503 Ter Heun Drive, Falmouth, MA 02540

503 Ter Heun Drive Falmouth MA 02540
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Owner Information
Owner 1
Molly Allison Masland
Owner 2
Owner's Address
503 Ter Heun Dr Falmouth, MA 02540
Market Sale Information
Most recent sale date
4/6/2022
Previous sale date
4/12/2018
Transfer document #
35030-215
Previous transfer document
31196-325
Grantor
CHIMES ARTHUR P
Previous grantor
Most recent sale price
$1.00
Previous sale price
$533,000.00
Site Information
Property ID
36 07 015 066
Lot Size
0.99
Use Code
101 - Residential, single family
Zoning
RA
Building Style
Cape Cod
Number of Rooms
5
Stories
Number of Beds
2
Year Built
1984
Number of full baths
2
Condition
Average
Number of half baths
1
Finished Area
1944
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Drywall
Floor type
Ceramic Tile
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
$352,600.00
Total value
$874,600.00
Building value
$522,000.00
Estimated tax
$5,492.00
Yard improvement value
$0.00
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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 503 Ter Heun Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1984 Rooms 5 Bedrooms 2 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.99 Roof Cover Asphalt AEM Value - Building $522,000.00 AEM Value - Land $352,600.00 AEM Value - Other $0.00 AEM Value - Total $874,600.00
A) 23 Haynes Avenue 0.8 8/2/2024 $830,000 1,814 $457.55 Cape Cod 1964 7 4 2 0 Gas 0.68 Asphalt $346,400 $454,800 $0 $801,200
B) 14 Gunning Point Avenue 0.9 5/10/2024 $1,200,000 1,696 $707.55 Cape Cod 1958 7 4 2 0 Oil 0.32 Asphalt $299,800 $502,100 $0 $801,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 503 Ter Heun Drive 4/6/2022 $1 0 Cape Cod 1,944 0.99 2 2-1 -
  Criteria
A 23 Haynes Avenue 8/2/2024 $830,000 0.8 Cape Cod 1,814 0.68 4 2-0
B 14 Gunning Point Avenue 5/10/2024 $1,200,000 0.9 Cape Cod 1,696 0.32 4 2-0
Averages 91 days $1,015,000 0.83 --- 1,755 0.5 --- ---  

Estimation of Market Value - $1,115,905

As of today, 09/20/2024, the estimated market value of 503 Ter Heun Drive, Falmouth considering the above 2 comparable properties is $1,115,905.

 

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
@ 503 Ter Heun Drive 4/6/2022 $1 0 Cape Cod 1,944 0.99 2 2-1 -
  Criteria
A 24 Hillcrest Drive 11/6/2009 $550,000 0.0 Contemporary 2,594 0.94 3 3-0
B 521 Ter Heun Drive 4/11/2022 $100 0.0 Cape Cod 2,350 0.92 3 2-1
C 495 Ter Heun Drive 11/5/1999 $333,000 0.0 Contemporary 2,803 1.24 2 2-0
D 16 Hillcrest Drive 7/12/2016 $445,000 0.1 Split or Bi 1,396 0.89 4 2-0
E 30 Hillcrest Drive 2/26/2014 $1 0.1 Contemporary 3,539 0.92 4 2-1
F 541 Ter Heun Drive 10/28/1997 $0 0.1 Cape Cod 1,981 0.92 3 2-0
G 21 Hillcrest Drive 12/21/2009 $410,000 0.1 Contemporary 2,704 0.92 4 3-1
H 530 Ter Heun Drive 8/4/1993 $80,000 0.1 Cape Cod 1,404 1.21 2 1-1
I 10 Hillcrest Drive 6/17/2022 $1 0.1 Cape Cod 2,509 2.23 3 3-1
J 38 Hillcrest Drive 6/19/1997 $213,900 0.1 Colonial 2,754 0.98 4 1-1
K 35 Hillcrest Drive 12/5/2006 $1 0.1 Split or Bi 1,532 0.92 4 3-1
L 0 Kane Way 6/17/2022 $1 0.1 1.04 0 0-0
M 20 Myrick Drive 6/17/2016 $490,000 0.1 Gambrel 2,088 0.92 3 2-0
N 65 Burnham Drive 8/31/2007 $430,000 0.1 Contemporary 1,118 0.92 3 1-0
Averages 5443 days $210,857 0.08 --- 2,055 1.07 --- ---  
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 07 015 066 503 Ter Heun Drive