NOT LISTED FOR SALE

Estimated Value: $745,189 - $989,000

3 Beds
1 Bath
1,077 Sq Ft
$793/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $532,000 $494 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,265/month

10 Days on Market

Highlights

  • Deck
  • Porch
  • Tankless Water Heater
  • Wood Flooring
  • Patio
  • Electric Baseboard Heater

About This Home

As of May 2019

Timeless BEACH BUNGALOW just steps to Niles Beach and a short stroll to the galleries, shops and restaurants of Rocky Neck Art Colony and Gloucester Stage. This delightful home has been thoughtfully renovated with tasteful finishes. Inside boasts three bedrooms and bonus room - could serve as a nursery or office, cheery kitchen with breakfast bar and open dining area with new sliders to deck. Inviting and serene outdoor space includes a large wrap around mahogany farmers porch, private patio with trellis and barbecue area for tranquil entertaining. Newly landscaped driveway makes for easy offstreet parking. Updates also include new on-demand water heater, large deck slider, and freshly painted interior, making this lovely home turn key. Incomparable location in desirable East Gloucester just before Eastern Point. If you're looking for the perfect beach get away, come home to 58 Eastern Point Road! Plan to move right in - the new furniture is negotiable!

Last Listed By

Barbara Dugan

Engel & Volkers By the Sea Listed on: 03/29/2019

Engel & Volkers By the Sea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,353

Year Built

  • Built in 1920

Lot Details

  • Property is zoned R-3

Kitchen

  • Built-In Range
  • Microwave
  • ENERGY STAR Range

Flooring

  • Wood
  • Laminate

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Electric Baseboard Heater
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,353

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Bungalow
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 506.04
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Flooring: Wood, Hardwood, Wood Laminate
  • Interior Amenities: Cable Available
  • Appliances: Microwave, Countertop Range, Refrigerator, Washer, Dryer, Range - ENERGY STAR
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 23X8, Ceiling - Cathedral, Closet, Recessed Lighting
  • Bedroom 2: On Level: Second Floor, Dimension: 11X10, Ceiling - Cathedral, Closet, Recessed Lighting
  • Bedroom 3: On Level: Third Floor, Dimension: 11X8, Ceiling - Cathedral, Recessed Lighting
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate, Main Level, Dryer Hookup - Electric, Wainscoting, Washer Hookup
  • No Rooms: 6
  • Kitchen: On Level: First Floor, Dimension: 19X10, Closet, Flooring - Hardwood, Flooring - Laminate, Dining Area, Countertops - Upgraded, Main Level, Kitchen Island, Deck - Exterior, Exterior Access, Slider, Gas Stove
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Dimension: 12X11, Closet, Flooring - Hardwood, Main Level, Cable Hookup
  • Basement: Y
  • Basement Features: Crawl
  • Other Room 1: Name: Bonus Room, On Level: Second Floor, Dimension: 9X6, Ceiling - Cathedral
  • Main Lo: AN4733
  • Main So: C95243
  • Estimated Sq Ft: 1077.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch, Deck - Wood, Patio
  • Foundation: Poured Concrete, Fieldstone
  • Foundation Size: 20 x 25
  • Insulation Feature: Full

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts
  • Heating: Electric Baseboard
  • Heat Zones: 5
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, House of Worship, Marina, Public School, T-Station

Schools

  • Elementary School: East Gloucester
  • Middle School: O'Maley
  • High School: Gloucester High

Lot Info

  • Assessments: 361400.00
  • Lot: 20
  • Acre: 0.03
  • Lot Size: 1297.00
  • Page: 73
  • Zoning: R-3
  • Lot Description: Corner

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Taxes: 4586.00
  • Assessor Parcel Number: 1900365

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2019
Sold by
Reynolds Lt
Bought by
Reynolds Gloucester Rt
Total Days on Market
10
Current Estimated Value
$854,297

Purchase Details

Listed on
Mar 29, 2019
Closed on
May 7, 2019
Sold by
Tessicini David W and Signe-Tessicini Katrina
Bought by
Reynolds James D and Reynolds Judith D
Seller's Agent
Barbara Dugan
Engel & Volkers By the Sea
Buyer's Agent
Mary Ciaraldi
J. Barrett & Company
List Price
$545,000
Sold Price
$532,000
Premium/Discount to List
-$13,000
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%

Purchase Details

Listed on
Jun 14, 2017
Closed on
Sep 8, 2017
Sold by
Beach House Rt
Bought by
Signe-Tessicini Katrina and Tessicini David W
Seller's Agent
William Rochford
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Barbara Dugan
Engel & Volkers By the Sea
List Price
$498,000
Sold Price
$485,000
Premium/Discount to List
-$13,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$388,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2000
Sold by
Taft Harry T and Taft Elizabeth A
Bought by
Beach Hsg Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

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
Reynolds Gloucester Rt -- --
Reynolds James D $532,000 --
Signe-Tessicini Katrina $485,000 --
Beach Hsg Rt $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Signe-Tessicini Katrina $388,000
Previous Owner Haft Harry T $141,000
Previous Owner Haft Harry T $265,000
Previous Owner Haft Harry T $100,000
Previous Owner Haft Harry T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $532,000 -2.4% $494 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $545,000 +12.4% $506 / Sq Ft
09/08/2017 09/08/17 Sold $485,000 -2.6% $450 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $498,000 -- $462 / 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 $6,353 $652,900 $303,000 $349,900
2024 $6,353 $652,900 $303,000 $349,900
2023 $6,103 $576,300 $270,500 $305,800
2022 $5,847 $498,500 $235,300 $263,200
2021 $5,638 $453,200 $213,900 $239,300
2020 $4,820 $390,900 $159,900 $231,000
2019 $4,586 $361,400 $159,900 $201,500
2018 $3,284 $254,000 $139,100 $114,900
2017 $2,811 $213,100 $104,300 $108,800
2016 $2,712 $199,300 $104,700 $94,600
2015 $2,619 $191,900 $104,700 $87,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72473092

MLS Property Information Network (MLS PIN)

APN: GLOU-000133-000020