$392,500
SOLD NOV 12, 2021
3 Beds
1 Bath
1,530 Sq Ft
$468/mo HOA Fee

Recently Sold

$257 Per Sq Ft

13% Below List Price

53 Days on Market

About This Home

As of November 2021

Spacious, quiet and 1 block to MBTA, downtown restaurants, galleries, shops and 3 blocks to PAVILION BEACH/Stacy Boulevard. Hovey School Condominium's offers Unit #101 with private entry, 3 large bedrooms and ample closet space, and 1 full bath. Beautifully landscaped, common front and back yards, this condo has original brick exposure and decorative features throughout, including newer galley kitchen, quartz counters, stainless appliances and flooring. Unit 101 has a separate private entry with parking directly in front. One level Living. A brick arch is a showcase to the dining and living areas. Master bedroom with large walk-in closet (could be converted to 2nd bath) and 2 additional bedrooms. Laundry off kitchen. Parking for 1. NO PETS! Condo Fee is $467.50 per month; professionally managed. Gloucester's finest beaches are within a few miles.

Last Agent to Sell the Property

Linda Clayton

RE/MAX Beacon Listed on: 07/08/2021

RE/MAX Beacon

Last Buyer's Agent

Ruth Pino

RE/MAX Beacon

RE/MAX Beacon

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,066

Year Built

  • 1897

HOA Fees

  • $468 per month

Utilities

  • 5 Heating Zones

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,066

Year Built

1897

Lot Details

0

HOA Fees

$468 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Directions: Washington Street to Orchard Street to Summer Street
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Mid-Rise
  • Year Built Details: Renovated Since
  • Special Features: None
  • Year Built: 1897

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Dryer, Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range
  • Entry Location: Unit Placement(Street)
  • Room Bedroom2 Level: First
  • Room Bedroom3 Level: First
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • MAIN LO: AN4305
  • LIST PRICE PER Sq Ft: 260.78
  • PRICE PER Sq Ft: 256.54
  • MAIN SO: AN4305
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Laminate, Engineered Hardwood
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric Baseboard
  • HEAT ZONES: 5
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: First Floor, In Unit
  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 101
  • MANAGEMENT: Professional - Off Site
  • Association Fee: 467.5
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, T-Station
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Schools

  • High School: Ghs
  • Middle Or Junior School: O'maley

Lot Info

  • PAGE: 271
  • Farm Land Area Units: Square Feet
  • Zoning: R

Multi Family

  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 3550
  • Tax Book Number: 11303
  • Tax Year: 2021

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 Type Sale Price Title Company
Condominium Deed $392,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,500 Purchase Money Mortgage
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: 72862741

MLS Property Information Network (MLS PIN)

APN: GLOU-000016-000078-000101