5 Bailey Drive, East Falmouth, MA 02536

5 Bailey Drive East Falmouth MA 02536
Owner Information
Owner 1
Joseph S Rizzo
Owner 2
Beth A Rizzo
Owner's Address
5 Bailey Dr E Falmouth, MA 02536
Market Sale Information
Most recent sale date
9/16/2022
Previous sale date
9/16/2022
Transfer document #
35370-87
Previous transfer document
35370-85
Grantor
RIZZO JOSEPH S
Previous grantor
Most recent sale price
$100.00
Previous sale price
$100.00
Site Information
Property ID
29 02 018 024
Lot Size
0.34
Use Code
101 - Residential, single family
Zoning
AGA
Building Style
Cape Cod
Number of Rooms
6
Stories
Number of Beds
3
Year Built
2003
Number of full baths
2
Condition
Average
Number of half baths
1
Finished Area
2120
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
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$148,400.00
Total value
$582,600.00
Building value
$434,200.00
Estimated tax
$3,658.00
Yard improvement value
$0.00
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 5 Bailey Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.05 Style Cape Cod Age 2003 Rooms 6 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.34 Roof Cover Asphalt AEM Value - Building $434,200.00 AEM Value - Land $148,400.00 AEM Value - Other $0.00 AEM Value - Total $582,600.00
A) 14 Bailey Drive 0.1 4/23/2024 $745,000 2,120 $351.42 Cape Cod 2003 5 3 2 1 Gas 0.34 Asphalt $451,500 $148,400 $5,300 $605,200
B) 42 Rickenbacker Road 0.5 6/24/2024 $904,000 2,520 $358.73 Colonial 2003 7 3 3 0 Gas 0.45 Asphalt $615,800 $213,500 $0 $829,300
C) 22 Rivers Edge Road 0.6 5/29/2024 $490,000 2,575 $190.29 Cape Cod 1999 7 4 2 1 Gas 0.91 Asphalt $565,800 $368,100 $1,200 $935,100
D) 75 Seapit Road 0.6 5/31/2024 $900,000 2,488 $361.74 Raised Ranch 1984 6 3 2 1 Oil 0.44 Asphalt $360,500 $244,800 $2,600 $607,900
E) 6 East Meadows Circle 0.8 6/7/2024 $1,000,000 1,954 $511.77 Cape Cod 2003 7 3 3 0 Gas 1.17 Asphalt $607,700 $184,600 $22,600 $814,900
F) 339 Carriage Shop Road 0.8 9/30/2024 $890,000 1,862 $477.98 Ranch 1955 4 2 2 0 Oil 0.45 Asphalt $545,000 $164,000 $2,500 $711,500
G) 62 Terrence Avenue 0.9 7/15/2024 $715,000 1,904 $375.53 Colonial 2000 6 3 2 1 Gas 0.41 Asphalt $480,400 $145,300 $2,000 $627,700
H) 44 Duckies Way 1.0 5/3/2024 $1,050,000 2,341 $448.53 Cape Cod 2017 6 3 1 1 Gas 0.46 Asphalt $578,800 $148,600 $2,800 $730,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Bailey Drive 9/16/2022 $100 0 Cape Cod 2,120 0.34 3 2-1 -
  Criteria
A 14 Bailey Drive 4/23/2024 $745,000 0.1 Cape Cod 2,120 0.34 3 2-1
B 42 Rickenbacker Road 6/24/2024 $904,000 0.5 Colonial 2,520 0.45 3 3-0
C 22 Rivers Edge Road 5/29/2024 $490,000 0.6 Cape Cod 2,575 0.91 4 2-1
D 75 Seapit Road 5/31/2024 $900,000 0.6 Raised Ranch 2,488 0.44 3 2-1
E 6 East Meadows Circle 6/7/2024 $1,000,000 0.8 Cape Cod 1,954 1.17 3 3-0
F 339 Carriage Shop Road 9/30/2024 $890,000 0.8 Ranch 1,862 0.45 2 2-0
G 62 Terrence Avenue 7/15/2024 $715,000 0.9 Colonial 1,904 0.41 3 2-1
H 44 Duckies Way 5/3/2024 $1,050,000 1.0 Cape Cod 2,341 0.46 3 1-1
Averages 111 days $836,750 0.64 --- 2,221 0.58 --- ---  

Estimation of Market Value - $732,095

As of today, 10/04/2024, the estimated market value of 5 Bailey Drive, East Falmouth considering the above 8 comparable properties is $732,095.

