8 Studio Way, Falmouth, MA 02540

Owner Information
Owner 1
Alan G Clark
Owner 2
Helen E Clark
Owner's Address
P O Box 435 W Falmouth, MA 02574
Market Sale Information
Most recent sale date
5/9/2012
Previous sale date
3/31/2009
Transfer document #
197043-
Previous transfer document
188231
Grantor
Penelope S Hare
Previous grantor
Penelope Sinclair Hare
Most recent sale price
$650,000.00
Previous sale price
$1.00
Site Information
Property ID
14 17 000 030
Lot Size
1.08
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
8
Stories
Number of Beds
4
Year Built
2013
Number of full baths
2
Condition
Average
Number of half baths
1
Finished Area
3102
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
$1,033,400.00
Total value
$2,255,100.00
Building value
$1,215,700.00
Estimated tax
$14,162.00
Yard improvement value
$6,000.00
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 8 Studio Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $209.54 Style Colonial Age 2013 Rooms 8 Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 1.08 Roof Cover Asphalt AEM Value - Building $1,215,700.00 AEM Value - Land $1,033,400.00 AEM Value - Other $6,000.00 AEM Value - Total $2,255,100.00
A) 44 Little Island Road 0.2 10/18/2024 $600,000 2,340 $256.41 Cape Cod 1980 6 3 3 0 Electric 0.49 WoodShingle $435,400 $704,000 $5,900 $1,145,300
B) 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
C) 67 Quaker Road 0.3 10/18/2024 $1,300,000 2,600 $500.00 Cape Cod 1979 7 4 3 1 Oil 0.51 Asphalt $558,400 $312,200 $0 $870,600
D) 101 Old Dock Road 0.6 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
E) 114 Cliffwood Lane 0.7 9/25/2024 $1,325,000 2,372 $558.60 Cape Cod 1985 6 3 2 0 Oil 0.46 Asphalt $615,600 $305,300 $1,500 $922,400
F) 56 Brantwood Drive 0.9 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
G) 43 Brantwood Drive 0.9 11/6/2024 $300,000 2,936 $102.18 Cape Cod 1968 7 4 3 0 Oil 0.67 WoodShingle $524,400 $289,300 $0 $813,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Studio Way 5/9/2012 $650,000 0 Colonial 3,102 1.08 4 2-1 -
  Criteria
A 44 Little Island Road 10/18/2024 $600,000 0.2 Cape Cod 2,340 0.49 3 3-0
B 21 Snug Harbor Lane 6/24/2024 $5,000 0.3 Ranch 3,344 0.5 3 2-1
C 67 Quaker Road 10/18/2024 $1,300,000 0.3 Cape Cod 2,600 0.51 4 3-1
D 101 Old Dock Road 7/16/2024 $3,800,000 0.6 Cape Cod 2,703 0.54 3 2-1
E 114 Cliffwood Lane 9/25/2024 $1,325,000 0.7 Cape Cod 2,372 0.46 3 2-0
F 56 Brantwood Drive 7/26/2024 $975,000 0.9 Cape Cod 2,440 0.49 5 3-0
G 43 Brantwood Drive 11/6/2024 $300,000 0.9 Cape Cod 2,936 0.67 4 3-0
Averages 56 days $1,383,333 0.59 --- 2,565 0.53 --- ---  

Estimation of Market Value - $2,141,853

As of today, 11/13/2024, the estimated market value of 8 Studio Way, Falmouth considering the above 6 comparable properties is $2,141,853.

 

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
@ 8 Studio Way 5/9/2012 $650,000 0 Colonial 3,102 1.08 4 2-1 -
  Criteria
A 4 Studio Way 9/15/2021 $3,200,000 0.0 Cape Cod 3,535 1.48 3 2-1
B 12 Studio Way 10/28/2020 $1 0.0 Custom 5,741 1.95 3 2-2
C 0 Little Island Road 12/18/2002 $0 0.0 0.6 0 0-0
D 15 H Greycourt Lane 1/13/1994 $0 0.0 Cottage 700 0.97 2 1-1
E 16 Studio Way 9/16/2016 $2,598,000 0.1 Custom 3,968 0.85 3 0-2
F 3 Studio Way 2/9/1970 $0 0.1 0.47 0 0-0
G 1 Greycourt Lane 2/18/2021 $100 0.1 Cape Cod 2,916 1.09 4 3-1
H 0 Studio Way 10/27/1966 $0 0.1 0.08 0 0-0
I 94 Little Island Road 3/15/2018 $750,000 0.1 Ranch 1,239 1.41 2 1-1
J 10 Greycourt Lane 7/21/1999 $100 0.1 Ranch 1,080 0.52 3 1-1
K 26 Greycourt Lane 10/16/2023 $100 0.1 Custom 6,581 1.68 5 2-1
L 14 Greycourt Lane 4/27/2010 $1,300,000 0.1 Conventional 2,570 1.29 3 2-1
M 22 Greycourt Lane 4/8/2021 $10 0.1 Contemporary 2,186 0.61 2 2-0
N 18 Greycourt Lane 5/2/2012 $75,000 0.1 0.76 0 0-0
O 20 Studio Way 10/31/2011 $1 0.1 Ranch 2,646 2.18 4 1-1
P 0 Little Island Road 10/27/1966 $0 0.1 0.72 0 0-0
Q 108 Little Island Road 10/31/2011 $1 0.1 Custom 3,220 0.89 3 3-1
R 2 Greycourt Lane 12/11/2018 $100 0.1 Cape Cod 1,152 1.7 3 2-0
S 0 Little Island Road 1/23/1917 $0 0.1 0.01 0 0-0
T 6 Greycourt Lane 7/30/1999 $250,000 0.1 Bungalow 1,385 2.7 3 1-0
U 0 Little Island Road 1/1/1900 $0 0.1 0.03 0 0-0
V 68 Little Island Road 10/2/2019 $100 0.1 Contemporary 2,260 1.16 3 2-0
Averages 9987 days $371,523 0.08 --- 1,872 1.05 --- ---  
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 17 000 030 8 Studio Way