8 Grist Mill Lane, Hingham, MA 02043

8 Grist Mill Lane Hingham MA 02043
Owner Information
Owner 1
Julie McCarthy
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
12/28/2022
Previous sale date
6/26/2002
Transfer document #
507-129
Previous transfer document
0507-0129
Grantor
Charles A Arena
Previous grantor
Charles A Arena
Most recent sale price
$1,300,000.00
Previous sale price
$1.00
Site Information
Property ID
126-0-62
Lot Size
2.15
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
11
Stories
2
Number of Beds
6
Year Built
1974
Number of full baths
5
Condition
Number of half baths
0
Finished Area
4060
Number of Kitchen
Gross Living Area
7541
Number of Fireplaces
2
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Electric
Roof Cover
Asphalt
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$672,300.00
Total value
$1,703,100.00
Building value
$1,030,800.00
Estimated tax
$17,031.00
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 8 Grist Mill Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $320.20 Style Colonial Age 1974 Rooms 11 Bedrooms 6 Full baths 5 Half baths 0 Gross Living Area 7541 Heating Fuel Forced Air-Duc Detached Garage Lot Size 2.15 Roof Cover Asphalt AEM Value - Building $1,030,800.00 AEM Value - Land $672,300.00 AEM Value - Other $0.00 AEM Value - Total $1,703,100.00
A) 28 Free Street 0.5 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 0.6 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
C) 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
@ 8 Grist Mill Lane 12/28/2022 $1,300,000 0 Colonial 4,060 2.15 6 5-0 -
  Criteria
A 28 Free Street 5/28/2024 $2,300,000 0.5 Conventional 3,168 0.66 3 2-1
B 16 Crooked Meadow Lane 3/22/2024 $1,384,750 0.6 Colonial 3,544 4.45 4 2-1
C 25 Charles Street 4/19/2024 $1,725,000 1.0 Colonial 3,312 0.92 4 3-1
Averages 69 days $1,803,250 0.71 --- 3,341 2.01 --- ---  

Estimation of Market Value - $2,159,619

As of today, 06/30/2024, the estimated market value of 8 Grist Mill Lane, Hingham considering the above 3 comparable properties is $2,159,619.

 

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
@ 8 Grist Mill Lane 12/28/2022 $1,300,000 0 Colonial 4,060 2.15 6 5-0 -
  Criteria
A 7 Grist Mill Lane 8/7/2000 $1 0.0 Cape Cod 3,032 1.72 3 3-1
B 6 Grist Mill Lane 10/19/2011 $100 0.0 Contemporary 2,033 0.89 4 3-1
C 0 Main Street-Off 11/15/1964 $1 0.1 Vacant Land 0.63 -
D 4 Grist Mill Lane 4/30/1992 $421,000 0.1 Colonial 3,371 0.91 4 3-0
E 0 Tower Road 11/1/2018 $650,000 0.1 Vacant Land 4.82 -
F 46-R High Street 9/16/2015 $20,000 0.1 Vacant Land 3.5 -
G 5 Grist Mill Lane 7/19/2019 $100 0.1 Cape Cod 2,782 0.74 3 2-1
H 36 Mill Lane 10/14/2021 $1 0.1 Cape Cod 3,543 3.9 4 2-1
I 85 Tower Road 11/1/2018 $650,000 0.1 Vacant Land 1.35 -
J 3 Grist Mill Lane 7/12/2011 $1 0.1 Colonial 4,885 1.01 5 4-0
K 2 Grist Mill Lane 8/25/2017 $1,195,000 0.1 Colonial 4,374 1.19 4 4-2
L 79 Tower Road 4/15/2021 $100 0.1 Colonial 1,856 1.46 3 2-0
M 687-R Main Street 5/15/1975 $1 0.1 Vacant Land 3.77 -
Averages 6415 days $225,870 0.09 --- 1,990 1.99 --- ---  
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
126-0-62 8 Grist Mill Lane