NOT LISTED FOR SALE

2 Cambridge Ave Gloucester, MA 01930

Annisquam Neighborhood

Estimated Value: $1,372,000 - $4,595,000

9 Beds
9 Baths
8,898 Sq Ft
$358/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $1,925,000 $216 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $20,056/month

317 Days on Market

About This Home

As of June 2013

‘Quattro Venti' iconic Annisquam waterfront estate on 1.25+/- acres has the distinction of being one of the last untouched summer cottages of Cape Ann with a Ch. 91 dock permit. For the discerning buyer looking for Annisquam on the water with dock/float potential, this magnificent landmark property is your destination. Built in 1914, the stucco residence has a red clay tiled roof, 12 foot French doors that open onto a loggia on the river's edge is a prime renovation project.

Last Agent to Sell the Property

John Farrell

Coldwell Banker Realty - Beverly Listed on: 04/16/2012

Coldwell Banker Realty - Beverly

Last Buyer's Agent

John Farrell

Coldwell Banker Realty - Beverly Listed on: 04/16/2012

Coldwell Banker Realty - Beverly

Home Details

Home Type

Single Family

Year Built

1914

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements, Shared Drive, Level, Scenic View(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1914

Interior Features

  • Has Basement: Yes
  • Fireplaces: 7
  • Primary Bathroom: Yes
  • Number of Rooms: 20
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Conservation Area, Marina, Private School, Public School, T-Station
  • Electric: Circuit Breakers, 100 Amps
  • Flooring: Wood, Vinyl, Stone / Slate, Hardwood
  • Interior Amenities: Cable Available
  • Basement: Partial, Interior Access, Bulkhead
  • Bedroom 2: Second Floor, 12X12
  • Bedroom 3: Second Floor, 13X13
  • Bedroom 4: Second Floor, 13X14
  • Bedroom 5: Second Floor, 15X16
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: First Floor
  • Kitchen: First Floor, 16X19
  • Laundry Room: First Floor, 8X8
  • Living Room: First Floor, 25X30
  • Master Bedroom: Second Floor, 15X18
  • Master Bedroom Description: Flooring - Hardwood, Closet - Linen, Bathroom - Full, Fireplace
  • Dining Room: First Floor, 15X25

Exterior Features

  • Frontage: 63
  • Waterfront Property: Yes
  • Construction: Frame, Stone/Concrete
  • Exterior: Stucco
  • Exterior Features: Porch, Patio, Covered Patio/Deck, Gutters
  • Foundation: Poured Concrete, Slab

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Heat Zones: 1
  • Hot Water: Oil, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2014
Sold by
Burke William H
Bought by
Burke Family Compound
Current Estimated Value
$3,183,314

Purchase Details

Listed on
Apr 16, 2012
Closed on
Jun 14, 2013
Sold by
Bent Peter V
Bought by
Burke William H
Seller's Agent
John Farrell
Coldwell Banker Realty - Beverly
Buyer's Agent
John Farrell
Coldwell Banker Realty - Beverly
List Price
$2,495,000
Sold Price
$1,925,000
Premium/Discount to List
-$570,000
-22.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
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
Burke Family Compound -- --
Burke William H $1,925,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2013 06/14/13 Sold $1,925,000 -22.8% $216 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
04/16/2012 04/16/12 For Sale $2,495,000 -- $280 / 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 $40,934 $4,211,300 $3,475,200 $736,100
2024 $39,369 $4,046,100 $3,310,000 $736,100
2023 $37,554 $3,546,200 $2,822,100 $724,100
2022 $37,300 $3,179,900 $2,455,800 $724,100
2021 $36,387 $2,925,000 $2,234,800 $690,200
2020 $36,446 $2,955,900 $2,234,800 $721,100
2019 $36,566 $2,881,500 $2,130,900 $750,600
2018 $33,818 $2,615,500 $1,930,400 $685,100
2017 $31,506 $2,388,600 $1,838,200 $550,400
2016 $29,566 $2,172,400 $1,771,100 $401,300
2015 $27,278 $1,998,400 $1,730,800 $267,600
Source: Public Records

Agents Affiliated with this Home

  • John Farrell

    Seller's Agent in 2013

    John Farrell

    Coldwell Banker Realty - Beverly

    (978) 578-5203

    122 Total Sales

    John Farrell
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71367782

MLS Property Information Network (MLS PIN)

APN: GLOU-000119-000053

Massachusetts Essex County Gloucester 01930 Annisquam

2 Cambridge Ave, Gloucester, MA

Not Listed for Sale

Detached

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