5 Pirates Ln Unit 3 Gloucester, MA 01930
East Gloucester Neighborhood
2
Beds
1
Bath
1,114
Sq Ft
1890
Built
Highlights
- Harbor Views
- Water Treatment System
- Electric Baseboard Heater
- Wood Flooring
About This Home
As of October 2020Enjoy sunset views over Smith Cove and Gloucester’s Inner Harbor from your private deck at this meticulously renovated unit in the desirable Pirates Lane Condominium complex. Built in 1890, the building is steeped in charm and has been safe haven to boaters, artists, weekenders and full-time residents alike. Situated between the North Shore Art Association and Duckworth’s restaurant and adjacent to several local marinas, this location is prime and has plenty to offer. Good Harbor Beach is just over one mile away and Niles Beach is even closer, while the Gloucester Stage Company and Rocky Neck are a half mile down the road. This first floor, one level condo is one of the larger sized units in the building and was renovated down to the studs in 2018. Boasting Hickory floors, built-ins, gas fireplace, quartz countertops/backsplash, double vanity, in-unit laundry, walk-in closets, storage unit, mini split in the master bedroom and parking for two cars, this unit is a showstopper.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,894
Year Built
- Built in 1890
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Ductless Heating Or Cooling System
- Electric Baseboard Heater
- Water Treatment System
- Cable TV Available
Additional Features
- Harbor Views
- Year Round Access
- Basement
Community Details
Amenities
- Laundry Facilities
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2020
Closed on
Oct 21, 2020
Sold by
Gallo Gloucester Rt
Bought by
Parker Stacey
Seller's Agent
Martha Anger
Compass
Buyer's Agent
Marjorie Youngren
Keller Williams Realty Evolution
List Price
$575,000
Sold Price
$505,000
Premium/Discount to List
-$70,000
-12.17%
Total Days on Market
174
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
$162,504
Avg. Annual Appreciation
6.24%
Purchase Details
Listed on
Jul 5, 2018
Closed on
Sep 14, 2018
Sold by
Abbot Cathy A and Abbot Philip A
Bought by
Gallo Gloucester Rt
Seller's Agent
rosemary Quarato
RE/MAX 360
Buyer's Agent
Michelle Mineo
Coldwell Banker Realty - Beverly
List Price
$399,500
Sold Price
$375,000
Premium/Discount to List
-$24,500
-6.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%
Purchase Details
Closed on
Jun 5, 2009
Sold by
Kennedy Diane W and Mckinley James A
Bought by
Abbot Philip A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 6, 2007
Sold by
Kennedy Diane W
Bought by
Mckinley James A
Purchase Details
Closed on
Apr 30, 1990
Sold by
Marshall Weymouth E
Bought by
Mckinley James A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
10.26%
Mortgage Type
Purchase Money Mortgage
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $505,000 | None Available | |
| Deed | $375,000 | -- | |
| Deed | $315,000 | -- | |
| Deed | -- | -- | |
| Deed | $122,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $226,000 | No Value Available | |
| Previous Owner | $252,000 | Purchase Money Mortgage | |
| Previous Owner | $91,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2020 10/22/20 | Sold | $505,000 | -4.5% | $453 / Sq Ft |
| 09/21/2020 09/21/20 | Pending | -- | -- | -- |
| 08/07/2020 08/07/20 | Price Changed | $529,000 | -3.6% | $475 / Sq Ft |
| 06/26/2020 06/26/20 | Price Changed | $549,000 | -4.5% | $493 / Sq Ft |
| 03/31/2020 03/31/20 | For Sale | $575,000 | +53.3% | $516 / Sq Ft |
| 09/14/2018 09/14/18 | Sold | $375,000 | -6.1% | $337 / Sq Ft |
| 08/05/2018 08/05/18 | Pending | -- | -- | -- |
| 07/05/2018 07/05/18 | For Sale | $399,500 | -- | $359 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $5,894 | $605,800 | $0 | $605,800 |
| 2024 | $5,894 | $605,800 | $0 | $605,800 |
| 2023 | $5,654 | $533,900 | $0 | $533,900 |
| 2022 | $5,671 | $483,500 | $0 | $483,500 |
| 2021 | $4,978 | $400,200 | $0 | $400,200 |
| 2020 | $4,934 | $400,200 | $0 | $400,200 |
| 2019 | $5,141 | $405,100 | $0 | $405,100 |
| 2018 | $4,849 | $375,000 | $0 | $375,000 |
| 2017 | $4,590 | $348,000 | $0 | $348,000 |
| 2016 | $4,358 | $320,200 | $0 | $320,200 |
| 2015 | $4,200 | $307,700 | $0 | $307,700 |
Source: Public Records
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72639336
APN: GLOU-000063-000044-000003
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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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