NOT LISTED FOR SALE

38R Millett St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $578,000 - $673,000

3 Beds
2 Baths
1,820 Sq Ft
$340/Sq Ft Est. Value

Last Sold September 17, 2015

Last sale price $225,000 $124 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $3,781/month

24 Days on Market

About This Home

As of September 2015

CLUSTER SHOWING SAT.Aug. 1st. 12-1. Buyers to be accompanied with their agent. Investment opportunity available in the heart of central Gloucester. Income producing 2 unit investment home.This Property may be bundled and purchased together with three unit complex located in front of subject property at 38 Millett Street. Two Streets away from cut through path access to Gloucester Crossing Shopping Plaza. Moments to Route 128 and all city amenities. Located just three blocks away from Commuter Rail "T" service to Boston/Salem. Aggressively priced for immediate sale .Large full size walk out basement.This area holds systems in one area and two finished areas for owner use or as resident Storage Space. Individual utilities per unit. Gas heat and gas cooking. This property enjoys small patio and garden area. Property is subject to 1031 Exchange.

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

$4,751

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Easements, City View(s), Gentle Slope
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Vinyl, Wall to Wall Carpet
  • Basement: Full, Partially Finished, Interior Access, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Patio, Screens, City View(s), Garden Area
  • Foundation: Poured Concrete, Other (See Remarks)
  • Beach: Harbor, Ocean
  • Beach Ownership: Public

Utilities

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

Condo/Co-op/Association

  • Total Units: 2

Schools

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

Lot Info

  • Zoning: R4

Multi Family

  • APOD Available: Yes
  • Expenses Year End: 12/14
  • Foundation: 26x35
  • Total Bedrooms: 3
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 7
  • Total Rent_1: 2090

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Silver Line Prop Llc $320,000
Closed Jay Martel Silver Line $44,000
Closed Silver Line Prop Llc $200,000
Closed Silver Line Properties $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2015 09/17/15 Sold $225,000 -18.2% $124 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
07/25/2015 07/25/15 For Sale $275,000 -- $151 / 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 $4,751 $488,300 $115,400 $372,900
2024 $4,751 $488,300 $115,400 $372,900
2023 $4,670 $441,000 $103,000 $338,000
2022 $4,376 $373,100 $89,600 $283,500
2021 $4,232 $340,200 $81,500 $258,700
2020 $4,011 $325,300 $81,500 $243,800
2019 $3,730 $293,900 $81,500 $212,400
2018 $3,479 $269,100 $81,500 $187,600
2017 $3,268 $247,800 $73,400 $174,400
2016 $2,734 $200,900 $73,300 $127,600
2015 $2,688 $196,900 $73,300 $123,600
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
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71879310

MLS Property Information Network (MLS PIN)

APN: GLOU-000028-000141

Massachusetts Essex County Gloucester 01930 Central Gloucester

38R Millett St, Gloucester, MA

This home is located at 38R Millett St, Gloucester, MA 01930 since 25 July 2015 and is currently estimated at $618,274, approximately $339 per square foot. This property was built in 1900. 38R 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.

Nearby Homes