2 Lake Leaman Road, Falmouth, MA 02540

2 Lake Leaman Road Falmouth MA 02540

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Owner Information

Owner 1

Paula M Cahill

Owner 2

Owner's Address

2 Lake Leaman Rd Falmouth, MA 02540-3626

Market Sale Information

Most recent sale date

11/26/1997

Previous sale date

6/30/1988

Transfer document #

11084-0282

Previous transfer document

06331-0339

Grantor

John P Cahill

Previous grantor

Azel C Young

Most recent sale price

$0.00

Previous sale price

$160,000.00

Site Information

Property ID

46 00K 000 013

Lot Size

0.23

Use Code

101 - Residential, single family

Zoning

Building Style

Gambrel

Number of Rooms

Stories

Number of Beds

Year Built

1920

Number of full baths

Condition

Average

Number of half baths

Finished Area

1728

Number of Kitchen

Gross Living Area

Number of Fireplaces

Bsmnt floot

Number of parking

Interior walls

Drywall

Floor type

Hardwood

Solar Hot Water

Roof Structure

Gambrel

Heating type

Hot Water

Roof Cover

Asphalt

Heating fuel

Oil

Frame type

Wood

Air Condition (%)

Sidings

Wood Shingle

Assessment Information

Fiscal Year

2024

Land Value

$295,000.00

Total value

$657,800.00

Building value

$361,400.00

Estimated tax

$4,130.00

Yard improvement value

$1,400.00

Flood Map MassMapper Google Street View

Certified Mass Appraisal

Realty Insiter's Estimated Market Value

$874,952 to $788,643

$874,952 - By Sales Comparison

	Living area (sqft)	Sale price
Subject Property
Comparables	1,666	$843,651
	sft x ($843,651/1,666 sft)	$874,952

$788,643 - By Uniform CAMA Approach

	Assessed value	Sale price
Subject Property
Comparables	$703,682	$843,651
	x ($843,651/$703,682)	$788,643

Comparable Properties

Mailing Labels $Valuation Report

Total Appraisal
Building Appraisal
Land Appraisal
Last Sale Price
Net Living Area
Number of Bedrooms
Lot Size
Year Built

Address 2 Lake Leaman Road	Proximity	Last Sold	Price	Net Living Area	Sale Price/sft $0.00	Style Gambrel	Age 1920	Rooms 6	Bedrooms 3	Full baths 1	Half baths 1	Heating Fuel Oil	Lot Size 0.23	Roof Cover Asphalt	AEM Value - Building $361,400.00	AEM Value - Land $295,000.00	AEM Value - Other $1,400.00	AEM Value - Total $657,800.00
A) 6 Lantern Lane	0.4	4/8/2024	$692,159	1,528	$452.98	Cape Cod	1950	7	4	1	0	Oil	0.29	Asphalt	$294,700	$265,800	$0	$560,500
B) 14 Lantern Lane	0.4	5/16/2024	$766,000	1,638	$467.64	Cape Cod	1971	4	2	2	0	Oil	0.44	Asphalt	$401,400	$286,600	$2,800	$690,800
C) 16 Hiawatha Street	0.6	3/27/2024	$763,500	1,408	$542.26	Ranch	1957	6	3	1	0	Oil	0.17	Asphalt	$328,700	$263,800	$900	$593,400
D) 9 Massasoit Street	0.6	8/28/2024	$360,000	1,634	$220.32	Raised Ranch	1957	6	3	2	0	Gas	0.11	Asphalt	$300,300	$373,700	$1,200	$675,200
E) 33 Dove Cottage Road	0.6	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
F) 45 Maple Street	0.6	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
G) 17 Randolph Street	0.7	7/9/2024	$652,000	1,344	$485.12	Cape Cod	1963	7	4	2	0	Gas	0.11	Asphalt	$278,900	$193,800	$900	$473,600
H) 179 Great Bay Street	0.7	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
I) 64 Philadelphia Street	0.7	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
J) 76 Menauhant Road	0.8	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
K) 11 Village Lane	1.0	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

Estimation of Market Value - $831,797

As of today, 09/19/2024, the estimated market value of 2 Lake Leaman Road, Falmouth considering the above 11 comparable properties is $831,797.

