$500,000
PENDING

Estimated payment $2,893/month

Total Views 2,008
2 Beds
1 Bath
832 Sq Ft
$601 Price per Sq Ft

Highlights

  • Beach Front
  • Golf Course Community
  • Scenic Views
  • Marina
  • Medical Services
  • Custom Closet System

About This Home

Welcome to 5 Wise Place, a beautifully situated home tucked away on a quiet street in one of Gloucester’s most desirable neighborhoods. This inviting property offers a thoughtful layout with light-filled living spaces designed for both everyday comfort and easy entertaining. Enjoy the convenience of nearby beaches, downtown Gloucester, the harbor, shops, and restaurants—while still savoring the peace and privacy of a residential setting. Whether you’re hosting gatherings, relaxing at home, or exploring everything Cape Ann has to offer, this property provides the perfect balance of coastal charm and practical living. A wonderful opportunity to own a home that truly captures the essence of Gloucester living.

Listing Agent

Amanda Armstrong

Compass Listed on: 02/18/2026

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,802

Year Built

  • Built in 1910

Lot Details

  • 1,440 Sq Ft Lot
  • Property fronts a marsh
  • Beach Front
  • Fenced Yard
  • Marsh on Lot
  • Garden
  • Property is zoned R10

Home Design

  • Cape Cod Architecture
  • Cottage
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 832 Sq Ft Home
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Sliding Doors
  • Scenic Vista Views
  • Exterior Basement Entry
  • Attic Access Panel

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Shared Driveway
  • Unpaved Parking
  • 1 Open Parking Space
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit and schools

Schools

  • East Gloucester Elementary School
  • O'maley Middle School
  • GHS High School

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Block 0055
  • Assessor Parcel Number 1896271

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,802

Year Built

Built in 1910

Lot Details

1,440 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape, Cottage
  • Year Built: 1910
  • Year Built Details: Renovated Since
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Internet Available - Unknown
  • Fireplace YN: No
  • Appliances: Electric Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Attic Access, Lighting - Overhead
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Cable Hookup, Lighting - Pendant
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Pendant
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Cable Hookup, Deck - Exterior, Exterior Access, Recessed Lighting, Slider, Stainless Steel Appliances, Wainscoting, Lighting - Pendant
  • Laundry Features: Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Washer Hookup, Lighting - Overhead, First Floor
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood, Exterior Access, Wainscoting, Lighting - Pendant, Crown Molding
  • Above Grade Finished Sq Ft: 832
  • Accessibility Features: No
  • Living Area: 832
  • Spa YN: No
  • MAIN LO: AN2383
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck, Covered Patio/Deck, Rain Gutters, Fenced Yard, Garden
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Covered
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 1
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street, Unpaved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil, Pellet Stove
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, Marina, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1896271
  • Zoning: R10
  • Farm Land Area Units: Square Feet
  • Lot Features: Marsh
  • Lot Size Acres: 0.03
  • Lot Size Sq Ft: 1440
  • Lot Size Units: Acres
  • Property Attached YN: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3802
  • Tax Block: 0055
  • Tax Lot: 0000

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: Marsh

MLS Schools

  • High School: Ghs
  • Elementary School: East Gloucester
  • Middle Or Junior School: O'maley

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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 $3,856 $396,700 $126,100 $270,600
2024 $3,802 $390,700 $120,100 $270,600
2023 $3,637 $343,400 $107,200 $236,200
2022 $3,517 $299,800 $93,200 $206,600
2021 $3,392 $272,700 $84,800 $187,900
2020 $3,258 $264,200 $84,800 $179,400
2019 $3,035 $239,200 $84,800 $154,400
2018 $2,851 $220,500 $84,800 $135,700
2017 $2,790 $211,500 $80,700 $130,800
2016 $2,678 $196,800 $84,200 $112,600
2015 $2,566 $188,000 $84,200 $103,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2026 02/24/26 Pending -- -- --
02/18/2026 02/18/26 For Sale $500,000 +49.3% $601 / Sq Ft
09/30/2020 09/30/20 Sold $335,000 -4.3% $403 / Sq Ft View Prior Sale
08/18/2020 08/18/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $349,900 +25.0% $421 / Sq Ft
04/11/2017 04/11/17 Sold $280,000 -1.8% $307 / Sq Ft View Prior Sale
02/26/2017 02/26/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $285,000 -- $313 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $335,000 None Available
Not Resolvable $335,000 None Available
Quit Claim Deed $335,000 None Available
Quit Claim Deed $280,000 --
Deed $255,000 --
Deed $249,000 --
Deed $107,000 --
Deed $255,000 --
Deed $249,000 --
Deed $107,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $284,750 New Conventional
Previous Owner $173,900 No Value Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73478134

MLS Property Information Network (MLS PIN)

APN: GLOU-000049-000055

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