7 Cottage Street, Hingham, MA 02043

Owner Information
Owner 1
Terrance E Granahan
Owner 2
Owner's Address
7 Cottage Street Hingham, MA 02043
Market Sale Information
Most recent sale date
6/14/2005
Previous sale date
10/02/1997
Transfer document #
30710-0254
Previous transfer document
15531-0277
Grantor
Mildred E Bouve
Previous grantor
Mildred E Bouve
Most recent sale price
$870,000.00
Previous sale price
$1.00
Site Information
Property ID
50-0-44
Lot Size
0.6
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Historical
Number of Rooms
9
Stories
2
Number of Beds
4
Year Built
1880
Number of full baths
2
Condition
Number of half baths
1
Finished Area
3119
Number of Kitchen
Gross Living Area
5839
Number of Fireplaces
2
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Mansard
Heating type
Gas
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$1,136,300.00
Total value
$2,169,600.00
Building value
$1,033,300.00
Estimated tax
$21,696.00
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 Cottage Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $278.94 Style Historical Age 1880 Rooms 9 Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 5839 Heating Fuel Hot Water Detached Garage Lot Size 0.6 Roof Cover Asphalt AEM Value - Building $1,033,300.00 AEM Value - Land $1,136,300.00 AEM Value - Other $0.00 AEM Value - Total $2,169,600.00
A) 65 Cottage Street 0.3 7/17/2024 $2,495,000 2,515 2 $992.05 Historical 1845 8 4 2 1 4514 Hot Water 0.31 Asphalt $800,800 $765,900 $0 $1,566,700
B) 90 Otis Street 0.3 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
C) 132 Main Street 0.3 6/28/2024 $2,715,000 3,598 2 $754.59 Historical 1723 10 4 2 1 5586 Hot Water 0.45 Wood Shingle $922,900 $790,600 $0 $1,713,500
D) 39 Elm Street 0.5 8/9/2024 $1,850,000 3,198 2 $578.49 Conventional 1900 11 4 2 1 4644 Hot Water 0.22 Asphalt $745,000 $656,900 $0 $1,401,900
E) 71 Lincoln Street 0.5 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
F) 47 Lafayette Avenue 0.5 6/21/2024 $1,750,000 3,188 2.5 $548.93 Conventional 1880 11 5 3 1 5001 Forced Air-Duc 0.24 Asphalt $475,100 $456,900 $0 $932,000
G) 108 Lincoln Street 0.7 9/18/2024 $2,100,000 3,250 2 $646.15 Colonial 1952 9 4 3 1 5257 Hot Water 0.63 Asphalt $485,800 $597,000 $0 $1,082,800
H) 28 Crowes Lane 0.7 8/27/2024 $1,445,000 2,479 1.75 $582.90 Cape Cod 1949 7 4 3 0 4391 Hot Water 0.29 Asphalt $656,000 $554,500 $0 $1,210,500
I) 8 Del Prete Drive 0.7 8/6/2024 $1,750,000 2,862 2.75 $611.46 Colonial 1987 9 4 3 1 4701 Hot Water 0.47 Asphalt $783,400 $577,100 $0 $1,360,500
J) 178 Otis Street 0.8 7/11/2024 $4,000,000 2,472 1.75 $1618.12 Cape Cod 1921 8 4 2 1 5423 Steam 0.32 Asphalt $1,025,500 $1,535,500 $0 $2,561,000
K) 34 Leavitt Street 0.8 5/31/2024 $1,715,000 2,761 2.5 $621.15 Historical 1835 10 5 3 0 4348 Steam 0.3 Asphalt $485,200 $555,900 $0 $1,041,100
L) 264 South Street 0.9 6/26/2024 $2,075,000 3,688 2 $562.64 Colonial 1988 8 4 3 2 7736 Hot Water 1.44 Asphalt $1,484,100 $516,800 $0 $2,000,900
M) 23 Governor Andrew Road 1.0 7/15/2024 $1,375,000 2,479 1.75 $554.66 Cape Cod 2007 8 4 2 1 6525 Forced Air-Duc 0.17 Asphalt $545,900 $423,800 $0 $969,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Cottage Street 6/14/2005 $870,000 0 Historical 3,119 0.6 4 2-1 -
  Criteria
A 65 Cottage Street 7/17/2024 $2,495,000 0.3 Historical 2,515 0.31 4 2-1
B 90 Otis Street 6/18/2024 $1,700,000 0.3 Colonial 2,566 0.79 4 3-1
C 132 Main Street 6/28/2024 $2,715,000 0.3 Historical 3,598 0.45 4 2-1
D 39 Elm Street 8/9/2024 $1,850,000 0.5 Conventional 3,198 0.22 4 2-1
E 71 Lincoln Street 4/30/2024 $1,920,000 0.5 Historical 2,618 0.55 4 2-1
F 47 Lafayette Avenue 6/21/2024 $1,750,000 0.5 Conventional 3,188 0.24 5 3-1
G 108 Lincoln Street 9/18/2024 $2,100,000 0.7 Colonial 3,250 0.63 4 3-1
H 28 Crowes Lane 8/27/2024 $1,445,000 0.7 Cape Cod 2,479 0.29 4 3-0
I 8 Del Prete Drive 8/6/2024 $1,750,000 0.7 Colonial 2,862 0.47 4 3-1
J 178 Otis Street 7/11/2024 $4,000,000 0.8 Cape Cod 2,472 0.32 4 2-1
K 34 Leavitt Street 5/31/2024 $1,715,000 0.8 Historical 2,761 0.3 5 3-0
L 264 South Street 6/26/2024 $2,075,000 0.9 Colonial 3,688 1.44 4 3-2
M 23 Governor Andrew Road 7/15/2024 $1,375,000 1.0 Cape Cod 2,479 0.17 4 2-1
Averages 73 days $2,068,462 0.61 --- 2,898 0.48 --- ---  

