56 King Street, Falmouth, MA 02540

56 King Street Falmouth MA 02540
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Owner Information
Owner 1
Stephen F Madaus
Owner 2
Owner's Address
2 Sprucewood Ln Worcester, MA 01606
Market Sale Information
Most recent sale date
6/14/2016
Previous sale date
4/22/1997
Transfer document #
29725-20
Previous transfer document
10709-0063
Grantor
Kathleen K Madaus
Previous grantor
Gerald F Madaus
Most recent sale price
$500,000.00
Previous sale price
$0.00
Site Information
Property ID
47B 04 001 000A
Lot Size
0.29
Use Code
101 - Residential, single family
Zoning
GR
Building Style
Conventional
Number of Rooms
7
Stories
Number of Beds
3
Year Built
1889
Number of full baths
2
Condition
Average
Number of half baths
0
Finished Area
2544
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
$303,800.00
Total value
$725,900.00
Building value
$422,100.00
Estimated tax
$4,558.00
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 56 King Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $196.54 Style Conventional Age 1889 Rooms 7 Bedrooms 3 Full baths 2 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.29 Roof Cover Asphalt AEM Value - Building $422,100.00 AEM Value - Land $303,800.00 AEM Value - Other $0.00 AEM Value - Total $725,900.00
A) 300 Shore Street 0.5 6/20/2024 $1,640,000 3,116 $526.32 Colonial 1822 8 5 1 2 Gas 0.24 WoodShingle $552,700 $683,200 $9,600 $1,245,500
B) 170 Siders Pond Road 0.7 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
C) 62 Bywater Court 0.8 8/30/2024 $2,100,000 2,875 $730.43 Contemporary 2001 7 4 4 0 Gas 0.19 Asphalt $665,800 $606,600 $50,000 $1,322,400
D) 75 Bywater Court 0.8 5/30/2024 $2,425,000 2,384 $1017.20 Contemporary 2020 7 4 2 1 Gas 0.18 Asphalt $982,400 $662,200 $12,300 $1,656,900
E) 16 Emmons Road 0.8 6/7/2024 $1,255,000 2,524 $497.23 Cape Cod 1952 7 4 2 0 Oil 0.37 Asphalt $468,400 $412,800 $9,200 $890,400
F) 16 Nantucket Avenue 0.8 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
G) 115 Jericho Path 0.9 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
H) 24 Grasmere Drive 0.9 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 56 King Street 6/14/2016 $500,000 0 Conventional 2,544 0.29 3 2-0 -
  Criteria
A 300 Shore Street 6/20/2024 $1,640,000 0.5 Colonial 3,116 0.24 5 1-2
B 170 Siders Pond Road 6/14/2024 $1,455,000 0.7 Cape Cod 2,232 0.3 4 2-1
C 62 Bywater Court 8/30/2024 $2,100,000 0.8 Contemporary 2,875 0.19 4 4-0
D 75 Bywater Court 5/30/2024 $2,425,000 0.8 Contemporary 2,384 0.18 4 2-1
E 16 Emmons Road 6/7/2024 $1,255,000 0.8 Cape Cod 2,524 0.37 4 2-0
F 16 Nantucket Avenue 7/8/2024 $2,315,000 0.8 Colonial 2,239 0.08 2 3-1
G 115 Jericho Path 6/4/2024 $1,325,000 0.9 Cape Cod 2,246 0.19 3 1-0
H 24 Grasmere Drive 8/5/2024 $925,000 0.9 Colonial 2,212 0.53 4 2-1
Averages 82 days $1,680,000 0.76 --- 2,479 0.26 --- ---  

Estimation of Market Value - $1,368,625

As of today, 09/19/2024, the estimated market value of 56 King Street, Falmouth considering the above 8 comparable properties is $1,368,625.

 

