281 Central Street, Hingham, MA 02043

281 Central Street Hingham MA 02043
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Owner Information
Owner 1
Deborah McGowan & Timothy
Owner 2
Owner's Address
281 Central Street Hingham, MA 02043
Market Sale Information
Most recent sale date
8/1/2003
Previous sale date
12/24/1997
Transfer document #
26042-0029
Previous transfer document
15757-0327
Grantor
John A Downey
Previous grantor
Rita R Woodward
Most recent sale price
$445,000.00
Previous sale price
$225,000.00
Site Information
Property ID
89-0-98
Lot Size
0.15
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Cape Cod
Number of Rooms
6
Stories
1.75
Number of Beds
2
Year Built
1700
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1457
Number of Kitchen
Gross Living Area
2977
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Oil
Roof Cover
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$499,600.00
Total value
$755,100.00
Building value
$255,500.00
Estimated tax
$7,551.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 281 Central Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $305.42 Style Cape Cod Age 1700 Rooms 6 Bedrooms 2 Full baths 2 Half baths 0 Gross Living Area 2977 Heating Fuel Hot Water Detached Garage Lot Size 0.15 Roof Cover Wood Shingle AEM Value - Building $255,500.00 AEM Value - Land $499,600.00 AEM Value - Other $0.00 AEM Value - Total $755,100.00
A) 457 Main Street 0.2 4/29/2024 $2,300,000 1,192 1.75 $1929.53 Conventional 1850 6 3 1 0 2300 Steam 0.3 Asphalt $178,100 $463,500 $0 $641,600
B) 21 Linscott Road 0.2 6/26/2024 $950,000 1,144 1 $830.42 Ranch 1955 6 3 2 0 2308 Hot Water 0.2 Asphalt $246,400 $442,800 $0 $689,200
C) 10 Leonard Street 0.2 6/26/2024 $1,150,000 1,260 1 $912.70 Raised Ranch 1967 6 3 3 0 2914 Radiant-Elec. 0.21 Asphalt $471,500 $444,100 $0 $915,600
D) 17 Pleasant Street 0.3 6/7/2024 $1,099,000 1,606 1.75 $684.31 Historical 1796 6 3 2 0 2724 Hot Water 0.13 Asphalt $340,900 $482,400 $0 $823,300
E) 15 Union Street 0.5 7/19/2024 $2,175,000 1,395 1 $1559.14 Ranch 1930 5 3 1 1 3646 Hot Water 0.3 Asphalt $549,200 $463,700 $0 $1,012,900
F) 26 Tower Brook Road 0.7 6/17/2024 $1,055,000 1,294 1 $815.30 Raised Ranch 1972 6 3 2 1 2682 Hot Water 0.46 Asphalt $449,600 $408,000 $0 $857,600
G) 7 Hersey Street 1.0 7/1/2024 $1,085,000 1,608 1.75 $674.75 Historical 1889 7 3 1 1 3612 Forced Air-Duc 0.07 Asphalt $398,200 $365,500 $0 $763,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 281 Central Street 8/1/2003 $445,000 0 Cape Cod 1,457 0.15 2 2-0 -
  Criteria
A 457 Main Street 4/29/2024 $2,300,000 0.2 Conventional 1,192 0.3 3 1-0
B 21 Linscott Road 6/26/2024 $950,000 0.2 Ranch 1,144 0.2 3 2-0
C 10 Leonard Street 6/26/2024 $1,150,000 0.2 Raised Ranch 1,260 0.21 3 3-0
D 17 Pleasant Street 6/7/2024 $1,099,000 0.3 Historical 1,606 0.13 3 2-0
E 15 Union Street 7/19/2024 $2,175,000 0.5 Ranch 1,395 0.3 3 1-1
F 26 Tower Brook Road 6/17/2024 $1,055,000 0.7 Raised Ranch 1,294 0.46 3 2-1
G 7 Hersey Street 7/1/2024 $1,085,000 1.0 Historical 1,608 0.07 3 1-1
Averages 96 days $1,402,000 0.45 --- 1,357 0.24 --- ---  

Estimation of Market Value - $1,402,262

As of today, 09/22/2024, the estimated market value of 281 Central Street, Hingham considering the above 7 comparable properties is $1,402,262.

 

