40 Lake Leaman Road, Falmouth, MA 02540

40 Lake Leaman Road Falmouth MA 02540
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Owner Information
Owner 1
Tracy L Lewis
Owner 2
Owner's Address
40 Lake Leaman Rd Falmouth, MA 02540
Market Sale Information
Most recent sale date
1/25/2017
Previous sale date
9/20/2010
Transfer document #
30258-16
Previous transfer document
24840-102
Grantor
Clark L Lofgren
Previous grantor
Thomas J Bernardo
Most recent sale price
$1.00
Previous sale price
$325,000.00
Site Information
Property ID
46 00K 000 003
Lot Size
0.23
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Cape Cod
Number of Rooms
7
Stories
Number of Beds
3
Year Built
2016
Number of full baths
0
Condition
Average
Number of half baths
1
Finished Area
2211.6
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 (%)
1
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$324,500.00
Total value
$1,195,900.00
Building value
$871,400.00
Estimated tax
$7,019.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
8 Iroquois Street69 Hamlin Avenue30 Shore Street55 Bourne Street63 Queen Street40 Lake Leaman Road$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Subject PropertyTotal Assessment ($)Total Assessment
Address 40 Lake Leaman Road A) 8 Iroquois StreetB) 55 Bourne StreetC) 63 Queen StreetD) 30 Shore StreetE) 69 Hamlin Avenue
Photo
Plan
Map
Proximity 0.40.60.70.90.9
Last Sold 4/25/20254/11/20255/23/20254/17/202512/18/2024
Price $925,000$1,250,000$1,480,000$690,000$730,000
Net Living Area 1,7172,4102,0481,9842,002
Stories
Sale Price/sft $0.00$538.73$518.67$722.66$347.78$364.64
Style Cape CodRanchCape CodColonialColonialCape Cod
Age 201619631999193018701930
Rooms 766777
Bedrooms 333344
Full baths 012322
Half baths 111000
Gross Living Area
Heating Fuel GasGasGasGasOilOil
Detached Garage
Lot Size 0.230.170.220.290.150.25
Roof Cover AsphaltAsphaltAsphaltAsphaltAsphaltAsphalt
AEM Value - Building $871,400.00$302,900$560,800$731,800$352,900$346,900
AEM Value - Land $324,500.00$286,600$246,600$335,200$310,700$250,500
AEM Value - Other $0.00$2,100$6,200$24,800$0$7,200
AEM Value - Total $1,195,900.00$591,600$813,600$1,091,800$663,600$604,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Lake Leaman Road 1/25/2017 $1 0 Cape Cod 2,212 0.23 3 0-1 -
  Criteria
A 8 Iroquois Street 4/25/2025 $925,000 0.4 Ranch 1,717 0.17 3 1-1
B 55 Bourne Street 4/11/2025 $1,250,000 0.6 Cape Cod 2,410 0.22 3 2-1
C 63 Queen Street 5/23/2025 $1,480,000 0.7 Colonial 2,048 0.29 3 3-0
D 30 Shore Street 4/17/2025 $690,000 0.9 Colonial 1,984 0.15 4 2-0
E 69 Hamlin Avenue 12/18/2024 $730,000 0.9 Cape Cod 2,002 0.25 4 2-0
Averages 58 days $1,015,000 0.68 --- 2,032 0.22 --- ---  

Estimation of Market Value - $1,358,260

As of today, 05/29/2025, the estimated market value of 40 Lake Leaman Road, Falmouth considering the above 5 comparable properties is $1,358,260.

