7 Sherman Way, Hingham, MA 02043

Owner Information
Owner 1
Randy Bern
Owner 2
Jennifer Bern
Owner's Address
7 Sherman Way Hingham, 02043
Market Sale Information
Most recent sale date
12/15/2022
Previous sale date
6/24/1997
Transfer document #
57514-218
Previous transfer document
15269-0148
Grantor
William B Powers
Previous grantor
Poquoy Brook Realty Trust
Most recent sale price
$1,475,000.00
Previous sale price
$387,456.00
Site Information
Property ID
87-0-55
Lot Size
0.72
Use Code
101 - Residential, single family
Zoning
00
Building Style
Colonial
Number of Rooms
7
Stories
2
Number of Beds
3
Year Built
1997
Number of full baths
2
Condition
Number of half baths
1
Finished Area
2496
Number of Kitchen
Gross Living Area
6558
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
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$616,400.00
Total value
$1,319,200.00
Building value
$702,800.00
Estimated tax
$13,192.00
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 7 Sherman Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $590.95 Style Colonial Age 1997 Rooms 7 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 6558 Heating Fuel Hot Water Detached Garage Lot Size 0.72 Roof Cover Asphalt AEM Value - Building $702,800.00 AEM Value - Land $616,400.00 AEM Value - Other $0.00 AEM Value - Total $1,319,200.00
A) 104 Manatee Road 0.5 8/19/2024 $1,525,000 2,560 2 $595.70 Colonial 1979 9 4 3 0 5387 Hot Water 0.52 Asphalt $575,400 $488,000 $0 $1,063,400
B) 20 West Street 0.7 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
C) 193 New Bridge Street 0.9 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
D) 5 Smith Way 0.9 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
E) 8 Del Prete Drive 1.0 8/6/2024 $1,750,000 2,862 2.75 $611.46 Colonial 1987 9 4 3 1 4701 Hot Water 0.47 Asphalt $783,400 $577,100 $0 $1,360,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 7 Sherman Way 12/15/2022 $1,475,000 0 Colonial 2,496 0.72 3 2-1 -
  Criteria
A 104 Manatee Road 8/19/2024 $1,525,000 0.5 Colonial 2,560 0.52 4 3-0
B 20 West Street 8/30/2024 $1,300,000 0.7 Historical 2,016 0.31 4 1-1
C 193 New Bridge Street 7/29/2024 $1,060,000 0.9 Conventional 2,234 0.46 3 2-0
D 5 Smith Way 9/27/2024 $1,650,000 0.9 Conventional 3,022 0.52 3 3-1
E 8 Del Prete Drive 8/6/2024 $1,750,000 1.0 Colonial 2,862 0.47 4 3-1
Averages 150 days $1,457,000 0.82 --- 2,539 0.46 --- ---  

Estimation of Market Value - $1,597,920

As of today, 01/18/2025, the estimated market value of 7 Sherman Way, Hingham considering the above 5 comparable properties is $1,597,920.

 

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
@ 7 Sherman Way 12/15/2022 $1,475,000 0 Colonial 2,496 0.72 3 2-1 -
  Criteria
A 5 Sherman Way 9/15/2021 $1,775,000 0.0 Colonial 3,784 0.47 4 2-1
B 6 Dwiggins Path 4/26/2013 $905,000 0.0 Colonial 3,201 0.53 4 3-2
C 8 Sherman Way 8/16/2004 $914,000 0.0 Colonial 2,986 0.71 4 2-1
D 8 Dwiggins Path 7/6/1994 $135,000 0.0 Colonial 3,038 0.67 4 3-1
E 4 Dwiggins Path 7/19/1994 $150,000 0.0 Colonial 4,449 0.63 5 2-1
F 5 Isaac Sprague Drive 4/30/2015 $1,107,500 0.0 Colonial 3,128 0.92 4 2-1
G 3 Sherman Way 11/19/1998 $450,000 0.0 Colonial 3,652 0.46 4 2-1
H 7 Isaac Sprague Drive 7/9/2002 $990,000 0.1 Colonial 3,799 0.93 4 2-1
I 165 Fort Hill Street 9/12/2023 $1,351,000 0.1 Colonial 3,348 0.73 4 3-1
J 3 Isaac Sprague Drive 9/16/2015 $1 0.1 Colonial 3,970 0.94 4 3-0
K 161 Fort Hill Street 8/15/1994 $170,000 0.1 Bungalow 1,458 0.47 3 1-0
L 6 Sherman Way 5/24/2021 $1 0.1 Colonial 2,406 0.53 4 2-1
M 171 Fort Hill Street 11/22/2024 $710,000 0.1 Conventional 1,753 0.46 6 2-0
N 3 Dwiggins Path 6/23/2011 $1,100,000 0.1 Colonial 3,787 0.61 4 2-1
O 1 Sherman Way 10/26/2020 $1,299,000 0.1 Colonial 3,136 0.46 4 2-1
P 1 Dwiggins Path 9/8/1995 $479,000 0.1 Colonial 3,828 0.57 5 4-2
Q 2 Isaac Sprague Drive 12/29/2021 $1,975,000 0.1 Colonial 3,196 1.16 4 2-1
R 5 Dwiggins Path 7/29/2004 $1,110,000 0.1 Colonial 3,711 0.96 4 3-2
S 175 Fort Hill Street 4/29/2013 $388,000 0.1 Cape Cod 1,318 0.46 3 2-0
T 7 Dwiggins Path 1/30/2018 $1,469,000 0.1 Colonial 5,668 0.96 4 5-0
U 4 Sherman Way 9/3/2008 $787,500 0.1 Colonial 3,127 0.95 4 2-1
V 143 Fort Hill Street 8/26/2021 $772,000 0.1 Conventional 1,578 0.46 3 2-1
W 9 Isaac Sprague Drive 2/4/2011 $1,080,000 0.1 Colonial 3,552 1.04 4 3-1
X 156 Fort Hill Street 1/17/2008 $306,000 0.1 Conventional 1,214 0.24 2 1-0
Y 1 Isaac Sprague Drive 9/13/2021 $1 0.1 Colonial 4,289 0.92 3 2-1
Z 141 Fort Hill Street 6/28/1996 $165,500 0.1 Colonial 5,264 0.57 4 2-2
- 4 Isaac Sprague Drive 4/26/1993 $135,000 0.1 Colonial 4,159 0.92 3 2-1
- 2 Sherman Way 1/16/1998 $447,390 0.1 Colonial 3,082 0.46 3 2-1
- 164 Fort Hill Street 8/30/2017 $619,000 0.1 Historical 1,931 0.9 3 2-1
- 168 Fort Hill Street 5/8/2002 $1 0.1 Ranch 1,432 0.63 3 1-0
- 181 Fort Hill Street 7/23/1997 $1 0.1 Duplex 2,446 0.51 5 2-0
- 11 Isaac Sprague Drive 8/31/2015 $1,656,000 0.1 Colonial 4,426 0.92 4 4-0
- 146 Fort Hill Street 4/24/2017 $839,000 0.1 Historical 2,469 1.1 3 3-0
- 137 Fort Hill Street 5/25/2022 $940,000 0.1 Historical 1,997 0.43 4 2-1
Averages 5458 days $712,497 0.08 --- 3,135 0.7 --- ---  
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
87-0-55 7 Sherman Way