NOT LISTED FOR SALE

24 Riggs Point Rd Gloucester, MA 01930

Estimated Value: $640,000 - $1,048,000

3 Beds
3 Baths
1,816 Sq Ft
$504/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $735,000 $405 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,502/month

41 Days on Market

Highlights

  • Ocean View
  • Bamboo Flooring
  • Garden
  • Deck
  • Patio
  • Central Heating

About This Home

As of September 2020

If you have ever dreamed of owning a home near the sea with spectacular water views of the Annisquam & Mill Rivers, the white sands of Wingaersheek Beach, and the waves of Ipswich Bay - then here is your chance! Deeded water access lends itself to swimming, fishing, digging clams, paddling out to Jones Creek - or just sitting back and enjoying the beauty of this lovely location. Watch extraordinary sunsets from the comfort of this beautiful home which features an open floor plans and offers views wherever you look! A fabulous kitchen with granite counter tops, glass front appliances. commercial grade gas stove and a custom stained glass windows leads directly into the dining and living room areas. Lovely bamboo floors, picture windows, a gas fire place offer easy one-level living. There is also a first floor bedroom and full bath. The 2nd level offers a guest bedroom, master bedroom with sliders to a deck and another full bath. There is a full guest suite on the lower level w/views

Last Agent to Sell the Property

Nancy Goodick

Advisors Living - Gloucester Listed on: 07/06/2020

Advisors Living - Gloucester

Co-Listed By

Roger Minton

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Ronn Huth

Buyers Choice Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,777

Year Built

  • Built in 1900

Lot Details

  • Property fronts a marsh
  • Garden
  • Property is zoned R-10

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • River

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Wood

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0112 B:0085 L:0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,777

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cottage
  • Other Agent: 1.00
  • Year Built Description: Renovated Since, Unknown/Mixed
  • List Price Per Sq Ft: 412.94
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Bamboo
  • Interior Amenities: Cable Available
  • Appliances: Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Closet - Walk-in, Balcony / Deck, Slider
  • Bedroom 2: On Level: Second Floor, Closet - Walk-in
  • Bedroom 3: On Level: First Floor, Flooring - Wood
  • Bedroom 4: On Level: Basement
  • Full Bathrooms: 3
  • Bathroom 1: On Level: First Floor, Bathroom - Full
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Skylight
  • Bathroom 3: On Level: Third Floor, Bathroom - Full
  • No Rooms: 7
  • Dining Room: On Level: First Floor, Flooring - Wood, Open Floor Plan
  • Kitchen: On Level: First Floor, Flooring - Wood, Window(s) - Stained Glass, Countertops - Stone/Granite/Solid, Main Level, Open Floor Plan, Remodeled, Gas Stove
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Fireplace, Flooring - Wood, Window(s) - Picture, Main Level, Open Floor Plan
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor, Exterior Access
  • Other Room 1: Name: Accessory Apt., On Level: Basement, Open Floor Plan
  • Main Lo: AN6181
  • Main So: C01900
  • Estimated Sq Ft: 1816.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Beach Ownership: Deeded Rights
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Frontage: 25.00
  • Waterview Features: Bay, Marsh, Ocean, River, Sound, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck, Deck - Wood, Patio, Garden Area
  • Foundation: Poured Concrete
  • Insulation Feature: Fiberglass

Garage/Parking

  • Parking Feature: Off-Street, Improved Driveway, Stone/Gravel
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Central Heat, Hot Water Baseboard, Gas
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station

Schools

  • Elementary School: Beeman
  • Middle School: O'Maley
  • High School: Gloucester

Lot Info

  • Assessments: 489200.00
  • Lot: 85
  • Acre: 0.07
  • Lot Size: 3049.00
  • Parcel Number: M:0112 B:0085 L:0000
  • Zoning: R-10
  • Lot Description: Easements, Gentle Slope, Scenic View(s)

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 6032.00
  • Assessor Parcel Number: 1899416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Sep 15, 2020
Sold by
Oconnell Kathleen A
Bought by
Knudsen James R and Knudsen Katherine A
Seller's Agent
Nancy Goodick
Advisors Living - Gloucester
Buyer's Agent
Ronn Huth
Buyers Choice Realty
List Price
$799,900
Sold Price
$735,000
Premium/Discount to List
-$64,900
-8.11%
Total Days on Market
41
Current Estimated Value
$914,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,619
Avg. Annual Appreciation
4.72%
Original Mortgage
$485,000
Outstanding Balance
$434,525
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$480,094
Source: Public Records

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Range of Values:

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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
Knudsen James R $735,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knudsen James R $485,000
Previous Owner Oconnell Kathleen A $937,500
Previous Owner Oconell Kathleen A $210,000
Previous Owner Oconnell Kathleen A $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $735,000 -2.0% $405 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/05/2020 08/05/20 Price Changed $749,900 -6.3% $413 / Sq Ft
07/06/2020 07/06/20 For Sale $799,900 -- $440 / 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 $7,777 $799,300 $402,600 $396,700
2024 $7,777 $799,300 $402,600 $396,700
2023 $7,482 $706,500 $359,500 $347,000
2022 $7,236 $616,900 $312,600 $304,300
2021 $6,287 $505,400 $229,000 $276,400
2020 $6,032 $489,200 $215,900 $273,300
2019 $5,815 $458,200 $215,900 $242,300
2018 $5,641 $436,300 $215,900 $220,400
2017 $5,471 $414,800 $205,600 $209,200
2016 $5,282 $388,100 $195,000 $193,100
2015 $4,780 $350,200 $201,700 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72685356

MLS Property Information Network (MLS PIN)

APN: GLOU-000112-000085