NOT LISTED FOR SALE

Estimated Value: $684,000 - $891,000

4 Beds
2 Baths
2,056 Sq Ft
$375/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $675,000 $328 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,565/month

6 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Corner Lot
  • Deck
  • Wood Flooring
  • 3-minute walk to Benjamin Smith Playground at Cripple Cove

About This Home

As of September 2022

Fantastic East Gloucester location, close to Good Harbor Beach and Bass Rocks Golf Club. This two family home is ready for its new owners! Situated on a level corner lot. Off-street parking for both units, spacious enclosed yard and private decks. Both units have interior access to the full basement with storage space and workshop. The first unit offers two bedrooms, bathroom, living room, and spacious kitchen. The second unit spans two floors with two bedrooms, bathroom, living room, family room, kitchen, and dining room. The second unit family room could be used as a potential third bedroom with closet. Cherry Hardwood, Wide Pine and Birch floors. Each unit has separate utilities. Schedule your private showing today!

Last Agent to Sell the Property

Kathryn Early

Berkshire Hathaway HomeServices Verani Realty Methuen Listed on: 08/16/2022

Berkshire Hathaway HomeServices Verani Realty Methuen

Last Buyer's Agent

Heather Dagle

RE/MAX Beacon

RE/MAX Beacon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,610

Year Built

  • Built in 1900

Lot Details

  • 4,740 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,056 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Electric Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

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

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit

Schools

  • East Gloucester Elementary School
  • O'maley Middle School
  • GHS High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 200+ Amp Service
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Total Actual Rent $2,985
  • Rent includes unit 1(water)
  • Assessor Parcel Number M:0057 B:0043 L:0000,1896822

Community Details

Recreation

  • Golf Course Community
  • Park

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $35,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,610

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
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Carpet,Hardwood
  • Interior Amenities: Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Dishwasher,Microwave,Refrigerator), Tank Water Heaterless, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Living Area: 2056
  • Stories Total: 3
  • Window Features: Insulated Windows, Screens
  • MAIN LO: G61700
  • MAIN SO: C95243

Exterior Features

  • Exterior Features: Rain Gutters, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 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: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 200+ Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Highway Access
  • Rent Includes: Unit 1(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0057 B:0043 L:0000,1896822
  • Zoning: R-10
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Easements, Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4740
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5610

Multi Family

  • Net Operating Income: 35820
  • Number Of Units Total: 2
  • Total Actual Rent: 2985
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Ghs
  • Elementary School: East Gloucester
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2013
Closed on
May 22, 2013
Sold by
Serrin Joshua L and Serring Emily O
Bought by
Duggan Michael S
Seller's Agent
Ruth Pino
RE/MAX Beacon
Buyer's Agent
Kathryn Early
Berkshire Hathaway HomeServices Verani Realty Methuen
List Price
$428,000
Sold Price
$367,000
Premium/Discount to List
-$61,000
-14.25%
Current Estimated Value
$771,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,993
Avg. Annual Appreciation
6.06%
Original Mortgage
$282,590
Outstanding Balance
$199,975
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$572,018

Purchase Details

Closed on
May 30, 2002
Sold by
Blatchford Frederick and Clatchford Melissa
Bought by
Drost Richard F and Drost Jennifer L

Purchase Details

Closed on
Jun 14, 1994
Sold by
Bunce Robert L and Bunce Geraldine
Bought by
Blatchford Frederick and Blatchford Melissa
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
Duggan Michael S $367,000 --
Drost Richard F $285,000 --
Blatchford Frederick $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blatchford Frederick $282,590
Closed Blatchford Frederick $73,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2022 09/19/22 Sold $675,000 -3.4% $328 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $699,000 +90.5% $340 / Sq Ft
05/22/2013 05/22/13 Sold $367,000 -14.3% $164 / Sq Ft View Prior Sale
04/22/2013 04/22/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $428,000 -- $191 / 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 $6,388 $657,200 $196,900 $460,300
2024 $6,260 $643,400 $187,500 $455,900
2023 $6,017 $568,200 $167,500 $400,700
2022 $5,610 $478,300 $142,300 $336,000
2021 $5,424 $436,000 $129,400 $306,600
2020 $5,159 $418,400 $129,400 $289,000
2019 $4,836 $381,100 $129,400 $251,700
2018 $4,547 $351,700 $129,400 $222,300
2017 $4,350 $329,800 $123,200 $206,600
2016 $4,235 $311,200 $123,600 $187,600
2015 $4,167 $305,300 $123,600 $181,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73025885

MLS Property Information Network (MLS PIN)

APN: GLOU-000057-000043