Seller's Agent in 2021
Mark Sylvain
Century 21 North East Homes
(978) 631-9977
3 in this area
3 Total Sales
7 Elwell St Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $635,000 - $696,000
4
Beds
2
Baths
1,938
Sq Ft
$337/Sq Ft
Est. Value
About This Home
As of October 2021Great opportunity to own this well maintained 2 family home in Gloucester. This is the perfect opportunity as an investment property or owner-occupied. Each unit is a two bedroom one bath, laundry located in both units. Both units freshly painted. Off street parking for 4 cars. Top unit has a nice deck. Beautiful yard to enjoy family cookouts and small gatherings. Conveniently located Right off of 127, this property is located in close proximity to school, downtown, beaches and restaurants. Come explore the potential of this ideally located, income-producing property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,111
Year Built
- 1999
Lot Details
- 5,227
Interior Spaces
- Property has 1 Level
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2021
Closed on
Oct 12, 2021
Sold by
Webb-Bevilacqua Amanda and Bevilacqua Jacob
Bought by
Lopes Bomino D and Lopes Maria Teodora
Seller's Agent
Mark Sylvain
Century 21 North East Homes
Buyer's Agent
Salvatore Dimercurio
Keller Williams Realty Evolution
List Price
$574,900
Sold Price
$560,000
Premium/Discount to List
-$14,900
-2.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,561
Avg. Annual Appreciation
4.56%
Original Mortgage
$495,000
Outstanding Balance
$454,322
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$211,685
Purchase Details
Listed on
Aug 11, 2014
Closed on
May 13, 2015
Sold by
Testaverde Anthony P
Bought by
Bevilacqua Jacob
Seller's Agent
Heath Team
North Shore's Gold Coast Realty
Buyer's Agent
Bridget Kimball
Coldwell Banker Realty - Lynnfield
List Price
$360,000
Sold Price
$315,000
Premium/Discount to List
-$45,000
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$309,294
Interest Rate
3.69%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 29, 2011
Sold by
Doyle Lawrence E and Testaverde Lena R
Bought by
Testaverde Anthony P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 17, 2010
Sold by
Doyle Lawrence E
Bought by
Doyle Lawrence E and Doyle Lena R
Purchase Details
Closed on
Apr 20, 2004
Sold by
Amero Michael W
Bought by
Doyle Lawrence E
Purchase Details
Closed on
Jun 14, 1999
Sold by
Cape Ann Dev Inc
Bought by
Amero Michael
Purchase Details
Closed on
Mar 24, 1999
Sold by
Blue Rt
Bought by
Cape Ann Dev Inc
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 |
|---|---|---|---|
| Lopes Bomino D | $560,000 | None Available | |
| Bevilacqua Jacob | $315,000 | -- | |
| Testaverde Anthony P | $260,000 | -- | |
| Doyle Lawrence E | -- | -- | |
| Doyle Lawrence E | -- | -- | |
| Doyle Lawrence E | $320,000 | -- | |
| Doyle Lawrence E | $320,000 | -- | |
| Amero Michael | $160,000 | -- | |
| Amero Michael | $160,000 | -- | |
| Cape Ann Dev Inc | $50,000 | -- | |
| Cape Ann Dev Inc | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lopes Bomino D | $495,000 | |
| Closed | Lopes Bomino D | $495,000 | |
| Previous Owner | Webb | $284,000 | |
| Previous Owner | Bevilacqua Jacob | $309,294 | |
| Previous Owner | Cape Ann Dev Inc | $208,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2021 10/12/21 | Sold | $560,000 | -2.6% | $289 / Sq Ft |
| 09/07/2021 09/07/21 | Pending | -- | -- | -- |
| 08/29/2021 08/29/21 | For Sale | $574,900 | +82.5% | $297 / Sq Ft |
| 05/13/2015 05/13/15 | Sold | $315,000 | -12.5% | $160 / Sq Ft |
| 04/13/2015 04/13/15 | Pending | -- | -- | -- |
| 08/11/2014 08/11/14 | For Sale | $360,000 | -- | $183 / 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 | $5,111 | $525,800 | $139,000 | $386,800 |
| 2024 | $5,016 | $515,500 | $132,300 | $383,200 |
| 2023 | $5,264 | $497,100 | $118,200 | $378,900 |
| 2022 | $4,917 | $419,200 | $102,800 | $316,400 |
| 2021 | $4,755 | $382,200 | $93,400 | $288,800 |
| 2020 | $4,509 | $365,700 | $93,400 | $272,300 |
| 2019 | $4,197 | $330,700 | $93,400 | $237,300 |
| 2018 | $3,979 | $307,700 | $93,400 | $214,300 |
| 2017 | $3,738 | $283,400 | $84,100 | $199,300 |
| 2016 | $3,562 | $261,700 | $84,100 | $177,600 |
| 2015 | -- | $238,100 | $84,100 | $154,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Sylvain
-
Salvatore Dimercurio
Buyer's Agent in 2021
Salvatore Dimercurio
Keller Williams Realty Evolution
(978) 304-6983
5 in this area
36 Total Sales
-
H
Seller's Agent in 2015
Heath Team
North Shore's Gold Coast Realty
-
B
Buyer's Agent in 2015
Bridget Kimball
Coldwell Banker Realty - Lynnfield
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72887726
APN: GLOU-000052-000012
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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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