19 Sadler St Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $485,679 - $594,000
4
Beds
2
Baths
972
Sq Ft
$565/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Park
- Shops
- Corner Lot
About This Home
As of September 2023**INVESTMENT OPPORTUNITY** This 2-unit multi-family property in downtown Gloucester offers an incredible opportunity for a beginning investor to enter the real estate market. Its prime location, versatile unit configurations, and potential for steady rental income make it an appealing prospect for those looking to build their investment portfolio in one of the most desirable markets in the Northeast. Don't miss out on the chance to own a slice of Gloucester's vibrant lifestyle and capitalize on the growing demand for rental properties in this sought-after locale. Seize the moment and make this property your next successful investment venture. Come experience the charm and potential firsthand. Property consists of a 1bed/1bath unit and a 3bed/1 unit. Off-street parking for 2-3 cars; and a backyard for fire-pits, BBQs and entertaining. Property is just a few hundred yards from the new elementary school. Low operating expenses.Tenants pay gas and electric.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,953
Year Built
- Built in 1900
Lot Details
- 2,560 Sq Ft Lot
- Corner Lot
Home Design
- Block Foundation
- Stone Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 972 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $3,600
- Assessor Parcel Number M:0047 B:0023 L:0000,1896124
Community Details
Recreation
- Park
Building Details
- Insurance Expense $2,000
- Water Sewer Expense $900
- Operating Expense $2,900
- Net Operating Income $39,100
Additional Features
- 2 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 1, 2023
Sold by
Figurido Bruce and Seniti-Figurido Maria
Bought by
953 Washington Street Llc
Total Days on Market
0
Current Estimated Value
Purchase Details
Closed on
Jun 30, 2014
Sold by
Mcgillivray 3Rd Stewart and Seniti Giuseppe L
Bought by
Mcgillivray 3Rd Stewart
Purchase Details
Closed on
Jun 20, 2011
Sold by
Loiacano Comp Inc
Bought by
Seniti Giuseppe L and Mcgillivray Stewart
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,169
Interest Rate
4.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 16, 2010
Sold by
Catalini Lillian S and Klimowitz Regina C
Bought by
Loiacano Companies Inc
Similar Homes in Gloucester, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 953 Washington Street Llc | -- | None Available | |
| 19 Sadler Street Llc | -- | None Available | |
| Mcgillivray 3Rd Stewart | -- | -- | |
| Seniti Giuseppe L | $230,000 | -- | |
| Loiacano Companies Inc | $78,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Panagos Megan | $552,802 | |
| Previous Owner | Mcgillivray Stewart | $322,000 | |
| Previous Owner | Loiacano Companies Inc | $224,169 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $563,000 | +2.4% | $579 / Sq Ft |
| 08/11/2023 08/11/23 | Pending | -- | -- | -- |
| 08/11/2023 08/11/23 | For Sale | $550,000 | -- | $566 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $3,841 | $394,800 | $115,500 | $279,300 |
| 2024 | $3,841 | $394,800 | $115,500 | $279,300 |
| 2023 | $3,953 | $373,300 | $103,100 | $270,200 |
| 2022 | $3,714 | $316,600 | $89,600 | $227,000 |
| 2021 | $3,594 | $288,900 | $81,500 | $207,400 |
| 2020 | $3,417 | $277,100 | $81,500 | $195,600 |
| 2019 | $3,200 | $252,200 | $81,500 | $170,700 |
| 2018 | $3,008 | $232,600 | $81,500 | $151,100 |
| 2017 | $2,823 | $214,000 | $73,400 | $140,600 |
| 2016 | $2,795 | $205,400 | $73,400 | $132,000 |
| 2015 | $2,749 | $201,400 | $73,400 | $128,000 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Martin
Seller's Agent in 2023
Steve Martin
Aluxety
(617) 212-3251
3 in this area
27 Total Sales
-
Jill Michaud
Buyer's Agent in 2023
Jill Michaud
Gibson Sotheby's International Realty
(978) 766-8064
3 in this area
28 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73147285
APN: GLOU-000047-000023
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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