7 Spring Lane, Hingham, MA 02043

7 Spring Lane Hingham MA 02043
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Owner Information
Owner 1
Roy W Gillig & Pamela
Owner 2
Owner's Address
7 Spring Lane Hingham, MA 02043
Market Sale Information
Most recent sale date
1/23/1998
Previous sale date
01/01/1900
Transfer document #
15827-0318
Previous transfer document
0000-0000
Grantor
Thomas F Yan
Previous grantor
Most recent sale price
$366,000.00
Previous sale price
$0.00
Site Information
Property ID
82-0-54
Lot Size
1.95
Use Code
101 - Residential, single family
Zoning
00
Building Style
Cape Cod
Number of Rooms
10
Stories
1.75
Number of Beds
5
Year Built
1966
Number of full baths
3
Condition
Number of half baths
2
Finished Area
3625
Number of Kitchen
Gross Living Area
8713
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
Asphalt
Heating fuel
Hot Water
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$555,700.00
Total value
$1,342,800.00
Building value
$787,100.00
Estimated tax
$13,428.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 7 Spring Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $100.97 Style Cape Cod Age 1966 Rooms 10 Bedrooms 5 Full baths 3 Half baths 2 Gross Living Area 8713 Heating Fuel Hot Water Detached Garage Lot Size 1.95 Roof Cover Asphalt AEM Value - Building $787,100.00 AEM Value - Land $555,700.00 AEM Value - Other $0.00 AEM Value - Total $1,342,800.00
A) 8 Rockwood Road 0.3 9/13/2024 $1,750,000 4,061 1.9 $430.93 Colonial 1950 12 4 3 1 6202 Hot Water 0.87 Wood Shingle $880,900 $500,800 $0 $1,381,700
B) 197 Hersey Street 0.8 1/7/2025 $2,450,000 3,730 1 $656.84 Colonial 2012 7 3 3 1 5963 Forced Air-Duc 1.12 Asphalt $1,217,100 $536,600 $0 $1,753,700
C) 39 Elm Street 0.9 8/9/2024 $1,850,000 3,198 2 $578.49 Conventional 1900 11 4 2 1 4644 Hot Water 0.22 Asphalt $745,000 $656,900 $0 $1,401,900
D) 5 Smith Way 1.0 9/27/2024 $1,650,000 3,022 2 $546.00 Conventional 1950 7 3 3 1 6126 Forced Air-Duc 0.52 Asphalt $898,400 $463,300 $0 $1,361,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Spring Lane 1/23/1998 $366,000 0 Cape Cod 3,625 1.95 5 3-2 -
  Criteria
A 8 Rockwood Road 9/13/2024 $1,750,000 0.3 Colonial 4,061 0.87 4 3-1
B 197 Hersey Street 1/7/2025 $2,450,000 0.8 Colonial 3,730 1.12 3 3-1
C 39 Elm Street 8/9/2024 $1,850,000 0.9 Conventional 3,198 0.22 4 2-1
D 5 Smith Way 9/27/2024 $1,650,000 1.0 Conventional 3,022 0.52 3 3-1
Averages 104 days $1,925,000 0.74 --- 3,503 0.68 --- ---  

Estimation of Market Value - $1,872,475

As of today, 01/18/2025, the estimated market value of 7 Spring Lane, Hingham considering the above 4 comparable properties is $1,872,475.

 

