502 Main Street, Hingham, MA 02043

Owner Information
Owner 1
Christopher Morgan & Fitzpatrick Allison K
Owner 2
Owner's Address
502 Main Street Hingham, MA 02043
Market Sale Information
Most recent sale date
4/25/2022
Previous sale date
08/16/2019
Transfer document #
56726-258
Previous transfer document
51517-182
Grantor
Andrew T Irish
Previous grantor
Patrick R McGuirk
Most recent sale price
$770,000.00
Previous sale price
$625,000.00
Site Information
Property ID
99-0-92
Lot Size
0.21
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Historical
Number of Rooms
6
Stories
1.75
Number of Beds
3
Year Built
1850
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1102
Number of Kitchen
Gross Living Area
2098
Number of Fireplaces
0
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Oil
Roof Cover
Asphalt
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$445,400.00
Total value
$695,800.00
Building value
$250,400.00
Estimated tax
$6,958.00
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 502 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $698.73 Style Historical Age 1850 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2098 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.21 Roof Cover Asphalt AEM Value - Building $250,400.00 AEM Value - Land $445,400.00 AEM Value - Other $0.00 AEM Value - Total $695,800.00
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) 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
C) 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
D) 231 Hersey Street 0.3 3/15/2024 $160,000 1,267 1.9 $126.28 Cape Cod 1890 5 3 1 0 2081 Hot Water 0.5 Asphalt $230,500 $485,400 $0 $715,900
E) 26 Tower Brook Road 0.4 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
F) 64 Cross Street 0.4 2/28/2024 $849,000 916 1 $926.86 Ranch 1940 5 2 2 0 2246 Hot Water 0.49 Asphalt $194,600 $411,300 $0 $605,900
G) 7 Studley Road 0.8 2/20/2024 $1,300,000 1,248 1 $1041.67 Ranch 1953 6 3 1 0 1602 Hot Water 0.38 Asphalt $181,800 $566,100 $0 $747,900
H) 159 High Street 0.9 3/1/2024 $925,000 1,170 1.5 $790.60 Cape Cod 1890 7 3 1 0 2460 Steam 0.75 Asphalt $186,000 $438,500 $0 $624,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 502 Main Street 4/25/2022 $770,000 0 Historical 1,102 0.21 3 2-0 -
  Criteria
A 457 Main Street 4/29/2024 $2,300,000 0.2 Conventional 1,192 0.3 3 1-0
B 10 Leonard Street 6/26/2024 $1,150,000 0.2 Raised Ranch 1,260 0.21 3 3-0
C 21 Linscott Road 6/26/2024 $950,000 0.2 Ranch 1,144 0.2 3 2-0
D 231 Hersey Street 3/15/2024 $160,000 0.3 Cape Cod 1,267 0.5 3 1-0
E 26 Tower Brook Road 6/17/2024 $1,055,000 0.4 Raised Ranch 1,294 0.46 3 2-1
F 64 Cross Street 2/28/2024 $849,000 0.4 Ranch 916 0.49 2 2-0
G 7 Studley Road 2/20/2024 $1,300,000 0.8 Ranch 1,248 0.38 3 1-0
H 159 High Street 3/1/2024 $925,000 0.9 Cape Cod 1,170 0.75 3 1-0
Averages 69 days $1,086,125 0.44 --- 1,186 0.41 --- ---  

Estimation of Market Value - $1,025,792

As of today, 06/28/2024, the estimated market value of 502 Main Street, Hingham considering the above 8 comparable properties is $1,025,792.

 

