6 Lantern Lane, Falmouth, MA 02540

6 Lantern Lane Falmouth MA 02540
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Owner Information
Owner 1
Falmouth Hospitality LLC
Owner 2
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
4/8/2024
Previous sale date
1/15/2016
Transfer document #
36301-245
Previous transfer document
29393-300
Grantor
Lawrence P Kavanagh
Previous grantor
Mary Williams Kavanagh
Most recent sale price
$692,159.00
Previous sale price
$100.00
Site Information
Property ID
47B 03 018 006
Lot Size
0.29
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Cape Cod
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1950
Number of full baths
1
Condition
Average
Number of half baths
0
Finished Area
1528
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
$265,800.00
Total value
$560,500.00
Building value
$294,700.00
Estimated tax
$3,519.00
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 6 Lantern Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $452.98 Style Cape Cod Age 1950 Rooms 7 Bedrooms 4 Full baths 1 Half baths 0 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.29 Roof Cover Asphalt AEM Value - Building $294,700.00 AEM Value - Land $265,800.00 AEM Value - Other $0.00 AEM Value - Total $560,500.00
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) 18 Pleasant View Avenue 0.4 9/5/2024 $975,000 1,284 $759.35 Cape Cod 1920 6 3 1 1 Gas 0.22 Asphalt $244,900 $395,500 $17,000 $657,400
C) 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
D) 38 Lucerne Avenue 0.8 5/6/2024 $270,000 1,252 $215.65 Cape Cod 1966 4 2 1 0 Gas 0.28 Asphalt $247,600 $408,300 $1,300 $657,200
E) 17 Randolph Street 0.9 7/9/2024 $652,000 1,344 $485.12 Cape Cod 1963 7 4 2 0 Gas 0.11 Asphalt $278,900 $193,800 $900 $473,600
F) 46 Pin Oak Way 1.0 8/1/2024 $1,100,000 1,449 $759.14 Cape Cod 1935 5 2 1 0 Oil 0.25 Asphalt $369,600 $432,800 $15,000 $817,400
G) 16 Hiawatha Street 1.0 3/27/2024 $763,500 1,408 $542.26 Ranch 1957 6 3 1 0 Oil 0.17 Asphalt $328,700 $263,800 $900 $593,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 6 Lantern Lane 4/8/2024 $692,159 0 Cape Cod 1,528 0.29 4 1-0 -
  Criteria
A 14 Lantern Lane 5/16/2024 $766,000 0.1 Cape Cod 1,638 0.44 2 2-0
B 18 Pleasant View Avenue 9/5/2024 $975,000 0.4 Cape Cod 1,284 0.22 3 1-1
C 33 Dove Cottage Road 5/3/2024 $675,000 0.6 Colonial 1,752 0.39 3 2-1
D 38 Lucerne Avenue 5/6/2024 $270,000 0.8 Cape Cod 1,252 0.28 2 1-0
E 17 Randolph Street 7/9/2024 $652,000 0.9 Cape Cod 1,344 0.11 4 2-0
F 46 Pin Oak Way 8/1/2024 $1,100,000 1.0 Cape Cod 1,449 0.25 2 1-0
G 16 Hiawatha Street 3/27/2024 $763,500 1.0 Ranch 1,408 0.17 3 1-0
Averages 99 days $743,071 0.68 --- 1,447 0.27 --- ---  

Estimation of Market Value - $714,168

As of today, 09/16/2024, the estimated market value of 6 Lantern Lane, Falmouth considering the above 7 comparable properties is $714,168.

 

