NOT LISTED FOR SALE

Estimated Value: $810,000 - $1,063,000

7 Beds
3 Baths
4,280 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $900,000 $210 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,838/month

45 Days on Market

Highlights

  • Granite Flooring
  • Attic
  • Home Office
  • Property is near public transit
  • Corner Lot
  • 5-minute walk to Burnham's Field

About This Home

As of October 2024

The Captain Somes House has watched over downtown for over 200 years. The first one level unit has three to four bedrooms plus a living room, dining room, den and office. The other two units are two level and consist of two bedrooms each and both have a living room and a dining room. There are separate meters for electric and each unit is served by a forced hot water boiler. Many original fireplaces and flooring and other architectual features are intact. This is the ideal layout for use as an office on the first level with two units above for additional income. Or, if you are a frequent visitor to Gloucester for its many restaurants, museums and the new music venue - then keep one of the units for your own use with everything you want to do just around the corner. Plus the MBTA station is less than 1/2 mile away. Think about leaving your car home and take the train.

Last Agent to Sell the Property

Ruth Pino

RE/MAX Beacon Listed on: 07/15/2024

RE/MAX Beacon

Last Buyer's Agent

Nathan Klairmont

Concept Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,498

Year Built

  • Built in 1806

Lot Details

  • 6,350 Sq Ft Lot
  • Corner Lot
  • Sloped Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 4,280 Sq Ft Home
  • Living Room
  • Dining Room
  • Home Office
  • Storm Windows
  • Range
  • Attic

Flooring

  • Wood
  • Pine Flooring
  • Laminate
  • Granite

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub
  • Separate Shower

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 6 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Rain Gutters

Location

  • Property is near public transit

Schools

  • Egs/Vets Elementary School
  • O'maley Middle School
  • GHS High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $5,325
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Tax Lot 14
  • Assessor Parcel Number M:0014 B:0014 L:0000

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Electric Expense $250
  • Insurance Expense $4,296
  • Water Sewer Expense $2,522
  • Operating Expense $11,281
  • Net Operating Income $52,619

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,498

Year Built

Built in 1806

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1806
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Laminate, Hardwood, Pine
  • Interior Amenities: Bathroom with Shower Stall, Walk-Up Attic, Bathroom With Tub, Living Room, Dining Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partial, Interior Entry
  • Living Area: 4280
  • Spa YN: No
  • Stories Total: 5
  • Window Features: Storm Window(s)
  • MAIN LO: AN8171
  • MAIN SO: AN3962

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Ocean, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 2522

Lot Info

  • Parcel Number: M:0014 B:0014 L:0000
  • Zoning: CCD
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Sloped
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6350
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9498
  • Tax Lot: 14

Multi Family

  • Electric Expense: 250
  • Insurance Expense: 4296
  • Net Operating Income: 52619
  • Number Of Units Total: 3
  • Operating Expense: 11281
  • Total Actual Rent: 5325
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

MLS Schools

  • High School: Ghs
  • Elementary School: Egs/Vets
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2024
Sold by
Bonaccorso William S and Prouty Richard G
Bought by
Prouty Alan S and Prouty Richard G
Current Estimated Value
$940,015

Purchase Details

Closed on
Aug 24, 2020
Sold by
Prouty Doris E and Prouty Richard G
Bought by
Prouty Alan S and Prouty Richard G

Purchase Details

Closed on
Aug 12, 2015
Sold by
Accord Rt and Prouty
Bought by
Prouty Richard G and Prouty Doris E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2004
Sold by
Lodge Pleasant St Nt and Lodge
Bought by
Prouty Richard G
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
Prouty Alan S -- None Available
Prouty Alan S -- None Available
Bonaccorso William S -- None Available
Prouty Alan S -- None Available
Prouty Alan S -- None Available
Prouty Alan S -- None Available
Prouty Richard G -- --
Prouty Richard G -- --
Prouty Richard G -- --
Prouty Richard G $625,000 --
Prouty Richard G $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prouty Richard G $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $900,000 -2.7% $210 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/18/2024 08/18/24 Price Changed $925,000 -7.3% $216 / Sq Ft
07/15/2024 07/15/24 For Sale $998,000 -- $233 / 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 $10,189 $1,048,200 $212,000 $836,200
2024 $9,498 $976,200 $202,000 $774,200
2023 $9,890 $933,900 $180,300 $753,600
2022 $8,903 $759,000 $153,300 $605,700
2021 $8,626 $693,400 $139,300 $554,100
2020 $8,167 $662,400 $139,300 $523,100
2019 $7,576 $597,000 $139,300 $457,700
2018 $7,274 $562,600 $139,300 $423,300
2017 $7,016 $531,900 $132,700 $399,200
2016 $6,497 $477,400 $133,200 $344,200
2015 $6,375 $467,000 $133,200 $333,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73264834

MLS Property Information Network (MLS PIN)

APN: GLOU-000014-000014