Seller's Agent in 2022
Gretchen Parker
Advisors Living - Gloucester
(978) 394-4708
3 in this area
52 Total Sales
147 Western Ave Gloucester, MA 01930
West Gloucester NeighborhoodEstimated Value: $1,266,515 - $1,365,000
7
Beds
4
Baths
5,104
Sq Ft
$258/Sq Ft
Est. Value
Highlights
- Marina
- Medical Services
- 2 Fireplaces
- Golf Course Community
- Property is near public transit
- Tennis Courts
About This Home
As of October 2022OFFER DEADLINE TUESDAY, 8/16, AT NOON. This gracious three-family home w/ 5,100 sf of living, sits proudly on Western Ave, overlooking Stage Fort Park, Stacy Boulevard, Gloucester Harbor and the marsh abutting the Annisquam river. The property has been in the same sea-faring family for nearly 100 years; it is now vacant and turn-key ready for its next chapter ~ perfect for an investor or owner- occupier looking for rental income, or a potential condo conversion. Currently configured as three spacious 2 bedroom, 1 bath units with separate gas & electric w/ new heating systems & tankless hw heaters, plus an in-law studio on the 2nd floor which shares utilities with Unit 1. There is a two-car garage & LL one- car garage, parking for 5+ cars, a large yard, two covered porches overlooking the marsh, and a front row view of summer fireworks. Just steps to Half Moon Beach, Sunday night Band Stand concerts in the park, Gloucester's bustling waterfront and many restaurants!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,505
Year Built
- Built in 1916
Lot Details
- 0.39 Acre Lot
- Property fronts an easement
- Near Conservation Area
Parking
- 3 Car Garage
- Stone Driveway
- Off-Street Parking
Home Design
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,104 Sq Ft Home
- 2 Fireplaces
- Wood Burning Fireplace
- Window Screens
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Garage Access
- Block Basement Construction
Home Security
- Storm Windows
- Storm Doors
Outdoor Features
- Walking Distance to Water
- Covered Patio or Porch
- Rain Gutters
Location
- Flood Zone Lot
- Property is near public transit
- Property is near schools
Schools
- West Parish Elementary School
- O'maley Middle School
- GHS High School
Utilities
- 4 Heating Zones
- Heating Available
- Separate Meters
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 1903974
- Tax Block 25
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2022
Closed on
Oct 19, 2022
Sold by
Olsen Brothers Llc
Bought by
Haskell James M and Haskell Katrina
Seller's Agent
Gretchen Parker
Advisors Living - Gloucester
Buyer's Agent
Kathleen McHugh
Churchill Properties
List Price
$1,200,000
Sold Price
$1,125,000
Premium/Discount to List
-$75,000
-6.25%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,379
Avg. Annual Appreciation
5.03%
Original Mortgage
$750,000
Outstanding Balance
$719,183
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$577,249
Purchase Details
Closed on
Jan 13, 2014
Sold by
Olsen Brothers T
Bought by
Olsen Brothers Llc
Purchase Details
Closed on
Jun 10, 2003
Sold by
Olsen David M and Olsen Craig J
Bought by
Olsen Brothers T
Purchase Details
Closed on
Aug 1, 1970
Bought by
Olsen David M and Olsen Craig J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Haskell James M | $1,125,000 | None Available | |
| Olsen Brothers Llc | -- | -- | |
| Olsen Brothers T | -- | -- | |
| Olsen David M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Haskell James M | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2022 10/19/22 | Sold | $1,125,000 | -6.3% | $220 / Sq Ft |
| 08/16/2022 08/16/22 | Pending | -- | -- | -- |
| 08/10/2022 08/10/22 | For Sale | $1,200,000 | -- | $235 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $11,180 | $1,149,000 | $159,400 | $989,600 |
| 2024 | $11,180 | $1,149,000 | $159,400 | $989,600 |
| 2023 | $11,680 | $1,102,900 | $142,300 | $960,600 |
| 2022 | $10,505 | $895,600 | $123,800 | $771,800 |
| 2021 | $10,182 | $818,500 | $112,500 | $706,000 |
| 2020 | $9,604 | $778,900 | $112,500 | $666,400 |
| 2019 | $8,827 | $695,600 | $112,500 | $583,100 |
| 2018 | $8,426 | $651,700 | $112,500 | $539,200 |
| 2017 | $8,120 | $615,600 | $107,200 | $508,400 |
| 2016 | $7,487 | $550,100 | $111,900 | $438,200 |
| 2015 | $7,329 | $536,900 | $111,900 | $425,000 |
Source: Public Records
Agents Affiliated with this Home
-
Gretchen Parker
-
Kathleen McHugh
K
Buyer's Agent in 2022
Kathleen McHugh
Churchill Properties
2 in this area
19 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73023711
APN: GLOU-000216-000025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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