NOT LISTED FOR SALE

Estimated Value: $871,000 - $1,034,044

5 Beds
3 Baths
2,700 Sq Ft
$356/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $910,000 $337 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,844/month

3 Days on Market

Highlights

  • Medical Services
  • Waterfront
  • Covered Patio or Porch
  • Granite Flooring
  • Property is near public transit
  • 2 Car Garage

About This Home

As of May 2022

This was once a grand Victorian home in the Riverdale section of Gloucester and now a three family property. First and second floor apartments are two bedrooms, and the third floor apartment is one bedroom which was newly built in 2019. The home has a garage and sits on a large lot and has plenty of parking. Large backyard. Separate meters for heat and hot water. Seller owns kitchen appliances and there are hookups for washers and dryers in the basement. Location is great with quick access to the highway, downtown, train station and beaches.

Last Agent to Sell the Property

Robert Cuddyer

Coldwell Banker Realty - Manchester Listed on: 03/17/2022

Last Buyer's Agent

Tracy Gothie

J. Barrett & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,060

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Waterfront
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • 2,700 Sq Ft Home
  • Triplex
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Carpet
  • Granite
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available
  • Gas Water Heater

Additional Features

  • Dishwasher
  • Washer and Electric Dryer Hookup
  • Covered Patio or Porch

Listing and Financial Details

  • Total Actual Rent $1,700
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 1898063

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Additional Features

  • Medical Services
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,060

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Vinyl,Carpet, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors), Unit 3(Tile Floor,Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Cathedral/Vaulted Ceilings,Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Dishwasher,Refrigerator), Gas Water Heater,Electric Water Heater, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 2700
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 314.44
  • PRICE PER Sq Ft: 337.04
  • MAIN SO: C95243

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Covered
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Hot Water Radiators,Gas,Unit Control), Unit 2(Hot Water Radiators,Gas), Unit 3(Electric Baseboard)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Medical Facility, Highway Access, House of Worship, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1898063
  • Zoning: R10
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Sq Ft: 12196.8
  • Lot Size Units: Acres
  • LOT SIZE: 12201
  • PAGE: 0190

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7060
  • Tax Book Number: 36880

Multi Family

  • Gross Income: 20400
  • Net Operating Income: 20400
  • Number Of Units Total: 3
  • Total Actual Rent: 1700
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2018
Sold by
John F Burdow Jr Ret
Bought by
Budrow Nathan P
Current Estimated Value
$960,261

Purchase Details

Closed on
Jan 13, 2017
Sold by
Budrow John F
Bought by
John F Budrow Jr Ret
Source: Public Records

Range of Values:

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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
Budrow Nathan P -- --
John F Budrow Jr Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budrow Nathan $220,000
Previous Owner Budrow John $131,000
Previous Owner Budrow John $140,000
Previous Owner Budrow John $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $910,000 +7.2% $337 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $849,000 -- $314 / 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 $7,828 $804,500 $167,700 $636,800
2024 $7,828 $804,500 $167,700 $636,800
2023 $7,761 $732,900 $149,800 $583,100
2022 $7,002 $596,900 $130,300 $466,600
2021 $6,772 $544,400 $118,400 $426,000
2020 $5,174 $419,600 $118,400 $301,200
2019 $5,169 $407,300 $118,400 $288,900
2018 $4,828 $373,400 $118,400 $255,000
2017 $4,531 $343,500 $106,600 $236,900
2016 $4,347 $319,400 $106,600 $212,800
2015 $4,267 $312,600 $106,600 $206,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72954507

MLS Property Information Network (MLS PIN)

APN: GLOU-000085-000082