7 Independence Lane, Hingham, MA 02043

7 Independence Lane Hingham MA 02043
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Owner Information
Owner 1
Joseph F Kelly & Crystal G
Owner 2
Owner's Address
7 Independence Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
7/31/2017
Previous sale date
06/22/1989
Transfer document #
48722-0002
Previous transfer document
0000-0000
Grantor
Eileen J Dowling
Previous grantor
Most recent sale price
$535,000.00
Previous sale price
$1.00
Site Information
Property ID
157-0-12
Lot Size
0.44
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
7
Stories
1.75
Number of Beds
4
Year Built
1947
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1760
Number of Kitchen
Gross Living Area
3710
Number of Fireplaces
0
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
Aluminum Sidng
Assessment Information
Fiscal Year
2024
Land Value
$478,000.00
Total value
$960,300.00
Building value
$482,300.00
Estimated tax
$9,603.00
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 7 Independence Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $303.98 Style Cape Cod Age 1947 Rooms 7 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 3710 Heating Fuel Hot Water Detached Garage Lot Size 0.44 Roof Cover Asphalt AEM Value - Building $482,300.00 AEM Value - Land $478,000.00 AEM Value - Other $0.00 AEM Value - Total $960,300.00
A) 18 Hancock Road 0.3 9/30/2024 $430,000 1,863 1.75 $230.81 Cape Cod 1952 8 4 2 0 3996 Hot Water 0.59 Asphalt $319,700 $497,600 $0 $817,300
B) 28 Colonial Road 0.4 11/18/2024 $1,050,000 1,800 2 $583.33 Colonial 1955 8 4 1 1 3208 Hot Water 0.29 Asphalt $425,100 $462,000 $0 $887,100
C) 10 Puritan Road 0.4 9/24/2024 $1,265,000 1,741 1.75 $726.59 Cape Cod 1953 8 3 2 0 3638 Hot Water 0.38 Asphalt $384,800 $471,800 $0 $856,600
D) 54 Cushing Street 0.4 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
E) 56 Old County Road 0.5 10/15/2024 $1,080,500 1,846 2 $585.32 Colonial 1966 8 4 1 1 3678 Hot Water 0.46 Asphalt $381,600 $480,000 $0 $861,600
F) 74 Cushing Street 0.5 1/14/2025 $332,000 1,844 1 $180.04 Ranch 1957 8 4 1 1 3856 Hot Water 0.89 Asphalt $212,200 $450,200 $0 $662,400
G) 60 Old County Road 0.5 8/1/2024 $1,333,200 2,180 2 $611.56 Colonial 1967 8 4 2 0 3360 Hot Water 0.65 Asphalt $474,300 $504,900 $0 $979,200
H) 20 Volunteer Road 0.5 10/15/2024 $1,055,000 1,566 1 $673.69 Raised Ranch 1964 6 3 3 0 3372 Hot Water 1.31 Asphalt $212,400 $541,000 $0 $753,400
