45 Lake Drive, Centerville, MA 02632

45 Lake Drive Centerville MA 02632

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Owner Information

Owner 1

Cheryl B Tiernan & Burns Stephen G

Owner 2

Owner's Address

12 Azalea Drive Andover, MA 00000

Market Sale Information

Most recent sale date

1/14/2014

Previous sale date

3/1/1993

Transfer document #

27934-0041

Previous transfer document

9071-0108

Grantor

Francis H Burns

Previous grantor

Dorothy M Burns

Most recent sale price

$282,500.00

Previous sale price

$1.00

Site Information

Property ID

230-051

Lot Size

0.24

Use Code

101 - Residential, single family

Zoning

RD-1

Building Style

Cape Cod

Number of Rooms

Stories

Number of Beds

Year Built

1961

Number of full baths

Condition

Number of half baths

Finished Area

1796

Number of Kitchen

Gross Living Area

4468

Number of Fireplaces

Bsmnt floot

Number of parking

Interior walls

Drywall

Floor type

Hardwood

Solar Hot Water

Roof Structure

Gable/Hip

Heating type

Hot Water

Roof Cover

Asph/F Gls/Cmp

Heating fuel

Oil

Frame type

Air Condition (%)

Sidings

Wood Shingle

Assessment Information

Fiscal Year

2024

Land Value

$170,000.00

Total value

$559,400.00

Building value

$354,200.00

Estimated tax

$3,013.00

Yard improvement value

$35,200.00

Flood Map MassMapper Google Street View

Certified Mass Appraisal

Realty Insiter's Estimated Market Value

$856,775 to $614,902

$856,775 - By Sales Comparison

	Living area (sqft)	Sale price
Subject Property
Comparables	1,725	$822,825
	sft x ($822,825/1,725 sft)	$856,775

$614,902 - By Uniform CAMA Approach

	Assessed value	Sale price
Subject Property
Comparables	$748,556	$822,825
	x ($822,825/$748,556)	$614,902

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 45 Lake Drive	Proximity	Last Sold	Price	Net Living Area	Stories	Sale Price/sft $157.29	Style Cape Cod	Age 1961	Rooms 5	Bedrooms 3	Full baths 1	Half baths 1	Gross Living Area 4468	Heating Fuel Oil	Lot Size 0.24	Roof Cover Asph/F Gls/Cmp	AEM Value - Building $354,200.00	AEM Value - Land $170,000.00	AEM Value - Other $35,200.00	AEM Value - Total $559,400.00
A) 67 Elliott Street	0.3	8/15/2024	$578,000	1,596	1.75	$362.16	Cape Cod	1970	7	2	2	0	3264	Oil	1.4	Asph/F Gls/Cmp	$327,400	$182,000	$40,600	$550,000
B) 130 Sachem Drive	0.3	10/4/2024	$695,000	2,064	1	$336.72	Ranch	1970	10	4	3	0	5789	Gas	0.48	Asph/F Gls/Cmp	$504,000	$180,000	$106,300	$790,300
C) 58 Sachem Drive	0.4	5/29/2024	$800,800	1,508	1	$531.03	Ranch	1978	7	4	3	0	4196	Gas	0.47	Asph/F Gls/Cmp	$386,000	$179,600	$73,000	$638,600
D) 97 Willow Run Drive	0.5	10/7/2024	$1,480,050	1,820	2	$813.21	Modern/Contemp	2007	6	3	2	0	2173	Gas	1.1	Asph/F Gls/Cmp	$424,000	$1,155,500	$28,800	$1,608,300
E) 83 Pond View Drive	0.5	8/14/2024	$1,127,000	1,624	1	$693.97	Ranch	1963	6	3	2	1	4150	Gas	0.79	Asph/F Gls/Cmp	$399,800	$527,400	$59,700	$986,900
F) 141 Pond View Drive	0.6	10/18/2024	$995,000	1,795	1.75	$554.32	Cape Cod	1976	6	3	2	0	3742	Oil	0.47	Asph/F Gls/Cmp	$365,400	$265,500	$51,700	$682,600
G) 163 Pond View Drive	0.6	7/8/2024	$950,000	1,922	1	$494.28	Ranch	1953	7	3	3	0	3954	Gas	0.53	Asph/F Gls/Cmp	$411,900	$271,300	$65,900	$749,100
H) 31 Childs Street	0.7	8/12/2024	$749,000	1,500	1	$499.33	Ranch	1988	6	3	2	0	4387	Gas	0.45	Asph/F Gls/Cmp	$366,600	$178,900	$70,900	$616,400
I) 5 Canterbury Circle	0.8	11/21/2024	$700,000	1,500	1	$466.67	Ranch	1973	6	3	2	0	3358	Gas	0.4	Asph/F Gls/Cmp	$358,000	$153,900	$87,100	$599,000
J) 77 Headwaters Road	0.8	11/8/2024	$637,000	2,079	1	$306.40	Cape Cod	1964	8	4	3	0	4676	Oil	0.52	Asph/F Gls/Cmp	$394,100	$222,300	$54,000	$670,400
K) 39 Maddaket Lane	0.8	11/15/2024	$570,000	1,396	1	$408.31	Ranch	1977	5	2	1	0	3024	Gas	0.43	Asph/F Gls/Cmp	$341,800	$154,900	$38,700	$535,400
L) 97 Headwaters Road	0.9	11/7/2024	$620,000	1,464	1	$423.50	Ranch	1985	6	3	2	0	3752	Oil	0.63	Asph/F Gls/Cmp	$390,800	$233,400	$59,200	$683,400
M) 226 Holly Point Road	0.9	5/31/2024	$1,500,000	2,180	1	$688.07	Ranch	1969	8	4	2	1	5480	Gas	0.43	Asph/F Gls/Cmp	$494,700	$851,800	$113,500	$1,460,000
N) 33 Partridge Way	0.9	7/31/2024	$600,000	1,643	1.75	$365.19	Cape Cod	1958	6	3	2	0	2936	Oil	0.37	Asph/F Gls/Cmp	$300,000	$259,900	$24,400	$584,300
O) 154 Longview Drive	0.9	7/16/2024	$675,000	2,008	2	$336.16	Colonial	1966	7	3	2	1	3056	Gas	0.56	Asph/F Gls/Cmp	$351,100	$162,100	$27,800	$541,000
P) 26 Huckins Neck Road	1.0	9/20/2024	$745,000	1,400	1	$532.14	Ranch	1980	5	4	2	0	3896	Gas	0.5	Asph/F Gls/Cmp	$352,800	$180,700	$74,100	$607,600
Q) 195 Fuller Road	1.0	9/3/2024	$730,000	2,104	2	$346.96	Colonial	1974	7	3	2	0	3586	Gas	0.72	Asph/F Gls/Cmp	$359,400	$196,500	$41,400	$597,300
R) 357 Old Strawberry Hill Road	1.0	11/7/2024	$659,000	1,444	1	$456.37	Ranch	1973	5	3	2	0	3977	Gas	0.44	Asph/F Gls/Cmp	$347,200	$155,200	$71,000	$573,400

