498 Central Avenue, East Falmouth, MA 02536

498 Central Avenue East Falmouth MA 02536
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Owner Information
Owner 1
Wise Frances Thayer
Owner 2
Russell E Wise Jr
Owner's Address
1400 Crescent Vischer Ferry APT 820 Halfmoon, NY 12065
Market Sale Information
Most recent sale date
1/17/2020
Previous sale date
10/8/1980
Transfer document #
32630-215
Previous transfer document
3168-0208
Grantor
Russell E Wise
Previous grantor
Most recent sale price
$316,766.00
Previous sale price
$0.00
Site Information
Property ID
40A 04 004 113
Lot Size
0.18
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Conventional
Number of Rooms
8
Stories
Number of Beds
5
Year Built
1892
Number of full baths
1
Condition
Average
Number of half baths
1
Finished Area
2421
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
None
Roof Cover
Asphalt
Heating fuel
NONE
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$1,150,900.00
Total value
$1,494,300.00
Building value
$343,400.00
Estimated tax
$9,384.00
Yard improvement value
$0.00
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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 498 Central Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $130.84 Style Conventional Age 1892 Rooms 8 Bedrooms 5 Full baths 1 Half baths 1 Gross Living Area Heating Fuel NONE Detached Garage Lot Size 0.18 Roof Cover Asphalt AEM Value - Building $343,400.00 AEM Value - Land $1,150,900.00 AEM Value - Other $0.00 AEM Value - Total $1,494,300.00
A) 11 Bullock Street 0.1 10/29/2024 $1,618,000 2,034 $795.48 Conventional 1926 8 5 2 0 Electric 0.15 Asphalt $329,900 $594,500 $0 $924,400
B) 18 Captain Davis Lane 0.7 9/17/2024 $980,000 2,029 $483.00 Cape Cod 1968 6 3 1 1 Gas 0.46 Asphalt $449,400 $305,500 $26,300 $781,200
C) 371 Davisville Road 0.8 11/1/2024 $1,399,000 2,409 $580.74 Conventional 1790 7 4 2 0 Gas 0.87 Asphalt $413,000 $491,600 $66,400 $971,000
D) 58 Partridge Lane 1.0 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
E) 49 Seashell Lane 1.0 5/20/2024 $1,100,000 1,951 $563.81 Cape Cod 1988 6 3 2 0 Oil 0.24 Asphalt $437,200 $370,500 $0 $807,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 498 Central Avenue 1/17/2020 $316,766 0 Conventional 2,421 0.18 5 1-1 -
  Criteria
A 11 Bullock Street 10/29/2024 $1,618,000 0.1 Conventional 2,034 0.15 5 2-0
B 18 Captain Davis Lane 9/17/2024 $980,000 0.7 Cape Cod 2,029 0.46 3 1-1
C 371 Davisville Road 11/1/2024 $1,399,000 0.8 Conventional 2,409 0.87 4 2-0
D 58 Partridge Lane 6/17/2024 $2,175,000 1.0 Contemporary 2,823 0.73 4 3-1
E 49 Seashell Lane 5/20/2024 $1,100,000 1.0 Cape Cod 1,951 0.24 3 2-0
Averages 79 days $1,454,400 0.71 --- 2,249 0.49 --- ---  

Estimation of Market Value - $1,856,982

As of today, 11/09/2024, the estimated market value of 498 Central Avenue, East Falmouth considering the above 5 comparable properties is $1,856,982.

 

