5 Pirates Lane # B, Gloucester MA 01930

Gloucester, MA 01930

$460,000

Beds

Baths

787

Sq Ft

$584

Price/Sq Ft

1890

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Jul 8, 2025 • MLS# 73400767 Copied! • Updated Aug 22, 2025

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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

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 3 similar properties sold within 0.5 miles in the last 90 days

This Property

$584/sq ft

Area Median

$822/sq ft

Difference

29.0%

This property sold below the area median, potentially representing good value for the buyer.

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.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

38.8%

Price Range

Total Days on Market

Previous Sales

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

Previous Transaction - MLS #72157178

Full transaction history available when tracking began

🏷️

Previously Sold

Jun 12, 2017

$299,900

MLS #72157178

View Listing →

Date	Event	Price	Change	$/sqft	Details
08/22/2025	✓ Sold	$460,000	-	-	Property sold
07/08/2025	🏠 Listed for Sale	$489,900	-	-	Original listing
06/12/2017	🏷️ Previously Sold	$299,900	-	-	MLS #72157178

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

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

HOA & Community

HOA Fee $260 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Amenities Laundry

Optional Fee Includes None

Owner-Occupied Units 13

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing Contract

Structure Type ["Garden"]

Unit/Building B

Sq Ft Source Public Record

Documents Master Deed, Unit Deed, Floor Plans (3)

County Essex

Total market time (incl. prior listings) 37 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1890

Bedrooms

Full Bathrooms

Living Area

787 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

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:

Nearby Schools

School information not available for this location.

Location

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Neighborhood

5 Pirates Lane # B, Gloucester MA 01930

Gloucester, MA 01930

Listing Information

Listing Office Holly C & Co. Fine Homes

Office Phone 978-281-4995

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.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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