40 Lowry Road, Falmouth, MA 02540

Owner Information
Owner 1
Michael E Martin
Owner 2
Joann S Martin
Owner's Address
40 Lowry Rd Falmouth, MA 02540
Market Sale Information
Most recent sale date
10/30/2015
Previous sale date
10/8/1982
Transfer document #
207820-
Previous transfer document
89858
Grantor
Maureen A Sullivan
Previous grantor
Most recent sale price
$529,271.00
Previous sale price
$35,000.00
Site Information
Property ID
47C 04 018 046
Lot Size
0.37
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Contemporary
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1989
Number of full baths
0
Condition
Average
Number of half baths
0
Finished Area
1540
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
Hot Water
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood on Shth
Assessment Information
Fiscal Year
2024
Land Value
$513,500.00
Total value
$914,800.00
Building value
$401,300.00
Estimated tax
$5,744.00
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 40 Lowry Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $343.68 Style Contemporary Age 1989 Rooms 6 Bedrooms 3 Full baths 0 Half baths 0 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.37 Roof Cover Asphalt AEM Value - Building $401,300.00 AEM Value - Land $513,500.00 AEM Value - Other $0.00 AEM Value - Total $914,800.00
A) 18 Pleasant View Avenue 0.3 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
B) 6 Lantern Lane 0.5 4/8/2024 $692,159 1,528 $452.98 Cape Cod 1950 7 4 1 0 Oil 0.29 Asphalt $294,700 $265,800 $0 $560,500
C) 14 Lantern Lane 0.6 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
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) 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 40 Lowry Road 10/30/2015 $529,271 0 Contemporary 1,540 0.37 3 0-0 -
  Criteria
A 18 Pleasant View Avenue 9/5/2024 $975,000 0.3 Cape Cod 1,284 0.22 3 1-1
B 6 Lantern Lane 4/8/2024 $692,159 0.5 Cape Cod 1,528 0.29 4 1-0
C 14 Lantern Lane 5/16/2024 $766,000 0.6 Cape Cod 1,638 0.44 2 2-0
D 38 Lucerne Avenue 5/6/2024 $270,000 0.8 Cape Cod 1,252 0.28 2 1-0
E 46 Pin Oak Way 8/1/2024 $1,100,000 1.0 Cape Cod 1,449 0.25 2 1-0
Averages 99 days $760,632 0.62 --- 1,430 0.3 --- ---  

Estimation of Market Value - $923,676

As of today, 09/19/2024, the estimated market value of 40 Lowry Road, Falmouth considering the above 5 comparable properties is $923,676.

 

