NOT LISTED FOR SALE

Estimated Value: $124,000 - $299,000

1 Bed
1 Bath
545 Sq Ft
1900 Built

Last Sold August 17, 2015

Last sale price $98,287 $180 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,263/month

89 Days on Market

About This Home

As of August 2015

The Haven Terrace Leasehold Condominium was created in 1997 after renovation and rehabilitation of the homes on Haven Terrace.This one bedroom first floor unit has a laundry and access to a yard for gardening and enjoyment of the outdoors.Peeks of Gloucester Harbor from the many windows in the open living area, ample closet storage and pets are allowed. This permanently affordable unit requires buyers to meet income limits as follows: 1 person $47,450, 2 persons $54,200 and three persons $61,000. Buyers are required to take a first time home buyer class prior to closing and a post closing class will also be required. Residents of Haven Terrace must perform 40 hours of work at the complex over a year's time doing, for example, shoveling, yard and garden work. Buyers must provide a pre approval stating that the lender will loan on a ground lease. No rentals. Buyers will be required to qualify with Dept of Housing & Community Development through Harborlight Community Partners

Last Listed By

Ruth Pino

RE/MAX Beacon Listed on: 05/11/2015

RE/MAX Beacon

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,171

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: No
  • Number of Rooms: 2
  • Amenities: Public Transportation, Highway Access
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Vinyl, Wall to Wall Carpet, Laminate
  • Interior Amenities: Cable Available
  • Bathroom #1: First Floor, 9X5
  • Kitchen: First Floor, 13X9
  • Laundry Room: First Floor, 6X5
  • Living Room: First Floor, 13X10
  • Master Bedroom: First Floor, 12X11
  • Master Bedroom Description: Flooring - Wall to Wall Carpet, Exterior Access

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Garden Area, Gutters

Garage/Parking

  • Parking: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Cooling: None
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Condominium Name: Haven Terrace Leasehold Condominium
  • Association Fee Includes: Master Insurance, Snow Removal, Refuse Removal
  • Association Pool: No
  • Management: Professional - Off Site, Owner Association
  • Pets Allowed: Yes
  • No Units: 27
  • Optional Fee Includes: Sewer, Master Insurance
  • Unit Building: 12

Schools

  • Elementary School: Veterans
  • Middle School: O'maley
  • High School: Ghs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Aug 17, 2015
Sold by
Albertson Jennie H
Bought by
Locicero Jeanne M
Seller's Agent
Ruth Pino
RE/MAX Beacon
Buyer's Agent
Holly Chiancola
Holly C & Co. Fine Homes
List Price
$99,000
Sold Price
$98,287
Premium/Discount to List
-$713
-0.72%
Total Days on Market
89
Current Estimated Value
$208,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,856
Avg. Annual Appreciation
8.00%
Original Mortgage
$93,373
Outstanding Balance
$75,525
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$133,283

Purchase Details

Closed on
Oct 31, 2000
Sold by
Towler Patricia
Bought by
Albertson Jennie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Locicero Jeanne M $98,287 --
Albertson Jennie H $43,686 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locicero Jeanne M $93,373
Previous Owner Albertson Jennie H $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2015 08/17/15 Sold $98,287 0.0% $180 / Sq Ft
08/08/2015 08/08/15 Pending -- -- --
05/20/2015 05/20/15 Off Market $98,287 -- --
05/14/2015 05/14/15 Price Changed $98,287 -0.7% $180 / Sq Ft
05/11/2015 05/11/15 For Sale $99,000 -- $182 / 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 $1,171 $120,300 $0 $120,300
2024 $1,171 $120,300 $0 $120,300
2023 $1,061 $100,200 $0 $100,200
2022 $1,005 $85,700 $0 $85,700
2021 $1,066 $85,700 $0 $85,700
2020 $1,057 $85,700 $0 $85,700
2019 $1,065 $83,900 $0 $83,900
2018 $1,038 $80,300 $0 $80,300
2017 $1,057 $80,100 $0 $80,100
2016 $1,064 $78,200 $0 $78,200
2015 $1,046 $76,600 $0 $76,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71834415

MLS Property Information Network (MLS PIN)

APN: GLOU-000051-000087-000012