231 Otis Street, Hingham, MA 02043

231 Otis Street Hingham MA 02043
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Owner Information
Owner 1
Richard J Madigan & Applebaum Judy
Owner 2
Owner's Address
231 Otis Street Hingham, MA 02043
Market Sale Information
Most recent sale date
9/7/2017
Previous sale date
10/03/2003
Transfer document #
48898-0279
Previous transfer document
26723-0016
Grantor
Nancy Hope Smalzel
Previous grantor
Elizabeth F We
Most recent sale price
$1,200,000.00
Previous sale price
$925,000.00
Site Information
Property ID
27-0-66
Lot Size
0.3
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Conventional
Number of Rooms
7
Stories
2
Number of Beds
3
Year Built
1925
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2464
Number of Kitchen
Gross Living Area
3065
Number of Fireplaces
3
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Hip
Heating type
Oil
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$1,391,100.00
Total value
$1,682,500.00
Building value
$291,400.00
Estimated tax
$16,825.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 231 Otis Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $487.01 Style Conventional Age 1925 Rooms 7 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 3065 Heating Fuel Hot Water Detached Garage Lot Size 0.3 Roof Cover Asphalt AEM Value - Building $291,400.00 AEM Value - Land $1,391,100.00 AEM Value - Other $0.00 AEM Value - Total $1,682,500.00
A) 121 Downer Avenue 0.0 7/1/2024 $2,600,000 2,246 2 $1157.61 Conventional 1925 9 4 2 1 3083 Hot Water 0.52 Asphalt $333,800 $1,463,400 $0 $1,797,200
B) 31 Marsh Street 0.1 5/29/2024 $1,100,000 2,008 2 $547.81 Conventional 1930 7 4 2 0 2916 Hot Water 0.1 Asphalt $327,000 $328,700 $0 $655,700
C) 40 Park Circle 0.2 6/24/2024 $1,480,000 2,276 2 $650.26 Colonial 1973 8 4 2 1 4028 Hot Water 0.56 Asphalt $679,700 $493,100 $0 $1,172,800
D) 22 Howe Street 0.2 4/5/2024 $1,550,000 1,961 1.9 $790.41 Conventional 1910 8 4 1 1 3976 Hot Water 0.59 Asphalt $343,300 $722,100 $0 $1,065,400
E) 6 Bel Air Drive 0.5 4/29/2024 $1,815,000 2,058 2 $881.92 Colonial 1974 8 4 2 1 3294 Hot Water 0.5 Asphalt $370,400 $703,400 $0 $1,073,800
F) 130 Lincoln Street 0.6 4/29/2024 $1,114,100 2,104 1.75 $529.52 Cape Cod 1955 6 3 2 1 3732 Hot Water 0.69 Asphalt $388,100 $533,400 $0 $921,500
G) 90 Otis Street 0.7 6/18/2024 $1,700,000 2,566 2 $662.51 Colonial 1977 8 4 3 1 4690 Hot Water 0.79 Asphalt $711,800 $941,800 $0 $1,653,600
H) 71 Lincoln Street 0.7 4/30/2024 $1,920,000 2,618 2 $733.38 Historical 1850 10 4 2 1 5654 Forced Air-Duc 0.55 Asphalt $753,100 $813,000 $0 $1,566,100
I) 189 Wompatuck Road 0.7 6/3/2024 $1,140,000 1,876 2 $607.68 Colonial 1925 8 3 2 0 3736 Hot Water 0.33 Asphalt $320,000 $443,300 $0 $763,300
J) 17 Sycamore Lane 0.8 2/6/2024 $1,242,500 2,387 1.75 $520.53 Cape Cod 1940 8 4 3 0 3860 Hot Water 0.15 Asphalt $469,800 $414,900 $0 $884,700
K) 44 Bradley Park Drive 0.9 6/20/2024 $850,000 2,080 1.75 $408.65 Cape Cod 1959 8 3 2 0 4076 Forced Air-Duc 0.24 Asphalt $278,800 $548,600 $0 $827,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 231 Otis Street 9/7/2017 $1,200,000 0 Conventional 2,464 0.3 3 2-1 -
  Criteria
A 121 Downer Avenue 7/1/2024 $2,600,000 0.0 Conventional 2,246 0.52 4 2-1
B 31 Marsh Street 5/29/2024 $1,100,000 0.1 Conventional 2,008 0.1 4 2-0
C 40 Park Circle 6/24/2024 $1,480,000 0.2 Colonial 2,276 0.56 4 2-1
D 22 Howe Street 4/5/2024 $1,550,000 0.2 Conventional 1,961 0.59 4 1-1
E 6 Bel Air Drive 4/29/2024 $1,815,000 0.5 Colonial 2,058 0.5 4 2-1
F 130 Lincoln Street 4/29/2024 $1,114,100 0.6 Cape Cod 2,104 0.69 3 2-1
G 90 Otis Street 6/18/2024 $1,700,000 0.7 Colonial 2,566 0.79 4 3-1
H 71 Lincoln Street 4/30/2024 $1,920,000 0.7 Historical 2,618 0.55 4 2-1
I 189 Wompatuck Road 6/3/2024 $1,140,000 0.7 Colonial 1,876 0.33 3 2-0
J 17 Sycamore Lane 2/6/2024 $1,242,500 0.8 Cape Cod 2,387 0.15 4 3-0
K 44 Bradley Park Drive 6/20/2024 $850,000 0.9 Cape Cod 2,080 0.24 3 2-0
Averages 53 days $1,501,055 0.51 --- 2,198 0.46 --- ---  

