NOT LISTED FOR SALE

Estimated Value: $602,000 - $832,405

5 Beds
3 Baths
2,564 Sq Ft
$295/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $518,000 $202 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,739/month

35 Days on Market

About This Home

As of August 2017

Back on the Market due to Buyers' financing. This handsome Victorian in the heart of East Gloucester is currently set up as a two family, but could easily be converted back to a single family. The first floor has two bedrooms, its own parking and deck. The larger upper unit has three to four bedrooms and two full baths and it has access to the garage plus a cozy deck with pergola overlooking the mature landscaping and gardens. Easily converted back to a single family, the home would have four or more bedrooms and three full baths as a single. Newer roof, windows and paint. The seller is only its second owner. Located a couple of blocks from East Gloucester School and just over a mile to the footbridge at Good Harbor Beach and only a half mile to the Gloucester Stage Company.

Last Listed By

Ruth Pino

RE/MAX Beacon Listed on: 05/24/2017

RE/MAX Beacon

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,384

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner, Fenced/Enclosed, Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public School
  • Electric: 220 Volts, 200 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Wall to Wall Carpet
  • Basement: Full, Interior Access, Bulkhead
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: C58300
  • Main So: AN1532
  • Estimated Sq Ft: 2564.00

Exterior Features

  • Frontage: 50.00
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Deck, Gutters, Garden Area
  • Foundation: Granite
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Hot Water: Electric
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: East Gloucester
  • Middle School: O'maley
  • High School: Ghs

Lot Info

  • Assessor Parcel Number: M:0064 B:0017 L:0000
  • Zoning: R10
  • Lot: 17
  • Acre: 0.12
  • Lot Size: 5300.00

Multi Family

  • Foundation: 32x17
  • Heat Units: 2
  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 11
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Aug 7, 2017
Sold by
Gibbs Catharine and Gibbs David P
Bought by
Barton Michael and Barton Michelle
Seller's Agent
Ruth Pino
RE/MAX Beacon
Buyer's Agent
Jane Meterparel and Brian Marvelley
Churchill Properties
List Price
$498,000
Sold Price
$518,000
Premium/Discount to List
$20,000
4.02%
Total Days on Market
35
Current Estimated Value
$755,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,351
Avg. Annual Appreciation
5.27%
Original Mortgage
$362,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2007
Sold by
Goodick Robert V
Bought by
Gibbs Catharine and Gibbs David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

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
Barton Michael $518,000 --
Gibbs Catharine $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barton Michelle A $351,000
Closed Barton Michael $362,600
Previous Owner Gibbs David P $280,000
Previous Owner Gibbs Catharine $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2017 08/07/17 Sold $518,000 +4.0% $202 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $498,000 0.0% $194 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $498,000 -- $194 / 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 $6,384 $656,100 $192,800 $463,300
2024 $6,384 $656,100 $192,800 $463,300
2023 $6,570 $620,400 $172,200 $448,200
2022 $6,139 $523,400 $146,300 $377,100
2021 $5,944 $477,800 $133,000 $344,800
2020 $5,652 $458,400 $133,000 $325,400
2019 $5,298 $417,500 $133,000 $284,500
2018 $4,540 $351,100 $133,000 $218,100
2017 $4,353 $330,000 $126,700 $203,300
2016 $4,246 $312,000 $127,100 $184,900
2015 $4,182 $306,400 $127,100 $179,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72170310

MLS Property Information Network (MLS PIN)

APN: GLOU-000064-000017