5 Melrose Avenue, Falmouth, MA 02540

Owner Information
Owner 1
Marilyn A McMillan
Owner 2
Owner's Address
5 Melrose Ave Falmouth, MA 02540
Market Sale Information
Most recent sale date
6/30/1988
Previous sale date
3/23/1978
Transfer document #
06331-0303
Previous transfer document
02677-0221
Grantor
Doris M Francis
Previous grantor
Most recent sale price
$165,000.00
Previous sale price
$23,000.00
Site Information
Property ID
46B 04 002 005
Lot Size
0.17
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Cape Cod
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1900
Number of full baths
1
Condition
Average
Number of half baths
1
Finished Area
2109
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
Hot Water
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
0
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$585,500.00
Total value
$1,140,800.00
Building value
$534,400.00
Estimated tax
$6,696.00
Yard improvement value
$20,900.00
Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
30 Shore Street63 Queen Street5 Melrose Avenue26 Clipper Lane$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000Subject PropertyTotal Assessment ($)Total Assessment
Address 5 Melrose Avenue A) 63 Queen StreetB) 26 Clipper LaneC) 30 Shore Street
Photo
Plan
Map
Proximity 0.60.80.8
Last Sold 5/23/20255/21/20254/17/2025
Price $1,480,000$1,700,000$690,000
Net Living Area 2,0481,9991,984
Stories
Sale Price/sft $78.24$722.66$850.43$347.78
Style Cape CodColonialCape CodColonial
Age 1900193019551870
Rooms 7767
Bedrooms 4334
Full baths 1322
Half baths 1010
Gross Living Area
Heating Fuel GasGasOilOil
Detached Garage
Lot Size 0.170.290.240.15
Roof Cover AsphaltAsphaltAsphaltAsphalt
AEM Value - Building $534,400.00$731,800$679,300$352,900
AEM Value - Land $585,500.00$335,200$609,100$310,700
AEM Value - Other $20,900.00$24,800$0$0
AEM Value - Total $1,140,800.00$1,091,800$1,288,400$663,600
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Melrose Avenue 6/30/1988 $165,000 0 Cape Cod 2,109 0.17 4 1-1 -
  Criteria
A 63 Queen Street 5/23/2025 $1,480,000 0.6 Colonial 2,048 0.29 3 3-0
B 26 Clipper Lane 5/21/2025 $1,700,000 0.8 Cape Cod 1,999 0.24 3 2-1
C 30 Shore Street 4/17/2025 $690,000 0.8 Colonial 1,984 0.15 4 2-0
Averages 16 days $1,290,000 0.72 --- 2,010 0.23 --- ---  

Estimation of Market Value - $1,401,884

As of today, 05/25/2025, the estimated market value of 5 Melrose Avenue, Falmouth considering the above 3 comparable properties is $1,401,884.

 

