7 Ledge Ln Gloucester, MA 01930
East Gloucester NeighborhoodEstimated Value: $930,000 - $1,299,000
3
Beds
3
Baths
2,027
Sq Ft
$542/Sq Ft
Est. Value
About This Home
As of November 2014Perched 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
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%
Total Days on Market
93
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,004
Avg. Annual Appreciation
9.11%
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
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Similar Homes in Gloucester, MA
Home Values in the Area
Average Home Value in this Area
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
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
58 Total Sales
-
Bob Mcd
Buyer's Agent in 2014
Bob Mcd
Gibson Sotheby's International Realty
1 in this area
2 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71717531
APN: GLOU-000131-000011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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