8 New Towne Drive, Hingham, MA 02043

8 New Towne Drive Hingham MA 02043
Owner Information
Owner 1
Kevin Murphy & Erica
Owner 2
Owner's Address
8 New Towne Drive Hingham, MA 02043
Market Sale Information
Most recent sale date
5/20/2013
Previous sale date
10/15/1987
Transfer document #
43086-0195
Previous transfer document
8066-0236
Grantor
Gary P Wilson
Previous grantor
Most recent sale price
$740,000.00
Previous sale price
$222,900.00
Site Information
Property ID
79-0-22
Lot Size
1.18
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Cape Cod
Number of Rooms
7
Stories
1.75
Number of Beds
3
Year Built
1987
Number of full baths
3
Condition
Number of half baths
1
Finished Area
1863
Number of Kitchen
Gross Living Area
3848
Number of Fireplaces
1
Bsmnt floot
Number of parking
Interior walls
Plaster
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
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$645,600.00
Total value
$1,075,800.00
Building value
$430,200.00
Estimated tax
$10,758.00
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 8 New Towne Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $397.21 Style Cape Cod Age 1987 Rooms 7 Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area 3848 Heating Fuel Hot Water Detached Garage Lot Size 1.18 Roof Cover Wood Shingle AEM Value - Building $430,200.00 AEM Value - Land $645,600.00 AEM Value - Other $0.00 AEM Value - Total $1,075,800.00
A) 5 Maple Street 0.3 9/24/2024 $1,250,000 1,562 2 $800.26 Colonial 1930 7 3 1 1 2465 Hot Water 0.1 Asphalt $241,400 $387,200 $0 $628,600
B) 47 Elm Street 0.4 12/16/2024 $1,750,000 1,600 1.75 $1093.75 Conventional 1836 7 4 2 0 3079 Hot Water 0.27 Asphalt $222,000 $667,100 $0 $889,100
C) 40 Elm Street 0.4 9/23/2024 $2,100,000 2,318 2 $905.95 Colonial 1905 9 4 2 1 4893 Forced Air-Duc 0.28 Asphalt $666,200 $668,200 $0 $1,334,400
D) 126 South Street 0.4 12/3/2024 $1,375,000 2,328 1.9 $590.64 Historical 1752 8 4 2 1 3442 Forced Air-Duc 0.22 Wood Shingle $579,600 $427,000 $0 $1,006,600
E) 20 West Street 0.5 8/30/2024 $1,300,000 2,016 2 $644.84 Historical 1860 8 4 1 1 2724 Hot Water 0.31 Asphalt $405,200 $394,500 $0 $799,700
F) 3 Home Meadows Lane 0.7 12/19/2024 $3,200,000 2,285 1.75 $1400.44 Historical 1850 9 3 2 1 5432 Hot Water 0.58 Asphalt $491,300 $594,600 $0 $1,085,900
G) 20 Water Street 0.7 12/31/2024 $1,290,000 1,574 1.9 $819.57 Conventional 1927 6 3 1 1 2178 Hot Water 0.16 Asphalt $423,800 $503,600 $0 $927,400
H) 19 Water Street 0.8 1/10/2025 $1,725,000 2,290 2.5 $753.28 Historical 1855 9 5 2 1 4388 Forced Air-Duc 1.3 Asphalt $504,100 $648,900 $0 $1,153,000
I) 193 New Bridge Street 0.8 7/29/2024 $1,060,000 2,234 1.75 $474.49 Conventional 1900 7 3 2 0 4404 Hot Water 0.46 Asphalt $408,400 $456,200 $0 $864,600
J) 130 Lincoln Street 0.9 8/29/2024 $1,097,000 2,104 1.75 $521.39 Cape Cod 1955 6 3 2 1 3732 Hot Water 0.69 Asphalt $388,100 $533,400 $0 $921,500
K) 42 Bradley Park Drive 0.9 12/31/2024 $1,205,000 2,244 1.75 $536.99 Cape Cod 1959 8 4 2 1 4600 Forced Air-Duc 0.24 Asphalt $334,400 $548,600 $0 $883,000
L) 171 Fort Hill Street 0.9 11/22/2024 $710,000 1,753 1.5 $405.02 Conventional 1870 12 6 2 0 3707 Forced Air-Duc 0.46 Asphalt $284,400 $312,300 $0 $596,700
M) 6 Colby Street 0.9 9/19/2024 $1,200,000 1,470 1.75 $816.33 Cape Cod 1961 7 3 2 0 3120 Hot Water 0.21 Asphalt $391,600 $443,700 $0 $835,300
N) 59 Bradley Hill Road 0.9 9/16/2024 $1,959,000 2,328 1.75 $841.49 Cape Cod 1958 8 4 3 0 5509 Forced Air-Duc 0.7 Asphalt $525,100 $614,300 $0 $1,139,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 New Towne Drive 5/20/2013 $740,000 0 Cape Cod 1,863 1.18 3 3-1 -
  Criteria
A 5 Maple Street 9/24/2024 $1,250,000 0.3 Colonial 1,562 0.1 3 1-1
B 47 Elm Street 12/16/2024 $1,750,000 0.4 Conventional 1,600 0.27 4 2-0
C 40 Elm Street 9/23/2024 $2,100,000 0.4 Colonial 2,318 0.28 4 2-1
D 126 South Street 12/3/2024 $1,375,000 0.4 Historical 2,328 0.22 4 2-1
E 20 West Street 8/30/2024 $1,300,000 0.5 Historical 2,016 0.31 4 1-1
F 3 Home Meadows Lane 12/19/2024 $3,200,000 0.7 Historical 2,285 0.58 3 2-1
G 20 Water Street 12/31/2024 $1,290,000 0.7 Conventional 1,574 0.16 3 1-1
H 19 Water Street 1/10/2025 $1,725,000 0.8 Historical 2,290 1.3 5 2-1
I 193 New Bridge Street 7/29/2024 $1,060,000 0.8 Conventional 2,234 0.46 3 2-0
J 130 Lincoln Street 8/29/2024 $1,097,000 0.9 Cape Cod 2,104 0.69 3 2-1
K 42 Bradley Park Drive 12/31/2024 $1,205,000 0.9 Cape Cod 2,244 0.24 4 2-1
L 171 Fort Hill Street 11/22/2024 $710,000 0.9 Conventional 1,753 0.46 6 2-0
M 6 Colby Street 9/19/2024 $1,200,000 0.9 Cape Cod 1,470 0.21 3 2-0
N 59 Bradley Hill Road 9/16/2024 $1,959,000 0.9 Cape Cod 2,328 0.7 4 3-0
Averages 83 days $1,515,786 0.68 --- 2,008 0.43 --- ---  