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
Subject Property0 Grand Avenue0 Grand Avenue3 Wachusett Avenue0 Fairmount Avenue0 Grand Avenue0 Vernon Avenue426 Grand Avenue34 Deacons Avenue Unit 2U250 Grand Avenue424 Grand Avenue9 Byron Avenue34 Deacons Avenue Unit 1U3 Vernon Avenue5 Melrose Avenue7 Vernon Avenue440 Grand Avenue50 Deacons Avenue46 Deacons Avenue52 Deacons Avenue10 Vernon Avenue15 Tower House Road0 Grand Avenue375 Grand Avenue40 Deacons Avenue12 Vernon Avenue9 Vernon Avenue425 Grand Avenue$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Melrose Avenue 6/30/1988 $165,000 0 Cape Cod 2,109 0.17 4 1-1 -
  Criteria
A 3 Melrose Avenue 9/24/2020 $785,000 0.0 Cape Cod 1,466 0.09 4 3-0
B 29 Tower House Road 3/8/2003 $0 0.0 Cape Cod 1,282 0.06 3 1-0
C 31 Tower House Road 8/2/2017 $100 0.0 Conventional 1,440 0.09 3 1-0
D 0 Melrose Avenue 8/21/2020 $1,200,000 0.0 0.09 0 0-0
E 10 Melrose Avenue 12/6/2023 $100 0.0 Cape Cod 1,875 0.16 3 2-0
F 0 Tower House Road 8/21/2020 $1,200,000 0.0 0.04 0 0-0
G 4 Melrose Avenue 4/10/2014 $100 0.0 Conventional 1,903 0.27 5 3-0
H 0 Fairmount Avenue 2/25/1910 $1 0.0 0.16 0 0-0
I 357 Grand Avenue 4/27/2022 $1 0.0 Conventional 2,993 0.22 5 3-0
J 32 Tower House Road 6/18/1992 $129,000 0.0 Conventional 1,247 0.08 5 2-0
K 9 Vernon Avenue 8/22/2022 $2,750,000 0.0 Conventional 2,879 0.21 5 4-0
L 7 Vernon Avenue 7/8/2004 $750,000 0.0 Conventional 2,046 0.13 5 1-1
M 15 Circular Avenue 1/31/2017 $100 0.0 Conventional 3,740 0.15 5 2-1
N 26 Tower House Road 8/15/2022 $1 0.0 Gambrel 4,624 0.27 5 4-1
O 11 Melrose Avenue 9/28/2018 $725,000 0.0 Cape Cod 2,227 0.07 3 1-1
P 10 Fairmount Avenue Unit 1AU 4/12/2023 $100 0.0 Condo A 981 0 3 0-0
Q 10 Fairmount Avenue Unit 1BU 3/8/2022 $1 0.0 Condo A 875 0 2 0-0
R 3 Vernon Avenue 5/8/2024 $440,000 0.0 Conventional 1,948 0.09 5 2-0
S 1 Fairmount Avenue 11/16/2021 $100 0.0 Conventional 2,002 0.08 5 2-0
T 345 Grand Avenue 8/21/2020 $1,200,000 0.0 Custom 2,812 0.09 4 4-1
U 34 Tower House Road 12/14/2018 $1 0.0 Conventional 1,860 0.23 5 1-1
V 361 Grand Avenue 5/1/2017 $990,000 0.0 Conventional 2,164 0.11 5 3-0
W 0 Melrose Avenue 9/28/2018 $725,000 0.0 0.12 0 0-0
X 0 Vernon Avenue 4/10/2014 $100 0.0 0.11 0 0-0
Y 38 Tower House Road 10/13/2021 $100 0.1 Gambrel 2,496 0.17 3 3-1
Z 4 Crown Avenue 7/11/2019 $10 0.1 Conventional 1,408 0.12 4 2-1
- 341 Grand Avenue 8/19/2016 $1,100,000 0.1 Contemporary 2,236 0.08 3 2-0
- 9 Fairmount Avenue 7/31/2024 $1,300,000 0.1 Conventional 2,362 0.1 0 0-0
- 0 Grand Avenue 4/10/2014 $100 0.1 0.11 0 0-0
- 15 Vernon Avenue 11/7/2017 $100 0.1 Conventional 1,926 0.17 4 2-1
- 15 Tower House Road 4/25/2018 $1,525,000 0.1 Conventional 3,211 0.3 4 2-1
- 42 Tower House Road 4/19/2017 $475,000 0.1 Conventional 2,862 0.1 4 1-1
- 18 Melrose Avenue 1/5/1993 $0 0.1 Gambrel 2,855 0.18 4 3-0
- 12 Vernon Avenue 1/18/2018 $1,500,000 0.1 Conventional 3,239 0.28 5 4-1
- 367 Grand Avenue 12/6/1993 $249,000 0.1 Conventional 2,380 0.08 5 3-0
- 13 Fairmount Avenue 10/30/2024 $1,353,000 0.1 Conventional 1,753 0.2 4 2-0
- 335 Grand Avenue 11/22/2024 $1 0.1 Gambrel 3,088 0.09 6 7-0
- 9 Byron Avenue 4/2/2009 $10 0.1 Colonial 1,704 0.1 5 0-1
- 18 Circular Avenue 2/15/2024 $1 0.1 Conventional 2,265 0.21 5 3-0
- 10 Vernon Avenue 11/17/2020 $100 0.1 Conventional 2,026 0.3 4 2-0
- 6 Crown Avenue 8/20/2003 $1 0.1 Conventional 1,962 0.1 3 2-1
- 15 Melrose Avenue 4/14/2020 $444,200 0.1 Cape Cod 1,056 0.2 3 1-0
