116 Homestead Lane, East Falmouth, MA 02536

116 Homestead Lane East Falmouth MA 02536
Owner Information
Owner 1
Michael F Oliveira
Owner 2
Courtney E Butler
Owner's Address
116 Homestead Ln Teaticket, MA 02536
Market Sale Information
Most recent sale date
10/1/2018
Previous sale date
2/20/2018
Transfer document #
31570-20
Previous transfer document
31089-314
Grantor
Joshua G Faye
Previous grantor
Amy C Mattison-Faye
Most recent sale price
$290,000.00
Previous sale price
$100.00
Site Information
Property ID
34 04 048 039
Lot Size
0.23
Use Code
101 - Residential, single family
Zoning
AGB
Building Style
Ranch
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1964
Number of full baths
1
Condition
Average
Number of half baths
0
Finished Area
848
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
Oil
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$140,300.00
Total value
$385,200.00
Building value
$244,100.00
Estimated tax
$2,419.00
Yard improvement value
$800.00
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 116 Homestead Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $341.98 Style Ranch Age 1964 Rooms 6 Bedrooms 3 Full baths 1 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.23 Roof Cover Asphalt AEM Value - Building $244,100.00 AEM Value - Land $140,300.00 AEM Value - Other $800.00 AEM Value - Total $385,200.00
A) 17 Meredith Drive 0.6 7/12/2024 $350,000 1,044 $335.25 Raised Ranch 1973 7 4 1 0 Oil 0.26 Asphalt $258,200 $134,600 $11,800 $404,600
B) 10 Neves Way 0.6 5/13/2024 $390,500 936 $417.20 Ranch 1965 6 3 1 0 Oil 0.23 Asphalt $248,300 $147,800 $2,500 $398,600
C) 57 Shorewood Drive 0.8 7/11/2024 $800,000 724 $1104.97 Ranch 1961 4 2 1 0 Gas 0.22 Asphalt $179,100 $424,500 $1,000 $604,600
D) 102 Shorewood Drive 0.8 9/23/2024 $435,000 768 $566.41 Ranch 1971 4 2 1 0 Electric 0.34 Asphalt $137,100 $155,600 $0 $292,700
E) 13 Hickory Lane 0.8 8/21/2024 $595,000 936 $635.68 Ranch 1981 4 2 1 0 Oil 0.23 Asphalt $283,500 $206,500 $1,000 $491,000
F) 29 Suncrest Drive 0.9 4/16/2024 $465,000 792 $587.12 Ranch 1964 5 3 2 0 Gas 0.17 Asphalt $280,500 $143,100 $0 $423,600
G) 16 Harborview Drive 0.9 5/17/2024 $612,500 912 $671.60 Ranch 1972 6 3 1 0 Gas 0.17 Asphalt $298,700 $142,700 $0 $441,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 116 Homestead Lane 10/1/2018 $290,000 0 Ranch 848 0.23 3 1-0 -
  Criteria
A 17 Meredith Drive 7/12/2024 $350,000 0.6 Raised Ranch 1,044 0.26 4 1-0
B 10 Neves Way 5/13/2024 $390,500 0.6 Ranch 936 0.23 3 1-0
C 57 Shorewood Drive 7/11/2024 $800,000 0.8 Ranch 724 0.22 2 1-0
D 102 Shorewood Drive 9/23/2024 $435,000 0.8 Ranch 768 0.34 2 1-0
E 13 Hickory Lane 8/21/2024 $595,000 0.8 Ranch 936 0.23 2 1-0
F 29 Suncrest Drive 4/16/2024 $465,000 0.9 Ranch 792 0.17 3 2-0
G 16 Harborview Drive 5/17/2024 $612,500 0.9 Ranch 912 0.17 3 1-0
Averages 98 days $521,143 0.78 --- 873 0.23 --- ---  

Estimation of Market Value - $482,940

As of today, 10/04/2024, the estimated market value of 116 Homestead Lane, East Falmouth considering the above 7 comparable properties is $482,940.

 

