70 Friend St Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $681,627 - $750,000
6
Beds
3
Baths
2,470
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Storage Shed
About This Home
As of March 2019Centrally located 3 family consists of 5 Rm. 2 BR, 4 Rm. 2 BR, and 5 Rm. 2 BR units. All separate utilities. 3 car paved offstreet parking with room to create more! Low maintenance aluminum siding and 3 yr old roof! Easy to maintain yard area for tenants to enjoy. Long term tenants! Unit 2 vacant. Current Income $27,504 Yr. Current Expenses $12,467 Yr. Projected income $$47,904 Yr. Projected Expenses $12,167 Projected Net Income $35,737 Perfect for Investors or owner occupants!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,356
Year Built
- Built in 1900
Lot Details
- Year Round Access
Flooring
- Wood
- Pine Flooring
- Vinyl
Outdoor Features
- Deck
- Storage Shed
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2019
Closed on
Mar 14, 2019
Sold by
Joseph Steven D
Bought by
Macfarland Norman and White Drew
Seller's Agent
Peter and Pam Lane
North Shore's Gold Coast Realty
Buyer's Agent
Atlee Alman
Vadala Real Estate
List Price
$459,000
Sold Price
$442,000
Premium/Discount to List
-$17,000
-3.7%
Total Days on Market
6
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
$284,157
Avg. Annual Appreciation
8.24%
Original Mortgage
$434,400
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 31, 2013
Sold by
Joseph Steven D and Watson Erika J
Bought by
Joseph Steven D
Purchase Details
Closed on
Dec 29, 2005
Sold by
Frontiero Mary and Testaverde Jean
Bought by
Joseph Steven D and Watson Erika J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Gloucester, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Macfarland Norman | $442,000 | -- | |
| Joseph Steven D | -- | -- | |
| Joseph Steven D | $375,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Macfarland Norman | $120,000 | |
| Open | Macfarland Norman | $455,000 | |
| Closed | Macfarland Norman | $434,400 | |
| Previous Owner | Smith Esther M | $365,000 | |
| Previous Owner | Smith Esther M | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2019 03/15/19 | Sold | $442,000 | -3.7% | $179 / Sq Ft |
| 02/11/2019 02/11/19 | Pending | -- | -- | -- |
| 02/05/2019 02/05/19 | For Sale | $459,000 | -- | $186 / 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 | $5,356 | $550,500 | $130,100 | $420,400 |
| 2024 | $5,356 | $550,500 | $130,100 | $420,400 |
| 2023 | $5,562 | $525,200 | $116,200 | $409,000 |
| 2022 | $5,027 | $428,600 | $101,100 | $327,500 |
| 2021 | $5,130 | $412,400 | $91,900 | $320,500 |
| 2020 | $4,856 | $393,800 | $91,900 | $301,900 |
| 2019 | $4,507 | $355,200 | $91,900 | $263,300 |
| 2018 | $4,330 | $334,900 | $91,900 | $243,000 |
| 2017 | $4,110 | $311,600 | $82,800 | $228,800 |
| 2016 | $3,799 | $279,100 | $82,700 | $196,400 |
| 2015 | $3,726 | $273,000 | $82,700 | $190,300 |
Source: Public Records
Agents Affiliated with this Home
-
Peter and Pam Lane
Seller's Agent in 2019
Peter and Pam Lane
North Shore's Gold Coast Realty
(978) 689-5431
28 in this area
84 Total Sales
-
Atlee Alman
A
Buyer's Agent in 2019
Atlee Alman
Vadala Real Estate
(978) 807-8096
6 in this area
30 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72449600
APN: GLOU-000052-000049
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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