Estimation of Market Value - $1,963,152

As of today, 07/07/2024, the estimated market value of 231 Otis Street, Hingham considering the above 11 comparable properties is $1,963,152.

 

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
Mailing Labels
  • 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
@ 231 Otis Street 9/7/2017 $1,200,000 0 Conventional 2,464 0.3 3 2-1 -
  Criteria
A 227 Otis Street 11/1/2022 $3,700,000 0.0 Conventional 2,530 0.62 4 2-1
B 235 Otis Street 5/20/2022 $2,250,000 0.0 Contemporary 2,825 0.35 4 2-1
C 121 Downer Avenue 7/1/2024 $2,600,000 0.0 Conventional 2,246 0.52 4 2-1
D 119 Downer Avenue 8/3/2021 $875,000 0.0 Bungalow 1,514 0.31 3 1-1
E 225 Otis Street 6/5/2017 $1,450,000 0.1 Ranch 1,778 1.55 3 2-0
F 228 Otis Street 5/16/2007 $806,000 0.1 Conventional 3,511 0.76 5 2-1
G 234 Otis Street 6/25/2021 $1,175,000 0.1 Colonial 2,230 0.67 3 2-1
H 240 Otis Street 7/23/2015 $855,000 0.1 Colonial 2,734 0.69 4 2-1
I 222 Otis Street 7/10/2003 $1 0.1 Conventional 3,057 0.85 4 2-2
J 111 Downer Avenue 6/5/2017 $700,000 0.1 Raised Ranch 1,866 0.46 4 2-1
K 120 Downer Avenue 12/12/2022 $981,000 0.1 Contemporary 1,352 0.12 3 2-0
L 118 Downer Avenue 5/27/2021 $1,900,000 0.1 Bungalow 976 0.19 1 1-0
M 114 Downer Avenue 4/11/2006 $782,500 0.1 Colonial 2,827 0.33 3 3-0
N 7 Causeway Road 11/1/1996 $690,000 0.1 Colonial 5,471 1.14 4 4-0
O 122 Downer Avenue 3/7/2022 $1 0.1 Bungalow 960 0.15 2 1-0
P 126 Downer Avenue 10/4/2017 $922,500 0.1 Conventional 1,722 0.2 3 2-1
Q 106 Downer Avenue 8/15/1961 $1 0.1 Other Municip 486 0.22 0 0-
R 216 Otis Street 8/27/2010 $10 0.1 Colonial 2,523 0.57 5 2-1
S 131 Downer Avenue 1/26/2018 $1,250,000 0.1 Colonial 2,445 0.63 6 3-0
T 217 Otis Street 7/26/2000 $1 0.1 Ranch 1,683 1.57 2 2-0
U 3 Kilmer Road 10/26/2020 $725,000 0.1 Conventional 1,704 0.11 3 2-1
V 23 Governor Andrew Road 5/2/2011 $653,000 0.1 Cape Cod 2,479 0.17 4 2-1
W 21 Governor Andrew Road 7/26/2018 $600,000 0.1 Cape Cod 1,330 0.17 2 2-0
X 25 Governor Andrew Road 5/20/2020 $599,900 0.1 Cape Cod 1,341 0.17 3 1-0
Y 103 Downer Avenue 7/12/2013 $935,000 0.1 Colonial 3,888 0.51 4 5-1
Z 7 Daley Road 11/15/2021 $1,701,000 0.1 Colonial 3,587 0.17 4 3-1
- 17 Governor Andrew Road 5/18/2022 $725,000 0.1 Colonial 1,040 0.17 3 1-0
- 29 Governor Andrew Road 8/30/1996 $253,000 0.1 Cape Cod 1,306 0.17 3 3-0
- 12 Kilmer Road 10/19/2021 $100 0.1 Bungalow 819 0.15 2 1-0
- 6 Whiton Avenue 3/7/2022 $1 0.1 Bungalow 1,036 0.12 3 1-0
- 3 Whiton Avenue 5/13/2014 $400,000 0.1 Bungalow 1,264 0.14 2 2-0
- 11 Kilmer Road 6/30/2020 $637,500 0.1 Colonial 1,421 0.11 3 1-0
- 15 Governor Andrew Road 1/18/2023 $900,000 0.1 Cape Cod 1,395 0.17 3 2-0
