24 Melrose Avenue, Falmouth, MA 02540

24 Melrose Avenue Falmouth MA 02540
Owner Information
Owner 1
James A Morrissey
Owner 2
Ja Morrissey Fam Trust
Owner's Address
24 Melrose Ave Falmouth, MA 02540
Market Sale Information
Most recent sale date
10/9/2018
Previous sale date
7/7/2014
Transfer document #
31584-339
Previous transfer document
28248-164
Grantor
James A Morrissey
Previous grantor
James A Morrissey
Most recent sale price
$100.00
Previous sale price
$1.00
Site Information
Property ID
46B 03B 003 025
Lot Size
0.26
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Ranch
Number of Rooms
4
Stories
Number of Beds
2
Year Built
1912
Number of full baths
1
Condition
Average
Number of half baths
0
Finished Area
960
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
Steam
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$486,800.00
Total value
$662,000.00
Building value
$175,200.00
Estimated tax
$4,157.00
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 24 Melrose Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.10 Style Ranch Age 1912 Rooms 4 Bedrooms 2 Full baths 1 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.26 Roof Cover Asphalt AEM Value - Building $175,200.00 AEM Value - Land $486,800.00 AEM Value - Other $0.00 AEM Value - Total $662,000.00
A) 29 Little Rock Avenue 0.4 5/16/2024 $732,000 1,020 $717.65 Ranch 1958 4 2 1 0 Oil 0.12 Asphalt $178,600 $404,400 $0 $583,000
B) 12 Boston Street 0.9 4/5/2024 $680,000 888 $765.77 Ranch 1954 6 3 1 0 Gas 0.11 Asphalt $148,500 $373,700 $0 $522,200
C) 9 Pocasset Street 0.9 6/13/2024 $950,000 916 $1037.12 Ranch 1950 5 2 0 0 Gas 0.11 Asphalt $249,300 $276,800 $500 $526,600
D) 31 Fenton Street 0.9 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
E) 24 Fresh River Lane 1.0 7/17/2024 $1,100,000 960 $1145.83 Ranch 1958 6 3 1 0 Gas 0.21 Asphalt $200,500 $642,600 $700 $843,800
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 24 Melrose Avenue 10/9/2018 $100 0 Ranch 960 0.26 2 1-0 -
  Criteria
A 29 Little Rock Avenue 5/16/2024 $732,000 0.4 Ranch 1,020 0.12 2 1-0
B 12 Boston Street 4/5/2024 $680,000 0.9 Ranch 888 0.11 3 1-0
C 9 Pocasset Street 6/13/2024 $950,000 0.9 Ranch 916 0.11 2 0-0
D 31 Fenton Street 9/12/2024 $1,049,000 0.9 Ranch 1,171 0.12 2 2-0
E 24 Fresh River Lane 7/17/2024 $1,100,000 1.0 Ranch 960 0.21 3 1-0
Averages 93 days $902,200 0.82 --- 991 0.13 --- ---  

Estimation of Market Value - $881,800

As of today, 09/19/2024, the estimated market value of 24 Melrose Avenue, Falmouth considering the above 5 comparable properties is $881,800.

 

