11 Old Salem Path Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $1,347,000 - $4,779,000
3
Beds
3
Baths
2,207
Sq Ft
$1,558/Sq Ft
Est. Value
Highlights
- Ocean View
- Deck
- Fenced Yard
- Landscaped Professionally
- Wood Flooring
- 3-minute walk to Rafes Chasm Park
About This Home
As of August 2019Experience the pleasure of the unexpected in this shingled oceanfront home on .84 Acre, offering 3 bedrooms and 2.5 baths. Artfully expanded to include a formal Dining Room, a European inspired Chefs kitchen, a Home Office/Family Room, a sun filled Living Room with a gas fireplace, Oceanside Bedroom with fireplace and balcony and Master Suite overlooking the water. Polished wood floors throughout generously sized rooms with ample storage and built in architectural features. Floor to ceiling expanses of glass French doors and sliders open onto a wrap around deck and quite possibly the best views on Cape Ann. Sitting almost 100 feet above the rocky shore, with a cat birds seat to watch all that the Atlantic has to offer from crashing surf to gliding schooners, from Eastern Point Light to the skyline of Boston and on a very clear day, a glimpse of Provincetown. The lower level adds 1000 square feet of artist studio and workshop as well as guest quarters that open to seaside gardens.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,102
Year Built
- Built in 1962
Lot Details
- Year Round Access
- Fenced Yard
- Landscaped Professionally
- Property is zoned R-3
Parking
- 2 Car Garage
Property Views
- Ocean
- City
Interior Spaces
- French Doors
- Basement
Kitchen
- Range
- Free-Standing Freezer
- Freezer
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Concrete
- Tile
- Vinyl
Outdoor Features
- Outdoor Shower
- Balcony
- Deck
- Rain Gutters
Utilities
- Central Heating
- Hot Water Baseboard Heater
- Heating System Uses Oil
- Propane Water Heater
- Sewer Inspection Required for Sale
- Private Sewer
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number M:0190 B:0049 L:0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 19, 2021
Sold by
Chasm Properties Llc
Bought by
11 Old Salem Llc
Current Estimated Value
Purchase Details
Closed on
Nov 25, 2020
Sold by
Mscisz Kathryn and Mscisz Steven
Bought by
Mscisz Christopher and Mscisz Steven
Purchase Details
Listed on
May 24, 2019
Closed on
Aug 2, 2019
Sold by
George Arial W and George Carolyn A
Bought by
Mscisz Kathryn and Mscisz Steven
Seller's Agent
Madeline Emmons
Village Realty
Buyer's Agent
Madeline Emmons
Village Realty
List Price
$1,650,000
Sold Price
$1,510,000
Premium/Discount to List
-$140,000
-8.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$500,000
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 8, 2012
Sold by
Drinkwater Dennis V and Drinkwater Jacqueline
Bought by
George Arial W and George Carolyn A
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 11 Old Salem Llc | -- | None Available | |
| Mscisz Christopher | -- | None Available | |
| Chasm Properties Llc | -- | None Available | |
| Mscisz Kathryn | $1,510,000 | -- | |
| George Arial W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mscisz Kathryn | $500,000 | |
| Previous Owner | Quinn-George Carolyn | $954,225 | |
| Previous Owner | George Arial W | $300,000 | |
| Previous Owner | George Arial W | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2019 08/06/19 | Sold | $1,510,000 | -8.5% | $684 / Sq Ft |
| 06/04/2019 06/04/19 | Pending | -- | -- | -- |
| 05/24/2019 05/24/19 | For Sale | $1,650,000 | -- | $748 / 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 | $34,102 | $3,504,800 | $1,607,500 | $1,897,300 |
| 2024 | $34,102 | $3,504,800 | $1,607,500 | $1,897,300 |
| 2023 | $32,068 | $3,028,100 | $1,372,400 | $1,655,700 |
| 2022 | $30,979 | $2,641,000 | $1,192,400 | $1,448,600 |
| 2021 | $16,028 | $1,288,400 | $1,086,000 | $202,400 |
| 2020 | $18,081 | $1,466,400 | $1,086,000 | $380,400 |
| 2019 | $17,686 | $1,393,700 | $1,035,500 | $358,200 |
| 2018 | $17,468 | $1,351,000 | $1,010,300 | $340,700 |
| 2017 | $17,287 | $1,310,600 | $961,800 | $348,800 |
| 2016 | $19,279 | $1,416,500 | $1,119,900 | $296,600 |
| 2015 | $18,864 | $1,382,000 | $1,094,400 | $287,600 |
Source: Public Records
Agents Affiliated with this Home
-
Madeline Emmons
Seller's Agent in 2019
Madeline Emmons
Village Realty
(508) 284-1686
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72506274
APN: GLOU-000190-000049
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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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