NOT LISTED FOR SALE

Estimated Value: $1,328,000 - $5,132,000

2 Beds
1 Bath
1,300 Sq Ft
$2,936/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $3,150,000 $2,423 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $23,210/month

13 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Electric Baseboard Heater
  • Deck

About This Home

As of November 2020

Exceptional opportunity to acquire this quintessential Wingaersheek/Coffin’s Beach waterfront cottage nestled on 3.79 acres of Gloucester’s finest landscape. Remote private ROW access to approximately 90,000 sf of upland and dunes, and approximately 75,000 sf of sandy beach. Charming 2 bedroom cottage utilized on a seasonal basis. Capture stunning sunsets from the panoptic ever-changing astounding views of the Essex River, Crane’s Beach, Conomo Point, Hog Island and the Atlantic Ocean. Boat, fish, or swim from one of the most coveted beaches on the East Coast. A genuine rare and unspoiled natural beauty!

Last Agent to Sell the Property

Shelly Shuka

J. Barrett & Company Listed on: 10/08/2020

Last Buyer's Agent

Mandy Sheriff

J. Barrett & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,298

Year Built

  • Built in 1954

Lot Details

  • 3.79

Property Views

  • Ocean
  • River

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Wood Flooring
  • Deck
  • Property is zoned R-80
  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,298

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cottage
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 2384.62
  • Comp Based On: Net Sale Price
  • Year Built: 1954
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Fireplaces: 1
  • Flooring: Wood
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Flooring - Wood
  • Bedroom 2: On Level: First Floor, Flooring - Wood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Shower Stall, Flooring - Wood
  • No Rooms: 5
  • Kitchen: On Level: First Floor, Flooring - Wood, Lighting - Overhead
  • Living Room: On Level: First Floor, Fireplace, Flooring - Wood, Lighting - Overhead
  • Basement: Y
  • Basement Features: Partial, Crawl, Exterior Access
  • Other Room 1: Name: Sun Room, On Level: First Floor, Flooring - Wood, Deck - Exterior, Exterior Access, Lighting - Overhead
  • Main Lo: C95243
  • Main So: C95243
  • Estimated Sq Ft: 1300.00

Exterior Features

  • Beach Ownership: Private
  • Waterfront: Ocean, River, Frontage, Deep Water Access, Direct Access, Navigable, Private
  • Beachfront Flag: Yes
  • Waterfront Flag: Yes
  • Waterview Features: Ocean, Private, River
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Deck

Garage/Parking

  • Parking Feature: Stone/Gravel
  • Parking Spaces: 6

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Heating: Electric Baseboard
  • Hot Water: Electric

Condo/Co-op/Association

  • Fee Interval: Yearly
  • HOA Fees: 735.00
  • Home Own Association: Yes

Lot Info

  • Assessments: 2458800.00
  • Lot: 0000
  • Acre: 3.79
  • Lot Size: 165000.00
  • Page: 311
  • Zoning: R-80
  • Lot Description: Easements, Shared Drive

Tax Info

  • Taxes: 30317.00
  • Assessor Parcel Number: 1906428
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 16, 2020
Sold by
Wingaersheek Road Llc
Bought by
Whunville Llc
Seller's Agent
Shelly Shuka
J. Barrett & Company
Buyer's Agent
Mandy Sheriff
J. Barrett & Company
List Price
$3,100,000
Sold Price
$3,150,000
Premium/Discount to List
$50,000
1.61%
Current Estimated Value
$3,816,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,813
Avg. Annual Appreciation
3.91%
Original Mortgage
$3,005,139
Outstanding Balance
$2,674,147
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,142,666

Purchase Details

Closed on
Apr 27, 2012
Sold by
Wingaersheek Nt and Pulsifer Nathaniel
Bought by
Wingaersheek Road Llc

Purchase Details

Closed on
Apr 13, 2012
Sold by
Steward Gilbert L
Bought by
Wingaersheek Road Llc

Purchase Details

Closed on
Jul 8, 1999
Sold by
Est Coolidge Camilla C and Pulsifer Nathaniel
Bought by
Wingaersheek Nt and Loring Peter B
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
Whunville Llc $3,150,000 None Available
Wingaersheek Road Llc -- --
Wingaersheek Road Llc -- --
Wingaersheek Road Llc -- --
Wingaersheek Road Llc -- --
Wingaersheek Nt $32,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whunville Llc $3,005,139
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $3,150,000 +1.6% $2,423 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $3,100,000 -- $2,385 / 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 $38,298 $3,940,100 $3,791,400 $148,700
2024 $36,578 $3,759,300 $3,610,600 $148,700
2023 $34,032 $3,213,600 $3,079,500 $134,100
2022 $31,623 $2,695,900 $2,561,800 $134,100
2021 $30,556 $2,456,300 $2,331,500 $124,800
2020 $30,317 $2,458,800 $2,331,500 $127,300
2019 $29,613 $2,333,600 $2,223,000 $110,600
2018 $29,372 $2,271,600 $2,168,800 $102,800
2017 $29,696 $2,251,400 $2,066,300 $185,100
2016 $24,028 $1,765,500 $1,617,500 $148,000
2015 $23,571 $1,726,800 $1,580,800 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72739519

MLS Property Information Network (MLS PIN)

APN: GLOU-000260-000021