18 Melrose Avenue, Falmouth, MA 02540

18 Melrose Avenue Falmouth MA 02540
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Owner Information
Owner 1
Phyllis A Pearson & Carolin
Owner 2
Edward P Pearson
Owner's Address
28 Prospect St Shrewsbury, MA 01545-2339
Market Sale Information
Most recent sale date
1/5/1993
Previous sale date
9/17/1986
Transfer document #
08393-0045
Previous transfer document
05305-0025
Grantor
Phyllis A Pearson
Previous grantor
Gilbert E Pearson
Most recent sale price
$0.00
Previous sale price
$0.00
Site Information
Property ID
46B 03B 005 020
Lot Size
0.18
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Gambrel
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1993
Number of full baths
3
Condition
Average
Number of half baths
0
Finished Area
2854
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
Gambrel
Heating type
Hot Water
Roof Cover
WoodShingle
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$467,600.00
Total value
$1,229,600.00
Building value
$762,000.00
Estimated tax
$7,721.00
Yard improvement value
$0.00
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Certified Mass Appraisal
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 18 Melrose Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Gambrel Age 1993 Rooms 7 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.18 Roof Cover WoodShingle AEM Value - Building $762,000.00 AEM Value - Land $467,600.00 AEM Value - Other $0.00 AEM Value - Total $1,229,600.00
A) 16 Nantucket Avenue 0.4 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
B) 115 Jericho Path 0.6 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
C) 15 Waterside Avenue 0.6 8/29/2024 $2,750,000 3,498 $786.16 Cape Cod 1987 7 4 3 1 Gas 0.35 Asphalt $684,400 $656,800 $0 $1,341,200
D) 300 Shore Street 0.7 6/20/2024 $1,640,000 3,116 $526.32 Colonial 1822 8 5 1 2 Gas 0.24 WoodShingle $552,700 $683,200 $9,600 $1,245,500
E) 346 Walker Street 0.8 4/24/2024 $1,650,000 3,552 $464.53 Cape Cod 1938 8 5 4 0 Gas 0.41 WoodShingle $825,300 $740,700 $2,100 $1,568,100
F) 62 Bywater Court 1.0 8/30/2024 $2,100,000 2,875 $730.43 Contemporary 2001 7 4 4 0 Gas 0.19 Asphalt $665,800 $606,600 $50,000 $1,322,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 18 Melrose Avenue 1/5/1993 $0 0 Gambrel 2,854 0.18 4 3-0 -
  Criteria
A 16 Nantucket Avenue 7/8/2024 $2,315,000 0.4 Colonial 2,239 0.08 2 3-1
B 115 Jericho Path 6/4/2024 $1,325,000 0.6 Cape Cod 2,246 0.19 3 1-0
C 15 Waterside Avenue 8/29/2024 $2,750,000 0.6 Cape Cod 3,498 0.35 4 3-1
D 300 Shore Street 6/20/2024 $1,640,000 0.7 Colonial 3,116 0.24 5 1-2
E 346 Walker Street 4/24/2024 $1,650,000 0.8 Cape Cod 3,552 0.41 5 4-0
F 62 Bywater Court 8/30/2024 $2,100,000 1.0 Contemporary 2,875 0.19 4 4-0
Averages 77 days $1,963,333 0.67 --- 2,921 0.24 --- ---  

Estimation of Market Value - $1,828,318

As of today, 09/19/2024, the estimated market value of 18 Melrose Avenue, Falmouth considering the above 6 comparable properties is $1,828,318.