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
@ 498 Central Avenue 1/17/2020 $316,766 0 Conventional 2,421 0.18 5 1-1 -
  Criteria
A 502 Central Avenue 2/23/2023 $1 0.0 Conventional 3,680 0.18 4 3-1
B 0 Central Avenue 1/17/2020 $316,766 0.0 0.09 0 0-0
C 490 Central Avenue 6/13/2018 $1 0.0 Conventional 3,328 0.18 5 2-2
D 113 Jewelers Avenue 10/26/2005 $100 0.0 Conventional 2,000 0.28 4 2-1
E 117 Jewelers Avenue 1/21/1999 $0 0.0 Ranch 1,120 0.21 3 2-1
F 107 Jewelers Avenue 12/31/2001 $0 0.0 Conventional 2,436 0.19 4 2-0
G 0 Central Avenue 2/23/2023 $1 0.0 0.33 0 0-0
H 488 Central Avenue 7/12/2021 $616,000 0.0 Conventional 2,774 0.18 4 2-1
I 491 Central Avenue 5/10/2012 $1 0.0 Cape Cod 3,463 0.37 5 2-0
J 507 Central Avenue 10/29/2020 $10 0.0 Colonial 3,333 0.6 5 2-0
K 101 Jewelers Avenue 12/17/2008 $100 0.0 Conventional 1,957 0.27 4 1-1
L 121 Jewelers Avenue 1/21/1999 $0 0.0 Colonial 3,081 0.34 5 4-0
M 8 Hurney Street 12/3/2018 $1,595,000 0.1 Conventional 2,864 0.15 4 1-1
N 0 Jewelers Avenue 4/30/1998 $0 0.1 0.31 0 0-0
O 483 Central Avenue 4/27/2022 $100 0.1 Conventional 2,169 0.33 4 2-1
P 0 Cummings Street 12/31/2001 $0 0.1 0.26 0 0-0
Q 0 Jewelers Avenue 1/1/1965 $0 0.1 0.12 0 0-0
R 497 Central Avenue 11/7/2022 $1 0.1 Cape Cod 3,563 0.98 5 4-1
S 0 Menauhant Road 2/23/2023 $1 0.1 0.56 0 0-0
T 10 Bliss Street 6/2/2023 $333,334 0.1 Conventional 1,716 0.14 5 2-0
U 97 Jewelers Avenue 12/6/2018 $100 0.1 Conventional 1,763 0.07 5 2-0
V 6 Bliss Street 12/29/2005 $1 0.1 Cottage 2,053 0.31 4 1-1
W 0 Bliss Street 12/17/2008 $100 0.1 0.27 0 0-0
X 480 Central Avenue 11/5/2007 $100 0.1 Conventional 1,942 0.14 4 1-0
Y 95 Jewelers Avenue 3/4/1974 $50,000 0.1 Conventional 1,631 0.08 5 2-0
Z 7 Bullock Street 5/3/1995 $0 0.1 Conventional 1,516 0.2 5 2-1
- 93 Jewelers Avenue 1/3/2018 $1,275,000 0.1 Contemporary 2,870 0.17 5 4-1
- 16 Hurney Street 12/4/2007 $1 0.1 Gambrel 1,829 0.6 4 2-0
- 0 Horton Street 3/5/2018 $343,333 0.1 0.46 0 0-0
- 0 Menauhant Road 9/19/2013 $1 0.1 0.07 0 0-0
- 10 Bullock Street 7/11/2007 $990,000 0.1 Cape Cod 2,768 0.36 4 3-1
- 663 Menauhant Road 2/24/2012 $1 0.1 Conventional 2,465 0.96 5 2-1
- 477 Central Avenue 6/30/2023 $1,221,777 0.1 Conventional 1,552 0.43 4 1-0
- 2 Horton Street 6/29/1999 $0 0.1 Colonial 2,235 0.21 3 1-1
- 0 Hurney Street 12/4/2007 $1 0.1 0.17 0 0-0
- 11 Bullock Street 10/29/2024 $1,618,000 0.1 Conventional 2,034 0.15 5 2-0
- 0 Yacht Club Road 9/14/1976 $0 0.1 2.05 0 0-0
- 473 Central Avenue 12/22/1998 $0 0.1 Conventional 1,884 0.39 5 2-1
- 83 Jewelers Avenue 10/3/2000 $0 0.1 Contemporary 1,384 0.51 4 2-0
- 88 Jewelers Avenue 5/3/2022 $750,000 0.1 Conventional 1,496 0.14 4 1-1
- 468 Central Avenue 7/1/2020 $1,250,000 0.1 Cape Cod 2,765 0.35 5 1-0
- 471 Central Avenue 9/28/2011 $855,000 0.1 Conventional 1,464 0.45 3 2-1
- 84 Jewelers Avenue 10/21/2016 $950,000 0.1 Contemporary 3,706 0.32 5 3-1
- 459 Central Avenue 3/29/2011 $650,000 0.1 Cape Cod 2,282 1.32 4 2-0
- 0 Hayward Street 1/1/1900 $0 0.1 0.05 0 0-0
Averages 6370 days $284,774 0.07 --- 1,714 0.36 --- ---  
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
40A04 004 113 498 Central Avenue