Katelyn Ciaramitaro
Responds Quickly
Engel & Volkers By the Sea
(978) 969-9322
28 Total Sales
1 in Magnolia
$342,500 Price
16 Lake Rd Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $686,000 - $760,617
3
Beds
1
Bath
1,694
Sq Ft
$427/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
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Home Details
Home Type
- Single Family
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2020
Closed on
Dec 15, 2020
Sold by
Loring A Vook Jr T A and Loring Cook
Bought by
Seller's Agent
Erika Mattson
Keller Williams Realty Evolution
Buyer's Agent
Jack Brown
RE/MAX Beacon
List Price
$407,000
Sold Price
$447,700
Premium/Discount to List
$40,700
10%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,454
Avg. Annual Appreciation
8.79%
Original Mortgage
$267,700
Outstanding Balance
$233,342
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$490,812
Purchase Details
Closed on
Oct 1, 1963
Bought by
Murtha Cullina Llp and Cook, Loring A
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnolia, MA
-
Katelyn Ciaramitaro
-
Claudette Forbes
Claudette Forbes
LAER Realty Partners
(978) 459-1434
25 Total Sales
1 in Magnolia
$410,000 Price
-
Deborah Evans
Deborah Evans
J. Barrett & Company
(351) 215-0813
110 Total Sales
1 in Magnolia
$1,200,000 Price
-
Kelly Blagden
Kelly Blagden
Churchill Properties
(351) 207-3384
16 Total Sales
2 in Magnolia
$313K - $1.2M Price Range
-
Pete Castrichini
Pete Castrichini
Barry Realty Group
(978) 416-5699
25 Total Sales
1 in Magnolia
$450,000 Price
-
Gary Blattberg
Gary Blattberg
Responds QuicklyRE/MAX Beacon
(978) 972-4693
120 Total Sales
1 in Magnolia
$1,300,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $447,700 | None Available | ||
| Murtha Cullina Llp | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $267,700 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,867 | $603,600 | $276,500 | $327,100 |
| 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
Seller's Agent in 2020
Erika Mattson
Keller Williams Realty Evolution
(978) 559-1821
11 Total Sales
-
Jack Brown
Buyer's Agent in 2020
Jack Brown
RE/MAX
(508) 284-5098
1 in this area
148 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72757129
APN: GLOU-000171-000036
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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