229 Lake Shore Drive, East Falmouth, MA 02536

229 Lake Shore Drive East Falmouth MA 02536

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Owner Information

Owner 1

Michael Obrien

Owner 2

Maureen F Obrien

Owner's Address

229 Lake Shore Dr East Falmouth, MA 02536-2701

Market Sale Information

Most recent sale date

11/25/2002

Previous sale date

7/27/1987

Transfer document #

15978-68

Previous transfer document

05850-0225

Grantor

Louise McManus

Previous grantor

Louise M McManus

Most recent sale price

$278,600.00

Previous sale price

$0.00

Site Information

Property ID

27 05 008 013L

Lot Size

0.23

Use Code

101 - Residential, single family

Zoning

Building Style

Ranch

Number of Rooms

Stories

Number of Beds

Year Built

1962

Number of full baths

Condition

Average

Number of half baths

Finished Area

864

Number of Kitchen

Gross Living Area

Number of Fireplaces

Bsmnt floot

Number of parking

Interior walls

Drywall

Floor type

Asph Tile

Solar Hot Water

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

$218,300.00

Total value

$402,700.00

Building value

$184,400.00

Estimated tax

$2,528.00

Yard improvement value

$0.00

Flood Map MassMapper Google Street View

Certified Mass Appraisal

Realty Insiter's Estimated Market Value

$459,677 to $547,679

$459,677 - By Sales Comparison

	Living area (sqft)	Sale price
Subject Property
Comparables	893	$475,000
	sft x ($475,000/893 sft)	$459,677

$547,679 - By Uniform CAMA Approach

	Assessed value	Sale price
Subject Property
Comparables	$349,260	$475,000
	x ($475,000/$349,260)	$547,679

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 229 Lake Shore Drive	Proximity	Last Sold	Price	Net Living Area	Sale Price/sft $322.45	Style Ranch	Age 1962	Rooms 6	Bedrooms 3	Full baths 1	Half baths 0	Heating Fuel Oil	Lot Size 0.23	Roof Cover Asphalt	AEM Value - Building $184,400.00	AEM Value - Land $218,300.00	AEM Value - Other $0.00	AEM Value - Total $402,700.00
A) 30 Canterbury Lane	0.4	4/19/2024	$495,000	960	$515.63	Ranch	1975	4	2	1	0	Gas	0.37	Asphalt	$206,500	$142,200	$0	$348,700
B) 85 Grace Court	0.6	1/23/2024	$500,000	960	$520.83	Ranch	1977	6	3	1	0	Oil	0.4	Asphalt	$228,100	$144,200	$1,200	$373,500
C) 22 Wedgewood Drive	0.7	4/25/2024	$485,000	672	$721.73	Ranch	1964	4	2	1	0	Oil	0.45	Asphalt	$179,100	$148,100	$16,800	$344,000
D) 50 Round Pond Drive	0.8	2/2/2024	$315,000	884	$356.33	Ranch	1961	4	2	1	0	Oil	0.18	Asphalt	$182,100	$129,300	$5,200	$316,600
E) 26 Veronica Lane	0.9	4/3/2024	$580,000	988	$587.04	Cape Cod	1981	6	3	1	0	Electric	0.29	Asphalt	$233,300	$130,200	$0	$363,500

Estimation of Market Value - $503,678

As of today, 07/05/2024, the estimated market value of 229 Lake Shore Drive, East Falmouth considering the above 5 comparable properties is $503,678.

