NOT LISTED FOR SALE

Estimated Value: $892,000 - $1,060,000

5 Beds
3.5 Baths
2,697 Sq Ft
$362/Sq Ft Est. Value

Sale Details

Date Sold: September 7, 2021

Last sale price $783,137 $290 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,041 / mo

7 Days on Market

Highlights

  • Marina
  • City View
  • Deck
  • Medical Services
  • Waterfront
  • Property is near golf course, public transit, and schools

About This Home

As of September 2021

Prime Gloucester location featuring views to the Outer Harbor (including the Dog bar!) as well as Annisquam River views!!! Investors and owner-occupants do not miss this rare two family opportunity! Situated just off the Boulevard, with front-row, jaw-dropping views of boat activity at the Cut Bridge, you will enjoy the magic of the tides and Gloucesters' famous everchanging light here; sunsets are always a show! Unit 1 features a composite deck and, Unit 2 features 2(!) composite decks, with the third-floor deck offering views to the Dog bar! You will never miss a parade (July 4th, Little League, or Christmas!) since they are 1/2 block away! Gloucesters' many splendid firework displays will be viewed from the comfort of your deck. Music at Stage Fort Park or the everchanging gardens on the Boulevard will be a part of your life. Gloucester dog park and multiple playgrounds are just steps away. Downtown restaurants and the commuter rail are so easily accessible from this rare offering.

Last Agent to Sell the Property

Patty Knaggs

RE/MAX Beacon Listed on: 07/01/2021

RE/MAX Beacon

Co-Listed By

Patty Knaggs

RE/MAX Beacon

Last Buyer's Agent

Non Member

Non Member Office

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,849

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • Waterfront
  • Property fronts a private road
  • Fenced
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Garden

Property Views

  • City
  • Scenic Vista

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,697 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Washer

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot
  • Property is near golf course, public transit, and schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 200+ Amp Service
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1893496

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,849

Year Built

Built in 1925

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1925
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl,Varies Per Unit, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks))
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator,Washer,Dryer), Electric Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full, Interior Entry, Sump Pump, Unfinished
  • Living Area: 2697
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN4305
  • MAIN SO: H11111

Exterior Features

  • Exterior Features: Rain Gutters, Garden, Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Porch, Deck - Composite
  • Road Frontage Type: Private Road
  • Roof: Metal
  • View: City View(s), Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, Ocean, River, Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 2(None)
  • Heating: Unit 1(Gas,Unit Control), Unit 2(Gas,Unit Control)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 200+ Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station

Lot Info

  • Parcel Number: 1893496
  • Zoning: RS
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Flood Plain, Cleared, Level
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Lot Size Units: Acres
  • LOT SIZE: 6375

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6848.9

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

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
Jul 1, 2021
Closed on
Sep 7, 2021
Sold by
Bought by
Seller's Agent
Patty Knaggs
RE/MAX Beacon
Buyer's Agent
Non Member
Non Member Office
List Price
$798,800
Sold Price
$783,137
Premium/Discount to List
-$15,663
-1.96%
Current Estimated Value
$975,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,717
Avg. Annual Appreciation
4.54%
Original Mortgage
$806,000
Outstanding Balance
$715,926
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,928

Purchase Details

Closed on
Jan 29, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 1995
Sold by
Bought by
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
$783,137 None Available
-- None Available
-- --
-- --
$144,000 --
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 $806,000
Previous Owner $333,000
Previous Owner $344,230
Previous Owner $150,000
Previous Owner $148,500
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 Prior Sale
09/07/2021 09/07/21 Sold $783,137 -2.0% $290 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $798,800 +99.7% $296 / Sq Ft
08/25/2014 08/25/14 Sold $400,000 +12.7% $182 / Sq Ft View Prior Sale
07/26/2014 07/26/14 Pending -- -- --
07/13/2014 07/13/14 For Sale $355,000 -- $161 / 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 $8,246 $848,400 $244,000 $604,400
2024 $8,089 $831,300 $232,500 $598,800
2023 $7,425 $701,100 $207,600 $493,500
2022 $7,025 $598,900 $176,500 $422,400
2021 $6,793 $546,100 $160,400 $385,700
2020 $6,462 $524,100 $160,400 $363,700
2019 $6,059 $477,500 $160,400 $317,100
2018 $5,700 $440,800 $160,400 $280,400
2017 $5,454 $413,500 $152,700 $260,800
2016 $5,271 $387,300 $153,300 $234,000
2015 $5,187 $380,000 $153,300 $226,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72858886

MLS Property Information Network (MLS PIN)

APN: GLOU-000003-000054

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