NOT LISTED FOR SALE

5 Tufts Ln Gloucester, MA 01930

Estimated Value: $1,143,565 - $1,405,000

0.46 Acre
$2,723,676 Price per Acre
20,038 Sq Ft Lot

Last Sold May 08, 2013

Last sale price $132,500

Est. 846% increase in value since last sale

Current estimated payment $7,339/month

337 Days on Market

About This Lot

As of May 2013

Almost half acre lot in a tranquil setting just off of Bennett Street in a newer neighborhood. Set the house to look out over a beautiful wooded valley and enjoy the privacy of home and nature.

Last Agent to Sell the Property

Ruth Pino

RE/MAX Beacon Listed on: 05/07/2012

RE/MAX Beacon

Last Buyer's Agent

Ruth Pino

RE/MAX Beacon Listed on: 05/07/2012

RE/MAX Beacon

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,803

Lot Details

  • 0.46 Acre Lot
  • Street terminates at a dead end
  • Sloped Lot
  • Wooded Lot
  • Property is zoned R40

Schools

  • O'maley Middle School
  • GHS High School

Utilities

  • Natural Gas Not Available
  • Water Source Within 50 Feet

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number M:0115 B:0043 L:0000,1899527

Community Details

Overview

  • No Home Owners Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$1,803

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: C58300
  • MAIN SO: C58300

Exterior Features

  • Road Frontage Type: Dead End
  • Road Surface Type: Paved
  • Waterfront YN: No

Utilities

  • Sewer: Nearby
  • Gas: None
  • Electric: Nearby
  • Water Source: Public, Nearby

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0115 B:0043 L:0000,1899527
  • Zoning: R40
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped, Wooded, Lot Staked
  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Sq Ft: 20037.6
  • Lot Size Units: Acres
  • LOT SIZE: 20013
  • PAGE: 219
  • PERC TEST: N

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1803
  • Tax Book Number: 25978
  • Tax Lot: 43
  • Tax Map Number: 115

MLS Schools

  • High School: Ghs
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2014
Sold by
Titus Contracting Inc
Bought by
Mcnelly Kevin F and Mcnelly Ashley M
Current Estimated Value
$1,252,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$316,670
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$936,221

Purchase Details

Listed on
May 7, 2012
Closed on
May 9, 2013
Sold by
Bertolino Josiah J
Bought by
Titus Contracting Inc
Seller's Agent
Ruth Pino
RE/MAX Beacon
Buyer's Agent
Ruth Pino
RE/MAX Beacon
List Price
$179,900
Sold Price
$132,500
Premium/Discount to List
-$47,400
-26.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.78%
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
Mcnelly Kevin F $534,900 --
Titus Contracting Inc $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnelly Kevin F $417,000
Previous Owner Titus Contracting Inc $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2013 05/08/13 Sold $132,500 -26.3% --
04/08/2013 04/08/13 Pending -- -- --
05/06/2012 05/06/12 For Sale $179,900 -- --
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 $8,587 $882,500 $207,200 $675,300
2024 $8,587 $882,500 $207,200 $675,300
2023 $8,204 $774,700 $185,000 $589,700
2022 $7,942 $677,100 $160,800 $516,300
2021 $7,664 $616,100 $146,200 $469,900
2020 $7,830 $635,000 $146,200 $488,800
2019 $7,507 $591,600 $146,200 $445,400
2018 $7,326 $566,600 $146,200 $420,400
2017 $7,148 $541,900 $139,200 $402,700
2016 $7,030 $516,500 $145,200 $371,300
2015 $6,039 $442,400 $145,200 $297,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71378750

MLS Property Information Network (MLS PIN)

APN: GLOU-000115-000043