NOT LISTED FOR SALE

44 Folly Point Rd Gloucester, MA 01930

Estimated Value: $1,469,000 - $3,030,426

3 Beds
3 Baths
1,635 Sq Ft
$1,464/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $2,250,000 $1,376 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,242/month

7 Days on Market

About This Home

As of March 2014

Set 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.

Last Agent to Sell the Property

Amanda Armstrong

Compass Listed on: 12/16/2013

Compass

Last Buyer's Agent

Amanda Armstrong

Compass Listed on: 12/16/2013

Compass

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
Total Days on Market
7
Current Estimated Value
$2,393,607

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
-0.84%

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
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
Cliff Edge Folly Llc -- None Available
Kittredge Joseph B $1,125,000 --
J T Harries Ret -- --
Gloucester City Of $14,679 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harries J Theodore $50,000
Previous Owner Harries J Theodore $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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 $30,469 $3,131,500 $2,479,400 $652,100
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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71616699

MLS Property Information Network (MLS PIN)

APN: GLOU-000147-000011