NOT LISTED FOR SALE

Estimated Value: $299,000 - $359,000

2 Beds
1 Bath
794 Sq Ft
$341/mo HOA Fee

Last Sold June 28, 2023

Last sale price $280,000 $353 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,278/month

7 Days on Market

Highlights

  • Marina
  • Property is near public transit and schools
  • Park
  • Medical Services
  • Intercom
  • Entrance Foyer

About This Home

As of June 2023

Great for first time homeowners, downsizers, or weekend getaway. Updated, first floor unit, in the heart of downtown Gloucester offering open living space. Updated bathroom. Ample closet space. Enjoy low-maintenance condo living. In-unit combination laundry and SS kitchen appliances. Deeded one-car parking and additional guest spaces available. Distance to MBTA is .5 mile, perfect for commuters! Park, playground, community garden just one block away. Close proximity to downtown Gloucester and waterfront. Pets permitted per condo docs. Enjoy all that Gloucester has to offer in this is a low maintenance lifestyle in a cost efficient home that is easy to manage. Get your resident beach sticker to Gloucester beaches and enjoy the summer! Showings begin immediately, Open house Sunday 12 to 1:30 PM.Offers due on Tuesday the sixth by 12pm. 24 hour response time.

Last Agent to Sell the Property

Fintan Madden

RE/MAX Beacon Listed on: 05/30/2023

RE/MAX Beacon

Last Buyer's Agent

Samuel Saillant

United Brokers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,409

Year Built

  • Built in 1985

HOA Fees

  • $341 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 794 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Off-Street Parking
  • Deeded Parking

Location

  • Property is near public transit and schools

Utilities

  • No Cooling
  • 1 Heating Zone
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 0021 / 0033
  • Assessor Parcel Number 4638594

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 32 Units
  • Cleveland Place Condominiums Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,409

Year Built

Built in 1985

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1985
  • Entry Level: 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
  • Stories: 1

Interior Features

  • Flooring: Tile, Carpet, Wood Laminate
  • Interior Amenities: Entrance Foyer
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer/Dryer, Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Basement: N
  • Living Area: 794
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN4305
  • MAIN SO: BB9067

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Attached Garage YN: No
  • Carport Y N: No
  • Garage YN: No
  • Parking Features: Deeded, Off Street, Guest
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Electric Baseboard
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 341.04
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 4638594
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2409
  • Tax Block: 0033
  • Tax Lot: 0021

Multi Family

  • Number Of Units Total: 32
  • Basement Included Sq Ft: No

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2023
Sold by
Bennett Daniel W
Bought by
Bennett Rt and Bennett
Current Estimated Value
$327,461

Purchase Details

Closed on
Jan 15, 2020
Sold by
Gillis Joseph I
Bought by
Union T Mortgage Corp

Purchase Details

Closed on
Jun 30, 2006
Sold by
Cleveland Apts Llc
Bought by
Gillis 3Rd Joseph I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,900
Interest Rate
9.73%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Bennett Rt -- None Available
Union T Mortgage Corp $189,000 None Available
Gillis 3Rd Joseph I $174,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillis 3Rd Joseph I $174,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2023 06/28/23 Sold $280,000 +4.2% $353 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $268,800 +37.8% $339 / Sq Ft
09/09/2020 09/09/20 Sold $195,000 -2.5% $246 / Sq Ft View Prior Sale
08/26/2020 08/26/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $199,900 +22.7% $252 / Sq Ft
07/21/2020 07/21/20 Sold $162,925 -2.0% $205 / Sq Ft View Prior Sale
05/22/2020 05/22/20 Pending -- -- --
05/11/2020 05/11/20 Price Changed $166,250 -5.0% $209 / Sq Ft
04/10/2020 04/10/20 For Sale $175,000 -- $220 / 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 $2,707 $278,500 $0 $278,500
2024 $2,567 $263,800 $0 $263,800
2023 $2,409 $227,500 $0 $227,500
2022 $2,342 $199,700 $0 $199,700
2021 $2,335 $187,700 $0 $187,700
2020 $2,221 $180,100 $0 $180,100
2019 $2,115 $166,700 $0 $166,700
2018 $1,713 $132,500 $0 $132,500
2017 $1,617 $122,600 $0 $122,600
2016 $1,592 $117,000 $0 $117,000
2015 $1,563 $114,500 $0 $114,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73117146

MLS Property Information Network (MLS PIN)

APN: GLOU-000034-000033-000021