NOT LISTED FOR SALE

740 & 740R Washington St Gloucester, MA 01930

Estimated Value: $909,000 - $1,997,000

5 Beds
2 Baths
1,902 Sq Ft
$797/Sq Ft Est. Value

Last Sold August 06, 2015

Last sale price $912,500 $480 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $9,212/month

45 Days on Market

About This Home

As of August 2015

Life on Lobster Cove and the Annisquam River! Strategically situated with easy access to Annisquam Village, this beautiful property on the Cove has two residential buildings and an operational 10-deep water boat slips that provides your access to our ocean beyond. Enjoy the riverfront and the serene tranquility and scenic beauty of sweeping views of Lobster Cove and Annisquam Villiage in the backdrop. This property offers two residential buildings, one single-family three-bedroom home and the other a multi-unit building with a two-bedroom residence on the top level and another unit at street level for a store or apt, both buildings have spectacular panoramic water views. There is ample parking and the grounds provide a wonderful ambiance. Separate water meters. Easy access to highway, beaches and railway system to Boston. First right of refusal on an adjacent riverfront property with cottage being offered. A truly unique property that is a very rare find and an utmost pleasure to own.

Last Agent to Sell the Property

Richard Petralia

Churchill Properties Listed on: 05/23/2015

Last Buyer's Agent

Felicia Trupiano

J. Barrett & Company

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,330

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Cleared, Sloping, Scenic View(s)
  • Other Agent: 2.25
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station
  • Electric: 220 Volts, Circuit Breakers, 100 Amps
  • Flooring: Wood, Vinyl, Hardwood
  • Basement: Full, Partial, Walk Out, Dirt Floor, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch - Enclosed, Screens
  • Foundation: Concrete Block, Fieldstone, Brick, Granite

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Improved Driveway
  • Parking Spaces: 6

Utilities

  • Heat Zones: 2
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Schools

  • Elementary School: Pum Cove
  • Middle School: O'maley
  • High School: Gloucester

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2015 08/06/15 Sold $912,500 -3.9% $480 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
05/23/2015 05/23/15 For Sale $950,000 -- $499 / 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 $14,330 $1,472,800 $1,026,300 $446,500
2024 $14,330 $1,472,800 $1,026,300 $446,500
2023 $13,478 $1,272,700 $875,500 $397,200
2022 $12,625 $1,076,300 $761,400 $314,900
2021 $11,398 $916,200 $692,000 $224,200
2020 $11,103 $900,500 $692,000 $208,500
2019 $10,826 $853,100 $659,800 $193,300
Source: Public Records

Agents Affiliated with this Home

  • Richard Petralia

    Seller's Agent in 2015

    Richard Petralia

    Churchill Properties

    (978) 239-6207

    12 Total Sales

    Richard Petralia
    Section Image
  • Felicia Trupiano

    Buyer's Agent in 2015

    Felicia Trupiano

    J. Barrett & Company

    (978) 273-5934

    29 Total Sales

    Felicia Trupiano
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71842251

MLS Property Information Network (MLS PIN)

APN: GLOU M:0116 B:0036 L:0000

Massachusetts Essex County Gloucester 01930

740 & 740R Washington St, Gloucester, MA

This home is located at 740 & 740R Washington St, Gloucester, MA 01930 since 23 May 2015 and is currently estimated at $1,516,722, approximately $797 per square foot. This property was built in 1920. 740 & 740R Washington St is a home located in Essex County with nearby schools including Plum Cove 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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