- 333 Grand Avenue 5/31/1995 $195,000 0.1 Conventional 3,867 0.09 5 3-0
- 2 Lookout Avenue 2/14/2022 $100 0.1 Conventional 2,390 0.09 4 1-1
- 21 Circular Avenue 10/27/2005 $1 0.1 Conventional 1,295 0.08 3 2-0
- 0 Crown Avenue 1/1/1900 $0 0.1 0.18 0 0-0
- 425 Grand Avenue 8/25/1987 $0 0.1 Motel 13,386 1.17 37 37-0
- 375 Grand Avenue 7/31/2024 $1 0.1 Conventional 2,274 0.35 4 3-0
- 9 Wachusett Avenue 10/15/2010 $100 0.1 Bungalow 1,019 0.11 2 1-0
- 331 Grand Avenue 9/4/2008 $100 0.1 Colonial 2,200 0.09 5 2-0
- 17 Vernon Avenue 10/9/2018 $100 0.1 Conventional 2,065 0.26 4 2-0
- 24 Melrose Avenue 10/9/2018 $100 0.1 Ranch 960 0.26 2 1-0
- 16 Crown Avenue 1/1/1970 $0 0.1 Conventional 2,082 0.07 5 2-0
- 7 Wachusett Avenue 6/11/2018 $1 0.1 Ranch 552 0.08 2 1-0
- 8 Crown Avenue 8/14/2024 $100 0.1 Conventional 1,754 0.09 3 2-0
- 250 Grand Avenue 6/8/1905 $0 0.1 3.35 0 0-0
- 25 Circular Avenue 6/25/1998 $165,000 0.1 Cape Cod 1,555 0.08 3 2-0
- 12 Wachusett Avenue 12/21/2001 $0 0.1 Conventional 1,800 0.24 4 1-1
- 21 Melrose Avenue 7/27/2001 $235,000 0.1 Ranch 848 0.26 2 1-0
- 1 Lookout Avenue 8/30/2021 $1,500,000 0.1 Conventional 2,224 0.13 4 2-0
- 5 Wachusett Avenue 6/11/2018 $1 0.1 Conventional 878 0.08 2 1-0
- 14 Crown Avenue 1/6/2016 $650,000 0.1 Conventional 1,487 0.09 4 2-1
- 10 Crown Avenue 4/6/2020 $1 0.1 Conventional 1,322 0.1 3 1-1
- 327 Grand Avenue 5/13/2011 $1 0.1 Colonial 2,822 0.14 5 4-0
- 29 Circular Avenue 12/20/2017 $100 0.1 Family Duplx 1,652 0.09 4 2-0
- 3 Wachusett Avenue 12/29/2020 $100 0.1 Bungalow 416 0.05 1 1-0
- 26 Circular Avenue 8/13/2007 $411,000 0.1 Cape Cod 1,442 0.12 3 1-1
- 0 Grand Avenue 7/5/1985 $1,700,000 0.1 0.11 0 0-0
- 39 Forest Avenue 2/3/2022 $1,100,000 0.1 Cape Cod 1,568 0.09 4 2-0
- 0 Quinsigamond Avenue 12/21/2001 $0 0.1 0.17 0 0-0
- 12 Bellevue Avenue 2/9/1993 $88,000 0.1 Conventional 1,059 0.06 2 1-0
- 0 Circular Avenue 4/24/1978 $15,000 0.1 0.32 0 0-0
- 445 Grand Avenue 12/29/2020 $100 0.1 Conventional 1,155 0.14 4 1-0
- 0 Grand Avenue 8/30/1963 $0 0.1 1.95 0 0-0
- 4 Hope Avenue 9/21/2023 $10 0.1 Colonial 2,509 0.05 4 3-0
- 37 Forest Avenue 10/1/1997 $0 0.1 Cape Cod 1,309 0.09 3 2-0
- 8 Wachusett Avenue 10/28/2002 $0 0.1 Gambrel 1,770 0.34 4 1-1
- 321 Grand Avenue 4/3/2020 $1,550,000 0.1 Family Conv 5,264 0.13 7 5-1
- 426 Grand Avenue 11/20/2020 $100 0.1 Ranch 1,560 0.07 3 2-0
- 424 Grand Avenue 11/20/2020 $100 0.1 Ranch 1,560 0.07 3 2-0
- 46 Deacons Avenue 11/4/2004 $100 0.1 Ranch 898 0.28 4 1-1
- 40 Deacons Avenue 4/5/2002 $1,575,000 0.1 Conventional 2,777 0.28 4 2-1
- 34 Circular Avenue 1/31/2020 $200,000 0.1 Cape Cod 1,279 0.06 4 1-0
- 4 Wachusett Avenue 1/23/2018 $1 0.1 Contemporary 1,472 0.19 3 2-0
- 0 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
- 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
- 16 Quinsigamond Avenue 12/12/2017 $435,000 0.1 0.08 0 0-0
- 14 Quinsigamond Avenue 8/2/2018 $252,000 0.1 Conventional 633 0.08 1 0-0
- 0 Grand Avenue 7/5/1985 $1,700,000 0.1 0.67 0 0-0
- 50 Deacons Avenue 7/31/2000 $0 0.1 Conventional 1,800 0.07 3 2-0
- 52 Deacons Avenue 5/27/2020 $657,500 0.1 Cape Cod 2,080 0.07 3 2-1
- 0 Hope Avenue 7/27/2021 $1 0.1 0.06 0 0-0
- 12 Quinsigamond Avenue 8/2/2019 $1 0.1 Colonial 1,695 0.12 4 2-0
- 440 Grand Avenue 1/1/1900 $0 0.1 Church 3,595 0.32 0 0-0
- 33 Forest Avenue 2/24/1999 $0 0.1 Cape Cod 1,476 0.19 3 2-0
Averages 6484 days $338,207 0.08 --- 1,739 0.2 --- ---  
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
46B04 002 005 5 Melrose Avenue