Seller's Agent in 2022
Scott Smith
Coldwell Banker Realty - Manchester
(617) 750-2793
3 in this area
39 Total Sales
5 Beacon St Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $531,000 - $594,000
4
Beds
2.5
Baths
1,746
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- Marina
- 4-minute walk to Gloucester
- Granite Flooring
- Medical Services
- City View
- Property is near public transit
About This Home
As of September 2022Fantastic investment opportunity in Downtown Gloucester. This manageable two-family is on the eastern slope of Governor's Hill, so close to everything Gloucester has to offer. Both units have updated kitchens and bathrooms, are bright & airy, and share a private back yard. Five Beacon Street is moments way from the commuter rail, shopping, restaurants, galleries and Gloucester Harbor. Live, work or invest! Separate utilities, newer heating and hot water systems.
Last Agent to Sell the Property
Coldwell Banker Realty - Manchester Listed on: 06/30/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,354
Year Built
- Built in 1866 | Remodeled
Lot Details
- 2,157 Sq Ft Lot
- Garden
Home Design
- Duplex
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,746 Sq Ft Home
- Property has 1 Level
- Gas Fireplace
- Insulated Windows
- City Views
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Granite
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Bulkhead
Location
- Property is near public transit
- Property is near schools
Schools
- Veterans Elementary School
- O'maley Middle School
- Gloucester High School
Utilities
- No Cooling
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $3,200
- Tax Lot 80
- Assessor Parcel Number 1894392
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Tennis Courts
- Park
Additional Features
- 2 Units
- Net Operating Income $19,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2022
Closed on
Sep 6, 2022
Sold by
Crane Joel
Bought by
Aitken Christy and Petrillo Julie B
Seller's Agent
Scott Smith
Coldwell Banker Realty - Manchester
Buyer's Agent
Patty Knaggs
RE/MAX Beacon
List Price
$550,000
Sold Price
$585,000
Premium/Discount to List
$35,000
6.36%
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
-$26,747
Avg. Annual Appreciation
-1.40%
Original Mortgage
$468,000
Outstanding Balance
$446,935
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$111,318
Purchase Details
Listed on
Aug 26, 2018
Closed on
Oct 15, 2018
Sold by
Mcadoo-Comer Tarin A and Mcadoo Francis S
Bought by
Crane Joel
Seller's Agent
John Farrell
Coldwell Banker Realty - Beverly
Buyer's Agent
Scott Smith
Coldwell Banker Realty - Manchester
List Price
$319,900
Sold Price
$400,000
Premium/Discount to List
$80,100
25.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$386,650
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Listed on
Jan 12, 2012
Closed on
Jun 27, 2012
Sold by
5 Beacon Street Rt and Francis
Bought by
Mcadoo Francis S and Comer Tarin A
Seller's Agent
Listing Group
Lamacchia Realty, Inc.
Buyer's Agent
John Farrell
Coldwell Banker Realty - Beverly
List Price
$250,000
Sold Price
$175,400
Premium/Discount to List
-$74,600
-29.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
Original Mortgage
$130,875
Interest Rate
3.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 4, 2004
Sold by
Jaeger Steven R
Bought by
Francis Keith L and Hoey Leah B
Purchase Details
Closed on
Jul 30, 1999
Sold by
Frontiero David
Bought by
Jaeger Steven R
Purchase Details
Closed on
Aug 6, 1996
Sold by
Pina Henry B
Bought by
Frontiero David A
Purchase Details
Closed on
Dec 12, 1990
Sold by
Salem 5C Sb
Bought by
Pina Henry B
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aitken Christy | $585,000 | None Available | |
| Crane Joel | $400,000 | -- | |
| Crane Joel | $400,000 | -- | |
| Mcadoo Francis S | $175,400 | -- | |
| Francis Keith L | $333,000 | -- | |
| Jaeger Steven R | $158,000 | -- | |
| Frontiero David A | $137,500 | -- | |
| Pina Henry B | $125,000 | -- | |
| Pina Henry B | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aitken Christy | $468,000 | |
| Previous Owner | Crane Joel | $386,650 | |
| Previous Owner | Pina Henry B | $130,875 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/06/2022 09/06/22 | Sold | $585,000 | +6.4% | $335 / Sq Ft | |
| 07/04/2022 07/04/22 | Pending | -- | -- | -- | |
| 06/30/2022 06/30/22 | For Sale | $550,000 | +37.5% | $315 / Sq Ft | |
| 10/15/2018 10/15/18 | Sold | $400,000 | +25.0% | $271 / Sq Ft | View Prior Sale |
| 08/31/2018 08/31/18 | Pending | -- | -- | -- | |
| 08/26/2018 08/26/18 | For Sale | $319,900 | +82.4% | $217 / Sq Ft | |
| 06/27/2012 06/27/12 | Sold | $175,400 | -29.8% | $108 / Sq Ft | View Prior Sale |
| 05/28/2012 05/28/12 | Pending | -- | -- | -- | |
| 01/12/2012 01/12/12 | For Sale | $250,000 | -- | $154 / 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 | $4,565 | $469,600 | $119,400 | $350,200 |
| 2024 | $4,483 | $460,700 | $113,700 | $347,000 |
| 2023 | $4,637 | $437,900 | $101,500 | $336,400 |
| 2022 | $4,354 | $371,200 | $88,300 | $282,900 |
| 2021 | $4,215 | $338,800 | $80,200 | $258,600 |
| 2020 | $3,809 | $308,900 | $80,200 | $228,700 |
| 2019 | $3,237 | $255,100 | $80,200 | $174,900 |
| 2018 | $3,039 | $235,000 | $80,200 | $154,800 |
| 2017 | $2,853 | $216,300 | $72,300 | $144,000 |
| 2016 | $2,790 | $205,000 | $72,200 | $132,800 |
| 2015 | $2,742 | $200,900 | $72,200 | $128,700 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Smith
-
Patty Knaggs
Buyer's Agent in 2022
Patty Knaggs
RE/MAX
(978) 290-1407
18 in this area
81 Total Sales
-
John Farrell
Seller's Agent in 2018
John Farrell
Coldwell Banker Realty - Beverly
(978) 578-5203
124 Total Sales
-
Cindy Farrell
C
Seller Co-Listing Agent in 2018
Cindy Farrell
Coldwell Banker Realty - Beverly
(978) 468-4180
64 Total Sales
-
L
Seller's Agent in 2012
Listing Group
Lamacchia Realty, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73005711
APN: GLOU-000017-000080
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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