NOT LISTED FOR SALE

Estimated Value: $647,000 - $864,620

6 Beds
3.5 Baths
2,980 Sq Ft
$261/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $800,000 $268 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,591/month

1 Day on Market

Highlights

  • Marina
  • Corner Lot
  • Jogging Path
  • Property is near public transit and schools
  • Tennis Courts
  • Laundry Room

About This Home

As of November 2023

Great investment opportunity in East Gloucester. This 3 Unit property is in excellent condition on corner lot situated between Good Harbor and Niles Beaches. All units are 2 bedrooms, with separate utilities.Totally vacant; move right in. Unit 1 could be owner's unit with 6 rooms; the other apartments are 4 rooms. Live there and collect rent! Or possibly Air B&B? Location is phenomenal! Walk to Rocky Neck for dinner and sunsets!

Last Agent to Sell the Property

Linda Clayton

RE/MAX Beacon Listed on: 10/10/2023

RE/MAX Beacon

Last Buyer's Agent

Lauren O'Brien

Leading Edge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,951

Year Built

  • Built in 1900

Lot Details

  • 3,790 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • 2,980 Sq Ft Home
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Washer

Schools

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

Additional Features

  • Property is near public transit and schools
  • Heating Available
  • Finished Basement

Listing and Financial Details

  • Tax Lot 32

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Recreation

  • Marina
  • Tennis Courts
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,951

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Carpet,Laminate
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator,Washer,Dryer)
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Finished
  • Living Area: 2980
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4305
  • MAIN SO: AN4643

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Tennis Court(s), Walk/Jog Trails, Marina, Public School
  • Senior Community YN: No

Lot Info

  • Zoning: R10
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3790
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5951
  • Tax Lot: 32

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

MLS Schools

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

Range of Values:

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Sold $800,000 +6.7% $268 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $750,000 -- $252 / 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 $6,831 $702,800 $186,700 $516,100
2024 $5,758 $591,800 $177,800 $414,000
2023 $5,951 $561,900 $158,800 $403,100
2022 $5,397 $460,100 $135,000 $325,100
2021 $5,232 $420,600 $122,700 $297,900
2020 $4,985 $404,300 $122,700 $281,600
2019 $4,693 $369,800 $122,700 $247,100
2018 $4,547 $351,700 $122,700 $229,000
2017 $4,395 $333,200 $116,900 $216,300
2016 $4,144 $304,500 $117,200 $187,300
2015 $4,081 $299,000 $117,200 $181,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73168340

MLS Property Information Network (MLS PIN)

APN: GLOU-000078-000032