NOT LISTED FOR SALE

740 Washington St Gloucester, MA 01930

Estimated Value: $776,000 - $929,000

2 Beds
1 Bath
901 Sq Ft
$953/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $441,500 $490 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,087/month

7 Days on Market

About This Home

As of October 2017

AMAZING WATER VIEWS AND SUNSETS from this Annisquam Charmer! New siding, partial roof replacement, new Andersen windows, and newly renovated second floor currently being used as a 2 bedroom, 1 bath rental. The down to the studs first floor awaits your ideas. Whether utilizing as a home office, studio, or finish off for additional living space the possibilities are endless. Imagine waking up to views of Lobster Cove and or strolling across the Annisquam Foot Bridge to the Market Restaurant for breakfast! Beach pass available for a nominal fee to the Squam Rock Land Trust. Easy access to the Annisquam Yacht Club, sailing or tennis anyone? Possible boat slip rental available for an additional seasonal fee. This home has so much to offer with parking for three vehicles and a walk out basement for storage. Easy access to Rte.128 and Gloucester's beautiful downtown shops, restaurants, and breathtaking beaches. First showing 9/9 from 11-1pm. This property won't last!

Last Agent to Sell the Property

Felicia Trupiano

J. Barrett & Company Listed on: 09/05/2017

Last Buyer's Agent

Felicia Trupiano

J. Barrett & Company Listed on: 09/05/2017

Home Details

Home Type

Single Family

Year Built

1936

Lot Details

0

Listing Details

  • Lot Description: Easements, Sloping, Scenic View(s)
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual, Renovated Since
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Energy: Insulated Windows
  • Flooring: Wood, Wood Laminate
  • Insulation: Partial
  • Interior Amenities: Cable Available
  • Basement: Full, Interior Access, Unfinished Basement
  • Bedroom 2: Second Floor
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: First Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • Main Lo: C95243
  • Main So: C95243
  • Estimated Sq Ft: 901.00

Exterior Features

  • Construction: Frame
  • Exterior: Fiber Cement Siding
  • Exterior Features: Deck - Wood, Gutters
  • Foundation: Granite
  • Beach Ownership: Private, Public
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Tandem, Deeded
  • Parking Spaces: 3

Utilities

  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: R20
  • Lot: 30
  • Acre: 0.05
  • Lot Size: 2002.00

Multi Family

  • Waterview: River, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2017
Closed on
Oct 31, 2017
Sold by
Riverdock Cottage Llc
Bought by
Vassallo Richard A and Vassallo Shelley J
Seller's Agent
Felicia Trupiano
J. Barrett & Company
Buyer's Agent
Felicia Trupiano
J. Barrett & Company
List Price
$425,000
Sold Price
$441,500
Premium/Discount to List
$16,500
3.88%
Current Estimated Value
$859,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,586
Avg. Annual Appreciation
8.45%
Original Mortgage
$331,500
Outstanding Balance
$277,266
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$581,820

Purchase Details

Closed on
Aug 6, 2015
Sold by
Julia K Robinson Ret
Bought by
Riverdock Cottage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.03%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Vassallo Richard A $441,500 --
Riverdock Cottage Llc $912,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vassallo Richard A $331,500
Previous Owner Riverdock Cottage Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $441,500 +3.9% $490 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $425,000 -- $472 / 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 $7,141 $734,700 $411,600 $323,100
2024 $6,929 $712,100 $392,000 $320,100
2023 $6,984 $659,500 $350,000 $309,500
2022 $6,537 $557,300 $297,500 $259,800
2021 $6,316 $507,700 $270,500 $237,200
2020 $6,092 $494,100 $270,500 $223,600
2019 $5,486 $432,300 $270,500 $161,800
2018 $11,725 $906,800 $599,900 $306,900
2017 $11,213 $850,100 $571,600 $278,500
2016 $10,480 $770,000 $547,000 $223,000
2015 $10,105 $740,300 $534,600 $205,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72222829

MLS Property Information Network (MLS PIN)

APN: GLOU-000116-000030