NOT LISTED FOR SALE

Estimated Value: $557,000 - $688,000

3 Beds
3 Baths
1,873 Sq Ft
$332/Sq Ft Est. Value

Last Sold October 17, 2013

Last sale price $245,000 $131 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,678/month

43 Days on Market

About This Home

As of October 2013

Location, location, location in East Gloucester! Working waterfront views and iconic city rooftop views. Classic East Gloucester location: 5-10 minute walk to Good Harbor Beach, Rocky Neck Art Colony, Niles Beach and downtown Gloucester. Well loved by previous owners for the friendly and fun East Gloucester lifestyle this property offers with a private yard and off street parking. Some will say property needs a total rehab (location worth it!). Others will say "give me the water views and salt air breeze on the deck in this fun neighborhood and I'm happy collecting the rent from the other unit"!

Last Agent to Sell the Property

Patty Knaggs

RE/MAX Beacon Listed on: 08/05/2013

RE/MAX Beacon

Last Buyer's Agent

Mary Lou McDonough

Barrett Sotheby's International Realty

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, City View(s), Scenic View(s)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1900

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Golf Course, Highway Access, House of Worship, Marina, Public School
  • Electric: Circuit Breakers
  • Flooring: Wood, Vinyl
  • Basement: Partial, Walk Out, Interior Access

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Deck
  • Foundation: Granite, Irregular

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Utility Connections: for Gas Oven, for Electric Dryer, Varies per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2013
Closed on
Oct 18, 2013
Sold by
Perkit Joyce L Est
Bought by
Mcdonough John T
Seller's Agent
Patty Knaggs
RE/MAX Beacon
Buyer's Agent
Mary Lou McDonough
Barrett Sotheby's International Realty
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Current Estimated Value
$621,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,755
Avg. Annual Appreciation
7.94%
Original Mortgage
$232,750
Outstanding Balance
$175,436
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$446,319

Purchase Details

Closed on
May 29, 2013
Sold by
Perkit Joyce and Chamberlain James P
Bought by
Perkit Joyce

Purchase Details

Closed on
Oct 27, 2005
Sold by
Moore Albert H and Moore Carol A
Bought by
Perkit Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mcdonough John T $245,000 --
Perkit Joyce -- --
Perkit Joyce $379,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkit Joyce $232,750
Previous Owner Perkit Joyce $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2013 10/17/13 Sold $245,000 -7.5% $131 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $265,000 -- $141 / 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 $5,038 $518,300 $172,200 $346,100
2024 $4,739 $487,000 $164,000 $323,000
2023 $5,021 $474,100 $146,500 $327,600
2022 $4,568 $389,400 $127,400 $262,000
2021 $4,415 $354,900 $115,800 $239,100
2020 $4,206 $341,100 $115,800 $225,300
2019 $3,961 $312,100 $115,800 $196,300
2018 $3,739 $289,200 $115,800 $173,400
2017 $3,581 $271,500 $110,300 $161,200
2016 $3,567 $262,100 $115,100 $147,000
2015 $3,515 $257,500 $115,100 $142,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71565071

MLS Property Information Network (MLS PIN)

APN: GLOU-000058-000036