240 Alder Lane, North Falmouth, MA 02556

240 Alder Lane North Falmouth MA 02556
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Owner Information
Owner 1
Richard Raisman
Owner 2
Lynn Raisman
Owner's Address
20 Burr Dr Needham, MA 02492
Market Sale Information
Most recent sale date
11/30/2018
Previous sale date
7/2/2001
Transfer document #
218050-
Previous transfer document
162057
Grantor
Randi Zussman
Previous grantor
Randi Zussman
Most recent sale price
$1,850,000.00
Previous sale price
$0.00
Site Information
Property ID
13 02 002A 077
Lot Size
0.44
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
8
Stories
Number of Beds
5
Year Built
1973
Number of full baths
3
Condition
Average
Number of half baths
1
Finished Area
3488
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
WoodShingle
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,311,000.00
Total value
$2,361,800.00
Building value
$1,047,100.00
Estimated tax
$14,832.00
Yard improvement value
$3,700.00
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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 240 Alder Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $530.39 Style Cape Cod Age 1973 Rooms 8 Bedrooms 5 Full baths 3 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.44 Roof Cover WoodShingle AEM Value - Building $1,047,100.00 AEM Value - Land $1,311,000.00 AEM Value - Other $3,700.00 AEM Value - Total $2,361,800.00
A) 67 Santuit Road 0.4 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) 457 Wild Harbor Road 0.6 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
C) 5 Shaume Road 0.7 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
D) 18 Webster Street 0.8 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) 158 Westwood Road 0.8 7/17/2024 $5,850,000 4,231 $1382.65 Cape Cod 1984 7 4 2 1 Electric 0.72 Asphalt $1,242,300 $2,531,400 $0 $3,773,700
F) 3 Webster Street 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 240 Alder Lane 11/30/2018 $1,850,000 0 Cape Cod 3,488 0.44 5 3-1 -
  Criteria
A 67 Santuit Road 9/4/2024 $1,375,000 0.4 Cape Cod 3,740 0.33 4 3-1
B 457 Wild Harbor Road 10/10/2024 $4,650,000 0.6 Contemporary 2,906 2.05 3 2-1
C 5 Shaume Road 11/15/2024 $1,350,000 0.7 Ranch 3,428 0.27 4 1-1
D 18 Webster Street 9/19/2024 $1,621,250 0.8 Cape Cod 2,730 0.35 4 2-1
E 158 Westwood Road 7/17/2024 $5,850,000 0.8 Cape Cod 4,231 0.72 4 2-1
F 3 Webster Street 7/25/2024 $1,564,000 0.9 Contemporary 2,652 0.35 3 2-1
Averages 122 days $2,735,042 0.69 --- 3,281 0.68 --- ---  

Estimation of Market Value - $3,013,881

As of today, 01/09/2025, the estimated market value of 240 Alder Lane, North Falmouth considering the above 6 comparable properties is $3,013,881.

 

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
@ 240 Alder Lane 11/30/2018 $1,850,000 0 Cape Cod 3,488 0.44 5 3-1 -
  Criteria
A 248 Alder Lane 1/31/2018 $1,800,000 0.0 Cape Cod 3,405 0.41 4 3-0
B 236 Alder Lane 9/1/2020 $2,600,000 0.0 Cape Cod 3,652 0.36 5 4-1
C 247 Alder Lane 4/14/2010 $1 0.0 Cape Cod 2,586 0.36 5 2-1
D 229 Alder Lane 8/18/1997 $0 0.0 Raised Ranch 1,512 0.39 4 1-0
E 250 Alder Lane 1/27/2021 $80,000 0.0 0.38 0 0-0
F 232 Alder Lane 9/18/2012 $1,500,000 0.1 Custom 4,173 0.36 5 1-2
G 211 Alder Lane 6/29/2001 $455,000 0.1 Colonial 3,432 0.35 5 2-1
H 251 Alder Lane 11/23/2004 $1,100,000 0.1 Cape Cod 2,521 0.35 4 3-1
I 256 Alder Lane 3/1/2018 $1,975,000 0.1 Conventional 4,365 0.37 4 4-0
J 230 Alder Lane 11/22/2017 $100 0.1 Contemporary 9,690 0.53 5 6-2
K 220 Alder Lane 6/21/2018 $980,000 0.1 Contemporary 2,546 0.37 3 3-0
L 205 Alder Lane 12/12/1996 $0 0.1 Cape Cod 2,630 0.35 3 2-1
M 228 Alder Lane 4/15/2008 $100 0.1 Contemporary 3,383 0.46 4 2-1
N 224 Alder Lane 8/19/2011 $750,000 0.1 Ranch 1,929 0.38 3 2-1
O 214 Alder Lane 6/7/2000 $450,000 0.1 Contemporary 2,397 0.35 3 2-0
P 259 Alder Lane 11/14/2013 $100 0.1 Gambrel 2,448 0.35 3 3-0
Q 204 Alder Lane 12/9/2009 $530,000 0.1 Ranch 2,076 0.39 3 2-1
R 15 Buckthorn Lane 6/25/1999 $975,000 0.1 Contemporary 2,929 0.45 4 2-1
S 39 Inkberry Lane 12/28/2020 $100 0.1 Colonial 4,211 0.35 4 3-1
T 0 Bay Shore Drive 1/1/1953 $0 0.1 3.98 0 0-0
U 263 Alder Lane 12/9/2016 $100 0.1 Colonial 2,830 0.35 3 2-1
V 184 Alder Lane 9/22/2016 $1 0.1 Contemporary 2,174 0.37 3 2-1
W 12 Buckthorn Lane 9/12/2018 $1,495,000 0.1 Cape Cod 2,552 0.42 3 3-0
X 178 Alder Lane 4/6/2022 $1 0.1 Colonial 2,403 0.4 3 2-1
Y 270 Alder Lane 1/18/1974 $0 0.1 1.76 0 0-0
Z 190 Alder Lane 10/3/1994 $330,000 0.1 Cape Cod 2,647 0.39 3 3-0
- 0 Alder Lane 1/18/1974 $0 0.1 5.91 0 0-0
- 35 Inkberry Lane 12/28/2011 $100 0.1 Contemporary 2,728 0.35 3 3-1
- 11 Buckthorn Lane 6/16/1997 $740,000 0.1 Cape Cod 3,526 0.41 4 4-1
- 176 Alder Lane 5/19/2015 $1 0.1 Colonial 3,000 0.38 4 3-0
- 269 Alder Lane 1/29/2010 $1,525,000 0.1 Contemporary 4,820 0.35 5 1-1
- 197 Alder Lane 6/26/2013 $1 0.1 Contemporary 2,670 0.35 4 3-0
- 10 Buckthorn Lane 6/19/2019 $1,331,800 0.1 Contemporary 3,521 0.39 5 2-1
Averages 6470 days $564,164 0.08 --- 2,811 0.7 --- ---  
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 002A077 240 Alder Lane