5 New Towne Drive, Hingham, MA 02043

5 New Towne Drive Hingham MA 02043
Owner Information
Owner 1
Timothy A Sherman
Owner 2
Kristin B Sherman
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
3/14/2025
Previous sale date
4/12/2021
Transfer document #
59770-1
Previous transfer document
54771-227
Grantor
Robert Shaughnessy
Previous grantor
Timothy Pinch
Most recent sale price
$2,999,000.00
Previous sale price
$2,475,000.00
Site Information
Property ID
70-0-111
Lot Size
0.82
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Colonial
Number of Rooms
10
Stories
2
Number of Beds
5
Year Built
1987
Number of full baths
2
Condition
Number of half baths
1
Finished Area
4212
Number of Kitchen
Gross Living Area
7337
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
Wood Shingle
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$627,300.00
Total value
$2,410,200.00
Building value
$1,782,900.00
Estimated tax
$24,102.00
Yard improvement value
$0.00
Certified Mass Appraisal
201420152016201720182019202020212022$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
237 Main Street197 Hersey Street173 Main Street5 New Towne Drive$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Subject PropertyTotal Assessment ($)Total Assessment
Address 5 New Towne Drive A) 197 Hersey StreetB) 237 Main StreetC) 173 Main Street
Photo
Plan
Map
Proximity 0.60.60.6
Last Sold 1/7/20254/8/20251/8/2025
Price $2,450,000$100,000$2,500,000
Net Living Area 3,7303,2354,987
Stories 11.92.75
Sale Price/sft $712.01$656.84$30.91$501.30
Style ColonialColonialCape CodHistorical
Age 1987201219291888
Rooms 107614
Bedrooms 5338
Full baths 2323
Half baths 1110
Gross Living Area 7337596364369324
Heating Fuel Hot WaterForced Air-DucForced Air-DucForced Air-Duc
Detached Garage
Lot Size 0.821.120.840.6
Roof Cover Wood ShingleAsphaltAsphaltAsphalt
AEM Value - Building $1,782,900.00$1,217,100$726,800$1,330,200
AEM Value - Land $627,300.00$536,600$866,200$822,300
AEM Value - Other $0.00$0$0$0
AEM Value - Total $2,410,200.00$1,753,700$1,593,000$2,152,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 New Towne Drive 3/14/2025 $2,999,000 0 Colonial 4,212 0.82 5 2-1 -
  Criteria
A 197 Hersey Street 1/7/2025 $2,450,000 0.6 Colonial 3,730 1.12 3 3-1
B 237 Main Street 4/8/2025 $100,000 0.6 Cape Cod 3,235 0.84 3 2-1
C 173 Main Street 1/8/2025 $2,500,000 0.6 Historical 4,987 0.6 8 3-0
Averages 106 days $1,683,333 0.59 --- 3,984 0.85 --- ---  

Estimation of Market Value - $1,996,496

As of today, 05/23/2025, the estimated market value of 5 New Towne Drive, Hingham considering the above 3 comparable properties is $1,996,496.

 

