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Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions."
196 days on
138 South St
Rockport, MA 01966
6 Beds
4 Baths
3,730 ft2
$1,259,000 Estimate:
Estimated Payment:$4,728/mo

Moments from Rockport village with its vibrant arts and music scene, and close to Good Harbor Beach and downtown Gloucester, this wonderful Craftsman-style stucco and stone home commands a prime location on 5 acres in Rockports desirable South End

With the understated opulence of a fin-de-siecle summer cottage and the breezy charm of a grand country lodge, the property offers elegantly landscaped grounds and gardens abutting conservation land, all a short walk to Pebble and Cape Hedge beaches. The home itself is an irresistible combination of luxury and leisure: a great room features a popplestone fireplace, hardwood floors, with doors opening to an expansive covered veranda, while a dining room with intricately designed brick fireplace opens to a lovely bluestone terrace and tiled dining patio looking out on sweeping lawns, gardens and woodlands. A detached three-car garage offers a separate fully-equipped efficiency guest apartment that could easily double as a home office.

Property type
Single Family Home
Year built
8Off Street
Lot Size
236966 sqft
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My Home Features


Bedrooms: 6 | Room Types: Office | Basement: true, Partial, Walk Out


# of Full Bathrooms: 3
# of Half Bathrooms: 1


Features: Living Room - Fireplace, Closet(s), Hardwood Floors in Living Room, Living Room - Window(s) - Picture


Features: Porch, Patio, Balcony, Outdoor Shower, Stone Wall


Property Types: Single Family Home | Year Built: 1907 | Architecture: Tudor | Construction: Frame, Stone/Concrete | Siding: Wood, Stone, Stucco | Foundation: Fieldstone, Granite | Floors: Wood, Tile, Hardwood

Garage & Parking

Parking: Off Street, 8 | Garage: Detached


Lot size: 5.44 acres | Lot size: 236966 sqft | Lot Features: Wooded, Sloped | Zoning: R


County: Essex | Directions: Thatcher Road to South St, property on left. Sign on property. | MLS #: 72491657


Appliances: Range, Refrigerator, Washing Machine, Dryer

Heating & Cooling

Heating: Steam or Hot Water Heating, Oil | Fireplaces: 2

Utilities & Security

Sewer Service: Private Sewerage | Water Source: Public Supply


Elementary School: RES | Middle School: RMS | High School: RHS Estimated Value

We calculate the Estimate by analyzing sales for nearby similar properties. We use the best data sources, including MLS and county records to generate insights into the property value. You can even create your own estimate by selecting comparable sold listings.

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Price History

Source: County(Public) Records

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Listing provided by: Amanda Armstrong 

Listing courtesy of: Engel & Volkers By the Sea |  (978) 865-1168 

MLS Property Information Network

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Data provided by: MLS Property Information Network
Last detected update: October 04, 2019 08:14AM EST ~ Verified on November 09, 2019 07:03PM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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