NOT LISTED FOR SALE

124 Centennial Ave Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $576,000 - $832,443

4 Beds
3 Baths
2,041 Sq Ft
$357/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $800,000 $392 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,323/month

61 Days on Market

Highlights

  • Marina
  • Open Floorplan
  • Property is near public transit and schools
  • Granite Flooring
  • Deck
  • 4-minute walk to Oval Playground

About This Home

As of October 2024

Property back on market through no fault of its own. Clean home inspection. 3 family in a great condition in an excellent location. First floor owners unit offers a newer bathroom & a room in basement (not included in GLA) that could be gym or office. All units have new windows/doors, hardwood and upgraded kitchen and baths, huge private deck for each unit, 9 car parking, shared drive, shed, & large 1 car garage w/work area and electricity. Fantastic location close to river, park w/playground, high school & T station, harbor/ocean at end of street 1/4 mile. Each tenant pays utilities except water, owner pays 1st floor utilities and water for whole house/city water & sewer. Large porch on front for common use. HURRY THIS WILL NOT LAST!

Last Agent to Sell the Property

Wendy Willis

Keller Williams Realty Evolution Listed on: 07/29/2024

Keller Williams Realty Evolution

Last Buyer's Agent

Paul Cirignano

The Synergy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,775

Year Built

  • Built in 1900

Lot Details

  • 8,690 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Stone Driveway
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Studio
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,041 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Storage

Kitchen

  • Range
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Granite
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Balcony
  • Deck
  • Porch

Location

  • Property is near public transit and schools

Schools

  • Gloucester Elementary School
  • Gloucester Middle School
  • Gloucester High School

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $2,100
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0023 B:0042 L:0000,1894610

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park

Building Details

  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,775

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: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood, Tile, Vinyl, Carpet, Laminate, Stone/Ceramic Tile
  • Interior Amenities: Pantry, Storage, Upgraded Countertops, Bathroom With Tub & Shower, Ceiling Fan(s), Studio, Open Floorplan, Slider, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Interior Entry, Concrete
  • Living Area: 2041
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: C95098
  • MAIN SO: AN7316

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone, Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street, Stone/Gravel
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: None
  • Heating: Baseboard, Oil, Electric
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Oil, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0023 B:0042 L:0000,1894610
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8690
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5775

Multi Family

  • Net Operating Income: 25200
  • Number Of Units Total: 3
  • Total Actual Rent: 2100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

MLS Schools

  • High School: Gloucester Hs
  • Elementary School: Gloucester Elem
  • Middle Or Junior School: Gloucester Ms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2016
Sold by
Brancaleone Giuseppe and Brancaleone Amanda
Bought by
Brancaleone Giuseppe
Current Estimated Value
$729,111

Purchase Details

Closed on
Oct 19, 2011
Sold by
Brancaleone Giuseppe and Brancaleone Amanda
Bought by
Brancaleone Giuseppe

Purchase Details

Closed on
Sep 28, 2007
Sold by
Tindley Dexter
Bought by
Brancaleone Giuseppe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,500
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1987
Sold by
Leahy C W
Bought by
Tindley Dexter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Brancaleone Giuseppe -- --
Brancaleone Giuseppe -- --
Brancaleone Giuseppe -- --
Brancaleone Giuseppe -- --
Brancaleone Giuseppe $360,000 --
Brancaleone Giuseppe $360,000 --
Tindley Dexter $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tindley Dexter $341,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $800,000 0.0% $392 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $800,000 0.0% $392 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $800,000 -- $392 / 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 $6,172 $635,000 $175,400 $459,600
2024 $5,775 $593,500 $167,100 $426,400
2023 $5,977 $564,400 $149,100 $415,300
2022 $5,461 $465,600 $129,700 $335,900
2021 $5,301 $426,100 $117,900 $308,200
2020 $4,822 $391,100 $117,900 $273,200
2019 $4,547 $358,300 $117,900 $240,400
2018 $4,409 $341,000 $117,900 $223,100
2017 $4,266 $323,400 $112,300 $211,100
2016 $4,093 $300,700 $117,200 $183,500
2015 $4,192 $307,100 $117,200 $189,900
Source: Public Records

Agents Affiliated with this Home

  • Wendy Willis

    Seller's Agent in 2024

    Wendy Willis

    Keller Williams Realty Evolution

    (978) 270-1872

    1 in this area

    112 Total Sales

    Wendy Willis
    Section Image
  • Paul Cirignano

    Buyer's Agent in 2024

    Paul Cirignano

    The Synergy Group

    (781) 570-9007

    1 in this area

    214 Total Sales

    Paul Cirignano
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73270833

MLS Property Information Network (MLS PIN)

APN: GLOU-000023-000042

Massachusetts Essex County Gloucester 01930 Central Gloucester

124 Centennial Ave, Gloucester, MA

Not Listed for Sale

MultiFamily

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