Sold
Last Sold Price
3 beds1,694 sqft$264/sqft
16 Lake Rd, Gloucester, MA 01930
Single FamilyProperty Type
0.35 acresLot Size
1920Year Built
$264/sq ftPrice per sq ft
4 carsParking Spaces

Description

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...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.
  • Listed by: Erika Mattson • Keller Williams Realty Evolution
Listing closed: 12/22/2020 12:00 AM • Source: MLS PIN, MLS#: 72757129

Recent comparable sales

Median sold price

$565,000

Avg days on market

28

Sale-to-list ratio

101.9%

Gloucester, MA

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Location

Listing Courtesy of Keller Williams Realty Evolution, Erika Mattson

Sold By Sagan Harborside Sotheby's International Realty, The Murray Brown Group

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$2,704 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,276

Property Taxes

$428

HOA Dues

$0

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Property Information for 16 Lake Road

Property Details
  • Taxes: $5,141 / year
  • MLS Type: Single Family / Detached
  • County: Essex County
  • Town: Gloucester
  • MLS Area: Magnolia
  • Area: MA-Gloucester-Magnolia, MA-Gloucester
  • Architectural Style: Cape
  • Style: Cape
  • Garage Spaces: 0
  • Parking Spaces Total: 4
Building Information
  • Year Built: 1920
  • Lot Size: 0.35 AC / 15,246 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Conservation Area
  • Current Financing: Cash
  • Living Area: 1694.0
  • Color: White
  • Property Attached: No
  • Single Family Type: Detached
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Other, Electric Water Heater, Tankless Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Basement Features: Walk Out, Unfinished Basement
  • Num of Baths: 1.0
  • Num of Full Baths: 1
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Integer: 1
  • FireplaceFeatures: Living Room
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Wood, Plywood, Vinyl, Other
  • Laundry Features: Flooring - Vinyl, Washer Hookup, First Floor
Exterior Features
  • Construction: Frame, See Remarks
  • Lot Description: Easements
  • Patio And Porch Features: Porch - Enclosed
  • View: Scenic View(s)
  • View: Yes
  • Waterfront Features: Beach Front, Lake/Pond, Ocean, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterview Features: Pond
Parking Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Garage: Yes
  • Garage Parking: Storage, Off-Street
  • Parking Features: Storage, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Fuses, Circuit Breakers, Knob & Tube Wiring
  • Heating: Oil
  • Heating: Yes
  • Sewer: Private Sewerage
  • Utility Connections: for Gas Range, for Gas Oven
  • Water: Public
Room Information
Primary Bedroom
  • Primary Bedroom Level: Second Floor
Bedroom 2
  • Bedroom2 Features: Flooring - Wood
  • Bedroom2 Level: First
Bedroom 3
  • Bedroom3 Features: Flooring - Wood
  • Bedroom3 Level: First
Bathroom 1
  • Bathroom1 Features: Bathroom - Full,Bathroom - With Tub & Shower
  • Bathroom1 Level: First
Dining Room
  • Dining Room Features: Flooring - Wood,Wainscoting
  • Dining Room Level: First
Kitchen
  • Kitchen Features: Flooring - Vinyl,Pantry
  • Kitchen Level: First
Living Room
  • Room Living Room Features: Flooring - Wood,Wainscoting
  • Room Living Room Level: First
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Disclosures: Knob & Tube. Betterment fee for Lake Rd improvements. Title V inspection by Seller. Property sold as is.
Tax Information
  • Listing Terms: Contract
  • Tax ID: 1902157
  • Assessments: $413,800
  • Book: 5112
  • Tax Year: 2020
  • Zoning: R-20
Building / Association Information
Living Characteristics
  • Beds Total: 3
Other Building Characteristics
  • Foundation: Stone, Granite
  • Cooling Zones: 0
  • Heat Zones: 1
Complex & Association Information
  • Adult Community: No
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 16 Lake Road

DateEvent & SourcePriceAppreciation
Dec 22, 2020

Sold

MLS PIN #72757129

$447,700
Nov 16, 2020

Under Agreement

MLS PIN #72757129

Nov 16, 2020

Contingent

MLS PIN #72757129

DateEvent & SourcePrice
12/22/2020

Sold

MLS PIN #72757129

$447,700
11/16/2020

Under Agreement

MLS PIN #72757129

11/16/2020

Contingent

MLS PIN #72757129

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Lake Road

Taxable ValueLand$276,500Additions$327,100Total$603,600
Tax Record2025$5,867 ($489 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,694 SqFtAbove Grade Finished SqFt1,694 SqFtUnfinished Basement SqFt620 SqFtStories2Lot Size17,152 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1920ZoningR-20CountyESSEXAPNGLOU M:0171 B:0036 L:0000

Schools near 16 Lake Road

This home is within Gloucester School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
West Parish Elementary School
PublicK to 5

Ralph B O'Maley Innovation Middle School
Public6 to 8

Gloucester High School
Public9 to 12

East Veterans Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 16 Lake Road, Gloucester, MA 01930
$447,700
3
1,694
15,246
$290,000
1
1,200
$220,000
1
688
40,180
$220,000
1
1
688
$100,000
3
2
1,430
11,856
$195,000
3
1,008
19,166

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty Evolution, Erika Mattson

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.