Seller's Agent in 2021
Robert Raiche
Century 21 North East
(978) 530-9797
1 in this area
78 Total Sales
89 Prospect St Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $705,000 - $759,000
5
Beds
3
Baths
2,500
Sq Ft
$295/Sq Ft
Est. Value
About This Home
As of May 2021Attention Contractors and Investors! Here’s a rare 3 family home in the heart of Gloucester. The home has 3 units – The first unit is in the partially finished, walk out basement. It has one bedroom. The 2nd unit is on the main floor and has 2 bedrooms. The 3rd unit is on the second and third floor, the main level has a spacious kitchen and living room, a smaller extra room, a bathroom, and access to the deck. The third floor has 2 bedrooms, and a couple of unfinished rooms for storage or expansion potential. There is a good sized yard, 3 parking spaces, and a large storage shed that while structurally sound, needs work. Electric is on one meter, and heat/hot water is paid by each unit. The home has vinyl siding, newer windows and newer roof. Sold as-is and with currently paying tenants who would like to stay. This property will likely not comply with FHA financing requirements. Units 2 & 3 are in good shape. Unit 1 needs work. ***Group Showings by Appointment Only**
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 4,792
Additional Features
- Wood Flooring
- Year Round Access
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2021
Closed on
May 25, 2021
Sold by
Parisi Ann U
Bought by
Cross St Apartments Llc
Seller's Agent
Robert Raiche
Century 21 North East
Buyer's Agent
Peter Lane
North Shore's Gold Coast Realty
List Price
$499,000
Sold Price
$535,000
Premium/Discount to List
$36,000
7.21%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,000
Avg. Annual Appreciation
7.18%
Original Mortgage
$661,000
Outstanding Balance
$599,031
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$137,969
Purchase Details
Closed on
Jun 25, 1999
Sold by
Parisi Jack A Est
Bought by
Parisi Ann U and Matese Robert W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cross St Apartments Llc | $535,000 | None Available | |
| Parisi Ann U | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cross St Apartments Llc | $661,000 | |
| Previous Owner | Parisi Ann U | $60,000 | |
| Previous Owner | Parisi Ann U | $135,000 | |
| Previous Owner | Parisi Ann U | $96,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/25/2021 05/25/21 | Sold | $535,000 | +7.2% | $214 / Sq Ft |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- |
| 04/06/2021 04/06/21 | For Sale | $499,000 | -- | $200 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,876 | $604,500 | $137,200 | $467,300 |
| 2024 | $5,478 | $563,000 | $130,700 | $432,300 |
| 2023 | $5,690 | $537,300 | $116,700 | $420,600 |
| 2022 | $5,203 | $443,600 | $101,500 | $342,100 |
| 2021 | $5,041 | $405,200 | $92,300 | $312,900 |
| 2020 | $4,779 | $387,600 | $92,300 | $295,300 |
| 2019 | $4,449 | $350,600 | $92,300 | $258,300 |
| 2018 | $4,282 | $331,200 | $92,300 | $238,900 |
| 2017 | $4,066 | $308,300 | $83,100 | $225,200 |
| 2016 | $3,773 | $277,200 | $83,100 | $194,100 |
| 2015 | $3,703 | $271,300 | $83,100 | $188,200 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Raiche
-
Peter Lane
Buyer's Agent in 2021
Peter Lane
North Shore's Gold Coast Realty
(978) 689-5431
25 in this area
75 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72805739
APN: GLOU-000013-000041
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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