NOT LISTED FOR SALE

Estimated Value: $506,000 - $549,199

2 Beds
2 Baths
1,165 Sq Ft
$256/mo HOA Fee

Last Sold November 30, 2022

Last sale price $450,000 $386 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,531/month

33 Days on Market

Highlights

  • Marina
  • Open Floorplan
  • Deck
  • Waterfront
  • Fireplace in Primary Bedroom
  • 5-minute walk to Burnham's Field

About This Home

As of November 2022

Highly sought-after condo in downtown Gloucester, 2 blocks from Main Street and the ocean. This unit offers comfortable one level living. Cozy master bedroom includes a brick fireplace, and plenty of closet/storage space. The main bath has a marble shower and marble floors along with a washer and dryer. Kitchen features Cherry Wood cabinets, dark granite counters and high-end stainless-steel appliances. Living room is accented with oversized windows, exposed brick and a gas stove that adds charm to this unit. Hardwood floors and high ceilings throughout, along with recessed lights, central air and plenty of natural light. A deeded 1 car garage and a private deck make this condo complete. The 16' by 10' storage space in basement is plentiful.

Last Agent to Sell the Property

Ronald Salvatore

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 09/15/2022

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Debra Lovelace

Churchill Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,871

Year Built

  • Built in 1880

Lot Details

  • Waterfront
  • Garden

HOA Fees

  • $256 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Stone

Interior Spaces

  • 1,165 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Wood Burning Stove

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Dual Closets
  • 2 Full Bathrooms
  • Pedestal Sink
  • Bathtub with Shower
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • East Gloucester Elementary School
  • O'maley Middle School
  • Gloucester High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Pellet Stove burns compressed wood to generate heat
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4747288

Community Details

Overview

  • Association fees include insurance, maintenance structure
  • 4 Units

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Marina

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,871

Year Built

Built in 1880

Lot Details

0

HOA Fees

$256 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other (See Remarks)
  • Year Built: 1880
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Marble, Hardwood
  • Entry Location: Unit Placement(Street)
  • Fireplace Features: Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Tank Water Heater, Utility Connections for Gas Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood, Cable Hookup, Recessed Lighting
  • Room Bedroom2 Area: 182
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Cable Hookup, Lighting - Overhead, Closet - Double
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 195.75
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 76
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Marble, Dryer Hookup - Electric, Washer Hookup
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Area: 49
  • Bathroom 2 Features: Bathroom - With Shower Stall, Flooring - Laminate, Pedestal Sink
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Stainless Steel Appliances, Lighting - Pendant
  • Room Kitchen Area: 192
  • Laundry Features: In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 204
  • Room Living Room Features: Wood / Coal / Pellet Stove, Flooring - Hardwood, Cable Hookup, Open Floorplan, Recessed Lighting
  • Basement: N
  • Living Area: 1165
  • Stories Total: 1
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 402.58
  • PRICE PER Sq Ft: 386.27
  • MAIN SO: AN4851

Exterior Features

  • Exterior Features: Garden, Rain Gutters
  • Construction Materials: Stone
  • Patio And Porch Features: Deck - Composite, Patio
  • Roof: Other
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Garage Door Opener, Deeded, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Oven, for Gas Dryer, for Electric Dryer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Wood Stove
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 256
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, Marina, Public School
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure

Lot Info

  • Parcel Number: 4747288
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 18
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4871.47
  • Tax Book Number: 35005

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Gloucester High
  • Elementary School: East Gloucester
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Nov 30, 2022
Sold by
Balzarini Douglas P and Rodrigues Judith M
Bought by
Lovelace Debra and Lovelace Dennis
Seller's Agent
Ronald Salvatore
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Debra Lovelace
Churchill Properties
List Price
$489,000
Sold Price
$450,000
Premium/Discount to List
-$39,000
-7.98%
Views
88
Current Estimated Value
$520,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,800
Avg. Annual Appreciation
5.83%
Original Mortgage
$427,500
Outstanding Balance
$416,360
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,440

Purchase Details

Closed on
Oct 13, 2021
Sold by
Rodrigues Judith M
Bought by
Balzarini Douglas P and Rodrigues Judith M

Purchase Details

Closed on
Jun 15, 2016
Sold by
Slifer Bruce C and Slifer Kathleen M
Bought by
Rodrigues Judith M

Purchase Details

Closed on
Aug 18, 2009
Sold by
Historic Seaport Home
Bought by
Slifer Bruce C
Source: Public Records

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Range of Values:

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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
Lovelace Debra $450,000 None Available
Balzarini Douglas P -- None Available
Rodrigues Judith M $300,000 --
Slifer Bruce C $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovelace Debra $427,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $450,000 -4.1% $386 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
09/29/2022 09/29/22 Price Changed $469,000 -4.1% $403 / Sq Ft
09/15/2022 09/15/22 For Sale $489,000 -- $420 / 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 $4,614 $474,200 $0 $474,200
2024 $4,614 $474,200 $0 $474,200
2023 $4,842 $457,200 $0 $457,200
2022 $4,871 $415,300 $0 $415,300
2021 $4,869 $391,400 $0 $391,400
2020 $4,826 $391,400 $0 $391,400
2019 $4,613 $363,500 $0 $363,500
2018 $4,365 $337,600 $0 $337,600
2017 $4,138 $313,700 $0 $313,700
2016 $4,140 $304,200 $0 $304,200
2015 $4,066 $297,900 $0 $297,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73036884

MLS Property Information Network (MLS PIN)

APN: GLOU-000014-000026-000001