381 Edgewater Drive West, East Falmouth, MA 02536

381 Edgewater Drive West East Falmouth MA 02536
Owner Information
Owner 1
Paul F Schmitt
Owner 2
Debra A Schmitt
Owner's Address
6 Willowbrook Ln Mendon, MA 01756
Market Sale Information
Most recent sale date
12/29/2022
Previous sale date
12/15/1993
Transfer document #
35567-287
Previous transfer document
08946-0279
Grantor
OSHAUGHNESSY THOMAS F
Previous grantor
Most recent sale price
$10.00
Previous sale price
$250,000.00
Site Information
Property ID
41 06 000 053
Lot Size
0.43
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Colonial
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1954
Number of full baths
3
Condition
Average
Number of half baths
0
Finished Area
2182
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
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$652,300.00
Total value
$1,261,200.00
Building value
$574,100.00
Estimated tax
$7,920.00
Yard improvement value
$34,800.00
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 381 Edgewater Drive West Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Colonial Age 1954 Rooms 7 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.43 Roof Cover Asphalt AEM Value - Building $574,100.00 AEM Value - Land $652,300.00 AEM Value - Other $34,800.00 AEM Value - Total $1,261,200.00
A) 46 Fisher Road 0.2 4/30/2024 $875,000 2,031 $430.82 Cape Cod 1984 6 3 3 0 Gas 0.21 Asphalt $450,600 $204,900 $1,700 $657,200
B) 53 Eel River Road 0.2 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) 8 Tracy Circle 1.0 6/11/2024 $883,000 1,685 $524.04 Contemporary 1996 6 3 2 0 Oil 0.45 Asphalt $414,500 $246,900 $1,700 $663,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 381 Edgewater Drive West 12/29/2022 $10 0 Colonial 2,182 0.43 4 3-0 -
  Criteria
A 46 Fisher Road 4/30/2024 $875,000 0.2 Cape Cod 2,031 0.21 3 3-0
B 53 Eel River Road 7/15/2024 $650,000 0.2 Ranch 1,742 0.71 3 1-0
C 8 Tracy Circle 6/11/2024 $883,000 1.0 Contemporary 1,685 0.45 3 2-0
Averages 102 days $802,667 0.48 --- 1,819 0.46 --- ---  

Estimation of Market Value - $1,242,252

As of today, 09/18/2024, the estimated market value of 381 Edgewater Drive West, East Falmouth considering the above 3 comparable properties is $1,242,252.

 

