2 Craig Lane, Hingham, MA 02043

Owner Information
Owner 1
Sean McGowan & Kathryn
Owner 2
Owner's Address
2 Craig Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
4/10/2020
Previous sale date
11/27/2015
Transfer document #
52595-149
Previous transfer document
46320-0209
Grantor
James A Flett
Previous grantor
Dorothy J Flett
Most recent sale price
$805,000.00
Previous sale price
$1.00
Site Information
Property ID
169-0-130
Lot Size
0.69
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
8
Stories
1.75
Number of Beds
4
Year Built
1971
Number of full baths
2
Condition
Number of half baths
0
Finished Area
1723
Number of Kitchen
Gross Living Area
3867
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Typical
Floor type
Average
Solar Hot Water
No
Roof Structure
Gable
Heating type
Gas
Roof Cover
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$510,600.00
Total value
$906,900.00
Building value
$396,300.00
Estimated tax
$9,069.00
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 2 Craig Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $467.21 Style Cape Cod Age 1971 Rooms 8 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area 3867 Heating Fuel Hot Water Detached Garage Lot Size 0.69 Roof Cover Asphalt AEM Value - Building $396,300.00 AEM Value - Land $510,600.00 AEM Value - Other $0.00 AEM Value - Total $906,900.00
A) 3 Hoover Road 0.3 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
B) 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
C) 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
D) 10 Puritan Road 0.6 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) 28 Colonial Road 0.7 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
F) 18 Hancock Road 0.7 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
G) 18 Old County Road 0.9 1/30/2025 $1,075,000 1,435 1.9 $749.13 Cape Cod 1939 6 3 3 0 2692 Hot Water 0.83 Asphalt $262,800 $523,400 $0 $786,200
H) 74 Cushing Street 0.9 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
I) 20 Volunteer Road 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 2 Craig Lane 4/10/2020 $805,000 0 Cape Cod 1,723 0.69 4 2-0 -
  Criteria
A 3 Hoover Road 8/1/2024 $1,030,000 0.3 Colonial 1,510 0.41 4 1-1
B 1020 Main Street 10/28/2024 $600,000 0.4 Colonial 1,678 0.34 2 1-0
C 56 Old County Road 10/15/2024 $1,080,500 0.5 Colonial 1,846 0.46 4 1-1
D 10 Puritan Road 9/24/2024 $1,265,000 0.6 Cape Cod 1,741 0.38 3 2-0
E 28 Colonial Road 11/18/2024 $1,050,000 0.7 Colonial 1,800 0.29 4 1-1
F 18 Hancock Road 9/30/2024 $430,000 0.7 Cape Cod 1,863 0.59 4 2-0
G 18 Old County Road 1/30/2025 $1,075,000 0.9 Cape Cod 1,435 0.83 3 3-0
H 74 Cushing Street 1/14/2025 $332,000 0.9 Ranch 1,844 0.89 4 1-1
I 20 Volunteer Road 10/15/2024 $1,055,000 0.9 Raised Ranch 1,566 1.31 3 3-0
Averages 94 days $879,722 0.64 --- 1,698 0.61 --- ---  

Estimation of Market Value - $945,980

As of today, 01/31/2025, the estimated market value of 2 Craig Lane, Hingham considering the above 9 comparable properties is $945,980.

 

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
@ 2 Craig Lane 4/10/2020 $805,000 0 Cape Cod 1,723 0.69 4 2-0 -
  Criteria
A 27 Prospect Street 10/9/2008 $1 0.0 Colonial 2,111 0.69 3 2-0
B 4 Craig Lane 3/31/2006 $642,500 0.0 Colonial 1,829 0.7 3 2-0
C 11 Prospect Street 5/13/2016 $690,000 0.0 Ranch 1,360 0.69 3 2-0
D 6 Craig Lane 9/30/2010 $705,000 0.0 Colonial 2,460 0.72 4 2-1
E 3 Craig Lane 3/30/2020 $1,100,000 0.0 Colonial 2,422 0.7 4 2-1
F 31 Prospect Street 11/23/1983 $72,000 0.1 Cape Cod 1,518 0.33 3 1-1
G 14 Prospect Street 10/19/2001 $476,000 0.1 Cape Cod 3,003 0.66 3 3-0
H 22 Prospect Street 12/5/2008 $1 0.1 Cape Cod 2,478 0.69 3 2-0
I 18 Prospect Street 7/30/2009 $505,000 0.1 Cape Cod 2,860 0.97 4 3-0
J 26 Prospect Street 7/16/2014 $571,000 0.1 Cape Cod 2,044 0.69 3 2-0
K 8 Prospect Street 12/30/2008 $100 0.1 Cape Cod 2,017 0.32 3 3-0
L 8 Craig Lane 12/30/2014 $100 0.1 Colonial 2,305 0.88 3 2-1
M 28 Prospect Street 7/30/1993 $160,000 0.1 Colonial 2,073 1.03 3 2-0
N 5 Craig Lane 6/9/2015 $1 0.1 Colonial 2,442 1.11 3 2-1
O 35 Prospect Street 6/22/1990 $240,000 0.1 Ranch 1,778 0.69 3 2-0
P 7 Prospect Street 6/12/2002 $593,000 0.1 Ranch 1,400 0.82 3 2-0
Q 958 Main Street 10/24/2006 $637,500 0.1 Colonial 2,489 0.82 4 2-1
R 7 Craig Lane 11/25/2002 $804,000 0.1 Colonial 2,407 0.87 4 2-1
S 34 Prospect Street 5/10/1988 $190,000 0.1 Cape Cod 1,489 1.25 4 2-0
T 9 Craig Lane 7/18/2023 $950,000 0.1 Ranch 1,580 0.75 3 2-0
U 946 Main Street 8/2/2021 $825,000 0.1 Colonial 1,470 0.32 3 1-1
V 940 Main Street 12/28/1984 $264,501 0.1 Colonial 2,232 0.87 4 2-1
W 11 Craig Lane 8/1/2013 $910,000 0.1 Colonial 2,171 0.82 4 2-1
X 962 Main Street 7/13/2018 $1,261,000 0.1 Historical 3,182 1.38 4 2-1
Y 41 Prospect Street 7/22/2020 $100 0.1 Colonial 2,380 0.69 3 2-1
Z 934 Main Street 12/22/2021 $100 0.1 Conventional 2,232 1.29 3 1-1
- 42 Prospect Street 11/17/2006 $451,250 0.1 Conventional 2,190 0.65 4 1-0
- 6 Cutter Hill Road 6/29/2006 $1,015,050 0.1 Colonial 2,951 0.93 4 2-1
- 970 Main Street 4/15/1980 $102,000 0.1 Conventional 2,293 1.04 4 1-1
- 14 Hope Road 6/15/2020 $555,000 0.1 Conventional 1,061 0.7 3 1-0
- 4 Captains Lane 5/30/1997 $370,000 0.1 Split-level 2,000 1.64 4 2-1
- 4 Cutter Hill Road 4/25/2018 $1,275,000 0.1 Colonial 4,015 0.73 4 2-1
- 937 Main Street 10/17/2022 $1,001,000 0.1 Ranch 1,360 0.57 3 1-1
Averages 6257 days $495,946 0.08 --- 2,170 0.82 --- ---  
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
169-0-130 2 Craig Lane