NOT LISTED FOR SALE

Estimated Value: $544,000 - $615,000

5 Beds
2 Baths
2,565 Sq Ft
$230/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $475,000 $185 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,493/month

1 Day on Market

About This Home

As of July 2022

Attention Contractors and Investors. Large two-family home in the heart of Gloucester. NEEDS WORK! The second floor has two levels. Off-street parking. Close to historic downtown and the Harborfront, Stacy Boulevard, Stage Fort Park, train, and highway access.

Last Agent to Sell the Property

Kathryn Tully

Century 21 North East Listed on: 05/09/2022

Century 21 North East

Last Buyer's Agent

Armando Vranari

ALB Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 1900

Lot Details

  • 4,052 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 2,565 Sq Ft Home
  • Property has 1 Level
  • Partial Basement
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Heating Available
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $13,200

Listing and Financial Details

  • Total Actual Rent $1,100
  • Rent includes unit 1(water)
  • Assessor Parcel Number 1894617

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,236

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Partial
  • Living Area: 2565
  • Stories Total: 3
  • MAIN LO: AN4339
  • MAIN SO: AN4125

Exterior Features

  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Radiators)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water)

Lot Info

  • Parcel Number: 1894617
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 4052
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5236.27

Multi Family

  • Net Operating Income: 13200
  • Number Of Units Total: 2
  • Total Actual Rent: 1100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $475,000 +10.5% $185 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $429,900 -- $168 / 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 $4,880 $502,100 $131,100 $371,000
2024 $4,791 $492,400 $124,900 $367,500
2023 $5,596 $528,400 $111,500 $416,900
2022 $5,236 $446,400 $97,000 $349,400
2021 $5,061 $406,800 $88,100 $318,700
2020 $4,789 $388,400 $88,100 $300,300
2019 $4,435 $349,500 $88,100 $261,400
2018 $4,342 $335,800 $88,100 $247,700
2017 $4,082 $309,500 $79,400 $230,100
2016 $3,892 $286,000 $79,300 $206,700
2015 $3,814 $279,400 $79,300 $200,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72978116

MLS Property Information Network (MLS PIN)

APN: GLOU-000023-000050