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640 Palmer Ave

Falmouth, MA 02540

4 bd 2 ba 1,344 sqft Built 1900 Lot 18,731 sqft multi_family
Most recent sale
$327,000
Nov 12, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 12, 2021 Sold $327,000 MLS #22105499
Sep 22, 2021 Price changed $325,000 MLS #72892139
Sep 9, 2021 Listed $300,000 MLS #72892139
Dec 13, 2018 Listed $330,000 MLS #72432512
Jul 1, 2004 Sold $260,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $237,000 $154,400 $391,400 $2,298
2023 $183,500 $146,300 $329,800 $2,282
2022 $132,900 $110,300 $243,200 $1,958
2021 $145,400 $105,500 $250,900 $2,133
2020 $145,400 $95,900 $241,300 $2,073
2019 $140,100 $95,900 $236,000 $2,020
2018 $130,600 $95,900 $226,500 $1,948
2017 $124,300 $95,900 $220,200 $1,878
2016 $124,300 $95,900 $220,200 $1,843
2015 $124,300 $95,900 $220,200 $1,803
2013 $123,100 $101,000 $224,100 $1,802
2006 $120,300 $139,300 $259,600 $1,410
2005 $113,000 $130,500 $243,500 $1,420
2003 $71,800 $64,700 $136,500 $1,087

Property facts

Year built
1900
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
1,344 sqft
Lot size
18,731 sqft
ZIP code
02540
City
Falmouth
Street
Palmer Ave
Coordinates
41.57013, -70.61848

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,898
Gross rental yield
14.30%
Implied cap rate
9.30%
Trend-extrapolated value

Frequently asked questions

When did 640 Palmer Ave last sell?
640 Palmer Ave most recently sold on Nov 12, 2021 for $327,000.
What is the current tax assessment for 640 Palmer Ave?
The most recent total assessment for 640 Palmer Ave (year 2025) is $391,400 with $2,298 in property tax.
How does 640 Palmer Ave's assessment compare to its last sale price?
The current assessment is 19.7% above the last sale price of $327,000.
When was 640 Palmer Ave built?
640 Palmer Ave was built in 1900.
How does 640 Palmer Ave compare to others on Palmer Ave?
We track 8 other properties on Palmer Ave. Browse the list under "Other properties on Palmer Ave" to compare beds, baths, and sale history.
What are the property facts for 640 Palmer Ave?
640 Palmer Ave is a 4 bed, 2 bath, 1,344 sqft, 18,731 sqft lot multi_family.
Is 640 Palmer Ave a flip candidate?
No — 640 Palmer Ave does not appear in our flips dataset.
Is 640 Palmer Ave a tax-appeal candidate?
Yes — 640 Palmer Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.6%
2026 Q1
$1.92M
2026 Q2
$1.95M
ZIP 02540 — Median Price History + Forecast

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