NOT LISTED FOR SALE

Estimated Value: $591,000 - $774,350

5 Beds
2 Baths
2,124 Sq Ft
$329/Sq Ft Est. Value

Last Sold July 21, 2014

Last sale price $330,000 $155 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,253/month

78 Days on Market

About This Home

As of July 2014

Perched high on a lovely East Gloucester side street, this striking circa 1895 2 family has Victorian appeal and fascinating harbor views! Luminous interiors, pine floors, high ceilings, four window bays add charm. The first level features a 4 room, 2 bedroom 1 bath apartment that is currently leased. The two level 'owner's' unit' is currently unoccupied and features 8 well proportioned rooms in a flexible layout. French doors open to a private 8x12 water view deck.The manageable yard is nicely wrought and with its granite outcroppings, would lend itself to gardening. Off street parking for 2 vehicles. Separate utilities except water. It is just moments to Good Harbor Beach, Rocky Neck, The Gloucester Stage Company and the daily spectacle of a working harbor. Kitchens and baths need updating. Electric needs updating. No home sale contingency offers. First floor tenant has lease until March 2015. Financials/preapproval required with all offers

Last Agent to Sell the Property

Kristal Pooler

Kristal Pooler & Assoc.Coast & Country Properties License #454000767 Listed on: 04/04/2014

Last Buyer's Agent

William Goodwin

Vadala Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,679

Year Built

1895

Lot Details

0

Listing Details

  • Lot Description: Scenic View(s)
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1895

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station
  • Electric: Circuit Breakers, Individually Metered, Knob & Tube Wiring
  • Energy: Storm Windows
  • Flooring: Wood
  • Basement: Interior Access, Bulkhead

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Deck - Wood, Patio, Gutters, City View(s)
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street, Unpaved Driveway
  • Parking Spaces: 3

Utilities

  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Oven

Schools

  • High School: Ghs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jul 21, 2014
Sold by
Fahey Kevin M and Mccabe Helen
Bought by
Lowe John S and Lowe Kelly
Seller's Agent
Kristal Pooler
Kristal Pooler & Assoc.Coast & Country Properties
Buyer's Agent
William Goodwin
Vadala Real Estate
List Price
$369,900
Sold Price
$330,000
Premium/Discount to List
-$39,900
-10.79%
Current Estimated Value
$690,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,263
Avg. Annual Appreciation
6.79%
Original Mortgage
$319,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2003
Sold by
Fahey Kevin M
Bought by
Fahey Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.98%

Purchase Details

Closed on
May 22, 1987
Sold by
Ranahan Steven
Bought by
Fahey Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
9.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Lowe John S $330,000 --
Fahey Kevin M -- --
Fahey Kevin M $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe John S $381,750
Closed Lowe John S $17,900
Closed Lowe John S $350,000
Closed Lowe John S $319,500
Previous Owner Fahey Kevin M $180,000
Previous Owner Fahey Kevin M $148,500
Previous Owner Fahey Kevin M $153,750
Previous Owner Fahey Kevin M $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2014 07/21/14 Sold $330,000 -10.8% $155 / Sq Ft
06/21/2014 06/21/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $369,900 -- $174 / 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 $5,679 $583,700 $195,200 $388,500
2024 $5,679 $583,700 $195,200 $388,500
2023 $5,823 $549,900 $174,300 $375,600
2022 $5,432 $463,100 $148,100 $315,000
2021 $5,251 $422,100 $134,700 $287,400
2020 $5,000 $405,500 $134,700 $270,800
2019 $4,703 $370,600 $134,700 $235,900
2018 $4,436 $343,100 $134,700 $208,400
2017 $4,246 $321,900 $128,300 $193,600
2016 $4,144 $304,500 $128,700 $175,800
2015 $3,881 $284,300 $111,900 $172,400
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: 71655275

MLS Property Information Network (MLS PIN)

APN: GLOU-000058-000018