7 Ocean Ave Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $653,000 - $727,000
3
Beds
2
Baths
1,080
Sq Ft
$634/Sq Ft
Est. Value
About This Home
This home is located at 7 Ocean Ave, Gloucester, MA 01930 and is currently estimated at $684,879, approximately $634 per square foot. 7 Ocean Ave is a home located in Essex County with nearby schools including West Parish, Ralph B O'maley Middle School, and Gloucester High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 19, 2012
Sold by
Sutherland Eugene H and Sutherland Carol A
Bought by
E H Sutherland Sr Irt
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$20,731
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$664,148
Purchase Details
Closed on
Apr 22, 2008
Sold by
Sutherland Carol Ann and Sutherland Eugene H
Bought by
Sutherland Tr Eugene H
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| E H Sutherland Sr Irt | -- | -- | |
| Sutherland Tr Eugene H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sutherland Tr Eugene H | $30,000 | |
| Previous Owner | Sutherland Tr Eugene H | $30,000 | |
| Previous Owner | Sutherland Tr Eugene H | $45,000 | |
| Previous Owner | Sutherland Tr Eugene H | $30,000 |
Source: Public Records
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 | $5,614 | $577,600 | $247,800 | $329,800 |
| 2024 | $5,455 | $560,600 | $235,900 | $324,700 |
| 2023 | $5,463 | $515,900 | $210,700 | $305,200 |
| 2022 | $5,117 | $436,200 | $179,100 | $257,100 |
| 2021 | $5,127 | $412,100 | $162,800 | $249,300 |
| 2020 | $4,772 | $387,000 | $162,800 | $224,200 |
| 2019 | $4,736 | $373,200 | $162,800 | $210,400 |
| 2018 | $4,686 | $362,400 | $162,800 | $199,600 |
| 2017 | $4,560 | $345,700 | $155,000 | $190,700 |
| 2016 | $4,346 | $319,300 | $155,500 | $163,800 |
| 2015 | $4,260 | $312,100 | $155,500 | $156,600 |
Source: Public Records
Map
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