40 Alder Lane, North Falmouth, MA 02556

40 Alder Lane North Falmouth MA 02556
Owner Information
Owner 1
Leslie B Shea
Owner 2
M Eileen Shea
Owner's Address
16 Harcourt St APT 4D Boston, MA 02116
Market Sale Information
Most recent sale date
6/28/2007
Previous sale date
9/25/1997
Transfer document #
22149-24
Previous transfer document
10970-0056
Grantor
Thomas P Barrasso
Previous grantor
Judith M Fagan
Most recent sale price
$875,000.00
Previous sale price
$345,000.00
Site Information
Property ID
13 02 002A 212A
Lot Size
0.39
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Contemporary
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1986
Number of full baths
4
Condition
Average
Number of half baths
1
Finished Area
2916
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
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$567,000.00
Total value
$1,385,300.00
Building value
$816,400.00
Estimated tax
$8,699.00
Yard improvement value
$1,900.00
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 40 Alder Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $300.07 Style Contemporary Age 1986 Rooms 7 Bedrooms 4 Full baths 4 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.39 Roof Cover Asphalt AEM Value - Building $816,400.00 AEM Value - Land $567,000.00 AEM Value - Other $1,900.00 AEM Value - Total $1,385,300.00
A) 29 Longview Road 0.6 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
B) 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
C) 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
D) 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
E) 216 North Falmouth Highway 0.8 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
F) 321 North Falmouth Highway 0.8 11/8/2024 $905,000 3,348 $270.31 Colonial 2000 9 4 2 1 Gas 0.71 Asphalt $680,500 $257,300 $0 $937,800
G) 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
H) 457 Wild Harbor Road 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Alder Lane 6/28/2007 $875,000 0 Contemporary 2,916 0.39 4 4-1 -
  Criteria
A 29 Longview Road 10/4/2024 $1,385,000 0.6 Colonial 2,600 1.99 4 3-0
B 5 Shaume Road 11/15/2024 $1,350,000 0.7 Ranch 3,428 0.27 4 1-1
C 18 Webster Street 9/19/2024 $1,621,250 0.7 Cape Cod 2,730 0.35 4 2-1
D 3 Webster Street 7/25/2024 $1,564,000 0.8 Contemporary 2,652 0.35 3 2-1
E 216 North Falmouth Highway 9/16/2024 $1,200,000 0.8 Gambrel 3,114 0.74 4 3-1
F 321 North Falmouth Highway 11/8/2024 $905,000 0.8 Colonial 3,348 0.71 4 2-1
G 12 Highcrest Road 1/3/2025 $1,600,000 0.9 Colonial 2,388 0.4 3 2-0
H 457 Wild Harbor Road 10/10/2024 $4,650,000 0.9 Contemporary 2,906 2.05 3 2-1
Averages 89 days $1,784,406 0.77 --- 2,896 0.86 --- ---  

Estimation of Market Value - $1,806,467

As of today, 01/09/2025, the estimated market value of 40 Alder Lane, North Falmouth considering the above 8 comparable properties is $1,806,467.

 

