16 Independence Lane, Hingham, MA 02043

16 Independence Lane Hingham MA 02043
Owner Information
Owner 1
Allison Gotsch & Gotsch Audrey R
Owner 2
Owner's Address
16 Independence Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
6/7/2019
Previous sale date
08/21/2018
Transfer document #
51206-199
Previous transfer document
50194-0305
Grantor
Allison Gotsch
Previous grantor
Keith S Olson
Most recent sale price
$1.00
Previous sale price
$689,900.00
Site Information
Property ID
157-0-20
Lot Size
0.41
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
7
Stories
1.75
Number of Beds
3
Year Built
1951
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1555
Number of Kitchen
Gross Living Area
2976
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
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$474,600.00
Total value
$824,800.00
Building value
$350,200.00
Estimated tax
$8,248.00
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 16 Independence Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1951 Rooms 7 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area 2976 Heating Fuel Hot Water Detached Garage Lot Size 0.41 Roof Cover Asphalt AEM Value - Building $350,200.00 AEM Value - Land $474,600.00 AEM Value - Other $0.00 AEM Value - Total $824,800.00
A) 8 Hancock Road 0.2 7/24/2024 $860,000 1,193 1 $720.87 Ranch 1955 6 3 1 0 3979 Hot Water 0.39 Asphalt $217,900 $472,800 $0 $690,700
B) 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
C) 28 Colonial Road 0.3 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
D) 10 Puritan Road 0.3 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
E) 56 Old County Road 0.4 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) 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
H) 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
I) 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
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) 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
L) 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
M) 22 Plymouth River Road 0.9 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
@ 16 Independence Lane 6/7/2019 $1 0 Cape Cod 1,555 0.41 3 2-0 -
  Criteria
A 8 Hancock Road 7/24/2024 $860,000 0.2 Ranch 1,193 0.39 3 1-0
B 18 Hancock Road 9/30/2024 $430,000 0.3 Cape Cod 1,863 0.59 4 2-0
C 28 Colonial Road 11/18/2024 $1,050,000 0.3 Colonial 1,800 0.29 4 1-1
D 10 Puritan Road 9/24/2024 $1,265,000 0.3 Cape Cod 1,741 0.38 3 2-0
E 56 Old County Road 10/15/2024 $1,080,500 0.4 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 20 Volunteer Road 10/15/2024 $1,055,000 0.5 Raised Ranch 1,566 1.31 3 3-0
H 3 Hoover Road 8/1/2024 $1,030,000 0.6 Colonial 1,510 0.41 4 1-1
I 1020 Main Street 10/28/2024 $600,000 0.7 Colonial 1,678 0.34 2 1-0
J 25 Howland Lane 7/22/2024 $1,700,000 0.7 Ranch 1,746 0.41 2 2-1
K 72 Scotland Street 7/25/2024 $1,175,000 0.8 Raised Ranch 1,594 0.52 2 1-1
L 21 Plymouth River Road 8/30/2024 $1,165,000 0.9 Cape Cod 1,894 0.46 3 2-0
M 22 Plymouth River Road 8/16/2024 $1,165,000 0.9 Colonial 1,882 0.48 4 1-1
Averages 121 days $992,885 0.55 --- 1,704 0.53 --- ---  

Estimation of Market Value - $946,638

As of today, 01/18/2025, the estimated market value of 16 Independence Lane, Hingham considering the above 13 comparable properties is $946,638.

 

