Seller's Agent in 2024
Salvatore Dimercurio
Keller Williams Realty Evolution
(978) 304-6983
5 in this area
34 Total Sales
40 Middle St Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $1,472,917
10
Beds
6
Baths
6,731
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- Marina
- Medical Services
- Corner Lot
- Ocean View
- Property is near public transit and schools
- Jogging Path
About This Home
As of February 2024Great opportunity to own this Mixed Use Residential / Commercial property in a prime and desirable location of downtown Gloucester with Water Views!! Six total units- Five residential & One commercial that are in two separate buildings on the same lot. The Five residential units consist of 3 two bedroom apartments, 1 studio apartment and a 4 bedroom townhouse apartment. The commercial unit houses a well established breakfast restaurant and is a free standing building on the same lot. Rents are below market value. All this located on a corner lot literally down the street from Gloucester's Iconic Waterfront, Boulevard and all that downtown Gloucester has to offer! Within half a mile of the MBTA and one mile to Route 128.
Last Agent to Sell the Property
Keller Williams Realty Evolution Listed on: 11/03/2023
Last Buyer's Agent
Shoshanah Collins
Boston Metropolitan Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,760
Year Built
- Built in 1900
Lot Details
- 7,557 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Parking Spaces
Home Design
- Stone Foundation
Interior Spaces
- 6,731 Sq Ft Home
- Ocean Views
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Full Bathrooms
Location
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $8,933
- Assessor Parcel Number M:0015 B:0104 L:0000
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Park
- Jogging Path
Building Details
- Net Operating Income $83,196
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 16, 2025
Sold by
40-42 Middle Llc
Bought by
Cameron Stephanie
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,250
Outstanding Balance
$446,550
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2025
Sold by
40-42 Middle Llc
Bought by
Fernandez Emilia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,250
Outstanding Balance
$446,550
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 22, 2024
Sold by
40-42 Middle Llc
Bought by
Burke Kayla
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 13, 2024
Sold by
40-42 Middle Llc
Bought by
Duhaime Monique
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Nov 3, 2023
Closed on
Feb 2, 2024
Sold by
Josephine & Rose Llc
Bought by
40-42 Middle Llc
Seller's Agent
Salvatore Dimercurio
Keller Williams Realty Evolution
Buyer's Agent
Shoshanah Collins
Boston Metropolitan Realty
List Price
$1,799,999
Sold Price
$1,465,000
Premium/Discount to List
-$334,999
-18.61%
Views
70
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,032,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 10, 2020
Sold by
Ciaramitaro Vincenza C and Ciaramitaro Vito
Bought by
Josephine & Rose Llc
Purchase Details
Closed on
Feb 11, 2008
Sold by
Rallo Giacomo and Ciaramitaro Vincenza C
Bought by
Ciaramitaro Vito
Purchase Details
Closed on
Jun 8, 2004
Sold by
Rallo Josephine and Rallo Vincenza
Bought by
Rallo Giacomo
Purchase Details
Closed on
May 1, 1971
Bought by
Ciaramitaro Vito and Ciaramitaro Vincenza C
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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 |
|---|---|---|---|
| Cameron Stephanie | $583,500 | None Available | |
| Cameron Stephanie | $583,500 | None Available | |
| Cameron Stephanie | $583,500 | None Available | |
| Fernandez Emilia | $475,000 | None Available | |
| Fernandez Emilia B | $475,000 | None Available | |
| Fernandez Emilia B | $475,000 | None Available | |
| Fernandez Emilia B | $475,000 | None Available | |
| Burke Kayla | $475,000 | None Available | |
| Burke Kayla | $475,000 | None Available | |
| Burke Kayla | $475,000 | None Available | |
| Burke Kayla | $475,000 | None Available | |
| Duhaime Monique | $305,000 | None Available | |
| Duhaime Monique | $305,000 | None Available | |
| Duhaime Monique | $305,000 | None Available | |
| Duhaime Monique | $305,000 | None Available | |
| 40-42 Middle Llc | $1,465,000 | None Available | |
| 40-42 Middle Llc | $1,465,000 | None Available | |
| 40-42 Middle Llc | $1,465,000 | None Available | |
| 40-42 Middle Llc | $1,465,000 | None Available | |
| Josephine & Rose Llc | -- | None Available | |
| Josephine & Rose Llc | -- | None Available | |
| Josephine & Rose Llc | -- | None Available | |
| Josephine & Rose Llc | -- | None Available | |
| Ciaramitaro Vito | -- | -- | |
| Ciaramitaro Vito | -- | -- | |
| Rallo Giacomo | -- | -- | |
| Rallo Giacomo | -- | -- | |
| Ciaramitaro Vito | -- | -- |
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 | Fernandez Emilia B | $451,250 | |
| Closed | Fernandez Emilia B | $451,250 | |
| Previous Owner | Burke Kayla | $380,000 | |
| Previous Owner | 40-42 Middle Llc | $2,032,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/02/2024 02/02/24 | Sold | $1,465,000 | -8.4% | $218 / Sq Ft |
| 12/14/2023 12/14/23 | Pending | -- | -- | -- |
| 11/13/2023 11/13/23 | Price Changed | $1,599,900 | -11.1% | $238 / Sq Ft |
| 11/03/2023 11/03/23 | For Sale | $1,799,999 | -- | $267 / 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 | $12,200 | $1,255,100 | $154,300 | $1,100,800 |
| 2024 | $8,843 | $1,067,500 | $146,900 | $920,600 |
| 2023 | $0 | $1,016,100 | $131,900 | $884,200 |
| 2022 | $0 | $825,800 | $114,100 | $711,700 |
| 2021 | $0 | $766,600 | $103,800 | $662,800 |
| 2020 | $8,843 | $717,200 | $103,800 | $613,400 |
| 2019 | $0 | $625,600 | $103,800 | $521,800 |
| 2018 | $0 | $590,200 | $103,800 | $486,400 |
| 2017 | $0 | $567,500 | $93,400 | $474,100 |
| 2016 | -- | $526,100 | $93,400 | $432,700 |
| 2015 | -- | $526,100 | $93,400 | $432,700 |
Source: Public Records
Agents Affiliated with this Home
-
Salvatore Dimercurio
-
S
Buyer's Agent in 2024
Shoshanah Collins
Boston Metropolitan Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73177133
APN: GLOU-000015-000104
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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