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 Property22 Crowes Lane3 Del Prete Drive4 Del Prete Drive53 Hersey Street61 Hersey Street5 Del Prete Drive65 Hersey Street67 Hersey Street27 Crowes Lane57 Hersey Street55 Hersey Street7 New Towne Drive7 Del Prete Drive14 Del Prete Drive10 Del Prete Drive12 New Towne Drive28 Crowes Lane3 New Towne Drive9 Del Prete Drive8 Del Prete Drive6 Del Prete Drive15 Del Prete Drive16 Del Prete Drive11 Del Prete Drive18 Del Prete Drive12 Del Prete Drive5 New Towne Drive$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 New Towne Drive 3/14/2025 $2,999,000 0 Colonial 4,212 0.82 5 2-1 -
  Criteria
A 3 New Towne Drive 5/17/2018 $1 0.0 Cape Cod 2,550 0.74 4 3-1
B 12 Del Prete Drive 8/22/2014 $1,500,000 0.0 Colonial 4,084 0.48 5 3-2
C 10 Del Prete Drive 4/7/2022 $1,450,000 0.0 Colonial 2,340 0.46 4 2-1
D 14 Del Prete Drive 6/15/2018 $1,075,000 0.0 Colonial 2,048 0.48 4 2-1
E 6 New Towne Drive 5/11/2018 $835,000 0.0 Ranch 2,202 0.78 3 2-0
F 8 Del Prete Drive 8/6/2024 $1,750,000 0.0 Colonial 2,862 0.47 4 3-1
G 4 New Towne Drive 6/3/2010 $818,300 0.1 Colonial 3,036 0.49 3 2-1
H 7 New Towne Drive 12/23/2003 $1 0.1 Cape Cod 3,018 0.5 6 3-1
I 6 Del Prete Drive 11/30/2009 $845,000 0.1 Colonial 2,604 0.28 4 3-1
J 2 New Towne Drive 4/15/1988 $110,000 0.1 Colonial 4,101 0.46 3 3-1
K 9 Del Prete Drive 10/1/2020 $1,225,000 0.1 Colonial 2,268 0.5 4 2-1
L 77 Hersey Street 1/28/1981 $1 0.1 Conventional 1,538 0.84 2 1-1
M 67 Hersey Street 3/19/2025 $834,000 0.1 Cape Cod 1,523 0.43 3 2-0
N 71 Hersey Street 6/24/2004 $802,000 0.1 Conventional 1,921 0.56 4 3-1
O 11 Del Prete Drive 3/6/2012 $1,250,000 0.1 Colonial 4,278 0.55 5 4-1
P 65 Hersey Street 4/17/2015 $100 0.1 Conventional 1,501 0.48 3 1-1
Q 15 Del Prete Drive 1/28/2020 $1 0.1 Colonial 2,568 0.58 4 2-1
R 4 Del Prete Drive 12/30/1996 $1 0.1 Raised Ranch 1,550 0.24 3 2-0
S 7 Del Prete Drive 10/28/2022 $1,465,000 0.1 Cape Cod 2,174 1.58 3 2-1
T 5 Del Prete Drive 8/31/1984 $100,000 0.1 Raised Ranch 1,092 0.18 3 2-0
U 8 New Towne Drive 5/20/2013 $740,000 0.1 Cape Cod 1,863 1.18 3 3-1
V 10 New Towne Drive 1/30/1987 $320,180 0.1 Colonial 2,752 0.57 4 3-0
W 73 Hersey Street 1/21/2010 $397,000 0.1 Conventional 1,452 0.16 3 2-0
X 85 Hersey Street 7/16/2021 $640,100 0.1 Conventional 1,395 0.5 3 1-0
Y 75 Hersey Street 8/17/2020 $685,000 0.1 Historical 1,636 0.11 3 2-0
Z 12 New Towne Drive 1/17/2006 $965,000 0.1 Colonial 2,624 0.62 4 2-0
- 27 Crowes Lane 9/27/2016 $100 0.1 Bungalow 1,234 0.93 3 1-0
- 3 Del Prete Drive 5/13/2009 $100 0.1 Raised Ranch 1,092 0.2 3 2-0
- 81 Hersey Street 6/18/2021 $1,725,000 0.1 Cape Cod 3,394 0.46 4 2-2
- 89 Hersey Street 1/8/2021 $1 0.1 Conventional 1,474 1.03 2 2-2
- 61 Hersey Street 6/16/1993 $194,500 0.1 Cape Cod 1,224 0.21 2 2-0
- 17 Del Prete Drive 9/27/2024 $2,610,000 0.1 Colonial 3,590 0.53 5 3-1
- 28 Crowes Lane 8/27/2024 $1,445,000 0.1 Cape Cod 2,479 0.29 4 3-0
- 16 Del Prete Drive 4/23/2019 $1 0.1 Colonial 4,226 0.6 5 2-1
- 109-R Hersey Street 6/30/2008 $1 0.1 Outbuildings 7 -
- 93 Hersey Street $1 0.1 Conventional 1,792 0.5 3 1-0
- 57 Hersey Street 4/19/2018 $649,000 0.1 Cape Cod 1,560 0.2 4 2-0
- 19 Del Prete Drive 11/28/2023 $2,510,000 0.1 Colonial 4,178 0.63 5 3-1
- 55 Hersey Street 7/15/2003 $458,000 0.1 Colonial 2,442 0.29 3 2-1
- 97 Hersey Street 2/16/2010 $100 0.1 Duplex 1,604 0.66 4 2-0
- 74 Hersey Street 10/1/2012 $646,000 0.1 Colonial 2,071 0.25 4 3-0
- 18 Del Prete Drive 5/2/2014 $834,000 0.1 Colonial 3,031 0.62 4 3-1
- 70 Hersey Street 4/2/1999 $340,000 0.1 Conventional 2,537 0.44 4 2-1
- 22 Crowes Lane 3/27/2019 $880,000 0.1 Vacant Land 0.31 -
- 53 Hersey Street 5/3/2006 $1 0.1 Cape Cod 1,262 0.18 3 1-1
Averages 4970 days $668,855 0.09 --- 2,226 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
70-0-111 5 New Towne Drive