NOT LISTED FOR SALE

8 Sumac Dr Essex, MA 01929

Estimated Value: $1,047,000 - $1,560,442

2 Beds
1 Bath
1,086 Sq Ft
$1,265/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $500,000 $460 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $8,643/month

27 Days on Market

Highlights

  • Bay View
  • Deck
  • Wood Flooring
  • Manchester Essex Regional High School Rated A
  • Wood Burning Stove
  • Electric Baseboard Heater

About This Home

As of June 2020

Don't miss this once in a lifetime opportunity to build or renovate on a nearly 3 acre lot filled with privacy and tranquility. Located in the highly sought-after area of Conomo Point, this picturesque property sits at the end of Sumac Street views of the Essex River. At high tide, the marsh fills in and offers a private, secluded waterfront experience with the ability to kayak from the edge of your property. This is a rare opportunity to own year round land on Conomo Point and will not last! A gently slope leads you up from marsh edge creating an ideal lot without flooding concerns. You also have a possibility to simply renovate existing cozy 2/3 bedroom cottage to make a waterfront retreat. Showings begin immediately.

Last Agent to Sell the Property

Syndi Zaiger

Compass Listed on: 03/21/2020

Compass

Last Buyer's Agent

Syndi Zaiger

Compass Listed on: 03/21/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,890

Year Built

  • Built in 1960

Lot Details

  • Property fronts a marsh
  • Year Round Access
  • Property is zoned RS2

Parking

  • 2 Car Garage

Property Views

  • Bay
  • River

Interior Spaces

  • Wood Burning Stove
  • Wood Flooring
  • Range
  • Basement

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:110 L:5

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,890

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Ranch
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 575.51
  • Comp Based On: Net Sale Price
  • Year Built: 1960
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Fireplaces: 1
  • Flooring: Wood
  • Appliances: Range, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Deck - Exterior
  • Bedroom 2: On Level: First Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 4
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor
  • Basement: Y
  • Basement Features: Crawl
  • Main Lo: AN2383
  • Main So: AN2383
  • Estimated Sq Ft: 1086.00

Exterior Features

  • Beach Ownership: Public
  • Waterfront: Access, Direct Access, Marsh
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Waterfront Flag: Yes
  • Waterview Features: Bay, Marsh, River
  • Waterview Flag: Yes
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior Features: Deck - Wood
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Unpaved Driveway
  • Parking Spaces: 4
  • Garage Parking: Detached
  • Garage Spaces: 2

Utilities

  • Sewer: Private Sewerage
  • Water: Private Water
  • Heating: Electric Baseboard, Electric, Wood Stove
  • Hot Water: Electric

Schools

  • Elementary School: Essex Elementar
  • Middle School: Manch Essex
  • High School: ME High

Lot Info

  • Assessments: 415000.00
  • Acre: 2.72
  • Lot Size: 118570.00
  • Page: 529
  • Parcel Number: M:110 L:5
  • Zoning: RS2
  • Lot Description: Scenic View(s)

Green Features

  • Energy Features: Solar Features

Tax Info

  • Taxes: 6379.00
  • Assessor Parcel Number: 1886725

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hastings Stephanie A $300,000
Closed Erhard Pierre $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $500,000 -20.0% $460 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
03/21/2020 03/21/20 For Sale $625,000 +1462.5% $576 / Sq Ft
01/29/2013 01/29/13 Sold $40,000 0.0% $37 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $40,000 -- $37 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $13,890 $1,069,300 $421,300 $648,000
2024 $13,520 $1,015,000 $399,600 $615,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72636656

MLS Property Information Network (MLS PIN)

APN: ESSE-000110-000000-000005