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

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)

F-HB

2 Lake Leaman Road

11/26/1997

Gambrel

1,728

0.23

1-1

Criteria

A	8 Lake Leaman Road	8/8/2012	$1	0.0	Cape Cod	2,276	0.33	4	2-0
B	12 Lake Leaman Road	4/15/2021	$100	0.0	Ranch	832	0.18	2	1-0
C	16 Lake Leaman Road	11/23/2020	$100	0.0	Cape Cod	1,690	0.2	3	1-1
D	15 Jericho Path	8/18/2014	$290,000	0.0	Contemporary	1,374	0.17	2	2-1
E	9 Jericho Path	7/22/2022	$100	0.0	Ranch	1,192	0.17	3	1-0
F	19 Jericho Path	12/2/2022	$1	0.0	Cape Cod	1,554	0.17	4	2-0
G	24 Jericho Path	10/18/2011	$1	0.0	Cape Cod	1,512	0.33	3	1-1
H	10 Young Road	5/28/2002	$0	0.0	Family Duplx	1,467	0.24	2	2-0
I	28 Falmouth Heights Road	7/1/2011	$1,300,000	0.0	Motel	5,890	0.85	12	12-0
J	20 Lake Leaman Road	3/30/2001	$193,000	0.0	Ranch	1,058	0.23	2	1-0
K	23 Jericho Path	10/19/2007	$470,000	0.1	Cape Cod	1,691	0.22	4	1-1
L	13 Lake Leaman Road	10/8/2021	$100	0.1	Cape Cod	1,737	0.25	4	2-0
M	38 Falmouth Heights Road	11/5/1990	$0	0.1	Ranch	941	0.31	2	1-0
N	44 Falmouth Heights Road	11/8/2021	$100	0.1	Contemporary	1,626	0.2	3	2-0
O	13 Russell Road	3/26/2009	$1	0.1	Conventional	1,956	0.18	2	0-0
P	24 Lake Leaman Road	1/19/2012	$100	0.1	Cape Cod	1,996	0.24	3	3-1
Q	15 Russell Road	9/11/2023	$1	0.1	Ranch	1,098	0.18	2	2-0
R	27 Jericho Path	4/5/2011	$364,000	0.1	Cape Cod	1,307	0.2	3	1-0
S	7 Russell Road	6/15/2023	$100	0.1	Ranch	1,176	0.18	3	1-0
T	28 Holland Street	11/27/2019	$100	0.1	Colonial	1,974	0.24	3	1-1
U	21 Russell Road	12/31/2020	$1	0.1	Cape Cod	2,086	0.18	4	2-1
V	50 Falmouth Heights Road	4/13/2023	$100	0.1	Family Conv	2,095	0.34	4	3-0
W	30 Jericho Path	3/5/2021	$100	0.1	Cape Cod	1,818	0.38	3	1-0
X	21 Lake Leaman Road	12/20/2007	$375,000	0.1	Ranch	1,134	0.21	3	1-0
Y	1 Russell Road	12/30/2011	$220,000	0.1	Ranch	1,098	0.21	2	1-0
Z	24 Young Road	7/15/2015	$634,000	0.1	Cape Cod	2,214	0.17	3	2-1
-	28 Lake Leaman Road	10/13/2016	$1	0.1	Ranch	1,534	0.25	3	2-0
-	25 Russell Road	12/9/2021	$10	0.1	Colonial	1,586	0.18	4	2-0
-	26 Holland Street	8/9/2012	$10	0.1	Cape Cod	1,650	0.26	4	2-0
-	29 Holland Street	11/20/2006	$360,000	0.1	Cape Cod	1,515	0.19	3	2-0
-	33 Jericho Path	3/24/1986	$140,000	0.1	Colonial	2,151	0.41	3	2-0
-	54 Falmouth Heights Road	2/1/2019	$100	0.1	Cape Cod	2,931	0.36	4	1-1
-	26 Young Road	5/17/1996	$122,000	0.1	Ranch	1,374	0.17	2	2-0
-	14 Russell Road	2/7/2019	$1	0.1	Ranch	1,512	0.2	3	1-0
-	27 Lake Leaman Road	8/9/2012	$100	0.1	Ranch	1,500	0.23	3	2-0
-	8 Russell Road	6/29/1984	$77,000	0.1	Ranch	1,020	0.2	2	1-0
-	20 Russell Road	5/15/2017	$86,000	0.1	Cape Cod	1,648	0.19	4	2-0
-	32 Lake Leaman Road	1/1/1974	$0	0.1	Ranch	1,106	0.25	2	1-0
-	29 Russell Road	5/12/2017	$10	0.1	Cape Cod	2,346	0.18	3	2-1
-	36 Jericho Path	5/15/2006	$420,000	0.1	Ranch	1,152	0.2	2	2-0
-	25 Holland Street	6/13/1996	$102,500	0.1	Cape Cod	1,280	0.19	4	1-0
