NOT LISTED FOR SALE

Estimated Value: $446,000 - $500,000

2 Beds
1 Bath
1,210 Sq Ft
1900 Built

Last Sold January 08, 2021

Last sale price $385,000 $318 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,953/month

45 Days on Market

About This Home

As of January 2021

Two bedroom one bathroom condo set back on a dead end street in desirable East Gloucester. Roughly a half mile from the footbridge of beautiful Good Harbor Beach and scenic Cripple Cove Playground. Enjoy the ocean breeze sitting on the back deck or in the adorable back yard/garden space. This unit offers two deeded off street parking spots,One Car Garage, laundry in the unit, and basement for extra storage space/work area. No monthly condo fee. Pet Friendly!

Last Listed By

Jesse Freire

Coldwell Banker Realty - Lynnfield Listed on: 10/27/2020

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1900

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0055 B:0020 L:0001

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,800

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Attached
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 326.45
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Rooms: 5
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN1378
  • Main So: AN1378
  • Estimated Sq Ft: 1210.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Post & Beam
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Insulation Feature: Full
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3
  • Garage Parking: Attached, Garage Door Opener
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park

Lot Info

  • Assessments: 281300.00
  • Page: 382
  • Parcel Number: M:0055 B:0020 L:0001
  • Zoning: R-10

Tax Info

  • Taxes: 3468.00
  • Assessor Parcel Number: 4519272
  • Tax Year: 2020

Multi Family

  • No Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Morris Patrick R Est
Bought by
Keddy Jane E
Total Days on Market
45
Current Estimated Value
$473,178

Purchase Details

Listed on
Oct 27, 2020
Closed on
Jan 7, 2021
Sold by
Machado Jonas C and Machado Maria S
Bought by
Morris Patrick R
Seller's Agent
Jesse Freire
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Jesse Freire
Coldwell Banker Realty - Lynnfield
List Price
$419,900
Sold Price
$385,000
Premium/Discount to List
-$34,900
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$365,750
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2019
Sold by
King Michael K
Bought by
Machado Jonas C and Machado Maioli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,200
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2016
Sold by
Jarvis Zachary G
Bought by
King Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 4, 2005
Sold by
Ribeiro Joel C
Bought by
Jarvis Zachary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Keddy Jane E $410,000 None Available
Morris Patrick R $385,000 None Available
Machado Jonas C $330,000 None Available
King Michael K $270,000 --
Jarvis Zachary G $272,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Patrick R $365,750
Previous Owner Machado Jonas C $310,200
Previous Owner King Michael K $50,000
Previous Owner King Michael K $256,500
Previous Owner Jarvis Zachary G $244,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $385,000 -2.5% $318 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/18/2020 11/18/20 Price Changed $395,000 -5.9% $326 / Sq Ft
10/27/2020 10/27/20 For Sale $419,900 -- $347 / 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 $3,800 $390,500 $0 $390,500
2024 $3,800 $390,500 $0 $390,500
2023 $3,643 $344,000 $0 $344,000
2022 $3,511 $299,300 $0 $299,300
2021 $3,499 $281,300 $0 $281,300
2020 $3,468 $281,300 $0 $281,300
2019 $3,303 $260,300 $0 $260,300
2018 $3,115 $240,900 $0 $240,900
2017 $2,730 $207,000 $0 $207,000
2016 $2,472 $181,600 $0 $181,600
2015 -- $177,600 $0 $177,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72749246

MLS Property Information Network (MLS PIN)

APN: GLOU-000055-000020-000001