40 Recreation Park Drive, Hingham, MA 02043

Owner Information
Owner 1
Old Derby LLC
Owner 2
Owner's Address
40 Recreation Park Drive Hingham, MA 02043
Market Sale Information
Most recent sale date
8/28/2006
Previous sale date
01/01/1900
Transfer document #
33262-0117
Previous transfer document
0000-0000
Grantor
Kresshingham
Previous grantor
Most recent sale price
$325,000.00
Previous sale price
$0.00
Site Information
Property ID
202-0-60
Lot Size
2.03
Use Code
342 - Medical Office Buildings
Zoning
RB
Building Style
Profess. Bldg
Number of Rooms
0
Stories
1
Number of Beds
0
Year Built
2007
Number of full baths
0
Condition
Number of half baths
Finished Area
8984
Number of Kitchen
Gross Living Area
9982
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Wood Frame
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$432,800.00
Total value
$1,812,400.00
Building value
$1,379,600.00
Estimated tax
$18,124.00
Yard improvement value
$0.00
Certified Mass Appraisal
201420152016201720182019202020212022$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000$2,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
40 Recreation Park Drive$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000$2,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 40 Recreation Park Drive
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft $36.18
Style Profess. Bldg
Age 2007
Rooms 0
Bedrooms 0
Full baths 0
Half baths
Gross Living Area 9982
Heating Fuel Forced Air-Duc
Detached Garage
Lot Size 2.03
Roof Cover Asph/F Gls/Cmp
AEM Value - Building $1,379,600.00
AEM Value - Land $432,800.00
AEM Value - Other $0.00
AEM Value - Total $1,812,400.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Recreation Park Drive 8/28/2006 $325,000 0 Profess. Bldg 8,984 2.03 0 0- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
Subject Property0 Derby Street0 Gardner Street-Off270 Gardner Street262 Gardner Street261 Gardner Street283 Gardner Street40 Recreation Park Drive55 Recreation Park Drive50 Recreation Park Drive$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Recreation Park Drive 8/28/2006 $325,000 0 Profess. Bldg 8,984 2.03 0 0- -
  Criteria
A 261 Gardner Street 5/26/2023 $650,000 0.1 Historical 1,512 4.31 5 1-1
B 0 Derby Street 9/14/2012 $5,700,000 0.1 Vacant Land 1.93 -
C 50 Recreation Park Drive 1/7/1987 $100 0.1 Nursing Home 37,596 14.48 0 0-
D 0 Gardner Street-Off 6/15/1969 $1 0.1 Vacant Land 5.34 -
E 55 Recreation Park Drive 12/6/2020 $2,870,000 0.1 Tennis Club 56,400 2.52 0 0-
F 283 Gardner Street 10/4/2004 $1 0.1 Contemporary 4,701 0.72 4 3-1
G 262 Gardner Street 3/12/1998 $180,000 0.1 Colonial 2,549 0.49 3 3-0
H 270 Gardner Street 9/16/2011 $477,500 0.1 Cape Cod 1,680 0.43 3 2-0
Averages 7990 days $1,234,700 0.10 --- 13,055 3.78 --- ---  
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
202-0-60 40 Recreation Park Drive