703 Main Street, Falmouth, MA 02540

Owner Information
Owner 1
Marinas For Sale Com Inc
Owner 2
Owner's Address
703 Main St Falmouth, MA 02540-3215
Market Sale Information
Most recent sale date
12/7/2005
Previous sale date
10/18/1983
Transfer document #
20545-282
Previous transfer document
03899-0057
Grantor
Falmouth Financial
Previous grantor
Foley Real Estate Inc
Most recent sale price
$1.00
Previous sale price
$0.00
Site Information
Property ID
47B 05 004 000
Lot Size
0.18
Use Code
340 - General Office Buildings
Zoning
BR
Building Style
Office Build
Number of Rooms
0
Stories
Number of Beds
0
Year Built
1974
Number of full baths
0
Condition
Average
Number of half baths
2
Finished Area
3538
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Drywall
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Elec BB
Roof Cover
Asphalt
Heating fuel
Electric
Frame type
Wood
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$441,800.00
Total value
$726,600.00
Building value
$284,800.00
Estimated tax
$4,563.00
Yard improvement value
$0.00
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 703 Main Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Office Build Age 1974 Rooms 0 Bedrooms 0 Full baths 0 Half baths 2 Gross Living Area Heating Fuel Electric Detached Garage Lot Size 0.18 Roof Cover Asphalt AEM Value - Building $284,800.00 AEM Value - Land $441,800.00 AEM Value - Other $0.00 AEM Value - Total $726,600.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 703 Main Street 12/7/2005 $1 0 Office Build 3,538 0.18 0 0-2 -
  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
  • 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
@ 703 Main Street 12/7/2005 $1 0 Office Build 3,538 0.18 0 0-2 -
  Criteria
A 697 Main Street 3/23/2020 $100 0.0 0.27 0 0-0
B 719 Main Street 3/23/2020 $100 0.0 Store 12,992 0.63 0 0-0
C 689 Main Street 12/30/1992 $0 0.0 Restaurant 2,268 0.52 0 0-0
D 57 Scranton Avenue 12/19/1975 $0 0.0 1.19 0 0-0
E 0 Scranton Avenue 3/23/2020 $100 0.0 0.12 0 0-0
F 63 Scranton Avenue 11/5/1997 $400,000 0.1 0.7 0 0-0
G 0 Main Street 12/20/2017 $100 0.1 0.64 0 0-0
H 743 Main Street 2/6/1998 $0 0.1 Store 2,688 0.36 0 0-1
I 704 Main Street Unit 3U 3/21/2016 $1 0.1 Condo A 856 0 0 1-0
J 704 Main Street Unit 3BU 1/24/2006 $1 0.1 Condo Office 2,242 0 0 0-0
K 704 Main Street Unit 3CU 1/24/2006 $1 0.1 Condo Office 1,858 0 0 0-0
L 704 Main Street Unit 3DU 1/24/2006 $1 0.1 Condo Office 1,531 0 0 0-1
M 704 Main Street Unit 3EU 8/1/2014 $475,000 0.1 Condo Office 2,606 0 0 0-2
N 704 Main Street Unit 3FU 12/21/2004 $1,850,000 0.1 Condo A 32,301 0 58 44-0
O 704 Main Street Unit 3GU 12/21/2004 $1,850,000 0.1 Condo A 10,987 0 20 14-0
P 668 Main Street 4/29/2016 $5,000,000 0.1 Branch Bank 9,900 1.11 0 0-4
Q 38 Scranton Avenue 3/1/2022 $925,000 0.1 Office Build 672 0.12 0 0-1
R 44 Scranton Avenue 3/1/2022 $925,000 0.1 Office Build 5,794 0.19 0 0-2
S 77 Scranton Avenue 4/30/2014 $9,360,000 0.1 Store 31,631 2.25 0 0-6
T 32 Scranton Avenue 6/29/2022 $1,650,000 0.1 Dry Cleaner 2,192 0.4 0 0-1
U 631 Main Street 5/21/2003 $300,000 0.1 Store 1,995 0.24 0 0-0
V 56 Scranton Avenue 11/5/1997 $491,120 0.1 Store 6,714 0.45 0 0-3
W 781 Main Street 8/1/2017 $624,000 0.1 Store 2,667 0.19 0 0-2
X 635 Main Street Unit A 10/16/2006 $287,500 0.1 Condo A 1,200 0 2 1-1
Y 635 Main Street Unit B 8/27/2021 $1 0.1 Condo A 1,200 0 2 1-1
Z 115 Scranton Avenue 9/2/1980 $275,000 0.1 Apartments 77,324 5.16 80 80-0
- 0 Morse Pond Road 3/19/1969 $0 0.1 0.68 0 0-0
- 64 Scranton Avenue 5/15/1995 $1,505,000 0.1 Office Build 1,568 1.15 0 0-0
- 797 Main Street 6/25/2021 $875,000 0.1 Store 1,831 0.43 0 0-1
Averages 6446 days $923,897 0.08 --- 7,414 0.58 --- ---  
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
47B05 004 000 703 Main Street