NOT LISTED FOR SALE

5 Locust Ln Gloucester, MA 01930

East Gloucester Neighborhood

Estimated Value: $612,000 - $967,000

2 Beds
1 Bath
720 Sq Ft
$1,059/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $225,000 $312 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $4,644/month

19 Days on Market

About This Home

As of August 2013

Walk to the beach. This 5 room 2 bedroom seasonal ranch is just around the corner from Eastern Point Beach (Niles Beach). Needs work to make this the perfect get away retreat. Property is being sold "as is". Sale includes 2 parcels #133-5 & #133-3

Last Agent to Sell the Property

Stephen Velonis

Coldwell Banker Realty - Lynnfield Listed on: 07/22/2013

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Paula Murphy

Coldwell Banker Realty - Manchester

Coldwell Banker Realty - Manchester

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,196

Year Built

1926

Lot Details

0

Listing Details

  • Lot Description: Level
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Has Basement: No
  • Fireplaces: 1
  • Number of Rooms: 5
  • Electric: Circuit Breakers

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Electric

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2017
Sold by
Adams Mark T and Adams Alison R
Bought by
Mark & Alison Adams Lt
Current Estimated Value
$762,533

Purchase Details

Listed on
Jul 22, 2013
Closed on
Aug 16, 2013
Sold by
Babcock Sally Est
Bought by
Adams Mark T and Adams Alison R
Seller's Agent
Stephen Velonis
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Paula Murphy
Coldwell Banker Realty - Manchester
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mark & Alison Adams Lt -- --
Adams Mark T $225,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $225,000 0.0% $313 / Sq Ft
08/10/2013 08/10/13 Pending -- -- --
07/31/2013 07/31/13 Off Market $225,000 -- --
07/22/2013 07/22/13 For Sale $249,900 -- $347 / 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 $5,196 $534,000 $341,500 $192,500
2024 $5,196 $534,000 $341,500 $192,500
2023 $5,148 $486,100 $304,800 $181,300
2022 $4,915 $419,000 $265,200 $153,800
2021 $4,855 $390,300 $241,000 $149,300
2020 $3,830 $310,600 $180,200 $130,400
2019 $3,794 $299,000 $180,200 $118,800
2018 $3,429 $265,200 $156,700 $108,500
2017 $2,922 $221,500 $117,600 $103,900
2016 $2,781 $204,300 $118,000 $86,300
2015 $2,756 $201,900 $118,000 $83,900
Source: Public Records

Agents Affiliated with this Home

  • Stephen Velonis

    Seller's Agent in 2013

    Stephen Velonis

    Coldwell Banker Realty - Lynnfield

    (978) 697-7855

    32 Total Sales

    Stephen Velonis
    Section Image
  • Paula Murphy

    Buyer's Agent in 2013

    Paula Murphy

    Coldwell Banker Realty - Manchester

    (978) 559-1465

    2 in this area

    40 Total Sales

    Paula Murphy
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71558960

MLS Property Information Network (MLS PIN)

APN: GLOU-000133-000005

Massachusetts Essex County Gloucester 01930 East Gloucester

5 Locust Ln, Gloucester, MA

This home is located at 5 Locust Ln, Gloucester, MA 01930 since 22 July 2013 and is currently estimated at $762,533, approximately $1,059 per square foot. This property was built in 1926. 5 Locust Ln is a home located in Essex County with nearby schools including East Gloucester Elementary School, Ralph B O'maley Middle School, and Gloucester High School.

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes