Seller's Agent in 2023
Lillian Lograsso
J. Barrett & Company
(978) 479-2250
4 in this area
27 Total Sales
5 Adams Place Gloucester, MA 01930
East Gloucester NeighborhoodEstimated Value: $560,000 - $632,000
3
Beds
1.5
Baths
1,203
Sq Ft
$484/Sq Ft
Est. Value
Highlights
- Custom Closet System
- Vaulted Ceiling
- Sun or Florida Room
- Colonial Architecture
- Wood Flooring
- No HOA
About This Home
As of May 2023East Gloucester ~ Located on a quiet side street, this wonderful 3 bedroom, 1.5 bath Colonial is new to market and ready for a new owner's updates and personal touches! Walk in and feel right at home. The first floor offers a spacious and sunny living room with bay window, an eat-in kitchen with breakfast bar area overlooking the dining room which offers some beautiful built-ins, a half bath w/laundry and a breezeway which leads you to an awesome sun porch that you are guaranteed to fall in love with! Upstairs you'll find 3 bedrooms and a full bath and a nice sized storage area. The enclosed yard & patio is fabulous for summertime gatherings and gardening. There is a full basement with interior and ext access. A huge bonus: Located only 1 mile to our famous Good Harbor Beach and easy access to downtown and highway! First showings Tues 4/25 from 4-6pm and Wed 4/26 12/2pm. Offers due by 10am Friday.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,170
Year Built
- Built in 1900
Lot Details
- 4,500 Sq Ft Lot
- Fenced
- Irregular Lot
- Garden
- Property is zoned R-10
Home Design
- Colonial Architecture
- Brick Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 1,203 Sq Ft Home
- Wainscoting
- Vaulted Ceiling
- Ceiling Fan
- Bay Window
- Dining Area
- Sun or Florida Room
Kitchen
- Breakfast Bar
- Range
- Microwave
- Trash Compactor
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
Laundry
- Laundry on main level
- Laundry in Bathroom
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 1 Car Parking Space
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Enclosed Patio or Porch
Utilities
- No Cooling
- Central Heating
- 1 Heating Zone
- Heating System Uses Oil
- Baseboard Heating
- Water Heater
Community Details
- No Home Owners Association
- East Gloucester Subdivision
Listing and Financial Details
- Assessor Parcel Number 1896301
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2023
Closed on
May 31, 2023
Sold by
Mckay Margaret T Est
Bought by
Holmes Brittany L and Holmes Samuel S
Seller's Agent
Lillian Lograsso
J. Barrett & Company
Buyer's Agent
Amanda Armstrong
Compass
List Price
$499,000
Sold Price
$530,000
Premium/Discount to List
$31,000
6.21%
Views
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,853
Avg. Annual Appreciation
3.66%
Original Mortgage
$512,311
Outstanding Balance
$498,612
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$83,241
Purchase Details
Closed on
Oct 1, 1971
Bought by
Mckay Bruce C and Mckay Margaret T
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Holmes Brittany L | $530,000 | None Available | |
| Mckay Bruce C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Holmes Brittany L | $512,311 | |
| Previous Owner | Mckay Bruce C | $90,000 | |
| Previous Owner | Mckay Bruce C | $60,000 | |
| Previous Owner | Mckay Bruce C | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2023 05/31/23 | Sold | $530,000 | +6.2% | $441 / Sq Ft |
| 04/28/2023 04/28/23 | Pending | -- | -- | -- |
| 04/24/2023 04/24/23 | For Sale | $499,000 | -- | $415 / 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 | $4,378 | $450,400 | $146,100 | $304,300 |
| 2024 | $4,359 | $448,000 | $139,200 | $308,800 |
| 2023 | $4,170 | $393,800 | $124,300 | $269,500 |
| 2022 | $4,035 | $344,000 | $108,100 | $235,900 |
| 2021 | $3,890 | $312,700 | $98,200 | $214,500 |
| 2020 | $3,798 | $308,000 | $98,200 | $209,800 |
| 2019 | $3,585 | $282,500 | $98,200 | $184,300 |
| 2018 | $3,414 | $264,000 | $98,200 | $165,800 |
| 2017 | $3,307 | $250,700 | $93,600 | $157,100 |
| 2016 | $3,208 | $235,700 | $97,600 | $138,100 |
| 2015 | $3,071 | $225,000 | $97,600 | $127,400 |
Source: Public Records
Agents Affiliated with this Home
-
Lillian Lograsso
-
Amanda Armstrong
Buyer's Agent in 2023
Amanda Armstrong
Compass
(978) 879-6322
18 in this area
227 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73102204
APN: GLOU-000049-000086
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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