$162,500
SOLD MAY 11, 2012

8 Summer St Unit 207 Gloucester, MA 01930

Central Gloucester Neighborhood
2 Beds
1 Bath
1,180 Sq Ft
0.42 Acres

Recently Sold

$138 Per Sq Ft

2% Above List Price

30 Days on Market

About This Home

As of November 2020

Spacious and well maintained two bedroom end unit with 8ft tall windows on three sides that provide great light. This unit offers unique moldings and trim work as well as 12ft high ceilings and a private deck. Located on the first floor which provides easy access to parking and yard area, convenient location set close to train and amenities of downtown Gloucester. There is also off street parking and washer and dryer in the unit.

Last Agent to Sell the Property

Mark Ventimiglia

Vadala Real Estate Listed on: 04/11/2012

Last Buyer's Agent

Mark Ventimiglia

Vadala Real Estate Listed on: 04/11/2012

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,324

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: End
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Has Basement: No
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, Public School
  • Electric: Circuit Breakers
  • Energy: Prog. Thermostat
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Wall to Wall Carpet
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame, Brick, Stone/Concrete
  • Exterior: Brick
  • Exterior Unit Features: Deck - Wood, Garden Area

Garage/Parking

  • Parking: Off-Street, Assigned, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Heat Zones: 5
  • Hot Water: Electric

Condo/Co-op/Association

  • Condominium Name: Hovey School Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association Pool: No
  • Pets Allowed: No
  • No Units: 16
  • Unit Building: 207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 18, 2020
Sold by
Pallazola Anthony J
Bought by
Koper Sharon
Seller's Agent
Paula Murphy
Coldwell Banker Realty - Manchester
Buyer's Agent
Paula Murphy
Coldwell Banker Realty - Manchester
List Price
$449,000
Sold Price
$370,900
Premium/Discount to List
-$78,100
-17.39%
Current Estimated Value
$520,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,640
Avg. Annual Appreciation
6.47%
Original Mortgage
$352,355
Outstanding Balance
$317,808
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$179,791

Purchase Details

Closed on
Feb 19, 2016
Sold by
Pallazola Michael J and Pallazola Wendy A
Bought by
Pallazola Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jun 30, 2015
Sold by
Lockhart Joan
Bought by
Pallazola Michael J and Pallazola Wendy A
Seller's Agent
Beth Buckingham
J. Barrett & Company
Buyer's Agent
Ann Olivo
J. Barrett & Company
List Price
$339,900
Sold Price
$309,500
Premium/Discount to List
-$30,400
-8.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$247,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 24, 2004
Sold by
Tennis Paul L
Bought by
Sinnet T

Purchase Details

Closed on
Jul 11, 1986
Bought by
Lockhart Joan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Not Resolvable $370,900 None Available
Quit Claim Deed $309,500 --
Not Resolvable $309,500 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,355 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $247,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $370,900 -1.3% $314 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $375,900 -6.0% $319 / Sq Ft
10/01/2020 10/01/20 Price Changed $399,900 -5.9% $339 / Sq Ft
09/24/2020 09/24/20 Price Changed $424,900 -5.4% $360 / Sq Ft
09/16/2020 09/16/20 For Sale $449,000 +45.1% $381 / Sq Ft
06/30/2015 06/30/15 Sold $309,500 0.0% $262 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
04/13/2015 04/13/15 Off Market $309,500 -- --
04/08/2015 04/08/15 For Sale $339,900 +109.2% $288 / Sq Ft
05/11/2012 05/11/12 Sold $162,500 +1.6% $138 / Sq Ft
04/11/2012 04/11/12 For Sale $159,900 -- $136 / 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 $4,324 $444,400 $0 $444,400
2024 $4,324 $444,400 $0 $444,400
2023 $4,142 $391,100 $0 $391,100
2022 $3,969 $338,400 $0 $338,400
2021 $3,777 $303,600 $0 $303,600
2020 $3,565 $289,100 $0 $289,100
2019 $3,395 $267,500 $0 $267,500
2018 $3,199 $247,400 $0 $247,400
2017 $3,019 $228,900 $0 $228,900
2016 $2,266 $166,500 $0 $166,500
2015 $2,224 $162,900 $0 $162,900
Source: Public Records

Agents Affiliated with this Home

  • Paula Murphy

    Seller's Agent in 2020

    Paula Murphy

    Coldwell Banker Realty - Manchester

    (978) 559-1465

    5 in this area

    40 Total Sales

    Section Image

  • B

    Seller's Agent in 2015

    Beth Buckingham

    J. Barrett & Company

    (978) 621-3942

    14 Total Sales

    Section Image
  • Ann Olivo

    Buyer's Agent in 2015

    Ann Olivo

    J. Barrett & Company

    (508) 942-4323

    15 in this area

    85 Total Sales

    Section Image
  • Mark Ventimiglia

    Seller's Agent in 2012

    Mark Ventimiglia

    Vadala Real Estate

    (978) 281-1111

    29 in this area

    78 Total Sales

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71365109

MLS Property Information Network (MLS PIN)

APN: GLOU-000016-000078-000207

Massachusetts Essex County Gloucester 01930 Central Gloucester

8 Summer St Unit 207, Gloucester, MA

This home is located at 8 Summer St Unit 207, Gloucester, MA 01930 and is currently priced at $162,500, approximately $137 per square foot. This property was built in 1900. 8 Summer St Unit 207 is a home located in Essex County with nearby schools including Beeman Memorial, Ralph B O'maley Middle School, and Gloucester High School.

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes