7 New Way Ln Gloucester, MA 01930
West Gloucester NeighborhoodEstimated Value: $531,000 - $688,000
2
Beds
2
Baths
864
Sq Ft
$682/Sq Ft
Est. Value
About This Home
As of December 2013This 2BR Ranch is located on a side street in West Gloucester, convenient to Rt. 128. Built in 1972, this lovely home features a FP in the living room, a finished basement with 1/2 bath, three-season Family Room, an additional Bonus Room (perfect for guest bedroom or home office) and potential to be converted into an in-law suite. Fenced-in yard with 2 sheds and a back-up generator. New wood laminate floors in the bedrooms and living room, oversized stand-up shower in the bathroom, newer roof.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2013
Closed on
Dec 20, 2013
Sold by
Worthley Stanley W Est
Bought by
Burbine Michael
Seller's Agent
Mark Vadala
Vadala Real Estate
Buyer's Agent
Amy Wallick
Lamacchia Realty, Inc.
List Price
$319,900
Sold Price
$305,000
Premium/Discount to List
-$14,900
-4.66%
Total Days on Market
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,182
Avg. Annual Appreciation
6.40%
Original Mortgage
$299,475
Interest Rate
4.15%
Mortgage Type
FHA
Purchase Details
Closed on
May 6, 2010
Sold by
Worthley Stanley W and Worthley Janette P
Bought by
Worthley Stanley W
Similar Homes in Gloucester, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burbine Michael | $305,000 | -- | |
| Worthley Stanley W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burbine Michael | $298,000 | |
| Closed | Burbine Michael | $299,475 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2013 12/20/13 | Sold | $305,000 | 0.0% | $353 / Sq Ft |
| 12/09/2013 12/09/13 | Pending | -- | -- | -- |
| 11/03/2013 11/03/13 | Off Market | $305,000 | -- | -- |
| 10/17/2013 10/17/13 | For Sale | $319,900 | -- | $370 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,660 | $478,900 | $171,000 | $307,900 |
| 2024 | $4,660 | $478,900 | $171,000 | $307,900 |
| 2023 | $4,688 | $442,700 | $152,700 | $290,000 |
| 2022 | $4,441 | $378,600 | $132,800 | $245,800 |
| 2021 | $4,506 | $362,200 | $120,700 | $241,500 |
| 2020 | $4,185 | $339,400 | $120,700 | $218,700 |
| 2019 | $4,145 | $326,600 | $120,700 | $205,900 |
| 2018 | $4,082 | $315,700 | $120,700 | $195,000 |
| 2017 | $3,979 | $301,700 | $115,000 | $186,700 |
| 2016 | $3,823 | $280,900 | $120,000 | $160,900 |
| 2015 | $3,770 | $276,200 | $120,000 | $156,200 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Vadala
Seller's Agent in 2013
Mark Vadala
Vadala Real Estate
(978) 490-0939
6 in this area
50 Total Sales
-
Amy Wallick
Buyer's Agent in 2013
Amy Wallick
Lamacchia Realty, Inc.
(978) 767-0889
3 in this area
92 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71598220
APN: GLOU-000228-000032
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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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