424 Grand Avenue, Falmouth, MA 02540

424 Grand Avenue Falmouth MA 02540

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Owner Information

Owner 1

Peter R Akins

Owner 2

Pr Akins Rev Trust

Owner's Address

57 Candlewood Ln Braintree, MA 02184

Market Sale Information

Most recent sale date

11/20/2020

Previous sale date

7/26/1985

Transfer document #

33498-4

Previous transfer document

04639-0156

Grantor

Peter R Akins

Previous grantor

Thomas L Matthews

Most recent sale price

$100.00

Previous sale price

$137,500.00

Site Information

Property ID

46B 02 013 027

Lot Size

0.07

Use Code

101 - Residential, single family

Zoning

Building Style

Ranch

Number of Rooms

Stories

Number of Beds

Year Built

1950

Number of full baths

Condition

Average

Number of half baths

Finished Area

1560

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

Gable/Hip

Heating type

AirNotDucted

Roof Cover

Asphalt

Heating fuel

Gas

Frame type

Wood

Air Condition (%)

Sidings

Wood Shingle

Assessment Information

Fiscal Year

2024

Land Value

$480,100.00

Total value

$710,700.00

Building value

$230,600.00

Estimated tax

$4,463.00

Yard improvement value

$0.00

Flood Map MassMapper Google Street View

Certified Mass Appraisal

Realty Insiter's Estimated Market Value

$1,001,688 to $915,536

$1,001,688 - By Sales Comparison

	Living area (sqft)	Sale price
Subject Property
Comparables	1,557	$999,704
	sft x ($999,704/1,557 sft)	$1,001,688

$915,536 - By Uniform CAMA Approach

	Assessed value	Sale price
Subject Property
Comparables	$776,036	$999,704
	x ($999,704/$776,036)	$915,536

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 424 Grand Avenue	Proximity	Last Sold	Price	Net Living Area	Sale Price/sft $0.06	Style Ranch	Age 1950	Rooms 6	Bedrooms 3	Full baths 2	Half baths 0	Heating Fuel Gas	Lot Size 0.07	Roof Cover Asphalt	AEM Value - Building $230,600.00	AEM Value - Land $480,100.00	AEM Value - Other $0.00	AEM Value - Total $710,700.00
A) 13 Fairmount Avenue	0.2	10/30/2024	$1,353,000	1,752	$772.26	Conventional	1900	7	4	2	0	Gas	0.2	Asphalt	$370,800	$638,300	$2,300	$1,011,400
B) 8 Eldona Avenue	0.4	10/18/2024	$1,200,000	1,641	$731.26	Gambrel	1962	6	4	2	0	Gas	0.13	Asphalt	$376,000	$405,200	$900	$782,100
C) 18 Pleasant View Avenue	0.5	9/5/2024	$975,000	1,284	$759.35	Cape Cod	1920	6	3	1	1	Gas	0.22	Asphalt	$244,900	$395,500	$17,000	$657,400
D) 182 Shore Street	0.6	9/20/2024	$1,375,000	1,813	$758.41	Ranch	1951	6	3	2	1	Gas	0.37	WoodShingle	$429,100	$427,900	$12,000	$869,000
E) 40 Jericho Path	0.6	9/24/2024	$1,060,000	1,423	$744.91	Ranch	1949	6	3	2	0	Gas	0.24	Asphalt	$327,900	$399,500	$1,700	$729,100
F) 16 Hudson Street	0.7	11/8/2024	$1,263,740	1,698	$744.25	Ranch	1950	6	3	2	0	Gas	0.28	Asphalt	$378,500	$408,100	$6,500	$793,100
G) 14 Lantern Lane	0.8	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
H) 40 Amvets Avenue	0.9	9/19/2024	$620,000	1,375	$450.91	Cape Cod	2004	5	3	2	0	Gas	0.18	Asphalt	$332,200	$186,900	$0	$519,100
I) 76 Menauhant Road	0.9	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
J) 9 Massasoit Street	1.0	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
K) 31 Fenton Street	1.0	9/12/2024	$1,049,000	1,171	$895.82	Ranch	1950	4	2	2	0	Gas	0.12	Asphalt	$427,100	$452,600	$1,500	$881,200

Estimation of Market Value - $958,612

As of today, 11/09/2024, the estimated market value of 424 Grand Avenue, Falmouth considering the above 11 comparable properties is $958,612.

