Home Buying in 01930>Question Details

Andre, Home Buyer in 01945

how much is it worth? how much tax assessment value is for this property?

Asked by Andre, 01945 Tue Sep 9, 2008

82 bass ave, gloucester, ma

Help the community by answering this question:


The home is 852 square feet and sits on a fairly nice size lot. It has the following disclosure: Site area reflects annexation of approximately 3350 sf rectangular strip to abutter ... This sounds like - without knowing 100% - that the lot includes 3300+ square feet of an abutting property (you would need to find out if that is something legally owned or if there are easements). The property sits on a highly trafficked street which decreases the value (might be one of the reasons the property has been on the market for 230 days) but is close to the beach/harbor which is nice.

Overall seems the property was over priced (for the soft market) to begin with and is now slowly dropping down into a proper price range. Hard to give any more advice without at least interior shots which the sellers agent has not posted. According to the MLS the tax was assessed at $2834 in 2007.

Hope that helps! Good luck.
0 votes Thank Flag Link Tue Sep 9, 2008
Dear Andre,

Bass Ave is a very busy street. Especially in summer and on weekends. It is the main rd. out of East Gloucester. It is a great location for people who have small children that want to attend East Gloucester Elementary. You can walk to Good Harbor Beach from here. only 3 blocks down the street. Two minutes and traffic and you are on rt. 128. The house is only worth what you will pay for it. It can be very difficult pulling out of driveways on the street certain times of day. Taxes in Gloucester have adjusted. The water and sewer bills are also being added to the taxes. Currently under $10.00 per $1,000. Once you purchase , your purchase price will become the value of the home. Gloucester is behind in assessments and it takes about 8-12 months for the city to catch up. For more local info and market values please check out capeannspaces.com If you have any questions email me at michelea@remax.net
0 votes Thank Flag Link Wed Apr 8, 2009
Tax assessment value you can reach county records to obtain that info. An agent can comp the property would estimated value ONLY realtor not seen the property for conditions and etc. What does your buyers agent have to state for the value?http://www.lynn911.com http://www.homes-for-sale-dallas.com
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Tue Sep 9, 2008
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