NOT LISTED FOR SALE

2 Folly Point Rd Gloucester, MA 01930

Estimated Value: $543,000 - $718,000

1.42 Acres
$434,944 Price per Acre
61,855 Sq Ft Lot

Last Sold January 10, 2025

Last sale price $2,350,000 $3,550 Per Sq Ft

Current estimated payment $3,865/month

388 Days on Market

Highlights

  • Scenic Views
  • No HOA
  • Gentle Sloping Lot
  • Waterfront

About This Lot

As of January 2025

The only buildable, oceanfront parcel of land currently available for sale on the North Shore. Located in Gloucester’s Folly Cove on Folly Point Road with panoramic, bold ocean views towards Halibut Point State Park and Maine. This elevated, dramatic site features an approval not required (ANR) building lot on 1.19± acres. The city sewer and electricity are at located at the street. This beautiful oceanfront parcel of land is perched high above sea level; feel the breeze of the Atlantic Ocean while enjoying marine life and panoramic vistas. A once in a lifetime opportunity to build your dream house in this very private area on Cape Ann with unobstructed ocean views.

Last Agent to Sell the Property

Lanse Robb

LandVest, Inc., Manchester -by-the-Sea Listed on: 12/11/2023

Co-Listed By

Sophie Soman

LandVest, Inc., Manchester -by-the-Sea

Last Buyer's Agent

Lanse Robb

LandVest, Inc., Manchester -by-the-Sea Listed on: 12/11/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,208

Year Built

  • 1795

Lot Details

  • 1.42 Acre Lot
  • Waterfront
  • Gentle Sloping Lot
  • Property is zoned R-20

Property Views

  • Scenic Vista Views

Listing and Financial Details

  • Assessor Parcel Number M:0147 B:0009 L:0000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$22,208

Year Built

1795

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Year Built (Public Record): 1795

Interior Features

  • MAIN LO: C03800
  • MAIN SO: C03800

Exterior Features

  • Home Warranty YN: No
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, Ocean
  • Waterfront YN: Yes

Utilities

  • Sewer: At Street
  • Gas: Other (See Remarks)
  • Electric: At Street
  • Water Source: At Street

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0147 B:0009 L:0000
  • Zoning: R-20
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 1.42
  • Lot Size Area: 1.42
  • Lot Size Sq Ft: 61855
  • Lot Size Units: Acres
  • PAGE: 540
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 22208
  • Tax Book Number: 6147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2002
Sold by
Bentley Alexander T and Bentley Tanya G
Bought by
Brackley Judith R
Total Days on Market
388
Current Estimated Value
$617,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.17%
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
Brackley Judith R $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brackley Judith R $229,000
Closed Brackley Judith R $232,000
Closed Brackley Judith R $35,000
Closed Brackley Judith R $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $2,350,000 -32.9% $3,550 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
06/14/2024 06/14/24 For Sale $3,500,000 +48.9% $5,287 / Sq Ft
06/11/2024 06/11/24 Off Market $2,350,000 -- --
12/11/2023 12/11/23 For Sale $3,500,000 -- $5,287 / 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 $4,983 $512,100 $231,700 $280,400
2024 $4,983 $512,100 $231,700 $280,400
2023 $4,632 $437,400 $206,900 $230,500
2022 $4,529 $386,100 $175,900 $210,200
2021 $4,455 $358,100 $159,900 $198,200
2020 $4,338 $351,800 $159,900 $191,900
2019 $4,053 $319,400 $159,900 $159,500
2018 $3,889 $300,800 $159,900 $140,900
2017 $3,737 $283,300 $152,300 $131,000
2016 $3,564 $261,900 $152,800 $109,100
2015 $3,468 $254,100 $152,800 $101,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73186630

MLS Property Information Network (MLS PIN)

APN: GLOU-000146-000002