NOT LISTED FOR SALE

29 Prospect St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $524,881 - $652,000

5 Beds
2 Baths
1,794 Sq Ft
$331/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $535,000 $298 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,683/month

4 Days on Market

About This Home

As of December 2021

Excellent owner occupied or investment opportunity! Downtown Gloucester and minutes from MBTA, Shaws Market and many of Gloucester great restaurants. Also nearby Pavillion Beach which is best known from being the location of St Peter's Fiesta and Beauport Hotel. This property includes many updates such as gas conversion from oil with new boilers, water heaters and electrical updating. All utilities are separated per unit along with a separate common area meter. The basement has been sectioned for individual storage for each unit. Smoke and carbon detectors have been hardwired. Both units have easy access to a small and manageable fenced yard. 1st floor unit will be vacant. 2nd floor tenant may be willing to negotiate staying. Coin-op washer and dryer available to both tenants in the basement. First Showings at open house, Saturday, November 13, 2021. 11am-2pm. Masks required for tenant safety.

Last Listed By

Heather Dagle

RE/MAX Beacon Listed on: 11/09/2021

RE/MAX Beacon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,351

Year Built

  • 1900

Lot Details

  • 3,049

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,351

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: 128 North to Washington St. Left onto Prospect St.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Has Basement: Full, Bulkhead, Concrete, Unfinished
  • Total Bathrooms: 2
  • MAIN LO: C95600
  • LIST PRICE PER Sq Ft: 294.87
  • PRICE PER Sq Ft: 298.22
  • MAIN SO: AN3013
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Wood,Carpet, Unit 2(Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom With Tub & Shower), Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 3
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Storage
  • Foundation Details: Granite
  • Construction Type: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Home Warranty: No
  • Waterfront Features: Beach Front, Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Electric: 110 Volts
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, Marina, Public School, T-Station, Sidewalks
  • HOA Rent Includes: Unit 1(None), Unit 2(None)
  • Senior Community: No

Schools

  • High School: Ghs
  • Middle Or Junior School: 0'maley

Lot Info

  • LOT SIZE: 3037
  • PAGE: 409
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3049.2
  • Zoning: R-5

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 30000
  • Property Net Operating Income: 30000
  • Number Of Units Total: 2
  • Total Actual Rent: 2500

Tax Info

  • Tax Annual Amount: 4068
  • Tax Book Number: 24391
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 29, 2021
Sold by
Buchanan Christopher
Bought by
Rainone Alexandra and Rainone Anthony
Seller's Agent
Heather Dagle
RE/MAX Beacon
Buyer's Agent
Jason Silks
Chinatti Realty Group, Inc.
List Price
$529,000
Sold Price
$535,000
Premium/Discount to List
$6,000
1.13%
Total Days on Market
4
Current Estimated Value
$592,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,970
Avg. Annual Appreciation
3.38%
Original Mortgage
$401,250
Outstanding Balance
$375,048
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,985

Purchase Details

Closed on
Jun 7, 2005
Sold by
Brigham Allison E and Linquata Allison E
Bought by
Buchanan Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,250
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2003
Sold by
Carl Mary and Favazza Carlo L
Bought by
Linquata Allison E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
5.99%
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
Rainone Alexandra $535,000 None Available
Buchanan Christopher $356,350 --
Linquata Allison E $283,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainone Alexandra $401,250
Previous Owner Buchanan Christopher $303,000
Previous Owner Buchanan Christopher $300,000
Previous Owner Linquata Allison E $294,150
Previous Owner Linquata Allison E $292,250
Previous Owner Linquata Allison E $73,100
Previous Owner Linquata Allison E $253,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $535,000 +1.1% $298 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $529,000 -- $295 / 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 $4,351 $447,200 $117,700 $329,500
2024 $4,351 $447,200 $117,700 $329,500
2023 $4,487 $423,700 $105,100 $318,600
2022 $4,208 $358,700 $91,400 $267,300
2021 $4,068 $327,000 $83,100 $243,900
2020 $3,861 $313,100 $83,100 $230,000
2019 $3,598 $283,500 $83,100 $200,400
2018 $3,364 $260,200 $83,100 $177,100
2017 $3,158 $239,400 $74,800 $164,600
2016 $3,070 $225,600 $74,800 $150,800
2015 $3,015 $220,900 $74,800 $146,100
Source: Public Records

Agents Affiliated with this Home

  • Heather Dagle

    Seller's Agent in 2021

    Heather Dagle

    RE/MAX

    (508) 982-3124

    7 in this area

    22 Total Sales

    Heather Dagle
    Section Image
  • Jason Silks

    Buyer's Agent in 2021

    Jason Silks

    Chinatti Realty Group, Inc.

    (978) 727-6428

    1 in this area

    38 Total Sales

    Jason Silks
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72918009

MLS Property Information Network (MLS PIN)

APN: GLOU-000015-000039

Massachusetts Essex County Gloucester 01930 Central Gloucester

29 Prospect St, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 29 Prospect St, Gloucester, MA 01930 since 09 November 2021 and is currently estimated at $592,970, approximately $330 per square foot. This property was built in 1900. 29 Prospect St is a home located in Essex County with nearby schools including Beeman Memorial, Ralph B O'maley Middle School, and Gloucester High School.

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