40 Place Road, Falmouth, MA 02540

Owner Information
Owner 1
Justin H Wickens
Owner 2
Jane H Wickens
Owner's Address
1469 Terrace Ln Charlottesville, VA 22911
Market Sale Information
Most recent sale date
7/17/2014
Previous sale date
7/24/2007
Transfer document #
28267-339
Previous transfer document
22210-99
Grantor
Justin H Wickens
Previous grantor
Myron Lecar
Most recent sale price
$100.00
Previous sale price
$540,000.00
Site Information
Property ID
35 02 004 028
Lot Size
0.35
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Contemporary
Number of Rooms
9
Stories
Number of Beds
4
Year Built
2005
Number of full baths
3
Condition
Average
Number of half baths
0
Finished Area
1939
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
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$313,900.00
Total value
$829,100.00
Building value
$515,200.00
Estimated tax
$5,206.00
Yard improvement value
$0.00
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 Place Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.05 Style Contemporary Age 2005 Rooms 9 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.35 Roof Cover Asphalt AEM Value - Building $515,200.00 AEM Value - Land $313,900.00 AEM Value - Other $0.00 AEM Value - Total $829,100.00
A) 14 Sippewissett Road 0.2 12/24/2024 $750,000 1,890 $396.83 Contemporary 2007 6 2 1 1 Gas 1.48 Asphalt $610,400 $334,000 $0 $944,400
B) 77 Burnham Drive 0.4 12/11/2024 $864,000 1,736 $497.70 Ranch 1978 6 3 2 1 Gas 1.11 Asphalt $397,700 $356,800 $1,800 $756,300
C) 26 Bob White Lane 0.5 8/1/2024 $1,580,000 1,795 $880.22 Cape Cod 1966 7 4 2 1 Oil 0.64 Asphalt $509,100 $787,200 $21,800 $1,318,100
D) 40 Rogers Road 1.0 11/5/2024 $575,500 2,077 $277.08 Cape Cod 1963 7 4 2 0 Oil 0.33 Asphalt $356,800 $216,800 $2,000 $575,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Place Road 7/17/2014 $100 0 Contemporary 1,939 0.35 4 3-0 -
  Criteria
A 14 Sippewissett Road 12/24/2024 $750,000 0.2 Contemporary 1,890 1.48 2 1-1
B 77 Burnham Drive 12/11/2024 $864,000 0.4 Ranch 1,736 1.11 3 2-1
C 26 Bob White Lane 8/1/2024 $1,580,000 0.5 Cape Cod 1,795 0.64 4 2-1
D 40 Rogers Road 11/5/2024 $575,500 1.0 Cape Cod 2,077 0.33 4 2-0
Averages 69 days $942,375 0.55 --- 1,875 0.89 --- ---  

Estimation of Market Value - $922,145

As of today, 01/09/2025, the estimated market value of 40 Place Road, Falmouth considering the above 4 comparable properties is $922,145.

 

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 Place Road 7/17/2014 $100 0 Contemporary 1,939 0.35 4 3-0 -
  Criteria
A 38 Place Road 11/28/2023 $1,161,000 0.0 Contemporary 2,020 0.35 4 3-0
B 42 Place Road 9/4/2003 $485,000 0.0 Ranch 1,668 0.35 3 2-0
C 36 Place Road 9/21/2011 $1 0.0 Contemporary 2,394 0.35 4 2-0
D 39 Place Road 7/8/2014 $592,000 0.0 Cape Cod 2,686 0.36 4 3-1
E 46 Place Road 8/2/2019 $600,000 0.0 Cape Cod 2,100 0.35 4 1-0
F 47 Place Road 8/24/2018 $550,000 0.1 Cape Cod 1,614 0.35 3 2-0
G 0 Loop Road 12/19/1985 $0 0.1 0.36 0 0-0
H 0 Palmer Avenue 10/26/1978 $50,000 0.1 3.84 0 0-0
I 48 Place Road 3/27/2000 $0 0.1 Cape Cod 1,469 0.35 3 2-0
J 97 Loop Road 6/17/1986 $177,500 0.1 Contemporary 1,220 0.35 3 2-0
K 25 Place Road 4/9/2021 $339,375 0.1 Raised Ranch 3,012 0.36 4 4-0
L 90 Loop Road 7/31/2017 $100 0.1 Custom 2,208 0.39 4 2-1
M 28 Place Road 11/14/1985 $181,000 0.1 Contemporary 1,824 0.35 3 3-0
N 49 Place Road 4/22/1983 $29,000 0.1 Cape Cod 1,881 0.36 3 2-0
O 86 Loop Road 8/4/2015 $590,000 0.1 Contemporary 1,764 0.35 3 1-1
P 87 Loop Road 8/31/2015 $572,500 0.1 Contemporary 3,006 0.35 4 3-1
Q 19 Place Road 12/22/2021 $100 0.1 Ranch 1,118 0.37 2 1-1
R 3 Loop Road 11/16/2020 $645,000 0.1 Contemporary 2,528 0.35 4 3-0
S 7 Loop Road 9/22/2008 $1 0.1 Cape Cod 1,368 0.35 2 2-0
T 0 Loop Road 4/15/2004 $100 0.1 0.38 0 0-0
U 15 Place Road 7/15/2014 $425,000 0.1 Contemporary 1,586 0.38 3 3-0
V 11 Loop Road 8/25/2006 $429,000 0.1 Ranch 2,516 0.35 3 1-0
W 19 Loop Road 3/3/2022 $1 0.1 Cape Cod 1,800 0.35 3 2-0
X 72 Loop Road 4/15/2004 $100 0.1 Cape Cod 3,619 0.42 4 3-0
Y 79 Loop Road 10/20/2014 $10 0.1 Gambrel 1,921 0.35 3 2-0
Z 23 Loop Road 2/8/2002 $0 0.1 Contemporary 1,688 0.35 2 2-0
- 836 Palmer Avenue 4/18/2019 $4,500,000 0.1 Country Club 6,866 12.72 0 3-1
- 53 Cachalot Lane 6/15/2017 $464,500 0.1 Contemporary 1,732 0.56 3 1-0
- 11 Place Road 10/31/2016 $645,000 0.1 Contemporary 2,238 0.35 3 1-1
Averages 5907 days $428,838 0.08 --- 1,995 0.91 --- ---  
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
35 02 004 028 40 Place Road