48 Cleveland St Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $498,197 - $663,000
2
Beds
2
Baths
1,970
Sq Ft
$288/Sq Ft
Est. Value
About This Home
As of February 2022Great opportunity to own a two family home in downtown Gloucester featuring two spacious one bedroom apartments with solid rental history. Showings will commence at the first open house on Saturday May 22, from 9-12 and again on Sunday from 9-12. Accompanied showings and appointments are required. Tenants are tenant at will and would like to remain. Offers due Tuesday, May 25th by 5pm.
Co-Listed By
Jeff Hubbard
Engel & Volkers By the Sea License #454007799
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,177
Year Built
- 1900
Lot Details
- 4,792
Additional Features
- Property has 1 Level
- 2 Heating Zones
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 1, 2022
Sold by
Figurido Bruce and Seniti-Figurido Maria
Bought by
48-48A Cleveland St
Total Days on Market
8
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
$285,000
Outstanding Balance
$275,219
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,201
Purchase Details
Listed on
May 20, 2021
Closed on
Feb 28, 2022
Sold by
Joseph Scott K Est
Bought by
Pollard Brian J
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Mark Ventimiglia
Vadala Real Estate
List Price
$350,000
Sold Price
$280,000
Premium/Discount to List
-$70,000
-20%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.16%
Original Mortgage
$280,000
Interest Rate
3.55%
Mortgage Type
Commercial
Similar Home in Gloucester, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 48-48A Cleveland St | -- | None Available | |
| Pollard Brian J | $1,125,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Figurido Bruce | $285,000 | |
| Previous Owner | Pollard Brian J | $280,000 | |
| Previous Owner | Orlando Geraldine E | $98,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2022 02/28/22 | Sold | $280,000 | -20.0% | $142 / Sq Ft |
| 05/28/2021 05/28/21 | Pending | -- | -- | -- |
| 05/20/2021 05/20/21 | For Sale | $350,000 | -- | $178 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,177 | $429,300 | $118,400 | $310,900 |
| 2024 | $4,177 | $429,300 | $118,400 | $310,900 |
| 2023 | $4,675 | $441,500 | $117,500 | $324,000 |
| 2022 | $4,395 | $374,700 | $102,200 | $272,500 |
| 2021 | $4,256 | $342,100 | $92,900 | $249,200 |
| 2020 | $4,044 | $328,000 | $92,900 | $235,100 |
| 2019 | $3,787 | $298,400 | $92,900 | $205,500 |
| 2018 | $3,556 | $275,000 | $92,900 | $182,100 |
| 2017 | $3,216 | $243,800 | $83,700 | $160,100 |
| 2016 | $3,136 | $230,400 | $83,600 | $146,800 |
| 2015 | $3,085 | $226,000 | $83,600 | $142,400 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Armstrong
Seller's Agent in 2022
Amanda Armstrong
Compass
(978) 879-6322
9 in this area
218 Total Sales
-
J
Seller Co-Listing Agent in 2022
Jeff Hubbard
Engel & Volkers By the Sea
-
Mark Ventimiglia
Buyer's Agent in 2022
Mark Ventimiglia
Vadala Real Estate
(978) 281-1111
30 in this area
80 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72835112
APN: GLOU-000027-000015
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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