NOT LISTED FOR SALE

Estimated Value: $465,000 - $549,000

3 Beds
1 Bath
1,530 Sq Ft
1897 Built

Last Sold November 12, 2021

Last sale price $392,500 $257 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,060/month

Highlights

  • Marina
  • Property is near public transit
  • Jogging Path
  • Medical Services
  • Tennis Courts
  • Park

About This Home

As of February 2022

Available now through May. This charming furnished 2 bedroom condominium is located in the heart of Gloucester--convenient to the harbor, beaches, commuter rail, shops and restaurants! Formerly the Hovey Elementary School, some of the wonderful architectural details remain. The historic brick building is now a lovely complex of one and two bedroom apartments. Located on the ground floor, this unit has its own entrance on the side of the building. Enter into a foyer with a few steps down to open plan living/dining room. The bedrooms are spacious and comfortable all on a wing with a full bath. The kitchen and laundry are on the other wing. The condo is recently renovated and fully applianced with dishwasher and an in-unit washer/dryer. There is one dedicated parking space. Plenty of street parking. Water, trash and grounds keeping included in rent.

Last Agent to Rent the Property

Carole Sharoff

AVH Realty Listed on: 01/10/2022

Last Renter's Agent

Carole Sharoff

AVH Realty Listed on: 01/10/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,066

Year Built

  • Built in 1897

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property
  • Window Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Security Deposit $2,000
  • Rent includes water, sewer, trash collection, snow removal, gardener, laundry facilities
  • Short Term Lease
  • Assessor Parcel Number 1894306

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,066

Year Built

Built in 1897

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Lease Term: Term of Rental(5)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1897
  • Entry Level: 1
  • Year Round: Yes
  • CoOp Comp: 0
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Interior Amenities: Single Living Level
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom3 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Bathroom 1 Level: First
  • Room Dining Room Level: Second
  • Room Kitchen Level: First
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Accessibility Features: No
  • Living Area: 1530
  • Window Features: Screens
  • MAIN LO: C95214
  • LIST PRICE PER Sq Ft: 1.31
  • PRICE PER Sq Ft: 1.31
  • MAIN SO: C95214

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Electric
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Gardener, Laundry Facilities
  • UNIT BUILDING: 101

Lot Info

  • Parcel Number: 1894306
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Nov 12, 2021
Sold by
Mcmanus James R and Mcmanus Lisa F
Bought by
Lamb Johanna R
Seller's Agent
Linda Clayton
RE/MAX Beacon
Buyer's Agent
Ruth Pino
RE/MAX Beacon
List Price
$449,000
Sold Price
$392,500
Premium/Discount to List
-$56,500
-12.58%
Current Estimated Value
$513,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,615
Avg. Annual Appreciation
9.18%
Original Mortgage
$192,500
Outstanding Balance
$177,547
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$374,417
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
Lamb Johanna R $392,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Johanna R $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Rented $2,000 0.0% --
01/31/2022 01/31/22 Under Contract -- -- --
01/10/2022 01/10/22 For Rent $2,000 0.0% --
11/12/2021 11/12/21 Sold $392,500 -12.6% $257 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $449,000 -- $293 / 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 $4,066 $417,900 $0 $417,900
2024 $4,066 $417,900 $0 $417,900
2023 $3,894 $367,700 $0 $367,700
2022 $3,731 $318,100 $0 $318,100
2021 $3,550 $285,400 $0 $285,400
2020 $3,351 $271,800 $0 $271,800
2019 $3,190 $251,400 $0 $251,400
2018 $3,006 $232,500 $0 $232,500
2017 $2,631 $199,500 $0 $199,500
2016 $2,496 $183,400 $0 $183,400
2015 $2,447 $179,300 $0 $179,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72932628

MLS Property Information Network (MLS PIN)

APN: GLOU-000016-000078-000101