NOT LISTED FOR SALE

8 Old Farm Ln Gloucester, MA 01930

Estimated Value: $896,000 - $1,319,000

5 Beds
3 Baths
2,162 Sq Ft
$509/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2019

Last sale price $505,000 $234 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $6,757 / mo

5 Days on Market

Highlights

  • Bay View
  • Attic
  • Porch
  • Deck
  • Balcony
  • Central Vacuum

About This Home

As of August 2019

Priced for a quick sale! Converted barn offers views of Ipswich Bay and Crane's Beach! 4-5 bedrooms, large 3rd floor with balconies on both ends offers potential for master bedroom suite or rec room. Several oceanview decks, 2 car garage with spacious adjacent workshop is ideal for contractors, lobstermen or additional family room or bedroom. In need of renovation but well worth it as neighbors house sold last year for $850,000.

Last Agent to Sell the Property

Michael Beaton

Churchill Properties Listed on: 07/05/2019

Last Buyer's Agent

Kristina Vamvouklis

J. Barrett & Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • Year Round Access
  • Property is zoned R-20

Parking

  • 2 Car Garage

Interior Spaces

  • Central Vacuum
  • Bay Views
  • Attic
  • Basement

Outdoor Features

  • Balcony
  • Deck
  • Storage Shed
  • Porch

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:0143 B:0064 L:0000

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Gambrel /Dutch, Farmhouse
  • Other Agent: 1.00
  • Year Built Description: Unknown/Mixed
  • List Price Per Sq Ft: 230.80
  • Comp Based On: Net Sale Price
  • Year Built: 1976
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Interior Amenities: Central Vacuum, Cable Available, Walk-up Attic
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: Second Floor
  • Bedroom 3: On Level: First Floor
  • Bedroom 4: On Level: First Floor
  • Bedroom 5: On Level: Third Floor
  • Full Bathrooms: 3
  • Bathroom 1: On Level: First Floor
  • Bathroom 2: On Level: Second Floor
  • Bathroom 3: On Level: Third Floor
  • No Rooms: 10
  • Family Room: On Level: Second Floor, Dimension: 19X13, Wood / Coal / Pellet Stove, Ceiling - Vaulted, Balcony / Deck
  • Kitchen: On Level: Second Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: Second Floor, Dimension: 28X23, Balcony / Deck
  • Basement: Y
  • Basement Features: Partial
  • Other Room 1: Name: Bonus Room, On Level: Third Floor, Dimension: 32X15, Balcony / Deck
  • Other Room 2: Name: Workshop, On Level: First Floor, Dimension: 20X20, Balcony / Deck
  • Main Lo: AN4851
  • Main So: C95098
  • Estimated Sq Ft: 2162.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Waterview Features: Bay, Walk to
  • Waterview Flag: Yes
  • Construction: Frame, Post & Beam
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Deck, Balcony, Storage Shed
  • Foundation: Granite
  • Insulation Feature: Fiberglass

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3
  • Garage Parking: Attached, Under, Garage Door Opener
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Heating: Hot Water Baseboard, Oil
  • Hot Water: Electric

Lot Info

  • Assessments: 583500.00
  • Acre: 0.30
  • Lot Size: 12855.00
  • Page: 465
  • Parcel Number: M:0143 B:0064 L:0000
  • Zoning: R-20
  • Lot Description: Easements, Scenic View(s)

Tax Info

  • Taxes: 7405.00
  • Assessor Parcel Number: 4036974

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Aug 30, 2019
Sold by
Tocantins Michael J and Tocantins Teresa
Bought by
Budak Aaron M and Budak Barbara J
Seller's Agent
Michael Beaton
Churchill Properties
Buyer's Agent
Kristina Vamvouklis
J. Barrett & Company
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%
Current Estimated Value
$1,100,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,826
Avg. Annual Appreciation
12.33%
Original Mortgage
$541,660
Outstanding Balance
$476,381
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$624,445

Purchase Details

Closed on
Jan 29, 2009
Sold by
Tocantins Teresa
Bought by
Tocantins Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Budak Aaron M $505,000 --
Tocantins Teresa -- --
Tocantins Teresa $330,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Budak Aaron M $541,660
Previous Owner Tocantins Teresa $293,100
Previous Owner Tocantins Teresa $304,200
Previous Owner Tocantins Teresa $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $505,000 +1.2% $234 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $499,000 -- $231 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $9,599 $987,600 $296,100 $691,500
2024 $9,471 $973,400 $281,900 $691,500
2023 $9,057 $855,200 $251,800 $603,400
2022 $8,704 $742,000 $214,100 $527,900
2021 $8,392 $674,600 $194,500 $480,100
2020 $7,287 $591,000 $194,500 $396,500
2019 $7,405 $583,500 $194,500 $389,000
2018 $7,246 $560,400 $194,500 $365,900
2017 $7,020 $532,200 $185,300 $346,900
2016 $6,839 $502,500 $185,900 $316,600
2015 $6,574 $481,600 $185,900 $295,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72529556

MLS Property Information Network (MLS PIN)

APN: GLOU-000143-000064

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