NOT LISTED FOR SALE

Estimated Value: $637,000 - $781,194

4 Beds
3 Baths
1,990 Sq Ft
$370/Sq Ft Est. Value

Last Sold October 17, 2024

Last sale price $750,000 $377 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,308/month

7 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Tandem Parking
  • Canal View
  • Wood Flooring
  • Patio

About This Home

As of October 2024

Imagine having Blynman Canal at your doorstep, Stacy Boulevard as your backyard, and Stage Fort Park, Pavilion Beach, and vibrant downtown just a short stroll away. Our latest listing offers unparalleled access to Gloucester's waterfront allure. Relax on the back deck to watch the holiday fireworks display, parade of boats and the wicked tuna boats as they head out to sea. This versatile 4-bedroom, 3-bath two-family home is not just a property but a fantastic investment opportunity. With a bit of creativity and effort, this may have the potential to transform it into a three-unit property. Whether you choose to live comfortably in one unit while earning rental income from the other, or rent out both for a steady revenue stream, this home adapts to your needs. Ideal for multi-generational families, it strikes the perfect balance between communal living and individual privacy. Don’t miss out on this golden opportunity to make Gloucester your home and investment hub.

Last Agent to Sell the Property

Jennifer Anderson

RE/MAX Beacon Listed on: 09/12/2024

RE/MAX Beacon

Last Buyer's Agent

Nathan Seavey

Leading Edge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,413

Year Built

  • Built in 1900

Lot Details

  • 3,051 Sq Ft Lot
  • Property fronts a private road

Home Design

  • Brick Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 1,990 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Canal Views
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Patio

Schools

  • O'maley Middle School
  • GHS High School

Additional Features

  • Property is near public transit
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1893494

Community Details

Overview

  • 2 Units

Recreation

  • Marina
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,413

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Carpet
  • Interior Amenities: Living Room, Kitchen, Family Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Bulkhead
  • Living Area: 1990
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN8171
  • MAIN SO: AN4643

Exterior Features

  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Private Road
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Marina
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1893494
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3051
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5413

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N
  • Waterview: Canal

MLS Schools

  • High School: Ghs
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Nancy J Adams Irt and Adams
Bought by
Adams Paul J
Current Estimated Value
$736,299

Purchase Details

Closed on
Nov 5, 2007
Sold by
Adams Nancy J
Bought by
Nancy J Adams Irt and Adams Nancy J Est

Purchase Details

Closed on
Feb 17, 1994
Sold by
Lim-Epstein Cerise H
Bought by
Adams Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
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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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
Adams Paul J -- None Available
Adams Paul J -- None Available
Nancy J Adams Irt -- --
Nancy J Adams Irt -- --
Adams Nancy J $125,000 --
Adams Nancy J $125,000 --
Adams Nancy J $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Nancy J $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2024 10/17/24 Sold $750,000 +7.4% $377 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $698,000 -- $351 / 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 $5,536 $569,500 $205,600 $363,900
2024 $5,413 $556,300 $195,800 $360,500
2023 $5,543 $523,400 $174,800 $348,600
2022 $5,176 $441,300 $148,600 $292,700
2021 $5,006 $402,400 $135,100 $267,300
2020 $4,773 $387,100 $135,100 $252,000
2019 $4,504 $354,900 $135,100 $219,800
2018 $4,260 $329,500 $135,100 $194,400
2017 $4,084 $309,600 $128,700 $180,900
2016 $4,000 $293,900 $129,100 $164,800
2015 $3,942 $288,800 $129,100 $159,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73289208

MLS Property Information Network (MLS PIN)

APN: GLOU-000003-000052