8 Burnham St Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $578,049 - $708,000
6
Beds
3
Baths
2,246
Sq Ft
$290/Sq Ft
Est. Value
About This Home
As of October 2018This centrally located two family has been owned, occupied and well maintained by the same family for 60 years. The first floor is a one level unit consisting of two bedrooms, an updated kitchen, a living room with hardwood floors and a newer full bath, there is also a sun room and in unit laundry. The second and third floors make up a large 4 to 5 bedroom, one and a half bath unit. The first level has an eat-in kitchen, dining room, living room, full bath and bedroom. The second level has three bedrooms, an additional unheated room and a half bath. There is also a full basement for storage and off street parking. Each unit works well as an owners unit depending on how many bedrooms are needed for the owner occupant. This property will also work well for investors too. Open Houses on Thursday Aug 30th from 4:00pm-5:30pm and Saturday Sep 1st from 10:30am-12:00pm. All offers if any are due by Wednesday September 5th at 5:00pm.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,770
Year Built
- Built in 1900
Lot Details
- 2,614
Additional Features
- Year Round Access
- Electric Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2018
Closed on
Oct 26, 2018
Sold by
8 Burnham Street Rt
Bought by
Raneri Steven
Seller's Agent
Mark Ventimiglia
Vadala Real Estate
Buyer's Agent
Jose Zambrano
RE/MAX 360
List Price
$399,000
Sold Price
$403,500
Premium/Discount to List
$4,500
1.13%
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
$247,183
Avg. Annual Appreciation
7.56%
Original Mortgage
$378,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Similar Homes in Gloucester, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Raneri Steven | $403,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Raneri Steven | $372,000 | |
| Closed | Raneri Steven | $378,500 | |
| Closed | Raneri Steven | $3,632 | |
| Previous Owner | Giamanco Salvatore J | $60,000 | |
| Previous Owner | Giamanco Salvatore J | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/26/2018 10/26/18 | Sold | $403,500 | +1.1% | $180 / Sq Ft |
| 09/10/2018 09/10/18 | Pending | -- | -- | -- |
| 08/28/2018 08/28/18 | For Sale | $399,000 | -- | $178 / 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 | $4,770 | $490,200 | $115,900 | $374,300 |
| 2024 | $4,770 | $490,200 | $115,900 | $374,300 |
| 2023 | $4,930 | $465,500 | $103,500 | $362,000 |
| 2022 | $4,618 | $393,700 | $90,000 | $303,700 |
| 2021 | $4,467 | $359,100 | $81,800 | $277,300 |
| 2020 | $4,232 | $343,200 | $81,800 | $261,400 |
| 2019 | $3,877 | $305,500 | $81,800 | $223,700 |
| 2018 | $3,611 | $279,300 | $81,800 | $197,500 |
| 2017 | $3,394 | $257,300 | $73,700 | $183,600 |
| 2016 | $3,269 | $240,200 | $73,700 | $166,500 |
| 2015 | $3,208 | $235,000 | $73,700 | $161,300 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Ventimiglia
Seller's Agent in 2018
Mark Ventimiglia
Vadala Real Estate
(978) 281-1111
30 in this area
80 Total Sales
-
Jose Zambrano
Buyer's Agent in 2018
Jose Zambrano
RE/MAX 360
(781) 322-2622
146 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72385423
APN: GLOU-000027-000046
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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