I) 3 Hoover Road 0.6 8/1/2024 $1,030,000 1,510 1.85 $682.12 Colonial 1953 8 4 1 1 2824 Hot Water 0.41 Asphalt $328,800 $474,800 $0 $803,600
J) 25 Howland Lane 0.7 7/22/2024 $1,700,000 1,746 1 $973.65 Ranch 1954 6 2 2 1 2936 Hot Water 0.41 Asphalt $442,700 $593,400 $0 $1,036,100
K) 1020 Main Street 0.7 10/28/2024 $600,000 1,678 1.75 $357.57 Colonial 1950 4 2 1 0 3069 Hot Water 0.34 Asphalt $289,800 $467,100 $0 $756,900
L) 6 Grist Mill Lane 0.8 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
M) 14 Camelot Drive 0.8 11/18/2024 $1,399,000 1,970 2 $710.15 Colonial 1983 9 4 2 1 4182 Hot Water 1 Asphalt $476,300 $640,600 $0 $1,116,900
N) 72 Scotland Street 0.8 7/25/2024 $1,175,000 1,594 1 $737.14 Raised Ranch 1962 6 2 1 1 3194 Hot Water 0.52 Asphalt $266,500 $463,100 $0 $729,600
O) 21 Plymouth River Road 0.9 8/30/2024 $1,165,000 1,894 1.75 $615.10 Cape Cod 1965 7 3 2 0 3859 Hot Water 0.46 Asphalt $393,600 $576,000 $0 $969,600
P) 22 Plymouth River Road 1.0 8/16/2024 $1,165,000 1,882 2 $619.02 Colonial 1966 8 4 1 1 3446 Hot Water 0.48 Asphalt $377,800 $579,100 $0 $956,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Independence Lane 7/31/2017 $535,000 0 Cape Cod 1,760 0.44 4 2-0 -
  Criteria
A 18 Hancock Road 9/30/2024 $430,000 0.3 Cape Cod 1,863 0.59 4 2-0
B 28 Colonial Road 11/18/2024 $1,050,000 0.4 Colonial 1,800 0.29 4 1-1
C 10 Puritan Road 9/24/2024 $1,265,000 0.4 Cape Cod 1,741 0.38 3 2-0
D 54 Cushing Street 11/22/2024 $1,251,000 0.4 Cape Cod 2,199 0.67 3 2-1
E 56 Old County Road 10/15/2024 $1,080,500 0.5 Colonial 1,846 0.46 4 1-1
F 74 Cushing Street 1/14/2025 $332,000 0.5 Ranch 1,844 0.89 4 1-1
G 60 Old County Road 8/1/2024 $1,333,200 0.5 Colonial 2,180 0.65 4 2-0
H 20 Volunteer Road 10/15/2024 $1,055,000 0.5 Raised Ranch 1,566 1.31 3 3-0
I 3 Hoover Road 8/1/2024 $1,030,000 0.6 Colonial 1,510 0.41 4 1-1
J 25 Howland Lane 7/22/2024 $1,700,000 0.7 Ranch 1,746 0.41 2 2-1
K 1020 Main Street 10/28/2024 $600,000 0.7 Colonial 1,678 0.34 2 1-0
L 6 Grist Mill Lane 11/26/2024 $1,500,000 0.8 Contemporary 2,033 0.89 4 3-1
M 14 Camelot Drive 11/18/2024 $1,399,000 0.8 Colonial 1,970 1 4 2-1
N 72 Scotland Street 7/25/2024 $1,175,000 0.8 Raised Ranch 1,594 0.52 2 1-1
O 21 Plymouth River Road 8/30/2024 $1,165,000 0.9 Cape Cod 1,894 0.46 3 2-0
P 22 Plymouth River Road 8/16/2024 $1,165,000 1.0 Colonial 1,882 0.48 4 1-1
Averages 109 days $1,095,669 0.62 --- 1,834 0.61 --- ---  

