281 Edgewater Drive West, East Falmouth, MA 02536

281 Edgewater Drive West East Falmouth MA 02536
Owner Information
Owner 1
John P Forbes
Owner 2
Margaret A Forbes
Owner's Address
13 Oxford Dr Franklin, MA 02038-3453
Market Sale Information
Most recent sale date
9/16/2011
Previous sale date
2/2/2010
Transfer document #
25684-64
Previous transfer document
24344-139
Grantor
Richard M McDonough
Previous grantor
Paul F McDonough
Most recent sale price
$501,500.00
Previous sale price
$1.00
Site Information
Property ID
41 02 000J 002
Lot Size
0.22
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Colonial
Number of Rooms
7
Stories
Number of Beds
3
Year Built
2015
Number of full baths
1
Condition
Average
Number of half baths
0
Finished Area
2288
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
$587,900.00
Total value
$1,318,000.00
Building value
$725,800.00
Estimated tax
$8,277.00
Yard improvement value
$4,300.00
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 281 Edgewater Drive West Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $219.19 Style Colonial Age 2015 Rooms 7 Bedrooms 3 Full baths 1 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.22 Roof Cover Asphalt AEM Value - Building $725,800.00 AEM Value - Land $587,900.00 AEM Value - Other $4,300.00 AEM Value - Total $1,318,000.00
A) 100 Madeline Road 0.3 11/15/2024 $765,000 1,920 $398.44 Raised Ranch 1975 8 5 2 0 Gas 0.2 Asphalt $297,700 $269,000 $9,200 $575,900
B) 53 Eel River Road 0.4 7/15/2024 $650,000 1,742 $373.13 Ranch 1974 6 3 1 0 Oil 0.71 Asphalt $215,600 $459,700 $0 $675,300
C) 85 Hanson Circle 0.5 12/11/2024 $215,000 2,240 $95.98 Colonial 1997 7 4 2 1 Gas 0.48 Asphalt $392,100 $266,700 $0 $658,800
D) 276 Davisville Road 1.0 11/20/2024 $1,325,000 1,834 $722.46 Cape Cod 1954 6 3 0 1 Gas 0.34 Asphalt $643,200 $140,500 $24,100 $807,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 281 Edgewater Drive West 9/16/2011 $501,500 0 Colonial 2,288 0.22 3 1-0 -
  Criteria
A 100 Madeline Road 11/15/2024 $765,000 0.3 Raised Ranch 1,920 0.2 5 2-0
B 53 Eel River Road 7/15/2024 $650,000 0.4 Ranch 1,742 0.71 3 1-0
C 85 Hanson Circle 12/11/2024 $215,000 0.5 Colonial 2,240 0.48 4 2-1
D 276 Davisville Road 11/20/2024 $1,325,000 1.0 Cape Cod 1,834 0.34 3 0-1
Averages 77 days $738,750 0.54 --- 1,934 0.43 --- ---  

Estimation of Market Value - $1,153,501

As of today, 01/08/2025, the estimated market value of 281 Edgewater Drive West, East Falmouth considering the above 4 comparable properties is $1,153,501.

 

