NOT LISTED FOR SALE

38 Millett St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $578,000 - $762,339

5 Beds
6 Baths
2,016 Sq Ft
$348/Sq Ft Est. Value

Last Sold September 17, 2015

Last sale price $395,000 $196 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,407/month

24 Days on Market

About This Home

As of September 2015

Newer Construction-13 year young three family income producing property.CLUSTER SHOWING Sat. AUG 1 12-1pm. Buyers to be accompanied with their agent. Located in central Gloucester .Close to Cut through access to Gloucester Crossing shopping center . Just moments to Downtown amenities and Route 128. Short drive to beautiful Gloucester beaches. Enjoy wonderful sunsets from this hilltop city location. This homes has city water and sewer and is very close to MBTA service to Boston and Salem. Fully leased great income producing opportunity. Good condition, potential for Owner Occupied, extended family home or great revenue producing investment opportunity. Potential to purchase a property package with 38R Millett St. Gross income includes Coin-op Laundry in basement of $3,730.

Last Agent to Sell the Property

Cynthia Burrell

North Shore's Gold Coast Realty Listed on: 07/25/2015

Last Buyer's Agent

David Silen

117 Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,007

Year Built

2002

Lot Details

0

Listing Details

  • Lot Description: Easements, City View(s), Gentle Slope
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2002

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station, Other (See Remarks)
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Basement: Full, Interior Access, Sump Pump, Concrete Floor, Unfinished Basement

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Modular
  • Exterior: Vinyl
  • Exterior Features: Deck, Gutters, Screens, City View(s), Garden Area
  • Foundation: Poured Concrete
  • Beach: Harbor, Ocean, Walk to
  • Beach Ownership: Public

Utilities

  • Hot Water: Natural Gas, Electric
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Schools

  • Elementary School: Veterans
  • Middle School: O"maley
  • High School: Ghs

Lot Info

  • Zoning: R4

Multi Family

  • APOD Available: Yes
  • Cooling Common: None
  • Expenses Year End: 12/15
  • Heating Common: Gas
  • Heat Units: 3
  • Common Room: Laundry
  • Total Bedrooms: 5
  • Total Floors: 5
  • Total Full Baths: 4
  • Total Half Baths: 2
  • Total Levels: 2
  • Total Rms: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2015
Closed on
Sep 17, 2015
Sold by
Ic Rt
Bought by
Silver Line Properties
Seller's Agent
Cynthia Burrell
North Shore's Gold Coast Realty
Buyer's Agent
David Silen
117 Realty
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$713,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,318
Avg. Annual Appreciation
5.96%
Source: Public Records

Range of Values:

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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
Silver Line Properties $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Line Llc $20,850
Open Silver Line Prop Llc $532,000
Previous Owner Sneirson Gerald M $210,000
Previous Owner Sneirson Gerald M $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2015 09/17/15 Sold $395,000 0.0% $196 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
07/25/2015 07/25/15 For Sale $395,000 -- $196 / 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 $6,007 $617,400 $103,800 $513,600
2024 $6,007 $617,400 $103,800 $513,600
2023 $6,275 $592,500 $92,700 $499,800
2022 $5,649 $481,600 $80,600 $401,000
2021 $5,574 $448,100 $73,300 $374,800
2020 $5,265 $427,000 $73,300 $353,700
2019 $4,853 $382,400 $73,300 $309,100
2018 $4,641 $358,900 $73,300 $285,600
2017 $4,420 $335,100 $66,000 $269,100
2016 $4,088 $300,400 $66,000 $234,400
2015 $4,002 $293,200 $66,000 $227,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cynthia Burrell

    North Shore's Gold Coast Realty

    (978) 283-4440

    1 Total Sale

    Section Image
  • David Silen

    Buyer's Agent in 2015

    David Silen

    117 Realty

    (781) 727-6064

    49 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71879311

MLS Property Information Network (MLS PIN)

APN: GLOU-000028-000110

Massachusetts Essex County Gloucester 01930 Central Gloucester

38 Millett St, Gloucester, MA

This home is located at 38 Millett St, Gloucester, MA 01930 since 25 July 2015 and is currently estimated at $702,335, approximately $348 per square foot. This property was built in 2002. 38 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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