Seller's Agent in 2021
Mark Pitzi
Coldwell Banker Realty - Beverly
(978) 816-6552
1 in this area
91 Total Sales
32 Warner St Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $580,000 - $777,655
7
Beds
3
Baths
2,276
Sq Ft
$316/Sq Ft
Est. Value
About This Home
As of October 2021Well-maintained 3 family Investment in Downtown Gloucester! Cash Flow Opportunity! This building consists of three 5 room units each with 2-3 bedrooms. Low maintenance building with recent upgrades done in all of the units. All kitchens and bathrooms have been updated within the past 5 years. New roof in 2018. Large common area in basement with washer & dryer and plenty of extra storage space. All utilities are separated. Driveway with off-street parking for 2 vehicles. Conveniently located near downtown Gloucester’s restaurants, shops and waterfront. Easy access to Rt 128 and MBTA. Current leases have below market rents. $5k+ in potential monthly income! 3rd floor owner-occupied unit would like option to rent month to month or have subject to finding suitable housing. Come take advantage of the great cash flow opportunity for investors or owner-occupied while renting out the other units. First showings at Open House Sunday 8/29 from 12-2pm. Offers due Monday 8/30 at 5pm.
Property Details
Home Type
- Multi-Family
Year Built
- 1920
Lot Details
- 3,049
Interior Spaces
- Property has 1 Level
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2021
Closed on
Oct 28, 2021
Sold by
Oliver John
Bought by
Mondello Peter D
Seller's Agent
Mark Pitzi
Coldwell Banker Realty - Beverly
Buyer's Agent
Jennifer Anderson
RE/MAX Beacon
List Price
$599,900
Sold Price
$650,000
Premium/Discount to List
$50,100
8.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,664
Avg. Annual Appreciation
2.44%
Original Mortgage
$520,000
Outstanding Balance
$475,219
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,445
Purchase Details
Listed on
Jun 19, 2016
Closed on
Sep 1, 2016
Sold by
Gloucester Collection
Bought by
Oliver John
Seller's Agent
Fred Newton
Sovereign Realty Advisors, LLC
Buyer's Agent
Mark Pitzi
Coldwell Banker Realty - Beverly
List Price
$390,000
Sold Price
$392,500
Premium/Discount to List
$2,500
0.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$314,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 29, 2014
Closed on
Mar 4, 2015
Sold by
Kelly Shawn F and Kelly Jacquelin A
Bought by
Gloucester Collection
Seller's Agent
Fred Newton
Sovereign Realty Advisors, LLC
Buyer's Agent
Fred Newton
Sovereign Realty Advisors, LLC
List Price
$409,000
Sold Price
$350,000
Premium/Discount to List
-$59,000
-14.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$930,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 16, 2008
Sold by
Halloran Janis M and Halloran Paul J
Bought by
Kelly Shawn F
Purchase Details
Closed on
May 3, 2004
Sold by
Derosa Nicholas A
Bought by
Halloran Paul J
Purchase Details
Closed on
Jul 2, 2001
Sold by
Saunders Michael H
Bought by
Derosa Nicholas A
Purchase Details
Closed on
Nov 26, 1997
Sold by
Bonbon Michael W and Bonbon Michel W
Bought by
Saunders Michael H
Purchase Details
Closed on
Aug 16, 1994
Sold by
Silva Joaquim C and Silva Eugenia R
Bought by
Bonbon Michael W
Purchase Details
Closed on
Mar 10, 1987
Sold by
Conary Walter H
Bought by
Holderness Gilbert C
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mondello Peter D | $650,000 | None Available | |
| Oliver John | $392,500 | -- | |
| Gloucester Collection | $1,080,000 | -- | |
| Kelly Shawn F | $320,000 | -- | |
| Halloran Paul J | $411,250 | -- | |
| Derosa Nicholas A | $249,500 | -- | |
| Saunders Michael H | $169,000 | -- | |
| Bonbon Michael W | $111,000 | -- | |
| Holderness Gilbert C | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mondello Peter D | $520,000 | |
| Previous Owner | Oliver John | $314,000 | |
| Previous Owner | Gloucester Collection | $930,000 | |
| Previous Owner | Holderness Gilbert C | $87,000 | |
| Previous Owner | Holderness Gilbert C | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $650,000 | +8.4% | $286 / Sq Ft | |
| 08/31/2021 08/31/21 | Pending | -- | -- | -- | |
| 08/26/2021 08/26/21 | For Sale | $599,900 | +52.8% | $264 / Sq Ft | |
| 09/01/2016 09/01/16 | Sold | $392,500 | +0.6% | $172 / Sq Ft | View Prior Sale |
| 06/27/2016 06/27/16 | Pending | -- | -- | -- | |
| 06/19/2016 06/19/16 | For Sale | $390,000 | +11.4% | $171 / Sq Ft | |
| 03/04/2015 03/04/15 | Sold | $350,000 | -14.4% | $154 / Sq Ft | View Prior Sale |
| 02/02/2015 02/02/15 | Pending | -- | -- | -- | |
| 08/29/2014 08/29/14 | For Sale | $409,000 | -- | $180 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,980 | $615,200 | $123,000 | $492,200 |
| 2024 | $5,569 | $572,400 | $117,100 | $455,300 |
| 2023 | $5,798 | $547,500 | $104,500 | $443,000 |
| 2022 | $5,223 | $445,300 | $90,900 | $354,400 |
| 2021 | $5,056 | $406,400 | $82,700 | $323,700 |
| 2020 | $4,784 | $388,000 | $82,700 | $305,300 |
| 2019 | $4,430 | $349,100 | $82,700 | $266,400 |
| 2018 | $4,249 | $328,600 | $82,700 | $245,900 |
| 2017 | $4,035 | $305,900 | $74,400 | $231,500 |
| 2016 | $3,692 | $271,300 | $74,400 | $196,900 |
| 2015 | $3,458 | $253,300 | $74,400 | $178,900 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Pitzi
-
Jennifer Anderson
Buyer's Agent in 2021
Jennifer Anderson
RE/MAX
16 in this area
51 Total Sales
-
Fred Newton
Seller's Agent in 2016
Fred Newton
Sovereign Realty Advisors, LLC
(978) 865-3148
1 in this area
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72886480
APN: GLOU-000029-000066
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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