12 Willis Lane, East Falmouth, MA 02536

12 Willis Lane East Falmouth MA 02536
Owner Information
Owner 1
Willis Lane LLC
Owner 2
Owner's Address
228 Park Ave S, P O Box 80449 New York, NY 10003-1502
Market Sale Information
Most recent sale date
5/1/2023
Previous sale date
12/2/2019
Transfer document #
35760-269
Previous transfer document
32511-315
Grantor
NEVERS JOHN M
Previous grantor
Most recent sale price
$3,125,000.00
Previous sale price
$1.00
Site Information
Property ID
45 15B 000A 005E
Lot Size
0.47
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Ranch
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1960
Number of full baths
2
Condition
Average
Number of half baths
0
Finished Area
1784
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
SolidPanel
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
$1,991,600.00
Total value
$2,542,900.00
Building value
$551,300.00
Estimated tax
$15,969.00
Yard improvement value
$0.00
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 12 Willis Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,751.68 Style Ranch Age 1960 Rooms 6 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.47 Roof Cover Asphalt AEM Value - Building $551,300.00 AEM Value - Land $1,991,600.00 AEM Value - Other $0.00 AEM Value - Total $2,542,900.00
A) 47 Misty Harbor Way 0.5 5/29/2024 $1,275,000 1,768 $721.15 Ranch 1981 6 3 2 0 Gas 0.49 Asphalt $455,700 $417,600 $1,000 $874,300
B) 48 Beach Street 0.6 8/19/2024 $950,000 1,540 $616.88 Cape Cod 1977 7 4 2 0 Electric 0.34 Asphalt $308,600 $687,500 $0 $996,100
C) 4 Whittier Road 0.6 3/20/2024 $750,000 1,944 $385.80 Cape Cod 1974 7 4 2 0 Gas 0.23 Asphalt $310,200 $368,900 $0 $679,100
D) 394 Davisville Road 0.6 4/16/2024 $1,220,000 1,485 $821.55 Cape Cod 1906 5 3 3 0 Gas 0.52 Asphalt $410,700 $423,400 $900 $835,000
E) 49 Seashell Lane 0.7 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
F) 47 Irving Road 0.8 4/16/2024 $1,355,000 2,018 $671.46 Cape Cod 1968 7 4 2 0 Gas 0.25 Asphalt $552,600 $372,100 $25,000 $949,700
G) 56 Portside Circle 0.8 8/29/2024 $905,000 1,456 $621.57 Ranch 1966 6 3 2 1 Gas 0.23 Asphalt $403,100 $258,100 $0 $661,200
H) 52 Cuttysark Road 0.9 8/27/2024 $975,000 1,520 $641.45 Ranch 1966 6 3 1 1 Gas 0.23 Asphalt $267,400 $258,100 $0 $525,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 12 Willis Lane 5/1/2023 $3,125,000 0 Ranch 1,784 0.47 3 2-0 -
  Criteria
A 47 Misty Harbor Way 5/29/2024 $1,275,000 0.5 Ranch 1,768 0.49 3 2-0
B 48 Beach Street 8/19/2024 $950,000 0.6 Cape Cod 1,540 0.34 4 2-0
C 4 Whittier Road 3/20/2024 $750,000 0.6 Cape Cod 1,944 0.23 4 2-0
D 394 Davisville Road 4/16/2024 $1,220,000 0.6 Cape Cod 1,485 0.52 3 3-0
E 49 Seashell Lane 5/20/2024 $1,100,000 0.7 Cape Cod 1,951 0.24 3 2-0
F 47 Irving Road 4/16/2024 $1,355,000 0.8 Cape Cod 2,018 0.25 4 2-0
G 56 Portside Circle 8/29/2024 $905,000 0.8 Ranch 1,456 0.23 3 2-1
H 52 Cuttysark Road 8/27/2024 $975,000 0.9 Ranch 1,520 0.23 3 1-1
Averages 101 days $1,066,250 0.69 --- 1,710 0.32 --- ---  

Estimation of Market Value - $2,269,838

As of today, 09/19/2024, the estimated market value of 12 Willis Lane, East Falmouth considering the above 8 comparable properties is $2,269,838.

 

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
@ 12 Willis Lane 5/1/2023 $3,125,000 0 Ranch 1,784 0.47 3 2-0 -
  Criteria
A 59 Davis Neck Road 1/1/1963 $0 0.0 0.17 0 0-0
B 16 Willis Lane 5/25/2006 $3,200,000 0.0 Custom 2,904 0.47 3 3-1
C 55 Davis Neck Road 10/2/2012 $2,089,412 0.0 Custom 3,090 0.23 3 2-1
D 8 Willis Lane 7/22/1981 $107,900 0.0 Cape Cod 1,536 0.23 5 2-0
E 14 Willis Lane 2/2/2023 $2,500,000 0.0 Contemporary 3,392 0.47 5 4-0
F 51 Davis Neck Road 8/28/2012 $1 0.0 Cape Cod 1,824 0.27 4 2-0
G 0 Davis Neck Road 6/22/1989 $0 0.0 0.3 0 0-0
H 18 Willis Lane 9/30/2014 $2,000,000 0.0 Custom 4,525 1.01 4 1-2
I 45 Davis Neck Road 12/22/2021 $100 0.1 Conventional 1,834 0.52 3 1-1
J 5 North Chop Lane 6/2/2006 $2,162,500 0.1 Contemporary 6,023 0.74 7 6-1
K 41 Davis Neck Road 4/27/2006 $1,850,000 0.1 Colonial 3,805 1.52 4 3-1
L 11 North Chop Lane 2/11/2004 $1,675,000 0.1 Contemporary 2,597 0.35 4 3-1
M 42 Anchor Lane 6/28/2013 $440,000 0.1 Cape Cod 1,340 0.23 2 1-0
N 48 Davis Neck Road 7/6/2006 $840,000 0.1 Cape Cod 2,897 0.55 4 3-1
O 39 Davis Neck Road 8/13/2020 $2,486,250 0.1 Contemporary 4,431 1.41 5 4-1
P 15 North Chop Lane 11/3/2015 $1,405,000 0.1 Colonial 2,272 0.35 5 2-0
Q 0 Davis Neck Road-Off 9/30/2014 $2,000,000 0.1 0.02 0 0-0
R 36 Anchor Lane 8/11/2021 $1,000,000 0.1 Ranch 1,254 0.25 3 2-0
S 14 Avenue A 11/9/1994 $82,000 0.1 Cape Cod 3,171 0.29 4 2-1
T 36 Davis Neck Road 1/20/2012 $10 0.1 Colonial 2,394 0.47 3 1-0
U 33 Davis Neck Road 7/21/2022 $1 0.1 Cape Cod 2,630 0.8 5 1-0
V 11 Avenue A 12/11/2017 $1,125,000 0.1 Cape Cod 2,807 0.44 4 1-2
W 0 Green Harbor Road 9/13/1991 $330,000 0.1 0.3 0 0-0
X 32 Anchor Lane 12/29/2020 $1 0.1 Cape Cod 1,702 0.23 3 1-0
Averages 6055 days $1,053,882 0.07 --- 2,351 0.48 --- ---  
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
45 15B000A005E 12 Willis Lane