See Home Value
$447,700
● House - Off Market

16 Lake Road

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,694 Ft²
$534,732
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Fantastic opportunity to become the next steward of this property on serene Lake Road, which has been owned by one family for 100 years. Enjoy the active local community and what the village of Magnolia has to offer. From the seaside scenery along Shore Road to Gray's Beach which is part of the Coolidge Reservation to Lexington Ave with its eateries, shops and library. This home has an ideal layout and lends itself nicely to multigenerational living, with two bedrooms and one full bath on the first floor. Enjoy views out onto West Pond from paneled dining room and living room, with direct access to the very spacious enclosed porch also facing the pond. Ample second floor bedroom, separate storage or office space and bonus room which could function as an additional bath. Property can also be accessed from Ocean Ave and is just minutes away to Rt.128. Home needs updating and price reflects condition.
Unit Size
1,694 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$240
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1920

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Last updated: 5 years ago (MLSPIN #72757129)

Price History

Date / Event Date Event Price
Dec 22, 2020 Sold
Sold
Nov 13, 2020 Listed by Sagan Harborside Sotheby's International Realty $407,000
Listed by Sagan Harborside Sotheby's International Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 620
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,152
  • Total Building Area: 1,694
  • Gross Building Area: 3,446
  • Building Area: 1,694
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,694
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000394
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221901

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0171 B:0036 L:0000
  • Block: 36
  • Municipality: GLOUCESTER
  • Latitude: 42.5794
  • Longitude: -70.71

    Address

  • Full Address: 16 Lake Rd
  • Address - House Number: 16
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C025
  • 4-Digit Zip Code: 5235
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $584,200

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 644,507
  • High Value: 763,825
  • Low Value: 525,189

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,400
  • Assessed Land Value: $263,300
  • Assessed Improvements Value: $337,100

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201222001200
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gloucester


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Frequently Asked Questions

When was property at 16 Lake Road built and last sold?
The property at 16 Lake Road was built in 1920 and last sold on Dec 15, 2020 for $447,700.
How much is this home worth?
The estimated value of the home located at 16 Lake Road is $0.
What are some comparable homes to 16 Lake Road?
There are currently no comparable homes to 16 Lake Road.