$790,000
SOLD MAY 29, 2025
4 Beds
3 Baths
2,587 Sq Ft
6,965 Sq Ft Lot

Recently Sold

$305 Per Sq Ft

13 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Walking Distance to Water
  • 1 Fireplace
  • Home Office
  • 4-minute walk to Benjamin Smith Playground at Cripple Cove

About This Home

As of May 2025

Discover this enchanting Two-Family home, perfectly tucked away on a picturesque side street in East Gloucester. Offering generously sized rooms, this residence sits just under half a mile from the golden sands of Good Harbor Beach. Enjoy proximity to the Cripple Cove Playground and the prestigious Bass Rocks Golf Club. Ideal for both first-time homebuyers and savvy investors, the property allows you to reside on the second floor while benefiting from rental income on the first. With a single heating system and separate electrical, simplicity meets functionality. Revel in the uncommon luxury of a detached two-car garage. Embrace the coastal charm and seize this rare opportunity to own a piece of paradise in a coveted neighborhood, mere minutes from the beach!

Last Agent to Sell the Property

Fintan Madden

RE/MAX Beacon Listed on: 04/01/2025

RE/MAX Beacon

Last Buyer's Agent

Karine Laidley

Chinatti Realty Group, Inc.

Chinatti Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,171

Year Built

  • Built in 1900

Lot Details

  • 6,965 Sq Ft Lot
  • Gentle Sloping Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,587 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Walking Distance to Water
  • Enclosed Patio or Porch

Schools

  • East Vets Elementary School
  • 0'Maley Middle School
  • GHS High School

Utilities

  • Central Heating
  • 2 Heating Zones
  • 100 Amp Service

Community Details

  • 2 Units
  • Net Operating Income $32,400

Listing and Financial Details

  • Total Actual Rent $2,700
  • Rent includes unit 1(heat), unit 2(heat)
  • Tax Block 0031
  • Assessor Parcel Number 1896719

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,171

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Living Room, Dining Room, Kitchen, Laundry Room, Sunroom, Office/Den
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 2587
  • Living Area: 2587
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN8171
  • MAIN SO: AN7396

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Beach Access, Harbor, Ocean, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Central
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Electric

Condo/Co-op/Association

  • Rent Includes: Unit 1(Heat), Unit 2(Heat)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1896719
  • Zoning: R-10
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6965
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6171
  • Tax Block: 0031
  • Tax Lot: 0000

Multi Family

  • Net Operating Income: 32400
  • Number Of Units Total: 2
  • Total Actual Rent: 2700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

MLS Schools

  • High School: Ghs
  • Elementary School: East Vets
  • Middle Or Junior School: 0'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
May 29, 2025
Sold by
1 Brightside Avenue Llc
Bought by
Vargas Charles D
Seller's Agent
Fintan Madden
RE/MAX Beacon
Buyer's Agent
Karine Laidley
Chinatti Realty Group, Inc.
List Price
$788,800
Sold Price
$790,000
Premium/Discount to List
$1,200
0.15%
Views
35
Current Estimated Value
$789,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$931
Avg. Annual Appreciation
-0.16%
Original Mortgage
$816,070
Outstanding Balance
$812,572
Interest Rate
6.83%
Mortgage Type
VA
Estimated Equity
-$23,503

Purchase Details

Closed on
Mar 1, 2021
Sold by
Gulla Janine G and Gulla Robert S
Bought by
1 Brightside Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2021
Sold by
1 Brightside Avenue Llc
Bought by
Gulla Janine G and Gulla Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2016
Sold by
1 Brightside Avenue Ll
Bought by
Gulla Robert S and Gulla Janine G

Purchase Details

Closed on
Apr 6, 2016
Sold by
Gulla Robert S and Gulla Janine G
Bought by
1 Brightside Avenue Ll

Purchase Details

Closed on
Nov 1, 2005
Sold by
Carrigan Dev Llc
Bought by
Gulla Robert S and Gulla Janine G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $790,000 None Available
Quit Claim Deed $790,000 None Available
Quit Claim Deed $790,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $350,000 --
Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $816,070 VA
Closed $816,070 VA
Previous Owner $385,000 New Conventional
Previous Owner $356,000 No Value Available
Previous Owner $355,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $790,000 +0.2% $305 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $788,800 0.0% $305 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $788,800 -- $305 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,303 $648,500 $217,700 $430,800
2024 $6,171 $634,200 $207,300 $426,900
2023 $6,338 $598,500 $185,100 $413,400
2022 $5,946 $506,900 $157,300 $349,600
2021 $5,767 $463,600 $143,000 $320,600
2020 $5,503 $446,300 $143,000 $303,300
2019 $5,198 $409,600 $143,000 $266,600
2018 $4,921 $380,600 $143,000 $237,600
2017 $4,727 $358,400 $136,300 $222,100
2016 $4,603 $338,200 $136,700 $201,500
2015 $4,537 $332,400 $136,700 $195,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73352575

MLS Property Information Network (MLS PIN)

APN: GLOU-000055-000031

Your Personal Tour Guide

Ask me questions while you tour the home.