5 Pirates Ln Unit 12 Gloucester, MA 01930
East Gloucester Neighborhood
1
Bed
1
Bath
590
Sq Ft
1890
Built
About This Home
As of October 2018Open House #1 Sunday, 3/6 from 2:00 - 4:00 PM. This two level, 3rd floor condo on historic Reeds Wharf boasts a desirable address with spectacular views of the harbor and Smith Cove. Private deck offers breathtaking sunset experiences. Loft area bedroom with window seat & adjacent office area including 3 closets and built-in desk. Spiral staircase and abundant storage inside the unit and across the common hallway. Bathroom with claw foot tub. Laundry facilities in the building. Located near Niles & Good Harbor beaches, Rocky Neck Artist Colony, The Gloucester Stage Company & many excellent area restaurants.
Last Agent to Sell the Property
Keller Williams Realty Evolution Listed on: 03/01/2016
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Home Type
Condominium
Est. Annual Taxes
$3,966
Year Built
1890
Lot Details
0
Listing Details
- Unit Level: 3
- Unit Placement: Top/Penthouse
- Property Type: Condominium/Co-Op
- Other Agent: 2.00
- Lead Paint: Unknown
- Year Round: Yes
- Restrictions: Rentals
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1890
Interior Features
- Appliances: Range, Dishwasher, Disposal, Refrigerator
- Has Basement: No
- Number of Rooms: 3
- Amenities: Public Transportation, Shopping, Park, Highway Access, Marina
- Electric: Circuit Breakers
- Energy: Insulated Windows
- Flooring: Wall to Wall Carpet, Hardwood
- Insulation: Fiberglass
- Interior Amenities: Cable Available, Intercom
- Bathroom #1: First Floor, 7X5
- Kitchen: First Floor, 13X11
- Living Room: First Floor, 13X12
- Master Bedroom: Second Floor, 13X11
- Master Bedroom Description: Closet, Flooring - Wall to Wall Carpet
- Oth1 Room Name: Sitting Room
- Oth1 Dimen: 10X6
- Oth1 Dscrp: Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
- Oth1 Level: Second Floor
- No Living Levels: 2
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Waterfront Property: Yes
- Construction: Frame
- Exterior: Wood
- Exterior Unit Features: Deck, Gutters
- Waterfront: Ocean, Harbor, Walk to, Marina
- Beach Ownership: Public
- Waterview Flag: Yes
Garage/Parking
- Parking: Off-Street, Common, Guest, Stone/Gravel
- Parking Spaces: 2
Utilities
- Cooling: Central Air
- Heating: Electric Baseboard, Electric
- Cooling Zones: 1
- Heat Zones: 1
- Hot Water: Electric, Tank
- Utility Connections: for Electric Range, for Electric Oven
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Condominium Name: Pirates Lane Condominium Association
- Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal
- Association Security: Intercom
- Management: Professional - Off Site
- Pets Allowed: Yes w/ Restrictions
- No Units: 16
- Unit Building: 12
Fee Information
- Fee Interval: Monthly
Schools
- Middle School: Ralph B O'maley
- High School: Gloucester Hs
Lot Info
- Assessor Parcel Number: 3909
- Zoning: R3
- Lot: 0012
Multi Family
- Waterview: Harbor, Marina, Ocean, Walk to
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2018
Closed on
Oct 30, 2018
Sold by
Abel Harvey J and Abel Robin C
Bought by
Alvarado Fayemarie
Seller's Agent
Richard Petralia
Churchill Properties
Buyer's Agent
Kelli Gilbride
List Price
$318,000
Sold Price
$303,000
Premium/Discount to List
-$15,000
-4.72%
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
$175,054
Avg. Annual Appreciation
6.80%
Original Mortgage
$103,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 1, 2016
Closed on
Mar 24, 2016
Sold by
Harding Elisabeth
Bought by
Abel Robin C
Seller's Agent
The Mitchell Team
Keller Williams Realty Evolution
Buyer's Agent
Non Member
Non Member Office
List Price
$295,000
Sold Price
$283,000
Premium/Discount to List
-$12,000
-4.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Purchase Details
Listed on
May 4, 2014
Closed on
Jul 29, 2014
Sold by
Helen Burke Lynch Ret
Bought by
Harding Elisabeth
Seller's Agent
Jan Pellegrini
Keller Williams Realty Evolution
Buyer's Agent
Christine Grammas
J. Barrett & Company
List Price
$289,000
Sold Price
$265,000
Premium/Discount to List
-$24,000
-8.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$212,000
Interest Rate
4.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2000
Sold by
Coffee Elaine G
Bought by
Lynch Leo A and Burke-Lynch Helen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
8.59%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Gloucester, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $303,000 | -- | |
| Not Resolvable | $283,000 | -- | |
| Not Resolvable | $265,000 | -- | |
| Deed | $178,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $105,500 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $103,000 | New Conventional | |
| Previous Owner | $212,000 | New Conventional | |
| Previous Owner | $142,400 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2018 10/30/18 | Sold | $303,000 | -1.6% | $514 / Sq Ft |
| 09/19/2018 09/19/18 | Pending | -- | -- | -- |
| 08/08/2018 08/08/18 | Price Changed | $308,000 | -3.1% | $522 / Sq Ft |
| 07/03/2018 07/03/18 | For Sale | $318,000 | +12.4% | $539 / Sq Ft |
| 03/24/2016 03/24/16 | Sold | $283,000 | -4.1% | $480 / Sq Ft |
| 03/07/2016 03/07/16 | Pending | -- | -- | -- |
| 03/01/2016 03/01/16 | For Sale | $295,000 | +11.3% | $500 / Sq Ft |
| 07/29/2014 07/29/14 | Sold | $265,000 | 0.0% | $449 / Sq Ft |
| 07/08/2014 07/08/14 | Pending | -- | -- | -- |
| 06/19/2014 06/19/14 | Off Market | $265,000 | -- | -- |
| 05/04/2014 05/04/14 | For Sale | $289,000 | -- | $490 / 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 | $3,966 | $407,600 | $0 | $407,600 |
| 2024 | $3,966 | $407,600 | $0 | $407,600 |
| 2023 | $3,800 | $358,800 | $0 | $358,800 |
| 2022 | $3,808 | $324,600 | $0 | $324,600 |
| 2021 | $3,794 | $305,000 | $0 | $305,000 |
| 2020 | $3,761 | $305,000 | $0 | $305,000 |
| 2019 | $3,924 | $309,200 | $0 | $309,200 |
| 2018 | $3,698 | $286,000 | $0 | $286,000 |
| 2017 | $3,458 | $262,200 | $0 | $262,200 |
| 2016 | $3,241 | $238,100 | $0 | $238,100 |
| 2015 | $3,122 | $228,700 | $0 | $228,700 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2018
Richard Petralia
Churchill Properties
(978) 239-6207
12 Total Sales
-
Buyer's Agent in 2018
Kelli Gilbride
(978) 866-2174
154 Total Sales
-
Seller's Agent in 2016
The Mitchell Team
Keller Williams Realty Evolution
(978) 314-2955
76 Total Sales
-
N
Buyer's Agent in 2016
Non Member
Non Member Office
-
Seller's Agent in 2014
Jan Pellegrini
Keller Williams Realty Evolution
(978) 810-0916
4 in this area
70 Total Sales
-
Buyer's Agent in 2014
Christine Grammas
J. Barrett & Company
(978) 375-9934
32 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71965355
APN: GLOU-000063-000044-000012
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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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