62 Prospect Street, Falmouth, MA 02540

62 Prospect Street Falmouth MA 02540
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Owner Information
Owner 1
Richard K Latimer
Owner 2
Adrienne G Latimer
Owner's Address
62 Prospect St Falmouth, MA 02540-2714
Market Sale Information
Most recent sale date
9/15/1998
Previous sale date
1/1/1966
Transfer document #
11697-0297
Previous transfer document
01342-1005
Grantor
Henry Albers
Previous grantor
Most recent sale price
$240,000.00
Previous sale price
$0.00
Site Information
Property ID
47A 13 061 038
Lot Size
0.43
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Cape Cod
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1928
Number of full baths
3
Condition
Average
Number of half baths
0
Finished Area
1987
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Plaster
Floor type
Softwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Water
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$325,900.00
Total value
$695,400.00
Building value
$352,700.00
Estimated tax
$4,367.00
Yard improvement value
$16,800.00
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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 62 Prospect Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $120.79 Style Cape Cod Age 1928 Rooms 7 Bedrooms 4 Full baths 3 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.43 Roof Cover Asphalt AEM Value - Building $352,700.00 AEM Value - Land $325,900.00 AEM Value - Other $16,800.00 AEM Value - Total $695,400.00
A) 170 Siders Pond Road 0.4 6/14/2024 $1,455,000 2,232 $651.88 Cape Cod 1940 7 4 2 1 Gas 0.3 Asphalt $435,300 $442,800 $6,000 $884,100
B) 75 Bywater Court 0.4 5/30/2024 $2,425,000 2,384 $1017.20 Contemporary 2020 7 4 2 1 Gas 0.18 Asphalt $982,400 $662,200 $12,300 $1,656,900
C) 6 Lantern Lane 0.7 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
D) 14 Lantern Lane 0.7 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
E) 5 Cumloden Drive 1.0 3/29/2024 $1,075,000 2,334 $460.58 Ranch 1973 7 4 2 1 Gas 0.94 Asphalt $443,700 $373,200 $0 $816,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 62 Prospect Street 9/15/1998 $240,000 0 Cape Cod 1,987 0.43 4 3-0 -
  Criteria
A 170 Siders Pond Road 6/14/2024 $1,455,000 0.4 Cape Cod 2,232 0.3 4 2-1
B 75 Bywater Court 5/30/2024 $2,425,000 0.4 Contemporary 2,384 0.18 4 2-1
C 6 Lantern Lane 4/8/2024 $692,159 0.7 Cape Cod 1,528 0.29 4 1-0
D 14 Lantern Lane 5/16/2024 $766,000 0.7 Cape Cod 1,638 0.44 2 2-0
E 5 Cumloden Drive 3/29/2024 $1,075,000 1.0 Ranch 2,334 0.94 4 2-1
Averages 135 days $1,282,632 0.64 --- 2,023 0.43 --- ---  

Estimation of Market Value - $1,113,625

As of today, 09/19/2024, the estimated market value of 62 Prospect Street, Falmouth considering the above 5 comparable properties is $1,113,625.

 

