40 Cartway Lane, Falmouth, MA 02540

Owner Information
Owner 1
Eugene R Richard
Owner 2
Toby B Richard
Owner's Address
40 Cartway Ln Falmouth, MA 22540
Market Sale Information
Most recent sale date
9/30/1997
Previous sale date
5/6/1982
Transfer document #
10979-0308
Previous transfer document
03477-0017
Grantor
Willard L White
Previous grantor
Most recent sale price
$225,000.00
Previous sale price
$28,500.00
Site Information
Property ID
14 04 008A 008
Lot Size
0.51
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1985
Number of full baths
2
Condition
Average
Number of half baths
0
Finished Area
1456
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
Oil
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$312,000.00
Total value
$653,400.00
Building value
$341,400.00
Estimated tax
$4,103.00
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 40 Cartway Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $154.53 Style Cape Cod Age 1985 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.51 Roof Cover Asphalt AEM Value - Building $341,400.00 AEM Value - Land $312,000.00 AEM Value - Other $0.00 AEM Value - Total $653,400.00
A) 77 Chase Road 0.5 6/11/2024 $1,355,000 1,656 $818.24 Cape Cod 1973 6 3 2 1 Gas 0.74 Asphalt $630,800 $373,000 $1,900 $1,005,700
B) 716 West Falmouth Highway 0.7 7/2/2024 $740,000 1,383 $535.07 Cape Cod 1948 6 2 0 1 Oil 0.34 Asphalt $376,800 $232,400 $0 $609,200
C) 23 Old Forge Road 1.0 6/25/2024 $925,000 1,474 $627.54 Cape Cod 1984 6 3 2 1 Oil 0.52 Asphalt $419,100 $271,000 $5,900 $696,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Cartway Lane 9/30/1997 $225,000 0 Cape Cod 1,456 0.51 3 2-0 -
  Criteria
A 77 Chase Road 6/11/2024 $1,355,000 0.5 Cape Cod 1,656 0.74 3 2-1
B 716 West Falmouth Highway 7/2/2024 $740,000 0.7 Cape Cod 1,383 0.34 2 0-1
C 23 Old Forge Road 6/25/2024 $925,000 1.0 Cape Cod 1,474 0.52 3 2-1
Averages 90 days $1,006,667 0.72 --- 1,504 0.53 --- ---  

Estimation of Market Value - $914,109

As of today, 09/20/2024, the estimated market value of 40 Cartway Lane, Falmouth considering the above 3 comparable properties is $914,109.

 

