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7 Lepage Ln # 7, Gloucester MA 01930

Gloucester, MA 01930
$351,000
Est. $2,607/month
2
Beds
1.5
Baths
1,070
Sq Ft
$328
Price/Sq Ft
2005
Year Built
15
Days on Market
Closed Listed Mar 20, 2024 • MLS# 73214278 Copied!

About this home

Rarely available modern loft style 2 bedroom 1.5 bath waterfront on Lower Banjo Pond! Open floor plan kitchen dining and livingroom with soaring ceilings for spacious feel with windows that let the light in during the day or for watching the sunset at the end of the day. Plenty of closet space and no more trips to laundromat as this unit has in-unit laundry hook ups in the half bath which is directly across from the 2nd bedroom; with the full bath off the master bedroom. One level living and first floor direct entrance make this feel more like home versus condo. All new carpet in hallway and bedroom; new lighting appliances and hot water heater. The complex is located less than a mile from Gloucster harborfront, beaches, restaurants, train station, route 128 and stage fort park. Low condo fee. Supplemental fee due through November 30, 2024. Vacant and priced to sell!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2005
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,070 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $299,900
Final Sale Price: $351,000
Difference: +$51,100 (+17.0%)
Performance Metrics
117.0%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $280
Sale $/sq ft: $328
This property sold for $328 per square foot
Sale Summary

This property sold for 17.0% above the original asking price, indicating strong buyer demand.

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2005
Living Area 1,070 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Wood Laminate
Appliances None
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,424
Assessed Value $351,900

Interior Features

Flooring: Tile, Carpet, Wood Laminate
Appliances:
Interior Features:
Windows:
Basement: N
Laundry:
Security:

Construction & Materials

Year Built: 2005
Structure Type: Loft
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Pond, Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Community Amenities:

Location

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Neighborhood

7 Lepage Ln # 7, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Nearby Schools

School District
Gloucester School District local
C-
🎓 Where Graduates Go Class of 2021
42% attend college
31% 4-Year 11% 2-Year 17% Out of State 14% Working
School Safety 2024-25
1.9% Average
1.9% Suspensions 0.5% In-School
3.6% below state avg
E

Elementary Schools

6 schools
Faith Christian School
1.4 mi
Grades PK-08
C-
West Parish School
1.1 mi | #683 of 824 | Score: 36.5
Dropped 245 spots from last year
-21.7 below state avg
382 students Less Diverse
Grades K-05
C-
Beeman Memorial School
1.8 mi | #701 of 824 | Score: 35.6
Dropped 172 spots from last year
-22.6 below state avg
292 students Diverse
Grades K-05
Gloucester PreSchool
2.1 mi
101 students Moderate
Grades PK
C
East Veterans Elementary School
2.1 mi | #651 of 824 | Score: 38.2
Dropped 58 spots from last year
-20 below state avg
451 students Diverse
Grades K-05
B+
Plum Cove School
4.4 mi | #322 of 824 | Score: 50.1
Improved 68 spots from last year
-8.1 below state avg
217 students Less Diverse
Rising School
Grades K-05
M

Middle Schools

1 school
C+
Ralph B O'Maley Middle School
1.4 mi | #238 of 352 | Score: 37.3
Improved 24 spots from last year
-20.9 below state avg
619 students Moderate
Rising School
Grades 06-08
H

High Schools

1 school
C+
Gloucester High School
0.8 mi | #212 of 346 | Score: 50.4
Improved 27 spots from last year
-7.8 below state avg
776 students Moderate
17 sports • 1,070 athletes
Rising School Career Tech Programs Strong Athletics
Grades 09-12
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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 $285
Homeowners Insurance $200
HOA Fee $347/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

14.6%
Price Range
17
Total Days on Market

Property Timeline

Sold
Apr 24, 2024
$351,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Mar 20, 2024
$299,900
Original listing
Agent: Maria Mainini Office: JDS Realty Group

Price & Status History

Date Event Price Change
Mar 20, 2024 New Listing Added $299,900

Market Statistics

Days on Market
15 days
Price per Sq Ft
$328

Tax History

Year Taxes Assessment
2024 $3,424 $351,900

Financial Details

Annual Property Tax
$3,424
Tax Year 2024
HOA Fee
$347
Per month
Assessed Value
$351,900

Listing Information

Listing Agent Maria Mainini
Listing Office JDS Realty Group
Agent MLS ID A8000165
Office MLS ID NB3369
Listing Data Updated Apr 24, 2024 11:43 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

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