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
@ 281 Edgewater Drive West 9/16/2011 $501,500 0 Colonial 2,288 0.22 3 1-0 -
  Criteria
A 285 Edgewater Drive West 10/27/2020 $599,900 0.0 Ranch 720 0.21 2 1-0
B 279 Edgewater Drive West 7/22/2005 $730,000 0.0 Ranch 1,188 0.25 2 2-1
C 277 Edgewater Drive West 4/24/2018 $1 0.0 Contemporary 1,944 0.2 3 2-0
D 0 Seacoast Shores Row 11/27/1981 $0 0.0 0.08 0 0-0
E 282 Edgewater Drive West 4/1/2008 $1 0.0 Ranch 1,152 0.18 3 1-1
F 278 Edgewater Drive West 1/10/2014 $200,000 0.0 Ranch 672 0.18 2 1-0
G 273 Edgewater Drive West 10/27/2011 $1 0.0 Colonial 2,168 0.18 3 3-0
H 12 Woodside Drive 5/23/2001 $85,000 0.0 Contemporary 2,299 0.26 4 2-0
I 269 Edgewater Drive West 1/5/2006 $1 0.0 Gambrel 2,116 0.2 6 2-1
J 295 Edgewater Drive West 9/20/2023 $1 0.1 Conventional 2,770 0.68 3 2-1
K 7 Ovington Drive 9/25/2017 $195,000 0.1 Ranch 800 0.17 2 1-0
L 292 Edgewater Drive West 3/31/2020 $374,600 0.1 Cape Cod 1,120 0.32 4 0-1
M 272 Edgewater Drive West 12/8/2022 $10 0.1 Cape Cod 2,241 0.37 3 3-0
N 267 Edgewater Drive West 5/12/2008 $946,000 0.1 Contemporary 2,412 0.23 3 2-0
O 22 Woodside Drive 9/30/2015 $10 0.1 Cape Cod 1,800 0.26 3 2-0
P 11 Ovington Drive 6/13/2018 $409,000 0.1 Ranch 1,200 0.17 3 1-0
Q 0 Pine Rock Road 11/9/1990 $0 0.1 0.28 0 0-0
R 17 Woodside Drive 7/8/2015 $100 0.1 Ranch 864 0.24 3 1-0
S 8 Ovington Drive 7/2/2021 $475,000 0.1 Cape Cod 1,573 0.35 3 1-1
T 263 Edgewater Drive West 4/3/2020 $1 0.1 Cape Cod 1,547 0.22 4 2-0
U 3 Ellsworth Drive 12/4/2018 $340,000 0.1 Ranch 912 0.26 2 1-0
V 301 Edgewater Drive West 4/4/1996 $145,000 0.1 Ranch 948 0.4 3 2-0
W 0 Woodside Drive 12/1/2016 $100 0.1 0.17 0 0-0
X 15 Ovington Drive 4/30/2015 $1 0.1 Ranch 864 0.17 3 1-0
Y 0 Seacoast Shores Row 11/27/1981 $0 0.1 0.04 0 0-0
Z 10 Pine Rock Road 10/27/1995 $110,000 0.1 Ranch 784 0.24 2 1-0
- 259 Edgewater Drive West 5/22/2023 $1 0.1 Ranch 1,027 0.18 2 1-0
- 25 Woodside Drive 6/23/2017 $100 0.1 Ranch 720 0.24 2 1-0
- 9 Ellsworth Drive 12/13/2016 $1 0.1 Ranch 988 0.17 3 1-0
- 16 Ovington Drive 11/27/2000 $0 0.1 Cape Cod 1,326 0.17 3 1-1
- 0 Edgewater Drive West 4/4/1996 $145,000 0.1 0.04 0 0-0
- 19 Ovington Drive 11/3/2003 $250,000 0.1 Cape Cod 1,057 0.17 3 2-0
- 53 Tobey Lane 2/27/2017 $1,280,000 0.1 Cape Cod 3,761 1.4 4 3-0
- 4 Ellsworth Drive 12/19/2014 $350,000 0.1 Ranch 1,120 0.25 3 2-0
- 3 Pine Rock Road 12/7/2023 $100 0.1 0.24 0 0-0
- 14 Pine Rock Road 11/20/2023 $1 0.1 Cape Cod 1,686 0.24 3 2-0
- 257 Edgewater Drive West 5/14/1998 $240,000 0.1 Cape Cod 2,068 0.19 3 2-0
- 13 Ellsworth Drive 10/27/2006 $270,000 0.1 Ranch 912 0.17 2 1-0
- 0 Clara Belle Road-Off 5/22/1990 $0 0.1 0.02 0 0-0
- 20 Ovington Drive 12/30/2019 $1 0.1 Ranch 704 0.17 2 1-0
- 51 Tobey Lane 7/12/2021 $1 0.1 Colonial 2,693 0.52 5 2-1
- 0 Edgewater Drive West 12/7/2023 $100 0.1 0.04 0 0-0
- 29 Woodside Drive 6/22/2007 $315,000 0.1 Raised Ranch 1,132 0.24 3 1-0
- 9 Pine Rock Road 12/7/2023 $100 0.1 Cape Cod 1,501 0.21 3 1-1
- 256 Edgewater Drive West 6/27/1984 $85,000 0.1 Cape Cod 1,620 0.21 3 2-0
- 0 Ovington Drive 1/1/1963 $0 0.1 0.17 0 0-0
- 10 Ellsworth Drive 4/29/2013 $260,000 0.1 Ranch 1,012 0.17 3 1-1
- 255 Edgewater Drive West 1/1/1954 $0 0.1 Ranch 1,116 0.19 3 1-0
- 17 Ellsworth Drive 11/1/1985 $79,900 0.1 Ranch 960 0.17 3 1-0
- 45 Tobey Lane 9/14/2016 $1,165,000 0.1 Ranch 1,634 0.53 3 0-0
- 26 Clara Belle Road 8/10/2001 $0 0.1 Cape Cod 1,989 0.29 4 2-0
- 20 Pine Rock Road 4/1/2009 $100 0.1 Ranch 1,363 0.24 3 1-1
- 24 Ovington Drive 7/16/2014 $288,500 0.1 Cape Cod 1,547 0.17 4 2-0
- 15 Pine Rock Road 1/28/2021 $100 0.1 Ranch 680 0.24 2 1-0
- 310 Edgewater Drive West 5/5/2021 $1 0.1 Cape Cod 1,380 0.45 4 1-1
- 14 Ellsworth Drive 2/16/2018 $1 0.1 Cape Cod 1,306 0.17 3 1-1
- 1 Winthrop Drive 11/23/2021 $660,000 0.1 Split or Bi 1,743 0.2 4 2-0
- 251 Edgewater Drive West 3/18/2011 $100 0.1 Split or Bi 1,845 0.18 4 3-0
- 25 Ovington Drive 6/28/1990 $0 0.1 Ranch 640 0.17 3 1-0
- 19 Ellsworth Drive 4/15/2004 $331,000 0.1 Cape Cod 1,392 0.17 3 1-1
- 35 Woodside Drive 12/8/2022 $625,000 0.1 Ranch 1,296 0.24 3 1-0
- 0 Clara Belle Road-Off 5/22/1990 $10,000 0.1 0 0 0-0
- 22 Clara Belle Road 1/7/2013 $1 0.1 Contemporary 1,092 0.33 4 2-0
Averages 5909 days $174,045 0.08 --- 1,197 0.24 --- ---  
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
41 02 000J002 281 Edgewater Drive West