 

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
@ 5 Bailey Drive 9/16/2022 $100 0 Cape Cod 2,120 0.34 3 2-1 -
  Criteria
A 28 Fresh Pond Farm Road 5/13/2004 $313,400 0.0 Colonial 1,980 0.34 3 2-1
B 11 Bailey Drive 5/2/2018 $1 0.0 Ranch 1,328 0.34 3 2-0
C 36 Fresh Pond Farm Road 7/18/2003 $317,500 0.0 Colonial 2,196 0.36 3 2-1
D 2 Bailey Drive 11/8/2012 $100 0.0 Cape Cod 1,678 0.33 3 2-1
E 8 Bailey Drive 9/3/2004 $104,900 0.0 Ranch 1,328 0.33 3 2-0
F 14 Bailey Drive 4/23/2024 $745,000 0.1 Cape Cod 2,120 0.34 3 2-1
G 29 Fresh Pond Farm Road 7/17/2012 $100 0.1 Ranch 1,328 0.37 3 1-0
H 23 Fresh Pond Farm Road 3/1/2019 $403,000 0.1 Cape Cod 1,678 0.4 3 2-1
I 16 Fresh Pond Farm Road 6/1/2020 $460,000 0.1 Colonial 2,160 0.34 4 2-1
J 15 Fresh Pond Farm Road 3/23/2022 $413,650 0.1 Cape Cod 1,678 0.34 3 2-0
K 7 Melyssa Anne Road 8/10/2012 $137,600 0.1 Ranch 1,328 0.34 3 2-0
L 16 Bailey Drive 7/5/2005 $104,900 0.1 Colonial 1,728 0.34 3 2-1
M 11 Melyssa Anne Road 5/7/2018 $320,000 0.1 Cape Cod 1,960 0.34 3 2-1
N 20 Bailey Drive 1/31/2018 $323,000 0.1 Ranch 1,328 0.4 3 1-0
O 6 Luke Road 2/9/2004 $97,500 0.1 Colonial 1,728 0.34 3 2-1
P 0 East Falmouth Highway 8/10/2018 $1 0.1 5.46 0 0-0
Q 1006 East Falmouth Highway 12/29/2017 $1 0.1 2.34 0 0-0
R 42 Airpark Drive 11/20/2020 $740,000 0.1 Contemporary 3,955 0.65 4 3-0
S 15 Melyssa Anne Road 11/14/2003 $104,900 0.1 Ranch 1,384 0.34 3 2-0
T 0 Airpark Drive 9/7/2006 $1 0.1 0.69 0 0-0
U 10 Luke Road 6/11/2015 $330,000 0.1 Cape Cod 2,076 0.34 3 2-1
V 50 Airpark Drive 10/15/2015 $100 0.1 Contemporary 2,331 0.7 3 1-1
W 30 Airpark Drive 8/6/2021 $10 0.1 Colonial 2,891 0.71 4 3-1
X 2 Fresh Pond Farm Road 10/9/2009 $271,000 0.1 Colonial 1,728 0.34 3 2-1
Y 6 Melyssa Anne Road 9/1/2016 $345,000 0.1 Colonial 1,728 0.34 3 1-1
Z 16 Melyssa Anne Road 3/16/2007 $329,900 0.1 Cape Cod 1,907 0.34 3 2-1
- 3 Luke Road 3/30/2018 $420,000 0.1 Cape Cod 2,100 0.34 3 2-1
- 60 Airpark Drive 11/29/2017 $100,000 0.1 Colonial 2,832 0.63 4 1-1
- 10 Melyssa Anne Road 10/14/2005 $104,900 0.1 Colonial 1,728 0.34 3 1-1
- 5 Luke Road 8/16/2016 $327,900 0.1 Cape Cod 1,490 0.34 3 1-0
- 14 Melyssa Anne Road 6/29/2015 $375,000 0.1 Ranch 1,384 0.34 3 1-0
- 11 Luke Road 12/3/2018 $100 0.1 Ranch 1,328 0.34 3 1-0
- 14 Fresh Pond Road 8/14/2020 $340,000 0.1 Raised Ranch 2,360 0.48 4 2-0
- 18 Fresh Pond Road 11/10/1980 $0 0.1 Ranch 1,144 0.38 3 1-0
- 9 Luke Road 10/11/2005 $104,900 0.1 Colonial 1,728 0.34 3 1-1
Averages 4287 days $218,125 0.08 --- 1,704 0.6 --- ---  
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
29 02 018 024 5 Bailey Drive