NOT LISTED FOR SALE

Estimated Value: $490,000 - $537,000

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. 14% increase in value since last sale

Current estimated payment $3,485/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 Listed By

Ronald Salvatore

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

Berkshire Hathaway HomeServices Commonwealth Real Estate

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%
Total Days on Market
33
Views
88
Current Estimated Value
$512,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,904
Avg. Annual Appreciation
5.53%
Original Mortgage
$427,500
Outstanding Balance
$417,601
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$95,303

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

Range of Values:

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Average Value
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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
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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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73036884

MLS Property Information Network (MLS PIN)

APN: GLOU-000014-000026-000001