8 Rainbow Avenue, East Falmouth, MA 02536

8 Rainbow Avenue East Falmouth MA 02536
Owner Information
Owner 1
Filomeno E Servino
Owner 2
Lourdes Servino V
Owner's Address
1 Lyndeboro St Charlestown, MA 02129-1605
Market Sale Information
Most recent sale date
3/13/2023
Previous sale date
6/13/2008
Transfer document #
35677-61
Previous transfer document
22977-219
Grantor
SERVINO ALEXANDER V
Previous grantor
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
20 06 060A 002B
Lot Size
0.35
Use Code
101 - Residential, single family
Zoning
AGA
Building Style
Raised Ranch
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1988
Number of full baths
1
Condition
Average
Number of half baths
1
Finished Area
1404
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
Hot Water
Roof Cover
Asphalt
Heating fuel
Oil
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$148,800.00
Total value
$477,500.00
Building value
$328,700.00
Estimated tax
$2,998.00
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 8 Rainbow Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Raised Ranch Age 1988 Rooms 6 Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.35 Roof Cover Asphalt AEM Value - Building $328,700.00 AEM Value - Land $148,800.00 AEM Value - Other $0.00 AEM Value - Total $477,500.00
A) 24 Rainbow Avenue 0.1 8/9/2024 $429,000 1,492 $287.53 Cape Cod 1988 6 3 2 0 Gas 0.36 Asphalt $291,200 $149,200 $0 $440,400
B) 739 Old Barnstable Road 0.1 4/16/2024 $652,000 1,272 $512.58 Cape Cod 1998 6 3 2 0 Oil 0.35 Asphalt $317,700 $148,500 $0 $466,200
C) 12 Elain Avenue 0.1 7/18/2024 $540,000 1,560 $346.15 Ranch 1973 7 4 1 1 Oil 0.34 Asphalt $286,500 $148,400 $1,600 $436,500
D) 82 Ashton Avenue 0.3 8/9/2024 $730,000 1,540 $474.03 Colonial 1985 6 3 1 1 Oil 0.37 Asphalt $307,200 $150,400 $0 $457,600
E) 135 Monhegan Road 0.5 3/22/2024 $639,000 1,630 $392.02 Ranch 1995 6 3 2 0 Gas 0.71 Asphalt $404,700 $166,000 $0 $570,700
F) 24 Hayway Road 0.8 6/27/2024 $595,000 1,244 $478.30 Ranch 1945 6 3 1 0 Oil 1.22 Asphalt $223,200 $138,800 $0 $362,000
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Rainbow Avenue 3/13/2023 $1 0 Raised Ranch 1,404 0.35 3 1-1 -
  Criteria
A 24 Rainbow Avenue 8/9/2024 $429,000 0.1 Cape Cod 1,492 0.36 3 2-0
B 739 Old Barnstable Road 4/16/2024 $652,000 0.1 Cape Cod 1,272 0.35 3 2-0
C 12 Elain Avenue 7/18/2024 $540,000 0.1 Ranch 1,560 0.34 4 1-1
D 82 Ashton Avenue 8/9/2024 $730,000 0.3 Colonial 1,540 0.37 3 1-1
E 135 Monhegan Road 3/22/2024 $639,000 0.5 Ranch 1,630 0.71 3 2-0
F 24 Hayway Road 6/27/2024 $595,000 0.8 Ranch 1,244 1.22 3 1-0
Averages 95 days $597,500 0.32 --- 1,456 0.56 --- ---  

Estimation of Market Value - $601,148

As of today, 09/19/2024, the estimated market value of 8 Rainbow Avenue, East Falmouth considering the above 6 comparable properties is $601,148.

