NOT LISTED FOR SALE

Estimated Value: $810,528

6 Beds
3.5 Baths
2,980 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: November 21, 2023

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

Est. 1% increase in value since last sale

Current estimated payment $5,033 / mo

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

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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

3,790 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 21, 2023
Sold by
Bought by
Seller's Agent
Linda Clayton
RE/MAX Beacon
Buyer's Agent
Lauren O'Brien
Leading Edge Real Estate
List Price
$750,000
Sold Price
$800,000
Premium/Discount to List
$50,000
6.67%
Views
30
Current Estimated Value
$810,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,528
Avg. Annual Appreciation
0.49%
Original Mortgage
$640,000
Outstanding Balance
$623,778
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$186,750
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$800,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $640,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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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

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