S
Seller's Agent in 2023
Stacey Simpson
Century 21 North East
118 Eastern Ave Gloucester, MA 01930
East Gloucester NeighborhoodEstimated Value: $597,000 - $827,587
5
Beds
2
Baths
2,436
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- 0.6 Acre Lot
- Property is near public transit
- Covered Patio or Porch
- Deck
- 1 Fireplace
- Park
About This Home
As of October 2023Welcome Home To This Large Multi-2 Family Property That's Been In Same Family For Many Decades. Perched high above Eastern Ave lies a rare opportunity to own this private and secluded property situated on a lot of over half an acre, located within mins to Gloucester's sandy beaches, shops restaurants and easy hwy access! The 1st LL, is rustic offering 2 beds, 1 bath with in-unit laundry and rental income to off set mortgage costs. The 2nd lvl townhouse style unit offers open floor plan with updated kitchen and bath, 2 generous sized bedrooms with additional bedrooms and office space on 3rd LL. In-unit laundry, high ceilings and deck to enjoy morning sunrises and evening sunsets finish this unit. Newer roof, siding, updated electric panel and 10+ prkg . Oversized garage and workshop area provide space for craftsperson and additional storage. Property’s orientation creates a serene setting with a sprawling tree-lined lot, perfect outdoor space for both entertaining or a peaceful retreat.
Last Agent to Sell the Property
Stacey Simpson
Century 21 North East Listed on: 08/23/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,307
Year Built
- Built in 1920 | Remodeled
Lot Details
- 0.6 Acre Lot
- Gentle Sloping Lot
- Cleared Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
- Deeded Parking
Home Design
- Duplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,436 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Insulated Windows
- Unfinished Basement
- Partial Basement
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Outdoor Features
- Deck
- Covered Patio or Porch
Location
- Property is near public transit
- Property is near schools
Schools
- East Gloucester Elementary School
- O'maley Middle School
- GHS High School
Utilities
- Private Sewer
Listing and Financial Details
- Total Actual Rent $1,400
- Assessor Parcel Number 1906563
Community Details
Recreation
- Park
Additional Features
- 2 Units
- Shops
- Net Operating Income $16,800
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Cross St Apartments Llc | $105,000 | |
| Closed | Cross St Apts Llc | $880,000 | |
| Closed | Frontiero David A | $356,000 | |
| Closed | Frontiero David A | $340,862 | |
| Closed | Frontiero David A | $55,000 | |
| Closed | Frontiero David A | $230,000 | |
| Closed | Frontiero David A | $165,000 | |
| Closed | Frontiero David A | $160,000 | |
| Closed | Frontiero David A | $153,000 | |
| Closed | Frontiero David A | $145,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2023 10/10/23 | Sold | $530,000 | -22.0% | $218 / Sq Ft |
| 08/29/2023 08/29/23 | Pending | -- | -- | -- |
| 08/23/2023 08/23/23 | For Sale | $679,900 | -- | $279 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,081 | $727,800 | $193,200 | $534,600 |
| 2024 | $7,081 | $727,800 | $193,200 | $534,600 |
| 2023 | $7,307 | $690,000 | $172,500 | $517,500 |
| 2022 | $6,883 | $586,800 | $150,000 | $436,800 |
| 2021 | $6,675 | $536,600 | $136,400 | $400,200 |
| 2020 | $6,345 | $514,600 | $136,400 | $378,200 |
| 2019 | $5,941 | $468,200 | $136,400 | $331,800 |
| 2018 | $5,579 | $431,500 | $136,400 | $295,100 |
| 2017 | $5,255 | $398,400 | $122,800 | $275,600 |
| 2016 | $5,064 | $372,100 | $122,700 | $249,400 |
| 2015 | $4,980 | $364,800 | $122,700 | $242,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Atlee Alman
A
Buyer's Agent in 2023
Atlee Alman
Vadala Real Estate
(978) 807-8096
4 in this area
27 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73151327
APN: GLOU-000264-000005
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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