506 Main Street, Hingham, MA 02043

506 Main Street Hingham MA 02043
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Owner Information
Owner 1
Joseph E Phelan & Aleksandra G
Owner 2
Owner's Address
506 Main Street Hingham, MA 02043
Market Sale Information
Most recent sale date
5/2/2003
Previous sale date
04/30/1999
Transfer document #
25011-0200
Previous transfer document
17405-0157
Grantor
Michael T Heffernan
Previous grantor
Michael T Heffernan
Most recent sale price
$830,000.00
Previous sale price
$1.00
Site Information
Property ID
99-0-93
Lot Size
0.57
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Historical
Number of Rooms
9
Stories
1.75
Number of Beds
3
Year Built
1830
Number of full baths
3
Condition
Number of half baths
0
Finished Area
2652
Number of Kitchen
Gross Living Area
4400
Number of Fireplaces
2
Bsmnt floot
Number of parking
Interior walls
Plaster
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable
Heating type
Oil
Roof Cover
Asphalt
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$495,200.00
Total value
$1,058,100.00
Building value
$562,900.00
Estimated tax
$10,581.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
201420152016201720182019202020212022$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
Subject Property59 Cross Street489 Main Street506 Main Street26 Aberdeen Road17 Mill Lane45 Irving Street413 Main Street8 Village Lane36 Myers Farm Road7 Village Lane189 Hersey Street54 Pleasant Street44 Spring Street237 Main Street$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000$1,800,000Total Assessment ($)Total Assessment
Address 506 Main Street A) 489 Main StreetB) 36 Myers Farm RoadC) 59 Cross StreetD) 413 Main StreetE) 189 Hersey StreetF) 26 Aberdeen RoadG) 54 Pleasant StreetH) 44 Spring StreetI) 237 Main StreetJ) 45 Irving StreetK) 17 Mill LaneL) 8 Village LaneM) 7 Village Lane
Photo
Plan
Map
Proximity 0.10.20.40.40.50.50.70.80.90.90.90.90.9
Last Sold 5/1/20251/29/20251/6/20254/25/20255/12/20256/6/20257/3/20251/17/20254/8/20256/13/20253/7/20253/31/20253/28/2025
Price $996,000$2,000,000$855,800$1,669,000$2,100,000$1,625,000$2,049,000$1,810,000$100,000$1,450,000$1,165,000$1,926,000$1,550,000
Net Living Area 2,4102,8642,0602,3492,8292,5103,2942,8613,2352,9272,2282,6942,398
Stories 1.752121.92221.922.522
Sale Price/sft $312.97$413.28$698.32$415.44$710.52$742.31$647.41$622.04$632.65$30.91$495.39$522.89$714.92$646.37
Style HistoricalHistoricalColonialContemporaryHistoricalConventionalColonialCape CodHistoricalCape CodContemporaryColonialColonialColonial
Age 18301690198519801800201719502004182019291937192019751971
Rooms 91086968810689810
Bedrooms 33434334433344
Full baths 31232222322132
Half baths 01100011011111
Gross Living Area 44003773493843723412592544986018418964363228374846864102
Heating Fuel Forced Air-DucHot WaterHot WaterHot WaterForced Air-DucHot WaterHot WaterForced Air-DucHot WaterForced Air-DucHot WaterForced Air-DucHot WaterHot Water
Detached Garage
Lot Size 0.571.530.490.660.90.620.220.251.480.840.691.190.830.46
Roof Cover AsphaltAsphaltAsphaltAsphaltAsphaltAsphaltAsphaltAsphaltAsphaltAsphaltWood ShingleWood ShingleAsphaltAsphalt
AEM Value - Building $562,900.00$415,600$779,100$507,200$450,000$900,900$578,300$875,500$791,600$726,800$542,200$361,500$558,800$591,400
AEM Value - Land $495,200.00$546,000$507,900$430,700$768,800$501,900$540,600$549,900$653,900$866,200$613,100$780,400$703,000$696,000
AEM Value - Other $0.00$0$0$0$0$0$0$0$0$0$0$0$0$0
AEM Value - Total $1,058,100.00$961,600$1,287,000$937,900$1,218,800$1,402,800$1,118,900$1,425,400$1,445,500$1,593,000$1,155,300$1,141,900$1,261,800$1,287,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 506 Main Street 5/2/2003 $830,000 0 Historical 2,652 0.57 3 3-0 -
  Criteria
A 489 Main Street 5/1/2025 $996,000 0.1 Historical 2,410 1.53 3 1-1
B 36 Myers Farm Road 1/29/2025 $2,000,000 0.2 Colonial 2,864 0.49 4 2-1
C 59 Cross Street 1/6/2025 $855,800 0.4 Contemporary 2,060 0.66 3 3-0
D 413 Main Street 4/25/2025 $1,669,000 0.4 Historical 2,349 0.9 4 2-0
E 189 Hersey Street 5/12/2025 $2,100,000 0.5 Conventional 2,829 0.62 3 2-0
F 26 Aberdeen Road 6/6/2025 $1,625,000 0.5 Colonial 2,510 0.22 3 2-1
G 54 Pleasant Street 7/3/2025 $2,049,000 0.7 Cape Cod 3,294 0.25 4 2-1
H 44 Spring Street 1/17/2025 $1,810,000 0.8 Historical 2,861 1.48 4 3-0
I 237 Main Street 4/8/2025 $100,000 0.9 Cape Cod 3,235 0.84 3 2-1
J 45 Irving Street 6/13/2025 $1,450,000 0.9 Contemporary 2,927 0.69 3 2-1
K 17 Mill Lane 3/7/2025 $1,165,000 0.9 Colonial 2,228 1.19 3 1-1
L 8 Village Lane 3/31/2025 $1,926,000 0.9 Colonial 2,694 0.83 4 3-1
M 7 Village Lane 3/28/2025 $1,550,000 0.9 Colonial 2,398 0.46 4 2-1
Averages 88 days $1,484,292 0.63 --- 2,666 0.78 --- ---  

