NOT LISTED FOR SALE

5 Lookout St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $811,000 - $973,000

4 Beds
2 Baths
3,220 Sq Ft
$275/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $550,000 $171 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,550/month

45 Days on Market

About This Home

As of October 2017

This is a 2 family having an old-world flavor with views of the city and harbor. Each unit has 2 bedrooms and 1 bath, and there are additional finished rooms on the 3rd floor. It adjoins lovely Governor's Park, offering great outdoor spaces. Perfect investment, as an owner occupied two family, or for a multi-generational family.

Last Listed By

Joyce Fossa

J. Barrett & Company License #454007641 Listed on: 07/05/2017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,443

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, City View(s), Scenic View(s)
  • Property Type: Multi-family
  • Sub-Agency Relationship Offered: Yes
  • Lead Paint: Unknown
  • Year Built Description: Renovated Since
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Park, House of Worship
  • Electric: 220 Volts
  • Energy: Storm Windows, Storm Doors
  • Flooring: Wood, Tile
  • Basement: Partial, Interior Access, Sump Pump, Concrete Floor
  • Full Bathrooms: 2
  • Total Levels: 3
  • Main Lo: C95243
  • Main So: C95600
  • Estimated Sq Ft: 3220.00

Exterior Features

  • Construction: Frame
  • Foundation: Concrete Block, Granite
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Gloucester
  • Middle School: Gloucester
  • High School: Gloucester

Lot Info

  • Zoning: R5
  • Acre: 0.07
  • Lot Size: 3250.00

Multi Family

  • Heating Common: Gas
  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 12
  • Waterview: Bay, Harbor
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Anderson Jamie R and Anderson Scott E
Bought by
Goodhue Jonathan G and Oconnor Carla R
Total Days on Market
45
Current Estimated Value
$884,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Outstanding Balance
$553,306
Interest Rate
5.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 5, 2017
Closed on
Oct 31, 2017
Sold by
Bertolino Salvatore A and Bertolino Sharon L
Bought by
Anderson Jamie R and Anderson Scott E
Seller's Agent
Joyce Fossa
J. Barrett & Company
Buyer's Agent
Mark Vadala
Vadala Real Estate
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2011
Sold by
Bertolino William J
Bought by
Bertolino Salvatore A

Purchase Details

Closed on
Apr 14, 2011
Sold by
Bertolino Peter J and Bertolino Linda
Bought by
Bertolino William J

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
Goodhue Jonathan G -- None Available
Goodhue Jonathan G -- None Available
Anderson Jamie R $550,000 --
Bertolino Salvatore A -- --
Bertolino Salvatore A -- --
Bertolino Salvatore A -- --
Bertolino William J $50,000 --
Bertolino William J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodhue Jonathan G $572,000
Closed Goodhue Jonathan G $572,000
Previous Owner Anderson Jamie R $489,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $550,000 -3.5% $171 / Sq Ft
08/19/2017 08/19/17 Pending -- -- --
08/12/2017 08/12/17 Price Changed $569,900 -4.9% $177 / Sq Ft
07/05/2017 07/05/17 For Sale $599,000 -- $186 / 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 $7,443 $765,000 $129,500 $635,500
2024 $7,443 $765,000 $129,500 $635,500
2023 $7,732 $730,100 $115,700 $614,400
2022 $7,221 $615,600 $100,600 $515,000
2021 $6,981 $561,200 $91,400 $469,800
2020 $6,585 $534,100 $91,400 $442,700
2019 $6,052 $476,900 $91,400 $385,500
2018 $5,290 $409,100 $91,400 $317,700
2017 $5,040 $382,100 $87,100 $295,000
2016 $5,047 $370,800 $90,900 $279,900
2015 $4,940 $361,900 $90,900 $271,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joyce Fossa

    J. Barrett & Company

  • Mark Vadala

    Buyer's Agent in 2017

    Mark Vadala

    Vadala Real Estate

    (978) 490-0939

    18 in this area

    48 Total Sales

    Mark Vadala
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72196450

MLS Property Information Network (MLS PIN)

APN: GLOU-000017-000065

Massachusetts Essex County Gloucester 01930 Central Gloucester

5 Lookout St, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 5 Lookout St, Gloucester, MA 01930 since 05 July 2017 and is currently estimated at $884,989, approximately $274 per square foot. This property was built in 1900. 5 Lookout St is a home located in Essex County with nearby schools including Beeman Memorial, Ralph B O'maley Middle School, and Gloucester High School.

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MLS Property Information Network (MLS PIN) 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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