NOT LISTED FOR SALE

Estimated Value: $574,344 - $711,000

7 Beds
4 Baths
2,300 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $355,000 $154 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,855/month

12 Days on Market

Highlights

  • Ocean View
  • Balcony
  • Wall to Wall Carpet

About This Home

As of August 2018

Investors looking for excellent rental income or condo conversion possibilities will find it in this three family home with separate utilities and 5 off-street parking spaces. Or owner occupy the top level which has lovely ocean views of Good Harbor Beach and have the other units pay for your mortgage. Units need some work and is reflected in the list price. Property being sold "as is". Open House & Group Showings Only. First group showing Thur 4 - 6pm and open house Sun 12-2:00. All offers, if any, will be reviewed Monday 7/16 at noon.

Last Agent to Sell the Property

Nancy Judge

Keller Williams Realty Evolution Listed on: 07/09/2018

Keller Williams Realty Evolution

Last Buyer's Agent

Tanya Palmer

Palmer Properties & Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,657

Year Built

  • Built in 1900

Lot Details

  • 2,614

Flooring

  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Ocean Views
  • Balcony
  • Year Round Access
  • Electric Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0046 B:0081 L:0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,657

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 147.78
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1900

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet
  • Total Flrs: 6
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full, Dirt Floor
  • Main Lo: C95236
  • Main So: B95071
  • Estimated Sq Ft: 2300.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Balcony
  • Foundation: Fieldstone
  • Foundation Size: 23x30

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Hot Water: Electric

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Highway Access, Public School

Schools

  • Elementary School: Veterans
  • Middle School: O'Maley
  • High School: Gloucester

Lot Info

  • Assessments: 282700.00
  • Acre: 0.06
  • Lot Size: 2700.00
  • Page: 156
  • Parcel Number: M:0046 B:0081 L:0000
  • Zoning: R4
  • Lot Description: Corner, Scenic View(s)

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • Total Levels: 4
  • Total Rms: 14
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 3655.00
  • Assessor Parcel Number: 1896069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Aug 21, 2018
Sold by
Costello Michael and Deiana Robert V
Bought by
Palmer Michael J
Seller's Agent
Nancy Judge
Keller Williams Realty Evolution
Buyer's Agent
Tanya Palmer
Palmer Properties & Real Estate, Inc.
List Price
$339,900
Sold Price
$355,000
Premium/Discount to List
$15,100
4.44%
Current Estimated Value
$653,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,836
Avg. Annual Appreciation
8.60%
Original Mortgage
$266,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2011
Sold by
Frederick Ferris and Holland Paul R
Bought by
Gloucester City Of

Purchase Details

Closed on
Mar 11, 2005
Sold by
39 Perkins St Rt
Bought by
Ferris Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.64%

Purchase Details

Closed on
Mar 1, 2004
Sold by
Holland Paul R and Deiana Robert V
Bought by
39 Perkins Street Rt

Purchase Details

Closed on
Nov 26, 2003
Sold by
Arnold Scott
Bought by
Holland Paul R

Purchase Details

Closed on
Jan 3, 1995
Sold by
Fnma
Bought by
Arnold Scott

Purchase Details

Closed on
Jan 27, 1993
Sold by
Iacopucci Ronald J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 30, 1988
Sold by
Moses Gregory
Bought by
Iacopucci Ronald J
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
Palmer Michael J $355,000 --
Gloucester City Of $971 --
Ferris Frederick -- --
39 Perkins Street Rt -- --
Holland Paul R $335,000 --
Arnold Scott $62,500 --
Federal National Mortgage Association $72,000 --
Iacopucci Ronald J $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Michael J $266,250
Previous Owner Iacopucci Ronald J $326,250
Previous Owner Iacopucci Ronald J $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2018 08/21/18 Sold $355,000 +4.4% $154 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $339,900 -- $148 / 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 $4,657 $478,600 $116,100 $362,500
2024 $4,657 $478,600 $116,100 $362,500
2023 $4,936 $466,100 $103,600 $362,500
2022 $4,470 $381,100 $90,100 $291,000
2021 $4,329 $348,000 $81,900 $266,100
2020 $4,107 $333,100 $81,900 $251,200
2019 $3,798 $299,300 $81,900 $217,400
2018 $3,655 $282,700 $81,900 $200,800
2017 $3,468 $262,900 $73,800 $189,100
2016 $3,217 $236,400 $73,800 $162,600
2015 $3,302 $241,900 $73,800 $168,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72358517

MLS Property Information Network (MLS PIN)

APN: GLOU-000046-000081