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
@ 40 Alder Lane 6/28/2007 $875,000 0 Contemporary 2,916 0.39 4 4-1 -
  Criteria
A 36 Alder Lane 7/1/2021 $1,000,000 0.0 Cape Cod 2,309 0.42 3 2-0
B 44 Alder Lane 4/13/2012 $10 0.0 Cape Cod 2,902 0.39 3 2-1
C 43 Alder Lane 4/26/2024 $1,600,000 0.0 Contemporary 2,154 0.34 3 2-0
D 34 Alder Lane 5/21/1987 $275,000 0.0 Contemporary 2,338 0.36 4 3-1
E 50 Alder Lane 12/3/2002 $0 0.0 0.37 0 0-0
F 35 Alder Lane 4/10/2017 $710,000 0.0 Cape Cod 2,086 0.36 4 1-1
G 36-C Alder Lane 10/1/2018 $558,000 0.0 Colonial 1,684 1.27 2 2-1
H 55 Alder Lane 6/1/2021 $1 0.0 Colonial 1,708 0.34 4 2-0
I 30 Alder Lane 1/30/2023 $1 0.1 Colonial 2,856 0.35 3 3-0
J 56 Alder Lane 12/3/2002 $0 0.1 Cape Cod 2,532 0.36 4 4-0
K 21 Alder Lane 12/15/2000 $327,000 0.1 Ranch 1,384 0.34 2 2-0
L 15 Ironwood Lane 9/25/2012 $595,000 0.1 Cape Cod 2,728 0.38 3 2-0
M 59 Alder Lane 9/5/2013 $1 0.1 Cape Cod 2,934 0.35 3 3-0
N 36-B Alder Lane 10/25/2000 $0 0.1 Conventional 1,912 1.3 3 1-1
O 13 Ironwood Lane 8/2/2019 $345,000 0.1 Ranch 2,694 0.35 3 1-2
P 24 Alder Lane 9/5/2007 $630,000 0.1 Cape Cod 2,433 0.35 3 2-1
Q 64 Alder Lane 11/12/2020 $775,000 0.1 Ranch 1,869 0.36 2 1-1
R 15 Alder Lane 6/27/2014 $585,125 0.1 Ranch 1,836 0.34 3 2-0
S 61 Alder Lane 11/30/2017 $100 0.1 Colonial 2,254 0.36 3 1-0
T 16 Ironwood Lane 2/24/2004 $495,000 0.1 Ranch 1,196 0.39 3 1-0
U 74 Alder Lane 7/31/2020 $1,125,000 0.1 Contemporary 2,653 0.35 4 1-1
V 82 Alder Lane 6/15/2012 $750,000 0.1 Contemporary 2,577 0.44 3 2-1
W 9 Ironwood Lane 8/12/2020 $865,000 0.1 Contemporary 3,510 0.42 3 2-0
X 88 Alder Lane 6/24/2008 $615,000 0.1 Contemporary 2,728 0.44 4 2-0
Y 104 Alder Lane 11/9/1992 $278,000 0.1 Cape Cod 2,505 0.39 4 2-1
Z 108 Alder Lane 12/20/1991 $300,000 0.1 Colonial 2,144 0.35 3 2-1
- 16 Alder Lane 6/30/2005 $740,000 0.1 Contemporary 1,954 0.34 3 2-1
- 63 Alder Lane 1/31/2005 $654,800 0.1 Colonial 3,852 0.37 5 2-0
- 96 Alder Lane 7/15/2008 $527,500 0.1 Ranch 1,612 0.4 3 1-0
- 0 Quaker Road 11/1/1988 $0 0.1 2.41 0 0-0
- 532 Quaker Road 6/21/2010 $358,000 0.1 Contemporary 1,508 0.36 2 2-0
- 536 Quaker Road 12/7/1990 $207,000 0.1 Contemporary 2,060 0.28 3 2-0
- 9 Alder Lane 2/26/2021 $1 0.1 Gambrel 2,025 0.35 4 2-0
- 14 Ironwood Lane 1/8/2021 $100 0.1 Cape Cod 1,924 0.37 3 2-0
- 540 Quaker Road 6/2/1975 $0 0.1 Ranch 1,144 0.41 3 1-0
- 110 Alder Lane 4/29/2024 $1,700,000 0.1 Contemporary 2,216 0.37 3 2-0
- 67 Alder Lane 6/14/2018 $715,000 0.1 Ranch 2,371 0.4 3 2-1
- 526 Quaker Road 12/1/2010 $1 0.1 0.74 0 0-0
- 10 Alder Lane 1/18/2017 $1 0.1 Cape Cod 2,670 0.35 3 2-1
- 54 Birch Lane 7/15/2015 $785,000 0.1 Cape Cod 2,602 0.47 4 1-1
- 572 Quaker Road 1/18/1974 $0 0.1 2.5 0 0-0
- 3 Ironwood Lane 7/26/2021 $919,000 0.1 Ranch 1,960 0.4 3 2-0
- 548 Quaker Road 11/20/2020 $700,000 0.1 Contemporary 1,862 0.31 3 3-1
- 71 Alder Lane 5/16/2011 $493,447 0.1 Colonial 3,711 0.4 4 4-1
- 2 Ironwood Lane 10/4/2005 $650,000 0.1 Ranch 2,175 0.46 3 1-0
Averages 5581 days $450,624 0.09 --- 2,079 0.51 --- ---  
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 002A212A 40 Alder Lane