NOT LISTED FOR SALE

18 Wells St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $503,000 - $695,000

4 Beds
2 Baths
1,882 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 04, 2017

Last sale price $337,400 $179 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,657/month

7 Days on Market

About This Home

As of January 2017

Don't miss this super solid in town multi-family. Huge lot with nice yard. Lots of upgrades including newer replacement windows, water heaters,and insulation. Common front sun-porch. Full basement with plenty of storage. This home has been professionally managed. Unit one is a single level with 1 bedroom, possibly two. Unit two is a town- house style with 3 bedrooms and offers a roof deck.Laundry hook-ups in each apartment.Current rents well below market pricing. Close to public transportation, beaches, restaurants, highway access, and Gloucester's vibrant waterfront!

Last Agent to Sell the Property

Kathryn Tully

Century 21 North East Listed on: 10/19/2016

Century 21 North East

Last Buyer's Agent

Bethany Pratt

Churchill Properties

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Marina, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Storm Doors
  • Flooring: Wood, Vinyl
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck - Roof, Gutters, Stone Wall
  • Foundation: Fieldstone
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: R-4

Multi Family

  • APOD Available: Yes
  • Foundation: 0000000000
  • Heat Units: 2
  • Common Room: Sunroom
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Jan 4, 2017
Sold by
Preli Sorine Ask Est
Bought by
Pratt Danielle R
Seller's Agent
Kathryn Tully
Century 21 North East
Buyer's Agent
Bethany Pratt
Churchill Properties
List Price
$329,900
Sold Price
$337,400
Premium/Discount to List
$7,500
2.27%
Current Estimated Value
$619,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,423
Avg. Annual Appreciation
6.96%
Original Mortgage
$286,450
Outstanding Balance
$237,793
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$382,030

Purchase Details

Closed on
Nov 1, 1977
Bought by
Preli Sorine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pratt Danielle R $337,400 --
Preli Sorine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pratt Danielle R $286,450
Previous Owner Preli Sorine $72,500
Previous Owner Preli Sorine $72,000
Previous Owner Preli Sorine $19,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2017 01/04/17 Sold $337,400 +2.3% $179 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $329,900 -- $175 / 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 $5,377 $553,200 $173,900 $379,300
2024 $5,267 $541,300 $165,600 $375,700
2023 $5,421 $511,900 $147,900 $364,000
2022 $5,092 $434,100 $128,600 $305,500
2021 $4,923 $395,700 $116,900 $278,800
2020 $4,683 $379,800 $116,900 $262,900
2019 $4,391 $346,000 $116,900 $229,100
2018 $4,130 $319,400 $116,900 $202,500
2017 $3,873 $293,600 $105,300 $188,300
2016 $3,759 $276,200 $105,200 $171,000
2015 $3,696 $270,800 $105,200 $165,600
Source: Public Records

Agents Affiliated with this Home

  • Kathryn Tully

    Seller's Agent in 2017

    Kathryn Tully

    Century 21 North East

    (508) 633-7785

    3 in this area

    42 Total Sales

    Kathryn Tully
    Section Image

  • B

    Buyer's Agent in 2017

    Bethany Pratt

    Churchill Properties

    (617) 388-9571

    1 in this area

    10 Total Sales

    Bethany Pratt
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72083085

MLS Property Information Network (MLS PIN)

APN: GLOU-000017-000117

Massachusetts Essex County Gloucester 01930 Central Gloucester

18 Wells St, Gloucester, MA

Not Listed for Sale

MultiFamily

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