NOT LISTED FOR SALE

Estimated Value: $700,000 - $873,000

5 Beds
4 Baths
3,084 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $470,000 $152 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,501/month

31 Days on Market

About This Home

As of May 2017

Not your typical two-family,two attached homes consisting of a one level living ranch with three bedrooms and 1.5 baths, hardwood flooring, masonry fireplace, eat-in-kitchen, formal dining area, sun porch and mudroom with laundry. The two story Cape offers a rustic interior with two bedrooms (could easily be 3) and two full baths with private laundry, open concept and skylights. Each residence has a private yard area and plenty of parking. Nice corner lot across from wooded city property. Recent roof, exterior siding, windows and more. Great for extended families, additional income or investment. City water & sewer. Easy access to route 128, commuter rail and downtown. Buyer to assume Betterment Fee w City of Gloucester, offers presented after open house, see listing agent.

Last Agent to Sell the Property

Holly Chiancola

Holly C & Co. Fine Homes Listed on: 03/09/2017

Last Buyer's Agent

Fintan Madden

RE/MAX Beacon

RE/MAX Beacon

Property Details

Home Type

Multi-Family

Year Built

1957

Lot Details

0

Listing Details

  • Lot Description: Corner, Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1957

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Storm Windows, Insulated Doors, Storm Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Partial, Interior Access, Bulkhead
  • Total Levels: 3

Exterior Features

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

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heat Zones: 3
  • Hot Water: Oil
  • Utility Connections: for Gas Range, for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:0040 B:0027 L:0000
  • Zoning: R4
  • Lot: 27

Multi Family

  • Foundation: 46x27 32x24
  • Heat Units: 1
  • Total Bedrooms: 5
  • Total Fireplaces: 1
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Levels: 2
  • Total Rms: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
May 18, 2017
Sold by
Demetri Mary L and Demetri Augustus S
Bought by
Salah Dean R and Kennedy-Salah Elizabeth
Seller's Agent
Holly Chiancola
Holly C & Co. Fine Homes
Buyer's Agent
Fintan Madden
RE/MAX Beacon
List Price
$465,000
Sold Price
$470,000
Premium/Discount to List
$5,000
1.08%
Current Estimated Value
$758,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,537
Avg. Annual Appreciation
5.70%
Original Mortgage
$376,000
Outstanding Balance
$310,437
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$448,100
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
Salah Dean R $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salah Dean R $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2017 05/17/17 Sold $470,000 +1.1% $152 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
04/08/2017 04/08/17 For Sale $465,000 0.0% $151 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $465,000 -- $151 / 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 $6,466 $665,200 $151,000 $514,200
2024 $6,403 $658,100 $143,900 $514,200
2023 $6,882 $649,900 $128,500 $521,400
2022 $6,215 $529,800 $111,700 $418,100
2021 $6,354 $510,800 $101,600 $409,200
2020 $6,013 $487,700 $101,600 $386,100
2019 $5,568 $438,800 $101,600 $337,200
2018 $4,889 $378,100 $101,600 $276,500
2017 $4,673 $354,300 $96,700 $257,600
2016 $4,512 $331,500 $100,900 $230,600
2015 $4,429 $324,500 $100,900 $223,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72129043

MLS Property Information Network (MLS PIN)

APN: GLOU-000040-000027