7 Indian Rock Lane, Hingham, MA 02043

7 Indian Rock Lane Hingham MA 02043
Owner Information
Owner 1
Allison B Koskinas & Gregory S
Owner 2
Owner's Address
7 Indian Rock Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
5/29/2013
Previous sale date
08/06/2002
Transfer document #
43124-0004
Previous transfer document
22575-0253
Grantor
Michele K Joy
Previous grantor
David M Joy
Most recent sale price
$1,410,000.00
Previous sale price
$1.00
Site Information
Property ID
91-0-72
Lot Size
1.52
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Colonial
Number of Rooms
9
Stories
2
Number of Beds
4
Year Built
1989
Number of full baths
3
Condition
Number of half baths
1
Finished Area
3698
Number of Kitchen
Gross Living Area
7996
Number of Fireplaces
4
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Hardwood
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
$791,400.00
Total value
$1,998,900.00
Building value
$1,207,500.00
Estimated tax
$19,989.00
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 7 Indian Rock Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $381.29 Style Colonial Age 1989 Rooms 9 Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area 7996 Heating Fuel Hot Water Detached Garage Lot Size 1.52 Roof Cover Wood Shingle AEM Value - Building $1,207,500.00 AEM Value - Land $791,400.00 AEM Value - Other $0.00 AEM Value - Total $1,998,900.00
A) 192 Union Street 0.7 4/5/2024 $1,799,000 3,756 1.9 $478.97 Conventional 2015 8 3 2 1 6905 Forced Air-Duc 0.7 Asphalt $1,155,100 $485,800 $0 $1,640,900
B) 8 Rockwood Road 0.7 9/13/2024 $1,750,000 4,061 1.9 $430.93 Colonial 1950 12 4 3 1 6202 Hot Water 0.87 Wood Shingle $880,900 $500,800 $0 $1,381,700
C) 187 Union Street 0.7 3/28/2024 $1,215,000 3,341 1.5 $363.66 Contemporary 1979 9 4 2 1 6338 Forced Air-Duc 1.68 Asphalt $765,500 $522,000 $0 $1,287,500
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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Indian Rock Lane 5/29/2013 $1,410,000 0 Colonial 3,698 1.52 4 3-1 -
  Criteria
A 192 Union Street 4/5/2024 $1,799,000 0.7 Conventional 3,756 0.7 3 2-1
B 8 Rockwood Road 9/13/2024 $1,750,000 0.7 Colonial 4,061 0.87 4 3-1
C 187 Union Street 3/28/2024 $1,215,000 0.7 Contemporary 3,341 1.68 4 2-1
D 5 Eastgate Lane 3/27/2024 $1,520,000 0.8 Colonial 3,312 0.59 4 3-0
Averages 133 days $1,571,000 0.73 --- 3,618 0.96 --- ---  

Estimation of Market Value - $1,914,443

As of today, 09/21/2024, the estimated market value of 7 Indian Rock Lane, Hingham considering the above 4 comparable properties is $1,914,443.

 

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
@ 7 Indian Rock Lane 5/29/2013 $1,410,000 0 Colonial 3,698 1.52 4 3-1 -
  Criteria
A 5 Indian Rock Lane 11/29/2010 $1,175,000 0.0 Colonial 5,422 1.77 5 4-1
B 6 Indian Rock Lane 9/2/1988 $325,000 0.1 Colonial 5,755 0.99 6 4-2
C 3 Indian Rock Lane 7/1/1994 $212,000 0.1 Colonial 4,219 0.93 4 2-2
D 4 Indian Rock Lane 7/22/2015 $1,681,875 0.1 Colonial 4,351 1.27 4 4-1
E 15-R Studley Road 8/30/2005 $900,000 0.1 Colonial 2,876 3.4 4 2-1
F 15 Kress Farm Road 3/6/1990 $1 0.1 Colonial 6,942 2.34 3 3-1
G 2 Indian Rock Lane 7/30/1996 $670,000 0.1 Colonial 4,087 1.01 4 2-1
H 1 Indian Rock Lane 7/1/2024 $3,100,000 0.1 Colonial 5,340 0.94 5 3-1
I 17 Kress Farm Road 8/25/2023 $2,500,000 0.1 Colonial 5,467 0.94 5 4-1
Averages 6993 days $1,173,764 0.09 --- 4,940 1.51 --- ---  
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
91-0-72 7 Indian Rock Lane