 

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) BR F-HB
@ 18 Melrose Avenue 1/5/1993 $0 0 Gambrel 2,854 0.18 4 3-0 -
  Criteria
A 0 Melrose Avenue 9/28/2018 $725,000 0.0 0.12 0 0-0
B 15 Vernon Avenue 11/7/2017 $100 0.0 Conventional 1,926 0.17 4 2-1
C 15 Melrose Avenue 4/14/2020 $444,200 0.0 Cape Cod 1,056 0.2 3 1-0
D 24 Melrose Avenue 10/9/2018 $100 0.0 Ranch 960 0.26 2 1-0
E 11 Melrose Avenue 9/28/2018 $725,000 0.0 Cape Cod 2,226 0.07 3 1-1
F 26 Tower House Road 8/15/2022 $1 0.0 Gambrel 4,623 0.27 5 4-1
G 17 Vernon Avenue 10/9/2018 $100 0.0 Conventional 2,065 0.26 4 2-0
H 21 Melrose Avenue 7/27/2001 $235,000 0.0 Ranch 848 0.26 2 1-0
I 34 Tower House Road 12/14/2018 $1 0.0 Conventional 1,860 0.23 5 1-1
J 32 Tower House Road 6/18/1992 $129,000 0.0 Conventional 1,246 0.08 5 2-0
K 7 Wachusett Avenue 6/11/2018 $1 0.0 Ranch 552 0.08 2 1-0
L 9 Wachusett Avenue 10/15/2010 $100 0.0 Bungalow 1,019 0.11 2 1-0
M 18 Circular Avenue 1/20/2023 $950,000 0.0 Conventional 1,965 0.21 5 2-1
N 5 Wachusett Avenue 6/11/2018 $1 0.0 Conventional 877 0.08 2 1-0
O 3 Wachusett Avenue 12/29/2020 $100 0.0 Bungalow 416 0.05 1 1-0
P 445 Grand Avenue 12/29/2020 $100 0.0 Conventional 1,155 0.14 4 1-0
Q 29 Tower House Road 3/8/2003 $0 0.0 Cape Cod 1,282 0.06 3 1-0
R 10 Melrose Avenue 12/6/2023 $100 0.0 Cape Cod 1,875 0.16 3 2-0
S 31 Tower House Road 8/2/2017 $100 0.1 Conventional 1,440 0.09 3 1-0
T 38 Tower House Road 10/13/2021 $100 0.1 Gambrel 2,496 0.17 3 3-1
U 425 Grand Avenue 8/25/1987 $0 0.1 Motel 13,386 1.17 37 37-0
V 0 Tower House Road 8/21/2020 $1,200,000 0.1 0.04 0 0-0
W 12 Wachusett Avenue 12/21/2001 $0 0.1 Conventional 1,800 0.24 4 1-1
X 9 Byron Avenue 4/2/2009 $10 0.1 Colonial 1,704 0.1 5 0-1
Y 9 Vernon Avenue 8/22/2022 $2,750,000 0.1 Conventional 2,879 0.21 5 4-0
Z 21 Circular Avenue 10/27/2005 $1 0.1 Conventional 1,294 0.08 3 2-0
- 34 Deacons Avenue Unit 1U 6/30/1997 $0 0.1 Condo A 2,058 0 2 2-0
- 34 Deacons Avenue Unit 2U 6/30/1997 $0 0.1 Condo A 1,670 0 2 1-0
- 40 Deacons Avenue 4/5/2002 $1,575,000 0.1 Conventional 2,777 0.28 4 2-1
- 4 Wachusett Avenue 1/23/2018 $1 0.1 Contemporary 1,472 0.19 3 2-0
- 8 Wachusett Avenue 10/28/2002 $0 0.1 Gambrel 1,770 0.34 4 1-1
- 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
- 440 Grand Avenue 1/1/1900 $0 0.1 Church 3,595 0.32 0 0-0
- 42 Tower House Road 4/19/2017 $475,000 0.1 Conventional 2,862 0.1 4 1-1
- 15 Circular Avenue 1/31/2017 $100 0.1 Conventional 3,739 0.15 5 2-1
