48 Lake Shore Drive North, East Falmouth, MA 02536

48 Lake Shore Drive North East Falmouth MA 02536
Owner Information
Owner 1
Benjamin S Hoffman Rev Trust
Owner 2
Owner's Address
189 N Main St Sharon, MA 02067
Market Sale Information
Most recent sale date
9/29/2023
Previous sale date
10/22/2021
Transfer document #
36010-78
Previous transfer document
34596-276
Grantor
LEAF STEVEN A
Previous grantor
Most recent sale price
$952,000.00
Previous sale price
$710,000.00
Site Information
Property ID
22 04 016 015A
Lot Size
0.31
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Ranch
Number of Rooms
5
Stories
Number of Beds
2
Year Built
1965
Number of full baths
1
Condition
Average
Number of half baths
0
Finished Area
1049
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Plaster
Floor type
WoodLaminate
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
$306,900.00
Total value
$726,000.00
Building value
$396,300.00
Estimated tax
$4,559.00
Yard improvement value
$22,800.00
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 48 Lake Shore Drive North Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $907.53 Style Ranch Age 1965 Rooms 5 Bedrooms 2 Full baths 1 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.31 Roof Cover Asphalt AEM Value - Building $396,300.00 AEM Value - Land $306,900.00 AEM Value - Other $22,800.00 AEM Value - Total $726,000.00
A) 234 Pinecrest Beach Drive 0.2 9/19/2024 $455,000 908 $501.10 Ranch 1960 4 2 1 0 Gas 0.25 Asphalt $207,800 $133,900 $600 $342,300
B) 203 Lake Shore Drive 0.4 5/8/2024 $650,000 1,088 $597.43 Ranch 1950 6 3 1 0 Gas 0.22 Asphalt $240,100 $293,300 $900 $534,300
C) 50 Round Pond Drive 0.5 8/16/2024 $630,000 884 $712.67 Ranch 1961 4 2 1 0 Oil 0.18 Asphalt $182,100 $129,300 $5,200 $316,600
D) 477 Sandwich Road 0.6 8/12/2024 $520,000 1,152 $451.39 Cape Cod 1977 7 4 1 0 Gas 0.35 Asphalt $229,000 $140,700 $2,000 $371,700
E) 365 Sandwich Road 0.9 7/25/2024 $265,000 1,068 $248.13 Cape Cod 1921 4 2 1 0 Gas 0.46 Asphalt $141,200 $148,500 $200 $289,900
F) 74 Meredith Drive 1.0 11/1/2024 $535,000 1,044 $512.45 Raised Ranch 1973 7 4 1 0 Gas 0.26 Asphalt $252,000 $134,500 $900 $387,400
G) 17 Meredith Drive 1.0 7/12/2024 $350,000 1,044 $335.25 Raised Ranch 1973 7 4 1 0 Oil 0.26 Asphalt $258,200 $134,600 $11,800 $404,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 48 Lake Shore Drive North 9/29/2023 $952,000 0 Ranch 1,049 0.31 2 1-0 -
  Criteria
A 234 Pinecrest Beach Drive 9/19/2024 $455,000 0.2 Ranch 908 0.25 2 1-0
B 203 Lake Shore Drive 5/8/2024 $650,000 0.4 Ranch 1,088 0.22 3 1-0
C 50 Round Pond Drive 8/16/2024 $630,000 0.5 Ranch 884 0.18 2 1-0
D 477 Sandwich Road 8/12/2024 $520,000 0.6 Cape Cod 1,152 0.35 4 1-0
E 365 Sandwich Road 7/25/2024 $265,000 0.9 Cape Cod 1,068 0.46 2 1-0
F 74 Meredith Drive 11/1/2024 $535,000 1.0 Raised Ranch 1,044 0.26 4 1-0
G 17 Meredith Drive 7/12/2024 $350,000 1.0 Raised Ranch 1,044 0.26 4 1-0
Averages 91 days $486,429 0.65 --- 1,027 0.28 --- ---  

Estimation of Market Value - $715,444

As of today, 11/08/2024, the estimated market value of 48 Lake Shore Drive North, East Falmouth considering the above 7 comparable properties is $715,444.

 

