242 Lake Elizabeth Drive, Centerville, MA 02632

242 Lake Elizabeth Drive Centerville MA 02632
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Owner Information
Owner 1
Barney Beal & Costin Elisabeth
Owner 2
Owner's Address
21 Federal Street Beverly, MA 00000
Market Sale Information
Most recent sale date
5/24/2016
Previous sale date
10/15/1989
Transfer document #
29672-0335
Previous transfer document
6925-0324
Grantor
Kevin Ryan
Previous grantor
Justin F Brennan
Most recent sale price
$340,000.00
Previous sale price
$115,000.00
Site Information
Property ID
227-040
Lot Size
0.06
Use Code
101 - Residential, single family
Zoning
CBDCV
Building Style
Conventional
Number of Rooms
5
Stories
2
Number of Beds
3
Year Built
1900
Number of full baths
1
Condition
Number of half baths
0
Finished Area
1106
Number of Kitchen
Gross Living Area
1390
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Wall Brd/Wood
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Elec Baseboard
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electric
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$328,000.00
Total value
$574,900.00
Building value
$239,800.00
Estimated tax
$3,137.00
Yard improvement value
$7,100.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 242 Lake Elizabeth Drive Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $307.41 Style Conventional Age 1900 Rooms 5 Bedrooms 3 Full baths 1 Half baths 0 Gross Living Area 1390 Heating Fuel Electric Detached Garage Lot Size 0.06 Roof Cover Asph/F Gls/Cmp AEM Value - Building $239,800.00 AEM Value - Land $328,000.00 AEM Value - Other $7,100.00 AEM Value - Total $574,900.00
A) 136 Clifton Lane 0.4 8/1/2024 $555,000 1,374 1 $403.93 Ranch 1983 5 2 2 0 2696 Gas 0.17 Asph/F Gls/Cmp $349,600 $139,600 $40,500 $529,700
B) 121 Strawberry Hill Road 0.4 8/1/2024 $4,000 1,253 1.15 $3.19 Cape Cod 2017 7 3 2 1 3738 Gas 1.15 Asph/F Gls/Cmp $335,800 $249,900 $198,400 $784,100
C) 134 Strawberry Hill Road 0.4 8/30/2024 $605,000 1,153 1.5 $524.72 Cape Cod 1948 6 3 1 0 2594 Oil 0.26 Asph/F Gls/Cmp $214,000 $209,000 $13,900 $436,900
D) 47 Priscilla Street 0.4 9/19/2024 $471,000 888 1 $530.41 Ranch 1960 4 2 1 0 2096 Electric 0.23 Asph/F Gls/Cmp $177,200 $205,300 $24,200 $406,700
E) 297 Strawberry Hill Road 0.5 8/16/2024 $525,000 912 1.4 $575.66 Cape Cod 1975 7 2 2 0 3332 Gas 0.31 Asph/F Gls/Cmp $218,700 $150,900 $32,400 $402,000
F) 91 Rudder Road 0.6 6/3/2024 $386,000 1,196 1 $322.74 Ranch 1972 5 3 1 1 2648 Gas 0.23 Asph/F Gls/Cmp $241,300 $146,700 $29,100 $417,100
G) 16 Short Beach Road 0.7 7/26/2024 $875,000 1,140 1 $767.54 Ranch 1957 5 3 2 0 1140 Gas 0.15 Asph/F Gls/Cmp $214,400 $754,200 $4,600 $973,200
