NOT LISTED FOR SALE

Estimated Value: $604,811 - $803,000

3 Beds
3 Baths
1,728 Sq Ft
$399/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $297,500 $172 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,030/month

19 Days on Market

About This Home

As of September 2013

A wonderful opportunity to own a 2-family in the heart of Gloucester located just a short stroll to the Boulevard, Ocean, & downtown shopping! This side by side 2 unit offers a cottage-like 2 bedroom owner's unit on 2 levels! Offering a mudroom/office with vaulted ceiling, newer 1/2 bath, galley kitchen in need of a little tlc, formal dining room, good size living room, and a wonderful sunroom! Upstairs has 2 bedrooms and a full bath! Hardwood flooring throughout most of the home! 1 bedroom apartment 10 yrs new and is open concept with radiant heat flooring and nice light! Exterior Shingles and roof installed within past 10 years (shingles need staining/painting). Quaint yard for gardening or entertaining and shed for storage!

Last Agent to Sell the Property

Lillian Lograsso

J. Barrett & Company Listed on: 08/12/2013

Last Buyer's Agent

Sara Lovegreen

Holly C & Co. Fine Homes License #89400549

Property Details

Home Type

Multi-Family

Year Built

1941

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1941

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Tile, Laminate, Hardwood
  • Basement: Full, Interior Access

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Storage Shed, Garden Area
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 3

Utilities

  • Hot Water: Electric, Tank

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2013
Closed on
Sep 30, 2013
Sold by
Cunningham 4Th John D and Stewart-Cunningham Jane
Bought by
Warren Drew F and Warren Ruth P
Seller's Agent
Lillian Lograsso
J. Barrett & Company
Buyer's Agent
Sara Lovegreen
Holly C & Co. Fine Homes
List Price
$319,000
Sold Price
$297,500
Premium/Discount to List
-$21,500
-6.74%
Current Estimated Value
$688,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,453
Avg. Annual Appreciation
7.09%
Original Mortgage
$282,356
Outstanding Balance
$212,826
Interest Rate
4.58%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$476,127

Purchase Details

Closed on
Jun 19, 2001
Sold by
Cashman Robert W and Cashman Lynentte M
Bought by
Cunningham John D and Cunningham Stewart-Cunningham J

Purchase Details

Closed on
Jan 16, 1990
Sold by
Parsons Gardner
Bought by
Cashman Robert
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
Warren Drew F $297,500 --
Cunningham John D $222,222 --
Cashman Robert $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cashman Robert $282,356
Closed Cashman Robert $282,356
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2013 09/30/13 Sold $297,500 -6.7% $172 / Sq Ft
08/31/2013 08/31/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $319,000 -- $185 / 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 $5,034 $517,900 $150,200 $367,700
2024 $4,969 $510,700 $143,000 $367,700
2023 $5,301 $500,600 $127,700 $372,900
2022 $4,808 $409,900 $111,100 $298,800
2021 $4,653 $374,000 $101,000 $273,000
2020 $4,420 $358,500 $101,000 $257,500
2019 $4,134 $325,800 $101,000 $224,800
2018 $3,878 $299,900 $101,000 $198,900
2017 $3,712 $281,400 $96,200 $185,200
2016 $3,759 $276,200 $100,300 $175,900
2015 $3,696 $270,800 $100,300 $170,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71568523

MLS Property Information Network (MLS PIN)

APN: GLOU-000018-000041