NOT LISTED FOR SALE

Estimated Value: $1,108,198 - $1,223,000

3 Beds
1.5 Baths
1,100 Sq Ft
$1,043/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $950,000 $864 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,183/month

11 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Custom Closet System
  • City View
  • 0.92 Acre Lot
  • Vaulted Ceiling

About This Home

As of August 2021

Sheep’s Hill Cottage, named for the farm that originally occupied this area of Eastern Point, located on a dead end road 300 yards from Niles Beach & within the boundaries of the Association of Eastern Point Residents. Launch kayaks and paddle boards, or enjoy a picnic and swimming at both Niles Beach and Brace Cove, part of AEPR. Views across to Gloucester Harbor are mesmerizing, and in Fall, Winter & Spring the views from this restored and renovated home open up to Boston’s skyline. The home was originally built in 1905 and extensively, meticulously renovated in 2020 with roof to basement structural and design upgrades and a 200 sf addition.Three bedrooms, a light-filled living room with fireplace, and lovely terraced gardens on almost an acre of land. Expansion potential. Ready for moving in and enjoying 2021 Gloucester summer. Ten minutes to Route 128 via the spectacular Back Shore or past Rocky Neck and charming East Gloucester.

Last Listed By

Ruth Pino

RE/MAX Beacon Listed on: 06/24/2021

RE/MAX Beacon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,950

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • 0.92 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Street terminates at a dead end
  • Gentle Sloping Lot
  • Garden
  • Property is zoned RC-40

Parking

  • 3 Car Parking Spaces

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • Insulated Windows
  • Picture Window
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Pine Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Custom Closet System
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Outdoor Storage
  • Rain Gutters
  • Porch

Schools

  • O'maley Middle School
  • GHS High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 220 Volts
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number M:0134 B:0086 L:0000,4638618

Community Details

Overview

  • No Home Owners Association
  • Eastern Point Subdivision

Recreation

  • Golf Course Community
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,950

Year Built

Built in 1905 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1905
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Subdivision Name: Eastern Point
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • Special Features: None

Interior Features

  • Flooring: Tile, Pine
  • Door Features: Insulated Doors
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Wood
  • Room Bedroom3 Features: Flooring - Wood
  • Room Bedroom3 Level: First
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Flooring - Wood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Skylight, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • Room Kitchen Level: First
  • Room Kitchen Features: Bathroom - Half, Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Window(s) - Picture, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Exterior Access, Remodeled, Slider, Vestibule
  • Basement: Partial, Concrete
  • Accessibility Features: No
  • Living Area: 1100
  • Window Features: Insulated Windows
  • MAIN LO: AN4305
  • LIST PRICE PER Sq Ft: 859.09
  • PRICE PER Sq Ft: 863.64
  • MAIN SO: AN4643

Exterior Features

  • Exterior Features: Rain Gutters, Storage, Garden
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Block
  • Frontage Length: 120
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Private Road, Dead End
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public,Association)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Other
  • Heating: Forced Air, Radiant, Natural Gas, Electric
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Walk/Jog Trails, Golf
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0134 B:0086 L:0000,4638618
  • Zoning: RC-40
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.92
  • Lot Size Area: 0.92
  • Lot Size Sq Ft: 40075.2
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 40098
  • PAGE: 63

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5950
  • Tax Book Number: 36436
  • Tax Lot: 86
  • Tax Map Number: 134

MLS Schools

  • High School: Ghs
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 19, 2021
Sold by
Hunter Suesan S
Bought by
Leighton Heidi and Leighton Mark
Seller's Agent
Ruth Pino
RE/MAX Beacon
Buyer's Agent
Bija Satterlee
Leading Edge Real Estate
List Price
$945,000
Sold Price
$950,000
Premium/Discount to List
$5,000
0.53%
Total Days on Market
11
Current Estimated Value
$1,147,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,300
Avg. Annual Appreciation
4.55%
Original Mortgage
$550,000
Outstanding Balance
$508,672
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$613,882

Purchase Details

Closed on
Mar 17, 2021
Sold by
Sheeps Hill Cottage Llc
Bought by
Hunter Suesan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 27, 2017
Sold by
Randlett Benjamin H
Bought by
Sheeps Hill Cottage Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2015
Sold by
Hunter David C
Bought by
Randlett Benjamin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2010
Sold by
Dominican Sisters Inc
Bought by
Hunter David C

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
Leighton Heidi $950,000 None Available
Hunter Suesan S -- None Available
Sheeps Hill Cottage Ll $427,000 --
Randlett Benjamin H $300,000 --
Hunter David C $311,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leighton Heidi $550,000
Previous Owner Sheeps Hill Cottage Llc $271,500
Previous Owner Sheeps Hill Cottage Ll $75,000
Previous Owner Randlett Benjamin H $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $950,000 +0.5% $864 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $945,000 -- $859 / 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 $9,860 $1,013,400 $706,400 $307,000
2024 $9,860 $1,013,400 $706,400 $307,000
2023 $9,442 $891,600 $602,600 $289,000
2022 $7,244 $617,600 $374,000 $243,600
2021 $5,950 $478,300 $340,600 $137,700
2020 $5,703 $462,500 $340,600 $121,900
2019 $5,543 $436,800 $324,800 $112,000
2018 $5,436 $420,400 $316,900 $103,500
2017 $5,277 $400,100 $301,000 $99,100
2016 $5,053 $371,300 $288,200 $83,100
2015 $4,947 $362,400 $281,700 $80,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72855578

MLS Property Information Network (MLS PIN)

APN: GLOU-000134-000086