 

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 Rainbow Avenue 3/13/2023 $1 0 Raised Ranch 1,404 0.35 3 1-1 -
  Criteria
A 12 Odonnell Avenue 5/29/1998 $119,000 0.0 Ranch 1,092 0.35 2 2-0
B 14 Rainbow Avenue 12/4/1995 $25,000 0.0 Cape Cod 1,813 0.35 3 2-1
C 757 Old Barnstable Road 1/29/2014 $297,500 0.0 Cape Cod 1,440 0.34 3 2-0
D 761 Old Barnstable Road 8/25/2000 $158,500 0.0 Cape Cod 1,224 0.34 3 2-0
E 4 Odonnell Avenue 7/16/2010 $1 0.0 Raised Ranch 3,292 0.34 3 2-0
F 9 Rainbow Avenue 6/19/2003 $334,500 0.0 Cape Cod 1,862 0.76 4 2-0
G 20 Odonnell Avenue 6/3/1986 $99,000 0.0 Ranch 1,280 0.36 3 2-0
H 20 Rainbow Avenue 12/15/2022 $10 0.0 Colonial 1,874 0.35 3 1-1
I 765 Old Barnstable Road 5/10/2019 $305,000 0.0 Ranch 1,184 0.34 2 1-0
J 11 Odonnell Avenue 11/30/1979 $35,000 0.0 Ranch 1,612 0.36 3 1-0
K 19 Rainbow Avenue 10/28/1994 $112,000 0.1 Cape Cod 1,746 0.4 3 2-0
L 743 Old Barnstable Road 5/5/2020 $100 0.1 Cape Cod 1,780 0.34 3 2-0
M 760 Old Barnstable Road 7/15/2009 $175,000 0.1 Cape Cod 1,034 0.56 2 2-0
N 2 Elain Avenue 3/29/2022 $360,000 0.1 Raised Ranch 880 0.36 3 2-0
O 24 Rainbow Avenue 8/9/2024 $429,000 0.1 Cape Cod 1,492 0.36 3 2-0
P 771 Old Barnstable Road 8/23/2007 $300,000 0.1 Ranch 1,032 0.34 3 1-0
Q 8 Raffi Avenue 1/1/1965 $0 0.1 0.38 0 0-0
R 4 Raffi Avenue 1/12/2015 $250,000 0.1 Ranch 1,040 0.38 3 2-0
S 7 Elain Avenue 4/28/2004 $10 0.1 Cape Cod 1,844 0.36 4 2-0
T 14 Raffi Avenue 1/1/1965 $0 0.1 0.38 0 0-0
U 764 Old Barnstable Road 9/29/2010 $1 0.1 Cape Cod 1,941 0.47 3 2-0
V 25 Odonnell Avenue 9/15/1999 $134,900 0.1 Cape Cod 1,573 0.34 4 2-0
W 739 Old Barnstable Road 4/16/2024 $652,000 0.1 Cape Cod 1,272 0.35 3 2-0
X 25 Rainbow Avenue 11/6/2015 $229,000 0.1 Ranch 960 0.38 3 1-0
Y 18 Raffi Avenue 6/15/2017 $1 0.1 Cape Cod 1,638 0.38 4 2-0
Z 775 Old Barnstable Road 3/1/2023 $515,000 0.1 Cape Cod 1,323 0.34 2 2-0
- 30 Rainbow Avenue 6/30/2017 $280,000 0.1 Ranch 1,040 0.38 3 1-0
- 12 Elain Avenue 7/18/2024 $540,000 0.1 Ranch 1,560 0.34 4 1-1
- 744 Old Barnstable Road 8/25/1998 $98,000 0.1 Cape Cod 1,110 0.83 3 1-0
- 31 Odonnell Avenue 3/1/1988 $128,500 0.1 Cape Cod 1,428 0.34 3 1-1
- 193 Kompass Drive 7/31/1991 $75,000 0.1 Cape Cod 1,155 0.54 4 2-0
- 11 Elain Avenue 2/28/1997 $115,000 0.1 Contemporary 1,388 0.51 3 2-0
- 735 Old Barnstable Road 6/21/2021 $10 0.1 Cape Cod 1,780 0.34 3 2-0
