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5 Babson St # 2, Gloucester MA 01930

Gloucester, MA 01930
$975,000
Est. $6,044/month
2
Beds
2
Baths
1,710
Sq Ft
$570
Price/Sq Ft
1900
Year Built
15
Days on Market
Closed Listed Aug 14, 2024 • MLS# 73277776 Copied!

About this home

Coastal Gloucester meets Back Bay charm in this old ship captain’s house with original mahogany entryway. Sitting atop the city of Gloucester, minutes from Main St. and the Boulevard, this 2 bed, 2 bath condo boasts a perfect blend of comfort and elegance. Enter to find a spacious living room flooded with natural light, while the adjoining study with marble fireplace provides a cozy retreat perfect for working from home. The modern kitchen is bright and airy with large windows, stainless steel appliances and a soapstone countertop breakfast bar that seamlessly flows into a formal dining space. Two generously sized bedrooms and two full baths, one en-suite. Finally,head out onto your private deck and entertain your guests while soaking in the picturesque water views and 4th of July fireworks. With hardwood floors, custom built-ins, in-unit laundry, and views of Gloucester harbor from each room, no detail has been overlooked. 2 parking spaces and extra basement storage.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
1,710 sq ft
Total Rooms
6
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $995,000
Final Sale Price: $975,000
Difference: $20,000 (-2.0%)
Performance Metrics
98.0%
List to Sale Ratio
Sold below asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $582
Sale $/sq ft: $570
This property sold for $570 per square foot
Sale Summary

This property sold for 2.0% below the original asking price.

With only 15 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$570/sq ft
Area Average
$96/sq ft
Difference
+493.2%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,710 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 6

Interior

Heating Baseboard, Oil
Cooling None
Flooring Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Fireplaces 2
Basement Y
Laundry In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features Deck, Hot Tub/spa
Pool None
Spa Hot Tub/spa
Fencing None
Patio/Porch Deck

Parking

Features Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,935
Assessed Value $610,000

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1900
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Hot Tub/Spa
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street

Special Features

Fireplaces: 2
Fireplace Type:
Spa/Hot Tub: Yes
Spa Features: Hot Tub/Spa
Community Amenities:

Location

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Neighborhood

5 Babson St # 2, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $495
Homeowners Insurance $200
HOA Fee $419/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

2%
Price Range
16
Total Days on Market

Property Timeline

Sold
Sep 30, 2024
$975,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Aug 14, 2024
$995,000
Original listing
Agent: Windrift RE Group Office: Compass

Price & Status History

Date Event Price Change
Aug 14, 2024 New Listing Added $995,000

Market Statistics

Days on Market
15 days
Price per Sq Ft
$570

Tax History

Year Taxes Assessment
2024 $5,935 $610,000

Financial Details

Annual Property Tax
$5,935
Tax Year 2024
HOA Fee
$419
Monthly
Assessed Value
$610,000

Listing Information

Listing Office Compass
Agent MLS ID TM352283
Office MLS ID AN2383
Listing Data Updated Sep 30, 2024 10:11 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Gloucester, MA

Real-time market trends and pricing data for this area

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