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3 Lake Rd, Gloucester, MA 01930

$993,000
Last sold 12/28/2020 for $505K
5
bed
2.5
bath
3,147
Sqft ($160/Sqft)

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About 3 Lake Rd

Property type House

Neighborhood

Year built 1920

HOA fee $0/month

Lot size 0.29 Acre

Movoto estimate

Property description

LENDER HAS APPROVED THE SHORT SALE. This is an attempt at a short sale. Property sold "AS IS" and subject to third party approval and seller's acceptance of terms. The buyer is responsible for obtaining and paying the final water bill and obtaining Smoke Certificate at their own cost and expense. The property will not qualify for FHA financing. Buyer to pay $5,000 third party processing fee at closing. The processing fee cannot be financed. House is located in a great Magnolia neighborhood. Some features include; new roof, new siding, new heating system, upgraded electrical, and newer windows. Upstairs needs TLC.

Listed by

Listing Agent - Debra L. Lovelace

Listing Office - Churchill Properties

Source: MLS Property Information Network, Inc.

MLS#72674186 • last updated 5 years ago

Movoto checked MLS Property Information Network, Inc. for data 7 minutes ago

Overview
Levels/Style	Colonial
Type	Single Family
SubType	Detached
MLS #	72674186
SqFt	3147
Status	Sold
Lot Size (Acre)	0.29
Property Tax	7853
Year Built	1920
Short Sale (Y/N)	Yes
Foreclosure (Y/N)	No

Interior
# Full Baths	2
# Half Baths	1
Total # of Bedrooms	5
Total # of Rooms	9
Basement	Partial
# Fireplaces	1

Exterior
Foundation	Poured Concrete
Exterior	Vinyl
Construction	Frame
Parking Desc	Off-Street
# Parking Spaces	5
Exterior Features	Patio
Lot Desc	Paved Drive

Amenities / Utilities
Electricity	200 Amps
Utilities: Hot Water	Oil
Water Source	City/Town Water

Location
Distance to Beach (mi.)	3/10 To 1/2 Mile
County	Essex
APN	M:0171 B:0019 L:0000, 1902145

$993K

Range: $665K-$1.32M

Last 30 days

Lower your payment with the loan terms that fit you.

Dec 2020
MLS # 72674186
Dec 28, 2020 Sold
$505,000
Nov 27, 2020 Under Agreement
—
Nov 13, 2020 Contingent
—
Nov 9, 2020 Price Changed
$505,000 (+1.2%)
Nov 9, 2020 Back On Market
—
Jul 9, 2020 Under Agreement
—
Jun 25, 2020 Contingent
—
Jun 15, 2020 Listed
$499,000

Year Property taxes Tax assessment
2025
$9,300

$955,800
2024
$9,300 +4.6%

$955,800 +13.81%
2023
$8,893 +5.7%

$839,800 +17.08%
2022
$8,414 +3.6%

$717,300 +9.88%
2021
$8,121 -0.4%

$652,800 -1.32%
2020
$8,156 +3.9%

$661,500 +6.9%
2019
$7,853 +3.0%

$618,800 +4.95%
2018
$7,624 +3.3%

$589,600 +5.32%
2017
$7,384 +3.2%

$559,800
2016
$7,156 +5.3%

—
2015
$6,794

—

3 Lake Rd
$505K
Magnolia
$1.13M +29% y/y
01930
$749K -54% y/y
Gloucester
$849K -17% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
30 Norman Ave, Gloucester, MA 01930	$753,000	3/1	1,390	0.01
28 Norman Ave, Gloucester, MA 01930	$895,000	3/1	2,995	0.01
4 Lake Rd, Gloucester, MA 01930	$755,000	3/2	1,454	0.04
7 Lake Rd, Gloucester, MA 01930	$784,000	3/1	1,596	0.04
5 Maple Rd, Gloucester, MA 01930	$1,322,000	3/2	2,457	0.04
32 Norman Ave, Gloucester, MA 01930	$649,000	2/1	864	0.04
21 Norman Ave, Gloucester, MA 01930	$779,000	3/2	1,339	0.04
23 Norman Ave, Gloucester, MA 01930	$747,000	3/1	1,257	0.04

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