40 Spring Street, Hingham, MA 02043

Owner Information
Owner 1
Grande Celia M Tr
Owner 2
Celia M Grande Family Trust
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
4/14/2023
Previous sale date
7/31/2014
Transfer document #
57826-77
Previous transfer document
44593-0070
Grantor
David McCullough
Previous grantor
Priscilla L Hume
Most recent sale price
$3,317,000.00
Previous sale price
$1,000,000.00
Site Information
Property ID
81-0-112
Lot Size
0.84
Use Code
101 - Residential, single family
Zoning
XX
Building Style
Historical
Number of Rooms
8
Stories
1.75
Number of Beds
3
Year Built
1799
Number of full baths
3
Condition
Number of half baths
1
Finished Area
3239
Number of Kitchen
Gross Living Area
6578
Number of Fireplaces
4
Bsmnt floot
Number of parking
Interior walls
Drywall
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
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$629,700.00
Total value
$1,836,100.00
Building value
$1,206,400.00
Estimated tax
$18,361.00
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 40 Spring Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,024.08 Style Historical Age 1799 Rooms 8 Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area 6578 Heating Fuel Steam Detached Garage Lot Size 0.84 Roof Cover Wood Shingle AEM Value - Building $1,206,400.00 AEM Value - Land $629,700.00 AEM Value - Other $0.00 AEM Value - Total $1,836,100.00
A) 34 Leavitt Street 0.2 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
B) 28 Fairview Street 0.6 6/27/2024 $1,795,000 2,593 1 $692.25 Cape Cod 1954 7 4 2 1 4686 Forced Air-Duc 0.41 Asphalt $598,600 $475,200 $0 $1,073,800
C) 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
D) 5 Eastgate Lane 0.8 3/27/2024 $1,520,000 3,312 2 $458.94 Colonial 1962 11 4 3 0 6254 Hot Water 0.59 Wood Shingle $619,700 $720,900 $0 $1,340,600
E) 100 Main Street 0.8 7/11/2024 $2,899,000 3,910 2.5 $741.43 Historical 1880 13 5 3 1 6672 Radiant-Water 0.6 Asphalt $1,254,300 $823,800 $0 $2,078,100
F) 39 Elm Street 0.9 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
G) 47 Lafayette Avenue 0.9 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
H) 8 Del Prete Drive 1.0 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
I) 28 Crowes Lane 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Spring Street 4/14/2023 $3,317,000 0 Historical 3,239 0.84 3 3-1 -
  Criteria
A 34 Leavitt Street 5/31/2024 $1,715,000 0.2 Historical 2,761 0.3 5 3-0
B 28 Fairview Street 6/27/2024 $1,795,000 0.6 Cape Cod 2,593 0.41 4 2-1
C 132 Main Street 6/28/2024 $2,715,000 0.7 Historical 3,598 0.45 4 2-1
D 5 Eastgate Lane 3/27/2024 $1,520,000 0.8 Colonial 3,312 0.59 4 3-0
E 100 Main Street 7/11/2024 $2,899,000 0.8 Historical 3,910 0.6 5 3-1
F 39 Elm Street 8/9/2024 $1,850,000 0.9 Conventional 3,198 0.22 4 2-1
G 47 Lafayette Avenue 6/21/2024 $1,750,000 0.9 Conventional 3,188 0.24 5 3-1
H 8 Del Prete Drive 8/6/2024 $1,750,000 1.0 Colonial 2,862 0.47 4 3-1
I 28 Crowes Lane 8/27/2024 $1,445,000 1.0 Cape Cod 2,479 0.29 4 3-0
Averages 83 days $1,937,667 0.76 --- 3,100 0.4 --- ---  

Estimation of Market Value - $2,329,707

As of today, 09/21/2024, the estimated market value of 40 Spring Street, Hingham considering the above 9 comparable properties is $2,329,707.

 

