7 Prospect Street, Hingham, MA 02043

7 Prospect Street Hingham MA 02043
Owner Information
Owner 1
Wayne P Southworth & Michelle A
Owner 2
Owner's Address
7 Prospect Street Hingham, MA 02043
Market Sale Information
Most recent sale date
6/12/2002
Previous sale date
01/01/1900
Transfer document #
22242-0279
Previous transfer document
0000-0000
Grantor
Charles M Coyne
Previous grantor
Most recent sale price
$593,000.00
Previous sale price
$0.00
Site Information
Property ID
169-0-131
Lot Size
0.82
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Ranch
Number of Rooms
7
Stories
1
Number of Beds
3
Year Built
1972
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1400
Number of Kitchen
Gross Living Area
3504
Number of Fireplaces
2
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Gas
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$496,700.00
Total value
$864,800.00
Building value
$368,100.00
Estimated tax
$8,648.00
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 Prospect Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $423.57 Style Ranch Age 1972 Rooms 7 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 3504 Heating Fuel Hot Water Detached Garage Lot Size 0.82 Roof Cover Asphalt AEM Value - Building $368,100.00 AEM Value - Land $496,700.00 AEM Value - Other $0.00 AEM Value - Total $864,800.00
A) 3 Hoover Road 0.3 8/1/2024 $1,030,000 1,510 1.85 $682.12 Colonial 1953 8 4 1 1 2824 Hot Water 0.41 Asphalt $328,800 $474,800 $0 $803,600
B) 15 Hoover Road 0.4 4/25/2024 $1,150,000 1,686 1.75 $682.09 Cape Cod 1957 7 3 2 0 3368 Forced Air-Duc 0.27 Asphalt $329,600 $460,700 $0 $790,300
C) 72 Scotland Street 0.4 7/25/2024 $1,175,000 1,594 1 $737.14 Raised Ranch 1962 6 2 1 1 3194 Hot Water 0.52 Asphalt $266,500 $463,100 $0 $729,600
D) 42 Liberty Pole Road 0.5 6/7/2024 $1,274,000 1,502 1 $848.20 Ranch 1955 5 2 1 1 3779 Forced Air-Duc 0.33 Asphalt $299,000 $466,400 $0 $765,400
E) 10 Puritan Road 0.5 9/24/2024 $1,265,000 1,741 1.75 $726.59 Cape Cod 1953 8 3 2 0 3638 Hot Water 0.38 Asphalt $384,800 $471,800 $0 $856,600
F) 8 Hancock Road 0.5 7/24/2024 $860,000 1,193 1 $720.87 Ranch 1955 6 3 1 0 3979 Hot Water 0.39 Asphalt $217,900 $472,800 $0 $690,700
G) 41 Brewster Road 0.5 4/23/2024 $2,367,000 1,292 1 $1832.04 Split-level 1964 5 3 2 0 3270 Hot Water 0.29 Asphalt $941,200 $462,000 $0 $1,403,200
H) 45 Brewster Road 0.6 6/14/2024 $1,075,000 1,512 1 $710.98 Split-level 1961 6 3 2 0 3306 Hot Water 0.31 Asphalt $322,500 $464,000 $0 $786,500
I) 800 Main Street 0.7 6/28/2024 $1,300,000 1,560 2 $833.33 Historical 1820 6 3 2 1 4385 Forced Air-Duc 0.93 Asphalt $327,400 $638,700 $0 $966,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Prospect Street 6/12/2002 $593,000 0 Ranch 1,400 0.82 3 2-0 -
  Criteria
A 3 Hoover Road 8/1/2024 $1,030,000 0.3 Colonial 1,510 0.41 4 1-1
B 15 Hoover Road 4/25/2024 $1,150,000 0.4 Cape Cod 1,686 0.27 3 2-0
C 72 Scotland Street 7/25/2024 $1,175,000 0.4 Raised Ranch 1,594 0.52 2 1-1
D 42 Liberty Pole Road 6/7/2024 $1,274,000 0.5 Ranch 1,502 0.33 2 1-1
E 10 Puritan Road 9/24/2024 $1,265,000 0.5 Cape Cod 1,741 0.38 3 2-0
F 8 Hancock Road 7/24/2024 $860,000 0.5 Ranch 1,193 0.39 3 1-0
G 41 Brewster Road 4/23/2024 $2,367,000 0.5 Split-level 1,292 0.29 3 2-0
H 45 Brewster Road 6/14/2024 $1,075,000 0.6 Split-level 1,512 0.31 3 2-0
I 800 Main Street 6/28/2024 $1,300,000 0.7 Historical 1,560 0.93 3 2-1
Averages 98 days $1,277,333 0.50 --- 1,510 0.43 --- ---  

Estimation of Market Value - $1,230,087

As of today, 10/05/2024, the estimated market value of 7 Prospect Street, Hingham considering the above 9 comparable properties is $1,230,087.

