408 Elm Road, Falmouth, MA 02540

408 Elm Road Falmouth MA 02540
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Owner Information
Owner 1
Timothy G Marken
Owner 2
Erica L Marken
Owner's Address
50 Putnam St Newton, MA 02465
Market Sale Information
Most recent sale date
12/10/2014
Previous sale date
12/29/1983
Transfer document #
205162-
Previous transfer document
94861
Grantor
Duncan P Aspinwall
Previous grantor
Falmouth Associates Inc
Most recent sale price
$1,065,525.00
Previous sale price
$88,000.00
Site Information
Property ID
48 14 037 241
Lot Size
1.75
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
6
Stories
Number of Beds
3
Year Built
1986
Number of full baths
3
Condition
Average
Number of half baths
1
Finished Area
3127
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
$953,000.00
Total value
$1,893,200.00
Building value
$940,200.00
Estimated tax
$11,889.00
Yard improvement value
$0.00
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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 408 Elm Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $340.75 Style Cape Cod Age 1986 Rooms 6 Bedrooms 3 Full baths 3 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 1.75 Roof Cover Asphalt AEM Value - Building $940,200.00 AEM Value - Land $953,000.00 AEM Value - Other $0.00 AEM Value - Total $1,893,200.00
A) 75 Bywater Court 0.6 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
B) 16 Emmons Road 0.7 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
C) 62 Bywater Court 0.7 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) 346 Walker Street 0.8 4/24/2024 $1,650,000 3,552 $464.53 Cape Cod 1938 8 5 4 0 Gas 0.41 WoodShingle $825,300 $740,700 $2,100 $1,568,100
E) 300 Shore Street 1.0 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
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 408 Elm Road 12/10/2014 $1,065,525 0 Cape Cod 3,127 1.75 3 3-1 -
  Criteria
A 75 Bywater Court 5/30/2024 $2,425,000 0.6 Contemporary 2,384 0.18 4 2-1
B 16 Emmons Road 6/7/2024 $1,255,000 0.7 Cape Cod 2,524 0.37 4 2-0
C 62 Bywater Court 8/30/2024 $2,100,000 0.7 Contemporary 2,875 0.19 4 4-0
D 346 Walker Street 4/24/2024 $1,650,000 0.8 Cape Cod 3,552 0.41 5 4-0
E 300 Shore Street 6/20/2024 $1,640,000 1.0 Colonial 3,116 0.24 5 1-2
Averages 96 days $1,814,000 0.76 --- 2,890 0.28 --- ---  

Estimation of Market Value - $2,265,956

As of today, 09/19/2024, the estimated market value of 408 Elm Road, Falmouth considering the above 5 comparable properties is $2,265,956.

 

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
@ 408 Elm Road 12/10/2014 $1,065,525 0 Cape Cod 3,127 1.75 3 3-1 -
  Criteria
A 434 Elm Road 4/17/2014 $1 0.0 Contemporary 3,426 0.96 3 3-1
B 380 Elm Road 10/29/2009 $1 0.0 Cape Cod 4,113 1.02 4 3-1
C 411 Elm Road 10/25/2006 $100 0.1 Cape Cod 2,367 0.33 4 3-0
D 0 Elm Road 4/16/2010 $100 0.1 0.46 0 0-0
E 405 Elm Road 4/16/2010 $100 0.1 Cape Cod 2,003 0.46 5 2-0
F 362 Elm Road 6/17/2021 $100 0.1 Colonial 2,128 0.55 4 2-1
G 0 Nonquit Road 4/12/2018 $1 0.1 1.38 0 0-0
H 0 Nonquit Road 4/12/2018 $1 0.1 0.46 0 0-0
I 115 Quonset Road 7/31/2008 $1,200,000 0.1 Cape Cod 3,534 0.62 5 4-0
J 0 Quonset Road 5/7/2018 $1 0.1 0.55 0 0-0
K 22 Quonset Road 1/18/1980 $30,000 0.1 Ranch 1,353 0.53 3 2-0
L 350 Elm Road 4/29/2019 $1 0.1 Colonial 3,064 0.72 4 3-1
M 441 Elm Road 10/21/2013 $1,515,000 0.1 Cape Cod 5,401 0.73 4 3-2
N 11 Quonset Road 9/12/2023 $10 0.1 Cape Cod 2,352 0.46 5 2-1
O 91 Quonset Road 11/14/2011 $100 0.1 Cape Cod 1,985 0.53 5 2-0
P 0 Wiscasset Road 9/23/1986 $0 0.1 0.46 0 0-0
Q 0 Nonquit Road 12/21/1978 $0 0.1 0.46 0 0-0
R 338 Elm Road 1/9/2018 $100 0.1 Colonial 2,786 0.56 4 2-1
S 0 Wiscasset Road 9/23/1986 $0 0.1 0.46 0 0-0
T 0 Wiscasset Road 9/23/1986 $0 0.1 0.46 0 0-0
U 0 Wiscasset Road 9/23/1986 $0 0.1 0.46 0 0-0
V 0 Wiscasset Road 9/23/1986 $0 0.1 0.51 0 0-0
W 457 Elm Road 7/14/1980 $150,000 0.1 Cape Cod 2,945 0.39 5 2-1
X 359 Elm Road 4/22/1994 $373,000 0.1 Cape Cod 3,047 1.24 5 3-0
Y 21 Quonset Road 3/28/1958 $0 0.1 Cape Cod 2,417 0.94 5 3-0
Z 328 Elm Road 12/22/2022 $1,750,000 0.1 Cape Cod 2,504 0.56 5 3-1
- 0 Agawan Road 9/23/1986 $0 0.1 0.35 0 0-0
- 40 Nonquit Road 1/1/1900 $0 0.1 Club, Lounge 1,948 5.64 0 0-2
- 0 Elm Road 12/21/1978 $0 0.1 0.38 0 0-0
- 0 Wiscasset Road 9/23/1986 $0 0.1 0.4 0 0-0
- 63 Quonset Road 4/4/2012 $925,000 0.1 Cape Cod 2,905 0.34 4 3-1
- 53 Quonset Road 11/1/2012 $1,225,000 0.1 Custom 4,708 0.39 5 2-1
Averages 9607 days $224,019 0.09 --- 1,718 0.74 --- ---  
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 14 037 241 408 Elm Road