224 Alder Lane, North Falmouth, MA 02556

224 Alder Lane North Falmouth MA 02556
Owner Information
Owner 1
John C Bletzer
Owner 2
Lara J Bletzer
Owner's Address
57 Gale Rd Hampton, NH 03842
Market Sale Information
Most recent sale date
8/19/2011
Previous sale date
5/21/2003
Transfer document #
195006-
Previous transfer document
169239
Grantor
Marilyn H Morgan
Previous grantor
Augusta M Hall
Most recent sale price
$750,000.00
Previous sale price
$0.00
Site Information
Property ID
13 02 002A 072
Lot Size
0.38
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Ranch
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1973
Number of full baths
2
Condition
Average
Number of half baths
1
Finished Area
1929
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
Oil
Frame type
Wood
Air Condition (%)
Sidings
Prefab Wood
Assessment Information
Fiscal Year
2024
Land Value
$811,200.00
Total value
$1,277,100.00
Building value
$449,300.00
Estimated tax
$8,020.00
Yard improvement value
$16,600.00
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 224 Alder Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $388.80 Style Ranch Age 1973 Rooms 6 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.38 Roof Cover Asphalt AEM Value - Building $449,300.00 AEM Value - Land $811,200.00 AEM Value - Other $16,600.00 AEM Value - Total $1,277,100.00
A) 55 Sassafras Lane 0.1 10/17/2024 $1,325,000 1,972 $671.91 Contemporary 1980 7 4 2 0 Electric 0.36 Asphalt $407,500 $457,000 $0 $864,500
B) 122 Birch Lane 0.2 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
C) 55 Birch Lane 0.4 10/15/2024 $1,200,000 1,656 $724.64 Ranch 1972 6 3 2 0 Gas 0.36 Asphalt $388,200 $456,700 $2,500 $847,400
D) 12 Highcrest Road 0.9 1/3/2025 $1,600,000 2,388 $670.02 Colonial 1970 6 3 2 0 Gas 0.4 Asphalt $476,200 $738,800 $1,000 $1,216,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 224 Alder Lane 8/19/2011 $750,000 0 Ranch 1,929 0.38 3 2-1 -
  Criteria
A 55 Sassafras Lane 10/17/2024 $1,325,000 0.1 Contemporary 1,972 0.36 4 2-0
B 122 Birch Lane 7/17/2024 $645,418 0.2 Contemporary 2,117 0.34 3 1-0
C 55 Birch Lane 10/15/2024 $1,200,000 0.4 Ranch 1,656 0.36 3 2-0
D 12 Highcrest Road 1/3/2025 $1,600,000 0.9 Colonial 2,388 0.4 3 2-0
Averages 88 days $1,192,605 0.41 --- 2,033 0.37 --- ---  

Estimation of Market Value - $1,362,858

As of today, 01/09/2025, the estimated market value of 224 Alder Lane, North Falmouth considering the above 4 comparable properties is $1,362,858.

 

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
@ 224 Alder Lane 8/19/2011 $750,000 0 Ranch 1,929 0.38 3 2-1 -
  Criteria
A 228 Alder Lane 4/15/2008 $100 0.0 Contemporary 3,383 0.46 4 2-1
B 220 Alder Lane 6/21/2018 $980,000 0.0 Contemporary 2,546 0.37 3 3-0
C 229 Alder Lane 8/18/1997 $0 0.0 Raised Ranch 1,512 0.39 4 1-0
D 178 Alder Lane 4/6/2022 $1 0.0 Colonial 2,403 0.4 3 2-1
E 230 Alder Lane 11/22/2017 $100 0.0 Contemporary 9,690 0.53 5 6-2
F 176 Alder Lane 5/19/2015 $1 0.0 Colonial 3,000 0.38 4 3-0
G 232 Alder Lane 9/18/2012 $1,500,000 0.1 Custom 4,173 0.36 5 1-2
H 214 Alder Lane 6/7/2000 $450,000 0.1 Contemporary 2,397 0.35 3 2-0
I 184 Alder Lane 9/22/2016 $1 0.1 Contemporary 2,174 0.37 3 2-1
J 236 Alder Lane 9/1/2020 $2,600,000 0.1 Cape Cod 3,652 0.36 5 4-1
K 0 Alder Lane 1/18/1974 $0 0.1 5.91 0 0-0
L 211 Alder Lane 6/29/2001 $455,000 0.1 Colonial 3,432 0.35 5 2-1
M 174 Alder Lane 11/22/2010 $1 0.1 Contemporary 2,607 0.42 4 1-1
N 247 Alder Lane 4/14/2010 $1 0.1 Cape Cod 2,586 0.36 5 2-1
O 204 Alder Lane 12/9/2009 $530,000 0.1 Ranch 2,076 0.39 3 2-1
P 240 Alder Lane 11/30/2018 $1,850,000 0.1 Cape Cod 3,488 0.44 5 3-1
Q 177 Alder Lane 3/2/2015 $1 0.1 Contemporary 2,283 0.35 3 2-1
R 190 Alder Lane 10/3/1994 $330,000 0.1 Cape Cod 2,647 0.39 3 3-0
S 205 Alder Lane 12/12/1996 $0 0.1 Cape Cod 2,630 0.35 3 2-1
T 166 Alder Lane 1/20/1980 $0 0.1 0.41 0 0-0
U 185 Alder Lane 12/3/1996 $130,000 0.1 Contemporary 3,073 0.35 4 3-0
V 248 Alder Lane 1/31/2018 $1,800,000 0.1 Cape Cod 3,405 0.41 4 3-0
W 251 Alder Lane 11/23/2004 $1,100,000 0.1 Cape Cod 2,521 0.35 4 3-1
X 167 Alder Lane 12/8/2014 $615,000 0.1 Cape Cod 2,607 0.35 3 1-1
Y 39 Inkberry Lane 12/28/2020 $100 0.1 Colonial 4,211 0.35 4 3-1
Z 160 Alder Lane 12/9/2022 $2,090,000 0.1 Contemporary 2,978 0.45 4 3-1
- 189 Alder Lane 4/27/2007 $651,500 0.1 Cape Cod 2,194 0.35 3 2-1
- 250 Alder Lane 1/27/2021 $80,000 0.1 0.38 0 0-0
- 193 Alder Lane 1/10/2012 $10 0.1 Contemporary 4,063 0.35 4 4-0
- 259 Alder Lane 11/14/2013 $100 0.1 Gambrel 2,448 0.35 3 3-0
- 197 Alder Lane 6/26/2013 $1 0.1 Contemporary 2,670 0.35 4 3-0
- 59 Sassafras Lane 5/27/2016 $470,000 0.1 Ranch 1,242 0.36 3 1-1
- 256 Alder Lane 3/1/2018 $1,975,000 0.1 Conventional 4,365 0.37 4 4-0
- 161 Alder Lane 12/8/2016 $527,000 0.1 Ranch 2,307 0.35 3 3-0
- 57 Sassafras Lane 2/29/2008 $100 0.1 Colonial 2,388 0.37 4 2-1
- 39 River Drive 6/23/2003 $1,100,000 0.1 Ranch 1,610 1.11 2 2-0
- 154 Alder Lane 7/8/2020 $100 0.1 Contemporary 2,547 0.38 3 2-1
- 53 River Drive 1/1/1953 $0 0.1 0.55 0 0-0
Averages 6006 days $506,161 0.08 --- 2,666 0.55 --- ---  
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
13 02 002A072 224 Alder Lane