NOT LISTED FOR SALE

Estimated Value: $530,959 - $700,000

5 Beds
3 Baths
1,691 Sq Ft
$350/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $659,000 $390 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,419/month

5 Days on Market

Highlights

  • Granite Flooring
  • Mud Room
  • Bathtub with Shower
  • Property is near public transit and schools
  • Enclosed Patio or Porch
  • 5-minute walk to Burnham's Field

About This Home

As of September 2024

Discover this well-maintained two-family home ideally situated in the heart of Gloucester. The first-floor unit offers a cozy one-bedroom layout with the potential to create a second bedroom, perfect for flexibility and customization. One full bathroom completes this level. Upstairs, you'll find a spacious four-bedroom haven featuring a modern kitchen, an enclosed porch, a welcoming living room, and a dining room. Two full bathrooms, including one with just a tub, provide ample convenience for residents.Enjoy the added benefit of off-street parking for up to six vehicles. Both units have separate utilities for efficient management.This property offers an excellent opportunity for investment or owner-occupancy. First showings at Open House Friday, August 16th.

Last Agent to Sell the Property

Lynda Hemeon

Coldwell Banker Realty - Manchester Listed on: 08/13/2024

Coldwell Banker Realty - Manchester

Co-Listed By

Brianna Hemeon

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Christine Grammas

J. Barrett & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,228

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Roof

Interior Spaces

  • 1,691 Sq Ft Home
  • Property has 1 Level
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Range

Flooring

  • Wood
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • 100 Amp Service

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $3,100
  • Rent includes unit 1(water)
  • Assessor Parcel Number 1895253

Community Details

Amenities

  • Shops
  • Coin Laundry

Additional Features

  • 2 Units
  • Net Operating Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,228

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room, Family Room, Mudroom
  • Fireplace YN: No
  • Appliances: Range
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Concrete, Unfinished
  • Living Area: 1691
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6181
  • MAIN SO: C95243

Exterior Features

  • Fencing: Fenced
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Natural Gas
  • Cooling Y N: No
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, House of Worship, Public School
  • Rent Includes: Unit 1(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1895253
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4228

Multi Family

  • Net Operating Income: 37200
  • Number Of Units Total: 2
  • Total Actual Rent: 3100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Garcia Jaime F
Bought by
Jaime Faria Garcia T and Jaime Garcia
Current Estimated Value
$591,490

Purchase Details

Closed on
Aug 7, 1978
Bought by
Garcia James F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jaime Faria Garcia T -- None Available
Jaime Faria Garcia T -- None Available
Jaime Faria Garcia T -- None Available
Garcia James F $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $659,000 0.0% $390 / Sq Ft
08/18/2024 08/18/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $659,000 -- $390 / 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 $4,280 $440,300 $123,300 $317,000
2024 $4,198 $431,400 $117,400 $314,000
2023 $4,325 $408,400 $104,800 $303,600
2022 $4,057 $345,900 $91,200 $254,700
2021 $3,922 $315,300 $82,900 $232,400
2020 $3,724 $302,000 $82,900 $219,100
2019 $3,475 $273,800 $82,900 $190,900
2018 $3,253 $251,600 $82,900 $168,700
2017 $3,052 $231,400 $74,600 $156,800
2016 $2,968 $218,100 $74,600 $143,500
2015 $2,916 $213,600 $74,600 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73277014

MLS Property Information Network (MLS PIN)

APN: GLOU-000029-000082