Seller's Agent in 2017
Karen Hanson
Engel & Volkers By the Sea
(617) 590-6100
9 Total Sales
12 Shore Rd Unit 1 Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $1,702,000 - $3,314,000
4
Beds
4
Baths
3,579
Sq Ft
1920
Built
About This Home
As of April 2017This spectacular oceanfront home comes to market for the first time in over 60 years. Built in 1920, and owned by only a few families since, this condominium lives like a single family and delivers a noble presentation inside and out. Your welcome home will take your breath away, as you enter to behold a wall of windows directly facing the sea. This residence is handsome in its old world details, yet refreshed to a contemporary, coastal aesthetic, and enjoys many recent upgrades and renovations. Almost every room has a sweeping, awe-inspiring view of the ocean crashing on the rocky coastline below. 4 large bedrooms accommodate comfortably, including the master bedroom with walk-in closet and brand new master bath. Take in the view in several private spaces - on your enclosed stone porch, spacious open deck off the kitchen, or private yard. Shore Road is widely regarded amongst locals as one of the most beautiful roads to walk on the North Shore. Truly an extraordinary offering
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $20,190
Year Built
- 1920
Utilities
- Tight Tank Sewer System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2016
Closed on
Mar 7, 2017
Sold by
Carole D Spatz Ret
Bought by
Sea House Co Llc
Seller's Agent
Karen Hanson
Engel & Volkers By the Sea
Buyer's Agent
Bill Willis Jr.
Compass
List Price
$1,850,000
Sold Price
$1,700,000
Premium/Discount to List
-$150,000
-8.11%
Total Days on Market
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,513
Avg. Annual Appreciation
5.05%
Original Mortgage
$820,000
Outstanding Balance
$693,027
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,836,510
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sea House Co Llc | $1,275,000 | -- | |
| Sea House Co Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sea House Co Llc | $820,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2017 04/11/17 | Sold | $1,700,000 | -8.1% | $475 / Sq Ft |
| 12/09/2016 12/09/16 | Pending | -- | -- | -- |
| 09/24/2016 09/24/16 | For Sale | $1,850,000 | 0.0% | $517 / Sq Ft |
| 02/25/2015 02/25/15 | Rented | $3,000 | 0.0% | -- |
| 01/26/2015 01/26/15 | Under Contract | -- | -- | -- |
| 12/31/2014 12/31/14 | For Rent | $3,000 | 0.0% | -- |
| 11/15/2014 11/15/14 | Rented | $3,000 | -40.0% | -- |
| 10/16/2014 10/16/14 | Under Contract | -- | -- | -- |
| 08/12/2014 08/12/14 | For Rent | $5,000 | -- | -- |
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 | $20,190 | $2,075,000 | $0 | $2,075,000 |
| 2024 | $20,190 | $2,075,000 | $0 | $2,075,000 |
| 2023 | $18,453 | $1,742,500 | $0 | $1,742,500 |
| 2022 | $18,510 | $1,578,000 | $0 | $1,578,000 |
| 2021 | $18,461 | $1,484,000 | $0 | $1,484,000 |
| 2020 | $18,298 | $1,484,000 | $0 | $1,484,000 |
| 2019 | $19,185 | $1,511,800 | $0 | $1,511,800 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Hanson
-
Bill Willis Jr.
Buyer's Agent in 2017
Bill Willis Jr.
Compass
(781) 534-9229
31 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72072532
APN: 167 21 1
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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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