NOT LISTED FOR SALE

Estimated Value: $968,000 - $1,242,000

5 Beds
3 Baths
3,414 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $650,000 $190 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,944/month

7 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Whole House Vacuum System
  • Deck
  • Porch
  • Security Service

About This Home

As of May 2019

BEAUTY ABUNDANT! East Gloucester home. Ponder the power of Mother Nature while sitting in your own living room or master bedroom with commanding views of Salt Island, Good Harbor Beach, & beyond! Revel in her summer breezes & respect her wondrous winter storms! Perched high on a knoll, this solidly built 10 room Contemporary home is on a nice size lot with ample room for the whole family & even the in-laws. The first floor offers 4 bedrooms, 1 bath and family room. Second floor with lots of light & warmth has a well thought out open floor plan: kitchen with granite counters, living/dining room & windows framing the magnificent ocean views. Accented with tile & wood floors, a half bath, and a nice deck. The third-floor has the master bedroom retreat comprising of a two room suite with fireplace, full bathroom, & private deck to continually appreciate the views. But wait there's more ... the lower level has a phenomenal game/bar room meant for entertaining.

Last Agent to Sell the Property

Fintan Madden

RE/MAX Beacon Listed on: 03/28/2019

RE/MAX Beacon

Last Buyer's Agent

Fintan Madden

RE/MAX Beacon Listed on: 03/28/2019

RE/MAX Beacon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,235

Year Built

  • Built in 1994

Lot Details

  • Year Round Access
  • Property is zoned R 10

Property Views

  • Ocean
  • Harbor

Interior Spaces

  • Central Vacuum
  • Dryer
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Eco-Friendly Details

  • Whole House Vacuum System

Outdoor Features

  • Deck
  • Porch

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Oil Water Heater
  • Cable TV Available

Community Details

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,235

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial, Contemporary
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 187.11
  • Comp Based On: Net Sale Price
  • Year Built: 1994
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Interior Amenities: Central Vacuum, Security System, Cable Available
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Dryer, Vacuum System
  • No Bedrooms: 5
  • Master Bedroom: On Level: Third Floor, Bathroom - Full, Fireplace, Ceiling Fan(s), Closet - Walk-in, Flooring - Wall to Wall Carpet, Balcony / Deck, Balcony - Exterior, High Speed Internet Hookup, Recessed Lighting, Slider
  • Bedroom 2: On Level: First Floor, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: First Floor, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Bedroom 4: On Level: First Floor, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Bedroom 5: On Level: First Floor, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Third Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: Second Floor, Bathroom - Half, Flooring - Stone/Ceramic Tile
  • No Rooms: 10
  • Dining Room: On Level: Second Floor, Flooring - Wood, Main Level
  • Family Room: On Level: First Floor, Wood / Coal / Pellet Stove, Ceiling Fan(s), Closet, Flooring - Wood, Window(s) - Bay/Bow/Box, Cable Hookup, Exterior Access, Recessed Lighting
  • Kitchen: On Level: Second Floor, Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Main Level, Kitchen Island, Deck - Exterior, Exterior Access, Open Floor Plan, Recessed Lighting
  • Laundry: On Level: Second Floor, Closet
  • Living Room: On Level: Second Floor, Flooring - Wood, Main Level, Cable Hookup, Deck - Exterior, Open Floor Plan, Recessed Lighting, Slider
  • Basement: Y
  • Basement Features: Full, Finished, Walk Out, Interior Access, Radon Remediation System
  • Other Room 1: Name: Foyer, On Level: First Floor
  • Other Room 2: Name: Game Room, On Level: Basement, Closet/Cabinets - Custom Built, Flooring - Wood, Pantry, Countertops - Upgraded, Wet bar, Cabinets - Upgraded, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floor Plan, Recessed Lighting, Remodeled, Wine Chiller
  • Other Room 3: Name: Office, On Level: Third Floor, Skylight, Ceiling Fan(s), Closet - Walk-in, Flooring - Wood, Recessed Lighting
  • Main Lo: C58300
  • Main So: C58300
  • Estimated Sq Ft: 3414.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Frontage: 80.00
  • Waterview Features: Harbor, Ocean, Public
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Porch, Deck, Deck - Wood
  • Foundation: Poured Concrete
  • Foundation Size: 30 X 39
  • Insulation Feature: Full

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 10

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 4
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Stables, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station

Schools

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

Lot Info

  • Assessments: 736500.00
  • Lot: 0000
  • Acre: 0.49
  • Lot Size: 21330.00
  • Page: 341
  • Zoning: R 10
  • Lot Description: Paved Drive, Gentle Slope

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Taxes: 9346.19
  • Assessor Parcel Number: 1896202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 23, 2019
Sold by
Schmidt Gertrude W Est
Bought by
Lawyer Mark D and Sutherland-Lawyer Renee V
Seller's Agent
Fintan Madden
RE/MAX Beacon
Buyer's Agent
Fintan Madden
RE/MAX Beacon
List Price
$638,800
Sold Price
$650,000
Premium/Discount to List
$11,200
1.75%
Current Estimated Value
$1,120,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,099
Avg. Annual Appreciation
8.77%
Original Mortgage
$520,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2006
Sold by
Skarr-Oakes Jennifer A and Oakes Timothy R
Bought by
Schmidt Roger K

Purchase Details

Closed on
Nov 15, 1996
Sold by
Palazola Jay R and Palazola Cherrill A
Bought by
Oakes Timothy R and Skarr Jennifer A
Source: Public Records

Range of Values:

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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
Lawyer Mark D $650,000 --
Schmidt Roger K $685,000 --
Oakes Timothy R $259,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawyer Mark D $502,000
Closed Lawyer Mark D $520,000
Previous Owner Palazola Jay R $200,000
Previous Owner Palazola Jay R $331,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Sold $650,000 +1.8% $190 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $638,800 -- $187 / 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 $10,235 $1,051,900 $276,400 $775,500
2024 $10,235 $1,051,900 $276,400 $775,500
2023 $9,870 $932,000 $246,800 $685,200
2022 $9,500 $809,900 $209,700 $600,200
2021 $9,168 $737,000 $190,600 $546,400
2020 $9,667 $784,000 $190,600 $593,400
2019 $9,346 $736,500 $190,600 $545,900
2018 $9,264 $716,500 $190,600 $525,900
2017 $8,971 $680,100 $181,500 $498,600
2016 $8,714 $640,300 $182,100 $458,200
2015 $8,258 $605,000 $182,100 $422,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72472214

MLS Property Information Network (MLS PIN)

APN: GLOU-000048-000053