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
@ 16 Independence Lane 6/7/2019 $1 0 Cape Cod 1,555 0.41 3 2-0 -
  Criteria
A 18 Independence Lane 8/30/2010 $1 0.0 Colonial 1,335 0.38 3 1-1
B 14 Independence Lane 4/30/2010 $525,000 0.0 Cape Cod 1,894 0.37 3 1-1
C 13 Independence Lane 9/30/2010 $623,000 0.0 Cape Cod 1,837 0.38 3 2-0
D 13 Constitution Road 1/3/2020 $1 0.0 Ranch 1,762 0.7 3 1-1
E 17 Independence Lane 6/26/2019 $585,000 0.0 Colonial 1,332 0.33 3 1-1
F 9 Independence Lane 8/20/2021 $1,350,000 0.0 Ranch 2,302 0.41 3 2-0
G 22 Independence Lane 10/10/2003 $487,000 0.0 Colonial 1,851 0.56 3 2-1
H 30 Liberty Pole Road 5/6/2011 $803,000 0.1 Cape Cod 2,634 0.39 3 2-2
I 12 Independence Lane 12/30/2021 $1,107,500 0.1 Colonial 2,600 0.65 3 2-1
J 19 Independence Lane 1/11/2017 $1 0.1 Cape Cod 1,579 0.47 3 1-1
K 34 Liberty Pole Road 3/31/2016 $100 0.1 Ranch 1,828 0.36 2 2-0
L 17 Constitution Road 10/28/2016 $630,000 0.1 Cape Cod 2,080 0.46 3 2-0
M 28 Liberty Pole Road 3/2/2020 $1 0.1 Cape Cod 1,813 0.39 3 2-0
N 7 Independence Lane 7/31/2017 $535,000 0.1 Cape Cod 1,760 0.44 4 2-0
O 36 Liberty Pole Road 5/10/2019 $820,000 0.1 Cape Cod 2,575 0.4 4 2-1
P 875 Main Street 1/24/1995 $15,000 0.1 Vacant Land 3.51 -
Q 10 Independence Lane 8/11/2022 $1,228,000 0.1 Colonial 1,788 0.55 3 3-1
R 12 Constitution Road 5/7/2013 $1 0.1 Colonial 2,277 0.41 3 2-0
S 16 Constitution Road 5/31/2006 $750,000 0.1 Cape Cod 2,975 0.42 4 3-1
T 38 Liberty Pole Road 6/9/2000 $350,000 0.1 Cape Cod 1,548 0.37 3 1-1
U 4 Colonial Road 3/29/2013 $382,500 0.1 Raised Ranch 1,300 0.81 3 1-1
V 27 Liberty Pole Road 8/29/2011 $645,000 0.1 Cape Cod 2,970 0.42 3 3-1
W 29 Liberty Pole Road 4/24/2003 $411,000 0.1 Split-level 1,492 0.45 3 1-1
X 10 Constitution Road 6/3/2010 $1 0.1 Cape Cod 2,224 0.86 3 2-0
Y 24 Liberty Pole Road 5/20/1988 $216,000 0.1 Cape Cod 2,828 0.42 4 1-1
Z 40 Liberty Pole Road 5/6/2022 $1,375,000 0.1 Cape Cod 2,292 0.32 3 2-0
- 25 Liberty Pole Road 8/24/1984 $127,000 0.1 Ranch 2,160 0.53 3 1-1
- 8 Independence Lane 7/24/2007 $679,900 0.1 Colonial 1,872 0.68 3 1-1
- 28 Independence Lane 8/5/2021 $1 0.1 Colonial 1,668 0.58 4 2-1
- 25 Independence Lane 11/13/2024 $1,130,000 0.1 Colonial 2,230 0.69 4 2-1
- 26 Independence Lane 8/15/2007 $815,000 0.1 Colonial 2,412 3.81 4 2-1
- 6 Independence Lane 9/4/2014 $699,000 0.1 Colonial 1,987 0.54 4 2-1
- 42 Liberty Pole Road 6/7/2024 $1,274,000 0.1 Ranch 1,502 0.33 2 1-1
- 35 Liberty Pole Road 4/7/2022 $1,610,000 0.1 Contemporary 2,732 0.41 4 3-1
- 31 Liberty Pole Road 2/19/2020 $336,063 0.1 Ranch 1,743 0.98 3 2-0
- 33 Liberty Pole Road 4/1/2019 $10 0.1 Colonial 1,965 1.03 3 3-1
- 883 Main Street 8/26/2013 $1 0.1 Colonial 3,539 2.63 4 3-0
- 29 Independence Lane 3/18/2016 $550,000 0.1 Cape Cod 1,530 0.43 3 2-0
- 37 Liberty Pole Road 12/31/2021 $1 0.1 Colonial 1,698 0.45 3 1-1
- 6 Colonial Road 1/14/2003 $1 0.1 Split-level 1,432 0.29 3 1-1
Averages 4344 days $501,477 0.08 --- 1,984 0.72 --- ---  
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
157-0-20 16 Independence Lane