5 Penny Royal Lane, East Falmouth, MA 02536

5 Penny Royal Lane East Falmouth MA 02536

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Owner Information

Owner 1

Weston Clark Grimes

Owner 2

Owner's Address

Pending Verification ,

Market Sale Information

Most recent sale date

5/30/2024

Previous sale date

11/2/2012

Transfer document #

36391-120

Previous transfer document

26824-218

Grantor

Ruth M Craffey

Previous grantor

Richard B Stewart

Most recent sale price

$849,000.00

Previous sale price

$362,000.00

Site Information

Property ID

33 18 003B 000

Lot Size

0.61

Use Code

101 - Residential, single family

Zoning

Building Style

Ranch

Number of Rooms

Stories

Number of Beds

Year Built

1987

Number of full baths

Condition

Average

Number of half baths

Finished Area

1754

Number of Kitchen

Gross Living Area

Number of Fireplaces

Bsmnt floot

Number of parking

Interior walls

Drywall

Floor type

Parquay

Solar Hot Water

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

$159,100.00

Total value

$595,900.00

Building value

$429,400.00

Estimated tax

$3,742.00

Yard improvement value

$7,400.00

Flood Map MassMapper Google Street View

Certified Mass Appraisal

Realty Insiter's Estimated Market Value

$832,178 to $659,625

$832,178 - By Sales Comparison

	Living area (sqft)	Sale price
Subject Property
Comparables	1,606	$761,923
	sft x ($761,923/1,606 sft)	$832,178

$659,625 - By Uniform CAMA Approach

	Assessed value	Sale price
Subject Property
Comparables	$688,315	$761,923
	x ($761,923/$688,315)	$659,625

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 5 Penny Royal Lane	Proximity	Last Sold	Price	Net Living Area	Sale Price/sft $484.04	Style Ranch	Age 1987	Rooms 6	Bedrooms 3	Full baths 1	Half baths 0	Heating Fuel Gas	Lot Size 0.61	Roof Cover Asphalt	AEM Value - Building $429,400.00	AEM Value - Land $159,100.00	AEM Value - Other $7,400.00	AEM Value - Total $595,900.00
A) 56 Davisville Road	0.1	6/13/2024	$900,000	1,836	$490.20	Contemporary	1998	6	3	2	1	Gas	0.78	Asphalt	$440,600	$162,000	$15,800	$618,400
B) 8 Tracy Circle	0.2	6/11/2024	$883,000	1,686	$523.72	Contemporary	1996	6	3	2	0	Oil	0.45	Asphalt	$414,500	$246,900	$1,700	$663,100
C) 25 Pires Way	0.3	1/16/2024	$800,000	1,876	$426.44	Cape Cod	2003	5	3	2	0	Gas	0.27	Asphalt	$569,200	$142,800	$0	$712,000
D) 56 Hanson Circle	0.4	1/31/2024	$780,000	1,568	$497.45	Raised Ranch	1993	6	3	2	0	Oil	0.47	Asphalt	$387,400	$264,700	$0	$652,100
E) 38 Vidal Avenue	0.5	5/16/2024	$405,000	1,420	$285.21	Cape Cod	1952	7	4	2	0	Oil	0.32	Asphalt	$258,800	$146,600	$1,500	$406,900
F) 192 Davisville Road	0.5	6/24/2024	$595,000	1,547	$384.62	Cape Cod	1984	6	3	2	0	Oil	0.26	Asphalt	$253,800	$134,700	$0	$388,500
G) 187 Central Avenue	0.6	7/1/2024	$900,000	1,344	$669.64	Cape Cod	1947	7	4	1	0	Oil	5.99	Asphalt	$209,100	$848,600	$0	$1,057,700
H) 49 Elizabeth Jean Drive	0.6	6/17/2024	$679,000	1,464	$463.80	Cape Cod	1970	6	3	2	0	Gas	0.23	Asphalt	$348,500	$191,800	$0	$540,300
I) 65 Terry Lou Avenue	0.6	2/29/2024	$823,000	1,845	$446.07	Cape Cod	2019	5	3	1	0	Gas	0.4	Asphalt	$686,800	$240,800	$6,100	$933,700
J) 102 Acapesket Road	0.6	5/23/2024	$699,000	1,416	$493.64	Ranch	1973	6	3	1	1	Oil	0.35	Asphalt	$310,600	$156,800	$9,900	$477,300
K) 24 Debbie Lane	0.7	1/12/2024	$850,000	1,496	$568.18	Ranch	1962	4	2	1	1	Gas	0.34	Asphalt	$368,400	$715,500	$10,700	$1,094,600
L) 6 East Meadows Circle	0.7	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
M) 30 Bacon Farm Road	0.8	1/26/2024	$591,000	1,425	$414.74	Cape Cod	1983	7	4	2	1	Electric	0.54	Asphalt	$331,900	$256,700	$0	$588,600

