NOT LISTED FOR SALE

Estimated Value: $4,539,000 - $7,100,000

6 Beds
3 Baths
3,482 Sq Ft
$1,767/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2017

Last sale price $3,000,000 $862 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $37,463 / mo

4 Days on Market

About This Home

As of September 2017

Sited on one of the most beautiful lots in Eastern Point, this home was one of the first summer “cottages”. Lovely and classic, it is replete with charming period details. The covered porch overlooks a beautifully landscaped yard and beyond to the serene and picturesque movement of boats on Gloucester's gorgeous harbor. Sunsets are nothing short of magnificent. The property line runs down the middle of a grass-topped granite pier where Eastern Point residents disembarked the Boston ferry at the beginning of the last century. Swimming off the attached float completes the summer experience. The 6+ bedrooms allow for an overflow of guests, and additionally there is an attic space that would make an incredible suite with unrivaled views. This home needs renovation, but should it be brought up to today's standards it would be an extraordinary world class residence. For the discerning buyer looking for a perfect setting, this is a truly unique and rare offering.

Last Agent to Sell the Property

Barbara Dugan

Engel & Volkers By the Sea Listed on: 07/18/2017

Engel & Volkers By the Sea

Last Buyer's Agent

Peter Lane

North Shore's Gold Coast Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • 0.89

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

0.89 Acres

Listing Details

  • Lot Description: Scenic View(s)
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Unknown/Mixed
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 10
  • Flooring: Hardwood
  • Basement: Partial
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bedroom 5: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor
  • No Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Oth2 Room Name: Bathroom
  • Oth3 Room Name: Bonus Room
  • Main Lo: C80011
  • Main So: C95247
  • Estimated Sq Ft: 3482.00

Exterior Features

  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch, Patio
  • Foundation: Granite
  • Waterfront: Ocean, Harbor, Dock/Mooring, Frontage, Access, Deep Water Access
  • Beach Ownership: Private

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 10

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water, Other (See Remarks)

Lot Info

  • Assessor Parcel Number: M:0136 B:0007 L:0000
  • Zoning: R1
  • Lot: 7
  • Acre: 0.89
  • Lot Size: 38980.00

Multi Family

  • Foundation: 29 x 61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2017
Closed on
Sep 15, 2017
Sold by
Eyre Robert and Eyre Katherine J
Bought by
Peters Charles and Peters Karen M
Seller's Agent
Barbara Dugan
Engel & Volkers By the Sea
Buyer's Agent
Peter Lane
North Shore's Gold Coast Realty
List Price
$3,100,000
Sold Price
$3,000,000
Premium/Discount to List
-$100,000
-3.23%
Current Estimated Value
$6,154,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,154,101
Avg. Annual Appreciation
8.72%
Original Mortgage
$2,000,000
Outstanding Balance
$1,647,328
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,506,773
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Peters Charles $3,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Charles $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $3,000,000 -3.2% $862 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $3,100,000 -- $890 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $60,718 $6,246,700 $3,573,100 $2,673,600
2024 $59,373 $6,102,100 $3,401,200 $2,700,900
2023 $47,159 $4,453,200 $2,903,900 $1,549,300
2022 $29,590 $2,522,600 $2,522,600 $0
2021 $35,443 $2,849,100 $2,299,700 $549,400
2020 $35,118 $2,848,200 $2,299,700 $548,500
2019 $34,113 $2,688,200 $2,192,700 $495,500
2018 $31,803 $2,459,600 $1,986,400 $473,200
2017 $30,851 $2,339,000 $1,890,500 $448,500
2016 $29,881 $2,195,500 $1,819,700 $375,800
2015 $29,008 $2,125,100 $1,778,400 $346,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72199621

MLS Property Information Network (MLS PIN)

APN: GLOU-000136-000007

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