16 Bank Avenue, Hingham, MA 02043

Owner Information
Owner 1
Thomas W Harman & Vicki T
Owner 2
Owner's Address
16 Bank Avenue Hingham, MA 02043
Market Sale Information
Most recent sale date
10/27/2022
Previous sale date
07/16/2004
Transfer document #
57364-267
Previous transfer document
28669-0034
Grantor
Edward S Brown
Previous grantor
Benedict D Wilcox
Most recent sale price
$575,000.00
Previous sale price
$375,000.00
Site Information
Property ID
61-0-52
Lot Size
0.06
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Conventional
Number of Rooms
3
Stories
1.65
Number of Beds
1
Year Built
1910
Number of full baths
2
Condition
Number of half baths
0
Finished Area
734
Number of Kitchen
Gross Living Area
1524
Number of Fireplaces
0
Bsmnt floot
Number of parking
Interior walls
Typical
Floor type
Average
Solar Hot Water
No
Roof Structure
Gable
Heating type
Oil
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$305,700.00
Total value
$456,900.00
Building value
$151,200.00
Estimated tax
$4,569.00
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 16 Bank Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $783.38 Style Conventional Age 1910 Rooms 3 Bedrooms 1 Full baths 2 Half baths 0 Gross Living Area 1524 Heating Fuel Hot Water Detached Garage Lot Size 0.06 Roof Cover Asphalt AEM Value - Building $151,200.00 AEM Value - Land $305,700.00 AEM Value - Other $0.00 AEM Value - Total $456,900.00
A) 5 Green Street Court 0.4 8/8/2024 $525,000 798 2 $657.89 Cape Cod 1880 4 2 1 0 1197 Forced Air-Duc 0.04 Asphalt $158,700 $328,400 $0 $487,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Bank Avenue 10/27/2022 $575,000 0 Conventional 734 0.06 1 2-0 -
  Criteria
A 5 Green Street Court 8/8/2024 $525,000 0.4 Cape Cod 798 0.04 2 1-0
Averages 85 days $525,000 0.41 --- 798 0.04 --- ---  

Estimation of Market Value - $487,672

As of today, 10/31/2024, the estimated market value of 16 Bank Avenue, Hingham considering the above 1 comparable properties is $487,672.

 

