1 Southgate Lane, Hingham, MA 02043

Owner Information
Owner 1
Mark A McKay & Barbara E
Owner 2
Owner's Address
1 Southgate Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
8/30/2004
Previous sale date
01/01/1900
Transfer document #
28965-0144
Previous transfer document
0000-0000
Grantor
David E Peak
Previous grantor
Most recent sale price
$611,000.00
Previous sale price
$0.00
Site Information
Property ID
168-0-116
Lot Size
0.53
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1963
Number of full baths
2
Condition
Number of half baths
0
Finished Area
2068
Number of Kitchen
Gross Living Area
3760
Number of Fireplaces
2
Bsmnt floot
Number of parking
Interior walls
Typical
Floor type
Average
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
$489,600.00
Total value
$931,300.00
Building value
$441,700.00
Estimated tax
$9,313.00
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 1 Southgate Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $295.45 Style Colonial Age 1963 Rooms 8 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 3760 Heating Fuel Hot Water Detached Garage Lot Size 0.53 Roof Cover Asphalt AEM Value - Building $441,700.00 AEM Value - Land $489,600.00 AEM Value - Other $0.00 AEM Value - Total $931,300.00
A) 60 Old County Road 0.2 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
B) 56 Old County Road 0.3 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
C) 25 Independence Lane 0.3 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
D) 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
E) 1020 Main Street 0.4 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
F) 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
G) 18 Hancock Road 0.4 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
H) 1062 Main Street 0.6 8/5/2024 $1,299,000 2,564 1.75 $506.63 Historical 1840 8 4 2 1 4297 Steam 1.16 Wood Shingle $575,900 $510,600 $0 $1,086,500
I) 20 Volunteer Road 0.7 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
J) 54 Cushing Street 0.8 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
K) 74 Cushing Street 0.8 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
L) 21 Plymouth River Road 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 1 Southgate Lane 8/30/2004 $611,000 0 Colonial 2,068 0.53 4 2-0 -
  Criteria
A 60 Old County Road 8/1/2024 $1,333,200 0.2 Colonial 2,180 0.65 4 2-0
B 56 Old County Road 10/15/2024 $1,080,500 0.3 Colonial 1,846 0.46 4 1-1
C 25 Independence Lane 11/13/2024 $1,130,000 0.3 Colonial 2,230 0.69 4 2-1
D 10 Puritan Road 9/24/2024 $1,265,000 0.4 Cape Cod 1,741 0.38 3 2-0
E 1020 Main Street 10/28/2024 $600,000 0.4 Colonial 1,678 0.34 2 1-0
F 28 Colonial Road 11/18/2024 $1,050,000 0.4 Colonial 1,800 0.29 4 1-1
G 18 Hancock Road 9/30/2024 $430,000 0.4 Cape Cod 1,863 0.59 4 2-0
H 1062 Main Street 8/5/2024 $1,299,000 0.6 Historical 2,564 1.16 4 2-1
I 20 Volunteer Road 10/15/2024 $1,055,000 0.7 Raised Ranch 1,566 1.31 3 3-0
J 54 Cushing Street 11/22/2024 $1,251,000 0.8 Cape Cod 2,199 0.67 3 2-1
K 74 Cushing Street 1/14/2025 $332,000 0.8 Ranch 1,844 0.89 4 1-1
L 21 Plymouth River Road 8/30/2024 $1,165,000 1.0 Cape Cod 1,894 0.46 3 2-0
Averages 110 days $999,225 0.53 --- 1,950 0.66 --- ---  

Estimation of Market Value - $1,054,815

As of today, 01/31/2025, the estimated market value of 1 Southgate Lane, Hingham considering the above 12 comparable properties is $1,054,815.

 

