5 Martins Cove Lane, Hingham, MA 02043

5 Martins Cove Lane Hingham MA 02043
Owner Information
Owner 1
Thomas E Farren & Christina S
Owner 2
Owner's Address
5 Martins Cove Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
5/9/2011
Previous sale date
01/15/1979
Transfer document #
0579-0198
Previous transfer document
0306-0171
Grantor
John P Sanderson
Previous grantor
Most recent sale price
$1,450,000.00
Previous sale price
$162,345.00
Site Information
Property ID
30-0-17
Lot Size
1.03
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1956
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2484
Number of Kitchen
Gross Living Area
4968
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
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$880,300.00
Total value
$1,803,900.00
Building value
$923,600.00
Estimated tax
$18,039.00
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 Martins Cove Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $583.74 Style Colonial Age 1956 Rooms 8 Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 4968 Heating Fuel Forced Air-Duc Detached Garage Lot Size 1.03 Roof Cover Asphalt AEM Value - Building $923,600.00 AEM Value - Land $880,300.00 AEM Value - Other $0.00 AEM Value - Total $1,803,900.00
A) 116 Rockland Street 0.5 6/3/2024 $1,500,000 3,068 2 $488.92 Colonial 2000 10 4 2 0 5108 Forced Air-Duc 3.04 Asphalt $627,800 $377,500 $0 $1,005,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Martins Cove Lane 5/9/2011 $1,450,000 0 Colonial 2,484 1.03 4 2-1 -
  Criteria
A 116 Rockland Street 6/3/2024 $1,500,000 0.5 Colonial 3,068 3.04 4 2-0
Averages 111 days $1,500,000 0.55 --- 3,068 3.04 --- ---  

Estimation of Market Value - $1,953,028

As of today, 09/21/2024, the estimated market value of 5 Martins Cove Lane, Hingham considering the above 1 comparable properties is $1,953,028.

 

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 Martins Cove Lane 5/9/2011 $1,450,000 0 Colonial 2,484 1.03 4 2-1 -
  Criteria
A 7 Martins Cove Road 6/29/2018 $2,100,000 0.0 Contemporary 4,791 0.95 4 3-1
B 9 Martins Cove Lane 7/28/2016 $2,950,000 0.0 Conventional 5,737 1.6 4 5-1
C 112 Martins Lane 1/5/2010 $10 0.0 Ranch 2,176 1.11 4 2-1
D 13 Martins Cove Road 9/6/2023 $4,800,000 0.1 Conventional 4,712 0.91 4 4-1
E 122 Martins Lane 12/1/1998 $470,000 0.1 Ranch 1,539 1.23 2 2-0
F 100 Martins Lane 11/17/2010 $992,000 0.1 Contemporary 4,951 1.16 4 5-1
G 6 Martins Cove Lane 12/29/2022 $8,000,000 0.1 Colonial 4,158 1.75 5 3-1
H 10 Martins Cove Lane 8/11/2008 $421,250 0.1 Outbuildings 1.57 -
I 132 Martins Lane 2/13/2023 $5,000,000 0.1 Cape Cod 4,852 2.13 4 4-1
J 10 Martins Cove Road 3/5/2020 $1 0.1 Colonial 6,944 1.35 5 4-2
K 6 Martins Cove Road 8/26/2011 $1,425,600 0.1 Contemporary 5,028 1.32 4 3-1
L 14 Martins Cove Road 10/28/2005 $1,540,000 0.1 Contemporary 3,456 1.39 4 2-0
M 111 Martins Lane 10/24/2001 $1 0.1 Contemporary 1,926 1.19 4 3-0
N 17 Martins Cove Road 5/29/2009 $10 0.1 Contemporary 5,840 2.02 4 4-1
O 23 Porters Cove Road 6/30/2006 $345,000 0.1 Ranch 2,107 0.93 3 2-0
P 96 Martins Lane 8/6/2008 $1 0.1 Cape Cod 2,017 1.3 3 2-1
Q 105 Martins Lane 4/27/2016 $100 0.1 Colonial 3,015 0.97 3 3-0
R 135 Martins Lane 1/17/2017 $100 0.1 Colonial 2,198 0.52 3 2-0
S 18 Martins Cove Road 10/30/2009 $927,500 0.1 Ranch 3,897 1.34 5 4-0
Averages 4409 days $1,524,820 0.08 --- 3,650 1.3 --- ---  
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
30-0-17 5 Martins Cove Lane