NOT LISTED FOR SALE

Estimated Value: $315,000 - $382,000

2 Beds
1 Bath
812 Sq Ft
1900 Built

Last Sold September 05, 2014

Last sale price $155,000 $191 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,059/month

39 Days on Market

About This Home

As of September 2014

Bright and spacious condominium in the heart of the downtown area and close to the commuter rail! 1st floor, 4 room condo has modern kitchen with maple style cabinets, private entrances, off street parking and in-unit laundry. This precious condo is within a 2 unit building with a shared yard for relaxation and gardening! Come home to Cape Ann and all that Gloucester's waterfront has to offer. Purchase for as little as 5% down! This property is approved for HomePath Mortgage and HomePath Renovation Mortgage. Start packing!! Seller requests that all offers be presented thru their on-line system; see "firm Remarks" and attached instructions.

Last Listed By

Carol St. Pierre

Tache Real Estate, Inc. Listed on: 07/10/2014

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,428

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 1
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Highway Access, T-Station
  • Flooring: Wall to Wall Carpet

Exterior Features

  • Exterior: Shingles
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Condominium Name: 28 Chestnut Street Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance
  • No Units: 2
  • Unit Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2014
Closed on
Sep 5, 2014
Sold by
Fnma
Bought by
Seavey James
Seller's Agent
Carol St. Pierre
Tache Real Estate, Inc.
Buyer's Agent
Michele Meadows
Keller Williams Realty Evolution
List Price
$154,900
Sold Price
$155,000
Premium/Discount to List
$100
0.06%
Total Days on Market
39
Current Estimated Value
$335,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,029
Avg. Annual Appreciation
7.72%
Original Mortgage
$123,920
Outstanding Balance
$96,696
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$246,420

Purchase Details

Closed on
Aug 6, 2013
Sold by
Reardon Joyce
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 4, 2007
Sold by
Silva Brian K
Bought by
Reardon Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Gloucester, MA

  • 384 Main St Unit 1, Gloucester, MA 01930

    $324,900

    • 2 Beds
    • 1 Bath
    • 726 Sq Ft
    • 384 Main St
    • Unit 1
    • Gloucester, MA

    Located across from Gloucester’s working docks and inner harbor, this charming 2-bed, 1-bath condo offers coastal living in the heart of downtown. Enjoy your own private covered patio off the kitchen. This well-maintained unit includes one designated off-street parking spot, and ample on-street parking for guests. Just 1 mile to Good Harbor Beach and close to local shops, restaurants, and the

    DalBon & Company Keller Williams Realty Evolution

    Section Image
  • 145 Essex Ave Unit 405, Gloucester, MA 01930

    $259,900

    • 1 Bed
    • 1 Bath
    • 636 Sq Ft
    • 145 Essex Ave
    • Unit 405
    • Gloucester, MA

    Affordable 3 BD, 1 Bath garden style condo on the 1st floor for easy access. This unit features an open concept eat in kitchen / living room with views of the beautiful Annisquam River. Updated Electric stove, DW and Frig. Big bedroom with a huge walk in closet! The 2 large picture windows in the BR & LR allows plenty of sunlight. The big AC wall unit keeps you cool in the summer! The laundry

    David Nicholaou Re/Max Innovative Properties

    Section Image
  • 145 Essex Ave Unit 322, Gloucester, MA 01930

    $259,000

    • 1 Bed
    • 1 Bath
    • 655 Sq Ft
    • 145 Essex Ave
    • Unit 322
    • Gloucester, MA

    Spacious 1 bedroom, 1 bathroom condo at the Heights at Cape Ann. Open concept dining area with a high-top counter that connects the kitchen and living room. Private deck off living room with peaks of the Annisquam River. Large bedroom with walk-in closet. Plenty of extra storage space. Condo fee includes heat, hot water, sewer, trash, snow removal, landscaping, exterior maintenance, mgmt fees,

    Samantha Tolken Edgar D. Fulton REALTORS®

    Section Image
  • 145 Essex Ave Unit 501, Gloucester, MA 01930

    $319,000

    • 2 Beds
    • 1 Bath
    • 714 Sq Ft
    • 145 Essex Ave
    • Unit 501
    • Gloucester, MA

    Move right into this freshly painted and affordable 2 bedroom, 1 bath garden level condo at The Residences of Cape Ann Heights! This complex offers amenities like no other in town including a fitness club, a gorgeous inground pool, and a clubhouse! Located just minutes to Stacey Blvd, Stage Fort Park, and Gloucester's historic Harbor, you can buy this as a Year round residence or a summer getaway

    Lillian Lograsso J. Barrett & Company

    Section Image
  • 145 Essex Ave Unit 503, Gloucester, MA 01930

    $245,000

    • 1 Bed
    • 1 Bath
    • 636 Sq Ft
    • 145 Essex Ave
    • Unit 503
    • Gloucester, MA

    Discover The Heights of Gloucester. Situated high on a hill with commanding views of the Little River, Annisquam River and beyond. This darling one bedroom FULLY FURNISHED unit offers the perfect seaside getaway, only minutes to everything historic Gloucester has to offer--fishing, marina and boating, restaurants, the fabulous Boulevard plus a short drive out to Rt. 128. Health issues now

    Don Dunsky Don Dunsky Real Estate

    Section Image
  • 2 Ocean Ave Unit 3H, Gloucester, MA 01930

    $369,900

    • 2 Beds
    • 1 Bath
    • 870 Sq Ft
    • 2 Ocean Ave
    • Unit 3H
    • Gloucester, MA

    Great opportunity to own a newly renovated 2-bedroom, 1-bathroom unit in the heart of Gloucester. Freshly painted with new flooring, updated bathroom vanity, and granite countertops, this home is move-in ready. Enjoy the spacious bedrooms bathed in natural light and featuring new wall-to-wall carpeting. Whether you're seeking a comfortable home or a promising investment opportunity, this unit

    Candor Realty Group Four Points Real Estate, LLC

    Section Image

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
Seavey James $155,000 --
Federal National Mortgage Association $134,729 --
Reardon Joyce $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seavey James $123,920
Previous Owner Silva Brian K $144,000
Previous Owner Silva Brian K $18,000
Previous Owner Silva Brian K $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2014 09/05/14 Sold $155,000 0.0% $191 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
08/03/2014 08/03/14 Off Market $155,000 -- --
07/10/2014 07/10/14 For Sale $154,900 -- $191 / 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 $2,428 $249,500 $0 $249,500
2024 $2,428 $249,500 $0 $249,500
2023 $2,327 $219,700 $0 $219,700
2022 $2,332 $198,800 $0 $198,800
2021 $2,324 $186,800 $0 $186,800
2020 $2,303 $186,800 $0 $186,800
2019 $2,194 $172,900 $0 $172,900
2018 $2,068 $159,900 $0 $159,900
2017 $1,952 $148,000 $0 $148,000
2016 $1,851 $136,000 $0 $136,000
2015 $1,815 $133,000 $0 $133,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71711858

MLS Property Information Network (MLS PIN)

APN: GLOU-000013-000045-000001