261 Edgewater Drive East, East Falmouth, MA 02536

261 Edgewater Drive East East Falmouth MA 02536
Owner Information
Owner 1
Reidar S Davies
Owner 2
Owner's Address
78 Conlyn Ave Franklin, MA 02038
Market Sale Information
Most recent sale date
7/1/2022
Previous sale date
11/17/2011
Transfer document #
35224-283
Previous transfer document
25847-177
Grantor
Paul Nikodemos
Previous grantor
Victor H Vernet
Most recent sale price
$719,000.00
Previous sale price
$200,000.00
Site Information
Property ID
41 03 000K 053
Lot Size
0.16
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Ranch
Number of Rooms
4
Stories
Number of Beds
2
Year Built
1950
Number of full baths
1
Condition
Average
Number of half baths
0
Finished Area
1070
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
Hot Water
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$227,700.00
Total value
$550,300.00
Building value
$311,600.00
Estimated tax
$3,455.00
Yard improvement value
$11,000.00
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 261 Edgewater Drive East Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $671.96 Style Ranch Age 1950 Rooms 4 Bedrooms 2 Full baths 1 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.16 Roof Cover Asphalt AEM Value - Building $311,600.00 AEM Value - Land $227,700.00 AEM Value - Other $11,000.00 AEM Value - Total $550,300.00
A) 295 Seacoast Shores Boulevard 0.2 8/29/2024 $550,000 1,128 $487.59 Ranch 1966 6 3 1 0 Oil 0.17 Asphalt $234,400 $143,200 $13,200 $390,800
B) 18 Ingleside Drive 0.2 9/16/2024 $565,000 1,016 $556.10 Ranch 1962 6 3 1 0 Oil 0.21 Asphalt $296,900 $204,500 $1,400 $502,800
C) 16 Fairfield Drive 0.3 12/20/2024 $554,900 1,254 $442.50 Ranch 1963 4 2 1 0 Gas 0.24 Asphalt $287,200 $148,200 $900 $436,300
D) 192 Edgewater Drive West 0.3 12/30/2024 $650,000 1,056 $615.53 Raised Ranch 1984 6 3 2 0 Electric 0.21 Asphalt $248,400 $255,800 $0 $504,200
E) 97 Antlers Shore Drive 0.6 12/11/2024 $520,000 1,152 $451.39 Cape Cod 1970 7 4 1 0 Gas 0.2 Asphalt $217,000 $188,300 $9,600 $414,900
F) 52 Edgewater Drive West 0.8 10/17/2024 $460,000 1,176 $391.16 Ranch 1976 6 3 1 0 Oil 0.19 Asphalt $240,600 $129,700 $0 $370,300
G) 2 Pamela Lane 0.8 8/28/2024 $505,000 1,080 $467.59 Raised Ranch 1971 6 3 1 0 Gas 0.21 Asphalt $265,100 $145,700 $0 $410,800
H) 37 Seacoast Shores Boulevard 0.9 12/27/2024 $492,000 942 $522.29 Ranch 1955 7 4 2 0 Oil 0.19 Asphalt $251,000 $129,700 $0 $380,700
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 261 Edgewater Drive East 7/1/2022 $719,000 0 Ranch 1,070 0.16 2 1-0 -
  Criteria
A 295 Seacoast Shores Boulevard 8/29/2024 $550,000 0.2 Ranch 1,128 0.17 3 1-0
B 18 Ingleside Drive 9/16/2024 $565,000 0.2 Ranch 1,016 0.21 3 1-0
C 16 Fairfield Drive 12/20/2024 $554,900 0.3 Ranch 1,254 0.24 2 1-0
D 192 Edgewater Drive West 12/30/2024 $650,000 0.3 Raised Ranch 1,056 0.21 3 2-0
E 97 Antlers Shore Drive 12/11/2024 $520,000 0.6 Cape Cod 1,152 0.2 4 1-0
F 52 Edgewater Drive West 10/17/2024 $460,000 0.8 Ranch 1,176 0.19 3 1-0
G 2 Pamela Lane 8/28/2024 $505,000 0.8 Raised Ranch 1,080 0.21 3 1-0
H 37 Seacoast Shores Boulevard 12/27/2024 $492,000 0.9 Ranch 942 0.19 4 2-0
Averages 67 days $537,113 0.51 --- 1,101 0.2 --- ---  

Estimation of Market Value - $607,745

As of today, 01/08/2025, the estimated market value of 261 Edgewater Drive East, East Falmouth considering the above 8 comparable properties is $607,745.

