Seller's Agent in 2020
Erika Mattson
Keller Williams Realty Evolution
(978) 559-1821
1 in this area
11 Total Sales
16 Lake Rd Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $685,000 - $769,000
3
Beds
1
Bath
1,694
Sq Ft
$429/Sq Ft
Est. Value
Highlights
- Pond View
- Plywood Flooring
- Enclosed Patio or Porch
About This Home
As of December 2020Fantastic opportunity to become the next steward of this property on serene Lake Road, which has been owned by one family for 100 years. Enjoy the active local community and what the village of Magnolia has to offer. From the seaside scenery along Shore Road to Gray's Beach which is part of the Coolidge Reservation to Lexington Ave with its eateries, shops and library. This home has an ideal layout and lends itself nicely to multigenerational living, with two bedrooms and one full bath on the first floor. Enjoy views out onto West Pond from paneled dining room and living room, with direct access to the very spacious enclosed porch also facing the pond. Ample second floor bedroom, separate storage or office space and bonus room which could function as an additional bath. Property can also be accessed from Ocean Ave and is just minutes away to Rt.128. Home needs updating and price reflects condition.
Last Agent to Sell the Property
Keller Williams Realty Evolution Listed on: 11/13/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,842
Year Built
- Built in 1920
Lot Details
- Year Round Access
- Property is zoned R-20
Flooring
- Plywood
- Vinyl
Utilities
- Heating System Uses Oil
- Water Holding Tank
- Electric Water Heater
- Private Sewer
Additional Features
- Pond Views
- Range
- Enclosed Patio or Porch
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 1963
Bought by
Murtha Cullina Llp
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murtha Cullina Llp | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Difiore Alison | $267,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2020 12/22/20 | Sold | $447,700 | +10.0% | $264 / Sq Ft |
| 11/18/2020 11/18/20 | Pending | -- | -- | -- |
| 11/13/2020 11/13/20 | For Sale | $407,000 | -- | $240 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,842 | $600,400 | $263,300 | $337,100 |
| 2024 | $5,842 | $600,400 | $263,300 | $337,100 |
| 2023 | $5,581 | $527,000 | $227,200 | $299,800 |
| 2022 | $5,056 | $431,000 | $193,200 | $237,800 |
| 2021 | $5,302 | $426,200 | $175,600 | $250,600 |
| 2020 | $5,102 | $413,800 | $175,600 | $238,200 |
| 2019 | $5,079 | $400,200 | $175,600 | $224,600 |
| 2018 | $5,001 | $386,800 | $175,600 | $211,200 |
| 2017 | $4,809 | $364,600 | $167,200 | $197,400 |
| 2016 | $5,236 | $384,700 | $167,700 | $217,000 |
| 2015 | $5,254 | $384,900 | $167,700 | $217,200 |
Source: Public Records
Agents Affiliated with this Home
-
Erika Mattson
-
Jack Brown
Buyer's Agent in 2020
Jack Brown
RE/MAX
(508) 284-5098
3 in this area
161 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72757129
APN: GLOU-000171-000036
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