$375,000
SOLD SEP 14, 2018
2 Beds
1 Bath
1,114 Sq Ft
$520/mo HOA Fee

Recently Sold

$337 Per Sq Ft

6% Below List Price

31 Days on Market

Highlights

  • Harbor Views
  • Electric Baseboard Heater
  • Washer and Dryer
  • Wood Flooring

About This Home

As of October 2020

On the Harbor and Smith Cove in East Gloucester. Spacious one-level living Condo with 2 bedrooms,1 bath in a historic building near marinas, galleries, and restaurants. High ceilings and custom built-ins surround the gas fireplace. All appliances are included with the condo. New windows, beautiful hickory floors, great storage, new building roof, pet friendly with fenced backyard, and professional management company. Condo fee includes hot water. You are minutes away from Gloucester Stage, Good Harbor Beach, Niles Beach and Rocky Neck Art Colony. The North Shore Art Association is right next-door. Sit on the deck and enjoy the comings and goings of the harbor and the wonderful sun sets. People come from all over the world to spend time in Gloucester. Now you can live here!

Last Agent to Sell the Property

rosemary Quarato

RE/MAX 360 License #454001089 Listed on: 07/05/2018

RE/MAX 360

Last Buyer's Agent

Michelle Mineo

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,894

Year Built

  • Built in 1890

HOA Fees

  • $520 per month

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Electric Baseboard Heater
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Harbor Views
  • Washer and Dryer
  • Year Round Access
  • Basement

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,894

Year Built

Built in 1890

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 358.62
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 3
  • Unit Level: 1
  • Unit Placement: Street, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1890

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Washer / Dryer Combo
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Ceiling Fan(s), Closet - Walk-in, Flooring - Wood
  • Bedroom 2: On Level: First Floor, Ceiling Fan(s), Closet - Walk-in, Flooring - Stone/Ceramic Tile
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Flooring - Stone/Ceramic Tile, Pantry
  • Living Room: On Level: First Floor, Fireplace, Ceiling Fan(s), Ceiling - Beamed, Ceiling - Coffered, Flooring - Wood
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C58300
  • Main So: BB5769
  • Estimated Sq Ft: 1114.00

Exterior Features

  • Beach Ownership: Public
  • Waterfront: Harbor, Walk to
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Waterfront Flag: Yes
  • Waterview Features: Harbor, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Unit Features: Deck, Fenced Yard

Garage/Parking

  • Parking Feature: Off-Street, Common
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heating: Electric Baseboard, Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Golf Course, Medical Facility, Laundromat, House of Worship, Public School
  • HOA Fees: 520.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Pirates Lane Condominium

Lot Info

  • Assessments: 375000.00
  • Page: 244
  • Zoning: R-3

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 4848.75
  • Assessor Parcel Number: 1897073

Multi Family

  • No Units: 15

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
Coldwell Banker Realty - Lynnfield
List Price
$575,000
Sold Price
$505,000
Premium/Discount to List
-$70,000
-12.17%
Current Estimated Value
$673,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,217
Avg. Annual Appreciation
6.25%

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
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 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 $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

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72356690

MLS Property Information Network (MLS PIN)

APN: GLOU-000063-000044-000003