562 Main Street, Hingham, MA 02043

562 Main Street Hingham MA 02043
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Owner Information
Owner 1
Michael A Wirtz
Owner 2
562 Main Street Trust
Owner's Address
1 Batterymarch Park Suite 309 Quincy, MA 02169
Market Sale Information
Most recent sale date
5/30/2019
Previous sale date
10/13/2017
Transfer document #
51166-136
Previous transfer document
49045-0205
Grantor
David J Wilson
Previous grantor
Stephanie A Murray
Most recent sale price
$2,672,000.00
Previous sale price
$2,550,000.00
Site Information
Property ID
108-0-49
Lot Size
1.18
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Historical
Number of Rooms
13
Stories
2
Number of Beds
5
Year Built
1820
Number of full baths
5
Condition
Number of half baths
1
Finished Area
4196
Number of Kitchen
Gross Living Area
6829
Number of Fireplaces
5
Bsmnt floot
Number of parking
Interior walls
Plaster
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
$538,000.00
Total value
$3,009,600.00
Building value
$2,471,600.00
Estimated tax
$30,096.00
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 562 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $636.80 Style Historical Age 1820 Rooms 13 Bedrooms 5 Full baths 5 Half baths 1 Gross Living Area 6829 Heating Fuel Hot Water Detached Garage Lot Size 1.18 Roof Cover Wood Shingle AEM Value - Building $2,471,600.00 AEM Value - Land $538,000.00 AEM Value - Other $0.00 AEM Value - Total $3,009,600.00
A) 28 Free Street 0.2 5/28/2024 $2,300,000 3,168 2 $726.01 Conventional 2010 8 3 2 1 5142 Forced Air-Duc 0.66 Asphalt $949,700 $506,500 $0 $1,456,200
B) 16 Crooked Meadow Lane 0.4 3/22/2024 $1,384,750 3,544 2 $390.73 Colonial 1972 10 4 2 1 6058 Forced Air-Duc 4.45 Wood Shingle $652,400 $735,800 $0 $1,388,200
C) 30 Arnold Road 0.5 1/31/2024 $1,809,000 4,229 1.75 $427.76 Conventional 1957 12 4 4 1 8073 Hot Water 0.87 Asphalt $739,200 $633,400 $0 $1,372,600
D) 187 Union Street 0.8 3/28/2024 $1,215,000 3,341 1.5 $363.66 Contemporary 1979 9 4 2 1 6338 Forced Air-Duc 1.68 Asphalt $765,500 $522,000 $0 $1,287,500
E) 192 Union Street 0.9 4/5/2024 $1,799,000 3,756 1.9 $478.97 Conventional 2015 8 3 2 1 6905 Forced Air-Duc 0.7 Asphalt $1,155,100 $485,800 $0 $1,640,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 562 Main Street 5/30/2019 $2,672,000 0 Historical 4,196 1.18 5 5-1 -
  Criteria
A 28 Free Street 5/28/2024 $2,300,000 0.2 Conventional 3,168 0.66 3 2-1
B 16 Crooked Meadow Lane 3/22/2024 $1,384,750 0.4 Colonial 3,544 4.45 4 2-1
C 30 Arnold Road 1/31/2024 $1,809,000 0.5 Conventional 4,229 0.87 4 4-1
D 187 Union Street 3/28/2024 $1,215,000 0.8 Contemporary 3,341 1.68 4 2-1
E 192 Union Street 4/5/2024 $1,799,000 0.9 Conventional 3,756 0.7 3 2-1
Averages 93 days $1,701,550 0.58 --- 3,608 1.67 --- ---  

Estimation of Market Value - $2,781,243

As of today, 06/30/2024, the estimated market value of 562 Main Street, Hingham considering the above 5 comparable properties is $2,781,243.

 

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
@ 562 Main Street 5/30/2019 $2,672,000 0 Historical 4,196 1.18 5 5-1 -
  Criteria
A 566 Main Street 4/28/2022 $1,554,000 0.0 Colonial 3,276 0.78 4 2-1
B 557 Main Street 9/15/1977 $107,000 0.1 Historical 2,562 0.78 3 2-1
C 570 Main Street 11/23/2015 $729,000 0.1 Historical 2,352 1.42 3 2-1
D 574 Main Street 12/26/1957 $1 0.1 Historical 2,036 0.48 3 2-0
E 549 Main Street 5/3/2007 $655,000 0.1 Cape Cod 2,050 1.5 3 3-1
F 543 Main Street 3/7/1991 $100 0.1 Vacant Land 1.64 -
G 565 Main Street 5/21/2018 $1 0.1 Historical 2,586 0.99 4 2-1
H 567 Main Street 7/31/1998 $361,350 0.1 Historical 2,315 1.2 2 2-0
I 573 Main Street 3/3/2008 $729,000 0.1 Historical 2,697 0.53 5 3-1
J 537 Main Street 5/7/1999 $1 0.1 Vacant Land 0.46 -
K 578 Main Street $1 0.1 Churches 10,791 1.98 0 0-
L 4 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0.46 -
M 577 Main Street 11/3/2011 $1 0.1 Colonial 2,347 0.5 3 2-0
N 6 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0.46 -
O 536 Main Street 12/15/2017 $100 0.1 Historical 1,940 0.65 3 1-1
Averages 8285 days $275,704 0.08 --- 2,330 0.92 --- ---  
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
108-0-49 562 Main Street