38 Mares Pond Drive, East Falmouth, MA 02536

38 Mares Pond Drive East Falmouth MA 02536
Owner Information
Owner 1
Welch David B Mark
Owner 2
Welch Jessica L Mark
Owner's Address
38 Mares Pond Dr East Falmouth, MA 02536-5038
Market Sale Information
Most recent sale date
3/2/2021
Previous sale date
3/19/2002
Transfer document #
33850-96
Previous transfer document
14946-0329
Grantor
Welch Mark
Previous grantor
Robert C Beardsley
Most recent sale price
$100.00
Previous sale price
$334,000.00
Site Information
Property ID
27 03 008 017
Lot Size
0.42
Use Code
101 - Residential, single family
Zoning
AGA
Building Style
Contemporary
Number of Rooms
4
Stories
Number of Beds
2
Year Built
1977
Number of full baths
1
Condition
Average
Number of half baths
1
Finished Area
1744
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
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$269,500.00
Total value
$604,500.00
Building value
$332,500.00
Estimated tax
$3,796.00
Yard improvement value
$2,500.00
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 38 Mares Pond Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.06 Style Contemporary Age 1977 Rooms 4 Bedrooms 2 Full baths 1 Half baths 1 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.42 Roof Cover Asphalt AEM Value - Building $332,500.00 AEM Value - Land $269,500.00 AEM Value - Other $2,500.00 AEM Value - Total $604,500.00
A) 50 Clearwater Drive 0.9 8/16/2024 $599,000 1,428 $419.47 Cape Cod 1986 7 4 1 1 Oil 0.48 Asphalt $298,400 $150,200 $0 $448,600
B) 22 Green Acre Road 0.9 5/24/2024 $25,000 2,028 $12.33 Cape Cod 1968 6 3 2 0 Oil 0.37 Asphalt $435,300 $142,300 $0 $577,600
C) 123 Homestead Lane 1.0 4/4/2024 $585,000 1,344 $435.27 Cape Cod 1965 7 4 2 0 Gas 0.24 Asphalt $288,600 $141,000 $3,400 $433,000
D) 21 Pine Hollow Road 1.0 7/12/2024 $540,000 1,872 $288.46 Ranch 1971 6 3 2 0 Electric 0.84 Asphalt $253,500 $174,600 $2,800 $430,900
E) 108 Broken Bow Lane 1.0 8/27/2024 $795,000 1,556 $510.93 Cape Cod 2022 6 3 2 1 Gas 0.23 Asphalt $559,900 $132,800 $0 $692,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 38 Mares Pond Drive 3/2/2021 $100 0 Contemporary 1,744 0.42 2 1-1 -
  Criteria
A 50 Clearwater Drive 8/16/2024 $599,000 0.9 Cape Cod 1,428 0.48 4 1-1
B 22 Green Acre Road 5/24/2024 $25,000 0.9 Cape Cod 2,028 0.37 3 2-0
C 123 Homestead Lane 4/4/2024 $585,000 1.0 Cape Cod 1,344 0.24 4 2-0
D 21 Pine Hollow Road 7/12/2024 $540,000 1.0 Ranch 1,872 0.84 3 2-0
E 108 Broken Bow Lane 8/27/2024 $795,000 1.0 Cape Cod 1,556 0.23 3 2-1
Averages 84 days $508,800 0.94 --- 1,646 0.43 --- ---  

Estimation of Market Value - $567,322

As of today, 09/20/2024, the estimated market value of 38 Mares Pond Drive, East Falmouth considering the above 5 comparable properties is $567,322.

