NOT LISTED FOR SALE

54 Summer St Unit 2 Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $428,000 - $460,000

2 Beds
1 Bath
1,005 Sq Ft
$159/mo HOA Fee

Last Sold March 30, 2018

Last sale price $249,500 $248 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,832/month

8 Days on Market

About This Home

As of March 2018

Fabulous Opportunity to buy a spacious condo wonderfully located in the heart of Gloucester and within walking distance to downtown shopping, Pavilion beach, commuter rail, & famous Stacey Boulevard! This wonderful 2 bedroom, 1 bath unit is part of a gorgeous Victorian building that sits up high so you can enjoy distant harbor views from outside! The interior has just been fully painted and the floors have been refinished and are now gleaming! The open concept floor plan and high ceilings are fantastic and some great bonuses include a private patio with exclusive use, 2 car tandem parking, in-unit laundry, and storage in the basement! Low condo fee and a domestic pet is allowed! Move right in! This is a superb value!

Last Agent to Sell the Property

Lillian Lograsso

J. Barrett & Company Listed on: 02/13/2018

Last Buyer's Agent

Alli Allmendinger

Churchill Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 1900

HOA Fees

  • $159 per month

Kitchen

  • Range
  • Dishwasher

Laundry

  • Washer

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Water Holding Tank

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,553

Year Built

Built in 1900

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 257.71
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 16X14, Ceiling Fan(s), Flooring - Wood
  • Bedroom 2: On Level: First Floor, Dimension: 9X13, Flooring - Wood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Dimension: 12X14, Flooring - Laminate, Open Floor Plan
  • Living Room: On Level: First Floor, Dimension: 14X14, Ceiling Fan(s), Flooring - Wood
  • Basement: Y
  • Other Room 1: Name: Mud Room, On Level: First Floor, Dimension: 13X3
  • No Living Levels: 1
  • Main Lo: C58300
  • Main So: an4851
  • Estimated Sq Ft: 1005.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Exterior: Wood
  • Exterior Unit Features: Patio, Patio - Enclosed

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Central Heat, Gas
  • Heat Zones: 1
  • Hot Water: Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • HOA Fees: 159.00
  • Association Fee Includes: Master Insurance, Snow Removal
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: BABSON HILL CONDOMINIUM

Lot Info

  • Assessments: 236600.00
  • Page: 572
  • Zoning: R-5

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3060.00
  • Assessor Parcel Number: 4567601

Multi Family

  • No Units: 4
  • No Units Owner Occ: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Mar 30, 2018
Sold by
Hashley Wendy
Bought by
Favalora Eva M and Favalora Joseph A
Seller's Agent
Lillian Lograsso
J. Barrett & Company
Buyer's Agent
Alli Allmendinger
Churchill Properties
List Price
$259,000
Sold Price
$249,500
Premium/Discount to List
-$9,500
-3.67%
Current Estimated Value
$448,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,737
Avg. Annual Appreciation
8.11%
Original Mortgage
$199,600
Outstanding Balance
$170,246
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$277,991

Purchase Details

Closed on
May 29, 2008
Sold by
Aspesi James D
Bought by
Kokos Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2006
Sold by
Saginario David A
Bought by
Aspesi James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.23%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Favalora Eva M $249,500 --
Kokos Wendy $225,000 --
Aspesi James D $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favalora Eva M $199,600
Previous Owner Aspesi James D $204,250
Previous Owner Aspesi James D $205,000
Previous Owner Aspesi James D $10,000
Previous Owner Aspesi James D $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $249,500 -3.7% $248 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $259,000 -- $258 / 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 $3,553 $365,200 $0 $365,200
2024 $3,553 $365,200 $0 $365,200
2023 $3,404 $321,400 $0 $321,400
2022 $3,411 $290,800 $0 $290,800
2021 $3,237 $260,200 $0 $260,200
2020 $3,208 $260,200 $0 $260,200
2019 $3,246 $255,800 $0 $255,800
2018 $3,059 $236,600 $0 $236,600
2017 $2,887 $218,900 $0 $218,900
2016 $2,738 $201,200 $0 $201,200
2015 $2,685 $196,700 $0 $196,700
Source: Public Records

Agents Affiliated with this Home

  • Lillian Lograsso

    Seller's Agent in 2018

    Lillian Lograsso

    J. Barrett & Company

    (978) 479-2250

    6 in this area

    26 Total Sales

    Lillian Lograsso
    Section Image
  • Alli Allmendinger

    Buyer's Agent in 2018

    Alli Allmendinger

    Churchill Properties

    (978) 325-2702

    5 in this area

    22 Total Sales

    Alli Allmendinger
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72281178

MLS Property Information Network (MLS PIN)

APN: GLOU-000006-000071-000002

Massachusetts Essex County Gloucester 01930 Central Gloucester

54 Summer St Unit 2, Gloucester, MA

This home is located at 54 Summer St Unit 2, Gloucester, MA 01930 since 13 February 2018 and is currently estimated at $448,237, approximately $446 per square foot. This property was built in 1900. 54 Summer St Unit 2 is a home located in Essex County with nearby schools including Beeman Memorial, Ralph B O'maley Middle School, and Gloucester High School.

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