497 Central Avenue, East Falmouth, MA 02536

497 Central Avenue East Falmouth MA 02536
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Owner Information
Owner 1
Joseph F McDonald III
Owner 2
Alan H Derkazarian
Owner's Address
7 Hills Ave Concord, NH 03301
Market Sale Information
Most recent sale date
11/7/2022
Previous sale date
9/19/2013
Transfer document #
231486-
Previous transfer document
201483
Grantor
DER KAZARIAN ALAN K
Previous grantor
Most recent sale price
$1.00
Previous sale price
$1.00
Site Information
Property ID
40A 02 003 001
Lot Size
0.98
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
8
Stories
Number of Beds
5
Year Built
1931
Number of full baths
4
Condition
Average
Number of half baths
1
Finished Area
3563
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
Oil
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$2,213,200.00
Total value
$3,162,700.00
Building value
$945,000.00
Estimated tax
$19,861.00
Yard improvement value
$4,500.00
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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 497 Central Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1931 Rooms 8 Bedrooms 5 Full baths 4 Half baths 1 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.98 Roof Cover Asphalt AEM Value - Building $945,000.00 AEM Value - Land $2,213,200.00 AEM Value - Other $4,500.00 AEM Value - Total $3,162,700.00
A) 58 Partridge Lane 0.9 6/17/2024 $2,175,000 2,823 $770.46 Contemporary 1984 7 4 3 1 Gas 0.73 Asphalt $620,400 $951,800 $1,300 $1,573,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 497 Central Avenue 11/7/2022 $1 0 Cape Cod 3,563 0.98 5 4-1 -
  Criteria
A 58 Partridge Lane 6/17/2024 $2,175,000 0.9 Contemporary 2,823 0.73 4 3-1
Averages 95 days $2,175,000 0.90 --- 2,823 0.73 --- ---  

Estimation of Market Value - $3,558,420

As of today, 09/19/2024, the estimated market value of 497 Central Avenue, East Falmouth considering the above 1 comparable properties is $3,558,420.

 

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
@ 497 Central Avenue 11/7/2022 $1 0 Cape Cod 3,563 0.98 5 4-1 -
  Criteria
A 8 Hurney Street 12/3/2018 $1,595,000 0.0 Conventional 2,864 0.15 4 1-1
B 16 Hurney Street 12/4/2007 $1 0.0 Gambrel 1,829 0.6 4 2-0
C 0 Hurney Street 12/4/2007 $1 0.0 0.17 0 0-0
D 491 Central Avenue 5/10/2012 $1 0.0 Cape Cod 3,463 0.37 5 2-0
E 507 Central Avenue 10/29/2020 $10 0.0 Colonial 3,333 0.6 5 2-0
F 0 Menauhant Road 9/19/2013 $1 0.0 0.07 0 0-0
G 10 Bullock Street 7/11/2007 $990,000 0.1 Cape Cod 2,768 0.36 4 3-1
H 483 Central Avenue 4/27/2022 $100 0.1 Conventional 2,169 0.33 4 2-1
I 498 Central Avenue 1/17/2020 $316,766 0.1 Conventional 2,421 0.18 5 1-1
J 502 Central Avenue 2/23/2023 $1 0.1 Conventional 3,680 0.18 4 3-1
K 0 Central Avenue 1/17/2020 $316,766 0.1 0.09 0 0-0
L 490 Central Avenue 6/13/2018 $1 0.1 Conventional 3,328 0.18 5 2-2
M 0 Central Avenue 2/23/2023 $1 0.1 0.33 0 0-0
N 663 Menauhant Road 2/24/2012 $1 0.1 Conventional 2,465 0.96 5 2-1
O 11 Bullock Street 10/12/2017 $10 0.1 Conventional 2,034 0.15 5 2-0
P 488 Central Avenue 7/12/2021 $616,000 0.1 Conventional 2,774 0.18 4 2-1
Q 7 Bullock Street 5/3/1995 $0 0.1 Conventional 1,516 0.2 5 2-1
R 477 Central Avenue 6/30/2023 $1,221,777 0.1 Conventional 1,552 0.43 4 1-0
S 0 Menauhant Road 2/23/2023 $1 0.1 0.56 0 0-0
T 117 Jewelers Avenue 1/21/1999 $0 0.1 Ranch 1,120 0.21 3 2-1
U 113 Jewelers Avenue 10/26/2005 $100 0.1 Conventional 2,000 0.28 4 2-1
V 123 Bournes Pond Road 1/12/2022 $1,178,333 0.1 Contemporary 1,632 1.02 3 2-0
W 107 Jewelers Avenue 12/31/2001 $0 0.1 Conventional 2,436 0.19 4 2-0
X 94 Bournes Pond Road 11/10/2020 $100 0.1 Gambrel 1,684 0.82 4 1-0
Y 480 Central Avenue 11/5/2007 $100 0.1 Conventional 1,942 0.14 4 1-0
Z 121 Jewelers Avenue 1/21/1999 $0 0.1 Colonial 3,081 0.34 5 4-0
- 473 Central Avenue 12/22/1998 $0 0.1 Conventional 1,884 0.39 5 2-1
- 459 Central Avenue 3/29/2011 $650,000 0.1 Cape Cod 2,282 1.32 4 2-0
- 6 Bliss Street 12/29/2005 $1 0.1 Cottage 2,053 0.31 4 1-1
- 101 Jewelers Avenue 12/17/2008 $100 0.1 Conventional 1,957 0.27 4 1-1
- 10 Bliss Street 6/2/2023 $333,334 0.1 Conventional 1,716 0.14 5 2-0
- 471 Central Avenue 9/28/2011 $855,000 0.1 Conventional 1,464 0.45 3 2-1
- 97 Jewelers Avenue 12/6/2018 $100 0.1 Conventional 1,763 0.07 5 2-0
- 0 Jewelers Avenue 1/1/1965 $0 0.1 0.12 0 0-0
- 2 Horton Street 6/29/1999 $0 0.1 Colonial 2,235 0.21 3 1-1
- 95 Jewelers Avenue 3/4/1974 $50,000 0.1 Conventional 1,631 0.08 5 2-0
- 0 Jewelers Avenue 4/30/1998 $0 0.1 0.31 0 0-0
- 80 Bournes Pond Road 11/23/1999 $0 0.1 Cape Cod 4,206 1.37 5 4-1
- 93 Jewelers Avenue 1/3/2018 $1,275,000 0.1 Contemporary 2,870 0.17 5 4-1
- 0 Cummings Street 12/31/2001 $0 0.1 0.26 0 0-0
- 103 Bournes Pond Road 7/31/2023 $100 0.1 Cape Cod 2,555 1.17 5 2-1
- 0 Bliss Street 12/17/2008 $100 0.1 0.27 0 0-0
Averages 5245 days $223,781 0.08 --- 1,826 0.38 --- ---  
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
40A02 003 001 497 Central Avenue