7.65 Acres of Land – Location Location Location !!! Whether you want to build your dream home with tons of privacy or you want to develop this area for multiple homes – this property presents a unique opportunity for many different interests/investments. Perfectly located on the serene and beautiful coast of Gloucester. This 7.7 acre lot offers a rare opportunity to own a prime piece of real estate overlooking Good Harbor Beach and the Atlantic Ocean. This lot combines the opportunity for your own sanctuary or a private cul-de-sacs with the convenience of nearby amenities, making it an ideal location for those seeking both solitude and accessibility. The generous size of the lot ensures privacy and a peaceful atmosphere, surrounded by coastal beauty and nature.
Property Details
Property Features
Listing Office:
Office Name: Churchill Properties
Office Phone: (978) 515-7031
Listing Agent: Bethany Pratt
Exterior Features
Exterior Information:
Waterfront: Beach, Stream, Ocean Front, Sound
View: Other
Lot Features
Lot Information:
Lot: Easement, Wetlands, Wooded
Lot Size: 7.65 Acres
Other
Directions Information:
Directions: Take the 128 Extension turn onto Eastern Ave and stop just after Wolf Hill
Price Information
Listing Price Info
Price Summary:
List Price: $1,600,000
Tax Information:
Annual Amount: $221
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Gloucester, MA.
This property is $912K more than the Median Sold Price in Gloucester, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73284811
Listing Office:
Office Name: Churchill Properties
Office Phone: (978) 515-7031
Listing Agent: Bethany Pratt
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 29, 1993
Dec 29, 1993Home Sold
$130,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$221
$17,800
2020
$219
$17,800
2019
$226
$17,800
2018
$230
$17,800
2017
$211
$16,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,053
Per Month
Principal & Interest
$7,986
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,863
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Brickett Elementary School
123 Lewis St
Distance between this listing and this school0.44 miles
Public District Grades KG-5
3
/10
Ingalls
1 Collins Street Ter
Distance between this listing and this school0.52 miles
Public District Grades KG-5
4
/10
Clarke
100 Middlesex Ave
Distance between this listing and this school0.52 miles
Public District Grades KG-4
Nearby Schools
4
/10
Thurgood Marshall Middle School
100 Brookline St
Distance between this listing and this school0.16 miles
Public District Grades 6-8
6
/10
Swampscott Middle School
207 Forest Ave
Distance between this listing and this school1.22 miles
Public District Grades 5-8
4
/10
Pickering Middle School
70 Conomo Ave
Distance between this listing and this school1.95 miles
Public District Grades 6-8
Nearby Schools
7
/10
Swampscott High School
200 Essex St
Distance between this listing and this school0.64 miles
Public District Grades 9-12
2
/10
Lynn English High School
50 Goodridge St
Distance between this listing and this school0.96 miles
Public District Grades 9-12
5
/10
Kipp Academy Lynn Charter School
90 High Rock St
Distance between this listing and this school1.20 miles
The neighbors living near this home have an average income of $43,471. The most common annual income of people living in Gloucester, MA is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 108R Eastern Ave
What is the listing price of this property?
The listing price of 108R Eastern Ave property is $1,600,000.
What type of property is this?
The property 108R Eastern Ave is land located in Gloucester, Massachusetts, 01930.
Is this property for sale now?
Active Listing: 108R Eastern Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $221 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 29, 1993 for $130,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 108R Eastern Ave in Gloucester, MA and zip code 01930. This home sits on a 7.65 acre lot. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $1,600,000.
Gloucester, MA housing market in November 2024 saw over 6 listings sold above listed price, more than 1 sold at listed price and over 6 sold below. The number of listings in Gloucester, MA decreased by 18.7% between October 2024 and November 2024. The median list price of listings available in November 2024 was $688,000, while the average time on the real estate market was 81 days.
From Rocket Homes Real Estate and based on county public records data.