55 Racing Beach Avenue, Falmouth, MA 02540

55 Racing Beach Avenue Falmouth MA 02540
Owner Information
Owner 1
Andrew Richard Chused
Owner 2
Chused Samanatha Barrie
Owner's Address
347 Waban Ave Newton, MA 02468
Market Sale Information
Most recent sale date
7/27/2021
Previous sale date
7/17/2020
Transfer document #
227046-
Previous transfer document
223048
Grantor
David P Sferrazza
Previous grantor
Olivia M Craven
Most recent sale price
$3,495,000.00
Previous sale price
$1,389,500.00
Site Information
Property ID
48 04 009 007A
Lot Size
0.92
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Gambrel
Number of Rooms
6
Stories
Number of Beds
4
Year Built
1969
Number of full baths
4
Condition
Average
Number of half baths
1
Finished Area
2796
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Plaster
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gambrel
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
$2,160,000.00
Total value
$3,549,200.00
Building value
$1,389,200.00
Estimated tax
$22,288.00
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 55 Racing Beach Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $1,250.00 Style Gambrel Age 1969 Rooms 6 Bedrooms 4 Full baths 4 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.92 Roof Cover Asphalt AEM Value - Building $1,389,200.00 AEM Value - Land $2,160,000.00 AEM Value - Other $0.00 AEM Value - Total $3,549,200.00
A) 163 Racing Beach Avenue 0.4 6/14/2024 $1,540,000 2,223 $692.76 Ranch 1996 6 3 2 0 Gas 0.59 Asphalt $612,200 $692,200 $6,100 $1,310,500
B) 5 Cumloden Drive 1.0 3/29/2024 $1,075,000 2,334 $460.58 Ranch 1973 7 4 2 1 Gas 0.94 Asphalt $443,700 $373,200 $0 $816,900
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 55 Racing Beach Avenue 7/27/2021 $3,495,000 0 Gambrel 2,796 0.92 4 4-1 -
  Criteria
A 163 Racing Beach Avenue 6/14/2024 $1,540,000 0.4 Ranch 2,223 0.59 3 2-0
B 5 Cumloden Drive 3/29/2024 $1,075,000 1.0 Ranch 2,334 0.94 4 2-1
Averages 137 days $1,307,500 0.67 --- 2,279 0.76 --- ---  

Estimation of Market Value - $2,983,570

As of today, 09/20/2024, the estimated market value of 55 Racing Beach Avenue, Falmouth considering the above 2 comparable properties is $2,983,570.

 

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
@ 55 Racing Beach Avenue 7/27/2021 $3,495,000 0 Gambrel 2,796 0.92 4 4-1 -
  Criteria
A 0 Racing Beach Avenue 4/12/2018 $1 0.0 0.46 0 0-0
B 63 Racing Beach Avenue 10/23/2015 $1,325,000 0.0 Cape Cod 2,609 0.46 3 1-0
C 38 Dusty Miller Road 5/22/2019 $1,665,000 0.0 Contemporary 4,126 1.04 4 3-1
D 51 Racing Beach Avenue 4/12/2018 $1 0.0 0.46 0 0-0
E 0 Dusty Miller Road 5/22/2019 $35,000 0.0 0.35 0 0-0
F 30 Dusty Miller Road 5/2/2018 $585,000 0.1 Conventional 3,521 1.14 3 2-1
G 47 Racing Beach Avenue 4/12/2018 $1 0.1 0.46 0 0-0
H 22 Dusty Miller Road 6/10/2022 $1 0.1 Custom 6,633 1.71 8 5-2
I 39 Dusty Miller Road 1/1/1969 $0 0.1 Cape Cod 2,694 1.16 5 3-0
J 35 Racing Beach Avenue 2/22/2016 $1 0.1 Cape Cod 4,633 0.89 5 3-1
K 35 Dusty Miller Road 10/29/1996 $0 0.1 Contemporary 2,592 0.9 3 3-0
L 0 Racing Beach Avenue 1/5/1990 $310,000 0.1 1.41 0 0-0
M 0 Racing Beach Avenue 2/28/2018 $335,000 0.1 0.68 0 0-0
N 18 Dusty Miller Road 7/29/2021 $1,410,000 0.1 Custom 5,766 0.57 4 4-4
O 27 Dusty Miller Road 1/21/2004 $100 0.1 Cape Cod 2,960 1.47 4 3-0
P 27 Racing Beach Avenue 2/28/2018 $965,000 0.1 Custom 5,328 1 6 0-1
Q 0 Racing Beach Avenue 1/5/1990 $310,000 0.1 0.46 0 0-0
Averages 5288 days $408,241 0.08 --- 2,404 0.86 --- ---  
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
48 04 009 007A 55 Racing Beach Avenue