$2,097,800
SOLD APR 4, 2013

5 Way Rd Gloucester, MA 01930

East Gloucester Neighborhood
5 Beds
5 Baths
4,348 Sq Ft
1.62 Acres

Recently Sold

$482 Per Sq Ft

15% Below List Price

191 Days on Market

About This Home

As of September 2020

Impressive English Country Estate in prestigious East Gloucester setting. "Onaledge" takes advantage of the landscape, sited high on a rocky bluff, affording generous Atlantic Ocean views. Living Room and Dining Room feature beamed high ceilings and are anchored by large fireplaces. Two Master Suites w/balconies. Gourmet Kitchen is outfitted w/requisite high-end appliances. Family Room opens out to the magnifigent gardens w/stone walls. 3 BD guest cottage (13 Way Road). Garage & storage sheds.

Last Agent to Sell the Property

Scott Smith

Coldwell Banker Realty - Manchester Listed on: 09/18/2012

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Amanda Armstrong

Compass

Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,200

Year Built

1916

Lot Details

0

Listing Details

  • Lot Description: Wooded, Scenic View(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1916

Interior Features

  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Marina, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Storm Windows
  • Flooring: Wood, Tile, Stone / Slate
  • Insulation: Full
  • Interior Amenities: Cable Available, French Doors
  • Basement: Partial
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bedroom 5: Second Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: Second Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Flooring - Hardwood, Fireplace, Balcony - Exterior
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Covered Patio/Deck, Balcony, Gutters, Storage Shed, Screens, Guest House, Stone Wall, Professional Landscaping
  • Foundation: Granite

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 2
  • Parking Spaces: 10

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

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%
Current Estimated Value
$2,729,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,029,504
Avg. Annual Appreciation
10.75%
Original Mortgage
$1,275,000
Outstanding Balance
$1,144,248
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,685,506

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
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 Type Sale Price Title Company
Not Resolvable $1,700,000 None Available
Not Resolvable $1,800,000 --
Deed $555,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,275,000 Purchase Money Mortgage
Previous Owner $1,300,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,300,000 Purchase Money Mortgage
Previous Owner $371,500 No Value Available
Previous Owner $125,000 No Value Available
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

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 $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

    21 in this area

    227 Total Sales

    Amanda Armstrong
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Annie McClelland

    Gibson Sotheby's International Realty

    2 in this area

    5 Total Sales

    Annie McClelland
    Section Image
  • Scott Smith

    Seller's Agent in 2013

    Scott Smith

    Coldwell Banker Realty - Manchester

    (617) 750-2793

    11 in this area

    39 Total Sales

    Scott Smith
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71436983

MLS Property Information Network (MLS PIN)

APN: GLOU-000074-000030

Massachusetts Essex County Gloucester 01930 East Gloucester

5 Way Rd, Gloucester, MA

This home is located at 5 Way Rd, Gloucester, MA 01930 and is currently priced at $2,097,800, approximately $482 per square foot. This property was built in 1916. 5 Way Rd 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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