494 Palmer Avenue, Falmouth, MA 02540

494 Palmer Avenue Falmouth MA 02540
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Owner Information
Owner 1
Michael F McLaughlin Sr
Owner 2
Carolyn F McLaughlin
Owner's Address
494 Palmer Ave Falmouth, MA 02540
Market Sale Information
Most recent sale date
11/19/2021
Previous sale date
10/7/2005
Transfer document #
34678-21
Previous transfer document
20342-262
Grantor
Michael F McLaughlin
Previous grantor
Clarence J Anderson
Most recent sale price
$10.00
Previous sale price
$285,000.00
Site Information
Property ID
38 02 024 001
Lot Size
0.25
Use Code
101 - Residential, single family
Zoning
GR
Building Style
Ranch
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1920
Number of full baths
2
Condition
Average
Number of half baths
1
Finished Area
1845
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Drywall
Floor type
Softwood
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
$208,400.00
Total value
$645,700.00
Building value
$437,300.00
Estimated tax
$4,054.00
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 494 Palmer Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.01 Style Ranch Age 1920 Rooms 6 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.25 Roof Cover Asphalt AEM Value - Building $437,300.00 AEM Value - Land $208,400.00 AEM Value - Other $0.00 AEM Value - Total $645,700.00
A) 40 Rogers Road 0.2 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
B) 75 Comanche Drive 0.3 9/24/2024 $859,900 1,581 $543.90 Ranch 1982 6 3 2 0 Oil 0.35 Asphalt $368,200 $250,200 $800 $619,200
C) 24 Grasmere Drive 0.7 8/5/2024 $925,000 2,212 $418.17 Colonial 1965 7 4 2 1 Gas 0.53 Asphalt $437,700 $340,000 $0 $777,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 494 Palmer Avenue 11/19/2021 $10 0 Ranch 1,845 0.25 3 2-1 -
  Criteria
A 40 Rogers Road 11/5/2024 $575,500 0.2 Cape Cod 2,077 0.33 4 2-0
B 75 Comanche Drive 9/24/2024 $859,900 0.3 Ranch 1,581 0.35 3 2-0
C 24 Grasmere Drive 8/5/2024 $925,000 0.7 Colonial 2,212 0.53 4 2-1
Averages 50 days $786,800 0.41 --- 1,957 0.4 --- ---  

Estimation of Market Value - $757,288

As of today, 11/09/2024, the estimated market value of 494 Palmer Avenue, Falmouth considering the above 3 comparable properties is $757,288.

 

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
@ 494 Palmer Avenue 11/19/2021 $10 0 Ranch 1,845 0.25 3 2-1 -
  Criteria
A 496 Palmer Avenue 1/15/2015 $180,000 0.0 Cape Cod 1,152 0.09 2 1-1
B 500 Palmer Avenue 3/31/2023 $100 0.0 Colonial 2,588 0.26 4 2-0
C 495 Palmer Avenue 1/5/2017 $700,000 0.0 Stores/Apart 4,628 0.47 3 2-2
D 504 Palmer Avenue Unit AU 9/13/2013 $290,000 0.0 Condo A 1,541 0 2 1-0
E 504 Palmer Avenue Unit BU 8/28/2008 $330,000 0.0 Condo A 2,280 0 3 1-0
F 504 Palmer Avenue Unit CU 9/28/2007 $150,000 0.0 Condo A 928 0 2 1-0
G 522 Palmer Avenue 12/11/2002 $0 0.1 Cape Cod 2,064 0.39 4 2-0
H 511 Palmer Avenue 11/29/2018 $360,000 0.1 Colonial 1,828 0.99 3 1-1
I 454 Palmer Avenue 1/4/1983 $0 0.1 OthMunicipal 1,193 0.32 0 0-0
J 505 Palmer Avenue 3/10/2023 $1,340,000 0.1 Cape Cod 3,626 0.66 1 2-0
K 536 Palmer Avenue 12/6/2012 $1 0.1 Family Conv 1,431 0.33 3 2-0
L 533 Palmer Avenue 12/18/2015 $100 0.1 Office Build 3,600 1.06 0 0-2
M 546 Palmer Avenue 7/27/2017 $267,000 0.1 Ranch 912 0.43 3 1-0
N 0 Palmer Avenue 6/30/2000 $0 0.1 0.1 0 0-0
O 15 Hallets Lane 3/4/2011 $190,000 0.1 Cape Cod 1,815 0.39 4 2-0
P 21 Hallets Lane 4/30/1984 $96,000 0.1 Contemporary 1,940 0.38 4 1-1
Q 0 Ter Heun Drive 6/22/1962 $0 0.1 2.12 0 0-0
R 9 Hallets Lane 1/1/1966 $0 0.1 Ranch 1,773 0.45 4 2-0
S 435 Palmer Avenue 1/9/2013 $1,250,000 0.1 Fast Food 3,500 0.46 0 0-2
T 552 Palmer Avenue 3/29/2024 $743,000 0.1 Family Duplx 960 0.38 3 2-0
U 7 Rogers Road 7/25/2022 $900,000 0.1 Family Duplx 2,800 0.23 4 2-2
V 0 Palmer Avenue 10/27/2006 $10,000 0.1 2.18 0 0-0
W 15 Rogers Road 3/23/2018 $100 0.1 Cape Cod 2,086 0.56 4 2-0
X 432 Palmer Avenue 6/30/2000 $0 0.1 Commercial 2,448 0.27 0 1-0
Y 46 Jones Road 1/1/1900 $0 0.1 Church 770 10.77 0 1-0
Z 20 Hallets Lane 9/7/2021 $1 0.1 Ranch 1,320 0.38 2 2-0
Averages 7796 days $261,781 0.08 --- 1,815 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
38 02 024 001 494 Palmer Avenue