NOT LISTED FOR SALE

6 Cliff Ave Unit 7 Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $1,313,000 - $1,539,000

3 Beds
3 Baths
2,135 Sq Ft
2013 Built

Last Sold August 15, 2014

Last sale price $795,000 $372 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $9,037/month

214 Days on Market

About This Home

As of August 2014

HUGE PRICE DROP!! Filled with natural light, this south facing unit has a first floor master with attached 3 season porch and deck with partial views to the ocean. The floor plan allows for living on one level with minimal steps from the 2 car attached garage or the covered front entry. On the second level there are two large bedrooms, a full bath and a balcony with an ocean view. This duplex has the privacy of a single family unit. All eight units that make up the Residences of Shore Cliff have ownership in a magnificent Olmsted Garden which boldly faces east with views far up the rocky coastline of Magnolia to the Eastern Pt. lighthouse. Shore Cliff is surrounded by old stone walls and is exquisitely landscaped. The complex of 8 units is now completely built.

Last Listed By

Sandy Carpentier and Lynne Saporito

J. Barrett & Company Listed on: 12/10/2013

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,193

Year Built

2013

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, End, Garden
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2013

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Marina, T-Station
  • Electric: 220 Volts, Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet, Hardwood, Stone / Slate
  • Insulation: Full, Spray Foam, Foam
  • Interior Amenities: Cable Available, Finish - Sheetrock
  • Bedroom 2: Second Floor, 15X15
  • Bedroom 3: Second Floor, 13X16
  • Bathroom #1: First Floor, 13X9
  • Bathroom #2: Second Floor, 8X6
  • Bathroom #3: First Floor
  • Kitchen: First Floor, 14X14
  • Laundry Room: First Floor, 8X6
  • Living Room: First Floor, 15X14
  • Master Bedroom: First Floor, 14X13
  • Master Bedroom Description: Flooring - Hardwood, Balcony / Deck, Main Level, Dressing Room, Recessed Lighting
  • Dining Room: First Floor, 15X10

Exterior Features

  • Waterfront Property: Yes
  • Construction: Frame, Conventional (2x4-2x6)
  • Exterior: Clapboard, Shingles
  • Exterior Unit Features: Porch, Porch - Enclosed, Porch - Screened, Deck, Balcony, Decorative Lighting, Garden Area, Drought Tolerant/Water Conserving Landscaping, Screens, Gutters, Professional Landscaping, Stone Wall

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Work Area, Deeded, Side Entry
  • Garage Spaces: 2
  • Parking: Deeded, Guest, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Propane Gas
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Condominium Name: Shore Cliff, A Windover Development
  • Association Fee Includes: Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Park, Walking/Jogging Trails, Garden Area
  • Association Pool: No
  • Management: Professional - Off Site, Owner Association
  • Pets Allowed: Yes
  • No Units: 8
  • Unit Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2013
Closed on
Aug 15, 2014
Sold by
Windover Shorecliff Ll
Bought by
Lowe Richard and Lowe Elizabeth
Seller's Agent
Sandy Carpentier and Lynne Saporito
J. Barrett & Company
Buyer's Agent
Susan McDermott
Gibson Sotheby's International Realty
List Price
$1,120,000
Sold Price
$795,000
Premium/Discount to List
-$325,000
-29.02%
Total Days on Market
214
Current Estimated Value
$1,446,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,871
Avg. Annual Appreciation
5.74%
Original Mortgage
$495,000
Interest Rate
4.09%
Mortgage Type
New Conventional

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
Lowe Richard $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Elizabeth $404,000
Closed Lowe Richard $468,000
Closed Lowe Richard $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2014 08/15/14 Sold $795,000 0.0% $372 / Sq Ft
07/12/2014 07/12/14 Pending -- -- --
06/30/2014 06/30/14 Off Market $795,000 -- --
06/21/2014 06/21/14 Price Changed $795,000 -20.4% $372 / Sq Ft
01/19/2014 01/19/14 Price Changed $999,000 -10.8% $468 / Sq Ft
12/10/2013 12/10/13 For Sale $1,120,000 -- $525 / 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 $12,193 $1,254,400 $0 $1,254,400
2024 $11,430 $1,174,700 $0 $1,174,700
2023 $10,420 $983,900 $0 $983,900
2022 $10,443 $890,300 $0 $890,300
2021 $10,410 $836,800 $0 $836,800
2020 $10,540 $854,800 $0 $854,800
2019 $11,828 $932,100 $0 $932,100
2018 $11,875 $918,400 $0 $918,400
2017 $11,324 $858,500 $0 $858,500
2016 $10,853 $797,400 $0 $797,400
2015 -- $812,000 $0 $812,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sandy Carpentier and Lynne Saporito

    J. Barrett & Company

  • S

    Buyer's Agent in 2014

    Susan McDermott

    Gibson Sotheby's International Realty

    (978) 852-1655

    2 Total Sales

    Susan McDermott
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Map

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 71615237

MLS Property Information Network (MLS PIN)

APN: GLOU-000167-000013-000007

Massachusetts Essex County Gloucester 01930 Magnolia

6 Cliff Ave Unit 7, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 6 Cliff Ave Unit 7, Gloucester, MA 01930 since 10 December 2013 and is currently estimated at $1,446,871, approximately $677 per square foot. This property was built in 2013. 6 Cliff Ave Unit 7 is a home located in Essex County with nearby schools including West Parish, Ralph B O'maley Middle School, and Gloucester High School.

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