Estimation of Market Value - $735,838

As of today, 11/25/2024, the estimated market value of 45 Lake Drive, Centerville considering the above 18 comparable properties is $735,838.

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)

F-HB

45 Lake Drive

1/14/2014

$282,500

Cape Cod

1,796

0.24

1-1

Criteria

A	55 Lake Drive	1/19/2018	$306,000	0.0	Cape Cod	1,517	0.2	4	1-1
B	48 Laurel Road	12/8/2014	$100	0.0	Ranch	1,646	0.33	2	2-0
C	35 Lake Drive	12/20/2012	$429,000	0.0	Ranch	2,072	0.23	3	2-0
D	33 Pond Street	5/23/2013	$262,700	0.0	Ranch	1,052	0.24	3	1-1
E	40 Laurel Road	5/27/2011	$260,000	0.0	Ranch	1,226	0.22	4	2-0
F	54 Lake Drive	12/4/2020	$0	0.0	Ranch	2,060	0.3	2	2-0
G	100 Brezner Lane	1/26/2018	$100	0.0	Ranch	1,534	0.27	3	1-1
H	64 Lake Drive	12/15/1984	$0	0.0	Ranch	1,490	0.25	3	2-0
I	32 Laurel Road	11/13/2009	$1	0.0	Cape Cod	1,517	0.22	3	2-0
J	30 Lake Drive	8/10/1964	$0	0.0	Vacant Land		0.58		-
K	51 Laurel Road	4/24/2019	$367,000	0.0	Ranch	1,246	0.23	4	2-0
L	25 Lake Drive	7/17/2017	$325,000	0.0	Cape Cod	2,663	0.47	5	3-1
M	34 Pond Street	3/15/2002	$265,000	0.0	Ranch	1,040	0.23	3	1-1
N	61 Laurel Road	5/4/1973	$0	0.1	Ranch	1,240	0.22	3	1-0
O	74 Lake Drive	10/15/1992	$1	0.1	Cape Cod	2,872	0.23	3	3-0
P	35 Laurel Road	4/21/2011	$331,500	0.1	Cape Cod	1,717	0.23	3	2-1
Q	22 Pond Street	6/15/1993	$102,000	0.1	Ranch	1,074	0.18	3	1-0
R	73 Lake Drive	1/31/2014	$330,000	0.1	Ranch	1,573	0.23	2	1-1
S	97 Brezner Lane	4/23/2020	$100	0.1	Ranch	1,160	0.23	3	1-1
T	76 Brezner Lane	8/4/2006	$337,000	0.1	Cape Cod	988	0.19	2	1-0
U	15 Lake Drive	8/25/2014	$1	0.1	Ranch	996	0.24	2	1-0
V	25 Laurel Road	4/27/2010	$340,000	0.1	Ranch	1,680	0.23	3	2-0
W	12 Laurel Road	8/14/2019	$1	0.1	Vacant Land		0.22		-
X	17 Pond Street	11/1/1991	$110,000	0.1	Ranch	1,260	0.44	3	2-0
Y	82 Lake Drive	8/29/2017	$0	0.1	Ranch	1,724	0.25	3	2-0
Z	12 Lake Drive	2/21/2012	$0	0.1	Conventional	1,832	0.28	3	2-1
-	83 Lake Drive	8/25/2017	$365,000	0.1	Cape Cod	1,454	0.18	2	2-0
-	12 Pond Street	8/13/2024	$450,000	0.1	Ranch	980	0.22	2	1-0
-	87 Brezner Lane	6/14/2016	$1	0.1	Ranch	1,200	0.23	3	1-1
-	45 Nathan Road	6/7/2023	$400,000	0.1	Split-Level	1,448	0.4	3	2-0
-	40 Nathan Road	4/6/2018	$349,400	0.1	Antique	1,346	0.23	3	2-0
-	15 Laurel Road	7/19/2005	$375,000	0.1	Cape Cod	1,481	0.28	3	2-0
-	319 Phinney's Lane	10/17/2024	$445,000	0.1	Ranch	884	0.23	2	1-0
