40 Lake Leaman Road, Falmouth, MA 02540

40 Lake Leaman Road Falmouth MA 02540
Owner Information
Owner 1
Tracy L Lewis
Owner 2
Andrew M Lofgren
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
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
$295,000.00
Total value
$1,083,500.00
Building value
$788,500.00
Estimated tax
$6,804.00
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 40 Lake Leaman Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 2016 Rooms 7 Bedrooms 3 Full baths 0 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.23 Roof Cover Asphalt AEM Value - Building $788,500.00 AEM Value - Land $295,000.00 AEM Value - Other $0.00 AEM Value - Total $1,083,500.00
A) 115 Jericho Path 0.3 6/4/2024 $1,325,000 2,246 $589.94 Cape Cod 1950 9 3 1 0 Gas 0.19 Asphalt $541,000 $389,300 $1,000 $931,300
B) 16 Nantucket Avenue 0.5 7/8/2024 $2,315,000 2,239 $1033.94 Colonial 2017 7 2 3 1 Gas 0.08 Asphalt $1,227,600 $695,100 $1,300 $1,924,000
C) 45 Maple Street 0.5 3/28/2024 $1,600,000 1,922 $832.47 Cape Cod 1970 7 3 3 0 Oil 0.17 Asphalt $608,800 $385,000 $1,500 $995,300
D) 179 Great Bay Street 0.5 4/22/2024 $1,441,500 1,725 $835.65 Contemporary 1964 6 3 2 0 Gas 0.12 Asphalt $424,900 $494,200 $1,800 $920,900
E) 37 Lawrence Street 0.6 7/12/2024 $1,500,000 2,460 $609.76 Raised Ranch 1964 8 5 2 0 Gas 0.09 Asphalt $443,000 $603,000 $1,000 $1,047,000
F) 64 Philadelphia Street 0.6 5/31/2024 $650,000 1,664 $390.63 Bungalow 1944 6 3 1 0 Gas 0.22 Asphalt $388,900 $234,900 $4,900 $628,700
G) 33 Dove Cottage Road 0.7 5/3/2024 $675,000 1,752 $385.27 Colonial 1978 6 3 2 1 Oil 0.39 Asphalt $385,300 $255,400 $0 $640,700
H) 76 Menauhant Road 0.7 7/18/2024 $975,000 1,697 $574.54 Gambrel 1934 8 5 1 1 Gas 0.15 Asphalt $266,800 $650,300 $10,900 $928,000
I) 24 Grasmere Drive 0.8 8/5/2024 $925,000 2,212 $418.17 Colonial 1965 7 4 2 1 Gas 0.53 Asphalt $437,700 $340,000 $0 $777,700
J) 11 Village Lane 0.9 8/16/2024 $705,000 2,016 $349.70 Colonial 1984 7 4 1 0 Gas 0.65 Asphalt $381,600 $251,800 $0 $633,400
K) 47 Irving Road 1.0 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
# 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 2,211 0.23 3 0-1 -
  Criteria
A 115 Jericho Path 6/4/2024 $1,325,000 0.3 Cape Cod 2,246 0.19 3 1-0
B 16 Nantucket Avenue 7/8/2024 $2,315,000 0.5 Colonial 2,239 0.08 2 3-1
C 45 Maple Street 3/28/2024 $1,600,000 0.5 Cape Cod 1,922 0.17 3 3-0
D 179 Great Bay Street 4/22/2024 $1,441,500 0.5 Contemporary 1,725 0.12 3 2-0
E 37 Lawrence Street 7/12/2024 $1,500,000 0.6 Raised Ranch 2,460 0.09 5 2-0
F 64 Philadelphia Street 5/31/2024 $650,000 0.6 Bungalow 1,664 0.22 3 1-0
G 33 Dove Cottage Road 5/3/2024 $675,000 0.7 Colonial 1,752 0.39 3 2-1
H 76 Menauhant Road 7/18/2024 $975,000 0.7 Gambrel 1,697 0.15 5 1-1
I 24 Grasmere Drive 8/5/2024 $925,000 0.8 Colonial 2,212 0.53 4 2-1
J 11 Village Lane 8/16/2024 $705,000 0.9 Colonial 2,016 0.65 4 1-0
K 47 Irving Road 4/16/2024 $1,355,000 1.0 Cape Cod 2,018 0.25 4 2-0
Averages 103 days $1,224,227 0.65 --- 1,996 0.26 --- ---  

Estimation of Market Value - $1,381,265

As of today, 09/19/2024, the estimated market value of 40 Lake Leaman Road, Falmouth considering the above 11 comparable properties is $1,381,265.

 

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
@ 40 Lake Leaman Road 1/25/2017 $1 0 Cape Cod 2,211 0.23 3 0-1 -
  Criteria
A 42 Lake Leaman Road 11/13/2023 $360,000 0.0 Ranch 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 1/1/1974 $0 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 10/13/2016 $1 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 10/16/2023 $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 1,449 0.17 2 1-0
O 32 Johnson Street 6/29/2015 $500,000 0.1 Cape Cod 1,717 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 7/15/2015 $634,000 0.1 Cape Cod 2,214 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 2-0
- 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 8/18/2022 $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 10/29/1979 $0 0.1 Ranch 1,526 0.19 4 1-0
- 15 Johnson Street 3/7/2008 $1 0.1 Cape Cod 1,442 0.2 4 2-0
- 21 Russell Road 12/31/2020 $1 0.1 Cape Cod 2,086 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 11/7/2005 $485,000 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 5307 days $150,410 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