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
@ 281 Central Street 8/1/2003 $445,000 0 Cape Cod 1,457 0.15 2 2-0 -
  Criteria
A 7 Cedar Street 3/19/2004 $1 0.0 Cape Cod 780 0.16 3 1-0
B 273 Central Street 8/1/1986 $212,000 0.0 Historical 2,162 0.46 5 2-0
C 423 Main Street 4/8/2022 $1,200,000 0.0 Historical 2,480 0.2 3 2-1
D 6 Cedar Street 4/5/1984 $88,900 0.0 Cape Cod 1,275 0.14 3 1-0
E 427 Main Street 7/1/2021 $829,000 0.0 Cape Cod 2,000 0.31 4 2-1
F 421 Main Street 11/30/1998 $1 0.0 Historical 3,649 1.11 6 3-1
G 271 Central Street 8/4/2017 $692,450 0.0 Ranch 1,448 0.5 2 1-1
H 10 Cedar Street 8/8/1996 $0 0.0 Vacant Land 0.82 -
I 11 Cedar Street 6/30/1993 $225,000 0.0 Cape Cod 2,190 0.62 3 2-1
J 424 Main Street 11/28/2022 $975,000 0.0 Historical 2,104 0.31 4 2-0
K 431 Main Street 4/29/1994 $1 0.1 Conventional 2,523 0.33 3 2-0
L 270 Central Street 3/26/2024 $316,000 0.1 Cape Cod 1,306 0.46 3 1-1
M 7 Williams Street 2/4/2005 $605,000 0.1 Conventional 1,921 0.33 5 2-1
N 265 Central Street 7/7/1992 $1 0.1 Cape Cod 1,406 0.17 3 1-0
O 428 Main Street 9/14/2001 $575,000 0.1 Colonial 2,871 0.4 4 2-0
P 414 Main Street 11/10/2022 $1,807,000 0.1 Historical 2,964 0.69 4 2-1
Q 413 Main Street 8/22/2022 $1,285,000 0.1 Historical 2,349 0.9 4 2-0
R 19 Cedar Street 12/6/2002 $300,000 0.1 Cape Cod 2,999 0.61 3 2-0
S 22 Cedar Street 6/17/2020 $1 0.1 Historical 2,004 0.45 5 2-0
T 437 Main Street 11/10/1995 $100 0.1 Historical 3,032 1.42 4 2-2
U 9 Williams Street 4/29/1994 $124,000 0.1 Bungalow 758 0.11 2 1-0
V 14 Williams Street 3/3/2022 $1 0.1 Colonial 1,777 0.72 4 1-0
W 257-R Central Street 12/14/2023 $1,250,000 0.1 Raised Ranch 1,916 0.86 3 3-0
X 409 Main Street 9/8/2020 $985,000 0.1 Historical 2,626 0.64 5 2-1
Y 434 Main Street 9/1/1995 $1 0.1 Conventional 2,760 0.75 5 2-0
Z 0 Central Street 5/4/1972 $1 0.1 Vacant Land 1.35 -
- 253 Central Street 10/15/1969 $1 0.1 Bungalow 999 0.2 2 1-0
- 11 Williams Street 8/18/2022 $100 0.1 Conventional 2,015 0.14 4 2-1
- 408 Main Street 3/13/2003 $562,500 0.1 Colonial 3,076 1.51 4 2-1
- 26 Cedar Street 8/26/2020 $1,260,000 0.1 Historical 2,254 0.5 4 2-1
- 249 Central Street 3/8/2018 $706,000 0.1 Colonial 1,580 0.2 3 1-1
- 248 Central Street 9/3/2015 $624,050 0.1 Colonial 1,592 0.16 4 1-1
- 23 Cedar Street 4/15/1970 $1 0.1 Conventional 1,409 0.72 4 2-0
- 39 Arnold Road 10/6/2009 $1 0.1 Colonial 2,010 0.2 3 2-1
- 242 Hersey Street 9/18/1989 $334,000 0.1 Colonial 2,336 0.64 4 2-1
- 15 Williams Street 9/15/2021 $1 0.1 Conventional 2,592 0.38 3 2-0
- 230 Hersey Street 6/1/2022 $1,050,000 0.1 Colonial 1,125 0.42 3 1-0
- 244 Hersey Street 3/10/2016 $1,015,000 0.1 Historical 3,209 0.57 3 2-1
- 246 Central Street 3/12/2003 $514,450 0.1 Colonial 2,024 0.16 3 2-1
- 247 Central Street 5/18/1993 $135,000 0.1 Bungalow 1,165 0.47 4 2-0
- 5 Sanborn Road 7/10/2015 $703,000 0.1 Cape Cod 1,577 0.16 3 2-0
- 403 Main Street 8/28/2013 $1,250,000 0.1 Historical 3,310 0.49 6 2-1
- 222 Hersey Street 11/27/2017 $1,345,000 0.1 Conventional 2,786 0.69 4 2-2
- 442 Main Street 8/27/2003 $759,900 0.1 Colonial 3,096 0.57 4 2-1
- 245 Central Street 1/28/2022 $1,200,000 0.1 Colonial 2,056 0.2 4 2-1
- 35 Arnold Road 2/10/1986 $200,000 0.1 Cape Cod 2,054 0.41 4 2-0
- 7 Sanborn Road 7/3/2012 $685,000 0.1 Colonial 2,478 0.15 3 2-0
- 42 Arnold Road 9/6/2013 $550,000 0.1 Conventional 2,732 0.28 3 3-0
- 451 Main Street 11/22/2019 $1,497,000 0.1 Historical 3,353 1.06 4 4-0
Averages 6483 days $527,765 0.08 --- 2,084 0.51 --- ---  
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
89-0-98 281 Central Street