 

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
@ 38 Mares Pond Drive 3/2/2021 $100 0 Contemporary 1,744 0.42 2 1-1 -
  Criteria
A 32 Mares Pond Drive 7/23/1999 $219,500 0.0 Colonial 1,610 0.35 5 2-1
B 42 Mares Pond Drive 7/5/2013 $1 0.0 Ranch 2,172 0.38 2 2-0
C 39 Mares Pond Drive 5/23/2022 $735,000 0.0 Colonial 1,652 0.37 3 2-0
D 31 Mares Pond Drive 10/31/2023 $820,000 0.0 Cape Cod 1,714 0.36 3 2-1
E 26 Mares Pond Drive 12/18/2020 $10 0.0 Raised Ranch 1,209 0.32 3 1-1
F 46 Mares Pond Drive 9/30/1980 $130,000 0.0 Cape Cod 1,923 0.39 3 3-0
G 41 Mares Pond Drive 5/31/2013 $367,000 0.0 Cape Cod 1,806 0.35 3 2-0
H 25 Mares Pond Drive 6/20/1995 $0 0.1 Colonial 2,448 0.35 4 2-0
I 20 Mares Pond Drive 5/6/2010 $411,000 0.1 Cape Cod 2,051 0.34 3 2-0
J 373 Locustfield Road 5/16/2002 $250,000 0.1 Ranch 1,616 0.3 3 2-0
K 379 Locustfield Road 7/7/2015 $100 0.1 Ranch 1,644 0.35 3 2-0
L 49 Mares Pond Drive 11/22/2016 $310,000 0.1 Ranch 936 0.62 1 1-0
M 50 Mares Pond Drive 11/3/1987 $0 0.1 Ranch 1,472 0.42 2 1-0
N 383 Locustfield Road 4/23/1976 $0 0.1 Cape Cod 1,638 0.37 3 1-1
O 369 Locustfield Road 8/28/1998 $115,000 0.1 Ranch 1,116 0.32 3 1-0
P 17 Mares Pond Drive 4/13/2018 $1 0.1 Cape Cod 1,596 0.35 3 2-0
Q 393 Locustfield Road 12/6/2023 $100 0.1 Ranch 960 0.35 3 1-0
R 16 Mares Pond Drive 7/6/2023 $10 0.1 Contemporary 2,112 0.37 4 2-1
S 36 Pattee Road 8/22/2008 $519,865 0.1 Ranch 2,080 0.53 3 2-1
T 54 Mares Pond Drive 9/9/2020 $655,000 0.1 Ranch 3,280 0.29 4 3-0
U 365 Locustfield Road 7/17/2019 $100 0.1 Cape Cod 1,776 0.29 3 2-0
V 16 Pattee Road 12/10/2012 $100 0.1 Cape Cod 2,222 0.7 3 2-0
W 11 Mares Pond Drive 5/8/2000 $0 0.1 Cape Cod 1,986 0.37 2 2-0
X 10 Mares Pond Drive 3/23/2017 $1 0.1 Cape Cod 1,958 0.42 3 2-0
Y 376 Locustfield Road 1/14/1993 $118,000 0.1 Cape Cod 1,854 0.38 4 2-0
Z 372 Locustfield Road 8/4/2021 $10 0.1 Ranch 1,070 0.36 2 1-0
- 0 Pattee Road 7/25/1984 $0 0.1 0.29 0 0-0
- 382 Locustfield Road 12/19/2003 $250,000 0.1 Ranch 1,320 0.64 3 2-0
- 359 Locustfield Road 8/17/2006 $1 0.1 Ranch 2,330 0.28 3 2-0
- 392 Locustfield Road 8/30/2013 $228,950 0.1 Ranch 1,074 0.36 2 1-0
- 7 Mares Pond Drive 6/29/2018 $1 0.1 0.35 0 0-0
- 368 Locustfield Road 1/21/2020 $220,000 0.1 Cape Cod 2,096 0.63 3 3-0
- 48 Pattee Road 9/25/2020 $725,000 0.1 Colonial 1,320 0.26 2 2-0
- 6 Mares Pond Drive 4/22/2003 $468,000 0.1 Raised Ranch 2,424 0.41 3 1-1
- 8 Pattee Road 12/24/2020 $472,000 0.1 Cape Cod 1,668 0.53 4 2-0
- 21 Pattee Road 2/28/2006 $345,000 0.1 Cape Cod 1,596 0.63 3 2-0
- 37 Pattee Road 6/12/1981 $45,000 0.1 Cape Cod 1,678 0.29 4 2-0
Averages 5895 days $200,128 0.08 --- 1,660 0.4 --- ---  
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
27 03 008 017 38 Mares Pond Drive