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
Mailing Labels
  • 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
@ 7 Spring Lane 1/23/1998 $366,000 0 Cape Cod 3,625 1.95 5 3-2 -
  Criteria
A 26 Spring Street 10/25/2002 $425,000 0.0 Cape Cod 1,420 0.29 2 1-0
B 7 Village Lane 8/1/2018 $1,164,150 0.0 Colonial 2,398 0.46 4 2-1
C 6 Spring Lane 11/30/2012 $1 0.0 Colonial 1,940 0.29 3 2-0
D 9 Village Lane 9/30/2021 $1,495,000 0.0 Colonial 3,087 0.46 4 3-1
E 3 Spring Lane 7/14/1995 $227,500 0.0 Cape Cod 1,926 0.34 3 1-1
F 11 Village Lane 8/18/2008 $75,000 0.0 Colonial 2,112 0.52 4 2-1
G 15 Village Lane 10/2/2002 $1 0.1 Colonial 3,836 0.56 5 4-1
H 4 Spring Lane 5/1/1984 $71,000 0.1 Ranch 850 0.29 3 1-0
I 5 Village Lane 10/31/2012 $912,400 0.1 Colonial 2,448 0.46 4 2-1
J 0-R Leavitt Street 10/8/2002 $476,000 0.1 Vacant Land 0.55 -
K 67 Leavitt Street 12/22/1997 $232,400 0.1 Cape Cod 1,040 1.55 2 1-0
L 30 Spring Street 8/15/2013 $1,225,000 0.1 Historical 4,182 0.55 4 3-1
M 5 Spring Lane 8/24/2021 $1,220,000 0.1 Colonial 4,115 0.32 4 3-1
N 36 Spring Street 7/31/2023 $1,625,000 0.1 Conventional 2,535 0.9 4 2-1
O 20 Spring Street 12/17/2012 $100 0.1 Ranch 1,340 0.29 3 2-0
P 14 Spring Street 10/30/2024 $875,000 0.1 Cape Cod 1,494 0.51 4 2-0
Q 6 Village Lane 12/5/2024 $1,555,000 0.1 Colonial 2,122 0.74 4 1-1
R 8 Village Lane 6/13/2005 $745,000 0.1 Colonial 2,694 0.83 4 3-1
S 10 Spring Street 7/29/1994 $129,000 0.1 Cape Cod 1,767 0.51 1 1-1
T 14 Village Lane 7/28/2016 $1,056,000 0.1 Colonial 3,240 0.47 4 2-1
U 12 Village Lane 7/28/2017 $997,000 0.1 Colonial 2,546 0.5 4 2-1
V 16 Village Lane 8/4/2023 $1,600,000 0.1 Colonial 2,478 0.73 4 2-1
W 73 Leavitt Street 10/2/2020 $100 0.1 Historical 7,521 1.46 5 6-1
X 3 Village Lane 4/6/2022 $1 0.1 Colonial 1,980 0.5 4 2-1
Y 61 Leavitt Street 12/30/1993 $335,000 0.1 Historical 3,426 0.8 4 2-2
Z 40 Spring Street 4/14/2023 $3,317,000 0.1 Historical 3,239 0.84 3 3-1
- 57 Leavitt Street 10/8/2002 $476,000 0.1 Historical 1,336 0.54 3 1-0
- 10 Village Lane 4/30/2021 $1,350,000 0.1 Colonial 2,804 2.13 4 4-0
- 0 Spring Street $1 0.1 Vacant Land 0.59 -
- 51 Leavitt Street 7/24/2012 $1,575,000 0.1 Conventional 3,975 0.72 6 4-2
- 87 Leavitt Street 1/15/1962 $1 0.1 Vacant Land 1.2 -
- 44 Spring Street 5/7/2021 $100 0.1 Historical 2,861 1.48 4 3-0
- 77 Leavitt Street 8/31/2012 $615,025 0.1 Cape Cod 3,372 0.38 4 3-1
- 10 Riverview Road 1/30/1996 $166,000 0.1 Ranch 1,272 0.41 3 1-0
- 43 Leavitt Street 5/24/2017 $776,000 0.1 Historical 2,623 0.37 3 1-1
- 8 Riverview Road 7/1/1993 $169,000 0.1 Colonial 3,340 0.35 3 2-1
- 41 Leavitt Street 3/21/2018 $1 0.1 Conventional 2,079 0.31 4 2-1
- 50 School Street 5/11/2020 $1 0.1 Conventional 1,673 0.97 1 2-0
Averages 5411 days $654,863 0.08 --- 2,397 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
82-0-54 7 Spring Lane