NOT LISTED FOR SALE

Estimated Value: $407,000 - $492,000

2 Beds
1 Bath
1,129 Sq Ft
$174/mo HOA Fee

Last Sold July 13, 2018

Last sale price $283,000 $251 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,888/month

29 Days on Market

About This Home

As of July 2018

This spacious 1st floor, 2 bedroom condominium on a quiet one-way street in the heart of Gloucester's downtown will not last! One of the two larger units in the building with exclusive use of the front porch and back deck-located just off the kitchen and perfect for grilling. Complete with 2 deeded parking spaces, 1 in the garage. The unit features a programmable thermostat and a new water heater. Beautiful original details throughout, including a window seat, beamed ceilings, built-in china cabinet, hardwood floors and lots of closet space. Galley kitchen with breakfast nook overlooking back yard and deck. Interior access to the extra locked storage in the basement and the laundry area. Walk to area shopping, restaurants, waterfront and the commuter train to Boston. Low condo fee includes master insurance, exterior maintenance, water & sewer, landscaping, snow removal and common area utilities.

Last Agent to Sell the Property

Robbie Reutzel

In REM Real Estate Inc. Listed on: 04/21/2018

Co-Listed By

The Solutions Group

AA Premier Properties, LLC

Last Buyer's Agent

Karen Hanson

Engel & Volkers By the Sea

Engel & Volkers By the Sea

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,211

Year Built

  • Built in 1900

Lot Details

  • Year Round Access

HOA Fees

  • $174 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,211

Year Built

Built in 1900

Lot Details

0

HOA Fees

$174 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 255.98
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 1
  • Unit Placement: Street, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 12X11, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: First Floor, Dimension: 12X9, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Dimension: 6X5, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 5
  • Dining Room: On Level: First Floor, Dimension: 12X16, Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Dimension: 13X12, Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Exterior Access
  • Laundry: On Level: Basement, Dryer Hookup - Gas, Washer Hookup
  • Living Room: On Level: First Floor, Dimension: 12X14, Flooring - Hardwood
  • Basement: Y
  • Other Room 1: Name: Foyer, On Level: First Floor, Dimension: 8X10, Closet, Flooring - Hardwood
  • No Living Levels: 1
  • Main Lo: AC0295
  • Main So: an4733
  • Estimated Sq Ft: 1129.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Insulation Feature: Partial, Mixed
  • Exterior Unit Features: Porch, Deck, Garden Area

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Deeded
  • Parking Spaces: 1
  • Garage Parking: Detached, Garage Door Opener, Deeded
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Window AC
  • Cooling Zones: 2
  • Heating: Hot Water Radiators, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School
  • HOA Fees: 174.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 25 Elm St. Condominium

Schools

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

Lot Info

  • Assessments: 216900.00
  • Page: 104
  • Zoning: R-5

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Tax Info

  • Taxes: 2804.52
  • Assessor Parcel Number: 4442117

Multi Family

  • No Units: 4
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2018
Closed on
Jul 13, 2018
Sold by
Adam M Weisberger Ret
Bought by
Mercier Anne M and Mercier James
Seller's Agent
Robbie Reutzel
In REM Real Estate Inc.
Buyer's Agent
Karen Hanson
Engel & Volkers By the Sea
List Price
$289,000
Sold Price
$283,000
Premium/Discount to List
-$6,000
-2.08%
Current Estimated Value
$440,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,808
Avg. Annual Appreciation
6.57%
Original Mortgage
$226,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2015
Closed on
Mar 10, 2016
Sold by
Payton Tamar I
Bought by
Weisberger Adam
Seller's Agent
Julie Smith
Engel & Volkers By the Sea
Buyer's Agent
Robbie Reutzel
In REM Real Estate Inc.
List Price
$265,000
Sold Price
$247,000
Premium/Discount to List
-$18,000
-6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$197,600
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2004
Sold by
Nash Michael W
Bought by
Payton Tamar I

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
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Mercier Anne M $283,000 --
Weisberger Adam $247,000 --
Payton Tamar I $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercier Anne M $45,000
Open Mercier Anne M $243,500
Closed Mercier Anne M $226,400
Previous Owner Weisberger Adam $197,600
Previous Owner Weisberger Adam $197,600
Previous Owner Payton Tamar I $220,000
Previous Owner Payton Tamar I $25,000
Previous Owner Payton Tamar I $200,000
Previous Owner Payton Tamar I $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $283,000 -2.1% $251 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $289,000 +17.0% $256 / Sq Ft
03/10/2016 03/10/16 Sold $247,000 -1.2% $219 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
01/27/2016 01/27/16 Price Changed $250,000 -5.7% $221 / Sq Ft
10/12/2015 10/12/15 For Sale $265,000 -- $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 $3,211 $330,000 $0 $330,000
2024 $3,211 $330,000 $0 $330,000
2023 $3,274 $309,200 $0 $309,200
2022 $3,291 $280,600 $0 $280,600
2021 $3,287 $264,200 $0 $264,200
2020 $3,258 $264,200 $0 $264,200
2019 $3,081 $242,800 $0 $242,800
2018 $2,805 $216,900 $0 $216,900
2017 $2,655 $201,300 $0 $201,300
2016 $2,527 $185,700 $0 $185,700
2015 $2,483 $181,900 $0 $181,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72312894

MLS Property Information Network (MLS PIN)

APN: GLOU-000013-000034-000002