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
@ 56 King Street 6/14/2016 $500,000 0 Conventional 2,544 0.29 3 2-0 -
  Criteria
A 52 King Street 11/13/2006 $350,000 0.0 Ranch 1,104 0.21 2 1-0
B 26 Queen Street 10/21/2011 $100 0.0 Conventional 2,915 0.34 3 2-1
C 46 King Street 12/31/2021 $1 0.0 Family Conv 2,640 0.26 4 4-0
D 72 King Street 1/30/2004 $579,500 0.0 Colonial 2,412 0.37 4 3-0
E 46-A King Street 8/10/2004 $250,000 0.0 Ranch 936 0.06 2 1-0
F 21 Queen Street 8/10/2023 $1 0.0 Family Conv 1,720 0.18 4 2-0
G 59 King Street 9/9/2022 $900,000 0.0 Colonial 2,870 0.86 4 1-0
H 49 King Street Unit 1AU 8/21/2009 $10 0.0 Condo A 1,476 0 2 1-1
I 49 King Street Unit 2AU 7/20/2004 $415,000 0.0 Condo A 1,476 0 2 1-1
J 49 King Street Unit 3AU 8/6/2004 $412,500 0.0 Condo A 1,476 0 2 1-1
K 49 King Street Unit 4AU 9/13/2005 $405,000 0.0 Condo A 1,476 0 2 1-1
L 34 King Street 9/1/2005 $543,000 0.0 Colonial 2,114 0.77 5 4-0
M 71 King Street 3/2/2021 $100 0.0 Cape Cod 2,182 0.29 4 1-1
N 82 King Street 5/12/1995 $109,000 0.0 Ranch 950 0.25 2 1-0
O 30 Queen Street 6/9/2009 $1 0.0 Conventional 1,506 0.47 3 2-0
P 75 King Street 9/3/2020 $755,000 0.1 Cape Cod 1,610 0.2 3 1-1
Q 31 King Street 3/6/2003 $0 0.1 Colonial 1,728 0.37 4 2-0
R 15 Taylor Court 11/4/2020 $100 0.1 Conventional 1,551 0.17 3 2-0
S 27 Queen Street 1/31/2023 $1 0.1 Cape Cod 1,170 0.19 3 1-0
T 90 King Street 2/6/2008 $100 0.1 Cape Cod 2,272 0.23 4 2-0
U 79 King Street 4/6/2021 $100 0.1 Colonial 2,565 0.46 7 5-0
V 26 King Street 9/22/1978 $100 0.1 Family Conv 2,148 0.42 8 4-0
W 16 Taylor Court 4/5/2010 $326,000 0.1 Cape Cod 1,391 0.16 3 2-0
X 21 Taylor Court 9/23/2019 $450,000 0.1 Family Conv 1,592 0.19 2 2-0
Y 43 King Street 3/2/2007 $525,000 0.1 Colonial 2,522 0.41 5 3-0
Z 0 King Street 6/23/2015 $435,000 0.1 0.24 0 0-0
- 40 Queen Street 4/11/1984 $90,000 0.1 Family Conv 2,334 0.36 4 2-0
- 39 Queen Street 1/2/2015 $260,000 0.1 Cape Cod 1,498 0.25 4 1-0
- 0 Pelican Lane-Off 3/20/1918 $0 0.1 0.17 0 0-0
- 67 Pelican Lane 5/2/2016 $100 0.1 Cape Cod 1,569 0.25 3 1-0
- 87 King Street 11/16/2009 $1 0.1 Family Conv 1,195 0.41 2 2-0
- 20 Taylor Court 6/12/2023 $750,000 0.1 Colonial 1,574 0.18 3 2-0
- 14 King Street 8/19/1996 $0 0.1 Colonial 2,766 0.37 4 1-0
- 27 King Street 6/23/2015 $142,500 0.1 Colonial 1,500 0.19 4 1-1
- 100 King Street 1/31/2014 $669,900 0.1 Family Conv 2,880 0.75 5 4-0
- 6 Meribah Lane 7/30/2018 $330,000 0.1 Family Duplx 2,760 0.35 4 3-0
- 15 Filmore Court 10/8/2020 $100 0.1 Colonial 3,380 0.25 4 3-1
- 97 King Street 3/27/1995 $104,900 0.1 Conventional 987 0.12 3 1-0
- 0 Pelican Lane 5/2/2016 $100 0.1 0.21 0 0-0
- 53 Queen Street 1/1/1979 $51,000 0.1 Cape Cod 1,567 0.3 3 1-1
- 40 Shore Street 11/13/2018 $575,000 0.1 Colonial 2,149 1.22 4 2-0
- 26 Shore Street Unit 1U 7/7/2023 $460,000 0.1 Condo A 723 0 1 1-0
- 26 Shore Street Unit 2U 4/6/2022 $1 0.1 Condo A 723 0 1 1-0
- 26 Shore Street Unit 3U 2/20/2018 $100 0.1 Condo A 976 0 2 1-0
- 26 Shore Street Unit 4U 12/19/2022 $534,500 0.1 Condo A 1,008 0 2 1-1
- 26 Shore Street Unit 5U 5/25/2023 $415,000 0.1 Condo A 684 0 1 1-0
- 26 Shore Street Unit 6U 10/17/2008 $207,500 0.1 Condo A 576 0 1 1-0
