NOT LISTED FOR SALE

Estimated Value: $1,091,381

6 Beds
5 Baths
3,581 Sq Ft
$305/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $700,000 $195 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,465/month

13 Days on Market

Highlights

  • Deck
  • Patio
  • Storage Shed

About This Home

As of December 2019

Unique, hard to find commercial/multi unit property in desirable East Gloucester location w/ample parking. The owner lives in 1 apt. and uses the 3 room lower level as a shop for a commercial business, This unit is not included as income. Top floor has long term tenants w/rent well below market value. There are 2 nicely furnished apts. used as vacation/winter rentals with excellent rental history. There are 6 fireplaces, 2 of which are working w/gas inserts in owners unit. and 2 with electric inserts. Also included is a stackable washer/dryer in common area and another in owners unit. Nice deck in back to enjoy harbor breezes. Within 1 mile from Niles and Good Harbor beach. Has some harbor views. Really a must see to appreciate. Home is kept in good condition. Set back off main road. Beautifully landscaped in Spring/ Summer Great opportunity to run a business and collect rents. This property is zoned 5-8 units.

Last Agent to Sell the Property

Salvatore Frontiero

Holly C & Co. Fine Homes Listed on: 09/12/2019

Last Buyer's Agent

Peter Lane

North Shore's Gold Coast Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Year Round Access

Outdoor Features

  • Deck
  • Patio
  • Storage Shed
  • Rain Gutters

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 206.37
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5
  • Year Built: 1920

Interior Features

  • Fireplaces: 6
  • Total Flrs: 9
  • Total Frplcs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 5
  • Total Fbh: 5
  • No Rooms: 16
  • Basement: Y
  • Main Lo: BB5769
  • Main So: C95247
  • Estimated Sq Ft: 3581.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Deck, Patio, Gutters, Storage Shed
  • Foundation: Granite

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • App Common: Washer / Dryer Combo

Lot Info

  • Assessments: 361300.00
  • Acre: 0.20
  • Lot Size: 8810.00
  • Page: 0192
  • Zoning: MI
  • Lot Description: Paved Drive, City View(s), Scenic View(s)

Multi Family

  • APOD Available: Yes
  • Total Levels: 5
  • Total Rent: 6900
  • Total Rms: 14
  • No Units: 5
  • Mf Type: 4 Family - 4 Units Up/Down

Tax Info

  • Taxes: 4662.00
  • Assessor Parcel Number: 1897048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Symonds Charles G
Bought by
Symonds Charles G and Symonds Regina D
Current Estimated Value
$1,091,381
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 -- None Available
Symonds Charles G -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $700,000 -5.3% $195 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $739,000 -- $206 / 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 $8,969 $922,700 $176,200 $746,500
2024 $4,488 $899,300 $167,800 $731,500
2023 $0 $851,500 $149,800 $701,700
2022 $0 $697,900 $130,300 $567,600
2021 $0 $641,400 $118,500 $522,900
2020 $4,488 $364,000 $118,500 $245,500
2019 $0 $361,300 $118,500 $242,800
2018 $0 $356,100 $118,500 $237,600
2017 $0 $347,700 $112,800 $234,900
2016 -- $333,600 $117,800 $215,800
2015 -- $333,600 $117,800 $215,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72563546

MLS Property Information Network (MLS PIN)

APN: GLOU-000063-000024