497 Main Street, Hingham, MA 02043

497 Main Street Hingham MA 02043
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Owner Information
Owner 1
Katherine M Cushing
Owner 2
Owner's Address
497 Main Street Hingham, MA 02043
Market Sale Information
Most recent sale date
9/2/2020
Previous sale date
09/17/1987
Transfer document #
53373-45
Previous transfer document
0000-0000
Grantor
Catherine M Cushing
Previous grantor
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
99-0-97
Lot Size
0.32
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Colonial
Number of Rooms
8
Stories
2
Number of Beds
4
Year Built
1938
Number of full baths
1
Condition
Number of half baths
1
Finished Area
1840
Number of Kitchen
Gross Living Area
3694
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
$465,400.00
Total value
$825,200.00
Building value
$359,800.00
Estimated tax
$8,252.00
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 497 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1938 Rooms 8 Bedrooms 4 Full baths 1 Half baths 1 Gross Living Area 3694 Heating Fuel Hot Water Detached Garage Lot Size 0.32 Roof Cover Asphalt AEM Value - Building $359,800.00 AEM Value - Land $465,400.00 AEM Value - Other $0.00 AEM Value - Total $825,200.00
A) 6 Colby Street 0.2 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
B) 12 Tower Brook Road 0.2 10/3/2024 $500,000 1,402 1 $356.63 Ranch 1982 6 3 1 1 2898 Forced Air-Duc 0.48 Asphalt $262,700 $410,300 $0 $673,000
C) 59 Cross Street 0.3 1/6/2025 $855,800 2,060 1 $415.44 Contemporary 1980 6 3 3 0 4372 Hot Water 0.66 Asphalt $507,200 $430,700 $0 $937,900
D) 33 Smith Road 0.4 9/20/2024 $1,700,000 1,387 1.75 $1225.67 Cape Cod 1940 6 3 2 0 2856 Hot Water 0.29 Asphalt $206,300 $462,700 $0 $669,000
E) 193 New Bridge Street 0.5 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
F) 15 South Bradford Road 0.6 10/24/2024 $1,875,000 2,124 2 $882.77 Colonial 1966 8 4 1 2 3885 Hot Water 0.78 Asphalt $449,700 $441,200 $0 $890,900
G) 15 Union Street 0.6 7/19/2024 $2,175,000 1,395 1 $1559.14 Ranch 1930 5 3 1 1 3646 Hot Water 0.3 Asphalt $549,200 $463,700 $0 $1,012,900
H) 6 Grist Mill Lane 0.9 11/26/2024 $1,500,000 2,033 2 $737.83 Contemporary 1974 9 4 3 1 5161 Hot Water 0.89 Wood Shingle $464,000 $635,000 $0 $1,099,000
I) 14 Spring Street 0.9 10/30/2024 $875,000 1,494 1.75 $585.68 Cape Cod 1955 7 4 2 0 3188 Forced Air-Duc 0.51 Asphalt $240,000 $584,700 $0 $824,700
J) 6 Village Lane 1.0 12/5/2024 $1,555,000 2,122 2 $732.80 Colonial 1974 8 4 1 1 3586 Hot Water 0.74 Asphalt $325,100 $747,200 $0 $1,072,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 497 Main Street 9/2/2020 $1 0 Colonial 1,840 0.32 4 1-1 -
  Criteria
A 6 Colby Street 9/19/2024 $1,200,000 0.2 Cape Cod 1,470 0.21 3 2-0
B 12 Tower Brook Road 10/3/2024 $500,000 0.2 Ranch 1,402 0.48 3 1-1
C 59 Cross Street 1/6/2025 $855,800 0.3 Contemporary 2,060 0.66 3 3-0
D 33 Smith Road 9/20/2024 $1,700,000 0.4 Cape Cod 1,387 0.29 3 2-0
E 193 New Bridge Street 7/29/2024 $1,060,000 0.5 Conventional 2,234 0.46 3 2-0
F 15 South Bradford Road 10/24/2024 $1,875,000 0.6 Colonial 2,124 0.78 4 1-2
G 15 Union Street 7/19/2024 $2,175,000 0.6 Ranch 1,395 0.3 3 1-1
H 6 Grist Mill Lane 11/26/2024 $1,500,000 0.9 Contemporary 2,033 0.89 4 3-1
I 14 Spring Street 10/30/2024 $875,000 0.9 Cape Cod 1,494 0.51 4 2-0
J 6 Village Lane 12/5/2024 $1,555,000 1.0 Colonial 2,122 0.74 4 1-1
Averages 98 days $1,329,580 0.57 --- 1,772 0.53 --- ---  

Estimation of Market Value - $1,308,066

As of today, 01/18/2025, the estimated market value of 497 Main Street, Hingham considering the above 10 comparable properties is $1,308,066.

