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1 Sherman Way

1 Sherman Way, Hingham, MA 02043
Property in Hingham
Sold Oct 26, 2020
$1,299,000
$925,000 by Leader Bank Na
Mortgage Due Oct 26, 2050
Sold Jul 11, 2014
$100,000
$800,000 by Harborone Bank
Mortgage Due Jul 11, 2044
Local assessors in Hingham, MA have categorized 1 Sherman Way as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 20,012 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1 Sherman Way has a total of 3,136 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 872 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete control joints. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1 Sherman Way sold most recently in Oct 19, 2020 for a total of $1,299,000. If you work out the math, that's approximately a cost of $414.22 per sqft. Before that, the property was also sold for $100,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,647 in taxes each year. 1 Sherman Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,464,700. If we break it down further, the land itself was valued at $576,000. Improvements to the property, however, were assessed at a total of $888,700. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Waterfront

Beach Front

Parking

Attached Garage
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Concrete
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 872
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,012
  • Total Building Area: 3,136
  • Gross Building Area: 5,312
  • Building Area: 3,136
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,136
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : REED-SUTCLIFFE DEVIN
  • Current Owner 2: SUTELIFFE HEIDI
  • Previous Owner : MACDONALD RICHARD J
  • Previous Owner 2: MACDONALD TAMARA C
  • Owner Before Previous Owner: SUTTON MICHAEL
  • Owner Before Previous Owner 2: SUTTON KATHLEEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hingham School District
  • School Tax School District: HINGHAM SD
  • Census Tract: 501102

Geography

  • Account Number: 1310860000000080
  • Parcel: HING M:86 B:0 L:8
  • Lot: 8
  • Municipality: HINGHAM
  • Latitude: 42.2282
  • Longitude: -70.9112

    Address

  • Full Address: 1 Sherman Way
  • Address - House Number: 1
  • Address - Street Name: Sherman
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Hingham
  • Carrier Code: C016
  • 4-Digit Zip Code: 2677
  • Zip Code: 02043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,647

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,798,496
  • High Value: 2,096,166
  • Low Value: 1,500,825

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $925,000
  • First Open Lien Mortgage Lender: LEADER BANK NA
  • First Open Lien Mortgage Recording Date: Oct 26, 2020
  • First Open Lien Mortgage Loan Amount: $925,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 26, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,464,700
  • Assessed Land Value: $576,000
  • Assessed Improvements Value: $888,700

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 26, 2020
  • Current Sale Transaction ID: 11797706834
  • Current Sale Price: $1,299,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 103533
  • Previous Sale Recording Date: Jul 11, 2014
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: LEADER BANK NA
  • First Mortgage Transaction Date: Oct 26, 2020
  • First Mortgage Loan Amount: $925,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: HARBORONE BANK
  • Previous Mortgage Transaction Date: Jul 11, 2014
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $800,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 11, 2044

About Plymouth



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53 Gale Rd, Weymouth, MA, 02188 Listing by Aimee Amri

Frequently Asked Questions

What neighborhood is 1 Sherman Way located in?
The 1 Sherman Way is a located in the neighborhood of Hingham in Plymouth, Hingham.
What is the average sales price for listings in 1 Sherman Way?
The average sales price for units in 1 Sherman Way is $0 currently.

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