589 Main Street, Hingham, MA 02043

Owner Information
Owner 1
Craig E Smith & Oates William A Jr
Owner 2
589 Main Street Realty Trust
Owner's Address
589 Main Street Hingham, MA 02043
Market Sale Information
Most recent sale date
5/30/2012
Previous sale date
09/20/2000
Transfer document #
41433-0185
Previous transfer document
18895-0169
Grantor
Craig E Smith
Previous grantor
Blake L Auchincloss
Most recent sale price
$1.00
Previous sale price
$495,000.00
Site Information
Property ID
117-0-26
Lot Size
0.51
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Historical
Number of Rooms
10
Stories
2
Number of Beds
5
Year Built
1762
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2883
Number of Kitchen
Gross Living Area
4634
Number of Fireplaces
4
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Oil
Roof Cover
Asphalt
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$487,400.00
Total value
$994,300.00
Building value
$506,900.00
Estimated tax
$9,943.00
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 589 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Historical Age 1762 Rooms 10 Bedrooms 5 Full baths 2 Half baths 1 Gross Living Area 4634 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.51 Roof Cover Asphalt AEM Value - Building $506,900.00 AEM Value - Land $487,400.00 AEM Value - Other $0.00 AEM Value - Total $994,300.00
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) 117 Free Street 0.5 2/16/2024 $1,050,000 2,294 1.85 $457.72 Colonial 1957 8 4 2 0 3570 Hot Water 2.08 Wood Shingle $475,200 $558,700 $0 $1,033,900
D) 110 High Street 0.5 3/28/2024 $975,000 2,208 2 $441.58 Colonial 1959 8 4 1 1 3408 Hot Water 0.48 Asphalt $373,600 $458,500 $0 $832,100
E) 14 Whitcomb Lane 0.7 5/31/2024 $1,375,000 2,282 1.9 $602.54 Colonial 1942 7 4 2 1 3730 Steam 0.38 Asphalt $394,700 $448,500 $0 $843,200
F) 3 Pleasant Street 0.8 5/13/2024 $1,400,000 2,254 1.5 $621.12 Historical 1785 7 4 2 0 3650 Forced Air-Duc 0.76 Wood Shingle $432,400 $620,900 $0 $1,053,300
G) 9 Fontainbleau Drive 0.9 3/4/2024 $2,350,000 3,084 2 $762.00 Colonial 1978 9 4 3 1 5228 Forced Air-Duc 0.54 Asphalt $926,800 $490,400 $0 $1,417,200
H) 187 Union Street 0.9 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
I) 7 Camelot Drive 0.9 5/24/2024 $1,625,000 2,604 2 $624.04 Colonial 1970 8 4 2 1 4929 Hot Water 0.46 Asphalt $744,800 $576,100 $0 $1,320,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 589 Main Street 5/30/2012 $1 0 Historical 2,883 0.51 5 2-1 -
  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 117 Free Street 2/16/2024 $1,050,000 0.5 Colonial 2,294 2.08 4 2-0
D 110 High Street 3/28/2024 $975,000 0.5 Colonial 2,208 0.48 4 1-1
E 14 Whitcomb Lane 5/31/2024 $1,375,000 0.7 Colonial 2,282 0.38 4 2-1
F 3 Pleasant Street 5/13/2024 $1,400,000 0.8 Historical 2,254 0.76 4 2-0
G 9 Fontainbleau Drive 3/4/2024 $2,350,000 0.9 Colonial 3,084 0.54 4 3-1
H 187 Union Street 3/28/2024 $1,215,000 0.9 Contemporary 3,341 1.68 4 2-1
I 7 Camelot Drive 5/24/2024 $1,625,000 0.9 Colonial 2,604 0.46 4 2-1
Averages 74 days $1,519,417 0.63 --- 2,753 1.28 --- ---  

Estimation of Market Value - $1,434,917

As of today, 06/27/2024, the estimated market value of 589 Main Street, Hingham considering the above 9 comparable properties is $1,434,917.

 

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
@ 589 Main Street 5/30/2012 $1 0 Historical 2,883 0.51 5 2-1 -
  Criteria
A 583 Main Street 7/12/2022 $650,000 0.0 Cape Cod 1,413 0.58 3 2-0
B 4 High Street 8/8/2018 $810,000 0.0 Conventional 3,677 0.55 5 1-1
C 8 High Street 5/26/2021 $1 0.0 Multi Family 2,520 0.24 4 2-0
D 12 High Street 1/21/2022 $1 0.1 Cape Cod 1,344 0.27 3 1-0
E 586 Main Street 7/29/1985 $115,000 0.1 Vacant Land 0.91 -
F 23 Friend Street 9/15/1978 $17,000 0.1 Conventional 2,184 0.57 4 2-0
G 577 Main Street 11/3/2011 $1 0.1 Colonial 2,347 0.5 3 2-0
H 592 Main Street 8/18/2017 $610,000 0.1 Colonial 2,146 0.42 3 2-0
I 597 Main Street 12/5/2023 $1,800,000 0.1 Historical 3,617 1.85 5 3-1
J 573 Main Street 3/3/2008 $729,000 0.1 Historical 2,697 0.53 5 3-1
K 605 Main Street 9/7/2018 $625,000 0.1 Historical 1,704 0.2 3 2-0
L 598 Main Street 5/15/2012 $612,000 0.1 Cape Cod 1,730 0.21 3 1-1
M 574 Main Street 12/26/1957 $1 0.1 Historical 2,036 0.48 3 2-0
N 23 High Street 9/26/2018 $100 0.1 Historical 1,567 0.69 3 2-1
O 22 High Street 5/4/2017 $555,000 0.1 Historical 1,232 0.24 3 2-0
P 12 Free Street 1/29/2010 $1,400,000 0.1 Vacant Land 1.4 -
Q 578 Main Street $1 0.1 Churches 10,791 1.98 0 0-
R 9 Free Street 2/14/2013 $1 0.1 Cape Cod 2,243 0.34 4 2-0
S 567 Main Street 7/31/1998 $361,350 0.1 Historical 2,315 1.2 2 2-0
T 600 Main Street 3/7/2001 $100 0.1 Historical 1,786 0.49 3 2-0
U 26 Friend Street 8/21/2003 $545,000 0.1 Duplex 2,323 0.64 4 2-0
V 613 Main Street 9/23/2018 $600,000 0.1 Stores/apt Com 1,493 0.2 0 0-
W 570 Main Street 11/23/2015 $729,000 0.1 Historical 2,352 1.42 3 2-1
X 15 Free Street 4/15/2020 $530,000 0.1 Cape Cod 1,102 0.12 3 1-0
Y 29 High Street 8/29/2011 $470,000 0.1 Historical 2,405 0.74 4 1-1
Z 26 High Street 10/13/2000 $329,000 0.1 Cape Cod 1,774 0.5 3 1-1
- 566 Main Street 4/28/2022 $1,554,000 0.1 Colonial 3,276 0.78 4 2-1
- 24 Friend Street 8/4/2017 $828,000 0.1 Historical 2,099 1.93 4 3-0
- 20 Free Street 11/20/2004 $620,000 0.1 Ranch 1,780 0.65 3 2-0
- 16 Friend Street 6/22/1992 $197,000 0.1 Historical 3,040 0.62 5 2-0
Averages 5585 days $489,552 0.09 --- 2,300 0.71 --- ---  
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
117-0-26 589 Main Street