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)

F-HB

229 Lake Shore Drive

11/25/2002

$278,600

Ranch

864

0.23

1-0

Criteria

A	225 Lake Shore Drive	1/25/2007	$1	0.0	Ranch	560	0.25	2	1-0
B	235 Lake Shore Drive	11/13/1992	$0	0.0	Ranch	816	0.19	3	1-0
C	221 Lake Shore Drive	3/18/1992	$0	0.0	Ranch	560	0.25	3	1-0
D	239 Lake Shore Drive	12/4/2001	$0	0.0	Cottage	720	0.17	3	1-0
E	241 Lake Shore Drive	7/31/2009	$1	0.0	Ranch	908	0.17	2	0-1
F	230 Lake Shore Drive	12/27/2019	$1	0.0	Cape Cod	1,344	0.44	3	2-0
G	232 Lake Shore Drive	5/3/2019	$262,000	0.0	Ranch	846	0.22	3	1-0
H	215 Lake Shore Drive	8/26/2020	$1	0.0	Ranch	980	0.36	3	1-0
I	236 Lake Shore Drive	12/9/2003	$1	0.0	Cottage	720	0.39	2	1-0
J	226 Lake Shore Drive	6/27/2014	$198,000	0.0	Ranch	898	0.22	3	1-0
K	240 Lake Shore Drive	9/8/1977	$13,000	0.0	Colonial	2,144	0.17	3	2-0
L	243 Lake Shore Drive	7/22/1993	$0	0.0	Ranch	1,120	0.2	3	1-1
M	224 Lake Shore Drive	4/13/2021	$1	0.0	Ranch	992	0.22	3	1-0
N	220 Lake Shore Drive	1/25/2021	$1	0.0	Ranch	768	0.2	2	1-0
O	211 Lake Shore Drive	4/21/1993	$0	0.0	Ranch	672	0.2	3	1-0
P	426 Pinecrest Beach Drive	9/15/2016	$300,000	0.1	Raised Ranch	1,148	0.35	3	2-1
Q	452 Pinecrest Beach Drive	2/5/1988	$115,000	0.1	Ranch	1,139	0.62	3	1-0
R	218 Lake Shore Drive	11/16/2021	$1	0.1	Cape Cod	964	0.21	3	1-0
S	247 Lake Shore Drive	4/25/2006	$358,000	0.1	Ranch	1,960	0.22	3	1-1
T	209 Lake Shore Drive	6/17/2011	$314,500	0.1	Colonial	1,176	0.18	2	1-0
U	212 Lake Shore Drive	5/14/2021	$325,000	0.1	Ranch	857	0.38	3	1-0
V	253 Lake Shore Drive	7/28/1999	$0	0.1	Colonial	1,344	0.22	4	1-0
W	422 Pinecrest Beach Drive	6/8/2020	$1	0.1	Raised Ranch	2,194	0.23	4	2-0
X	207-A Lake Shore Drive	5/24/2005	$100	0.1	Ranch	864	0.19	4	1-1
Y	62 Deepwood Drive	8/17/2020	$452,000	0.1	Cape Cod	1,744	0.29	3	3-0
Z	64 Deepwood Drive	12/31/2018	$10	0.1	Cape Cod	1,372	0.23	4	2-0
-	439 Pinecrest Beach Drive	5/19/2021	$427,000	0.1	Ranch	1,040	0.58	3	2-0
-	4 Countrywood Lane	9/15/2021	$465,000	0.1	Cape Cod	1,547	0.36	4	2-0
-	418 Pinecrest Beach Drive	3/15/2021	$486,500	0.1	Raised Ranch	2,016	0.21	4	2-1
-	206 Lake Shore Drive	12/19/1978	$25,000	0.1	Ranch	1,139	0.18	2	1-0
-	68 Deepwood Drive	10/3/2023	$450,000	0.1	Ranch	1,346	0.38	4	1-0
-	259 Lake Shore Drive	9/17/2010	$230,000	0.1	Ranch	1,232	0.44	2	1-0
-	207 Lake Shore Drive	2/28/2017	$10	0.1	Ranch	1,168	0.23	2	1-0
-	412 Pinecrest Beach Drive	1/5/2021	$382,500	0.1	Colonial	2,240	0.21	3	2-1
-	200 Lake Shore Drive	2/28/2020	$405,000	0.1	Ranch	1,970	0.34	4	1-1
