18 Ostrom Road, East Falmouth, MA 02536

18 Ostrom Road East Falmouth MA 02536
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Owner Information
Owner 1
Gary L Palumbo
Owner 2
Mary Lou Palumbo
Owner's Address
18 Ostrom Rd East Falmouth, MA 02536-7731
Market Sale Information
Most recent sale date
7/19/2021
Previous sale date
3/16/1993
Transfer document #
226974-
Previous transfer document
129574
Grantor
Gary L Palumbo
Previous grantor
Leon G Proverb
Most recent sale price
$10.00
Previous sale price
$88,800.00
Site Information
Property ID
30 05 016 010
Lot Size
0.48
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Ranch
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1973
Number of full baths
2
Condition
Average
Number of half baths
0
Finished Area
1644
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
Elec BB
Roof Cover
Asphalt
Heating fuel
Electric
Frame type
Wood
Air Condition (%)
Sidings
Wood on Shth
Assessment Information
Fiscal Year
2024
Land Value
$149,600.00
Total value
$499,300.00
Building value
$335,500.00
Estimated tax
$3,135.00
Yard improvement value
$14,200.00
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Certified Mass Appraisal
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 18 Ostrom Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.01 Style Ranch Age 1973 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Electric Detached Garage Lot Size 0.48 Roof Cover Asphalt AEM Value - Building $335,500.00 AEM Value - Land $149,600.00 AEM Value - Other $14,200.00 AEM Value - Total $499,300.00
A) 42 Overlook Circle 0.2 8/14/2024 $825,000 1,748 $471.97 Cape Cod 1984 7 3 2 0 Electric 0.46 Asphalt $339,000 $156,800 $0 $495,800
B) 48 Overlook Circle 0.2 6/6/2024 $605,000 1,344 $450.15 Cape Cod 1984 6 3 2 0 Oil 0.46 Asphalt $250,800 $156,800 $1,800 $409,400
C) 46 Tasina Drive 0.3 8/28/2024 $710,000 1,504 $472.07 Cape Cod 1992 6 3 2 0 Gas 0.46 Asphalt $381,400 $156,800 $0 $538,200
D) 65 Red Brook Road 0.3 4/4/2024 $850,000 1,680 $505.95 Cape Cod 1983 4 2 1 0 Electric 1.16 Asphalt $260,300 $512,200 $1,900 $774,400
E) 48 Red Brook Road 0.4 7/26/2024 $475,000 1,404 $338.32 Cape Cod 1880 8 5 1 0 Oil 1.17 Asphalt $247,800 $184,500 $0 $432,300
F) 15 Martin Road 0.5 7/23/2024 $370,000 1,312 $282.01 Cape Cod 1890 4 2 1 0 Gas 0.4 Asphalt $239,500 $152,500 $200 $392,200
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 18 Ostrom Road 7/19/2021 $10 0 Ranch 1,644 0.48 3 2-0 -
  Criteria
A 42 Overlook Circle 8/14/2024 $825,000 0.2 Cape Cod 1,748 0.46 3 2-0
B 48 Overlook Circle 6/6/2024 $605,000 0.2 Cape Cod 1,344 0.46 3 2-0
C 46 Tasina Drive 8/28/2024 $710,000 0.3 Cape Cod 1,504 0.46 3 2-0
D 65 Red Brook Road 4/4/2024 $850,000 0.3 Cape Cod 1,680 1.16 2 1-0
E 48 Red Brook Road 7/26/2024 $475,000 0.4 Cape Cod 1,404 1.17 5 1-0
F 15 Martin Road 7/23/2024 $370,000 0.5 Cape Cod 1,312 0.4 2 1-0
Averages 74 days $639,167 0.31 --- 1,499 0.68 --- ---  

Estimation of Market Value - $665,274

As of today, 09/19/2024, the estimated market value of 18 Ostrom Road, East Falmouth considering the above 6 comparable properties is $665,274.

 

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) BR F-HB
@ 18 Ostrom Road 7/19/2021 $10 0 Ranch 1,644 0.48 3 2-0 -
  Criteria
A 24 Ostrom Road 5/29/1998 $137,000 0.0 Ranch 2,160 0.48 4 2-1
B 8 Ostrom Road 2/5/2019 $100 0.0 Ranch 1,288 0.46 3 1-1
C 162 Red Brook Road 9/26/2013 $1 0.0 Cape Cod 2,232 0.49 3 2-0
D 21 Ostrom Road 12/20/2016 $370,000 0.0 Cape Cod 2,030 1.12 3 2-1
E 156 Red Brook Road 3/22/2023 $204,500 0.0 Ranch 912 0.48 2 1-0
F 168 Red Brook Road 10/16/2023 $650,000 0.0 Ranch 2,706 0.58 2 3-0
G 30 Ostrom Road 11/7/2014 $254,000 0.0 Ranch 3,152 0.52 4 2-0
H 15 Ostrom Road 6/8/2018 $445,000 0.1 Contemporary 2,368 1.1 5 1-1
I 175 Red Brook Road 10/6/2020 $1 0.1 Ranch 1,080 0.49 3 2-0
J 150 Red Brook Road 8/25/2000 $0 0.1 Ranch 1,056 0.48 3 2-0
K 35 Ostrom Road 4/30/2001 $110,000 0.1 Contemporary 2,566 1.12 2 2-1
L 102 Overlook Circle 4/29/2021 $10 0.1 Contemporary 1,843 0.6 3 2-0
M 5 Ostrom Road 11/21/2019 $330,000 0.1 Colonial 1,568 1.08 2 2-0
N 36 Ostrom Road 7/27/2009 $1 0.1 Raised Ranch 1,066 0.5 2 1-1
O 98 Overlook Circle 11/21/1985 $44,900 0.1 Cape Cod 1,547 0.87 3 2-0
P 108 Overlook Circle 10/20/2020 $350,000 0.1 Ranch 1,056 0.48 3 1-1
Q 1 Ostrom Road 4/20/2011 $240,000 0.1 Contemporary 3,672 1.36 4 2-1
R 140 Red Brook Road 2/9/2021 $205,000 0.1 Cape Cod 1,512 0.48 3 2-0
S 40 Ostrom Road 8/19/2015 $100 0.1 Ranch 1,817 0.46 3 2-0
T 47 Ostrom Road 5/25/2001 $267,500 0.1 Ranch 1,542 2.58 3 2-0
U 20 Overlook Circle 6/23/1983 $165,000 0.1 0.48 0 0-0
V 133 Red Brook Road 11/15/2019 $10 0.1 Cape Cod 1,952 1.4 3 2-1
W 103 Overlook Circle 10/7/2016 $259,000 0.1 Cape Cod 1,488 0.54 3 2-0
X 48 Ostrom Road 7/9/2007 $390,000 0.1 Contemporary 2,657 0.51 2 2-0
Y 134 Red Brook Road 5/11/1999 $127,900 0.1 Ranch 912 0.47 2 2-0
Z 92 Overlook Circle 3/20/2000 $165,500 0.1 Cape Cod 1,608 0.52 3 2-1
- 19 Overlook Circle 1/30/1989 $149,000 0.1 Cape Cod 1,501 0.51 3 2-0
Averages 5316 days $180,168 0.08 --- 1,752 0.75 --- ---  
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
30 05 016 010 18 Ostrom Road