NOT LISTED FOR SALE

Estimated Value: $477,000 - $549,462

2 Beds
2 Baths
1,632 Sq Ft
$499/mo HOA Fee

Last Sold May 18, 2023

Last sale price $448,000 $275 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,662/month

6 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Open Floorplan
  • 4-minute walk to Burnham's Field

About This Home

As of May 2023

Rare opportunity to own one of only four 1600+ square foot units at Gloucester Mill. As you enter the unit you will be wowed by the massive arched windows, soaring ceilings, & exposed brick. The floor plan is open, with the main level featuring a large living room, dining area, & kitchen, as well as a spacious bedroom, full bath, laundry, & pantry. The upper level features a second bedroom, another full bath, & a huge bonus room. The bonus room has ample closets & limitless possibilities...a home office, a hang-out room, or extra space for guests! Enjoy central air in the summer & watch the beautiful sunsets from most rooms in this home. The building offers an intercom system, an elevator, an assigned parking space, and additional parking for guests. Ideally located less than a mile from Downtown Gloucester, Pavillion Beach, and the Commuter Rail. Showings begin at Open Houses Saturday, 4/8 from 12am-2pm & Monday, 4/10 from 4pm-6pm. Please submit any offers by Tuesday, 4/11 at 12pm.

Last Agent to Sell the Property

Jessica Tully

William Raveis R.E. & Home Services Listed on: 04/04/2023

William Raveis R.E. & Home Services

Last Buyer's Agent

Amanda Veseskis

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,872

Year Built

  • Built in 1988

Lot Details

  • Near Conservation Area

HOA Fees

  • $499 Monthly HOA Fees

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Bonus Room
  • Wall to Wall Carpet
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heat Pump System
  • Hot Water Heating System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0027 B:0086 L:0311,1895032

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 70 Units
  • Mid-Rise Condominium
  • Gloucester Mill Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,872

Year Built

Built in 1988

Lot Details

0

HOA Fees

$499 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1988
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Flooring - Wall to Wall Carpet
  • Interior Amenities: Closet - Double, Bonus Room
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Tank Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom2 Area: 212.166666
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 248.451388
  • Bathroom 1 Area: 64.701388
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Countertops - Upgraded
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Area: 49.166666
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Room Dining Room Features: Flooring - Wall to Wall Carpet
  • Room Dining Room Level: First
  • Room Dining Room Area: 169.555555
  • Room Kitchen Level: First
  • Room Kitchen Features: Countertops - Upgraded, Stainless Steel Appliances
  • Room Kitchen Area: 114.722222
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 248.111111
  • Room Living Room Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet, Open Floorplan
  • Basement: N
  • Living Area: 1632
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: A95602
  • LIST PRICE PER Sq Ft: 254.29
  • PRICE PER Sq Ft: 274.51
  • MAIN SO: AN7396

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned, Deeded, Guest
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Amenities: Hot Water, Elevator(s)
  • Association Fee: 499.25
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 311
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:0027 B:0086 L:0311,1895032
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 106
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3872
  • Tax Book Number: 88

Multi Family

  • Number Of Units Total: 70
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 1988
Sold by
Glou Mill Rt
Bought by
Lima Helen B
Current Estimated Value
$512,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
10.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Lima Helen B $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercier Kathleen $403,200
Closed Basch Martin W $77,300
Closed Kima Helen B $72,800
Closed Lima Helen B $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $448,000 +8.0% $275 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $415,000 +110.7% $254 / Sq Ft
07/22/2013 07/22/13 Sold $197,000 +1.1% $121 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $194,900 -- $119 / 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 $4,019 $413,100 $0 $413,100
2024 $4,019 $413,100 $0 $413,100
2023 $3,872 $365,600 $0 $365,600
2022 $3,820 $325,700 $0 $325,700
2021 $3,812 $306,400 $0 $306,400
2020 $3,594 $291,500 $0 $291,500
2019 $3,428 $270,100 $0 $270,100
2018 $3,235 $250,200 $0 $250,200
2017 $2,936 $222,600 $0 $222,600
2016 $2,790 $205,000 $0 $205,000
2015 $2,621 $192,000 $0 $192,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73094979

MLS Property Information Network (MLS PIN)

APN: GLOU-000027-000086-000311