531 Main Street, Hingham, MA 02043

531 Main Street Hingham MA 02043
Click to view the Official Assessors Field Card Print Report
Owner Information
Owner 1
Patrick Lewis
Owner 2
Lillie Simourian
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
12/4/2023
Previous sale date
11/22/1988
Transfer document #
58503-182
Previous transfer document
8840-0113
Grantor
Chapman Irrevocable Trust
Previous grantor
Most recent sale price
$975,000.00
Previous sale price
$100.00
Site Information
Property ID
108-0-3
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
XX
Building Style
Ranch
Number of Rooms
6
Stories
1
Number of Beds
3
Year Built
1955
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2361
Number of Kitchen
Gross Living Area
5147
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Gas
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$480,000.00
Total value
$813,100.00
Building value
$333,100.00
Estimated tax
$8,131.00
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 531 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $412.96 Style Ranch Age 1955 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 5147 Heating Fuel Hot Water Detached Garage Lot Size 0.46 Roof Cover Asphalt AEM Value - Building $333,100.00 AEM Value - Land $480,000.00 AEM Value - Other $0.00 AEM Value - Total $813,100.00
A) 7 Fairview Street 0.3 9/24/2024 $1,408,000 2,341 1.9 $601.45 Colonial 1937 7 3 2 1 3889 Hot Water 0.27 Asphalt $576,300 $460,300 $0 $1,036,600
B) 59 Cross Street 0.3 1/6/2025 $855,800 2,060 1 $415.44 Contemporary 1980 6 3 3 0 4372 Hot Water 0.66 Asphalt $507,200 $430,700 $0 $937,900
C) 39 Downing Street 0.5 12/27/2024 $1,500,000 2,459 2 $610.00 Colonial 1942 7 3 2 1 4340 Hot Water 1.43 Asphalt $387,900 $788,400 $0 $1,176,300
D) 15 South Bradford Road 0.5 10/24/2024 $1,875,000 2,124 2 $882.77 Colonial 1966 8 4 1 2 3885 Hot Water 0.78 Asphalt $449,700 $441,200 $0 $890,900
E) 193 New Bridge Street 0.5 7/29/2024 $1,060,000 2,234 1.75 $474.49 Conventional 1900 7 3 2 0 4404 Hot Water 0.46 Asphalt $408,400 $456,200 $0 $864,600
F) 6 Grist Mill Lane 0.7 11/26/2024 $1,500,000 2,033 2 $737.83 Contemporary 1974 9 4 3 1 5161 Hot Water 0.89 Wood Shingle $464,000 $635,000 $0 $1,099,000
G) 49 Garrison Road 0.9 10/10/2024 $2,250,000 2,480 1.5 $907.26 Cape Cod 1924 9 3 3 0 5120 Hot Water 0.89 Wood Shingle $235,000 $872,900 $0 $1,107,900
H) 2 Hemlock Road 1.0 11/6/2024 $1,000,000 1,825 1.75 $547.95 Cape Cod 1950 6 3 2 1 3222 Forced Air-Duc 0.29 Asphalt $365,600 $300,800 $0 $666,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 531 Main Street 12/4/2023 $975,000 0 Ranch 2,361 0.46 3 2-0 -
  Criteria
A 7 Fairview Street 9/24/2024 $1,408,000 0.3 Colonial 2,341 0.27 3 2-1
B 59 Cross Street 1/6/2025 $855,800 0.3 Contemporary 2,060 0.66 3 3-0
C 39 Downing Street 12/27/2024 $1,500,000 0.5 Colonial 2,459 1.43 3 2-1
D 15 South Bradford Road 10/24/2024 $1,875,000 0.5 Colonial 2,124 0.78 4 1-2
E 193 New Bridge Street 7/29/2024 $1,060,000 0.5 Conventional 2,234 0.46 3 2-0
F 6 Grist Mill Lane 11/26/2024 $1,500,000 0.7 Contemporary 2,033 0.89 4 3-1
G 49 Garrison Road 10/10/2024 $2,250,000 0.9 Cape Cod 2,480 0.89 3 3-0
H 2 Hemlock Road 11/6/2024 $1,000,000 1.0 Cape Cod 1,825 0.29 3 2-1
Averages 80 days $1,431,100 0.58 --- 2,195 0.71 --- ---  

Estimation of Market Value - $1,368,137

As of today, 01/18/2025, the estimated market value of 531 Main Street, Hingham considering the above 8 comparable properties is $1,368,137.

 

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
@ 531 Main Street 12/4/2023 $975,000 0 Ranch 2,361 0.46 3 2-0 -
  Criteria
A 3 Tower Brook Road 5/7/1999 $1 0.0 Vacant Land 0 -
B 537 Main Street 5/7/1999 $1 0.0 Vacant Land 0.46 -
C 525 Main Street 11/28/2018 $1,125,000 0.0 Colonial 2,697 1.43 4 2-1
D 4 Tower Brook Road 5/7/1999 $1 0.0 Vacant Land 0.46 -
E 5 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0.46 -
F 536 Main Street 12/15/2017 $100 0.1 Historical 1,940 0.65 3 1-1
G 532 Main Street 6/2/2023 $1,435,000 0.1 Historical 3,202 0.52 4 3-1
H 528 Main Street 10/24/2018 $1 0.1 Historical 1,785 0.64 3 1-0
I 521 Main Street 6/20/2006 $1 0.1 Historical 3,060 1.93 4 2-1
J 6 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0.46 -
K 526 Main Street 5/2/2018 $1 0.1 Ranch 1,628 0.52 2 1-0
L 7 Tower Brook Road 11/10/2016 $5,200 0.1 Vacant Land 0.46 -
M 543 Main Street 3/7/1991 $100 0.1 Vacant Land 1.64 -
N 518 Main Street 8/15/1975 $35,000 0.1 Historical 1,556 1.06 3 1-1
O 8 Tower Brook Road 5/7/1999 $1 0.1 Vacant Land 0 -
P 514 Main Street 11/1/2006 $660,000 0.1 Historical 3,530 0.41 4 3-1
Q 515 Main Street 11/14/2017 $1 0.1 Conventional 3,407 1.4 4 3-0
R 9 Tower Brook Road 3/19/2004 $1 0.1 Ranch 1,170 0.46 2 1-1
S 7 Merrymount Road 5/17/2016 $100 0.1 Cape Cod 1,580 0.19 3 2-0
T 10 Tower Brook Road 12/1/2016 $5,330 0.1 Vacant Land 0.49 -
U 530 Main Street 6/16/2008 $535,000 0.1 Contemporary 2,798 0.94 3 2-0
V 29 Myers Farm Road 1/27/2023 $2,250,000 0.1 Colonial 4,094 1.64 4 5-0
W 549 Main Street 5/3/2007 $655,000 0.1 Cape Cod 2,050 1.5 3 3-1
X 11 Merrymount Road 6/2/2015 $1 0.1 Cape Cod 1,593 0.2 3 2-0
Y 15 Merrymount Road 3/28/2008 $1 0.1 Cape Cod 2,079 0.61 4 3-0
Z 508 Main Street 5/1/2020 $750,000 0.1 Historical 1,946 0.4 3 2-0
- 557 Main Street 9/15/1977 $107,000 0.1 Historical 2,562 0.78 3 2-1
- 0 Tower Brook Road-Off $1 0.1 Vacant Land 0.08 -
- 31 Myers Farm Road 6/14/2012 $1 0.1 Colonial 2,722 0.92 4 3-0
Averages 6295 days $260,788 0.08 --- 1,565 0.71 --- ---  
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
108-0-3 531 Main Street