NOT LISTED FOR SALE

7 Brightside Ave Gloucester, MA 01930

East Gloucester Neighborhood

Estimated Value: $1,022,000 - $1,195,000

5 Beds
5 Baths
3,696 Sq Ft
$295/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $575,000 $156 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,763/month

165 Days on Market

About This Home

As of January 2016

East Gloucester - Desirable area close to Beaches, Back Shore and Rocky Neck. A Custom designed Two Family offering large 1232 sq ft 1st floor apartment with LR, DR, Kitchen, 2 Bedrooms and 2 full baths with radiant heat. Very large main living area is on the next two levels offering 2464 living area offering, LR, DR, FR, Kitchen, 3 Bedrooms with master bath, 2 addtl full baths, walk in closet. Approximately 600 sq ft of unfinished living area above the garage presently used for storage.Nice private backyard deck and above ground pool with nicely maintained yard and gardens. Meticulously maintained home and in movein condition! Single family living with great rental income potential!!

Last Listed By

Dennis McManus

Graystone Properties Listed on: 07/22/2015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,342

Year Built

1998

Lot Details

0

Listing Details

  • Lot Description: Easements
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1998

Interior Features

  • Has Basement: No
  • Number of Rooms: 12
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame, Modular
  • Exterior: Vinyl
  • Exterior Features: Deck - Wood, Pool - Above Ground
  • Foundation: Poured Concrete
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 5

Utilities

  • Heat Zones: 3
  • Hot Water: Oil
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: East Gloucester
  • Middle School: O'maley
  • High School: Public

Lot Info

  • Zoning: R3

Multi Family

  • Foundation: 66 x 28
  • Heat Units: 1
  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 5
  • Total Levels: 3
  • Total Rms: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2015
Closed on
Jan 15, 2016
Sold by
Quinlan Richard J and Quinlan Faye M
Bought by
Marceau Michael D and Marceau Erica L
Seller's Agent
Dennis McManus
Graystone Properties
Buyer's Agent
Gail Luchini
Keller Williams Realty Evolution
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%
Total Days on Market
165
Current Estimated Value
$1,089,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,228
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Mar 20, 1998
Sold by
Cape Ann Dev Inc
Bought by
Quinlan Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.92%
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
Marceau Michael D $575,000 --
Quinlan Richard J $238,692 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marceau Michael D $475,000
Closed Marceau Michael $100,000
Closed Marceau Michael D $472,500
Closed Marceau Michael D $486,950
Previous Owner Quinlan Faye M $337,500
Previous Owner Quinlan Faye M $330,000
Previous Owner Quinlan Faye M $37,600
Previous Owner Quinlan Faye M $280,000
Previous Owner Quinlan Faye M $30,000
Previous Owner Quinlan Faye M $240,000
Previous Owner Quinlan Richard J $61,500
Previous Owner Quinlan Richard J $40,000
Previous Owner Quinlan Richard J $175,000
Previous Owner Quinlan Richard J $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $575,000 0.0% $156 / Sq Ft
01/03/2016 01/03/16 Pending -- -- --
12/31/2015 12/31/15 Off Market $575,000 -- --
11/11/2015 11/11/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $650,000 -- $176 / 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 $8,342 $858,200 $234,400 $623,800
2024 $8,202 $843,000 $223,200 $619,800
2023 $8,459 $798,800 $199,400 $599,400
2022 $8,030 $684,600 $169,500 $515,100
2021 $7,770 $624,600 $154,100 $470,500
2020 $7,372 $597,900 $154,100 $443,800
2019 $6,870 $541,400 $154,100 $387,300
2018 $6,424 $496,800 $154,100 $342,700
2017 $6,236 $472,800 $146,700 $326,100
2016 $5,986 $439,800 $147,200 $292,600
2015 $5,479 $401,400 $147,200 $254,200
Source: Public Records

Agents Affiliated with this Home

  • Dennis McManus

    Seller's Agent in 2016

    Dennis McManus

    Graystone Properties

    (978) 290-1821

    Section Image
  • Gail Luchini

    Buyer's Agent in 2016

    Gail Luchini

    Keller Williams Realty Evolution

    (978) 697-8830

    148 Total Sales

    Gail Luchini
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71877669

MLS Property Information Network (MLS PIN)

APN: GLOU-000056-000026

Massachusetts Essex County Gloucester 01930 East Gloucester

7 Brightside Ave, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 7 Brightside Ave, Gloucester, MA 01930 since 22 July 2015 and is currently estimated at $1,089,228, approximately $294 per square foot. This property was built in 1998. 7 Brightside Ave is a home located in Essex County with nearby schools including East Gloucester Elementary School, Ralph B O'maley Middle School, and Gloucester High School.

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MLS Property Information Network (MLS PIN) 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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