120 Colonial Way, Falmouth, MA 02540

120 Colonial Way Falmouth MA 02540
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Owner Information
Owner 1
Joseph E Higgins
Owner 2
Kristin R Higgins
Owner's Address
120 Colonial Way Falmouth, MA 02540
Market Sale Information
Most recent sale date
11/1/2018
Previous sale date
1/30/2007
Transfer document #
31637-213
Previous transfer document
21736-186
Grantor
John P Clancy
Previous grantor
David F Cox
Most recent sale price
$637,500.00
Previous sale price
$510,000.00
Site Information
Property ID
14 15A 001 097
Lot Size
0.47
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
7
Stories
Number of Beds
3
Year Built
1980
Number of full baths
2
Condition
Average
Number of half baths
1
Finished Area
2781
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
$306,600.00
Total value
$1,158,200.00
Building value
$851,600.00
Estimated tax
$7,273.00
Yard improvement value
$0.00
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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 120 Colonial Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $229.23 Style Cape Cod Age 1980 Rooms 7 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.47 Roof Cover Asphalt AEM Value - Building $851,600.00 AEM Value - Land $306,600.00 AEM Value - Other $0.00 AEM Value - Total $1,158,200.00
A) 56 Brantwood Drive 0.4 7/26/2024 $975,000 2,440 $399.59 Cape Cod 1984 8 5 3 0 Gas 0.49 Asphalt $462,600 $268,000 $0 $730,600
B) 21 Snug Harbor Lane 0.5 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
C) 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
D) 101 Old Dock Road 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 120 Colonial Way 11/1/2018 $637,500 0 Cape Cod 2,781 0.47 3 2-1 -
  Criteria
A 56 Brantwood Drive 7/26/2024 $975,000 0.4 Cape Cod 2,440 0.49 5 3-0
B 21 Snug Harbor Lane 6/24/2024 $5,000 0.5 Ranch 3,344 0.5 3 2-1
C 3 Webster Street 7/25/2024 $1,564,000 0.8 Contemporary 2,652 0.35 3 2-1
D 101 Old Dock Road 7/16/2024 $3,800,000 0.9 Cape Cod 2,703 0.54 3 2-1
Averages 60 days $2,113,000 0.70 --- 2,598 0.46 --- ---  

Estimation of Market Value - $1,972,456

As of today, 09/20/2024, the estimated market value of 120 Colonial Way, Falmouth considering the above 3 comparable properties is $1,972,456.

 

