NOT LISTED FOR SALE

Estimated Value: $788,000 - $1,110,000

6 Beds
2 Baths
3,233 Sq Ft
$272/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $388,000 $120 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,382/month

183 Days on Market

About This Home

As of December 2015

Great opportunity to buy an older TWO-FAMILY home just out of Magnolia Center. Stroll to the Villages Center, Magnolia Beach and Shore or to Lexington Avenue for dinner! Large, 2-Family with two levels, three bedrooms in each unit and in need of renovation/updates. Ample parking for four plus cars, beautiful plantings and gardens, surrounded by gently sloping green yard. Occupied by the same family more than 50 years. Great home to rehab to your taste. Easy to show.....call now for details!

Last Agent to Sell the Property

Christina Rafter

RE/MAX Advantage Real Estate License #454000569 Listed on: 03/09/2015

Last Buyer's Agent

Traci Corbett

Coldwell Banker Realty - Gloucester License #449546939

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,038

Year Built

  • 1916

Lot Details

  • 0.25

Utilities

  • Private Sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,038

Year Built

1916

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Cleared, Level
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1916

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 12
  • Amenities: Public Transportation, Park
  • Electric: Circuit Breakers, Individually Metered
  • Energy: Insulated Windows, Storm Windows, Storm Doors
  • Flooring: Wood, Plywood, Vinyl, Wall to Wall Carpet, Hardwood
  • Basement: Full, Walk Out, Dirt Floor, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Covered Patio/Deck
  • Foundation: Concrete Block
  • Beach: Ocean, Walk to
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Sewer: Private Sewerage
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: West Parish
  • Middle School: O'maley
  • High School: Gloucester High

Lot Info

  • Zoning: R-30

Multi Family

  • Total Bedrooms: 6
  • Total Fireplaces: 1
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2015
Closed on
Dec 4, 2015
Sold by
Bradley Ft
Bought by
Odonnell Thomas J
Seller's Agent
Christina Rafter
RE/MAX Advantage Real Estate
Buyer's Agent
Traci Corbett
Coldwell Banker Realty - Gloucester
List Price
$475,000
Sold Price
$388,000
Premium/Discount to List
-$87,000
-18.32%
Current Estimated Value
$879,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,959
Avg. Annual Appreciation
8.77%
Original Mortgage
$290,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2009
Sold by
Bradley William L and Bradley Frances M
Bought by
Bradley Ft
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Odonnell Thomas J $388,000 --
Bradley Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J V $224,000
Closed Odonnell Thomas J $290,000
Previous Owner Bradley Ft $155,000
Previous Owner Bradley William L $42,000
Previous Owner Bradley William L $30,000
Previous Owner Bradley William L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $388,000 -18.3% $120 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $475,000 -- $147 / 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 $7,038 $723,300 $236,300 $487,000
2024 $7,038 $723,300 $236,300 $487,000
2023 $7,222 $682,000 $211,000 $471,000
2022 $6,746 $575,100 $179,400 $395,700
2021 $6,525 $524,500 $163,100 $361,400
2020 $6,214 $504,000 $163,100 $340,900
2019 $5,846 $460,700 $163,100 $297,600
2018 $5,490 $424,600 $163,100 $261,500
2017 $4,762 $361,000 $155,300 $205,700
2016 $4,597 $337,800 $155,800 $182,000
2015 $4,533 $332,100 $155,800 $176,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71802351

MLS Property Information Network (MLS PIN)

APN: GLOU-000173-000029