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.
Single-familyProperty Type
1920Year Built
0.29 acresLot Size
$234Est. Price/Sq.Ft.
5 spacesParking
Listed by Debra Lovelace• Churchill Properties
Bought with Deborah Schwarz• Cameron Prestige, LLC
This is a Colonial style home built in 1920. It's a home with lots of charm and character and great bones but is in need of a lot of work to be livable. Some of the big jobs have already been done such as the heating system and roof but it will...
probably need a septic system and the entire upstairs needs to be completed. It's located on a a pretty tree lined street and has an attractive yard.
6 years ago• May not reflect the current state of the home
Joe Petrucci
Redfin Associate agent
Sale history for 3 Lake Rd
Date
Event
Price
MLS PIN #72674186
Dec 28, 2020
Sold
$505,000
$160/sq ft
Nov 13, 2020
Contingent
—
Nov 9, 2020
Price Changed
$505,000
$160/sq ft
Nov 9, 2020
Relisted
—
Jun 25, 2020
Contingent
—
Jun 15, 2020
Listed
$499,000
$159/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$8,893 (+5.7%)
$217,400 + $622,400
$839,800
2022
$8,414 (+3.6%)
$184,800 + $532,500
$717,300
2021
$8,121 (−0.4%)
$168,000 + $484,800
$652,800
2020
$8,156 (+3.9%)
$168,000 + $493,500
$661,500
2019
$7,853 (+3.0%)
$168,000 + $450,800
$618,800
2018
$7,624 (+3.3%)
$168,000 + $421,600
$589,600
2017
$7,384 (+3.2%)
$160,000 + $399,800
$559,800
2016
$7,156 (+5.3%)
$160,500 + $365,300
$525,800
2015
$6,794 (+7.9%)
$160,500 + $337,200
$497,700
2014
$6,294 (+2.4%)
$160,500 + $324,400
$484,900
2013
$6,147 (+1.7%)
$157,900 + $329,200
$487,100
2012
$6,046 (+5.9%)
$161,200 + $335,200
$496,400
2011
$5,709 (+5.8%)
$169,600 + $335,200
$504,800
2010
$5,398 (+1.3%)
$173,100 + $341,500
$514,600
2009
$5,327
$182,100 + $372,800
$554,900
Tax history for 3 Lake Rd
Year
Property tax
Land + Additions
Assessment*
2023
$8,893 (+5.7%)
$217,400 + $622,400
$839,800
2022
$8,414 (+3.6%)
$184,800 + $532,500
$717,300
2021
$8,121 (−0.4%)
$168,000 + $484,800
$652,800
2020
$8,156 (+3.9%)
$168,000 + $493,500
$661,500
2019
$7,853 (+3.0%)
$168,000 + $450,800
$618,800
2018
$7,624 (+3.3%)
$168,000 + $421,600
$589,600
2017
$7,384 (+3.2%)
$160,000 + $399,800
$559,800
2016
$7,156 (+5.3%)
$160,500 + $365,300
$525,800
2015
$6,794 (+7.9%)
$160,500 + $337,200
$497,700
2014
$6,294 (+2.4%)
$160,500 + $324,400
$484,900
2013
$6,147 (+1.7%)
$157,900 + $329,200
$487,100
2012
$6,046 (+5.9%)
$161,200 + $335,200
$496,400
2011
$5,709 (+5.8%)
$169,600 + $335,200
$504,800
2010
$5,398 (+1.3%)
$173,100 + $341,500
$514,600
2009
$5,327
$182,100 + $372,800
$554,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.29 Acres
Year renovated
—
Sq. Ft.
3,023
Year built
1920
Style
Single Family Residential
County
Essex County
APN
1902145
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 5
Parking Features: Paved Drive, Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (Half): 1
Basement Information
Basement: Partial
Fireplace Information
Has Fireplace
# of Fireplaces (Total): 1
Interior Features
# of Rooms (Total): 9
Exterior
Building Information
Building Area (Total): 3,147
Foundation Details: Concrete Perimeter
Construction Materials: Frame
Year Built Source: Public Records
Year Built Details: Actual
Exterior Features
Patio And Porch Features: Patio
Exterior Features: Patio
Property Information
Accessibility Features: No
PropertySubType: Single Family Residence
Lot Information
Lot Size (Acres): 0.29
Financial
Tax Information
Tax Annual Amount: $7,853
Tax Year: 2019
Utilities
Utility Information
Sewer: Private Sewer
Water Source: Public
Electric: 200+ Amp Service
Heating & Cooling
Has Heating
Has Cooling
Heating: Baseboard, Oil
Cooling: Ductless
Location
Location Information
Directions: Use GPS
UnparsedAddress: 3 Lake Rd, Gloucester MA 01930
Community Information
Senior CommunityYN: No
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 3,023
Stories: 2.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1920
Year Renovated: —
County: Essex County
APN: 1902145
Home facts updated by county records on Jul 20, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
West Parish Elementary School
Public K-5 • Assigned • 2.9mi
6/10
Ralph B O'Maley Innovation Middle School
Public 6-8 • Assigned • 4.1mi
5/10
Gloucester High School
Public 9-12 • Assigned • 3.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Gloucester, MA • 01930
Average low and high temperatures (°F)
33
21
35
22
47
32
55
40
65
50
76
60
80
65
76
61
71
57
62
48
52
38
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$700,000 – $847,000
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