5 Grist Mill Lane, Hingham, MA 02043

5 Grist Mill Lane Hingham MA 02043
Owner Information
Owner 1
Parks Katherine L & Dettman Kurt L
Owner 2
5 Grist Mill Lane Realty Trust
Owner's Address
5 Grist Mill Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
7/19/2019
Previous sale date
07/18/2005
Transfer document #
644-54
Previous transfer document
0538-0033
Grantor
Parks Katherine L
Previous grantor
Martha K Saunders
Most recent sale price
$100.00
Previous sale price
$1,100,000.00
Site Information
Property ID
136-0-59
Lot Size
0.74
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
8
Stories
1.75
Number of Beds
3
Year Built
1973
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2782
Number of Kitchen
Gross Living Area
5904
Number of Fireplaces
3
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
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$644,400.00
Total value
$1,247,900.00
Building value
$603,500.00
Estimated tax
$12,479.00
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 5 Grist Mill Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.04 Style Cape Cod Age 1973 Rooms 8 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 5904 Heating Fuel Hot Water Detached Garage Lot Size 0.74 Roof Cover Asphalt AEM Value - Building $603,500.00 AEM Value - Land $644,400.00 AEM Value - Other $0.00 AEM Value - Total $1,247,900.00
A) 54 Cushing Street 0.3 11/22/2024 $1,251,000 2,199 1.75 $568.89 Cape Cod 2016 7 3 2 1 4684 Forced Air-Duc 0.67 Asphalt $507,000 $508,600 $0 $1,015,600
B) 3 Camelot Drive 0.6 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
C) 21 Stanford Drive 0.6 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
D) 25 Independence Lane 0.8 11/13/2024 $1,130,000 2,230 2 $506.73 Colonial 1965 8 4 2 1 3730 Hot Water 0.69 Asphalt $476,600 $510,700 $0 $987,300
E) 15 South Bradford Road 0.9 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
F) 203 Lazell Street 0.9 8/21/2024 $1,125,000 2,233 2 $503.81 Colonial 1975 8 4 2 1 4214 Hot Water 1.03 Wood Shingle $395,400 $534,500 $0 $929,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Grist Mill Lane 7/19/2019 $100 0 Cape Cod 2,782 0.74 3 2-1 -
  Criteria
A 54 Cushing Street 11/22/2024 $1,251,000 0.3 Cape Cod 2,199 0.67 3 2-1
B 3 Camelot Drive 1/8/2025 $1,312,000 0.6 Colonial 2,662 0.46 4 2-1
C 21 Stanford Drive 8/30/2024 $1,350,000 0.6 Colonial 2,490 0.46 3 2-1
D 25 Independence Lane 11/13/2024 $1,130,000 0.8 Colonial 2,230 0.69 4 2-1
E 15 South Bradford Road 10/24/2024 $1,875,000 0.9 Colonial 2,124 0.78 4 1-2
F 203 Lazell Street 8/21/2024 $1,125,000 0.9 Colonial 2,233 1.03 4 2-1
Averages 86 days $1,340,500 0.69 --- 2,323 0.68 --- ---  

Estimation of Market Value - $1,643,053

As of today, 01/18/2025, the estimated market value of 5 Grist Mill Lane, Hingham considering the above 6 comparable properties is $1,643,053.

 

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
@ 5 Grist Mill Lane 7/19/2019 $100 0 Cape Cod 2,782 0.74 3 2-1 -
  Criteria
A 3 Grist Mill Lane 7/12/2011 $1 0.0 Colonial 4,885 1.01 5 4-0
B 7 Grist Mill Lane 8/7/2000 $1 0.1 Cape Cod 3,032 1.72 3 3-1
C 4 Grist Mill Lane 4/30/1992 $421,000 0.1 Colonial 3,371 0.91 4 3-0
D 1 Grist Mill Lane 9/1/1988 $612,670 0.1 Colonial 5,405 1.4 6 4-1
E 36 Mill Lane 10/14/2021 $1 0.1 Cape Cod 3,543 3.9 4 2-1
F 6 Grist Mill Lane 11/26/2024 $1,500,000 0.1 Contemporary 2,033 0.89 4 3-1
G 2 Grist Mill Lane 8/25/2017 $1,195,000 0.1 Colonial 4,374 1.19 4 4-2
H 8 Grist Mill Lane 12/28/2022 $1,300,000 0.1 Colonial 4,060 2.15 6 5-0
I 31 Howland Lane 4/25/2018 $775,000 0.1 Contemporary 2,360 0.74 3 2-0
J 35 Howland Lane 9/12/1995 $339,900 0.1 Cape Cod 2,808 0.36 3 3-1
K 37 Howland Lane 12/2/2020 $1,310,000 0.1 Cape Cod 3,050 0.48 4 3-1
L 30 Mill Lane 6/21/1993 $286,000 0.1 Conventional 3,133 0.66 3 2-1
M 29 Howland Lane 3/26/2020 $825,000 0.1 Colonial 1,612 0.44 3 2-1
N 25 Mill Lane 6/14/2023 $2,500,000 0.1 Conventional 4,694 0.57 4 4-0
O 0 Main Street-Off 11/15/1964 $1 0.1 Vacant Land 0.63 -
P 85 Tower Road 8/2/2024 $902,500 0.1 Vacant Land 1.35 -
Q 79 Tower Road 4/15/2021 $100 0.1 Colonial 1,856 1.46 3 2-0
R 30 Howland Lane 9/26/2014 $1 0.1 Contemporary 3,587 0.39 3 3-0
S 32 Howland Lane 6/30/2021 $1,100,000 0.1 Cape Cod 2,397 0.42 3 2-2
T 14 Howland Lane 4/15/2021 $100 0.1 Cape Cod 1,656 0.48 3 1-1
Averages 5117 days $653,364 0.09 --- 2,893 1.06 --- ---  
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
136-0-59 5 Grist Mill Lane