 

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
@ 497 Main Street 9/2/2020 $1 0 Colonial 1,840 0.32 4 1-1 -
  Criteria
A 503 Main Street 3/6/2017 $100 0.0 Cape Cod 1,810 0.29 4 2-0
B 498 Main Street 3/6/2009 $515,000 0.0 Multi Family 3,073 0.26 6 4-0
C 495 Main Street 12/9/2021 $1,700,000 0.0 Historical 3,018 1.59 3 2-1
D 496 Main Street 3/10/1998 $259,000 0.0 Conventional 3,309 0.28 4 2-1
E 489 Main Street 12/30/2015 $520,000 0.0 Historical 2,410 1.53 3 1-1
F 502 Main Street 12/12/2024 $830,000 0.0 Historical 1,102 0.21 3 2-0
G 507 Main Street 12/1/2023 $2,400,000 0.1 Historical 4,541 2.27 5 4-1
H 486 Main Street 4/1/2019 $1,290,000 0.1 Historical 1,651 0.39 3 1-1
I 499 Main Street 1/19/1999 $283,000 0.1 Cape Cod 3,476 2.22 3 2-0
J 485 Main Street 1/31/2022 $1,075,000 0.1 Ranch 2,074 0.68 3 2-0
K 3 Marshall Road 12/19/2022 $717,000 0.1 Ranch 900 0.21 2 2-0
L 4 Marshall Road 7/26/2021 $660,000 0.1 Ranch 1,224 0.21 3 1-0
M 484 Main Street 6/19/2008 $275,000 0.1 Store 1,222 0.13 0 0-
N 506 Main Street 5/2/2003 $830,000 0.1 Historical 2,652 0.57 3 3-0
O 508 Main Street 5/1/2020 $750,000 0.1 Historical 1,946 0.4 3 2-0
P 486-A Main Street 7/2/1999 $188,000 0.1 Conventional 894 0.32 2 1-0
Q 5 Marshall Road 7/30/2021 $765,000 0.1 Cape Cod 1,306 0.21 3 1-1
R 6 Marshall Road 6/22/2010 $800,000 0.1 Colonial 2,333 0.2 3 2-1
S 479 Main Street 1/16/2019 $765,000 0.1 Historical 2,239 1.91 4 2-0
T 515 Main Street 11/14/2017 $1 0.1 Conventional 3,407 1.4 4 3-0
U 8 Merrymount Road 6/20/2023 $1,055,000 0.1 Cape Cod 1,614 0.18 3 2-0
V 480 Main Street 7/26/2021 $10 0.1 Historical 3,420 1.06 4 2-1
W 486-B Main Street 3/28/2011 $260,000 0.1 Ranch 1,135 0.34 2 1-0
X 504 Main Street 8/12/2003 $1 0.1 Conventional 1,292 0.58 2 1-0
Y 476 Main Street 8/30/1994 $327,500 0.1 Historical 2,387 0.36 4 2-0
Z 514 Main Street 11/1/2006 $660,000 0.1 Historical 3,530 0.41 4 3-1
- 7 Marshall Road 4/11/2016 $1 0.1 Ranch 1,311 0.21 3 1-1
- 12 Merrymount Road 7/31/2023 $1,015,000 0.1 Cape Cod 2,148 0.17 3 2-0
- 8 Marshall Road 12/11/2019 $530,000 0.1 Ranch 858 0.2 3 1-0
- 33 Myers Farm Road 9/24/2021 $1,625,000 0.1 Colonial 3,100 1.12 4 2-1
- 475 Main Street 7/12/2018 $640,000 0.1 Ranch 1,484 0.7 3 2-1
- 7 Fairview Street 9/24/2024 $1,408,000 0.1 Colonial 2,341 0.27 3 2-1
- 7 Merrymount Road 5/17/2016 $100 0.1 Cape Cod 1,580 0.19 3 2-0
- 31 Myers Farm Road 6/14/2012 $1 0.1 Colonial 2,722 0.92 4 3-0
- 9 Fairview Street 8/23/2013 $503,000 0.1 Ranch 1,447 0.26 3 1-0
- 9 Marshall Road 10/20/2004 $265,000 0.1 Ranch 900 0.2 3 1-0
- 521 Main Street 6/20/2006 $1 0.1 Historical 3,060 1.93 4 2-1
- 486-R Main Street 11/15/2006 $100,000 0.1 Conventional 3,140 0.6 4 2-0
- 11 Merrymount Road 6/2/2015 $1 0.1 Cape Cod 1,593 0.2 3 2-0
- 16 Merrymount Road 5/4/1994 $143,000 0.1 Cape Cod 1,870 0.17 5 3-0
- 10 Marshall Road 9/29/2023 $792,500 0.1 Ranch 1,014 0.31 3 1-0
- 64 Hobart Street 8/22/2018 $1,055,000 0.1 Conventional 3,111 1.47 4 4-0
Averages 3969 days $595,267 0.09 --- 2,134 0.65 --- ---  
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
99-0-97 497 Main Street