NOT LISTED FOR SALE

Estimated Value: $627,000 - $813,000

7 Beds
3 Baths
2,780 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $345,000 $124 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,223/month

97 Days on Market

About This Home

As of April 2016

This over sized two family centrally located in Gloucester is an excellent opportunity for investment or assistance with mortgage payments for the home owner. The first floor is a two bedroom unit and the unit above is a two level unit offering 4/5 bedrooms depending on use.The property offers a newer roof and furnace, separate utilities,1 car garage and off street parking. Also in close proximity to commuter rail, shopping, restaurants and all Gloucester has to offer. Property does need some interior tlc and is being sold "as is."

Last Agent to Sell the Property

Roger Minton

Coldwell Banker Realty - Manchester Listed on: 01/06/2016

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Mark Ventimiglia

Vadala Real Estate

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Easements
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
  • Electric: 60 Amps/Less, Individually Metered
  • Flooring: Wall to Wall Carpet, Hardwood
  • Basement: Full, Interior Access, Unfinished Basement
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Gutters, Storage Shed, Garden Area
  • Foundation: Granite
  • Beach: Harbor
  • Beach Ownership: Public

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heat Zones: 1
  • Hot Water: Oil, Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Sewer: City/Town Sewer
  • Water: City/Town Water, Individual Meter

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: R 5

Multi Family

  • Heat Units: 1
  • Total Bedrooms: 7
  • Total Fireplaces: 2
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
Apr 29, 2016
Sold by
Orlando Ft
Bought by
Beloff Jennifer and Cooney Matthew G
Seller's Agent
Roger Minton
Coldwell Banker Realty - Manchester
Buyer's Agent
Mark Ventimiglia
Vadala Real Estate
List Price
$369,000
Sold Price
$345,000
Premium/Discount to List
-$24,000
-6.5%
Current Estimated Value
$721,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,325
Avg. Annual Appreciation
7.87%
Original Mortgage
$338,751
Outstanding Balance
$270,283
Interest Rate
3.73%
Mortgage Type
FHA
Estimated Equity
$451,042

Purchase Details

Closed on
Apr 25, 2008
Sold by
Orlando Antonina
Bought by
Orlando Ft
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
Beloff Jennifer $345,000 --
Orlando Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beloff Jennifer $338,751
Previous Owner Orlando Ft $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $345,000 -6.5% $124 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $369,000 -- $133 / 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 $5,867 $603,600 $127,000 $476,600
2024 $5,771 $593,100 $120,900 $472,200
2023 $5,981 $564,800 $108,000 $456,800
2022 $5,603 $477,700 $93,900 $383,800
2021 $5,424 $436,000 $85,400 $350,600
2020 $5,131 $416,100 $85,400 $330,700
2019 $4,763 $375,300 $85,400 $289,900
2018 $4,419 $341,800 $85,400 $256,400
2017 $4,205 $318,800 $76,900 $241,900
2016 $3,996 $293,600 $76,900 $216,700
2015 $3,916 $286,900 $76,900 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71945701

MLS Property Information Network (MLS PIN)

APN: GLOU-000023-000012