32 Summit Lane, East Falmouth, MA 02536

32 Summit Lane East Falmouth MA 02536
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Owner Information
Owner 1
Garry L Brake
Owner 2
Owner's Address
32 Summit Ln E Falmouth, MA 02536-7901
Market Sale Information
Most recent sale date
10/8/2021
Previous sale date
6/1/2020
Transfer document #
34556-28
Previous transfer document
32952-211
Grantor
Caryn G Brake
Previous grantor
Caryn G Brake
Most recent sale price
$1.00
Previous sale price
$100.00
Site Information
Property ID
11 01 029 248
Lot Size
1.5
Use Code
101 - Residential, single family
Zoning
AGAA
Building Style
Contemporary
Number of Rooms
8
Stories
Number of Beds
5
Year Built
1994
Number of full baths
1
Condition
Average
Number of half baths
1
Finished Area
4748
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
Hot Water
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$391,500.00
Total value
$1,375,200.00
Building value
$983,700.00
Estimated tax
$8,636.00
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 32 Summit Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Contemporary Age 1994 Rooms 8 Bedrooms 5 Full baths 1 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 1.5 Roof Cover Asphalt AEM Value - Building $983,700.00 AEM Value - Land $391,500.00 AEM Value - Other $0.00 AEM Value - Total $1,375,200.00
A) 12 Summit Lane 0.1 4/25/2024 $1,500,000 4,644 $323.00 Contemporary 1996 7 4 2 2 Gas 1.41 Asphalt $1,221,600 $524,700 $6,000 $1,752,300
B) 277 Cairn Ridge Road 0.3 7/11/2024 $920,000 3,590 $256.27 Contemporary 2000 7 4 2 1 Gas 0.8 Asphalt $765,800 $477,500 $0 $1,243,300
C) 65 Hill And Plain Road 0.4 4/17/2024 $1,100,000 3,634 $302.70 Cape Cod 1994 7 4 3 0 Gas 1.34 Asphalt $826,800 $333,400 $0 $1,160,200
D) 112 Saddleback Lane 0.5 9/25/2024 $985,000 5,492 $179.35 Contemporary 1998 7 4 4 1 Gas 2.33 Asphalt $976,900 $365,100 $8,000 $1,350,000
E) 70 Sorrel Circle 0.6 6/10/2024 $3,050,000 5,158 $591.31 Custom 2020 12 5 2 0 Gas 1.55 Asphalt $2,056,700 $340,200 $27,800 $2,424,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 32 Summit Lane 10/8/2021 $1 0 Contemporary 4,748 1.5 5 1-1 -
  Criteria
A 12 Summit Lane 4/25/2024 $1,500,000 0.1 Contemporary 4,644 1.41 4 2-2
B 277 Cairn Ridge Road 7/11/2024 $920,000 0.3 Contemporary 3,590 0.8 4 2-1
C 65 Hill And Plain Road 4/17/2024 $1,100,000 0.4 Cape Cod 3,634 1.34 4 3-0
D 112 Saddleback Lane 9/25/2024 $985,000 0.5 Contemporary 5,492 2.33 4 4-1
E 70 Sorrel Circle 6/10/2024 $3,050,000 0.6 Custom 5,158 1.55 5 2-0
Averages 106 days $1,511,000 0.38 --- 4,504 1.49 --- ---  

Estimation of Market Value - $1,451,542

As of today, 10/01/2024, the estimated market value of 32 Summit Lane, East Falmouth considering the above 5 comparable properties is $1,451,542.

 

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
@ 32 Summit Lane 10/8/2021 $1 0 Contemporary 4,748 1.5 5 1-1 -
  Criteria
A 40 Summit Lane 3/18/2013 $100 0.0 Contemporary 3,922 1.32 4 3-1
B 22 Summit Lane 11/21/2014 $938,500 0.0 Contemporary 4,782 1.61 4 3-1
C 44 Summit Lane 10/2/2017 $10 0.1 Contemporary 8,835 1.23 5 3-1
D 12 Summit Lane 4/25/2024 $1,500,000 0.1 Contemporary 4,644 1.41 4 2-2
E 29 Summit Lane 3/22/2023 $660,000 0.1 Contemporary 2,228 1.19 3 2-1
F 39 Summit Lane 6/20/2019 $1 0.1 Colonial 4,495 1.4 5 3-1
G 23 Summit Lane 6/28/1995 $95,000 0.1 Colonial 2,624 1.09 3 2-1
H 28 Martingale Circle 12/15/1999 $156,900 0.1 Cape Cod 6,509 1.22 4 4-1
I 6 Summit Lane 7/15/2022 $1,850,000 0.1 Colonial 3,501 1.41 4 3-1
J 46 Summit Lane 9/8/2020 $900,000 0.1 Cape Cod 3,522 1.3 4 4-0
K 15 Summit Lane 9/6/2016 $10 0.1 Contemporary 3,767 1.14 3 2-1
L 43 Summit Lane 3/18/2011 $800,000 0.1 Contemporary 3,490 1.31 4 2-1
M 23 Martingale Circle 12/15/2011 $700,000 0.1 Contemporary 4,076 1.15 4 3-1
N 24 Martingale Circle 2/16/2018 $100 0.1 Contemporary 2,927 1.64 3 2-1
O 48 Summit Lane 12/4/1995 $163,000 0.1 Contemporary 5,766 1.41 4 4-1
P 45 Summit Lane 9/15/2014 $1,150,000 0.1 Contemporary 4,470 1.51 5 5-1
Q 291 Falmouth Woods Road 3/15/2017 $650,000 0.1 Contemporary 3,558 0.92 4 3-1
Averages 3942 days $562,566 0.09 --- 4,301 1.31 --- ---  
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
11 01 029 248 32 Summit Lane