318 Elm Road, Falmouth, MA 02540

Owner Information
Owner 1
Stephen H Ogilvy Jr
Owner 2
Janet Ogilvy
Owner's Address
318 Elm Rd Falmouth, MA 02540
Market Sale Information
Most recent sale date
2/7/2012
Previous sale date
9/6/2000
Transfer document #
196294-
Previous transfer document
158945
Grantor
Patrick D Burke
Previous grantor
Edward Dewitt
Most recent sale price
$1,750,000.00
Previous sale price
$715,000.00
Site Information
Property ID
48 14 056 155
Lot Size
0.61
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Cape Cod
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1920
Number of full baths
3
Condition
Average
Number of half baths
1
Finished Area
3258
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
WoodShingle
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$899,600.00
Total value
$2,210,800.00
Building value
$1,298,700.00
Estimated tax
$13,883.00
Yard improvement value
$12,500.00
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 318 Elm Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $537.14 Style Cape Cod Age 1920 Rooms 7 Bedrooms 4 Full baths 3 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.61 Roof Cover WoodShingle AEM Value - Building $1,298,700.00 AEM Value - Land $899,600.00 AEM Value - Other $12,500.00 AEM Value - Total $2,210,800.00
A) 16 Emmons Road 0.6 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
B) 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
C) 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
D) 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
@ 318 Elm Road 2/7/2012 $1,750,000 0 Cape Cod 3,258 0.61 4 3-1 -
  Criteria
A 16 Emmons Road 6/7/2024 $1,255,000 0.6 Cape Cod 2,524 0.37 4 2-0
B 62 Bywater Court 8/30/2024 $2,100,000 0.7 Contemporary 2,875 0.19 4 4-0
C 346 Walker Street 4/24/2024 $1,650,000 0.8 Cape Cod 3,552 0.41 5 4-0
D 300 Shore Street 6/20/2024 $1,640,000 1.0 Colonial 3,116 0.24 5 1-2
Averages 91 days $1,661,250 0.77 --- 3,017 0.3 --- ---  

Estimation of Market Value - $2,358,411

As of today, 09/19/2024, the estimated market value of 318 Elm Road, Falmouth considering the above 4 comparable properties is $2,358,411.

 

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
@ 318 Elm Road 2/7/2012 $1,750,000 0 Cape Cod 3,258 0.61 4 3-1 -
  Criteria
A 328 Elm Road 12/22/2022 $1,750,000 0.0 Cape Cod 2,504 0.56 5 3-1
B 308 Elm Road 1/4/2019 $692,000 0.0 Cape Cod 2,824 0.59 5 3-0
C 338 Elm Road 1/9/2018 $100 0.0 Colonial 2,786 0.56 4 2-1
D 300 Elm Road 8/15/2017 $100 0.0 Gambrel 2,912 0.55 4 3-1
E 200 Moorland Road 12/15/2010 $1,086,000 0.0 Colonial 3,157 0.71 4 1-3
F 350 Elm Road 4/29/2019 $1 0.0 Colonial 3,064 0.72 4 3-1
G 0 Nonquit Road 1/1/1900 $0 0.1 6.75 0 0-0
H 288 Elm Road 5/29/2008 $350,000 0.1 Colonial 2,018 0.53 3 2-1
I 190 Moorland Road 4/12/2021 $2,050,000 0.1 Conventional 3,216 0.5 4 2-2
J 362 Elm Road 6/17/2021 $100 0.1 Colonial 2,128 0.55 4 2-1
K 278 Elm Road 3/9/2001 $0 0.1 Cape Cod 4,179 0.5 5 3-0
L 186 Moorland Road 8/31/2011 $1,000,000 0.1 Conventional 5,389 0.83 5 5-2
M 225 Moorland Road 8/29/2024 $1,775,000 0.1 Ranch 1,991 1.48 4 2-1
N 183 Moorland Road 8/29/2014 $2,025,000 0.1 Conventional 5,170 1.07 5 5-4
O 268 Elm Road 8/14/2019 $1,100,000 0.1 Cape Cod 2,758 0.48 3 1-1
P 25 Pontiac Lane 10/15/2021 $1 0.1 Ranch 1,661 0.73 3 2-0
Q 380 Elm Road 10/29/2009 $1 0.1 Cape Cod 4,113 1.02 4 3-1
R 359 Elm Road 4/22/1994 $373,000 0.1 Cape Cod 3,047 1.24 5 3-0
S 40 Nonquit Road 1/1/1900 $0 0.1 Club, Lounge 1,948 5.64 0 0-2
T 35 Pontiac Lane 5/12/1978 $85,500 0.1 Conventional 2,057 0.65 5 3-1
U 11 Quonset Road 9/12/2023 $10 0.1 Cape Cod 2,352 0.46 5 2-1
V 152 Moorland Road 6/14/2019 $100 0.1 Conventional 5,223 1.23 5 5-0
Averages 7729 days $558,496 0.07 --- 2,932 1.24 --- ---  
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 14 056 155 318 Elm Road