NOT LISTED FOR SALE

Estimated Value: $633,000 - $702,000

7 Beds
3 Baths
1,975 Sq Ft
$339/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $620,000 $314 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,173/month

7 Days on Market

Highlights

  • Marina
  • Medical Services
  • Deck
  • Golf Course Community
  • Granite Flooring
  • Property is near public transit

About This Home

As of May 2023

Spacious and well-maintained multi-family sited on a quiet sidewalk-lined street and conveniently located near downtown, shopping, commuter rail to Boston, and highway. This attractive turn-of-the-century building projects character and features a first-floor unit which offers a single-level living opportunity with two bedrooms, a spacious sunlit living room, eat-in kitchen with natural-gas cooking, pantry, extra cabinet space, and private rear deck exiting to the back yard. The townhouse-style second-floor unit encompasses four bedrooms and a large living room with striking natural light. The main feature of the unit is the eat-in kitchen with natural-gas cooking and a pantry alcove with plenty of cabinets and counter-top space. Other features include hardwood floors, vinyl floors, and washer-dryer hookups in each unit and separate utilities. Three off-street tandem parking and large yard.

Last Agent to Sell the Property

Ana Silveira

J. Barrett & Company Listed on: 03/14/2023

Last Buyer's Agent

Jackie Veri

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,441

Year Built

  • Built in 1900

Lot Details

  • 4,358 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,975 Sq Ft Home
  • Property has 1 Level
  • Insulated Doors
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Granite
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Veterans Elementary School
  • O'maley Middle School
  • Gloucester High School

Utilities

  • Heating Available
  • 200+ Amp Service
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,000
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 1895107
  • Tax Block 0071

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Building Details

  • Electric Expense $167
  • Insurance Expense $2,900
  • Water Sewer Expense $2,038
  • Operating Expense $7,301
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,441

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Vinyl,Hardwood, Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Pantry,Bathroom With Tub & Shower), Unit 3(Ceiling Fans,Pantry,Lead Certification Available,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Basement: Partial, Walk-Out Access, Concrete
  • Living Area: 1975
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 303.8
  • PRICE PER Sq Ft: 313.92
  • MAIN SO: AN6527

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Heating: Unit 1(Electric), Unit 2(Electric), Unit 3(Hot Water Radiators,Gas,Electric)
  • Electric: 110 Volts, 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, 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

Fee Information

  • Water Sewer Expenses: 2038

Lot Info

  • Parcel Number: 1895107
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4358
  • Lot Size Units: Acres
  • PAGE: 171
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5441
  • Tax Block: 0071
  • Tax Book Number: 34855
  • Tax Map Number: 0028

Multi Family

  • Electric Expense: 167
  • Gross Income: 47520
  • Insurance Expense: 2900
  • Net Operating Income: 28800
  • Number Of Units Total: 3
  • Operating Expense: 7301
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
  • FLRS 2: 1

MLS Schools

  • High School: Gloucester
  • Elementary School: Veterans
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2016
Sold by
Manny 1 Realty Llc
Bought by
Marcelynas Stacia L
Total Days on Market
7
Current Estimated Value
$668,729

Purchase Details

Closed on
Jul 11, 2014
Sold by
Theriault Andrew D and Theriault Stacia L
Bought by
Manny One Realty Llc

Purchase Details

Closed on
Feb 11, 2011
Sold by
Ciaramitaro Samuel J
Bought by
Gloucester City Of

Purchase Details

Closed on
Apr 30, 2007
Sold by
S & S Rt
Bought by
Ciaramitaro Samuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Marcelynas Stacia L -- --
Manny One Realty Llc -- --
Gloucester City Of $2,694 --
Ciaramitaro Samuel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Two Brothers Estates Llc $496,000
Closed Marcelynas Stacia L $386,400
Closed Marcelynas Stacia L $205,000
Previous Owner S & S Rt $227,200
Previous Owner S & S Rt $172,300
Previous Owner S & S Rt $195,000
Previous Owner S & S Rt $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $620,000 +3.3% $314 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $600,000 +136.2% $304 / Sq Ft
03/15/2013 03/15/13 Sold $254,000 -18.0% $92 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
09/06/2012 09/06/12 For Sale $309,900 +106.6% $112 / Sq Ft
03/14/2012 03/14/12 Sold $150,000 -18.9% $71 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
09/17/2011 09/17/11 For Sale $185,000 -- $88 / 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 $5,240 $538,500 $127,000 $411,500
2024 $5,240 $538,500 $127,000 $411,500
2023 $5,441 $513,800 $113,400 $400,400
2022 $4,922 $419,600 $98,600 $321,000
2021 $4,763 $382,900 $89,700 $293,200
2020 $4,516 $366,300 $89,700 $276,600
2019 $4,529 $356,900 $89,700 $267,200
2018 $4,350 $336,400 $89,700 $246,700
2017 $4,130 $313,100 $80,800 $232,300
2016 $3,812 $280,100 $80,700 $199,400
2015 $3,739 $273,900 $80,700 $193,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73087434

MLS Property Information Network (MLS PIN)

APN: GLOU-000028-000071