NOT LISTED FOR SALE

78 Rainbow Ave East Falmouth, MA 02536

Estimated Value: $597,000 - $659,000

4 Beds
2 Baths
1,368 Sq Ft
$461/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $537,000 $393 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,691/month

3 Days on Market

Highlights

  • Property is near a marina
  • Medical Services
  • Deck
  • Morse Pond School Rated A-
  • Cape Cod Architecture
  • Main Floor Primary Bedroom

About This Home

As of July 2022

Immaculately maintained 4BR/2BA Cape in a well established year round neighborhood. Convenient to Mashpee commons and some of the best beaches on Cape Cod! First level features open concept living and dining areas with fireplace and Vermont Castings wood stove. A galley kitchen, full bath and 2 bedrooms complete the first floor. Upstairs you will find 2 more bedrooms with ample closet space, plenty of storage and another full bath. The heated partially finished basement consists of a playroom, washer and dryer (include in sale), a new oil tank and more dry storage. Many extras including an outdoor shower, mahogany deck, tented cement pad for boat, a lofted storage shed and 30 amp RV/boat electric supply. All encompassed by beautiful established perennial gardens and parking for 4 plus cars. Pride of ownership shines through and through. Passing Title V in hand!

Last Agent to Sell the Property

Joyce Thames

Shutters Real Estate Group, LLC License #9557250 Listed on: 06/05/2022

Last Buyer's Agent

Laurie-Ann Webster

Today Real Estate License #9563666

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 1985

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Garden
  • Property is zoned AGA

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Pitched Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Interior Basement Entry

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property is near a marina
  • Deck
  • Outbuilding

Location

  • Property is near place of worship
  • Property is near shops
  • Property is near a golf course

Utilities

  • No Cooling
  • Hot Water Heating System
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 18 03 009 191

Community Details

Recreation

  • Bike Trail

Additional Features

  • No Home Owners Association
  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,195

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Has Basement: Bulkhead Access, Interior Entry
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Road Frontage Type: Public
  • Directions: Old Barnstable rd to Ashton, left on Rainbow property is on the left.
  • Architectural Style: Cape
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Washer, Refrigerator, Dryer - Electric, Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Main Level Bathrooms: 1
  • Room Bedroom3 Features: Bedroom 3
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Bedroom 4
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Bedroom 2

Exterior Features

  • Exterior Features: Outdoor Shower, Garden
  • Lot Features: Bike Path, School, Shopping, Major Highway, Medical Facility, Marina, House of Worship, Near Golf Course, Level, North of Route 28
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Poured
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Property Condition: Actual
  • Roof: Asphalt, Pitched

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Hot Water
  • Laundry Features: Electric Dryer Hookup, In Basement
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Falmouth

Lot Info

  • Zoning: AGA
  • Land Lease: No
  • Lot Size Sq Ft: 15246
  • Parcel #: 18 03 009 191
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1985

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2195
  • Tax Book Number: 17308-107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 1992
Sold by
Carroll Margaret A and Grubis Jean M
Bought by
Bancroft Mark A
Current Estimated Value
$630,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bancroft Mark A $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruno Gary M $505,400
Closed Bancroft Mark A $220,000
Closed Bancroft Fatima M $132,000
Closed Bancroft Mark A $200,000
Closed Bancroft Fatima M $150,000
Closed Bancroft Fatima M $107,000
Closed Bancroft Mark A $130,000
Closed Bancroft Mark A $84,000
Closed Bancroft Mark A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $537,000 +2.3% $393 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $525,000 -- $384 / 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
2024 $3,131 $498,500 $149,000 $349,500
2023 $3,059 $442,100 $149,000 $293,100
2022 $2,299 $285,600 $93,800 $191,800
2021 $2,196 $258,300 $89,700 $168,600
2020 $2,148 $250,100 $81,500 $168,600
2019 $2,106 $246,000 $81,500 $164,500
2018 $2,098 $233,900 $81,500 $152,400
2017 $1,955 $229,200 $81,500 $147,700
2016 $1,864 $222,700 $81,500 $141,200
2015 $1,824 $222,700 $81,500 $141,200
2014 $1,840 $225,800 $85,700 $140,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22202936

Cape Cod & Islands Association of REALTORS®

APN: FALM-000018-000003-000009-000191