5 Old Forge Road, North Falmouth, MA 02556

5 Old Forge Road North Falmouth MA 02556
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Owner Information
Owner 1
5 Old Forge Road LLC
Owner 2
Owner's Address
5 Old Forge Rd Falmouth, MA 02556
Market Sale Information
Most recent sale date
8/3/2023
Previous sale date
9/8/2020
Transfer document #
233610-
Previous transfer document
223642
Grantor
KNEELAND DAVID J
Previous grantor
Most recent sale price
$100.00
Previous sale price
$730,090.00
Site Information
Property ID
12 05 004 042
Lot Size
0.56
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
7
Stories
Number of Beds
3
Year Built
1969
Number of full baths
2
Condition
Average
Number of half baths
0
Finished Area
2257
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
$275,700.00
Total value
$811,800.00
Building value
$536,100.00
Estimated tax
$5,098.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 5 Old Forge Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.04 Style Cape Cod Age 1969 Rooms 7 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.56 Roof Cover Asphalt AEM Value - Building $536,100.00 AEM Value - Land $275,700.00 AEM Value - Other $0.00 AEM Value - Total $811,800.00
A) 21 Teneycke Hill Road 0.4 7/2/2024 $925,000 1,962 $471.46 Colonial 1996 7 4 2 1 Gas 0.31 Asphalt $511,800 $230,700 $0 $742,500
B) 435 Quaker Road 0.5 4/26/2024 $875,000 1,866 $468.92 Cape Cod 1966 6 3 2 0 Gas 0.29 Asphalt $363,400 $281,000 $100 $644,500
C) 3 Webster Street 0.6 7/25/2024 $1,564,000 2,652 $589.74 Contemporary 1985 6 3 2 1 Gas 0.35 Asphalt $513,700 $421,900 $8,800 $944,400
D) 43 Alder Lane 0.7 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
E) 110 Alder Lane 0.7 4/29/2024 $1,700,000 2,216 $767.15 Contemporary 1977 6 3 2 0 Gas 0.37 WoodShingle $469,600 $728,700 $0 $1,198,300
F) 34 Longshank Circle 0.8 7/25/2024 $1,040,000 2,510 $414.34 Contemporary 1996 6 3 2 1 Gas 1.04 Asphalt $598,800 $323,900 $0 $922,700
G) 61 Frederick Road 0.9 7/10/2024 $433,333 1,856 $233.48 Ranch 1991 6 3 2 0 Oil 2.57 Asphalt $413,200 $394,100 $0 $807,300
H) 122 Birch Lane 1.0 7/17/2024 $645,418 2,117 $304.87 Contemporary 1984 6 3 1 0 Electric 0.34 Asphalt $438,800 $453,100 $1,600 $893,500
I) 161 Bay Shore Drive 1.0 5/3/2024 $2,100,000 2,194 $957.16 Contemporary 1950 7 4 1 1 Oil 0.68 Asphalt $366,000 $836,800 $0 $1,202,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Old Forge Road 8/3/2023 $100 0 Cape Cod 2,257 0.56 3 2-0 -
  Criteria
A 21 Teneycke Hill Road 7/2/2024 $925,000 0.4 Colonial 1,962 0.31 4 2-1
B 435 Quaker Road 4/26/2024 $875,000 0.5 Cape Cod 1,866 0.29 3 2-0
C 3 Webster Street 7/25/2024 $1,564,000 0.6 Contemporary 2,652 0.35 3 2-1
D 43 Alder Lane 4/26/2024 $1,600,000 0.7 Contemporary 2,154 0.34 3 2-0
E 110 Alder Lane 4/29/2024 $1,700,000 0.7 Contemporary 2,216 0.37 3 2-0
F 34 Longshank Circle 7/25/2024 $1,040,000 0.8 Contemporary 2,510 1.04 3 2-1
G 61 Frederick Road 7/10/2024 $433,333 0.9 Ranch 1,856 2.57 3 2-0
H 122 Birch Lane 7/17/2024 $645,418 1.0 Contemporary 2,117 0.34 3 1-0
I 161 Bay Shore Drive 5/3/2024 $2,100,000 1.0 Contemporary 2,194 0.68 4 1-1
Averages 101 days $1,209,195 0.72 --- 2,170 0.7 --- ---  

Estimation of Market Value - $1,171,814

As of today, 09/20/2024, the estimated market value of 5 Old Forge Road, North Falmouth considering the above 9 comparable properties is $1,171,814.

