56 Parsons Lane, East Falmouth, MA 02536

56 Parsons Lane East Falmouth MA 02536
Owner Information
Owner 1
Kevin M Gagnon
Owner 2
Nancy M Sherwood
Owner's Address
56 Parsons Ln E Falmouth, MA 02536-5507
Market Sale Information
Most recent sale date
6/12/2013
Previous sale date
4/2/2001
Transfer document #
27452-140
Previous transfer document
13689-0329
Grantor
Kevin M Gagnon
Previous grantor
Anne Brown
Most recent sale price
$10.00
Previous sale price
$250,000.00
Site Information
Property ID
29 08 011 001
Lot Size
1.04
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Cape Cod
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1820
Number of full baths
2
Condition
Average
Number of half baths
0
Finished Area
2374
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Drywall
Floor type
Softwood
Solar Hot Water
No
Roof Structure
Gable/Hip
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
$199,500.00
Total value
$712,800.00
Building value
$512,400.00
Estimated tax
$4,476.00
Yard improvement value
$900.00
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 56 Parsons Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1820 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 1.04 Roof Cover Asphalt AEM Value - Building $512,400.00 AEM Value - Land $199,500.00 AEM Value - Other $900.00 AEM Value - Total $712,800.00
A) 22 Rivers Edge Road 0.3 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
B) 40 Bonnie Lane 0.4 7/15/2024 $930,000 1,842 $504.89 Ranch 2018 6 3 2 1 Gas 1.04 Asphalt $677,500 $199,300 $12,600 $889,400
C) 42 Rickenbacker Road 0.7 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
D) 55 Airpark Drive 0.8 4/16/2024 $1,200,000 2,796 $429.18 Colonial 2021 7 4 3 1 Gas 0.43 Asphalt $1,032,100 $244,600 $0 $1,276,700
E) 14 Bailey Drive 0.8 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
F) 17 Quashnet Way 0.8 3/18/2024 $869,000 2,019 $430.41 Cape Cod 1987 6 3 2 1 Gas 0.46 Asphalt $498,200 $165,200 $0 $663,400
G) 1 Beech Plum Drive 0.8 5/14/2024 $1,300,000 2,665 $487.80 Cape Cod 2011 8 3 2 1 Gas 1.04 Asphalt $835,400 $303,700 $2,100 $1,141,200
H) 75 Seapit Road 0.8 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
I) 44 Duckies Way 0.9 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
@ 56 Parsons Lane 6/12/2013 $10 0 Cape Cod 2,374 1.04 3 2-0 -
  Criteria
A 22 Rivers Edge Road 5/29/2024 $490,000 0.3 Cape Cod 2,575 0.91 4 2-1
B 40 Bonnie Lane 7/15/2024 $930,000 0.4 Ranch 1,842 1.04 3 2-1
C 42 Rickenbacker Road 6/24/2024 $904,000 0.7 Colonial 2,520 0.45 3 3-0
D 55 Airpark Drive 4/16/2024 $1,200,000 0.8 Colonial 2,796 0.43 4 3-1
E 14 Bailey Drive 4/23/2024 $745,000 0.8 Cape Cod 2,120 0.34 3 2-1
F 17 Quashnet Way 3/18/2024 $869,000 0.8 Cape Cod 2,019 0.46 3 2-1
G 1 Beech Plum Drive 5/14/2024 $1,300,000 0.8 Cape Cod 2,665 1.04 3 2-1
H 75 Seapit Road 5/31/2024 $900,000 0.8 Raised Ranch 2,488 0.44 3 2-1
I 44 Duckies Way 5/3/2024 $1,050,000 0.9 Cape Cod 2,341 0.46 3 1-1
Averages 126 days $932,000 0.70 --- 2,374 0.62 --- ---  

Estimation of Market Value - $855,337

As of today, 09/18/2024, the estimated market value of 56 Parsons Lane, East Falmouth considering the above 9 comparable properties is $855,337.

 

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
@ 56 Parsons Lane 6/12/2013 $10 0 Cape Cod 2,374 1.04 3 2-0 -
  Criteria
A 62 Parsons Lane 2/12/2002 $200,000 0.0 1.38 0 0-0
B 52 Parsons Lane 2/5/2008 $100 0.0 Ranch 1,584 0.55 4 1-1
C 66 Parsons Lane 2/12/2002 $200,000 0.0 1.13 0 0-0
D 0 Parsons Lane 2/12/2002 $200,000 0.1 1.15 0 0-0
E 40 Parsons Lane 4/20/1988 $123,250 0.1 Contemporary 2,856 1.65 3 2-1
F 30 Studley Street 3/1/2021 $1 0.1 Ranch 960 0.24 3 1-0
G 70 Parsons Lane 5/20/2019 $427,000 0.1 Ranch 1,504 1.04 3 2-0
H 0 Parsons Lane 2/12/2002 $200,000 0.1 1.68 0 0-0
I 27 Studley Street 1/10/2022 $515,000 0.1 Cape Cod 1,960 0.52 3 1-1
J 28 Studley Street 11/17/2017 $1 0.1 Cape Cod 1,638 0.26 3 1-0
K 0 Barrows Road-Off 4/22/1987 $0 0.1 3.3 0 0-0
L 32 Parsons Lane 3/29/2023 $745,000 0.1 Cape Cod 2,410 1.49 3 2-1
M 0 Studley Street 7/1/2002 $0 0.1 0.46 0 0-0
N 0 Barrows Road-Off 2/12/2002 $200,000 0.1 2.92 0 0-0
O 78 Parsons Lane 2/11/2014 $100 0.1 Ranch 3,509 1.17 5 2-0
P 69 Parsons Lane 6/27/2019 $414,000 0.1 Ranch 1,392 1.11 3 2-0
Q 12 Studley Street 3/21/2022 $100 0.1 Colonial 1,414 0.89 4 1-0
Averages 5670 days $189,680 0.07 --- 1,131 1.23 --- ---  
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 08 011 001 56 Parsons Lane