 

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
Copy to Clipboard
Subject Property33 Alma Road39 Russell Road31 Russell Road31 Alma Road34 Russell Road38 Young Road26 Young Road44 Russell Road43 Russell Road39 Alma Road34 Young Road25 Russell Road76 Raymond Street21 Russell Road30 Young Road42 Young Road61 Raymond Street43 Alma Road120 Worcester Court70 Lake Leaman Road28 Russell Road40 Russell Road48 Russell Road29 Russell Road24 Young Road36 Young Road40 Lake Leaman Road$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Lake Leaman Road 1/25/2017 $1 0 Cape Cod 2,212 0.23 3 0-1 -
  Criteria
A 42 Lake Leaman Road 11/13/2023 $360,000 0.0 Conventional 1,596 0.22 2 2-0
B 36 Lake Leaman Road 10/20/1995 $111,200 0.0 Cape Cod 1,592 0.24 2 2-0
C 32 Lake Leaman Road 10/24/2024 $755,000 0.0 Ranch 1,106 0.25 2 1-0
D 46 Lake Leaman Road 9/22/2014 $375,000 0.0 Cape Cod 1,995 0.21 3 2-0
E 33 Lake Leaman Road 7/28/2022 $100 0.0 Cape Cod 2,131 0.23 3 2-0
F 28 Lake Leaman Road 1/24/2025 $400,000 0.0 Ranch 1,534 0.25 3 2-0
G 33 Johnson Street 1/1/1950 $0 0.0 Cape Cod 1,104 0.21 2 1-0
H 27 Lake Leaman Road 8/9/2012 $100 0.1 Ranch 1,500 0.23 3 2-0
I 24 Lake Leaman Road 1/19/2012 $100 0.1 Cape Cod 1,996 0.24 3 3-1
J 36 Young Road 11/14/2017 $1 0.1 Colonial 2,224 0.17 4 2-1
K 38 Young Road 1/12/2024 $1 0.1 Ranch 720 0.18 2 1-1
L 34 Young Road 4/12/2021 $1 0.1 Cape Cod 1,480 0.17 4 1-1
M 42 Young Road 8/10/2020 $492,000 0.1 Cape Cod 1,803 0.23 3 2-0
N 30 Young Road 12/30/2019 $539,900 0.1 Gambrel 1,450 0.17 2 1-0
O 32 Johnson Street 6/29/2015 $500,000 0.1 Cape Cod 1,718 0.2 4 1-0
P 27 Johnson Street 12/14/2017 $365,000 0.1 Colonial 2,700 0.2 4 1-0
Q 20 Lake Leaman Road 3/30/2001 $193,000 0.1 Ranch 1,058 0.23 2 1-0
R 26 Young Road 5/17/1996 $122,000 0.1 Ranch 1,374 0.17 2 2-0
S 21 Lake Leaman Road 12/20/2007 $375,000 0.1 Ranch 1,134 0.21 3 1-0
T 24 Young Road 8/15/2024 $100 0.1 Cape Cod 2,215 0.17 3 2-1
U 43 Russell Road 9/10/2021 $10 0.1 Ranch 1,294 0.18 3 2-0
V 28 Johnson Street 11/2/2020 $620,000 0.1 Cape Cod 1,383 0.2 4 1-0
W 120 Worcester Court 6/19/2018 $477,000 0.1 Ranch 1,092 0.27 3 1-0
X 39 Russell Road 3/8/2021 $10 0.1 Ranch 988 0.18 3 1-0
Y 29 Holland Street 11/20/2006 $360,000 0.1 Cape Cod 1,515 0.19 3 2-0
Z 16 Lake Leaman Road 11/23/2020 $100 0.1 Cape Cod 1,690 0.2 3 1-1
- 23 Johnson Street 2/12/1999 $0 0.1 Cape Cod 1,598 0.2 4 2-0
- 56 Raymond Street 1/1/1966 $0 0.1 Cape Cod 1,700 0.32 5 2-0
- 31 Russell Road 8/5/1987 $60,000 0.1 Ranch 988 0.18 2 1-0
- 61 Lake Leaman Road 3/31/2016 $452,000 0.1 Ranch 1,208 0.29 2 1-0
