15 Island Road, Lakeville, MA 02347

15 Island Road Lakeville MA 02347
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Owner Information
Owner 1
Jacob Fare
Owner 2
Kara Fare
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
2/27/2025
Previous sale date
10/2/2023
Transfer document #
59729-104
Previous transfer document
58329-313
Grantor
William Bachant
Previous grantor
Linda J McFarland
Most recent sale price
$480,000.00
Previous sale price
$250,000.00
Site Information
Property ID
041-001-027
Lot Size
2
Use Code
101 - Residential, single family
Zoning
Building Style
Ranch
Number of Rooms
6
Stories
1
Number of Beds
3
Year Built
1954
Number of full baths
Condition
Number of half baths
0
Finished Area
1310
Number of Kitchen
Gross Living Area
3000
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Electric
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Electr Basebrd
Frame type
Air Condition (%)
Sidings
Vinyl Siding
Assessment Information
Fiscal Year
2024
Land Value
$121,300.00
Total value
$294,600.00
Building value
$173,300.00
Estimated tax
$3,555.00
Yard improvement value
$0.00
Flood Map MassMapper Google Street View
Certified Mass Appraisal
2013201420152016201720182019202020212022$0$50,000$100,000$150,000$200,000$250,000$300,000$350,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
Mailing Labels $Valuation Report Copy To Clipboard
25 Spruce Street23 Fifth Avenue2 Jeanine Street15 Island Road6 Beechtree Drive$0$100,000$200,000$300,000$400,000$500,000$600,000Subject PropertyTotal Assessment ($)Total Assessment
Address 15 Island Road A) 23 Fifth AvenueB) 25 Spruce StreetC) 2 Jeanine StreetD) 6 Beechtree Drive
Photo
Plan
Map
Proximity 0.30.30.70.9
Last Sold 4/30/20253/21/20253/7/20253/14/2025
Price $403,932$260,000$460,000$350,000
Net Living Area 1,4691,1161,0021,024
Stories 1.75111
Sale Price/sft $366.41$274.97$232.97$459.08$341.80
Style RanchCape CodCape CodRanchRanch
Age 19541955195419651952
Rooms 66646
Bedrooms 34422
Full baths
Half baths 00000
Gross Living Area 30002856270921762226
Heating Fuel Electr BasebrdHot WaterElectr BasebrdForced Air-DucForced Air-Duc
Detached Garage
Lot Size 20.230.110.240.19
Roof Cover Asph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/CmpAsph/F Gls/Cmp
AEM Value - Building $173,300.00$165,700$135,700$144,100$179,100
AEM Value - Land $121,300.00$101,000$88,800$126,700$329,400
AEM Value - Other $0.00$0$0$0$0
AEM Value - Total $294,600.00$266,700$224,500$270,800$508,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 15 Island Road 2/27/2025 $480,000 0 Ranch 1,310 2 3 -0 -
  Criteria
A 23 Fifth Avenue 4/30/2025 $403,932 0.3 Cape Cod 1,469 0.23 4 -0
B 25 Spruce Street 3/21/2025 $260,000 0.3 Cape Cod 1,116 0.11 4 -0
C 2 Jeanine Street 3/7/2025 $460,000 0.7 Ranch 1,002 0.24 2 -0
D 6 Beechtree Drive 3/14/2025 $350,000 0.9 Ranch 1,024 0.19 2 -0
Averages 64 days $368,483 0.56 --- 1,153 0.19 --- ---  

Estimation of Market Value - $380,260

As of today, 05/29/2025, the estimated market value of 15 Island Road, Lakeville considering the above 4 comparable properties is $380,260.

 

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
Copy to Clipboard
Subject Property51 Shore Avenue7 Nook Street42 Shore Avenue4 Nook Street44 Shore Avenue2 Glen Street49 Shore Avenue14 Island Road13 Island Road40 Shore Avenue41 Shore Avenue11 Island Road17 Island Road38 Shore Avenue15 Island Road34 Shore Avenue47 Shore Avenue39 Shore Avenue45 Shore Avenue43 Shore Avenue46 Shore Avenue$0$100,000$200,000$300,000$400,000$500,000$600,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 15 Island Road 2/27/2025 $480,000 0 Ranch 1,310 2 3 -0 -
  Criteria
A 17 Island Road 3/12/2020 $305,000 0.0 Raised Ranch 872 0.37 2 -0
B 46 Shore Avenue 3/17/2006 $265,000 0.1 Colonial 1,824 0.23 2 -0
C 44 Shore Avenue 3/27/2003 $100 0.1 Conventional 720 0.21 2 -0
D 13 Island Road 10/14/1986 $89,900 0.1 Ranch 1,284 1.5 2 -0
E 42 Shore Avenue 8/30/2012 $103,900 0.1 Ranch 777 0.15 3 -0
F 14 Island Road 5/27/2003 $0 0.1 Ranch 830 0.48 2 -0
G 40 Shore Avenue 7/30/2007 $199,900 0.1 Ranch 912 0.23 2 -0
H 51 Shore Avenue 4/14/2023 $560,000 0.1 Cottage 650 0.36 2 -0
I 38 Shore Avenue 10/27/2015 $235,000 0.1 Ranch 810 0.15 2 -1
J 49 Shore Avenue 5/6/2024 $180,000 0.1 Ranch 560 0.14 2 -0
K 2 Glen Street 8/11/2016 $1 0.1 Ranch 936 0.29 3 -0
L 11 Island Road 9/3/2015 $1 0.1 Cape Cod 1,080 3.42 2 -0
M 47 Shore Avenue 9/16/2016 $1 0.1 Ranch 720 0.12 2 -0
N 45 Shore Avenue 7/17/2019 $256,000 0.1 Cape Cod 1,331 0.1 2 -0
O 43 Shore Avenue 4/13/2016 $1 0.1 Cape Cod 816 0.1 2 -0
P 7 Nook Street 11/5/2002 $155,000 0.1 Ranch 670 0.29 2 -0
Q 34 Shore Avenue 11/15/2024 $495,000 0.1 Cape Cod 1,523 0.41 3 -0
R 41 Shore Avenue 2/22/2016 $100 0.1 Ranch 765 0.25 2 -0
S 39 Shore Avenue 9/15/2010 $125,000 0.1 Colonial 1,400 0.11 2 -0
T 4 Nook Street 12/7/1999 $80,000 0.1 Ranch 892 0.28 2 -0
Averages 4846 days $152,495 0.08 --- 969 0.46 --- ---  
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
041-001-027 15 Island Road