Estimation of Market Value - $1,576,993

As of today, 01/18/2025, the estimated market value of 8 New Towne Drive, Hingham considering the above 14 comparable properties is $1,576,993.

 

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
@ 8 New Towne Drive 5/20/2013 $740,000 0 Cape Cod 1,863 1.18 3 3-1 -
  Criteria
A 10 New Towne Drive 1/30/1987 $320,180 0.0 Colonial 2,752 0.57 4 3-0
B 7 New Towne Drive 12/23/2003 $1 0.0 Cape Cod 3,018 0.5 6 3-1
C 12 New Towne Drive 1/17/2006 $965,000 0.1 Colonial 2,624 0.62 4 2-0
D 109-R Hersey Street 6/30/2008 $1 0.1 Outbuildings 7 -
E 6 New Towne Drive 5/11/2018 $835,000 0.1 Ranch 2,202 0.78 3 2-0
F 14 Del Prete Drive 6/15/2018 $1,075,000 0.1 Colonial 2,048 0.48 4 2-1
G 16 Del Prete Drive 4/23/2019 $1 0.1 Colonial 4,226 0.6 5 2-1
H 12 Del Prete Drive 8/22/2014 $1,500,000 0.1 Colonial 4,084 0.48 5 3-2
I 5 New Towne Drive 4/12/2021 $2,475,000 0.1 Colonial 4,212 0.82 5 2-1
J 15 Del Prete Drive 1/28/2020 $1 0.1 Colonial 2,568 0.58 4 2-1
K 18 Del Prete Drive 5/2/2014 $834,000 0.1 Colonial 3,031 0.62 4 3-1
L 4 New Towne Drive 6/3/2010 $818,300 0.1 Colonial 3,036 0.49 3 2-1
M 10 Del Prete Drive 4/7/2022 $1,450,000 0.1 Colonial 2,340 0.46 4 2-1
N 15 Lewis Court 3/27/2018 $1 0.1 Conventional 3,683 1.36 4 3-0
O 11 Del Prete Drive 3/6/2012 $1,250,000 0.1 Colonial 4,278 0.55 5 4-1
P 3 New Towne Drive 5/17/2018 $1 0.1 Cape Cod 2,550 0.74 4 3-1
Q 17 Del Prete Drive 9/27/2024 $2,610,000 0.1 Colonial 3,590 0.53 5 3-1
R 11 Lewis Court 8/17/2021 $950,000 0.1 Conventional 799 0.31 2 1-0
S 9 Del Prete Drive 10/1/2020 $1,225,000 0.1 Colonial 2,268 0.5 4 2-1
T 2 New Towne Drive 4/15/1988 $110,000 0.1 Colonial 4,101 0.46 3 3-1
U 20 Del Prete Drive 9/3/2008 $965,000 0.1 Colonial 2,572 0.75 5 2-1
Averages 4322 days $827,737 0.09 --- 2,856 0.91 --- ---  
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
79-0-22 8 New Towne Drive