NOT LISTED FOR SALE

34 Millett St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $468,992 - $723,000

5 Beds
3 Baths
2,809 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 03, 2023

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

Est. 48% increase in value since last sale

Current estimated payment $3,807/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 and Pam 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
  • Buyer Agency: 2
  • Transaction Broker: 2
  • 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
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Walk-Out Access
  • Living Area: 2809
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: C95247
  • LIST PRICE PER Sq Ft: 163.4
  • PRICE PER Sq Ft: 144.18
  • 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 Area: 0.09
  • Lot Size Sq Ft: 3780
  • Lot Size Units: Acres
  • PAGE: 531
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5174.1
  • Tax Book Number: 12976
  • Tax Lot: 112
  • Tax Map Number: 28

Multi Family

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

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 and Pam 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
$600,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,998
Avg. Annual Appreciation
18.27%
Original Mortgage
$360,000
Outstanding Balance
$350,550
Interest Rate
6.27%
Mortgage Type
Commercial
Estimated Equity
$253,275
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 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
Previous Owner Dahlmer Debra M $22,000
Previous Owner Decaro Joseph A $303,000
Previous Owner Decaro Joseph A $269,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 $5,511 $566,400 $122,900 $443,500
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 and Pam Lane

    Seller's Agent in 2023

    Peter and Pam Lane

    North Shore's Gold Coast Realty

    (978) 689-5431

    28 in this area

    82 Total Sales

    Peter and Pam Lane
    Section Image
  • Catherine Driscoll

    Buyer's Agent in 2023

    Catherine Driscoll

    Wellsco Realty Partners

    (978) 808-8794

    Section Image
See All Agents

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

This home is located at 34 Millett St, Gloucester, MA 01930 since 20 September 2022 and is currently estimated at $600,998, approximately $213 per square foot. This property was built in 1900. 34 Millett St is a home located in Essex County with nearby schools including East Veterans Memorial Elementary, Ralph B O'maley Middle School, and Gloucester High School.

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