5 Cleveland Place Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $422,000 - $481,293
3
Beds
2
Baths
1,081
Sq Ft
$429/Sq Ft
Est. Value
Highlights
- Marina
- Medical Services
- Cape Cod Architecture
- Golf Course Community
- Waterfront
- Property is near public transit
About This Home
As of March 2022Home at Last! Warm, inviting three-bedroom, two-bath cape home strategically situated within Gloucester’s city proper with easy access to downtown shopping, Gloucester’s finest beaches, Route 128 and railway to Boston. A 60-year coveted treasure for this current owner, this bright and cheerful home is ready for its new owner showcasing a splendid accommodating floor plan w/first-floor single-level living option. On front entry with southwest exposure note a sundrenched living area with a spacious living room that branches to a sizeable bedroom, office, full bath to the left and kitchen and dining room with a full complement of windows to its rear for added sunlight. The second floor features two bedrooms and another full bath. Other desirable amenities include first-floor washer-dryer hookups, interior/exterior accessible concrete-floored full basement, two-car parking and backyard leading to a spacious 18’ x 17’ storage shed. Ready for a new owner to apply their creative touches.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,695
Year Built
- Built in 1900
Lot Details
- 3,485 Sq Ft Lot
- Waterfront
- Property fronts an easement
- Near Conservation Area
- Level Lot
- Cleared Lot
- Zero Lot Line
- Property is zoned R5
Home Design
- Cape Cod Architecture
- Stone Foundation
- Frame Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 1,081 Sq Ft Home
- Ceiling Fan
- Light Fixtures
- Insulated Windows
- Picture Window
- Window Screens
- Insulated Doors
- Home Office
- Storm Doors
Kitchen
- Range
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Bathtub with Shower
- Separate Shower
- Linen Closet In Bathroom
Laundry
- Laundry on main level
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Block Basement Construction
Parking
- 2 Car Parking Spaces
- Shared Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Walking Distance to Water
- Bulkhead
- Outdoor Storage
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Veterans Elementary School
- O'maley Middle School
- Gloucester High School
Utilities
- No Cooling
- 1 Heating Zone
- Heating System Uses Oil
- Radiant Heating System
- Hot Water Heating System
- 220 Volts
- 110 Volts
- 100 Amp Service
- Oil Water Heater
Listing and Financial Details
- Tax Lot 26
- Assessor Parcel Number 1895454
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2022
Closed on
Mar 25, 2022
Sold by
Burgess Helen J Est
Bought by
Fortado Robin
Seller's Agent
Richard Petralia
Churchill Properties
Buyer's Agent
Heather Dagle
RE/MAX Beacon
List Price
$325,000
Sold Price
$375,000
Premium/Discount to List
$50,000
15.38%
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
$88,823
Avg. Annual Appreciation
8.65%
Original Mortgage
$337,500
Outstanding Balance
$322,215
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,427
Purchase Details
Closed on
Jul 6, 1962
Bought by
Burgess Valdor L and Burgess Helen
Similar Homes in Gloucester, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fortado Robin | $375,000 | None Available | |
| Burgess Valdor L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fortado Robin | $337,500 | |
| Previous Owner | Burgess Helen | $517,500 | |
| Previous Owner | Burgess Valdor L | $300,000 | |
| Previous Owner | Burgess Valdor L | $25,000 | |
| Previous Owner | Burgess Valdor L | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2022 03/25/22 | Sold | $375,000 | +15.4% | $347 / Sq Ft |
| 02/17/2022 02/17/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $325,000 | -- | $301 / 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 | $3,785 | $389,000 | $120,900 | $268,100 |
| 2024 | $3,785 | $389,000 | $120,900 | $268,100 |
| 2023 | $3,755 | $354,600 | $108,000 | $246,600 |
| 2022 | $3,695 | $315,000 | $93,900 | $221,100 |
| 2021 | $3,341 | $268,600 | $60,300 | $208,300 |
| 2020 | $3,238 | $262,600 | $60,300 | $202,300 |
| 2019 | $3,156 | $248,700 | $60,300 | $188,400 |
| 2018 | $2,974 | $230,000 | $60,300 | $169,700 |
| 2017 | $2,893 | $219,300 | $57,500 | $161,800 |
| 2016 | $2,692 | $197,800 | $57,600 | $140,200 |
| 2015 | $2,547 | $186,600 | $57,600 | $129,000 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Petralia
Seller's Agent in 2022
Richard Petralia
Churchill Properties
(978) 239-6207
4 in this area
13 Total Sales
-
Heather Dagle
Buyer's Agent in 2022
Heather Dagle
RE/MAX
(508) 982-3124
7 in this area
22 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72940670
APN: GLOU-000034-000026
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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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