Estimation of Market Value - $2,643,521

As of today, 09/21/2024, the estimated market value of 7 Cottage Street, Hingham considering the above 13 comparable properties is $2,643,521.

 

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 Cottage Street 6/14/2005 $870,000 0 Historical 3,119 0.6 4 2-1 -
  Criteria
A 11 Cottage Street 7/13/2017 $1 0.0 Historical 2,530 0.25 3 2-1
B 2 Otis Street 9/13/1991 $500,000 0.0 Restaurant 3,486 0.24 0 0-
C 15 North Street 3/28/1995 $250,000 0.0 Restaurant 2,574 0.46 0 0-
D 3 Otis Street 8/15/2008 $900,000 0.0 Restaurant 2,827 0.21 0 0-
E 10 Cottage Street 6/8/1989 $345,000 0.0 Historical 2,807 0.32 5 3-1
F 15 Cottage Street 2/12/2007 $1 0.0 Historical 2,927 0.64 6 2-1
G 19 North Street 3/4/1997 $1 0.0 Historical 3,008 0.15 4 2-0
H 14 Cottage Street 10/30/2001 $525,000 0.1 Conventional 1,805 0.14 3 1-1
I 8 North Street 9/26/2006 $1 0.1 Restaurant 2,360 0.03 0 0-
J 25 North Street 5/12/1995 $230,000 0.1 Multi Family 3,008 0.23 6 3-0
K 0 North Street $1 0.1 Vacant Land 0.05 -
L 18 Cottage Street 12/10/2010 $750,000 0.1 Historical 3,270 0.47 4 3-0
M 6 Mill Street 7/6/2021 $100 0.1 Offc Ovr Ret 4,323 0.06 0 0-
N 16 North Street 8/1/1997 $500,000 0.1 Office Bldg 4,116 0.12 0 0-
O 14 North Street 11/3/1992 $725,000 0.1 Restaurant 10,761 0.26 0 0-
P 21 Cottage Street 5/17/2018 $1,359,000 0.1 Colonial 2,140 0.54 3 2-1
Q 12 Cottage Street 7/18/2014 $750,000 0.1 Historical 3,267 0.44 6 4-1
R 29 North Street 4/30/1996 $76,000 0.1 Historical 710 0.07 2 1-0
S 0 Summer Street $1 0.1 Vacant Land 0.07 -
T 20 North Street 6/6/2006 $725,000 0.1 Stores/apt Com 2,369 0.11 0 0-
U 4 Summer Street 6/23/1989 $1 0.1 Vacant Land 0.56 -
V 31 North Street 5/10/2021 $100 0.1 Historical 1,438 0.1 3 2-0
W 3 Summer Street 2/25/2003 $305,000 0.1 Office Bldg 3,788 0.07 0 0-
X 24 North Street 5/31/2005 $810,000 0.1 Stores/apt Com 5,396 0.15 0 0-
Y 22 Cottage Street 4/4/2007 $1,370,000 0.1 Historical 3,324 0.36 5 3-1