- 180 Kompass Drive 10/29/2021 $440,000 0.1 Cape Cod 1,155 0.48 4 2-0
- 22 Elain Avenue 2/24/2023 $552,000 0.1 Ranch 1,534 0.34 3 2-0
- 24 Raffi Avenue 5/2/1996 $100,000 0.1 Ranch 1,188 0.38 3 2-0
- 774 Old Barnstable Road 10/5/1998 $125,000 0.1 Cape Cod 1,638 0.46 4 2-0
- 31 Rainbow Avenue 9/28/2007 $1 0.1 Cape Cod 2,530 0.42 4 2-0
- 187 Kompass Drive 6/17/2019 $1 0.1 Cape Cod 1,255 0.53 4 2-0
- 781 Old Barnstable Road 4/25/1997 $116,000 0.1 Cape Cod 1,428 0.34 3 2-0
- 5 Raffi Avenue 5/18/2023 $1 0.1 Gambrel 1,856 0.48 3 2-0
- 11 Raffi Avenue 2/25/1997 $95,000 0.1 Cape Cod 2,030 0.38 3 2-0
- 36 Rainbow Avenue 8/17/1998 $118,900 0.1 Cape Cod 1,344 0.4 3 2-0
- 28 Elain Avenue 8/17/2015 $286,000 0.1 Cape Cod 1,344 0.34 3 2-0
- 37 Odonnell Avenue 10/15/1990 $103,525 0.1 Cape Cod 1,368 0.34 4 2-0
- 729 Old Barnstable Road 9/5/2002 $0 0.1 Cape Cod 1,638 0.34 3 2-0
- 17 Raffi Avenue 2/12/2003 $0 0.1 Cape Cod 1,820 0.38 4 2-0
- 15 Elain Avenue 1/27/2017 $100 0.1 Ranch 1,125 0.62 3 1-0
- 183 Kompass Drive 8/29/2022 $512,500 0.1 Cape Cod 1,777 0.47 4 2-0
- 30 Raffi Avenue 5/15/2014 $273,900 0.1 Cape Cod 1,462 0.45 3 1-1
- 21 Pinehurst Road 12/6/2004 $1 0.1 Cape Cod 2,938 0.47 3 2-0
- 15 Pinehurst Road 3/1/1984 $9,500 0.1 Cape Cod 1,786 0.48 3 2-0
- 5 Pinehurst Road 12/22/2015 $305,000 0.1 Cape Cod 1,531 0.48 3 2-0
- 17 Elain Avenue 6/15/2021 $1 0.1 Cape Cod 2,073 0.35 3 2-0
- 39 Rainbow Avenue 11/17/2015 $270,000 0.1 Cape Cod 1,758 0.38 2 3-0
- 778 Old Barnstable Road 7/27/2018 $300,000 0.1 Cape Cod 1,406 0.5 4 1-0
- 787 Old Barnstable Road 1/31/2003 $289,000 0.1 Cape Cod 1,788 0.34 4 2-0
- 21 Raffi Avenue 11/28/2018 $329,000 0.1 Ranch 1,167 0.38 3 1-0
- 172 Kompass Drive 1/27/2020 $10 0.1 Ranch 1,266 0.46 3 2-0
- 27 Pinehurst Road 5/24/2019 $1 0.1 Ranch 1,008 0.46 2 1-0
- 21 Elain Avenue 10/6/2021 $505,000 0.1 Cape Cod 1,813 0.34 4 2-0
- 32 Elain Avenue 12/16/1987 $47,000 0.1 Ranch 816 0.34 2 1-0
- 33 Pinehurst Road 9/27/2019 $375,000 0.1 Cape Cod 1,638 0.47 3 2-0
- 43 Odonnell Avenue 6/26/2019 $330,000 0.1 Cape Cod 1,344 0.34 2 2-0
- 40 Rainbow Avenue 10/25/2002 $219,000 0.1 Cape Cod 1,152 0.35 3 1-0
- 27 Elain Avenue 6/7/2018 $1 0.1 Cape Cod 1,666 0.34 4 2-0
Averages 6078 days $173,765 0.09 --- 1,475 0.41 --- ---  
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
20 06 060A002B 8 Rainbow Avenue