61 Bay Road, North Falmouth, MA 02556

61 Bay Road North Falmouth MA 02556
Owner Information
Owner 1
William Sullivan
Owner 2
Owner's Address
61 Bay Rd N Falmouth, MA 02556
Market Sale Information
Most recent sale date
2/22/2016
Previous sale date
6/24/2014
Transfer document #
29465-100
Previous transfer document
28214-297
Grantor
Elaine E Berteletti
Previous grantor
Lawrence T Sullivan
Most recent sale price
$275,000.00
Previous sale price
$1.00
Site Information
Property ID
05 05 005 000
Lot Size
0.8
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Ranch
Number of Rooms
6
Stories
Number of Beds
4
Year Built
1940
Number of full baths
3
Condition
Average
Number of half baths
0
Finished Area
1798
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Frcd Hot Air
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$477,500.00
Total value
$907,300.00
Building value
$429,000.00
Estimated tax
$5,697.00
Yard improvement value
$800.00
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 61 Bay Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $152.95 Style Ranch Age 1940 Rooms 6 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.8 Roof Cover Asphalt AEM Value - Building $429,000.00 AEM Value - Land $477,500.00 AEM Value - Other $800.00 AEM Value - Total $907,300.00
A) 40 Bryant Point Road 0.3 8/16/2024 $1,475,000 1,353 $1090.17 Cape Cod 1950 7 4 2 0 Gas 0.26 Asphalt $280,500 $657,500 $0 $938,000
B) 4 Heather Lane 0.6 7/3/2024 $865,000 1,796 $481.63 Colonial 1983 6 3 1 1 Gas 0.41 Asphalt $322,200 $225,400 $800 $548,400
C) 21 Upshur Drive 0.7 3/22/2024 $685,000 1,638 $418.19 Cape Cod 1976 7 4 2 0 Oil 0.46 Asphalt $311,200 $230,900 $24,000 $566,100
D) 120 Pebble Lane 0.9 5/10/2024 $900,000 1,718 $523.86 Cape Cod 1993 6 3 2 0 Oil 0.44 Asphalt $429,100 $228,800 $6,800 $664,700
E) 43 Alder Lane 1.0 4/26/2024 $1,600,000 2,154 $742.80 Contemporary 1984 6 3 2 0 Gas 0.34 Asphalt $326,100 $453,100 $1,600 $780,800
F) 117 Crystal Spring Avenue 1.0 5/28/2024 $962,000 1,672 $575.36 Cape Cod 1932 7 4 1 0 Gas 0.24 Asphalt $406,400 $370,700 $0 $777,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 61 Bay Road 2/22/2016 $275,000 0 Ranch 1,798 0.8 4 3-0 -
  Criteria
A 40 Bryant Point Road 8/16/2024 $1,475,000 0.3 Cape Cod 1,353 0.26 4 2-0
B 4 Heather Lane 7/3/2024 $865,000 0.6 Colonial 1,796 0.41 3 1-1
C 21 Upshur Drive 3/22/2024 $685,000 0.7 Cape Cod 1,638 0.46 4 2-0
D 120 Pebble Lane 5/10/2024 $900,000 0.9 Cape Cod 1,718 0.44 3 2-0
E 43 Alder Lane 4/26/2024 $1,600,000 1.0 Contemporary 2,154 0.34 3 2-0
F 117 Crystal Spring Avenue 5/28/2024 $962,000 1.0 Cape Cod 1,672 0.24 4 1-0
Averages 117 days $1,081,167 0.74 --- 1,722 0.36 --- ---  

Estimation of Market Value - $1,252,861

As of today, 09/21/2024, the estimated market value of 61 Bay Road, North Falmouth considering the above 6 comparable properties is $1,252,861.

 

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
@ 61 Bay Road 2/22/2016 $275,000 0 Ranch 1,798 0.8 4 3-0 -
  Criteria
A 71 Bay Road 9/28/2020 $925,000 0.0 Cape Cod 2,400 0.6 4 2-1
B 57 Bay Road 10/28/2020 $100 0.0 Ranch 1,398 0.93 3 2-0
C 47 Bay Road 5/30/2003 $620,000 0.0 Cape Cod 2,446 0.72 4 2-1
D 62 Bay Road 7/5/2005 $549,000 0.0 Split or Bi 2,381 0.6 4 2-1
E 68 Bay Road 8/23/2013 $372,500 0.1 Cape Cod 2,384 0.58 4 2-1
F 79 Bay Road 3/17/2005 $10 0.1 Gambrel 3,068 1.02 3 2-2
G 58 Bay Road 7/8/1982 $77,000 0.1 Cape Cod 2,354 0.5 3 3-0
H 72 Bay Road 3/24/2022 $100 0.1 Colonial 2,506 0.44 3 1-1
I 45 Bay Road 12/20/2016 $667,000 0.1 Cape Cod 3,217 1.16 4 2-1
J 44 Bay Road 2/17/2017 $485,000 0.1 Cape Cod 1,939 0.56 3 1-1
K 41 Bay Road 6/3/2020 $125,000 0.1 Cottage 360 0.94 1 1-0
L 39 Bay Road 6/3/2020 $275,000 0.1 Ranch 1,224 0.18 3 1-1
M 78 Bay Road 6/12/2017 $1 0.1 Ranch 1,420 1.18 3 1-0
N 80 Bay Road 4/30/2003 $0 0.1 Ranch 1,372 0.69 3 1-0
O 95 Bay Road 8/26/2020 $1,250,000 0.1 Contemporary 5,219 0.89 4 5-1
P 38 Bay Road 4/26/2022 $1 0.1 Ranch 1,400 0.56 3 1-0
Q 0 Bay Road 12/1/2010 $1 0.1 2.7 0 0-0
R 50 Bay Road 8/7/2007 $850,000 0.1 Colonial 4,488 2.18 5 4-0
S 73 Wild Harbor Road 1/10/2020 $1 0.1 1.56 0 0-0
T 49 Wild Harbor Road 12/24/2013 $1 0.1 Cape Cod 1,170 2 3 1-0
U 118 Chester Street 9/20/2007 $1 0.1 Ranch 1,236 0.24 3 1-0
Averages 4282 days $295,034 0.08 --- 1,999 0.96 --- ---  
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
05 05 005 000 61 Bay Road