NOT LISTED FOR SALE

8 Staten St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $781,000 - $885,000

7 Beds
3 Baths
2,547 Sq Ft
$320/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2021

Last sale price $650,000 $255 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,947 / mo

6 Days on Market

About This Home

As of October 2021

Well-maintained 3 family in Gloucester! Unit one offers three bedrooms one bath, unit two offers two bedrooms one bath and unit three features two bedrooms one bath. Good size common area in basement with washer & dryer hookups and individual designated storage space per unit. Driveway with off-street parking for 5 vehicles. Rents are below market value and plenty of room for additional income. Close to downtown Gloucester, shops, restaurants and waterfront. Easy access to Rt 128 and MBTA. Wonderful opportunity to purchase a cash flowing asset for an investor or owner-occupied while renting out the other units.

Last Agent to Sell the Property

Salvatore Dimercurio

Keller Williams Realty Evolution Listed on: 09/14/2021

Keller Williams Realty Evolution

Last Buyer's Agent

Kevin Farrar

Atlantic Coast Homes,Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 3,920

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: GPS
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater
  • Has Basement: Full, Interior Entry, Concrete
  • MAIN LO: C95098
  • MAIN SO: AC1991
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Foundation Details: Brick/Mortar
  • Disclosures: 3rd Bedroom In Unit #1 Does Not Have A Closet.
  • Exclusions: Washer & Dryers In Basement Are Tenants And Are Not Included.
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Electric)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, Marina, Public School
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • LOT SIZE: 3880
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3920.399999
  • Zoning: R-5

Multi Family

  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
  • Annual Gross Income: 52200
  • Property Net Operating Income: 52200
  • Number Of Units Total: 3
  • Total Actual Rent: 4350

Tax Info

  • Tax Annual Amount: 5281
  • Tax Book Number: 24194
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 29, 2021
Sold by
Bought by
Seller's Agent
Salvatore Dimercurio
Keller Williams Realty Evolution
Buyer's Agent
Kevin Farrar
Atlantic Coast Homes,Inc
List Price
$599,900
Sold Price
$650,000
Premium/Discount to List
$50,100
8.35%
Current Estimated Value
$814,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,460
Avg. Annual Appreciation
4.89%
Original Mortgage
$487,500
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2005
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 None Available
$410,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $89,697
Open $487,500
Previous Owner $30,000
Previous Owner $285,000
Previous Owner $148,000
Previous Owner $27,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $650,000 +8.4% $255 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $599,900 -- $236 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,266 $644,600 $129,800 $514,800
2024 $5,835 $599,700 $123,600 $476,100
2023 $6,075 $573,700 $110,400 $463,300
2022 $5,457 $465,200 $96,000 $369,200
2021 $5,281 $424,500 $87,300 $337,200
2020 $4,997 $405,300 $87,300 $318,000
2019 $4,628 $364,700 $87,300 $277,400
2018 $4,439 $343,300 $87,300 $256,000
2017 $4,217 $319,700 $78,600 $241,100
2016 $3,886 $285,500 $78,600 $206,900
2015 $3,810 $279,100 $78,600 $200,500
Source: Public Records

Agents Affiliated with this Home

  • Salvatore Dimercurio

    Seller's Agent in 2021

    Salvatore Dimercurio

    Keller Williams Realty Evolution

    (978) 304-6983

    6 in this area

    35 Total Sales

    Salvatore Dimercurio
    Section Image
  • Kevin Farrar

    Buyer's Agent in 2021

    Kevin Farrar

    Atlantic Coast Homes,Inc

    (978) 578-3448

    2 in this area

    45 Total Sales

    Kevin Farrar
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72894516

MLS Property Information Network (MLS PIN)

APN: GLOU-000030-000013

Massachusetts Essex County Gloucester 01930 Central Gloucester

8 Staten St, Gloucester, MA

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MLS Property Information Network (MLS PIN) 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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