NOT LISTED FOR SALE

Estimated Value: $1,098,000 - $1,343,512

4 Beds
3 Baths
1,862 Sq Ft
$664/Sq Ft Est. Value

Last Sold November 17, 2014

Last sale price $402,500 $216 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $7,003/month

13 Days on Market

Highlights

  • Property is near a marina
  • Medical Services
  • Tennis Courts
  • Morse Pond School Rated A-
  • No HOA
  • 5-minute walk to Village Science Playground

About This Home

As of November 2014

Investors will appreciate this three unit building with strong income and in excellent condition. Freshly painted exterior, separate gas furnaces and hot water heaters, full basement, and off street parking. New appliances in 2-bedroom unit and freshly painted. Walk to Surf Drive public beach and to Falmouth's village shops, dining destinations and library. Property is within Falmouth Historic District, and not in a flood zone. Great investment opportunity!! Owner/broker.

Last Agent to Sell the Property

Barbara Bonica

Real Estate Associates Listed on: 10/01/2014

Last Buyer's Agent

Jan Youlden

Kinlin Grover Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • 1,862 Sq Ft Home
  • Stone Foundation
  • Asphalt Roof
  • Shingle Siding

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Property is near a marina
  • Porch

Location

  • Property is near place of worship
  • Property is near shops

Utilities

  • Water Heater

Listing and Financial Details

  • Total Actual Rent $2,775
  • The owner pays for trash collection, water, grounds care, snow removal
  • Assessor Parcel Number 47B01007000

Community Details

Recreation

  • Tennis Courts
  • Bike Trail

Additional Features

  • No Home Owners Association
  • Medical Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,659

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Has Basement: Bulkhead Access, Interior Entry, Full
  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Water Body Name: Vineyard Sound
  • Directions: Main Street to Shore Street to #50 on left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Interior Amenities: HU Cable TV
  • Owner Pays: Trash Collection, Water, Grounds Care, Snow Removal
  • Fireplace: No

Exterior Features

  • Lot Features: Bike Path, School, Medical Facility, House of Worship, Shopping, Public Tennis, Marina, In Town Location, Cleared, Level, South of Route 28
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Property Condition: Approximate
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Off Street, Paved

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Falmouth

Lot Info

  • Zoning: Gr
  • Lot Size Sq Ft: 11021
  • Parcel #: 47B01007000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1920

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3659
  • Tax Book Number: 26701

Multi Family

  • Total Actual Rent: 2775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
Kingfisher Properties Llc
Bought by
Nelson Kristen C
Current Estimated Value
$1,235,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Outstanding Balance
$861,816
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$373,812

Purchase Details

Listed on
Oct 1, 2014
Closed on
Nov 17, 2014
Sold by
Fab Rt and Bonica
Bought by
Kingfisher Properties
Seller's Agent
Barbara Bonica
Real Estate Associates
Buyer's Agent
Jan Youlden
Kinlin Grover Real Estate
List Price
$449,000
Sold Price
$402,500
Premium/Discount to List
-$46,500
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Jan 7, 2013
Sold by
Bonica Felice A and Bonica Barbara G
Bought by
Fab Rt and Bonica

Purchase Details

Closed on
Jan 11, 1999
Sold by
Bertha M Woodward T M and Bertha Woodward
Bought by
Bonica Barbara G and Bonica Felice A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nelson Kristen C $1,250,000 None Available
Nelson Kristen C $1,250,000 None Available
Nelson Kristen C $1,250,000 None Available
Kingfisher Properties $402,500 --
Kingfisher Properties $402,500 --
Fab Rt -- --
Fab Rt -- --
Bonica Barbara G $175,000 --
Bonica Barbara G $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Kristen C $875,000
Closed Nelson Kristen C $875,000
Previous Owner Bonica Barbara G $190,000
Previous Owner Bonica Barbara G $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2014 11/17/14 Sold $402,500 -10.4% $216 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $449,000 -- $241 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,119 $872,000 $464,300 $407,700
2024 $4,724 $752,200 $403,000 $349,200
2023 $4,051 $585,400 $335,900 $249,500
2022 $4,279 $531,500 $286,400 $245,100
2021 $4,389 $516,300 $286,400 $229,900
2020 $4,211 $490,200 $260,300 $229,900
2019 $4,131 $482,600 $260,300 $222,300
2018 $3,970 $456,200 $260,300 $195,900
2017 $3,822 $448,100 $260,300 $187,800
2016 $3,751 $448,100 $260,300 $187,800
2015 $3,670 $448,100 $260,300 $187,800
2014 $3,707 $454,800 $260,400 $194,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21409846

Cape Cod & Islands Association of REALTORS®

APN: FALM-000047B-000001-000007