NOT LISTED FOR SALE

Estimated Value: $835,000 - $1,117,000

5 Beds
3 Baths
2,722 Sq Ft
$378/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $672,000 $247 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,449/month

27 Days on Market

About This Home

As of December 2017

AMAZING LOCATION close to Good Harbor Beach with scenic marsh and ocean views is this well-maintained expanded 2-family Cape in East Gloucester. Tastefully updated side-by-side units. Unit 1 TAW rental offers a renovated kitchen with stainless appliances, slate backsplash, butcher block counters, and breakfast bar open to a living room with granite fireplace, large dining room with a gas stove and wraparound windows overlooking gardens and tidal marsh and 1st-floor bedroom with private bath. Also offers another bedroom, shared bath/laundry room and a 2-room master suite with expansive views plus a finished lower level room with a granite fireplace. Unit 2 TAW rental with an open concept 1st floor, renovated kitchen with stainless steel appliances, center island, granite counter tops and a dining room with a gas wood stove and laundry hook-up. 2nd floor has modern bath, 2 bedrooms and sitting area. Property includes a landscaped yard, patio, outdoor shower, & 2 paved driveways.

Last Listed By

Felicia Trupiano

J. Barrett & Company Listed on: 11/01/2017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,990

Year Built

1951

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements, Flood Plain, Level, Scenic View(s)
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Built Description: Actual, Renovated Since
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
  • Electric: 200 Amps
  • Flooring: Wood, Tile, Hardwood, Stone / Slate, Parquet
  • Basement: Partial, Finished, Partially Finished, Walk Out, Interior Access, Sump Pump
  • Full Bathrooms: 3
  • Total Levels: 4
  • Main Lo: C95243
  • Main So: C95243
  • Estimated Sq Ft: 2722.00

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Deck, Deck - Wood, Gutters, Screens, Fenced Yard, Garden Area, Outdoor Shower
  • Foundation: Poured Concrete
  • Beach: Ocean, Access, Walk to
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: East Gloucester
  • Middle School: O'malley
  • High School: Gloucester High

Lot Info

  • Zoning: R-3
  • Acre: 0.16
  • Lot Size: 7120.00

Multi Family

  • Total Bedrooms: 5
  • Total Fireplaces: 2
  • Total Floors: 2
  • Total Full Baths: 3
  • Total Levels: 2
  • Total Rms: 9
  • Multi Family Type: 2 Family - 2 Units Side By Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Dec 29, 2017
Sold by
Johnstone Gary I and Johnstone Glen H
Bought by
Bergen Catherine and Coons Matthew
Seller's Agent
Felicia Trupiano
J. Barrett & Company
Buyer's Agent
Ed Dick
J. Barrett & Company
List Price
$699,000
Sold Price
$672,000
Premium/Discount to List
-$27,000
-3.86%
Total Days on Market
27
Current Estimated Value
$1,028,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,032
Avg. Annual Appreciation
5.18%
Original Mortgage
$659,828
Interest Rate
3.95%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2012
Sold by
Johnstone Gary I
Bought by
Johnstone Gary I and Johnstone Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 7, 2003
Sold by
Henry Tr Catherine A
Bought by
Johnstone Gary I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Bergen Catherine $672,000 --
Johnstone Gary I -- --
Johnstone Gary I $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bergen Catherine $720,000
Closed Bergen Catherine $659,828
Previous Owner Johnstone Gary I $375,000
Previous Owner Johnstone Gary I $100,000
Previous Owner Johnstone Gary I $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $672,000 -3.9% $247 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $699,000 -- $257 / 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 $8,990 $923,900 $287,300 $636,600
2024 $8,990 $923,900 $287,300 $636,600
2023 $9,554 $902,200 $256,600 $645,600
2022 $8,631 $735,800 $218,200 $517,600
2021 $7,572 $608,700 $198,300 $410,400
2020 $7,433 $602,800 $198,300 $404,500
2019 $7,460 $587,900 $198,300 $389,600
2018 $7,024 $543,200 $198,300 $344,900
2017 $6,728 $510,100 $189,000 $321,100
2016 $6,506 $478,000 $189,600 $288,400
2015 $5,508 $403,500 $142,500 $261,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72249940

MLS Property Information Network (MLS PIN)

APN: GLOU-000175-000001