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
@ 116 Homestead Lane 10/1/2018 $290,000 0 Ranch 848 0.23 3 1-0 -
  Criteria
A 114 Homestead Lane 2/21/2012 $181,000 0.0 Ranch 920 0.24 3 1-0
B 124 Homestead Lane 10/27/2023 $1 0.0 Ranch 936 0.23 2 1-0
C 119 Homestead Lane 11/10/2022 $1 0.0 Ranch 936 0.24 2 1-0
D 115 Homestead Lane 6/22/2017 $233,500 0.0 Ranch 936 0.24 3 1-0
E 123 Homestead Lane 4/4/2024 $585,000 0.0 Cape Cod 1,344 0.24 4 2-0
F 110 Homestead Lane 7/25/1995 $89,900 0.0 Ranch 1,128 0.24 3 1-0
G 128 Homestead Lane 1/25/1991 $95,000 0.0 Ranch 1,128 0.23 3 1-0
H 109 Homestead Lane 2/27/2014 $206,000 0.0 Ranch 1,002 0.24 3 1-0
I 127 Homestead Lane 8/30/2019 $319,900 0.0 Ranch 936 0.24 3 1-1
J 124 Broken Bow Lane 4/28/2023 $725,000 0.1 Cape Cod 1,556 0.23 3 2-1
K 132 Homestead Lane 6/6/2023 $415,000 0.1 Ranch 1,195 0.23 3 1-0
L 106 Homestead Lane 7/12/2017 $1 0.1 Ranch 988 0.28 3 1-0
M 132 Broken Bow Lane 11/20/2020 $476,360 0.1 Ranch 1,400 0.23 3 2-0
N 116 Broken Bow Lane 7/8/2022 $665,420 0.1 Cape Cod 1,556 0.23 3 2-1
O 105 Homestead Lane 10/4/2017 $1 0.1 Ranch 988 0.28 3 1-0
P 133 Homestead Lane 7/2/2001 $176,000 0.1 Ranch 1,260 0.24 3 1-0
Q 140 Broken Bow Lane 12/22/2022 $681,000 0.1 Cape Cod 1,556 0.23 3 2-1
R 108 Broken Bow Lane 8/27/2024 $795,000 0.1 Cape Cod 1,556 0.23 3 2-1
S 152 Broken Bow Lane 9/10/2021 $650,000 0.1 Cape Cod 1,547 0.26 3 2-1
T 100 Broken Bow Lane 5/19/2020 $424,900 0.1 Cape Cod 1,547 0.23 0 3-1
U 138 Homestead Lane 8/25/2017 $255,000 0.1 Ranch 988 0.23 2 1-1
V 0 Berrihill Circle 2/24/2006 $0 0.1 4.23 0 0-0
W 137 Homestead Lane 1/24/1989 $95,000 0.1 Ranch 936 0.24 3 1-0
X 100 Homestead Lane 9/30/2020 $1 0.1 Cape Cod 1,248 0.29 4 2-0
Y 92 Broken Bow Lane 8/23/2021 $579,900 0.1 Cape Cod 1,627 0.23 3 2-1
Z 99 Homestead Lane 8/11/2017 $270,000 0.1 Ranch 988 0.3 3 1-0
- 160 Broken Bow Lane 10/30/2023 $1 0.1 Cape Cod 1,556 0.25 3 2-1
- 89 Heritage Circle 5/16/1985 $60,000 0.1 Raised Ranch 810 0.25 2 1-0
- 142 Homestead Lane 5/23/2001 $164,900 0.1 Cape Cod 1,460 0.23 4 1-0
- 82 Broken Bow Lane 3/6/2020 $419,900 0.1 Cape Cod 1,547 0.26 0 1-1
- 141 Homestead Lane 11/20/2017 $100 0.1 Ranch 936 0.25 3 1-0
- 94 Homestead Lane 11/12/2003 $100 0.1 Ranch 816 0.26 2 1-0
- 93 Homestead Lane 7/13/2007 $272,000 0.1 Ranch 988 0.26 2 1-0
- 70 Broken Bow Lane 3/8/2024 $800,000 0.1 Ranch 1,400 0.24 3 2-0
- 54 Berrihill Circle 4/16/2021 $10 0.1 Cape Cod 2,318 0.47 3 2-1
- 87 Heritage Circle 1/3/2008 $1 0.1 Split or Bi 1,256 0.24 3 2-0
- 36 Wyndlea Circle 6/1/2001 $135,000 0.1 Cape Cod 1,582 0.78 4 2-0
- 148 Homestead Lane 6/8/2020 $310,000 0.1 Ranch 936 0.23 3 1-0
- 93 Heritage Circle 8/2/1996 $86,780 0.1 Split or Bi 848 0.25 3 2-0
- 147 Homestead Lane 1/17/2019 $217,000 0.1 Ranch 768 0.25 2 1-0
- 50 Berrihill Circle 7/6/2017 $405,022 0.1 Cape Cod 1,934 0.53 3 2-1
- 16 Sand Hill Farm Road 11/1/2016 $10 0.1 Ranch 736 8.27 1 1-0
- 88 Homestead Lane 10/7/2014 $188,750 0.1 Ranch 816 0.25 2 1-0
- 87 Homestead Lane 2/28/2022 $445,000 0.1 Ranch 1,132 0.25 3 1-0
- 40 Wyndlea Circle 5/15/2009 $289,000 0.1 Cape Cod 1,272 0.69 4 2-0
- 81 Broken Bow Lane 2/21/2020 $409,900 0.1 Ranch 1,400 0.26 0 0-0
- 0 Broken Bow Lane 10/9/2008 $100 0.1 0.23 0 0-0
- 91 Heritage Circle 7/9/2019 $305,000 0.1 Split or Bi 1,592 2.1 3 1-0
Averages 3789 days $258,905 0.08 --- 1,173 0.57 --- ---  
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
34 04 048 039 116 Homestead Lane