16 Bishops Lane, Hingham, MA 02043

Owner Information
Owner 1
Steven C Young & Caroline P
Owner 2
Young Family Trust
Owner's Address
16 Bishops Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
10/30/2019
Previous sale date
07/20/2017
Transfer document #
51869-119
Previous transfer document
48690-0288
Grantor
Steve Young
Previous grantor
John Sadler
Most recent sale price
$1.00
Previous sale price
$1,600,000.00
Site Information
Property ID
70-0-22
Lot Size
2.32
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Colonial
Number of Rooms
11
Stories
2
Number of Beds
5
Year Built
1926
Number of full baths
4
Condition
Number of half baths
0
Finished Area
3024
Number of Kitchen
Gross Living Area
4681
Number of Fireplaces
2
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Gas
Roof Cover
Wood Shingle
Heating fuel
Steam
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2023
Land Value
$675,100.00
Total value
$1,850,200.00
Building value
$1,175,100.00
Estimated tax
$18,502.00
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 Bishops Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1926 Rooms 11 Bedrooms 5 Full baths 4 Half baths 0 Gross Living Area 4681 Heating Fuel Steam Detached Garage Lot Size 2.32 Roof Cover Wood Shingle AEM Value - Building $1,175,100.00 AEM Value - Land $675,100.00 AEM Value - Other $0.00 AEM Value - Total $1,850,200.00
A) 264 South Street 0.1 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
B) 132 South Street 0.3 5/15/2024 $1,350,000 2,320 2 $581.90 Historical 1800 7 3 2 1 3481 Forced Air-Duc 0.36 Wood Shingle $537,400 $445,800 $0 $983,200
C) 47 Lafayette Avenue 0.4 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
D) 41 Beal Street 0.5 3/19/2024 $1,350,000 2,552 2 $529.00 Colonial 2016 8 3 3 1 4884 Forced Air-Duc 0.44 Asphalt $897,900 $406,700 $0 $1,304,600
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) 108 Lincoln Street 0.6 4/5/2024 $1,175,000 3,250 2 $361.54 Colonial 1952 9 4 3 1 5257 Hot Water 0.63 Asphalt $485,800 $597,000 $0 $1,082,800
G) 132 Main Street 0.7 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
H) 56 Garrison Road 0.7 3/15/2024 $1,110,000 2,278 2 $487.27 Colonial 1915 8 3 2 0 4045 Forced Air-Duc 0.46 Asphalt $288,200 $792,500 $0 $1,080,700
I) 90 Otis Street 0.8 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
J) 10 Franklin Rodgers Road 0.8 6/7/2024 $2,235,000 2,846 2 $785.31 Colonial 1994 8 4 2 1 6710 Hot Water 1.41 Asphalt $757,400 $588,100 $0 $1,345,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Bishops Lane 10/30/2019 $1 0 Colonial 3,024 2.32 5 4-0 -
  Criteria
A 264 South Street 6/26/2024 $2,075,000 0.1 Colonial 3,688 1.44 4 3-2
B 132 South Street 5/15/2024 $1,350,000 0.3 Historical 2,320 0.36 3 2-1
C 47 Lafayette Avenue 6/21/2024 $1,750,000 0.4 Conventional 3,188 0.24 5 3-1
D 41 Beal Street 3/19/2024 $1,350,000 0.5 Colonial 2,552 0.44 3 3-1
E 71 Lincoln Street 4/30/2024 $1,920,000 0.5 Historical 2,618 0.55 4 2-1
F 108 Lincoln Street 4/5/2024 $1,175,000 0.6 Colonial 3,250 0.63 4 3-1
G 132 Main Street 6/28/2024 $2,715,000 0.7 Historical 3,598 0.45 4 2-1
H 56 Garrison Road 3/15/2024 $1,110,000 0.7 Colonial 2,278 0.46 3 2-0
I 90 Otis Street 6/18/2024 $1,700,000 0.8 Colonial 2,566 0.79 4 3-1
J 10 Franklin Rodgers Road 6/7/2024 $2,235,000 0.8 Colonial 2,846 1.41 4 2-1
Averages 48 days $1,738,000 0.55 --- 2,890 0.68 --- ---  

Estimation of Market Value - $2,085,948

As of today, 07/02/2024, the estimated market value of 16 Bishops Lane, Hingham considering the above 10 comparable properties is $2,085,948.

 

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 Bishops Lane 10/30/2019 $1 0 Colonial 3,024 2.32 5 4-0 -
  Criteria
A 0 Bishops Lane 10/30/2019 $1 0.0 Vacant Land 0.94 -
B 6 Bishops Lane 3/31/2021 $1,650,000 0.0 Colonial 2,703 0.97 4 2-1
C 25 Del Prete Drive 12/5/2022 $1,900,000 0.1 Colonial 2,962 2.55 4 3-1
D 266 South Street 8/15/1991 $296,420 0.1 Colonial 3,344 0.96 4 2-2
E 26 Del Prete Drive 3/29/2012 $845,250 0.1 Colonial 3,036 1.48 4 3-1
F 264 South Street 6/26/2024 $2,075,000 0.1 Colonial 3,688 1.44 4 3-2
G 226 South Street 7/12/2012 $415,000 0.1 Ranch 952 0.73 2 1-0
H 248 South Street 6/16/2021 $2,311,000 0.1 Historical 3,803 0.83 4 3-2
I 2 Bishops Lane 9/17/2012 $860,000 0.1 Colonial 2,780 0.52 4 3-0
J 256 South Street 5/18/2016 $1,170,000 0.1 Historical 3,902 1.53 5 2-2
K 214-R South Street 8/28/2020 $1,900,000 0.1 Conventional 3,066 1.46 6 3-1
L 222 South Street 5/31/2012 $885,000 0.1 Historical 2,678 0.5 4 3-0
M 234 South Street 6/15/2018 $775,000 0.1 Historical 3,056 0.37 5 3-0
N 228 South Street 8/1/2003 $505,000 0.1 Historical 1,857 0.57 3 1-1
O 24 Del Prete Drive 10/14/1998 $469,000 0.1 Cape Cod 1,873 0.78 3 2-1
P 210 South Street 12/9/2009 $100 0.1 Historical 2,498 1 3 2-1
Q 262 South Street 9/11/1991 $305,000 0.1 Colonial 3,926 0.74 5 2-1
R 224 South Street 7/7/2023 $550,000 0.1 Cape Cod 840 0.13 2 1-0
S 23 Del Prete Drive 7/1/1986 $280,000 0.1 Colonial 2,996 0.47 4 2-1
T 22 Del Prete Drive 9/8/2016 $1,100,000 0.1 Colonial 2,288 0.72 4 2-1
U 208 South Street 12/9/2009 $100 0.1 Vacant Land 0.55 -
V 214 South Street 8/28/2020 $1,900,000 0.1 Vacant Land 0.61 -
W 241 South Street 6/29/2014 $643,000 0.1 Apt House 3,258 0.25 6 4-0
X 237 South Street 10/27/2022 $100 0.1 Historical 4,500 0.36 5 3-2
Y 210-R South Street 5/1/1979 $7,500 0.1 Vacant Land 1.75 -
Z 247 South Street 7/23/2018 $1 0.1 Colonial 2,195 0.49 3 1-1
- 227 South Street 9/29/2017 $782,500 0.1 Historical 3,270 0.35 5 3-0
- 15 Oregon Court 4/26/2007 $530,000 0.1 Historical 2,331 0.16 5 2-1
Averages 4665 days $791,249 0.09 --- 2,422 0.83 --- ---  
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
70-0-22 16 Bishops Lane