 

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
@ 261 Edgewater Drive East 7/1/2022 $719,000 0 Ranch 1,070 0.16 2 1-0 -
  Criteria
A 76 Ellsworth Drive 12/1/2021 $789,000 0.0 Ranch 1,213 0.17 3 2-0
B 257 Edgewater Drive East 11/30/2004 $220,000 0.0 Cape Cod 1,645 0.16 3 1-1
C 72 Ellsworth Drive 8/13/2018 $1 0.0 Ranch 936 0.19 2 1-0
D 253 Edgewater Drive East 3/23/2021 $1 0.0 Cottage 791 0.18 2 1-0
E 262 Edgewater Drive East 12/29/2006 $100 0.0 Ranch 1,020 0.23 3 2-0
F 264 Edgewater Drive East 1/18/1982 $0 0.0 Ranch 672 0.21 2 1-0
G 70 Ellsworth Drive 1/22/2019 $100 0.0 Ranch 1,184 0.18 3 2-0
H 258 Edgewater Drive East 10/2/2019 $810,000 0.0 Cape Cod 1,896 0.33 4 1-1
I 77 Ellsworth Drive 2/21/2020 $1 0.0 Ranch 1,092 0.19 3 1-0
J 268 Edgewater Drive East 3/9/2021 $100 0.0 Ranch 1,008 0.2 5 1-0
K 68 Ellsworth Drive 10/22/1971 $0 0.0 Cape Cod 2,485 0.19 4 1-1
L 254 Edgewater Drive East 11/12/2013 $1 0.0 Cape Cod 2,062 0.35 3 3-1
M 71 Ellsworth Drive 12/19/2001 $0 0.0 Cape Cod 1,510 0.19 5 2-0
N 275 Edgewater Drive East 12/2/2019 $430,000 0.0 Ranch 1,040 0.21 3 1-0
O 272 Edgewater Drive East 5/31/2018 $1 0.0 Ranch 768 0.22 3 2-0
P 0 Seacoast Shores Row 11/27/1981 $0 0.0 0.11 0 0-0
Q 245 Edgewater Drive East 6/28/2023 $650,000 0.0 Cape Cod 1,001 0.21 3 2-0
R 250 Edgewater Drive East 9/18/2000 $375,000 0.1 Contemporary 2,848 0.2 5 3-0
S 67 Ellsworth Drive 6/4/2004 $100 0.1 Cape Cod 1,580 0.19 3 2-0
T 64 Ellsworth Drive 5/14/2002 $0 0.1 Ranch 1,520 0.18 2 1-0
U 274 Edgewater Drive East 4/15/2010 $1 0.1 Ranch 1,156 0.34 2 2-0
V 279 Edgewater Drive East 9/9/2020 $394,000 0.1 Cape Cod 1,615 0.2 3 2-0
W 243 Edgewater Drive East 3/4/2022 $379,000 0.1 Cape Cod 1,620 0.21 3 2-0
X 246 Edgewater Drive East 8/18/1982 $45,000 0.1 Ranch 1,340 0.18 3 2-0
Y 63 Ellsworth Drive 3/20/2017 $100 0.1 Raised Ranch 1,184 0.18 5 1-0
Z 60 Ellsworth Drive 7/12/2018 $1 0.1 Ranch 888 0.18 2 1-0
- 280 Edgewater Drive East 12/18/2009 $1 0.1 Ranch 1,040 0.31 3 1-0
- 68 Ovington Drive 5/6/2019 $437,000 0.1 Gambrel 1,499 0.21 4 2-0
- 285 Edgewater Drive East 8/18/1998 $0 0.1 Colonial 2,073 0.2 4 2-0
- 242 Edgewater Drive East 11/15/2010 $1 0.1 Ranch 720 0.18 2 1-0
- 73 Bayside Drive 2/8/2022 $1 0.1 Contemporary 2,092 0.17 3 0-0
- 239 Edgewater Drive East 8/31/2022 $675,000 0.1 Cottage 960 0.21 2 1-0
- 59 Ellsworth Drive 11/7/2016 $399,000 0.1 Ranch 984 0.18 3 1-0
- 282 Edgewater Drive East 11/20/2020 $748,000 0.1 Colonial 1,736 0.18 3 2-0
- 69 Bayside Drive 7/22/2021 $435,000 0.1 Cape Cod 1,176 0.18 2 1-0
