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5 Pirates Lane # B, Gloucester MA 01930

Gloucester, MA 01930
$460,000
Est. $3,116/month
1
Beds
1
Baths
787
Sq Ft
$584
Price/Sq Ft
1890
Year Built
35
Days on Market
Closed Listed Jul 8, 2025 • MLS# 73400767 Copied!

About this home

One of a kind! Enjoy views of Smith Cove and Gloucester Harbor from this waterfront condo. This one- bedroom unit is in move in condition, offering hardwood floors, granite kitchen counters, newer stainless appliances, updated bathroom and recently installed mini-split for cooling. In unit exposed stone and brick give a real unique character to the space. The open concept design maximizes the living area and could easily allow for an additional bedroom or separate office if needed. The unit features an exclusive use patio with quick, easy access to the parking area. Easy access to 128, Rocky Neck, Niles Beach and Downtown Gloucester. Carefree waterfront living. The perfect home or weekend getaway. Come and relax.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1890
Bedrooms
1
Full Bathrooms
1
Living Area
787 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $489,900
Final Sale Price: $460,000
Difference: $29,900 (-6.1%)
Performance Metrics
93.9%
List to Sale Ratio
Sold below asking price
35
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $622
Sale $/sq ft: $584
This property sold for $584 per square foot
Sale Summary

This property sold for 6.1% below the original asking price.

The property spent 35 days on market before selling.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$584/sq ft
Area Average
$492/sq ft
Difference
+18.7%

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 1890
Living Area 787 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Electric Baseboard, Ductless
Cooling Ductless
Flooring Wood, Tile, Flooring - Stone/ceramic Tile
Appliances Disposal, Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher, Range, Oven
Fireplace None
Basement N
Laundry Common Area, In Building
Features Lighting - Overhead, Home Office

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Covered Patio/deck
Pool None
Spa None
Fencing None
Patio/Porch Covered

Parking

Features Off Street, Unpaved
Total Spaces 2

Utilities

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

Financial

Annual Tax $3,963
Assessed Value $407,700

Interior Features

Flooring: Wood, Tile, Flooring - Stone/Ceramic Tile
Appliances: Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range, Oven
Interior Features: Lighting - Overhead, Home Office
Windows:
Basement: N
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1890
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard, Ductless
Heating Zones: 1
Cooling: Ductless
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Unpaved

Special Features

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

Location

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Neighborhood

5 Pirates Lane # B, 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 $330
Homeowners Insurance $200
HOA Fee $260/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

6.1%
Price Range
37
Total Days on Market

Property Timeline

Sold
Aug 22, 2025
$460,000
Property sold
Days on Market: 37
🏠
Listed for Sale
Jul 8, 2025
$489,900
Original listing
Agent: David Billard Office: Holly C & Co. Fine Homes

Price & Status History

Date Event Price Change
Jul 8, 2025 New Listing Added $489,900

Market Statistics

Days on Market
35 days
Price per Sq Ft
$584

Tax History

Year Taxes Assessment
2025 $3,963 $407,700

Financial Details

Annual Property Tax
$3,963
Tax Year 2025
HOA Fee
$260
Monthly
Assessed Value
$407,700

Listing Information

Listing Office Holly C & Co. Fine Homes
Agent MLS ID C8001620
Office MLS ID BB5769
Listing Data Updated Aug 22, 2025 5:28 PM 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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