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16 Cleveland Place # 5, Gloucester MA 01930

Gloucester, MA 01930
$290,000
Est. $2,178/month
2
Beds
1
Baths
677
Sq Ft
$428
Price/Sq Ft
1985
Year Built
40
Days on Market
Closed Listed Nov 7, 2024 • MLS# 73310541 Copied!

About this home

Why rent when you can own? Welcome to this recently updated first-floor condo with one space deeded parking right outside your door, perfectly nestled between the vibrant heart of downtown Gloucester. This 2-bedroom, 1-bath unit has been freshly painted, granite countertops and is move-in ready, offering a bright and inviting space and is Pet Friendly. Enjoy the added convenience of an in-unit washer and dryer. Bonus....this unit has a mini split for air conditioning. Nestled at the end of a dead-end street, this home offers easy access to Route 128 for a stress-free commute, while being just steps away from Gloucester’s best shops, restaurants, and waterfront attractions.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
1
Living Area
677 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $295,000
Final Sale Price: $290,000
Difference: $5,000 (-1.7%)
Performance Metrics
98.3%
List to Sale Ratio
Sold below asking price
40
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $436
Sale $/sq ft: $428
This property sold for $428 per square foot
Sale Summary

This property sold for 1.7% below the original asking price.

The property spent 40 days on market before selling.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$428/sq ft
Area Average
$267/sq ft
Difference
+60.3%

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 1985
Living Area 677 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Electric
Cooling Ductless
Flooring Tile, Carpet, Bamboo
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Unit
Features None

Exterior

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

Parking

Features Deeded
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,300
Assessed Value $236,400

Interior Features

Flooring: Tile, Carpet, Bamboo
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1985
Structure Type: Low-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Cooling: Ductless
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: 1
Parking Features: Deeded

Location

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Neighborhood

16 Cleveland Place # 5, 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 $192
Homeowners Insurance $200
HOA Fee $320/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

1.7%
Price Range
42
Total Days on Market

Property Timeline

Sold
Jan 10, 2025
$290,000
Property sold
Days on Market: 42
🏠
Listed for Sale
Nov 7, 2024
$295,000
Original listing
Agent: Ron Goulart & Jennifer Anderson Office: RE/MAX Beacon

Price & Status History

Date Event Price Change
Nov 7, 2024 New Listing Added $295,000

Market Statistics

Days on Market
40 days
Price per Sq Ft
$428

Tax History

Year Taxes Assessment
2024 $2,300 $236,400

Financial Details

Annual Property Tax
$2,300
Tax Year 2024
HOA Fee
$320
Monthly
Assessed Value
$236,400

Listing Information

Listing Agent Ron Goulart & Jennifer Anderson
Listing Office RE/MAX Beacon
Agent MLS ID TEAM0019
Office MLS ID AN8509
Listing Data Updated Jan 13, 2025 9:46 AM EST
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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