NOT LISTED FOR SALE

Estimated Value: $692,000 - $855,000

4 Beds
2 Baths
1,365 Sq Ft
$539/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $322,500 $236 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $4,217/month

15 Days on Market

Highlights

  • Medical Services
  • Colonial Architecture
  • No HOA
  • Morse Pond School Rated A-
  • Wood Flooring
  • 3-minute walk to Village Science Playground

About This Home

As of May 2014

Location, location, location! In the heart of Downtown Falmouth, right behind Main St, this 2 family home is a fantastic opportunity to own a home in Downtown Falmouth. Steps to shops, fine dining, Falmouth Harbor, Surf Drive Beach, Fireworks, Village Green & Farmers Market. Each unit has 2 bedrooms with private driveways for plenty of parking. Economical gas heat. Large kitchens. Current total income is $2,100 monthly but easily could be $2,400 +. You could live in one unit and use the rental income from the other unit, or convert to a single family home. Perfect for investors, first time home buyers, snow bunnies or anyone that is looking for a presence in heart of downtown Falmouth!

Last Agent to Sell the Property

Marilyn Osborne

Real Estate Associates Listed on: 04/15/2014

Last Buyer's Agent

Katherine Collette

Ermine Lovell Real Estate, LLC License #9552880

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,320

Year Built

  • Built in 1940

Lot Details

  • 5,314 Sq Ft Lot
  • Street terminates at a dead end

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,365 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Location

  • Property is near shops

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 38A08100000

Community Details

Recreation

  • Bike Trail

Additional Features

  • No Home Owners Association
  • Medical Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,320

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Has Basement: Bulkhead Access, Full
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Frontage Type: Dead End Street
  • Road Surface Type: Paved
  • Directions: Main St to Haddon Ave. House is directly across from the Mullen Hall school.
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 4
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Other, Wood

Exterior Features

  • Lot Features: Bike Path, Medical Facility, Major Highway, Shopping
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl/Aluminum
  • Foundation Details: Concrete Perimeter
  • Property Condition: Approximate
  • Roof: Asphalt

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street, Stone/Gravel

Utilities

  • Heating: Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RC
  • Lot Size Sq Ft: 5314
  • Parcel #: 38A08100000
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1940

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2320
  • Tax Book Number: 11504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 1998
Sold by
Mci Rt and Innis
Bought by
Osborne John F
Current Estimated Value
$725,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,650
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Osborne John F $118,500 --
Osborne John F $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Michael D $350,000
Closed Ryan Michael D $325,000
Closed Ryan Michael D $306,375
Closed Osborne John F $106,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $322,500 -0.8% $236 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $325,000 -- $238 / 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 $3,506 $597,300 $234,100 $363,200
2024 $3,377 $537,800 $209,000 $328,800
2023 $3,040 $439,300 $167,200 $272,100
2022 $3,287 $408,300 $145,200 $263,100
2021 $3,269 $384,600 $138,900 $245,700
2020 $3,195 $371,900 $126,200 $245,700
2019 $2,904 $339,300 $126,200 $213,100
2018 $2,736 $318,100 $126,200 $191,900
2017 $2,615 $306,600 $126,200 $180,400
2016 $2,441 $291,600 $126,200 $165,400
2015 $2,314 $282,600 $126,200 $156,400
2014 $2,292 $281,200 $130,200 $151,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21403194

Cape Cod & Islands Association of REALTORS®

APN: FALM-000038A-000008-000100