197 Alder Lane, North Falmouth, MA 02556

197 Alder Lane North Falmouth MA 02556
Owner Information
Owner 1
Karen E Martin
Owner 2
William H Martin
Owner's Address
24 Ingleside Rd Lexington, MA 02420-2522
Market Sale Information
Most recent sale date
6/26/2013
Previous sale date
10/10/1990
Transfer document #
200739-
Previous transfer document
121671
Grantor
Karen E Martin
Previous grantor
William H Martin
Most recent sale price
$1.00
Previous sale price
$0.00
Site Information
Property ID
13 02 002A 170
Lot Size
0.35
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Contemporary
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1980
Number of full baths
3
Condition
Average
Number of half baths
0
Finished Area
2670
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
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$453,500.00
Total value
$1,033,400.00
Building value
$570,600.00
Estimated tax
$6,489.00
Yard improvement value
$9,300.00
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 197 Alder Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Contemporary Age 1980 Rooms 7 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.35 Roof Cover Asphalt AEM Value - Building $570,600.00 AEM Value - Land $453,500.00 AEM Value - Other $9,300.00 AEM Value - Total $1,033,400.00
A) 122 Birch Lane 0.1 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
B) 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
C) 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
D) 12 Highcrest Road 0.8 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
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 0.9 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
@ 197 Alder Lane 6/26/2013 $1 0 Contemporary 2,670 0.35 4 3-0 -
  Criteria
A 122 Birch Lane 7/17/2024 $645,418 0.1 Contemporary 2,117 0.34 3 1-0
B 457 Wild Harbor Road 10/10/2024 $4,650,000 0.7 Contemporary 2,906 2.05 3 2-1
C 18 Webster Street 9/19/2024 $1,621,250 0.8 Cape Cod 2,730 0.35 4 2-1
D 12 Highcrest Road 1/3/2025 $1,600,000 0.8 Colonial 2,388 0.4 3 2-0
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 0.9 Colonial 2,600 1.99 4 3-0
Averages 108 days $1,910,945 0.67 --- 2,566 0.91 --- ---  

Estimation of Market Value - $1,659,342

As of today, 01/08/2025, the estimated market value of 197 Alder Lane, North Falmouth considering the above 6 comparable properties is $1,659,342.

 

