3 Cranberry Lane, Hingham, MA 02043

Owner Information
Owner 1
Karen E Welch
Owner 2
Owner's Address
3 Cranberry Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
4/27/1987
Previous sale date
Transfer document #
7645-0342
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$1.00
Previous sale price
N/A
Site Information
Property ID
115-0-114
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1975
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2160
Number of Kitchen
Gross Living Area
4099
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
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$480,100.00
Total value
$964,100.00
Building value
$484,000.00
Estimated tax
$9,641.00
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 3 Cranberry Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1975 Rooms 8 Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area 4099 Heating Fuel Hot Water Detached Garage Lot Size 0.46 Roof Cover Asphalt AEM Value - Building $484,000.00 AEM Value - Land $480,100.00 AEM Value - Other $0.00 AEM Value - Total $964,100.00
A) 104 Manatee Road 0.3 8/19/2024 $1,525,000 2,560 2 $595.70 Colonial 1979 9 4 3 0 5387 Hot Water 0.52 Asphalt $575,400 $488,000 $0 $1,063,400
B) 9 Autumn Circle 0.3 11/15/2024 $1,450,000 2,342 2 $619.13 Colonial 1958 10 4 3 1 3938 Forced Air-Duc 0.46 Asphalt $600,400 $408,000 $0 $1,008,400
C) 2 Hemlock Road 0.5 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
D) 19 Stanford Drive 0.7 12/3/2024 $1,295,000 1,680 1 $770.83 Raised Ranch 1970 6 3 2 1 4292 Hot Water 0.46 Asphalt $321,400 $576,400 $0 $897,800
E) 22 Clifford Court 0.7 11/14/2024 $1,375,000 1,865 1.9 $737.27 Cape Cod 1998 6 4 3 0 3768 Hot Water 0.18 Asphalt $413,800 $259,500 $0 $673,300
F) 21 Stanford Drive 0.7 8/30/2024 $1,350,000 2,490 2 $542.17 Colonial 1968 8 3 2 1 4519 Hot Water 0.46 Asphalt $477,900 $576,600 $0 $1,054,500
G) 171 Fort Hill Street 0.7 11/22/2024 $710,000 1,753 1.5 $405.02 Conventional 1870 12 6 2 0 3707 Forced Air-Duc 0.46 Asphalt $284,400 $312,300 $0 $596,700
H) 3 Camelot Drive 0.9 1/8/2025 $1,312,000 2,662 2 $492.86 Colonial 1967 9 4 2 1 4276 Radiant-Elec. 0.46 Asphalt $517,200 $576,300 $0 $1,093,500
I) 193 New Bridge Street 0.9 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
J) 59 Cross Street 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Cranberry Lane 4/27/1987 $1 0 Colonial 2,160 0.46 4 2-1 -
  Criteria
A 104 Manatee Road 8/19/2024 $1,525,000 0.3 Colonial 2,560 0.52 4 3-0
B 9 Autumn Circle 11/15/2024 $1,450,000 0.3 Colonial 2,342 0.46 4 3-1
C 2 Hemlock Road 11/6/2024 $1,000,000 0.5 Cape Cod 1,825 0.29 3 2-1
D 19 Stanford Drive 12/3/2024 $1,295,000 0.7 Raised Ranch 1,680 0.46 3 2-1
E 22 Clifford Court 11/14/2024 $1,375,000 0.7 Cape Cod 1,865 0.18 4 3-0
F 21 Stanford Drive 8/30/2024 $1,350,000 0.7 Colonial 2,490 0.46 3 2-1
G 171 Fort Hill Street 11/22/2024 $710,000 0.7 Conventional 1,753 0.46 6 2-0
H 3 Camelot Drive 1/8/2025 $1,312,000 0.9 Colonial 2,662 0.46 4 2-1
I 193 New Bridge Street 7/29/2024 $1,060,000 0.9 Conventional 2,234 0.46 3 2-0
J 59 Cross Street 1/6/2025 $855,800 1.0 Contemporary 2,060 0.66 3 3-0
Averages 80 days $1,193,280 0.66 --- 2,147 0.44 --- ---  

Estimation of Market Value - $1,249,714

As of today, 01/19/2025, the estimated market value of 3 Cranberry Lane, Hingham considering the above 10 comparable properties is $1,249,714.