Estimation of Market Value - $1,366,931

As of today, 07/04/2025, the estimated market value of 506 Main Street, Hingham considering the above 13 comparable properties is $1,366,931.

 

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
Copy to Clipboard
Subject Property22 Merrymount Road7 Merrymount Road14 Marshall Road24 Merrymount Road11 Merrymount Road20 Merrymount Road526 Main Street16 Merrymount Road12 Merrymount Road15 Marshall Road8 Merrymount Road30 Merrymount Road15 Merrymount Road528 Main Street4 Wilder Road508 Main Street518 Main Street530 Main Street21 Merrymount Road506 Main Street3 Wilder Road515 Main Street521 Main Street11 Marshall Road12 Marshall Road514 Main Street507 Main Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 506 Main Street 5/2/2003 $830,000 0 Historical 2,652 0.57 3 3-0 -
  Criteria
A 8 Merrymount Road 6/20/2023 $1,055,000 0.0 Cape Cod 1,614 0.18 3 2-0
B 508 Main Street 5/1/2020 $750,000 0.0 Historical 1,946 0.4 3 2-0
C 502 Main Street 12/12/2024 $830,000 0.0 Historical 1,102 0.21 3 2-0
D 3 Marshall Road 12/19/2022 $717,000 0.0 Ranch 900 0.21 2 2-0
E 504 Main Street 8/12/2003 $1 0.0 Conventional 1,292 0.58 2 1-0
F 12 Merrymount Road 7/31/2023 $1,015,000 0.0 Cape Cod 2,148 0.17 3 2-0
G 5 Marshall Road 7/30/2021 $765,000 0.0 Cape Cod 1,306 0.21 3 1-1
H 498 Main Street 3/6/2009 $515,000 0.0 Multi Family 3,073 0.26 6 4-0
I 7 Merrymount Road 5/17/2016 $100 0.0 Cape Cod 1,580 0.19 3 2-0
J 514 Main Street 11/1/2006 $660,000 0.0 Historical 3,530 0.41 4 3-1
K 7 Marshall Road 4/11/2016 $1 0.0 Ranch 1,311 0.21 3 1-1
L 16 Merrymount Road 5/4/1994 $143,000 0.1 Cape Cod 1,870 0.17 5 3-0
M 11 Merrymount Road 6/2/2015 $1 0.1 Cape Cod 1,593 0.2 3 2-0
N 4 Marshall Road 7/26/2021 $660,000 0.1 Ranch 1,224 0.21 3 1-0
O 6 Marshall Road 6/22/2010 $800,000 0.1 Colonial 2,333 0.2 3 2-1
P 503 Main Street 3/6/2017 $100 0.1 Cape Cod 1,810 0.29 4 2-0
Q 496 Main Street 3/10/1998 $259,000 0.1 Conventional 3,309 0.28 4 2-1
R 20 Merrymount Road 1/18/2006 $1 0.1 Cape Cod 1,666 0.17 3 2-0
S 9 Marshall Road 10/20/2004 $265,000 0.1 Ranch 900 0.2 3 1-0
T 8 Marshall Road 12/11/2019 $530,000 0.1 Ranch 858 0.2 3 1-0
U 518 Main Street 8/15/1975 $35,000 0.1 Historical 1,556 1.06 3 1-1