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
@ 197 Alder Lane 6/26/2013 $1 0 Contemporary 2,670 0.35 4 3-0 -
  Criteria
A 193 Alder Lane 1/10/2012 $10 0.0 Contemporary 4,063 0.35 4 4-0
B 36 Inkberry Lane 8/9/2018 $1 0.0 Contemporary 2,615 0.35 3 1-0
C 39 Inkberry Lane 12/28/2020 $100 0.0 Colonial 4,211 0.35 4 3-1
D 10 Aspen Lane 9/11/2012 $10 0.0 Ranch 2,992 0.35 3 2-1
E 204 Alder Lane 12/9/2009 $530,000 0.0 Ranch 2,076 0.39 3 2-1
F 35 Inkberry Lane 12/28/2011 $100 0.0 Contemporary 2,728 0.35 3 3-1
G 9 Aspen Lane 3/27/2020 $826,200 0.0 Ranch 1,658 0.35 3 2-1
H 190 Alder Lane 10/3/1994 $330,000 0.0 Cape Cod 2,647 0.39 3 3-0
I 30 Inkberry Lane 6/28/2005 $100 0.0 Contemporary 3,462 0.35 3 2-0
J 189 Alder Lane 4/27/2007 $651,500 0.0 Cape Cod 2,194 0.35 3 2-1
K 205 Alder Lane 12/12/1996 $0 0.0 Cape Cod 2,630 0.35 3 2-1
L 8 Aspen Lane 12/20/2021 $950,000 0.1 Cape Cod 2,305 0.35 4 3-0
M 20 Inkberry Lane 3/24/2000 $0 0.1 Gambrel 3,010 0.34 5 3-0
N 31 Inkberry Lane 5/8/2015 $680,000 0.1 Cape Cod 2,485 0.36 4 3-0
O 7 Aspen Lane 7/27/2022 $1,514,000 0.1 Cape Cod 2,289 0.35 4 3-1
P 259 Alder Lane 11/14/2013 $100 0.1 Gambrel 2,448 0.35 3 3-0
Q 214 Alder Lane 6/7/2000 $450,000 0.1 Contemporary 2,397 0.35 3 2-0
R 185 Alder Lane 12/3/1996 $130,000 0.1 Contemporary 3,073 0.35 4 3-0
S 184 Alder Lane 9/22/2016 $1 0.1 Contemporary 2,174 0.37 3 2-1
T 263 Alder Lane 12/9/2016 $100 0.1 Colonial 2,830 0.35 3 2-1
U 14 Inkberry Lane 11/30/2023 $2,109,000 0.1 Contemporary 3,005 0.34 4 1-0
V 57 Sassafras Lane 2/29/2008 $100 0.1 Colonial 2,388 0.37 4 2-1
W 211 Alder Lane 6/29/2001 $455,000 0.1 Colonial 3,432 0.35 5 2-1
X 251 Alder Lane 11/23/2004 $1,100,000 0.1 Cape Cod 2,521 0.35 4 3-1
Y 55 Sassafras Lane 10/17/2024 $1,325,000 0.1 Contemporary 1,972 0.36 4 2-0
Z 2 Aspen Lane 4/27/2010 $650,000 0.1 Contemporary 2,408 0.36 5 3-2
- 27 Inkberry Lane 6/21/2017 $1 0.1 Ranch 2,309 0.42 3 3-0
- 5 Aspen Lane 7/16/2003 $0 0.1 Cape Cod 3,627 0.35 3 3-1
- 177 Alder Lane 3/2/2015 $1 0.1 Contemporary 2,283 0.35 3 2-1
- 269 Alder Lane 1/29/2010 $1,525,000 0.1 Contemporary 4,820 0.35 5 1-1
- 25 Inkberry Lane 2/24/2020 $650,000 0.1 Contemporary 1,590 0.36 3 0-1
- 45 Sassafras Lane 9/7/2016 $1 0.1 Cape Cod 2,495 0.36 4 2-1
- 21 Inkberry Lane 1/14/1996 $0 0.1 Cape Cod 2,341 0.35 4 3-1
- 8 Inkberry Lane 7/1/2019 $1 0.1 Colonial 2,320 0.34 3 3-1
- 220 Alder Lane 6/21/2018 $980,000 0.1 Contemporary 2,546 0.37 3 3-0
- 247 Alder Lane 4/14/2010 $1 0.1 Cape Cod 2,586 0.36 5 2-1
- 178 Alder Lane 4/6/2022 $1 0.1 Colonial 2,403 0.4 3 2-1
- 59 Sassafras Lane 5/27/2016 $470,000 0.1 Ranch 1,242 0.36 3 1-1
- 15 Inkberry Lane 12/18/1987 $133,500 0.1 Contemporary 2,396 0.34 4 2-1
- 256 Alder Lane 3/1/2018 $1,975,000 0.1 Conventional 4,365 0.37 4 4-0
- 31 Sassafras Lane 3/1/2023 $1 0.1 Cape Cod 2,566 0.34 3 3-1
- 275 Alder Lane 7/22/2016 $100 0.1 Contemporary 3,396 0.35 3 3-0
- 167 Alder Lane 12/8/2014 $615,000 0.1 Cape Cod 2,607 0.35 3 1-1
- 229 Alder Lane 8/18/1997 $0 0.1 Raised Ranch 1,512 0.39 4 1-0
- 176 Alder Lane 5/19/2015 $1 0.1 Colonial 3,000 0.38 4 3-0
- 9 Inkberry Lane 5/24/2019 $810,000 0.1 Ranch 2,368 0.34 3 2-0
- 250 Alder Lane 1/27/2021 $80,000 0.1 0.38 0 0-0
- 36 Sassafras Lane 2/26/2020 $10 0.1 Cape Cod 3,390 0.35 4 3-1
- 58 Sassafras Lane 5/9/2017 $100 0.1 Colonial 2,419 0.35 5 3-1
- 56 Sassafras Lane 9/27/2006 $780,000 0.1 Contemporary 3,436 0.35 4 3-1
- 122 Birch Lane 7/17/2024 $645,418 0.1 Contemporary 2,117 0.34 3 1-0
- 30 Sassafras Lane 11/7/1994 $0 0.1 Ranch 1,192 0.35 3 1-1
- 118 Birch Lane 4/19/2019 $1 0.1 Ranch 1,236 0.34 3 1-1
- 224 Alder Lane 8/19/2011 $750,000 0.1 Ranch 1,929 0.38 3 2-1
- 270 Alder Lane 1/18/1974 $0 0.1 1.76 0 0-0
- 130 Birch Lane 4/11/2005 $100 0.1 Contemporary 2,607 0.34 3 2-2
- 248 Alder Lane 1/31/2018 $1,800,000 0.1 Cape Cod 3,405 0.41 4 3-0
- 44 Sassafras Lane 6/13/2011 $450,000 0.1 Contemporary 1,602 0.35 3 2-0
- 174 Alder Lane 11/22/2010 $1 0.1 Contemporary 2,607 0.42 4 1-1
- 48 Sassafras Lane 4/23/2020 $615,000 0.1 Contemporary 1,997 0.35 3 2-1
- 112 Birch Lane 10/20/2011 $125,000 0.1 Cape Cod 1,952 0.36 3 2-0
- 240 Alder Lane 11/30/2018 $1,850,000 0.1 Cape Cod 3,488 0.44 5 3-1
- 3 Inkberry Lane 11/25/2020 $1 0.1 Cape Cod 2,632 0.41 3 2-1
- 136 Birch Lane 5/26/2022 $1,650,000 0.1 Contemporary 2,608 0.39 4 3-0
- 161 Alder Lane 12/8/2016 $527,000 0.1 Ranch 2,307 0.35 3 3-0
- 24 Sassafras Lane 6/19/2013 $275,000 0.1 Gambrel 2,320 0.35 4 2-1
- 166 Alder Lane 1/20/1980 $0 0.1 0.41 0 0-0
Averages 4839 days $423,993 0.08 --- 2,478 0.38 --- ---  
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 002A170 197 Alder Lane