Seller's Agent in 2021
Patricia McCormick
J. Barrett & Company
(978) 290-0538
4 in this area
38 Total Sales
1 Old Salem Rd Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $966,312 - $1,158,000
3
Beds
2
Baths
2,752
Sq Ft
$383/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Attic
- Porch
- Wood Flooring
- Fenced Yard
- Patio
About This Home
As of June 2021Showings commence on Friday 4/9 at 4:00pm. Appointment required. Standing proudly between a split rail fence & large granite outcroppings, this New England treasure is that most-desired combination: a perfectly preserved and maintained historic house masterfully updated with many modern amenities and conveniences. Sections of the house on a corner lot date between 1650 and 1690 and include King’s Timber floor boards, a carved “etching” of the house with its thatched roof and a Parson’s cabinet over one of the 4 fireplaces. The 21st Century is well-represented, too, with the addition of a modern kitchen, updated bath, central air, mud room & first floor laundry.- Beautiful formal living & dining rooms, plus a study/home office. 3 bedrooms & full bath are upstairs. Beautiful landscaping includes a fenced garden, garden shed & 2-car driveway with Cape Ann granite stairs leading to the private patio. 5 minutes to Gloucester Harbor, Stage Fort Park, Half Moon Beach & Stacey Boulevard.
Home Details
Home Type
- Single Family
Year Built
- Built in 1690
Lot Details
- Year Round Access
- Fenced Yard
- Stone Wall
- Landscaped Professionally
- Garden
- Property is zoned R-20
Interior Spaces
- Decorative Lighting
- Attic
- Basement
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
- Storage Shed
- Rain Gutters
- Porch
Schools
- GHS High School
Utilities
- Central Air
- Hot Water Baseboard Heater
- Heating System Uses Gas
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number M:0216 B:0065 L:0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2021
Closed on
Jun 30, 2021
Sold by
Braver Alan and Braver Barbara L
Bought by
Hudgins Jonathan and Hudgins Kelly
Seller's Agent
Patricia McCormick
J. Barrett & Company
Buyer's Agent
Kara Ross
Coldwell Banker Realty - Andovers/Readings Regional
List Price
$699,000
Sold Price
$735,000
Premium/Discount to List
$36,000
5.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,078
Avg. Annual Appreciation
8.28%
Original Mortgage
$410,000
Outstanding Balance
$372,011
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$681,067
Purchase Details
Closed on
Jul 8, 1994
Sold by
Miller Emery L and Miller Thomas
Bought by
Pappalardo Joseph
Purchase Details
Closed on
Sep 1, 1972
Bought by
Braver Alan and Braver Barbara L
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hudgins Jonathan | $735,000 | None Available | |
| Pappalardo Joseph | $85,000 | -- | |
| Braver Alan | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hudgins Jonathan | $410,000 | |
| Previous Owner | Braver Alan | $385,000 | |
| Previous Owner | Braver Alan | $385,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2021 06/30/21 | Sold | $735,000 | +5.2% | $267 / Sq Ft |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- |
| 04/07/2021 04/07/21 | For Sale | $699,000 | -- | $254 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,869 | $912,400 | $234,600 | $677,800 |
| 2024 | $8,770 | $901,300 | $223,500 | $677,800 |
| 2023 | $8,392 | $792,400 | $199,500 | $592,900 |
| 2022 | $7,521 | $641,200 | $169,600 | $471,600 |
| 2021 | $7,262 | $583,800 | $154,200 | $429,600 |
| 2020 | $7,273 | $589,900 | $154,200 | $435,700 |
| 2019 | $6,997 | $551,400 | $154,200 | $397,200 |
| 2018 | $6,787 | $524,900 | $154,200 | $370,700 |
| 2017 | $6,577 | $498,600 | $146,900 | $351,700 |
| 2016 | $6,371 | $468,100 | $147,400 | $320,700 |
| 2015 | $6,123 | $448,600 | $147,400 | $301,200 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia McCormick
-
Kara Ross
Buyer's Agent in 2021
Kara Ross
Coldwell Banker Realty - Andovers/Readings Regional
(781) 864-3929
1 in this area
125 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72810760
APN: GLOU-000216-000065
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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