502 Main Street, Falmouth, MA 02540

502 Main Street Falmouth MA 02540
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Owner Information
Owner 1
Susan Knute
Owner 2
Colonial 502 Rlty Trust
Owner's Address
415 West St West Bridgewater, MA 02379
Market Sale Information
Most recent sale date
3/17/2022
Previous sale date
4/2/2018
Transfer document #
34980-265
Previous transfer document
31175-281
Grantor
Marjorie Noonan
Previous grantor
Marjorie Noonan
Most recent sale price
$1,100,000.00
Previous sale price
$1.00
Site Information
Property ID
47B 02 009 000A
Lot Size
0.34
Use Code
334 - Gasoline Service Stations
Zoning
BR
Building Style
ServSta 2Bay
Number of Rooms
0
Stories
Number of Beds
0
Year Built
1967
Number of full baths
0
Condition
Average
Number of half baths
0
Finished Area
1189
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Minimum
Floor type
Conc Slab
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Frcd Hot Air
Roof Cover
Asphalt
Heating fuel
Oil
Frame type
Masonry
Air Condition (%)
Sidings
Conc Block
Assessment Information
Fiscal Year
2024
Land Value
$493,700.00
Total value
$970,200.00
Building value
$245,200.00
Estimated tax
$6,092.00
Yard improvement value
$231,300.00
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Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 502 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $925.15 Style ServSta 2Bay Age 1967 Rooms 0 Bedrooms 0 Full baths 0 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.34 Roof Cover Asphalt AEM Value - Building $245,200.00 AEM Value - Land $493,700.00 AEM Value - Other $231,300.00 AEM Value - Total $970,200.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 502 Main Street 3/17/2022 $1,100,000 0 ServSta 2Bay 1,189 0.34 0 0-0 -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

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
@ 502 Main Street 3/17/2022 $1,100,000 0 ServSta 2Bay 1,189 0.34 0 0-0 -
  Criteria
A 486 Main Street 2/12/1992 $0 0.0 Service Shop 8,623 0.49 0 0-1
B 464 Main Street 12/14/2020 $650,000 0.0 Service Shop 1,686 0.7 0 0-0
C 475 Main Street 6/30/2003 $0 0.1 Funeral Home 3,788 0.64 0 1-2
D 545 Main Street 5/3/2006 $3,500,000 0.1 Nursing Home 45,353 1.57 121 0-0
E 511 Main Street 10/1/1937 $0 0.1 Church 8,000 3.22 0 0-3
F 536 Main Street Unit 1AU 4/28/2022 $800,000 0.1 Condo Office 6,400 0 4 3-2
G 536 Main Street Unit 1U 11/2/2022 $225,000 0.1 Condo A 980 0 2 1-1
H 536 Main Street Unit 2U 8/2/2021 $100 0.1 Condo A 1,004 0 2 1-1
I 536 Main Street Unit 3U 10/7/1997 $73,000 0.1 Condo A 964 0 2 1-1
J 536 Main Street Unit 4U 3/7/2023 $360,000 0.1 Condo A 997 0 2 1-1
K 536 Main Street Unit 5U 9/11/2015 $225,000 0.1 Condo A 972 0 2 1-1
L 536 Main Street Unit 6U 11/26/2003 $219,000 0.1 Condo A 995 0 2 1-1
M 536 Main Street Unit 7U 3/15/1985 $71,000 0.1 Condo A 1,000 0 2 1-1
N 536 Main Street Unit 8U 7/12/2017 $10 0.1 Condo A 967 0 2 1-1
