NOT LISTED FOR SALE

12 Old Salem Rd Gloucester, MA 01930

West Gloucester Neighborhood

Estimated Value: $806,000 - $1,347,000

4 Beds
2 Baths
1,959 Sq Ft
$600/Sq Ft Est. Value

Last Sold November 13, 2012

Last sale price $450,000 $230 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $7,067/month

70 Days on Market

About This Home

As of November 2012

A diamond in the rough waiting to be discovered this wonderful Arts and Crafts style home offers breathtaking oceanviews from almost every room and maximizes its sylvan setting adjacent to beautiful Ravenswood. All will love the popplestone fireplace, covered porch and immediate access to trails, unfettered nature; with four bedrooms, one full and one half bath, this home offers an unbeatable combination of size, looks, personality and is very private. A coastal home with exceptional potential.

Last Agent to Sell the Property

Amanda Armstrong

Compass Listed on: 06/26/2012

Compass

Last Buyer's Agent

Mary Matthews

Coldwell Banker Realty - Manchester

Coldwell Banker Realty - Manchester

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner, Wooded, City View(s), Gentle Slope, Scenic View(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Has Basement: No
  • Fireplaces: 2
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, House of Worship, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Partial
  • Flooring: Wood
  • Insulation: Partial
  • Interior Amenities: Cable Available, French Doors
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Laundry Room: Second Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Closet, Flooring - Wood
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Covered Patio/Deck, Storage Shed, City View(s), Garden Area
  • Foundation: Irregular

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 10

Utilities

  • Heat Zones: 2
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2012
Closed on
Nov 13, 2012
Sold by
Warden Marie J
Bought by
Otto Karen P
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Mary Matthews
Coldwell Banker Realty - Manchester
List Price
$558,000
Sold Price
$450,000
Premium/Discount to List
-$108,000
-19.35%
Current Estimated Value
$1,174,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$724,597
Avg. Annual Appreciation
7.55%
Original Mortgage
$360,000
Outstanding Balance
$249,120
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$925,477

Purchase Details

Closed on
Jan 4, 1996
Sold by
Braz Helder M and Braz Karen
Bought by
Warden David L and Warden Marie

Purchase Details

Closed on
May 10, 1994
Sold by
Anderson Jon B and Bateman Patricia R
Bought by
Braz Helder M and Braz Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Otto Karen P $450,000 --
Warden David L $175,000 --
Braz Helder M $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braz Helder M $360,000
Previous Owner Braz Helder M $100,000
Previous Owner Braz Helder M $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2012 11/13/12 Sold $450,000 0.0% $230 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
08/16/2012 08/16/12 Price Changed $450,000 -14.3% $230 / Sq Ft
07/18/2012 07/18/12 Price Changed $525,000 -5.9% $268 / Sq Ft
06/26/2012 06/26/12 For Sale $558,000 -- $285 / 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 $11,834 $1,217,500 $480,200 $737,300
2024 $11,622 $1,194,400 $457,100 $737,300
2023 $11,182 $1,055,900 $408,400 $647,500
2022 $10,484 $893,800 $347,100 $546,700
2021 $10,119 $813,400 $315,500 $497,900
2020 $10,086 $818,000 $315,500 $502,500
2019 $8,361 $658,900 $315,500 $343,400
2018 $6,835 $528,600 $315,500 $213,100
2017 $5,971 $452,700 $300,500 $152,200
2016 $5,967 $438,400 $301,300 $137,100
2015 $5,842 $428,000 $301,300 $126,700
Source: Public Records

Agents Affiliated with this Home

  • Amanda Armstrong

    Seller's Agent in 2012

    Amanda Armstrong

    Compass

    (978) 879-6322

    18 in this area

    227 Total Sales

    Amanda Armstrong
    Section Image

  • M

    Buyer's Agent in 2012

    Mary Matthews

    Coldwell Banker Realty - Manchester

    (978) 317-1079

    1 in this area

    20 Total Sales

    Mary Matthews
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71402284

MLS Property Information Network (MLS PIN)

APN: GLOU-000215-000027

Massachusetts Essex County Gloucester 01930 West Gloucester

12 Old Salem Rd, Gloucester, MA

Not Listed for Sale

Detached

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