NOT LISTED FOR SALE

507 Washington St Gloucester, MA 01930

Estimated Value: $649,000 - $841,000

3 Beds
1 Bath
1,602 Sq Ft
$458/Sq Ft Est. Value

Last Sold March 07, 2017

Last sale price $315,000 $197 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $4,390/month

118 Days on Market

About This Home

As of March 2017

Three bedroom 1 bath colonial located in the Riverdale section of Gloucester. Beautiful views of the Mill River and Ipswich Bay from the front porch and master bedroom. A sliding door in the dining room leads to a good sized deck and nice back and side yard for entertaining. There is a finished walk-up attic and heated basement not included in the square footage. Come with your ideas!! Many possibilities! This a great opportunity to build some sweat equity!

Last Agent to Sell the Property

Jack Brown

RE/MAX Beacon Listed on: 10/04/2016

RE/MAX Beacon

Last Buyer's Agent

Jack Brown

RE/MAX Beacon Listed on: 10/04/2016

RE/MAX Beacon

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,999

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Scenic View(s)
  • Property Type: Single Family
  • Other Agent: 1.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: 100 Amps
  • Basement: Full, Walk Out

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Pool - Above Ground, Fenced Yard
  • Foundation: Irregular
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:0110 B:0033 L:0000
  • Zoning: R3

Multi Family

  • Waterview: Bay, River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2016
Closed on
Mar 7, 2017
Sold by
Kerepka Richard E and Kerepka Jamie R
Bought by
Lipman Roger A and Lipman Jasmine M
Seller's Agent
Jack Brown
RE/MAX Beacon
Buyer's Agent
Jack Brown
RE/MAX Beacon
List Price
$339,000
Sold Price
$315,000
Premium/Discount to List
-$24,000
-7.08%
Current Estimated Value
$733,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,627
Avg. Annual Appreciation
10.38%
Original Mortgage
$200,000
Outstanding Balance
$165,481
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$568,146

Purchase Details

Closed on
Oct 1, 1977
Bought by
Kerepka Richard E and Kerepka Mary Ann
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
Lipman Roger A $315,000 --
Kerepka Richard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipman Roger A $200,000
Previous Owner Kerepka Richard E $39,000
Previous Owner Kerepka Richard E $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2017 03/07/17 Sold $315,000 -7.1% $197 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
12/11/2016 12/11/16 Price Changed $339,000 0.0% $212 / Sq Ft
12/11/2016 12/11/16 For Sale $339,000 -2.9% $212 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $349,000 -- $218 / 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 $5,999 $616,500 $146,600 $469,900
2024 $5,999 $616,500 $146,600 $469,900
2023 $5,750 $543,000 $130,900 $412,100
2022 $5,587 $476,300 $113,800 $362,500
2021 $5,406 $434,600 $103,500 $331,100
2020 $5,352 $434,100 $103,500 $330,600
2019 $5,118 $403,300 $103,500 $299,800
2018 $4,196 $324,500 $103,500 $221,000
2017 $4,001 $303,300 $98,600 $204,700
2016 $3,910 $287,300 $102,900 $184,400
2015 $3,741 $274,100 $102,900 $171,200
Source: Public Records

Agents Affiliated with this Home

  • Jack Brown

    Seller's Agent in 2017

    Jack Brown

    RE/MAX

    (508) 284-5098

    158 Total Sales

    Jack Brown
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72077011

MLS Property Information Network (MLS PIN)

APN: GLOU-000110-000033

Massachusetts Essex County Gloucester 01930

507 Washington St, Gloucester, MA

This home is located at 507 Washington St, Gloucester, MA 01930 since 04 October 2016 and is currently estimated at $733,627, approximately $457 per square foot. This property was built in 1915. 507 Washington St is a home located in Essex County with nearby schools including Beeman Memorial, 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.

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