20 Studio Way, Falmouth, MA 02540

Owner Information
Owner 1
Wealth Truist
Owner 2
Trust For R L Ellis Jr
Owner's Address
C/O Ryan LLC, P O Box 460069 Dept 124 Houston, TX 77056
Market Sale Information
Most recent sale date
10/31/2011
Previous sale date
12/15/1994
Transfer document #
195547-
Previous transfer document
135822
Grantor
Company Bank Trust
Previous grantor
Martha H Ellis
Most recent sale price
$1.00
Previous sale price
$0.00
Site Information
Property ID
14 17 003 044
Lot Size
2.18
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Ranch
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1948
Number of full baths
1
Condition
Average
Number of half baths
1
Finished Area
2646
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
2
Interior walls
Drywall
Floor type
Hardwood
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
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$3,367,900.00
Total value
$3,960,100.00
Building value
$592,200.00
Estimated tax
$24,869.00
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 20 Studio Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Ranch Age 1948 Rooms 7 Bedrooms 4 Full baths 1 Half baths 1 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 2.18 Roof Cover Asphalt AEM Value - Building $592,200.00 AEM Value - Land $3,367,900.00 AEM Value - Other $0.00 AEM Value - Total $3,960,100.00
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) 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
C) 101 Old Dock Road 0.7 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
D) 114 Cliffwood Lane 0.8 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
E) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 20 Studio Way 10/31/2011 $1 0 Ranch 2,646 2.18 4 1-1 -
  Criteria
A 44 Little Island Road 10/18/2024 $600,000 0.2 Cape Cod 2,340 0.49 3 3-0
B 67 Quaker Road 10/18/2024 $1,300,000 0.3 Cape Cod 2,600 0.51 4 3-1
C 101 Old Dock Road 7/16/2024 $3,800,000 0.7 Cape Cod 2,703 0.54 3 2-1
D 114 Cliffwood Lane 9/25/2024 $1,325,000 0.8 Cape Cod 2,372 0.46 3 2-0
E 56 Brantwood Drive 7/26/2024 $975,000 0.9 Cape Cod 2,440 0.49 5 3-0
Averages 66 days $1,600,000 0.59 --- 2,491 0.5 --- ---  

Estimation of Market Value - $3,342,250

As of today, 11/13/2024, the estimated market value of 20 Studio Way, Falmouth considering the above 5 comparable properties is $3,342,250.

 

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
@ 20 Studio Way 10/31/2011 $1 0 Ranch 2,646 2.18 4 1-1 -
  Criteria
A 16 Studio Way 9/16/2016 $2,598,000 0.0 Custom 3,968 0.85 3 0-2
B 108 Little Island Road 10/31/2011 $1 0.0 Custom 3,220 0.89 3 3-1
C 0 Little Island Road 8/6/1993 $0 0.0 1.1 0 0-0
D 12 Studio Way 10/28/2020 $1 0.1 Custom 5,741 1.95 3 2-2
E 0 Little Island Road 12/18/2002 $0 0.1 0.6 0 0-0
F 94 Little Island Road 3/15/2018 $750,000 0.1 Ranch 1,239 1.41 2 1-1
G 0 Little Island Road 1/23/1917 $0 0.1 0.01 0 0-0
H 0 Little Island Road 8/6/1993 $0 0.1 1.38 0 0-0
I 8 Studio Way 5/9/2012 $650,000 0.1 Colonial 3,102 1.08 4 2-1
J 0 Studio Way 10/27/1966 $0 0.1 0.08 0 0-0
K 0 Little Island Road 1/1/1900 $0 0.1 0.03 0 0-0
L 1 Greycourt Lane 2/18/2021 $100 0.1 Cape Cod 2,916 1.09 4 3-1
M 15 H Greycourt Lane 1/13/1994 $0 0.1 Cottage 700 0.97 2 1-1
Averages 12760 days $307,546 0.08 --- 1,607 0.88 --- ---  
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 17 003 044 20 Studio Way