NOT LISTED FOR SALE

Estimated Value: $545,487 - $710,000

4 Beds
2 Baths
1,977 Sq Ft
$323/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $458,000 $232 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,760/month

7 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 3-minute walk to Burnham's Field

About This Home

As of January 2021

Nicely maintained Two-Family just a few blocks from downtown Gloucester. Great opportunity for 1st time buyers to enter the R.E. Market! Think about this: If you reside in one unit and rent the other, you can enjoy home ownership, renovate when you can, and finally get into the "market". Both units are livable, spacious 5 rooms, 2 bedrooms,1 bath with washer/dryer. Full dry cellar, great yard, and plenty of parking. Only 1 heat system (Weil McClean), but electrical panels and gas hot water tanks are separate. Get yourselves pre-approved and visit the OPEN HOUSE this Sat 12/19 and Sun 12/20 from 11:00-1 (COVID GUIDELINES).

Last Agent to Sell the Property

Linda Clayton

RE/MAX Beacon Listed on: 12/15/2020

RE/MAX Beacon

Last Buyer's Agent

Atlee Alman

Vadala Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,304

Year Built

  • Built in 1900

Lot Details

  • 6,098

Flooring

  • Wood
  • Wall to Wall Carpet

Schools

  • GHS High School

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Year Round Access
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,304

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 227.11
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN4305
  • Main So: C95600
  • Estimated Sq Ft: 1977.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Granite
  • Foundation Size: 33x25

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Public School, T-Station

Schools

  • Middle School: O'Maley
  • High School: GHS

Lot Info

  • Assessments: 329300.00
  • Lot: 57
  • Acre: 0.14
  • Lot Size: 6098.00
  • Page: 334
  • Zoning: R5
  • Lot Description: Cleared, Level

Multi Family

  • Heat Units: 1
  • Total Levels: 2
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 4060.27
  • Assessor Parcel Number: 1895093
  • Tax Year: 2020

MLS Schools

  • High School: GHS
  • Middle School: O'Maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 29, 2021
Sold by
Waters Sharon
Bought by
Taormina Salvatore
Seller's Agent
Linda Clayton
RE/MAX Beacon
Buyer's Agent
Atlee Alman
Vadala Real Estate
List Price
$449,000
Sold Price
$458,000
Premium/Discount to List
$9,000
2%
Current Estimated Value
$638,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,372
Avg. Annual Appreciation
6.61%
Original Mortgage
$435,100
Outstanding Balance
$393,380
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$222,164

Purchase Details

Closed on
Nov 30, 1995
Sold by
Scola Samuel P and Scola Frances
Bought by
Waters Sharon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Taormina Salvatore $458,000 None Available
Waters Sharon $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taormina Salvatore $435,100
Previous Owner Waters Sharon $224,002
Previous Owner Waters Sharon $36,153
Previous Owner Waters Sharon $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $458,000 +2.0% $232 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $449,000 0.0% $227 / Sq Ft
05/16/2018 05/16/18 Rented $1,400 0.0% --
05/07/2018 05/07/18 Under Contract -- -- --
05/04/2018 05/04/18 For Rent $1,400 -- --
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 $4,304 $442,300 $137,600 $304,700
2024 $4,304 $442,300 $137,600 $304,700
2023 $4,661 $440,100 $122,800 $317,300
2022 $4,420 $376,800 $106,800 $270,000
2021 $4,273 $343,500 $97,100 $246,400
2020 $4,060 $329,300 $97,100 $232,200
2019 $3,799 $299,400 $97,100 $202,300
2018 $3,566 $275,800 $97,100 $178,700
2017 $3,345 $253,600 $87,500 $166,100
2016 $3,249 $238,700 $87,500 $151,200
2015 $3,193 $233,900 $87,500 $146,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72767111

MLS Property Information Network (MLS PIN)

APN: GLOU-000028-000057