NOT LISTED FOR SALE

Estimated Value: $433,000 - $484,363

2 Beds
1 Bath
1,335 Sq Ft
0.44 Acres

Last Sold March 22, 2024

Last sale price $425,000 $318 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,804/month

5 Days on Market

Highlights

  • Marina
  • No Units Above
  • Property is near public transit
  • Medical Services
  • 0.44 Acre Lot
  • Cathedral Ceiling

About This Home

As of March 2024

This striking and sophisticated penthouse unit is full of character at every turn, from exposed brick to beautiful molding work, to prominent architectural angles and impressive hardwood floors throughout. The distinctive experience of Unit 415 begins immediately as you step into the inviting entryway that leads you to the main living level consisting of an updated kitchen with granite countertops and stainless-steel appliances, a living room with cathedral ceilings and oversized windows that provide great natural light and views of Gloucester Harbor. This level also offers a formal dining room, guest bedroom, full bath, and an additional room perfect for a home office. The second level has a spacious main bedroom with a walk-in closet. There is also a well-designed laundry area and an off-street parking space. It's convenient and quiet setting provides easy access to downtown Gloucester as well as the MBTA Commuter Rail and Route 128. Offers, if any, due Tuesday 2/13 at 12pm.

Last Listed By

Mark Ventimiglia

Vadala Real Estate Listed on: 02/08/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,551

Year Built

  • Built in 1900

Lot Details

  • 0.44

Interior Spaces

  • 1,335 Sq Ft Home
  • 2-Story Property
  • Chair Railings
  • Cathedral Ceiling
  • Skylights
  • Home Office
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Utilities

  • No Cooling
  • Electric Baseboard Heater

Additional Features

  • No Units Above
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 1894299

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 16 Units
  • Hovey School Condominium Community

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,551

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Loft
  • Year Built: 1900
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Flooring - Hardwood
  • Interior Amenities: Office
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Wine Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom2 Area: 110
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Skylight, Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 150
  • Bathroom 1 Area: 40
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Hardwood, Chair Rail
  • Room Dining Room Level: First
  • Room Dining Room Area: 132
  • Room Kitchen Level: First
  • Room Kitchen Features: Skylight, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
  • Room Kitchen Area: 168
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 238
  • Room Living Room Features: Cathedral Ceiling(s), Flooring - Hardwood, Chair Rail
  • Room Office Level: First
  • Room Office Area: 60
  • Room Office Features: Skylight, Flooring - Hardwood
  • Basement: N
  • Living Area: 1335
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Skylight(s)
  • MAIN LO: C95600
  • LIST PRICE PER Sq Ft: 303.37
  • PRICE PER Sq Ft: 318.35
  • MAIN SO: AC2356

Exterior Features

  • Common Walls: No One Above
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Electric Baseboard
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 425
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Highway Access, Marina
  • Senior Community YN: No
  • UNIT BUILDING: 415

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 1894299
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.44
  • Lot Size Area: 0.44
  • Lot Size Sq Ft: 19338
  • Lot Size Units: Acres
  • PAGE: 420
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3551.45
  • Tax Book Number: 34727
  • Tax Lot: 78
  • Tax Map Number: 16

Multi Family

  • Number Of Units Total: 16
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 22, 2024
Sold by
Halverson Kristine P and Halverson Patrick D
Bought by
Shute Grier L
Seller's Agent
Mark Ventimiglia
Vadala Real Estate
Buyer's Agent
Sherry Venezia
Real Homes Realty
List Price
$405,000
Sold Price
$425,000
Premium/Discount to List
$20,000
4.94%
Total Days on Market
5
Views
94
Current Estimated Value
$450,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,091
Avg. Annual Appreciation
5.35%
Original Mortgage
$402,500
Outstanding Balance
$398,870
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$51,221

Purchase Details

Closed on
Feb 22, 2016
Sold by
Halverson Ft and Halverson
Bought by
Halverson Patrick D and Halverson Kristine P

Purchase Details

Closed on
Mar 11, 2014
Sold by
Halverson David C and Halverson Elaine M
Bought by
Halverson Ft and Halverson

Purchase Details

Closed on
Jul 1, 2011
Sold by
Obrien Christopher and Obrien Jill A
Bought by
Halverson David C and Halverson Elaine M

Purchase Details

Closed on
Apr 29, 2005
Sold by
Cook Clifford
Bought by
Obrien Christopher and Towne Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2002
Sold by
Clifford Barry S and Clifford Barry C
Bought by
Cook Clifford

Purchase Details

Closed on
Mar 31, 1992
Sold by
Douglass James F and Douglass Julie
Bought by
Clifford Barry C

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
Shute Grier L $425,000 None Available
Halverson Patrick D -- --
Halverson Ft -- --
Halverson David C $157,000 --
Obrien Christopher $256,000 --
Cook Clifford $225,000 --
Clifford Barry C $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shute Grier L $402,500
Closed Shute Grier L $15,000
Previous Owner Clifford Barry C $204,800
Previous Owner Clifford Barry C $38,400
Previous Owner Clifford Barry C $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $425,000 +4.9% $318 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $405,000 -- $303 / 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 $3,557 $365,600 $0 $365,600
2024 $3,557 $365,600 $0 $365,600
2023 $3,408 $321,800 $0 $321,800
2022 $3,470 $295,800 $0 $295,800
2021 $3,302 $265,400 $0 $265,400
2020 $3,116 $252,700 $0 $252,700
2019 $2,967 $233,800 $0 $233,800
2018 $2,797 $216,300 $0 $216,300
2017 $2,639 $200,100 $0 $200,100
2016 $2,503 $183,900 $0 $183,900
2015 $2,454 $179,800 $0 $179,800
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73200831

MLS Property Information Network (MLS PIN)

APN: GLOU-000016-000078-000415