497 Main Street, Hingham, MA 02043

Owner Information
Owner 1
Katherine M Cushing
Owner 2
Owner's Address
497 Main Street Hingham, MA 02043
Market Sale Information
Most recent sale date
9/2/2020
Previous sale date
09/17/1987
Transfer document #
53373-45
Previous transfer document
0000-0000
Grantor
Catherine M Cushing
Previous grantor
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
99-0-97
Lot Size
0.32
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1938
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1840
Number of Kitchen
Gross Living Area
3694
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Oil
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2023
Land Value
$465,400.00
Total value
$825,200.00
Building value
$359,800.00
Estimated tax
$8,252.00
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 497 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1938 Rooms 8 Bedrooms 4 Full baths 1 Half baths 1 Gross Living Area 3694 Heating Fuel Hot Water Detached Garage Lot Size 0.32 Roof Cover Asphalt AEM Value - Building $359,800.00 AEM Value - Land $465,400.00 AEM Value - Other $0.00 AEM Value - Total $825,200.00
A) 11 Marshall Road 0.1 3/22/2024 $1,625,000 2,127 1.75 $763.99 Cape Cod 1955 7 3 2 1 5906 Hot Water 0.38 Asphalt $901,200 $471,400 $0 $1,372,600
B) 24 Fairview Street 0.2 3/13/2024 $1,010,000 1,527 1.75 $661.43 Cape Cod 1953 7 3 2 0 2956 Hot Water 0.2 Wood Shingle $313,500 $442,900 $0 $756,400
C) 37 Downing Street 0.4 2/20/2024 $1,250,000 1,603 1.75 $779.79 Cape Cod 1940 8 3 2 0 2674 Hot Water 0.17 Asphalt $220,400 $617,200 $0 $837,600
D) 33 Smith Road 0.4 2/22/2024 $690,000 1,387 1.75 $497.48 Cape Cod 1940 6 3 2 0 2856 Hot Water 0.29 Asphalt $206,300 $462,700 $0 $669,000
E) 3 Pleasant Street 0.4 5/13/2024 $1,400,000 2,254 1.5 $621.12 Historical 1785 7 4 2 0 3650 Forced Air-Duc 0.76 Wood Shingle $432,400 $620,900 $0 $1,053,300
F) 17 Pleasant Street 0.5 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
G) 142 Hobart Street 0.6 2/21/2024 $711,625 1,503 1.75 $473.47 Cape Cod 1960 7 3 2 0 3032 Forced Air-Duc 1.22 Asphalt $304,700 $458,100 $0 $762,800
H) 42 Burr Road 0.7 3/26/2024 $1,350,000 1,885 1.75 $716.18 Cape Cod 1940 7 4 2 0 3008 Hot Water 0.26 Wood Shingle $464,800 $550,900 $0 $1,015,700
I) 117 Free Street 0.7 2/16/2024 $1,050,000 2,294 1.85 $457.72 Colonial 1957 8 4 2 0 3570 Hot Water 2.08 Wood Shingle $475,200 $558,700 $0 $1,033,900
J) 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
K) 40 Garrison Road 0.7 3/26/2024 $1,325,000 2,106 1.75 $629.15 Cape Cod 1982 7 5 2 1 4500 Radiant-Elec. 0.83 Asphalt $325,600 $777,600 $0 $1,103,200
L) 110 High Street 0.8 3/28/2024 $975,000 2,208 2 $441.58 Colonial 1959 8 4 1 1 3408 Hot Water 0.48 Asphalt $373,600 $458,500 $0 $832,100
M) 14 Whitcomb Lane 1.0 5/31/2024 $1,375,000 2,282 1.9 $602.54 Colonial 1942 7 4 2 1 3730 Steam 0.38 Asphalt $394,700 $448,500 $0 $843,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 497 Main Street 9/2/2020 $1 0 Colonial 1,840 0.32 4 1-1 -
  Criteria
A 11 Marshall Road 3/22/2024 $1,625,000 0.1 Cape Cod 2,127 0.38 3 2-1
B 24 Fairview Street 3/13/2024 $1,010,000 0.2 Cape Cod 1,527 0.2 3 2-0
C 37 Downing Street 2/20/2024 $1,250,000 0.4 Cape Cod 1,603 0.17 3 2-0
D 33 Smith Road 2/22/2024 $690,000 0.4 Cape Cod 1,387 0.29 3 2-0
E 3 Pleasant Street 5/13/2024 $1,400,000 0.4 Historical 2,254 0.76 4 2-0
F 17 Pleasant Street 6/7/2024 $1,099,000 0.5 Historical 1,606 0.13 3 2-0
G 142 Hobart Street 2/21/2024 $711,625 0.6 Cape Cod 1,503 1.22 3 2-0
H 42 Burr Road 3/26/2024 $1,350,000 0.7 Cape Cod 1,885 0.26 4 2-0
I 117 Free Street 2/16/2024 $1,050,000 0.7 Colonial 2,294 2.08 4 2-0
J 56 Garrison Road 3/15/2024 $1,110,000 0.7 Colonial 2,278 0.46 3 2-0
K 40 Garrison Road 3/26/2024 $1,325,000 0.7 Cape Cod 2,106 0.83 5 2-1
L 110 High Street 3/28/2024 $975,000 0.8 Colonial 2,208 0.48 4 1-1
M 14 Whitcomb Lane 5/31/2024 $1,375,000 1.0 Colonial 2,282 0.38 4 2-1
Averages 93 days $1,151,587 0.56 --- 1,928 0.59 --- ---  

Estimation of Market Value - $1,056,575

As of today, 06/28/2024, the estimated market value of 497 Main Street, Hingham considering the above 13 comparable properties is $1,056,575.