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 Cartway Lane 9/30/1997 $225,000 0 Cape Cod 1,456 0.51 3 2-0 -
  Criteria
A 34 Cartway Lane 5/26/2021 $428,000 0.0 Gambrel 1,934 0.51 3 2-0
B 46 Cartway Lane 7/9/2020 $655,000 0.0 Colonial 1,778 0.49 3 1-1
C 43 Frederick Road 1/24/2018 $100 0.0 Ranch 2,315 0.57 3 1-1
D 39 Cartway Lane 4/29/2015 $508,000 0.0 Cape Cod 1,638 0.5 3 1-1
E 0 Frederick Road 9/29/2017 $165,000 0.0 0.6 0 0-0
F 33 Frederick Road 3/10/1997 $61,500 0.0 Cape Cod 1,176 0.48 1 1-0
G 45 Cartway Lane 10/17/2003 $1 0.0 Cape Cod 2,612 0.52 3 2-1
H 28 Cartway Lane 9/3/1999 $290,000 0.0 Colonial 2,846 0.52 4 2-0
I 50 Cartway Lane 8/26/2021 $100 0.0 Cape Cod 1,906 0.47 3 2-1
J 33 Cartway Lane 12/4/2015 $1 0.1 Cape Cod 1,942 0.51 3 2-0
K 25 Frederick Road 5/17/2013 $1 0.1 Cape Cod 1,568 0.45 3 1-1
L 49 Cartway Lane 1/28/2020 $1 0.1 Cape Cod 2,100 0.58 4 2-1
M 40 Frederick Road 9/18/2017 $425,000 0.1 Cape Cod 1,729 0.48 3 1-0
N 32 Frederick Road 11/12/2013 $380,000 0.1 Ranch 1,075 0.54 3 0-1
O 27 Cartway Lane 7/1/2021 $100 0.1 Ranch 2,156 0.51 3 2-0
P 51 Cartway Lane 5/28/2010 $397,500 0.1 Cape Cod 1,649 0.54 3 2-0
Q 50 Fox Lane 12/6/2019 $1 0.1 Cape Cod 2,124 0.49 4 3-0
R 22 Cartway Lane 2/27/2017 $860,000 0.1 Cape Cod 2,696 0.54 5 1-1
S 46 Fox Lane 11/2/1990 $172,500 0.1 Ranch 1,472 0.49 3 2-0
T 0 Hummingbird Hill Road 9/21/2005 $1 0.1 0.67 0 0-0
U 60 Fox Lane 4/5/2013 $527,550 0.1 Cape Cod 2,312 0.49 4 2-1
V 19 Frederick Road 5/17/2023 $840,000 0.1 Cape Cod 1,344 0.57 3 1-1
W 0 Frederick Road 7/9/2012 $1 0.1 0.53 0 0-0
X 19 Cartway Lane 3/14/2022 $1 0.1 Cape Cod 2,386 0.52 4 2-1
Y 40 Fox Lane 5/2/2008 $1 0.1 Cape Cod 1,974 0.49 3 2-0
Z 12 Edgehill Road 11/6/2020 $100 0.1 Cape Cod 2,313 0.62 3 1-0
- 7 Old Silver Lane 5/9/2003 $580,000 0.1 Contemporary 2,652 1.23 4 2-1
- 72 Fox Lane 7/22/2005 $565,000 0.1 Contemporary 1,989 0.49 4 3-0
- 14 Cartway Lane 12/5/2022 $10 0.1 Cape Cod 2,939 0.59 4 1-1
- 57 Frederick Road 6/21/2022 $580,000 0.1 Custom 3,238 1.53 4 3-1
- 25 Old Shore Road 3/27/2018 $1 0.1 Ranch 960 0.69 2 1-1
- 15 Frederick Road 11/15/1994 $0 0.1 Cape Cod 1,625 0.2 4 1-1
- 53 Fox Lane 8/10/1998 $265,000 0.1 Cape Cod 1,933 0.49 4 2-1
- 4 Hummingbird Hill Road 12/22/1977 $65,000 0.1 Cape Cod 2,058 0.57 4 2-0
- 59 Fox Lane 12/30/2019 $1 0.1 Cape Cod 1,918 0.49 3 2-0
- 45 Fox Lane 5/20/2015 $1 0.1 Ranch 1,624 0.49 3 2-0
- 30 Fox Lane 4/8/2014 $1 0.1 Cape Cod 1,578 0.49 3 1-1
- 15 Cartway Lane 6/17/1991 $217,500 0.1 Cape Cod 2,086 0.49 3 2-0
- 69 Fox Lane 5/18/2012 $457,000 0.1 Cape Cod 1,876 0.49 3 2-0
- 11 Frederick Road 2/15/2022 $10 0.1 Cape Cod 2,079 0.3 3 2-0
- 39 Fox Lane 6/23/2015 $525,000 0.1 Gambrel 1,946 0.49 4 2-0
- 80 Fox Lane 6/11/2018 $420,000 0.1 Ranch 2,176 0.51 3 0-1
- 10 Cartway Lane 8/12/2015 $10 0.1 Cape Cod 1,715 0.59 4 2-0
- 27 Old Shore Road 2/13/1996 $126,000 0.1 Cape Cod 900 0.34 3 1-0
Averages 4650 days $216,159 0.08 --- 1,826 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
14 04 008A008 40 Cartway Lane