554 West Falmouth Highway, Falmouth, MA 02540

554 West Falmouth Highway Falmouth MA 02540
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Owner Information
Owner 1
Andrew Park
Owner 2
Carole J Park
Owner's Address
12 Fairway Ln Falmouth, MA 02540
Market Sale Information
Most recent sale date
5/31/2022
Previous sale date
1/12/1983
Transfer document #
230097-
Previous transfer document
90733
Grantor
Gosnold Inc
Previous grantor
Most recent sale price
$654,000.00
Previous sale price
$0.00
Site Information
Property ID
24A 05 011 002
Lot Size
0.81
Use Code
101 - Residential, single family
Zoning
B3
Building Style
Contemporary
Number of Rooms
5
Stories
Number of Beds
3
Year Built
1965
Number of full baths
3
Condition
Average
Number of half baths
0
Finished Area
1641
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
Mansard
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
$318,600.00
Total value
$647,000.00
Building value
$322,500.00
Estimated tax
$4,063.00
Yard improvement value
$5,900.00
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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 554 West Falmouth Highway Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $398.54 Style Contemporary Age 1965 Rooms 5 Bedrooms 3 Full baths 3 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.81 Roof Cover Asphalt AEM Value - Building $322,500.00 AEM Value - Land $318,600.00 AEM Value - Other $5,900.00 AEM Value - Total $647,000.00
A) 45 Fairway Lane 0.5 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) 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
C) 716 West Falmouth Highway 0.6 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
D) 77 Chase Road 0.8 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
@ 554 West Falmouth Highway 5/31/2022 $654,000 0 Contemporary 1,641 0.81 3 3-0 -
  Criteria
A 45 Fairway Lane 4/19/2024 $915,000 0.5 Gambrel 1,950 1.11 3 1-1
B 8 Indian Mound Lane 5/24/2024 $615,000 0.5 Ranch 1,536 0.61 3 1-1
C 716 West Falmouth Highway 7/2/2024 $740,000 0.6 Cape Cod 1,383 0.34 2 0-1
D 77 Chase Road 6/11/2024 $1,355,000 0.8 Cape Cod 1,656 0.74 3 2-1
Averages 114 days $906,250 0.61 --- 1,631 0.7 --- ---  

Estimation of Market Value - $860,543

As of today, 09/20/2024, the estimated market value of 554 West Falmouth Highway, Falmouth considering the above 4 comparable properties is $860,543.

 

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
@ 554 West Falmouth Highway 5/31/2022 $654,000 0 Contemporary 1,641 0.81 3 3-0 -
  Criteria
A 0 Chapoquoit Road 7/9/1996 $0 0.0 0.34 0 0-0
B 17 Chapoquoit Road 2/15/2002 $0 0.0 Cape Cod 3,306 0.57 3 2-1
C 558 West Falmouth Highway 1/12/1983 $0 0.0 Conventional 9,298 2.97 14 6-3
D 544 West Falmouth Highway Unit 1U 4/29/2022 $450,000 0.1 Condo A 989 0 1 1-0
E 544 West Falmouth Highway Unit 2U 8/16/2013 $180,000 0.1 Condo A 942 0 1 1-1
F 544 West Falmouth Highway Unit 3U 9/11/2006 $439,000 0.1 Condo A 954 0 2 1-0
G 0 Chapoquoit Road 6/17/2022 $600,000 0.1 1.08 0 0-0
H 576 West Falmouth Highway 8/28/1969 $0 0.1 Conventional 1,362 1.9 0 1-0
I 10 Chapoquoit Road 6/22/2015 $1 0.1 Conventional 3,870 0.59 5 3-0
J 33 Chapoquoit Road 5/15/1985 $0 0.1 Cape Cod 2,450 0.82 4 2-1
K 18 Chapoquoit Road 10/16/1987 $209,000 0.1 Ranch 1,972 0.46 3 2-2
L 536 West Falmouth Highway 9/19/2023 $100 0.1 Conventional 2,830 0.5 5 3-0
M 24 Chapoquoit Road 9/7/2001 $0 0.1 Cape Cod 2,546 0.43 3 1-0
N 116 Old Dock Road 3/2/2001 $0 0.1 1.06 0 0-0
O 555 West Falmouth Highway 1/1/1900 $0 0.1 Fire Station 1,260 0.22 0 0-0
P 545 West Falmouth Highway Unit 1U 6/16/1997 $45,500 0.1 Condo A 1,248 0 2 1-1
Q 545 West Falmouth Highway Unit 2U 10/30/2020 $415,000 0.1 Condo A 1,872 0 2 1-1
R 545 West Falmouth Highway Unit 3U 1/31/2014 $189,000 0.1 Condo A 1,602 0 2 1-0
S 545 West Falmouth Highway Unit 4U 9/8/2000 $225,000 0.1 Condo A 1,140 0 2 2-0
T 549 West Falmouth Highway 2/1/2005 $575,000 0.1 Light Indust 7,358 0.5 0 0-2
U 112 Old Dock Road 3/16/2020 $100 0.1 1.58 0 0-0
V 120 Old Dock Road 7/1/1997 $725,000 0.1 Contemporary 4,076 1.52 4 3-1
W 572 West Falmouth Highway 1/1/1900 $0 0.1 Church 2,025 0.78 0 0-2
X 526 West Falmouth Highway 5/18/1984 $20,000 0.1 Colonial 1,768 1.36 3 2-0
Y 0 Bowline Road 8/21/2013 $1 0.1 2.8 0 0-0
Z 41 Chapoquoit Road 10/23/2015 $710,000 0.1 Cape Cod 1,886 0.16 2 1-0
- 0 West Falmouth Highway 6/7/1990 $0 0.1 0.17 0 0-0
- 561 West Falmouth Highway Unit AU 2/6/1996 $0 0.1 Condo A 723 0 1 1-0
- 561 West Falmouth Highway Unit BU 11/19/2010 $1 0.1 Condo A 555 0 1 1-0
- 561 West Falmouth Highway Unit CU 5/31/2017 $225,000 0.1 Condo A 999 0 1 1-0
- 561 West Falmouth Highway Unit EU 7/14/1989 $127,000 0.1 Condo A 745 0 2 1-0
- 561 West Falmouth Highway Unit FU 5/31/2017 $1 0.1 Condo A 639 0 1 1-0
- 537 West Falmouth Highway 9/27/2019 $100 0.1 Gambrel 2,176 1.22 4 2-1
- 14 Bakers Lane 8/26/2015 $10 0.1 Cape Cod 1,512 1.01 3 2-0
- 108 Old Dock Road 4/16/2020 $2,757,500 0.1 Custom 5,511 1.39 5 3-3
- 8 Blacksmith Shop Road 11/4/2019 $397,000 0.1 Conventional 2,616 0.22 2 1-1
- 136 Old Dock Road 12/14/2015 $100 0.1 Cape Cod 2,357 0.55 5 3-0
- 140 Old Dock Road 8/16/1996 $215,000 0.1 Cape Cod 1,796 0.56 5 3-0
- 130 Old Dock Road 4/8/2022 $1 0.1 Cape Cod 2,302 0.54 3 3-0
Averages 8716 days $218,062 0.09 --- 1,966 0.65 --- ---  
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
24A05 011 002 554 West Falmouth Highway