NOT LISTED FOR SALE

5 Eastern Point Rd Gloucester, MA 01930

East Gloucester Neighborhood

Estimated Value: $2,548,000 - $4,425,000

5 Beds
5 Baths
5,528 Sq Ft
$602/Sq Ft Est. Value

Sale Details

Date Sold: June 6, 2017

Last sale price $1,500,000 $271 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $20,004 / mo

8 Days on Market

About This Home

As of June 2017

Your year-round vacation starts here. Wonderful beachfront gambrel overlooking Wonson's Cove on Rocky Neck. This home features an open floor plan oriented to the water. The spacious living room has a large fireplace, the kitchen is well-applianced and overlooks the dining room. French doors lead out to the large deck. The family room has a stone fireplace. Excellent second floor layout with four bedrooms and bonus space, for a fifth bedroom or home office. The lower level features a home gym, wine cellar and abundant storage for outdoor furnishings and beach gear. Lush gardens, stone walls, stream stone walls and a private, sandy beach. Far reaching views of Gloucester Harbor and the Boston skyline. A front row seat to spectacular sunsets. Short stroll to Rocky Neck Art Colony, restaurants, marinas and Gloucester Stage.

Last Agent to Sell the Property

Scott Smith

Coldwell Banker Realty - Manchester Listed on: 04/04/2017

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Deborah Vivian

J. Barrett & Company

Home Details

Home Type

Single Family

Year Built

1990

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Lot Description: Paved Drive, Stream, Scenic View(s)
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Gambrel /Dutch
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1990

Interior Features

  • Has Basement: Yes
  • Fireplaces: 4
  • Primary Bathroom: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Marina, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Full
  • Interior Amenities: Cable Available, French Doors
  • Basement: Full, Finished, Interior Access, Bulkhead, Concrete Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bedroom 5: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Fireplace, Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • Family Room: First Floor
  • No Bedrooms: 5
  • Full Bathrooms: 5
  • Oth1 Room Name: Game Room
  • Oth1 Dscrp: Flooring - Wall to Wall Carpet
  • Oth2 Room Name: Bathroom
  • Oth2 Dscrp: Bathroom - Tiled With Shower Stall
  • Oth3 Room Name: Bathroom
  • Oth3 Dscrp: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Oth4 Room Name: Exercise Room
  • Main Lo: K95001
  • Main So: C95243
  • Estimated Sq Ft: 5528.00

Exterior Features

  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Clapboard, Stone
  • Exterior Features: Deck, Patio, Gutters, Professional Landscaping, Screens, Fenced Yard, Garden Area, Stone Wall
  • Foundation: Poured Concrete
  • Waterfront: Harbor, Direct Access
  • Beach Ownership: Private
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Heat Zones: 7
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: R-30
  • Acre: 0.21
  • Lot Size: 9320.00

Multi Family

  • Waterview: Harbor

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
Apr 4, 2017
Closed on
Jun 6, 2017
Sold by
Bought by
Seller's Agent
Scott Smith
Coldwell Banker Realty - Manchester
Buyer's Agent
Deborah Vivian
J. Barrett & Company
List Price
$1,575,000
Sold Price
$1,500,000
Premium/Discount to List
-$75,000
-4.76%
Current Estimated Value
$3,329,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,829,153
Avg. Annual Appreciation
9.22%
Original Mortgage
$750,000
Outstanding Balance
$352,680
Interest Rate
3.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,976,473

Purchase Details

Closed on
Dec 19, 2003
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
$997,500
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Buyer Sale Price Title Company
$1,500,000 --
$1,425,000 --
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 Borrower Loan Amount
Open $750,000
Previous Owner $11,861
Previous Owner $200,000
Previous Owner $997,500
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
06/06/2017 06/06/17 Sold $1,500,000 -4.8% $271 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $1,575,000 -- $285 / 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 $24,698 $2,540,900 $970,300 $1,570,600
2024 $24,443 $2,512,100 $923,900 $1,588,200
2023 $23,035 $2,175,200 $788,300 $1,386,900
2022 $22,288 $1,900,100 $685,700 $1,214,400
2021 $20,908 $1,680,700 $623,200 $1,057,500
2020 $21,109 $1,712,000 $623,200 $1,088,800
2019 $20,065 $1,581,200 $594,200 $987,000
2018 $19,689 $1,522,700 $579,700 $943,000
2017 $19,079 $1,446,500 $552,500 $894,000
2016 $17,811 $1,308,700 $528,000 $780,700
2015 $16,880 $1,236,600 $516,000 $720,600
Source: Public Records

Agents Affiliated with this Home

  • Scott Smith

    Seller's Agent in 2017

    Scott Smith

    Coldwell Banker Realty - Manchester

    (617) 750-2793

    12 in this area

    45 Total Sales

    Scott Smith
    Section Image
  • Deborah Vivian

    Buyer's Agent in 2017

    Deborah Vivian

    J. Barrett & Company

    (978) 836-7451

    18 Total Sales

    Deborah Vivian
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72141494

MLS Property Information Network (MLS PIN)

APN: GLOU-000131-000019

Massachusetts Essex County Gloucester 01930 East Gloucester

5 Eastern Point Rd, Gloucester, MA

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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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