Estimation of Market Value - $745,901

As of today, 07/05/2024, the estimated market value of 5 Penny Royal Lane, East Falmouth considering the above 13 comparable properties is $745,901.

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

5 Penny Royal Lane

5/30/2024

$849,000

Ranch

1,754

0.61

1-0

Criteria

A	11 Penny Royal Lane	8/16/1999	$179,900	0.0	Gambrel	2,022	0.4	3	2-0
B	64 Sao Paulo Drive	1/28/2008	$1	0.0	Ranch	1,144	0.37	2	1-0
C	4 Penny Royal Lane	2/25/2010	$100	0.0	Cape Cod	2,401	0.59	4	2-0
D	55 Sao Paulo Drive	12/4/2017	$530,000	0.0	Colonial	2,022	0.51	4	2-0
E	30 Rosemary Lane	1/3/2022	$1	0.0	Ranch	1,470	0.45	3	2-0
F	15 Penny Royal Lane	11/1/2021	$1	0.0	Ranch	1,336	0.4	3	3-0
G	67 Sao Paulo Drive	1/14/2005	$385,000	0.0	Ranch	1,428	0.36	2	2-0
H	68 Sao Paulo Drive	5/20/2022	$830,000	0.0	Ranch	1,428	0.37	3	3-0
I	36 Rosemary Lane	6/22/2021	$100	0.1	Ranch	976	0.41	2	1-0
J	10 Penny Royal Lane	11/1/1985	$99,500	0.1	Cape Cod	1,052	0.66	2	1-0
K	45 Sao Paulo Drive	6/6/2003	$200,000	0.1	Ranch	1,584	0.63	3	2-0
L	40 Sao Paulo Drive	6/11/2012	$320,000	0.1	Contemporary	2,337	0.59	3	0-1
M	23 Penny Royal Lane	10/2/2014	$100	0.1	Ranch	1,645	0.43	3	3-0
N	71 Sao Paulo Drive	4/30/2008	$356,000	0.1	Ranch	1,454	0.37	3	2-0
O	44 Emerald Lane	3/29/2013	$100	0.1	Cape Cod	1,768	0.39	3	2-1
P	14 Penny Royal Lane	5/17/2019	$529,499	0.1	Cape Cod	2,018	0.66	5	1-1
Q	40 Rosemary Lane	3/15/2017	$240,000	0.1	Ranch	1,170	0.39	2	2-0
R	51 Sao Paulo Drive	5/20/2016	$450,000	0.1	Contemporary	1,791	0.7	3	0-0
S	29 Rosemary Lane	11/29/1982	$74,500	0.1	Ranch	1,311	0.35	3	2-0
T	43 Marlin Drive	7/6/2016	$1	0.1	Gambrel	2,260	0.77	4	2-1
U	22 Penny Royal Lane	9/30/2010	$284,500	0.1	Split or Bi	1,428	0.43	2	1-0
V	8 Rosemary Lane	12/2/2016	$334,000	0.1	Cape Cod	1,716	0.35	3	2-1
W	21 Rosemary Lane	1/14/2015	$10	0.1	Ranch	1,468	0.34	3	1-0
X	50 Emerald Lane	8/3/1998	$197,500	0.1	Cape Cod	1,922	0.38	3	2-1
Y	37 Rosemary Lane	7/1/2020	$100	0.1	Ranch	1,384	0.35	2	2-0
Z	15 Sheila Way	6/21/2018	$210,000	0.1	Ranch	1,352	0.41	3	2-0
-	33 Penny Royal Lane	9/5/2019	$10	0.1	Split or Bi	1,248	0.43	4	2-0
-	34 Sao Paulo Drive	4/4/2019	$100	0.1	Ranch	960	0.23	3	1-0
-	38 Emerald Lane	8/17/2006	$100	0.1	Cape Cod	2,389	0.37	5	2-1
-	15 Rosemary Lane	11/20/1991	$125,000	0.1	Ranch	2,184	0.35	4	2-0
