5 Lantern Lane, Falmouth, MA 02540

5 Lantern Lane Falmouth MA 02540
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Owner Information
Owner 1
Davien B Gould
Owner 2
Matthew R Gould
Owner's Address
5 Lantern Ln Falmouth, MA 02540-3323
Market Sale Information
Most recent sale date
12/1/1998
Previous sale date
12/1/1998
Transfer document #
11881-0114
Previous transfer document
11881-0110
Grantor
John J Fay
Previous grantor
John J Fay
Most recent sale price
$212,000.00
Previous sale price
$0.00
Site Information
Property ID
47B 02 003 005
Lot Size
0.43
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Cape Cod
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1955
Number of full baths
2
Condition
Average
Number of half baths
1
Finished Area
2115
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 (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$407,700.00
Total value
$783,300.00
Building value
$375,600.00
Estimated tax
$4,919.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
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 5 Lantern Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $100.24 Style Cape Cod Age 1955 Rooms 6 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.43 Roof Cover Asphalt AEM Value - Building $375,600.00 AEM Value - Land $407,700.00 AEM Value - Other $0.00 AEM Value - Total $783,300.00
A) 14 Lantern Lane 0.1 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
B) 33 Dove Cottage Road 0.6 5/3/2024 $675,000 1,752 $385.27 Colonial 1978 6 3 2 1 Oil 0.39 Asphalt $385,300 $255,400 $0 $640,700
C) 24 Grasmere Drive 0.6 8/5/2024 $925,000 2,212 $418.17 Colonial 1965 7 4 2 1 Gas 0.53 Asphalt $437,700 $340,000 $0 $777,700
D) 115 Jericho Path 0.7 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
E) 16 Nantucket Avenue 0.7 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
F) 170 Siders Pond Road 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 5 Lantern Lane 12/1/1998 $212,000 0 Cape Cod 2,115 0.43 3 2-1 -
  Criteria
A 14 Lantern Lane 5/16/2024 $766,000 0.1 Cape Cod 1,638 0.44 2 2-0
B 33 Dove Cottage Road 5/3/2024 $675,000 0.6 Colonial 1,752 0.39 3 2-1
C 24 Grasmere Drive 8/5/2024 $925,000 0.6 Colonial 2,212 0.53 4 2-1
D 115 Jericho Path 6/4/2024 $1,325,000 0.7 Cape Cod 2,246 0.19 3 1-0
E 16 Nantucket Avenue 7/8/2024 $2,315,000 0.7 Colonial 2,239 0.08 2 3-1
F 170 Siders Pond Road 6/14/2024 $1,455,000 0.9 Cape Cod 2,232 0.3 4 2-1
Averages 98 days $1,243,500 0.61 --- 2,053 0.32 --- ---  

Estimation of Market Value - $1,140,099

As of today, 09/18/2024, the estimated market value of 5 Lantern Lane, Falmouth considering the above 6 comparable properties is $1,140,099.

 