-	425 Pinecrest Beach Drive	11/12/1997	$0	0.1	Cape Cod	1,487	0.36	3	3-0
-	74 Deepwood Drive	6/15/1995	$85,000	0.1	Gambrel	1,778	0.36	4	1-0
-	205 Lake Shore Drive	3/30/2018	$290,000	0.1	Ranch	1,536	0.24	2	1-0
-	263 Lake Shore Drive	11/18/2005	$1	0.1	Ranch	560	0.23	2	1-0
-	455 Pinecrest Beach Drive	9/5/2014	$1	0.1	Ranch	1,050	0.31	3	1-1
-	267 Lake Shore Drive	1/1/1972	$0	0.1	Contemporary	2,076	0.2	3	2-1
-	203 Lake Shore Drive	5/8/2024	$650,000	0.1	Ranch	1,088	0.22	3	1-0
-	408 Pinecrest Beach Drive	10/26/2004	$289,000	0.1	Ranch	943	0.37	3	1-1
-	269 Lake Shore Drive	8/19/2004	$1	0.1	Ranch	713	0.19	3	1-0
-	10 Countrywood Lane	7/17/2020	$479,000	0.1	Cape Cod	1,701	0.42	3	2-0
-	82 Deepwood Drive	4/19/2011	$1	0.1	Ranch	1,764	0.34	4	1-0
-	201 Lake Shore Drive	6/5/2019	$1	0.1	Colonial	1,526	0.2	2	1-0
-	445 Pinecrest Beach Drive	6/8/1993	$0	0.1	Cape Cod	2,362	1.11	3	2-0
-	58 Greenwood Road	7/20/2007	$225,995	0.1	Ranch	960	0.3	2	1-0
-	271 Lake Shore Drive	12/16/2010	$1	0.1	Ranch	1,008	0.19	3	1-0
-	199 Lake Shore Drive	7/23/2001	$0	0.1	Ranch	1,104	0.19	2	1-0
-	7 Owls Nest Road	1/19/2018	$283,000	0.1	Ranch	960	0.72	3	1-0
-	15 Countrywood Lane	6/11/2010	$1	0.1	Cape Cod	1,764	0.35	4	2-0
-	63 Deepwood Drive	11/6/2007	$1	0.1	Colonial	1,768	0.17	4	2-0
-	275 Lake Shore Drive	3/27/2019	$268,000	0.1	Cottage	560	0.19	2	1-0
-	197 Lake Shore Drive	12/6/2019	$1	0.1	Ranch	800	0.38	3	1-0
-	67 Deepwood Drive	10/20/2006	$285,700	0.1	Ranch	1,104	0.36	3	1-0
-	0 Isabels Farm Way	11/19/1999	$135,000	0.1			1.79	0	0-0
-	0 Deepwood Drive	11/6/1968	$0	0.1			0.02	0	0-0
-	14 Countrywood Lane	7/15/2020	$412,000	0.1	Cape Cod	1,718	0.42	3	2-0
-	52 Greenwood Road	2/13/2020	$100	0.1	Cape Cod	2,440	0.32	4	2-0
-	415 Pinecrest Beach Drive	11/22/2017	$1	0.1	Contemporary	864	0.51	3	2-0
-	55 Deepwood Drive	11/16/1971	$0	0.1	Ranch	1,378	0.36	3	1-0
-	81 Deepwood Drive	11/5/2013	$100	0.1	Ranch	1,680	0.22	3	2-0
-	71 Deepwood Drive	12/15/2020	$1	0.1	Cape Cod	1,008	0.44	3	1-0
-	421 Pinecrest Beach Drive	12/6/2019	$10	0.1	Cape Cod	1,344	0.7	4	2-0
-	29 Owls Nest Road	8/31/2016	$420,000	0.1	Cape Cod	2,448	0.44	3	2-0
-	419 Pinecrest Beach Drive	11/21/1985	$13,500	0.1	Cape Cod	1,344	0.59	2	2-0
-	193 Lake Shore Drive	5/8/2014	$10	0.1	Cottage	528	0.37	2	0-0
-	0 Owls Nest Road	6/6/1986	$0	0.1			0.03	0	0-0

Averages

5833 days

$129,215

0.08

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1,227

0.33

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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 05 008 013L 229 Lake Shore Drive