NOT LISTED FOR SALE

Estimated Value: $1,084,000 - $2,281,158

3 Beds
2 Baths
2,409 Sq Ft
$766/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $2,300,000 $955 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $11,126/month

82 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • City View
  • Custom Closet System
  • Medical Services
  • Granite Flooring
  • Landscaped Professionally

About This Home

As of March 2023

Occupying a spectacular oceanfront location overlooking Freshwater Cove and Gloucester Harbor, steps from iconic Stage Fort Park, this remarkable property has not changed hands in generations and offers a rare opportunity to enjoy the finest in New England coastal living. Screened by a high wall of Rockport granite, the home has the feel of a private and secluded oasis, only moments from downtown Gloucester and highways to Boston and Logan Airport. With a manageable 2,409 s.f. of livingspace, the main house offers unbroken ocean views from nearly all rooms, including the kitchen, dining room and fireplaced living room. Renovated and redesigned the house has three bedrooms and two full baths. Outside, landscaped gardens and a view of the rocky coastline assure full enjoyment of the seaside setting. A detached 2-car garage with studio above, along with a wonderful tram that carries you directly to the home’s entrance complete the offering.

Last Agent to Sell the Property

Amanda Armstrong

Compass Listed on: 09/10/2022

Compass

Last Buyer's Agent

Alice Miller

Coldwell Banker Realty - Manchester

Coldwell Banker Realty - Manchester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,150

Year Built

  • Built in 1946

Lot Details

  • 0.38 Acre Lot
  • Near Conservation Area
  • Landscaped Professionally
  • Sloped Lot
  • Property is zoned R-20

Parking

  • 2 Car Detached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Property Views

  • City
  • Scenic Vista

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 2,409 Sq Ft Home
  • Ceiling Fan
  • Light Fixtures
  • Insulated Windows
  • Bay Window
  • Picture Window
  • Living Room with Fireplace

Kitchen

  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Granite
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Custom Closet System
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Laundry in Basement

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • West Parish Elementary School
  • O'maley Middle School
  • GHS High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Holding Tank
  • Internet Available

Additional Features

  • Energy-Efficient Thermostat
  • Accessory Dwelling Unit (ADU)

Listing and Financial Details

  • Legal Lot and Block 001 / 21
  • Assessor Parcel Number 1903664

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,150

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1946
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Vinyl, Hardwood
  • Interior Amenities: Accessory Apt., Internet Available - Unknown
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Oven
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Bedroom2 Area: 143
  • Room Bedroom3 Features: Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Bedroom3 Area: 143
  • Room Bedroom3 Level: Main
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Window(s) - Picture
  • Room Master Bedroom Level: Main
  • Room Master Bedroom Area: 336
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 72
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Area: 66
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Closet, Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead
  • Room Dining Room Level: Main
  • Room Dining Room Area: 168
  • Room Kitchen Level: Main
  • Room Kitchen Features: Ceiling Fan(s), Closet/Cabinets - Custom Built, Window(s) - Bay/Bow/Box, Window(s) - Picture, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove
  • Room Kitchen Area: 168
  • Laundry Features: In Basement
  • Room Living Room Level: Main
  • Room Living Room Area: 384
  • Room Living Room Features: Closet, Flooring - Hardwood, Window(s) - Picture
  • Basement: Partial
  • Living Area: 2409
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 1035.7
  • PRICE PER Sq Ft: 954.75
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Rain Gutters, Professional Landscaping
  • Construction Materials: Brick
  • Foundation Details: Granite
  • Frontage Length: 62
  • Other Structures: Guest House
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Shingle, Metal
  • View: City View(s), Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Holding Tank
  • Utilities: for Gas Range, for Electric Oven
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: No
  • Electric: 100 Amp Service, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Public School, T-Station

Lot Info

  • Parcel Number: 1903664
  • Zoning: R-20
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped
  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16605
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 0558
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13150.5
  • Tax Block: 21
  • Tax Book Number: 36705
  • Tax Lot: 001
  • Tax Map Number: 204

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Ghs
  • Elementary School: West Parish
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Mar 1, 2023
Sold by
Kelts Frances W
Bought by
Timmer Deborah
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Alice Miller
Coldwell Banker Realty - Manchester
List Price
$2,990,000
Sold Price
$2,300,000
Premium/Discount to List
-$690,000
-23.08%
Views
149
Current Estimated Value
$1,844,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$455,614
Avg. Annual Appreciation
-7.71%
Original Mortgage
$1,100,000
Outstanding Balance
$1,067,326
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$808,555

Purchase Details

Closed on
May 10, 2018
Sold by
Kelts Richard G
Bought by
Kelts Frances W and Kelts Richard G

Purchase Details

Closed on
Mar 27, 2018
Sold by
Satterfield Kathryn G
Bought by
Kelts Richard G

Purchase Details

Closed on
Nov 1, 1965
Bought by
Satterfield Goddard K
Source: Public Records

Range of Values:

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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
Timmer Deborah $2,300,000 None Available
Kelts Frances W -- --
Kelts Richard G -- --
Satterfield Goddard K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timmer Deborah $1,100,000
Previous Owner Kelts Frances W $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $2,300,000 -7.8% $955 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $2,495,000 -16.6% $1,036 / Sq Ft
09/10/2022 09/10/22 For Sale $2,990,000 -- $1,241 / 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 $15,590 $1,602,300 $899,900 $702,400
2024 $15,590 $1,602,300 $899,900 $702,400
2023 $15,132 $1,428,900 $768,300 $660,600
2022 $13,151 $1,121,100 $668,500 $452,600
2021 $13,352 $1,073,300 $607,500 $465,800
2020 $12,731 $1,032,500 $607,500 $425,000
2019 $12,437 $980,100 $579,200 $400,900
2018 $12,242 $946,800 $565,100 $381,700
2017 $12,304 $932,800 $538,000 $394,800
2016 $11,530 $847,200 $511,000 $336,200
2015 $11,267 $825,400 $499,400 $326,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73035027

MLS Property Information Network (MLS PIN)

APN: GLOU-000204-000021