NOT LISTED FOR SALE

10 Friend St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $759,000 - $895,008

6 Beds
4 Baths
2,884 Sq Ft
$279/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $692,000 $240 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,797/month

5 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • City View
  • Property is near public transit and schools
  • Community Pool

About This Home

As of July 2022

Spacious 2 family, with 3 family potential, Italianate style home in the heart of Gloucester. This is the perfect opportunity as an investment property or owner-occupied. Unit 1 has 3 generous sized bedrooms and 2.5 baths, high ceilings, and a spiral staircase leading to studio bedroom/entertainment room. The kitchen and dining room lead into a large living room. Washer and dryer hookup on1st floor. Enjoy views of Gloucester's inner harbor and beyond from unit 2 with a tiled kitchen and separate dining room. Hardwood floors throughout. Separate laundry hook ups in basement. Each unit has separate electric and separate Weil McClain gas boilers, 2 new water heaters. Seller believes there’s hardwood floors under some carpets in unit 1. Outdoors offers a large patio and plenty of off-street parking. Convenient to Rt 128, downtown, Gloucester's Boulevard,MBTA, restaurants & shopping. Buyers/Agent do own due diligence. OPEN HOUSE SATURDAY May 7, 11:00-1:30 By appointment only!

Last Agent to Sell the Property

Stephen Cooney

Aluxety Listed on: 05/05/2022

Aluxety

Last Buyer's Agent

Atlee Alman

Vadala Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,151

Year Built

  • Built in 1900

Lot Details

  • 5,600 Sq Ft Lot
  • Irregular Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,884 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Insulated Doors
  • City Views
  • Storm Doors

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Bulkhead
  • Balcony
  • Deck

Location

  • Property is near public transit and schools

Schools

  • Veteran's Elementary School
  • O'maley Middle School
  • Gloucester High School

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,400
  • Rent includes unit 2(water)
  • Assessor Parcel Number M:0012 B:0026 L:0000,1893871
  • Tax Block 26

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,151

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile,Vinyl,Carpet,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Storage,Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Full, Interior Entry, Bulkhead, Dirt Floor, Unfinished
  • Living Area: 2884
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: AC2344
  • MAIN SO: C95600

Exterior Features

  • Exterior Features: Balcony, Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Irregular
  • Patio And Porch Features: Deck, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Beach Access, Walk to, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC)
  • Heating: Unit 1(Electric Baseboard,Hot Water Radiators,Gas), Unit 2(Electric Baseboard,Hot Water Radiators,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Rent Includes: Unit 2(Water)

Lot Info

  • Parcel Number: M:0012 B:0026 L:0000,1893871
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5600
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6151
  • Tax Block: 26

Multi Family

  • Net Operating Income: 16800
  • Number Of Units Total: 2
  • Total Actual Rent: 1400
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Gloucester
  • Elementary School: Veteran's
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 27, 2022
Sold by
Friend Street Ft and Dewolfe
Bought by
Heald James
Seller's Agent
Stephen Cooney
Aluxety
Buyer's Agent
Atlee Alman
Vadala Real Estate
List Price
$684,900
Sold Price
$692,000
Premium/Discount to List
$7,100
1.04%
Current Estimated Value
$803,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,502
Avg. Annual Appreciation
4.43%
Original Mortgage
$777,400
Outstanding Balance
$731,806
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$71,696
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Heald James $692,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heald James $777,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2022 07/27/22 Sold $692,000 +1.0% $240 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $684,900 -- $237 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $7,204 $741,200 $141,900 $599,300
2024 $6,371 $654,800 $135,200 $519,600
2023 $6,523 $616,000 $120,700 $495,300
2022 $6,102 $520,200 $105,000 $415,200
2021 $5,899 $474,200 $95,400 $378,800
2020 $5,577 $452,300 $95,400 $356,900
2019 $5,155 $406,200 $95,400 $310,800
2018 $4,780 $369,700 $95,400 $274,300
2017 $4,496 $340,900 $86,000 $254,900
2016 $4,268 $313,600 $85,900 $227,700
2015 $4,371 $320,200 $85,900 $234,300
Source: Public Records

Agents Affiliated with this Home

  • Stephen Cooney

    Seller's Agent in 2022

    Stephen Cooney

    Aluxety

    (978) 879-8583

    2 in this area

    3 Total Sales

    Stephen Cooney
    Section Image

  • A

    Buyer's Agent in 2022

    Atlee Alman

    Vadala Real Estate

    (978) 807-8096

    7 in this area

    28 Total Sales

    Atlee Alman
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72976895

MLS Property Information Network (MLS PIN)

APN: GLOU-000012-000026

Massachusetts Essex County Gloucester 01930 Central Gloucester

10 Friend St, Gloucester, MA

Not Listed for Sale

MultiFamily

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