NOT LISTED FOR SALE

12 Folly Point Rd Gloucester, MA 01930

Estimated Value: $1,537,000 - $2,652,000

5 Beds
3 Baths
3,625 Sq Ft
$550/Sq Ft Est. Value

About This Home

Furnished rental available. Flexible terms. Rent to own option available! House is also for sale - see MLS# 72295622. Large Contemporary in a special location with a short stroll to Flat Rocks, easy access to both Halibut Point Conservation and Plum Cove Beach, and a short drive to Good Harbor and Wingaersheek Beaches. Close proximity to some of Gloucester's best beaches, but removed from the summer hubbub. Across the street from Folly Cove Beach and Tide Rocks Preserve. Overlooking a small pond. With five bedrooms and three bathrooms, this home has plenty of space to seek your own quiet space. Gourmet kitchen with granite countertops, Sub-Zero refrigerator, Miele double oven and island mounted stove top, Miele dishwasher, radiant floor heat and more. 50' screen HDTV with surround sound. WIFI available.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2021
Sold by
P W & R G 2011 Lt and Garcia
Bought by
Garcia Rosanna and Rummel Paul W
Current Estimated Value
$1,994,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$494,093
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,222,448

Purchase Details

Closed on
Feb 18, 2015
Sold by
Paul W&R G Rummel Lt
Bought by
Rummel Paul and Garcia Rosanna

Purchase Details

Closed on
Mar 1, 2013
Sold by
In Rummel P and In Garcia
Bought by
Rummel Paul W and Garcia Rosanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2012
Sold by
Rummel Paul and Garcia Rosanna
Bought by
Rossanna Garcia 2011 T and Rummel Paul W

Purchase Details

Closed on
Feb 15, 2002
Sold by
Lake Sharon M
Bought by
Rummel Paul and Garcia Rosanna

Purchase Details

Closed on
Jul 24, 1996
Sold by
Lake Berch
Bought by
Lake Sharon M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Rummel Paul -- --
Rummel Paul W -- --
Rossanna Garcia 2011 T -- --
Rummel Paul $605,000 --
Lake Sharon M $370,000 --
Rummel Paul -- --
Rummel Paul W -- --
Rossanna Garcia 2011 T -- --
Rummel Paul $605,000 --
Lake Sharon M $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Rosanna $550,000
Closed Garcia Rosanna $550,000
Previous Owner Garcia Rosanna $100,000
Previous Owner Lake Sharon M $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2018 09/01/18 Rented $4,200 0.0% --
07/28/2018 07/28/18 Under Contract -- -- --
07/09/2018 07/09/18 For Rent $4,200 +7.7% --
02/01/2017 02/01/17 Rented $3,900 -4.9% --
12/23/2016 12/23/16 Under Contract -- -- --
10/05/2016 10/05/16 For Rent $4,100 -- --

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 $13,270 $1,363,800 $496,900 $866,900
2024 $13,270 $1,363,800 $496,900 $866,900
2023 $12,264 $1,158,100 $423,600 $734,500
2022 $11,836 $1,009,000 $368,700 $640,300
2021 $11,421 $918,100 $335,500 $582,600
2020 $11,585 $939,600 $335,500 $604,100
2019 $11,990 $944,800 $319,900 $624,900
2018 $10,998 $850,600 $312,100 $538,500
2017 $11,022 $835,600 $297,100 $538,500
2016 $10,655 $782,900 $284,200 $498,700
2015 $10,136 $742,600 $277,700 $464,900
Source: Public Records

Agents Affiliated with this Home

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