 

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
@ 3 Cranberry Lane 4/27/1987 $1 0 Colonial 2,160 0.46 4 2-1 -
  Criteria
A 21 French Street 5/16/2019 $795,000 0.0 Raised Ranch 2,008 0.47 4 2-1
B 4 Cranberry Lane 3/31/2003 $599,900 0.0 Colonial 2,168 0.46 5 2-1
C 25 French Street 8/21/2009 $770,000 0.0 Colonial 3,712 0.47 3 2-1
D 7 Cranberry Lane 11/4/2016 $1,710,000 0.1 Colonial 4,946 0.69 4 4-1
E 8 Cranberry Lane 11/1/2017 $603,100 0.1 Colonial 1,518 0.48 3 1-1
F 27 French Street 5/27/1988 $185,500 0.1 Colonial 1,510 0.46 4 2-0
G 22 French Street 11/29/2021 $1 0.1 Colonial 1,844 0.47 3 2-1
H 18 French Street 10/30/2009 $655,000 0.1 Colonial 2,244 0.46 4 2-1
I 24 French Street 7/18/1986 $1 0.1 Colonial 1,510 0.46 3 1-1
J 9 Cranberry Lane 6/15/2009 $1,100,000 0.1 Colonial 4,334 0.69 4 4-0
K 2 Rosewood Lane 12/16/1999 $698,380 0.1 Colonial 5,364 1.15 4 2-1
L 10 Cranberry Lane 6/3/2015 $1,380,000 0.1 Colonial 4,484 0.69 4 3-1
M 29 French Street 9/25/2007 $545,000 0.1 Ranch 1,716 0.46 3 1-1
N 26 French Street 11/1/2021 $1,095,000 0.1 Colonial 1,752 0.46 4 1-1
O 16 French Street 4/2/2001 $1 0.1 Colonial 1,786 0.46 4 2-1
P 1 Rosewood Lane 2/8/2010 $1 0.1 Colonial 4,168 0.69 4 3-1
Q 3 Partridge Drive 6/15/1975 $58,300 0.1 Colonial 1,976 0.48 4 2-1
R 4 Partridge Drive 8/26/2008 $640,000 0.1 Colonial 2,112 0.46 4 2-1
S 28 French Street 6/28/2004 $585,000 0.1 Colonial 2,000 0.46 4 2-1
T 4 Chatham Circle 7/30/2004 $602,500 0.1 Colonial 2,708 0.47 4 2-1
U 5 Partridge Drive 11/30/2005 $635,000 0.1 Colonial 1,980 0.49 4 2-1
V 31 French Street 4/12/2024 $900,000 0.1 Ranch 1,144 0.46 2 2-0
W 14 French Street 4/11/2019 $584,900 0.1 Colonial 2,214 0.47 3 1-1
X 12 Cranberry Lane 12/10/2020 $1 0.1 Colonial 4,820 0.69 4 4-1
Y 3 Rosewood Lane 8/1/2002 $990,000 0.1 Colonial 4,428 0.69 4 2-1
Z 11 Partridge Drive 3/30/2007 $738,600 0.1 Colonial 1,954 0.52 3 2-1
- 7 Partridge Drive 8/3/2015 $0 0.1 Colonial 2,500 0.47 4 2-1
- 30 French Street 6/29/2018 $803,000 0.1 Colonial 2,064 0.46 4 2-1
Averages 5930 days $595,507 0.09 --- 2,677 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
115-0-114 3 Cranberry Lane