3840 Falmouth Road-Route 28, Marstons Mills, MA 02648

3840 Falmouth Road Route 28 Marstons Mills MA 02648
Owner Information
Owner 1
Bromley - Cotuit LLC
Owner 2
Owner's Address
C/O Quincy & Company Inc, 57 Dedham Ave Needham, MA 02492
Market Sale Information
Most recent sale date
3/23/2016
Previous sale date
6/17/1997
Transfer document #
C209037-
Previous transfer document
C144821-0
Grantor
Cape Cotuit Center LLC
Previous grantor
Cotuit Landing Jt Vtre
Most recent sale price
$15,350,000.00
Previous sale price
$3,071,334.00
Site Information
Property ID
058-039-002
Lot Size
7.55
Use Code
Zoning
SPLIT VB-A
Building Style
Shop Ctr-Nbhd
Number of Rooms
Stories
1
Number of Beds
0
Year Built
1982
Number of full baths
0
Condition
Number of half baths
Finished Area
28459
Number of Kitchen
Gross Living Area
29440
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Vinyl/Asphalt
Solar Hot Water
No
Roof Structure
Flat
Heating type
Hot Air
Roof Cover
Tar & Gravel
Heating fuel
Gas
Frame type
MASONRY
Air Condition (%)
Sidings
Concr/Cinder
Assessment Information
Fiscal Year
2024
Land Value
$4,019,800.00
Total value
$9,784,800.00
Building value
$5,321,700.00
Estimated tax
$71,014.00
Yard improvement value
$443,300.00
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 3840 Falmouth Road-Route 28 Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $539.37 Style Shop Ctr-Nbhd Age 1982 Rooms Bedrooms 0 Full baths 0 Half baths Gross Living Area 29440 Heating Fuel Gas Detached Garage Lot Size 7.55 Roof Cover Tar & Gravel AEM Value - Building $5,321,700.00 AEM Value - Land $4,019,800.00 AEM Value - Other $443,300.00 AEM Value - Total $9,784,800.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3840 Falmouth Road-Route 28 3/23/2016 $15,350,000 0 Shop Ctr-Nbhd 28,459 7.55 0 0- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 3840 Falmouth Road-Route 28 3/23/2016 $15,350,000 0 Shop Ctr-Nbhd 28,459 7.55 0 0- -
  Criteria
A 84 Industry Road 11/3/2015 $0 0.1 Service Shop 1,750 1.01 1 0-
B 48 Devon Lane 4/21/1998 $1 0.1 Colonial 1,744 1.07 3 2-1
C 0 Putnam Avenue 5/1/1997 $310,000 0.1 Vacant Land 0.13 -
D 3800 Falmouth Road-Route 28 3/15/1990 $250 0.1 Commercial 4,350 1.5 1 0-
E 70 Industry Road 11/3/2018 $0 0.1 Military 4,229 1.01 1 0-
F 36 Devon Lane 6/19/2020 $485,000 0.1 Colonial 2,032 1.03 3 2-1
G 1030 Putnam Avenue 2/28/2008 $2,295,000 0.1 Lg Ret Condo 8,775 1.37 0 0-
H 3821 Falmouth Road-Route 28 6/24/2024 $4,150,000 0.1 Military 2,167 2.14 0 0-
I 62 Devon Lane 5/1/1997 $179,000 0.1 Colonial 2,906 1.04 3 3-0
J 0 Falmouth Road-Route 28 3/23/2016 $15,350,000 0.1 Vacant Land 10.09 -
K 3900 Falmouth Road-Route 28 3/23/2016 $15,350,000 0.1 Supermarket 69,251 7.06 0 2-
Averages 5596 days $3,465,386 0.10 --- 8,837 2.5 --- ---  
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
058-039-002 3840 Falmouth Road-Route 28