8 Indian Mound Lane, Falmouth, MA 02540

8 Indian Mound Lane Falmouth MA 02540
Owner Information
Owner 1
Richard William Peal
Owner 2
Patricia Marie Peal
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
5/24/2024
Previous sale date
4/15/2004
Transfer document #
36382-339
Previous transfer document
18458-107
Grantor
Marina Istchenko
Previous grantor
F James Rutherford
Most recent sale price
$615,000.00
Previous sale price
$345,000.00
Site Information
Property ID
23 01 002 002
Lot Size
0.61
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Ranch
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1968
Number of full baths
1
Condition
Average
Number of half baths
1
Finished Area
1536
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
Saltbox
Heating type
Hot Water
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$278,200.00
Total value
$519,700.00
Building value
$239,800.00
Estimated tax
$3,263.00
Yard improvement value
$1,700.00
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 Indian Mound Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $400.39 Style Ranch Age 1968 Rooms 6 Bedrooms 3 Full baths 1 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.61 Roof Cover Asphalt AEM Value - Building $239,800.00 AEM Value - Land $278,200.00 AEM Value - Other $1,700.00 AEM Value - Total $519,700.00
A) 26 Bob White Lane 0.8 8/1/2024 $1,580,000 1,795 $880.22 Cape Cod 1966 7 4 2 1 Oil 0.64 Asphalt $509,100 $787,200 $21,800 $1,318,100
B) 716 West Falmouth Highway 0.9 7/2/2024 $740,000 1,383 $535.07 Cape Cod 1948 6 2 0 1 Oil 0.34 Asphalt $376,800 $232,400 $0 $609,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 8 Indian Mound Lane 5/24/2024 $615,000 0 Ranch 1,536 0.61 3 1-1 -
  Criteria
A 26 Bob White Lane 8/1/2024 $1,580,000 0.8 Cape Cod 1,795 0.64 4 2-1
B 716 West Falmouth Highway 7/2/2024 $740,000 0.9 Cape Cod 1,383 0.34 2 0-1
Averages 65 days $1,160,000 0.88 --- 1,589 0.49 --- ---  

Estimation of Market Value - $873,451

As of today, 09/20/2024, the estimated market value of 8 Indian Mound Lane, Falmouth considering the above 2 comparable properties is $873,451.

 

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 Indian Mound Lane 5/24/2024 $615,000 0 Ranch 1,536 0.61 3 1-1 -
  Criteria
A 4 Indian Mound Lane 12/14/2010 $1 0.0 Cape Cod 2,106 0.53 3 2-1
B 55 Katelyn Hills Drive 5/3/2011 $100 0.0 Ranch 1,824 0.84 3 2-0
C 0 Brick Kiln Road 7/22/1986 $0 0.0 0.96 0 0-0
D 59 Katelyn Hills Drive 5/13/2019 $780,000 0.0 Contemporary 2,987 0.79 4 2-1
E 7 Indian Mound Lane 5/26/2006 $371,000 0.0 Ranch 1,296 0.95 4 2-1
F 47 Katelyn Hills Drive 6/10/2009 $1 0.1 Cape Cod 2,760 0.69 4 2-1
G 3 Indian Mound Lane 10/28/2019 $350,000 0.1 Ranch 1,368 0.86 3 1-0
H 70 Katelyn Hills Drive 5/15/2024 $1,370,000 0.1 Contemporary 3,928 0.94 3 2-2
I 39 Katelyn Hills Drive 3/5/2010 $745,000 0.1 Contemporary 2,896 0.69 4 3-1
J 819 Brick Kiln Road 7/22/1986 $0 0.1 Gambrel 957 0.99 1 1-0
K 58 Katelyn Hills Drive 11/29/2004 $750,000 0.1 Contemporary 2,917 0.73 4 3-0
L 823 Brick Kiln Road 7/22/1986 $0 0.1 Contemporary 1,722 0.72 2 2-0
M 794 Brick Kiln Road 11/22/1999 $0 0.1 Colonial 1,768 1.56 4 1-0
N 66 Katelyn Hills Drive 7/27/2000 $550,000 0.1 Contemporary 3,804 1.2 4 3-1
O 52 Katelyn Hills Drive 7/5/2016 $100 0.1 Ranch 2,436 0.69 4 3-1
P 37 Katelyn Hills Drive 8/15/2011 $700,000 0.1 Cape Cod 3,345 0.69 3 3-0
Q 0 Katelyn Hills Drive 5/13/2019 $100 0.1 2.13 0 0-0
R 812 Brick Kiln Road 4/9/2021 $475,000 0.1 2.98 0 0-0
S 46 Katelyn Hills Drive 10/22/2014 $100 0.1 Contemporary 2,830 0.69 4 3-0
T 33 Katelyn Hills Drive 4/30/2010 $657,500 0.1 Cape Cod 2,725 0.69 3 3-1
U 829 Brick Kiln Road 8/6/2010 $10 0.1 Cape Cod 1,228 0.92 4 1-1
V 35 Fairway Lane 8/11/2009 $384,000 0.1 Cape Cod 2,205 1.05 3 2-0
W 45 Fairway Lane 4/19/2024 $915,000 0.1 Gambrel 1,950 1.11 3 1-1
Averages 5610 days $349,909 0.08 --- 2,046 1.02 --- ---  
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
23 01 002 002 8 Indian Mound Lane