40 Fernwood Road, North Falmouth, MA 02556

40 Fernwood Road North Falmouth MA 02556
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Owner Information
Owner 1
Ralph N Lorson Jr
Owner 2
Ralph N Lorson Rlty Trust
Owner's Address
P O Box 985 North Falmouth, MA 02556-0985
Market Sale Information
Most recent sale date
11/26/2021
Previous sale date
6/11/2015
Transfer document #
34696-161
Previous transfer document
28931-163
Grantor
Ralph N Lorson Realty Trust
Previous grantor
Ralph N Lorson
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
12 08 015 007
Lot Size
1.05
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1987
Number of full baths
2
Condition
Average
Number of half baths
0
Finished Area
2636
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Drywall
Floor type
Softwood
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
$283,600.00
Total value
$770,000.00
Building value
$467,700.00
Estimated tax
$4,835.00
Yard improvement value
$18,700.00
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 40 Fernwood Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1987 Rooms 7 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 1.05 Roof Cover Asphalt AEM Value - Building $467,700.00 AEM Value - Land $283,600.00 AEM Value - Other $18,700.00 AEM Value - Total $770,000.00
A) 34 Longshank Circle 0.4 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) 216 North Falmouth Highway 0.6 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
C) 65 Willow Field Drive 0.6 7/10/2024 $995,000 2,302 $432.23 Cape Cod 1990 6 3 3 0 Gas 1.29 Asphalt $537,400 $290,400 $0 $827,800
D) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Fernwood Road 11/26/2021 $1 0 Cape Cod 2,636 1.05 4 2-0 -
  Criteria
A 34 Longshank Circle 7/25/2024 $1,040,000 0.4 Contemporary 2,510 1.04 3 2-1
B 216 North Falmouth Highway 9/16/2024 $1,200,000 0.6 Gambrel 3,114 0.74 4 3-1
C 65 Willow Field Drive 7/10/2024 $995,000 0.6 Cape Cod 2,302 1.29 3 3-0
D 43 Alder Lane 4/26/2024 $1,600,000 1.0 Contemporary 2,154 0.34 3 2-0
Averages 71 days $1,208,750 0.62 --- 2,520 0.85 --- ---  

Estimation of Market Value - $1,150,900

As of today, 09/20/2024, the estimated market value of 40 Fernwood Road, North Falmouth considering the above 4 comparable properties is $1,150,900.

 

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
@ 40 Fernwood Road 11/26/2021 $1 0 Cape Cod 2,636 1.05 4 2-0 -
  Criteria
A 25 Crowell Pond Lane 5/27/2015 $10 0.0 Cape Cod 1,911 0.55 3 2-1
B 39 Fernwood Road 6/17/2022 $1 0.0 Contemporary 1,426 1.2 3 2-0
C 26 Fernwood Road 12/6/2019 $520,000 0.1 Ranch 1,724 2.79 3 1-0
D 30 Crowell Pond Lane 11/30/2022 $950,000 0.1 Ranch 1,927 0.62 3 2-0
E 44 Rockledge Drive 1/9/2017 $100 0.1 2 0 0-0
F 29 Fernwood Road 3/15/2000 $100,000 0.1 Contemporary 2,470 1.07 3 2-0
G 18 Crowell Pond Lane 2/17/2005 $0 0.1 Ranch 1,474 0.53 3 2-0
H 0 Dove Hill Road 11/2/1987 $0 0.1 1.3 0 0-0
I 14 Fernwood Road 9/30/2022 $340,000 0.1 0.94 0 0-0
J 37 Dove Hill Road 12/24/2014 $1 0.1 Ranch 1,272 0.34 3 2-0
K 9 Crowell Pond Lane 7/17/2006 $349,000 0.1 1.03 0 0-0
L 14 Crowell Pond Lane 10/16/2020 $10 0.1 Ranch 1,896 0.47 3 2-0
M 45 Dove Hill Road 12/23/2022 $1 0.1 Gambrel 2,042 0.28 3 2-0
N 24 Dove Hill Road 8/4/2011 $435,000 0.1 Cape Cod 2,403 0.47 3 2-1
O 15 Fernwood Road 7/19/2017 $100 0.1 Cape Cod 2,636 1.01 3 3-0
P 30 Dove Hill Road 9/20/2021 $1 0.1 Cape Cod 2,029 0.37 3 2-0
Q 16 Dove Hill Road 12/1/2020 $650,000 0.1 Cape Cod 2,097 0.44 3 2-0
R 34 Rockledge Drive 3/31/2023 $625,000 0.1 Contemporary 2,368 1.58 4 2-0
S 90 Rockledge Drive 12/31/2021 $100 0.1 Contemporary 3,314 1.54 3 3-1
T 49 Dove Hill Road 10/21/2016 $515,000 0.1 Ranch 2,352 0.28 4 1-0
U 52 Rockledge Drive 5/16/2014 $440,000 0.1 Cape Cod 1,986 1.68 3 2-1
V 11 Dove Hill Road 11/13/2017 $1 0.1 Ranch 1,485 0.25 3 2-0
W 34 Dove Hill Road 9/26/2023 $10 0.1 Cape Cod 1,862 0.32 3 2-0
X 0 Crowell Pond Lane 12/29/2005 $100 0.1 5.42 0 0-0
Y 10 Fernwood Road 3/2/2023 $10 0.1 Contemporary 2,104 1.01 3 2-0
Z 40 Dove Hill Road 10/21/2020 $10 0.1 Cape Cod 1,711 0.35 3 2-0
- 6 Crowell Pond Lane 9/14/2021 $100 0.1 Ranch 1,320 0.49 3 1-0
- 5 Crowell Pond Lane 11/13/2020 $549,000 0.1 Cape Cod 1,771 0.76 3 2-0
- 46 Dove Hill Road 5/1/2012 $435,000 0.1 Cape Cod 1,907 0.32 3 1-0
- 55 Dove Hill Road 1/12/2021 $100 0.1 Contemporary 1,402 0.28 3 2-0
Averages 3008 days $196,955 0.09 --- 1,630 0.99 --- ---  
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 08 015 007 40 Fernwood Road