NOT LISTED FOR SALE

2 Summit St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $581,315 - $688,000

4 Beds
2 Baths
1,870 Sq Ft
$349/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $340,000 $182 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,827/month

28 Days on Market

About This Home

As of November 2017

Two family on large corner lot. Ideal for investor or owner occupier. New roof in 2010, large fenced-in side yard and back yard with patio. Two off street parking spaces with more on street. Additional storage in basement and shed. Washer & dryer hook ups in each unit. First floor occupied by TAW for last twelve years. Second floor unit delivered vacant. Tenants pay own utilities. Property being sold "as is".

Last Agent to Sell the Property

Fred Newton

Sovereign Realty Advisors, LLC Listed on: 09/05/2017

Last Buyer's Agent

Mark Vadala

Vadala Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,603

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Insc: 1151
  • Year Built Description: Unknown/Mixed
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: NB4772
  • Main So: C95600
  • Estimated Sq Ft: 1870.00

Exterior Features

  • Construction: Frame
  • Exterior: Shingles
  • Foundation: Granite
  • Beach: Ocean

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewer: 1927

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: R5
  • Acre: 0.16
  • Lot Size: 6970.00

Multi Family

  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 8
  • Total Rent_1: 1800
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2017
Closed on
Nov 17, 2017
Sold by
Angelson Catherine H and Angelson John L
Bought by
Perrine Ashley
Seller's Agent
Fred Newton
Sovereign Realty Advisors, LLC
Buyer's Agent
Mark Vadala
Vadala Real Estate
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%
Current Estimated Value
$652,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,079
Avg. Annual Appreciation
7.45%
Original Mortgage
$338,751
Outstanding Balance
$287,876
Interest Rate
3.85%
Mortgage Type
FHA
Estimated Equity
$309,944

Purchase Details

Closed on
Jun 1, 1963
Bought by
Angelson John L
Source: Public Records

Range of Values:

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Average Value
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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
Perrine Ashley $345,000 --
Angelson John L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrine Ashley $338,751
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $340,000 -2.6% $182 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $349,000 -- $187 / 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 $4,603 $473,100 $143,100 $330,000
2024 $4,603 $473,100 $143,100 $330,000
2023 $4,733 $446,900 $127,800 $319,100
2022 $4,442 $378,700 $111,100 $267,600
2021 $4,294 $345,200 $101,000 $244,200
2020 $4,082 $331,100 $101,000 $230,100
2019 $3,826 $301,500 $101,000 $200,500
2018 $3,596 $278,100 $101,000 $177,100
2017 $3,371 $255,600 $91,000 $164,600
2016 $3,280 $241,000 $91,000 $150,000
2015 $3,225 $236,300 $91,000 $145,300
Source: Public Records

Agents Affiliated with this Home

  • Fred Newton

    Seller's Agent in 2017

    Fred Newton

    Sovereign Realty Advisors, LLC

    (978) 865-3148

    2 in this area

    8 Total Sales

    Fred Newton
    Section Image
  • Mark Vadala

    Buyer's Agent in 2017

    Mark Vadala

    Vadala Real Estate

    (978) 490-0939

    21 in this area

    51 Total Sales

    Mark Vadala
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72222536

MLS Property Information Network (MLS PIN)

APN: GLOU-000028-000100

Massachusetts Essex County Gloucester 01930 Central Gloucester

2 Summit St, Gloucester, MA

This home is located at 2 Summit St, Gloucester, MA 01930 since 05 September 2017 and is currently estimated at $652,079, approximately $348 per square foot. This property was built in 1900. 2 Summit St is a home located in Essex County with nearby schools including East Veterans Memorial Elementary, Ralph B O'maley Middle School, and Gloucester High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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