7 Olmsted Drive, Hingham, MA 02043

Owner Information
Owner 1
Jeffrey S Robards & Gretchen G
Owner 2
Owner's Address
7 Olmsted Drive Hingham, MA 02043
Market Sale Information
Most recent sale date
7/1/2005
Previous sale date
4/27/1994
Transfer document #
0537-0153-
Previous transfer document
0000-0000
Grantor
Arthur P Boyle
Previous grantor
Mortgage Properties
Most recent sale price
$1,450,000.00
Previous sale price
$182,500.00
Site Information
Property ID
98-0-41
Lot Size
0.96
Use Code
101 - Residential, single family
Zoning
R1
Building Style
Colonial
Number of Rooms
9
Stories
2.5
Number of Beds
4
Year Built
1993
Number of full baths
3
Condition
Good
Number of half baths
0
Finished Area
3707
Number of Kitchen
0
Gross Living Area
7328
Number of Fireplaces
1
Bsmnt floot
Number of parking
0
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
Wood Shingle
Assessment Information
Fiscal Year
2021
Land Value
$665,500.00
Total value
$1,517,400.00
Building value
$851,900.00
Estimated tax
$17,495.00
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 Olmsted Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $391.15 Style Colonial Age 1993 Rooms 9 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area 7328 Heating Fuel Hot Water Detached Garage Lot Size 0.96 Roof Cover Wood Shingle AEM Value - Building $851,900.00 AEM Value - Land $665,500.00 AEM Value - Other $0.00 AEM Value - Total $1,517,400.00
A) 2 Golf View Drive 0.1 5/7/2021 $1,750,000 3,543 2 $493.93 Colonial 1977 10 4 3 1 6124 Hot Water 0.46 Asphalt $592,300 $500,000 $0 $1,092,300
B) 6 Sayles Road 0.2 8/31/2021 $2,051,000 3,782 2 $542.31 Colonial 1999 10 4 3 1 6658 Forced Air-Duc 1.08 Asphalt $893,800 $667,700 $0 $1,561,500
C) 33 Myers Farm Road 0.6 9/24/2021 $1,625,000 3,100 2 $524.19 Colonial 1985 8 4 2 1 5248 Hot Water 1.12 Asphalt $595,200 $512,500 $0 $1,107,700
D) 5 Sherman Way 0.6 9/15/2021 $1,775,000 3,784 2 $469.08 Colonial 1996 8 4 2 1 6963 Hot Water 0.47 Asphalt $652,700 $501,700 $0 $1,154,400
E) 3 Edgar Walker Court 0.7 9/23/2021 $2,500,000 4,301 1.9 $581.26 Cape Cod 1993 10 5 5 0 8036 Hot Water 0.92 Asphalt $761,200 $554,000 $0 $1,315,200
F) 81 Hersey Street 0.8 6/18/2021 $1,725,000 3,394 2 $508.25 Cape Cod 2001 9 4 2 2 7164 Forced Air-Duc 0.46 Asphalt $666,900 $500,000 $0 $1,166,900
G) 27 Fairview Street 0.8 7/26/2021 $1,560,000 3,230 1.75 $482.97 Cape Cod 1940 11 4 4 0 6724 Hot Water 0.69 Asphalt $483,300 $425,400 $0 $908,700
H) 248 South Street 0.9 6/16/2021 $2,311,000 3,803 2 $607.68 Historical 1812 12 4 3 2 6731 Radiant-Water 0.83 Asphalt $1,021,000 $384,000 $0 $1,405,000
I) 269 High Street 0.9 10/7/2021 $1,550,000 3,882 2 $399.28 Historical 1717 10 4 3 1 6351 Forced Air-Duc 1.64 Asphalt $823,400 $397,600 $0 $1,221,000
J) 33 Franklin Rodgers Road 1.0 4/30/2021 $1,917,500 3,376 2 $567.98 Colonial 1993 9 4 3 0 7802 Hot Water 0.92 Asphalt $762,100 $554,000 $0 $1,316,100
K) 36 Hersey Street 1.0 5/10/2021 $1,505,000 2,891 2 $520.58 Colonial 1935 9 4 3 1 5805 Forced Air-Duc 1.18 Asphalt $552,000 $557,900 $0 $1,109,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Olmsted Drive 7/1/2005 $1,450,000 0 Colonial 3,707 0.96 4 3-0 -
  Criteria
A 2 Golf View Drive 5/7/2021 $1,750,000 0.1 Colonial 3,543 0.46 4 3-1
B 6 Sayles Road 8/31/2021 $2,051,000 0.2 Colonial 3,782 1.08 4 3-1
C 33 Myers Farm Road 9/24/2021 $1,625,000 0.6 Colonial 3,100 1.12 4 2-1
D 5 Sherman Way 9/15/2021 $1,775,000 0.6 Colonial 3,784 0.47 4 2-1
E 3 Edgar Walker Court 9/23/2021 $2,500,000 0.7 Cape Cod 4,301 0.92 5 5-0
F 81 Hersey Street 6/18/2021 $1,725,000 0.8 Cape Cod 3,394 0.46 4 2-2
G 27 Fairview Street 7/26/2021 $1,560,000 0.8 Cape Cod 3,230 0.69 4 4-0
H 248 South Street 6/16/2021 $2,311,000 0.9 Historical 3,803 0.83 4 3-2
I 269 High Street 10/7/2021 $1,550,000 0.9 Historical 3,882 1.64 4 3-1
J 33 Franklin Rodgers Road 4/30/2021 $1,917,500 1.0 Colonial 3,376 0.92 4 3-0
K 36 Hersey Street 5/10/2021 $1,505,000 1.0 Colonial 2,891 1.18 4 3-1
Averages 95 days $1,842,682 0.69 --- 3,553 0.89 --- ---  