- 26 Shore Street Unit 7U 7/29/2019 $265,000 0.1 Condo A 972 0 2 1-0
- 16 Meribah Lane 11/20/2020 $100 0.1 Family Duplx 1,792 0.37 4 2-0
- 101 King Street 7/1/2022 $715,000 0.1 Ranch 880 0.12 2 1-0
- 26 Meribah Lane 4/16/2024 $1,251,000 0.1 Family Duplx 1,918 0.5 4 2-0
- 15 Allen Avenue 3/31/2010 $10 0.1 Cape Cod 1,882 0.3 3 2-0
- 53 Pelican Lane 1/30/2004 $1 0.1 Ranch 742 0.24 2 1-0
- 78 Pelican Lane 3/10/1994 $0 0.1 Family Conv 1,640 0.29 4 2-0
- 13 Pelican Lane 1/12/2012 $1 0.1 Cape Cod 1,512 0.13 3 2-1
- 419 Main Street 3/25/2019 $1,500,000 0.1 Service Shop 2,100 0.31 0 0-0
- 399 Main Street 1/1/1900 $0 0.1 Fire Station 16,189 0.86 0 0-0
- 104 King Street Unit 1AU 3/12/2013 $435,000 0.1 Condo A 1,960 0 2 2-0
- 104 King Street Unit 1BU 8/1/2006 $460,000 0.1 Condo A 1,960 0 2 2-0
- 104 King Street Unit 2CU 8/25/2021 $805,000 0.1 Condo A 1,960 0 2 2-0
- 104 King Street Unit 2DU 11/30/2005 $440,000 0.1 Condo A 1,960 0 2 1-0
- 104 King Street Unit 3EU 3/24/2016 $1 0.1 Condo A 1,960 0 2 2-0
- 104 King Street Unit 3FU 8/14/2003 $395,000 0.1 Condo A 1,960 0 2 2-0
- 104 King Street Unit 4GU 1/28/2008 $456,250 0.1 Condo A 2,296 0 2 2-0
- 104 King Street Unit 4HU 9/4/2018 $1 0.1 Condo A 1,596 0 2 2-0
- 104 King Street Unit 5IU 11/1/2017 $100 0.1 Condo A 1,596 0 2 2-0
- 104 King Street Unit 5JU 8/25/2016 $1 0.1 Condo A 2,296 0 2 2-0
- 445 Main Street 1/1/1951 $0 0.1 Office Build 2,682 0.43 0 0-2
- 50 Shore Street 5/31/2024 $1,250,000 0.1 Family Conv 1,862 0.25 3 3-0
- 105 King Street 10/1/2013 $464,000 0.1 Cape Cod 2,539 0.23 3 2-1
- 41 Pelican Lane 9/24/2020 $714,450 0.1 Ranch 1,590 0.23 3 2-0
- 25 Allen Avenue 7/18/2006 $538,000 0.1 Cape Cod 2,110 0.36 3 2-0
- 0 Meribah Lane 3/1/1999 $0 0.1 0.07 0 0-0
- 475 Main Street 6/30/2003 $0 0.1 Funeral Home 3,788 0.64 0 1-2
- 20 Shore Street 10/19/2012 $210,000 0.1 Conventional 2,825 0.27 6 3-0
- 36 Shore Street 6/1/2020 $371,300 0.1 Colonial 1,092 0.11 3 1-0
- 30 Shore Street 2/12/2016 $1 0.1 Colonial 1,984 0.15 4 2-0
- 54 Shore Street 5/28/1992 $141,300 0.1 Conventional 1,524 0.13 4 1-1
- 511 Main Street 10/1/1937 $0 0.1 Church 8,000 3.22 0 0-3
- 11 Pelican Lane Unit 11AU 10/14/2022 $1 0.1 Condo A 2,361 0.51 3 2-1
- 11 Pelican Lane Unit 11BU 6/21/2019 $727,000 0.1 Condo A 2,361 0.51 3 2-1
- 58 Shore Street 5/18/2017 $1 0.1 Family Conv 2,624 0.14 4 4-0
- 30 Meribah Lane 4/18/2019 $10 0.1 Family Duplx 1,880 0.38 4 2-0
- 122 King Street 2/21/2001 $0 0.1 Cape Cod 2,164 0.23 3 2-1
- 63 Queen Street 11/27/2013 $639,000 0.1 Colonial 2,048 0.29 3 3-0
- 16 Fairview Avenue 7/30/2015 $220,000 0.1 Cape Cod 2,010 0.14 4 1-0
- 68 Queen Street 6/7/2021 $168,000 0.1 Ranch 1,922 0.23 3 1-1
- 15 Meribah Lane 6/27/2022 $1 0.1 Family Duplx 2,440 0.41 4 2-0
- 22 Fairview Avenue 12/4/1992 $62,500 0.1 Colonial 1,475 0.14 3 1-0
- 66 Shore Street 5/19/2023 $1,100,000 0.1 Family Conv 2,493 0.26 4 2-1
- 14 Allen Avenue 6/1/2018 $790,000 0.1 Colonial 2,146 0.3 3 2-0
- 420 Main Street 7/15/2020 $400,000 0.1 Service Shop 1,365 0.15 0 0-0
Averages 5836 days $277,873 0.08 --- 1,990 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
47B04 001 000A 56 King Street