Seller's Agent in 2023
Jim Armstrong
Aluxety
(978) 394-6736
1 in this area
67 Total Sales
4 Cross St Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $625,000 - $661,000
6
Beds
3
Baths
2,185
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- Waterfront
- Property is near public transit
- Porch
- Deck
- Walking Distance to Water
- Tankless Water Heater
About This Home
As of February 2023Three family home in the Five Pound Island neighborhood that is located 1 block from the harbor and close to downtown Gloucester with all its great restaurants & shops. This solid building has 2 one bedroom units and 1 four bedroom unit. Some updates have been done including some windows and the roof (5 years old), but needs more TLC. Vinyl sided for easy maintenance. Newer Energy Star high efficiency gas heating system. Separate electric and hot water. Two water heaters are rented at $38/month total. Parking for 2-4 cars in the driveway off of a private road (Loring Ct). 5 minute drive to the train staion and beaches. Showings on Saturday morning by appointment only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,111
Year Built
- Built in 1900
Lot Details
- 3,376 Sq Ft Lot
- Waterfront
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
- Marble or Granite Building Materials
Interior Spaces
- 2,185 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Dirt Floor
Parking
- 2 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Walking Distance to Water
- Bulkhead
- Deck
- Porch
Location
- Property is near public transit
Utilities
- Heating Available
- 100 Amp Service
- Tankless Water Heater
- Water Heater Leased
Listing and Financial Details
- Total Actual Rent $1,075
- Rent includes unit 1(heat water), unit 2(heat water hot water), unit 3(heat water)
- Assessor Parcel Number M:0050 B:0015 L:0000,1896325
Community Details
Building Details
- Electric Expense $300
- Water Sewer Expense $1,240
- Operating Expense $3,940
- Net Operating Income $11,988
Additional Features
- 3 Units
- Shops
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 27, 2022
Closed on
Feb 3, 2023
Sold by
Bought by
Seller's Agent
Jim Armstrong
Aluxety
Buyer's Agent
stacy harrington
Bridge Realty
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,083
Avg. Annual Appreciation
6.07%
Original Mortgage
$498,750
Interest Rate
0.0627%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 10, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0311%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 20, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,241
Interest Rate
0.0514%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 26, 2003
Sold by
Bought by
Purchase Details
Closed on
May 31, 1989
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $525,000 | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| $140,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $498,750 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $281,338 | ||
| Previous Owner | $258,241 | ||
| Previous Owner | $234,200 | ||
| Previous Owner | $183,750 | ||
| Previous Owner | $67,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/03/2023 02/03/23 | Sold | $525,000 | -4.5% | $240 / Sq Ft |
| 01/05/2023 01/05/23 | Pending | -- | -- | -- |
| 12/27/2022 12/27/22 | For Sale | $549,900 | -- | $252 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,628 | $476,100 | $126,100 | $350,000 |
| 2024 | $4,381 | $450,300 | $120,100 | $330,200 |
| 2023 | $4,538 | $428,500 | $107,200 | $321,300 |
| 2022 | $4,111 | $350,500 | $93,200 | $257,300 |
| 2021 | $3,978 | $319,800 | $84,800 | $235,000 |
| 2020 | $3,779 | $306,500 | $84,800 | $221,700 |
| 2019 | $3,530 | $278,200 | $84,800 | $193,400 |
| 2018 | $3,406 | $263,400 | $84,800 | $178,600 |
| 2017 | $3,224 | $244,400 | $76,300 | $168,100 |
| 2016 | $3,004 | $220,700 | $76,300 | $144,400 |
| 2015 | $2,951 | $216,200 | $76,300 | $139,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Armstrong
-
stacy harrington
s
Buyer's Agent in 2023
stacy harrington
Bridge Realty
(508) 333-3782
1 in this area
6 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73066552
APN: GLOU-000050-000015
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.
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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