NOT LISTED FOR SALE

42 Eastern Point Blvd Gloucester, MA 01930

East Gloucester Neighborhood

Estimated Value: $5,193,224 - $6,202,000

6 Beds
4 Baths
4,811 Sq Ft
$1,173/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $2,662,500 $553 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $35,055/month

50 Days on Market

About This Home

As of April 2017

Oceanfront Belmar Estate on prestigious Eastern Point Boulevard! Situated on over one and a half acres of land, this exquisite property offers breathtaking front and rear Atlantic Ocean, Niles Pond, and Gloucester Harbor views. The main house consists of six ample bedrooms, two full and two half baths, inviting entertainment room, lovely study, grand dining room, and vast kitchen with a butler's pantry and a separate eat-in section, equipped with a five star range and hood as well as a Liebherr side by side refrigerator. The generous master bedroom offers an elegant marble en-suite bathroom and a stunning wraparound deck. Pristine hardwood floors throughout the house in addition to four impressive fireplaces. The separate guesthouse is comprised of two bedrooms, one full bath, deck, laundry and a five bay garage. Enjoy gorgeous sunrises and sunsets from every window inside the splendid home or outside on multiple decks.

Last Listed By

Joseph Palermino

Cabot & Company Listed on: 09/14/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,472

Year Built

  • 1906

Lot Details

  • 1.53

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,472

Year Built

1906

Lot Details

0

Listing Details

  • Lot Description: Level, Scenic View(s)
  • Property Type: Single Family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1906

Interior Features

  • Appliances: Range, Wall Oven, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
  • Fireplaces: 4
  • Has Basement: Yes
  • Fireplaces: 4
  • Primary Bathroom: Yes
  • Number of Rooms: 12
  • Basement: Partially Finished
  • Bedroom 2: Second Floor, 17X14
  • Bedroom 3: Second Floor, 13X14
  • Bedroom 4: Second Floor, 10X10
  • Bedroom 5: Third Floor, 16X16
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 13X18
  • Laundry Room: Second Floor
  • Living Room: First Floor, 16X36
  • Master Bedroom: Second Floor, 16X29
  • Master Bedroom Description: Bathroom - Full, Flooring - Hardwood, Balcony / Deck, Deck - Exterior, Slider
  • Dining Room: First Floor, 20X15
  • Family Room: First Floor, 14X29
  • Oth1 Room Name: Study
  • Oth1 Dimen: 9X12
  • Oth1 Dscrp: Fireplace, Flooring - Hardwood
  • Oth2 Room Name: Bedroom
  • Oth2 Dimen: 16X10
  • Oth2 Dscrp: Flooring - Hardwood
  • Oth3 Room Name: Bathroom
  • Oth3 Dscrp: Bathroom - Half
  • Oth4 Room Name: Foyer
  • Oth4 Dimen: 16X19
  • Oth4 Dscrp: Fireplace, Flooring - Hardwood

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Exterior: Shingles
  • Exterior Features: Porch, Deck, Deck - Wood, Patio, Balcony, Guest House, Stone Wall
  • Foundation: Fieldstone
  • Waterfront: Ocean, Pond, Harbor
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 5
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 12

Utilities

  • Heating: Central Heat, Forced Air, Gas
  • Sewer: Private Sewerage
  • Water: City/Town Water

Lot Info

  • Zoning: RC-40

Multi Family

  • Waterview: Harbor, Ocean, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2019
Sold by
Deboer Stephen M Est
Bought by
Maher Laureen
Total Days on Market
50
Current Estimated Value
$5,642,408

Purchase Details

Listed on
Sep 14, 2016
Closed on
Apr 7, 2017
Sold by
Vonhaller Ute Demarco
Bought by
Kosheff Jonathann R and Kosheff Kris A
Seller's Agent
Joseph Palermino
Cabot & Company
Buyer's Agent
McDermott & MacCarthy
Gibson Sotheby's International Realty
List Price
$2,995,000
Sold Price
$2,662,500
Premium/Discount to List
-$332,500
-11.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Nov 21, 2014
Sold by
Vonhaller Ute Demarco
Bought by
Concord T Co Llc

Purchase Details

Closed on
Dec 19, 2008
Sold by
Demarco Brammer and Demarco Vonhaller
Bought by
Demarco Tr Vonhaller

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
Maher Laureen -- --
Kosheff Jonathann R $2,662,500 --
Concord T Co Llc -- --
Demarco Tr Vonhaller -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $2,662,500 -11.1% $553 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $2,995,000 -- $623 / 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 $43,472 $4,467,800 $2,973,200 $1,494,600
2024 $43,472 $4,467,800 $2,973,200 $1,494,600
2023 $40,798 $3,852,500 $2,534,700 $1,317,800
2022 $38,431 $3,276,300 $2,110,100 $1,166,200
2021 $37,197 $2,990,100 $1,919,900 $1,070,200
2020 $37,006 $3,001,300 $1,919,900 $1,081,400
2019 $35,840 $2,824,300 $1,830,600 $993,700
2018 $38,477 $2,975,800 $1,701,200 $1,274,600
2017 $38,471 $2,916,700 $1,700,900 $1,215,800
2016 $35,562 $2,612,900 $1,538,100 $1,074,800
2015 -- $2,506,300 $1,503,100 $1,003,200
Source: Public Records

Agents Affiliated with this Home

  • Joseph Palermino

    Seller's Agent in 2017

    Joseph Palermino

    Cabot & Company

    (617) 896-5000

    9 Total Sales

    Joseph Palermino
    Section Image

  • M

    Buyer's Agent in 2017

    McDermott & MacCarthy

    Gibson Sotheby's International Realty

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72068237

MLS Property Information Network (MLS PIN)

APN: GLOU-000135-000011

Massachusetts Essex County Gloucester 01930 East Gloucester

42 Eastern Point Blvd, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 42 Eastern Point Blvd, Gloucester, MA 01930 since 14 September 2016 and is currently estimated at $5,642,408, approximately $1,172 per square foot. This property was built in 1906. 42 Eastern Point Blvd is a home located in Essex County with nearby schools including East Gloucester Elementary School, Ralph B O'maley Middle School, and Gloucester High School.

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