197 E Main St Gloucester, MA 01930
East Gloucester NeighborhoodEstimated payment $5,088/month
Highlights
- Marina
- Medical Services
- Open Floorplan
- Golf Course Community
- Harbor Views
- Deck
About This Home
Iconic and storied East Gloucester location with three floors of amazing potential! First floor condo unit is formerly Duckworth's Bistrot. This space could be a restaurant, office or business or could be converted to residential with a special permit. First floor consists of a large great room with beautiful floor to ceiling windows, half bath, kitchen and washroom. Second/Third floor condo unit is a two-story apartment, with high ceilings, great light and lovely views of the harbor. Large roof deck overlooking Smith Cove and Gloucester Harbor. The apartment consists of three bedrooms, one bathroom, large living room, dining room and kitchen with views. (Two other condo units are possibly available if desired for a total of 4 units. Inquire about pricing). Outdoor space currently holds a walk-in refrigerator but could be a patio space. You are in the heart of East Gloucester with Smith Cove on your doorstep, North Shore Art Association around the corner and Rocky Neck minutes away.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,353
Year Built
- Built in 1900
Lot Details
- 2,460 Sq Ft Lot
- Corner Lot
- Irregular Lot
Parking
- Open Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,305 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Living Room
- Dining Room
- Home Office
- Storage
- Harbor Views
- Unfinished Basement
- Partial Basement
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit
- Property is near schools
Utilities
- Ductless Heating Or Cooling System
- 1 Cooling Zone
- 2 Heating Zones
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Separate Meters
- 220 Volts
Community Details
Overview
- 2 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Jogging Path
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,136 | $734,200 | $342,600 | $391,600 |
| 2024 | $6,134 | $709,800 | $326,300 | $383,500 |
| 2023 | $6,134 | $669,400 | $291,300 | $378,100 |
| 2022 | $6,134 | $577,400 | $253,300 | $324,100 |
| 2021 | $6,134 | $500,400 | $230,300 | $270,100 |
| 2020 | $6,134 | $481,500 | $230,300 | $251,200 |
| 2019 | $0 | $478,800 | $230,300 | $248,500 |
| 2018 | $0 | $473,400 | $230,300 | $243,100 |
| 2017 | -- | $459,800 | $219,400 | $240,400 |
| 2016 | -- | $459,700 | $219,300 | $240,400 |
| 2015 | -- | $459,700 | $219,300 | $240,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Price Changed | $899,000 | -10.0% | $390 / Sq Ft |
| 10/29/2025 10/29/25 | For Sale | $999,000 | -- | $433 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $750,000 | -- | |
| Deed | $750,000 | -- | |
| Deed | $120,000 | -- | |
| Deed | $120,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $484,000 | Commercial | |
| Closed | $484,000 | Commercial | |
| Previous Owner | $568,000 | Commercial | |
| Previous Owner | $142,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73448930
APN: GLOU-000063-000037
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