NOT LISTED FOR SALE

Estimated Value: $3,128,000 - $3,818,000

8 Beds
3.5 Baths
4,898 Sq Ft
$713/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $3,480,000 $710 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $21,539/month

216 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Waterfront
  • Ocean View
  • Medical Services
  • 0.64 Acre Lot

About This Home

As of August 2024

Nestled in the heart of one of Gloucester's most sought-after neighborhoods, 7 Bass Rocks Rd is an iconic Cape Ann home offering panoramic views of the gorgeous rocky coast and endless ocean. This stately waterfront property exudes classic New England charm with its shingle-style exterior, enviable wrap-around porch, and warm interior that speaks to its continued heritage as one of Bass Rock’s premier beach homes and many wonderful days set upon the backdrop of the beautiful Atlantic Ocean.With unobstructed ocean views and with renowned Good Harbor Beach a very short distance, this home presents an idyllic coastal lifestyle. Stepping through the front door, you are greeted by a sense of comfortable luxury with rich hardwood floors and many original details including intricate moldings, and large windows that frame panoramic views of the sea. Each room tells a story of days well spent by the sea. This is a once-in-a-lifetime home that offers the best of life by the sea in Cape Ann.

Last Agent to Sell the Property

Nest / Syndi Zaiger Group

Compass Listed on: 11/28/2023

Compass

Co-Listed By

Syndi Zaiger

Compass

Last Buyer's Agent

Nest / Syndi Zaiger Group

Compass Listed on: 11/28/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,672

Year Built

  • Built in 1900

Lot Details

  • 0.64 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Landscaped Professionally
  • Gentle Sloping Lot
  • Property is zoned R-20

Property Views

  • Ocean
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,898 Sq Ft Home
  • 1 Fireplace
  • Partial Basement
  • Laundry on upper level

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary bedroom located on second floor

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Outdoor Storage
  • Porch

Location

  • Property is near public transit and schools

Schools

  • O'malley Middle School
  • Gloucester High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number M:0068 B:0014 L:0000,1897275

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Community Pool
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,672

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Internet Available - Unknown
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Gas Water Heater
  • Total Bedrooms: 8
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom5 Level: Second
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Room Master Bedroom Level: Second
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: Second
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: Second Floor
  • Room Living Room Level: First
  • Basement: Partial
  • Accessibility Features: No
  • Living Area: 4898
  • Spa YN: No
  • Window Features: Storm Window(s)
  • MAIN LO: AN2383
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Porch, Storage, Professional Landscaping
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Private Road
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, Ocean, Beach Access, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Driveway, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0068 B:0014 L:0000,1897275
  • Zoning: R-20
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.64
  • Lot Size Sq Ft: 27800
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 27672

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: Ocean

MLS Schools

  • High School: Gloucester High
  • Middle Or Junior School: O'malley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Nov 8, 2022
Sold by
Silberman Edward K and Silberman Barbara W
Bought by
Nadworny Matthew
Seller's Agent
Lanse Robb
LandVest, Inc., Manchester -by-the-Sea
Buyer's Agent
Nest / Syndi Zaiger Group
Compass
List Price
$4,100,000
Sold Price
$3,700,000
Premium/Discount to List
-$400,000
-9.76%
Current Estimated Value
$3,565,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$134,488
Avg. Annual Appreciation
-1.77%
Original Mortgage
$2,700,000
Outstanding Balance
$2,548,532
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$945,044
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nadworny Matthew $3,700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadworny Matthew $2,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Sold $3,480,000 -7.2% $710 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/03/2024 06/03/24 Price Changed $3,750,000 -6.1% $766 / Sq Ft
04/22/2024 04/22/24 Price Changed $3,995,000 -6.0% $816 / Sq Ft
11/28/2023 11/28/23 For Sale $4,250,000 +14.9% $868 / Sq Ft
11/09/2022 11/09/22 Sold $3,700,000 -5.1% $844 / Sq Ft View Prior Sale
08/01/2022 08/01/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $3,900,000 -4.9% $890 / Sq Ft
06/23/2022 06/23/22 For Sale $4,100,000 -- $935 / 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 $31,404 $3,230,900 $2,240,500 $990,400
2024 $30,397 $3,124,000 $2,133,600 $990,400
2023 $27,672 $2,613,000 $1,821,200 $791,800
2022 $26,750 $2,280,500 $1,584,500 $696,000
2021 $25,808 $2,074,600 $1,439,300 $635,300
2020 $25,810 $2,093,300 $1,439,300 $654,000
2019 $25,106 $1,978,400 $1,372,300 $606,100
2018 $24,731 $1,912,700 $1,338,800 $573,900
2017 $24,022 $1,821,200 $1,276,000 $545,200
2016 $23,458 $1,723,600 $1,219,500 $504,100
2015 $22,640 $1,658,600 $1,191,800 $466,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73183340

MLS Property Information Network (MLS PIN)

APN: GLOU-000068-000014