23 Fairway Lane, Falmouth, MA 02540

23 Fairway Lane Falmouth MA 02540
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Owner Information
Owner 1
Marvin D Grosslein
Owner 2
Avis A Grosslein
Owner's Address
23 Fairway Ln Falmouth, MA 02540-2007
Market Sale Information
Most recent sale date
3/22/2012
Previous sale date
Transfer document #
26176-333
Previous transfer document
Grantor
Marvin D Grosslein
Previous grantor
Most recent sale price
$10.00
Previous sale price
N/A
Site Information
Property ID
24 12 008 020A
Lot Size
1.32
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1973
Number of full baths
3
Condition
Average
Number of half baths
0
Finished Area
2240
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
Hot Water
Roof Cover
Asphalt
Heating fuel
Oil
Frame type
Wood
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$363,900.00
Total value
$857,000.00
Building value
$485,500.00
Estimated tax
$5,381.00
Yard improvement value
$7,600.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 23 Fairway Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1973 Rooms 7 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 1.32 Roof Cover Asphalt AEM Value - Building $485,500.00 AEM Value - Land $363,900.00 AEM Value - Other $7,600.00 AEM Value - Total $857,000.00
A) 45 Fairway Lane 0.1 4/19/2024 $915,000 1,950 $469.23 Gambrel 1976 6 3 1 1 Oil 1.11 Asphalt $423,800 $339,200 $0 $763,000
B) 95 Blacksmith Shop Road 0.3 7/16/2024 $922,000 2,068 $445.84 Ranch 1962 8 5 2 0 Gas 1.12 Asphalt $344,000 $326,400 $0 $670,400
C) 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
D) 56 Brantwood Drive 0.8 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
E) 26 Bob White Lane 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 23 Fairway Lane 3/22/2012 $10 0 Colonial 2,240 1.32 4 3-0 -
  Criteria
A 45 Fairway Lane 4/19/2024 $915,000 0.1 Gambrel 1,950 1.11 3 1-1
B 95 Blacksmith Shop Road 7/16/2024 $922,000 0.3 Ranch 2,068 1.12 5 2-0
C 101 Old Dock Road 7/16/2024 $3,800,000 0.6 Cape Cod 2,703 0.54 3 2-1
D 56 Brantwood Drive 7/26/2024 $975,000 0.8 Cape Cod 2,440 0.49 5 3-0
E 26 Bob White Lane 8/1/2024 $1,580,000 0.9 Cape Cod 1,795 0.64 4 2-1
Averages 79 days $1,638,400 0.53 --- 2,191 0.78 --- ---  

Estimation of Market Value - $1,406,508

As of today, 09/20/2024, the estimated market value of 23 Fairway Lane, Falmouth considering the above 5 comparable properties is $1,406,508.

 

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
Mailing Labels
  • 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
@ 23 Fairway Lane 3/22/2012 $10 0 Colonial 2,240 1.32 4 3-0 -
  Criteria
A 27 Fairway Lane 1/11/2019 $584,000 0.0 Colonial 2,052 0.95 4 1-1
B 0 Fairway Lane 3/22/2012 $10 0.0 1.76 0 0-0
C 46 Katelyn Hills Drive 10/22/2014 $100 0.0 Contemporary 2,830 0.69 4 3-0
D 18 Fairway Lane 9/1/1993 $170,000 0.0 Raised Ranch 1,152 0.53 4 2-0
E 38 Katelyn Hills Drive 12/12/2022 $1 0.1 Contemporary 2,952 0.71 3 3-2
F 52 Katelyn Hills Drive 7/5/2016 $100 0.1 Ranch 2,436 0.69 4 3-1
G 26 Fairway Lane 1/27/1969 $0 0.1 Cape Cod 1,848 0.72 4 2-0
H 35 Fairway Lane 8/11/2009 $384,000 0.1 Cape Cod 2,205 1.05 3 2-0
I 30 Katelyn Hills Drive 11/30/2015 $751,500 0.1 Ranch 3,620 0.7 3 2-1
J 58 Katelyn Hills Drive 11/29/2004 $750,000 0.1 Contemporary 2,917 0.73 4 3-0
K 14 Fairway Lane 1/12/2021 $100 0.1 Cape Cod 2,144 0.69 3 1-1
L 6 Fairway Lane 9/25/2015 $145,000 0.1 Cape Cod 2,184 0.48 3 2-1
M 10 Tee Way 2/8/1982 $0 0.1 Cape Cod 2,800 0.77 4 3-0
N 27 Frazar Road 8/16/2023 $100 0.1 Conventional 8,008 2.06 9 5-1
O 39 Katelyn Hills Drive 3/5/2010 $745,000 0.1 Contemporary 2,896 0.69 4 3-1
P 24 Katelyn Hills Drive 6/4/1997 $0 0.1 Cape Cod 3,175 0.69 4 3-1
Q 37 Katelyn Hills Drive 8/15/2011 $700,000 0.1 Cape Cod 3,345 0.69 3 3-0
R 40 Fairway Lane 10/10/2023 $1 0.1 Contemporary 3,322 0.85 3 2-1
S 47 Katelyn Hills Drive 6/10/2009 $1 0.1 Cape Cod 2,760 0.69 4 2-1
T 45 Fairway Lane 4/19/2024 $915,000 0.1 Gambrel 1,950 1.11 3 1-1
U 17 Frazar Road 12/19/2007 $1 0.1 Conventional 4,908 1.71 5 3-1
V 33 Katelyn Hills Drive 4/30/2010 $657,500 0.1 Cape Cod 2,725 0.69 3 3-1
W 39 Frazar Road 5/15/2017 $860,000 0.1 Contemporary 4,713 1.19 5 5-0
X 12 Fairway Lane 5/20/2015 $490,000 0.1 Cape Cod 1,940 1.28 3 2-0
Y 27 Katelyn Hills Drive 6/26/2007 $1 0.1 Contemporary 3,059 0.7 4 3-1
Z 55 Katelyn Hills Drive 5/3/2011 $100 0.1 Ranch 1,824 0.84 3 2-0
- 0 Tee Way 9/26/1997 $20,000 0.1 0.85 0 0-0
- 9 Tee Way 10/18/1971 $9,500 0.1 Contemporary 3,258 0.97 4 3-1
- 10 Katelyn Hills Drive 6/19/2020 $742,000 0.1 Ranch 1,796 0.7 3 2-0
- 28 Frazar Road 3/26/2018 $589,000 0.1 Ranch 2,892 0.54 3 3-0
- 819 Brick Kiln Road 7/22/1986 $0 0.1 Gambrel 957 0.99 1 1-0
Averages 5936 days $274,613 0.09 --- 2,667 0.89 --- ---  
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
24 12 008 020A 23 Fairway Lane