228 Alder Lane, North Falmouth, MA 02556

228 Alder Lane North Falmouth MA 02556
Owner Information
Owner 1
Anne W Oconnor
Owner 2
Oconnor 228 Alder Ln Rty Trust
Owner's Address
228 Alder Ln N Falmouth, MA 02556
Market Sale Information
Most recent sale date
4/15/2008
Previous sale date
11/26/1985
Transfer document #
185689-
Previous transfer document
104358
Grantor
John F Oconnor
Previous grantor
James J Mulvehill
Most recent sale price
$100.00
Previous sale price
$360,000.00
Site Information
Property ID
13 02 002A 073
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Contemporary
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1979
Number of full baths
2
Condition
Average
Number of half baths
1
Finished Area
3383
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Drywall
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Frcd Hot Air
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Prefab Wood
Assessment Information
Fiscal Year
2024
Land Value
$842,800.00
Total value
$1,435,400.00
Building value
$592,600.00
Estimated tax
$9,014.00
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 228 Alder Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.03 Style Contemporary Age 1979 Rooms 7 Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.46 Roof Cover Asphalt AEM Value - Building $592,600.00 AEM Value - Land $842,800.00 AEM Value - Other $0.00 AEM Value - Total $1,435,400.00
A) 67 Santuit Road 0.3 9/4/2024 $1,375,000 3,740 $367.65 Cape Cod 1926 7 4 3 1 Gas 0.33 Asphalt $1,004,200 $791,500 $11,000 $1,806,700
B) 5 Shaume Road 0.6 11/15/2024 $1,350,000 3,428 $393.82 Ranch 1952 7 4 1 1 Gas 0.27 Asphalt $388,000 $490,200 $0 $878,200
C) 457 Wild Harbor Road 0.7 10/10/2024 $4,650,000 2,906 $1600.14 Contemporary 1990 6 3 2 1 Gas 2.05 Asphalt $811,300 $3,004,800 $9,200 $3,825,300
D) 18 Webster Street 0.7 9/19/2024 $1,621,250 2,730 $593.86 Cape Cod 1987 7 4 2 1 Gas 0.35 Asphalt $762,800 $421,900 $8,100 $1,192,800
E) 3 Webster Street 0.8 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
F) 29 Longview Road 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 228 Alder Lane 4/15/2008 $100 0 Contemporary 3,383 0.46 4 2-1 -
  Criteria
A 67 Santuit Road 9/4/2024 $1,375,000 0.3 Cape Cod 3,740 0.33 4 3-1
B 5 Shaume Road 11/15/2024 $1,350,000 0.6 Ranch 3,428 0.27 4 1-1
C 457 Wild Harbor Road 10/10/2024 $4,650,000 0.7 Contemporary 2,906 2.05 3 2-1
D 18 Webster Street 9/19/2024 $1,621,250 0.7 Cape Cod 2,730 0.35 4 2-1
E 3 Webster Street 7/25/2024 $1,564,000 0.8 Contemporary 2,652 0.35 3 2-1
F 29 Longview Road 10/4/2024 $1,385,000 1.0 Colonial 2,600 1.99 4 3-0
Averages 109 days $1,990,875 0.68 --- 3,009 0.89 --- ---  

Estimation of Market Value - $2,022,919

As of today, 01/09/2025, the estimated market value of 228 Alder Lane, North Falmouth considering the above 6 comparable properties is $2,022,919.

 

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
@ 228 Alder Lane 4/15/2008 $100 0 Contemporary 3,383 0.46 4 2-1 -
  Criteria
A 224 Alder Lane 8/19/2011 $750,000 0.0 Ranch 1,929 0.38 3 2-1
B 230 Alder Lane 11/22/2017 $100 0.0 Contemporary 9,690 0.53 5 6-2
C 232 Alder Lane 9/18/2012 $1,500,000 0.0 Custom 4,173 0.36 5 1-2
D 0 Alder Lane 1/18/1974 $0 0.0 5.91 0 0-0
E 229 Alder Lane 8/18/1997 $0 0.0 Raised Ranch 1,512 0.39 4 1-0
F 220 Alder Lane 6/21/2018 $980,000 0.0 Contemporary 2,546 0.37 3 3-0
G 236 Alder Lane 9/1/2020 $2,600,000 0.1 Cape Cod 3,652 0.36 5 4-1
H 178 Alder Lane 4/6/2022 $1 0.1 Colonial 2,403 0.4 3 2-1
I 176 Alder Lane 5/19/2015 $1 0.1 Colonial 3,000 0.38 4 3-0
J 214 Alder Lane 6/7/2000 $450,000 0.1 Contemporary 2,397 0.35 3 2-0
K 240 Alder Lane 11/30/2018 $1,850,000 0.1 Cape Cod 3,488 0.44 5 3-1
L 211 Alder Lane 6/29/2001 $455,000 0.1 Colonial 3,432 0.35 5 2-1
M 184 Alder Lane 9/22/2016 $1 0.1 Contemporary 2,174 0.37 3 2-1
N 247 Alder Lane 4/14/2010 $1 0.1 Cape Cod 2,586 0.36 5 2-1
O 174 Alder Lane 11/22/2010 $1 0.1 Contemporary 2,607 0.42 4 1-1
P 248 Alder Lane 1/31/2018 $1,800,000 0.1 Cape Cod 3,405 0.41 4 3-0
Q 204 Alder Lane 12/9/2009 $530,000 0.1 Ranch 2,076 0.39 3 2-1
R 177 Alder Lane 3/2/2015 $1 0.1 Contemporary 2,283 0.35 3 2-1
S 190 Alder Lane 10/3/1994 $330,000 0.1 Cape Cod 2,647 0.39 3 3-0
T 166 Alder Lane 1/20/1980 $0 0.1 0.41 0 0-0
U 205 Alder Lane 12/12/1996 $0 0.1 Cape Cod 2,630 0.35 3 2-1
V 251 Alder Lane 11/23/2004 $1,100,000 0.1 Cape Cod 2,521 0.35 4 3-1
W 53 River Drive 1/1/1953 $0 0.1 0.55 0 0-0
X 39 River Drive 6/23/2003 $1,100,000 0.1 Ranch 1,610 1.11 2 2-0
Y 250 Alder Lane 1/27/2021 $80,000 0.1 0.38 0 0-0
Z 185 Alder Lane 12/3/1996 $130,000 0.1 Contemporary 3,073 0.35 4 3-0
- 59 River Drive 1/1/1900 $0 0.1 0.62 0 0-0
- 160 Alder Lane 12/9/2022 $2,090,000 0.1 Contemporary 2,978 0.45 4 3-1
- 167 Alder Lane 12/8/2014 $615,000 0.1 Cape Cod 2,607 0.35 3 1-1
- 39 Inkberry Lane 12/28/2020 $100 0.1 Colonial 4,211 0.35 4 3-1
- 256 Alder Lane 3/1/2018 $1,975,000 0.1 Conventional 4,365 0.37 4 4-0
Averages 7717 days $591,458 0.08 --- 2,580 0.6 --- ---  
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 002A073 228 Alder Lane