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
@ 62 Prospect Street 9/15/1998 $240,000 0 Cape Cod 1,987 0.43 4 3-0 -
  Criteria
A 0 Ludlam Street 5/30/2019 $1 0.0 0.16 0 0-0
B 52 Prospect Street 9/28/1977 $34,000 0.0 Colonial 3,424 0.23 4 1-0
C 57 Meadow Lane 10/28/2016 $640,000 0.0 Cape Cod 1,638 0.23 4 2-0
D 58 Meadow Lane 4/15/2010 $360,000 0.0 Ranch 1,488 0.27 2 1-0
E 48 Prospect Street 3/6/2009 $1 0.0 Cape Cod 1,603 0.23 2 1-1
F 53 Meadow Lane 2/28/2020 $100 0.0 Family Duplx 1,846 0.21 4 2-0
G 52 Meadow Lane 3/11/2022 $100 0.0 Ranch 1,364 0.24 3 2-0
H 65 Prospect Street 3/13/2015 $1 0.0 Cape Cod 1,662 0.48 4 1-1
I 46 Prospect Street 7/2/2009 $305,000 0.0 Cape Cod 2,269 0.23 4 1-1
J 56 Counting House Way 4/25/2014 $604,000 0.0 Cape Cod 2,007 0.47 3 1-0
K 45 Ludlam Street 8/5/1971 $0 0.0 Cape Cod 2,438 2.88 3 1-1
L 17 Packet Lane 11/10/2021 $1,450,000 0.1 Cape Cod 2,853 0.46 3 4-0
M 43 Meadow Lane 10/1/2004 $617,500 0.1 Cape Cod 1,984 0.24 3 2-0
N 42 Meadow Lane 8/20/1998 $209,000 0.1 Cape Cod 2,232 0.27 3 2-0
O 53 Prospect Street 7/20/1988 $130,000 0.1 Cape Cod 2,072 0.33 2 2-0
P 32 Prospect Street 10/6/2022 $100 0.1 Cape Cod 1,344 0.23 3 1-1
Q 46 Counting House Way 5/9/2007 $1 0.1 Cape Cod 1,673 0.23 3 2-0
R 0 Ludlam Street 4/12/1971 $0 0.1 0.28 0 0-0
S 11 Packet Lane 12/22/2010 $520,000 0.1 Ranch 2,104 0.4 3 2-1
T 14 Ludlam Street 1/12/2023 $100 0.1 Cape Cod 2,488 0.31 4 3-0
U 17 Ludlam Street 9/18/2001 $0 0.1 Cape Cod 2,070 0.28 3 2-0
V 26 Prospect Street 10/14/2022 $899,100 0.1 Colonial 1,116 0.11 3 1-1
W 36 Meadow Lane 12/31/2021 $1 0.1 Cape Cod 1,304 0.18 3 1-0
X 33 Meadow Lane 10/31/2022 $1,360,000 0.1 Cape Cod 1,944 0.22 4 1-0
Y 30 Meadow Lane 12/28/1998 $160,000 0.1 Cape Cod 972 0.18 2 2-0
Z 43 Prospect Street 3/19/2018 $100 0.1 Cape Cod 2,065 0.28 3 1-1
- 55 Counting House Way 1/30/2023 $1 0.1 Cape Cod 2,007 0.43 3 2-0
- 27 Meadow Lane 12/21/2020 $638,616 0.1 Cape Cod 1,080 0.22 2 1-0
- 24 Prospect Street 10/24/2019 $455,000 0.1 Family Conv 1,428 0.11 4 2-0
- 37 Clipper Lane 2/22/2008 $650,000 0.1 Cape Cod 1,734 0.26 3 0-0
- 45 Clipper Lane 1/5/2018 $687,000 0.1 Cape Cod 2,480 0.33 4 2-0
- 0 Counting House Way 1/1/1900 $0 0.1 0.18 0 0-0
- 36 Counting House Way 6/15/1998 $268,000 0.1 Colonial 1,888 0.24 4 1-1
- 33 Clipper Lane 11/10/2021 $10 0.1 Cape Cod 1,809 0.26 3 1-1
- 7 Packet Lane 6/17/2022 $2,000,000 0.1 Colonial 2,885 0.41 4 3-1
- 140 Walker Street 10/13/1993 $312,500 0.1 Family Conv 1,842 0.26 5 3-0
- 120 Walker Street 3/10/2008 $1 0.1 Cape Cod 1,860 0.23 3 2-1
- 130 Walker Street 9/24/2004 $300,000 0.1 Cape Cod 1,607 0.16 3 2-0
- 20 Prospect Street 6/27/2017 $10 0.1 Cape Cod 1,128 0.23 4 2-0
- 110 Walker Street 9/29/2000 $300,000 0.1 Family Conv 2,700 0.28 6 4-0
- 47 Counting House Way 8/27/2021 $985,000 0.1 Cape Cod 2,184 0.19 4 2-0
- 27 Clipper Lane 7/15/2022 $1 0.1 Cape Cod 1,830 0.26 4 2-0
- 35 Prospect Street 6/20/2011 $430,000 0.1 Cape Cod 1,960 0.22 3 2-0
- 150 Walker Street 6/10/2010 $100 0.1 Cape Cod 1,593 0.26 4 2-0
- 154 Walker Street 7/27/2018 $922,500 0.1 Colonial 2,528 0.4 5 3-0