- 450 Grand Avenue 11/1/2010 $280,000 0.1 Contemporary 1,770 0.07 3 0-0
- 6 Crown Avenue 8/20/2003 $1 0.1 Conventional 1,962 0.1 3 2-1
- 15 Tower House Road 4/25/2018 $1,525,000 0.1 Conventional 3,211 0.3 4 2-1
- 46 Deacons Avenue 11/4/2004 $100 0.1 Ranch 898 0.28 4 1-1
- 0 Quinsigamond Avenue 12/21/2001 $0 0.1 0.17 0 0-0
- 452 Grand Avenue 6/22/2010 $242,000 0.1 Ranch 720 0.06 2 1-0
- 426 Grand Avenue 11/20/2020 $100 0.1 Ranch 1,560 0.07 3 2-0
- 455 Grand Avenue 6/18/1998 $0 0.1 Contemporary 1,350 0.21 3 1-0
- 26 Circular Avenue 8/13/2007 $411,000 0.1 Cape Cod 1,441 0.12 3 1-1
- 25 Circular Avenue 6/25/1998 $165,000 0.1 Cape Cod 1,555 0.08 3 2-0
- 7 Vernon Avenue 7/8/2004 $750,000 0.1 Conventional 2,045 0.13 5 1-1
- 4 Crown Avenue 7/11/2019 $10 0.1 Conventional 1,408 0.12 4 2-1
- 26 Deacons Avenue 9/4/2012 $550,000 0.1 Ranch 956 0.07 2 1-1
- 3 Melrose Avenue 9/24/2020 $785,000 0.1 Cape Cod 1,466 0.09 4 3-0
- 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
- 4 Melrose Avenue 4/10/2014 $100 0.1 Conventional 1,902 0.27 5 3-0
- 424 Grand Avenue 11/20/2020 $100 0.1 Ranch 1,560 0.07 3 2-0
- 24 Deacons Avenue 9/17/2012 $1 0.1 Ranch 710 0.08 3 1-0
- 0 Fairmount Avenue 2/25/1910 $1 0.1 0.16 0 0-0
- 8 Crown Avenue 7/22/1998 $0 0.1 Conventional 1,753 0.09 3 2-0
- 50 Deacons Avenue 7/31/2000 $0 0.1 Conventional 1,800 0.07 3 2-0
- 12 Vernon Avenue 1/18/2018 $1,500,000 0.1 Conventional 3,239 0.28 5 4-1
- 29 Circular Avenue 12/20/2017 $100 0.1 Family Duplx 892 0.09 4 2-0
- 0 Grand Avenue 7/5/1985 $1,700,000 0.1 0.11 0 0-0
- 3 Vernon Avenue 5/14/2012 $1 0.1 Conventional 1,948 0.09 5 2-0
- 8 Quinsigamond Avenue 2/15/2023 $730,000 0.1 Ranch 1,240 0.12 2 2-0
- 12 Quinsigamond Avenue 8/2/2019 $1 0.1 Colonial 1,695 0.12 4 2-0
- 52 Deacons Avenue 5/27/2020 $657,500 0.1 Custom 2,188 0.07 3 2-1
- 0 Crown Avenue 1/1/1900 $0 0.1 0.18 0 0-0
- 6 Quinsigamond Avenue 3/2/1990 $85,000 0.1 Cape Cod 1,272 0.08 3 0-0
- 14 Quinsigamond Avenue 8/2/2018 $252,000 0.1 Conventional 632 0.08 1 0-0
- 4 Quinsigamond Avenue 4/1/1998 $62,000 0.1 Ranch 696 0.08 4 2-0
- 16 Quinsigamond Avenue 12/12/2017 $435,000 0.1 0.08 0 0-0
- 0 Grand Avenue 6/15/2004 $1,100,000 0.1 0.14 0 0-0
- 357 Grand Avenue 4/27/2022 $1 0.1 Conventional 2,993 0.22 5 3-0
- 10 Crown Avenue 4/6/2020 $1 0.1 Conventional 1,321 0.1 3 1-1
- 39 Forest Avenue 2/3/2022 $1,100,000 0.1 Cape Cod 1,568 0.09 4 2-0
- 0 Quinsigamond Avenue 12/12/2017 $435,000 0.1 0.08 0 0-0
