$247,000
SOLD MAR 10, 2016

25 Elm St Unit 2 Gloucester, MA 01930

Central Gloucester Neighborhood
2 Beds
1 Bath
1,129 Sq Ft
6,926 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

7% Below List Price

120 Days on Market

About This Home

As of July 2018

Spacious 1st floor, 2 bedroom condominium on a quiet one-way street in the heart of Gloucester's downtown. This unit is one of the two larger units in the complex and has exclusive use of the front porch and back deck, which is located just off the kitchen and perfect for grilling. There are also 2 deeded parking spaces, 1 in the garage. This unit has a programmable thermostat and a 2013 water heater. There are beautiful original details throughout, including a window seat, beamed ceilings, built-in china cabinet, hardwood floors and lots of closet space. The Kitchen has a breakfast bar and was renovated, Bathroom was tiled and windows replaced in 2004. 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

Julie Smith

Engel & Volkers By the Sea Listed on: 10/12/2015

Engel & Volkers By the Sea

Last Buyer's Agent

Robbie Reutzel

NXD Realty LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,211

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Tile, Hardwood
  • Insulation: Partial, Mixed
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor, 12X9
  • Bathroom #1: First Floor, 6X5
  • Kitchen: First Floor, 13X12
  • Laundry Room: Basement
  • Living Room: First Floor, 12X14
  • Master Bedroom: First Floor, 12X11
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • Dining Room: First Floor, 12X16

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Unit Features: Porch, Deck, Garden Area

Garage/Parking

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

Utilities

  • Cooling: Window AC
  • Heating: Hot Water Radiators, Gas
  • Cooling Zones: 2
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Condominium Name: 25 Elm Street Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 4
  • Unit Building: 2

Schools

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

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
NXD Realty LLC
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
$467,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,700
Avg. Annual Appreciation
7.20%
Original Mortgage
$226,400
Outstanding Balance
$196,209
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$271,491

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
NXD Realty LLC
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

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 Type Sale Price Title Company
Not Resolvable $283,000 --
Not Resolvable $247,000 --
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $226,400 New Conventional
Previous Owner $197,600 New Conventional
Previous Owner $220,000 No Value Available
Previous Owner $25,000 No Value Available
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $50,000 No Value Available
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

  • R

    Seller's Agent in 2018

    Robbie Reutzel

    NXD Realty LLC

    8 Total Sales

    Robbie Reutzel
    Section Image

  • T

    Seller Co-Listing Agent in 2018

    The Solutions Group

    AA Premier Properties, LLC

  • Karen Hanson

    Buyer's Agent in 2018

    Karen Hanson

    Engel & Volkers By the Sea

    (617) 590-6100

    7 Total Sales

    Karen Hanson
    Section Image
  • Julie Smith

    Seller's Agent in 2016

    Julie Smith

    Engel & Volkers By the Sea

    (978) 865-1198

    30 Total Sales

    Julie Smith
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71919800

MLS Property Information Network (MLS PIN)

APN: GLOU-000013-000034-000002

Massachusetts Essex County Gloucester 01930 Central Gloucester

25 Elm St Unit 2, Gloucester, MA

This home is located at 25 Elm St Unit 2, Gloucester, MA 01930 and is currently priced at $247,000, approximately $218 per square foot. This property was built in 1900. 25 Elm St Unit 2 is a home located in Essex County with nearby schools including East Gloucester Elementary School, Ralph B O'maley Middle School, and Gloucester High School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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