16 Lantern Lane, Falmouth, MA 02540

16 Lantern Lane Falmouth MA 02540
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Owner Information
Owner 1
Eric W Smith
Owner 2
Kali S Smith
Owner's Address
16 Lantern Ln Falmouth, MA 02540
Market Sale Information
Most recent sale date
12/31/2012
Previous sale date
12/29/1998
Transfer document #
27004-114
Previous transfer document
11950-0203
Grantor
Charles T Alferes
Previous grantor
Charles T Alferes
Most recent sale price
$265,000.00
Previous sale price
$0.00
Site Information
Property ID
38 10 022F 001
Lot Size
0.73
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Cape Cod
Number of Rooms
6
Stories
Number of Beds
3
Year Built
2015
Number of full baths
1
Condition
Average
Number of half baths
0
Finished Area
2375
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
$325,500.00
Total value
$1,111,800.00
Building value
$783,100.00
Estimated tax
$6,982.00
Yard improvement value
$3,200.00
Flood Map MassMapper Google Street View
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 16 Lantern Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $111.58 Style Cape Cod Age 2015 Rooms 6 Bedrooms 3 Full baths 1 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.73 Roof Cover Asphalt AEM Value - Building $783,100.00 AEM Value - Land $325,500.00 AEM Value - Other $3,200.00 AEM Value - Total $1,111,800.00
A) 24 Grasmere Drive 0.5 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
B) 182 Shore Street 0.7 9/20/2024 $1,375,000 1,813 $758.41 Ranch 1951 6 3 2 1 Gas 0.37 WoodShingle $429,100 $427,900 $12,000 $869,000
C) 115 Jericho Path 0.7 6/4/2024 $1,325,000 2,246 $589.94 Cape Cod 1950 9 3 1 0 Gas 0.19 Asphalt $541,000 $389,300 $1,000 $931,300
D) 16 Nantucket Avenue 0.8 7/8/2024 $2,315,000 2,239 $1033.94 Colonial 2017 7 2 3 1 Gas 0.08 Asphalt $1,227,600 $695,100 $1,300 $1,924,000
E) 40 Rogers Road 0.9 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
F) 170 Siders Pond Road 1.0 6/14/2024 $1,455,000 2,232 $651.88 Cape Cod 1940 7 4 2 1 Gas 0.3 Asphalt $435,300 $442,800 $6,000 $884,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 16 Lantern Lane 12/31/2012 $265,000 0 Cape Cod 2,375 0.73 3 1-0 -
  Criteria
A 24 Grasmere Drive 8/5/2024 $925,000 0.5 Colonial 2,212 0.53 4 2-1
B 182 Shore Street 9/20/2024 $1,375,000 0.7 Ranch 1,813 0.37 3 2-1
C 115 Jericho Path 6/4/2024 $1,325,000 0.7 Cape Cod 2,246 0.19 3 1-0
D 16 Nantucket Avenue 7/8/2024 $2,315,000 0.8 Colonial 2,239 0.08 2 3-1
E 40 Rogers Road 11/5/2024 $575,500 0.9 Cape Cod 2,077 0.33 4 2-0
F 170 Siders Pond Road 6/14/2024 $1,455,000 1.0 Cape Cod 2,232 0.3 4 2-1
Averages 96 days $1,328,417 0.77 --- 2,137 0.3 --- ---  

Estimation of Market Value - $1,481,566

As of today, 11/08/2024, the estimated market value of 16 Lantern Lane, Falmouth considering the above 6 comparable properties is $1,481,566.

 

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
@ 16 Lantern Lane 12/31/2012 $265,000 0 Cape Cod 2,375 0.73 3 1-0 -
  Criteria
A 14 Lantern Lane 5/16/2024 $766,000 0.0 Cape Cod 1,638 0.44 2 2-0
B 26 Morse Pond Road 6/11/1997 $69,000 0.0 Colonial 3,038 0.46 4 3-0
C 28 Morse Pond Road 7/12/2017 $10 0.0 Ranch 2,762 0.51 4 3-1
D 15 Lantern Lane 9/5/2007 $750,000 0.0 Cape Cod 4,220 0.47 5 2-2
E 17 Lantern Lane 1/3/2023 $800,000 0.0 Gambrel 2,085 0.49 3 2-1
F 24 Morse Pond Road 12/29/1998 $0 0.0 Ranch 3,147 0.46 3 3-0
G 0 Dillingham Avenue 12/30/1986 $220,000 0.1 0.27 0 0-0
H 10 Lantern Lane 12/17/2018 $760,000 0.1 Cape Cod 2,806 0.46 4 4-1
I 11 Lantern Lane 1/24/2020 $100 0.1 Cape Cod 1,989 0.44 4 2-0
J 8 Morse Pond Road 1/14/2022 $725,000 0.1 Cape Cod 2,407 0.4 2 3-1
K 19 Morse Pond Road 6/17/2021 $1 0.1 Colonial 3,838 1.66 3 3-1
L 9 Lantern Lane 8/23/2022 $100 0.1 Ranch 1,916 0.34 2 3-1
M 3 Morse Pond Road 5/26/2010 $455,550 0.1 Cape Cod 2,002 0.4 4 2-1
N 7 Morse Pond Road 5/2/2003 $365,000 0.1 Cape Cod 1,783 0.46 4 2-0
O 0 Morse Pond Road 3/19/1969 $0 0.1 0.68 0 0-0
P 0 Dillingham Avenue 7/11/1986 $200,000 0.1 9.7 0 0-0
Q 7 Lantern Lane 5/31/1989 $275,000 0.1 Cape Cod 2,056 0.55 3 2-1
Averages 6499 days $316,809 0.06 --- 2,099 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
38 10 022F001 16 Lantern Lane