$1,480,000
SOLD NOV 2, 2015
5 Beds
4 Baths
4,234 Sq Ft
0.61 Acres

Recently Sold

$350 Per Sq Ft

4% Below List Price

120 Days on Market

About This Home

As of December 2021

If you know Gloucester, you know this is one of the best locations in the city. The first house built on Rocky Neck, this home overlooks Gloucester's famed inner harbor, and some of America's most famous artists have set up their easels in it's front yard! The house is graced with period details galore, 2 staircases, cupola with 360 degree views. It has an enviable history: with only 4 owners including Capt Ben Pine - one of Gloucester's most famous seamen and beloved citizens. The property is amazingly flexible and perfectly priced. Option to subdivide lot and build your dream waterfront home. Plans were drawn for 2,900,sf home which would sit low enough on lot to still enjoy gorgeous views from current house. Also, possibility to build a deep water dock!

Last Agent to Sell the Property

Barbara Dugan

Engel & Volkers By the Sea Listed on: 05/11/2015

Engel & Volkers By the Sea

Last Buyer's Agent

Matthew Dolan

Sagan Harborside Sotheby's International Realty

Sagan Harborside Sotheby's International Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,238

Year Built

1866

Lot Details

0

Listing Details

  • Lot Description: City View(s), Scenic View(s)
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1866

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 14
  • Amenities: Shopping, Park, Marina
  • Electric: Circuit Breakers, 200 Amps
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Full, Blown In
  • Basement: Full
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Porch, Deck
  • Foundation: Fieldstone, Granite

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 10

Utilities

  • Cooling: None
  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 6
  • Hot Water: Oil

Schools

  • Middle School: O'maley Middle
  • High School: Gloucester High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Nov 30, 2021
Sold by
Lafata Peter M and Lafata Suzanne
Bought by
Maloney Matthew J and Gibeley-Maloney Stephenie
Seller's Agent
Jarvid Cortes
Keller Williams Realty Evolution
Buyer's Agent
Jarvid Cortes
Keller Williams Realty Evolution
List Price
$1,275,000
Sold Price
$1,400,000
Premium/Discount to List
$125,000
9.8%
Current Estimated Value
$1,862,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,559
Avg. Annual Appreciation
8.23%
Original Mortgage
$1,200,000
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 11, 2015
Closed on
Nov 2, 2015
Sold by
Destino Alexander J and Destino Mara L
Bought by
Lafata Peter M and Lafata Suzanne
Seller's Agent
Barbara Dugan
Engel & Volkers By the Sea
Buyer's Agent
Matthew Dolan
Sagan Harborside Sotheby's International Realty
List Price
$1,549,000
Sold Price
$1,480,000
Premium/Discount to List
-$69,000
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.91%
Original Mortgage
$1,184,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 16, 2009
Sold by
Destino Jr Tr Alexander J
Bought by
Destino Alexander J and Destino Mara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.02%

Purchase Details

Closed on
May 16, 2008
Sold by
Destino Alexander J
Bought by
Destino Alex J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.1%
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 Type Sale Price Title Company
Not Resolvable $1,397,500 None Available
Not Resolvable $1,480,000 --
Land Court Massachusetts -- --
Deed -- --
Land Court Massachusetts $231,250 --
Land Court Massachusetts $768,750 --
Land Court Massachusetts -- --
Land Court Massachusetts $231,250 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Credit Line Revolving
Closed $1,200,000 Purchase Money Mortgage
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,184,000 Adjustable Rate Mortgage/ARM
Previous Owner $462,000 No Value Available
Previous Owner $481,000 No Value Available
Previous Owner $500,000 No Value Available
Previous Owner $150,000 No Value Available
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $1,400,000 +9.8% $328 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $1,275,000 -13.9% $299 / Sq Ft
11/02/2015 11/02/15 Sold $1,480,000 0.0% $350 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
07/28/2015 07/28/15 Off Market $1,480,000 -- --
05/11/2015 05/11/15 For Sale $1,549,000 -- $366 / 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 $17,238 $1,771,600 $740,800 $1,030,800
2024 $17,238 $1,771,600 $740,800 $1,030,800
2023 $16,233 $1,532,900 $631,900 $901,000
2022 $15,326 $1,306,600 $549,700 $756,900
2021 $14,789 $1,188,800 $499,900 $688,900
2020 $14,845 $1,204,000 $499,900 $704,100
2019 $15,880 $1,251,400 $588,800 $662,600
2018 $16,887 $1,306,000 $679,900 $626,100
2017 $16,370 $1,241,100 $647,600 $593,500
2016 $15,362 $1,128,700 $582,600 $546,100
2015 $15,094 $1,105,800 $602,000 $503,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71833818

MLS Property Information Network (MLS PIN)

APN: GLOU-000129-000009