O 536 Main Street Unit 9U 4/20/2023 $225,000 0.1 Condo A 1,002 0 2 1-1
P 536 Main Street Unit 10U 6/1/2004 $230,000 0.1 Condo A 972 0 2 1-1
Q 536 Main Street Unit 11AU 5/14/2021 $10 0.1 Condo A 470 0 1 1-0
R 536 Main Street Unit 11BU 1/11/2019 $135,000 0.1 Condo A 444 0 1 1-0
S 536 Main Street Unit 12AU 5/14/2021 $10 0.1 Condo A 470 0 1 1-0
T 536 Main Street Unit 12BU 3/15/2019 $140,000 0.1 Condo A 504 0 1 1-0
U 480 Main Street Unit 1U 1/27/2023 $825,000 0.1 Condo A 2,222 0 3 1-1
V 480 Main Street Unit 2U 11/30/2007 $350,000 0.1 Condo A 1,432 0 2 2-1
W 480 Main Street Unit 3U 8/28/2014 $505,000 0.1 Condo A 1,994 0 3 1-1
X 480 Main Street Unit 4U 9/19/2023 $760,000 0.1 Condo A 1,575 0 2 1-1
Y 480 Main Street Unit 5U 7/19/2019 $1 0.1 Condo A 1,484 0 2 1-1
Z 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
- 19 Boxwood Circle 4/20/2018 $2,000,000 0.1 Ranch 1,056 0.43 3 2-0
- 556 Main Street Unit 1 1/15/1974 $0 0.1 Store 11,288 0.47 0 0-0
- 422 Main Street 10/28/2021 $1,250,000 0.1 Store 6,464 0.34 0 0-5
- 29 Boxwood Circle 4/20/2018 $200,000 0.1 Ranch 1,360 0.25 3 1-0
- 14 Occum Lane 6/29/2011 $219,000 0.1 Store 780 0.12 0 0-0
- 445 Main Street 1/1/1951 $0 0.1 Office Build 2,682 0.43 0 0-2
- 555 Main Street 1/30/2018 $2,045,000 0.1 Conventional 2,048 1.46 0 2-0
- 15 Boxwood Circle 5/31/2002 $150,000 0.1 Store 1,830 0.13 0 0-0
- 3 Lantern Lane 7/7/1980 $56,000 0.1 Ranch 796 0.17 2 1-0
- 573 Main Street 8/1/2007 $516,145 0.1 Store 2,400 0.26 0 0-0
- 35 Boxwood Circle 11/24/1997 $148,450 0.1 Cape Cod 1,718 0.27 3 2-0
- 11 Gifford Street 11/18/2021 $250,000 0.1 0.15 0 0-0
- 0 Lantern Lane 1/1/1974 $0 0.1 0.23 0 0-0
- 420 Main Street 7/15/2020 $400,000 0.1 Service Shop 1,365 0.15 0 0-0
- 14 King Street 8/19/1996 $0 0.1 Colonial 2,766 0.37 4 1-0
- 30 Meribah Lane 4/18/2019 $10 0.1 Family Duplx 1,880 0.38 4 2-0
- 21 Gifford Street 6/3/1991 $210,000 0.1 Family Conv 1,372 0.25 3 3-0
- 26 Meribah Lane 4/16/2024 $1,251,000 0.1 Family Duplx 1,918 0.5 4 2-0
- 45 Gifford Street 6/12/2000 $58,000 0.1 Cape Cod 1,170 0.44 1 1-1
- 26 King Street 9/22/1978 $100 0.1 Family Conv 2,148 0.42 8 4-0
- 587 Main Street 1/5/2017 $925,000 0.1 Stores/Apart 8,808 0.68 0 2-5
- 31 Nye Road 12/18/2012 $100 0.1 Cape Cod 1,532 0.37 4 2-0
- 27 Meribah Lane 11/7/2008 $10 0.1 Family Duplx 1,880 0.45 4 3-0
- 5 Lantern Lane 12/1/1998 $212,000 0.1 Cape Cod 2,115 0.43 3 2-1
- 27 Nye Road 10/19/2020 $649,900 0.1 Colonial 2,340 0.18 6 2-0
- 556 Main Street 1/1/1974 $0 0.1 0.3 0 0-0
- 44 Boxwood Circle 6/4/2021 $1 0.1 Cape Cod 1,660 0.23 4 1-1
- 419 Main Street 3/25/2019 $1,500,000 0.1 Service Shop 2,100 0.31 0 0-0
- 0 Boxwood Circle 11/24/1997 $148,450 0.1 0.59 0 0-0
- 4 Lantern Lane 1/1/1974 $0 0.1 Warehousing 5,040 0.74 0 0-0
Averages 6290 days $391,412 0.08 --- 2,796 0.27 --- ---  
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 009 000A 502 Main Street