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
@ 5 Lantern Lane 12/1/1998 $212,000 0 Cape Cod 2,115 0.43 3 2-1 -
  Criteria
A 3 Lantern Lane 7/7/1980 $56,000 0.0 Ranch 796 0.17 2 1-0
B 7 Lantern Lane 5/31/1989 $275,000 0.0 Cape Cod 2,056 0.55 3 2-1
C 6 Lantern Lane 4/8/2024 $692,159 0.0 Cape Cod 1,528 0.29 4 1-0
D 4 Lantern Lane 1/1/1974 $0 0.0 Warehousing 5,040 0.74 0 0-0
E 536 Main Street Unit 1AU 4/28/2022 $800,000 0.0 Condo Office 6,400 0 4 3-2
F 536 Main Street Unit 1U 11/2/2022 $225,000 0.0 Condo A 980 0 2 1-1
G 536 Main Street Unit 2U 8/2/2021 $100 0.0 Condo A 1,004 0 2 1-1
H 536 Main Street Unit 3U 10/7/1997 $73,000 0.0 Condo A 964 0 2 1-1
I 536 Main Street Unit 4U 3/7/2023 $360,000 0.0 Condo A 997 0 2 1-1
J 536 Main Street Unit 5U 9/11/2015 $225,000 0.0 Condo A 972 0 2 1-1
K 536 Main Street Unit 6U 11/26/2003 $219,000 0.0 Condo A 995 0 2 1-1
L 536 Main Street Unit 7U 3/15/1985 $71,000 0.0 Condo A 1,000 0 2 1-1
M 536 Main Street Unit 8U 7/12/2017 $10 0.0 Condo A 967 0 2 1-1
N 536 Main Street Unit 9U 4/20/2023 $225,000 0.0 Condo A 1,002 0 2 1-1
O 536 Main Street Unit 10U 6/1/2004 $230,000 0.0 Condo A 972 0 2 1-1
P 536 Main Street Unit 11AU 5/14/2021 $10 0.0 Condo A 470 0 1 1-0
Q 536 Main Street Unit 11BU 1/11/2019 $135,000 0.0 Condo A 444 0 1 1-0
R 536 Main Street Unit 12AU 5/14/2021 $10 0.0 Condo A 470 0 1 1-0
S 536 Main Street Unit 12BU 3/15/2019 $140,000 0.0 Condo A 504 0 1 1-0
T 9 Lantern Lane 8/23/2022 $100 0.0 Ranch 1,916 0.34 2 3-1
U 556 Main Street Unit 1 1/15/1974 $0 0.1 Store 11,288 0.47 0 0-0
V 556 Main Street 1/1/1974 $0 0.1 0.3 0 0-0
W 0 Lantern Lane 1/1/1974 $0 0.1 0.23 0 0-0
X 3 Morse Pond Road 5/26/2010 $455,550 0.1 Cape Cod 2,002 0.4 4 2-1
Y 11 Lantern Lane 1/24/2020 $100 0.1 Cape Cod 1,989 0.44 4 2-0
Z 10 Lantern Lane 12/17/2018 $760,000 0.1 Cape Cod 2,806 0.46 4 4-1
- 7 Morse Pond Road 5/2/2003 $365,000 0.1 Cape Cod 1,783 0.46 4 2-0
- 15 Lantern Lane 9/5/2007 $750,000 0.1 Cape Cod 4,220 0.47 5 2-2
- 573 Main Street 8/1/2007 $516,145 0.1 Store 2,400 0.26 0 0-0
- 8 Morse Pond Road 1/14/2022 $725,000 0.1 Cape Cod 2,407 0.4 2 3-1
- 668 Main Street 4/29/2016 $5,000,000 0.1 Branch Bank 9,900 1.11 0 0-4
- 14 Lantern Lane 5/16/2024 $766,000 0.1 Cape Cod 1,638 0.44 2 2-0
- 502 Main Street 3/17/2022 $1,100,000 0.1 ServSta 2Bay 1,189 0.34 0 0-0
- 17 Lantern Lane 1/3/2023 $800,000 0.1 Gambrel 2,085 0.49 3 2-1
- 631 Main Street 5/21/2003 $300,000 0.1 Store 1,995 0.24 0 0-0
- 480 Main Street Unit 1U 1/27/2023 $825,000 0.1 Condo A 2,222 0 3 1-1
- 480 Main Street Unit 2U 11/30/2007 $350,000 0.1 Condo A 1,432 0 2 2-1
- 480 Main Street Unit 3U 8/28/2014 $505,000 0.1 Condo A 1,994 0 3 1-1
- 480 Main Street Unit 4U 9/19/2023 $760,000 0.1 Condo A 1,575 0 2 1-1
- 480 Main Street Unit 5U 7/19/2019 $1 0.1 Condo A 1,484 0 2 1-1
- 480 Main Street Unit 6U 9/9/2008 $425,000 0.1 Condo A 1,994 0 3 2-1
- 480 Main Street Unit 7U 1/12/2021 $100 0.1 Condo A 2,380 0 3 2-1
- 480 Main Street Unit 8U 10/20/2010 $355,000 0.1 Condo A 1,612 0 2 2-1
- 480 Main Street Unit 9U 10/15/2008 $460,000 0.1 Condo A 1,818 0 3 2-1
- 480 Main Street Unit 10U 10/3/2008 $350,000 0.1 Condo A 1,445 0 2 2-1
- 480 Main Street Unit 11U 7/2/2018 $1 0.1 Condo A 1,795 0 3 2-1
- 480 Main Street Unit 12U 10/12/2023 $840,000 0.1 Condo A 1,484 0 2 2-2
- 480 Main Street Unit 13U 5/12/2009 $427,500 0.1 Condo A 1,994 0 3 2-1
- 480 Main Street Unit 14U 3/19/2018 $100 0.1 Condo A 1,907 0 3 2-1
- 480 Main Street Unit 15U 10/21/2022 $705,000 0.1 Condo A 1,440 0 2 1-1
- 480 Main Street Unit 16U 5/16/2022 $788,225 0.1 Condo A 1,856 0 2 2-1
- 486 Main Street 2/12/1992 $0 0.1 Service Shop 8,623 0.49 0 0-1
- 587 Main Street 1/5/2017 $925,000 0.1 Stores/Apart 8,808 0.68 0 2-5
- 0 Morse Pond Road 3/19/1969 $0 0.1 0.68 0 0-0
- 0 Dillingham Avenue 12/30/1986 $220,000 0.1 0.27 0 0-0
Averages 5453 days $421,820 0.08 --- 2,201 0.19 --- ---  
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
47B02 003 005 5 Lantern Lane