-	45 Marlin Drive	5/9/2023	$1,099,000	0.1	Ranch	2,340	0.49	3	2-0
-	46 Rosemary Lane	4/13/1999	$164,500	0.1	Ranch	1,286	0.37	3	2-0
-	28 Sailfish Drive	3/11/2004	$10	0.1	Ranch	1,428	0.24	3	2-0
-	61 Sao Paulo Drive	1/5/2022	$1	0.1	Cape Cod	1,849	0.89	3	2-0
-	35 Sao Paulo Drive	4/11/2003	$230,000	0.1	Ranch	950	0.24	4	2-0
-	24 Sailfish Drive	12/29/2021	$100	0.1	Ranch	1,392	0.23	3	2-0
-	7 Sheila Way	7/16/2013	$448,000	0.1	Cape Cod	1,892	0.4	4	2-1
-	37 Emerald Lane	4/15/2011	$100	0.1	Cape Cod	2,195	0.42	3	2-1
-	37 Marlin Drive	12/30/2016	$1	0.1	Ranch	2,150	0.35	3	3-0
-	43 Rosemary Lane	6/30/2022	$650,000	0.1	Ranch	1,358	0.35	2	1-0
-	32 Sailfish Drive	7/18/2005	$377,000	0.1	Raised Ranch	1,180	0.26	3	1-0
-	34 Fortaleza Drive	1/1/1962	$0	0.1	Ranch	960	0.24	3	1-0
-	20 Sailfish Drive	6/7/2011	$100	0.1	Ranch	1,182	0.24	3	2-0
-	25 Debra Ann Lane	8/31/2018	$10	0.1	Apartments	1,728	0.37	6	3-0
-	28 Sao Paulo Drive	8/17/2006	$100	0.1	Ranch	960	0.23	3	1-0
-	28 Sheila Way	12/18/2015	$1	0.1	Ranch	1,556	0.47	3	2-0
-	23 Judy Ann Drive	9/4/2019	$336,450	0.1	Raised Ranch	1,456	0.26	4	2-0
-	26 Debra Ann Lane	6/11/2018	$260,000	0.1	Colonial	1,344	0.23	3	1-0
-	3 Sheila Way	10/24/2017	$379,000	0.1	Cape Cod	1,715	0.38	3	1-0
-	60 Emerald Lane	11/9/2015	$379,450	0.1	Cape Cod	1,782	0.38	3	2-0
-	16 Sailfish Drive	10/4/2019	$1	0.1	Ranch	1,120	0.29	2	1-1
-	36 Sailfish Drive	1/27/2022	$630,000	0.1	Ranch	1,268	0.23	2	2-0
-	5 Rosemary Lane	4/3/1980	$65,000	0.1	Cape Cod	1,728	0.61	4	2-0
-	18 Sheila Way	8/13/1999	$156,900	0.1	Ranch	1,144	0.4	2	1-0
-	47 Rosemary Lane	1/24/2020	$439,000	0.1	Ranch	1,286	0.34	3	2-0
-	47 Marlin Drive	3/25/2022	$100	0.1			0.35	0	0-0
-	33 Fortaleza Drive	1/10/2022	$1	0.1	Ranch	960	0.29	3	1-0
-	27 Sailfish Drive	7/19/2018	$1	0.1	Gambrel	1,871	0.26	4	2-0
-	23 Sailfish Drive	4/3/2019	$375,000	0.1	Ranch	1,580	0.23	2	1-0
-	12 Sheila Way	4/30/2019	$405,000	0.1	Ranch	1,740	0.38	3	1-0
-	36 Penny Royal Lane	6/27/1986	$60,000	0.1	Cape Cod	2,030	0.39	3	2-0
-	30 Emerald Lane	8/16/2013	$424,500	0.1	Cape Cod	2,190	0.38	3	2-0

Averages

4769 days

$197,185

0.09

---

1,553

0.4

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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

33 18 003B000 5 Penny Royal Lane