71 Althea Road, North Falmouth, MA 02556

71 Althea Road North Falmouth MA 02556
Owner Information
Owner 1
Ronald J Chapman
Owner 2
Tracy Chapman
Owner's Address
71 Althea Rd North Falmouth, MA 02556
Market Sale Information
Most recent sale date
9/15/2021
Previous sale date
1/17/1985
Transfer document #
34474-120
Previous transfer document
04388-0009
Grantor
Thomas G Rackley
Previous grantor
Thomas G Rackley
Most recent sale price
$630,000.00
Previous sale price
$0.00
Site Information
Property ID
12 08 004 013
Lot Size
0.58
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Ranch
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1985
Number of full baths
3
Condition
Average
Number of half baths
0
Finished Area
3124
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
1
Interior walls
Drywall
Floor type
Ceramic Tile
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Water
Roof Cover
Asphalt
Heating fuel
Oil
Frame type
Wood
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$243,700.00
Total value
$783,700.00
Building value
$540,000.00
Estimated tax
$4,921.00
Yard improvement value
$0.00
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 71 Althea Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $201.66 Style Ranch Age 1985 Rooms 6 Bedrooms 3 Full baths 3 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.58 Roof Cover Asphalt AEM Value - Building $540,000.00 AEM Value - Land $243,700.00 AEM Value - Other $0.00 AEM Value - Total $783,700.00
A) 34 Longshank Circle 0.3 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
B) 321 North Falmouth Highway 0.4 11/8/2024 $905,000 3,348 $270.31 Colonial 2000 9 4 2 1 Gas 0.71 Asphalt $680,500 $257,300 $0 $937,800
C) 216 North Falmouth Highway 0.4 9/16/2024 $1,200,000 3,114 $385.36 Gambrel 1994 7 4 3 1 Gas 0.74 Asphalt $796,300 $261,100 $0 $1,057,400
D) 277 Cairn Ridge Road 0.5 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
E) 108 Streeter Hill Road 0.6 11/6/2024 $850,000 2,360 $360.17 Contemporary 1985 6 3 2 0 Oil 0.37 Asphalt $467,000 $253,500 $7,400 $727,900
F) 29 Longview Road 0.6 10/4/2024 $1,385,000 2,600 $532.69 Colonial 1989 7 4 3 0 Gas 1.99 Asphalt $539,400 $282,000 $16,000 $837,400
G) 66 Saddleback Lane 0.9 6/12/2024 $1,050,000 2,583 $406.50 Cape Cod 1997 6 3 3 1 Gas 1.39 Asphalt $688,800 $335,000 $0 $1,023,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 71 Althea Road 9/15/2021 $630,000 0 Ranch 3,124 0.58 3 3-0 -
  Criteria
A 34 Longshank Circle 7/25/2024 $1,040,000 0.3 Contemporary 2,510 1.04 3 2-1
B 321 North Falmouth Highway 11/8/2024 $905,000 0.4 Colonial 3,348 0.71 4 2-1
C 216 North Falmouth Highway 9/16/2024 $1,200,000 0.4 Gambrel 3,114 0.74 4 3-1
D 277 Cairn Ridge Road 7/11/2024 $920,000 0.5 Contemporary 3,590 0.8 4 2-1
E 108 Streeter Hill Road 11/6/2024 $850,000 0.6 Contemporary 2,360 0.37 3 2-0
F 29 Longview Road 10/4/2024 $1,385,000 0.6 Colonial 2,600 1.99 4 3-0
G 66 Saddleback Lane 6/12/2024 $1,050,000 0.9 Cape Cod 2,583 1.39 3 3-1
Averages 69 days $1,050,000 0.53 --- 2,872 1.01 --- ---  

Estimation of Market Value - $997,699

As of today, 11/10/2024, the estimated market value of 71 Althea Road, North Falmouth considering the above 7 comparable properties is $997,699.

 

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
@ 71 Althea Road 9/15/2021 $630,000 0 Ranch 3,124 0.58 3 3-0 -
  Criteria
A 67 Althea Road 11/8/2024 $625,000 0.0 Ranch 864 0.52 3 2-0
B 73 Althea Road 8/19/2015 $300,000 0.0 Cape Cod 1,992 0.67 3 2-0
C 77 Althea Road 5/4/1983 $11,800 0.0 Cape Cod 1,752 0.88 4 2-0
D 63 Althea Road 7/18/2016 $325,000 0.0 Cape Cod 1,468 0.63 3 1-0
E 78 Althea Road 9/18/2009 $1 0.0 Ranch 1,646 0.47 3 1-0
F 60 Althea Road 2/21/1992 $109,900 0.1 Ranch 983 0.46 3 2-0
G 81 Althea Road 7/16/1980 $45,600 0.1 Raised Ranch 894 0.46 2 1-1
H 61 Althea Road 10/10/1980 $59,900 0.1 Cape Cod 1,344 0.49 3 2-0
I 57 Althea Road 11/30/2005 $369,200 0.1 Colonial 1,512 0.47 2 1-1
J 87 Althea Road 3/27/2020 $1 0.1 Ranch 1,612 0.49 3 1-0
K 88 Althea Road 7/11/2016 $1 0.1 Raised Ranch 1,076 0.48 3 2-0
L 0 North Falmouth Highway 1/1/1935 $0 0.1 4.88 0 0-0
M 48 Althea Road 9/16/2005 $100 0.1 Raised Ranch 900 0.51 4 1-1
N 51 Althea Road 3/31/1998 $135,100 0.1 Cape Cod 2,020 0.46 4 3-0
O 38 Teneycke Hill Road 7/23/2004 $418,000 0.1 Ranch 1,454 0.29 2 2-0
P 95 Althea Road 6/21/1985 $74,000 0.1 Cape Cod 1,600 0.49 4 2-0
Q 40 Teneycke Hill Road 12/28/2017 $420,000 0.1 Colonial 2,011 0.24 4 2-1
R 98 Althea Road 6/23/2022 $868,999 0.1 Gambrel 2,276 0.49 4 3-0
S 43 Althea Road 11/1/2017 $348,000 0.1 Cape Cod 1,428 0.46 3 2-0
T 40 Althea Road 11/23/2007 $100 0.1 Cape Cod 1,000 0.48 2 1-0
U 30 Teneycke Hill Road 9/10/1999 $230,000 0.1 Cape Cod 1,877 0.31 3 2-1
V 0 North Falmouth Highway 1/1/1968 $0 0.1 0.38 0 0-0
Averages 8930 days $197,305 0.08 --- 1,350 0.68 --- ---  
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 08 004 013 71 Althea Road