- 6 Daley Road 12/9/2019 $750,000 0.1 Conventional 2,112 0.35 3 2-0
- 31 Governor Andrew Road 8/10/2007 $575,000 0.1 Colonial 2,224 0.22 5 2-0
- 102 Downer Avenue 6/2/2016 $419,000 0.1 Bungalow 1,071 0.43 3 1-0
- 9 Daley Road 7/20/1998 $152,000 0.1 Ranch 994 0.16 3 1-0
- 212 Otis Street 5/2/2024 $2,120,000 0.1 Colonial 4,175 0.47 4 3-1
- 16 Causeway Road 6/5/2015 $1 0.1 Contemporary 6,416 0.67 3 3-2
- 13 Governor Andrew Road 1/6/2021 $1 0.1 Colonial 1,773 0.17 4 1-1
- 132 Downer Avenue 8/3/1998 $150,000 0.1 Bungalow 1,073 0.15 3 1-0
- 8 Whiton Avenue 7/31/2006 $442,500 0.1 Bungalow 932 0.1 2 1-0
- 13 Kilmer Road 9/8/2023 $1,562,000 0.1 Bungalow 938 0.11 2 1-0
- 12 Causeway Road 9/7/2012 $1,475,000 0.1 Colonial 3,354 0.12 5 2-1
- 8 Causeway Road 12/23/2013 $1 0.1 Vacant Land 0.29 -
- 8 Daley Road 3/27/1991 $111,000 0.1 Colonial 1,990 0.17 4 2-1
- 11 Daley Road 11/23/2022 $1,025,000 0.1 Conventional 1,727 0.16 3 2-1
- 0 Causeway Road 11/1/1996 $690,000 0.1 Vacant Land 0.23 -
- 10 Causeway Road 4/15/1950 $1 0.1 Split-level 1,056 0.17 3 2-0
- 101 Downer Avenue 12/4/2014 $440,000 0.1 Cape Cod 1,387 0.15 3 2-0
- 134 Downer Avenue 7/30/2004 $1 0.1 Bungalow 964 0.15 3 2-0
- 5 Melville Walk 3/30/2012 $3,000,000 0.1 Conventional 5,562 0.3 5 3-1
- 33 Governor Andrew Road 11/9/2020 $749,000 0.1 Cape Cod 1,626 0.3 3 2-1
- 9 Governor Andrew Road 7/8/2009 $1 0.1 Cape Cod 2,309 0.3 3 2-1
- 8 Hayes Road 9/15/2022 $10 0.1 Cape Cod 1,543 0.24 4 2-0
- 16 Kilmer Road 9/13/2019 $462,000 0.1 Bungalow 880 0.08 1 1-0
- 10 Whiton Avenue 3/24/2021 $1,550,000 0.1 Bungalow 908 0.1 3 1-0
- 26 Governor Andrew Road 10/14/1992 $1 0.1 Colonial 2,580 0.17 4 3-1
- 15 Kilmer Road 12/20/2002 $305,000 0.1 Bungalow 1,116 0.1 2 2-0
- 30 Governor Andrew Road 6/19/2020 $734,000 0.1 Colonial 1,850 0.16 4 1-1
- 24 Governor Andrew Road 7/16/2015 $669,900 0.1 Cape Cod 1,490 0.17 3 2-0
- 32 Governor Andrew Road 6/9/2000 $292,400 0.1 Colonial 2,260 0.15 3 3-1
- 205 Otis Street 12/8/2016 $1 0.1 Conventional 3,164 0.12 4 4-1
- 143 Downer Avenue 8/23/2017 $1 0.1 Historical 3,007 0.29 4 1-1
- 13 Daley Road 4/20/2007 $408,000 0.1 Colonial 1,916 0.16 3 2-0
- 22 Governor Andrew Road 9/6/2023 $850,000 0.1 Colonial 1,584 0.18 3 2-0
- 36 Governor Andrew Road 5/31/2018 $787,500 0.1 Cape Cod 1,666 0.18 4 2-0
- 7 Whiton Avenue 7/8/2022 $1,390,000 0.1 Colonial 2,048 0.29 3 2-1
- 98 Downer Avenue 8/23/1993 $267,156 0.1 Colonial 2,252 0.47 4 2-1
- 97 Downer Avenue 12/20/2016 $500 0.1 Vacant Land 0.08 -
Averages 4389 days $720,621 0.10 --- 1,961 0.32 --- ---  
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
27-0-66 231 Otis Street