NE Provenance

3 Compass Way

Gloucester, MA 01930

residentialSingle Family
Owner
Joh...
Owner Type
Trust
Tenure
6 yrs
Assessed
$2,256,500
Built
2000
Sq Ft
2,283
Lot
0.87 ac
Bed/Bath
Type
Single Family
Elevated Risks23ConditionC4Fire GradeBPermits2Last PermitDec 2023FloodVESurgeCat 4

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3 Compass Way, Gloucester, MA 01930— Property Report

Home& Property Details

3 Compass Way is a Cape Cod single family built in 2000 located in Gloucester, Essex County, MA. The home has 2,283 square feet of living area on a 0.87-acre lot.

Flood Zone & Natural Hazard Assessment

3 Compass Way is in FEMA flood zone VE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The property falls within a Category 4 hurricane storm surge inundation zone based on NOAA SLOSH modeling. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 3 Compass Way at Grade B (Strong fire protection access). The nearest fire station, GLOUCESTER FIRE DEPARTMENT, is 0.6 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 2 building permits on file for 3 Compass Way. The most recent permit was filed December 14, 2023. In the past five years, 1 permit has been issued. The current municipal assessment is $2,256,500, with $1,450,500 attributed to land and $806,000 to improvements. The deed history includes 4 recorded conveyances.

Environmental & Land Use

3 Compass Way is classified as a waterfront property. Dam exposure is rated Moderate.

GloucesterNeighborhood & Community

3 Compass Way is located in Gloucester, Essex County, MA. The property is zoned R-20 (Low Medium Density Residential). The median home value in this census tract is $660,000. Median household income is $98,334. The owner-occupancy rate in the surrounding area is 80%. The property is served by the Gloucester school district.

Full Property Intelligence Report

The complete NE Provenance report for 3 Compass Way, Gloucester, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.