Seller's Agent in 2022
Amanda Armstrong
Compass
(978) 879-6322
9 in this area
218 Total Sales
65 Maplewood Ave Gloucester, MA 01930
Central Gloucester Neighborhood
9
Beds
9
Baths
9,602
Sq Ft
5,227
Sq Ft Lot
About This Home
As of February 2022Investors take note. BY APPOINTMENT ONLY - Please register to attend a private tour of the property during our open house on May 22, 9am-12pm and again on May 23, 9am-12pm. Offers due Tuesday, May 25th by 5pm and will be reviewed and responded to on May 26th. A rare opportunity to own an investment opportunity in downtown Gloucester featuring nine residential units, one commercial space complete with two car garage with a solid rental history spanning over 30 years. This three story multi-use building featuring nine one bedroom apartments, one commercial unit and a two car garage is ready for a new owner. All residential units are fully occupied and tenants will remain with the sale. Pets allowed, Coin operated laundry on site and all conveniently located downtown Gloucester in walking distance of MBTA Commuter Rail to Boston, all area shopping, parks and recreation, cultural and restaurant scene including area beaches.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,881
Year Built
- 1900
Lot Details
- 5,227
Parking
- 2
Additional Features
- Property has 1 Level
- 10 Heating Zones
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2021
Closed on
Feb 28, 2022
Sold by
Joseph Scott K Est and Joseph
Bought by
Pollard Brian J
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Mark Ventimiglia
Vadala Real Estate
List Price
$980,000
Sold Price
$845,000
Premium/Discount to List
-$135,000
-13.78%
Total Days on Market
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Outstanding Balance
$659,853
Interest Rate
3.55%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pollard Brian J | $1,125,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pollard Brian J | $695,000 | |
| Previous Owner | H J Joseph Rt | $160,000 | |
| Previous Owner | H J Joseph Rt | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2022 02/28/22 | Sold | $845,000 | -13.8% | $88 / Sq Ft |
| 05/28/2021 05/28/21 | Pending | -- | -- | -- |
| 05/20/2021 05/20/21 | For Sale | $980,000 | -- | $102 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,881 | $1,055,300 | $389,200 | $666,100 |
| 2024 | $7,881 | $1,055,300 | $389,200 | $666,100 |
| 2023 | $0 | $1,048,800 | $318,300 | $730,500 |
| 2022 | $0 | $902,200 | $276,100 | $626,100 |
| 2021 | $0 | $655,200 | $133,400 | $521,800 |
| 2020 | $7,881 | $618,600 | $133,400 | $485,200 |
| 2019 | $0 | $613,400 | $133,400 | $480,000 |
| 2018 | $0 | $603,000 | $133,400 | $469,600 |
| 2017 | $0 | $591,400 | $127,000 | $464,400 |
| 2016 | -- | $550,300 | $127,400 | $422,900 |
| 2015 | -- | $550,300 | $127,400 | $422,900 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Armstrong
-
J
Seller Co-Listing Agent in 2022
Jeff Hubbard
Engel & Volkers By the Sea
-
Mark Ventimiglia
Buyer's Agent in 2022
Mark Ventimiglia
Vadala Real Estate
(978) 281-1111
30 in this area
80 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72835114
APN: GLOU-000027-000016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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