Margaret Belmonte
Leading Edge Real Estate
(351) 208-9854
40 Total Sales
1 in Central Gloucester
$500,000 Price
5 Babson St Unit 2 Gloucester, MA 01930
Central Gloucester Neighborhood
2
Beds
2
Baths
1,710
Sq Ft
1900
Built
Highlights
- Property is near a beach
- Custom Closet System
- Deck
- Harbor Views
- Fireplace in Bedroom
- Wood Flooring
About This Home
As of July 2026OFFER ACCEPTED. OPEN HOUSE CANCELLED. can show for back up offers. 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 downtown area. 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.
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,900
Year Built
- Built in 1900
Lot Details
- Two or More Common Walls
HOA Fees
- $619 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- 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
- Range
- Microwave
- 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
- Deeded Parking
Outdoor Features
- Property is near a beach
- Deck
- Rain Gutters
Schools
- Beeman Elementary School
- O'malley 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 1893646
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
- 3 Units
- Mid-Rise Community
- Briarcliff Estates Community
Amenities
- Common Area
Pet Policy
- Pets Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2024
Closed on
Sep 19, 2024
Sold by
Bought by
Seller's Agent
Windrift RE Group
Compass
Buyer's Agent
Scott Smith
Coldwell Banker Realty - Manchester
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Purchase Details
Closed on
Sep 27, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 27, 1996
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.05%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central Gloucester, MA
-
Margaret Belmonte
-
Jucelia Oliveira
Jucelia Oliveira
Delmaschio Group Realty
(781) 670-5516
61 Total Sales
1 in Central Gloucester
$325,000 Price
-
Virginia Todd
Virginia Todd
Leading Edge Real Estate
(857) 323-6892
51 Total Sales
1 in Central Gloucester
$406,000 Price
-
Deborah Evans
Deborah Evans
J. Barrett & Company
(351) 215-0813
110 Total Sales
1 in Central Gloucester
$749,000 Price
-
Diane Cadogan Hughes
Diane Cadogan Hughes
Barrett Sotheby's International Realty
(781) 776-5452
74 Total Sales
1 in Central Gloucester
$855,000 Price
-
Kelly Blagden
Kelly Blagden
Churchill Properties
(351) 207-3384
17 Total Sales
1 in Central Gloucester
$658,900 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $975,000 | None Available | |
| Quit Claim Deed | $750,000 | None Available | |
| Deed | $150,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $675,000 | Purchase Money Mortgage | |
| Previous Owner | $25,000 | No Value Available | |
| Previous Owner | $128,487 | No Value Available | |
| Previous Owner | $115,000 | No Value Available | |
| Previous Owner | $25,000 | No Value Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/07/2026 07/07/26 | Sold | $1,052,000 | -0.3% | $615 / Sq Ft | |
| 04/24/2026 04/24/26 | Pending | -- | -- | -- | |
| 04/20/2026 04/20/26 | For Sale | $1,055,000 | +8.2% | $617 / Sq Ft | |
| 09/30/2024 09/30/24 | Sold | $975,000 | -2.0% | $570 / Sq Ft | View Prior Sale |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- | |
| 08/14/2024 08/14/24 | For Sale | $995,000 | -- | $582 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,945 | $714,500 | $0 | $714,500 |
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Armstrong
Seller's Agent in 2026
Amanda Armstrong
Compass
(978) 879-6322
12 in this area
225 Total Sales
-
Victoria Flavin
Seller Co-Listing Agent in 2026
Victoria Flavin
Compass
(978) 879-8397
1 in this area
12 Total Sales
-
Ronald Farren
Buyer's Agent in 2026
Ronald Farren
Churchill Properties
(978) 807-1156
1 in this area
17 Total Sales
-
W
Seller's Agent in 2024
Windrift RE Group
Compass
-
Scott Smith
Buyer's Agent in 2024
Scott Smith
Coldwell Banker Realty - Manchester
(617) 750-2793
4 in this area
44 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73504488
APN: GLOU-000006-000073-000002
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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