40 Parsons Lane, East Falmouth, MA 02536

40 Parsons Lane East Falmouth MA 02536
Owner Information
Owner 1
Arthur N Hampton Jr
Owner 2
Sally A Hampton
Owner's Address
40 Parsons Ln East Falmouth, MA 02536
Market Sale Information
Most recent sale date
4/20/1988
Previous sale date
1/1/1973
Transfer document #
114000-
Previous transfer document
00482-1200
Grantor
Lorna M Boyle
Previous grantor
Most recent sale price
$123,250.00
Previous sale price
$0.00
Site Information
Property ID
29 08 017C 003
Lot Size
1.65
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Contemporary
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1965
Number of full baths
2
Condition
Average
Number of half baths
1
Finished Area
2856
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
Hot Water
Roof Cover
WoodShingle
Heating fuel
Oil
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$204,000.00
Total value
$786,700.00
Building value
$575,600.00
Estimated tax
$4,940.00
Yard improvement value
$7,100.00
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 40 Parsons Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $43.15 Style Contemporary Age 1965 Rooms 6 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 1.65 Roof Cover WoodShingle AEM Value - Building $575,600.00 AEM Value - Land $204,000.00 AEM Value - Other $7,100.00 AEM Value - Total $786,700.00
A) 22 Rivers Edge Road 0.2 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) 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
C) 55 Airpark Drive 0.7 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
D) 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
E) 162 Ostrom Road 0.9 3/18/2024 $1,235,000 3,455 $357.45 Cape Cod 2000 7 4 3 1 Gas 0.64 Asphalt $977,500 $268,200 $1,700 $1,247,400
F) 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
G) 1 Beech Plum Drive 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Parsons Lane 4/20/1988 $123,250 0 Contemporary 2,856 1.65 3 2-1 -
  Criteria
A 22 Rivers Edge Road 5/29/2024 $490,000 0.2 Cape Cod 2,575 0.91 4 2-1
B 42 Rickenbacker Road 6/24/2024 $904,000 0.7 Colonial 2,520 0.45 3 3-0
C 55 Airpark Drive 4/16/2024 $1,200,000 0.7 Colonial 2,796 0.43 4 3-1
D 75 Seapit Road 5/31/2024 $900,000 0.8 Raised Ranch 2,488 0.44 3 2-1
E 162 Ostrom Road 3/18/2024 $1,235,000 0.9 Cape Cod 3,455 0.64 4 3-1
F 44 Duckies Way 5/3/2024 $1,050,000 0.9 Cape Cod 2,341 0.46 3 1-1
G 1 Beech Plum Drive 5/14/2024 $1,300,000 0.9 Cape Cod 2,665 1.04 3 2-1
Averages 131 days $1,011,286 0.72 --- 2,691 0.62 --- ---  

Estimation of Market Value - $947,998

As of today, 09/18/2024, the estimated market value of 40 Parsons Lane, East Falmouth considering the above 7 comparable properties is $947,998.

 

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
@ 40 Parsons Lane 4/20/1988 $123,250 0 Contemporary 2,856 1.65 3 2-1 -
  Criteria
A 32 Parsons Lane 3/29/2023 $745,000 0.0 Cape Cod 2,410 1.49 3 2-1
B 62 Parsons Lane 2/12/2002 $200,000 0.0 1.38 0 0-0
C 52 Parsons Lane 2/5/2008 $100 0.0 Ranch 1,584 0.55 4 1-1
D 56 Parsons Lane 6/12/2013 $10 0.1 Cape Cod 2,374 1.04 3 2-0
E 28 Parsons Lane 2/11/2022 $1 0.1 Contemporary 3,196 1.63 5 3-0
F 22 Parsons Lane 2/20/2020 $395,000 0.1 Ranch 1,510 0.7 2 1-1
G 0 Barrows Road-Off 4/22/1987 $0 0.1 3.3 0 0-0
H 30 Studley Street 3/1/2021 $1 0.1 Ranch 960 0.24 3 1-0
I 66 Parsons Lane 2/12/2002 $200,000 0.1 1.13 0 0-0
J 15 Parsons Lane 6/18/1958 $0 0.1 Ranch 3,044 1.14 0 3-0
K 10 Parsons Lane 8/30/2021 $1 0.1 Ranch 352 1.77 1 1-0
L 28 Studley Street 11/17/2017 $1 0.1 Cape Cod 1,638 0.26 3 1-0
M 0 Parsons Lane 2/12/2002 $200,000 0.1 1.68 0 0-0
N 0 Barrows Road 11/24/2015 $500,000 0.1 3.58 0 0-0
O 0 Parsons Lane 2/12/2002 $200,000 0.1 1.15 0 0-0
P 70 Parsons Lane 5/20/2019 $427,000 0.1 Ranch 1,504 1.04 3 2-0
Q 27 Studley Street 1/10/2022 $515,000 0.1 Cape Cod 1,960 0.52 3 1-1
Averages 5606 days $198,948 0.08 --- 1,208 1.33 --- ---  
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 017C003 40 Parsons Lane