502 Main St Falmouth, MA 2540
Falmouth Village NeighborhoodEstimated Value: $1,361,925
--
Bed
2
Baths
1,189
Sq Ft
$1,145/Sq Ft
Est. Value
About This Home
This home is located at 502 Main St, Falmouth, MA 2540 and is currently estimated at $1,361,925, approximately $1,145 per square foot. 502 Main St is a home located in Barnstable County with nearby schools including Mullen-Hall School, Lawrence School, and Morse Pond School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 16, 2022
Sold by
Locke Falmouth Llc
Bought by
Colonial 502 Rt and Knute
Current Estimated Value
Purchase Details
Closed on
Apr 2, 2018
Sold by
502 Main Street Rt and Noonan
Bought by
Locke Falmouth Llc
Purchase Details
Closed on
Sep 15, 2009
Sold by
Community Bk
Bought by
502 Main Street Rt and Noonan
Purchase Details
Closed on
Aug 21, 2009
Sold by
Maghrabi Rt and Community Bk
Bought by
Community Bk
Purchase Details
Closed on
Aug 19, 2005
Sold by
Marken Rt and Rebello
Bought by
Maghrabi Rt and Maghrabi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.66%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Colonial 502 Rt | $1,100,000 | None Available | |
| Colonial 502 Rt | $1,100,000 | None Available | |
| Locke Falmouth Llc | -- | -- | |
| Locke Falmouth Llc | -- | -- | |
| 502 Main Street Rt | $543,750 | -- | |
| 502 Main Street Rt | $543,750 | -- | |
| Community Bk | $550,000 | -- | |
| Community Bk | $550,000 | -- | |
| Maghrabi Rt | $1,125,000 | -- | |
| Maghrabi Rt | $1,125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Maghrabi Rt | $495,000 | |
| Previous Owner | Maghrabi Rt | $346,500 | |
| Previous Owner | Maghrabi Rt | $140,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,085 | $1,036,600 | $543,800 | $492,800 |
| 2024 | $6,093 | $970,200 | $493,700 | $476,500 |
| 2023 | $6,056 | $875,100 | $429,300 | $445,800 |
| 2022 | $6,168 | $766,200 | $364,900 | $401,300 |
| 2021 | $6,280 | $738,800 | $347,700 | $391,100 |
| 2020 | $6,346 | $738,800 | $347,700 | $391,100 |
| 2019 | $6,251 | $730,200 | $347,700 | $382,500 |
| 2018 | $6,201 | $720,200 | $337,700 | $382,500 |
| 2017 | $5,904 | $692,100 | $329,100 | $363,000 |
| 2016 | $5,793 | $692,100 | $329,100 | $363,000 |
| 2015 | $5,668 | $692,100 | $329,100 | $363,000 |
| 2014 | $5,299 | $650,200 | $397,900 | $252,300 |
Source: Public Records
Map
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