NOT LISTED FOR SALE

5 Pirates Ln Unit 4 Gloucester, MA 01930

East Gloucester Neighborhood

Estimated Value: $508,000 - $571,000

2 Beds
1 Bath
1,012 Sq Ft
1890 Built

Last Sold November 12, 2020

Last sale price $377,000 $373 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,360/month

84 Days on Market

About This Home

As of November 2020

Absolutely gorgeous 2 bedroom, 1 bath condo with views of Gloucester Harbor and Smith's Cove! Renovated only a few years ago this open concept condo offers a modern galley kitchen with stainless steel appliances and granite counters including a breakfast bar area! The spacious living room offers a dining area and a slider to your own private deck! Just imagine enjoying your morning coffee while watching the boats go by in the harbor! Located perfectly near Niles beach, Good Harbor beach, fantastic restaurants, Historic Rocky Neck, and Bass Rocks Golf Club. Other great features include parking for 2 cars, a common fenced in back yard area, in-building laundry, and a storage unit in the basement.

Last Agent to Sell the Property

Jonathan Mathews

Legacy Realty Advisors LLC Listed on: 07/23/2020

Last Buyer's Agent

Debra Lovelace

Churchill Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,753

Year Built

  • Built in 1890

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0063 B:0044 L:0004

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,753

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Detached
  • Year Built Description: Actual
  • List Price Per Sq Ft: 390.32
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Unit Building: 4
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1890

Interior Features

  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 9'9X16'4
  • Bedroom 2: On Level: First Floor, Dimension: 10'2X12'5
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Dimension: 5X9'3
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Dimension: 8'5X8'10
  • Living Room: On Level: First Floor, Dimension: 20X18'3
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: BB5522
  • Main So: AN4851
  • Estimated Sq Ft: 1012.00

Exterior Features

  • Waterfront: Ocean, Harbor
  • Beachfront Flag: Yes
  • Waterfront Flag: Yes
  • Exterior: Wood

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heating: Electric

Condo/Co-op/Association

  • HOA Fees: 593.00
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Garden Area, Reserve Funds
  • Condo Association: Yes

Lot Info

  • Assessments: 365300.00
  • Page: 254
  • Parcel Number: M:0063 B:0044 L:0004
  • Zoning: MI

Tax Info

  • Taxes: 4504.00
  • Assessor Parcel Number: 1897073
  • Tax Year: 2020

Multi Family

  • No Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Umanita Carmelina
Bought by
Millies Prayer Rt
Current Estimated Value
$535,218

Purchase Details

Listed on
Jul 23, 2020
Closed on
Nov 2, 2020
Sold by
Hotaling Elise and Hotaling Todd
Bought by
Umanita Carmelina
Seller's Agent
Jonathan Mathews
Legacy Realty Advisors LLC
Buyer's Agent
Debra Lovelace
Churchill Properties
List Price
$394,999
Sold Price
$377,000
Premium/Discount to List
-$17,999
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$113,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jun 1, 2018
Sold by
Rfr Development Inc
Bought by
Hotaling Elise and Hotaling Todd
Seller's Agent
Mark Pitzi
Coldwell Banker Realty - Beverly
Buyer's Agent
Mark Pitzi
Coldwell Banker Realty - Beverly
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.22%

Purchase Details

Closed on
Jan 5, 2018
Sold by
Schwarz Mary J
Bought by
Rfr Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1984
Bought by
Schwarz Mary Jane
Source: Public Records

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
Millies Prayer Rt -- None Available
Umanita Carmelina $377,000 None Available
Hotaling Elise $375,000 --
Rfr Development Inc $180,000 --
Schwarz Mary Jane $45,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Umanita Carmelina $113,000
Previous Owner Rfr Development Inc $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $377,000 -4.6% $373 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $394,999 +5.3% $390 / Sq Ft
06/01/2018 06/01/18 Sold $375,000 -3.8% $371 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
04/25/2018 04/25/18 Price Changed $389,900 -2.5% $385 / Sq Ft
04/05/2018 04/05/18 For Sale $399,900 -- $395 / 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 $4,753 $488,500 $0 $488,500
2024 $4,753 $488,500 $0 $488,500
2023 $4,552 $429,800 $0 $429,800
2022 $4,561 $388,800 $0 $388,800
2021 $4,544 $365,300 $0 $365,300
2020 $4,504 $365,300 $0 $365,300
2019 $4,711 $371,200 $0 $371,200
2018 $4,439 $343,300 $0 $343,300
2017 $4,197 $318,200 $0 $318,200
2016 $3,980 $292,400 $0 $292,400
2015 $3,833 $280,800 $0 $280,800
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Mathews

    Seller's Agent in 2020

    Jonathan Mathews

    Legacy Realty Advisors LLC

    (781) 853-1765

    1 in this area

    87 Total Sales

    Jonathan Mathews
    Section Image
  • Debra Lovelace

    Buyer's Agent in 2020

    Debra Lovelace

    Churchill Properties

    (978) 879-7356

    10 in this area

    50 Total Sales

    Debra Lovelace
    Section Image
  • Mark Pitzi

    Seller's Agent in 2018

    Mark Pitzi

    Coldwell Banker Realty - Beverly

    (978) 816-6552

    96 Total Sales

    Mark Pitzi
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72696497

MLS Property Information Network (MLS PIN)

APN: GLOU-000063-000044-000004

Massachusetts Essex County Gloucester 01930 East Gloucester

5 Pirates Ln Unit 4, Gloucester, MA

This home is located at 5 Pirates Ln Unit 4, Gloucester, MA 01930 since 23 July 2020 and is currently estimated at $535,218, approximately $528 per square foot. This property was built in 1890. 5 Pirates Ln Unit 4 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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