M
Seller's Agent in 2016
McDermott & MacCarthy
Gibson Sotheby's International Realty
5 Westbrook Ln Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $1,990,000 - $2,413,000
4
Beds
5
Baths
4,651
Sq Ft
$477/Sq Ft
Est. Value
About This Home
As of September 2016This stately, 2005 built timber frame home is magnificently sited atop 7.65 acres of lush grounds & woodlands, offering sweeping forest and horizon ocean vistas. Upon entering, one is immediately awed by the old world craftsmanship, melding the essential elements of wood, iron and stone. The 4,600+ sq. ft. home is open, airy and ready for entertaining. Seamless transitions between the great room, kitchen, dining and billiard rooms will allow large family gatherings or intimate conversations by the granite fireplace. The custom landscaping includes a rolling lawn, rock walls, patio space and a private, free-form pool. One would never imagine that Rt. 128, the commuter rail and the North Shore's most beautiful beaches are mere minutes away.
Last Agent to Sell the Property
McDermott & MacCarthy
Gibson Sotheby's International Realty Listed on: 06/08/2016
Last Buyer's Agent
McDermott & MacCarthy
Gibson Sotheby's International Realty Listed on: 06/08/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,285
Year Built
- 2005
Lot Details
- 7.65
Utilities
- Private Sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 22, 2020
Sold by
Blue Sky & Sunny Llc
Bought by
Cosman Eric
Current Estimated Value
Purchase Details
Listed on
Jun 8, 2016
Closed on
Sep 9, 2016
Sold by
Arthur Street Rt
Bought by
Blue Sky & Sunny Llc
Seller's Agent
McDermott & MacCarthy
Gibson Sotheby's International Realty
Buyer's Agent
McDermott & MacCarthy
Gibson Sotheby's International Realty
List Price
$1,399,000
Sold Price
$1,125,000
Premium/Discount to List
-$274,000
-19.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cosman Eric | $2,488,500 | None Available | |
| Blue Sky & Sunny Llc | $1,125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cosman Eric | $1,415,000 | |
| Previous Owner | Arthur Stgloucester Rt | $500,000 | |
| Previous Owner | Arthur Stgloucester Rt | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2016 09/09/16 | Sold | $1,125,000 | +2.4% | $242 / Sq Ft |
| 08/12/2016 08/12/16 | Pending | -- | -- | -- |
| 08/03/2016 08/03/16 | Price Changed | $1,099,000 | -21.4% | $236 / Sq Ft |
| 06/08/2016 06/08/16 | For Sale | $1,399,000 | -- | $301 / 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 | $19,285 | $1,982,000 | $555,400 | $1,426,600 |
| 2024 | $19,285 | $1,982,000 | $555,400 | $1,426,600 |
| 2023 | $18,492 | $1,746,200 | $496,100 | $1,250,100 |
| 2022 | $17,830 | $1,520,000 | $421,100 | $1,098,900 |
| 2021 | $16,150 | $1,298,200 | $295,100 | $1,003,100 |
| 2020 | $16,695 | $1,354,000 | $295,100 | $1,058,900 |
| 2019 | $16,264 | $1,281,600 | $295,100 | $986,500 |
| 2018 | $18,322 | $1,417,000 | $478,500 | $938,500 |
| 2017 | $17,780 | $1,348,000 | $456,600 | $891,400 |
| 2016 | $17,756 | $1,304,600 | $476,700 | $827,900 |
| 2015 | $16,855 | $1,234,800 | $476,700 | $758,100 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72020111
APN: GLOU-000198-000004
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.
Nearby Homes
- 602 Summer St
- 5 Kings Way
- 7 Emily Ln
- 23 University Ln
- 370 Summer St
- 2 Ocean Ave Unit 1J
- 29 Flume Rd
- 335 Summer St
- 24 Flume Rd
- 23 Ocean St
- 156 Hesperus Ave Unit 4
- 150 Hesperus Ave
- 4 Dexter Ln
- 146 Hesperus Ave
- 214 Summer St
- 5 & 9 Ocean Highlands
- 403 Western Ave
- 239 Summer St
- 359 Western Ave
- 368 Essex Ave
- 7 Westbrook Ln
- 8688R Magnolia Ave
- 130 Magnolia Ave
- 6 Westbrook Ln
- 128 Magnolia Ave
- 132 Magnolia Ave
- 126 Magnolia Ave
- 126R Magnolia Ave
- 134 Magnolia Ave
- 124 Magnolia Ave
- 138 Magnolia Ave
- 3 Edmonds Way
- 116 Magnolia Ave
- 116 Magnolia Ave Unit B
- 122 Magnolia Ave
- 122 Magnolia Ave
- 139 Magnolia Ave
- 120 Magnolia Ave
- 118 Magnolia Ave
- 6 Edmonds Way