NOT LISTED FOR SALE

1 Ocean Ave Scituate, MA 02066

Estimated Value: $2,209,000 - $3,118,000

5 Beds
3 Baths
3,664 Sq Ft
$694/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $1,450,000 $396 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $15,465/month

39 Days on Market

About This Home

As of June 2014

Steps to Minot Beach, this " Cottage Near The Sea " has been renovated to perfection and is sited beautifully on perfect flat land along the celebrity row of Minot that Mayors and Governors have called home for generations. The renovation is stunning inside and out, with the house beautifully returned to its original grandeur with a wrap around porch that epitomizes the unique lifestyle of Ocean Avenue at the corner of Gannett Road within sight and sound of the Atlantic !!!!! With all new state-of-the-art systems, high end finishes and a spectacular open floor plan, the heart of the house is a wow kitchen and multiple sets of French doors open to the wide mahogany porches and broad sweep of lawn and sidewalk to the beach. Upstairs there are four bedrooms, including the master suite, plus French doors leading to a library/office or fifth bedroom if desired. Finishing touches are being completed so that a new family can enjoy the good life in this ultra prime storm-safe location !!!

Last Agent to Sell the Property

William Good

Compass Listed on: 05/15/2014

Compass

Last Buyer's Agent

Gerri Predella

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,755

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Corner, Level
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Golf Course, Bike Path, Conservation Area, Marina, T-Station
  • Electric: 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Polyicynene Foam
  • Basement: Bulkhead
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bedroom 5: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - Full, Flooring - Hardwood
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Sprinkler System, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Stone/Gravel
  • Parking Spaces: 8

Utilities

  • Hot Water: Natural Gas

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Jul 31, 2014
Sold by
Crone Gregory J and Crone Wendy M
Bought by
Gannett Road Nt
Seller's Agent
William Good
Compass
Buyer's Agent
Gerri Predella
William Raveis R.E. & Home Services
List Price
$1,550,000
Sold Price
$1,450,000
Premium/Discount to List
-$100,000
-6.45%
Current Estimated Value
$2,543,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,093,585
Avg. Annual Appreciation
4.25%
Original Mortgage
$900,000
Outstanding Balance
$691,423
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,625,966

Purchase Details

Listed on
May 15, 2014
Closed on
Jun 27, 2014
Sold by
Crone Gregory J and Crone Wendy M
Bought by
Angley Ellen K and Angley Jeffrey T
Seller's Agent
William Good
Compass
Buyer's Agent
Gerri Predella
William Raveis R.E. & Home Services
List Price
$1,550,000
Sold Price
$1,450,000
Premium/Discount to List
-$100,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$691,423
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,625,966

Purchase Details

Listed on
Jul 12, 2013
Closed on
Dec 12, 2013
Sold by
Mary G Scott Lt
Bought by
Crone Gregory J and Crone Wendy M
Seller's Agent
William Good
Compass
Buyer's Agent
William Good
Compass
List Price
$1,950,000
Sold Price
$1,200,000
Premium/Discount to List
-$750,000
-38.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.97%
Original Mortgage
$840,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gannett Road Nt $725,000 --
Angley Ellen K $1,450,000 --
Crone Gregory J $1,200,000 --
Crone Gregory J $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angley Ellen K $900,000
Previous Owner Crone Gregory J $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $1,450,000 0.0% $396 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
05/30/2014 05/30/14 Off Market $1,450,000 -- --
05/15/2014 05/15/14 For Sale $1,550,000 +29.2% $423 / Sq Ft
12/12/2013 12/12/13 Sold $1,200,000 0.0% $328 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
10/02/2013 10/02/13 Off Market $1,200,000 -- --
07/12/2013 07/12/13 For Sale $1,950,000 -- $532 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,755 $2,377,900 $937,800 $1,440,100
2024 $24,446 $2,359,700 $947,300 $1,412,400
2023 $20,959 $2,028,900 $861,200 $1,167,700
2022 $20,959 $1,660,800 $681,200 $979,600
2021 $18,881 $1,416,400 $648,800 $767,600
2020 $18,521 $1,371,900 $623,800 $748,100
2019 $18,098 $1,317,200 $611,500 $705,700
2018 $17,078 $1,224,200 $598,300 $625,900
2017 $17,249 $1,224,200 $598,300 $625,900
2016 $16,998 $1,202,100 $598,300 $603,800
2015 $14,817 $1,131,100 $571,400 $559,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71681477

MLS Property Information Network (MLS PIN)

APN: SCIT-000008-000003-000011