H) 25 Goat Field Lane 0.7 8/30/2024 $590,000 1,284 1.5 $459.50 Cape Cod 1984 5 2 2 0 3072 Gas 0.44 Asph/F Gls/Cmp $279,700 $155,200 $32,400 $467,300
I) 42 Keel Way 0.7 10/15/2024 $522,000 988 1 $528.34 Ranch 1972 4 2 1 0 2156 Gas 0.23 Asph/F Gls/Cmp $217,800 $146,700 $29,700 $394,200
J) 34 Short Beach Road 0.8 8/23/2024 $825,000 1,098 1 $751.37 Ranch 1948 4 2 1 0 1242 Gas 0.27 Asph/F Gls/Cmp $198,300 $972,600 $6,800 $1,177,700
K) 22 Old Town Road 1.0 8/23/2024 $699,900 1,260 1 $555.48 Ranch 1971 5 3 3 0 2901 Gas 0.3 Asph/F Gls/Cmp $387,500 $150,600 $83,300 $621,400
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 242 Lake Elizabeth Drive 5/24/2016 $340,000 0 Conventional 1,106 0.06 3 1-0 -
  Criteria
A 136 Clifton Lane 8/1/2024 $555,000 0.4 Ranch 1,374 0.17 2 2-0
B 121 Strawberry Hill Road 8/1/2024 $4,000 0.4 Cape Cod 1,253 1.15 3 2-1
C 134 Strawberry Hill Road 8/30/2024 $605,000 0.4 Cape Cod 1,153 0.26 3 1-0
D 47 Priscilla Street 9/19/2024 $471,000 0.4 Ranch 888 0.23 2 1-0
E 297 Strawberry Hill Road 8/16/2024 $525,000 0.5 Cape Cod 912 0.31 2 2-0
F 91 Rudder Road 6/3/2024 $386,000 0.6 Ranch 1,196 0.23 3 1-1
G 16 Short Beach Road 7/26/2024 $875,000 0.7 Ranch 1,140 0.15 3 2-0
H 25 Goat Field Lane 8/30/2024 $590,000 0.7 Cape Cod 1,284 0.44 2 2-0
I 42 Keel Way 10/15/2024 $522,000 0.7 Ranch 988 0.23 2 1-0
J 34 Short Beach Road 8/23/2024 $825,000 0.8 Ranch 1,098 0.27 2 1-0
K 22 Old Town Road 8/23/2024 $699,900 1.0 Ranch 1,260 0.3 3 3-0
Averages 99 days $605,390 0.63 --- 1,129 0.26 --- ---  

Estimation of Market Value - $595,134

As of today, 11/25/2024, the estimated market value of 242 Lake Elizabeth Drive, Centerville considering the above 10 comparable properties is $595,134.

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
Mailing Labels
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 242 Lake Elizabeth Drive 5/24/2016 $340,000 0 Conventional 1,106 0.06 3 1-0 -
  Criteria
A 246 Lake Elizabeth Drive 6/11/2004 $220,000 0.0 Conventional 1,241 0.04 4 2-0
B 238 Lake Elizabeth Drive 10/2/2018 $10 0.0 Conventional 1,225 0.05 2 2-0
C 248 Lake Elizabeth Drive 2/12/2010 $1 0.0 Camp 576 0.04 2 1-0
D 234 Lake Elizabeth Drive 10/20/2017 $1 0.0 Conventional 1,038 0.38 5 1-1
E 228 Lake Elizabeth Drive 9/4/2019 $0 0.0 Conventional 1,050 0.3 5 1-0
F 260 Lake Elizabeth Drive 12/4/2013 $1 0.0 Ranch 1,437 0.33 3 3-0
G 0 Laurel Avenue 5/17/2013 $2,009 0.0 Vacant Land 0.01 -
H 153 Ocean Avenue 5/17/2013 $3,896 0.0 Antique 1,086 0.08 3 1-0
I 251 Lake Elizabeth Drive 1/1/1950 $0 0.0 Churches 3,750 2.5 0 0-
J 151 Ocean Avenue 5/17/2013 $1 0.1 Conventional 1,219 0.08 3 1-0
