
5 Cape Terrace Gloucester, MA 01930
East Gloucester NeighborhoodHighlights
- Medical Services
- Property is near public transit
- Wood Flooring
- Waterfront
- Ranch Style House
- Home Office
About This Home
As of September 2021Come see this charming 3 Bedroom situated on a dead end road in the heart of East Gloucester. Ideal for a family just starting out or empty nesters with the need or potential for single level living. All bedroom are spacious with closets. The large finished basement is the perfect space for child's playroom, entertaining and/or game room. There is also 4 large closets for storage. A roomy office with privacy and quiet for a home work space. The utility room is set up to have a workshop and mounted tool set. The private, flat yard already has a raised garden bed, Reeds Ferry Shed and stone patio for entertaining. Move in ready with plenty of opportunity for a buyer to add their own touches to increase the value. The home is set up to have air conditioning installed and just needs a condenser and the electrical for a hot tub is in place. Minutes to Rocky Neck Art Colony, Gloucester Stage Company, Good Harbor Beach and Bass Rocks.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,587
Year Built
- Built in 1956
Lot Details
- 4,792 Sq Ft Lot
- Waterfront
- Street terminates at a dead end
- Fenced
- Property is zoned R-20
Home Design
- Ranch Style House
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,476 Sq Ft Home
- Insulated Windows
- Home Office
- Storm Doors
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Freezer
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Walking Distance to Water
- Patio
- Separate Outdoor Workshop
- Outdoor Storage
Location
- Property is near public transit
- Property is near schools
Schools
- Gloucester Elementary School
- O'maley Middle School
- Gloucester High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number M:0081 B:0016 L:0000,1897859
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Not Resolvable | $495,000 | None Available | |
Not Resolvable | $325,000 | -- | |
Deed | $140,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $470,250 | Purchase Money Mortgage | |
Closed | $470,250 | Purchase Money Mortgage | |
Previous Owner | $315,425 | FHA | |
Previous Owner | $315,250 | New Conventional | |
Previous Owner | $226,878 | No Value Available | |
Previous Owner | $226,000 | No Value Available | |
Previous Owner | $182,000 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/30/2021 09/30/21 | Sold | $495,000 | -4.6% | $335 / Sq Ft |
09/01/2021 09/01/21 | Pending | -- | -- | -- |
08/18/2021 08/18/21 | For Sale | $519,000 | +59.7% | $352 / Sq Ft |
08/28/2013 08/28/13 | Sold | $325,000 | -3.0% | $169 / Sq Ft |
07/14/2013 07/14/13 | Pending | -- | -- | -- |
06/18/2013 06/18/13 | Price Changed | $335,000 | -4.0% | $174 / Sq Ft |
06/05/2013 06/05/13 | For Sale | $349,000 | -- | $182 / Sq Ft |
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 | $5,101 | $524,300 | $190,200 | $334,100 |
2024 | $5,101 | $524,300 | $190,200 | $334,100 |
2023 | $5,123 | $483,800 | $169,800 | $314,000 |
2022 | $4,568 | $389,400 | $144,400 | $245,000 |
2021 | $4,587 | $368,700 | $131,200 | $237,500 |
2020 | $4,285 | $347,500 | $131,200 | $216,300 |
2019 | $4,226 | $333,000 | $131,200 | $201,800 |
2018 | $4,149 | $320,900 | $131,200 | $189,700 |
2017 | $4,040 | $306,300 | $125,000 | $181,300 |
2016 | $3,803 | $279,400 | $125,400 | $154,000 |
2015 | $3,748 | $274,600 | $125,400 | $149,200 |
Agents Affiliated with this Home
-
Seller's Agent in 2021
Heather Dagle
RE/MAX
(508) 982-3124
3 in this area
22 Total Sales
-
Buyer's Agent in 2021
Dick Tomaiolo
Essex Realty Group
(978) 857-6421
2 in this area
14 Total Sales
-
H
Seller's Agent in 2013
Henry Strzemilowski
Coldwell Banker Realty - Manchester
-
Buyer's Agent in 2013
The Mitchell Team
Keller Williams Realty Evolution
(978) 314-2955
77 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72883215

APN: GLOU-000081-000016
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