NOT LISTED FOR SALE

Estimated Value: $1,798,000

2.8 Acres
$642,143 Price per Acre
121,968 Sq Ft Lot

Last Sold April 27, 2012

Last sale price $1,000,000

Est. 80% increase in value since last sale

Current estimated payment $9,896/month

83 Days on Market

Highlights

  • Waterfront
  • Walking Distance to Water
  • 3-minute walk to Benjamin Smith Playground at Cripple Cove
  • 2.8 Acre Lot
  • Development of the land is complete

About This Lot

As of April 2012

On the west side of Stanwood Point and with approximately 480 feet of direct frontage on The Little River this unique +/- 2.8 acre waterfront property, the former Camp Annisquam, is an exciting redevelopment opportunity. Oriented towards the south and west, a good portion of the property is elevated and slopes gently to the river. There is a lovely small sandy beach and a chapter 91 tidal dock. Several existing camp buildings are at the water’s edge .

Last Agent to Sell the Property

Richard Church

LandVest, Inc., Manchester -by-the-Sea Listed on: 09/27/2011

Last Buyer's Agent

Jonathan Nyberg

Old New England Properties

Property Details

Property Type

  • Land

Lot Details

  • 2.8 Acre Lot
  • Waterfront
  • Sloped Lot
  • Development of the land is complete
  • Property is zoned R20

Outdoor Features

  • Walking Distance to Water

Utilities

  • Electricity To Lot Line
  • Natural Gas Not Available
  • Private Sewer

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: C03800
  • MAIN SO: BB5374

Exterior Features

  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront Features: Waterfront, Beach Front, River, River, Walk to, Beach Ownership(Private)
  • Waterfront YN: Yes

Utilities

  • Sewer: Private Sewer, Public Sewer
  • Gas: None
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Zoning: R20
  • Development Status: Finish Graded
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped
  • Lot Size Acres: 2.8
  • Lot Size Sq Ft: 121967.999999
  • Lot Size Units: Acres
  • LOT SIZE: 121967

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 99999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2025
Sold by
Stanwood Point Dev Llc
Bought by
50 Granite Ridge Llc
Current Estimated Value
$1,798,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Outstanding Balance
$1,376,359
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$421,641

Purchase Details

Closed on
Aug 8, 2025
Sold by
Stanwood Point Dev Llc
Bought by
Pelich Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Outstanding Balance
$1,376,359
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$421,641

Purchase Details

Closed on
Mar 31, 2011
Sold by
Sova Bernard A and Sova Phyllis A
Bought by
Gloucester City Of
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
50 Granite Ridge Llc -- --
50 Granite Ridge Llc -- --
Pelich Joseph M -- --
Pelich Joseph M -- --
Gloucester City Of $14,337 --
Gloucester City Of $14,337 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 50 Granite Ridge Llc $1,380,000
Closed 50 Granite Ridge Llc $1,380,000
Closed Pelich Joseph M $1,264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $1,000,000 +2.6% --
03/28/2012 03/28/12 Pending -- -- --
09/27/2011 09/27/11 For Sale $975,000 -- --
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 $6,052 $622,600 $608,300 $14,300
2024 $5,642 $579,900 $579,900 $0
2023 $5,478 $517,300 $517,300 $0
2022 $5,416 $461,700 $439,600 $22,100
2021 $4,898 $393,700 $390,700 $3,000
2020 $4,854 $393,700 $390,700 $3,000
2019 $4,996 $393,700 $390,700 $3,000
2018 $5,091 $393,700 $390,700 $3,000
2017 $4,905 $371,900 $371,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71292934

MLS Property Information Network (MLS PIN)

APN: GLOU-000230-000169