NOT LISTED FOR SALE

Estimated Value: $3,337,000 - $3,619,857

5 Beds
6 Baths
5,924 Sq Ft
$594/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $3,300,000 $557 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $21,325/month

87 Days on Market

Highlights

  • Marina
  • On Golf Course
  • 3.29 Acre Lot
  • Ocean View
  • Waterfront
  • Colonial Architecture

About This Home

As of November 2023

SØBORG, Danish for “Sandy Castle”, is a magnificent home located on the rocky coastline of New England in Gloucester, Massachusetts. The stunning exterior and interior of this grand house are reminiscent of the lavish lifestyle depicted in F. Scott Fitzgerald’s novel, The Great Gatsby. Once fully restored, SØBORG will be an absolute masterpiece, unmatched by anything else in the area. The house features breathtaking views of the Atlantic and ample space for hosting grand parties and other events. This singular property will appeal to anyone searching for the true elegance and beauty of Coastal New England living. Abutting Bass Rocks Golf and Tennis Club, with Bass Rocks Beach Club, several beaches including Good Harbor, and Eastern Point Yacht Club minutes away, SØBORG’s spectacular location offers endless possibilities for a vibrant seaside lifestyle … just 26 minutes from Beverly Regional Airport.

Last Agent to Sell the Property

Brackett Janis Group

Engel & Volkers By the Sea Listed on: 06/05/2023

Engel & Volkers By the Sea

Last Buyer's Agent

George Sarkis

Douglas Elliman Real Estate - The Sarkis Team

Douglas Elliman Real Estate - The Sarkis Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,480

Year Built

  • Built in 1928

Lot Details

  • 3.29 Acre Lot
  • Waterfront
  • On Golf Course
  • Property is zoned R-20

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,924 Sq Ft Home
  • 3 Fireplaces
  • Bonus Room
  • Sun or Florida Room
  • Ocean Views
  • Laundry on main level

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Heating System Uses Steam

Additional Features

  • Walking Distance to Water
  • Property is near schools

Listing and Financial Details

  • Tax Block 0029
  • Assessor Parcel Number M:0073 B:0029 L:0000,1897464

Community Details

Overview

  • No Home Owners Association
  • Back Shore Subdivision

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,480

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1928
  • Buyer Agency: 2
  • Subdivision Name: Back Shore
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Tile, Vinyl
  • Interior Amenities: Bonus Room, Bathroom, Sun Room
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom5 Level: Second
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bathrooms: 5
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 3 Level: Second
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: First Floor
  • Room Living Room Level: First
  • Basement: Full, Interior Entry, Garage Access
  • Living Area: 5924
  • Spa YN: No
  • MAIN LO: AN4733
  • LIST PRICE PER Sq Ft: 628.29
  • PRICE PER Sq Ft: 557.06
  • MAIN SO: AN4282
  • Insulation: Partial

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Frontage Length: 150
  • Frontage Type: Golf Course
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Slate
  • Waterfront Features: Waterfront, Beach Front, Ocean, Walk to, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Attached, Under, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Steam, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Golf, Marina, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0073 B:0029 L:0000,1897464
  • Zoning: R-20
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 3.29
  • Lot Size Area: 3.29
  • Lot Size Sq Ft: 143312
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 3838
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 24480
  • Tax Block: 0029
  • Tax Book Number: 170
  • Tax Lot: 000
  • Tax Map Number: 0073

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2014
Sold by
Baumann Solange R
Bought by
Solange R Baumann T R and Solange Baumann
Current Estimated Value
$3,520,286

Purchase Details

Closed on
Jun 1, 1968
Bought by
Baumann Solange R
Source: Public Records

Range of Values:

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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
Solange R Baumann T R -- --
Baumann Solange R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood James J $2,640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $3,300,000 -11.3% $557 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $3,722,000 -- $628 / 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 $26,174 $2,690,000 $1,822,100 $867,900
2024 $26,174 $2,690,000 $1,822,100 $867,900
2023 $24,480 $2,311,600 $1,553,700 $757,900
2022 $23,643 $2,015,600 $1,351,900 $663,700
2021 $22,814 $1,833,900 $1,229,900 $604,000
2020 $22,933 $1,859,900 $1,229,900 $630,000
2019 $22,320 $1,758,900 $1,172,700 $586,200
2018 $22,059 $1,706,000 $1,144,100 $561,900
2017 $21,398 $1,622,300 $1,089,700 $532,600
2016 $20,932 $1,538,000 $1,042,300 $495,700
2015 -- $1,474,900 $1,018,700 $456,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73120547

MLS Property Information Network (MLS PIN)

APN: GLOU-000073-000029