NOT LISTED FOR SALE

Estimated Value: $760,000 - $956,000

5 Beds
3 Baths
3,270 Sq Ft
$272/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $575,000 $176 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,464/month

20 Days on Market

Highlights

  • Marina
  • Medical Services
  • Waterfront
  • Golf Course Community
  • Granite Flooring
  • 5-minute walk to Stage Fort Park

About This Home

As of August 2022

Opportunity to live in a great location with scenic views of the ocean and perched across from Stage Fort Park and Stacy Boulevard. This 2-unit home has been owned by family members for generations. Waiting for the next buyer to bring this stately 4-level home to the next phase of ownership. Detail such as custom built-in china cabinets and an abundant amount of large cedar closets, and hand-laid tiled floors with tiger pine and gumwood molding throughout. In the summer you will be able to have a front-row seat for all the fireworks and festivities that Gloucester has to offer. Enjoy the sounds and smell the salty ocean breeze. Close by are all the restaurants, half-moon beach, Gloucester harbor, Fiesta and so much to do. This is an estate and is being sold as-is as seen. Buyers and Agents are responsible for doing their own due diligence.

Last Agent to Sell the Property

Jan Pellegrini

Keller Williams Realty Evolution Listed on: 07/05/2022

Keller Williams Realty Evolution

Last Buyer's Agent

Mark Ventimiglia

Vadala Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,437

Year Built

  • Built in 1926

Lot Details

  • 9,250 Sq Ft Lot
  • Waterfront

Parking

  • 2 Car Garage
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 3,270 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Insulated Doors
  • Laundry Room

Flooring

  • Wood
  • Laminate
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access
  • Block Basement Construction

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Outdoor Storage
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit and schools

Schools

  • Gloucester High School

Utilities

  • No Cooling
  • Heating Available
  • 200+ Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Rent includes unit 1(heat electric), unit 2(heat electric)
  • Assessor Parcel Number M:0216 B:0010 L:0000,1903959

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,437

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1926
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood,Tile,Laminate, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Storage,Cedar Closet,Crown Molding,Walk-In Closet,Bathroom With Tub & Shower), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace Features: Unit 1(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Oil Water Heater,Tank Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 2
  • Laundry Features: Unit 2 Laundry Room
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete
  • Living Area: 3270
  • Stories Total: 4
  • MAIN LO: C95098
  • MAIN SO: C95600

Exterior Features

  • Exterior Features: Storage, Unit 2 Balcony/Deck
  • Foundation Details: Granite
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Baseboard,Oil), Unit 2(Hot Water Radiators,Oil)
  • Cooling Y N: No
  • Electric: Fuses, Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Heat,Electric), Unit 2(Heat,Electric)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0216 B:0010 L:0000,1903959
  • Zoning: R-20
  • Farm Land Area Units: Square Feet
  • Lot Features: Flood Plain
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9250
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8437

Multi Family

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

MLS Schools

  • High School: Gloucester High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 31, 2022
Sold by
Brancaleone Western Rt and Brancaleone
Bought by
Giacalone Ashley L and Giacalone Nicholas M
Seller's Agent
Jan Pellegrini
Keller Williams Realty Evolution
Buyer's Agent
Mark Ventimiglia
Vadala Real Estate
List Price
$899,000
Sold Price
$575,000
Premium/Discount to List
-$324,000
-36.04%
Current Estimated Value
$1,242,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$667,143
Avg. Annual Appreciation
13.67%
Original Mortgage
$700,000
Outstanding Balance
$661,144
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$227,856
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Giacalone Ashley L $575,000 None Available
Giacalone Ashley L $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giacalone Ashley L $700,000
Closed Giacalone Ashley L $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $575,000 -36.0% $176 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $899,000 -- $275 / 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 $12,172 $1,252,300 $179,200 $1,073,100
2024 $3,774 $387,900 $170,700 $217,200
2023 $9,025 $852,200 $152,400 $699,800
2022 $8,437 $719,300 $132,500 $586,800
2021 $8,159 $655,900 $120,500 $535,400
2020 $7,707 $625,100 $120,500 $504,600
2019 $7,106 $560,000 $120,500 $439,500
2018 $6,576 $508,600 $120,500 $388,100
2017 $6,255 $474,200 $114,800 $359,400
2016 $5,961 $438,000 $119,700 $318,300
2015 $5,842 $428,000 $119,700 $308,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73003905

MLS Property Information Network (MLS PIN)

APN: GLOU-000216-000010