494 Cushing Street, Hingham, MA 02043

494 Cushing Street Hingham MA 02043
Owner Information
Owner 1
James P Costello & Arlene F
Owner 2
Costello Living Trust
Owner's Address
494 Cushing Street Hingham, MA 02043
Market Sale Information
Most recent sale date
6/27/2022
Previous sale date
08/04/1988
Transfer document #
670-79
Previous transfer document
0386-0179
Grantor
James P Costello
Previous grantor
Most recent sale price
$100.00
Previous sale price
$223,000.00
Site Information
Property ID
195-0-21
Lot Size
0.88
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
8
Stories
1.75
Number of Beds
5
Year Built
1890
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2082
Number of Kitchen
Gross Living Area
5041
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Drywall
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
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$316,900.00
Total value
$715,100.00
Building value
$398,200.00
Estimated tax
$7,151.00
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 494 Cushing Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.05 Style Cape Cod Age 1890 Rooms 8 Bedrooms 5 Full baths 2 Half baths 0 Gross Living Area 5041 Heating Fuel Hot Water Detached Garage Lot Size 0.88 Roof Cover Asphalt AEM Value - Building $398,200.00 AEM Value - Land $316,900.00 AEM Value - Other $0.00 AEM Value - Total $715,100.00
A) 6 Hazelwood Drive 0.5 6/20/2024 $1,240,000 2,191 1.75 $565.95 Raised Cape 1968 7 4 4 0 4310 Hot Water 0.46 Asphalt $507,500 $312,100 $0 $819,600
B) 24 Accord Pond Drive 0.7 10/3/2024 $900,000 1,586 1 $567.47 Ranch 1955 6 3 1 1 3602 Hot Water 0.81 Asphalt $326,000 $574,200 $0 $900,200
C) 12 Pine Grove Road 0.9 5/10/2024 $1,200,000 2,048 2 $585.94 Colonial 1964 9 4 3 0 3760 Hot Water 0.46 Asphalt $411,000 $480,000 $0 $891,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 494 Cushing Street 6/27/2022 $100 0 Cape Cod 2,082 0.88 5 2-0 -
  Criteria
A 6 Hazelwood Drive 6/20/2024 $1,240,000 0.5 Raised Cape 2,191 0.46 4 4-0
B 24 Accord Pond Drive 10/3/2024 $900,000 0.7 Ranch 1,586 0.81 3 1-1
C 12 Pine Grove Road 5/10/2024 $1,200,000 0.9 Colonial 2,048 0.46 4 3-0
Averages 121 days $1,113,333 0.70 --- 1,942 0.58 --- ---  

Estimation of Market Value - $1,054,314

As of today, 11/09/2024, the estimated market value of 494 Cushing Street, Hingham considering the above 3 comparable properties is $1,054,314.

 

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
@ 494 Cushing Street 6/27/2022 $100 0 Cape Cod 2,082 0.88 5 2-0 -
  Criteria
A 490 Cushing Street 8/19/2020 $572,000 0.0 Cape Cod 1,680 0.8 2 1-1
B 498 Cushing Street 6/30/2021 $766,000 0.0 Cape Cod 1,936 0.66 2 1-1
C 37 Derby Street 12/31/2015 $1,250,000 0.0 Office Bldg 8,136 1.01 0 0-
D 41 Derby Street 5/26/2011 $1 0.0 Raised Ranch 1,182 0.4 3 2-0
E 222 Whiting Street 5/29/2002 $335,000 0.1 Conventional 1,454 2.25 3 1-0
F 500 Cushing Street 7/20/2005 $1 0.1 Conventional 1,942 0.69 2 2-0
G 31 Derby Street 7/8/2004 $500,000 0.1 Store 2,013 0.84 0 0-
H 481 Cushing Street 4/24/1998 $165,000 0.1 Colonial 3,236 1.07 4 2-1
I 495 Cushing Street 9/11/2003 $225,000 0.1 Cape Cod 958 0.36 2 1-0
J 236 Whiting Street 5/4/2021 $1 0.1 Ranch 1,780 0.91 3 1-1
K 487 Cushing Street 1/16/1991 $138,000 0.1 Cape Cod 2,221 1.79 3 3-0
L 491 Cushing Street 4/11/2011 $455,000 0.1 Split-level 1,664 1.8 3 2-1
M 247 Gardner Street-Lot 26 6/15/1963 $1 0.1 School Private 6,792 2.74 0 0-
N 204 Whiting Street 11/1/1980 $50,000 0.1 Daycare 1,842 0.29 0 0-
O 229 Whiting Street 10/27/1989 $170,000 0.1 Cape Cod 1,991 0.64 4 1-1
P 202 Whiting Street $1,700,000 0.1 Vacant Land 0.16 -
Averages 8063 days $395,375 0.08 --- 2,427 1.03 --- ---  
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
195-0-21 494 Cushing Street