5 Babson St Unit 2 Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated payment $6,930/month
Highlights
- Marina
- Medical Services
- Custom Closet System
- Golf Course Community
- Harbor Views
- Fireplace in Bedroom
About This Home
Perched atop Gloucester, this spacious condo once home to a ship captain boasts timeless charm. Oversized windows frame breathtaking panoramic views of the harbor, Ten Pound Island, and a cityscape that has inspired artists for generations. Step inside to a formal living room or study with marble fireplace providing the perfect work-from-home retreat, adjacent to the family room where natural light pours through and a spacious private deck awaits. The kitchen showcases stainless steel appliances, soapstone countertops, and a breakfast bar that opens into a formal dining area. The interior is complete with newly installed mini-splits, hardwood floors, and custom closets. Located in the heart of Gloucester's vibrant cultural scene, this home offers unparalleled walkability to galleries, restaurants, beaches, and shops. Your search for the perfect balance of location, lifestyle, and lasting value ends here—where Gloucester's colorful past and bright future meet right outside your window.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,935
Year Built
- Built in 1900
Lot Details
- Near Conservation Area
- Two or More Common Walls
HOA Fees
- $419 Monthly HOA Fees
Home Design
- Frame Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 1,710 Sq Ft Home
- 1-Story Property
- Wired For Sound
- Ceiling Fan
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Living Room with Fireplace
- 2 Fireplaces
- Harbor Views
- Basement
Kitchen
- Breakfast Bar
- Range
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Bedroom
- Custom Closet System
- Dual Closets
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Beeman Elementary School
- O'maley Middle School
- GHS High School
Utilities
- Ductless Heating Or Cooling System
- 3 Cooling Zones
- 2 Heating Zones
- Heating System Uses Oil
- Baseboard Heating
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 1893645
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
- 3 Units
- Mid-Rise Condominium
- Briarcliff Estates Community
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,935 | $610,000 | $0 | $610,000 |
| 2024 | $5,935 | $610,000 | $0 | $610,000 |
| 2023 | $5,414 | $511,200 | $0 | $511,200 |
| 2022 | $5,194 | $442,800 | $0 | $442,800 |
| 2021 | $5,184 | $416,700 | $0 | $416,700 |
| 2020 | $5,138 | $416,700 | $0 | $416,700 |
| 2019 | $4,903 | $386,400 | $0 | $386,400 |
| 2018 | $4,632 | $358,200 | $0 | $358,200 |
| 2017 | $4,382 | $332,200 | $0 | $332,200 |
| 2016 | $4,090 | $300,500 | $0 | $300,500 |
| 2015 | $3,900 | $285,700 | $0 | $285,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | For Sale | $1,080,000 | +10.8% | $632 / Sq Ft |
| 09/30/2024 09/30/24 | Sold | $975,000 | -2.0% | $570 / Sq Ft |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- |
| 08/14/2024 08/14/24 | For Sale | $995,000 | -- | $582 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $150,000 | -- | |
| Deed | $150,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $675,000 | Purchase Money Mortgage | |
| Closed | $675,000 | Purchase Money Mortgage | |
| Closed | $25,000 | No Value Available | |
| Closed | $128,487 | No Value Available | |
| Closed | $150,000 | No Value Available | |
| Closed | $115,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73344778
APN: GLOU-000006-000073-000002
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