71 Colonial Way, Falmouth, MA 02540

Owner Information
Owner 1
Philip B Duffy
Owner 2
Lauren Lempert
Owner's Address
220 1 N 52 NW APT 301 Washington, DC 20037
Market Sale Information
Most recent sale date
1/23/2015
Previous sale date
6/17/2005
Transfer document #
28647-1
Previous transfer document
19944-233
Grantor
Christopher R German
Previous grantor
Thomas J Murphy
Most recent sale price
$625,000.00
Previous sale price
$759,900.00
Site Information
Property ID
14 15A 001 026
Lot Size
0.46
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Gambrel
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1986
Number of full baths
2
Condition
Average
Number of half baths
0
Finished Area
3313
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
Gambrel
Heating type
Hot Water
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$305,700.00
Total value
$1,032,100.00
Building value
$726,400.00
Estimated tax
$6,481.00
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 71 Colonial Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $188.65 Style Gambrel Age 1986 Rooms 7 Bedrooms 4 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.46 Roof Cover Asphalt AEM Value - Building $726,400.00 AEM Value - Land $305,700.00 AEM Value - Other $0.00 AEM Value - Total $1,032,100.00
A) 21 Snug Harbor Lane 0.3 6/24/2024 $5,000 3,344 $1.50 Ranch 1961 6 3 2 1 Gas 0.5 Asphalt $530,200 $857,600 $0 $1,387,800
B) 101 Old Dock Road 0.8 7/16/2024 $3,800,000 2,703 $1405.85 Cape Cod 2005 8 3 2 1 Gas 0.54 Asphalt $841,300 $1,845,100 $0 $2,686,400
C) 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
@ 71 Colonial Way 1/23/2015 $625,000 0 Gambrel 3,313 0.46 4 2-0 -
  Criteria
A 21 Snug Harbor Lane 6/24/2024 $5,000 0.3 Ranch 3,344 0.5 3 2-1
B 101 Old Dock Road 7/16/2024 $3,800,000 0.8 Cape Cod 2,703 0.54 3 2-1
C 3 Webster Street 7/25/2024 $1,564,000 0.9 Contemporary 2,652 0.35 3 2-1
Averages 62 days $2,682,000 0.83 --- 2,678 0.45 --- ---  

Estimation of Market Value - $2,421,676

As of today, 09/20/2024, the estimated market value of 71 Colonial Way, Falmouth considering the above 2 comparable properties is $2,421,676.

 

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
@ 71 Colonial Way 1/23/2015 $625,000 0 Gambrel 3,313 0.46 4 2-0 -
  Criteria
A 79 Colonial Way 2/28/2002 $0 0.0 Ranch 1,764 0.47 3 2-0
B 63 Colonial Way 10/15/2021 $10 0.0 Ranch 2,326 0.47 3 4-1
C 70 Colonial Way 5/3/2022 $735,000 0.0 Cape Cod 1,960 0.49 4 2-1
D 76 Colonial Way 11/24/2015 $1 0.0 Contemporary 1,764 0.6 3 2-0
E 0 Chase Road 12/8/2006 $169,250 0.1 0.61 0 0-0
F 83 Colonial Way 6/2/2020 $10 0.1 Colonial 2,124 0.55 3 2-0
G 64 Colonial Way 12/13/2011 $487,500 0.1 Colonial 2,388 0.57 3 2-0
H 84 Colonial Way 8/21/2020 $680,000 0.1 Cape Cod 2,114 0.48 3 2-1
I 58 Colonial Way 5/17/2016 $100 0.1 Colonial 1,758 0.58 4 2-0
J 71 Hidden Village Road 5/15/2012 $486,600 0.1 Cape Cod 1,862 1.18 3 2-0
K 37 Shapquit Bars Road 10/10/1997 $670,000 0.1 5.39 0 0-0
L 93 Chase Road 6/28/1996 $0 0.1 Contemporary 1,584 0.58 2 2-0
M 87 Colonial Way 8/8/2023 $1 0.1 Contemporary 4,541 0.76 4 4-0
N 0 Colonial Way 2/24/2006 $0 0.1 0.85 0 0-0
O 90 Colonial Way 5/17/2023 $100 0.1 Cape Cod 3,505 0.49 4 3-0
P 36 Shapquit Bars Road 12/19/1995 $0 0.1 Ranch 2,012 1 5 3-0
Q 10 Governor Bradford Lane 1/17/1992 $0 0.1 Cape Cod 2,311 0.64 3 2-0
R 50 Colonial Way 4/12/2019 $589,000 0.1 Ranch 1,224 0.68 3 1-0
S 100 Chase Road 5/16/2022 $1 0.1 Contemporary 3,008 0.93 4 3-0
T 93 Colonial Way 6/28/2000 $165,000 0.1 Cape Cod 2,426 0.53 4 2-1
U 67 Hidden Village Road 6/25/2014 $289,000 0.1 Colonial 2,656 0.5 3 2-1
V 85 Chase Road 12/3/2021 $100 0.1 Contemporary 1,728 0.55 2 2-0
W 80 Hidden Village Road 11/4/2015 $100 0.1 Contemporary 1,624 1.39 3 2-1
X 24 Shapquit Bars Circle 11/18/1994 $178,500 0.1 Gambrel 1,986 0.46 3 3-0
Y 16 Governor Bradford Lane 6/1/1979 $87,500 0.1 Gambrel 4,550 0.47 5 4-0
Z 77 Chase Road 6/11/2024 $1,355,000 0.1 Cape Cod 1,656 0.74 3 2-1
- 20 Shapquit Bars Circle 6/29/2022 $10 0.1 Cape Cod 2,262 0.47 4 2-0
- 63 Hidden Village Road 8/31/2006 $291,000 0.1 Ranch 640 0.48 1 1-0
- 44 Colonial Way 12/9/2003 $408,000 0.1 Cape Cod 1,678 0.54 3 2-0
- 0 Chase Road 5/16/2022 $1 0.1 0.9 0 0-0
- 4 Pilgrim Path 4/6/2021 $1 0.1 Contemporary 1,763 0.46 3 2-1
- 29 Shapquit Bars Road 6/13/1994 $257,000 0.1 Cape Cod 2,436 0.67 3 1-1
- 101 Colonial Way 5/1/2009 $459,000 0.1 Cape Cod 1,926 0.46 3 2-0
- 20 Kelvin Grove 1/5/2022 $10 0.1 Cape Cod 2,162 0.52 3 3-0
- 47 Shapquit Bars Road 10/10/1997 $670,000 0.1 Cape Cod 3,720 3.6 4 4-1
- 39 Colonial Way 9/25/1978 $14,300 0.1 Ranch 2,038 0.47 3 2-0
- 10 Pilgrim Path 7/29/2020 $565,000 0.1 Cape Cod 2,823 0.49 3 2-1
Averages 5288 days $231,273 0.09 --- 2,009 0.84 --- ---  
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 15A001 026 71 Colonial Way