NOT LISTED FOR SALE

14 Summit St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $524,000 - $688,000

4 Beds
3 Baths
2,260 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $323,750 $143 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,694/month

5 Days on Market

About This Home

As of October 2016

Three unit dwelling with a nice yard and views of Gloucester Harbor from upper floors. Attractive kitchens and baths plus hardwood floors make this not only a good investment property, but works for owner occupied as well. The first and second floors share a forced hot water by oil boiler and the third unit has a gas fired forced hot water boiler. There are three electric hot water tanks. Two three room units (one bedroom each) and the first floor has five rooms (two bedrooms) and which enjoys direct access to the yard.

Last Agent to Sell the Property

Ruth Pino

RE/MAX Beacon Listed on: 07/06/2016

RE/MAX Beacon

Last Buyer's Agent

Peter Lane

North Shore's Gold Coast Realty

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Gentle Slope
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Insc: 2203
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Electric: 220 Volts, 200 Amps
  • Energy: Storm Windows
  • Flooring: Wood, Vinyl
  • Basement: Full, Walk Out, Interior Access
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Frontage: 50.00
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Deck, Gutters
  • Foundation: Concrete Block, Granite
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Tandem
  • Parking Spaces: 2

Utilities

  • Hot Water: Electric
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewer: 1532

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:0028 B:0095 L:0000
  • Zoning: R4
  • Lot: 95

Multi Family

  • Foundation: 30x22 10x28
  • Heat Units: 3
  • Total Bedrooms: 4
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 11
  • Total Rent_1: 2525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Oct 28, 2016
Sold by
Hines Eileen J and Hines Robert A
Bought by
Symonds Charles G
Seller's Agent
Ruth Pino
RE/MAX Beacon
Buyer's Agent
Peter Lane
North Shore's Gold Coast Realty
List Price
$336,000
Sold Price
$323,750
Premium/Discount to List
-$12,250
-3.65%
Current Estimated Value
$615,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,132
Avg. Annual Appreciation
7.26%
Original Mortgage
$276,000
Outstanding Balance
$222,137
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$393,745

Purchase Details

Closed on
Apr 3, 2000
Sold by
Budrow Michael G and Budrow Angela L
Bought by
Neal Eileen J
Source: Public Records

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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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
Symonds Charles G $323,750 --
Neal Eileen J $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Symonds Charles G $276,000
Previous Owner Neal Eileen J $176,000
Previous Owner Neal Eileen J $174,000
Previous Owner Neal Eileen J $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $323,750 -3.6% $143 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $336,000 -- $149 / 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 $5,605 $576,600 $138,100 $438,500
2024 $5,228 $537,300 $131,600 $405,700
2023 $5,425 $512,300 $117,500 $394,800
2022 $4,910 $418,600 $102,200 $316,400
2021 $4,752 $382,000 $92,900 $289,100
2020 $4,508 $365,600 $92,900 $272,700
2019 $4,200 $331,000 $92,900 $238,100
2018 $4,045 $312,800 $92,900 $219,900
2017 $3,762 $285,200 $83,700 $201,500
2016 $3,495 $256,800 $83,600 $173,200
2015 $3,432 $251,400 $83,600 $167,800
Source: Public Records

Agents Affiliated with this Home

  • Ruth Pino

    Seller's Agent in 2016

    Ruth Pino

    RE/MAX

    (978) 764-6710

    35 in this area

    116 Total Sales

    Ruth Pino
    Section Image
  • Peter Lane

    Buyer's Agent in 2016

    Peter Lane

    North Shore's Gold Coast Realty

    (978) 689-5431

    25 in this area

    74 Total Sales

    Peter Lane
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72033825

MLS Property Information Network (MLS PIN)

APN: GLOU-000028-000095

Massachusetts Essex County Gloucester 01930 Central Gloucester

14 Summit St, Gloucester, MA

Not Listed for Sale

MultiFamily

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