NOT LISTED FOR SALE

40 New Way Ln Gloucester, MA 01930

West Gloucester Neighborhood

Estimated Value: $768,000 - $852,722

4 Beds
2 Baths
2,784 Sq Ft
$297/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $378,500 $136 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,921/month

106 Days on Market

About This Home

As of June 2014

Looking for space both in the house and the land? Love today's large furniture, but can't fit it into where you are? Love winter sports and toys, but don't have a place to store what you need? Enjoy riding a "quad"? Interested in planting your own garden? Want some seclusion and privacy but not too far away from it all? Then visit this property. The small original house was expanded in 1986, 1989 and in 2001 and has become a beautiful four bedroom, two bath home. Spacious, open living area with access to a deck overlooking the yard and play area and it's the perfect layout for parties and entertaining. MBTA station and West Parish School are nearby - the school is slated for demolition this year to make room for a new elementary school. If your days are stressful, then make this your home.

Last Agent to Sell the Property

Ruth Pino

RE/MAX Beacon Listed on: 02/19/2014

RE/MAX Beacon

Last Buyer's Agent

Ruth Pino

RE/MAX Beacon Listed on: 02/19/2014

RE/MAX Beacon

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,161

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Wooded
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Has Basement: No
  • Number of Rooms: 7
  • Electric: 220 Volts, Circuit Breakers, 200 Amps
  • Energy: Insulated Windows
  • Flooring: Tile, Vinyl, Hardwood
  • Insulation: Fiberglass
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor, 15X10
  • Bedroom 3: Second Floor, 17X11
  • Bedroom 4: Second Floor, 15X11
  • Bathroom #1: First Floor, 7X8
  • Bathroom #2: Second Floor, 7X7
  • Kitchen: First Floor, 26X20
  • Laundry Room: First Floor, 10X7
  • Living Room: First Floor, 28X19
  • Master Bedroom: Second Floor, 19X14
  • Master Bedroom Description: Closet, Flooring - Wall to Wall Carpet
  • Family Room: First Floor, 21X20

Exterior Features

  • Frontage: 230
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Deck
  • Foundation: Poured Concrete, Concrete Block

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Hot Water: Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2014
Closed on
Jun 30, 2014
Sold by
Gobeil Arthur J and Gobeil Jacqueline
Bought by
Klopotoski Timothy and Hlopotoski Jamie G
Seller's Agent
Ruth Pino
RE/MAX Beacon
Buyer's Agent
Ruth Pino
RE/MAX Beacon
List Price
$398,000
Sold Price
$378,500
Premium/Discount to List
-$19,500
-4.9%
Current Estimated Value
$826,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,681
Avg. Annual Appreciation
7.13%
Original Mortgage
$359,575
Outstanding Balance
$274,196
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$551,985
Source: Public Records

Range of Values:

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Average Value
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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
Klopotoski Timothy $378,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klopotoski Timothy $359,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $378,500 0.0% $136 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
04/23/2014 04/23/14 Off Market $378,500 -- --
04/18/2014 04/18/14 Price Changed $389,000 -2.3% $140 / Sq Ft
04/01/2014 04/01/14 For Sale $398,000 +5.2% $143 / Sq Ft
02/27/2014 02/27/14 Off Market $378,500 -- --
02/19/2014 02/19/14 For Sale $398,000 -- $143 / 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 $7,161 $736,700 $238,900 $497,800
2024 $7,058 $725,400 $227,600 $497,800
2023 $6,750 $637,400 $203,100 $434,300
2022 $6,529 $556,600 $176,700 $379,900
2021 $6,298 $506,300 $160,800 $345,500
2020 $6,285 $509,700 $160,800 $348,900
2019 $6,071 $478,400 $160,800 $317,600
2018 $5,897 $456,100 $160,800 $295,300
2017 $5,710 $432,900 $153,100 $279,800
2016 $5,633 $413,900 $159,800 $254,100
2015 $5,369 $393,300 $159,800 $233,500
Source: Public Records

Agents Affiliated with this Home

  • Ruth Pino

    Seller's Agent in 2014

    Ruth Pino

    RE/MAX

    (978) 764-6710

    13 in this area

    119 Total Sales

    Ruth Pino
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71635146

MLS Property Information Network (MLS PIN)

APN: GLOU-000221-000040

Massachusetts Essex County Gloucester 01930 West Gloucester

40 New Way Ln, Gloucester, MA

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