NOT LISTED FOR SALE

Estimated Value: $1,261,000 - $3,441,425

3 Beds
5 Baths
3,212 Sq Ft
$843/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $1,550,000 $483 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $17,003/month

774 Days on Market

Highlights

  • Ocean View
  • Covered Deck
  • Gazebo
  • Landscaped Professionally
  • Wood Flooring
  • Balcony

About This Home

As of June 2020

Offering uninterrupted views of Atlantic ocean and endless sunrises, near Bass Rocks Golf Club, Eastern Point Yacht Club and Good Harbor Beach, this immaculate and redesigned 3 bed, 4.5 bath home features an expansive and flowing floor plan; a generous living room with granite fireplace and walls of ocean-facing windows—and private spaces for retreat, including an inviting den with adjoining bar. Blending high style and modern convenience, the eat in kitchen includes custom cabinets, granite countertops and adjacent dining room for ease of entertaining. The second floor master suite is a luxurious private enclave with gas fireplace, spa bath with grand closet, his-and-hers vanity, custom cabinetry, and a spectacular mahogany deck with shaded and sunny options for taking in the sea views. Perennial gardens, outdoor patios, and delightful gazebo make this the ideal home for those seeking serenity by the sea. An opportunity not to be missed.

Last Agent to Sell the Property

Amanda Armstrong

Compass Listed on: 03/16/2018

Compass

Last Buyer's Agent

Patty Knaggs

RE/MAX Beacon

RE/MAX Beacon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,066

Year Built

  • Built in 1965

Lot Details

  • Year Round Access
  • Stone Wall
  • Landscaped Professionally
  • Property is zoned R2

Parking

  • 1 Car Garage

Interior Spaces

  • Wet Bar
  • Central Vacuum
  • Window Screens
  • French Doors
  • Ocean Views
  • Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Deck
  • Gazebo
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Private Sewer
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,066

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 505.92
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1965
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Fireplaces: 3
  • Flooring: Tile, Hardwood
  • Interior Amenities: Central Vacuum, Cable Available, Wetbar, French Doors
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Third Floor, Dimension: 20X24, Bathroom - Full, Fireplace, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Balcony / Deck, Exterior Access, Recessed Lighting, Slider
  • Bedroom 2: On Level: First Floor, Dimension: 14X17, Bathroom - 3/4, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: First Floor, Dimension: 12X12, Bathroom - 3/4, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Bedroom 4: On Level: Basement, Dimension: 13X13, Bathroom - 3/4, Closet, Flooring - Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 5X7, Bathroom - Half, Bathroom - Double Vanity/Sink, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: First Floor, Dimension: 6X7, Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: Third Floor, Dimension: 11X14, Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
  • No Rooms: 12
  • Dining Room: On Level: First Floor, Dimension: 13X16, Flooring - Hardwood, Open Floor Plan, Recessed Lighting
  • Family Room: On Level: First Floor, Dimension: 13X17, Closet, Flooring - Hardwood, Recessed Lighting
  • Kitchen: On Level: First Floor, Dimension: 18X16, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Stainless Steel Appliances
  • Laundry: On Level: Basement, Dimension: 7X8, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Living Room: On Level: First Floor, Dimension: 27X14, Fireplace, Ceiling - Cathedral, Closet, Flooring - Hardwood, French Doors, Deck - Exterior, Exterior Access, Slider
  • Basement: Y
  • Basement Features: Finished
  • Other Room 1: Name: Bonus Room, On Level: Basement, Dimension: 13X35, Bathroom - 3/4, Flooring - Hardwood, Recessed Lighting
  • Other Room 2: Name: Home Office, On Level: Second Floor, Dimension: 13X17, Flooring - Hardwood, Cable Hookup
  • Main Lo: AN4733
  • Main So: NB5012
  • Estimated Sq Ft: 3212.00

Exterior Features

  • Beach Ownership: Public
  • Waterfront: Ocean
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Waterfront Flag: Yes
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Deck, Covered Patio/Deck, Balcony, Gutters, Professional Landscaping, Screens, Gazebo, Stone Wall
  • Foundation: Poured Concrete
  • Insulation Feature: Full, Fiberglass

Garage/Parking

  • Parking Feature: Paved Driveway
  • Parking Spaces: 4
  • Garage Parking: Attached, Garage Door Opener, Storage
  • Garage Spaces: 1

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 4
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Tennis Court, Walk/Jog Trails, Golf Course, Bike Path, House of Worship

Schools

  • Elementary School: East Gloucester
  • Middle School: O'Maley
  • High School: Gloucester High

Lot Info

  • Assessments: 1740700.00
  • Acre: 0.44
  • Lot Size: 19166.00
  • Page: 1
  • Zoning: R2
  • Lot Description: Paved Drive, Cleared, Gentle Slope, Scenic View(s)

Green Features

  • Energy Features: Insulated Windows, Storm Windows

Tax Info

  • Taxes: 21462.00
  • Assessor Parcel Number: 1897635

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
May 28, 2020
Sold by
Spiliotis Paul and Spiliotis Despena
Bought by
Reed Mcgoldrick Ret
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Patty Knaggs
RE/MAX Beacon
List Price
$1,799,000
Sold Price
$1,550,000
Premium/Discount to List
-$249,000
-13.84%
Current Estimated Value
$2,706,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,156,475
Avg. Annual Appreciation
13.41%

Purchase Details

Closed on
Oct 4, 2000
Sold by
207 Atlantic Rd Rt
Bought by
Spiliotis Paul and Spiliotis Despena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Reed Mcgoldrick Ret $1,550,000 None Available
Spiliotis Paul $751,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Mcgoldrick Ret $400,000
Previous Owner Spiliotis Paul $50,000
Previous Owner Spiliotis Paul $636,000
Previous Owner Spiliotis Despena $290,000
Previous Owner Spiliotis Despena $300,000
Previous Owner Spiliotis Despena $321,000
Previous Owner Spiliotis Despena $325,000
Previous Owner Spiliotis Paul $200,000
Closed Spiliotis Paul $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2020 06/10/20 Sold $1,550,000 -4.6% $483 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
03/12/2020 03/12/20 Price Changed $1,625,000 -7.1% $506 / Sq Ft
05/23/2019 05/23/19 Price Changed $1,749,000 -2.8% $545 / Sq Ft
05/10/2018 05/10/18 For Sale $1,799,000 0.0% $560 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $1,799,000 -- $560 / 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 $27,066 $2,781,700 $1,608,500 $1,173,200
2024 $27,066 $2,781,700 $1,608,500 $1,173,200
2023 $20,897 $1,973,300 $1,373,200 $600,100
2022 $21,339 $1,819,200 $1,193,300 $625,900
2021 $21,270 $1,709,800 $1,085,600 $624,200
2020 $21,463 $1,740,700 $1,085,600 $655,100
2019 $20,785 $1,637,900 $1,035,100 $602,800
2018 $20,323 $1,571,800 $1,009,900 $561,900
2017 $19,698 $1,493,400 $960,200 $533,200
2016 $19,189 $1,409,900 $919,600 $490,300
2015 $18,452 $1,351,800 $898,700 $453,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72294322

MLS Property Information Network (MLS PIN)

APN: GLOU-000076-000077