NOT LISTED FOR SALE

5 Pirates Ln Unit 1A Gloucester, MA 01930

East Gloucester Neighborhood

Estimated Value: $389,000 - $568,000

1 Bed
1 Bath
813 Sq Ft
$123/mo HOA Fee

Last Sold June 08, 2012

Last sale price $165,000 $203 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $2,924/month

1 Day on Market

Highlights

  • Waterfront
  • Central Heating
  • Garden Home
  • 1 Fireplace
  • Hot Water Heating System

About This Home

As of June 2012

Great opportunity to enjoy all Gloucester has to offer. This harbor front property features wonderful open concept living. Walk to town, Rocky neck, the beaches, restaurants and more. Move up to this great life style. Short sale requiring third party approval. Professional negotiator, one lien holder.

Last Listed By

Team Harborside

Sagan Harborside Sotheby's International Realty Listed on: 03/19/2012

Sagan Harborside Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,433

Year Built

  • Built in 1983

Lot Details

  • Waterfront

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Garden Home

Interior Spaces

  • 813 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Central Heating
  • Hot Water Heating System

Community Details

  • Association fees include water, sewer, insurance
  • 15 Units
  • Mid-Rise Condominium
  • Pirates Lane Community

Listing and Financial Details

  • Assessor Parcel Number 1897070

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,433

Year Built

Built in 1983

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise
  • Year Built: 1983
  • Buyer Agency: 2.5*
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 1.5*
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: 12
  • Stories: 1

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Living Area: 813
  • Stories Total: 1
  • MAIN LO: AN1195
  • LIST PRICE PER Sq Ft: 215.13
  • PRICE PER Sq Ft: 202.95
  • MAIN SO: AN1195

Exterior Features

  • Waterfront Features: Waterfront, Beach Front, Harbor, Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Central
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 123
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • UNIT BUILDING: 1A
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: 1897070
  • Zoning: MI
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 411

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2433
  • Tax Book Number: 24223

Multi Family

  • Number Of Units Total: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Jun 8, 2012
Sold by
Phillips Brad and Phillips Sarah
Bought by
Melchionda David W
Seller's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Total Days on Market
1
Current Estimated Value
$453,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,202
Avg. Annual Appreciation
8.28%
Original Mortgage
$156,750
Outstanding Balance
$111,650
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$350,539

Purchase Details

Closed on
Apr 28, 2005
Sold by
Luetjen Sarah and Phillips Sarah
Bought by
Phillips Brad

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 Buyer Sale Price Title Company
Melchionda David W $165,000 --
Phillips Brad -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Brad $156,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2012 06/08/12 Sold $165,000 -5.7% $203 / Sq Ft
03/20/2012 03/20/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $174,900 -- $215 / 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 $3,452 $354,800 $0 $354,800
2024 $3,452 $354,800 $0 $354,800
2023 $3,307 $312,300 $0 $312,300
2022 $3,315 $282,600 $0 $282,600
2021 $3,305 $265,700 $0 $265,700
2020 $3,276 $265,700 $0 $265,700
2019 $3,120 $245,900 $0 $245,900
2018 $2,908 $224,900 $0 $224,900
2017 $2,755 $208,900 $0 $208,900
2016 $2,614 $192,100 $0 $192,100
2015 $2,518 $184,500 $0 $184,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Team Harborside

    Sagan Harborside Sotheby's International Realty

    (617) 816-1909

    1 in this area

    144 Total Sales

    Team Harborside
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71353429

MLS Property Information Network (MLS PIN)

APN: GLOU-000063-000044-000001A

Massachusetts Essex County Gloucester 01930 East Gloucester

5 Pirates Ln Unit 1A, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 5 Pirates Ln Unit 1A, Gloucester, MA 01930 since 19 March 2012 and is currently estimated at $453,202, approximately $557 per square foot. This property was built in 1983. 5 Pirates Ln Unit 1A 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.

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