5 Grist Mill Lane, Hingham, MA 02043

5 Grist Mill Lane Hingham MA 02043
Owner Information
Owner 1
Parks Katherine L & Dettman Kurt L
Owner 2
5 Grist Mill Lane Realty Trust
Owner's Address
5 Grist Mill Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
7/19/2019
Previous sale date
07/18/2005
Transfer document #
644-54
Previous transfer document
0538-0033
Grantor
Parks Katherine L
Previous grantor
Martha K Saunders
Most recent sale price
$100.00
Previous sale price
$1,100,000.00
Site Information
Property ID
136-0-59
Lot Size
0.74
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
8
Stories
1.75
Number of Beds
3
Year Built
1973
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2782
Number of Kitchen
Gross Living Area
5904
Number of Fireplaces
3
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
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$644,400.00
Total value
$1,247,900.00
Building value
$603,500.00
Estimated tax
$12,479.00
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 5 Grist Mill Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.04 Style Cape Cod Age 1973 Rooms 8 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 5904 Heating Fuel Hot Water Detached Garage Lot Size 0.74 Roof Cover Asphalt AEM Value - Building $603,500.00 AEM Value - Land $644,400.00 AEM Value - Other $0.00 AEM Value - Total $1,247,900.00
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) 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
C) 7 Camelot Drive 0.5 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) 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
E) 7 Pioneer Road 0.6 5/3/2024 $1,365,000 2,178 2 $626.72 Colonial 1957 8 3 2 0 3952 Forced Air-Duc 0.33 Asphalt $461,100 $466,200 $0 $927,300
F) 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
G) 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
H) 11 Marshall Road 1.0 3/22/2024 $1,625,000 2,127 1.75 $763.99 Cape Cod 1955 7 3 2 1 5906 Hot Water 0.38 Asphalt $901,200 $471,400 $0 $1,372,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Grist Mill Lane 7/19/2019 $100 0 Cape Cod 2,782 0.74 3 2-1 -
  Criteria
A 14 Whitcomb Lane 5/31/2024 $1,375,000 0.4 Colonial 2,282 0.38 4 2-1
B 110 High Street 3/28/2024 $975,000 0.5 Colonial 2,208 0.48 4 1-1
C 7 Camelot Drive 5/24/2024 $1,625,000 0.5 Colonial 2,604 0.46 4 2-1
D 28 Free Street 5/28/2024 $2,300,000 0.6 Conventional 3,168 0.66 3 2-1
E 7 Pioneer Road 5/3/2024 $1,365,000 0.6 Colonial 2,178 0.33 3 2-0
F 117 Free Street 2/16/2024 $1,050,000 0.8 Colonial 2,294 2.08 4 2-0
G 25 Charles Street 4/19/2024 $1,725,000 1.0 Colonial 3,312 0.92 4 3-1
H 11 Marshall Road 3/22/2024 $1,625,000 1.0 Cape Cod 2,127 0.38 3 2-1
Averages 71 days $1,505,000 0.68 --- 2,522 0.71 --- ---  

Estimation of Market Value - $1,640,499

As of today, 06/30/2024, the estimated market value of 5 Grist Mill Lane, Hingham considering the above 8 comparable properties is $1,640,499.

 

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
@ 5 Grist Mill Lane 7/19/2019 $100 0 Cape Cod 2,782 0.74 3 2-1 -
  Criteria
A 3 Grist Mill Lane 7/12/2011 $1 0.0 Colonial 4,885 1.01 5 4-0
B 7 Grist Mill Lane 8/7/2000 $1 0.1 Cape Cod 3,032 1.72 3 3-1
C 4 Grist Mill Lane 4/30/1992 $421,000 0.1 Colonial 3,371 0.91 4 3-0
D 1 Grist Mill Lane 9/1/1988 $612,670 0.1 Colonial 5,405 1.4 6 4-1
E 36 Mill Lane 10/14/2021 $1 0.1 Cape Cod 3,543 3.9 4 2-1
F 6 Grist Mill Lane 10/19/2011 $100 0.1 Contemporary 2,033 0.89 4 3-1
G 2 Grist Mill Lane 8/25/2017 $1,195,000 0.1 Colonial 4,374 1.19 4 4-2
H 8 Grist Mill Lane 12/28/2022 $1,300,000 0.1 Colonial 4,060 2.15 6 5-0
I 31 Howland Lane 4/25/2018 $775,000 0.1 Contemporary 2,360 0.74 3 2-0
J 35 Howland Lane 9/12/1995 $339,900 0.1 Cape Cod 2,808 0.36 3 3-1
K 37 Howland Lane 12/2/2020 $1,310,000 0.1 Cape Cod 3,050 0.48 4 3-1
L 30 Mill Lane 6/21/1993 $286,000 0.1 Conventional 3,133 0.66 3 2-1
M 29 Howland Lane 3/26/2020 $825,000 0.1 Colonial 1,612 0.44 3 2-1
N 25 Mill Lane 6/14/2023 $2,500,000 0.1 Conventional 4,694 0.57 4 4-0
O 0 Main Street-Off 11/15/1964 $1 0.1 Vacant Land 0.63 -
P 85 Tower Road 11/1/2018 $650,000 0.1 Vacant Land 1.35 -
Q 79 Tower Road 4/15/2021 $100 0.1 Colonial 1,856 1.46 3 2-0
R 30 Howland Lane 9/26/2014 $1 0.1 Contemporary 3,587 0.39 3 3-0
S 32 Howland Lane 6/30/2021 $1,100,000 0.1 Cape Cod 2,397 0.42 3 2-2
T 14 Howland Lane 4/15/2021 $100 0.1 Cape Cod 1,656 0.48 3 1-1
Averages 5260 days $565,744 0.09 --- 2,893 1.06 --- ---  
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
136-0-59 5 Grist Mill Lane