-	90 Lake Drive	11/16/2015	$515,000	0.1	Ranch	1,096	0.21	3	1-1
-	84 Juniper Road	4/15/2004	$370,000	0.1	Cape Cod	2,272	0.47	3	2-1
-	22 Nathan Road	5/18/2012	$265,000	0.1	Cape Cod	1,162	0.22	3	2-1
-	77 Brezner Lane	6/7/2017	$1	0.1	Ranch	1,185	0.23	3	1-1
-	307 Phinney's Lane	9/28/2018	$316,000	0.1	Ranch	922	0.22	2	1-0
-	4 Pond Street	2/24/2017	$285,000	0.1	Ranch	1,157	0.29	3	1-1
-	50 Brezner Lane	10/15/2004	$0	0.1	Ranch	1,388	0.48	3	1-1
-	2 Lake Drive	10/23/2012	$0	0.1	Cape Cod	2,402	0.48	4	3-0
-	56 Juniper Road	7/6/1973	$0	0.1	Cape Cod	1,823	0.32	4	2-0
-	14 Nathan Road	9/11/2020	$1	0.1	Ranch	1,272	0.22	3	2-0
-	303 Phinney's Lane	3/23/2016	$1	0.1	Cape Cod	1,754	0.27	4	1-0
-	353 Phinney's Lane	8/15/1995	$92,850	0.1	Ranch	1,048	0.28	2	1-0
-	99 Lake Drive	10/20/2017	$1	0.1	Ranch	1,236	0.62	2	1-1
-	67 Brezner Lane	10/3/2017	$377,000	0.1	Ranch	1,200	0.23	3	1-1
-	38 Brezner Lane	3/11/2004	$100	0.1	Ranch	1,270	0.19	3	1-1
-	30 Brezner Lane	2/16/2017	$329,000	0.1	Ranch	960	0.2	2	2-0
-	50 Juniper Road	3/30/2001	$198,000	0.1	Ranch	1,472	0.33	2	3-0
-	122 Juniper Road	12/1/2020	$745,875	0.1	Ranch	1,416	0.23	2	2-0
-	83 Juniper Road	6/26/2017	$365,000	0.1	Cape Cod	1,491	0.2	3	2-0
-	291 Phinney's Lane	12/3/2014	$250,500	0.1	Ranch	1,620	0.22	3	1-1
-	22 Brezner Lane	3/19/1999	$176,900	0.1	Antique	1,808	0.19	3	1-0
-	73 Juniper Road	2/9/2004	$1	0.1	Ranch	1,632	0.2	3	2-0
-	91 Juniper Road	4/12/2016	$0	0.1	Cape Cod	2,086	0.21	3	3-0
-	365 Phinney's Lane	2/19/2003	$225,000	0.1	Ranch	1,125	0.26	3	1-0
-	371 Phinney's Lane		$0	0.1	Vacant Land		0.15		-
-	107 Point Of Pines Avenue	10/13/2017	$1	0.1	Ranch	1,750	0.21	3	1-1
-	330 Phinney's Lane	1/18/2005	$298,998	0.1	Ranch	1,430	0.41	2	2-0
-	65 Juniper Road	9/30/1988	$1	0.1	Cape Cod	1,076	0.22	2	1-0
-	342 Phinney's Lane	2/14/2018	$0	0.1	Cape Cod	1,248	0.47	3	2-0
-	12 Brezner Lane	1/15/1995	$75,000	0.1	Ranch	864	0.19	3	1-0
-	57 Brezner Lane	8/25/2023	$575,400	0.1	Ranch	1,215	0.3	3	1-1
-	314 Phinney's Lane	8/28/2002	$100	0.1	Cape Cod	1,196	0.68	4	2-0
-	117 Point Of Pines Avenue	11/15/2002	$1	0.1	Cape Cod	1,860	0.22	4	2-0
-	55 Juniper Road	6/29/2018	$345,750	0.1	Ranch	1,236	0.23	3	1-1
-	281 Phinney's Lane	6/28/2019	$267,000	0.1	Ranch	988	0.22	2	1-0

Averages

5537 days

$179,756

0.08

---

1,377

0.28

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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

230-051 45 Lake Drive