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

424 Grand Avenue

11/20/2020

$100

Ranch

1,560

0.07

2-0

Criteria

A	426 Grand Avenue	11/20/2020	$100	0.0	Ranch	1,560	0.07	3	2-0
B	52 Deacons Avenue	5/27/2020	$657,500	0.0	Custom	2,188	0.07	3	2-1
C	0 Grand Avenue	6/15/2004	$1,100,000	0.0			0.14	0	0-0
D	50 Deacons Avenue	7/31/2000	$0	0.0	Conventional	1,800	0.07	3	2-0
E	56 Deacons Avenue	11/20/2020	$100	0.0	Conventional	1,424	0.16	3	1-1
F	46 Deacons Avenue	11/4/2004	$100	0.0	Ranch	898	0.28	4	1-1
G	0 Grand Avenue	7/5/1985	$1,700,000	0.0			0.11	0	0-0
H	412 Grand Avenue	7/1/2014	$2,550,000	0.0	Conventional	4,748	0.25	5	3-2
I	425 Grand Avenue	8/25/1987	$0	0.0	Motel	13,386	1.17	37	37-0
J	40 Deacons Avenue	4/5/2002	$1,575,000	0.0	Conventional	2,777	0.28	4	2-1
K	17 Vernon Avenue	10/9/2018	$100	0.1	Conventional	2,065	0.26	4	2-0
L	406 Grand Avenue	12/28/2006	$2,500,000	0.1	Family Conv	2,112	0.26	6	6-0
M	65 Deacons Avenue	12/28/2006	$2,500,000	0.1	Cape Cod	2,189	0.2	3	2-1
N	15 Tower House Road	4/25/2018	$1,525,000	0.1	Conventional	3,211	0.3	4	2-1
O	24 Melrose Avenue	10/9/2018	$100	0.1	Ranch	960	0.26	2	1-0
P	34 Deacons Avenue Unit 1U	6/30/1997	$0	0.1	Condo A	2,058	0	2	2-0
Q	34 Deacons Avenue Unit 2U	6/30/1997	$0	0.1	Condo A	1,670	0	2	1-0
R	15 Vernon Avenue	11/7/2017	$100	0.1	Conventional	1,926	0.17	4	2-1
S	0 Grand Avenue	8/30/1963	$0	0.1			1.95	0	0-0
T	12 Vernon Avenue	1/18/2018	$1,500,000	0.1	Conventional	3,239	0.28	5	4-1
U	26 Tower House Road	8/15/2022	$1	0.1	Gambrel	4,623	0.27	5	4-1
V	18 Melrose Avenue	1/5/1993	$0	0.1	Gambrel	2,854	0.18	4	3-0
W	282 Clinton Avenue	11/28/2003	$1	0.1	Cape Cod	1,252	0.3	2	2-0
X	9 Vernon Avenue	8/22/2022	$2,750,000	0.1	Conventional	2,879	0.21	5	4-0
Y	0 Melrose Avenue	9/28/2018	$725,000	0.1			0.12	0	0-0
Z	21 Melrose Avenue	7/27/2001	$235,000	0.1	Ranch	848	0.26	2	1-0
-	290 Clinton Avenue	1/1/1948	$0	0.1	Club, Lounge	4,959	0.69	0	0-2
-	440 Grand Avenue	1/1/1900	$0	0.1	Church	3,595	0.32	0	0-0
-	10 Vernon Avenue	11/17/2020	$100	0.1	Conventional	2,026	0.3	4	2-0
-	10 Melrose Avenue	12/6/2023	$100	0.1	Cape Cod	1,875	0.16	3	2-0
-	7 Vernon Avenue	7/8/2004	$750,000	0.1	Conventional	2,045	0.13	5	1-1
-	15 Melrose Avenue	4/14/2020	$444,200	0.1	Cape Cod	1,056	0.2	3	1-0
