Seller's Agent in 2023
Mark Vadala
Vadala Real Estate
(978) 490-0939
24 in this area
52 Total Sales
21 Eastern Ave Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $533,000 - $776,000
4
Beds
2
Baths
2,144
Sq Ft
$302/Sq Ft
Est. Value
Highlights
- Marina
- Medical Services
- Granite Flooring
- Golf Course Community
- City View
- Deck
About This Home
As of November 2023Centrally located 2-family with detached 2-car garage close to Gloucester's historic downtown, beaches and Rt. 128! This property is an excellent opportunity for both investors and owner occupants, with a 4-room 2-bedroom unit on the first floor which is currently rented for $1,924/month, and a 5-room 2-bedroom townhouse-style unit on the 2nd and 3rd floors which is currently owner-occupied and has been freshly painted. Each unit has its own heat and electric, and each has its own deck. Recent updates include new roof and vinyl replacement windows throughout in 2009, new 8-foot sliding glass door in 2009, new decks (2009-2010), 2 gas heating systems in 2010, new vinyl and Pergo flooring in 2021 and new hot water tank in 2022. Perfect location for commuters!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,952
Year Built
- Built in 1812 | Remodeled
Lot Details
- 6,000 Sq Ft Lot
- Fenced
- Sloped Lot
- Cleared Lot
Parking
- 2 Car Garage
- Tandem Parking
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Post and Beam
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,144 Sq Ft Home
- Property has 1 Level
- Wood Burning Fireplace
- Insulated Windows
- Window Screens
- Insulated Doors
- Mud Room
- City Views
Kitchen
- Dishwasher
- Disposal
Flooring
- Wood
- Pine Flooring
- Laminate
- Granite
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
- Block Basement Construction
Home Security
- Home Security System
- Intercom
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- East Veterans Elementary School
- O'maley Middle School
- GHS High School
Utilities
- No Cooling
- 3 Heating Zones
- No Heating
- Separate Meters
- 110 Volts
- 100 Amp Service
- Natural Gas Connected
Additional Features
- Energy-Efficient Thermostat
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $1,924
- Rent includes unit 1(heat electric gas water hot water)
- Tax Lot 12
- Assessor Parcel Number M:0050 B:0012 L:0000,1896322
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Park
- Jogging Path
Building Details
- Electric Expense $1,750
- Insurance Expense $2,400
- Water Sewer Expense $1,600
- Operating Expense $13,450
- Net Operating Income $23,760
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 10, 2024
Sold by
Dambrosio Francis
Bought by
Eastern Light Rental Prop
Current Estimated Value
Purchase Details
Listed on
Aug 11, 2023
Closed on
Nov 8, 2023
Sold by
Mario Stephen C
Bought by
Dambrosio Francis
Seller's Agent
Mark Vadala
Vadala Real Estate
Buyer's Agent
Mark Vadala
Vadala Real Estate
List Price
$629,900
Sold Price
$640,000
Premium/Discount to List
$10,100
1.6%
Views
57
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%
Purchase Details
Closed on
Nov 10, 2008
Sold by
Gallagher Cornelius
Bought by
Mario Stephen C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,329
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eastern Light Rental Prop | -- | None Available | |
| Eastern Light Rental Prop | -- | None Available | |
| Dambrosio Francis | $640,000 | None Available | |
| Mario Stephen C | $205,000 | -- | |
| Mario Stephen C | $205,000 | -- | |
| Mario Stephen C | $205,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mario Stephen C | $202,329 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/09/2023 11/09/23 | Sold | $640,000 | +1.6% | $299 / Sq Ft |
| 08/15/2023 08/15/23 | Pending | -- | -- | -- |
| 08/11/2023 08/11/23 | For Sale | $629,900 | -- | $294 / 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 | $5,476 | $563,400 | $144,500 | $418,900 |
| 2024 | $4,800 | $493,300 | $137,600 | $355,700 |
| 2023 | $4,952 | $467,600 | $122,800 | $344,800 |
| 2022 | $4,697 | $400,400 | $106,800 | $293,600 |
| 2021 | $4,572 | $367,500 | $97,100 | $270,400 |
| 2020 | $4,359 | $353,500 | $97,100 | $256,400 |
| 2019 | $4,113 | $324,100 | $97,100 | $227,000 |
| 2018 | $3,724 | $288,000 | $97,100 | $190,900 |
| 2017 | $3,520 | $266,900 | $87,500 | $179,400 |
| 2016 | $3,442 | $252,900 | $87,500 | $165,400 |
| 2015 | $3,393 | $248,600 | $87,500 | $161,100 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Vadala
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73144600
APN: GLOU-000050-000012
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.
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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