 

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
@ 497 Main Street 9/2/2020 $1 0 Colonial 1,840 0.32 4 1-1 -
  Criteria
A 503 Main Street 3/6/2017 $100 0.0 Cape Cod 1,810 0.29 4 2-0
B 498 Main Street 3/6/2009 $515,000 0.0 Multi Family 3,073 0.26 6 4-0
C 495 Main Street 12/9/2021 $1,700,000 0.0 Historical 3,018 1.59 3 2-1
D 496 Main Street 3/10/1998 $259,000 0.0 Conventional 3,309 0.28 4 2-1
E 489 Main Street 12/30/2015 $520,000 0.0 Historical 2,410 1.53 3 1-1
F 502 Main Street 4/25/2022 $770,000 0.0 Historical 1,102 0.21 3 2-0
G 507 Main Street 12/1/2023 $2,400,000 0.1 Historical 4,541 2.27 5 4-1
H 486 Main Street 4/1/2019 $1,290,000 0.1 Historical 1,651 0.39 3 1-1
I 499 Main Street 1/19/1999 $283,000 0.1 Cape Cod 3,476 2.22 3 2-0
J 485 Main Street 1/31/2022 $1,075,000 0.1 Ranch 2,074 0.68 3 2-0
K 3 Marshall Road 12/19/2022 $717,000 0.1 Ranch 900 0.21 2 2-0
L 4 Marshall Road 7/26/2021 $660,000 0.1 Ranch 1,224 0.21 3 1-0
M 484 Main Street 6/19/2008 $275,000 0.1 Store 1,222 0.13 0 0-
N 506 Main Street 5/2/2003 $830,000 0.1 Historical 2,652 0.57 3 3-0
O 508 Main Street 5/1/2020 $750,000 0.1 Historical 1,946 0.4 3 2-0
P 486-A Main Street 7/2/1999 $188,000 0.1 Conventional 894 0.32 2 1-0
Q 5 Marshall Road 7/30/2021 $765,000 0.1 Cape Cod 1,306 0.21 3 1-1
R 6 Marshall Road 6/22/2010 $800,000 0.1 Colonial 2,333 0.2 3 2-1
S 479 Main Street 1/16/2019 $765,000 0.1 Historical 2,239 1.91 4 2-0
T 515 Main Street 11/14/2017 $1 0.1 Conventional 3,407 1.4 4 3-0
U 8 Merrymount Road 6/20/2023 $1,055,000 0.1 Cape Cod 1,614 0.18 3 2-0
V 480 Main Street 7/26/2021 $10 0.1 Historical 3,420 1.06 4 2-1
W 486-B Main Street 3/28/2011 $260,000 0.1 Ranch 1,135 0.34 2 1-0
X 504 Main Street 8/12/2003 $1 0.1 Conventional 1,292 0.58 2 1-0
Y 476 Main Street 8/30/1994 $327,500 0.1 Historical 2,387 0.36 4 2-0
Z 514 Main Street 11/1/2006 $660,000 0.1 Historical 3,530 0.41 4 3-1
- 7 Marshall Road 4/11/2016 $1 0.1 Ranch 1,311 0.21 3 1-1
- 12 Merrymount Road 7/31/2023 $1,015,000 0.1 Cape Cod 2,148 0.17 3 2-0
- 8 Marshall Road 12/11/2019 $530,000 0.1 Ranch 858 0.2 3 1-0
- 33 Myers Farm Road 9/24/2021 $1,625,000 0.1 Colonial 3,100 1.12 4 2-1
- 475 Main Street 7/12/2018 $640,000 0.1 Ranch 1,484 0.7 3 2-1
- 7 Fairview Street 11/2/2012 $750,000 0.1 Colonial 2,341 0.27 3 2-1
- 7 Merrymount Road 5/17/2016 $100 0.1 Cape Cod 1,580 0.19 3 2-0
- 31 Myers Farm Road 6/14/2012 $1 0.1 Colonial 2,722 0.92 4 3-0
- 9 Fairview Street 8/23/2013 $503,000 0.1 Ranch 1,447 0.26 3 1-0
- 9 Marshall Road 10/20/2004 $265,000 0.1 Ranch 900 0.2 3 1-0
- 521 Main Street 6/20/2006 $1 0.1 Historical 3,060 1.93 4 2-1
- 486-R Main Street 11/15/2006 $100,000 0.1 Conventional 3,140 0.6 4 2-0
- 11 Merrymount Road 6/2/2015 $1 0.1 Cape Cod 1,593 0.2 3 2-0
- 16 Merrymount Road 5/4/1994 $143,000 0.1 Cape Cod 1,870 0.17 5 3-0
- 10 Marshall Road 9/29/2023 $792,500 0.1 Ranch 1,014 0.31 3 1-0
- 64 Hobart Street 8/22/2018 $1,055,000 0.1 Conventional 3,111 1.47 4 4-0
Averages 3891 days $578,172 0.09 --- 2,134 0.65 --- ---  
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
99-0-97 497 Main Street