NOT LISTED FOR SALE

Estimated Value: $464,080 - $586,000

2 Beds
2 Baths
1,020 Sq Ft
1880 Built

Last Sold October 14, 2016

Last sale price $328,000 $322 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,027/month

6 Days on Market

About This Home

As of October 2016

An immaculate 1880's Italianate Victorian located on a wide and appealing avenue in the heart of Gloucester's historic district, this renovated condominium is the perfect anchorage for enjoying life in one of the nation's oldest and most scenic fishing communities. Just minutes from the harbor and Boulevard, this two-bedroom, two-bath property offers the feel and quality of a single family home, offering spacious living with light-filled interiors and hardwood floors throughout. The first floor entry, a private entrance for the owner of this unit, opens to a charming foyer and elegant staircase leading to the main living area offering an open and flowing floor plan and includes stunning kitchen with stainless steel appliances and lovely private balcony and deck for savoring the wonderful sea breeze. Comes with deeded off-street parking (2), in unit laundry, exclusive basement storage as well as easy access to MBTA Commuter Rail to Bostom. Low association fee. Pet Friendly.

Last Agent to Sell the Property

Amanda Armstrong

Compass Listed on: 08/18/2016

Compass

Last Buyer's Agent

Theresa Scatterday

J. Barrett & Company

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,982

Year Built

1880

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, Front, Ground
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Restrictions: Rentals
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1880

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Marina, Private School, Public School, T-Station
  • Electric: 200 Amps
  • Energy: Insulated Windows, Storm Windows, Prog. Thermostat
  • Flooring: Wood
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Bedroom 2: Third Floor, 16X11
  • Bedroom 3: Third Floor, 11X14
  • Bathroom #1: Second Floor, 8X4
  • Bathroom #2: Third Floor, 4X9
  • Kitchen: Second Floor, 14X10
  • Laundry Room: Second Floor, 4X4
  • Living Room: Second Floor, 11X14
  • Dining Room: Second Floor, 8X11
  • Oth1 Room Name: Foyer
  • Oth1 Dscrp: Flooring - Hardwood
  • Oth1 Level: First Floor
  • No Living Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Shingles
  • Exterior Unit Features: Porch, Gutters
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Deeded, Improved Driveway
  • Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Extra Storage
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 4
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: West Parish
  • Middle School: O'maley
  • High School: Gloucester High

Lot Info

  • Zoning: R-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Oct 14, 2016
Sold by
Kamm Sharon F and Kamm Jay D
Bought by
Wright John T and Wright Rosalie
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Theresa Scatterday
J. Barrett & Company
List Price
$317,000
Sold Price
$328,000
Premium/Discount to List
$11,000
3.47%
Current Estimated Value
$508,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,270
Avg. Annual Appreciation
5.00%
Original Mortgage
$246,000
Outstanding Balance
$200,520
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$307,750

Purchase Details

Listed on
Apr 12, 2012
Closed on
Aug 24, 2012
Sold by
Armstrong Terry
Bought by
Kamm Sharon F and Kamm Jay D
Seller's Agent
Ann Olivo
J. Barrett & Company
Buyer's Agent
Amanda Armstrong
Compass
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$202,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Historic Seaport Home
Bought by
Armstrong Terry
Source: Public Records

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
Wright John T $328,000 --
Kamm Sharon F $270,000 --
Armstrong Terry $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright John T $246,000
Previous Owner Armstrong Terry $202,000
Previous Owner Armstrong Terry $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2016 10/14/16 Sold $328,000 +3.5% $322 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $317,000 +17.4% $311 / Sq Ft
08/24/2012 08/24/12 Sold $270,000 -6.9% $212 / Sq Ft View Prior Sale
08/21/2012 08/21/12 Pending -- -- --
06/11/2012 06/11/12 Price Changed $289,900 -3.3% $228 / Sq Ft
04/12/2012 04/12/12 For Sale $299,900 -- $235 / 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 $3,982 $409,200 $0 $409,200
2024 $3,982 $409,200 $0 $409,200
2023 $4,177 $394,400 $0 $394,400
2022 $4,199 $358,000 $0 $358,000
2021 $4,195 $337,200 $0 $337,200
2020 $4,158 $337,200 $0 $337,200
2019 $3,971 $312,900 $0 $312,900
2018 $3,754 $290,300 $0 $290,300
2017 $3,555 $269,500 $0 $269,500
2016 $3,558 $261,400 $0 $261,400
2015 $3,493 $255,900 $0 $255,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72055236

MLS Property Information Network (MLS PIN)

APN: GLOU-000014-000026-000002