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
@ 120 Colonial Way 11/1/2018 $637,500 0 Cape Cod 2,781 0.47 3 2-1 -
  Criteria
A 128 Colonial Way 8/18/2009 $100 0.0 Contemporary 1,903 0.5 3 1-0
B 114 Colonial Way 5/17/2022 $1,226,000 0.0 Cape Cod 2,560 0.46 4 3-0
C 7 Samoset Lane 11/5/2021 $1 0.0 Cape Cod 2,278 0.52 4 2-1
D 6 Samoset Lane 12/16/2014 $1 0.0 Contemporary 2,330 0.84 3 2-1
E 123 Colonial Way 5/29/2002 $394,350 0.0 Contemporary 3,456 0.48 3 2-1
F 115 Colonial Way 8/14/2023 $1 0.0 Ranch 1,976 0.46 3 2-0
G 134 Colonial Way 6/21/2021 $100 0.0 Ranch 3,319 0.53 4 2-0
H 108 Colonial Way 4/28/2000 $277,500 0.1 Contemporary 2,136 0.49 3 2-0
I 129 Colonial Way 6/20/2003 $0 0.1 Contemporary 2,064 0.51 4 2-1
J 7 Pilgrim Path 7/16/2021 $1 0.1 Gambrel 2,062 0.51 3 1-0
K 109 Colonial Way 9/1/2023 $100 0.1 Gambrel 1,935 0.46 3 2-0
L 5 Samoset Lane 10/30/2023 $1 0.1 Gambrel 2,654 0.53 3 2-1
M 141 Cliffwood Lane 7/22/2016 $621,300 0.1 Colonial 2,183 0.52 3 2-1
N 59 Chase Road 9/19/2014 $518,000 0.1 Ranch 1,476 0.49 2 3-0
O 140 Colonial Way 11/6/2017 $665,000 0.1 Colonial 2,935 0.52 3 2-1
P 145 Cliffwood Lane 11/29/2007 $620,000 0.1 Colonial 2,951 0.46 4 3-0
Q 15 Pilgrim Path 11/28/2011 $460,000 0.1 Cape Cod 2,119 0.55 4 2-0
R 125 Cliffwood Lane 6/15/2006 $0 0.1 Split or Bi 1,860 0.48 5 2-1
S 65 Chase Road 7/31/2020 $527,000 0.1 Ranch 1,160 0.59 2 2-1
T 152 Colonial Way 6/21/2022 $1,575,000 0.1 Colonial 3,196 0.46 4 3-1
U 101 Colonial Way 5/1/2009 $459,000 0.1 Cape Cod 1,926 0.46 3 2-0
V 53 Chase Road 6/6/2003 $370,000 0.1 Ranch 2,472 0.5 4 2-0
W 139 Colonial Way 7/19/2016 $10 0.1 Cape Cod 2,267 0.49 4 2-0
X 121 Cliffwood Lane 6/7/2013 $1 0.1 Contemporary 2,340 0.52 3 2-1
Y 73 Chase Road 1/26/2016 $1 0.1 Contemporary 2,475 0.71 4 2-0
Z 4 Pilgrim Path 4/6/2021 $1 0.1 Contemporary 1,763 0.46 3 2-1
- 149 Cliffwood Lane 12/29/2016 $100 0.1 Contemporary 3,104 0.48 5 4-0
- 10 Pilgrim Path 7/29/2020 $565,000 0.1 Cape Cod 2,823 0.49 3 2-1
- 113 Cliffwood Lane 3/2/1998 $359,900 0.1 Cape Cod 2,797 0.49 3 3-1
- 136 Cliffwood Lane 3/5/2013 $100 0.1 Cape Cod 2,972 0.47 4 2-0
- 143 Colonial Way 1/19/2023 $100 0.1 Cape Cod 2,466 0.51 3 0-0
- 14 Pilgrim Path 1/21/2021 $100 0.1 Cape Cod 2,269 0.96 4 1-2
- 93 Colonial Way 6/28/2000 $165,000 0.1 Cape Cod 2,426 0.53 4 2-1
- 142 Cliffwood Lane 6/2/2017 $1 0.1 Cape Cod 1,900 0.53 3 2-0
- 128 Cliffwood Lane 1/2/2015 $100 0.1 Colonial 3,363 0.46 4 3-1
- 0 Colonial Way 7/24/1990 $0 0.1 3.26 0 0-0
- 77 Chase Road 6/11/2024 $1,355,000 0.1 Cape Cod 1,656 0.74 3 2-1
- 147 Colonial Way 1/31/1994 $0 0.1 Cape Cod 2,555 0.46 5 3-1
- 146 Cliffwood Lane 3/28/1996 $0 0.1 Cape Cod 1,917 0.55 3 3-0
- 60 Chase Road 1/28/2008 $645,000 0.1 Contemporary 2,112 0.9 3 3-0
- 153 Colonial Way 3/1/2005 $100 0.1 Cape Cod 3,478 0.5 4 3-0
- 122 Cliffwood Lane 10/6/2009 $1 0.1 Contemporary 3,226 0.46 3 2-2
- 107 Cliffwood Lane 5/24/2005 $100 0.1 Cape Cod 3,495 0.49 4 2-1
- 90 Colonial Way 5/17/2023 $100 0.1 Cape Cod 3,505 0.49 4 3-0
- 159 Colonial Way 5/16/2005 $527,500 0.1 Cape Cod 2,348 0.53 3 3-0
- 87 Colonial Way 8/8/2023 $1 0.1 Contemporary 4,541 0.76 4 4-0
Averages 4268 days $246,341 0.08 --- 2,451 0.6 --- ---  
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 097 120 Colonial Way