- 1 Fairmount Avenue 11/16/2021 $100 0.1 Conventional 2,001 0.08 5 2-0
- 9 Fairmount Avenue 7/31/2024 $1,300,000 0.1 Conventional 2,362 0.1 0 0-0
- 13 Fairmount Avenue 2/28/2023 $1,275,000 0.1 Conventional 1,752 0.2 4 2-0
- 10 Vernon Avenue 11/17/2020 $100 0.1 Conventional 2,026 0.3 4 2-0
- 0 Vernon Avenue 4/10/2014 $100 0.1 0.11 0 0-0
- 0 Deacons Avenue 1/1/1900 $0 0.1 1.18 0 0-0
- 34 Circular Avenue 1/31/2020 $200,000 0.1 Cape Cod 1,279 0.06 4 1-0
- 56 Deacons Avenue 11/20/2020 $100 0.1 Conventional 1,424 0.16 3 1-1
- 361 Grand Avenue 5/1/2017 $990,000 0.1 Conventional 2,164 0.11 5 3-0
- 11 Chapel Park Avenue 3/23/2020 $100 0.1 Warehousing 7,186 0.37 0 0-1
- 345 Grand Avenue 8/21/2020 $1,200,000 0.1 Custom 2,812 0.09 4 4-1
- 465 Grand Avenue 9/5/2017 $600,000 0.1 Restaurant 1,282 0.24 0 0-2
- 460 Grand Avenue 8/14/2020 $1 0.1 Custom 3,392 0.23 4 2-1
- 37 Forest Avenue 10/1/1997 $0 0.1 Cape Cod 1,308 0.09 3 2-0
- 13 Chapel Park Avenue 12/29/1998 $0 0.1 Cape Cod 1,335 0.19 5 1-0
- 2 Lookout Avenue 2/14/2022 $100 0.1 Conventional 2,390 0.09 4 1-1
- 341 Grand Avenue 8/19/2016 $1,100,000 0.1 Contemporary 2,236 0.08 3 1-0
- 16 Crown Avenue 1/1/1970 $0 0.1 Conventional 2,082 0.07 5 2-0
- 21 Chapel Park Avenue 12/12/2017 $435,000 0.1 Conventional 1,265 0.08 5 1-0
- 0 Grand Avenue 4/10/2014 $100 0.1 0.11 0 0-0
- 335 Grand Avenue 5/13/2016 $850,000 0.1 Gambrel 3,088 0.09 6 2-0
- 0 Chapel Park Avenue 12/12/2017 $435,000 0.1 0.09 0 0-0
- 367 Grand Avenue 12/6/1993 $249,000 0.1 Conventional 2,380 0.08 5 3-0
- 412 Grand Avenue 7/1/2014 $2,550,000 0.1 Conventional 4,748 0.25 5 3-2
- 14 Crown Avenue 1/6/2016 $650,000 0.1 Conventional 1,487 0.09 4 2-1
- 333 Grand Avenue 5/31/1995 $195,000 0.1 Conventional 3,866 0.09 5 3-0
- 0 Circular Avenue 4/24/1978 $15,000 0.1 0.32 0 0-0
- 375 Grand Avenue 9/22/1972 $75,000 0.1 Conventional 2,274 0.35 4 3-0
- 0 Grand Avenue 8/30/1963 $0 0.1 1.95 0 0-0
- 33 Forest Avenue 2/24/1999 $0 0.1 Cape Cod 1,476 0.19 3 2-0
- 331 Grand Avenue 9/4/2008 $100 0.1 Colonial 2,200 0.09 5 2-0
- 1 Lookout Avenue 8/30/2021 $1,500,000 0.1 Conventional 2,224 0.13 4 2-0
- 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
- 0 Chapel Park Avenue 2/25/1910 $1 0.1 0.8 0 0-0
- 12 Bellevue Avenue 2/9/1993 $88,000 0.1 Conventional 1,059 0.06 2 1-0
- 327 Grand Avenue 5/13/2011 $1 0.1 Colonial 2,822 0.14 5 4-0
Averages 6692 days $339,010 0.08 --- 1,690 0.17 --- ---  
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
46B03B005 020 18 Melrose Avenue