8 Island Rock Ln Gloucester, MA 01930
East Gloucester NeighborhoodEstimated Value: $2,441,000 - $3,618,000
5
Beds
2
Baths
2,242
Sq Ft
$1,365/Sq Ft
Est. Value
Highlights
- Ocean View
- Wood Flooring
- Porch
About This Home
As of July 20198 Island Rock Lane overlooks Gloucester's outer harbor where the sunsets are nothing short of spectacular and views of the coastline keep one riveted. Built atop a granite outcropping in 1912, this quintessential summer home is incomparable. Open airy rooms, hardwood floors throughout, and the most fabulous wrap around porch (all 4 sides!) allowing for outside enjoyment no matter what the weather, complete the charm of this summer paradise. If enjoying a sandy beach is your pleasure, lovely Niles Beach is a stone's throw away. Walk to Rocky Neck, Eastern Point, and all within a 1 hr drive to Boston! Breezy and Beautiful! Recently, this home received an exemption from FEMA due to its elevation - a rarity for oceanfront property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,544
Year Built
- Built in 1912
Lot Details
- 0.53
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Additional Features
- Ocean Views
- Porch
- Property is zoned R-10
- Propane Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2018
Closed on
Jul 1, 2019
Sold by
Jean D Rand 1998 T
Bought by
Katherine Jordan T
Seller's Agent
Barbara Dugan
Engel & Volkers By the Sea
Buyer's Agent
Gretchen Parker
Advisors Living - Gloucester
List Price
$2,095,000
Sold Price
$1,850,000
Premium/Discount to List
-$245,000
-11.69%
Total Days on Market
268
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
$1,209,804
Purchase Details
Closed on
Apr 24, 2019
Sold by
Island Rock Rt
Bought by
Rand William C
Purchase Details
Closed on
Apr 11, 2014
Sold by
Island Rock Rt
Bought by
Jean D Rand T
Purchase Details
Closed on
Feb 19, 2003
Sold by
Rand Abbott
Bought by
Island Rock Rt
Purchase Details
Closed on
Dec 1, 1970
Bought by
Rand William C
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Similar Homes in Gloucester, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Katherine Jordan T | $1,850,000 | -- | |
| Jean D Rand T | -- | -- | |
| Island Rock Rt | -- | -- | |
| Rand William C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Katherine Jordan T | $2,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2019 07/01/19 | Sold | $1,850,000 | -7.3% | $825 / Sq Ft |
| 05/31/2019 05/31/19 | Pending | -- | -- | -- |
| 02/28/2019 02/28/19 | Price Changed | $1,995,000 | -4.8% | $890 / Sq Ft |
| 09/05/2018 09/05/18 | For Sale | $2,095,000 | -- | $934 / 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 | $25,544 | $2,625,300 | $1,643,200 | $982,100 |
| 2024 | $25,544 | $2,625,300 | $1,643,200 | $982,100 |
| 2023 | $23,954 | $2,261,900 | $1,402,100 | $859,800 |
| 2022 | $19,202 | $1,637,000 | $1,220,100 | $416,900 |
| 2021 | $18,797 | $1,511,000 | $1,108,100 | $402,900 |
| 2020 | $17,793 | $1,443,100 | $1,108,100 | $335,000 |
| 2019 | $16,634 | $1,310,800 | $1,056,600 | $254,200 |
| 2018 | $16,289 | $1,259,800 | $1,030,800 | $229,000 |
| 2017 | $15,817 | $1,199,200 | $982,000 | $217,200 |
| 2016 | $15,338 | $1,127,000 | $938,400 | $188,600 |
| 2015 | $14,898 | $1,091,400 | $917,100 | $174,300 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Dugan
Seller's Agent in 2019
Barbara Dugan
Engel & Volkers By the Sea
(978) 317-9240
18 in this area
28 Total Sales
-
Gretchen Parker
Buyer's Agent in 2019
Gretchen Parker
Advisors Living - Gloucester
(978) 394-4708
5 in this area
46 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72388495
APN: GLOU-000133-000021
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.
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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