From its commanding site on a ridge 150 feet above sea level, the residence boasts expansive ocean views from every room and is walking distance to several beautiful beaches. This coastal retreat, on 12.8 acres, offers the opportunity to immerse oneself in both the vitality of seaside living and the boldness of Cape Ann's natural landscapes. The home features a bold contemporary design characterized by soaring glass and steel panels, curving roof lines and offers both functional and inviting areas for everyday living and large-scale entertaining. Whether relaxing in the outdoor spa with ocean views, or hiking or mountain biking miles of trails right off the property, or simply enjoying the sunrise or moonlight over the ocean, this coastal residence and property features the most stimulating aspects of life on Cape Ann.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 2001
Living Area: 5,258 SqFt
Listing Office:
Office Name: LandVest, Inc., Manchester -by-the-Sea
This property is $7.9M more than the Median Sold Price and $1.1K/SqFt more than other homes in Manchester, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73215558
Listing Office:
Office Name: LandVest, Inc., Manchester -by-the-Sea
Listing Agent: Lanse Robb
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 04, 2001
Apr 04, 2001Home Sold
$347,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$28,585
$2,601,000
2020
$29,131
$2,489,800
2019
$28,240
$2,514,700
2018
$25,455
$2,307,800
2017
$25,386
$2,307,800
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$44.9K
Per Month
Principal & Interest
$44.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$27K
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Manchester Memorial Elementary School
43 Lincoln St
Distance between this listing and this school1.23 miles
Public District Grades KG-5
6
/10
West Parish
10 Concord St
Distance between this listing and this school2.90 miles
Public District Grades KG-5
5
/10
Essex Elementary School
12 Story St
Distance between this listing and this school4.22 miles
Public District Grades KG-5
Nearby Schools
7
/10
Manchester Essex Regional Middle School
36 Lincoln St
Distance between this listing and this school1.29 miles
Public District Grades 6-8
4
/10
Ralph B O'Maley Middle School
32 Cherry St
Distance between this listing and this school4.72 miles
Public District Grades 6-8
9
/10
Miles River Middle School
787 Bay Rd
Distance between this listing and this school6.27 miles
Public District Grades 6-8
Nearby Schools
9
/10
Manchester Essex Regional High School
36 Lincoln St
Distance between this listing and this school1.29 miles
Public District Grades 9-12
3
/10
Gloucester High School
32 Leslie O Johnson Rd
Distance between this listing and this school3.88 miles
Public District Grades 9-12
8
/10
Hamilton Wenham Regional High School
775 Bay Rd
Distance between this listing and this school6.34 miles
The neighbors living near this home have an average income of $130,319. The most common annual income of people living in Manchester, MA is between $100k-200k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 370 Summer St
What is the listing price of this property?
The listing price of 370 Summer St property is $9,000,000.
What type of property is this?
The property 370 Summer St is a house located in Manchester, Massachusetts, 01944.
Is this property for sale now?
Active Listing: 370 Summer St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $28,585 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 4, 2001 for $347,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 370 Summer St has 5 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 370 Summer St is 5,258 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 370 Summer St is 2001.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 370 Summer St in Manchester, MA and zip code 01944. This 5,258 square foot home, which was built in 2001, sits on a 12.79 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $9,000,000.
Manchester, MA housing market in November 2024 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 1 sold below. Between October 2024 and November 2024, Manchester, MA real estate market has seen decrease in the number of listings by 14.8%. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $1,075,000.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
College Football
BJs Wholesale Club
Stein Mart
Express/Express For Men
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information