7 Grist Mill Lane, Hingham, MA 02043

7 Grist Mill Lane Hingham MA 02043
Owner Information
Owner 1
Hingham Property Management Trust
Owner 2
Owner's Address
C/O Greene Elisabeth S, 300 Crescent Court STE 1850 Dallas, TX 75201
Market Sale Information
Most recent sale date
8/7/2000
Previous sale date
01/01/1900
Transfer document #
0489-0085
Previous transfer document
0000-0000
Grantor
Elizabeth Eene
Previous grantor
Most recent sale price
$1.00
Previous sale price
$0.00
Site Information
Property ID
126-0-61
Lot Size
1.72
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
10
Stories
1.9
Number of Beds
3
Year Built
1974
Number of full baths
3
Condition
Number of half baths
1
Finished Area
3032
Number of Kitchen
Gross Living Area
5498
Number of Fireplaces
2
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gambrel
Heating type
Oil
Roof Cover
Wood Shingle
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$660,500.00
Total value
$1,257,900.00
Building value
$597,400.00
Estimated tax
$12,579.00
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 Grist Mill Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1974 Rooms 10 Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area 5498 Heating Fuel Forced Air-Duc Detached Garage Lot Size 1.72 Roof Cover Wood Shingle AEM Value - Building $597,400.00 AEM Value - Land $660,500.00 AEM Value - Other $0.00 AEM Value - Total $1,257,900.00
A) 14 Whitcomb Lane 0.4 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
B) 28 Free Street 0.6 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
C) 7 Camelot Drive 0.6 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
D) 16 Crooked Meadow Lane 0.6 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
E) 117 Free Street 0.8 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
F) 25 Charles Street 1.0 4/19/2024 $1,725,000 3,312 2 $520.83 Colonial 1984 8 4 3 1 5436 Hot Water 0.92 Asphalt $952,900 $532,000 $0 $1,484,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Grist Mill Lane 8/7/2000 $1 0 Cape Cod 3,032 1.72 3 3-1 -
  Criteria
A 14 Whitcomb Lane 5/31/2024 $1,375,000 0.4 Colonial 2,282 0.38 4 2-1
B 28 Free Street 5/28/2024 $2,300,000 0.6 Conventional 3,168 0.66 3 2-1
C 7 Camelot Drive 5/24/2024 $1,625,000 0.6 Colonial 2,604 0.46 4 2-1
D 16 Crooked Meadow Lane 3/22/2024 $1,384,750 0.6 Colonial 3,544 4.45 4 2-1
E 117 Free Street 2/16/2024 $1,050,000 0.8 Colonial 2,294 2.08 4 2-0
F 25 Charles Street 4/19/2024 $1,725,000 1.0 Colonial 3,312 0.92 4 3-1
Averages 68 days $1,576,625 0.65 --- 2,867 1.49 --- ---  

Estimation of Market Value - $1,624,002

As of today, 06/30/2024, the estimated market value of 7 Grist Mill Lane, Hingham considering the above 6 comparable properties is $1,624,002.

 

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 Grist Mill Lane 8/7/2000 $1 0 Cape Cod 3,032 1.72 3 3-1 -
  Criteria
A 8 Grist Mill Lane 12/28/2022 $1,300,000 0.0 Colonial 4,060 2.15 6 5-0
B 36 Mill Lane 10/14/2021 $1 0.0 Cape Cod 3,543 3.9 4 2-1
C 5 Grist Mill Lane 7/19/2019 $100 0.1 Cape Cod 2,782 0.74 3 2-1
D 0 Main Street-Off 11/15/1964 $1 0.1 Vacant Land 0.63 -
E 6 Grist Mill Lane 10/19/2011 $100 0.1 Contemporary 2,033 0.89 4 3-1
F 4 Grist Mill Lane 4/30/1992 $421,000 0.1 Colonial 3,371 0.91 4 3-0
G 3 Grist Mill Lane 7/12/2011 $1 0.1 Colonial 4,885 1.01 5 4-0
H 25 Mill Lane 6/14/2023 $2,500,000 0.1 Conventional 4,694 0.57 4 4-0
I 17 Mill Lane 5/17/2002 $1 0.1 Colonial 2,228 1.19 3 1-1
J 30 Mill Lane 6/21/1993 $286,000 0.1 Conventional 3,133 0.66 3 2-1
K 1 Grist Mill Lane 9/1/1988 $612,670 0.1 Colonial 5,405 1.4 6 4-1
L 2 Grist Mill Lane 8/25/2017 $1,195,000 0.1 Colonial 4,374 1.19 4 4-2
M 46-R High Street 9/16/2015 $20,000 0.1 Vacant Land 3.5 -
N 0 Tower Road 11/1/2018 $650,000 0.1 Vacant Land 4.82 -
O 85 Tower Road 11/1/2018 $650,000 0.1 Vacant Land 1.35 -
P 20 Mill Lane 6/23/2015 $1,805,700 0.1 Colonial 6,574 0.7 4 5-1
Q 699 Main Street 8/16/2011 $1,265,000 0.1 Historical 3,443 2.11 4 2-1
R 687-R Main Street 5/15/1975 $1 0.1 Vacant Land 3.77 -
Averages 6385 days $594,754 0.09 --- 2,807 1.75 --- ---  
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
126-0-61 7 Grist Mill Lane