-	27 Falmouth Heights Road	5/29/2019	$675,000	0.1	Office Build	3,454	0.31	2	1-0
-	16 Falmouth Heights Road	12/31/2021	$500,000	0.1	Cape Cod	1,512	0.18	4	2-0
-	24 Russell Road	1/11/2019	$565,000	0.1	Ranch	1,420	0.19	4	2-0
-	22 Holland Street	7/31/2019	$595,000	0.1	Cape Cod	1,260	0.27	3	2-0
-	30 Young Road	12/30/2019	$539,900	0.1	Gambrel	1,449	0.17	2	1-0
-	32 Johnson Street	6/29/2015	$500,000	0.1	Cape Cod	1,717	0.2	4	1-0
-	0 Windsor Road	7/7/1967	$0	0.1			2.24	0	0-0
-	60 Falmouth Heights Road	12/5/2016	$470,000	0.1	Cape Cod	1,456	0.28	3	2-0
-	35 Jericho Path	12/1/2006	$395,000	0.1	Ranch	1,104	0.21	3	1-0
-	11 Alma Road	3/17/2022	$100	0.1	Ranch	1,326	0.18	2	1-1
-	31 Russell Road	8/5/1987	$60,000	0.1	Ranch	988	0.18	2	1-0
-	36 Lake Leaman Road	10/20/1995	$111,200	0.1	Cape Cod	1,592	0.24	2	2-0
-	5 Alma Road	11/15/2021	$590,000	0.1	Cape Cod	1,752	0.19	4	2-0
-	21 Holland Street	4/5/2022	$1	0.1	Cape Cod	1,692	0.19	3	2-0
-	40 Jericho Path	12/30/2022	$1	0.1	Ranch	1,423	0.24	3	2-0
-	28 Russell Road	4/15/2022	$915,000	0.1	Colonial	1,910	0.19	3	2-1
-	15 Alma Road	3/23/2012	$250,000	0.1	Cape Cod	1,284	0.18	4	2-0
-	19 Falmouth Heights Road	12/29/2022	$1	0.1	Office Build	2,512	0.21	0	0-0
-	34 Young Road	4/12/2021	$1	0.1	Cape Cod	1,480	0.17	4	1-1
-	28 Johnson Street	11/2/2020	$620,000	0.1	Cape Cod	1,383	0.2	4	1-0
-	12 Falmouth Heights Road	5/22/1998	$138,000	0.1	Cape Cod	1,316	0.19	4	2-0
-	19 Alma Road	10/9/2013	$340,000	0.1	Ranch	1,438	0.18	3	1-0
-	18 Holland Street	1/13/2021	$620,000	0.1	Cape Cod	1,637	0.27	3	2-0
-	33 Lake Leaman Road	7/28/2022	$100	0.1	Cape Cod	2,131	0.23	3	2-0
-	39 Jericho Path	6/18/2001	$325,000	0.1	Contemporary	1,928	0.23	3	2-0
-	57 Falmouth Heights Road	12/29/2003	$3,720,000	0.1	Warehousing	6,856	0.53	0	1-2
-	40 Lake Leaman Road	1/25/2017	$1	0.1	Cape Cod	2,211	0.23	3	0-1
-	34 Russell Road	9/30/2003	$0	0.1	Ranch	1,138	0.19	3	1-0
-	17 Holland Street	10/29/1979	$0	0.1	Ranch	1,526	0.19	4	1-0
-	36 Young Road	11/14/2017	$1	0.1	Colonial	2,224	0.17	4	2-1
-	39 Russell Road	3/8/2021	$10	0.1	Ranch	988	0.18	3	1-0
-	25 Alma Road	10/4/2022	$1	0.1	Ranch	1,032	0.18	3	1-0
-	21 Falmouth Heights Road	5/22/2017	$227,000	0.1	Ranch	653	0.1	2	1-0
-	64 Falmouth Heights Road	10/26/1998	$179,900	0.1	Cape Cod	2,822	0.37	4	1-1
-	24 Johnson Street	2/7/2011	$1	0.1	Cape Cod	1,344	0.2	3	1-0
-	33 Johnson Street	1/1/1950	$0	0.1	Cape Cod	1,104	0.21	2	1-0
-	46 Jericho Path	1/24/2022	$1	0.1	Ranch	1,296	0.23	3	1-1
-	0 Benham Road	5/29/2019	$675,000	0.1			0.3	0	0-0
-	13 Falmouth Heights Road	6/8/2017	$385,000	0.1	Office Build	2,672	0.34	0	0-2
-	14 Holland Street	8/9/2016	$10	0.1	Cape Cod	1,466	0.24	3	1-0

Averages

4844 days

$229,024

0.09

---

1,674

0.26

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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 013 2 Lake Leaman Road