NOT LISTED FOR SALE

57 Locust Rd Orleans, MA 02653

Estimated Value: $808,000 - $904,350

2 Beds
1 Bath
1,381 Sq Ft
$604/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $830,000 $601 Per Sq Ft

Current estimated payment $5,019/month

26 Days on Market

Highlights

  • Property is near a marina
  • Medical Services
  • Deck
  • Orleans Elementary School Rated A-
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of November 2022

Don't miss this incredible and unique opportunity to purchase a 1.3+ acre property centrally located in the heart of Orleans. Situated in the Limited Business zone, and according to prevailing Orleans Zoning Special Regulation 164-31, with a special permit, this property may be suitable to accommodate 10+ residential units. Possibly up to 14 units if there is an affordable component to the development. Condominiums, apartments and multi-family are all viable options. This cleared and rolling site abuts the bike trail for added desirability and makes access to the beach and center of town a breeze. Currently, a two-bedroom, one bath home needing TLC occupies the property. Town sewer is already in place along Locust Road with individual site hook-ups scheduled to be available in the fall. Use as is, build a lovely new home or investigate the multi-unit option. Please note that all inquiries relative to commercial development potential should be addressed and confirmed by the town of Orleans. All engineering and site assessment work to be completed by the buyer. All information presented herein deemed reliable, but not guaranteed.

Last Listed By

Lisa Adams

Orleans Village Properties, LLC License #9506153 Listed on: 06/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,723

Year Built

  • Built in 1958

Lot Details

  • 1.39 Acre Lot
  • Gentle Sloping Lot
  • Yard
  • Property is zoned LB

Parking

  • Open Parking

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Pitched Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1,381 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Property is near a marina
  • Deck
  • Outbuilding

Location

  • Property is near place of worship
  • Property is near shops
  • Property is near a golf course

Utilities

  • No Cooling
  • Hot Water Heating System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26260

Community Details

Recreation

  • Bike Trail

Additional Features

  • No Home Owners Association
  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,723

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Has Basement: Walk-Out Access, Interior Entry, Full
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.39
  • Road Surface Type: Paved
  • Co List Office Mls Id: RLNS
  • Co List Office Phone: 508-255-1700
  • Directions: Heading East on Route 6A to Main Street, turn left onto Main Street and then right onto Locust Road. House is on the right. Third house after The Oaks.
  • Architectural Style: Cape
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer - Electric, Washer, Refrigerator, Water Heater
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Vinyl

Exterior Features

  • Exterior Features: Yard
  • Lot Features: Bike Path, School, Medical Facility, Major Highway, House of Worship, Near Golf Course, Cape Cod Rail Trail, Shopping, Marina, In Town Location, Gentle Sloping
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Property Condition: Actual
  • Roof: Asphalt, Pitched

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Unpaved, Stone/Gravel

Utilities

  • Sewer: Cesspool, Public Sewer
  • Cooling: None
  • Heating: Hot Water
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Laundry Room
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Nauset

Lot Info

  • Zoning: LB
  • Land Lease: No
  • Lot Size Sq Ft: 60548
  • Parcel #: 26260
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1958

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3723
  • Tax Book Number: (174998)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Nov 9, 2022
Sold by
Coulson Brian W Sr Est and Coulson
Bought by
Seaside Court Condo Llc
Seller's Agent
Lisa Adams
Orleans Village Properties, LLC
Buyer's Agent
Member Non
cci.unknownoffice
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Total Days on Market
26
Views
1
Current Estimated Value
$833,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,838
Avg. Annual Appreciation
0.18%

Purchase Details

Closed on
Nov 10, 2004
Sold by
Coulson Brian W and Young Florence E
Bought by
Coulson Brian W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.75%

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
Seaside Court Condo Llc $830,000 None Available
Seaside Court Condo Llc $830,000 None Available
Coulson Brian W -- --
Coulson Brian W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seaside Court Condo Llc $4,800,000
Previous Owner Coulson Brian W $585,000
Previous Owner Coulson Brian W $140,000
Previous Owner Coulson Brian W $55,000
Previous Owner Coulson Brian W $80,000
Previous Owner Young Florence E $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $830,000 -2.4% $601 / Sq Ft
09/18/2022 09/18/22 Off Market $850,000 -- --
07/20/2022 07/20/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $850,000 -- $615 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

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 $4,218 $676,000 $345,500 $330,500
2024 $4,182 $652,400 $338,700 $313,700
2023 $3,761 $603,700 $313,600 $290,100
2022 $3,724 $517,200 $313,600 $203,600
2021 $3,765 $480,200 $309,800 $170,400
2020 $3,474 $459,500 $296,900 $162,600
2019 $3,317 $448,200 $288,700 $159,500
2018 $2,863 $431,900 $283,100 $148,800
2017 $2,845 $449,500 $307,700 $141,800
2016 $2,870 $444,300 $305,200 $139,100
2015 $2,789 $434,400 $299,200 $135,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22203299

Cape Cod & Islands Association of REALTORS®

APN: ORLE-000260-000026