NOT LISTED FOR SALE

Estimated Value: $2,767,000 - $2,975,000

1.36 Acres
$2,093,373 Price per Acre
59,242 Sq Ft Lot

Last Sold January 31, 2017

Last sale price $525,000

Est. 442% increase in value since last sale

Current estimated payment $16,594/month

52 Days on Market

Highlights

  • Marina
  • Scenic Views
  • 1.36 Acre Lot
  • Golf Course Community
  • Waterfront
  • Wetlands on Lot

About This Lot

As of January 2017

Extraordinary opportunity to build on Eastern Point. This parcel has an approved 3-bedroom septic design. The 1.36+/- lot has approximately 260 feet of frontage on Toronto Avenue. The land has intriguing granite formations which could be incorporated into a stunning home design. There are lovely seasonal water views of Gloucester Harbor. The property is conveniently located close to Brace Cove, Niles Pond and the sands of private Raymond Beach. Exceptional birding and nature walks with many acres of Mass Audubon land on Eastern Point. Walk to the Breakwater, Eastern Point Lighthouse and EPYC.

Last Agent to Sell the Property

Scott Smith

Coldwell Banker Realty - Manchester Listed on: 01/02/2016

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Lillian Lograsso

J. Barrett & Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,366

Lot Details

  • 1.36 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned RC-40

Schools

  • East Gloucester Elementary School
  • O'maley Middle School
  • Gloucester High School

Additional Features

  • Scenic Vista Views
  • Property is near schools
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 1900521
  • Tax Block 54

Community Details

Overview

  • Property has a Home Owners Association
  • Near Conservation Area

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Walking Distance to Water
  • Electricity Available at Street
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,366

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • MAIN LO: an6181
  • MAIN SO: C58300

Exterior Features

  • Road Frontage Type: Private Road
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
  • Waterfront YN: Yes

Utilities

  • Sewer: Private Sewer
  • Gas: At Street
  • Electric: At Street
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 900
  • Association YN: Yes
  • Community Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Conservation Area, Marina, Private School
  • REQD OWN ASSOCIATION: Yes

Lot Info

  • Parcel Number: 1900521
  • Zoning: RC-40
  • Additional Parcels YN: No
  • Farm Land Area Units: Square Feet
  • Lot Features: Wetlands, Wooded
  • Lot Size Acres: 1.36
  • Lot Size Sq Ft: 59241.6
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • LOT SIZE: 59241
  • PERC TEST: Y
  • PERC TEST DATE: 2013-08-15T04:00:00.000Z

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1366.44
  • Tax Block: 54

MLS Schools

  • High School: Gloucester
  • Elementary School: East Gloucester
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 1975
Bought by
Herman Janet
Current Estimated Value
$2,846,987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herman Janet -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $525,000 -12.4% --
01/01/2017 01/01/17 Pending -- -- --
01/01/2016 01/01/16 For Sale $599,000 -- --
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 $20,658 $2,125,300 $1,025,900 $1,099,400
2024 $20,320 $2,088,400 $977,300 $1,111,100
2023 $19,208 $1,813,800 $833,000 $980,800
2022 $18,475 $1,575,000 $724,700 $850,300
2021 $16,829 $1,352,800 $660,200 $692,600
2020 $13,298 $1,078,500 $660,200 $418,300
2019 $8,332 $656,600 $629,500 $27,100
2018 $7,123 $550,900 $550,900 $0
2017 $8,108 $614,700 $614,700 $0
2016 $1,366 $100,400 $100,400 $0
2015 $7,845 $574,700 $574,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71944410

MLS Property Information Network (MLS PIN)

APN: GLOU-000136-000054