NOT LISTED FOR SALE

Estimated Value: $435,000 - $534,000

2 Beds
3.5 Baths
1,268 Sq Ft
$367/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $390,000 $308 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,948/month

39 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • 1 Car Garage
  • Deck
  • Shops
  • Coin Laundry

About This Home

As of July 2022

2 Family with an office. Needs some work, but has great potential for an investor or owner occupant. You could run a small business from the front office, rent the renovated studio & second floor apartment, or possibly knock down the existing wall between the office and studio and make a bigger 1st floor apartment. There are 3 1/2 baths, and a utility room that houses the furnace, water heaters, and electrical boxes. Large garage area in back that needs work, but there is plenty of parking for at least 5 cars. Crawl space accessible from apartment. Apartments to be delivered vacant. Showings will be held on Saturday, 4/30/2022 from 11am -2pm and on Sunday, 5/01/2022 from 10am-12pm by appointment only. All offers requested by Tuesday, May 3, 2022 by 1:00pm.

Last Agent to Sell the Property

Joanne Frontiero

Holly C & Co. Fine Homes Listed on: 04/28/2022

Last Buyer's Agent

Joanne Frontiero

Holly C & Co. Fine Homes Listed on: 04/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Manufactured Home on a slab
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,268 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • O'maley Middle School
  • Gloucester High School

Utilities

  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:0040 B:0085 L:0000,1895900

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,119

Year Built

Built in 1900 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1900
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Transaction Broker: 1.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Laminate, Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Studio,Bathroom with Shower Stall), Unit 2(Ceiling Fans,Storage,Bathroom With Tub & Shower), Unit 3(Bathroom with Shower Stall), Unit 1 Rooms(Other (See Remarks)), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Other (See Remarks))
  • Fireplace YN: No
  • Appliances: Unit 3(Range,Refrigerator), Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Living Area: 1268
  • Stories Total: 3
  • MAIN LO: BB5769
  • LIST PRICE PER Sq Ft: 335.17
  • PRICE PER Sq Ft: 307.57
  • MAIN SO: BB5769

Exterior Features

  • Exterior Features: Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station

Lot Info

  • Parcel Number: M:0040 B:0085 L:0000,1895900
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • PAGE: 564

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3119
  • Tax Book Number: 15651

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Gloucester High
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 1999
Sold by
Vitale Conrad
Bought by
Lafata Jon A and Lafata Beth A
Current Estimated Value
$481,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,800
Outstanding Balance
$16,359
Interest Rate
6.95%
Mortgage Type
Commercial
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
Lafata Jon A $86,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafata Jon A $51,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $390,000 -8.2% $308 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $425,000 -10.5% $335 / Sq Ft
05/09/2022 05/09/22 Price Changed $475,000 -8.5% $375 / Sq Ft
04/28/2022 04/28/22 For Sale $519,000 -- $409 / 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 $3,733 $383,700 $131,600 $252,100
2024 $3,733 $383,700 $131,600 $252,100
2023 $0 $308,000 $117,500 $190,500
2022 $0 $265,900 $102,200 $163,700
2021 $0 $229,700 $92,900 $136,800
2020 $0 $220,300 $92,900 $127,400
2019 $0 $219,000 $92,900 $126,100
2018 $0 $216,300 $92,900 $123,400
2017 $0 $205,800 $83,700 $122,100
2016 -- $205,700 $83,600 $122,100
2015 -- $205,700 $83,600 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72973013

MLS Property Information Network (MLS PIN)

APN: GLOU-000040-000085