$325,000
SOLD AUG 28, 2013

5 Cape Terrace Gloucester, MA 01930

East Gloucester Neighborhood
2 Beds
1 Bath
1,920 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

7% Below List Price

39 Days on Market

About This Home

As of September 2021

This charming East Gloucester home is located on a quiet side street it features hardwood floors a newly tiled bath & kitchen with granite counter tops stainless steel appliances & tiled floor. With a large fenced in yard, Reeds Ferry shed & ample off street parking all within walking distance to historic Rocky Neck art galleries and restaurants, Gloucester Stage Company Theater, ocean & beaches.

Last Agent to Sell the Property

Henry Strzemilowski

Coldwell Banker Realty - Manchester Listed on: 06/05/2013

Last Buyer's Agent

The Mitchell Team

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,101

Year Built

1956

Lot Details

0

Listing Details

  • Lot Description: Wooded
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • Electric: 110 Volts
  • Energy: Storm Windows, Storm Doors
  • Flooring: Wood, Tile
  • Insulation: Full
  • Basement: Full, Finished
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: Second Floor
  • Living Room: First Floor
  • Dining Room: First Floor
  • Family Room: Second Floor

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Porch, Storage Shed, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Gas Range

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 30, 2021
Sold by
Giddings Daniel B and Porter Samantha K
Bought by
Johnson Jessica
Seller's Agent
Heather Dagle
RE/MAX Beacon
Buyer's Agent
Dick Tomaiolo
Essex Realty Group
List Price
$519,000
Sold Price
$495,000
Premium/Discount to List
-$24,000
-4.62%
Current Estimated Value
$755,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,167
Avg. Annual Appreciation
13.49%
Original Mortgage
$470,250
Outstanding Balance
$433,450
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$367,307

Purchase Details

Listed on
Jun 5, 2013
Closed on
Aug 28, 2013
Sold by
Adams David B and Adams Elizabeth A
Bought by
Giddings Daniel B and Porter Samanthan K
Seller's Agent
Henry Strzemilowski
Coldwell Banker Realty - Manchester
Buyer's Agent
The Mitchell Team
Keller Williams Realty Evolution
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$315,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1998
Sold by
Patton Joan F
Bought by
Adams David B and Adams Elizabeth A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $495,000 None Available
Not Resolvable $325,000 --
Deed $140,000 --
Source: Public Records

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
Source: Public Records

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
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 $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
Source: Public Records

Agents Affiliated with this Home

  • Heather Dagle

    Seller's Agent in 2021

    Heather Dagle

    RE/MAX

    (508) 982-3124

    3 in this area

    22 Total Sales

    Heather Dagle
    Section Image
  • Dick Tomaiolo

    Buyer's Agent in 2021

    Dick Tomaiolo

    Essex Realty Group

    (978) 857-6421

    2 in this area

    14 Total Sales

    Dick Tomaiolo
    Section Image

  • H

    Seller's Agent in 2013

    Henry Strzemilowski

    Coldwell Banker Realty - Manchester

    Section Image
  • The Mitchell Team

    Buyer's Agent in 2013

    The Mitchell Team

    Keller Williams Realty Evolution

    (978) 314-2955

    77 Total Sales

    The Mitchell Team
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71537145

MLS Property Information Network (MLS PIN)

APN: GLOU-000081-000016

Massachusetts Essex County Gloucester 01930 East Gloucester

5 Cape Terrace, Gloucester, MA

This home is located at 5 Cape Terrace, Gloucester, MA 01930 and is currently priced at $325,000, approximately $169 per square foot. This property was built in 1956. 5 Cape Terrace is a home located in Essex County with nearby schools including East Gloucester Elementary School, Ralph B O'maley Middle School, and Gloucester High School.

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.

MLS Property Information Network (MLS PIN) 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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