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
@ 40 Lowry Road 10/30/2015 $529,271 0 Contemporary 1,540 0.37 3 0-0 -
  Criteria
A 68 Swing Lane 5/11/2015 $1 0.0 Contemporary 2,614 0.36 3 2-1
B 54 Lowry Road 7/8/2016 $542,500 0.0 Ranch 1,479 0.43 3 1-0
C 69 Swing Lane 1/27/2023 $100 0.0 Cape Cod 1,953 0.33 4 2-0
D 82 Robinson Road 11/16/2005 $571,500 0.0 Cape Cod 2,510 0.41 3 1-1
E 90 Swing Lane 6/4/1993 $100,000 0.0 Cape Cod 3,085 0.42 3 2-1
F 87 Robinson Road 5/3/2012 $401,700 0.0 Ranch 1,146 0.22 3 1-1
G 60 Swing Lane 2/24/2021 $10 0.0 Cape Cod 2,857 0.66 5 3-1
H 67 Swing Lane 12/30/2020 $1,200,000 0.0 Gambrel 3,401 0.36 5 3-0
I 14 Lowry Road 9/22/2016 $100 0.0 Cape Cod 1,428 0.26 4 1-0
J 56 Belvidere Road 9/30/1992 $0 0.0 Cape Cod 1,729 0.32 3 1-1
K 15 Lowry Road 3/27/2009 $100 0.1 Ranch 2,178 0.52 3 1-0
L 27 Richards Road 1/12/2015 $1,250,000 0.1 Colonial 3,770 0.43 3 3-1
M 66 Belvidere Road 2/24/2003 $0 0.1 Cape Cod 2,954 0.32 5 2-0
N 71 Robinson Road 10/28/2020 $619,500 0.1 Ranch 1,044 0.22 2 1-0
O 70 Robinson Road 7/12/2017 $10 0.1 Ranch 1,524 0.22 2 1-0
P 65 Swing Lane 3/1/2007 $100 0.1 Cape Cod 1,716 0.34 4 1-1
Q 65 Lowry Road 1/31/2023 $1,900,000 0.1 Colonial 3,829 0.22 4 3-1
R 32 Frances Avenue 5/15/2013 $1 0.1 Ranch 1,817 0.4 4 3-0
S 76 Belvidere Road 2/26/2020 $735,000 0.1 Gambrel 2,403 0.38 3 2-0
T 8 Lowry Road 2/20/2007 $740,000 0.1 Contemporary 2,714 0.23 4 1-1
U 287 Scranton Avenue 7/24/2017 $100 0.1 Colonial 1,664 0.18 4 2-1
V 291 Scranton Avenue 2/24/2022 $1,301,000 0.1 Cape Cod 1,798 0.07 3 2-1
W 14 Frances Avenue 6/13/2018 $650,000 0.1 Gambrel 5,784 0.66 5 1-1
X 34 Belvidere Road 3/17/2009 $100 0.1 Colonial 1,970 0.22 3 2-1
Y 0 Scranton Avenue 9/30/1993 $1,100,000 0.1 0.08 0 0-0
Z 65 Robinson Road 4/23/2012 $490,000 0.1 Cape Cod 1,414 0.22 4 2-0
- 295 Scranton Avenue 12/16/1988 $0 0.1 Contemporary 2,796 0.14 4 3-0
- 0 Scranton Avenue 9/30/1993 $1,100,000 0.1 0.08 0 0-0
- 33 Richards Road 6/28/2021 $767,500 0.1 Ranch 1,760 0.26 3 2-0
- 57 Swing Lane 7/25/2002 $0 0.1 0.32 0 0-0
- 60 Robinson Road 9/29/2011 $360,000 0.1 Ranch 864 0.25 2 1-0
- 301 Scranton Avenue 9/11/2023 $10 0.1 Contemporary 2,671 0.21 3 3-0
- 24 Belvidere Road 11/16/2004 $100 0.1 Ranch 778 0.22 2 1-0
- 253 Scranton Avenue 12/23/2020 $810,000 0.1 Ranch 1,896 0.25 3 2-0
- 55 Belvidere Road 10/28/1994 $180,000 0.1 Colonial 1,894 0.24 4 2-0
- 59 Robinson Road 1/20/2006 $535,000 0.1 Cape Cod 2,169 0.22 3 1-1
- 0 Swing Lane 3/23/2009 $1 0.1 0.51 0 0-0
- 65 Belvidere Road 7/31/2013 $1 0.1 Cape Cod 2,788 0.39 3 2-1
- 41 Belvidere Road 1/12/2007 $1 0.1 Cape Cod 2,615 0.36 3 2-0
- 45 Swing Lane 7/25/2002 $1,540,000 0.1 Colonial 3,168 0.29 5 3-1
- 305 Scranton Avenue 12/11/2018 $977,000 0.1 Colonial 2,063 0.22 4 1-0
- 20 Richards Road 12/16/2009 $850,000 0.1 Colonial 2,612 0.74 5 2-2
- 251 Scranton Avenue 4/10/2013 $530,000 0.1 Contemporary 2,016 0.23 3 2-1
- 52 Robinson Road 6/8/2015 $365,000 0.1 Ranch 1,058 0.31 3 1-0
- 77 Belvidere Road 6/3/2022 $1 0.1 Cape Cod 1,828 0.39 4 2-1
- 14 Belvidere Road 3/16/2017 $1,138,500 0.1 Custom 2,558 0.22 4 1-1
- 29 Belvidere Road 8/10/2007 $480,000 0.1 Ranch 1,256 0.35 2 2-0
- 39 Frances Avenue 11/13/2020 $10 0.1 Cape Cod 1,810 0.51 3 2-0
- 278 Scranton Avenue 9/30/1993 $1,100,000 0.1 Office/Whse 40,200 1.95 0 0-0
- 15 Frances Avenue 4/15/2022 $1,950,000 0.1 Gambrel 3,698 0.38 4 4-0
- 45 Robinson Road 12/20/2022 $10 0.1 Ranch 1,509 0.22 3 2-0
- 0 Frances Avenue 11/5/2018 $407,500 0.1 0.55 0 0-0
- 36 Richards Road 1/31/2024 $2,075,000 0.1 Cape Cod 1,814 0.4 3 2-1
- 0 Swing Lane 7/25/2002 $1,540,000 0.1 0.22 0 0-0
- 89 Belvidere Road 1/29/1998 $0 0.1 Contemporary 3,128 0.39 3 2-0
- 20 Gerloff Road 9/27/2023 $945,000 0.1 Cape Cod 1,885 0.26 3 2-0
- 17 Belvidere Road 10/25/2023 $100 0.1 Ranch 1,022 0.33 3 1-0
- 0 Gerloff Road 5/23/2008 $10 0.1 0.03 0 0-0
- 0 Scranton Avenue 7/25/2002 $1,540,000 0.1 0.31 0 0-0
- 4 Belvidere Road 6/3/2021 $100 0.1 Cape Cod 1,813 0.22 3 2-0
- 12 Gerloff Road 7/27/2023 $1,059,000 0.1 Cape Cod 2,094 0.26 4 2-1
- 0 Swing Lane 7/25/2002 $1,540,000 0.1 0.22 0 0-0
- 42 Robinson Road 3/27/2015 $365,000 0.1 Ranch 1,200 0.18 2 1-0
- 38 Robinson Road 3/25/2016 $355,000 0.1 Ranch 848 0.17 2 1-0
- 306 Scranton Avenue 1/22/2008 $7,000,000 0.1 Custom 6,350 1.21 6 3-1
- 0 Frances Avenue 4/15/2022 $400,000 0.1 0.35 0 0-0
- 8 Gerloff Road 11/25/2019 $555,000 0.1 Ranch 1,348 0.27 3 0-0
- 26 Gerloff Road 1/25/2017 $1,739,500 0.1 Cape Cod 4,706 1.12 5 2-2
- 91 Fairview Avenue 7/15/2015 $500,000 0.1 Cape Cod 1,662 0.3 3 2-0
- 25 Swing Lane 6/17/1977 $0 0.1 Cape Cod 2,244 0.3 5 2-0
- 99 Belvidere Road 11/21/2016 $486,525 0.1 Cape Cod 5,051 0.54 4 3-1
Averages 4643 days $630,883 0.08 --- 2,506 0.36 --- ---  
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
47C04 018 046 40 Lowry Road