824 Main Street, Falmouth, MA 02540

Owner Information
Owner 1
Yogeshwar Hospitality LLC
Owner 2
Owner's Address
C/O Roshan Patel, 824 Main St Falmouth Ma, MA 02540
Market Sale Information
Most recent sale date
2/29/2016
Previous sale date
4/1/1998
Transfer document #
208864-
Previous transfer document
147961
Grantor
Gerald J Digiovanni
Previous grantor
Leonard F Beford
Most recent sale price
$4,700,000.00
Previous sale price
$2,800,000.00
Site Information
Property ID
39 21 002 003
Lot Size
3.09
Use Code
301 - Motels
Zoning
B2
Building Style
Motel
Number of Rooms
123
Stories
Number of Beds
123
Year Built
1973
Number of full baths
123
Condition
Good
Number of half baths
4
Finished Area
58649
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
Flat
Heating type
Hot Water
Roof Cover
Tar/Gravel
Heating fuel
Gas
Frame type
ReinConc
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$2,323,100.00
Total value
$7,131,900.00
Building value
$4,673,400.00
Estimated tax
$44,788.00
Yard improvement value
$135,400.00
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 824 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $80.14 Style Motel Age 1973 Rooms 123 Bedrooms 123 Full baths 123 Half baths 4 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 3.09 Roof Cover Tar/Gravel AEM Value - Building $4,673,400.00 AEM Value - Land $2,323,100.00 AEM Value - Other $135,400.00 AEM Value - Total $7,131,900.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 824 Main Street 2/29/2016 $4,700,000 0 Motel 58,649 3.09 123 123-4 -
  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
@ 824 Main Street 2/29/2016 $4,700,000 0 Motel 58,649 3.09 123 123-4 -
  Criteria
A 850 Main Street 9/10/2024 $837,500 0.1 Stores/Apart 12,018 0.59 4 2-0
B 870 Main Street 4/13/2021 $3,200,000 0.1 Store 16,724 2.28 0 0-6
C 303 Dillingham Avenue 4/1/2021 $1,410,000 0.1 Office Build 8,808 1.71 3 2-4
D 744 Main Street 1/1/1900 $0 0.1 OthMunicipal 8,420 13.41 0 0-0
E 20 Davis Straits 2/3/1964 $0 0.1 Branch Bank 6,248 1.57 0 0-1
F 849 Main Street 5/10/2001 $0 0.1 Store 4,674 0.23 0 0-0
G 829 Main Street 4/26/2000 $0 0.1 Take-out 2,367 0.43 0 0-0
H 815 Main Street 6/17/2016 $600,000 0.1 Branch Bank 3,008 0.51 0 0-2
I 871 Main Street 6/25/1987 $200,000 0.1 Branch Bank 3,150 0.74 0 0-2
J 343 Dillingham Avenue 8/1/2013 $2,000,000 0.1 PrefabWhse 10,080 1.73 0 0-4
K 797 Main Street 6/25/2021 $875,000 0.1 Store 1,831 0.43 0 0-1
L 30 Davis Straits 10/23/1998 $0 0.1 Restaurant 3,533 0.74 0 0-0
M 0 Cycle Avenue 8/1/2017 $624,000 0.1 0.2 0 0-0
N 13 Falmouth Heights Road 6/8/2017 $385,000 0.1 Office Build 2,672 0.34 0 0-2
O 781 Main Street 8/1/2017 $624,000 0.1 Store 2,667 0.19 0 0-2
P 14 Benham Road 6/29/2010 $10 0.1 Restaurant 3,776 0.67 0 0-2
Q 300 Dillingham Avenue 12/29/1959 $0 0.1 Club, Lounge 4,020 1.6 0 0-2
Averages 9160 days $632,677 0.10 --- 5,529 1.61 --- ---  
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
39 21 002 003 824 Main Street