$280,000
SOLD APR 11, 2017

5 Wise Place Gloucester, MA 01930

East Gloucester Neighborhood
2 Beds
1 Bath
912 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$307 Per Sq Ft

2% Below List Price

5 Days on Market

About This Home

As of September 2020

Charming 2 Bedroom Cottage/Bungalow in desirable East Gloucester location. Dreaming of that summer Cottage/Bungalow by the Ocean? This is your chance to own one within walking distance to Good Harbor Beach. Private fenced in yard great for entertaining and gardening. Turn key! Use as a year round home or as a vacation get away. Great income potential for seasonal rental. Don't miss this one....It won't last!

Last Agent to Sell the Property

Debra Lovelace

Churchill Properties Listed on: 02/21/2017

Last Buyer's Agent

AJ Migonis

Vadala Real Estate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,802

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Corner, Fenced/Enclosed, Marsh, Scenic View(s)
  • Property Type: Single Family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Appliances: Range
  • Has Basement: No
  • Number of Rooms: 5
  • Amenities: Public Transportation, Golf Course, Medical Facility, Laundromat
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile
  • Insulation: Fiberglass
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Flooring - Wood
  • Dining Room: First Floor
  • Family Room: Second Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Patio, Storage Shed, Fenced Yard, Garden Area
  • Foundation: Poured Concrete
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Heating: Hot Water Baseboard, Oil
  • Hot Water: Electric
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:0049 B:0055 L:0000
  • Zoning: R3

Multi Family

  • Waterview: Marsh

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
Current Estimated Value
$533,782

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
9.93%
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:

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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
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Not Resolvable $335,000 None Available
Not Resolvable $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 $115,000 Second Mortgage Made To Cover Down Payment
Previous Owner $304,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $284,750 New Conventional
Previous Owner $173,900 No Value Available
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $335,000 -4.3% $403 / Sq Ft
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
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 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 $3,802 $390,700 $120,100 $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

  • K

    Seller's Agent in 2020

    Karen Dirocco

    Keller Williams Realty Evolution

    (781) 718-7392

    1 in this area

    12 Total Sales

    Karen Dirocco
    Section Image

  • S

    Buyer's Agent in 2020

    Stephen Andrews

    Boardwalk Properties

    (617) 335-9782

    1 in this area

    8 Total Sales

    Stephen Andrews
    Section Image
  • Debra Lovelace

    Seller's Agent in 2017

    Debra Lovelace

    Churchill Properties

    (978) 879-7356

    11 in this area

    51 Total Sales

    Debra Lovelace
    Section Image

  • A

    Buyer's Agent in 2017

    AJ Migonis

    Vadala Real Estate

    (978) 290-1398

    16 Total Sales

    AJ Migonis
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72121382

MLS Property Information Network (MLS PIN)

APN: GLOU-000049-000055

Massachusetts Essex County Gloucester 01930 East Gloucester

5 Wise Place, Gloucester, MA

This home is located at 5 Wise Place, Gloucester, MA 01930 and is currently priced at $280,000, approximately $307 per square foot. This property was built in 1910. 5 Wise Place 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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MLS Property Information Network (MLS PIN) 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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