NOT LISTED FOR SALE

18 Addison St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $574,000 - $693,000

6 Beds
3 Baths
4,010 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $305,000 $76 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,806/month

96 Days on Market

About This Home

As of October 2015

New Roof in 2014--new windows in 2014--3 new gas heaters in 2014--off street parking----2nd and 3rd floor rents haven't been raised in a few years---House needs interior updating.

Last Agent to Sell the Property

William Goodwin

Vadala Real Estate Listed on: 05/12/2015

Last Buyer's Agent

Rodrigo Azevedo

Pablo Maia Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,658

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Park, Highway Access, T-Station
  • Electric: Circuit Breakers
  • Energy: Storm Windows
  • Flooring: Vinyl, Hardwood
  • Basement: Full, Bulkhead, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Frontage: 50.00
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Gutters, Screens, Fenced Yard
  • Foundation: Concrete Block, Granite
  • Beach: Harbor
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: R-5

Multi Family

  • Expenses Year End: 12/14
  • Foundation: 33 X 36
  • Heat Units: 3
  • Total Bedrooms: 6
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 2100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2015
Closed on
Oct 29, 2015
Sold by
Lococo Gioacchino and Lococo Maria
Bought by
Filho Jose M
Seller's Agent
William Goodwin
Vadala Real Estate
Buyer's Agent
Rodrigo Azevedo
Pablo Maia Realty
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$633,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,818
Avg. Annual Appreciation
7.59%
Original Mortgage
$299,475
Outstanding Balance
$236,587
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$397,231
Source: Public Records

Range of Values:

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Average Value
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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
Filho Jose M $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Filho Jose M $299,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2015 10/29/15 Sold $305,000 -6.2% $76 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $325,000 -- $81 / 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 $5,658 $582,100 $131,300 $450,800
2024 $5,273 $541,900 $125,100 $416,800
2023 $5,477 $517,200 $111,700 $405,500
2022 $4,942 $421,300 $97,100 $324,200
2021 $4,778 $384,100 $88,300 $295,800
2020 $4,526 $367,100 $88,300 $278,800
2019 $4,202 $331,100 $88,300 $242,800
2018 $4,037 $312,200 $88,300 $223,900
2017 $3,828 $290,200 $79,500 $210,700
2016 $4,498 $330,500 $79,500 $251,000
2015 $4,403 $322,600 $79,500 $243,100
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2015

    William Goodwin

    Vadala Real Estate

    (978) 815-9612

    4 in this area

    17 Total Sales

    William Goodwin
    Section Image
  • Rodrigo Azevedo

    Buyer's Agent in 2015

    Rodrigo Azevedo

    Pablo Maia Realty

    (508) 320-6053

    219 Total Sales

    Rodrigo Azevedo
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71835336

MLS Property Information Network (MLS PIN)

APN: GLOU-000025-000044

Massachusetts Essex County Gloucester 01930 Central Gloucester

18 Addison St, Gloucester, MA

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