38 Salt Works Way, Falmouth, MA 02540

38 Salt Works Way Falmouth MA 02540
Owner Information
Owner 1
Marilyn A Ruddy
Owner 2
Raymond B Ruddy
Owner's Address
26 Rolling Ln Dover, MA 02030-2446
Market Sale Information
Most recent sale date
7/14/2017
Previous sale date
9/2/2004
Transfer document #
213495-
Previous transfer document
174277
Grantor
Marilyn Ann Ruddy
Previous grantor
Thomas H Lauer
Most recent sale price
$1.00
Previous sale price
$2,907,500.00
Site Information
Property ID
36 03 005A 123
Lot Size
0.5
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
8
Stories
Number of Beds
4
Year Built
1999
Number of full baths
3
Condition
Average
Number of half baths
1
Finished Area
3985
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
Frcd Hot Air
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$2,481,900.00
Total value
$4,028,500.00
Building value
$1,546,600.00
Estimated tax
$25,298.00
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 38 Salt Works Way Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1999 Rooms 8 Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.5 Roof Cover Asphalt AEM Value - Building $1,546,600.00 AEM Value - Land $2,481,900.00 AEM Value - Other $0.00 AEM Value - Total $4,028,500.00
A) 4 Beechwood Road 0.6 5/31/2024 $1,695,000 3,258 $520.26 Cape Cod 1984 8 5 2 1 Oil 0.59 Asphalt $729,800 $323,000 $0 $1,052,800
B) 46 Clowes Drive 0.7 9/5/2024 $1,568,000 3,214 $487.87 Contemporary 1985 7 4 1 1 Gas 1.28 WoodShingle $788,800 $383,500 $0 $1,172,300
C) 1 Punch Bowl Drive 0.9 7/12/2024 $1,360,000 3,253 $418.08 Cape Cod 1989 8 5 3 1 Oil 0.73 Asphalt $836,100 $343,700 $0 $1,179,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 38 Salt Works Way 7/14/2017 $1 0 Colonial 3,985 0.5 4 3-1 -
  Criteria
A 4 Beechwood Road 5/31/2024 $1,695,000 0.6 Cape Cod 3,258 0.59 5 2-1
B 46 Clowes Drive 9/5/2024 $1,568,000 0.7 Contemporary 3,214 1.28 4 1-1
C 1 Punch Bowl Drive 7/12/2024 $1,360,000 0.9 Cape Cod 3,253 0.73 5 3-1
Averages 66 days $1,541,000 0.73 --- 3,242 0.87 --- ---  

Estimation of Market Value - $3,682,026

As of today, 09/20/2024, the estimated market value of 38 Salt Works Way, Falmouth considering the above 3 comparable properties is $3,682,026.

 

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
@ 38 Salt Works Way 7/14/2017 $1 0 Colonial 3,985 0.5 4 3-1 -
  Criteria
A 92 Indian Ridge Road 12/27/2012 $2,400,000 0.0 Custom 3,663 0.54 4 5-1
B 34 Salt Works Way 7/22/1998 $0 0.0 Cape Cod 3,685 0.73 5 3-0
C 200 Saconesset Road 11/20/1963 $0 0.0 2.3 0 0-0
D 41 Salt Works Way 2/28/2011 $1 0.0 Contemporary 5,082 0.64 5 4-3
E 28 Salt Works Way 11/24/2015 $100 0.0 Custom 4,872 0.68 5 1-0
F 21 Salt Works Way 1/14/2008 $10 0.0 Ranch 2,113 0.51 3 4-0
G 87 Indian Ridge Road 6/13/2000 $1,315,000 0.1 Cape Cod 3,725 0.54 3 2-1
H 101 Indian Ridge Road 6/27/2011 $100 0.1 Ranch 816 0.8 0 1-0
I 78 Indian Ridge Road 12/2/2013 $1 0.1 Colonial 3,599 0.52 3 4-0
J 24 Salt Works Way 12/23/2011 $100 0.1 Custom 5,739 1.29 5 3-2
K 17 Salt Works Way 1/13/2016 $100 0.1 Cape Cod 2,762 0.5 4 2-0
L 95 Indian Ridge Road 6/3/2020 $100 0.1 Contemporary 5,581 0.62 4 4-1
M 93 Indian Ridge Road 6/3/2020 $100 0.1 Cottage 1,200 0.77 2 1-1
N 70 Indian Ridge Road 2/2/2021 $2,027,500 0.1 Cape Cod 3,363 0.48 4 3-1
O 16 Salt Works Way 5/23/2024 $3,695,000 0.1 Cape Cod 5,503 0.55 4 2-1
P 81 Indian Ridge Road 7/24/2012 $2,450,000 0.1 Conventional 3,788 1.91 5 2-1
Q 16 Indian Ridge Road 7/28/2006 $660,000 0.1 Ranch 2,056 1.02 2 2-1
R 192 Saconesset Road 5/26/2022 $6,065,000 0.1 Conventional 5,337 1.87 5 3-1
S 32 Indian Ridge Road 7/11/2014 $1 0.1 Cape Cod 2,556 0.53 4 2-1
T 67 Indian Ridge Road 12/29/2006 $2,275,000 0.1 Ranch 1,838 1.45 2 2-0
U 174 Saconesset Road 1/31/2023 $4,050,000 0.1 Ranch 3,005 0.95 3 4-0
Averages 4910 days $1,187,529 0.07 --- 3,347 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
36 03 005A123 38 Salt Works Way