488 Central Avenue, East Falmouth, MA 02536

488 Central Avenue East Falmouth MA 02536
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Owner Information
Owner 1
Dorothy Smith
Owner 2
Owner's Address
488 Central Ave East Falmouth, MA 02536
Market Sale Information
Most recent sale date
7/12/2021
Previous sale date
7/1/1992
Transfer document #
226908-
Previous transfer document
127096
Grantor
488 Central Ave Partnership
Previous grantor
Harris Kramer Garrett
Most recent sale price
$616,000.00
Previous sale price
$0.00
Site Information
Property ID
40A 05 001 000
Lot Size
0.18
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Conventional
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1934
Number of full baths
2
Condition
Average
Number of half baths
1
Finished Area
2774
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
$632,700.00
Total value
$982,200.00
Building value
$349,500.00
Estimated tax
$6,168.00
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 488 Central Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $222.06 Style Conventional Age 1934 Rooms 7 Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.18 Roof Cover Asphalt AEM Value - Building $349,500.00 AEM Value - Land $632,700.00 AEM Value - Other $0.00 AEM Value - Total $982,200.00
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
@ 488 Central Avenue 7/12/2021 $616,000 0 Conventional 2,774 0.18 4 2-1 -
  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 0.95 --- 2,823 0.73 --- ---  

Estimation of Market Value - $1,747,456

As of today, 09/19/2024, the estimated market value of 488 Central Avenue, East Falmouth considering the above 1 comparable properties is $1,747,456.

 

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
@ 488 Central Avenue 7/12/2021 $616,000 0 Conventional 2,774 0.18 4 2-1 -
  Criteria
A 490 Central Avenue 6/13/2018 $1 0.0 Conventional 3,328 0.18 5 2-2
B 0 Central Avenue 1/17/2020 $316,766 0.0 0.09 0 0-0
C 6 Bliss Street 12/29/2005 $1 0.0 Cottage 2,053 0.31 4 1-1
D 101 Jewelers Avenue 12/17/2008 $100 0.0 Conventional 1,957 0.27 4 1-1
E 10 Bliss Street 6/2/2023 $333,334 0.0 Conventional 1,716 0.14 5 2-0
F 480 Central Avenue 11/5/2007 $100 0.0 Conventional 1,942 0.14 4 1-0
G 107 Jewelers Avenue 12/31/2001 $0 0.0 Conventional 2,436 0.19 4 2-0
H 498 Central Avenue 1/17/2020 $316,766 0.0 Conventional 2,421 0.18 5 1-1
I 97 Jewelers Avenue 12/6/2018 $100 0.0 Conventional 1,763 0.07 5 2-0
J 483 Central Avenue 4/27/2022 $100 0.0 Conventional 2,169 0.33 4 2-1
K 491 Central Avenue 5/10/2012 $1 0.0 Cape Cod 3,463 0.37 5 2-0
L 95 Jewelers Avenue 3/4/1974 $50,000 0.0 Conventional 1,631 0.08 5 2-0
M 113 Jewelers Avenue 10/26/2005 $100 0.0 Conventional 2,000 0.28 4 2-1
N 93 Jewelers Avenue 1/3/2018 $1,275,000 0.0 Contemporary 2,870 0.17 5 4-1
O 502 Central Avenue 2/23/2023 $1 0.0 Conventional 3,680 0.18 4 3-1
P 7 Bullock Street 5/3/1995 $0 0.0 Conventional 1,516 0.2 5 2-1
Q 2 Horton Street 6/29/1999 $0 0.1 Colonial 2,235 0.21 3 1-1
R 8 Hurney Street 12/3/2018 $1,595,000 0.1 Conventional 2,864 0.15 4 1-1
S 0 Bliss Street 12/17/2008 $100 0.1 0.27 0 0-0
T 117 Jewelers Avenue 1/21/1999 $0 0.1 Ranch 1,120 0.21 3 2-1
U 0 Cummings Street 12/31/2001 $0 0.1 0.26 0 0-0
V 0 Horton Street 3/5/2018 $343,333 0.1 0.46 0 0-0
W 477 Central Avenue 6/30/2023 $1,221,777 0.1 Conventional 1,552 0.43 4 1-0
X 83 Jewelers Avenue 10/3/2000 $0 0.1 Contemporary 1,384 0.51 4 2-0
Y 0 Jewelers Avenue 4/30/1998 $0 0.1 0.31 0 0-0
Z 473 Central Avenue 12/22/1998 $0 0.1 Conventional 1,884 0.39 5 2-1
- 468 Central Avenue 7/1/2020 $1,250,000 0.1 Cape Cod 2,765 0.35 5 1-0
- 0 Central Avenue 2/23/2023 $1 0.1 0.33 0 0-0
- 507 Central Avenue 10/29/2020 $10 0.1 Colonial 3,333 0.6 5 2-0
- 497 Central Avenue 11/7/2022 $1 0.1 Cape Cod 3,563 0.98 5 4-1
- 11 Bullock Street 10/12/2017 $10 0.1 Conventional 2,034 0.15 5 2-0
- 88 Jewelers Avenue 5/3/2022 $750,000 0.1 Conventional 1,496 0.14 4 1-1
- 10 Bullock Street 7/11/2007 $990,000 0.1 Cape Cod 2,768 0.36 4 3-1
- 121 Jewelers Avenue 1/21/1999 $0 0.1 Colonial 3,081 0.34 5 4-0
- 471 Central Avenue 9/28/2011 $855,000 0.1 Conventional 1,464 0.45 3 2-1
- 16 Hurney Street 12/4/2007 $1 0.1 Gambrel 1,829 0.6 4 2-0
- 0 Hayward Street 1/1/1900 $0 0.1 0.05 0 0-0
- 0 Jewelers Avenue 1/1/1965 $0 0.1 0.12 0 0-0
- 0 Central Avenue 3/2/2012 $1 0.1 0.13 0 0-0
- 84 Jewelers Avenue 10/21/2016 $950,000 0.1 Contemporary 3,706 0.32 5 3-1
- 0 Yacht Club Road 9/14/1976 $0 0.1 2.05 0 0-0
- 461 Central Avenue 2/11/2010 $100 0.1 Cape Cod 3,745 0.61 5 3-0
- 459 Central Avenue 3/29/2011 $650,000 0.1 Cape Cod 2,282 1.32 4 2-0
- 0 Hurney Street 12/4/2007 $1 0.1 0.17 0 0-0
- 0 Menauhant Road 2/23/2023 $1 0.1 0.56 0 0-0
- 9 Hotel Street 3/2/2012 $1 0.1 Cape Cod 3,916 0.5 5 3-0
- 458 Central Avenue 11/1/2001 $745,000 0.1 Ranch 2,200 0.5 4 3-0
- 0 Menauhant Road 9/19/2013 $1 0.1 0.07 0 0-0
- 74 Jewelers Avenue 8/11/2010 $1 0.1 Conventional 2,682 0.46 5 3-0
- 663 Menauhant Road 2/24/2012 $1 0.1 Conventional 2,465 0.96 5 2-1
Averages 6310 days $232,854 0.07 --- 1,786 0.37 --- ---  
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
40A05 001 000 488 Central Avenue