$502,000
SOLD AUG 20, 2020
5 Beds
3 Baths
2,085 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$241 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • Deck
  • Porch
  • Patio
  • Wood Flooring

About This Home

As of June 2022

Centrally located on a quiet side street, yet close to 128 with easy access to downtown Gloucester and all of Cape Ann. This stately two family home has much to offer. Sunshine filled rooms with spacious closets, plenty of parking, large, dry, granite basement for storage and projects and a patio area in the back for grilling and time outside. Excellent opportunity for first time buyers with excellent rental income or larger, extended families can operate the property using the internal stairs to easily connect the units. Both units are currently fully furnished and being used for short term rentals. Furnishings are negotiable. Rents indicated do not represent the short-term rental rates. First floor is currently vacant for showing purposes. 2nd floor will be vacant as of 6/30.

Last Agent to Sell the Property

Robert Chilton

Barry Realty Group Listed on: 06/05/2020

Last Buyer's Agent

Rodrigo Azevedo

Pablo Maia Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,604

Year Built

  • Built in 1900

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters
  • Porch

Additional Features

  • Wood Flooring
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,604

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual, Approximate
  • List Price Per Sq Ft: 248.92
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Hardwood
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access, Concrete Floor
  • Main Lo: AN2383
  • Main So: NB1705
  • Estimated Sq Ft: 2085.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch, Deck, Patio, Gutters
  • Foundation: Granite

Garage/Parking

  • Parking Feature: Off-Street, Stone/Gravel, Paved Driveway, On Street Without Permit
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Schools

  • High School: Gloucester High

Lot Info

  • Assessments: 331600.00
  • Lot: 0000
  • Acre: 0.07
  • Lot Size: 3200.00
  • Page: 120
  • Zoning: R4
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 3300
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 4208.00
  • Assessor Parcel Number: 1895661

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Aug 20, 2020
Sold by
Chilton Robert D
Bought by
Passos Andre S and Passos Simone N
Seller's Agent
Robert Chilton
Barry Realty Group
Buyer's Agent
Rodrigo Azevedo
Pablo Maia Realty
List Price
$519,000
Sold Price
$502,000
Premium/Discount to List
-$17,000
-3.28%
Total Days on Market
4
Current Estimated Value
$675,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,442
Avg. Annual Appreciation
6.34%
Original Mortgage
$376,500
Outstanding Balance
$338,457
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$336,985

Purchase Details

Closed on
Oct 11, 2018
Sold by
Moriarty Michael J
Bought by
Chilton Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2004
Sold by
Moriarty Gina C and Moriarty Michael J
Bought by
Moriarty Michael J

Purchase Details

Closed on
Jan 18, 2002
Sold by
Soper Donna M
Bought by
Moriarty Michael J and Moriarty Gina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1996
Sold by
Wildes Gordon J and Wildes Myrna
Bought by
Enslow Donna M
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 Type Sale Price Title Company
Not Resolvable $507,000 None Available
Not Resolvable $310,000 --
Deed -- --
Deed $252,000 --
Deed $116,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $376,500 New Conventional
Previous Owner $232,500 New Conventional
Previous Owner $195,000 No Value Available
Previous Owner $201,600 Purchase Money Mortgage
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $680,000 -2.2% $326 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $695,000 +38.4% $333 / Sq Ft
08/20/2020 08/20/20 Sold $502,000 -3.3% $241 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $519,000 -- $249 / 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 $5,604 $575,900 $129,200 $446,700
2024 $5,604 $575,900 $129,200 $446,700
2023 $5,511 $520,400 $115,300 $405,100
2022 $5,176 $441,300 $100,300 $341,000
2021 $4,757 $382,400 $91,200 $291,200
2020 $4,514 $366,100 $91,200 $274,900
2019 $4,208 $331,600 $91,200 $240,400
2018 $4,131 $319,500 $91,200 $228,300
2017 $3,952 $299,600 $86,800 $212,800
2016 $3,872 $284,500 $90,600 $193,900
2015 $3,803 $278,600 $90,600 $188,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72668788

MLS Property Information Network (MLS PIN)

APN: GLOU-000038-000017