- 62 Raymond Street 6/15/2023 $1 0.1 Cape Cod 2,122 0.6 4 2-0
- 25 Holland Street 6/13/1996 $102,500 0.1 Cape Cod 1,280 0.19 4 1-0
- 12 Lake Leaman Road 4/15/2021 $100 0.1 Ranch 832 0.18 2 1-0
- 24 Johnson Street 2/7/2011 $1 0.1 Cape Cod 1,344 0.2 3 1-0
- 29 Russell Road 5/12/2017 $10 0.1 Cape Cod 2,346 0.18 3 2-1
- 46 Raymond Street 7/13/2016 $100 0.1 Cape Cod 1,638 0.28 3 1-0
- 13 Lake Leaman Road 10/8/2021 $100 0.1 Cape Cod 1,737 0.25 4 2-0
- 21 Johnson Street 10/16/2014 $472,000 0.1 Cape Cod 1,664 0.2 3 2-1
- 8 Lake Leaman Road 8/8/2012 $1 0.1 Cape Cod 2,276 0.33 4 3-0
- 21 Holland Street 4/5/2022 $1 0.1 Cape Cod 1,692 0.19 3 2-0
- 68 Raymond Street 7/22/2005 $639,900 0.1 Cape Cod 1,913 0.44 3 1-0
- 44 Russell Road 7/17/2019 $390,000 0.1 Ranch 1,040 0.17 3 1-0
- 42 Raymond Street 12/8/2006 $1 0.1 Ranch 1,140 0.28 3 1-0
- 25 Russell Road 12/9/2021 $10 0.1 Colonial 1,586 0.18 4 2-0
- 40 Russell Road 7/14/1995 $103,000 0.1 Colonial 2,268 0.18 3 2-0
- 48 Russell Road 12/9/2024 $100 0.1 Ranch 1,458 0.21 2 2-0
- 20 Johnson Street 1/20/2022 $100 0.1 Cape Cod 1,512 0.2 4 2-0
- 28 Holland Street 11/27/2019 $100 0.1 Colonial 1,974 0.24 3 1-1
- 34 Russell Road 9/30/2003 $0 0.1 Ranch 1,138 0.19 3 1-0
- 38 Raymond Street 3/16/2001 $191,500 0.1 Ranch 831 0.27 2 1-0
- 17 Holland Street 5/10/2024 $1 0.1 Ranch 1,526 0.19 4 1-0
- 15 Johnson Street 2/26/2024 $1 0.1 Cape Cod 1,442 0.2 4 2-0
- 21 Russell Road 12/31/2020 $1 0.1 Cape Cod 2,087 0.18 4 2-1
- 2 Lake Leaman Road 11/26/1997 $0 0.1 Gambrel 1,728 0.23 3 1-1
- 28 Russell Road 4/15/2022 $915,000 0.1 Colonial 1,910 0.19 3 2-1
- 26 Holland Street 8/9/2012 $10 0.1 Cape Cod 1,650 0.26 4 2-0
- 76 Raymond Street 12/8/2006 $355,000 0.1 Ranch 1,196 0.43 3 1-1
- 24 Jericho Path 10/18/2011 $1 0.1 Cape Cod 1,512 0.33 3 1-1
- 39 Alma Road 1/28/2013 $339,000 0.1 Colonial 2,214 0.18 4 2-1
- 67 Lake Leaman Road 6/11/2013 $100 0.1 Cape Cod 2,844 0.24 4 1-1
- 70 Lake Leaman Road 5/15/2023 $1 0.1 Ranch 1,490 0.26 3 1-0
- 10 Young Road 5/28/2002 $0 0.1 Family Duplx 1,467 0.24 2 2-0
- 43 Alma Road 4/30/2018 $1 0.1 Cape Cod 1,890 0.21 4 2-0
- 33 Alma Road 3/6/2014 $10 0.1 Ranch 1,160 0.18 3 1-0
- 61 Raymond Street 8/29/1988 $168,000 0.1 Cape Cod 1,910 0.27 4 2-0
- 16 Johnson Street 1/31/2024 $100 0.1 Cape Cod 2,234 0.2 3 3-0
- 47 Raymond Street 4/17/2009 $100 0.1 Ranch 912 0.27 2 1-0
- 31 Alma Road 7/23/2019 $10 0.1 Ranch 1,468 0.18 4 1-0
- 34 Raymond Street 5/21/1998 $180,000 0.1 Cape Cod 1,666 0.29 4 2-0
Averages 4767 days $150,935 0.09 --- 1,594 0.23 --- ---  
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
46 00K000 003 40 Lake Leaman Road