NOT LISTED FOR SALE

Estimated Value: $529,000 - $625,000

4 Beds
3 Baths
2,425 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $465,000 $192 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,481/month

7 Days on Market

About This Home

As of July 2021

Use your creativity and modernize this spacious 3 Family home. Centrally located to everything that Gloucester has to offer, shopping, restaurants, commuter rail, park and inner harbor. Offers low maintenance exterior vinyl siding, replacement windows, and a new main roof in 2015. Nice large fenced-in lawn. All long-term Tenants at Will. All units are individually metered for gas and electric and there are three hot water heaters. There are washer/dryer hook ups in two of the apartments.Open House Sunday May 23rd from 12 - 130pm

Last Agent to Sell the Property

Fintan Madden

RE/MAX Beacon Listed on: 05/15/2021

RE/MAX Beacon

Last Buyer's Agent

AJ Migonis

Vadala Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Year Round Access

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Insc: 3120
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 201.24
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Partial, Walk Out
  • Main Lo: AN4305
  • Main So: C95600
  • Estimated Sq Ft: 2425.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Fieldstone
  • Foundation Size: 22 X 30

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewer: 1286
  • Electric Features: Circuit Breakers, 100 Amps
  • Heat Zones: 3

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station

Lot Info

  • Assessments: 327200.00
  • Lot: 0000
  • Acre: 0.17
  • Lot Size: 7536.00
  • Page: 4
  • Zoning: R-5
  • Lot Description: Corner

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 2648
  • Total Rms: 11
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 4070.37
  • Assessor Parcel Number: 1895310
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jul 2, 2021
Sold by
Vance Christopher H and Vance Laura K
Bought by
Ghobrial Karim and Ghobrial Rachel
Seller's Agent
Fintan Madden
RE/MAX Beacon
Buyer's Agent
AJ Migonis
Vadala Real Estate
List Price
$488,000
Sold Price
$465,000
Premium/Discount to List
-$23,000
-4.71%
Current Estimated Value
$581,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,291
Avg. Annual Appreciation
5.02%
Original Mortgage
$337,500
Outstanding Balance
$303,560
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$277,731

Purchase Details

Listed on
Nov 15, 2017
Closed on
Jan 26, 2018
Sold by
Knaggs Mary P
Bought by
Vance Christopher H
Seller's Agent
Fintan Madden
RE/MAX Beacon
Buyer's Agent
Chad Smith
Mariano Smith & Co.
List Price
$314,888
Sold Price
$305,000
Premium/Discount to List
-$9,888
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%
Original Mortgage
$228,750
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2007
Sold by
Knaggs Mary Patricia
Bought by
Knaggs Maccarthy Ft

Purchase Details

Closed on
Jun 28, 2002
Sold by
Hafey James M
Bought by
Knaggs Mary Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2000
Sold by
Cutter Perkins Rt and Cutter
Bought by
Hafey James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,847
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 1998
Sold by
Ohanley Richard D and Ohanley Nancy R
Bought by
Coll Cynthia J
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
Ghobrial Karim $465,000 None Available
Ghobrial Karim $465,000 None Available
Vance Christopher H $305,000 --
Vance Christopher H $305,000 --
Knaggs Maccarthy Ft -- --
Knaggs Mary Patricia $245,000 --
Hafey James M $180,000 --
Coll Cynthia J $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghobrial Karim $337,500
Closed Ghobrial Karim $337,500
Previous Owner Vance Christopher H $228,750
Previous Owner Coll Cynthia J $224,000
Previous Owner Coll Cynthia J $220,500
Previous Owner Coll Cynthia J $174,847
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2021 07/02/21 Sold $465,000 -4.7% $192 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $488,000 +60.0% $201 / Sq Ft
01/26/2018 01/26/18 Sold $305,000 -3.1% $126 / Sq Ft View Prior Sale
12/19/2017 12/19/17 Pending -- -- --
12/18/2017 12/18/17 For Sale $314,888 +3.2% $130 / Sq Ft
12/15/2017 12/15/17 Off Market $305,000 -- --
12/12/2017 12/12/17 Pending -- -- --
12/06/2017 12/06/17 Price Changed $314,888 -4.3% $130 / Sq Ft
11/15/2017 11/15/17 For Sale $328,888 -- $136 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,759 $489,600 $154,200 $335,400
2024 $4,449 $457,200 $146,800 $310,400
2023 $4,588 $433,200 $131,100 $302,100
2022 $4,206 $358,600 $114,000 $244,600
2021 $4,070 $327,200 $103,700 $223,500
2020 $3,879 $314,600 $103,700 $210,900
2019 $4,193 $330,400 $103,700 $226,700
2018 $3,980 $307,800 $103,700 $204,100
2017 $3,768 $285,700 $93,400 $192,300
2016 $3,522 $258,800 $93,400 $165,400
2015 $3,463 $253,700 $93,400 $160,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72832168

MLS Property Information Network (MLS PIN)

APN: GLOU-000030-000036