1040 Main Street, Hingham, MA 02043

Owner Information
Owner 1
William Baker & Kelly M
Owner 2
Owner's Address
1040 Main Street Hingham, MA 02043
Market Sale Information
Most recent sale date
10/7/2020
Previous sale date
10/02/2019
Transfer document #
654-98
Previous transfer document
646-31
Grantor
Dad Construction Co Inc
Previous grantor
Robert M Pike
Most recent sale price
$1,640,000.00
Previous sale price
$475,000.00
Site Information
Property ID
190-0-7
Lot Size
0.81
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
8
Stories
1.8
Number of Beds
3
Year Built
1900
Number of full baths
1
Condition
Number of half baths
0
Finished Area
1275
Number of Kitchen
Gross Living Area
2947
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Typical
Floor type
Average
Solar Hot Water
No
Roof Structure
Gable
Heating type
Oil
Roof Cover
Asphalt
Heating fuel
Steam
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$522,300.00
Total value
$2,072,300.00
Building value
$1,550,000.00
Estimated tax
$20,723.00
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 1040 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,286.27 Style Cape Cod Age 1900 Rooms 8 Bedrooms 3 Full baths 1 Half baths 0 Gross Living Area 2947 Heating Fuel Steam Detached Garage Lot Size 0.81 Roof Cover Asphalt AEM Value - Building $1,550,000.00 AEM Value - Land $522,300.00 AEM Value - Other $0.00 AEM Value - Total $2,072,300.00
A) 17 Longmeadow Road 0.3 2/28/2024 $980,000 1,589 2 $616.74 Colonial 1967 7 4 1 1 3002 Hot Water 0.48 Asphalt $402,000 $506,500 $0 $908,500
B) 3 Hoover Road 0.6 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
C) 41 Brewster Road 0.7 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
D) 45 Brewster Road 0.8 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
E) 42 Liberty Pole Road 0.8 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
F) 8 Hancock Road 0.9 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) 2 Accord Lane 0.9 4/30/2024 $640,000 968 1 $661.16 Ranch 1960 5 2 1 0 2296 Hot Water 0.47 Asphalt $311,200 $313,000 $0 $624,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1040 Main Street 10/7/2020 $1,640,000 0 Cape Cod 1,275 0.81 3 1-0 -
  Criteria
A 17 Longmeadow Road 2/28/2024 $980,000 0.3 Colonial 1,589 0.48 4 1-1
B 3 Hoover Road 8/1/2024 $1,030,000 0.6 Colonial 1,510 0.41 4 1-1
C 41 Brewster Road 4/23/2024 $2,367,000 0.7 Split-level 1,292 0.29 3 2-0
D 45 Brewster Road 6/14/2024 $1,075,000 0.8 Split-level 1,512 0.31 3 2-0
E 42 Liberty Pole Road 6/7/2024 $1,274,000 0.8 Ranch 1,502 0.33 2 1-1
F 8 Hancock Road 7/24/2024 $860,000 0.9 Ranch 1,193 0.39 3 1-0
G 2 Accord Lane 4/30/2024 $640,000 0.9 Ranch 968 0.47 2 1-0
Averages 87 days $1,175,143 0.71 --- 1,367 0.38 --- ---  

Estimation of Market Value - $1,973,012

As of today, 08/22/2024, the estimated market value of 1040 Main Street, Hingham considering the above 7 comparable properties is $1,973,012.

 

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
@ 1040 Main Street 10/7/2020 $1,640,000 0 Cape Cod 1,275 0.81 3 1-0 -
  Criteria
A 1036 Main Street 4/27/2016 $100 0.0 Historical 5,010 0.95 4 2-1
B 1 Liberty Road 5/14/2009 $850,000 0.0 Colonial 3,006 0.34 3 2-1
C 1046-R Main Street 12/1/2022 $475,000 0.0 Cape Cod 2,116 0.21 3 2-0
D 3 Liberty Road 6/25/2007 $1 0.0 Colonial 2,740 0.33 5 2-0
E 1046 Main Street 7/17/2012 $501,250 0.0 Historical 2,052 0.46 4 2-0
F 5 Liberty Road 7/15/2021 $100 0.1 Conventional 2,484 0.3 4 2-1
G 1030 Main Street 12/2/1994 $383,500 0.1 Historical 2,792 1.31 4 2-1
H 6 Liberty Road 6/15/2001 $560,000 0.1 Cape Cod 2,724 0.69 4 2-1
I 11 Scotland Street 4/28/2017 $285,000 0.1 Cape Cod 2,046 0.58 3 1-1
J 4 Julian Way 8/1/2024 $2,001,000 0.1 Colonial 3,777 0.88 4 4-0
K 2 Julian Way 3/6/2019 $1 0.1 Colonial 4,143 0.87 4 3-1
L 15 Scotland Street 1/2/2002 $415,000 0.1 Cape Cod 1,998 0.57 4 2-0
M 7 Liberty Road 8/15/1977 $60,000 0.1 Cape Cod 2,145 0.54 4 3-0
N 6 Julian Way 4/20/2022 $1,800,000 0.1 Cape Cod 3,701 0.85 4 4-1
O 19 Scotland Street 6/1/2006 $675,000 0.1 Cape Cod 2,287 0.57 4 3-0
P 8 Liberty Road 3/30/2012 $824,500 0.1 Colonial 3,198 0.77 5 3-2
Q 21 Scotland Street 1/5/1999 $90,000 0.1 Conventional 3,041 0.48 4 2-1
R 1020 Main Street 8/7/2020 $488,000 0.1 Colonial 1,678 0.34 2 1-0
S 1029 Main Street 5/6/2015 $1 0.1 Colonial 2,476 0.89 4 1-1
T 1045 Main Street 1/29/2020 $1 0.1 Cape Cod 3,386 2.17 5 4-2
U 23 Scotland Street 5/24/2021 $1 0.1 Cape Cod 1,306 0.48 3 1-1
V 8 Scotland Street 7/27/2023 $1,100,000 0.1 Colonial 1,976 0.44 3 2-1
W 1035 Main Street 2/1/2019 $790,000 0.1 Historical 2,049 3.1 3 1-1
X 10 Liberty Road 7/6/2012 $889,000 0.1 Colonial 2,572 0.69 4 2-1
Y 12 Scotland Street 5/15/2015 $849,000 0.1 Cape Cod 2,135 0.46 3 2-1
Z 1062 Main Street 8/5/2024 $1,299,000 0.1 Historical 2,564 1.16 4 2-1
- 11 Liberty Road 12/28/2016 $975,000 0.1 Colonial 3,000 0.69 4 3-0
- 8 Julian Way 8/4/2021 $1,775,000 0.1 Colonial 3,665 0.87 4 3-2
- 1018 Main Street 12/29/2006 $456,000 0.1 Conventional 1,908 0.32 4 2-0
- 16 Scotland Street 6/22/2022 $2,000,000 0.1 Cape Cod 3,582 0.46 3 2-1
- 3 Julian Way 7/21/2015 $1,197,500 0.1 Colonial 3,792 1.44 4 3-1
- 5 Julian Way 3/9/2018 $1,392,500 0.1 Colonial 4,071 1.51 4 3-1
Averages 3961 days $691,608 0.08 --- 2,794 0.8 --- ---  
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
190-0-7 1040 Main Street