Estimated Value: $2,526,000 - $3,280,000
5
Beds
5
Baths
4,182
Sq Ft
$675/Sq Ft
Est. Value
Highlights
- Ocean View
- Porch
- Security Service
- Wood Flooring
- Patio
- Garden
About This Home
As of September 2020Commanding a coveted location high above the Back Shore, invitingly close to both Bass Rocks Golf Club and Rocky Neck, this classic shingle-style home offers a luxurious and private retreat in a small and exclusive community of East Gloucester. The home’s flowing, open concept design accentuates its generously-proportioned rooms, while the rambling grounds beckon you outside to revel in the magnificent natural surroundings, w/ stone walls, patios and mature landscaped gardens offering numerous spots for enjoying the stunning sea views and blissfully serene setting. Thoughtfully appointed and accented by high ceilings, tall windows, beautifully-crafted woodwork and cabinets, the home offers 2 levels of living at the highest level of quality. The 1st floor features a bright gourmet kitchen, family room, living room with exposed beams and massive fireplace, and elegant dining room with fully equipped butler’s pantry offering ample storage. A two car detached garage completes the offering.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,200
Year Built
- Built in 1900
Lot Details
- Year Round Access
- Stone Wall
- Garden
- Property is zoned R2
Parking
- 2 Car Garage
Interior Spaces
- Window Screens
- Ocean Views
- Basement
Kitchen
- Range
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Stone
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
- Rain Gutters
- Porch
Utilities
- Radiator
- Hot Water Baseboard Heater
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Community Details
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2020
Closed on
Sep 2, 2020
Sold by
Ginsburg Marc A and Ursul Christina E
Bought by
Foley Eliza M and Foley Nicholas
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Amanda Armstrong
Compass
List Price
$1,850,000
Sold Price
$1,700,000
Premium/Discount to List
-$150,000
-8.11%
Total Days on Market
75
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
$1,121,677
Avg. Annual Appreciation
9.90%
Original Mortgage
$1,275,000
Outstanding Balance
$1,149,313
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,487,217
Purchase Details
Listed on
Sep 18, 2012
Closed on
Apr 4, 2013
Sold by
Mccormick John M and Mccormick Mary A
Bought by
Ginsburg Marc A and Ursul Christina E
Seller's Agent
Scott Smith
Coldwell Banker Realty - Manchester
Buyer's Agent
Amanda Armstrong
Compass
List Price
$2,475,000
Sold Price
$2,097,800
Premium/Discount to List
-$377,200
-15.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.77%
Original Mortgage
$1,300,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 22, 1993
Sold by
Mahoney Charles
Bought by
Mccormick Johnm and Mccormick Mary Ann
Create a Home Valuation Report for This Property
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Similar Homes in Gloucester, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Foley Eliza M | $1,700,000 | None Available | |
| Ginsburg Marc A | $1,800,000 | -- | |
| Mccormick Johnm | $555,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Foley Eliza M | $1,275,000 | |
| Previous Owner | Mccormick Johnm | $1,300,000 | |
| Previous Owner | Mccormick Johnm | $1,300,000 | |
| Previous Owner | Mccormick Johnm | $371,500 | |
| Previous Owner | Mccormick Johnm | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2020 09/25/20 | Sold | $1,700,000 | -8.1% | $407 / Sq Ft |
| 08/03/2020 08/03/20 | Pending | -- | -- | -- |
| 05/20/2020 05/20/20 | For Sale | $1,850,000 | -11.8% | $442 / Sq Ft |
| 04/04/2013 04/04/13 | Sold | $2,097,800 | -15.2% | $482 / Sq Ft |
| 03/28/2013 03/28/13 | Pending | -- | -- | -- |
| 09/18/2012 09/18/12 | For Sale | $2,475,000 | -- | $569 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $22,200 | $2,281,600 | $1,021,700 | $1,259,900 |
| 2024 | $22,200 | $2,281,600 | $1,021,700 | $1,259,900 |
| 2023 | $20,928 | $1,976,200 | $870,800 | $1,105,400 |
| 2022 | $20,300 | $1,730,600 | $757,600 | $973,000 |
| 2021 | $21,423 | $1,722,100 | $808,000 | $914,100 |
| 2020 | $21,544 | $1,747,300 | $808,000 | $939,300 |
| 2019 | $20,831 | $1,641,500 | $770,400 | $871,100 |
| 2018 | $20,385 | $1,576,600 | $751,600 | $825,000 |
| 2017 | $19,778 | $1,499,500 | $715,400 | $784,100 |
| 2016 | $19,182 | $1,409,400 | $683,800 | $725,600 |
| 2015 | $18,305 | $1,341,000 | $668,300 | $672,700 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Armstrong
Seller's Agent in 2020
Amanda Armstrong
Compass
(978) 879-6322
22 in this area
217 Total Sales
-
Annie McClelland
A
Seller Co-Listing Agent in 2020
Annie McClelland
Gibson Sotheby's International Realty
2 in this area
3 Total Sales
-
Scott Smith
Seller's Agent in 2013
Scott Smith
Coldwell Banker Realty - Manchester
(617) 750-2793
11 in this area
42 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72659312
APN: GLOU-000074-000030
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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