NOT LISTED FOR SALE

Estimated Value: $3,126,000 - $5,357,000

5 Beds
6 Baths
6,169 Sq Ft
$687/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $2,100,000 $340 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $26,543/month

56 Days on Market

Highlights

  • Ocean View
  • Landscaped Professionally
  • Wood Flooring
  • In Ground Pool
  • Deck
  • Fenced Yard

About This Home

As of August 2018

One of the most striking and architecturally distinctive homes on Eastern Point Road, known for its landmark properties, this stylish residence evokes the glamour and sophistication of its Gilded Age origin while offering 21st century comfort and convenience. The visually arresting exterior - w/ thick fieldstone walls, aluminum gates, circular stone drive, carved hardwood doors, a pale stucco faí§ade and red terracotta roof adorning an imposing Mediterranean Revival structure - is enhanced by the home's nonpareil location, commanding a prime spot in East Gloucester with oversized in-ground pool and cabana, manicured lawns and mature gardens, and large southwest-facing private beach perfect for long days by the water. The refined interior supports both entertaining on a grand scale and quiet enjoyment of the home's remarkable setting, with almost all rooms offering views of the ocean. Over 1 acre of land w/ parking for 10-15 cars and quick access to Niles/Good Harbor Beach and Boston.

Last Listed By

Amanda Armstrong

Compass Listed on: 05/15/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,244

Year Built

  • Built in 1920

Lot Details

  • Year Round Access
  • Fenced Yard
  • Stone Wall
  • Landscaped Professionally
  • Sprinkler System
  • Garden
  • Property is zoned R3

Parking

  • 1 Car Garage

Property Views

  • Ocean Views
  • Views of a Sound

Interior Spaces

  • Decorative Lighting
  • Window Screens
  • French Doors
  • Washer and Dryer
  • Basement

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Enclosed patio or porch
  • Rain Gutters

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,244

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Victorian, Italianate
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 388.23
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Fireplaces: 7
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Security System, Cable Available, French Doors
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer / Dryer Combo, Vent Hood
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Dimension: 18X13, Bathroom - Full, Closet - Walk-in, Flooring - Hardwood, Window(s) - Picture, Deck - Exterior, Recessed Lighting
  • Bedroom 2: On Level: Second Floor, Dimension: 12X9, Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting
  • Bedroom 3: On Level: Second Floor, Dimension: 16X13, Closet, Flooring - Hardwood, Recessed Lighting
  • Bedroom 4: On Level: Second Floor, Dimension: 17X14, Fireplace, Closet, Flooring - Hardwood, Recessed Lighting
  • Bedroom 5: On Level: Third Floor, Dimension: 18X13, Bathroom - Full, Ceiling Fan(s), Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 6X2, Bathroom - Half, Flooring - Hardwood, Recessed Lighting
  • Bathroom 2: On Level: Second Floor, Dimension: 12X13, Bathroom - Full, Bathroom - Tiled With Tub, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: Third Floor, Dimension: 7X8, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 19
  • Dining Room: On Level: First Floor, Dimension: 15X16, Flooring - Hardwood, Window(s) - Picture, Deck - Exterior, Exterior Access
  • Family Room: On Level: First Floor, Dimension: 15X27, Fireplace, Ceiling - Beamed, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting
  • Kitchen: On Level: First Floor, Dimension: 12X21, Bathroom - Half, Skylight, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Main Level, Kitchen Island, Wine Chiller, Gas Stove
  • Laundry: On Level: Second Floor, Dimension: 12X8, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Recessed Lighting, Washer Hookup
  • Living Room: On Level: First Floor, Dimension: 16X13, Fireplace, Flooring - Hardwood, Window(s) - Picture, Deck - Exterior
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access, Concrete Floor
  • Other Room 1: Name: Bathroom, On Level: Second Floor, Dimension: 7X8, Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • Other Room 3: Name: Bathroom, On Level: Third Floor, Dimension: 12X6, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Main Lo: AN4733
  • Main So: AN4733
  • Estimated Sq Ft: 6169.00

Exterior Features

  • Beach Ownership: Private, Public
  • Waterfront: Ocean, Frontage, Walk to, Access, Direct Access, Private
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterfront Flag: Yes
  • Waterview Features: Ocean, Private, Sound, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Stucco
  • Exterior Features: Deck - Composite, Patio, Patio - Enclosed, Balcony, Pool - Inground, Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Fenced Yard, Garden Area, Stone Wall
  • Foundation: Granite, Irregular
  • Insulation Feature: Full, Fiberglass - Batts

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway, Unpaved Driveway
  • Parking Spaces: 6
  • Garage Parking: Attached, Garage Door Opener, Insulated
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Heating: Gas
  • Heat Zones: 7
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Conservation Area, House of Worship, Marina, Public School, T-Station

Schools

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

Lot Info

  • Assessments: 2261100.00
  • Acre: 1.05
  • Lot Size: 45738.00
  • Page: 457
  • Zoning: R3
  • Lot Description: Paved Drive, City View(s), Cleared, Fenced/Enclosed, Level, Scenic View(s)

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 29236.00
  • Assessor Parcel Number: 1900339

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Aug 31, 2018
Sold by
31 Eastern Point Road
Bought by
Schwartz David and Schwartz Debra
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Kristin Francoeur
Gibson Sotheby's International Realty
List Price
$2,395,000
Sold Price
$2,100,000
Premium/Discount to List
-$295,000
-12.32%
Total Days on Market
56
Current Estimated Value
$4,237,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,137,520
Avg. Annual Appreciation
11.51%

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 Buyer Sale Price Title Company
Schwartz David $2,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 31 Eastern Point Road $1,250,000
Previous Owner 31 Eastern Point Road $800,000
Previous Owner Anscombe Jean A $125,000
Previous Owner Anscombe Jean A $25,000
Previous Owner Anscombe Jean A $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $2,100,000 -12.3% $340 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $2,395,000 -- $388 / 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 $35,244 $3,622,200 $1,727,700 $1,894,500
2024 $35,244 $3,622,200 $1,727,700 $1,894,500
2023 $33,156 $3,130,900 $1,473,000 $1,657,900
2022 $32,107 $2,737,200 $1,282,000 $1,455,200
2021 $31,012 $2,492,900 $1,166,200 $1,326,700
2020 $29,735 $2,411,600 $1,166,200 $1,245,400
2019 $29,976 $2,362,200 $1,111,900 $1,250,300
2018 $29,236 $2,261,100 $1,084,800 $1,176,300
2017 $28,353 $2,149,600 $1,033,100 $1,116,500
2016 $27,328 $2,007,900 $988,100 $1,019,800
2015 $26,055 $1,908,800 $965,700 $943,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72326894

MLS Property Information Network (MLS PIN)

APN: GLOU-000132-000030