291 Jones Road, Falmouth, MA 02540

Owner Information
Owner 1
Synh LLC
Owner 2
Owner's Address
P O Box 980 Ellwood City, PA 16117
Market Sale Information
Most recent sale date
7/28/2022
Previous sale date
7/8/2014
Transfer document #
35273-330
Previous transfer document
28250-273
Grantor
Falmouth Hotel LLC
Previous grantor
Falmouth Motel LLC
Most recent sale price
$8,026,625.00
Previous sale price
$11,225,000.00
Site Information
Property ID
38 10 020 000
Lot Size
5.73
Use Code
301 - Motels
Zoning
RC
Building Style
Motel
Number of Rooms
98
Stories
Number of Beds
98
Year Built
1971
Number of full baths
0
Condition
Average
Number of half baths
0
Finished Area
63286
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Drywall
Floor type
Carpet
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
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$2,437,000.00
Total value
$8,607,000.00
Building value
$5,922,500.00
Estimated tax
$54,051.00
Yard improvement value
$247,500.00
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 291 Jones Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $126.83 Style Motel Age 1971 Rooms 98 Bedrooms 98 Full baths 0 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 5.73 Roof Cover Asphalt AEM Value - Building $5,922,500.00 AEM Value - Land $2,437,000.00 AEM Value - Other $247,500.00 AEM Value - Total $8,607,000.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 291 Jones Road 7/28/2022 $8,026,625 0 Motel 63,286 5.73 98 0-0 -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 291 Jones Road 7/28/2022 $8,026,625 0 Motel 63,286 5.73 98 0-0 -
  Criteria
A 55 Peterson Road 4/24/2018 $375,000 0.1 Cape Cod 2,070 0.25 3 2-0
B 65 Peterson Road 12/1/2021 $10 0.1 Cape Cod 1,998 0.26 3 2-0
C 47 Peterson Road 7/3/2003 $10 0.1 Cape Cod 1,558 0.25 3 2-1
D 15 Amvets Avenue 4/18/2008 $1 0.1 Ranch 720 0.23 2 1-0
E 279 Jones Road 1/14/2022 $550,000 0.1 Cape Cod 2,548 0.35 4 3-0
F 0 Jones Road $0 0.1 0.12 0 0-0
G 37 Peterson Road 4/24/2015 $310,000 0.1 Ranch 1,100 0.39 3 1-0
H 13 Amvets Avenue 4/18/1996 $58,000 0.1 Ranch 720 0.19 2 1-0
I 11 Amvets Avenue 11/30/1999 $98,500 0.1 Ranch 720 0.18 2 1-0
J 16 Amvets Avenue 6/25/2014 $1 0.1 Ranch 804 0.17 2 1-0
K 18 Amvets Avenue 1/25/2022 $625,000 0.1 Cape Cod 1,602 0.18 3 2-1
L 9 Amvets Avenue 8/12/2016 $230,000 0.1 Cape Cod 804 0.2 2 1-0
M 54 Peterson Road 12/30/2015 $10 0.1 Cape Cod 1,506 0.19 4 1-1
N 46 Peterson Road 5/18/2012 $249,000 0.1 Ranch 962 0.23 2 1-0
O 14 Amvets Avenue 3/22/2024 $515,000 0.1 Ranch 930 0.22 3 1-0
P 20 Amvets Avenue 3/20/2020 $10 0.1 Cape Cod 852 0.17 3 1-0
Q 275 Jones Road 4/21/2021 $520,000 0.1 Ranch 1,317 0.22 3 1-0
R 38 Peterson Road 1/31/1986 $85,000 0.1 Ranch 832 0.23 2 1-1
S 22 Amvets Avenue 10/25/2005 $10 0.1 Ranch 720 0.19 2 1-0
T 20 Peterson Road 10/23/2008 $1 0.1 Cape Cod 1,464 0.25 2 1-0
U 12 Amvets Avenue 7/5/2019 $259,000 0.1 Cape Cod 900 0.19 2 1-0
V 24 Amvets Avenue 4/2/1984 $42,000 0.1 Cape Cod 1,540 0.17 2 2-0
W 310 Jones Road 1/12/1999 $55,000 0.1 Cape Cod 2,294 0.46 2 2-1
X 10 Amvets Avenue 9/18/1987 $101,000 0.1 Ranch 720 0.18 2 1-0
Y 311 Gifford Street 2/17/2017 $5,550,000 0.1 Hotel 20,576 4.14 26 0-6
Z 19 Peterson Road 7/7/2022 $1 0.1 Cape Cod 1,582 0.37 3 2-0
- 293 Gifford Street 9/7/2018 $287,500 0.1 Ranch 832 0.23 2 1-0
- 265 Jones Road 12/19/2022 $495,000 0.1 Ranch 1,566 0.21 2 1-1
- 285 Gifford Street 12/17/2004 $374,000 0.1 Cape Cod 1,502 0.2 3 2-0
- 26 Amvets Avenue 9/1/2010 $100 0.1 Cape Cod 1,500 0.17 2 1-0
- 277 Gifford Street 11/24/2015 $1 0.1 Ranch 1,179 0.21 2 0-0
- 21 Amvets Avenue 4/7/2015 $215,000 0.1 Ranch 804 0.17 2 1-0
- 8 Amvets Avenue 10/16/1987 $95,000 0.1 Ranch 804 0.18 2 1-0
- 17 Amvets Avenue 4/22/2011 $220,000 0.1 Ranch 804 0.17 2 1-0
- 19 Amvets Avenue 10/27/2022 $540,000 0.1 Cape Cod 1,280 0.17 2 1-0
- 7 Amvets Avenue 4/10/2017 $231,700 0.1 Ranch 920 0.17 3 1-0
- 267 Gifford Street 11/13/2012 $1 0.1 Ranch 1,336 0.24 3 2-1
Averages 4927 days $326,510 0.10 --- 1,713 0.33 --- ---  
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 10 020 000 291 Jones Road