Z 35 North Street 12/3/2014 $888,500 0.1 Historical 2,899 0.21 4 3-1
- 28 North Street 7/30/2024 $750,000 0.1 Store 1,383 0.06 0 0-
- 31 Ship Street 7/11/2018 $1 0.1 Historical 3,096 0.57 4 3-1
- 9 Summer Street 10/6/2022 $1,075,000 0.1 Branch Bank 1,632 0.28 0 0-
- 13 Ship Street 4/20/2018 $100 0.1 Historical 1,986 0.29 3 1-1
- 25 Ship Street 4/29/2022 $1,462,500 0.1 Historical 3,465 0.31 5 3-1
- 30 North Street 3/17/1996 $240,000 0.1 Office Bldg 5,208 0.12 0 0-
- 41 North Street 1/11/2008 $210,000 0.1 Historical 1,640 0.07 4 1-0
- 45 North Street 2/5/2018 $100 0.1 Historical 2,834 0.29 6 2-1
- 34 North Street 8/11/1998 $115,000 0.1 Conventional 1,500 0.08 4 2-1
- 19 Ship Street 10/10/2014 $1,401,705 0.1 Historical 3,137 0.2 4 2-1
- 0 Otis Street $1 0.1 Outbuildings 5.75 -
- 36 North Street 8/16/2000 $1 0.1 Service Shop 1,560 0.06 0 0-
- 53 North Street 12/15/2006 $755,000 0.1 Office Bldg 3,109 0.22 0 0-
- 15 Ship Street 6/16/2022 $1,555,000 0.1 Historical 2,511 0.31 4 2-0
- 38 North Street 11/19/2014 $860,000 0.1 Stores/apt Com 3,168 0.08 2 2-
- 11 Ship Street 7/1/2020 $1,030,000 0.1 Conventional 1,868 0.31 3 1-1
- 26 Ship Street 4/1/2019 $950,000 0.1 Historical 3,163 0.17 5 2-1
- 0 Station Street 6/22/1948 $10 0.1 Vacant Land 4.18 -
- 40 North Street 10/26/2007 $950,000 0.1 Office Bldg 5,109 0.11 0 0-
- 12 Summer Street 10/15/1974 $60,000 0.1 Vacant Land 0.4 -
- 36 Ship Street 5/8/2012 $1 0.1 Vacant Land 0.46 -
- 32 Ship Street 7/6/2017 $1 0.1 Historical 3,598 0.46 6 3-1
- 55 North Street 3/21/2007 $430,000 0.1 Colonial 1,214 0.11 3 1-1
- 36 Cottage Street 1/15/2016 $729,000 0.1 Historical 1,604 0.1 3 2-0
- 44 North Street 8/21/2015 $750,000 0.1 Office Bldg 2,272 0.15 0 0-
- 9 Ship Street 7/14/1950 $0 0.1 Colonial 974 0.21 3 1-0
Averages 6883 days $467,926 0.08 --- 2,522 0.42 --- ---  
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
50-0-44 7 Cottage Street