NOT LISTED FOR SALE

Estimated Value: $656,000 - $740,000

6 Beds
3 Baths
2,475 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $575,000 $232 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,299/month

13 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Fenced Yard

About This Home

As of July 2021

Great opportunity!! 3-family home located in the heart of Gloucester. Convenient to downtown Gloucester, train station & shopping. A short drive to Rt 128, Iconic Good Harbor Beach and the famous “Boulevard”. Units offer separate utilities (heating, electrical & hot water). This home features hardwood floors, replacement windows, vinyl siding and built-in cabinetry in two of the units. Full basement w/exterior access w/3-assigned locked storage areas & coin operated washer and dryer. Decks for unit 2 and 3. Back yard has potential to create additional parking. The monthly rentals are way below market. Tenants for apartment #1 & #2 have been renting the units since before current owner’s purchase and the 3rd floor is occupied by a family member since 2014. Great Potential-purchase to use as owner occupied or as an investment for income or possible condo conversion. Showings SAT, 6/5 and SUN, 6/6 from 11-1 BY APPOINTMNET ONLY. More pictures and floor plans will be posted soon.

Last Agent to Sell the Property

Mary Ciaraldi

J. Barrett & Company Listed on: 06/04/2021

Last Buyer's Agent

Laura Sawulski

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,646

Year Built

  • Built in 1920

Lot Details

  • Year Round Access
  • Fenced Yard

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Deck

Schools

  • Gloucester High School

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater
  • Sewer Inspection Required for Sale

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,646

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 2576
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 201.98
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Flooring: Wood, Tile, Vinyl
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Unfinished Basement, Exterior Access
  • Main Lo: C95243
  • Main So: C95098
  • Estimated Sq Ft: 2475.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck, Fenced Yard
  • Foundation: Poured Concrete
  • Foundation Size: 30X30

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer, Inspection Required for Sale
  • Water: City/Town Water
  • Electric: 458
  • Heat Zones: 3
  • Hot Water: Natural Gas, Electric, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, Public School, T-Station

Schools

  • Elementary School: Veterens
  • Middle School: O'Malley
  • High School: Gloucester

Lot Info

  • Assessments: 455800.00
  • Lot Size: 0.08
  • Page: 206
  • Zoning: R-4
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 2695
  • Total Rms: 12
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 5670.00
  • Assessor Parcel Number: 1896552
  • Tax Year: 2021

MLS Schools

  • Grade School: Veterens
  • High School: Gloucester
  • Middle School: O'Malley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 28, 2021
Sold by
58 Friend Street Rt
Bought by
Gnerre Kyle V
Seller's Agent
Mary Ciaraldi
J. Barrett & Company
Buyer's Agent
Laura Sawulski
Coldwell Banker Realty - Beverly
List Price
$499,900
Sold Price
$575,000
Premium/Discount to List
$75,100
15.02%
Current Estimated Value
$702,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,610
Avg. Annual Appreciation
5.76%
Original Mortgage
$564,585
Outstanding Balance
$519,098
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$202,575

Purchase Details

Listed on
Apr 18, 2014
Closed on
Jun 20, 2014
Sold by
Seaview Rt
Bought by
58 Friend Street Rt
Seller's Agent
Peter Olson
Coldwell Banker Realty - Gloucester
Buyer's Agent
Mary Ciaraldi
J. Barrett & Company
List Price
$359,000
Sold Price
$360,000
Premium/Discount to List
$1,000
0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$288,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2005
Sold by
Seaview Rt
Bought by
Bayes Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,650
Interest Rate
5.66%

Purchase Details

Closed on
May 25, 2004
Sold by
Goldberg Lynda
Bought by
Seaview Rt

Purchase Details

Closed on
Mar 1, 2004
Sold by
Bayes Joseph
Bought by
Goldberg Lynda

Purchase Details

Closed on
Oct 29, 2003
Sold by
58 Friend Street Rt
Bought by
Bayes Joseph

Purchase Details

Closed on
Feb 3, 2003
Sold by
Bayes Joseph
Bought by
58 Friend St Rt

Purchase Details

Closed on
Aug 2, 2001
Sold by
T Bone Nt
Bought by
Derosa Nicholas A

Purchase Details

Closed on
Jul 10, 1992
Sold by
Pierce Michael A and Pierce John C
Bought by
T Bone Trust

Purchase Details

Closed on
May 5, 1989
Sold by
Pierce J William
Bought by
Pierce Michael A
Source: Public Records

Range of Values:

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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
Gnerre Kyle V $575,000 None Available
58 Friend Street Rt $360,000 --
Bayes Joseph -- --
Seaview Rt -- --
Goldberg Lynda -- --
Bayes Joseph -- --
58 Friend St Rt -- --
Bayes Joseph $395,000 --
Derosa Nicholas A $244,000 --
T Bone Trust $83,440 --
Pierce Michael A $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gnerre Kyle V $564,585
Previous Owner 58 Friend Street Rt $288,000
Previous Owner Pierce Michael A $500,000
Previous Owner Pierce Michael A $302,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $575,000 +15.0% $232 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $499,900 0.0% $202 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $499,900 +38.9% $202 / Sq Ft
06/20/2014 06/20/14 Sold $360,000 +0.3% $160 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $359,000 -- $160 / 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 $5,646 $580,300 $120,500 $459,800
2024 $5,646 $580,300 $120,500 $459,800
2023 $5,877 $555,000 $107,600 $447,400
2022 $5,860 $499,600 $93,600 $406,000
2021 $5,670 $455,800 $85,100 $370,700
2020 $5,359 $434,600 $85,100 $349,500
2019 $4,949 $390,000 $85,100 $304,900
2018 $4,739 $366,500 $85,100 $281,400
2017 $4,504 $341,500 $76,600 $264,900
2016 $4,136 $303,900 $76,600 $227,300
2015 $3,720 $272,500 $76,600 $195,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72841903

MLS Property Information Network (MLS PIN)

APN: GLOU-000052-000046