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
@ 16 Bank Avenue 10/27/2022 $575,000 0 Conventional 734 0.06 1 2-0 -
  Criteria
A 12 Bank Avenue 7/23/1993 $133,000 0.0 Historical 1,778 0.1 4 2-1
B 18 Bank Avenue 4/26/2002 $1 0.0 Conventional 2,640 0.2 5 2-1
C 10 Bank Avenue 3/18/2015 $307,500 0.0 Cape Cod 1,556 0.08 5 2-0
D 11 Bank Avenue 12/30/2019 $400,000 0.0 Vacant Land 0.47 -
E 11 Fearing Road 9/20/2001 $830,000 0.0 Branch Bank 2,336 0.62 0 0-
F 121 North Street 10/26/1995 $1,970,984 0.0 Post Office 16,036 0.94 0 0-
G 52 Cottage Street 12/17/2010 $935,000 0.0 Historical 3,687 0.79 5 2-0
H 58 Cottage Street 7/11/2012 $2,875,000 0.0 Historical 3,997 0.76 6 4-3
I 115 North Street 8/26/1997 $1 0.0 Stores/apt Com 5,212 0.26 3 3-
J 105 North Street 2/7/2022 $1 0.0 Apt House 7,752 0.91 9 9-0
K 44 Cottage Street 2/2/2021 $2,225,000 0.1 Cape Cod 3,834 0.94 5 4-2
L 48 Cottage Street 8/25/2015 $1,475,000 0.1 Historical 3,872 0.31 5 3-2
M 46 Cottage Street 12/17/2018 $100 0.1 Colonial 4,390 0.67 5 3-3
N 20 Fearing Road 10/3/1950 $1 0.1 Historical 11,094 0.45 0-1
O 147 North Street $1 0.1 Colonial 4,952 2.98 4 3-0
P 114 North Street 1/13/2003 $475,000 0.1 Restaurant 2,778 0.03 0 0-
Q 118 North Street 10/5/2004 $750,000 0.1 Strip Stores 1,550 0.04 0 0-
R 110 North Street 4/5/2007 $525,000 0.1 Stores/apt Com 2,048 0.03 0 0-
S 42 Cottage Street 4/17/2020 $100 0.1 Colonial 4,248 0.46 6 4-1
T 102 North Street 8/2/2000 $1 0.1 Strip Stores 3,108 0.08 0 0-
U 124 North Street 12/15/2000 $400,000 0.1 Offc Ovr Ret 4,788 0.06 0 0-
V 89 North Street 7/17/2003 $1,450,000 0.1 Historical 3,858 0.37 4 2-0
W 59 Cottage Street 6/30/2023 $2,000,000 0.1 Historical 2,018 0.44 3 2-0
X 0 North Street $1 0.1 Vacant Land 0.03 -
Y 65 Cottage Street 7/17/2024 $2,495,000 0.1 Historical 2,515 0.31 4 2-1
Z 2 Hull Street 6/11/1982 $1 0.1 Vacant Land 0.15 -
- 24 Fearing Road 9/2/1992 $340,000 0.1 Historical 4,483 0.23 3 2-1
- 33 South Street 8/21/2000 $1 0.1 Store 273 0.03 0 0-
- 39 South Street 5/11/2011 $1 0.1 Store 1,387 0.02 0 0-
- 8 Ship Street 9/26/2012 $1 0.1 Duplex 2,577 0.24 5 3-0
- 8 Main Street 8/10/2020 $800,000 0.1 Offc Ovr Ret 2,435 0.03 0 0-
- 18 Ship Street 5/24/2007 $1,491,500 0.1 Colonial 4,224 0.48 5 3-1
- 88 North Street 12/13/2017 $775,000 0.1 Store 2,150 0.07 0 0-
- 28 Fearing Road 8/11/2015 $100 0.1 Historical 3,925 0.28 5 4-1
- 38 Cottage Street 12/30/2009 $1,000,000 0.1 Historical 4,893 0.43 4 3-1
- 1 Lincoln Street $1 0.1 Churches 5,512 0.24 0 0-
- 140 North Street 3/21/2019 $2,400,000 0.1 Restaurant 5,348 0.12 0 0-
- 55 Cottage Street 7/12/1995 $100 0.1 Historical 4,323 1.87 5 3-0
- 33 Fearing Road 9/15/2000 $750,000 0.1 Historical 3,396 0.21 4 2-1
- 84 North Street 2/12/2009 $475,000 0.1 Strip Stores 3,021 0.08 0 0-
- 28 South Street 8/20/2015 $1,000,000 0.1 Offc Ovr Ret 7,521 0.16 0 0-
- 51 South Street 9/7/2006 $1,500,000 0.1 Outbuildings 0.08 -
- 6 South Street 10/9/2003 $125,000 0.1 Vacant Land 0.08 -
- 24 South Street 7/22/1997 $1 0.1 Colonial 1,888 0.13 5 1-1
- 5 Lincoln Street 12/12/2000 $1 0.1 Colonial 2,359 0.28 4 2-0
- 14 Main Street 5/25/2022 $2,200,000 0.1 Office Bldg 8,060 0.25 0 0-
- 72 North Street 1/4/2001 $100 0.1 Strip Stores 5,877 0.28 0 0-
- 57 South Street 1/3/2008 $100 0.1 Offc Ovr Ret 3,594 0.05 0 0-
- 36 Cottage Street 1/15/2016 $729,000 0.1 Historical 1,604 0.1 3 2-0
- 15 Lincoln Street 3/7/2022 $100 0.1 Historical 5,562 0.43 6 3-2
- 43 Cottage Street 10/9/2009 $3,865,000 0.1 Historical 6,268 1.51 5 5-2
- 34 Fearing Road 9/30/2020 $1 0.1 Colonial 3,456 0.34 6 4-0
- 37 Fearing Road 11/16/2023 $2,000,000 0.1 Historical 2,671 0.13 3 3-0
- 65 South Street 11/6/2009 $680,000 0.1 Stores/apt Com 4,488 0.04 2 1-
- 7 Ship Street 5/25/2022 $100 0.1 Conventional 1,929 0.17 3 2-1
- 9 Ship Street 7/14/1950 $0 0.1 Colonial 974 0.21 3 1-0
- 39 Fearing Road 2/23/2021 $100 0.1 Historical 3,346 0.48 5 3-1
- 164 North Street 5/21/1980 $1 0.1 Store 6,634 0.55 0 0-
- 69 North Street 8/2/2017 $535,000 0.1 Multi Family 3,688 0.15 8 3-0
- 26 Ship Street 4/1/2019 $950,000 0.1 Historical 3,163 0.17 5 2-1
- 15 Ship Street 6/16/2022 $1,555,000 0.1 Historical 2,511 0.31 4 2-0
- 34 Main Street 11/15/1966 $1 0.1 Historical 10,094 0.53 0-2
- 9 Central Street 6/30/2004 $1,050,000 0.1 Branch Bank 4,216 0.05 0 0-
Averages 6476 days $689,967 0.09 --- 3,776 0.37 --- ---  
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
61-0-52 16 Bank Avenue