NOT LISTED FOR SALE

Estimated Value: $215,000 - $321,754

1 Bed
1 Bath
541 Sq Ft
$153/mo HOA Fee

Last Sold December 28, 2022

Last sale price $188,000 $348 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,660/month

24 Days on Market

Highlights

  • Open Floorplan
  • Walking Distance to Water
  • Kitchen Island
  • Rowhouse Architecture
  • Bathtub with Shower
  • Ceramic Tile Flooring

About This Home

As of December 2022

Bright and cheerful one bedroom condominium in the Babson Block. Gloucester Boulevard, Pavilion Beach, Stage Fort Park and downtown Glloucester are all within a half mile. Plus the MBTA station is also less than half a mile away. Buyers must comply with income and assets in order to qualify to purchase this unit. Pre approvals must be provided by a lender who will agree to lend on a Ground Lease. Units are protected by a Deed Rider and any agreement will require final approval by the State Department of Housing and Urban Development. Rentals are not allowed and the unit must be occupied as a primary residence. Maximum income: 1 person $78,300, 2 people $89,500. Showings by appointment only.

Last Agent to Sell the Property

Ruth Pino

RE/MAX Beacon Listed on: 09/22/2022

RE/MAX Beacon

Last Buyer's Agent

Jackelyn Enslow

J. Barrett & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1900

HOA Fees

  • $153 Monthly HOA Fees

Home Design

  • Rowhouse Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 541 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Insulated Windows

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Schools

  • O'maley Middle School
  • GHS High School

Utilities

  • No Cooling
  • Electric Baseboard Heater
  • Natural Gas Connected
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number M:0006 B:0085 L:0005(A),4496182

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, snow removal
  • 15 Units
  • Babson Block Condominium Community

Amenities

  • Common Area

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,532

Year Built

Built in 1900

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Rowhouse
  • Year Built: 1900
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Carpet
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer, Electric Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Third
  • Room Master Bedroom Area: 204
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Kitchen Island, Open Floorplan, Gas Stove
  • Room Kitchen Area: 228
  • Laundry Features: In Unit
  • Room Living Room Level: Third
  • Room Living Room Area: 67.0625
  • Room Living Room Features: Flooring - Stone/Ceramic Tile, Open Floorplan
  • Basement: N
  • Living Area: 541
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN4305
  • LIST PRICE PER Sq Ft: 347.5
  • PRICE PER Sq Ft: 347.5
  • MAIN SO: C95243

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Electric Baseboard, Electric
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 153
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Senior Community YN: No
  • UNIT BUILDING: 5
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:0006 B:0085 L:0005(A),4496182
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 3
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1532
  • Tax Book Number: 23567
  • Tax Lot: 85
  • Tax Map Number: 6

Multi Family

  • Number Of Units Total: 15
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 15

MLS Schools

  • High School: Ghs
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2004
Sold by
Gillis Robert J
Bought by
Matteus Cynthia A
Total Days on Market
24
Current Estimated Value
$245,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,400
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Matteus Cynthia A $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muise Lauren E $50,000
Closed Matteus Cynthia A $88,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $188,000 0.0% $348 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $188,000 -- $348 / 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 $1,643 $168,900 $0 $168,900
2024 $1,643 $168,900 $0 $168,900
2023 $1,511 $142,700 $0 $142,700
2022 $1,615 $137,700 $0 $137,700
2021 $1,713 $137,700 $0 $137,700
2020 $1,698 $137,700 $0 $137,700
2019 $1,711 $134,800 $0 $134,800
2018 $1,669 $129,100 $0 $129,100
2017 $1,700 $128,900 $0 $128,900
2016 $1,712 $125,800 $0 $125,800
2015 $1,682 $123,200 $0 $123,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73039563

MLS Property Information Network (MLS PIN)

APN: GLOU-000006-000085-000005A