NOT LISTED FOR SALE

7 Ledge Ln Gloucester, MA 01930

East Gloucester Neighborhood

Estimated Value: $936,000 - $1,336,000

3 Beds
3 Baths
2,027 Sq Ft
$557/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $450,000 $222 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $6,899/month

93 Days on Market

About This Home

As of November 2014

Perched on a hill overlooking Wonson Cove, this home has many updates & is filled with unique craftsman details! A short walk to Rocky Neck's art studios & great restaurants and only a 1/3 of a mile to scenic Niles Beach. Enjoy morning coffee or an outdoor dinner on your oversized open deck while viewing the lower yard with mature shrubs and trees and the tidal water across the street. This home boasts three floors of living space, 3 bedrooms and three baths- one on every level. Two of the baths could use some updating but are very functional with space to improve. The custom kitchen opens to the dining room, which along with the living room, faces the view of the cove. Both rooms have french door access to the spacious deck. The flexible floor plan can move the master to the third floor for privacy and under the eave fun with a sitting area behind the exposed chimney + dressing/office room. This eclectic home has wonderful character that captures the charm of living in East Gloucester

Last Agent to Sell the Property

Holly Fabyan

J. Barrett & Company Listed on: 07/22/2014

Last Buyer's Agent

Bob Mcd

Gibson Sotheby's International Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,988

Year Built

1766

Lot Details

0

Listing Details

  • Lot Description: Sloping, Scenic View(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1766

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Marina
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Storm Windows
  • Flooring: Wood, Tile, Laminate
  • Insulation: Partial, Cellulose - Sprayed
  • Interior Amenities: Cable Available, French Doors
  • Basement: Partial, Walk Out, Dirt Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Third Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Third Floor
  • Master Bedroom Description: Bathroom - 3/4, Closet - Linen, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Wood, Recessed Lighting, Remodeled
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Deck - Wood, Storage Shed
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2014
Closed on
Nov 14, 2014
Sold by
Tison Don and Giardi Diane M
Bought by
Abbott Karen D and Abbott Sean D
Seller's Agent
Holly Fabyan
J. Barrett & Company
Buyer's Agent
Bob Mcd
Gibson Sotheby's International Realty
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Current Estimated Value
$1,128,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,500
Avg. Annual Appreciation
9.01%
Original Mortgage
$360,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2011
Sold by
White T
Bought by
Tison Don and Giardi Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Abbott Karen D $450,000 --
Tison Don $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbott Sean D $95,000
Open Abbott Karen D $328,000
Closed Abbott Karen D $360,000
Previous Owner Tison Don $268,000
Previous Owner Tison Don $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $450,000 0.0% $222 / Sq Ft
10/23/2014 10/23/14 Pending -- -- --
10/02/2014 10/02/14 Off Market $450,000 -- --
08/31/2014 08/31/14 For Sale $499,000 +10.9% $246 / Sq Ft
08/27/2014 08/27/14 Off Market $450,000 -- --
08/07/2014 08/07/14 Price Changed $499,000 -3.9% $246 / Sq Ft
07/22/2014 07/22/14 For Sale $519,000 -- $256 / 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 $7,988 $821,000 $344,200 $476,800
2024 $7,988 $821,000 $344,200 $476,800
2023 $7,674 $724,600 $307,300 $417,300
2022 $7,432 $633,600 $267,200 $366,400
2021 $7,179 $577,100 $243,000 $334,100
2020 $6,958 $564,300 $229,100 $335,200
2019 $6,757 $532,500 $229,100 $303,400
2018 $6,597 $510,200 $229,100 $281,100
2017 $6,397 $485,000 $218,100 $266,900
2016 $5,899 $433,400 $206,900 $226,500
2015 -- $427,100 $206,900 $220,200
Source: Public Records

Agents Affiliated with this Home

  • Holly Fabyan

    Seller's Agent in 2014

    Holly Fabyan

    J. Barrett & Company

    (978) 526-1949

    1 in this area

    56 Total Sales

    Holly Fabyan
    Section Image
  • Bob Mcd

    Buyer's Agent in 2014

    Bob Mcd

    Gibson Sotheby's International Realty

    1 in this area

    3 Total Sales

    Bob Mcd
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71717531

MLS Property Information Network (MLS PIN)

APN: GLOU-000131-000011

Massachusetts Essex County Gloucester 01930 East Gloucester

7 Ledge Ln, Gloucester, MA

This home is located at 7 Ledge Ln, Gloucester, MA 01930 since 22 July 2014 and is currently estimated at $1,128,500, approximately $556 per square foot. This property was built in 1766. 7 Ledge Ln is a home located in Essex County with nearby schools including East Gloucester Elementary School, Ralph B O'maley Middle School, and Gloucester High School.

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