NOT LISTED FOR SALE

Estimated Value: $392,000 - $536,340

3 Beds
2 Baths
1,219 Sq Ft
$366/Sq Ft Est. Value

Sale Details

Date Sold: July 22, 2025

Last sale price $420,000 $345 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,691 / mo

7 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Medical Services
  • Property is near public transit and schools
  • Corner Lot

About This Home

As of July 2025

Investment Opportunity in the Heart of Downtown Gloucester. Investors, Rehabbers, will not qualify for FHA. This two-family property offers incredible potential for investors or owner-occupants. Located in the vibrant heart of downtown Gloucester, just a short walk to beaches, the boulevard, shops, and restaurants.The home features two units: Unit 1: Two-bedroom Unit 2: One-bedroom, each unit has it's own laundry.Ideal for rental income or multi-generational living. With rehabbing, this property can become a true money-maker in a highly desirable location. Don’t miss your chance to invest in one of Gloucester’s most walkable and sought-after neighborhoods.Family has lived in as single family, with all systems in place to remain as a 2 family, property is being sold in "AS IS" condition. in need of work.

Last Agent to Sell the Property

Deborah Purcell

Coldwell Banker Realty - Manchester Listed on: 06/12/2025

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Patty Knaggs

RE/MAX Beacon

RE/MAX Beacon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,006

Year Built

  • Built in 1900

Lot Details

  • 2,252 Sq Ft Lot
  • Corner Lot
  • Property is zoned R-5

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Schools

  • Gloucester High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • 2 Heating Zones

Additional Features

  • Walking Distance to Water
  • Property is near public transit and schools

Listing and Financial Details

  • Tax Block 0024
  • Assessor Parcel Number 1893599

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,006

Year Built

Built in 1900

Lot Details

2,252 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1900
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Interior Amenities: Bedroom, Kitchen, Bathroom, Living/Dining Rm Combo
  • Fireplace YN: No
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: First
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • Above Grade Finished Sq Ft: 1219
  • Below Grade Sq Ft: 857
  • Living Area: 1219
  • Spa YN: No
  • MAIN LO: AN6181
  • MAIN SO: AN8171

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Access, Harbor, Ocean, Walk to, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1893599
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2252
  • Lot Size Units: Acres
  • Property Attached YN: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4006
  • Tax Block: 0024
  • Tax Lot: 0000

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Gloucester High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2025
Closed on
Jul 10, 2025
Sold by
Ryan Lewis
Bought by
Wu Libin
Seller's Agent
Deborah Purcell
Coldwell Banker Realty - Manchester
Buyer's Agent
Patty Knaggs
RE/MAX Beacon
List Price
$459,000
Sold Price
$420,000
Premium/Discount to List
-$39,000
-8.5%
Views
193
Current Estimated Value
$446,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,585
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Jun 4, 1998
Sold by
Viola Joseph and Viola Grace A
Bought by
Ryan Lewis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,082
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wu Libin $420,000 --
Wu Libin $420,000 --
Wu Libin $420,000 --
Ryan Lewis $90,000 --
Ryan Lewis D $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryan Lewis D $159,640
Previous Owner Ryan Lewis D $132,300
Previous Owner Ryan Lewis D $90,082
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2025 07/22/25 Sold $420,000 -8.5% $345 / Sq Ft
06/19/2025 06/19/25 Pending -- -- --
06/12/2025 06/12/25 For Sale $459,000 -- $377 / 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 $4,084 $420,200 $119,800 $300,400
2024 $4,006 $411,700 $114,100 $297,600
2023 $4,127 $389,700 $101,900 $287,800
2022 $3,873 $330,200 $88,600 $241,600
2021 $3,746 $301,100 $80,500 $220,600
2020 $3,556 $288,400 $80,500 $207,900
2019 $3,322 $261,800 $80,500 $181,300
2018 $3,114 $240,800 $80,500 $160,300
2017 $2,923 $221,600 $72,500 $149,100
2016 $2,862 $210,300 $72,500 $137,800
2015 $2,812 $206,000 $72,500 $133,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73389970

MLS Property Information Network (MLS PIN)

APN: GLOU-000006-000024

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