NOT LISTED FOR SALE

Estimated Value: $664,246 - $692,000

4 Beds
2.5 Baths
3,533 Sq Ft
$193/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $675,000 $191 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,260/month

5 Days on Market

Highlights

  • Deck
  • 4-minute walk to Gloucester
  • Attic
  • Property is near public transit
  • Wood Flooring
  • Home Office

About This Home

As of March 2024

An excellent opportunity for investors, developers, or owner occupants to enjoy this handsome multi-family in downtown Gloucester with just steps to shops, restaurants, train, and Gloucester's vibrant boulevard. Unit 1 offers 3+ bedrooms, sun-filled first floor with lovely hardwood floors, spacious kitchen with access to private deck and backyard, and a bonus room on 3rd floor can be used as private office or guest overflow space. Lower level unit 2 has one bedroom, one full bath, cozy living room, kitchen, and access to backyard with huge potential. Showings begin at Friday Open House. Open Houses: Friday 2/2, Saturday 2/3, Sunday 2/4 - 12 to 1:30pm each day.

Last Listed By

Mandy Sheriff

J. Barrett & Company Listed on: 01/31/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,551

Year Built

  • Built in 1900

Lot Details

  • 3,469

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 3,533 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Attic

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Block Basement Construction

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System

Additional Features

  • 3,469 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $4,100
  • Rent includes unit 2(water)
  • Assessor Parcel Number 1894260

Community Details

Recreation

  • Park

Building Details

  • Electric Expense $3,700
  • Insurance Expense $2,000
  • Water Sewer Expense $1,500
  • Operating Expense $9,000
  • Net Operating Income $49,200

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,551

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2.0
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood, Tile, Vinyl, Hardwood
  • Interior Amenities: Ceiling Fan(s), Walk-Up Attic, Heated Attic, Pantry, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Family Room, Laundry Room, Office/Den
  • Fireplace Features: Wood Burning
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Dryer, Washer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Basement: Partially Finished, Walk-Out Access, Sump Pump, Concrete
  • Living Area: 3533
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 186.53
  • PRICE PER Sq Ft: 191.06
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle, Slate
  • Waterfront Features: Beach Front, Harbor, Ocean
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Dryer, for Electric Dryer
  • Cooling: None
  • Heating: Hot Water, Oil, Electric
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access
  • Rent Includes: Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1500

Lot Info

  • Parcel Number: 1894260
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3469
  • Lot Size Units: Acres
  • PAGE: 572
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5551
  • Tax Book Number: 12545

Multi Family

  • Electric Expense: 3700
  • Gross Income: 49200
  • Insurance Expense: 2000
  • Net Operating Income: 49200
  • Number Of Units Total: 2
  • Operating Expense: 9000
  • Total Actual Rent: 4100
  • LEVELS 1: 3
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 1994
Sold by
Catania Joseph C
Bought by
Beauparlant Ernest and Beauparlant Diane
Total Days on Market
5
Current Estimated Value
$681,562

Range of Values:

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Average Value
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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
Beauparlant Ernest $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levis Caroline $540,000
Closed Beauparlant Ernest $173,000
Closed Beauparlant Ernest $157,000
Closed Beauparlant Ernest $113,000
Closed Beauparlant Ernest $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $675,000 +2.4% $191 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $659,000 -- $187 / 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 $5,551 $570,500 $120,700 $449,800
2024 $5,551 $570,500 $120,700 $449,800
2023 $5,747 $542,700 $107,800 $434,900
2022 $5,378 $458,500 $93,700 $364,800
2021 $5,201 $418,100 $85,200 $332,900
2020 $4,920 $399,000 $85,200 $313,800
2019 $4,551 $358,600 $85,200 $273,400
2018 $4,224 $326,700 $85,200 $241,500
2017 $3,974 $301,300 $76,800 $224,500
2016 $3,807 $279,700 $76,700 $203,000
2015 $3,732 $273,400 $76,700 $196,700
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73197879

MLS Property Information Network (MLS PIN)

APN: GLOU-000016-000040