NOT LISTED FOR SALE

Estimated Value: $474,000 - $601,000

3 Beds
2 Baths
1,404 Sq Ft
$377/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $416,000 $296 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,136/month

5 Days on Market

About This Home

As of June 2021

This 2 family home was once used as a chiropractor’s office in the 1990’s. There are many opportunities to make the extra space work for you. Whether you want to live in & rent the secondary space, use it for home office, rent out both spaces, have an investment opportunity with short-term vacation rental, or use it as a single-family home. First floor unit offers 2 BR, 1 BA, kitchen & living room area. Unit two is where you’ll find beautiful exposed boards and beams, an open concept kitchen/living room space with a breakfast bar & an upper level bedroom loft with views of the inner harbor. This space has separate outdoor entrance. Outside you’ll find a small courtyard, 2 car parking & fenced yard, perfect for an urban garden or private outdoor oasis for the for the warmer months. Location is key, within walking distance to downtown, easy access to 128 & just a 5 minute drive to Good Harbor Beach or Stage Fort Park. Claim your Gloucester beach sticker & this little slice of Cape Ann

Last Agent to Sell the Property

Jennifer Anderson

RE/MAX Beacon Listed on: 04/29/2021

RE/MAX Beacon

Last Buyer's Agent

Dustin Roberts

Fiv Realty Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,994

Year Built

  • Built in 1900

Lot Details

  • 1,742

Schools

  • GHS High School

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,994

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 277.07
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 7
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN4305
  • Main So: AN5001
  • Estimated Sq Ft: 1404.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2
  • Hot Water: Natural Gas

Schools

  • Middle School: O'Maley
  • High School: GHS

Lot Info

  • Assessments: 302300.00
  • Acre: 0.04
  • Lot Size: 1890.00
  • Page: 191
  • Zoning: R-5
  • Lot Description: Corner

Multi Family

  • Heat Units: 1
  • Total Levels: 3
  • Total Rms: 7
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3760.00
  • Assessor Parcel Number: 1896324
  • Tax Year: 2021

MLS Schools

  • High School: GHS
  • Middle School: O'Maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 30, 2021
Sold by
Duff Elizabeth B Est
Bought by
Pedro Jeffrey
Seller's Agent
Jennifer Anderson
RE/MAX Beacon
Buyer's Agent
Dustin Roberts
Fiv Realty Co.
List Price
$389,000
Sold Price
$416,000
Premium/Discount to List
$27,000
6.94%
Current Estimated Value
$528,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,774
Avg. Annual Appreciation
6.96%
Original Mortgage
$408,465
Outstanding Balance
$374,612
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$179,207

Purchase Details

Closed on
Jun 17, 2004
Sold by
Duff Elizabeth B and Shaw Gretchen G
Bought by
Duff Elizabeth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
6.33%

Purchase Details

Closed on
Oct 19, 2001
Sold by
Eck Stephen A
Bought by
Shaw Gretchen G and Duff Elizabeth B

Purchase Details

Closed on
Jun 18, 1998
Sold by
Lynch Mary K
Bought by
Eck Stephen A

Purchase Details

Closed on
Oct 23, 1991
Sold by
Engel John F
Bought by
Lynch Mary K
Source: Public Records

Range of Values:

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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
Pedro Jeffrey $416,000 None Available
Duff Elizabeth B $13,075 --
Shaw Gretchen G $175,000 --
Eck Stephen A $116,000 --
Lynch Mary K $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedro Jeffrey $408,465
Previous Owner Lynch Mary K $165,053
Previous Owner Lynch Mary K $12,384
Previous Owner Lynch Mary K $188,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $416,000 +6.9% $296 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $389,000 -- $277 / 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 $3,994 $410,500 $112,500 $298,000
2024 $3,994 $410,500 $112,500 $298,000
2023 $4,115 $388,600 $100,400 $288,200
2022 $3,863 $329,300 $87,300 $242,000
2021 $3,761 $302,300 $79,400 $222,900
2020 $3,571 $289,600 $79,400 $210,200
2019 $3,334 $262,700 $79,400 $183,300
2018 $3,123 $241,500 $79,400 $162,100
2017 $2,932 $222,300 $71,500 $150,800
2016 $2,876 $211,300 $71,500 $139,800
2015 $2,826 $207,000 $71,500 $135,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72823081

MLS Property Information Network (MLS PIN)

APN: GLOU-000050-000014