Seller's Agent in 2023
Alli Allmendinger
Churchill Properties
(978) 325-2702
5 in this area
25 Total Sales
7R Washington St Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $410,000 - $1,381,000
5
Beds
2
Baths
2,100
Sq Ft
$332/Sq Ft
Est. Value
Highlights
- Marina
- Deck
- Wood Flooring
- Waterfront
- Property is near public transit
- Jogging Path
About This Home
As of September 2023Singular opportunity for investors and contractors in historic Gloucester, the Oldest Seaport in America! A unique location for downtown living or Tourism, this 2 unit multifamily sits quietly off a main street yet is .2 miles to Pavilion Beach and the beautiful promenade overlooking Gloucester Harbor, and 'round the corner to impressive restaurants, independently owned shops, cafés, and bars. The upstairs duplex enjoys lovely light through large windows, high ceilings, and hardwood floors.The space offers abundant potential having 2 large front-to-back bedrooms on its top floor, and on its main level a 3rd bedroom and open concept kitchen, dining, and living room. Large full bath on this level also. The lower unit supports single-level living having no steps to enter. 2 bedrooms plus an open kitchen/Living area and full bath comprise the lower unit. Do not miss your chance to obtain property in this popular city that attracts tourists and residents year round.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,868
Year Built
- Built in 1900
Lot Details
- 1,742 Sq Ft Lot
- Waterfront
- Property fronts an easement
- Level Lot
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,100 Sq Ft Home
- Property has 1 Level
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Pine Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Shared Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Water Access
- Walking Distance to Water
- Bulkhead
- Deck
Location
- Property is near public transit
- Property is near schools
Schools
- Veterans Elementary School
- O'maley Middle School
- Gloucester High School
Utilities
- No Cooling
- Heating Available
Listing and Financial Details
- Total Actual Rent $1,300
- Assessor Parcel Number 1893757
Community Details
Amenities
- Shops
- Coin Laundry
Recreation
- Marina
- Park
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $15,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 15, 2003
Sold by
Vecchione Mark J
Bought by
35 Middle St Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 2, 1993
Sold by
Cape Ann S B
Bought by
Vecchione Mark J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 35 Middle St Llc | $295,000 | -- | |
| 35 Middle St Llc | $295,000 | -- | |
| Vecchione Mark J | $45,000 | -- | |
| Vecchione Mark J | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | I-N Town Realty Llc | $560,000 | |
| Open | Budrose Tr Philip D | $1,450,000 | |
| Closed | Budrose Tr Philip D | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2023 09/28/23 | Sold | $375,000 | -14.6% | $179 / Sq Ft |
| 07/02/2023 07/02/23 | Pending | -- | -- | -- |
| 06/14/2023 06/14/23 | For Sale | $439,000 | -- | $209 / 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 | $2,809 | $288,700 | $111,800 | $176,900 |
| 2024 | $2,809 | $288,700 | $111,800 | $176,900 |
| 2023 | $2,868 | $270,800 | $99,800 | $171,000 |
| 2022 | $2,700 | $230,200 | $86,800 | $143,400 |
| 2021 | $2,609 | $209,700 | $78,900 | $130,800 |
| 2020 | $2,493 | $202,200 | $78,900 | $123,300 |
| 2019 | $2,364 | $186,300 | $78,900 | $107,400 |
| 2018 | $2,246 | $173,700 | $78,900 | $94,800 |
| 2017 | $2,100 | $159,200 | $71,100 | $88,100 |
| 2016 | $2,055 | $151,000 | $71,000 | $80,000 |
| 2015 | -- | $148,500 | $71,000 | $77,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Chris Charido
Charlesgate Realty Group, llc
(781) 844-5335
1 in this area
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73124429
APN: GLOU-000007-000090
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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