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
@ 24 Melrose Avenue 10/9/2018 $100 0 Ranch 960 0.26 2 1-0 -
  Criteria
A 17 Vernon Avenue 10/9/2018 $100 0.0 Conventional 2,065 0.26 4 2-0
B 21 Melrose Avenue 7/27/2001 $235,000 0.0 Ranch 848 0.26 2 1-0
C 18 Melrose Avenue 1/5/1993 $0 0.0 Gambrel 2,854 0.18 4 3-0
D 15 Vernon Avenue 11/7/2017 $100 0.0 Conventional 1,926 0.17 4 2-1
E 15 Melrose Avenue 4/14/2020 $444,200 0.0 Cape Cod 1,056 0.2 3 1-0
F 34 Deacons Avenue Unit 1U 6/30/1997 $0 0.0 Condo A 2,058 0 2 2-0
G 34 Deacons Avenue Unit 2U 6/30/1997 $0 0.0 Condo A 1,670 0 2 1-0
H 3 Wachusett Avenue 12/29/2020 $100 0.0 Bungalow 416 0.05 1 1-0
I 445 Grand Avenue 12/29/2020 $100 0.0 Conventional 1,155 0.14 4 1-0
J 40 Deacons Avenue 4/5/2002 $1,575,000 0.0 Conventional 2,777 0.28 4 2-1
K 5 Wachusett Avenue 6/11/2018 $1 0.0 Conventional 877 0.08 2 1-0
L 0 Melrose Avenue 9/28/2018 $725,000 0.0 0.12 0 0-0
M 7 Wachusett Avenue 6/11/2018 $1 0.0 Ranch 552 0.08 2 1-0
N 440 Grand Avenue 1/1/1900 $0 0.0 Church 3,595 0.32 0 0-0
O 9 Wachusett Avenue 10/15/2010 $100 0.0 Bungalow 1,019 0.11 2 1-0
P 26 Tower House Road 8/15/2022 $1 0.0 Gambrel 4,623 0.27 5 4-1
Q 425 Grand Avenue 8/25/1987 $0 0.0 Motel 13,386 1.17 37 37-0
R 46 Deacons Avenue 11/4/2004 $100 0.0 Ranch 898 0.28 4 1-1
S 450 Grand Avenue 11/1/2010 $280,000 0.0 Contemporary 1,770 0.07 3 0-0
T 11 Melrose Avenue 9/28/2018 $725,000 0.1 Cape Cod 2,226 0.07 3 1-1
U 4 Wachusett Avenue 1/23/2018 $1 0.1 Contemporary 1,472 0.19 3 2-0
V 18 Circular Avenue 1/20/2023 $950,000 0.1 Conventional 1,965 0.21 5 2-1
W 26 Deacons Avenue 9/4/2012 $550,000 0.1 Ranch 956 0.07 2 1-1
X 34 Tower House Road 12/14/2018 $1 0.1 Conventional 1,860 0.23 5 1-1
Y 452 Grand Avenue 6/22/2010 $242,000 0.1 Ranch 720 0.06 2 1-0
Z 426 Grand Avenue 11/20/2020 $100 0.1 Ranch 1,560 0.07 3 2-0
- 32 Tower House Road 6/18/1992 $129,000 0.1 Conventional 1,246 0.08 5 2-0
- 8 Wachusett Avenue 10/28/2002 $0 0.1 Gambrel 1,770 0.34 4 1-1
- 24 Deacons Avenue 9/17/2012 $1 0.1 Ranch 710 0.08 3 1-0
- 50 Deacons Avenue 7/31/2000 $0 0.1 Conventional 1,800 0.07 3 2-0
- 424 Grand Avenue 11/20/2020 $100 0.1 Ranch 1,560 0.07 3 2-0
- 12 Wachusett Avenue 12/21/2001 $0 0.1 Conventional 1,800 0.24 4 1-1
- 455 Grand Avenue 6/18/1998 $0 0.1 Contemporary 1,350 0.21 3 1-0
- 10 Melrose Avenue 12/6/2023 $100 0.1 Cape Cod 1,875 0.16 3 2-0
- 29 Tower House Road 3/8/2003 $0 0.1 Cape Cod 1,282 0.06 3 1-0
- 52 Deacons Avenue 5/27/2020 $657,500 0.1 Custom 2,188 0.07 3 2-1
- 9 Vernon Avenue 8/22/2022 $2,750,000 0.1 Conventional 2,879 0.21 5 4-0
- 38 Tower House Road 10/13/2021 $100 0.1 Gambrel 2,496 0.17 3 3-1
- 21 Circular Avenue 10/27/2005 $1 0.1 Conventional 1,294 0.08 3 2-0
- 31 Tower House Road 8/2/2017 $100 0.1 Conventional 1,440 0.09 3 1-0
- 15 Tower House Road 4/25/2018 $1,525,000 0.1 Conventional 3,211 0.3 4 2-1
- 0 Tower House Road 8/21/2020 $1,200,000 0.1 0.04 0 0-0
- 0 Quinsigamond Avenue 12/21/2001 $0 0.1 0.17 0 0-0
- 0 Deacons Avenue 1/1/1900 $0 0.1 1.18 0 0-0
- 9 Byron Avenue 4/2/2009 $10 0.1 Colonial 1,704 0.1 5 0-1
- 0 Grand Avenue 7/5/1985 $1,700,000 0.1 0.11 0 0-0
- 0 Grand Avenue 6/15/2004 $1,100,000 0.1 0.14 0 0-0
- 0 Melrose Avenue 8/21/2020 $1,200,000 0.1 0.09 0 0-0
- 5 Melrose Avenue 6/30/1988 $165,000 0.1 Cape Cod 2,109 0.17 4 1-1
- 56 Deacons Avenue 11/20/2020 $100 0.1 Conventional 1,424 0.16 3 1-1
- 26 Circular Avenue 8/13/2007 $411,000 0.1 Cape Cod 1,441 0.12 3 1-1
- 4 Quinsigamond Avenue 4/1/1998 $62,000 0.1 Ranch 696 0.08 4 2-0