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
@ 1 Southgate Lane 8/30/2004 $611,000 0 Colonial 2,068 0.53 4 2-0 -
  Criteria
A 16 Westmoreland Road 9/27/2019 $100 0.0 Cape Cod 1,671 0.56 3 3-0
B 10 Westmoreland Road 9/11/2020 $100 0.0 Cape Cod 1,786 0.39 3 1-1
C 12 Highfield Road 7/29/2016 $665,000 0.0 Cape Cod 1,527 0.44 3 2-0
D 5 Southgate Lane 6/24/2009 $599,900 0.0 Colonial 1,936 0.39 4 2-1
E 20 Westmoreland Road 11/30/2004 $1 0.0 Cape Cod 1,876 1.19 3 2-1
F 4 Southgate Lane 1/1/1974 $58,000 0.0 Colonial 2,082 0.69 4 2-1
G 7 Westmoreland Road 3/18/2016 $647,000 0.0 Colonial 1,834 0.34 4 1-1
H 6 Southgate Lane 7/13/2017 $788,500 0.1 Colonial 1,880 1.11 4 2-1
I 8 Westmoreland Road 10/1/2015 $645,000 0.1 Conventional 3,410 0.55 3 3-0
J 8 Highfield Road 10/30/2006 $414,000 0.1 Ranch 1,207 0.38 3 1-1
K 22 Westmoreland Road 1/17/2013 $10 0.1 Cape Cod 1,715 0.95 2 1-1
L 5 Westmoreland Road 5/3/2017 $647,500 0.1 Cape Cod 1,306 0.37 3 1-1
M 15 Westmoreland Road 9/29/2022 $2,061,449 0.1 Cape Cod 1,296 0.78 3 2-0
N 11 Highfield Road 4/30/2021 $760,000 0.1 Cape Cod 1,306 0.67 3 2-0
O 7 Grenadier Road 7/30/1999 $383,500 0.1 Colonial 2,076 0.73 4 1-1
P 17 Westmoreland Road 9/19/2014 $634,000 0.1 Colonial 2,238 0.71 4 1-2
Q 6 Highfield Road 9/2/2008 $415,000 0.1 Ranch 1,375 0.37 3 1-0
R 24 Westmoreland Road 5/31/1995 $251,000 0.1 Cape Cod 2,592 0.8 3 2-0
S 4 Westmoreland Road 10/23/1997 $287,500 0.1 Cape Cod 2,171 0.75 2 2-0
T 19 Westmoreland Road 12/17/2021 $1 0.1 Cape Cod 2,094 0.71 3 2-1
U 9 Highfield Road 12/21/2012 $335,000 0.1 Conventional 2,613 0.54 2 2-1
V 3 Grenadier Road 4/17/2001 $25,000 0.1 Vacant Land 0.46 -
W 3 Westmoreland Road 8/25/2016 $1 0.1 Colonial 1,450 0.37 3 1-1
X 2 Presidents Road 1/25/1985 $1 0.1 Vacant Land 1.11 -
Y 4 Highfield Road 8/9/2006 $200,000 0.1 Colonial 3,134 0.37 3 2-1
Z 6 Grenadier Road 3/30/1995 $215,000 0.1 Raised Ranch 1,144 0.47 3 1-1
- 21 Westmoreland Road 12/22/1998 $308,000 0.1 Colonial 1,926 0.9 4 2-1
- 5 Highfield Road 8/6/2018 $1 0.1 Colonial 1,728 0.96 3 2-1
- 9 Grenadier Road 12/8/2014 $838,000 0.1 Colonial 2,737 0.53 4 2-2
- 927 Main Street 2/29/2000 $270,000 0.1 Ranch 1,290 0.3 2 1-1
- 937 Main Street 10/17/2022 $1,001,000 0.1 Ranch 1,360 0.57 3 1-1
- 923 Main Street 6/20/2014 $635,000 0.1 Colonial 1,974 0.29 3 2-1
- 23 Westmoreland Road 10/31/2022 $100 0.1 Colonial 2,497 1.03 5 3-0
- 941 Main Street 11/26/1996 $229,000 0.1 Historical 1,365 0.48 3 1-1
- 26 Westmoreland Road 6/21/2013 $645,000 0.1 Colonial 1,974 1.37 3 1-1
- 919 Main Street 12/22/2016 $1 0.1 Ranch 1,264 0.29 2 1-1
- 901 Main Street 9/29/2023 $2,311,000 0.1 Cape Cod 1,876 1.61 3 3-0
- 10 Grenadier Road 3/11/2020 $600,000 0.1 Raised Ranch 1,176 0.46 3 1-1
- 1 Presidents Road 7/12/2011 $625,000 0.1 Colonial 2,016 0.81 4 1-2
- 3 Highfield Road 12/11/2020 $100 0.1 Cape Cod 1,821 0.49 2 1-0
Averages 5248 days $437,369 0.08 --- 1,768 0.66 --- ---  
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
168-0-116 1 Southgate Lane