$548,000
SOLD MAR 25, 2026
2 Beds
1 Bath
832 Sq Ft
1,307 Sq Ft Lot

Sale Details

Date Sold: March 25, 2026

$659 Per Sq Ft

10% Above List Price

6 Days on Market

Highlights

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

About This Home

As of March 2026

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.

Last Agent to Sell the Property

Amanda Armstrong

Compass Listed on: 02/18/2026

Compass

Last Buyer's 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
  • MAIN SO: 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2024
Sold by
Nervik Christopher M and Nervik Johanna
Bought by
Nervik Ft and Nervik

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 28, 2020
Sold by
Sharp Arthur and Sterling Anne
Bought by
Nervik Christopher and Nervik Johanna
Seller's Agent
Karen Dirocco
Keller Williams Realty Evolution
Buyer's Agent
Stephen Andrews
Boardwalk Properties
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$284,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2017
Closed on
Apr 11, 2017
Sold by
Robinson Ross C
Bought by
Sharp Arthur and Sterling Anne
Seller's Agent
Debra Lovelace
Churchill Properties
Buyer's Agent
AJ Migonis
Vadala Real Estate
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Apr 7, 2008
Sold by
Dickinson Janet M
Bought by
Robinson Ross C

Purchase Details

Closed on
Oct 6, 2005
Sold by
Muniz Mark C
Bought by
Dickinson Janet M

Purchase Details

Closed on
Dec 1, 2000
Sold by
Tarbox Rhonda S
Bought by
Muniz Mark C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2026 03/25/26 Sold $548,000 +9.6% $659 / Sq Ft
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)

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

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73478134

MLS Property Information Network (MLS PIN)

APN: GLOU-000049-000055

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