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
@ 381 Edgewater Drive West 12/29/2022 $10 0 Colonial 2,182 0.43 4 3-0 -
  Criteria
A 0 Seacoast Shores Row 11/27/1981 $0 0.0 0.02 0 0-0
B 385 Edgewater Drive West 11/16/1992 $0 0.0 Colonial 2,886 0.34 4 3-0
C 373 Edgewater Drive West 4/16/2013 $1 0.0 Ranch 1,760 0.5 3 2-0
D 0 Ipswich Drive 3/4/2008 $100 0.0 0.33 0 0-0
E 391 Edgewater Drive West 4/13/2016 $1 0.0 Contemporary 1,488 0.31 3 2-0
F 374 Edgewater Drive West 9/25/1984 $60,000 0.0 Ranch 1,012 0.28 2 1-1
G 369 Edgewater Drive West 5/5/2010 $600,000 0.0 Custom 3,195 0.43 3 2-1
H 386 Edgewater Drive West 3/15/2004 $1 0.0 Ranch 1,340 0.27 3 1-0
I 395 Edgewater Drive West 12/28/1994 $0 0.1 Colonial 1,936 0.26 4 2-0
J 6 Ipswich Drive 1/13/1995 $0 0.1 0.21 0 0-0
K 368 Edgewater Drive West 9/16/1993 $0 0.1 Ranch 1,040 0.32 2 1-0
L 9 Ipswich Drive 10/2/2023 $1 0.1 Cape Cod 1,820 0.24 2 1-0
M 363 Edgewater Drive West 3/23/2010 $100 0.1 Colonial 1,960 0.38 4 2-0
N 8 Ormond Drive 8/8/2022 $1 0.1 Ranch 1,928 0.24 3 3-0
O 392 Edgewater Drive West 1/11/2019 $100 0.1 Cape Cod 2,378 0.28 3 2-0
P 11 Lynwood Terrace 11/13/2023 $650,100 0.1 Raised Ranch 1,248 0.21 3 2-0
Q 399 Edgewater Drive West 2/15/2013 $10 0.1 Contemporary 3,870 0.25 4 2-1
R 12 Ipswich Drive 7/24/2014 $10 0.1 Ranch 1,387 0.21 2 2-0
S 15 Ipswich Drive 1/14/2022 $100 0.1 Colonial 2,933 0.24 4 3-1
T 7 Ormond Drive 10/27/2017 $435,000 0.1 Ranch 848 0.24 2 1-1
U 398 Edgewater Drive West 12/6/2019 $421,487 0.1 Ranch 716 0.27 1 1-0
V 14 Ormond Drive 8/15/2018 $653,000 0.1 Colonial 1,740 0.24 5 2-1
W 359 Edgewater Drive West 1/13/2011 $10 0.1 Ranch 1,388 0.53 4 1-1
X 4 Lynwood Terrace 12/16/2019 $1 0.1 Ranch 1,200 0.38 4 2-1
Y 15 Lynwood Terrace 1/30/2004 $1 0.1 Ranch 777 0.21 3 0-0
Z 0 Ipswich Drive 8/19/1988 $58,000 0.1 0.21 0 0-0
- 0 Fenwick Road 10/27/2017 $435,000 0.1 0.24 0 0-0
- 0 Ormond Drive 2/6/1980 $0 0.1 0.24 0 0-0
- 14 Lynwood Terrace 7/14/2016 $100 0.1 Cape Cod 875 0.35 2 1-1
- 0 Edgewater Drive West 2/15/2013 $10 0.1 0.36 0 0-0
- 21 Ipswich Drive 7/24/2019 $555,000 0.1 Cape Cod 1,596 0.24 4 2-0
- 5 Fisher Road 3/17/2021 $751,000 0.1 Conventional 1,680 0.28 4 2-0
- 21 Lynwood Terrace 9/6/1996 $0 0.1 Cape Cod 864 0.21 2 1-0
- 353 Edgewater Drive West 10/16/2014 $600,000 0.1 Ranch 2,644 0.49 3 1-0
- 18 Ormond Drive 2/2/2017 $100 0.1 Ranch 1,008 0.24 4 1-0
- 9 Fisher Road 12/16/2014 $1 0.1 Ranch 1,427 0.24 3 2-0
- 22 Ipswich Drive 6/21/1982 $9,200 0.1 Cape Cod 1,569 0.21 3 2-0
- 0 Fenwick Road 7/11/1975 $0 0.1 0.24 0 0-0
- 404 Edgewater Drive West 2/15/2013 $10 0.1 Contemporary 1,211 0.31 1 2-0
- 0 Ormond Drive 10/10/2007 $100 0.1 0.24 0 0-0
- 18 Lynwood Terrace 10/1/2004 $258,000 0.1 Ranch 960 0.24 2 1-0
- 0 Seacoast Shores Row 11/27/1981 $0 0.1 0.08 0 0-0
- 25 Lynwood Terrace 3/22/2019 $100 0.1 0.21 0 0-0
- 15 Fisher Road 9/8/2015 $1 0.1 Ranch 700 0.24 2 1-0
- 27 Ipswich Drive 3/6/2020 $415,000 0.1 Colonial 2,072 0.24 3 2-0
- 24 Ormond Drive 6/15/2001 $0 0.1 Ranch 1,480 0.24 2 1-0
- 18 Fenwick Road 4/13/2023 $100 0.1 Ranch 1,602 0.24 2 1-0
- 405 Edgewater Drive West 1/7/2021 $100 0.1 Contemporary 5,381 0.78 3 4-2
- 0 Ipswich Drive 4/13/2016 $1 0.1 0.21 0 0-0
- 345 Edgewater Drive West 9/24/2013 $675,000 0.1 Colonial 2,735 0.35 5 3-0
- 19 Fisher Road 4/30/2001 $0 0.1 Ranch 1,232 0.24 3 1-0
- 24 Lynwood Terrace 7/30/2001 $0 0.1 0.24 0 0-0
- 342 Edgewater Drive West 8/8/1988 $95,000 0.1 Contemporary 908 0.28 2 1-0
Averages 6102 days $125,884 0.08 --- 1,298 0.28 --- ---  
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 06 000 053 381 Edgewater Drive West