338 Elm Road, Falmouth, MA 02540

Owner Information
Owner 1
Judith Smith Sbarra
Owner 2
Owner's Address
338 Elm Rd Falmouth, MA 02540-2415
Market Sale Information
Most recent sale date
1/9/2018
Previous sale date
5/15/1980
Transfer document #
215134-
Previous transfer document
81743
Grantor
Thomas Sbarra
Previous grantor
Most recent sale price
$100.00
Previous sale price
$125,000.00
Site Information
Property ID
48 14 058 153
Lot Size
0.56
Use Code
101 - Residential, single family
Zoning
RB
Building Style
Colonial
Number of Rooms
7
Stories
Number of Beds
4
Year Built
1940
Number of full baths
2
Condition
Average
Number of half baths
1
Finished Area
2786
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
Gable/Hip
Heating type
Hot Water
Roof Cover
Asphalt
Heating fuel
Oil
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$881,700.00
Total value
$1,631,800.00
Building value
$742,200.00
Estimated tax
$10,247.00
Yard improvement value
$7,900.00
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 338 Elm Road Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.04 Style Colonial Age 1940 Rooms 7 Bedrooms 4 Full baths 2 Half baths 1 Gross Living Area Heating Fuel Oil Detached Garage Lot Size 0.56 Roof Cover Asphalt AEM Value - Building $742,200.00 AEM Value - Land $881,700.00 AEM Value - Other $7,900.00 AEM Value - Total $1,631,800.00
A) 5 Cumloden Drive 0.4 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
B) 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
C) 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
D) 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
E) 170 Siders Pond Road 0.7 6/14/2024 $1,455,000 2,232 $651.88 Cape Cod 1940 7 4 2 1 Gas 0.3 Asphalt $435,300 $442,800 $6,000 $884,100
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 338 Elm Road 1/9/2018 $100 0 Colonial 2,786 0.56 4 2-1 -
  Criteria
A 5 Cumloden Drive 3/29/2024 $1,075,000 0.4 Ranch 2,334 0.94 4 2-1
B 16 Emmons Road 6/7/2024 $1,255,000 0.6 Cape Cod 2,524 0.37 4 2-0
C 75 Bywater Court 5/30/2024 $2,425,000 0.6 Contemporary 2,384 0.18 4 2-1
D 62 Bywater Court 8/30/2024 $2,100,000 0.7 Contemporary 2,875 0.19 4 4-0
E 170 Siders Pond Road 6/14/2024 $1,455,000 0.7 Cape Cod 2,232 0.3 4 2-1
Averages 102 days $1,662,000 0.62 --- 2,470 0.4 --- ---  

Estimation of Market Value - $2,154,495

As of today, 09/19/2024, the estimated market value of 338 Elm Road, Falmouth considering the above 5 comparable properties is $2,154,495.

 

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
@ 338 Elm Road 1/9/2018 $100 0 Colonial 2,786 0.56 4 2-1 -
  Criteria
A 328 Elm Road 12/22/2022 $1,750,000 0.0 Cape Cod 2,504 0.56 5 3-1
B 350 Elm Road 4/29/2019 $1 0.0 Colonial 3,064 0.72 4 3-1
C 318 Elm Road 2/7/2012 $1,750,000 0.0 Cape Cod 3,258 0.61 4 3-1
D 362 Elm Road 6/17/2021 $100 0.0 Colonial 2,128 0.55 4 2-1
E 308 Elm Road 1/4/2019 $692,000 0.1 Cape Cod 2,824 0.59 5 3-0
F 200 Moorland Road 12/15/2010 $1,086,000 0.1 Colonial 3,157 0.71 4 1-3
G 380 Elm Road 10/29/2009 $1 0.1 Cape Cod 4,113 1.02 4 3-1
H 225 Moorland Road 8/29/2024 $1,775,000 0.1 Ranch 1,991 1.48 4 2-1
I 300 Elm Road 8/15/2017 $100 0.1 Gambrel 2,912 0.55 4 3-1
J 359 Elm Road 4/22/1994 $373,000 0.1 Cape Cod 3,047 1.24 5 3-0
K 0 Nonquit Road 1/1/1900 $0 0.1 6.75 0 0-0
L 190 Moorland Road 4/12/2021 $2,050,000 0.1 Conventional 3,216 0.5 4 2-2
M 288 Elm Road 5/29/2008 $350,000 0.1 Colonial 2,018 0.53 3 2-1
N 11 Quonset Road 9/12/2023 $10 0.1 Cape Cod 2,352 0.46 5 2-1
O 405 Elm Road 4/16/2010 $100 0.1 Cape Cod 2,003 0.46 5 2-0
P 183 Moorland Road 8/29/2014 $2,025,000 0.1 Conventional 5,170 1.07 5 5-4
Q 408 Elm Road 12/10/2014 $1,065,525 0.1 Cape Cod 3,127 1.75 3 3-1
R 186 Moorland Road 8/31/2011 $1,000,000 0.1 Conventional 5,389 0.83 5 5-2
S 278 Elm Road 3/9/2001 $0 0.1 Cape Cod 4,179 0.5 5 3-0
T 40 Nonquit Road 1/1/1900 $0 0.1 Club, Lounge 1,948 5.64 0 0-2
U 0 Elm Road 4/16/2010 $100 0.1 0.46 0 0-0
V 21 Quonset Road 3/28/1958 $0 0.1 Cape Cod 2,417 0.94 5 3-0
W 25 Pontiac Lane 10/15/2021 $1 0.1 Ranch 1,661 0.73 3 2-0
X 22 Quonset Road 1/18/1980 $30,000 0.1 Ranch 1,353 0.53 3 2-0
Y 101 Cumloden Drive 7/17/2019 $1 0.1 Contemporary 2,255 0.92 3 3-0
Z 268 Elm Road 8/14/2019 $1,100,000 0.1 Cape Cod 2,758 0.48 3 1-1
Averages 8075 days $578,728 0.08 --- 2,648 1.18 --- ---  
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 14 058 153 338 Elm Road