NOT LISTED FOR SALE

34 Millett St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $475,137 - $534,000

5 Beds
3 Baths
2,809 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $405,000 $144 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,997/month

57 Days on Market

Highlights

  • Medical Services
  • Deck
  • Jogging Path
  • City View
  • Property is near public transit
  • 3-minute walk to Burnham's Field

About This Home

As of February 2023

Build some sweat equity renovating this central Gloucester 3 family fixer upper! Consists of 2 BR, 2 BR and 1 BR apartments. Recent improvements already done for you are 3 new heating systems, 3 new hot water heaters, a new roof in 2022, and new sewer line! 2 apartments will need total renovation, one unit you could move in with some cosmetics. Low maintenance vinyl siding. 2 rear decks and large front entry porch. 3 car gravel off street parking in rear. All separate utilities. Close to Burnham's Field playground, downtown Gloucester, churches, shops, restaurants, and convenient to T station. Being sold "as is". 2 BR basement apt. is vacant. Please see affordable housing restrictions document attached relating to units 1 and 2.

Last Agent to Sell the Property

Peter Lane

North Shore's Gold Coast Realty Listed on: 09/20/2022

Last Buyer's Agent

Catherine Driscoll

Wellsco Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,174

Year Built

  • Built in 1900

Lot Details

  • 3,780 Sq Ft Lot
  • Fenced
  • Cleared Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,809 Sq Ft Home
  • Insulated Windows
  • City Views
  • Built-In Oven
  • Washer

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,100
  • Tax Lot 112
  • Assessor Parcel Number 1895146

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,174

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Carpet, Unit 2(Wall to Wall Carpet), Unit 3(Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Wall Oven,Refrigerator), Unit 2(Range,Refrigerator,Washer,Dryer), Unit 3(Range), Gas Water Heater,Tankless Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Walk-Out Access
  • Living Area: 2809
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: C95247
  • MAIN SO: AN5406

Exterior Features

  • Exterior Features: Unit 3 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Stone/Gravel
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Forced Air,Gas,Individual,Unit Control), Unit 2(Hot Water Baseboard,Gas,Individual,Unit Control), Unit 3(Hot Water Baseboard,Gas)
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1895146
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3780
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5174.1
  • Tax Lot: 112

Multi Family

  • Net Operating Income: 13200
  • Number Of Units Total: 3
  • Total Actual Rent: 1100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Feb 3, 2023
Sold by
Dahlmer Debra M Est
Bought by
Washington Phoenix Llc
Seller's Agent
Peter Lane
North Shore's Gold Coast Realty
Buyer's Agent
Catherine Driscoll
Wellsco Realty Partners
List Price
$479,900
Sold Price
$405,000
Premium/Discount to List
-$74,900
-15.61%
Views
68
Current Estimated Value
$503,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,784
Avg. Annual Appreciation
7.82%
Original Mortgage
$360,000
Outstanding Balance
$347,780
Interest Rate
6.27%
Mortgage Type
Commercial
Estimated Equity
$156,004
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
Washington Phoenix Llc $405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Washington Phoenix Llc $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $405,000 -11.8% $144 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $459,000 -4.4% $163 / Sq Ft
10/24/2022 10/24/22 For Sale $479,900 0.0% $171 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $479,900 -- $171 / 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 $4,297 $442,100 $129,100 $313,000
2024 $5,511 $566,400 $122,900 $443,500
2023 $5,732 $541,300 $109,800 $431,500
2022 $5,174 $441,100 $95,500 $345,600
2021 $0 $0 $0 $0
2020 $4,740 $384,400 $86,800 $297,600
2019 $4,396 $346,400 $86,800 $259,600
2018 $4,220 $326,400 $86,800 $239,600
2017 $4,007 $303,800 $78,200 $225,600
2016 $3,698 $271,700 $78,100 $193,600
2015 $3,627 $265,700 $78,100 $187,600
Source: Public Records

Agents Affiliated with this Home

  • Peter Lane

    Seller's Agent in 2023

    Peter Lane

    North Shore's Gold Coast Realty

    (978) 689-5431

    25 in this area

    74 Total Sales

    Peter Lane
    Section Image
  • Catherine Driscoll

    Buyer's Agent in 2023

    Catherine Driscoll

    Wellsco Realty Partners

    (978) 808-8794

    2 in this area

    5 Total Sales

    Catherine Driscoll
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73038499

MLS Property Information Network (MLS PIN)

APN: GLOU-000028-000112

Massachusetts Essex County Gloucester 01930 Central Gloucester

34 Millett St, Gloucester, MA

Not Listed for Sale

MultiFamily

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