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
@ 6 Lantern Lane 4/8/2024 $692,159 0 Cape Cod 1,528 0.29 4 1-0 -
  Criteria
A 4 Lantern Lane 1/1/1974 $0 0.0 Warehousing 5,040 0.74 0 0-0
B 7 Lantern Lane 5/31/1989 $275,000 0.0 Cape Cod 2,056 0.55 3 2-1
C 5 Lantern Lane 12/1/1998 $212,000 0.0 Cape Cod 2,115 0.43 3 2-1
D 3 Lantern Lane 7/7/1980 $56,000 0.0 Ranch 796 0.17 2 1-0
E 556 Main Street 1/1/1974 $0 0.0 0.3 0 0-0
F 3 Morse Pond Road 5/26/2010 $455,550 0.1 Cape Cod 2,002 0.4 4 2-1
G 9 Lantern Lane 8/23/2022 $100 0.1 Ranch 1,916 0.34 2 3-1
H 0 Lantern Lane 1/1/1974 $0 0.1 0.23 0 0-0
I 556 Main Street Unit 1 1/15/1974 $0 0.1 Store 11,288 0.47 0 0-0
J 7 Morse Pond Road 5/2/2003 $365,000 0.1 Cape Cod 1,783 0.46 4 2-0
K 536 Main Street Unit 1AU 4/28/2022 $800,000 0.1 Condo Office 6,400 0 4 3-2
L 536 Main Street Unit 1U 11/2/2022 $225,000 0.1 Condo A 980 0 2 1-1
M 536 Main Street Unit 2U 8/2/2021 $100 0.1 Condo A 1,004 0 2 1-1
N 536 Main Street Unit 3U 10/7/1997 $73,000 0.1 Condo A 964 0 2 1-1
O 536 Main Street Unit 4U 3/7/2023 $360,000 0.1 Condo A 997 0 2 1-1
P 536 Main Street Unit 5U 9/11/2015 $225,000 0.1 Condo A 972 0 2 1-1
Q 536 Main Street Unit 6U 11/26/2003 $219,000 0.1 Condo A 995 0 2 1-1
R 536 Main Street Unit 7U 3/15/1985 $71,000 0.1 Condo A 1,000 0 2 1-1
S 536 Main Street Unit 8U 7/12/2017 $10 0.1 Condo A 967 0 2 1-1
T 536 Main Street Unit 9U 4/20/2023 $225,000 0.1 Condo A 1,002 0 2 1-1
U 536 Main Street Unit 10U 6/1/2004 $230,000 0.1 Condo A 972 0 2 1-1
V 536 Main Street Unit 11AU 5/14/2021 $10 0.1 Condo A 470 0 1 1-0
W 536 Main Street Unit 11BU 1/11/2019 $135,000 0.1 Condo A 444 0 1 1-0
X 536 Main Street Unit 12AU 5/14/2021 $10 0.1 Condo A 470 0 1 1-0
Y 536 Main Street Unit 12BU 3/15/2019 $140,000 0.1 Condo A 504 0 1 1-0
Z 668 Main Street 4/29/2016 $5,000,000 0.1 Branch Bank 9,900 1.11 0 0-4
- 11 Lantern Lane 1/24/2020 $100 0.1 Cape Cod 1,989 0.44 4 2-0
- 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
- 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
- 0 Morse Pond Road 3/19/1969 $0 0.1 0.68 0 0-0
- 15 Lantern Lane 9/5/2007 $750,000 0.1 Cape Cod 4,220 0.47 5 2-2
- 587 Main Street 1/5/2017 $925,000 0.1 Stores/Apart 8,808 0.68 0 2-5
- 14 Lantern Lane 5/16/2024 $766,000 0.1 Cape Cod 1,638 0.44 2 2-0
- 704 Main Street Unit 3U 3/21/2016 $1 0.1 Condo A 856 0 0 1-0
- 704 Main Street Unit 3BU 1/24/2006 $1 0.1 Condo Office 2,242 0 0 0-0
- 704 Main Street Unit 3CU 1/24/2006 $1 0.1 Condo Office 1,858 0 0 0-0
- 704 Main Street Unit 3DU 1/24/2006 $1 0.1 Condo Office 1,531 0 0 0-1
- 704 Main Street Unit 3EU 8/1/2014 $475,000 0.1 Condo Office 2,606 0 0 0-2
- 704 Main Street Unit 3FU 12/21/2004 $1,850,000 0.1 Condo A 32,301 0 58 44-0
- 704 Main Street Unit 3GU 12/21/2004 $1,850,000 0.1 Condo A 10,987 0 20 14-0
- 20 Nye Road 2/16/2022 $100 0.1 Family Duplx 1,496 0.41 3 2-0
- 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
- 24 Morse Pond Road 12/29/1998 $0 0.1 Ranch 3,147 0.46 3 3-0
- 27 Nye Road 10/19/2020 $649,900 0.1 Colonial 2,340 0.18 6 2-0
Averages 6260 days $402,586 0.08 --- 3,044 0.22 --- ---  
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 018 006 6 Lantern Lane