 

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
@ 5 Old Forge Road 8/3/2023 $100 0 Cape Cod 2,257 0.56 3 2-0 -
  Criteria
A 14 Quail Hollow Road 8/1/2018 $1 0.0 Colonial 2,083 0.47 4 3-0
B 17 Old Forge Road 2/19/2014 $427,500 0.0 Cape Cod 2,070 0.54 4 2-1
C 4 Old Forge Road 12/30/2011 $230,000 0.0 Contemporary 1,592 0.56 3 2-0
D 22 Quail Hollow Road 4/27/2018 $645,000 0.0 Cape Cod 1,890 0.48 4 2-0
E 14 Old Forge Road 8/18/2017 $785,000 0.1 Cape Cod 2,914 0.58 4 3-1
F 23 Old Forge Road 6/25/2024 $925,000 0.1 Cape Cod 1,474 0.52 3 2-1
G 0 Wing Road 3/26/1974 $0 0.1 0.52 0 0-0
H 29 Wing Road 8/1/2018 $895,000 0.1 Colonial 4,068 1.75 4 2-0
I 11 Quail Hollow Road 12/29/2006 $408,000 0.1 Cape Cod 2,729 0.99 4 3-1
J 50 Wing Road 4/23/2004 $1,025,000 0.1 Gambrel 2,574 1.55 4 3-1
K 17 Quail Hollow Road 8/31/2011 $850,000 0.1 Colonial 4,728 0.64 4 2-1
L 28 Quail Hollow Road 9/22/2023 $1,200,000 0.1 Cape Cod 2,848 0.54 3 2-1
M 32 Wing Road 5/5/2011 $100 0.1 Cape Cod 2,119 0.65 3 2-1
N 31 Old Forge Road 10/29/2020 $1 0.1 Ranch 1,704 0.53 3 1-0
O 12 Gray Rocks West Road 3/16/2001 $0 0.1 Ranch 3,171 0.69 5 3-0
P 23 Quail Hollow Road 1/9/1981 $18,000 0.1 Colonial 2,349 0.62 3 2-1
Q 11 Gray Rocks West Road 4/26/2007 $825,000 0.1 Contemporary 4,775 0.68 5 4-0
R 30 Old Forge Road 2/22/1985 $0 0.1 Cape Cod 2,695 0.69 3 2-1
S 32 Quail Hollow Road 1/24/2013 $100 0.1 Colonial 2,636 0.53 3 2-0
T 31 Quail Hollow Road 7/24/2019 $10 0.1 Cape Cod 1,400 0.6 2 2-0
U 37 Old Forge Road 10/29/2015 $1 0.1 Cape Cod 2,789 0.68 3 3-2
V 214 North Falmouth Highway 4/20/2010 $1 0.1 Cape Cod 2,304 0.78 3 2-1
W 20 Wing Road 1/5/2000 $0 0.1 Cape Cod 1,801 1.41 3 2-0
X 18 Gray Rocks West Road 1/20/2022 $100 0.1 Ranch 1,447 0.58 3 2-1
Y 0 North Falmouth Highway 6/7/1990 $0 0.1 0.69 0 0-0
Z 36 Quail Hollow Road 10/31/2014 $455,000 0.1 Cape Cod 1,848 0.62 4 2-0
- 9 Horseshoe Lane 11/9/2001 $0 0.1 Cape Cod 2,025 0.71 3 3-0
- 35 Quail Hollow Road 4/27/1994 $0 0.1 Gambrel 3,213 0.64 4 3-0
- 40 Old Forge Road 12/21/2009 $254,000 0.1 Cape Cod 2,212 0.58 3 2-0
- 21 Gray Rocks West Road 11/28/2016 $1 0.1 Colonial 3,321 0.58 3 2-1
Averages 5856 days $298,094 0.08 --- 2,359 0.71 --- ---  
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
12 05 004 042 5 Old Forge Road