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88 Lake Shore Drive

88 Lake Shore Drive, East Falmouth, MA 02536
Property in Falmouth
Sold May 12, 2016
$245,000
$245,000 by United States Department Of Ag
Mortgage Due May 12, 2049
Sold Oct 13, 2000
$139,000
$97,300 by Fleet Natl Bk
Mortgage
Local assessors in East Falmouth, MA have categorized 88 Lake Shore Drive as a residential type of property. The home was built in 1973 and is 51 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 13,765 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 88 Lake Shore Drive has a total of 800 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 88 Lake Shore Drive was last sold in Jan 1, 1970 for $245,000. According to our calculations, that's $306.25 per sqft. Prior to that sales transaction, the property was sold for $139,000 in Jan 1, 1970. Current property owners are expected to pay $2,308 in taxes per year. The property on 88 Lake Shore Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $333,500. To break that down further, the land itself was valued at $138,700. While improvements to the property were assessed at a total of $194,800. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Waterfront

Beach Front

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 640
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,765
  • Total Building Area: 800
  • Gross Building Area: 2,043
  • Building Area: 800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 800
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.316
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DRANE MOLLY
  • Previous Owner : BRAUN MICHAEL
  • Previous Owner 2: LIMA ANA L
  • Owner Before Previous Owner: MCCARTHY CATHERINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Falmouth School District
  • Census Tract: 014402

Zoning

  • Zoning: RC

Geography

  • Parcel: FALM 22 S:08 P:011 L:011G
  • Lot: 11G
  • Municipality: FALMOUTH
  • Latitude: 41.5954
  • Longitude: -70.5804

    Address

  • Full Address: 88 Lake Shore Dr
  • Address - House Number: 88
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: East Falmouth
  • Carrier Code: C009
  • 4-Digit Zip Code: 4718
  • Zip Code: 02536

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,308

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 491,534
  • High Value: 594,241
  • Low Value: 388,826

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • First Open Lien Mortgage Recording Date: May 12, 2016
  • First Open Lien Mortgage Loan Amount: $245,000
  • First Open Lien Mortgage Term: 395
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 12, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,500
  • Assessed Land Value: $138,700
  • Assessed Improvements Value: $194,800

    Sales

  • Current Sale Recording Date: May 12, 2016
  • Current Sale Transaction ID: 1556067171
  • Current Sale Price: $245,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 23517
  • Previous Sale Recording Date: Oct 13, 2000
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • First Mortgage Transaction Date: May 12, 2016
  • First Mortgage Loan Amount: $245,000
  • First Mortgage Terms: 395
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 12, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FLEET NATL BK
  • Previous Mortgage Transaction Date: Oct 13, 2000
  • Previous Mortgage Loan Amount: $97,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Barnstable



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Frequently Asked Questions

What neighborhood is 88 Lake Shore Drive located in?
The 88 Lake Shore Drive is a located in the neighborhood of Falmouth in Barnstable, East Falmouth.
What is the average sales price for listings in 88 Lake Shore Drive?
The average sales price for units in 88 Lake Shore Drive is $0 currently.

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