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5 Babson Street # 2, Gloucester MA 01930

Gloucester, MA 01930
$1,055,000
Est. $6,612/month
2
Beds
2
Baths
1,710
Sq Ft
$617
Price/Sq Ft
1900
Year Built
8 hours 53 minutes
Time on Market
Active Listed Apr 21, 2026 • MLS# 73504488 Copied!

About this home

Perched atop Gloucester, this spacious condo once home to a ship captain boasts timeless charm. Oversized windows frame breathtaking panoramic views of the harbor, Ten Pound Island, and a cityscape that has inspired artists for generations. Step inside to a formal living room or study with marble fireplace providing the perfect work-from-home retreat, adjacent to the family room where natural light pours through and a spacious private deck awaits. The kitchen showcases stainless steel appliances, soapstone countertops, and a breakfast bar that opens into a formal dining area. The interior is complete with newly installed mini-splits, hardwood floors, and custom closets. Located in the heart of Gloucester's downtown area. Your search for the perfect balance of location, lifestyle, and lasting value ends here—where Gloucester's colorful past and bright future meet right outside your window.

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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

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, Ductless
Cooling Ductless
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room, Bedroom
Fireplaces 2
Basement Y
Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Wired For Sound, Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Shingle, Rubber

Parking

Features Off Street, Deeded
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,900
Assessed Value $848,600

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Wired for Sound, Internet Available - Broadband
Windows:
Basement: Y
Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 1996
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Oil, Ductless
Heating Zones: 2
Cooling: Ductless
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

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

Special Features

Fireplaces: 2
Fireplace Type: Living Room, Bedroom

Location

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Neighborhood

5 Babson Street # 2, 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

3 schools
C
East Veterans Elementary School
1.2 mi | #651 of 824 | Score: 38.2
Dropped 58 spots from last year
-20 below state avg
451 students Diverse
Grades K-05
Gloucester PreSchool
1.3 mi
101 students Moderate
Grades PK
Faith Christian School
1.5 mi
Grades PK-08
M

Middle Schools

1 school
C+
Ralph B O'Maley Middle School
1.2 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
0.3 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 $658
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

7.6%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Apr 21, 2026
$1,055,000
Original listing
Agent: Amanda Armstrong Group Office: Compass
Previous Transaction - MLS #73277776
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 30, 2024
$975,000
MLS #73277776

Price & Status History

Date Event Price Change
Apr 21, 2026 New Listing Added $1,055,000
Sep 30, 2024 Sold $975,000

Market Statistics

Time on Market
8 hours 53 minutes
Price per Sq Ft
$617

Tax History

Year Taxes Assessment
2026 $7,900 $848,600

Financial Details

Annual Property Tax
$7,900
Tax Year 2026
HOA Fee
$419
Monthly
Assessed Value
$848,600

Listing Information

Listing Agent Amanda Armstrong Group
Listing Office Compass
Agent MLS ID TM337166
Office MLS ID AN6818
Listing Data Updated Apr 20, 2026 8:02 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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