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
@ 502 Main Street 4/25/2022 $770,000 0 Historical 1,102 0.21 3 2-0 -
  Criteria
A 498 Main Street 3/6/2009 $515,000 0.0 Multi Family 3,073 0.26 6 4-0
B 506 Main Street 5/2/2003 $830,000 0.0 Historical 2,652 0.57 3 3-0
C 3 Marshall Road 12/19/2022 $717,000 0.0 Ranch 900 0.21 2 2-0
D 508 Main Street 5/1/2020 $750,000 0.0 Historical 1,946 0.4 3 2-0
E 503 Main Street 3/6/2017 $100 0.0 Cape Cod 1,810 0.29 4 2-0
F 5 Marshall Road 7/30/2021 $765,000 0.0 Cape Cod 1,306 0.21 3 1-1
G 496 Main Street 3/10/1998 $259,000 0.0 Conventional 3,309 0.28 4 2-1
H 8 Merrymount Road 6/20/2023 $1,055,000 0.0 Cape Cod 1,614 0.18 3 2-0
I 4 Marshall Road 7/26/2021 $660,000 0.0 Ranch 1,224 0.21 3 1-0
J 504 Main Street 8/12/2003 $1 0.0 Conventional 1,292 0.58 2 1-0
K 497 Main Street 9/2/2020 $1 0.0 Colonial 1,840 0.32 4 1-1
L 12 Merrymount Road 7/31/2023 $1,015,000 0.1 Cape Cod 2,148 0.17 3 2-0
M 6 Marshall Road 6/22/2010 $800,000 0.1 Colonial 2,333 0.2 3 2-1
N 7 Marshall Road 4/11/2016 $1 0.1 Ranch 1,311 0.21 3 1-1
O 486 Main Street 4/1/2019 $1,290,000 0.1 Historical 1,651 0.39 3 1-1
P 514 Main Street 11/1/2006 $660,000 0.1 Historical 3,530 0.41 4 3-1
Q 7 Merrymount Road 5/17/2016 $100 0.1 Cape Cod 1,580 0.19 3 2-0
R 486-A Main Street 7/2/1999 $188,000 0.1 Conventional 894 0.32 2 1-0
S 8 Marshall Road 12/11/2019 $530,000 0.1 Ranch 858 0.2 3 1-0
T 507 Main Street 12/1/2023 $2,400,000 0.1 Historical 4,541 2.27 5 4-1
U 16 Merrymount Road 5/4/1994 $143,000 0.1 Cape Cod 1,870 0.17 5 3-0
V 11 Merrymount Road 6/2/2015 $1 0.1 Cape Cod 1,593 0.2 3 2-0
W 486-B Main Street 3/28/2011 $260,000 0.1 Ranch 1,135 0.34 2 1-0
X 484 Main Street 6/19/2008 $275,000 0.1 Store 1,222 0.13 0 0-
Y 9 Marshall Road 10/20/2004 $265,000 0.1 Ranch 900 0.2 3 1-0
Z 20 Merrymount Road 1/18/2006 $1 0.1 Cape Cod 1,666 0.17 3 2-0
- 515 Main Street 11/14/2017 $1 0.1 Conventional 3,407 1.4 4 3-0
- 518 Main Street 8/15/1975 $35,000 0.1 Historical 1,556 1.06 3 1-1
- 10 Marshall Road 9/29/2023 $792,500 0.1 Ranch 1,014 0.31 3 1-0
- 480 Main Street 7/26/2021 $10 0.1 Historical 3,420 1.06 4 2-1
- 4 Wilder Road 9/1/2022 $1,600,000 0.1 Cape Cod 2,109 0.85 4 2-1
- 495 Main Street 12/9/2021 $1,700,000 0.1 Historical 3,018 1.59 3 2-1
- 486-R Main Street 11/15/2006 $100,000 0.1 Conventional 3,140 0.6 4 2-0
- 15 Merrymount Road 3/28/2008 $1 0.1 Cape Cod 2,079 0.61 4 3-0
- 489 Main Street 12/30/2015 $520,000 0.1 Historical 2,410 1.53 3 1-1
- 22 Merrymount Road 6/17/2021 $650,000 0.1 Ranch 905 0.17 2 1-0
- 499 Main Street 1/19/1999 $283,000 0.1 Cape Cod 3,476 2.22 3 2-0
- 485 Main Street 1/31/2022 $1,075,000 0.1 Ranch 2,074 0.68 3 2-0
- 11 Marshall Road 3/22/2024 $1,625,000 0.1 Cape Cod 2,127 0.38 3 2-1
- 12 Marshall Road 4/26/2018 $520,000 0.1 Ranch 912 0.46 3 1-0
- 526 Main Street 5/2/2018 $1 0.1 Ranch 1,628 0.52 2 1-0
- 521 Main Street 6/20/2006 $1 0.1 Historical 3,060 1.93 4 2-1
- 21 Merrymount Road 4/15/2009 $582,500 0.1 Cape Cod 2,426 0.57 4 2-1
- 24 Merrymount Road 7/22/2009 $425,000 0.1 Split-level 1,539 0.18 3 3-0
- 476 Main Street 8/30/1994 $327,500 0.1 Historical 2,387 0.36 4 2-0
- 7 Fairview Street 11/2/2012 $750,000 0.1 Colonial 2,341 0.27 3 2-1
- 9 Fairview Street 8/23/2013 $503,000 0.1 Ranch 1,447 0.26 3 1-0
- 14 Marshall Road 10/31/2003 $334,000 0.1 Ranch 1,073 0.19 2 2-0
- 13 Fairview Street 12/1/1992 $205,000 0.1 Cape Cod 2,115 0.27 3 2-0
- 25 Merrymount Road 7/7/2020 $100 0.1 Cape Cod 2,495 0.41 3 3-0
- 21 Fairview Street 11/17/2017 $1 0.1 Conventional 1,875 0.65 3 1-1
Averages 4376 days $498,134 0.08 --- 2,005 0.54 --- ---  
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
99-0-92 502 Main Street