-	445 Grand Avenue	12/29/2020	$100	0.1	Conventional	1,155	0.14	4	1-0
-	0 Melrose Avenue	8/21/2020	$1,200,000	0.1			0.09	0	0-0
-	3 Wachusett Avenue	12/29/2020	$100	0.1	Bungalow	416	0.05	1	1-0
-	0 Clinton Avenue	1/1/1948	$0	0.1			0.16	0	0-0
-	11 Melrose Avenue	9/28/2018	$725,000	0.1	Cape Cod	2,226	0.07	3	1-1
-	3 Vernon Avenue	5/14/2012	$1	0.1	Conventional	1,948	0.09	5	2-0
-	450 Grand Avenue	11/1/2010	$280,000	0.1	Contemporary	1,770	0.07	3	0-0
-	5 Wachusett Avenue	6/11/2018	$1	0.1	Conventional	877	0.08	2	1-0
-	26 Deacons Avenue	9/4/2012	$550,000	0.1	Ranch	956	0.07	2	1-1
-	32 Tower House Road	6/18/1992	$129,000	0.1	Conventional	1,246	0.08	5	2-0
-	375 Grand Avenue	9/22/1972	$75,000	0.1	Conventional	2,274	0.35	4	3-0
-	29 Tower House Road	3/8/2003	$0	0.1	Cape Cod	1,282	0.06	3	1-0
-	7 Wachusett Avenue	6/11/2018	$1	0.1	Ranch	552	0.08	2	1-0
-	0 Grand Avenue	7/1/2014	$2,550,000	0.1			0.05	0	0-0
-	4 Melrose Avenue	4/10/2014	$100	0.1	Conventional	1,902	0.27	5	3-0
-	0 Grand Avenue	7/5/1985	$1,700,000	0.1			0.67	0	0-0
-	34 Tower House Road	12/14/2018	$1	0.1	Conventional	1,860	0.23	5	1-1
-	0 Vernon Avenue	4/10/2014	$100	0.1			0.11	0	0-0
-	9 Wachusett Avenue	10/15/2010	$100	0.1	Bungalow	1,019	0.11	2	1-0
-	452 Grand Avenue	6/22/2010	$242,000	0.1	Ranch	720	0.06	2	1-0
-	24 Deacons Avenue	9/17/2012	$1	0.1	Ranch	710	0.08	3	1-0
-	5 Melrose Avenue	6/30/1988	$165,000	0.1	Cape Cod	2,109	0.17	4	1-1
-	31 Tower House Road	8/2/2017	$100	0.1	Conventional	1,440	0.09	3	1-0
-	0 Clinton Avenue	11/23/1948	$0	0.1			0.74	0	0-0
-	18 Circular Avenue	1/20/2023	$950,000	0.1	Conventional	1,965	0.21	5	2-1
-	4 Wachusett Avenue	1/23/2018	$1	0.1	Contemporary	1,472	0.19	3	2-0
-	0 Deacons Avenue	1/1/1900	$0	0.1			1.18	0	0-0
-	0 Tower House Road	8/21/2020	$1,200,000	0.1			0.04	0	0-0
-	367 Grand Avenue	12/6/1993	$249,000	0.1	Conventional	2,380	0.08	5	3-0
-	3 Melrose Avenue	9/24/2020	$785,000	0.1	Cape Cod	1,466	0.09	4	3-0
-	0 Grand Avenue	4/10/2014	$100	0.1			0.11	0	0-0
-	361 Grand Avenue	5/1/2017	$990,000	0.1	Conventional	2,164	0.11	5	3-0

Averages

7816 days

$504,738

0.08

---

1,721

0.24

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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

46B02 013 027 424 Grand Avenue