556 Main Street, Falmouth, MA 02540

556 Main Street Falmouth MA 02540
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Owner Information
Owner 1
John J Fay
Owner 2
Fays Realty Trust
Owner's Address
12 Canapitsit Dr E Falmouth, MA 02536-6211
Market Sale Information
Most recent sale date
1/1/1974
Previous sale date
Transfer document #
2005-69
Previous transfer document
Grantor
Previous grantor
Most recent sale price
$0.00
Previous sale price
N/A
Site Information
Property ID
47B 03 016 000
Lot Size
0.3
Use Code
390 - Developable Land
Zoning
BR
Building Style
Number of Rooms
0
Stories
Number of Beds
0
Year Built
Number of full baths
0
Condition
Average
Number of half baths
0
Finished Area
0
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
N/A
Floor type
N/A
Solar Hot Water
No
Roof Structure
Heating type
N/A
Roof Cover
Heating fuel
N/A
Frame type
Air Condition (%)
Sidings
Assessment Information
Fiscal Year
2024
Land Value
$481,700.00
Total value
$483,200.00
Building value
$0.00
Estimated tax
$3,034.00
Yard improvement value
$1,500.00
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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 556 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft - Style Age Rooms 0 Bedrooms 0 Full baths 0 Half baths 0 Gross Living Area Heating Fuel N/A Detached Garage Lot Size 0.3 Roof Cover AEM Value - Building $0.00 AEM Value - Land $481,700.00 AEM Value - Other $1,500.00 AEM Value - Total $483,200.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 556 Main Street 1/1/1974 $0 0 0.3 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
@ 556 Main Street 1/1/1974 $0 0 0.3 0 0-0 -
  Criteria
A 0 Lantern Lane 1/1/1974 $0 0.0 0.23 0 0-0
B 4 Lantern Lane 1/1/1974 $0 0.0 Warehousing 5,040 0.74 0 0-0
C 556 Main Street Unit 1 1/15/1974 $0 0.0 Store 11,288 0.47 0 0-0
D 573 Main Street 8/1/2007 $516,145 0.0 Store 2,400 0.26 0 0-0
E 6 Lantern Lane 4/8/2024 $692,159 0.0 Cape Cod 1,528 0.29 4 1-0
F 3 Lantern Lane 7/7/1980 $56,000 0.1 Ranch 796 0.17 2 1-0
G 631 Main Street 5/21/2003 $300,000 0.1 Store 1,995 0.24 0 0-0
H 536 Main Street Unit 1AU 4/28/2022 $800,000 0.1 Condo Office 6,400 0 4 3-2
I 536 Main Street Unit 1U 11/2/2022 $225,000 0.1 Condo A 980 0 2 1-1
J 536 Main Street Unit 2U 8/2/2021 $100 0.1 Condo A 1,004 0 2 1-1
K 536 Main Street Unit 3U 10/7/1997 $73,000 0.1 Condo A 964 0 2 1-1
L 536 Main Street Unit 4U 3/7/2023 $360,000 0.1 Condo A 997 0 2 1-1
M 536 Main Street Unit 5U 9/11/2015 $225,000 0.1 Condo A 972 0 2 1-1
N 536 Main Street Unit 6U 11/26/2003 $219,000 0.1 Condo A 995 0 2 1-1
O 536 Main Street Unit 7U 3/15/1985 $71,000 0.1 Condo A 1,000 0 2 1-1
P 536 Main Street Unit 8U 7/12/2017 $10 0.1 Condo A 967 0 2 1-1
Q 536 Main Street Unit 9U 4/20/2023 $225,000 0.1 Condo A 1,002 0 2 1-1
R 536 Main Street Unit 10U 6/1/2004 $230,000 0.1 Condo A 972 0 2 1-1
S 536 Main Street Unit 11AU 5/14/2021 $10 0.1 Condo A 470 0 1 1-0
T 536 Main Street Unit 11BU 1/11/2019 $135,000 0.1 Condo A 444 0 1 1-0
U 536 Main Street Unit 12AU 5/14/2021 $10 0.1 Condo A 470 0 1 1-0
V 536 Main Street Unit 12BU 3/15/2019 $140,000 0.1 Condo A 504 0 1 1-0
W 587 Main Street 1/5/2017 $925,000 0.1 Stores/Apart 8,808 0.68 0 2-5
X 5 Lantern Lane 12/1/1998 $212,000 0.1 Cape Cod 2,115 0.43 3 2-1
Y 20 Nye Road 2/16/2022 $100 0.1 Family Duplx 1,496 0.41 3 2-0
Z 7 Lantern Lane 5/31/1989 $275,000 0.1 Cape Cod 2,056 0.55 3 2-1
- 27 Nye Road 10/19/2020 $649,900 0.1 Colonial 2,340 0.18 6 2-0
- 28 Nye Road 8/6/2010 $420,000 0.1 Gambrel 1,627 0.35 4 2-0
- 668 Main Street 4/29/2016 $5,000,000 0.1 Branch Bank 9,900 1.11 0 0-4
- 635 Main Street Unit A 10/16/2006 $287,500 0.1 Condo A 1,200 0 2 1-1
- 635 Main Street Unit B 8/27/2021 $1 0.1 Condo A 1,200 0 2 1-1
- 555 Main Street 1/30/2018 $2,045,000 0.1 Conventional 2,048 1.46 0 2-0
- 639 Main Street 7/30/2002 $176,000 0.1 Ranch 572 0.13 1 1-0
- 637 Main Street 7/30/2021 $100 0.1 Cape Cod 2,057 0.16 2 2-1
- 31 Nye Road 12/18/2012 $100 0.1 Cape Cod 1,532 0.37 4 2-0
- 37 Nye Road 7/29/2015 $311,000 0.1 Bungalow 1,860 0.21 4 2-0
- 3 Morse Pond Road 5/26/2010 $455,550 0.1 Cape Cod 2,002 0.4 4 2-1
- 9 Lantern Lane 8/23/2022 $100 0.1 Ranch 1,916 0.34 2 3-1
- 545 Main Street 5/3/2006 $3,500,000 0.1 Nursing Home 45,353 1.57 121 0-0
- 40 Nye Road 12/23/2016 $100 0.1 Bungalow 2,484 0.51 4 2-0
- 47 Nye Road 8/28/2000 $0 0.1 Family Conv 1,624 0.1 4 2-0
- 7 Morse Pond Road 5/2/2003 $365,000 0.1 Cape Cod 1,783 0.46 4 2-0
- 502 Main Street 3/17/2022 $1,100,000 0.1 ServSta 2Bay 1,189 0.34 0 0-0
- 50 Nye Road 9/3/2004 $327,000 0.1 Ranch 672 0.11 2 1-0
- 49 Nye Road 11/10/2003 $100 0.1 Family Conv 1,622 0.14 4 2-0
- 641 Main Street 11/23/2015 $358,000 0.1 Conventional 1,603 0.68 3 1-1
- 52 Nye Road 2/19/2019 $100 0.1 Ranch 498 0.18 1 1-0
- 51 Nye Road 2/24/2017 $405,000 0.1 Bungalow 1,501 0.1 4 2-0
- 54 Nye Road 1/30/2006 $374,000 0.1 Ranch 1,116 0.17 3 2-0
- 11 Lantern Lane 1/24/2020 $100 0.1 Cape Cod 1,989 0.44 4 2-0
Averages 5373 days $429,084 0.08 --- 2,907 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
47B03 016 000 556 Main Street