Seller's Agent in 2016
Karen Bernier
Churchill Properties
(978) 807-5580
97 Total Sales
53 Summer St Unit 4 Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $448,000 - $608,000
1
Bed
1
Bath
909
Sq Ft
$175/mo
HOA Fee
Highlights
- No Units Above
- Waterfront
- Open Floorplan
- City View
- 0.27 Acre Lot
- Deck
About This Home
As of December 2016Nestled among the tree tops, this penthouse unit has magnificent views overlooking all of the outer Gloucester Harbor, including Ten-Pound island, providing an ever changing expansive view of sea and sky. Filled with glass, including multiple, over-sized skylights and two sets of glass doors, this bright and airy unit invites in the light and fresh air. Twin balconies allow you to enjoy the views from the city to the open Atlantic. Hardwood floors accent the main living area and the kitchen was recently upgraded with exquisite granite and new appliances. The unit includes generous off-street parking as well as exceptional storage. Conveniently located, it’s just steps to the Beauport Hotel, Stacy Boulevard, and Pavilion Beach. All the great shops and restaurants of Gloucester’s downtown, as well as commuter rail service to Boston, are also in easy walking distance. With the low taxes and condo fee you can experience the best of Gloucester at a fraction of the cost.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,441
Year Built
- Built in 1900
Lot Details
- Waterfront
- No Units Above
- End Unit
HOA Fees
- $175 Monthly HOA Fees
Home Design
- Garden Home
- Entry on the 3rd floor
- Frame Construction
- Shingle Roof
- Slate Roof
Interior Spaces
- 909 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Skylights
- Insulated Doors
- Den
- City Views
Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Washer and Dryer
Parking
- 2 Car Parking Spaces
- Common or Shared Parking
- Unpaved Parking
- Open Parking
- Off-Street Parking
- Deeded Parking
Outdoor Features
- Water Access
- Walking Distance to Water
- Balcony
- Deck
- Outdoor Storage
Location
- Property is near public transit
Schools
- Beeman Elementary School
- O'maley Middle School
- Gloucester High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- 100 Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 4 / 13
Community Details
Overview
- Association fees include insurance, maintenance structure, ground maintenance, snow removal, reserve funds
- 4 Units
- Mid-Rise Condominium
- Island View Condominium Community
Amenities
- Common Area
- Shops
Recreation
- Park
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2016
Closed on
Dec 15, 2016
Sold by
Grayton Joseph F and Grayton Carole N
Bought by
Comb Benjamin D
Seller's Agent
Karen Bernier
Churchill Properties
Buyer's Agent
Alli Allmendinger
Churchill Properties
List Price
$329,000
Sold Price
$290,000
Premium/Discount to List
-$39,000
-11.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,193
Avg. Annual Appreciation
5.87%
Original Mortgage
$217,500
Outstanding Balance
$122,257
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$356,537
Purchase Details
Closed on
Sep 3, 1991
Sold by
Danvers Sb
Bought by
Grayton Joseph F and Carole N Grayton
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
9.44%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Comb Benjamin D | $290,000 | -- | |
| Grayton Joseph F | $63,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Comb Benjamin D | $217,500 | |
| Previous Owner | Grayton Joseph F | $35,000 | |
| Previous Owner | Grayton Joseph F | $57,000 | |
| Previous Owner | Grayton Joseph F | $30,000 | |
| Previous Owner | Grayton Joseph F | $38,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2016 12/15/16 | Sold | $290,000 | -3.0% | $319 / Sq Ft |
| 10/24/2016 10/24/16 | Pending | -- | -- | -- |
| 10/12/2016 10/12/16 | Price Changed | $299,000 | -5.0% | $329 / Sq Ft |
| 09/20/2016 09/20/16 | Price Changed | $314,900 | -4.3% | $346 / Sq Ft |
| 09/07/2016 09/07/16 | For Sale | $329,000 | -- | $362 / 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 | $4,593 | $472,000 | $0 | $472,000 |
| 2024 | $4,593 | $472,000 | $0 | $472,000 |
| 2023 | $4,398 | $415,300 | $0 | $415,300 |
| 2022 | $4,406 | $375,600 | $0 | $375,600 |
| 2021 | $4,181 | $336,100 | $0 | $336,100 |
| 2020 | $4,144 | $336,100 | $0 | $336,100 |
| 2019 | $3,945 | $310,900 | $0 | $310,900 |
| 2018 | $3,716 | $287,400 | $0 | $287,400 |
| 2017 | $3,630 | $275,200 | $0 | $275,200 |
| 2016 | $3,441 | $252,800 | $0 | $252,800 |
| 2015 | $3,374 | $247,200 | $0 | $247,200 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Bernier
-
Alli Allmendinger
Seller Co-Listing Agent in 2016
Alli Allmendinger
Churchill Properties
(978) 325-2702
5 in this area
22 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72063635
APN: GLOU-000003-000013-000004
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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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