfred F Lyons
Most recent sale price
$880,000.00
Previous sale price
$1.00
Site Information
Property ID
74-0-4
Lot Size
0.59
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Colonial
Number of Rooms
11
Stories
2.5
Number of Beds
5
Year Built
1963
Number of full baths
3
Condition
Number of half baths
1
Finished Area
2928
Number of Kitchen
Gross Living Area
5224
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
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$720,900.00
Total value
$1,249,900.00
Building value
$529,000.00
Estimated tax
$12,499.00
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 7 Eastgate Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $300.55 Style Colonial Age 1963 Rooms 11 Bedrooms 5 Full baths 3 Half baths 1 Gross Living Area 5224 Heating Fuel Hot Water Detached Garage Lot Size 0.59 Roof Cover Wood Shingle AEM Value - Building $529,000.00 AEM Value - Land $720,900.00 AEM Value - Other $0.00 AEM Value - Total $1,249,900.00
A) 5 Eastgate Lane 0.0 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
B) 3 Eastgate Lane 0.1 3/27/2024 $1,600,000 2,340 2 $683.76 Colonial 1963 9 3 2 1 3767 Hot Water 0.59 Wood Shingle $465,900 $720,900 $0 $1,186,800
C) 38 Turkey Hill Lane 0.3 12/28/2023 $1,295,000 2,349 2 $551.30 Colonial 1980 8 4 2 1 4072 Hot Water 2.29 Asphalt $760,300 $535,300 $0 $1,295,600
D) 29 Jones Street 0.4 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) 62 Winter Street 0.7 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 Eastgate Lane 4/29/2015 $880,000 0 Colonial 2,928 0.59 5 3-1 -
  Criteria
A 5 Eastgate Lane 3/27/2024 $1,520,000 0.0 Colonial 3,312 0.59 4 3-0
B 3 Eastgate Lane 3/27/2024 $1,600,000 0.1 Colonial 2,340 0.59 3 2-1
C 38 Turkey Hill Lane 12/28/2023 $1,295,000 0.3 Colonial 2,349 2.29 4 2-1
D 29 Jones Street 1/4/2024 $100,000 0.4 Colonial 3,213 4.6 3 2-1
E 62 Winter Street 12/13/2023 $1,365,000 0.7 Colonial 2,876 1.66 5 2-1
Averages 109 days $1,176,000 0.30 --- 2,818 1.95 --- ---  

Estimation of Market Value - $1,200,878

As of today, 05/19/2024, the estimated market value of 7 Eastgate Lane, Hingham considering the above 5 comparable properties is $1,200,878.

 

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
@ 7 Eastgate Lane 4/29/2015 $880,000 0 Colonial 2,928 0.59 5 3-1 -
  Criteria
A 9 Eastgate Lane 7/1/2016 $1,250,000 0.0 Colonial 2,940 0.59 4 2-1
B 5 Eastgate Lane 3/27/2024 $1,520,000 0.0 Colonial 3,312 0.59 4 3-0
C 8 Eastgate Lane 8/15/1988 $340,000 0.0 Colonial 2,603 0.67 4 2-1
D 6 Eastgate Lane 6/28/2018 $975,000 0.1 Colonial 2,860 0.67 4 2-1
E 11 Eastgate Lane 4/1/2019 $1,175,000 0.1 Colonial 2,836 0.57 3 2-1
F 3 Eastgate Lane 3/27/2024 $1,600,000 0.1 Colonial 2,340 0.59 3 2-1
G 10 Eastgate Lane 10/28/2016 $1,100,000 0.1 Colonial 2,491 0.68 4 2-1
H 4 Eastgate Lane 7/8/2019 $1,224,000 0.1 Colonial 2,587 0.65 3 3-0
I 2 Collins Street $1 0.1 Schools-public 90,488 11.64 -
J 12 Eastgate Lane 11/30/1993 $335,000 0.1 Colonial 2,326 0.63 3 3-0
K 1 Eastgate Lane 2/10/2000 $1 0.1 Colonial 2,004 0.7 4 2-1
L 13 Eastgate Lane 5/23/2011 $730,000 0.1 Colonial 3,084 0.74 6 2-1
M 175 East Street 3/31/2008 $1,425,000 0.1 Colonial 4,547 2.49 5 4-2
N 2 Eastgate Lane 6/15/1977 $72,500 0.1 Colonial 2,060 0.63 3 2-1
O 183 East Street 7/9/2019 $1,060,000 0.1 Colonial 2,624 0.93 4 3-1
P 14 Eastgate Lane 7/30/2010 $682,500 0.1 Colonial 2,080 0.94 3 2-1
Q 167 East Street 9/3/2003 $980,000 0.1 Colonial 4,656 1.01 5 3-1
R 179 East Street 8/13/2003 $881,000 0.1 Cape Cod 2,934 0.73 6 3-1
S 193 East Street 8/26/2008 $725,000 0.1 Colonial 4,048 1.91 4 3-1
T 163 East Street 8/27/2001 $399,000 0.1 Historical 2,289 0.71 3 2-1
Averages 5705 days $823,700 0.08 --- 7,255 1.4 --- ---  
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
74-0-4 7 Eastgate Lane