NOT LISTED FOR SALE

Estimated Value: $3,392,596 - $5,548,000

7 Beds
7 Baths
6,799 Sq Ft
$644/Sq Ft Est. Value

Last Sold February 05, 2020

Last sale price $2,300,000 $338 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $26,444/month

31 Days on Market

Highlights

  • Ocean View
  • Attic
  • Enclosed patio or porch
  • Wood Flooring
  • Balcony
  • French Doors

About This Home

As of February 2020

Rarely Available! - One of Eastern Point's most coveted grand estates built for Charles Farrington a founder of the Eastern Point Association. This magnificent home overlooks Gloucester Harbor. A footpath leads to deeded frontage on Raymond Beach a private sandy cove shared by neighboring owners. The sun-room and open covered porch provide extensive entertaining spaces for large groups with views over Gloucester harbor, picturesque gardens, ocean and the distant Boston Skyline. Main rooms are flooded with light and enjoy water views. The interior features include a dramatic hallway with 'Zuber' Wallpapers, decorative paneling, rooms of perfect scale and a cozy den in the style of a period ship. Wooden Floors throughout. This home is in close proximity to the Eastern Point Yacht Club for boating aficionados. Gloucester continues to grow in appeal and value, offering great dining experiences, a vibrant arts community, live theater, Art Museum and great array of independent shops

Last Listed By

Katherine McKnight

Coldwell Banker Realty - Beverly Listed on: 10/15/2019

Coldwell Banker Realty - Beverly

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,019

Year Built

  • Built in 1896

Lot Details

  • Sprinkler System
  • Property is zoned R1

Property Views

  • Ocean
  • Harbor

Interior Spaces

  • French Doors
  • Attic
  • Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Enclosed patio or porch
  • Rain Gutters

Utilities

  • Central Heating
  • Radiator
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • Private Sewer
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,019

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Queen Anne
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 373.58
  • Comp Based On: Net Sale Price
  • Year Built: 1896
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1896

Interior Features

  • Fireplaces: 5
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available, Walk-up Attic, French Doors
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 7
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: Second Floor
  • Bedroom 3: On Level: Second Floor
  • Bedroom 4: On Level: Second Floor
  • Bedroom 5: On Level: Second Floor
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor
  • Bathroom 2: On Level: Second Floor
  • Bathroom 3: On Level: Second Floor
  • No Rooms: 12
  • Dining Room: On Level: First Floor
  • Family Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor
  • Basement: Y
  • Basement Features: Partial
  • Other Room 1: Name: Den, On Level: Second Floor
  • Other Room 2: Name: Other, On Level: First Floor
  • Other Room 3: Name: Office, On Level: Second Floor
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 6799.00

Exterior Features

  • Beach Ownership: Private
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Harbor, Ocean, Private, Walk to
  • Waterview Flag: Yes
  • Construction: Post & Beam
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Stone, Stucco
  • Exterior Features: Porch, Porch - Enclosed, Balcony, Gutters, Sprinkler System
  • Foundation: Fieldstone, Granite
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 10

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: 220 Volts
  • Heating: Central Heat, Hot Water Baseboard, Hot Water Radiators, Gas
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Fee Interval: Yearly
  • Amenities: Swimming Pool, Tennis Court, Walk/Jog Trails, Golf Course, Conservation Area, Marina
  • Home Own Association: Yes
  • Reqd Own Association: Yes

Schools

  • Elementary School: East Gloucester
  • Middle School: o'Maley
  • High School: Gloucester High

Lot Info

  • Assessments: 2175000.00
  • Lot: 0000
  • Acre: 1.43
  • Lot Size: 62291.00
  • Page: 367
  • Zoning: R1
  • Lot Description: Scenic View(s)

Green Features

  • Energy Features: Storm Windows

Tax Info

  • Taxes: 27600.75
  • Assessor Parcel Number: 1900498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Dec 16, 2019
Sold by
Barlovento T
Bought by
11 Fort Hill Llc
Seller's Agent
Katherine McKnight
Coldwell Banker Realty - Beverly
Buyer's Agent
Scott Smith
Coldwell Banker Realty - Manchester
List Price
$2,540,000
Sold Price
$2,300,000
Premium/Discount to List
-$240,000
-9.45%
Total Days on Market
31
Current Estimated Value
$4,381,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,081,532
Avg. Annual Appreciation
12.93%
Original Mortgage
$2,193,708
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1992
Sold by
North Shore Holdings
Bought by
Haley John F and Haley Anne

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
11 Fort Hill Llc $2,300,000 None Available
Haley John F $635,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 11 Fort Hill Llc $2,193,708
Previous Owner Haley John F $900,000
Previous Owner Haley John F $150,000
Previous Owner Haley John F $375,000
Previous Owner Haley John F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2020 02/05/20 Sold $2,300,000 -9.4% $338 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $2,540,000 -- $374 / 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 $23,019 $2,365,800 $1,228,700 $1,137,100
2024 $23,019 $2,365,800 $1,228,700 $1,137,100
2023 $20,002 $1,888,800 $1,048,200 $840,600
2022 $24,937 $2,125,900 $912,200 $1,213,700
2021 $25,837 $2,076,900 $830,300 $1,246,600
2020 $26,468 $2,146,600 $830,300 $1,316,300
2019 $27,601 $2,175,000 $791,600 $1,383,400
2018 $26,532 $2,052,000 $772,300 $1,279,700
2017 $26,575 $2,014,800 $735,100 $1,279,700
2016 $26,735 $1,964,400 $702,800 $1,261,600
2015 $26,596 $1,948,400 $686,800 $1,261,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72580199

MLS Property Information Network (MLS PIN)

APN: GLOU-000136-000026