NOT LISTED FOR SALE

8 Summer St Unit 310 Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $288,000 - $488,000

1 Bed
1 Bath
865 Sq Ft
1900 Built

Last Sold September 28, 2016

Last sale price $162,000 $187 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,244/month

5 Days on Market

About This Home

As of September 2016

This large one bedroom condo offers easy access to Gloucester Harbor, all of the shops and restaurants of downtown Gloucester, and the MBTA Commuter Rail. Inside there are 12ft ceilings, large oversized windows providing great natural light and floor plan that offers flexibility for a dining room, home office, guest room etc. The kitchen provides good cabinet and counter space, and a large walk-in pantry. The bedroom is spacious and has two closets. There is in unit laundry and more storage than the typical one bedroom condo and with a little updating this could truly be a spectacular unit.

Last Listed By

Mark Ventimiglia

Vadala Real Estate Listed on: 08/11/2016

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,596

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 2
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station
  • Electric: Circuit Breakers
  • Bathroom #1: First Floor
  • Kitchen: First Floor, 16X8
  • Laundry Room: First Floor
  • Living Room: First Floor, 16X11
  • Master Bedroom: First Floor, 16X11
  • Master Bedroom Description: Closet, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 12X11
  • No Living Levels: 1

Exterior Features

  • Roof: Slate
  • Exterior: Brick
  • Beach Ownership: Public

Garage/Parking

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

Utilities

  • Heating: Electric Baseboard
  • Heat Zones: 4
  • Hot Water: Electric
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Hovey School Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 15
  • Unit Building: 310

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R-5
  • Lot: 78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Sep 28, 2016
Sold by
Telles Mary A
Bought by
Clayton Kevin M and Clayton Grace M
Seller's Agent
Mark Ventimiglia
Vadala Real Estate
Buyer's Agent
Nancy Goodick
Advisors Living - Gloucester
List Price
$149,900
Sold Price
$162,000
Premium/Discount to List
$12,100
8.07%
Total Days on Market
5
Current Estimated Value
$364,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,090
Avg. Annual Appreciation
9.46%
Original Mortgage
$129,600
Outstanding Balance
$106,286
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$247,869

Purchase Details

Closed on
Dec 30, 1993
Sold by
Tarantino Rockw P and Tarantino Shirley
Bought by
Telles Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7%
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
Clayton Kevin M $162,000 --
Telles Mary Anne $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clayton Kevin M $129,600
Previous Owner Telles Mary Anne $145,000
Previous Owner Telles Mary Anne $30,000
Previous Owner Telles Mary Anne $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2016 09/28/16 Sold $162,000 +8.1% $187 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $149,900 -- $173 / 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 $2,596 $266,800 $0 $266,800
2024 $2,596 $266,800 $0 $266,800
2023 $2,488 $234,900 $0 $234,900
2022 $2,386 $203,400 $0 $203,400
2021 $2,270 $182,500 $0 $182,500
2020 $2,143 $173,800 $0 $173,800
2019 $2,041 $160,800 $0 $160,800
2018 $1,924 $148,800 $0 $148,800
2017 $1,938 $146,900 $0 $146,900
2016 $1,839 $135,100 $0 $135,100
2015 $1,803 $132,100 $0 $132,100
Source: Public Records

Agents Affiliated with this Home

  • Mark Ventimiglia

    Seller's Agent in 2016

    Mark Ventimiglia

    Vadala Real Estate

    (978) 281-1111

    30 in this area

    80 Total Sales

    Mark Ventimiglia
    Section Image

  • N

    Buyer's Agent in 2016

    Nancy Goodick

    Advisors Living - Gloucester

    (978) 985-6080

    4 in this area

    23 Total Sales

    Nancy Goodick
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72051796

MLS Property Information Network (MLS PIN)

APN: GLOU-000016-000078-000310

Massachusetts Essex County Gloucester 01930 Central Gloucester

8 Summer St Unit 310, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 8 Summer St Unit 310, Gloucester, MA 01930 since 11 August 2016 and is currently estimated at $364,090, approximately $420 per square foot. This property was built in 1900. 8 Summer St Unit 310 is a home located in Essex County with nearby schools including Beeman Memorial, Ralph B O'maley Middle School, and Gloucester High School.

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