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
@ 40 Spring Street 4/14/2023 $3,317,000 0 Historical 3,239 0.84 3 3-1 -
  Criteria
A 36 Spring Street 7/31/2023 $1,625,000 0.0 Conventional 2,535 0.9 4 2-1
B 44 Spring Street 5/7/2021 $100 0.0 Historical 2,861 1.48 4 3-0
C 30 Spring Street 8/15/2013 $1,225,000 0.0 Historical 4,182 0.55 4 3-1
D 15 Village Lane 10/2/2002 $1 0.0 Colonial 3,836 0.56 5 4-1
E 16 Village Lane 8/4/2023 $1,600,000 0.1 Colonial 2,478 0.73 4 2-1
F 3 Spring Lane 7/14/1995 $227,500 0.1 Cape Cod 1,926 0.34 3 1-1
G 48 School Street 2/22/2013 $1,280,000 0.1 Historical 4,117 0.67 4 3-1
H 26 Spring Street 10/25/2002 $425,000 0.1 Cape Cod 1,420 0.29 2 1-0
I 0 Spring Street $1 0.1 Vacant Land 1.15 -
J 5 Spring Lane 8/24/2021 $1,220,000 0.1 Colonial 4,115 0.32 4 3-1
K 41 School Street 7/27/2000 $367,500 0.1 Cape Cod 1,800 0.16 4 2-0
L 45 School Street 3/25/2014 $1,070,000 0.1 Historical 3,478 0.29 4 2-1
M 39 School Street 1/9/1998 $191,500 0.1 Cape Cod 1,122 0.12 2 1-0
N 50 School Street 5/11/2020 $1 0.1 Conventional 1,673 0.97 1 2-0
O 35 School Street 11/9/2021 $895,000 0.1 Cape Cod 824 0.47 2 1-0
P 14 Village Lane 7/28/2016 $1,056,000 0.1 Colonial 3,240 0.47 4 2-1
Q 11 Village Lane 8/18/2008 $75,000 0.1 Colonial 2,112 0.52 4 2-1
R 49 School Street 7/23/2015 $685,000 0.1 Conventional 1,686 0.15 3 2-1
S 47 School Street 11/13/2014 $410,000 0.1 Conventional 1,695 0.14 3 1-1
T 31 School Street 6/1/1998 $377,500 0.1 Cape Cod 2,505 0.31 4 3-1
U 27 School Street 2/14/2018 $1,225,000 0.1 Historical 2,427 0.27 4 3-1
V 7 Spring Lane 1/23/1998 $366,000 0.1 Cape Cod 3,625 1.95 5 3-2
W 4 Spring Lane 5/1/1984 $71,000 0.1 Ranch 850 0.29 3 1-0
X 53 School Street 8/9/1996 $346,500 0.1 Historical 1,969 0.49 4 2-0
Y 23 School Street 9/16/2015 $100 0.1 Colonial 1,734 0.21 5 2-0
Z 20 Spring Street 12/17/2012 $100 0.1 Ranch 1,340 0.29 3 2-0
- 6 Spring Lane 11/30/2012 $1 0.1 Colonial 1,940 0.29 3 2-0
- 54 School Street 9/27/1999 $480,000 0.1 Historical 3,069 0.88 4 3-1
- 8 Riverview Road 7/1/1993 $169,000 0.1 Colonial 3,340 0.35 3 2-1
- 0 Spring Street $1 0.1 Vacant Land 0.59 -
- 12 Village Lane 7/28/2017 $997,000 0.1 Colonial 2,546 0.5 4 2-1
- 9 Village Lane 9/30/2021 $1,495,000 0.1 Colonial 3,087 0.46 4 3-1
- 0 School Street $1 0.1 Outbuildings 2.98 -
- 6 Riverview Road 10/27/1998 $215,000 0.1 Cape Cod 2,309 0.31 3 2-0
- 11 Common Street 8/15/1979 $61,000 0.1 Historical 2,032 0.2 3 1-1
- 56 School Street 2/16/2012 $1 0.1 Historical 2,483 0.3 5 2-0
- 32 Middle Street 1/31/2023 $3,200,000 0.1 Historical 4,667 0.75 6 3-2
- 24 Middle Street 4/2/2012 $1,595,000 0.1 Historical 4,469 0.54 4 3-1
- 10 Riverview Road 1/30/1996 $166,000 0.1 Ranch 1,272 0.41 3 1-0
- 34 Middle Street 7/18/2022 $100 0.1 Historical 5,821 0.83 4 3-1
- 14 Spring Street 1/1/1972 $32,900 0.1 Cape Cod 1,494 0.51 4 2-0
- 4 Studley Road 6/21/2007 $787,819 0.1 Conventional 2,349 0.2 4 2-1
- 20 Middle Street 9/14/2023 $3,440,000 0.1 Colonial 4,874 0.47 5 5-1
- 59 School Street 12/21/2010 $1,100,000 0.1 Historical 3,994 1.03 4 3-1
- 4 Riverview Road 7/15/2009 $350,000 0.1 Ranch 1,510 0.33 2 2-0
- 16 Middle Street 6/16/2021 $1,750,000 0.1 Historical 2,370 0.37 4 2-1
- 9 Common Street 1/22/2021 $869,000 0.1 Conventional 1,674 0.18 3 1-1
- 31 Leavitt Street 10/5/1984 $210,000 0.1 Conventional 3,303 0.95 5 2-0
- 7 Village Lane 8/1/2018 $1,164,150 0.1 Colonial 2,398 0.46 4 2-1
Averages 5756 days $669,812 0.09 --- 2,460 0.57 --- ---  
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
81-0-112 40 Spring Street