188 Main Street, Falmouth, MA 02540

Owner Information
Owner 1
188 Main St LLC
Owner 2
Owner's Address
C/O Anna Maria Tremblay, 322 Fox Hollow Way Manchester, NH 03104
Market Sale Information
Most recent sale date
4/12/2010
Previous sale date
4/12/2010
Transfer document #
24479-111
Previous transfer document
24479-107
Grantor
Ernest C Tsorvas
Previous grantor
Stephen C Tsorvas
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
38A 09 012 000
Lot Size
0.15
Use Code
326 - Eating and Drinking Establishments
Zoning
B1
Building Style
Restaurant
Number of Rooms
0
Stories
Number of Beds
0
Year Built
1960
Number of full baths
0
Condition
Average
Number of half baths
2
Finished Area
2510
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
Masonry
Air Condition (%)
Sidings
Brick Veneer
Assessment Information
Fiscal Year
2024
Land Value
$429,300.00
Total value
$787,900.00
Building value
$349,400.00
Estimated tax
$4,948.00
Yard improvement value
$9,200.00
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 188 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Restaurant Age 1960 Rooms 0 Bedrooms 0 Full baths 0 Half baths 2 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.15 Roof Cover Asphalt AEM Value - Building $349,400.00 AEM Value - Land $429,300.00 AEM Value - Other $9,200.00 AEM Value - Total $787,900.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 188 Main Street 4/12/2010 $1 0 Restaurant 2,510 0.15 0 0-2 -
  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
@ 188 Main Street 4/12/2010 $1 0 Restaurant 2,510 0.15 0 0-2 -
  Criteria
A 200 Main Street 12/21/2006 $1 0.0 Office Build 12,366 0.21 0 0-6
B 17 Academy Lane 11/10/2010 $1 0.0 Professional 3,056 0.06 0 0-0
C 156 Main Street 1/1/1900 $0 0.0 Club, Lounge 10,299 0.26 0 0-0
D 214 Main Street 2/4/2015 $10 0.0 Store 10,882 0.4 0 0-4
E 177 Main Street 11/18/2003 $585,000 0.0 Office Build 2,324 0.11 0 0-0
F 20 Academy Lane 1/1/1900 $0 0.0 OthMunicipal 3,420 2.94 0 0-2
G 220 Main Street 2/4/2015 $10 0.0 Office Build 5,062 0.09 0 0-0
H 107 Town Hall Square 11/14/2001 $0 0.0 Office Build 1,120 0.06 0 0-0
I 222 Main Street 1/21/2015 $10 0.0 Office Build 5,898 0.09 0 0-0
J 153 Main Street 9/11/2020 $1,200,000 0.0 Professional 5,046 0.19 0 0-4
K 209 Main Street 2/24/2011 $1 0.0 Store 1,249 0.05 0 0-0
L 149 Main Street 12/7/2006 $1 0.1 Store 2,785 0.05 0 2-0
M 226 Main Street 11/10/2010 $1 0.1 Store 12,448 0.3 0 0-0
N 101 Town Hall Square 9/29/2003 $0 0.1 Office Build 3,328 0.08 0 0-0
O 11 Town Hall Square 9/23/1991 $118,000 0.1 Store 2,720 0.05 0 0-2
P 0 Main Street 12/30/1959 $0 0.1 0.06 0 0-0
Q 8 Chancery Lane 1/24/2014 $2,835,000 0.1 Colonial 1,292 0.03 2 1-0
R 17 Walker Street 8/30/2022 $575,000 0.1 Store 728 0.13 0 0-2
S 221 Main Street 6/18/2021 $100 0.1 Store 11,465 0.3 0 0-2
T 131 Main Street 3/30/2012 $450,000 0.1 Store 2,758 0.21 0 0-2
U 25 Glenwood Avenue 1/8/2003 $0 0.1 Family Conv 1,064 0.05 4 2-0
V 127 Main Street 10/4/2016 $1,500,000 0.1 0.18 0 0-0
W 225 Main Street 3/24/2022 $3,200,000 0.1 Store 12,491 0.68 0 0-11
X 120 Main Street 9/8/1939 $0 0.1 Research 7,591 0.76 0 0-0
Y 23 Town Hall Square 3/2/2021 $800,000 0.1 BowlingAlley 10,721 0.45 0 0-2
Z 1 Chancery Lane 10/22/2015 $100 0.1 Apartments 2,700 0.12 4 3-0
- 0 Main Street 2/18/1965 $0 0.1 0.09 0 0-0
- 33 Glenwood Avenue 9/22/1978 $100 0.1 Family Conv 1,982 0.13 4 4-0
- 117 Main Street 10/4/2016 $1,500,000 0.1 Restaurant 7,343 0.29 0 1-0
- 26 Walker Street 7/19/1989 $95,000 0.1 Ranch 720 0.09 2 1-0
- 27 Walker Street 2/28/2019 $432,000 0.1 Colonial 1,340 0.26 3 1-0
- 135 Main Street 1/1/1900 $0 0.1 Conventional 1,752 0.24 0 2-0
- 241 Main Street 3/9/2001 $0 0.1 Store 6,610 0.42 0 0-3
- 66 Curtis Street 10/16/2020 $549,900 0.1 Colonial 1,344 0.19 3 2-0
- 32 Walker Street 8/9/2023 $900,000 0.1 Colonial 1,752 0.18 3 1-1
- 43 Walker Street 5/30/2014 $435,000 0.1 Family Conv 2,142 0.17 5 5-0
- 39 Town Hall Square 3/11/1985 $186,000 0.1 Office Build 2,160 0.12 0 0-2
- 98 Main Street Unit 1U 9/16/2013 $100 0.1 Condo A 3,094 0 5 3-1
- 98 Main Street Unit 2U 9/16/2013 $100 0.1 0 0 0-0
- 108 Main Street 4/25/2007 $362,500 0.1 CondoMedical 689 0 0 1-0
- 60 Curtis Street 4/13/2022 $1 0.1 Gambrel 2,021 0.19 3 3-0
- 261 Main Street 6/12/2014 $1 0.1 Store 10,229 0.48 0 0-8
- 44 Glenwood Avenue 9/22/1978 $100 0.1 Colonial 2,341 0.17 5 5-0
- 40 Walker Street 6/13/2001 $0 0.1 Family Flat 1,584 0.2 4 2-0
- 27 Elm Arch Way Unit 1AU 7/5/2012 $250,000 0.1 Condo A 1,438 0 2 1-1
- 27 Elm Arch Way Unit 2AU 7/5/2012 $250,000 0.1 Condo A 1,438 0 2 1-1
- 27 Elm Arch Way Unit 3AU 7/5/2012 $250,000 0.1 Condo A 1,438 0 2 1-1
- 27 Elm Arch Way Unit 4AU 7/5/2012 $250,000 0.1 Condo A 1,438 0 2 1-1
- 49 Glenwood Avenue 5/23/2017 $332,000 0.1 Family Conv 1,595 0.16 4 2-0
- 44 Walker Street 12/1/2023 $1 0.1 Colonial 1,864 0.19 3 2-0
- 103 Main Street 4/2/1959 $0 0.1 Colonial 2,742 3.43 0 2-0
- 50 Glenwood Avenue 6/29/1999 $127,000 0.1 Colonial 1,250 0.12 3 1-0
Averages 9175 days $330,443 0.08 --- 3,714 0.29 --- ---  
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
38A09 012 000 188 Main Street