50 Friends Way, Falmouth, MA 02540

50 Friends Way Falmouth MA 02540
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Owner Information
Owner 1
Richard E Payne
Owner 2
Deborah Siegal
Owner's Address
P O Box 734 West Falmouth, MA 02574-0734
Market Sale Information
Most recent sale date
9/15/1992
Previous sale date
8/15/1986
Transfer document #
08204-0286
Previous transfer document
05247-0340
Grantor
B L Ricci Design Inc
Previous grantor
Barbara Ricci
Most recent sale price
$87,683.00
Previous sale price
$100,000.00
Site Information
Property ID
24 16 014 001
Lot Size
1.4
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Ranch
Number of Rooms
4
Stories
Number of Beds
2
Year Built
1993
Number of full baths
2
Condition
Average
Number of half baths
0
Finished Area
1788
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
Hot Water
Roof Cover
Asphalt
Heating fuel
Oil
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$367,000.00
Total value
$824,200.00
Building value
$456,200.00
Estimated tax
$5,175.00
Yard improvement value
$1,000.00
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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 50 Friends Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $49.04 Style Ranch Age 1993 Rooms 4 Bedrooms 2 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 1.4 Roof Cover Asphalt AEM Value - Building $456,200.00 AEM Value - Land $367,000.00 AEM Value - Other $1,000.00 AEM Value - Total $824,200.00
A) 95 Blacksmith Shop Road 0.2 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
B) 45 Fairway Lane 0.4 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
C) 8 Indian Mound Lane 0.5 5/24/2024 $615,000 1,536 $400.39 Ranch 1968 6 3 1 1 Gas 0.61 Asphalt $239,800 $278,200 $1,700 $519,700
D) 716 West Falmouth Highway 0.5 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
E) 77 Chase Road 0.7 6/11/2024 $1,355,000 1,656 $818.24 Cape Cod 1973 6 3 2 1 Gas 0.74 Asphalt $630,800 $373,000 $1,900 $1,005,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 50 Friends Way 9/15/1992 $87,683 0 Ranch 1,788 1.4 2 2-0 -
  Criteria
A 95 Blacksmith Shop Road 7/16/2024 $922,000 0.2 Ranch 2,068 1.12 5 2-0
B 45 Fairway Lane 4/19/2024 $915,000 0.4 Gambrel 1,950 1.11 3 1-1
C 8 Indian Mound Lane 5/24/2024 $615,000 0.5 Ranch 1,536 0.61 3 1-1
D 716 West Falmouth Highway 7/2/2024 $740,000 0.5 Cape Cod 1,383 0.34 2 0-1
E 77 Chase Road 6/11/2024 $1,355,000 0.7 Cape Cod 1,656 0.74 3 2-1
Averages 104 days $909,400 0.45 --- 1,719 0.78 --- ---  

Estimation of Market Value - $998,235

As of today, 09/20/2024, the estimated market value of 50 Friends Way, Falmouth considering the above 5 comparable properties is $998,235.

 

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
@ 50 Friends Way 9/15/1992 $87,683 0 Ranch 1,788 1.4 2 2-0 -
  Criteria
A 585 West Falmouth Highway 11/22/2013 $100 0.1 Conventional 2,603 1.02 4 3-1
B 0 Blacksmith Shop Road 3/6/1972 $0 0.1 6.41 0 0-0
C 0 West Falmouth Highway 4/29/1992 $0 0.1 0.61 0 0-0
D 37 Friends Way 5/2/2023 $10 0.1 Ranch 1,514 1.47 4 3-0
E 43 Friends Way 5/27/2005 $100 0.1 Ranch 1,662 1.18 3 2-0
F 597 West Falmouth Highway Unit 1AU 5/1/2012 $709,000 0.1 Condo A 2,420 0 2 2-1
G 597 West Falmouth Highway Unit 2AU 9/18/2015 $662,500 0.1 Condo A 1,775 0 2 2-1
H 597 West Falmouth Highway Unit 3AU 12/23/2021 $10 0.1 Condo A 2,439 0 2 2-1
I 597 West Falmouth Highway Unit 4AU 12/8/2020 $830,000 0.1 Condo A 1,775 0 2 1-1
J 597 West Falmouth Highway Unit 5AU 6/28/2021 $1,500,000 0.1 Condo A 2,344 0 2 2-2
K 597 West Falmouth Highway Unit 6AU 7/14/2023 $10 0.1 Condo A 2,425 0 3 2-1
L 597 West Falmouth Highway Unit 7AU 10/11/2022 $1,360,000 0.1 Condo A 2,407 0 2 2-1
M 597 West Falmouth Highway Unit 8AU 1/18/2018 $100 0.1 Condo A 2,344 0 2 2-1
N 597 West Falmouth Highway Unit 9AU 7/14/2022 $1,375,000 0.1 Condo A 2,376 0 3 2-1
O 597 West Falmouth Highway Unit 10AU 10/16/2012 $725,000 0.1 Condo A 2,313 0 2 2-1
P 597 West Falmouth Highway Unit 11AU 7/10/2024 $1,275,000 0.1 Condo A 1,775 0 2 1-1
Q 597 West Falmouth Highway Unit 12AU 4/1/2016 $740,000 0.1 Condo A 2,367 0 2 1-1
R 28 Blacksmith Shop Road 2/7/1974 $0 0.1 PublicSchool 1,440 0.48 0 0-2
S 70 Blacksmith Shop Road 4/15/2021 $100 0.1 Contemporary 5,815 1.29 4 4-2
T 50 Blacksmith Shop Road 2/18/2005 $375,000 0.1 Cape Cod 3,845 1.12 3 2-2
U 593 West Falmouth Highway 4/15/1994 $136,000 0.1 Office Build 1,104 0.34 0 0-1
V 605 West Falmouth Highway 6/13/2007 $545,000 0.1 Conventional 1,492 0.66 3 2-0
W 0 West Falmouth Highway 12/31/1990 $0 0.1 2.62 0 0-0
X 575 West Falmouth Highway 7/26/1894 $0 0.1 Library 4,096 1.3 0 0-6
Y 0 West Falmouth Highway 7/20/2020 $100 0.1 1.18 0 0-0
Z 64 Blacksmith Shop Road 3/21/2005 $525,000 0.1 Contemporary 5,777 0.92 4 3-1
- 84 Blacksmith Shop Road 6/16/2017 $1,050,000 0.1 Colonial 3,826 1.03 3 3-0
- 47 Friends Way 4/16/1993 $98,500 0.1 Cape Cod 3,522 1.21 3 2-1
- 611 West Falmouth Highway 8/28/2019 $800,000 0.1 Conventional 1,995 0.58 4 2-1
- 29 Blacksmith Shop Road 6/2/2004 $450,000 0.1 Ranch 1,664 0.9 3 3-0
- 39 Blacksmith Shop Road 2/2/2007 $350,000 0.1 Cape Cod 1,568 0.51 2 2-0
- 49 Blacksmith Shop Road 1/4/2022 $1 0.1 Contemporary 1,728 1.12 2 2-0
Averages 6546 days $422,079 0.09 --- 2,200 0.81 --- ---  
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 16 014 001 50 Friends Way