3 Otis Street, Hingham, MA 02043

3 Otis Street Hingham MA 02043
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Owner Information
Owner 1
Bare Cove Properties LLC
Owner 2
Owner's Address
3 Otis Street Hingham, MA 02043
Market Sale Information
Most recent sale date
8/15/2008
Previous sale date
04/21/1998
Transfer document #
36276-0124
Previous transfer document
16110-0246
Grantor
Three Otis Street Realty Trust
Previous grantor
Thomas F Kehoe
Most recent sale price
$900,000.00
Previous sale price
$450,000.00
Site Information
Property ID
50-0-49
Lot Size
0.21
Use Code
384 - Marinas
Zoning
XX
Building Style
Restaurant
Number of Rooms
0
Stories
1
Number of Beds
0
Year Built
1950
Number of full baths
0
Condition
Number of half baths
Finished Area
2827
Number of Kitchen
Gross Living Area
4213
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Flat
Heating type
Gas
Roof Cover
Tar & Gravel
Heating fuel
Forced Air-Duc
Frame type
Wood Frame
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$928,600.00
Total value
$1,281,100.00
Building value
$352,500.00
Estimated tax
$12,811.00
Yard improvement value
$0.00
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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 3 Otis Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $318.36 Style Restaurant Age 1950 Rooms 0 Bedrooms 0 Full baths 0 Half baths Gross Living Area 4213 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.21 Roof Cover Tar & Gravel AEM Value - Building $352,500.00 AEM Value - Land $928,600.00 AEM Value - Other $0.00 AEM Value - Total $1,281,100.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Otis Street 8/15/2008 $900,000 0 Restaurant 2,827 0.21 0 0- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 3 Otis Street 8/15/2008 $900,000 0 Restaurant 2,827 0.21 0 0- -
  Criteria
A 2 Otis Street 9/13/1991 $500,000 0.0 Restaurant 3,486 0.24 0 0-
B 4 Summer Street 6/23/1989 $1 0.0 Vacant Land 0.56 -
C 7 Cottage Street 6/14/2005 $870,000 0.0 Historical 3,119 0.6 4 2-1
D 0 North Street $1 0.0 Vacant Land 0.05 -
E 8 North Street 9/26/2006 $1 0.1 Restaurant 2,360 0.03 0 0-
F 0 Summer Street $1 0.1 Vacant Land 0.07 -
G 3 Summer Street 2/25/2003 $305,000 0.1 Office Bldg 3,788 0.07 0 0-
H 6 Mill Street 7/6/2021 $100 0.1 Offc Ovr Ret 4,323 0.06 0 0-
I 9 Summer Street 10/6/2022 $1,075,000 0.1 Branch Bank 1,632 0.28 0 0-
J 11 Cottage Street 7/13/2017 $1 0.1 Historical 2,530 0.25 3 2-1
K 15 North Street 3/28/1995 $250,000 0.1 Restaurant 2,574 0.46 0 0-
L 14 North Street 11/3/1992 $725,000 0.1 Restaurant 10,761 0.26 0 0-
M 12 Summer Street 10/15/1974 $60,000 0.1 Vacant Land 0.4 -
N 19 North Street 3/4/1997 $1 0.1 Historical 3,008 0.15 4 2-0
O 16 North Street 8/1/1997 $500,000 0.1 Office Bldg 4,116 0.12 0 0-
P 15 Cottage Street 2/12/2007 $1 0.1 Historical 2,927 0.64 6 2-1
Q 10 Cottage Street 6/8/1989 $345,000 0.1 Historical 2,807 0.32 5 3-1
R 25 North Street 5/12/1995 $230,000 0.1 Multi Family 3,008 0.23 6 3-0
S 20 North Street 6/6/2006 $725,000 0.1 Stores/apt Com 2,369 0.11 0 0-
T 14 Cottage Street 10/30/2001 $525,000 0.1 Conventional 1,805 0.14 3 1-1
U 24 North Street 5/31/2005 $810,000 0.1 Stores/apt Com 5,396 0.15 0 0-
V 29 North Street 4/30/1996 $76,000 0.1 Historical 710 0.07 2 1-0
W 71 Water Street 4/7/2000 $1 0.1 Supermarket 16,233 1.6 0 0-
X 21 Cottage Street 5/17/2018 $1,359,000 0.1 Colonial 2,140 0.54 3 2-1
Y 31 North Street 5/10/2021 $100 0.1 Historical 1,438 0.1 3 2-0
Z 12 Cottage Street 7/18/2014 $750,000 0.1 Historical 3,267 0.44 6 4-1
- 28 North Street 7/30/2024 $750,000 0.1 Store 1,383 0.06 0 0-
- 16 Summer Street 9/11/2008 $1,737,000 0.1 Vacant Land 0.51 -
- 18 Cottage Street 12/10/2010 $750,000 0.1 Historical 3,270 0.47 4 3-0
- 35 North Street 12/3/2014 $888,500 0.1 Historical 2,899 0.21 4 3-1
- 30 North Street 3/17/1996 $240,000 0.1 Office Bldg 5,208 0.12 0 0-
- 6 Green Street 1/3/2008 $535,000 0.1 Multi Family 2,448 0.18 4 2-0
- 0 Otis Street $1 0.1 Outbuildings 5.75 -
- 22 Cottage Street 4/4/2007 $1,370,000 0.1 Historical 3,324 0.36 5 3-1
- 19 Summer Street 5/26/2016 $100 0.1 Car Wash 5,248 0.84 0 0-
- 34 North Street 8/11/1998 $115,000 0.1 Conventional 1,500 0.08 4 2-1
- 31 Ship Street 7/11/2018 $1 0.1 Historical 3,096 0.57 4 3-1
- 41 North Street 1/11/2008 $210,000 0.1 Historical 1,640 0.07 4 1-0
- 26 Summer Street 3/6/2023 $2,250,000 0.1 Office Bldg 1,598 0.54 0 0-
Averages 6923 days $460,277 0.09 --- 2,959 0.45 --- ---  
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
50-0-49 3 Otis Street