$799,000
SOLD APR 17, 2024
5 Beds
3 Baths
2,564 Sq Ft
3,690 Sq Ft Lot

Recently Sold

$312 Per Sq Ft

3 Days on Market

Highlights

  • Marina
  • Harbor Views
  • Property is near public transit
  • Medical Services
  • Deck
  • 3-minute walk to Benjamin Smith Playground at Cripple Cove

About This Home

As of April 2024

EAST GLOUCESTER 2 FAMILY: Fantastic opportunity to own a well-maintained, conveniently located multi-family property with downtown & harbor views from 2 decks. First floor unit has 2 bedrooms, 1 bath. Kitchen and bath both recently updated. Granite kitchen counters, stackable W/D in unit, and a private entrance. Second floor unit has 2 large decks, 3 bedrooms, office space , 2 full baths, a large kitchen with counter seating, a laundry room with W/D, and radiant heat, energy recovery ventilation. Great owner occupied property. Separate utilities and paid by tenants This is a one-of-a-kind property with many great features such as hardwood floors, Anderson Permashield windows, and insulation. Fantastic location: 1/2 Mile to Gloucester's downtown with a myriad of shops and restaurants, 3/4 mile to Good Harbor, and 1 Mile Rocky Neck.

Last Agent to Sell the Property

The Susan Schale Team

Keller Williams Realty Evolution Listed on: 03/14/2024

Keller Williams Realty Evolution

Last Buyer's Agent

Amanda Armstrong

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,002

Year Built

  • Built in 1900

Lot Details

  • 3,690 Sq Ft Lot
  • Corner Lot

Property Views

  • Harbor
  • City

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,564 Sq Ft Home
  • Property has 1 Level
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Partial Basement
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

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

Outdoor Features

  • Balcony
  • Deck
  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • East Veterans Elementary School
  • O'maley Middle School
  • Gloucester High School

Listing and Financial Details

  • Total Actual Rent $3,350
  • Assessor Parcel Number 1896652

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Park

Additional Features

  • 2 Units
  • Net Operating Income $40,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,002

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Living Room, Dining Room, Kitchen, Laundry Room, Family Room, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partial
  • Living Area: 2564
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Screens
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 311.62
  • PRICE PER Sq Ft: 311.62
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed, Deck - Wood, Covered
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: City View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Harbor
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Marina, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1896652
  • Zoning: R - 5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3690
  • Lot Size Units: Acres
  • PAGE: 439
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6002
  • Tax Book Number: 35309

Multi Family

  • Gross Income: 40200
  • Net Operating Income: 40200
  • Number Of Units Total: 2
  • Total Actual Rent: 3350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Waterview: Harbor, Walk to

MLS Schools

  • High School: Gloucester
  • Elementary School: East Veterans
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2016
Closed on
Sep 30, 2016
Sold by
Testeverde Anthony P
Bought by
Levy Tyler M
Seller's Agent
Heath Team
North Shore's Gold Coast Realty
Buyer's Agent
Susan Schale
Keller Williams Realty Evolution
List Price
$419,000
Sold Price
$382,500
Premium/Discount to List
-$36,500
-8.71%
Current Estimated Value
$812,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,871
Avg. Annual Appreciation
8.98%
Original Mortgage
$363,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Fuller D Ames
Bought by
Testaverde Anthony P

Purchase Details

Closed on
Jun 1, 2000
Sold by
Balestraci Barbara M
Bought by
Fuller D Ames and Fuller Maxine E
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 $382,500 --
Deed $329,000 --
Deed $329,000 --
Deed $165,000 --
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $565,000 Stand Alone Refi Refinance Of Original Loan
Closed $559,300 Purchase Money Mortgage
Closed $363,000 New Conventional
Previous Owner $290,485 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $799,000 0.0% $312 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $799,000 +108.9% $312 / Sq Ft
09/30/2016 09/30/16 Sold $382,500 -8.7% $149 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $419,000 0.0% $163 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
06/18/2016 06/18/16 For Sale $419,000 -- $163 / 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 $6,002 $616,900 $132,900 $484,000
2024 $6,002 $616,900 $132,900 $484,000
2023 $6,213 $586,700 $118,700 $468,000
2022 $5,816 $495,800 $103,200 $392,600
2021 $5,624 $452,100 $93,800 $358,300
2020 $5,322 $431,600 $93,800 $337,800
2019 $4,926 $388,200 $93,800 $294,400
2018 $4,576 $353,900 $93,800 $260,100
2017 $4,408 $334,200 $89,400 $244,800
2016 $4,268 $313,600 $93,300 $220,300
2015 $4,186 $306,700 $93,300 $213,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73212377

MLS Property Information Network (MLS PIN)

APN: GLOU-000054-000078