K 208 Lake Elizabeth Drive 6/26/1968 $0 0.1 Inns bed and break 10,516 1.21 25 16-0
L 145 Ocean Avenue 5/6/1998 $1 0.1 Conventional 1,944 0.08 3 2-0
M 139 Ocean Avenue 2/5/2007 $30,000 0.1 Vacant Land 0.12 -
N 11 Laurel Avenue 6/13/1960 $0 0.1 Vacant Land 0.14 -
O 43 Valley Avenue 1/1/1950 $0 0.1 Commercial 320 0.14 0 0-
P 0 Lake Elizabeth Drive $0 0.1 Vacant Land 3.56 -
Q 0 Ocean Avenue 6/13/1960 $0 0.1 Vacant Land 0.04 -
R 40 Valley Avenue 1/7/1942 $0 0.1 Vacant Land 0.5 -
S 527 Old Craigville Road 8/15/1983 $45,000 0.1 Ranch 650 0.26 2 1-0
T 35 Valley Avenue 7/21/1981 $0 0.1 Conventional 1,234 0.04 1 1-0
U 545 Old Craigville Road 3/15/1990 $1 0.1 Vacant Land 0.21 -
V 0 Circuit Avenue 6/13/1960 $0 0.1 Vacant Land 5.45 -
W 129 Ocean Avenue 12/23/2013 $1 0.1 Conventional 635 0.08 2 1-0
X 44 Laurel Avenue 12/13/2013 $1 0.1 Cape Cod 1,109 0.05 2 1-0
Y 539 Old Craigville Road 4/26/2007 $1 0.1 Ranch 728 0.45 2 1-0
Z 28 Laurel Avenue 7/29/2011 $280,000 0.1 Cape Cod 1,396 0.25 3 1-1
- 531 Old Craigville Road 9/25/2007 $405,000 0.1 Ranch 782 0.33 3 1-0
- 54 Laurel Avenue 6/16/2020 $100 0.1 Camp 988 0.14 3 1-0
- 557 Old Craigville Road 9/23/1985 $152,000 0.1 Cape Cod 1,412 0.88 4 2-0
- 11 Red Lily Pond Road 9/15/2010 $235,000 0.1 Camp 612 0.39 2 1-0
- 25 Red Lily Pond Road 9/17/2014 $0 0.1 Cape Cod 2,535 0.32 4 2-1
- 125 Ocean Avenue 1/1/1950 $0 0.1 Colonial 2,112 0.08 6 5-0
- 27 Valley Avenue 1/7/1942 $0 0.1 Vacant Land 0.2 -
- 5 Red Lily Pond Road 1/31/2020 $1 0.1 Ranch 1,510 0.59 2 1-1
- 517 Old Craigville Road 6/15/1982 $47,000 0.1 Modern/Contemp 2,400 0.25 4 2-0
- 39 Red Lily Pond Road 6/15/2000 $236,500 0.1 Colonial 1,680 0.46 4 2-0
- 186 Lake Elizabeth Drive 9/9/2016 $413,450 0.1 Ranch 1,374 0.24 4 1-1
- 116 Ocean Avenue 1/1/1950 $0 0.1 Vacant Land 0.11 -
- 117 Ocean Avenue 8/23/2013 $1 0.1 Vacant Land 0.03 -
- 0 Red Lily Pond Road $0 0.1 Vacant Land 0.11 -
- 567 Old Craigville Road 2/19/2016 $0 0.1 Conventional 2,196 0.41 5 1-1
- 297 Lake Elizabeth Drive 6/20/2016 $330,000 0.1 Antique 990 0.64 2 1-1
- 177 Lake Elizabeth Drive 7/22/2020 $1 0.1 Colonial 2,279 0.13 5 2-1
- 295 Lake Elizabeth Drive 8/6/2019 $1 0.1 Cape Cod 876 0.93 4 2-0
- 41 Red Lily Pond Road 5/9/2005 $425,000 0.1 Ranch 1,480 0.31 3 2-0
- 113 Ocean Avenue 12/15/1994 $100 0.1 Vacant Land 0.07 -
- 17 Valley Avenue 12/16/2019 $1 0.1 Conventional 1,104 0.04 2 1-1
- 23 Laurel Avenue 8/21/2013 $340,000 0.1 Conventional 1,872 0.39 3 2-1
- 173 Lake Elizabeth Drive 1/15/2016 $100 0.1 Antique 1,762 0.06 4 2-0
- 575 Old Craigville Road 2/19/2016 $0 0.1 Vacant Land 0.34 -
Averages 10025 days $63,304 0.08 --- 1,182 0.48 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
227-040 242 Lake Elizabeth Drive