NOT LISTED FOR SALE

Estimated Value: $877,101 - $1,049,000

5 Beds
3 Baths
4,047 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $764,000 $189 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,927/month

9 Days on Market

About This Home

As of October 2021

Expansive-Well Maintained Three-Family Home situated in Gloucester’s desirable central district. A distinctive well-built home capturing 13-spacious rooms with a walk-up attic of four additional rooms. Each unit is pristine in condition all with private entrances, separate natural gas heat, electric and laundry systems. The polished first-floor unit is a sprawling showcase with gleaming hardwood floors, high ceilings and a plethora of windows inviting sunlight into all areas of the unit. The other two units with its spacious sun-drenched rooms divide the second floor. A common hall with walk-up staircase provides access to a four-room attic. Below rests a full concrete-floored basement with two interior and one exterior access points. Three-car parking with potential for five on possible second curb cut. Located in a tranquil downtown neighborhood with easy access to highway, beaches, harbor walks and commuter rail.

Last Listed By

Richard Petralia

Churchill Properties Listed on: 09/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,877

Year Built

  • 1900

Lot Details

  • 4,356

Additional Features

  • Property has 1 Level
  • 4 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,877

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: Rte 128 to Washington St to Granite St to Summer St or Rogers St to Washington St to Granite St to
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual,Renovated Since
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Range, Unit 1(Range,Dishwasher,Microwave,Refrigerator,Dryer,Washer / Dryer Combo,Vent Hood), Unit 2(Range,Refrigerator,Washer), Unit 3(Range,Microwave,Refrigerator,Washer,Dryer,Vent Hood), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Has Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
  • Total Bathrooms: 3
  • MAIN LO: AN4851
  • LIST PRICE PER Sq Ft: 185.32
  • PRICE PER Sq Ft: 188.78
  • MAIN SO: C95600
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Tile,Vinyl,Carpet,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Wall to Wall Carpet)
  • Interior Amenities: Storage, Other (See Remarks), Unit 1(Ceiling Fans,Storage,Crown Molding,Stone/Granite/Solid Counters,Upgraded Cabinets,Bathroom With Tub & Shower,Open Floor Plan,Internet Available - Broadband,Other (See Remarks)), Unit 2(Ceiling Fans,Storage,Bathroom With Tub,Internet Available - Broadband), Unit 3(Ceiling Fans,Pantry,Storage,Bathroom With Tub & Shower,Internet Available - Broadband,Other (See Remarks)), Unit 1 Rooms(Dining Room,Kitchen,Family Room,Mudroom), Unit 2 Rooms(Living Room,Kitchen,Office/Den), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 5

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Garden
  • Foundation Details: Brick/Mortar, Granite
  • Property Condition: Unit 1 Remodeled
  • Construction Type: Frame
  • Disclosures: Current Rents Under Market For Family Member And Other Long-Term Tenant. Currently Two-Car Side-By-Side Parking Potentially Expandable To Three-Car Parking With One In Tandem. Buyer And Their Agents Are To Perform Their Own Due Diligence. Second-Floor Units Have Walk Up Attic W/Four Additional Rooms
  • Exclusions: Washer In Unit 2. Washer & Dryer In Unit 3
  • Lot Features: Corner Lot, Level
  • Waterfront Features: Beach Front, Beach Access, Harbor, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street, Paved, Unpaved
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Cooling: None, Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: None, Unit 1(Hot Water Baseboard,Gas,Unit Control), Unit 2(Hot Water Baseboard,Gas,Unit Control), Unit 3(Hot Water Baseboard,Gas,Unit Control)
  • HEAT UNITS: 3
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: 110 Volts, 220 Volts, Circuit Breakers, 200+ Amp Service, Individually Metered
  • Heating Yn: No
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 3 Laundry Room
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, Sidewalks
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 2400

Schools

  • Elementary School: Beeman
  • High School: Gloucester
  • Middle Or Junior School: O'maley

Lot Info

  • LOT SIZE: 4263
  • PAGE: 324
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4356
  • Zoning: R5

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 2
  • Insurance Expense: 3160
  • Number Of Units Total: 3
  • Annual Operating Expense: 5785

Tax Info

  • Tax Annual Amount: 7138.07
  • Tax Book Number: 32964
  • Tax Lot: 064
  • Tax Map Number: 006
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Oct 29, 2021
Sold by
Santina Aloi 2013 Ret
Bought by
Emerson Cory W and Emerson Michael B
Seller's Agent
Richard Petralia
Churchill Properties
Buyer's Agent
Mark Vadala
Vadala Real Estate
List Price
$750,000
Sold Price
$764,000
Premium/Discount to List
$14,000
1.87%
Total Days on Market
9
Current Estimated Value
$946,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,275
Avg. Annual Appreciation
7.51%
Original Mortgage
$608,000
Outstanding Balance
$566,332
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$422,420

Purchase Details

Closed on
Nov 19, 2013
Sold by
Aloi Santina
Bought by
Santina Aloi Ret

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
Emerson Cory W $764,000 None Available
Santina Aloi Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerson Cory W $36,200
Open Emerson Cory W $608,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $764,000 +1.9% $189 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/06/2021 09/06/21 For Sale $750,000 -- $185 / 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 $7,877 $809,600 $126,300 $683,300
2024 $7,877 $809,600 $126,300 $683,300
2023 $8,233 $777,400 $112,800 $664,600
2022 $7,381 $629,200 $98,100 $531,100
2021 $7,138 $573,800 $89,200 $484,600
2020 $6,731 $545,900 $89,200 $456,700
2019 $6,181 $487,100 $89,200 $397,900
2018 $5,666 $438,200 $89,200 $349,000
2017 $5,391 $408,700 $80,300 $328,400
2016 $4,921 $361,600 $80,300 $281,300
2015 $4,816 $352,800 $80,300 $272,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72890211

MLS Property Information Network (MLS PIN)

APN: GLOU-000006-000064