- 42 Tower House Road 4/19/2017 $475,000 0.1 Conventional 2,862 0.1 4 1-1
- 6 Quinsigamond Avenue 3/2/1990 $85,000 0.1 Cape Cod 1,272 0.08 3 0-0
- 6 Crown Avenue 8/20/2003 $1 0.1 Conventional 1,962 0.1 3 2-1
- 8 Quinsigamond Avenue 2/15/2023 $730,000 0.1 Ranch 1,240 0.12 2 2-0
- 15 Circular Avenue 1/31/2017 $100 0.1 Conventional 3,739 0.15 5 2-1
- 460 Grand Avenue 8/14/2020 $1 0.1 Custom 3,392 0.23 4 2-1
- 7 Vernon Avenue 7/8/2004 $750,000 0.1 Conventional 2,045 0.13 5 1-1
- 25 Circular Avenue 6/25/1998 $165,000 0.1 Cape Cod 1,555 0.08 3 2-0
- 12 Vernon Avenue 1/18/2018 $1,500,000 0.1 Conventional 3,239 0.28 5 4-1
- 12 Quinsigamond Avenue 8/2/2019 $1 0.1 Colonial 1,695 0.12 4 2-0
- 465 Grand Avenue 9/5/2017 $600,000 0.1 Restaurant 1,282 0.24 0 0-2
- 14 Quinsigamond Avenue 8/2/2018 $252,000 0.1 Conventional 632 0.08 1 0-0
- 4 Melrose Avenue 4/10/2014 $100 0.1 Conventional 1,902 0.27 5 3-0
- 4 Crown Avenue 7/11/2019 $10 0.1 Conventional 1,408 0.12 4 2-1
- 3 Melrose Avenue 9/24/2020 $785,000 0.1 Cape Cod 1,466 0.09 4 3-0
- 29 Circular Avenue 12/20/2017 $100 0.1 Family Duplx 892 0.09 4 2-0
- 412 Grand Avenue 7/1/2014 $2,550,000 0.1 Conventional 4,748 0.25 5 3-2
- 8 Crown Avenue 7/22/1998 $0 0.1 Conventional 1,753 0.09 3 2-0
- 16 Quinsigamond Avenue 12/12/2017 $435,000 0.1 0.08 0 0-0
- 10 Fairmount Avenue Unit 1AU 4/12/2023 $100 0.1 Condo A 980 0 3 0-0
- 10 Fairmount Avenue Unit 1BU 3/8/2022 $1 0.1 Condo A 875 0 2 0-0
- 11 Chapel Park Avenue 3/23/2020 $100 0.1 Warehousing 7,186 0.37 0 0-1
- 3 Vernon Avenue 5/14/2012 $1 0.1 Conventional 1,948 0.09 5 2-0
- 0 Fairmount Avenue 2/25/1910 $1 0.1 0.16 0 0-0
- 0 Quinsigamond Avenue 12/12/2017 $435,000 0.1 0.08 0 0-0
- 4 Deacons Avenue Unit 1U 1/17/2018 $385,000 0.1 Condo A 1,033 0 2 1-1
- 4 Deacons Avenue Unit 2U 2/7/2017 $330,000 0.1 Condo A 1,033 0 2 1-1
- 4 Deacons Avenue Unit 3U 1/30/2003 $460,000 0.1 Condo A 1,033 0 2 1-1
- 4 Deacons Avenue Unit 4U 11/19/2015 $425,000 0.1 Condo A 1,033 0 2 1-0
- 10 Vernon Avenue 11/17/2020 $100 0.1 Conventional 2,026 0.3 4 2-0
- 39 Forest Avenue 2/3/2022 $1,100,000 0.1 Cape Cod 1,568 0.09 4 2-0
- 0 Crown Avenue 1/1/1900 $0 0.1 0.18 0 0-0
- 13 Chapel Park Avenue 12/29/1998 $0 0.1 Cape Cod 1,335 0.19 5 1-0
- 10 Crown Avenue 4/6/2020 $1 0.1 Conventional 1,321 0.1 3 1-1
- 34 Circular Avenue 1/31/2020 $200,000 0.1 Cape Cod 1,279 0.06 4 1-0
- 0 Vernon Avenue 4/10/2014 $100 0.1 0.11 0 0-0
- 357 Grand Avenue 4/27/2022 $1 0.1 Conventional 2,993 0.22 5 3-0
- 0 Grand Avenue 8/30/1963 $0 0.1 1.95 0 0-0
- 21 Chapel Park Avenue 12/12/2017 $435,000 0.1 Conventional 1,265 0.08 5 1-0
- 9 Fairmount Avenue 7/31/2024 $1,300,000 0.1 Conventional 2,362 0.1 0 0-0
- 1 Fairmount Avenue 11/16/2021 $100 0.1 Conventional 2,001 0.08 5 2-0
- 37 Forest Avenue 10/1/1997 $0 0.1 Cape Cod 1,308 0.09 3 2-0
- 361 Grand Avenue 5/1/2017 $990,000 0.1 Conventional 2,164 0.11 5 3-0
- 13 Fairmount Avenue 2/28/2023 $1,275,000 0.1 Conventional 1,752 0.2 4 2-0
- 406 Grand Avenue 12/28/2006 $2,500,000 0.1 Family Conv 2,112 0.26 6 6-0
- 0 Chapel Park Avenue 2/25/1910 $1 0.1 0.8 0 0-0
- 0 Chapel Park Avenue 12/12/2017 $435,000 0.1 0.09 0 0-0
- 375 Grand Avenue 9/22/1972 $75,000 0.1 Conventional 2,274 0.35 4 3-0
- 0 Grand Avenue 4/10/2014 $100 0.1 0.11 0 0-0
- 367 Grand Avenue 12/6/1993 $249,000 0.1 Conventional 2,380 0.08 5 3-0
- 345 Grand Avenue 8/21/2020 $1,200,000 0.1 Custom 2,812 0.09 4 4-1
Averages 6683 days $356,785 0.08 --- 1,667 0.18 --- ---  
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
46B03B003 025 24 Melrose Avenue