NOT LISTED FOR SALE

Estimated Value: $4,005,559 - $4,576,000

4 Beds
3.5 Baths
3,400 Sq Ft
$1,282/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $3,500,000 $1,029 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $25,514/month

67 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Medical Services
  • Ocean View
  • Community Stables
  • Waterfront

About This Home

As of October 2023

Mistral is a remarkable Shingle-Style home on prestigious Eastern Point in Gloucester, Massachusetts. This spectacular oceanfront property offers over an acre on the rocky coastline of the Atlantic with views of the historic Eastern Point lighthouse as well as (distant) skyline views of Boston. The location is both stunning and serene, offering the perfect escape from the hustle and bustle of city life. The inside of this luxurious home was designed for entertaining friends and family on a grand scale. Mistral also features expansive outdoor living spaces, perfect for enjoying the cool ocean breezes and stunning views. With Bass Rocks Golf and Tennis Club, Bass Rocks Beach Club and Eastern Point Yacht Club minutes away, Mistral’s location is truly a dream home come true for anyone seeking the ultimate in oceanfront living … all just 31 minutes from Beverly Regional Airport.

Last Agent to Sell the Property

Brackett Janis Group

Engel & Volkers By the Sea Listed on: 06/12/2023

Engel & Volkers By the Sea

Last Buyer's Agent

Melissa Dias Lopes

J. Barrett & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,791

Year Built

  • Built in 1965

Lot Details

  • 1.38 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Sprinkler System
  • Property is zoned RC-40

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,400 Sq Ft Home
  • Vaulted Ceiling
  • Picture Window
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area
  • Sun or Florida Room
  • Screened Porch
  • Ocean Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Walking Distance to Water
  • Outdoor Storage

Location

  • Property is near schools

Utilities

  • No Cooling
  • Electric Baseboard Heater
  • Private Sewer

Listing and Financial Details

  • Tax Block 0021
  • Assessor Parcel Number 1900554

Community Details

Overview

  • Eastern Point Subdivision
  • Near Conservation Area

Amenities

  • Medical Services

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Stables
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,791

Year Built

Built in 1965

Lot Details

0

HOA Fees

$125 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Shingle
  • Year Built: 1965
  • Subdivision Name: Eastern Point
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Tile, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Entrance Foyer, Sun Room
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Refrigerator
  • Total Bedrooms: 4
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Level: First
  • Room Bedroom4 Level: First
  • Room Bedroom4 Features: Flooring - Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Room Dining Room Features: Flooring - Hardwood, Window(s) - Picture
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Kitchen Island
  • Laundry Features: First Floor
  • Room Living Room Level: Second
  • Room Living Room Features: Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Picture
  • Basement: Crawl Space
  • Living Area: 3400
  • Spa YN: No
  • MAIN LO: AN4733
  • MAIN SO: C95243
  • Insulation: Partial

Exterior Features

  • Exterior Features: Porch, Porch - Enclosed, Porch - Screened, Storage, Sprinkler System
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Porch - Enclosed, Screened
  • Road Frontage Type: Private Road
  • Roof: Shingle
  • Waterfront Features: Waterfront, Beach Front, Ocean, Beach Access, Harbor, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public,Association)
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Attached, Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Private Sewer
  • Cooling: None
  • Heating: Electric Baseboard
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Community Features: Tennis Court(s), Walk/Jog Trails, Stable(s), Golf, Medical Facility, Conservation Area, Marina, Private School, Public School
  • Senior Community YN: No
  • REQD OWN ASSOCIATION: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Parcel Number: 1900554
  • Zoning: RC-40
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 1.38
  • Lot Size Sq Ft: 60113
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 29791
  • Tax Block: 0021
  • Tax Lot: 0000

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Oct 18, 2023
Sold by
Elizabeth Lamb Clark T and Elizabeth Casey
Bought by
Gallagher Christopher M
Seller's Agent
Brackett Janis Group
Engel & Volkers By the Sea
Buyer's Agent
Melissa Dias Lopes
J. Barrett & Company
List Price
$3,900,000
Sold Price
$3,500,000
Premium/Discount to List
-$400,000
-10.26%
Views
352
Current Estimated Value
$4,358,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,390
Avg. Annual Appreciation
9.83%
Original Mortgage
$2,800,000
Outstanding Balance
$2,736,792
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,621,598

Purchase Details

Closed on
Aug 29, 2021
Sold by
Clark Elizabeth L
Bought by
Lamb Clark 1998 T E and Lamb Barnum

Purchase Details

Closed on
Jan 1, 1982
Bought by
Lamb-Clark Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gallagher Christopher M $3,500,000 None Available
Lamb Clark 1998 T E -- None Available
Lamb-Clark Elizabeth $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Christopher M $2,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2023 10/18/23 Sold $3,500,000 -10.3% $1,029 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $3,900,000 0.0% $1,147 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $3,900,000 -- $1,147 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $33,086 $3,403,900 $2,408,000 $995,900
2024 $31,868 $3,275,200 $2,294,000 $981,200
2023 $29,791 $2,813,100 $1,956,000 $857,100
2022 $28,771 $2,452,800 $1,702,000 $750,800
2021 $27,765 $2,231,900 $1,548,500 $683,400
2020 $27,815 $2,255,900 $1,548,500 $707,400
2019 $26,832 $2,114,400 $1,476,500 $637,900
2018 $26,230 $2,028,600 $1,440,500 $588,100
2017 $25,450 $1,929,500 $1,371,900 $557,600
2016 $24,619 $1,808,900 $1,312,200 $496,700
2015 $26,601 $1,948,800 $1,481,700 $467,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73123794

MLS Property Information Network (MLS PIN)

APN: GLOU-000137-000021

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