- 22 Meadow Lane 10/5/2023 $1,570,000 0.1 Cape Cod 2,244 0.2 3 1-1
- 28 Meadow Lane 6/28/2022 $1 0.1 Cape Cod 1,248 0.19 3 1-0
- 41 Counting House Way 4/17/2018 $1 0.1 Cape Cod 1,747 0.18 4 2-0
- 100 Walker Street 1/12/2018 $472,500 0.1 Cape Cod 1,830 0.19 3 0-1
- 19 Clipper Lane 2/28/2020 $1 0.1 Cape Cod 1,944 0.29 5 2-0
- 16 Prospect Street 1/23/2019 $525,000 0.1 Cape Cod 2,159 0.23 4 2-1
- 26 Counting House Way 6/21/2023 $1,445,000 0.1 Cape Cod 2,258 0.33 3 2-1
- 64 Linden Road 7/20/2022 $100 0.1 Cape Cod 1,404 0.25 4 2-0
- 17 Meadow Lane 3/4/2022 $812,500 0.1 Cape Cod 2,259 0.26 3 3-0
- 164 Walker Street 11/16/2023 $100 0.1 Cape Cod 1,869 0.4 4 2-0
- 25 Meadow Lane 11/12/1992 $0 0.1 Cape Cod 884 0.19 2 1-0
- 3 Packet Lane 10/5/1995 $245,000 0.1 Gambrel 2,139 0.39 3 2-1
- 54 Linden Road 4/22/2016 $1 0.1 Cape Cod 2,050 0.23 3 1-1
- 56 Field Street 10/4/2016 $10 0.1 Cape Cod 1,602 0.37 4 2-0
- 204 Walker Street Unit 1U 9/28/2005 $235,000 0.1 Condo A 572 0 1 0-0
- 204 Walker Street Unit 2U 9/28/2020 $100 0.1 Condo A 432 0 1 1-0
- 204 Walker Street Unit 3U 6/22/1990 $97,000 0.1 Condo A 480 0 1 1-0
- 204 Walker Street Unit 4U 6/21/2023 $100 0.1 Condo A 480 0 1 1-0
- 204 Walker Street Unit 5U 10/18/2018 $1 0.1 Condo A 649 0 2 1-0
- 204 Walker Street Unit 6U 7/5/2007 $1 0.1 Condo A 635 0 2 1-0
- 25 Prospect Street 11/6/1989 $136,000 0.1 Bungalow 928 0.15 2 1-0
- 29 Counting House Way 1/14/2022 $100 0.1 Family Conv 3,708 0.26 6 4-0
- 36 Clipper Lane 12/14/2009 $1 0.1 Cape Cod 2,835 0.25 4 2-0
- 42 Clipper Lane 5/20/2021 $100 0.1 Colonial 3,080 0.31 4 3-1
- 127 Walker Street 3/1/2000 $0 0.1 Cape Cod 1,170 0.22 3 1-0
- 42 Linden Road 8/27/2021 $950,000 0.1 Ranch 1,492 0.23 3 2-0
- 117 Walker Street 8/31/2022 $10 0.1 Cape Cod 1,764 0.17 3 2-0
- 32 Clipper Lane 11/28/1997 $0 0.1 Cape Cod 3,034 0.25 4 2-0
- 90 Walker Street 10/30/2020 $505,000 0.1 Ranch 580 0.13 1 1-0
- 10 Prospect Street 3/5/2021 $705,000 0.1 Bungalow 1,440 0.23 4 2-0
- 48 Field Street 9/23/2016 $605,160 0.1 Cape Cod 1,638 0.3 3 1-0
- 107 Walker Street 7/22/2022 $100 0.1 Colonial 2,350 0.24 3 2-1
- 26 Clipper Lane 4/4/2006 $822,000 0.1 Cape Cod 1,999 0.24 3 2-1
- 170 Walker Street 9/11/2020 $10 0.1 Cape Cod 2,329 0.91 4 2-0
- 163 Shore Street 6/8/1979 $89,500 0.1 Cape Cod 2,083 0.45 4 2-1
- 38 Linden Road 11/29/2023 $1,326,000 0.1 Cape Cod 1,856 0.25 3 2-0
- 15 Prospect Street 4/8/2016 $352,000 0.1 Cape Cod 1,876 0.11 3 3-0
- 177 Shore Street 1/28/2021 $1,460,000 0.1 Cape Cod 2,414 0.33 3 1-1
- 40 Field Street 12/28/2012 $548,000 0.1 Cape Cod 1,624 0.28 3 2-0
- 139 Walker Street 3/15/2013 $100 0.1 Bungalow 2,140 0.29 3 2-0
- 84 Walker Street 12/14/2020 $1 0.1 Colonial 1,414 0.13 3 2-1
- 151 Shore Street 2/15/2013 $342,500 0.1 Cape Cod 1,280 0.21 2 2-0
- 22 Clipper Lane 8/29/2019 $1 0.1 Colonial 2,194 0.27 4 3-1
- 187 Shore Street 7/25/2019 $730,000 0.1 Conventional 3,327 0.59 3 3-1
- 3 Lakeway 3/2/2022 $10 0.1 Ranch 1,224 0.17 2 1-1
Averages 4877 days $324,576 0.09 --- 1,769 0.28 --- ---  
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
47A13 061 038 62 Prospect Street