About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

16 Lake Rd, Gloucester, MA 01930

$722,000

Last sold 12/23/2020 for $447K

3
bed
1
bath
1,694
Sqft ($264/Sqft)

House not for sale

About 16 Lake Rd

Property type House

Neighborhood

Year built 1920

HOA fee $0/month

Lot size 0.35 Acre

Movoto estimate

Property 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 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

Listing Agent - Erika Mattson

Listing Office - Keller Williams Realty

Source: MLS Property Information Network, Inc.

MLS#72757129 • last updated 5 years ago

Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago

Overview
Levels/Style	Cape
Type	Single Family
SubType	Detached
MLS #	72757129
SqFt	1694
Status	Sold
Lot Size (Acre)	0.35
Property Tax	5140.84
Year Built	1920
Short Sale (Y/N)	No
Foreclosure (Y/N)	No

Interior
# Full Baths	1
Bathroom 1	Bathroom - Full, Bathroom - With Tub & Shower
Bedroom 3	Flooring - Wood
Bedroom 2	Flooring - Wood
Total # of Bedrooms	3
Total # of Rooms	7
Add'l Room 3	Other
Add'l Room 2	Other
Laundry	Flooring - Vinyl, Washer Hookup
Kitchen	Flooring - Vinyl, Pantry
Dining Room	Flooring - Wood, Wainscoting
Basement	Walk Out, Unfinished Basement
Add'l Room 1	Other
# Fireplaces	1
Interior Features	Fireplace, Flooring - Wood, Wainscoting

Exterior
Foundation	Fieldstone, Granite
Exterior	Clapboard, Wood
Construction	Frame, Other (See Remarks)
Garage/ Parking	Storage
Parking Desc	Off-Street
# Parking Spaces	4
Exterior Features	Porch - Enclosed
Lot Desc	Easements, Scenic View(s)

Amenities / Utilities
Electricity	Fuses, Circuit Breakers, Knob & Tube Wiring
Utility Connections	For Gas Range, for Gas Oven
Utilities: Hot Water	Electric, Tank
Water Source	City/Town Water
HOA Amenities	Public Transportation, Shopping, Walk/Jog Trails, Conservation Area

Location
Waterfront	Lake/Pond, Ocean, Walk To, Public
Distance to Beach (mi.)	1/2 To 1 Mile
View	Pond
Area	Magnolia
County	Essex
APN	1902157

Lot/ Land Details
Road Type	Paved

$722K

Range: $620K-$823K

Last 30 days

Lower your payment with the loan terms that fit you.

Dec 2020
MLS # 72757129
Dec 23, 2020 Sold
$447,700 (+10.0%)
Nov 13, 2020 Listed
$407,000

Year Property taxes Tax assessment
2025
$5,842

$600,400
2024
$5,842 +4.7%

$600,400 +13.93%
2023
$5,581 +10.4%

$527,000 +22.27%
2022
$5,056 -4.6%

$431,000 +1.13%
2021
$5,302 +3.9%

$426,200 +3.0%
2020
$5,102 +0.5%

$413,800 +3.4%
2019
$5,079 +1.6%

$400,200 +3.46%
2018
$5,001 +4.0%

$386,800 +6.09%
2017
$4,809 -8.2%

$364,600
2016
$5,236 -0.3%

—
2015
$5,254

—

16 Lake Rd
$447K
Magnolia
$1.04M +47% y/y
01930
$749K -54% y/y
Gloucester
$799K -27% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
18 Lake Rd, Gloucester, MA 01930	$576,000	3/2	1,430	0.03
12 Lake Rd, Gloucester, MA 01930	$808,000	3/2	1,918	0.04
23 Ocean Ave, Gloucester, MA 01930	$790,000	3/2	1,765	0.04
21 Ocean Ave, Gloucester, MA 01930	$716,000	2/1	1,152	0.05
29 Ocean Ave, Gloucester, MA 01930	$901,000	3/2	2,232	0.05
8 Maple Rd, Gloucester, MA 01930	$861,000	3/2	2,122	0.05
4 Maple Rd, Gloucester, MA 01930	$711,000	3/1	1,529	0.05
22 Lake Rd, Gloucester, MA 01930	$690,000	2/1	1,328	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.