NOT LISTED FOR SALE

Estimated Value: $304,000 - $483,000

1 Bed
1 Bath
855 Sq Ft
$300/mo HOA Fee

Last Sold October 05, 2018

Last sale price $195,500 $229 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,598/month

11 Days on Market

Highlights

  • Intercom
  • Electric Baseboard Heater
  • Wall to Wall Carpet

About This Home

As of October 2018

GREAT LOCATION - GREAT PRICE This immaculate move in ready spacious one bedroom condo with 12 foot ceilings and in unit laundry is ideal for year round living or weekend getaways. The oversized windows of the former Hovey School let in lots of natural light. Some other features that make this unit special are plenty of storage, assigned parking for 1 steps from the unit, and lovely landscaped common outdoor spaces. Gloucester's beautiful beaches, great restaurants , shopping, commuter rail, museums, and waterfront are close by as well. The first Open House is Sunday, August 19th, from 1:30-3:00. Come see for yourself. All offers are to be in by 5:00 PM on Wednesday, August 22 nd.

Last Listed By

Paula Murphy

Coldwell Banker Realty - Manchester Listed on: 08/16/2018

Coldwell Banker Realty - Manchester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,744

Year Built

  • Built in 1900

Lot Details

  • Year Round Access

HOA Fees

  • $300 per month

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,744

Year Built

Built in 1900

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Restrictions: RV/Boat/Trailer
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 221.05
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 205
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet, Laminate
  • Interior Amenities: Cable Available, Intercom
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Dimension: 13X11, Ceiling - Cathedral, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Dimension: 5X9, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
  • No Rooms: 3
  • Kitchen: On Level: First Floor, Dimension: 15X7, Flooring - Vinyl
  • Living Room: On Level: First Floor, Dimension: 22X16, Ceiling - Cathedral, Flooring - Wall to Wall Carpet
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 855.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Brick
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Brick
  • Insulation Feature: Full
  • Exterior Unit Features: Patio, Garden Area

Garage/Parking

  • Parking Feature: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Heating: Electric Baseboard
  • Heat Zones: 4
  • Hot Water: Electric

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
  • HOA Fees: 300.38
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Garden Area
  • Condo Association: Yes
  • Association Security: Intercom

Association/Amenities

  • Condominium Name: Hovey School Condominium

Schools

  • Middle School: O'Maley
  • High School: Gloucester

Lot Info

  • Assessments: 167200.00
  • Page: 63
  • Zoning: R-5

Green Features

  • Energy Features: Storm Windows

Tax Info

  • Taxes: 2162.00
  • Assessor Parcel Number: 1894298

Multi Family

  • No Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
Oliver Alicia R and Oliver Michael D
Bought by
8 Summer St Unit 205 Rt
Total Days on Market
11
Current Estimated Value
$371,438

Purchase Details

Closed on
Aug 28, 2008
Sold by
Richards Constance M
Bought by
Byrne-Macmillan Laurel O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,525
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2000
Sold by
Mmc Rt and Rocha Marguerite C
Bought by
Richards Constance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,625
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
8 Summer St Unit 205 Rt -- None Available
Byrne-Macmillan Laurel O $159,500 --
Richards Constance M $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richards Constance M $151,525
Previous Owner Richards Constance M $50,000
Previous Owner Richards Constance M $15,000
Previous Owner Richards Constance M $92,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $195,500 +3.4% $229 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $189,000 -- $221 / 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 $2,744 $282,000 $0 $282,000
2024 $2,744 $282,000 $0 $282,000
2023 $2,629 $248,300 $0 $248,300
2022 $2,522 $215,000 $0 $215,000
2021 $2,400 $192,900 $0 $192,900
2020 $2,265 $183,700 $0 $183,700
2019 $2,293 $180,700 $0 $180,700
2018 $2,162 $167,200 $0 $167,200
2017 $2,040 $154,700 $0 $154,700
2016 $1,937 $142,300 $0 $142,300
2015 $1,900 $139,200 $0 $139,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72380061

MLS Property Information Network (MLS PIN)

APN: GLOU-000016-000078-000205