NOT LISTED FOR SALE

Estimated Value: $848,000 - $2,869,927

2 Beds
1 Bath
1,950 Sq Ft
$1,087/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $1,403,584 $720 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $13,655/month

7 Days on Market

About This Home

As of August 2017

Outstanding opportunity to own a piece of paradise on Gloucester Harbor. This beautiful contemporary bungalow has tremendous panoramic views of Freshwater Cove, Gloucester Harbor, Downtown Gloucester and the East Gloucester and Eastern Point shorelines. The property boasts a private granite pier with deep water float (3 ft draft at low tide), separate float for swimming and a sandy beach. The elegant Japanese gardens include specimen plantings, pond, stream and a 40' heated in-ground pool. The home features a living room with walls of glass that frame the ever-changing harbor view, a well planned eat-in kitchen, family room with slate fireplace and master bedroom with a vaulted barrel ceiling. Handsome bluestone terrace and granite pool surround. There is a separate heated studio/pool house. Plans available for two bedroom addition.

Last Agent to Sell the Property

Scott Smith

Coldwell Banker Realty - Manchester Listed on: 11/30/2016

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Scott Smith

Coldwell Banker Realty - Manchester Listed on: 11/30/2016

Coldwell Banker Realty - Manchester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,396

Year Built

  • 1932

Lot Details

  • 0.89

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,396

Year Built

1932

Lot Details

0

Listing Details

  • Lot Description: Stream, Scenic View(s)
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Bungalow, Craftsman
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1932

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, Marina, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
  • Flooring: Wood, Tile, Vinyl
  • Insulation: Fiberglass
  • Interior Amenities: Cable Available, French Doors
  • Basement: Partial, Walk Out, Concrete Floor
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Ceiling - Cathedral, Closet - Walk-in, Window(s) - Picture, French Doors
  • Family Room: First Floor
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 1950.00

Exterior Features

  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Deck, Patio, Pool - Inground Heated, Cabana, Storage Shed, Professional Landscaping, Garden Area, Stone Wall
  • Foundation: Other (See Remarks)
  • Waterfront: Harbor
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 1
  • Heat Zones: 2
  • Hot Water: Propane Gas
  • Utility Connections: for Electric Range, for Electric Dryer
  • Sewer: Private Sewerage
  • Water: City/Town Water

Schools

  • Elementary School: West Parish
  • Middle School: O'maley
  • High School: Gloucester

Lot Info

  • Zoning: R-20
  • Acre: 0.89
  • Lot Size: 38800.00

Multi Family

  • Waterview: Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2016
Closed on
Aug 1, 2017
Sold by
10 Waterside Lane Rt
Bought by
Mercaldi Roger and Mercaldi Joanne
Seller's Agent
Scott Smith
Coldwell Banker Realty - Manchester
Buyer's Agent
Scott Smith
Coldwell Banker Realty - Manchester
List Price
$1,395,000
Sold Price
$1,403,584
Premium/Discount to List
$8,584
0.62%
Current Estimated Value
$2,119,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,725
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Mar 9, 2015
Sold by
Wolfe Robert S
Bought by
10 Waterside Lane Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2014
Sold by
Wolfe Robert S
Bought by
10 Waterside Lane Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2014
Sold by
Hawkes Rt
Bought by
Wolfe Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Hawkes Rt
Bought by
Wolfe Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.33%

Purchase Details

Closed on
Mar 15, 2004
Sold by
Wolfe Robert S
Bought by
Hawkes Rt

Purchase Details

Closed on
Jan 21, 2004
Sold by
Hawkes Rt
Bought by
Wolfe Robert S
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mercaldi Roger $403,584 --
10 Waterside Lane Rt -- --
Wolfe Robert S -- --
10 Waterside Lane Rt -- --
Wolfe Robert S -- --
Wolfe Robert S -- --
Hawkes Rt -- --
Wolfe Robert S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 10 Waterside Lane Rt $100,000
Previous Owner 10 Waterside Lane Rt $416,000
Previous Owner Wolfe Robert S $417,000
Previous Owner Wolfe Robert S $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Sold $1,403,584 +0.6% $720 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $1,395,000 -- $715 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $23,396 $2,404,500 $1,385,500 $1,019,000
2024 $23,396 $2,404,500 $1,385,500 $1,019,000
2023 $21,482 $2,028,500 $1,181,200 $847,300
2022 $20,741 $1,768,200 $1,026,900 $741,300
2021 $20,036 $1,610,600 $934,300 $676,300
2020 $19,866 $1,611,200 $934,300 $676,900
2019 $15,503 $1,221,700 $890,800 $330,900
2018 $15,494 $1,198,300 $869,100 $329,200
2017 $15,077 $1,143,100 $827,200 $315,900
2016 $14,089 $1,035,200 $790,400 $244,800
2015 -- $1,010,600 $772,500 $238,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72097427

MLS Property Information Network (MLS PIN)

APN: GLOU-000204-000025