NOT LISTED FOR SALE

Estimated Value: $3,532,000 - $5,859,000

3 Beds
5 Baths
4,156 Sq Ft
$1,080/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $3,039,200 $731 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $28,142/month

75 Days on Market

About This Home

As of September 2017

The dramatic Magnolia coastline is the setting for this exquisite Shingle Style estate. The home is proudly sited on a private landscaped four acre lot and is a short drive to either downtown Gloucester or Manchester. The interior is finely detailed with a nod towards nautical. The open floor plan provides for gracious entertaining on either a grand or intimate scale. The living room has cathedral ceilings, elegant built-ins, granite fireplace, walls of glass and French doors off the dining room that lead out to the oceanfront deck. The kitchen features custom cabinetry, integrated appliances and beautiful soapstone counters. The expansive first floor master suite has gas fireplace, sitting area and deck. The gracious circular staircase leads up to two large bedroom suites. The lower level has game room with wet bar, state of the art home theater and two additional rooms and full bath. Bonus room over garage. Beautiful professionally maintained landscaping with stone walls & fire pit.

Last Agent to Sell the Property

Scott Smith

Coldwell Banker Realty - Manchester Listed on: 04/28/2017

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Alexandra Cutler

J. Barrett & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,878

Year Built

  • 2008

Lot Details

  • 4

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,878

Year Built

2008

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive, Underground Storage Tank, Scenic View(s)
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Shingle
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area
  • Electric: 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet, Stone / Slate
  • Insulation: Full
  • Interior Amenities: Security System, Cable Available, Wetbar, French Doors, Wired for Surround Sound
  • Basement: Full, Finished, Walk Out, Interior Access, Concrete Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Fireplace, Ceiling - Cathedral, Closet - Walk-in, Flooring - Wall to Wall Carpet, Window(s) - Picture, Balcony / Deck, French Doors, Main Level, Cable Hookup, Recessed Lighting
  • Dining Room: First Floor
  • No Bedrooms: 3
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Oth1 Room Name: Library
  • Oth1 Dscrp: Ceiling - Cathedral, Flooring - Wood, Window(s) - Picture
  • Oth2 Room Name: Media Room
  • Oth2 Dscrp: Flooring - Wall to Wall Carpet
  • Oth3 Room Name: Home Office
  • Oth3 Dscrp: Flooring - Wood
  • Oth4 Room Name: Game Room
  • Oth4 Dscrp: Fireplace, Flooring - Wood, French Doors, Wet bar, Exterior Access, Recessed Lighting
  • Oth5 Room Name: Sitting Room
  • Oth5 Dscrp: Closet, Flooring - Wood
  • Oth6 Room Name: Mud Room
  • Oth6 Dscrp: Flooring - Stone/Ceramic Tile
  • Main Lo: K95001
  • Main So: C95243
  • Estimated Sq Ft: 4156.00

Exterior Features

  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Deck - Wood, Patio, Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Garden Area
  • Foundation: Poured Concrete
  • Waterfront: Ocean
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Work Area, Insulated
  • Garage Spaces: 3
  • Parking Spaces: 10

Utilities

  • Hot Water: Electric
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: Private Sewerage
  • Water: City/Town Water

Schools

  • Elementary School: West Parish
  • Middle School: O'maley
  • High School: Gloucester

Lot Info

  • Zoning: R-1
  • Acre: 4.00
  • Lot Size: 174240.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Karen M Parrelli T M and Karen Parrelli
Bought by
Parrelli Karen M and Parrelli Jonathan
Total Days on Market
75
Current Estimated Value
$4,487,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$845,272
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$3,625,549

Purchase Details

Closed on
Dec 31, 2020
Sold by
Parrelli Karen
Bought by
Karen M Parrelli T M and Karen Perrelli

Purchase Details

Listed on
Apr 28, 2017
Closed on
Sep 1, 2017
Sold by
Lemont David and Lemont Jamie
Bought by
Parrelli Karen and Parrelli Jonathan
Seller's Agent
Scott Smith
Coldwell Banker Realty - Manchester
Buyer's Agent
Alexandra Cutler
J. Barrett & Company
List Price
$3,475,000
Sold Price
$3,039,200
Premium/Discount to List
-$435,800
-12.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$1,100,000
Interest Rate
2.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 2016
Sold by
Lemont David and Lemont Jamie
Bought by
Lemont David and Lemont Jamie

Purchase Details

Closed on
Mar 12, 2008
Sold by
122 Hesperus Avenue Rt and Dellicker Lee R
Bought by
Lemont Jamie

Purchase Details

Closed on
Jul 12, 2004
Sold by
Hesperus Rt
Bought by
122 Hesperus Avenue Rt
Source: Public Records

Similar Homes in Gloucester, MA

  • 3 Longview Terrace, Gloucester, MA 01930

    $4,499,000

    • 4 Beds
    • 4.5 Baths
    • 6,395 Sq Ft
    • 3 Longview Terrace
    • Gloucester, MA

    Experience coastal living at its finest from your seaside retreat in Gloucester, Massachusetts. Located in the sought-after private section of Wingaersheek Beach this home includes deeded access to Coffins Beach, exclusively for association members. Perched at the highest point, the location is spectacular with unparalleled 360 degree views, stretching from the serene Annisquam River to the

    Brackett Janis Group Engel & Volkers By the Sea

    Section Image
  • 220 Atlantic St, Gloucester, MA 01930

    $3,849,000

    • 4 Beds
    • 5 Baths
    • 5,560 Sq Ft
    • 220 Atlantic St
    • Gloucester, MA

    “The Waves on Wingaersheek” Experience luxury and coastal living at one of the North Shore’s most coveted locations, steps from Wingaersheek Beach. This exceptional new construction, four bedroom, three full and two half baths offers a refined and serene lifestyle. Showcasing unsurpassed quality and craftsmanship, this home has over +2400 ft. of outdoor living space with six custom decks, water

    Maggie Burke Coldwell Banker Realty - Waltham

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parrelli Karen M -- None Available
Parrelli Karen M -- None Available
Karen M Parrelli T M -- None Available
Karen M Parrelli T -- None Available
Parrelli Karen $3,039,200 --
Lemont David -- --
Lemont Jamie $1,250,000 --
Lemont David $1,250,000 --
122 Hesperus Avenue Rt $1,425,000 --
Lemont David -- --
Lemont David $1,250,000 --
122 Hesperus Avenue Rt $1,425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parrelli Karen M $850,000
Closed Parrelli Karen M $850,000
Previous Owner Parrelli Karen $1,100,000
Previous Owner Lemont David $2,128,374
Previous Owner 122 Hesperus Avenue Rt $2,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $3,039,200 -12.5% $731 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $3,475,000 -- $836 / 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 $38,878 $3,995,700 $2,369,200 $1,626,500
2024 $38,878 $3,995,700 $2,369,200 $1,626,500
2023 $38,343 $3,620,700 $2,020,900 $1,599,800
2022 $39,792 $3,392,300 $1,757,200 $1,635,100
2021 $39,288 $3,158,200 $1,599,200 $1,559,000
2020 $39,505 $3,204,000 $1,599,200 $1,604,800
2019 $40,218 $3,169,300 $1,524,800 $1,644,500
2018 $38,371 $2,967,600 $1,487,600 $1,480,000
2017 $38,217 $2,897,400 $1,417,400 $1,480,000
2016 $37,753 $2,773,900 $1,356,000 $1,417,900
2015 $37,652 $2,758,400 $1,325,200 $1,433,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72155098

MLS Property Information Network (MLS PIN)

APN: GLOU-000190-000023