NOT LISTED FOR SALE

5 Pirates Ln Unit 8 Gloucester, MA 01930

East Gloucester Neighborhood

Estimated Value: $421,000 - $577,000

1 Bed
1 Bath
558 Sq Ft
1890 Built

Last Sold August 22, 2016

Last sale price $293,500 $526 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,027/month

92 Days on Market

About This Home

As of August 2016

One-bedroom Harbor-side condominium with stunning panoramic views of Gloucester, Smith Cove and the ocean beyond! Boat Slips at the Harbor! Enjoy a waterfront lifestyle with the blend of ever changing seasonal colors of ocean and sky and the activity of the Gloucester's working harbor. Centered in desirable East Gloucester, this unit has been completely renovated with the utmost attention in flavor and detail and has wonderful ambiance with gleaming oak floors, high ceilings and open-concept living to kitchen and living room. Enter through eight-foot high French doors to a spacious bedroom. This unit offers granite countertops, cherry cabinets, stainless-steel appliances, wine cooler, a tastefully redesigned tile bath and access to the central attraction, a private deck with sensational vistas. Other amenities included ample parking, storage and laundry. Easy access to shops, restaurants, beaches, Rocky Neck and highway. Relax overlooking Gloucester's beautiful harbor.

Last Listed By

Ana & Rick Team

J. Barrett & Company Listed on: 05/01/2016

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,866

Year Built

1890

Lot Details

0

Listing Details

  • Unit Level: 2
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1890

Interior Features

  • Appliances: Disposal, Microwave, Refrigerator - ENERGY STAR, Refrigerator - Wine Storage, Vent Hood, Range - ENERGY STAR
  • Has Basement: Yes
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available, French Doors
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor, 11X7
  • Laundry Room: First Floor
  • Living Room: Second Floor, 19X13
  • Master Bedroom: Second Floor, 19X10
  • Master Bedroom Description: Closet, Flooring - Hardwood, French Doors, High Speed Internet Hookup, Recessed Lighting
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Clapboard, Shingles, Wood
  • Exterior Unit Features: Deck - Wood
  • Waterfront: Harbor, Frontage, Marina
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Guest
  • Parking Spaces: 2

Utilities

  • Heating: Electric Baseboard
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Pirates Lane Condominium Association
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Garden Area
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 15
  • Optional Fee Includes: Dock/Mooring
  • Unit Building: 8

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: East Gloucester
  • Middle School: Omaley
  • High School: Gloucester

Lot Info

  • Zoning: MI
  • Lot: 44

Multi Family

  • Waterview: Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2016
Closed on
Aug 22, 2016
Sold by
Mccready William B and Mccready Debra-Jo
Bought by
Berking Sheryl A
Seller's Agent
Ana & Rick Team
J. Barrett & Company
Buyer's Agent
Ana & Rick Team
J. Barrett & Company
List Price
$339,000
Sold Price
$293,500
Premium/Discount to List
-$45,500
-13.42%
Total Days on Market
92
Current Estimated Value
$487,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,356
Avg. Annual Appreciation
6.17%

Purchase Details

Closed on
Apr 16, 2014
Sold by
Helen Burke Lynch Ret
Bought by
Mccready William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2001
Sold by
Donovan Leonard Lee and Donovan Bonnie Dane
Bought by
Lynch H Burke

Purchase Details

Closed on
Aug 31, 1999
Sold by
Rocky Neck Rt and Murkland Dorothy W
Bought by
Donovan Leonard Lee and Donovan Bonnie Dane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
7.53%
Mortgage Type
Purchase Money Mortgage

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
Berking Sheryl A $293,500 --
Mccready William B $230,000 --
Lynch H Burke $182,000 --
Donovan Leonard Lee $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccready William B $130,000
Previous Owner Donovan Leonard Lee $0
Previous Owner Donovan Leonard Lee $92,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $293,500 0.0% $526 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/31/2016 07/31/16 Off Market $293,500 -- --
07/16/2016 07/16/16 Price Changed $297,000 -5.7% $532 / Sq Ft
06/07/2016 06/07/16 Price Changed $315,000 -3.1% $565 / Sq Ft
06/02/2016 06/02/16 Price Changed $325,000 -4.1% $582 / Sq Ft
05/01/2016 05/01/16 For Sale $339,000 -- $608 / 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 $3,866 $397,300 $0 $397,300
2024 $3,866 $397,300 $0 $397,300
2023 $3,704 $349,800 $0 $349,800
2022 $3,713 $316,500 $0 $316,500
2021 $3,701 $297,500 $0 $297,500
2020 $3,668 $297,500 $0 $297,500
2019 $3,827 $301,600 $0 $301,600
2018 $3,607 $279,000 $0 $279,000
2017 $3,406 $258,200 $0 $258,200
2016 $3,230 $237,300 $0 $237,300
2015 $3,006 $220,200 $0 $220,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Ana & Rick Team

    J. Barrett & Company

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71997556

MLS Property Information Network (MLS PIN)

APN: GLOU-000063-000044-000008

Massachusetts Essex County Gloucester 01930 East Gloucester

5 Pirates Ln Unit 8, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 5 Pirates Ln Unit 8, Gloucester, MA 01930 since 01 May 2016 and is currently estimated at $487,856, approximately $874 per square foot. This property was built in 1890. 5 Pirates Ln Unit 8 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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MLS Property Information Network (MLS PIN) 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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