For sale

Price cut: $50K (9/15)

$500,000

1 Red Gate Rd, Essex, MA 01929

1beds

832sqft

$3,502/mo

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Single Family Residence

Built in 1973

0.69 Acres Lot

$490,800 Zestimate^®

$601/sqft

$-- HOA

What's special

Ranch style homeOne level livingFull unfinished basementBeautiful lot

Ranch style home on Essex side street in need of total renovation but has a BEAUTIFUL lot. Property is one level living with a full unfinished basement. Property is tied into town sewer and has a well. The sewer tie in has the capacity for a 3 bedroom house. BUYER TO DO THEIR OWN DUE DILIGENCE. SUNDAY 10 AM-11. OFFERS DUE TUESDAY 8/11 12 NOON.

29 days
1,293
25

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Closet, Flooring - Wall to Wall Carpet
Level: First

Primary bathroom

Features: No

Bathroom 1

Features: Bathroom - Full, Bathroom - With Tub & Shower
Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Electric Baseboard

Cooling

None

Appliances

Included: Electric Water Heater, Water Heater, Range, Refrigerator
Laundry: In Basement

Features

Flooring: Vinyl, Carpet
Basement: Full,Interior Entry,Garage Access,Concrete,Unfinished
Number of fireplaces: 2
Fireplace features: Living Room

Interior area

Total structure area: 832
Total interior livable area: 832 sqft
Finished area above ground: 832

Property

Parking

Total spaces: 3
Parking features: Under, Off Street, Unpaved
Attached garage spaces: 1
Uncovered spaces: 2

Accessibility

Accessibility features: No

Lot

Size: 0.69 Acres
Features: Wooded, Gentle Sloping

Details

Parcel number: 1886304
Zoning: RS2

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Frame
Foundation: Concrete Perimeter
Roof: Shingle

Condition

Year built: 1973

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Private
Utilities for property: for Electric Range

Community & HOA

Community

Features: Park, Walk/Jog Trails, Stable(s), Golf, Conservation Area, Highway Access, House of Worship, Marina, Public School

HOA

Has HOA: No

Location

Region: Essex

Financial & listing details

Price per square foot: $601/sqft
Tax assessed value: $496,600
Annual tax amount: $6,450
Date on market: 9/1/2026
Listing terms: Contract
Road surface type: Paved

Estimated market value

$490,800

$466,000 - $515,000

$2,170/mo

Price history

Date	Event	Price
9/15/2026	Price change	$500,000-9.1%$601/sqft
Source: MLS PIN #73558350 Report a problem
8/27/2026	Pending sale	$550,000$661/sqft
Source: MLS PIN #73558350 Report a problem
8/13/2026	Contingent	$550,000$661/sqft
Source: MLS PIN #73558350 Report a problem
8/3/2026	Listed for sale	$550,000$661/sqft
Source: MLS PIN #73558350 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,343 +1.7%	$488,300 +4.2%
2024	$6,239 -3.7%	$468,400 +0.3%
2023	$6,479	$466,800
2022	$6,479 +15.5%	$466,800 +31.5%
2021	$5,611 +0.9%	$355,100 +4%
2020	$5,560 +9.6%	$341,300 +3.5%
2019	$5,071 +1.2%	$329,900 +3.2%
2018	$5,011 +2.8%	$319,600 +0.5%
2017	$4,873 +5.6%	$318,100 +8.7%
2016	$4,614	$292,600