NOT LISTED FOR SALE

Estimated Value: $458,000 - $520,000

2 Beds
2 Baths
1,392 Sq Ft
$355/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $331,000 $238 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,929/month

10 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 4-minute walk to Gloucester

About This Home

As of December 2020

Investors? Owner occupants? Welcome to Gloucester’s affordable in-town living which is a short distance to the train station and Rt. 128. A short distance to downtown, restaurants, and more! This unique home was adapted to a 2-family home with 2 one-bedroom units and has the potential as an investment, an owner occupant or a conversion back to a single-family home. You’ll love the new roof, the updated heat system and all the possibilities it offers. Easy to show. Also listed as a Single-Family Home.

Last Agent to Sell the Property

Daniel Meegan

J. Barrett & Company Listed on: 11/09/2020

Last Buyer's Agent

Joseph Mallon

Mallon Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,687

Year Built

  • Built in 1900

Lot Details

  • 4,356

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0017 B:0074 L:0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,687

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 233.48
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Vinyl, Wall to Wall Carpet, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 2
  • Total Brs: 2
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 6
  • Basement: Y
  • Basement Features: Full
  • Main Lo: C95243
  • Main So: BB5950
  • Estimated Sq Ft: 1392.00

Exterior Features

  • Beach Ownership: Private, Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station

Lot Info

  • Assessments: 257500.00
  • Acre: 0.10
  • Lot Size: 4356.00
  • Page: 236
  • Parcel Number: M:0017 B:0074 L:0000
  • Zoning: R-5
  • Lot Description: Paved Drive, Sloping

Multi Family

  • Heat Units: 1
  • Total Levels: 3
  • Total Rms: 6
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3175.00
  • Assessor Parcel Number: 1894386
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Dec 29, 2020
Sold by
Favazza James J and Favazza-Warner Josephine
Bought by
Donnelly Amy E and Donnelly Martin J
Seller's Agent
Daniel Meegan
J. Barrett & Company
Buyer's Agent
Joseph Mallon
Mallon Real Estate
List Price
$325,000
Sold Price
$331,000
Premium/Discount to List
$6,000
1.85%
Current Estimated Value
$494,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,554
Avg. Annual Appreciation
7.94%
Original Mortgage
$248,250
Outstanding Balance
$226,050
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$249,868
Source: Public Records

Range of Values:

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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
Donnelly Amy E $331,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnelly Amy E $248,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $331,000 +1.8% $238 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $325,000 -- $233 / 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 $3,687 $378,900 $125,500 $253,400
2024 $3,687 $378,900 $125,500 $253,400
2023 $3,783 $357,200 $112,100 $245,100
2022 $3,385 $288,600 $97,500 $191,100
2021 $3,330 $267,700 $88,600 $179,100
2020 $3,175 $257,500 $88,600 $168,900
2019 $2,995 $236,000 $88,600 $147,400
2018 $2,832 $219,000 $88,600 $130,400
2017 $2,653 $201,100 $79,800 $121,300
2016 $2,756 $202,500 $79,800 $122,700
2015 $2,712 $198,700 $79,800 $118,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72755070

MLS Property Information Network (MLS PIN)

APN: GLOU-000017-000074