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197 E. Main # 2, Gloucester MA 01930

Gloucester, MA 01930 • East Gloucester
$500,000
Est. $3,216/month
3
Beds
1
Baths
1,505
Sq Ft
$332
Price/Sq Ft
0.06
Acres
1900
Year Built
Condominium
Type
17
Days on Market
Active Price Drop -$50,000 Open House Listed Nov 18, 2025 • MLS# 73455976 Copied!

About this home

Iconic and storied East Gloucester location with two floors of amazing potential! Second/Third floor condo unit is a two-story apartment, with high ceilings, great light and lovely views of Smith Cove and Gloucester harbor. Large roof deck overlooking the water. The apartment consists of three bedrooms, one bathroom, large living room, dining room and kitchen with views. Kitchen and bathroom are in need of renovation. You are in the heart of East Gloucester with Smith Cove on your doorstep, North Shore Art Association around the corner. Rocky Neck, Niles Beach and Good Harbor minutes away.

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Living Area
1,505 sq ft
Total Rooms
6
Stories
2
Entry Level
2

Open House Schedule

06
Dec
Saturday, December 6
12:00 PM - 2:00 PM EST
07
Dec
Sunday, December 7
12:00 PM - 2:00 PM EST

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,505 sq ft
Lot Size 0.06 acres
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Baseboard, Oil
Cooling None
Flooring Wood, Tile, Vinyl, Carpet, Flooring - Wall To Wall Carpet, Flooring - Stone/ceramic Tile
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry In Unit, Electric Dryer Hookup
Features Closet, Lighting - Pendant, Den, Foyer, Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Shingle, Rubber
Features Deck - Roof, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Deck - Roof

Parking

Features None

Utilities

Electric 220 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer

Financial

Annual Tax $2,855
Assessed Value $734,200

Interior Features

Flooring: Wood, Tile, Vinyl, Carpet, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
Appliances: Range, Refrigerator
Interior Features: Closet, Lighting - Pendant, Den, Foyer, Internet Available - Broadband
Windows: Window(s) - Bay/Bow/Box
Basement: Y
Laundry: In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2025
Structure Type: Townhouse, Low-Rise
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Roof, Rain Gutters
Patio & Porch: Deck - Roof
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: None

Location

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Neighborhood

East Gloucester

197 E. Main # 2, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Schools

School information not available

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 $238
Homeowners Insurance $200
HOA Fee $250/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
Price Changes
9.1%
Price Range

Property Timeline

↓
Price Reduced
Dec 4, 2025
$500,000 $50,000 (-9.09%)
From $550,000 to $500,000 (-9.1%)
🏠
Listed for Sale
Nov 18, 2025
$550,000
Original listing
Agent: Andree Gillian Group Office: Engel & Volkers By the Sea

Price & Status History

Date Event Price Change
Dec 4, 2025 Price Changed $500,000 -$50,000
Nov 25, 2025 Sold $899,000 —
Nov 18, 2025 New Listing Added $550,000 —

Market Statistics

Days on Market
17 days
Price per Sq Ft
$332
Total Price Drop
-$50,000

Tax History

Year Taxes Assessment
2025 $2,855 $734,200

Financial Details

Annual Property Tax
$2,855
Tax Year 2025
HOA Fee
$250
Monthly
Assessed Value
$734,200

Listing Information

Listing Agent Andree Gillian Group
Listing Office Engel & Volkers By the Sea
Agent MLS ID TM356221
Office MLS ID AN5002
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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197 E. Main # 2, Gloucester MA 01930 - Photo 1 197 E. Main # 2, Gloucester MA 01930 - Photo 2 197 E. Main # 2, Gloucester MA 01930 - Photo 3 197 E. Main # 2, Gloucester MA 01930 - Photo 4 197 E. Main # 2, Gloucester MA 01930 - Photo 5 197 E. Main # 2, Gloucester MA 01930 - Photo 6 197 E. Main # 2, Gloucester MA 01930 - Photo 7 197 E. Main # 2, Gloucester MA 01930 - Photo 8 197 E. Main # 2, Gloucester MA 01930 - Photo 9 197 E. Main # 2, Gloucester MA 01930 - Photo 10 197 E. Main # 2, Gloucester MA 01930 - Photo 11 197 E. Main # 2, Gloucester MA 01930 - Photo 12 197 E. Main # 2, Gloucester MA 01930 - Photo 13 197 E. Main # 2, Gloucester MA 01930 - Photo 14 197 E. Main # 2, Gloucester MA 01930 - Photo 15 197 E. Main # 2, Gloucester MA 01930 - Photo 16 197 E. Main # 2, Gloucester MA 01930 - Photo 17 197 E. Main # 2, Gloucester MA 01930 - Photo 18 197 E. Main # 2, Gloucester MA 01930 - Photo 19 197 E. Main # 2, Gloucester MA 01930 - Photo 20 197 E. Main # 2, Gloucester MA 01930 - Photo 21 197 E. Main # 2, Gloucester MA 01930 - Photo 22

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