Estimation of Market Value - $1,114,247

As of today, 01/18/2025, the estimated market value of 7 Independence Lane, Hingham considering the above 16 comparable properties is $1,114,247.

 

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
@ 7 Independence Lane 7/31/2017 $535,000 0 Cape Cod 1,760 0.44 4 2-0 -
  Criteria
A 28 Liberty Pole Road 3/2/2020 $1 0.0 Cape Cod 1,813 0.39 3 2-0
B 9 Independence Lane 8/20/2021 $1,350,000 0.0 Ranch 2,302 0.41 3 2-0
C 24 Liberty Pole Road 5/20/1988 $216,000 0.0 Cape Cod 2,828 0.42 4 1-1
D 10 Independence Lane 8/11/2022 $1,228,000 0.0 Colonial 1,788 0.55 3 3-1
E 6 Independence Lane 9/4/2014 $699,000 0.0 Colonial 1,987 0.54 4 2-1
F 8 Independence Lane 7/24/2007 $679,900 0.0 Colonial 1,872 0.68 3 1-1
G 12 Independence Lane 12/30/2021 $1,107,500 0.0 Colonial 2,600 0.65 3 2-1
H 30 Liberty Pole Road 5/6/2011 $803,000 0.0 Cape Cod 2,634 0.39 3 2-2
I 13 Independence Lane 9/30/2010 $623,000 0.1 Cape Cod 1,837 0.38 3 2-0
J 14 Independence Lane 4/30/2010 $525,000 0.1 Cape Cod 1,894 0.37 3 1-1
K 18 Liberty Pole Road 8/21/2023 $1,200,000 0.1 Ranch 1,731 0.47 3 1-1
L 25 Liberty Pole Road 8/24/1984 $127,000 0.1 Ranch 2,160 0.53 3 1-1
M 27 Liberty Pole Road 8/29/2011 $645,000 0.1 Cape Cod 2,970 0.42 3 3-1
N 14 Liberty Pole Road 9/3/2015 $544,000 0.1 Cape Cod 1,978 0.53 3 2-0
O 16 Independence Lane 6/7/2019 $1 0.1 Cape Cod 1,555 0.41 3 2-0
P 1 Constitution Road 11/26/2019 $685,000 0.1 Cape Cod 2,515 0.35 4 2-0
Q 861 Main Street 7/15/1972 $41,000 0.1 Historical 1,662 0.36 3 1-1
R 29 Liberty Pole Road 4/24/2003 $411,000 0.1 Split-level 1,492 0.45 3 1-1
S 23 Liberty Pole Road 7/21/2006 $735,000 0.1 Cape Cod 3,075 0.82 4 2-1
T 34 Liberty Pole Road 3/31/2016 $100 0.1 Ranch 1,828 0.36 2 2-0
U 13 Constitution Road 1/3/2020 $1 0.1 Ranch 1,762 0.7 3 1-1
V 17 Independence Lane 6/26/2019 $585,000 0.1 Colonial 1,332 0.33 3 1-1
W 17 Liberty Pole Road 12/11/2009 $421,000 0.1 Cape Cod 1,669 0.65 4 2-0
X 10 Constitution Road 6/3/2010 $1 0.1 Cape Cod 2,224 0.86 3 2-0
Y 15 Liberty Pole Road 7/24/2013 $595,000 0.1 Cape Cod 1,476 0.53 3 1-1
Z 12 Constitution Road 5/7/2013 $1 0.1 Colonial 2,277 0.41 3 2-0
- 18 Independence Lane 8/30/2010 $1 0.1 Colonial 1,335 0.38 3 1-1
- 0-R Liberty Pole Road 1/15/1962 $1 0.1 Vacant Land 0.8 -
- 31 Liberty Pole Road 2/19/2020 $336,063 0.1 Ranch 1,743 0.98 3 2-0
- 9 Liberty Pole Road 9/26/2005 $678,500 0.1 Colonial 3,172 0.61 4 3-0
- 36 Liberty Pole Road 5/10/2019 $820,000 0.1 Cape Cod 2,575 0.4 4 2-1
- 19 Independence Lane 1/11/2017 $1 0.1 Cape Cod 1,579 0.47 3 1-1
- 16 Constitution Road 5/31/2006 $750,000 0.1 Cape Cod 2,975 0.42 4 3-1
- 17 Constitution Road 10/28/2016 $630,000 0.1 Cape Cod 2,080 0.46 3 2-0
- 875 Main Street 1/24/1995 $15,000 0.1 Vacant Land 3.51 -
- 0 Main Street $1 0.1 Fire Station 3,878 0.85 0 0-
- 22 Independence Lane 10/10/2003 $487,000 0.1 Colonial 1,851 0.56 3 2-1
- 33 Liberty Pole Road 4/1/2019 $10 0.1 Colonial 1,965 1.03 3 3-1
- 871 Main Street 11/24/2015 $759,000 0.1 Conventional 2,354 0.81 3 2-1
- 38 Liberty Pole Road 6/9/2000 $350,000 0.1 Cape Cod 1,548 0.37 3 1-1
- 35 Liberty Pole Road 4/7/2022 $1,610,000 0.1 Contemporary 2,732 0.41 4 3-1
Averages 5455 days $479,417 0.08 --- 2,026 0.61 --- ---  
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
157-0-12 7 Independence Lane