NOT LISTED FOR SALE

Estimated Value: $408,000 - $673,000

5 Beds
2 Baths
2,080 Sq Ft
$279/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $400,000 $192 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,457/month

2 Days on Market

Highlights

  • City View
  • 5-minute walk to Gloucester
  • Garden
  • Deck
  • Wood Flooring
  • 5-minute walk to Oval Playground

About This Home

As of December 2019

Great Opportunity!! Conveniently located two-family in Gloucester MA, Seasonal views of the city from the back deck. A fenced in back yard with garden shed, rented solar panels on a new roof. Property is close to public transportation and easy on and off access to 128. Ocean is nearby as well as parks, restaurants, hospital, shopping and a bustling seaport. Live in one and rent the other or rent both.

Last Agent to Sell the Property

Nancy Forristall

VRG Massachusetts LLC Listed on: 11/01/2019

Last Buyer's Agent

Salvatore Dimercurio

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 3,485

Outdoor Features

  • Deck
  • Storage Shed

Additional Features

  • City Views
  • Wood Flooring
  • Garden
  • Electric Water Heater

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 173.08
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1992
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1992

Interior Features

  • Fireplaces: 1
  • Flooring: Wood
  • Total Flrs: 1
  • Total Frplcs: 1
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Main Lo: AN4281
  • Main So: C95098
  • Estimated Sq Ft: 2080.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck - Wood, Storage Shed, City View(s), Garden Area
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Solar PV - 3rd Party Owned
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Marina, Public School, T-Station

Lot Info

  • Assessments: 274500.00
  • Acre: 0.08
  • Lot Size: 3500.00
  • Page: 507
  • Zoning: R4
  • Lot Description: Paved Drive, Fenced/Enclosed, Gentle Slope, Scenic View(s)

Green Features

  • Energy Features: Solar Features

Multi Family

  • Total Levels: 2
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 3483.41
  • Assessor Parcel Number: 1894421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 3, 2019
Sold by
Parisi Janice M
Bought by
Zappa Salvatore
Seller's Agent
Nancy Forristall
VRG Massachusetts LLC
Buyer's Agent
Salvatore Dimercurio
Keller Williams Realty Evolution
List Price
$360,000
Sold Price
$400,000
Premium/Discount to List
$40,000
11.11%
Current Estimated Value
$579,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,800
Avg. Annual Appreciation
6.24%
Original Mortgage
$386,650
Outstanding Balance
$334,327
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$245,473

Purchase Details

Closed on
Apr 23, 1992
Sold by
Mccarthy Dev Rt Two
Bought by
Parisi Cosmo D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zappa Salvatore $400,000 None Available
Parisi Cosmo D $131,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zappa Salvatore $386,650
Previous Owner Parisi Cosmo D $278,500
Previous Owner Parisi Cosmo D $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2019 12/09/19 Sold $400,000 +11.1% $192 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $360,000 -- $173 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,556 $468,700 $127,000 $341,700
2024 $4,470 $459,400 $120,900 $338,500
2023 $4,611 $435,400 $108,000 $327,400
2022 $4,327 $368,900 $93,900 $275,000
2021 $4,222 $339,400 $85,400 $254,000
2020 $3,724 $302,000 $85,400 $216,600
2019 $3,483 $274,500 $85,400 $189,100
2018 $3,269 $252,800 $85,400 $167,400
2017 $3,069 $232,700 $76,900 $155,800
2016 $3,069 $225,500 $76,900 $148,600
2015 $3,015 $220,900 $76,900 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72587728

MLS Property Information Network (MLS PIN)

APN: GLOU-000017-000109