NOT LISTED FOR SALE

Estimated Value: $563,000 - $773,000

6 Beds
4 Baths
2,112 Sq Ft
$332/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $445,000 $211 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,191/month

22 Days on Market

About This Home

As of August 2016

Enjoy the best of all worlds in this property it is much larger inside than you think. Located close to downtown Gloucester this unique investment opportunity has a spectacular updated kitchen, radiant heat in the tile on the 1st floor, open concept dining area, 5 bedrooms, and 2 1/2 bath in the main house. There is also a spacious 4 room rental apartment with its own laundry hookups in the lower level, which is very separate from the main house. So you get the feel of a single-family home with the benefit of rental income helping to pay your mortgage. New Roof in 2015. Do not miss this fabulous opportunity!

Last Agent to Sell the Property

Fintan Madden

RE/MAX Beacon Listed on: 06/07/2016

RE/MAX Beacon

Last Buyer's Agent

Bentley's Team

RE/MAX Bentley's

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1962

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Public School, T-Station
  • Electric: Fuses
  • Flooring: Wood
  • Basement: Partial, Partially Finished
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Porch, Patio
  • Foundation: Poured Concrete
  • Beach: Bay, Harbor, Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 5

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: R-5
  • Lot: 0000

Multi Family

  • Foundation: 24 X 42
  • Heat Units: 2
  • Total Bedrooms: 6
  • Total Floors: 2
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2016
Closed on
Aug 19, 2016
Sold by
Salah Dean R and Kennedy-Salah Elizabeth A
Bought by
Lucero Raymond G and Lucero Missie M
Seller's Agent
Fintan Madden
RE/MAX Beacon
Buyer's Agent
Bentley's Team
RE/MAX Bentley's
List Price
$448,800
Sold Price
$445,000
Premium/Discount to List
-$3,800
-0.85%
Current Estimated Value
$702,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,153
Avg. Annual Appreciation
4.95%
Original Mortgage
$422,750
Outstanding Balance
$336,541
Interest Rate
3.41%
Mortgage Type
FHA
Estimated Equity
$365,612

Purchase Details

Closed on
Oct 7, 1991
Sold by
Sawyer David J and Sawyer Doreen
Bought by
Salah Dean R and Salah Elizabeth

Purchase Details

Closed on
Jul 2, 1987
Sold by
Kennefick Timothy
Bought by
Sawyer David J
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
Lucero Raymond G $445,000 --
Salah Dean R $162,000 --
Sawyer David J $10,031 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucero Raymond G $422,750
Previous Owner Sawyer David J $30,000
Previous Owner Sawyer David J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2016 08/19/16 Sold $445,000 -0.8% $211 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $448,800 0.0% $213 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $448,800 -- $213 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,449 $663,500 $152,000 $511,500
2024 $6,340 $651,600 $144,800 $506,800
2023 $6,561 $619,500 $129,300 $490,200
2022 $6,150 $524,300 $112,400 $411,900
2021 $5,953 $478,500 $102,200 $376,300
2020 $5,636 $457,100 $102,200 $354,900
2019 $5,228 $412,000 $102,200 $309,800
2018 $4,867 $376,400 $102,200 $274,200
2017 $4,131 $313,200 $92,100 $221,100
2016 $3,818 $280,500 $92,100 $188,400
2015 $3,750 $274,700 $92,100 $182,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72018488

MLS Property Information Network (MLS PIN)

APN: GLOU-000045-000036