NOT LISTED FOR SALE

Estimated Value: $660,000 - $793,000

5 Beds
3 Baths
3,375 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $650,000 $193 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,232/month

4 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Home Office
  • City View
  • Sun or Florida Room
  • 2-minute walk to Burnham's Field

About This Home

As of March 2024

Opportunity knocks for Contractors, Developer's and DIY Enthusiasts! This is your opportunity to own one of the "seven sister" houses! This home has been in the family since 1911. This three family home has a ton of storage, 5+ OFF STREET parking and is walking distance to the harbor. This diamond in the rough is waiting for it's new owner to come and bring it back to life. The roof is less than 20 years old and it has great bones! This is a must see! Whether you decide to occupy one unit or lease all three floors, this will be a valuable asset for years to come!

Last Agent to Sell the Property

Cindy Moore

Moore Real Estate Team LLC Listed on: 02/19/2024

Last Buyer's Agent

Katie McClain

Engel & Volkers By the Sea

Engel & Volkers By the Sea

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,859

Year Built

  • Built in 1900

Lot Details

  • 4,560 Sq Ft Lot
  • Cleared Lot

Home Design

  • Triplex
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,375 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Home Office
  • Sun or Florida Room
  • City Views
  • Storm Doors
  • Range
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 5 Car Parking Spaces
  • Stone Driveway
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • East Veterans Elementary School
  • O'maley Middle School
  • Gloucester High School

Utilities

  • Central Heating
  • 1 Heating Zone
  • Heating System Uses Oil
  • Hot Water Heating System
  • 220 Volts
  • 200+ Amp Service

Listing and Financial Details

  • Total Actual Rent $4,500
  • Rent includes unit 1(heat hot water), unit 2(heat hot water)
  • Assessor Parcel Number 1895225

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,859

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Renovated Since,Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: Laundry Room, Ceiling Fan(s), Living Room, Kitchen, Office/Den, Sunroom
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup
  • Basement: Full, Walk-Out Access, Concrete, Unfinished
  • Living Area: 3375
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN8270
  • LIST PRICE PER Sq Ft: 192.56
  • PRICE PER Sq Ft: 192.59
  • MAIN SO: AN4733

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: City View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded, Stone/Gravel
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer
  • Heating: Central, Hot Water, Oil
  • Electric: 220 Volts, Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 1
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station
  • Rent Includes: Unit 1(Heat,Hot Water), Unit 2(Heat,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1895225
  • Zoning: R5
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4560
  • Lot Size Units: Acres
  • PAGE: 00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4859
  • Tax Book Number: 00

Multi Family

  • Gross Income: 54000
  • Net Operating Income: 54000
  • Number Of Units Total: 3
  • Total Actual Rent: 4500
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Gloucester
  • Elementary School: East Veterans
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2009
Sold by
Tinker Barbara A and Tinker Richard J
Bought by
Greel Faye Marie
Current Estimated Value
$698,816
Source: Public Records

Range of Values:

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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
Greel Faye Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 56 Wsg Llc $560,000
Previous Owner Tinker Barbara A $20,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $650,000 0.0% $193 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $649,900 -- $193 / 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 $4,859 $499,400 $128,400 $371,000
2024 $4,859 $499,400 $128,400 $371,000
2023 $5,038 $475,700 $114,700 $361,000
2022 $4,563 $389,000 $99,700 $289,300
2021 $4,416 $355,000 $90,700 $264,300
2020 $4,192 $340,000 $90,700 $249,300
2019 $3,912 $308,300 $90,700 $217,600
2018 $3,770 $291,600 $90,700 $200,900
2017 $3,573 $270,900 $81,700 $189,200
2016 $3,322 $244,100 $81,600 $162,500
2015 $3,264 $239,100 $81,600 $157,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73201570

MLS Property Information Network (MLS PIN)

APN: GLOU-000029-000054