V 497 Main Street 9/2/2020 $1 0.1 Colonial 1,840 0.32 4 1-1
W 15 Merrymount Road 3/28/2008 $1 0.1 Cape Cod 2,079 0.61 4 3-0
X 4 Wilder Road 9/1/2022 $1,600,000 0.1 Cape Cod 2,109 0.85 4 2-1
Y 486 Main Street 4/1/2019 $1,290,000 0.1 Historical 1,651 0.39 3 1-1
Z 486-A Main Street 7/2/1999 $188,000 0.1 Conventional 894 0.32 2 1-0
- 22 Merrymount Road 6/17/2021 $650,000 0.1 Ranch 905 0.17 2 1-0
- 486-B Main Street 3/28/2011 $260,000 0.1 Ranch 1,135 0.34 2 1-0
- 507 Main Street 12/1/2023 $2,400,000 0.1 Historical 4,541 2.27 5 4-1
- 10 Marshall Road 9/29/2023 $792,500 0.1 Ranch 1,014 0.31 3 1-0
- 515 Main Street 11/14/2017 $1 0.1 Conventional 3,407 1.4 4 3-0
- 21 Merrymount Road 4/15/2009 $582,500 0.1 Cape Cod 2,426 0.57 4 2-1
- 484 Main Street 6/19/2008 $275,000 0.1 Store 1,222 0.13 0 0-
- 526 Main Street 5/2/2018 $1 0.1 Ranch 1,628 0.52 2 1-0
- 11 Marshall Road 3/22/2024 $1,625,000 0.1 Cape Cod 2,127 0.38 3 2-1
- 24 Merrymount Road 7/22/2009 $425,000 0.1 Split-level 1,539 0.18 3 3-0
- 486-R Main Street 11/15/2006 $100,000 0.1 Conventional 3,140 0.6 4 2-0
- 12 Marshall Road 4/26/2018 $520,000 0.1 Ranch 912 0.46 3 1-0
- 480 Main Street 7/26/2021 $10 0.1 Historical 3,420 1.06 4 2-1
- 25 Merrymount Road 7/7/2020 $100 0.1 Cape Cod 2,495 0.41 3 3-0
- 521 Main Street 6/20/2006 $1 0.1 Historical 3,060 1.93 4 2-1
- 528 Main Street 10/24/2018 $1 0.1 Historical 1,785 0.64 3 1-0
- 14 Marshall Road 10/31/2003 $334,000 0.1 Ranch 1,073 0.19 2 2-0
- 530 Main Street 6/16/2008 $535,000 0.1 Contemporary 2,798 0.94 3 2-0
- 495 Main Street 12/9/2021 $1,700,000 0.1 Historical 3,018 1.59 3 2-1
- 489 Main Street 5/1/2025 $996,000 0.1 Historical 2,410 1.53 3 1-1
- 499 Main Street 1/19/1999 $283,000 0.1 Cape Cod 3,476 2.22 3 2-0
- 3 Wilder Road 11/21/2016 $609,375 0.1 Conventional 3,060 0.33 5 3-1
- 30 Merrymount Road 6/25/2021 $1,006,000 0.1 Colonial 2,223 0.28 5 1-1
- 15 Marshall Road 5/16/2018 $100 0.1 Colonial 1,872 0.2 4 2-0
- 485 Main Street 1/31/2022 $1,075,000 0.1 Ranch 2,074 0.68 3 2-0
- 7 Fairview Street 9/24/2024 $1,408,000 0.1 Colonial 2,341 0.27 3 2-1
- 9 Fairview Street 8/23/2013 $503,000 0.1 Ranch 1,447 0.26 3 1-0
Averages 4082 days $531,260 0.08 --- 2,001 0.54 --- ---  
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
99-0-93 506 Main Street