NOT LISTED FOR SALE

5 Addison St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $488,000 - $588,000

3 Beds
2 Baths
1,075 Sq Ft
$488/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $290,500 $270 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,296/month

About This Home

As of October 2016

Single family living in a prime downtown location close to everything: train, shops, restaurants, the Boulevard and more. Experience the best that Gloucester has to offer in this charming, renovated home complete with fenced-in Beacon Hill backyard patio. With an option for first floor living, the main level includes a bedroom, full bath and washer / dryer. The second floor has two more bedrooms, another full bath and a cedar closet. There are wood floors and ample storage throughout as well as a full basement. Can be rented furnished or unfurnished with a 12 month lease. No smoking, no pets.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Oct 24, 2016
Sold by
Swanson Nancy J
Bought by
Anger Anita L
Seller's Agent
Patty Knaggs
RE/MAX Beacon
Buyer's Agent
Martha Anger
Compass
List Price
$284,000
Sold Price
$290,500
Premium/Discount to List
$6,500
2.29%
Current Estimated Value
$524,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,468
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Oct 14, 2005
Sold by
5 Addison St Rt
Bought by
Swanson Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 1999
Sold by
Cusick Patrick J and Cusick Donna J
Bought by
Isabelle Margot

Purchase Details

Closed on
May 27, 1988
Sold by
Sherman Eleanor M
Bought by
Cusick Patrick J

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Anger Anita L $290,500 --
Swanson Nancy J $291,000 --
Isabelle Margot $118,000 --
Cusick Patrick J $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5 Addison Street Llc $100,000
Previous Owner Cusick Patrick J $216,220
Previous Owner Cusick Patrick J $35,000
Previous Owner Cusick Patrick J $232,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Rented $3,000 0.0% --
12/10/2023 12/10/23 Under Contract -- -- --
11/28/2023 11/28/23 For Rent $3,000 0.0% --
10/24/2016 10/24/16 Sold $290,500 +2.3% $315 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $284,000 -- $308 / Sq Ft

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 $4,457 $458,100 $110,100 $348,000
2024 $4,457 $458,100 $110,100 $348,000
2023 $4,077 $385,000 $98,300 $286,700
2022 $4,073 $347,200 $85,500 $261,700
2021 $4,039 $324,700 $77,700 $247,000
2020 $3,938 $319,400 $77,700 $241,700
2019 $3,585 $282,500 $77,700 $204,800
2018 $3,382 $261,600 $77,700 $183,900
2017 $3,183 $241,300 $70,000 $171,300
2016 $2,932 $215,400 $69,900 $145,500
2015 $2,801 $205,200 $69,900 $135,300
Source: Public Records

Agents Affiliated with this Home

  • Amanda Armstrong

    Seller's Agent in 2023

    Amanda Armstrong

    Compass

    (978) 879-6322

    9 in this area

    218 Total Sales

    Amanda Armstrong
    Section Image
  • Martha Anger

    Seller Co-Listing Agent in 2023

    Martha Anger

    Compass

    (781) 727-4547

    18 Total Sales

    Martha Anger
    Section Image
  • Patty Knaggs

    Seller's Agent in 2016

    Patty Knaggs

    RE/MAX

    (978) 290-1407

    5 in this area

    27 Total Sales

    Patty Knaggs
    Section Image
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Map

Massachusetts Essex County Gloucester 01930 Central Gloucester

5 Addison St, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 5 Addison St, Gloucester, MA 01930 and is currently estimated at $524,968, approximately $488 per square foot. 5 Addison St is a home located in Essex County with nearby schools including Beeman Memorial, Ralph B O'maley Middle School, and Gloucester High School.

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.

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