8 Summer St Unit 207 Gloucester, MA 01930
Central Gloucester Neighborhood
2
Beds
1
Bath
1,180
Sq Ft
1900
Built
About This Home
As of November 2020Stunning, complete renovation of this luxury garden style condo located in the desirable Hovey School Condominium Complex. End unit featuring 12 foot ceilings with beautiful natural light streaming through the 8 foot windows. Updated kitchen with new cabinets, granite countertops, stainless steel appliances and breakfast bar looks out onto nicely landscaped enclosed garden. Living room with direct access to the exterior, formal dining room with chair rail and two spacious bedrooms with ample closet space. Laundry located in the unit and updated bath with granite countertop and tile floor. Exceptionally appointed with hardwood floors throughout, new interior doors, trim and moldings. Deck with deeded parking space directly below. Great location within walking distance to downtown shops and restaurants, commuter rail and waterfront. Move right in and enjoy the lifestyle!
Property Details
Home Type
Condominium
Est. Annual Taxes
$4,324
Year Built
1900
Lot Details
0
Listing Details
- Unit Level: 1
- Unit Placement: End
- Other Agent: 2.50
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1900
Interior Features
- Appliances: Range, Dishwasher, Microwave, Refrigerator
- Has Basement: No
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping, Park, Highway Access, Public School
- Electric: Circuit Breakers
- Flooring: Tile, Hardwood
- Interior Amenities: Cable Available
- Bedroom 2: First Floor, 17X11
- Bathroom #1: First Floor
- Kitchen: First Floor, 16X7
- Laundry Room: First Floor
- Living Room: First Floor, 16X14
- Master Bedroom: First Floor, 15X11
- Master Bedroom Description: Ceiling Fan(s), Closet, Flooring - Hardwood
- Dining Room: First Floor, 13X11
Exterior Features
- Roof: Slate
- Construction: Frame, Brick
- Exterior: Brick
- Exterior Unit Features: Deck
Garage/Parking
- Parking: Off-Street, Deeded
- Parking Spaces: 1
Utilities
- Cooling: None
- Heating: Electric Baseboard
- Heat Zones: 5
- Hot Water: Electric
- Utility Connections: for Electric Range, for Electric Dryer
Condo/Co-op/Association
- Condominium Name: Hovey School Condominium
- Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Refuse Removal
- Association Pool: No
- Association Security: Intercom
- Management: Professional - Off Site
- No Units: 16
- Unit Building: 207
Schools
- High School: Gloucester High
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
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
7.02%
Original Mortgage
$352,355
Outstanding Balance
$314,973
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$197,609
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
5.08%
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
Similar Homes in Gloucester, MA
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
Average Home Value in this Area
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
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
-
Beth Buckingham
B
Seller's Agent in 2015
Beth Buckingham
J. Barrett & Company
(978) 621-3942
14 Total Sales
-
Ann Olivo
Buyer's Agent in 2015
Ann Olivo
J. Barrett & Company
(508) 942-4323
15 in this area
85 Total Sales
-
Mark Ventimiglia
Seller's Agent in 2012
Mark Ventimiglia
Vadala Real Estate
(978) 281-1111
28 in this area
76 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71813096
APN: GLOU-000016-000078-000207
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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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