NOT LISTED FOR SALE

Estimated Value: $532,136 - $574,000

4 Beds
2 Baths
1,686 Sq Ft
$328/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $450,000 $267 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,329/month

7 Days on Market

Highlights

  • Marina
  • 4-minute walk to Gloucester
  • Waterfront
  • Golf Course Community
  • Medical Services
  • Deck

About This Home

As of September 2021

De-leaded Gloucester two family conveniently located close to downtown, train and highway. Each unit is a two bedroom one bath unit with separate utilities and two car tandem parking for each and storage in the basement with washer/dryer hook up. The second floor unit has entire finished attic for additional living space. Recent updates include new roof 2018, flooring 2018 and heating system and water heater 2018. Showings start Friday July 30th 5PM - 7PM and Saturday July 31st from 10am - 12:00 Noon. All Offers to be submitted by Tuesday August 3rd by 12:00 Noon.

Last Agent to Sell the Property

Clifford Cook

Holly C & Co. Fine Homes Listed on: 07/29/2021

Last Buyer's Agent

McCarthy Ciaramitaro Group

Five Mark Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,625

Year Built

  • Built in 1900

Lot Details

  • Waterfront
  • Garden

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,686 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Veterans Elementary School
  • O'maley Middle School
  • Gloucester High School

Utilities

  • Cooling Available
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,900
  • Rent includes unit 1(water), unit 2(water)
  • Tax Lot 55
  • Assessor Parcel Number 1894751

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $1,560
  • Water Sewer Expense $1,456
  • Operating Expense $4,481
  • Net Operating Income $30,319

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,625

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpet,Laminate
  • Interior Amenities: Unit 1(High Speed Internet Hookup), Unit 2(High Speed Internet Hookup), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 1686
  • Stories Total: 3
  • MAIN LO: BB5769
  • LIST PRICE PER Sq Ft: 254.98
  • PRICE PER Sq Ft: 266.9
  • MAIN SO: AN4733

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(Wall AC), Unit 2(Wall AC)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1456

Lot Info

  • Parcel Number: 1894751
  • Zoning: R5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • LOT SIZE: 0.05
  • PAGE: 514

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3625.02
  • Tax Book Number: 36774
  • Tax Lot: 55
  • Tax Map Number: 25

Multi Family

  • Gross Income: 34800
  • Insurance Expense: 1560
  • Net Operating Income: 30319
  • Number Of Units Total: 2
  • Operating Expense: 4481
  • Total Actual Rent: 2900
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Gloucester High
  • Elementary School: Veterans
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Mccarthy Brendan and Whipple Katherine
Bought by
8 Leighton Llc
Current Estimated Value
$553,284

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 27, 2021
Sold by
Goldco Properties Llc
Bought by
Mccarthy Brendan and Mccarthy Karin L
Seller's Agent
Clifford Cook
Holly C & Co. Fine Homes
Buyer's Agent
McCarthy Ciaramitaro Group
Five Mark Realty Group LLC
List Price
$429,900
Sold Price
$450,000
Premium/Discount to List
$20,100
4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$382,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 8, 2018
Sold by
Sargent Jennifer and Sargent Michael
Bought by
Goldco Properties Llc
Seller's Agent
Greg Verga
Churchill Properties
Buyer's Agent
rosemary Quarato
RE/MAX 360
List Price
$309,000
Sold Price
$295,000
Premium/Discount to List
-$14,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%

Purchase Details

Closed on
Apr 22, 2010
Sold by
Teixeira Ronald
Bought by
Sargent Michael and Sargent Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,067
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
8 Leighton Llc -- None Available
8 Leighton Llc -- None Available
Mccarthy Brendan $450,000 None Available
Goldco Properties Llc $295,000 --
Sargent Michael $189,500 --
Sargent Michael $189,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy Brendan $382,500
Previous Owner Teixeira Ronald $186,067
Previous Owner Teixeira Ronald $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $450,000 +4.7% $267 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $429,900 +45.7% $255 / Sq Ft
06/08/2018 06/08/18 Sold $295,000 -4.5% $175 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $309,000 -- $183 / 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 $4,039 $415,500 $120,400 $295,100
2024 $3,961 $407,100 $114,700 $292,400
2023 $4,078 $385,100 $102,400 $282,700
2022 $3,749 $319,600 $89,000 $230,600
2021 $3,625 $291,400 $80,900 $210,500
2020 $3,444 $279,300 $80,900 $198,400
2019 $3,052 $240,500 $80,900 $159,600
2018 $2,869 $221,900 $80,900 $141,000
2017 $2,691 $204,000 $72,900 $131,100
2016 $2,625 $192,900 $72,900 $120,000
2015 $2,583 $189,200 $72,900 $116,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72873205

MLS Property Information Network (MLS PIN)

APN: GLOU-000025-000055