- 64 Ovington Drive 4/11/2014 $245,000 0.1 Cape Cod 1,694 0.18 3 1-1
- 0 Edgewater Drive East 11/23/1976 $0 0.1 0.8 0 0-0
- 56 Ellsworth Drive 12/27/2016 $325,000 0.1 Ranch 1,456 0.18 3 1-1
- 67 Bayside Drive 10/5/2015 $10 0.1 Cape Cod 2,156 0.18 3 2-1
- 240 Edgewater Drive East 12/4/2014 $730,000 0.1 Contemporary 2,128 0.18 2 2-0
- 0 Edgewater Drive East 9/21/1983 $0 0.1 0.06 0 0-0
- 55 Ellsworth Drive 6/5/2017 $1 0.1 Ranch 1,288 0.18 3 2-0
- 62 Ovington Drive 12/6/1971 $0 0.1 Cape Cod 942 0.18 2 0-0
- 63 Bayside Drive 1/10/2021 $440,000 0.1 Cape Cod 1,152 0.18 4 1-0
- 69 Ovington Drive 1/14/2005 $0 0.1 Colonial 1,263 0.19 3 1-1
- 52 Ellsworth Drive 9/21/2015 $205,000 0.1 Ranch 640 0.17 2 1-0
- 286 Edgewater Drive East 10/14/2009 $537,500 0.1 Cape Cod 2,480 0.37 2 2-0
- 59 Bayside Drive 2/26/2020 $10 0.1 Ranch 672 0.17 2 0-0
- 80 Bayside Drive 10/15/2015 $1 0.1 Ranch 480 0.2 2 1-0
- 58 Ovington Drive 3/27/1992 $0 0.1 Cape Cod 1,724 0.18 4 1-0
- 51 Ellsworth Drive 9/29/1987 $103,500 0.1 Contemporary 1,636 0.17 4 3-0
- 84 Bayside Drive 10/23/2019 $1 0.1 Raised Ranch 1,788 0.26 5 1-1
- 63 Ovington Drive 11/1/2023 $392,000 0.1 Cape Cod 1,296 0.26 4 1-0
- 233 Edgewater Drive East 5/28/1992 $160,000 0.1 Cape Cod 1,606 0.2 3 2-0
- 50 Ellsworth Drive 7/25/2002 $200,000 0.1 Ranch 825 0.18 3 1-0
- 55 Bayside Drive 4/15/2005 $275,000 0.1 Ranch 560 0.17 2 1-0
- 293 Edgewater Drive East 8/24/2020 $100 0.1 Ranch 988 0.19 3 1-0
- 54 Ovington Drive 4/27/2023 $625,000 0.1 Cape Cod 1,894 0.17 4 2-0
- 48 Winthrop Drive 6/30/2008 $285,000 0.1 Ranch 1,530 0.18 2 1-0
- 232 Edgewater Drive East 3/31/2014 $752,500 0.1 Colonial 1,968 0.27 4 1-1
- 294 Edgewater Drive East 12/11/2006 $1 0.1 Raised Ranch 777 0.17 3 1-1
- 49 Ellsworth Drive 1/5/2004 $275,000 0.1 Split or Bi 1,020 0.18 3 2-0
- 64 Bayside Drive 9/5/2014 $230,000 0.1 Ranch 848 0.18 3 1-0
- 57 Ovington Drive 7/31/1996 $85,000 0.1 Cape Cod 1,484 0.27 4 1-0
- 229 Edgewater Drive East 9/7/2021 $440,000 0.1 Ranch 1,200 0.22 3 1-0
- 51 Bayside Drive 9/21/2022 $100 0.1 Ranch 609 0.17 2 1-0
- 264 Seacoast Shores Boulevard 11/15/2018 $157,500 0.1 Ranch 1,056 0.19 3 0-1
- 62 Bayside Drive 9/13/2016 $1 0.1 Ranch 1,300 0.18 4 3-0
- 46 Ellsworth Drive 5/15/2012 $1 0.1 Ranch 664 0.19 2 1-0
- 50 Ovington Drive 7/18/2012 $315,000 0.1 Ranch 1,216 0.18 3 2-0
Averages 5455 days $193,782 0.08 --- 1,267 0.21 --- ---  
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 03 000K053 261 Edgewater Drive East