E
Seller's Agent in 2025
Edward Palo
Lamacchia Realty, Inc.
(781) 786-8080
3 Total Sales
SOLD OCT 16, 2020
RENTED JAN 7, 2025
54 Summer St Unit 4 Gloucester, MA 01930
Central Gloucester Neighborhood
2
Beds
1
Bath
1,298
Sq Ft
1900
Built
Highlights
- Harbor Views
- Wood Flooring
- Electric Baseboard Heater
About This Home
As of October 2020This two bedroom penthouse will take your breath away with year round water views of Gloucester's 10lb Historic lighthouse and island, watch the boat traffic in the Harbor, experience gorgeous sunsets, see the infamous Greasy Pole, to name a few. It has exclusive rights to the walk up cupola where you can gather for a dinner and absorb the beauty of Gloucester. The open concept kitchen living room has a gas fireplace. There's a large Rooftop deck for grilling, which offers plenty of space for social distance. Laundry in unit and will remain for the next buyer. Wood floors throughout. Pet friendly. Reasonable hoa dues and a great space for those downsizing, or first time home buyers. Please all agents and buyers must wear masks and gloves. 24 hours advance notice. Please email your pre approval prior to showings. A pleasure to show and a most unique style of living!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,381
Year Built
- Built in 1900
Property Views
- Harbor Views
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Utilities
- Electric Baseboard Heater
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Basement
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2020
Closed on
Oct 15, 2020
Sold by
Burke Darren and Burke Megan
Bought by
Murphy Jason
Seller's Agent
Karin Gitto
Bancroft Realty Group
Buyer's Agent
Paul Cervone
Lamacchia Realty, Inc.
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
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
$140,289
Avg. Annual Appreciation
7.73%
Original Mortgage
$288,000
Outstanding Balance
$257,891
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$204,726
Purchase Details
Listed on
Jun 20, 2013
Closed on
May 30, 2014
Sold by
Saginario David A
Bought by
Nyland Megan and Burke Darren
Seller's Agent
Ann Olivo
J. Barrett & Company
Buyer's Agent
Mimi Smith
J. Barrett & Company
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Original Mortgage
$147,250
Interest Rate
4.26%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $320,000 | None Available | |
| Not Resolvable | $155,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $288,000 | New Conventional | |
| Previous Owner | $147,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/07/2025 01/07/25 | Rented | $2,100 | 0.0% | -- |
| 01/03/2025 01/03/25 | Under Contract | -- | -- | -- |
| 11/05/2024 11/05/24 | For Rent | $2,100 | 0.0% | -- |
| 11/30/2023 11/30/23 | Rented | $2,100 | 0.0% | -- |
| 11/29/2023 11/29/23 | Under Contract | -- | -- | -- |
| 11/08/2023 11/08/23 | For Rent | $2,100 | -4.5% | -- |
| 03/12/2023 03/12/23 | Rented | $2,200 | 0.0% | -- |
| 12/15/2022 12/15/22 | For Rent | $2,200 | +11.4% | -- |
| 01/10/2022 01/10/22 | Rented | -- | -- | -- |
| 12/14/2021 12/14/21 | For Rent | $1,975 | +6.8% | -- |
| 03/04/2021 03/04/21 | Rented | $1,850 | 0.0% | -- |
| 03/03/2021 03/03/21 | Under Contract | -- | -- | -- |
| 02/19/2021 02/19/21 | For Rent | $1,850 | 0.0% | -- |
| 10/16/2020 10/16/20 | Sold | $320,000 | -1.5% | $247 / Sq Ft |
| 09/07/2020 09/07/20 | Pending | -- | -- | -- |
| 08/05/2020 08/05/20 | For Sale | $325,000 | +109.7% | $250 / Sq Ft |
| 05/30/2014 05/30/14 | Sold | $155,000 | 0.0% | $165 / Sq Ft |
| 04/14/2014 04/14/14 | Pending | -- | -- | -- |
| 03/31/2014 03/31/14 | Off Market | $155,000 | -- | -- |
| 12/23/2013 12/23/13 | For Sale | $185,000 | +19.4% | $197 / Sq Ft |
| 12/20/2013 12/20/13 | Off Market | $155,000 | -- | -- |
| 11/21/2013 11/21/13 | Price Changed | $185,000 | -5.1% | $197 / Sq Ft |
| 09/06/2013 09/06/13 | Price Changed | $195,000 | -11.0% | $208 / Sq Ft |
| 06/20/2013 06/20/13 | For Sale | $219,000 | -- | $234 / 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 | $3,381 | $347,500 | $0 | $347,500 |
| 2024 | $3,381 | $347,500 | $0 | $347,500 |
| 2023 | $3,238 | $305,800 | $0 | $305,800 |
| 2022 | $3,246 | $276,700 | $0 | $276,700 |
| 2021 | $2,661 | $213,900 | $0 | $213,900 |
| 2020 | $2,637 | $213,900 | $0 | $213,900 |
| 2019 | $2,511 | $197,900 | $0 | $197,900 |
| 2018 | $2,367 | $183,100 | $0 | $183,100 |
| 2017 | $2,234 | $169,400 | $0 | $169,400 |
| 2016 | $2,119 | $155,700 | $0 | $155,700 |
| 2015 | $2,491 | $182,500 | $0 | $182,500 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Palo
-
Paul Cervone
Seller's Agent in 2023
Paul Cervone
Lamacchia Realty, Inc.
(781) 272-5665
1 in this area
212 Total Sales
-
N
Buyer's Agent in 2023
Non Member
Non Member Office
-
C
Buyer's Agent in 2022
Colleen Robitaille
Lamacchia Realty, Inc.
-
Karin Gitto
Seller's Agent in 2020
Karin Gitto
Bancroft Realty Group
(978) 979-7181
3 in this area
22 Total Sales
-
Ann Olivo
Seller's Agent in 2014
Ann Olivo
J. Barrett & Company
(508) 942-4323
15 in this area
83 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72704839
APN: GLOU-000006-000071-000004
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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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