NOT LISTED FOR SALE

Estimated Value: $320,000 - $368,000

1 Bed
2 Baths
839 Sq Ft
1988 Built

Last Sold July 17, 2020

Last sale price $240,000 $286 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,077/month

5 Days on Market

Highlights

  • Harbor Views
  • Security Service
  • Wall to Wall Carpet
  • Intercom
  • Forced Air Heating and Cooling System
  • 4-minute walk to Burnham's Field

About This Home

As of July 2020

Penthouse unit in Gloucester Mill. Dramatic floor to ceiling windows with the best views in the building over Gloucester's downtown to the harbor beyond. Unit 405 is truly turn key with brand new (2020) granite and stainless kitchen, master bath and HVAC. A short stroll (~ 1/10 th of a mile) to the commuter rail and grocery store and less than 2 miles to the beach. Walk to the shops and restaurants of Main Street where the aroma of quaint coffee shops take you back to Old World Italy, fine dining people from all over travel to experience, outdoor cafes for leisurely lunches and quirky shops filled with treasures. Perfect for a first time home owner, commuter or as a weekend getaway for beach lovers. Opportunity knocks to build equity and own for less than paying rent. All of this in a professionally managed building with parking, elevator and secure entry.

Last Agent to Sell the Property

Brackett Janis Group

Engel & Volkers By the Sea Listed on: 06/02/2020

Engel & Volkers By the Sea

Last Buyer's Agent

Timothy Tremonte

Realty ONE Group Cosmopolitan

Realty ONE Group Cosmopolitan

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Harbor Views
  • Year Round Access

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number M:0027 B:0086 L:0405

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Restrictions: Smoking - In Common Areas
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 286.05
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1988
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 405
  • Unit Level: 4
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Flooring: Wall to Wall Carpet, Laminate
  • Interior Amenities: Security System, Cable Available, Intercom
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 1
  • Master Bedroom: On Level: Second Floor, Bathroom - Full, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate, Countertops - Upgraded, Remodeled
  • No Rooms: 3
  • Dining Room: On Level: First Floor, Flooring - Wall to Wall Carpet, Open Floor Plan
  • Kitchen: On Level: First Floor, Flooring - Laminate, Breakfast Bar / Nook, Open Floor Plan, Remodeled
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Ceiling - Vaulted, Flooring - Wall to Wall Carpet, Open Floor Plan
  • No Living Levels: 2
  • Main Lo: AN4733
  • Main So: AN2383
  • Estimated Sq Ft: 839.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Waterview Features: Harbor
  • Waterview Flag: Yes
  • Exterior: Brick
  • Insulation Feature: Full

Garage/Parking

  • Parking Feature: Assigned
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • HOA Fees: 374.22
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Association Security: Intercom, TV Monitor
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Gloucester Mill

Lot Info

  • Assessments: 161200.00
  • Lot: 0405
  • Parcel Number: M:0027 B:0086 L:0405
  • Zoning: R4

Tax Info

  • Taxes: 2046.00
  • Assessor Parcel Number: 1895017

Multi Family

  • No Units: 70

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2009
Sold by
Lyons Melanie and Lyons Annette R
Bought by
Kelleher William and Kelleher Karen L
Current Estimated Value
$351,731

Purchase Details

Closed on
May 24, 1996
Sold by
Dragani Priscilla L
Bought by
Locicero Charles

Purchase Details

Closed on
Mar 15, 1993
Sold by
Fdic
Bought by
White Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kelleher William $130,000 --
Locicero Charles $55,000 --
White Priscilla $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Priscilla $28,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $240,000 0.0% $286 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $239,999 -- $286 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $2,990 $307,600 $0 $307,600
2024 $2,806 $288,400 $0 $288,400
2023 $2,571 $242,800 $0 $242,800
2022 $2,536 $216,200 $0 $216,200
2021 $2,275 $182,900 $0 $182,900
2020 $2,144 $173,900 $0 $173,900
2019 $2,046 $161,200 $0 $161,200
2018 $1,932 $149,400 $0 $149,400
2017 $1,754 $133,000 $0 $133,000
2016 $1,667 $122,500 $0 $122,500
2015 $1,567 $114,800 $0 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72666173

MLS Property Information Network (MLS PIN)

APN: GLOU-000027-000086-000405