Seller's Agent in 2014
Amanda Armstrong
Compass
(978) 879-6322
227 Total Sales
44 Folly Point Rd Gloucester, MA 01930
Estimated Value: $1,033,000 - $2,980,000
3
Beds
3
Baths
1,635
Sq Ft
$1,423/Sq Ft
Est. Value
About This Home
As of March 2014Set atop a dramatic bluff overlooking Folly Point, at the end of a long private drive surrounded by sea on three sides, this classic Cape Cod-style seaside cottage offers an alluring combination of timeless natural beauty and expansion/development potential rarely found in today's market. The property is at once a magnificent retreat and an inviting beacon for gathering family and friends. The home exudes the romantic charm of its natural setting—elegantly carved wood panel doors, weathered hardwood floors, colorfully accented windows framing painterly vistas on all sides, and surprisingly spacious interior rooms opening onto sunny patios and sprawling terraces bordered by cut granite walls and landscaped gardens. From points throughout the house and grounds, the horizon seems limitless, stretching without obstruction toward Essex Bay, Cranes Beach, Hog Island, Isle of Shoals, the New Hampshire and Maine coastlines.
Home Details
Home Type
Single Family
Year Built
1955
Lot Details
0
Listing Details
- Lot Description: Level, Scenic View(s)
- Special Features: None
- Property Sub Type: Detached
- Stories: 2
- Year Built: 1955
Interior Features
- Has Basement: Yes
- Fireplaces: 1
- Number of Rooms: 9
- Amenities: Public Transportation, Walk/Jog Trails, Conservation Area, Public School, T-Station
- Electric: 100 Amps
- Flooring: Wall to Wall Carpet, Marble, Hardwood, Stone / Slate
- Interior Amenities: Cable Available, Wetbar
- Basement: Finished, Walk Out, Interior Access, Sump Pump, Concrete Floor
- Bedroom 2: Second Floor, 12X23
- Bedroom 3: First Floor, 13X10
- Bathroom #1: First Floor, 8X7
- Bathroom #2: Second Floor, 5X8
- Bathroom #3: Basement, 6X9
- Kitchen: Basement, 16X11
- Laundry Room: Basement
- Living Room: First Floor, 16X24
- Master Bedroom: Second Floor, 15X23
- Master Bedroom Description: Closet, Flooring - Wall to Wall Carpet
- Dining Room: First Floor, 11X11
- Family Room: Basement, 11X11
Exterior Features
- Waterfront Property: Yes
- Construction: Stone/Concrete
- Exterior: Clapboard, Stone
- Exterior Features: Porch - Enclosed, Patio, Storage Shed, Decorative Lighting, Garden Area, Stone Wall
- Foundation: Granite
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 10
Utilities
- Hot Water: Electric
- Utility Connections: for Electric Range, for Electric Dryer
Condo/Co-op/Association
- HOA: No
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 16, 2021
Sold by
Kittredge Joseph B
Bought by
Cliff Edge Folly Llc
Current Estimated Value
Purchase Details
Listed on
Dec 16, 2013
Closed on
Mar 31, 2014
Sold by
J Theodore Harries Ret
Bought by
Kittredge Joseph B
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Amanda Armstrong
Compass
List Price
$2,395,000
Sold Price
$2,250,000
Premium/Discount to List
-$145,000
-6.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.29%
Purchase Details
Closed on
Nov 27, 2012
Sold by
Harries James T
Bought by
J T Harries Ret
Purchase Details
Closed on
Feb 11, 2011
Sold by
Harries Theodore J
Bought by
Gloucester City Of
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cliff Edge Folly Llc | -- | None Available | |
| Kittredge Joseph B | $1,125,000 | -- | |
| J T Harries Ret | -- | -- | |
| Gloucester City Of | $14,679 | -- | |
| Gloucester City Of | $14,679 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | J T Harries Ret | $50,000 | |
| Previous Owner | J T Harries Ret | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2014 03/31/14 | Sold | $2,250,000 | -6.1% | $1,376 / Sq Ft |
| 12/23/2013 12/23/13 | Pending | -- | -- | -- |
| 12/16/2013 12/16/13 | For Sale | $2,395,000 | -- | $1,465 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $34,757 | $3,575,800 | $2,602,800 | $973,000 |
| 2024 | $30,469 | $3,131,500 | $2,479,400 | $652,100 |
| 2023 | $25,310 | $2,390,000 | $2,114,500 | $275,500 |
| 2022 | $22,859 | $1,948,800 | $1,839,400 | $109,400 |
| 2021 | $22,148 | $1,780,400 | $1,673,700 | $106,700 |
| 2020 | $22,131 | $1,794,900 | $1,673,700 | $121,200 |
| 2019 | $21,716 | $1,711,300 | $1,595,800 | $115,500 |
| 2018 | $22,457 | $1,736,800 | $1,556,900 | $179,900 |
| 2017 | $21,786 | $1,651,700 | $1,483,000 | $168,700 |
| 2016 | $21,425 | $1,574,200 | $1,418,600 | $155,600 |
| 2015 | $15,726 | $1,152,100 | $982,300 | $169,800 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Armstrong
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71616699
APN: GLOU-000147-000011
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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