 

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 Prospect Street 6/12/2002 $593,000 0 Ranch 1,400 0.82 3 2-0 -
  Criteria
A 958 Main Street 10/24/2006 $637,500 0.0 Colonial 2,489 0.82 4 2-1
B 11 Prospect Street 5/13/2016 $690,000 0.0 Ranch 1,360 0.69 3 2-0
C 946 Main Street 8/2/2021 $825,000 0.0 Colonial 1,470 0.32 3 1-1
D 8 Prospect Street 12/30/2008 $100 0.0 Cape Cod 2,017 0.32 3 3-0
E 3 Craig Lane 3/30/2020 $1,100,000 0.0 Colonial 2,422 0.7 4 2-1
F 937 Main Street 10/17/2022 $1,001,000 0.1 Ranch 1,360 0.57 3 1-1
G 941 Main Street 11/26/1996 $229,000 0.1 Historical 1,365 0.48 3 1-1
H 940 Main Street 12/28/1984 $264,501 0.1 Colonial 2,232 0.87 4 2-1
I 14 Prospect Street 10/19/2001 $476,000 0.1 Cape Cod 3,003 0.66 3 3-0
J 962 Main Street 7/13/2018 $1,261,000 0.1 Historical 3,182 1.38 4 2-1
K 4 Westmoreland Road 10/23/1997 $287,500 0.1 Cape Cod 2,171 0.75 2 2-0
L 2 Craig Lane 4/10/2020 $805,000 0.1 Cape Cod 1,723 0.69 4 2-0
M 927 Main Street 2/29/2000 $270,000 0.1 Ranch 1,290 0.3 2 1-1
N 957 Main Street 12/15/2021 $1,700,000 0.1 Conventional 2,470 1.09 3 3-0
O 5 Craig Lane 6/9/2015 $1 0.1 Colonial 2,442 1.11 3 2-1
P 18 Prospect Street 7/30/2009 $505,000 0.1 Cape Cod 2,860 0.97 4 3-0
Q 4 Craig Lane 3/31/2006 $642,500 0.1 Colonial 1,829 0.7 3 2-0
R 3 Grenadier Road 4/17/2001 $25,000 0.1 Vacant Land 0.46 -
S 934 Main Street 12/22/2021 $100 0.1 Conventional 2,232 1.29 3 1-1
T 3 Westmoreland Road 8/25/2016 $1 0.1 Colonial 1,450 0.37 3 1-1
U 923 Main Street 6/20/2014 $635,000 0.1 Colonial 1,974 0.29 3 2-1
V 8 Westmoreland Road 10/1/2015 $645,000 0.1 Conventional 3,410 0.55 3 3-0
W 970 Main Street 4/15/1980 $102,000 0.1 Conventional 2,293 1.04 4 1-1
X 963 Main Street 9/15/1976 $37,000 0.1 Cape Cod 3,265 0.8 4 2-1
Y 22 Prospect Street 12/5/2008 $1 0.1 Cape Cod 2,478 0.69 3 2-0
Z 27 Prospect Street 10/9/2008 $1 0.1 Colonial 2,111 0.69 3 2-0
- 5 Westmoreland Road 5/3/2017 $647,500 0.1 Cape Cod 1,306 0.37 3 1-1
- 919 Main Street 12/22/2016 $1 0.1 Ranch 1,264 0.29 2 1-1
- 7 Craig Lane 11/25/2002 $804,000 0.1 Colonial 2,407 0.87 4 2-1
- 6 Craig Lane 9/30/2010 $705,000 0.1 Colonial 2,460 0.72 4 2-1
- 26 Prospect Street 7/16/2014 $571,000 0.1 Cape Cod 2,044 0.69 3 2-0
- 4 Highfield Road 8/9/2006 $200,000 0.1 Colonial 3,134 0.37 3 2-1
- 930 Main Street 5/24/2019 $655,000 0.1 Ranch 2,287 1.28 4 2-0
- 4 Grenadier Road 7/26/2021 $100 0.1 Colonial 3,575 1.21 4 4-1
- 10 Westmoreland Road 9/11/2020 $100 0.1 Cape Cod 1,786 0.39 3 1-1
- 7 Westmoreland Road 3/18/2016 $647,000 0.1 Colonial 1,834 0.34 4 1-1
- 974 Main Street 7/26/2019 $181,405 0.1 Historical 3,156 1.14 5 2-1
Averages 5275 days $447,279 0.09 --- 2,166 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
169-0-131 7 Prospect Street