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
@ 48 Lake Shore Drive North 9/29/2023 $952,000 0 Ranch 1,049 0.31 2 1-0 -
  Criteria
A 44 Lake Shore Drive North 2/19/2020 $100 0.0 Custom 3,642 0.3 3 3-0
B 50 Lake Shore Drive North 5/7/2007 $100 0.0 Ranch 1,179 0.43 3 1-0
C 42 Lake Shore Drive North 10/25/2023 $100 0.0 Contemporary 1,806 0.28 3 2-0
D 18 Compass Circle 2/28/2014 $1 0.0 Ranch 792 0.33 2 1-0
E 52 Lake Shore Drive North 11/17/2015 $230,000 0.0 Ranch 956 0.17 2 2-0
F 38 Lake Shore Drive North 11/30/2020 $300,000 0.0 Ranch 736 0.27 2 1-0
G 45 Lake Shore Drive North 12/16/2021 $475,000 0.0 Cape Cod 1,764 0.2 3 2-0
H 47 Lake Shore Drive North 8/8/2011 $260,000 0.0 Cape Cod 2,226 0.18 1 2-0
I 8 Compass Circle 3/25/2015 $245,000 0.0 Ranch 996 0.28 2 2-0
J 39 Lake Shore Drive North 10/2/2019 $1 0.0 Ranch 1,304 0.2 1 1-0
K 34 Lake Shore Drive North 6/19/1989 $0 0.0 Ranch 1,614 0.26 3 2-0
L 54 Lake Shore Drive North 5/17/2018 $172,500 0.1 Cape Cod 1,589 0.19 3 2-0
M 9 Compass Circle 4/12/2013 $1 0.1 Ranch 1,052 0.24 2 2-0
N 37 Lake Shore Drive North 5/19/2023 $100 0.1 Ranch 616 0.2 2 1-0
O 210 Pinecrest Beach Drive 7/28/2022 $415,000 0.1 Ranch 792 0.25 3 1-0
P 2 Compass Circle 1/31/2019 $10 0.1 Ranch 1,664 0.24 2 2-0
Q 30 Lake Shore Drive North 8/19/2016 $100 0.1 Ranch 1,120 0.24 3 1-1
R 33 Lake Shore Drive North 6/3/2014 $1 0.1 Ranch 1,176 0.2 2 1-0
S 7 Compass Circle 3/1/2012 $385,000 0.1 Raised Ranch 1,446 0.25 3 2-0
T 28 Lake Shore Drive North 12/22/2022 $840,000 0.1 Colonial 4,177 0.22 5 2-2
U 29 Lake Shore Drive North 10/15/2021 $100 0.1 Ranch 864 0.2 2 1-0
V 193 Pinecrest Beach Drive 1/28/2010 $1 0.1 Cape Cod 1,404 0.28 3 1-1
W 3 Compass Circle 9/28/2007 $307,500 0.1 Ranch 912 0.3 3 1-0
X 5 Pinyon Way 10/19/2020 $100 0.1 Ranch 1,560 0.28 3 2-0
Y 191 Pinecrest Beach Drive 6/29/1998 $97,500 0.1 Ranch 900 0.28 2 1-0
Z 187 Pinecrest Beach Drive 10/21/2009 $100 0.1 Ranch 1,297 0.55 2 1-0
- 6 Pinyon Way 3/23/2018 $235,000 0.1 Ranch 1,548 0.46 4 2-1
- 207 Pinecrest Beach Drive 7/1/2021 $100 0.1 Ranch 792 0.27 2 1-0
- 209 Pinecrest Beach Drive 6/3/2022 $392,000 0.1 Ranch 836 0.25 2 1-0
- 24 Lake Shore Drive North 8/8/1997 $171,000 0.1 Colonial 3,946 0.2 4 4-0
- 27 Lake Shore Drive North 2/4/2020 $1 0.1 Cape Cod 864 0.2 1 1-0
- 215 Pinecrest Beach Drive 5/14/2019 $1 0.1 Ranch 792 0.25 2 1-0
- 14 Whitecaps Drive 1/11/1971 $0 0.1 Ranch 792 0.31 2 1-0
- 181 Pinecrest Beach Drive 1/28/2014 $1 0.1 Ranch 972 0.55 3 1-0
- 226 Pinecrest Beach Drive 10/31/2005 $279,000 0.1 Ranch 1,144 0.23 2 2-0
- 20 Lake Shore Drive North 9/3/2019 $10 0.1 Ranch 2,142 0.19 2 1-1
- 170 Pinecrest Beach Drive 5/5/2021 $450,000 0.1 Ranch 1,797 0.2 3 2-1
- 219 Pinecrest Beach Drive 6/1/2022 $100 0.1 Gambrel 1,550 0.25 3 2-0
- 175 Pinecrest Beach Drive 1/17/2008 $358,000 0.1 Cape Cod 1,771 0.28 2 1-0
- 18 Whitecaps Drive 1/4/2011 $1 0.1 Contemporary 888 0.3 4 1-0
- 11 Pinyon Way 1/23/2015 $215,000 0.1 Cape Cod 1,152 0.55 3 1-0
- 0 Fawn Circle 1/1/1973 $0 0.1 0.42 0 0-0
- 0 Sidewinder Road 1/1/1973 $0 0.1 0.04 0 0-0
- 11 Whitecaps Drive 8/3/1995 $80,000 0.1 Ranch 836 0.23 2 1-0
- 17 Fawn Circle 6/20/1985 $37,900 0.1 Cape Cod 1,188 0.5 3 1-1
- 14 Pinyon Way 12/28/2010 $255,000 0.1 Raised Ranch 1,290 0.46 3 2-0
- 0 Sidewinder Road 1/1/1973 $0 0.1 0.04 0 0-0
- 17 Lake Shore Drive North 1/28/2005 $105,000 0.1 0.21 0 0-0
- 225 Pinecrest Beach Drive 7/14/2017 $286,000 0.1 Ranch 836 0.24 2 1-0
- 15 Whitecaps Drive 7/8/1998 $124,000 0.1 Contemporary 1,492 0.23 3 1-1
- 12 Sidewinder Road 2/15/2023 $450,000 0.1 Cape Cod 1,152 0.62 2 1-0
- 22 Whitecaps Drive 10/27/2020 $100 0.1 Ranch 1,452 0.27 2 2-0
- 169 Pinecrest Beach Drive 1/25/2016 $169,500 0.1 Ranch 828 0.31 3 1-0
- 18 Lake Shore Drive North 3/12/2010 $10 0.1 Cape Cod 1,404 0.4 2 2-0
Averages 5142 days $135,853 0.08 --- 1,279 0.28 --- ---  
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
22 04 016 015A 48 Lake Shore Drive North