3 Lantern Lane, Falmouth, MA 02540

3 Lantern Lane Falmouth MA 02540
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Owner Information
Owner 1
John J Fay Jr
Owner 2
Eleanor M Fay
Owner's Address
12 Canapitsit Dr E Falmouth, MA 02536-6211
Market Sale Information
Most recent sale date
7/7/1980
Previous sale date
1/1/1959
Transfer document #
03120-0230
Previous transfer document
01031-0243
Grantor
Previous grantor
Most recent sale price
$56,000.00
Previous sale price
$0.00
Site Information
Property ID
47B 02 004 003
Lot Size
0.17
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Ranch
Number of Rooms
4
Stories
Number of Beds
2
Year Built
1950
Number of full baths
1
Condition
Average
Number of half baths
0
Finished Area
796
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
Oil
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$250,800.00
Total value
$428,400.00
Building value
$177,600.00
Estimated tax
$2,690.00
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 3 Lantern Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $70.35 Style Ranch Age 1950 Rooms 4 Bedrooms 2 Full baths 1 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.17 Roof Cover Asphalt AEM Value - Building $177,600.00 AEM Value - Land $250,800.00 AEM Value - Other $0.00 AEM Value - Total $428,400.00
A) 14 Amvets Avenue 0.4 3/22/2024 $515,000 930 $553.76 Ranch 1949 6 3 1 0 Oil 0.22 Asphalt $241,100 $190,800 $900 $432,800
B) 19 Daniel Street 0.6 4/23/2024 $675,400 846 $798.35 Ranch 1970 4 2 1 0 Gas 0.28 Asphalt $219,000 $242,200 $1,700 $462,900
C) 20 Oak Street 1.0 7/18/2024 $535,000 988 $541.50 Ranch 1970 6 3 2 0 Gas 0.17 Asphalt $203,700 $199,600 $0 $403,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 3 Lantern Lane 7/7/1980 $56,000 0 Ranch 796 0.17 2 1-0 -
  Criteria
A 14 Amvets Avenue 3/22/2024 $515,000 0.4 Ranch 930 0.22 3 1-0
B 19 Daniel Street 4/23/2024 $675,400 0.6 Ranch 846 0.28 2 1-0
C 20 Oak Street 7/18/2024 $535,000 1.0 Ranch 988 0.17 3 2-0
Averages 131 days $575,133 0.67 --- 921 0.22 --- ---  

Estimation of Market Value - $532,959

As of today, 09/18/2024, the estimated market value of 3 Lantern Lane, Falmouth considering the above 3 comparable properties is $532,959.

 

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
@ 3 Lantern Lane 7/7/1980 $56,000 0 Ranch 796 0.17 2 1-0 -
  Criteria
A 5 Lantern Lane 12/1/1998 $212,000 0.0 Cape Cod 2,115 0.43 3 2-1
B 536 Main Street Unit 1AU 4/28/2022 $800,000 0.0 Condo Office 6,400 0 4 3-2
C 536 Main Street Unit 1U 11/2/2022 $225,000 0.0 Condo A 980 0 2 1-1
D 536 Main Street Unit 2U 8/2/2021 $100 0.0 Condo A 1,004 0 2 1-1
E 536 Main Street Unit 3U 10/7/1997 $73,000 0.0 Condo A 964 0 2 1-1
F 536 Main Street Unit 4U 3/7/2023 $360,000 0.0 Condo A 997 0 2 1-1
G 536 Main Street Unit 5U 9/11/2015 $225,000 0.0 Condo A 972 0 2 1-1
H 536 Main Street Unit 6U 11/26/2003 $219,000 0.0 Condo A 995 0 2 1-1
I 536 Main Street Unit 7U 3/15/1985 $71,000 0.0 Condo A 1,000 0 2 1-1
J 536 Main Street Unit 8U 7/12/2017 $10 0.0 Condo A 967 0 2 1-1
K 536 Main Street Unit 9U 4/20/2023 $225,000 0.0 Condo A 1,002 0 2 1-1
L 536 Main Street Unit 10U 6/1/2004 $230,000 0.0 Condo A 972 0 2 1-1
M 536 Main Street Unit 11AU 5/14/2021 $10 0.0 Condo A 470 0 1 1-0
N 536 Main Street Unit 11BU 1/11/2019 $135,000 0.0 Condo A 444 0 1 1-0
O 536 Main Street Unit 12AU 5/14/2021 $10 0.0 Condo A 470 0 1 1-0
P 536 Main Street Unit 12BU 3/15/2019 $140,000 0.0 Condo A 504 0 1 1-0
Q 556 Main Street Unit 1 1/15/1974 $0 0.0 Store 11,288 0.47 0 0-0
R 4 Lantern Lane 1/1/1974 $0 0.0 Warehousing 5,040 0.74 0 0-0
S 6 Lantern Lane 4/8/2024 $692,159 0.0 Cape Cod 1,528 0.29 4 1-0
T 7 Lantern Lane 5/31/1989 $275,000 0.0 Cape Cod 2,056 0.55 3 2-1
U 0 Lantern Lane 1/1/1974 $0 0.0 0.23 0 0-0
V 556 Main Street 1/1/1974 $0 0.1 0.3 0 0-0
W 9 Lantern Lane 8/23/2022 $100 0.1 Ranch 1,916 0.34 2 3-1
X 573 Main Street 8/1/2007 $516,145 0.1 Store 2,400 0.26 0 0-0
Y 3 Morse Pond Road 5/26/2010 $455,550 0.1 Cape Cod 2,002 0.4 4 2-1
Z 11 Lantern Lane 1/24/2020 $100 0.1 Cape Cod 1,989 0.44 4 2-0
- 502 Main Street 3/17/2022 $1,100,000 0.1 ServSta 2Bay 1,189 0.34 0 0-0
- 587 Main Street 1/5/2017 $925,000 0.1 Stores/Apart 8,808 0.68 0 2-5
- 486 Main Street 2/12/1992 $0 0.1 Service Shop 8,623 0.49 0 0-1
- 7 Morse Pond Road 5/2/2003 $365,000 0.1 Cape Cod 1,783 0.46 4 2-0
- 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
- 631 Main Street 5/21/2003 $300,000 0.1 Store 1,995 0.24 0 0-0
- 10 Lantern Lane 12/17/2018 $760,000 0.1 Cape Cod 2,806 0.46 4 4-1
- 555 Main Street 1/30/2018 $2,045,000 0.1 Conventional 2,048 1.46 0 2-0
- 27 Nye Road 10/19/2020 $649,900 0.1 Colonial 2,340 0.18 6 2-0
- 545 Main Street 5/3/2006 $3,500,000 0.1 Nursing Home 45,353 1.57 121 0-0
- 668 Main Street 4/29/2016 $5,000,000 0.1 Branch Bank 9,900 1.11 0 0-4
- 15 Lantern Lane 9/5/2007 $750,000 0.1 Cape Cod 4,220 0.47 5 2-2
- 20 Nye Road 2/16/2022 $100 0.1 Family Duplx 1,496 0.41 3 2-0
Averages 4981 days $500,743 0.08 --- 3,101 0.23 --- ---  
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 004 003 3 Lantern Lane