Estimation of Market Value - $2,112,396

As of today, 10/25/2021, the estimated market value of 7 Olmsted Drive, Hingham considering the above 11 comparable properties is $2,112,396.

 

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 Olmsted Drive 7/1/2005 $1,450,000 0 Colonial 3,707 0.96 4 3-0 -
  Criteria
A 9 Olmsted Drive 11/4/2014 $1,430,000 0.0 Cape Cod 3,925 0.96 4 3-1
B 5 Olmsted Drive 7/1/2013 $1,700,000 0.0 Colonial 4,085 0.93 5 4-1
C 3 Olmsted Drive 7/27/2004 $1,263,000 0.0 Colonial 3,831 1.08 4 3-1
D 4 Brewer Way 5/12/2014 $2,500,000 0.0 Colonial 6,870 0.94 5 4-2
E 1 Sayles Road 9/16/2021 $2,580,000 0.1 Colonial 5,291 2.87 5 4-2
F 11 Olmsted Drive 10/19/2004 $1,600,000 0.1 Colonial 4,334 0.97 5 2-2
G 2 Brewer Way 1/25/2010 $1 0.1 Colonial 3,864 1.02 5 3-1
H 1 Olmsted Drive 6/8/1994 $195,000 0.1 Colonial 5,200 0.93 5 3-1
I 6 Olmsted Drive 4/30/2004 $1,740,000 0.1 Colonial 5,415 1.02 5 4-1
J 6 Brewer Way 12/4/2017 $20 0.1 Colonial 3,873 0.98 4 3-1
K 3 Sayles Road 9/10/2020 $1,650,000 0.1 Colonial 7,764 2.34 6 3-4
L 4 Olmsted Drive 6/4/2008 $10 0.1 Colonial 5,725 1.71 4 5-3
M 8 Olmsted Drive 4/23/2018 $100 0.1 Colonial 4,273 1.14 4 4-1
N 3 Brewer Way 11/21/2013 $1,760,000 0.1 Colonial 6,845 1 4 4-2
O 10 Olmsted Drive 1/12/2018 $2,100,000 0.1 Colonial 4,722 1.11 4 4-2
P 1 Brewer Way 1/11/1993 $182,500 0.1 Colonial 3,022 0.94 4 2-1
Q 5 Sayles Road 12/20/1996 $295,000 0.1 Colonial 5,059 1.18 4 3-2
Averages 4319 days $1,117,390 0.08 --- 4,947 1.24 --- ---  
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
98-0-41 7 Olmsted Drive