NOT LISTED FOR SALE

Estimated Value: $562,525 - $651,000

4 Beds
2 Baths
1,548 Sq Ft
$403/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $570,000 $368 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,869/month

49 Days on Market

Highlights

  • Granite Flooring
  • 3-minute walk to Gloucester
  • Corner Lot
  • Deck
  • Property is near public transit
  • Patio

About This Home

As of October 2022

Don't miss out on this great 2 Family home located in central Gloucester. Easy access to shopping, restaurants, public transportation and Route 128 for commuters. Light and bright units were painted roughly two years ago and have many updates. First floor has hardwood floors, stainless steel appliances, tiled back splash, overhead ceiling fans, interior basement access to get to laundry and a bonus room which could be used as an office. Second floor has a tiled kitchen, laundry in unit, overhead ceiling fans, lots of closet space and a pull down attic. All separate utilities including two water meters. Off street parking for 3 cars. Shown by appointment.

Last Agent to Sell the Property

Lori Bouchie

RE/MAX Beacon Listed on: 07/13/2022

RE/MAX Beacon

Last Buyer's Agent

Stephen Pereira

Dell Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,502

Year Built

  • Built in 1900

Lot Details

  • 2,800 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 1,548 Sq Ft Home
  • Property has 1 Level
  • Interior Basement Entry
  • Washer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Patio
  • Rain Gutters

Location

  • Property is near public transit

Schools

  • O'maley Middle School
  • Gloucester High School

Utilities

  • 3 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Shops
  • Net Operating Income $40,200

Listing and Financial Details

  • Total Actual Rent $3,350
  • Assessor Parcel Number M:0025 B:0052 L:0000,1894748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,502

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Carpet,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Microwave,Refrigerator,Washer,Dryer), Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Interior Entry, Bulkhead
  • Living Area: 1548
  • Stories Total: 3
  • MAIN LO: AN4305
  • LIST PRICE PER Sq Ft: 374.03
  • PRICE PER Sq Ft: 368.22
  • MAIN SO: AN1378

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Fenced
  • Foundation Details: Granite
  • Patio And Porch Features: Deck - Composite, Patio
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0025 B:0052 L:0000,1894748
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2800
  • Lot Size Units: Acres
  • PAGE: 339
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4502
  • Tax Book Number: 23099

Multi Family

  • Gross Income: 40200
  • Net Operating Income: 40200
  • Number Of Units Total: 2
  • Total Actual Rent: 3350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Duarte Jaqueline C
Bought by
Alves Camila S and Duarte Jaqueline C
Total Days on Market
49
Current Estimated Value
$623,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 25, 2019
Sold by
Margiotta Accursio
Bought by
Margiotta Accursio and Margiotta Jessica

Purchase Details

Closed on
Jul 7, 2004
Sold by
Wilson Peter
Bought by
Margiotta Accursio

Purchase Details

Closed on
Mar 26, 1992
Sold by
Great Atlantic Mtg Co
Bought by
Boston 5C Sb

Purchase Details

Closed on
Oct 31, 1988
Sold by
27 Addison St R T
Bought by
Hull Wm H
Source: Public Records

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Range of Values:

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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
Alves Camila S -- None Available
Alves Camila S -- None Available
Alves Camila S -- None Available
Margiotta Accursio -- --
Margiotta Accursio $265,000 --
Margiotta Accursio $265,000 --
Boston 5C Sb $76,300 --
Boston 5C Sb $76,300 --
Hull Wm H $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duarte Jaqueline C $25,000
Previous Owner Duarte Jaqueline C $484,500
Previous Owner Margiotta Accursio $308,000
Previous Owner Margiotta Accursio $326,400
Previous Owner Hull Wm H $346,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $570,000 -1.6% $368 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $579,000 0.0% $374 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $579,000 -- $374 / 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 $4,617 $474,500 $116,500 $358,000
2024 $4,617 $474,500 $116,500 $358,000
2023 $4,804 $453,600 $104,000 $349,600
2022 $4,502 $383,800 $90,500 $293,300
2021 $4,354 $350,000 $82,300 $267,700
2020 $4,127 $334,700 $82,300 $252,400
2019 $3,836 $302,300 $82,300 $220,000
2018 $3,578 $276,700 $82,300 $194,400
2017 $3,361 $254,800 $74,100 $180,700
2016 $3,266 $240,000 $74,000 $166,000
2015 $3,205 $234,800 $74,000 $160,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73011101

MLS Property Information Network (MLS PIN)

APN: GLOU-000025-000052